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Statutory Financial Information and Dividend Restrictions (Tables)

6 Months Ended

Jun. 30, 2024

Insurance [Abstract]

Statutory Accounting Practices Disclosure

The statutory capital and surplus and net income (loss) of our primary life and property and casualty insurance entities in accordance with statutory accounting practices are shown below (in millions):

			June 30, 2024						December 31, 2023
			(Dollars in millions)
Statutory capital and surplus:
American Equity Investment Life Insurance Company			$	3,300
ANG Life insurance entities			2,777						$	2,776
ANG Property and casualty insurance entities			1,693						1,702

			Three Months Ended June 30,												Six Months Ended June 30,
			2024						2023						2024						2023
			(Dollars in millions)
Statutory net income (loss):
American Equity Investment Life Insurance Company			$	185
ANG Life insurance entities			52						$	(124)					$	(13)					$	(108)
ANG Property and casualty insurance entities			(38)						(47)						7						(48)

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- References

No definition available.

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- Definition

Tabular disclosure of how the entity's reporting under GAAP as of the balance sheet date differs from the results based on prescribed and permitted accounting practices of the state or country of domicile in which a relevant statutory filing is made, or differences in results based on the National Association of Insurance Commissioners (NAIC) prescribed practices, or a combination thereof. Describes the accounting practices used and the related monetary effect on statutory surplus, net income, and risk-based capital. If an insurance enterprise's risk-based capital would have triggered a regulatory event had it not used a permitted practice, that fact is disclosed in the financial statements. Permitted statutory accounting practices include practices not prescribed but allowed by the domiciliary state insurance department regulatory authority.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 944
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(23)(c))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 944
-SubTopic 505
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477908/944-505-50-1

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-Name Accounting Standards Codification
-Topic 944
-SubTopic 505
-Section 50
-Paragraph 6
-Publisher FASB
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 944
-SubTopic 505
-Section 55
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478420/944-505-55-2

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 944
-SubTopic 505
-Section 55
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-Name Accounting Standards Codification
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-SubTopic 505
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477908/944-505-50-3

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