Eagle Life's Parent Company

Eagle Life Insurance Company® was built on the same solid foundation of People, Service and Future® as our parent company, American Equity Investment Life Insurance Company®, and offers the same core values and business practices that have guided American Equity for more than 20 years.

American-owned and operated in West Des Moines, Iowa, American Equity was founded by David J. Noble in 1995 after retiring for just three days. He spent almost half a century in the insurance industry and was dissatisfied with the direction most companies were headed. He noticed that insurance companies were increasingly losing touch with their customers and offering inadequate service to customers and distributors alike. He formed a company that would focus on two crucial components: great service and sound retirement products that offer income that cannot be outlived.

American Equity at a Glance:

  • $57.64 Billion in Assets 1^Liabilities as of 12/31/2020 are $53.91 Billion 
  • A- (Excellent) Rating from A.M. Best 2^A.M. Best has assigned American Equity an “A-” (Excellent) rating, reflecting their current opinion of American Equity’s financial strength and its ability to meet its ongoing contractual obligations relative to the norms of the life/health insurance industry. A.M. Best utilizes 15 rating categories ranging from A++ to F. An “A-” rating from A.M. Best is its fourth highest rating. For the latest rating, access www.ambest.com. Rating effective 8/2/2006, affirmed 7/29/21. 
  • A- Rating from Standard and Poor’s 3^Standard and Poor’s rating service has recognized American Equity Investment Life Insurance Company with an “A-“ rating.  An insurer rated “A” has strong financial security characteristics, but is somewhat more likely to be affected by adverse effects of changing circumstances or economic conditions than are insurers with higher ratings.  Ratings from ‘AA’ to ‘CCC’ may be modified by the addition of a plus (+) or minus (-) sign to show relative standing within the major rating categories.  Rating effective 8/5/15, affirmed 03/26/2020.
  • A- Rating from Fitch Ratings 4^Fitch Ratings assigned American Equity Investment Life Insurance Company an Insurer Financial Strength rating of “A-” (Outlook Stable). Fitch Ratings utilizes 19 rating categories ranging from “AAA” to “C.” An “A-” rating is the seventh highest rating. An insurer with an “A” rating is considered to have a strong capacity for payment of financial commitments, but may be more vulnerable to adverse business or economic conditions than insurers with higher ratings. Outlooks indicate the direction a rating is likely to move over a one- to two-year period if current financial or other trends continue. For more information, please visit www.fitchratings.com. Rating effecting 04/14/2021.
  • #3 Producer of Fixed Index Annuities 5^Source: https://www.winkintel.com/2019/05/overall_indexedannuitysales2018/  
  • 26,000 Active Agents
  • 500,000 Contract Owners
  • 650+ Employees
  • American-Owned and Operated
  • Committed to giving back, including financial support and volunteer hours for a host of organizations 

 

Sources