Form 8-K AMERICAN NATIONAL INSURA For: Jul 28

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

---

FORM 8-K

---

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 28, 2015 

---

American National Insurance Company
(Exact name of registrant as specified in its charter)

Texas	001-34280	74-0484030
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

One Moody Plaza Galveston, Texas	77550-7999
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code:   (409) 763-4661

n/a
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

	[   ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
	[   ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
	[   ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
	[   ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

---

Item 2.02. Results of Operations and Financial Condition.

On July 28, 2015 the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

    Exhibit 99.1.       Press release dated July 28, 2015

---

SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		American National Insurance Company (Registrant)
July 28, 2015 (Date)		/s/   JOHN J. DUNN, JR. John J. Dunn, Jr. Executive Vice President & Corporate CFO

---

	Exhibit Index
	99.1	Press release dated July 28, 2015

EXHIBIT 99.1

American National Announces Second Quarter 2015 Results

GALVESTON, Texas, July 28, 2015 (GLOBE NEWSWIRE) -- American National Insurance Company (Nasdaq: ANAT) announced second quarter 2015 net income of $35,053,000 or $1.30 per diluted share compared to net income of $57,174,000 or $2.11 per diluted share for the same period in 2014.

Second quarter after-tax operating income of $25,717,000 or $0.95 per diluted share decreased from $43,301,000 or $1.60 per diluted share for the same period in 2014. The lower operating earnings were primarily due to a decrease in net investment income and greater life policyholder benefits and property and casualty claims. After-tax operating income excludes realized investment earnings (losses), which is comprised of realized investment gains, equity in earnings of unconsolidated affiliates and income from non-controlling interests. Realized investment earnings for the second quarter of 2015 were $9,336,000 or $0.35 per diluted share compared to $13,873,000 or $0.51 per diluted share for the same period in 2014.

Net income for the six months ended June 30, 2015 was $138,035,000 or $5.12 per diluted share compared to net income of $109,428,000 or $4.06 per diluted share for the same period in 2014.

After-tax operating income for the six months ended June 30, 2015 was $65,660,000 or $2.43 per diluted share, compared to $78,305,000 or $2.91 for the same period in 2014. Realized investment earnings for the six months ended June 30, 2015 totaled $72,375,000 or $2.69 per diluted share, an increase from $31,123,000 or $1.15 for the same period in 2014. The increase in realized investment earnings was primarily due to the sale of certain real estate holdings in unconsolidated joint ventures during the first quarter of 2015.

Total revenues of $717.5 million for the second quarter of 2015 were $37.3 million less or a 4.9% decrease over the second quarter in 2014, primarily due to a decrease in net investment income and annuity sales. At June 30, 2015, Stockholders' Equity totaled $4.5 billion, a 1.3% increase from December 31, 2014. Book value per diluted share increased to $166.44 at June 30, 2015 from $164.48 at December 31, 2014.

American National Insurance Company
COMPARATIVE OPERATIONAL HIGHLIGHTS
Compiled on a GAAP basis (Preliminary & Unaudited)*
	Quarters Ended		Six Months Ended
	June 30,		June 30,
		As adjusted**		As adjusted**
	2015	2014	2015	2014
Revenues	$ 717,506,000	$ 754,786,000	$ 1,474,073,000	$ 1,527,222,000
After-tax earnings:
Operating income ***	$ 25,717,000	$ 43,301,000	$ 65,660,000	$ 78,305,000
Realized investment earnings ***	9,336,000	13,873,000	72,375,000	31,123,000
Net income	$ 35,053,000	$ 57,174,000	$ 138,035,000	$ 109,428,000
Per share earnings:
Operating income – Diluted ***	$ 0.95	$ 1.60	$ 2.43	$ 2.91
Realized investment earnings
– Diluted ***	0.35	0.51	2.69	1.15
Net income – Diluted	$ 1.30	$ 2.11	$ 5.12	$ 4.06
Weighted average number of shares upon which computations are based:
Diluted	26,952,107	26,926,351	26,941,477	26,924,629
Basic	26,877,833	26,802,896	26,847,936	26,799,648
		As of
			As adjusted**
		June 30, 2015	December 31, 2014
Book value per diluted share		$ 166.44	$ 164.48
* Results are preliminary and unaudited. American National expects to timely file its Form 10-Q in August.
** 2014 amounts have been adjusted for the adoption of ASU 2014-01.
*** Operating income excludes realized investment earnings, which is comprised of realized investment gains, equity in earnings of unconsolidated affiliates, and income from non-controlling interests, after-tax. Net income is the sum of operating income and realized investment earnings.

American National Insurance Company, headquartered in Galveston, Texas, was founded in 1905 and is licensed to conduct the business of insurance in all states except New York. American National has been assigned an 'A' rating by A.M. Best Company and an 'A' rating by Standard & Poor's, both of which are nationally recognized rating agencies.

American National is also a family of companies that has, on a consolidated GAAP basis, $23.3 billion in assets, $18.8 billion in liabilities and $4.5 billion in stockholders' equity. 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 targeted commercial exposures. The American National companies operate in all 50 states. Major insurance subsidiaries include American National Life Insurance Company of Texas, American National Life Insurance Company of New York, American National Property and Casualty Company, Garden State Life Insurance Company, Standard Life and Accident Insurance Company, Farm Family Life Insurance Company, Farm Family Casualty Insurance Company and United Farm Family Insurance Company.

For more information, including company news and investor relations information, visit the company's web site at www.anico.com.

CONTACT: John J. Dunn, Jr. (409) 766-6063

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Ben Lang on Notion, Building a Community, and the Art of Angel Investing
• The RightBRIDGE System is Ready for the DOL Retirement Security Rule
• Festi hf.: Presentation of Q1 2024 results