American Equity CEO on 20 years as an NYSE-listed company, its future plans and AEL’s 2.0 strategy
Anant Bhalla, President + CEO of American Equity, sits down with Judy Khan Shaw on #NYSEFloorTalk to discuss American ...
President, Chief Executive Officer & Director, American
Search every verified Anant Bhalla interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Anant Bhalla, President and CEO of American Equity, has described the company's evolution from an insurance provider to a combined insurance company and asset manager, a shift he referred to as the "AEL 2.0 strategy." He stated that the strategy involves "reimagining how to provide Financial dignity" by originating assets and providing credit to Main Street businesses, consumers, and infrastructure projects. Bhalla noted that the company makes "a 15-20 year promise and back that with assets that can be liquidated." Bhalla has highlighted a pending transaction with Brookfield Reinsurance, calling it "historic" and stating that it will make American Equity "the market leader in providing people a paycheck for Life backed by real assets." He said the company will go private in partnership with Brookfield and expects to become "a over a hundred billion dollar company in terms of assets under management." Bhalla expressed his intention to continue building in the industry as insurance and asset management converge. In earlier remarks, he emphasized the company's focus on "protected accumulation of wealth and a paycheck for life" and identified five qualities—resolve, resilience, return, re-imagination, and reform—as necessary for success in a post-COVID environment.
“The company is a Pioneer in providing Financial dignity solutions to Everyday Americans. The way we've changed is we've changed from being an insurance company to being a combined insurance company and an asset manager; we back real promises with real Assets.”
“The transaction with Brookfield is historic; we have become the market leader in providing people a paycheck for Life backed by real assets. Brookfield is a dominant player in real asset management and as we do that the company will go private.”
“In partnership with one of the largest asset managers in the world, we look forward to becoming a over a hundred billion dollar company in terms of assets under management.”
“A 2.0 was about reimagining how to provide Financial dignity and we do it by spending shoulder to shoulder in originating assets. We provide credit to Main Street businesses, consumers and we finance infrastructure. We make a 15-20 year promise and back that with assets that can be liquidated.”
“We have become an asset manager and an insurance company like a lot of private equity financial services.”
“I'm looking forward to closing the transaction with Brookfield in 2024 and then I'm a builder. I'm looking to build more in this industry as insurance and asset management comes together and we take care of real promises.”
“The purpose of the company is really around in these uncertain times how we allow people to have protected accumulation of wealth and a paycheck for life that is backed by promise being an insurance company to make a promise no even large bank or asset manager can make a promise but we make promises for those two thing...”
“We invest with a long time horizon so here we are in the world of COVID-19, things have changed. We can make investments that no other institution can make given the promises we make for a long time, so we invest with a long time horizon.”
“We are a B to B to C company. We serve policyholders but through an intermediary, either a producer or an advisor, because those promises that we make are complicated and need to be explained by someone who's a specialist.”
“We're going to find ourselves dealing with five qualities to be successful in the next new normal as we define it: we need resolve, we need resilience, we need a return to some level of normalcy so that there's peace of mind to get back to work and engage, it'll require re-imagination, how to do things, and reform—the...”
“Specifically when we talk about embracing digital to have a conversation about a customer's life journey, where they are and where is this need for protected accumulation of wealth and many paycheck for life coming to, that is a part of where we'll have to reimagine things.”
“We have fifty-three billion dollars of assets on our balance sheet—that means that's fifty-three billion dollars invested so that other businesses can grow or people can have a mortgage, whether it's a restaurant or it's a residence; it's investing in renewable energy over time or transportation over time. So it's abou...”
Anant Bhalla, President + CEO of American Equity, sits down with Judy Khan Shaw on #NYSEFloorTalk to discuss American ...
In this conversation, Katherine Harrington - President & CEO of the West Des Moines Chamber of Commerce visits with Anant ...
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