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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 Sep, 2023 Jun, 2023 Mar, 2023 Dec, 2022
Sales 1,055,130 266,650 851,640 662,550 654,450
Sales Growth +295.70% -68.69% +28.54% +1.24% +33.06%
Net Income -465,000 476,160 355,360 -155,990 -18,450
Net Income Growth -197.66% +33.99% +327.81% -745.47% -105.90%
(Values in U.S. Thousands) Dec, 2023 Sep, 2023 Jun, 2023 Mar, 2023 Dec, 2022
Total Assets 79,918,297 76,712,898 77,645,422 74,495,727 73,926,141
Total Assets Growth +4.18% -1.20% +4.23% +0.77% +5.33%
Total Liabilities 76,870,531 74,636,352 75,050,383 71,866,906 70,735,688
Total Liabilities Growth +2.99% -0.55% +4.43% +1.60% +5.62%
(Values in U.S. Thousands) Dec, 2023 Sep, 2023 Jun, 2023 Mar, 2023 Dec, 2022
Operating Cash Flow 3,939,810 3,029,600 3,247,490 865,040 2,044,180
Operating Cash Flow Growth +30.04% -6.71% +275.42% -57.68% +81.69%
Net Cash Flow 7,852,920 8,268,770 3,080,990 858,180 -2,589,310
Change in Net Cash Flow -5.03% +168.38% +259.01% +133.14% +4.13%
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