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American National Insurance Company (ANICO) is a major insurance and financial services provider headquartered in Galveston, Texas. Founded in 1905, the company offers a wide array of insurance products, including life, health, property, and casualty insurance, as well as annuities and credit insurance. Within the healthcare space, American National is primarily active through its health insurance division, providing Medicare supplement plans and other supplemental health products. In May 2022, the company was acquired by Brookfield Reinsurance for approximately $5.1 billion, transitioning from a publicly traded entity to a private subsidiary. It continues to operate as a significant player in the U.S. insurance market under the Brookfield umbrella.
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