American Equity Investment Life (AEL) is one of those under the radar companies that you love to come across. Although the company has very little following, it has a fantastic business model based on its status in the fixed index annuity world.
The company has also built a strong, conservative investment portfolio full of investment-grade bonds that will help it remain profitable during the continuing Covid-19 pandemic.
Let’s check it out.
Overview
American Equity Investment Life Holding Company operates in the creation, marketing, issuances, and underwriting of annuity and life insurance products. Based in West