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/ratings/insurance/index.htm
Chartered
in 1905, American National Insurance Company has evolved into an industry leader,
ranking among the larger life insurance companies in the United States.
