Chartered under the laws of Texas in 1905, American National Insurance Company has enjoyed persistent growth during the past eight decades. Since its beginning in a three-story building on 22nd and Strand in Galveston, the company has evolved into an industry leader, ranking the strongest of the more than 1,800 life insurance companies in the United States.
From a beginning capital of $100,000 and surplus of $20,000, American National now has realized assets in excess of $8 billion.
Today, the company provides personalized services to about 7,000,000 policy-owners throughout 49 states, including Hawaii and Alaska, as well as the District of Columbia, Guam, Puerto Rico, and Western Europe.
This remarkable record of growth is the result of aggressive management which had its beginning with Galveston pioneer and financier, W.L. Moody, Jr., the company’s founder.
The Company has enjoyed steady growth through the sale of individual life and health insurance from its inception. The American National family of companies today offers a complete line of insurance protection including individual, group, credit life and health insurance, mutual funds, pension plans, annuities and in some states, property and casualty converges.
American National’s Credit Insurance Division for the last 50 years has provided products and services to many large financial institutions throughout the United States. The concept of credit reinsurance was pioneered by American National during the early 1950′s with the formation of the first Arizona reinsurance company. By constantly adjusting to market changes, American National is still the leader in credit insurance.
When choosing an insurance company to be your direct writer, a major area of concern is financial strength and stability. American National enjoys an A.M. Best rating of A+ (Superior) and Standard & Poor AA+. American National’s strength and stability is unsurpassed in the insurance industry with over $150 of assets per $100 liabilities. American National’s strong financial position will enable the company to respond aggressively to the challenges and opportunities of the future.