These ratings are provided to you so that you may make a comparison
of American National Insurance Company to other companies. They
are not provided as a recommendation by the ratings companies
to purchase this coverage.
Best’s Rating: (A+ Superior)
A. M. Best Company, independent analyst of the insurance industry
since 1899, has awarded American National Insurance Company its
rating of A+ (Superior), the second out of 16 ratings. Best’s
ratings are assigned after an extensive analysis using a series
of profitability, leverage and liquidity tests which measure performance
in such vital areas as competency of underwriting, control of
expenses, adequacy of reserves, soundness of investments and capital
sufficiency.
Best’s Ratings reflect the publisher’s opinion as to the relative
financial strength and performance of each insurer in comparison
with others, based on Best’s analysis of the information provided
to them. These ratings are not a warranty of the insurer’s current
or future ability to meet its contractual obligations.
The A.M. Best Company scale of financial strength
and ability to meet obligations to policyholders is: A++ and A+
(Superior) A and A- (Excellent) B++ and B+ (Very Good) B and B-
(Adequate) C++ and C+ (Fair) C and C- (Marginal) D (Very Vulnerable)
E (Under State Supervision) and F (In Liquidation), S (Rating
Suspended).
To learn more about A.M. Best's Ratings, visit their web site
at www.ambest.com/ratings/index.html.
Standard and Poor’s Rating: AA
Standard & Poor’s assigns its AA rating, the second
out of 8 ratings, of insurer financial strength to American National
Insurance Company (American National). The rating of American
National Insurance Company reflects the company’s superior capitalization
strength, solid earnings performance, excellent market position,
above-average investment performance and strong liquidity. American
National’s capitalization is among the strongest in the industry,
which is expected to be maintained over the long term. Moreover,
American National has a low cost structure and its policy persistency
and agent retention rates have been very favorable. The company’s
ability to attain critical mass to have the necessary economy
of scale and strong sales network for product distribution are
its major competitive advantages. Investment performance is also
above average. While exposure to equities is higher than the industry
average, it is mitigated by the company’s superior capitalization.
Ratings reflect the publisher’s opinion as to the relative financial
strength and performance of each insurer in comparison with other
insurers, based on their analysis of the information provided
to them. These ratings are not a warranty of the insurer’s current
or future ability to meet its contractual obligations.
The Standard and Poor's Scale of insurer financial
strength is: AAA (Extremely Strong) AA (Very Strong) A (Strong)
BBB (Good) BB (Marginal) B (Weak) CCC (Very Weak) CC (Extremely
Weak).
To learn more about Standard and Poor's Ratings, visit their
web site at www.standardandpoors.com.
Chartered
in 1905, American National Insurance Company has evolved into
an industry leader, ranking among the larger life insurance companies
in the United States.
