AEL

American Equity Investment Life Holding Co

Halal Rating :
Uncomfortable
Last Price $56.45 Last updated:
Market Cap -
7D Change 0.0%
1 Year Change 0.0%

Company Overview

Industries
  • Finance
  • Insurance
  • And Real Estate
  • Insurance
  • Life Insurance
Exchange
Next Earnings Date

American Equity Investment Life Holding Company is a leading underwriter of fixed index annuities in the United States. The company specializes in the development and sale of fixed index and fixed rate annuity products, operating primarily through its wholly-owned life insurance subsidiaries. These products are designed to protect against market downturns while offering potential for interest based on positive changes in equity indexes.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
June 30, 2024 $2.07b $43.0m $-43000000.0 $43.0m 2.08% 100.00%
March 31, 2024 $977.04m $12.92m $-12923000.0 $12.92m 1.32% 100.00%

Company Impact

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