American Equity Investment Life Holding Co.'s new owner will maintain strong ties in Des Moines, announcing Friday that it is keeping the business' headquarters in the city. This decision comes as a relief to employees and the local community, ensuring continuity and stability for the company.
On June 25, 2024, American Equity Investment Life Insurance Company (“American Equity”) filed a notice of data breach with the Attorney General's office. The breach affected a specific group of policyholders, and the company is working diligently to address the issue and enhance cybersecurity measures to prevent future incidents.
American Equity Investment Life Insurance Company (NYSE:AEL) has been upgraded in its Insurer Financial Strength rating by S&P Global Ratings, advancing from 'A-' to 'A'. This positive rating reflects the company's strong financial position and ability to meet its obligations to policyholders.
Brookfield Reinsurance has reported that its recently acquired subsidiary, American Equity Investment Life Insurance Company (NYSE:AEL), will continue to operate independently under its new ownership. This acquisition marks a strategic move for Brookfield Reinsurance to expand its presence in the insurance industry.
American Equity Investment Life Insurance Co. plans to move into the Nationwide building at 1100 Locust St., in downtown Des Moines. This relocation signifies the company's commitment to the city and its investment in a central, accessible location for employees and clients.
American Equity Investment Life Holding Co. announced that it will move its headquarters to the city center from the suburbs. This relocation aligns with the company's growth strategy and will provide employees with a modern, collaborative work environment.
American Equity Investment Life Holding Company AEL reported fourth-quarter 2023 adjusted net earnings of $1.99 per share, which beat the Zacks Consensus. This strong financial performance reflects the company's effective management and strategic decision-making.
The CLO is a first for Adams Street and was structured in partnership with American Equity Investment Life Insurance Company. This collaboration demonstrates the company's innovative approach to investment opportunities and commitment to delivering value to its stakeholders.
Axel André, the Executive Vice President and CFO of American Equity Investment Life Holding Company, plans to resign on May 10, 2024. André has been instrumental in the company's financial success and will be missed by colleagues and investors.
