American National Group reports Q1 2026 GAAP net loss of $7M versus $236M loss YoY

American National Group posted a Q1 2026 GAAP net loss of $7 million, a significant improvement from the $236 million loss in Q1 2025, while distributable operating earnings declined 10% year-over-year to $306 million. The company's total assets grew 6% to $130.4 billion year-to-date, though total equity decreased 6% to $9.4 billion as accumulated other comprehensive income fell 35%.