Agent Alert: American National Announces Merger

[Northeast Agent]

American National Group, Inc. and Brookfield Asset Management Reinsurance Partners Ltd. Merger

We have some exciting news to share with you.

This morning we announced that American National and Brookfield Asset Management Reinsurance Partners Ltd. have entered into a definitive merger agreement. Our two companies share a long-term view of building strong, enduring businesses. Brookfield Reinsurance has been very clear: they want us to continue to grow our business, together with our leadership team and our excellent team of employees and distribution partners.

Please read the attached documents for information on the transaction: the official press release; a letter from Jim Pozzi and Tim Walsh; a welcome message from Brookfield Reinsurance; and initial FAQs.

We’ll share more information with you as it becomes available. We look forward to continuing to serve your needs and growing business together with you. Giddy Up!

David Behrens CLU, ChFC, LLIF, LUTCF
Exec VP, Independent Marketing Group
American National Insurance Company
President, CMO
American National Life Insurance Company of New York

 

[AZSHIS]

The Moody family's cash cow finally over hemorrhaged. What happens to their joke of a p and c company ANPAC? I doubt the new owners want the Galveston office.

 

[DHK]

ANICO was already a stock company with also a large family trust ownership stake. This isn't as shocking or as big of a deal as if it was a true mutual or mutual holding company.

I doubt much would change with American National.