GALVESTON, Texas, July 28, 2011 (GLOBE NEWSWIRE) -- American National Insurance Company's (Nasdaq:ANAT) board of directors declared a quarterly dividend of 77 cents per share on its common stock, CUSIP #028591-105, payable September 16, 2011 to shareholders of record as of the close of business on September 2, 2011. American National Insurance Company has paid dividends to stockholders for over 100 consecutive years.
The American National family of companies has, on a consolidated GAAP basis, $22.4 billion in assets, $18.7 billion in liabilities and $3.7 billion in stockholders' equity. The American National family of companies offers 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 targeted commercial exposures. The American National family of companies operates in all 50 states, and its major insurance subsidiaries include American National Property and Casualty Company, Farm Family Life Insurance Company, Farm Family Casualty Insurance Company, Standard Life and Accident Insurance Company, Garden State Life Insurance Company, American National Life Insurance Company of Texas, American National Life Insurance Company of New York, and United Farm Family Insurance Company.
American National Insurance Company is headquartered in Galveston, Texas and was founded in 1905 and is licensed to conduct the business of insurance in all states except New York. American National Insurance Company has been evaluated and assigned the following ratings by nationally recognized rating agencies: A (Excellent) by A.M. Best Company, third highest of 13 active company ratings noted as "An excellent ability to meet their ongoing insurance obligations" and A+ (Strong) by Standard & Poor's, fifth highest of 20 active company ratings noted as "Strong capacity to meet financial commitments but somewhat subject to adverse economic conditions."
For more information, including company news and investor relations information, visit the company's web site at www.anico.com.
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CONTACT: John J. Dunn, Jr. (409) 766-6063