Quarterly ResultMay 14, 2026, 04:28 PM
American National Group Q1 Net Loss $(7)M; Revenues Down
AI Summary
American National Group Inc. reported a significant reduction in net loss attributable to common stockholders for Q1 2026, narrowing to $(7) million from $(236) million in Q1 2025. However, total revenues decreased to $1,600 million from $1,889 million year-over-year, primarily due to a substantial decline in net premiums. Despite the revenue decrease, the company saw an increase in net investment income and improved operating cash flows, though comprehensive income turned into a loss.
Key Highlights
- Net loss attributable to common stockholders improved to $(7) million in Q1 2026 from $(236) million in Q1 2025.
- Total revenues decreased to $1,600 million in Q1 2026 from $1,889 million in Q1 2025.
- Net premiums declined significantly to $145 million in Q1 2026 from $458 million in Q1 2025.
- Net investment income increased to $1,289 million in Q1 2026 from $1,251 million in Q1 2025.
- Cash flows provided by operating activities rose to $699 million in Q1 2026 from $672 million in Q1 2025.
- Total assets were $130,406 million as of March 31, 2026, up from $130,257 million at December 31, 2025.
- Total equity decreased to $9,396 million as of March 31, 2026, from $9,669 million at December 31, 2025.
- Comprehensive loss attributable to stockholders was $(384) million in Q1 2026 compared to income of $124 million in Q1 2025.