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American National Group Inc. Completes P&C Subsidiaries Transfer
ANG-PB
M&A
- American National Group Inc. completed the transfer of its property and casualty subsidiaries (P&C Subsidiaries) to Argo Group International Holdings, Inc. on October 1, 2025.
- The disposed P&C Subsidiaries include American National Property And Casualty Company, United Farm Family Insurance Company, and Farm Family Casualty Insurance Company.
- Both American National Group Inc. and Argo Group International Holdings, Inc. are wholly-owned subsidiaries of Brookfield Wealth Solutions Ltd..
- The Company anticipates receiving a capital contribution to repay outstanding term loans, aiming to keep the transfer leverage neutral.
- Unaudited pro forma condensed consolidated financial statements are provided to reflect the disposition, serving informational purposes only and not indicative of future results.
Oct 7, 2025, 8:58 PM
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