AEL News and Press, American Equity Investment Life Holding Company From 08/07/23

2023-08-07 17:37:13 ET American Equity press release ( NYSE: AEL ): Q2 GAAP EPS of $1.62 misses by $0.07 . Revenue of $851.64M (+601.5% Y/Y) beats by $201.56M . Shares -2.4% AH. For further details see: American Equity GAAP EPS of $1.62 misses by ...

Company Highlights Second quarter 2023 net income available to common stockholders of $344.4 million, or $4.36 per diluted common share compared to net income of $752.4 million, or $8.06 per diluted common share for second quarter 2022 restated for the adoption of Accounting Standards U...

American Equity Investment Life Holding Company (NYSE: AEL), today announced that in accordance with the terms of its 5.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A (the “Series A Preferred Stock”), which is represented by depositary shares, each representing a 1/1,...

2023-07-17 11:35:14 ET Summary Brookfield Reinsurance has agreed to pay a high price for AEL. It underscores the value of annuity business for alt managers. BAM will benefit by adding ~$51B of AEL investments to its AUM. However, the immediate effect of this acquisition is rather ...

2023-07-13 12:10:37 ET Summary Brookfield's stock performance has been lackluster this year, underperforming the S&P 500, due to factors such as a decline in earnings and a string of defaults. Despite these challenges, the company's exposure to defaulted-on loans is minimal, a...

NEW YORK, NY / ACCESSWIRE / July 13, 2023 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Denbury Inc. (NYSE:DEN)'s sale to Ex...

2023-07-12 06:00:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. The Strategy underperf...

2023-07-11 16:45:51 ET American Equity Investment Life ( NYSE: AEL ) said on Tuesday its Q2 sales totaled $2B, the majority of which were in fixed index annuities (FIA), up from $1.4B total sales i n Q1 2023, in which FIA sales accounted for almost $1B. Q2 sales includ...

American Equity Investment Life Holding Company (NYSE: AEL) (“AEL”) today announced that its second-quarter 2023 sales totaled $2 billion, the majority of which were in fixed index annuities. AEL also announced that it will release its second quarter 2023 earnings results after the ...

AM Best has commented that the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of American Equity Investment Life Insurance Company and its subsidiaries, American Equity Investment Life Insurance Company of New York (Lake Suc...