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American National merges two N.Y.-based life insurance subsidiaries

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PRESS RELEASE: The following content has been reprinted in whole or part from a company-supplied press release, issued statement, or other reports or sources.

American National Insurance Company announced American National Life Insurance Company of New York merged into Farm Family Life Insurance Company. Following the merger of these two subsidiaries, the surviving company has assumed the name American National Life Insurance Company of New York.

According to a statement from the firm, the merger of American National’s New York life insurance companies into a single entity furthers American National’s commitment to promoting and strengthening the American National brand while simplifying the corporate structure and improving service to New York customers.

news.1A more simplified but powerful structure will allow American National to better focus its efforts, improve speed to market and reduce expenses associated with implementing products in multiple companies, resulting in benefits to American National, as well as to agents and policyholders.

American National remains committed to our clients. As part of that commitment, American National Life Insurance Company of New York will continue to provide innovative insurance, annuity and pension products.

American National Insurance Company (American National), headquartered in Galveston, Texas, was founded in 1905 and is licensed in all states except New York. American National and its subsidiaries offer a broad line of products and services, which include life insurance, annuities, health insurance, credit insurance, pension products, and property and casualty insurance for personal lines, agribusiness and certain commercial exposures. American National companies operate in all 50 states.

American National Life Insurance Company of New York, whose home office is in Glenmont, New York, is licensed to conduct the business of insurance in the state of New York and twelve other states. American National Life Insurance Company of New York offers a broad line of Life Insurance and Annuity products and services, which include life insurance, annuities, credit insurance and pension products to New York residents.


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