American national insurance co (ANAT)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Premiums
Revenue

2,182

2,228

2,067

-

-

-

-

-

-

-

-

Other policy revenues

305

285

248

306

250

224

210

198

189

185

179

Net investment income

1,077

858

966

860

834

932

1,016

985

968

911

839

Net realized investment gains

37

18

104

46

87

48

124

90

100

79

5

Change in investment credit loss

6

1

13

17

27

6

4

22

9

5

79

Net gains (losses) on equity securities

422

-107

0

0

-

-

-

-

-

-

-

Other income

51

44

37

35

34

36

37

30

25

23

21

Total premiums and other revenues

4,070

3,326

3,411

3,227

3,017

3,050

3,119

2,987

3,023

3,073

2,940

BENEFITS, LOSSES AND EXPENSES
Policyholder benefits
Life

449

417

410

429

386

351

345

340

344

294

297

Annuity

218

290

270

296

230

234

193

156

135

205

249

Claims incurred
Health

109

122

103

132

146

144

139

155

159

184

239

Property and casualty

1,042

1,049

934

883

776

745

746

793

873

923

923

Interest credited to policyholders’ account balances

511

315

415

331

293

353

426

416

405

393

370

Commissions for acquiring and servicing policies

532

564

545

465

425

397

371

364

430

446

457

Other operating expenses

524

497

485

476

501

485

503

455

461

462

476

Change in deferred policy acquisition costs

12

71

81

-1

11

-9

-29

-32

38

40

63

Total benefits, losses and expenses

3,375

3,185

3,082

3,017

2,748

2,721

2,756

2,715

2,771

2,870

2,951

Income (loss) before federal income tax and other items

694

141

328

210

268

328

362

271

251

203

-10

Less: Provision (benefit) for federal income taxes
Current

87

24

49

-15

93

77

73

52

46

58

-14

Deferred

78

-22

-142

93

9

19

34

23

13

-3

-16

Total provision (benefit) for federal income taxes

165

1

-92

77

103

96

108

75

59

55

-31

Income (loss) after federal income tax

528

139

421

132

-

-

-

-

-

144

16

Equity in earnings of unconsolidated affiliates

103

21

86

57

77

14

16

-3

0

-3

-4

Other components of net periodic pension benefit (costs), net of tax

0

0

12

7

-

-

-

-

-

-

-

Income (loss) from discontinued operations, net of tax (see Note 21)

-

-

-

-

-

-

-

-

-

-1

-1

Net income (loss)

631

160

495

182

242

246

270

192

191

143

15

Less: Net loss attributable to noncontrolling interest, net of tax

11

1

1

1

-0

1

3

1

1

-1

-0

Net income (loss) attributable to American National

620

158

493

181

242

245

266

191

190

144

15

Amounts available to American National common stockholders
Earnings (loss) per share
Basic (in usd per share)

23.08

5.91

18.35

6.73

9.04

9.15

9.95

7.15

7.18

5.43

0.59

Diluted (in usd per share)

23.07

5.91

18.31

6.71

9.02

9.11

9.90

7.11

7.14

5.41

0.59

Cash dividends to common stockholders (in usd per share)

3.28

3.28

3.28

3.26

3.14

3.08

3.08

3.08

3.08

-

-

Weighted average common shares outstanding (in shares)

26

26

26

26

26

26

26

26

26

26

26

Weighted average common shares outstanding and dilutive potential common shares (in shares)

26

26

26

26

26

26

26

26

26

26

26

Life
Revenue

359

350

328

318

305

307

293

281

277

282

284

Annuity
Revenue

147

231

222

248

183

190

155

116

94

174

220

Health
Revenue

165

180

156

175

196

216

212

223

231

263

309

Property and casualty
Revenue

1,511

1,466

1,359

1,253

1,153

1,100

1,074

1,082

1,144

1,158

1,159