0001039828-13-000097.txt : 20130703 0001039828-13-000097.hdr.sgml : 20130703 20130703151631 ACCESSION NUMBER: 0001039828-13-000097 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20130703 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130703 DATE AS OF CHANGE: 20130703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN EQUITY INVESTMENT LIFE HOLDING CO CENTRAL INDEX KEY: 0001039828 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 421447959 STATE OF INCORPORATION: IA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31911 FILM NUMBER: 13953091 BUSINESS ADDRESS: STREET 1: 6000 WESTOWN PARKWAY CITY: WEST DEMOINES STATE: IA ZIP: 50266 BUSINESS PHONE: 5152210002 MAIL ADDRESS: STREET 1: 6000 WESTOWN PARKWAY CITY: WEST DES MOINES STATE: IA ZIP: 50266 8-K 1 a2013-07x03ael8xk.htm 8-K 2013-07-03 AEL 8-K



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 3, 2013
AMERICAN EQUITY
INVESTMENT LIFE HOLDING COMPANY
(Exact Name of Registrant as Specified in its Charter)

Iowa
001-31911
42-1447959
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(IRS Employer
Indentification No.)
6000 Westown Parkway, West Des Moines, Iowa
50266
(Address of Principal Executive Offices)
(Zip Code)
(515) 221-0002
(Registrant's telephone number, including area code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))









Item 2.02 Results of Operations and Financial Condition
On July 3, 2013, the registrant issued a press release announcing that its financial results for the second quarter of 2013 would include a pretax charge of up to $8.5 million ($5.5 million after applicable income taxes) to cover assessments from state guaranty fund associations related to the insolvency of Executive Life Insurance Company of New York (ELNY). The amount represents assessments already received and estimates of assessments expected to be received in the coming months. A copy of this press release is attached as Exhibit 99.1 and is incorporated herein by reference.
The information, including exhibits attached hereto, furnished under this Item 2.02 shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as otherwise expressly stated in such filing.
Item 9.01 Financial Statements and Exhibits
(d)    Exhibits
The following exhibits are being furnished with this Form 8-K.
Exhibit
Number
 
Description
99.1
 
Press release dated July 3, 2013, announcing American Equity Investment Life Holding Company's second quarter of 2013 pretax charge for assessments from state guaranty fund associations.







SIGNATURES
 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: July 3, 2013
 
 
AMERICAN EQUITY
 
 
INVESTMENT LIFE HOLDING COMPANY
 
 
 
 
 
 
 
 
 
 
By:
/s/ John M. Matovina
 
 
Name:
John M. Matovina
 
 
Title:
Chief Financial Officer and Treasurer
 



EXHIBIT INDEX
 
Exhibit
Number
 
Description
99.1
 
Press release dated July 3, 2013, announcing American Equity Investment Life Holding Company's second quarter of 2013 pretax charge for assessments from state guaranty fund associations.



EX-99.1 2 a2013-07x03ael8kexhibit991.htm PRESS RELEASE 2013-07-03 AEL 8K Exhibit 99.1


Exhibit 99.1
NEWS RELEASE
 
For more information, contact:
 
 
 
John M. Matovina, Chief Executive Officer
 
(515) 457-1813, jmatovina@american-equity.com
 
 
 
Ted M. Johnson, Chief Financial Officer
 
(515) 457-1980, tjohnson@american-equity.com
 
 
 
FOR IMMEDIATE RELEASE
 
Debra J. Richardson, Chief Administrative Officer
July 3, 2013
 
(515) 273-3551, drichardson@american-equity.com
 
 
 
 
 
Julie L. LaFollette, Director of Investor Relations
 
 
(515) 273-3602, jlafollette@american-equity.com
American Equity Announces Second Quarter 2013 Charge and Schedules Earnings Release, Conference Call and Webcast
WEST DES MOINES, IA -- July 3, 2013 -- American Equity Investment Life Holding Company (NYSE:AEL), a leading underwriter of index and fixed rate annuities, announced today that its financial results for the second quarter of 2013 would include a pretax charge of up to $8.5 million ($5.5 million after applicable income taxes) to cover assessments from state guaranty fund associations related to the insolvency of Executive Life Insurance Company of New York (ELNY). ELNY was placed into rehabilitation by the New York Insurance Department in 1991. The amount represents assessments already received and estimates of assessments expected to be received in the coming months. The estimates of assessments expected to be received are based upon information currently available and are subject to ongoing evaluation. Our life insurance subsidiaries are required under the solvency or guaranty laws of most states in which they do business to pay assessments up to certain prescribed limits to fund policyholder losses or liabilities of insolvent insurance companies such as ELNY.
EARNINGS RELEASE, CONFERENCE CALL AND WEBCAST
AEL will announce its second quarter 2013 earnings after the close of the market on Wednesday, July 31, 2013. The second quarter earnings release and financial supplement will be posted on the American Equity website (www.american-equity.com) at that time. AEL will hold a conference call to discuss second quarter 2013 earnings on Thursday, August 1, 2013, at 10:00 am CDT. The conference call will be webcast live on the internet. Investors and interested parties who wish to listen to the call on the internet may do so at www.american-equity.com.






The call may also be accessed by telephone at 866-515-2915, passcode 44827480 (international callers, please dial 617-399-5129). An audio replay will be available shortly after the call on AEL's website. An audio replay will also be available via telephone through August 22, 2013, by calling 888-286-8010, passcode 66406844 (international callers will need to dial 617-801-6888).
ABOUT AMERICAN EQUITY
American Equity Investment Life Holding Company, through its wholly-owned operating subsidiaries, is a full service underwriter of fixed annuity and life insurance products, with a primary emphasis on the sale of index and fixed rate annuities. American Equity Investment Life Holding Company, a New York Stock Exchange Listed company (NYSE: AEL), is headquartered in West Des Moines, Iowa. For more information, please visit www.american-equity.com.



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