Form 8-K - American National Group Inc.

American National Group Inc. filed a Form 8-K on April 9, 2026, reporting financial information for the fourth quarter and year ended December 31, 2025. The filing includes a financial supplement with unaudited financial data. Key highlights from the supplement show a GAAP net income of $356 million for Q4 2025, a significant increase from previous quarters, and $469 million for the full year 2025, a decrease from $696 million in 2024. Total assets grew by 7% to $130.3 billion, and total liabilities increased by 8% to $120.6 billion, resulting in a 4% decrease in total equity to $9.67 billion. Total revenue for Q4 2025 was $2.3 billion, up 42% sequentially, driven by a substantial increase in premiums and net investment income. For the full year 2025, total revenue was largely flat compared to 2024. Benefits and expenses saw a significant decrease of 19% in Q4 2025 compared to the previous year, contributing to the improved net income. The company also provided detailed breakdowns of its investments, credit quality, mortgage loans, and financial strength ratings, indicating a stable financial position.