Monday, 5 November 2012

18. American Equity Investment Life

American Equity Investment Life
American Equity Investment Life
3-year average:
Revenue Growth: 42%
Profit Growth: 87%
Total Return: 27%
Moving up an impressive 58 spots from where it first entered the Fastest-Growing list last year, this underwriter of annuities has posted record sales every year for the past three years. Last year’s sales exceeded $5 billion, while net income doubled to $86.2 million. And the key to American Equity's success? A growing demand for guaranteed retirement income products. The company offers a mix of pension plans that protect the principal sum invested and enjoy tax deferred growth. -- N.S.
Get stock quote: AEL Revenue ($ millions): $1,287
Net Income ($ millions): $65
Sectors: Financial Services

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