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American Equity Investment Life (AEL)

American Equity Investment Life (AEL)
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American Equity Investment Life Insurance Company is a leader in the development and sale of fixed index and fixed rate annuity products. The company issues fixed annuity products through its wholly-owned life insurance subsidiaries, American Equity Investment Life Insurance Company, American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company. Annuities offer policyholders a tax-deferred means of accumulating retirement savings, as well as a reliable source of income during the payout period. American Equity Investment Life Insurance Company's products include Fixed index annuities, Annual reset fixed rate annuities, Multi-year fixed rate annuities and Single premium immediate annuities. American Equity markets its products through a variable cost distribution network, including independent agents through national marketing organizations, broker/dealers, banks and registered investment advisors.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Sales 2,835,970 1,415,500 3,689,470 2,424,650 3,464,350
Sales Growth +100.35% -61.63% +52.17% -30.01% +123.93%
Net Income 210,530 1,220,940 473,990 671,460 246,090
Net Income Growth -82.76% +157.59% -29.41% +172.85% -46.27%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Total Assets 79,918,297 73,926,141 78,349,109 71,389,672 69,696,547
Total Assets Growth +8.11% -5.65% +9.75% +2.43% +13.10%
Total Liabilities 76,870,531 70,735,688 72,025,977 64,814,961 65,126,430
Total Liabilities Growth +8.67% -1.79% +11.13% -0.48% +9.96%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Operating Cash Flow 3,939,810 2,044,180 4,233,160 1,304,990 3,351,400
Operating Cash Flow Growth +92.73% -51.71% +224.38% -61.06% +7,659.67%
Net Cash Flow 7,852,920 -2,589,310 -4,586,540 6,802,130 1,949,000
Change in Net Cash Flow +403.28% +43.55% -167.43% +249.01% +278.86%
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