Company overview, corporate earnings and latest news.
Brookfield Asset Management hit the big $1 trillion mark in assets under management during the second quarter as the firm continues to expand.
The impact of life insurance assets is already having a big impact on the bottom line for Brookfield Corp., as the firm stockpiles cash for future investment.
When its acquisition of American Equity is completed, Brookfield Reinsurance expects to challenge the biggest annuity sellers in the country.
Fixed Index Annuities: American Equity provides a wide range of fixed index annuity products, helping policyholders to protect and grow their retirement savings while providing a guaranteed income stream.
Fixed Rate Annuities: The company offers fixed rate annuities that guarantee a specific interest rate for a set period.
Single Premium Immediate Annuities: American Equity provides immediate annuities for policyholders looking for an immediate, steady income stream in retirement.
Life Insurance: Although American Equity’s primary focus is on annuities, it also offers life insurance products.
Independent Agents: American Equity largely relies on a network of independent insurance agents who sell their annuity products to consumers.
Financial Advisors: Financial advisors play a significant role in recommending American Equity’s products based on the client’s individual retirement goals and risk tolerance.
Broker-Dealers: American Equity collaborates with broker-dealers who offer their products to clients.
Direct Sales: Though less common than agent-based sales, American Equity does provide options for customers to directly purchase their annuity products.
$1.47
American · Earnings Per Share (EPS) · FY23 Q1
Ranked 20th • Total Annuity Sales, with $1.4 billion. Q1 2023.
American Equity Investment Life Holding Company, founded in 1995 and based in West Des Moines, Iowa, is a leading name in the U.S. annuity and life insurance sector. American Equity is primarily engaged in the development, marketing, issuance, and administration of annuities and life insurance products, with a commitment to ensure a secure retirement for policyholders.
American Equity is recognized for its suite of annuity products, providing customizable and flexible solutions for customers’ diverse financial goals. It offers fixed and fixed index annuities.
The company has consistently ranked among the top fixed index annuity companies in the United States.
