10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

x Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the quarterly period ended March 31, 2013

or

¨ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Commission File No. 001- 34280

American National Insurance Company

(Exact name of registrant as specified in its charter)

Texas	74-0484030
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
One Moody Plaza Galveston, Texas	77550-7999
(Address of principal executive offices)	(Zip Code)

(409) 763-4661

(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    x  Yes    ¨  No

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§229.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    x  Yes    ¨  No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See definitions of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act:

Large accelerated filer	¨	Accelerated filer	x
Non-accelerated filer	¨	Smaller reporting company	¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    ¨  Yes    x  No

As of May 1, 2013, there were 26,893,412 shares of the registrant’s voting common stock, $1.00 par value per share, outstanding.

AMERICAN NATIONAL INSURANCE COMPANY

TABLE OF CONTENTS

	PART I – FINANCIAL INFORMATION
ITEM 1.	FINANCIAL STATEMENTS (Unaudited):
	Consolidated Statements of Financial Position as of March 31, 2013 and December 31, 2012	3
	Consolidated Statements of Operations for the three months ended March 31, 2013 and 2012	4
	Consolidated Statements of Comprehensive Income (Loss) for the three months ended March 31, 2013 and 2012	5
	Consolidated Statements of Changes in Stockholders’ Equity for the three months ended March 31, 2013 and 2012	5
	Consolidated Statements of Cash Flows for the three months ended March 31, 2013 and 2012	6
	Notes to the Unaudited Consolidated Financial Statements	7
ITEM 2.	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS	28
ITEM 3.	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK	46
ITEM 4.	CONTROLS AND PROCEDURES	46
	PART II – OTHER INFORMATION
ITEM 1.	LEGAL PROCEEDINGS	47
ITEM 1A.	RISK FACTORS	47
ITEM 2.	UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS	47
ITEM 3.	DEFAULTS UPON SENIOR SECURITIES	47
ITEM 4.	MINE SAFETY DISCLOSURES	47
ITEM 5.	OTHER INFORMATION	47
ITEM 6.	EXHIBIT INDEX	48

2

PART I – FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

AMERICAN NATIONAL INSURANCE COMPANY

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

(Unaudited and in thousands, except for share and per share data)

	March 31, 2013			December 31, 2012
ASSETS
Fixed maturity, bonds held-to-maturity, at amortized cost
(Fair Value $9,860,707 and $9,840,751)	$	9,061,438		$	9,009,282
Fixed maturity, bonds available-for-sale, at fair value
(Amortized cost $4,418,001 and $4,316,467)		4,769,136			4,665,576
Equity securities, at fair value
(Cost $720,022 and $688,579)		1,208,788			1,075,439
Mortgage loans on real estate, net of allowance		3,170,510			3,143,011
Policy loans		393,710			395,333
Investment real estate, net of accumulated depreciation of $224,999 and $223,462		513,400			511,233
Short-term investments		233,101			313,086
Other invested assets		147,203			125,104
Total investments		19,497,286			19,238,064
Cash and cash equivalents		113,179			303,008
Investments in unconsolidated affiliates		264,550			248,425
Accrued investment income		208,733			207,314
Reinsurance recoverables		407,297			418,743
Prepaid reinsurance premiums		53,092			56,826
Premiums due and other receivables		287,050			283,446
Deferred policy acquisition costs		1,234,235			1,247,675
Property and equipment, net		90,349			92,695
Current tax receivable		5,248			14,578
Other assets		151,170			154,911
Separate account assets		888,388			841,389
Total assets	$	23,200,577		$	23,107,074
LIABILITIES
Future policy benefits
Life	$	2,639,925		$	2,650,822
Annuity		827,777			811,192
Accident and health		68,112			69,962
Policyholders’ account balances		11,453,825			11,555,201
Policy and contract claims		1,362,469			1,340,366
Unearned premium reserve		752,479			757,532
Other policyholder funds		296,337			288,391
Liability for retirement benefits		268,110			265,317
Current portion of long-term notes payable		52,627			50,884
Long-term notes payable		112,500			112,500
Deferred tax liabilities, net		135,427			92,150
Other liabilities		395,329			432,041
Separate account liabilities		888,388			841,389
Total liabilities		19,253,305			19,267,747
STOCKHOLDERS’ EQUITY
Common stock, $1.00 par value,—Authorized 50,000,000
Issued 30,832,449 and 30,832,449,
Outstanding 26,893,412 and 26,836,664 shares		30,832			30,832
Additional paid-in capital		2,702			—
Accumulated other comprehensive income		307,754			242,010
Retained earnings		3,692,541			3,653,280
Treasury stock, at cost		(97,465	)		(98,286	)
Total American National Insurance Company stockholders’ equity		3,936,364			3,827,836
Noncontrolling interest		10,908			11,491
Total stockholders’ equity		3,947,272			3,839,327
Total liabilities and stockholders’ equity	$	23,200,577		$	23,107,074

See accompanying notes to the unaudited consolidated financial statements.

3

AMERICAN NATIONAL INSURANCE COMPANY

CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited and in thousands, except for share and per share data)

	Three months ended March 31,
	2013			2012
PREMIUMS AND OTHER REVENUE
Premiums
Life	$	68,655		$	66,451
Annuity		32,696			28,412
Accident and health		52,729			57,054
Property and casualty		265,689			273,169
Other policy revenues		49,998			48,047
Net investment income		251,366			255,696
Realized investment gains (losses)		18,538			9,808
Other-than-temporary impairments		(1,587	)		(2,837	)
Other income		6,961			6,875
Total premiums and other revenues		745,045			742,675
BENEFITS, LOSSES AND EXPENSES
Policyholder benefits
Life		81,502			83,823
Annuity		40,695			39,245
Claims incurred
Accident and health		38,968			44,675
Property and casualty		189,594			187,552
Interest credited to policyholders’ account balances		111,106			124,864
Commissions for acquiring and servicing policies		85,123			95,514
Other operating expenses		124,575			101,993
Change in deferred policy acquisition costs		11,334			1,638
Total benefits, losses and expenses		682,897			679,304
Income (loss) before federal income tax and equity in earnings/losses of unconsolidated affiliates		62,148			63,371
Less: Provision (benefit) for federal income taxes
Current		4,964			7,287
Deferred		6,353			9,696
Total provision (benefit) for federal income taxes		11,317			16,983
Equity in earnings (losses) of unconsolidated affiliates, net of tax		8,577			(1,881	)
Net income (loss)		59,408			44,507
Less: Net income (loss) attributable to noncontrolling interest, net of tax		(563	)		(709	)
Net income (loss) attributable to American National Insurance Company	$	59,971		$	45,216
Amounts available to American National Insurance Company common stockholders
Earnings per share
Basic	$	2.24		$	1.70
Diluted		2.23			1.69
Weighted average common shares outstanding		26,763,896			26,565,164
Weighted average common shares outstanding and dilutive potential common shares		26,887,151			26,758,955

See accompanying notes to the unaudited consolidated financial statements.

4

AMERICAN NATIONAL INSURANCE COMPANY

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(Unaudited and in thousands)

	Three months ended March 31,
	2013			2012
Net income (loss)	$	59,408		$	44,507
Other comprehensive income (loss), net of tax
Change in net unrealized gain (loss) on securities		62,719			76,531
Foreign currency transaction and translation adjustments		149			152
Defined benefit plan adjustment		2,876			2,668
Other comprehensive income (loss)		65,744			79,351
Total comprehensive income (loss)		125,152			123,858
Less: Comprehensive income (loss) attributable to noncontrolling interest		(563	)		(709	)
Total comprehensive income (loss) attributable to American National Insurance Company	$	125,715		$	124,567

AMERICAN NATIONAL INSURANCE COMPANY

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY

(Unaudited and in thousands, except for per share data)

	Three months ended March 31,
	2013			2012
Common Stock
Balance at beginning and end of the period	$	30,832		$	30,832
Additional Paid-In Capital
Balance as of January 1,		—			—
Reissuance of treasury shares		2,920			(203	)
Income tax effect from restricted stock arrangement		79			(534	)
Amortization of restricted stock		(297	)		2,163
Balance at end of period		2,702			1,426
Accumulated Other Comprehensive Income (Loss)
Balance as of January 1,		242,010			159,403
Other comprehensive income (loss)		65,744			79,351
Balance at end of the period		307,754			238,754
Retained Earnings
Balance as of January 1,		3,653,280			3,545,546
Net income (loss) attributable to American National Insurance Company		59,971			45,216
Cash dividends to common stockholders ($0.77 per share)		(20,710	)		(20,667	)
Balance at end of the period		3,692,541			3,570,095
Treasury Stock
Balance as of January 1,		(98,286	)		(98,490	)
Reissuance of treasury shares		821			203
Balance at end of the period		(97,465	)		(98,287	)
Noncontrolling Interest
Balance as of January 1,		11,491			12,947
Contributions		1			45
Distributions		(21	)		(7	)
Gain (loss) attributable to noncontrolling interest		(563	)		(709	)
Balance at end of the period		10,908			12,276
Total Stockholders’ Equity	$	3,947,272		$	3,755,096

See accompanying notes to the unaudited consolidated financial statements.

5

AMERICAN NATIONAL INSURANCE COMPANY

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited and in thousands)

	Three months ended March 31,
	2013			2012
OPERATING ACTIVITIES
Net income (loss)	$	59,408		$	44,507
Adjustments to reconcile net income (loss) to net cash provided by operating activities
Realized investment (gains) losses		(18,538	)		(9,808	)
Other-than-temporary impairments		1,587			2,837
Accretion (amortization) of discounts, premiums and loan origination fees		389			1,890
Net capitalized interest on policy loans and mortgage loans		(7,633	)		(7,358	)
Depreciation		8,452			8,854
Interest credited to policyholders' account balances		111,106			124,864
Charges to policyholders’ account balances		(49,998	)		(48,047	)
Deferred federal income tax (benefit) expense		6,353			9,696
Deferral of policy acquisition costs		(91,539	)		(98,346	)
Amortization of deferred policy acquisition costs		102,873			99,984
Equity in (earnings) losses of unconsolidated affiliates		(8,577	)		1,881
Distributions from equity method investments		9,760			2,087
Changes in:
Policyholder liabilities		23,743			8,686
Reinsurance recoverables		11,446			24,836
Premiums due and other receivables		(3,604	)		(8,907	)
Accrued investment income		(1,419	)		(3,078	)
Current tax receivable/payable		9,330			12,383
Liability for retirement benefits		2,793			372
Prepaid reinsurance premiums		3,734			1,437
Other, net		(52,038	)		(52,670	)
Net cash provided by (used in) operating activities		117,628			116,100
INVESTING ACTIVITIES
Proceeds from sale/maturity/prepayment of
Bonds—held-to-maturity		448,034			402,772
Bonds—available for sale		211,884			114,739
Equity securities		31,099			20,548
Investment real estate		8,597			—
Mortgage loans		111,110			43,174
Policy loans		16,718			16,788
Other invested assets		12,263			10,817
Disposals of property and equipment		1,613			—
Distributions from unconsolidated affiliates		11,664			4,328
Payment for the purchase/origination of
Bonds—held-to-maturity		(505,265	)		(469,511	)
Bonds—available for sale		(307,986	)		(185,775	)
Equity securities		(55,442	)		—
Investment real estate		(10,426	)		(7,188	)
Mortgage loans		(136,576	)		(96,355	)
Policy loans		(5,967	)		(10,336	)
Other invested assets		(11,709	)		(10,524	)
Additions to property and equipment		(2,838	)		(5,876	)
Contributions to unconsolidated affiliates		(23,653	)		(12,334	)
Change in short-term investments		79,985			117,117
Other, net		903			137
Net cash provided by (used in) investing activities		(125,992	)		(67,479	)
FINANCING ACTIVITIES
Policyholders’ account deposits		219,078			290,831
Policyholders’ account withdrawals		(381,556	)		(319,047	)
Change in notes payable		1,743			(1,023	)
Dividends to stockholders		(20,710	)		(20,667	)
Proceeds from (payments to) noncontrolling interest		(20	)		38
Net cash provided by (used in) financing activities		(181,465	)		(49,868	)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(189,829	)		(1,247	)
Beginning of the year		303,008			102,114
End of year	$	113,179		$	100,867

See accompanying notes to the unaudited consolidated financial statements.

6

NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

1. NATURE OF OPERATIONS

American National Insurance Company and its consolidated subsidiaries (collectively “American National”) offer a broad spectrum of insurance products, including individual and group life insurance, health insurance, annuities, and property and casualty insurance. Through non-insurance subsidiaries, American National invests in stocks and real estate. Business is conducted in all 50 states, the District of Columbia, Puerto Rico, Guam and American Samoa. The majority of revenues are generated by the insurance business. Various distribution systems are utilized, including multiple-line exclusive agents, independent agents, third-party marketing organizations, career agents, and direct sales to the public.

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND PRACTICES

The consolidated financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) and are reported in U.S. currency. American National consolidates all entities that are wholly-owned and those in which American National owns less than 100% but controls, as well as any variable interest entities in which American National is the primary beneficiary. All material intercompany transactions with consolidated entities have been eliminated. Investments in unconsolidated affiliates are accounted for using the equity method of accounting. Certain amounts in prior years have been reclassified to conform to current year presentation.

The interim consolidated financial statements and notes herein are unaudited and reflect all adjustments which management considers necessary for the fair presentation of the consolidated statements of financial position, operations, comprehensive income (loss), changes in stockholders’ equity, and cash flows for the interim periods.

These interim consolidated financial statements and notes should be read in conjunction with the annual consolidated financial statements and notes thereto included in American National’s Annual Report on Form 10-K as of and for the year ended December 31, 2012. The consolidated results of operations for the interim periods should not be considered indicative of results to be expected for the full year.

The preparation of the consolidated financial statements in conformity with GAAP requires the use of estimates and assumptions that affect the reported consolidated financial statement balances. Actual results could differ from those estimates.

3. RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

Adoption of New Accounting Standards—The Financial Accounting Standards Board (“FASB”) issued the following accounting guidance relevant to American National including technical amendments and corrections to make the codification easier to understand and fair value measurement easier to apply. Each became effective for American National on January 1, 2013, and unless stated otherwise did not have a material effect on the consolidated financial statements.

In December 2011, the FASB issued amended guidance for derecognition of an in substance real estate subsidiary. The amendment clarifies that when a reporting entity ceases to have a controlling financial interest in a subsidiary that is in substance real estate because of a default on the subsidiary’s nonrecourse debt secured by the real estate, the reporting entity should apply the guidance for real estate sales when evaluating the subsidiary for deconsolidation.

In December 2011, the FASB issued guidance that amends the disclosures about offsetting assets and liabilities. The new guidance requires an entity to disclose both gross and net information about offsetting and related arrangements. Subsequently, in January 2013, the FASB issued amendments to clarify the scope of this guidance covering only those derivatives accounted for in accordance with the derivatives and hedging guidance of the Codification that are either offsets in accordance with the right of setoff conditions, the balance sheet netting criteria or subject to an enforceable master netting arrangement or similar agreement.

7

In February 2013, the FASB issued amended guidance on presentation of accumulated other comprehensive income (“AOCI”). The amendments require an entity to provide information about the amounts reclassified out of AOCI by component. In addition, an entity is required to present, either on the face of the statement of operations or in the notes, significant amounts reclassified out of AOCI by the respective line items of net income but only if the amount reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety to net income, an entity is required to cross-reference to other disclosures required under U.S. GAAP that provide additional detail about those amounts.

Future Adoption of New Accounting Standards—The FASB issued the following significant accounting guidance relevant to American National. Each will become effective for American National on January 1, 2014 and unless stated otherwise, is not expected to have a material effect on the consolidated financial statements.

In July 2011, the FASB issued guidance to address questions about how health insurers should recognize and classify fees mandated by the Patient Protection and Affordable Care Act in their income statements. The guidance specifies that the liability for the fee should be recorded in full once the entity provides qualifying health insurance in the applicable calendar year. The corresponding deferred cost is then amortized to expense using a straight-line method of allocation unless another method better allocates the fee over the calendar year that it is payable.

In February 2013, the FASB issued amended guidance for the recognition, measurement, and disclosure of obligations resulting from joint and several liability arrangements for which the total amount of the obligation within the scope of the guidance is fixed at the reporting date, except for obligations addressed within existing guidance under US GAAP.

4. INVESTMENTS IN SECURITIES

The cost or amortized cost and estimated fair value of investments in securities are shown below (in thousands):

	March 31, 2013
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Estimated Fair Value
Fixed maturity securities, bonds held-to-maturity
U.S. treasury and government	$	3,582	$	50	$	—		$	3,632
U.S. states and political subdivisions		381,081		40,615		(5	)		421,691
Foreign governments		29,078		4,155		—			33,233
Corporate debt securities		8,119,293		722,278		(9,096	)		8,832,475
Residential mortgage-backed securities		488,346		38,823		(971	)		526,198
Collateralized debt securities		2,378		294		—			2,672
Other debt securities		37,680		3,126		—			40,806
Total bonds held-to-maturity		9,061,438		809,341		(10,072	)		9,860,707
Fixed maturity securities, bonds available-for-sale
U.S. treasury and government		21,881		1,110		(1	)		22,990
U.S. states and political subdivisions		582,361		43,642		(766	)		625,237
Foreign governments		5,000		2,307		—			7,307
Corporate debt securities		3,683,441		297,833		(11,124	)		3,970,150
Residential mortgage-backed securities		77,301		4,464		(192	)		81,573
Commercial mortgage-backed securities		20,934		11,074		—			32,008
Collateralized debt securities		17,037		1,431		(18	)		18,450
Other debt securities		10,046		1,375		—			11,421
Total bonds available-for-sale		4,418,001		363,236		(12,101	)		4,769,136
Equity securities
Common stock		692,332		482,712		(6,553	)		1,168,491
Preferred stock		27,690		12,607		—			40,297
Total equity securities		720,022		495,319		(6,553	)		1,208,788
Total investments in securities	$	14,199,461	$	1,667,896	$	(28,726	)	$	15,838,631

8

	December 31, 2012
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Estimated Fair Value
Fixed maturity securities, bonds held-to-maturity
U.S. treasury and government	$	3,593	$	69	$	—		$	3,662
U.S. states and political subdivisions		393,541		40,161		(7	)		433,695
Foreign governments		29,071		4,367		—			33,438
Corporate debt securities		7,993,167		748,773		(6,782	)		8,735,158
Residential mortgage-backed securities		549,384		42,313		(1,195	)		590,502
Collateralized debt securities		2,500		321		—			2,821
Other debt securities		38,026		3,449		—			41,475
Total bonds held-to-maturity		9,009,282		839,453		(7,984	)		9,840,751
Fixed maturity securities, bonds available-for-sale
U.S. treasury and government		19,649		1,156		—			20,805
U.S. states and political subdivisions		570,751		44,792		(105	)		615,438
Foreign governments		5,000		2,344		—			7,344
Corporate debt securities		3,582,913		303,908		(14,188	)		3,872,633
Residential mortgage-backed securities		89,486		5,165		(266	)		94,385
Commercial mortgage-backed securities		20,933		3,509		—			24,442
Collateralized debt securities		17,676		1,448		(33	)		19,091
Other debt securities		10,059		1,379		—			11,438
Total bonds available-for-sale		4,316,467		363,701		(14,592	)		4,665,576
Equity securities
Common stock		660,889		383,634		(6,739	)		1,037,784
Preferred stock		27,690		9,995		(30	)		37,655
Total equity securities		688,579		393,629		(6,769	)		1,075,439
Total investments in securities	$	14,014,328	$	1,596,783	$	(29,345	)	$	15,581,766

Actual maturities differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Residential and commercial mortgage-backed securities, which are not due at a single maturity, have been allocated to their respective categories based on the year of final contractual maturity. The amortized cost and estimated fair value, by contractual maturity of fixed maturity securities are shown below (in thousands):

	March 31, 2013
	Bonds Held-to-Maturity				Bonds Available-for-Sale
	Amortized Cost		Estimated Fair Value		Amortized Cost		Estimated Fair Value
Due in one year or less	$	1,024,759	$	1,045,015	$	505,946	$	519,855
Due after one year through five years		2,540,829		2,808,251		1,437,138		1,569,414
Due after five years through ten years		4,891,100		5,354,001		2,064,558		2,238,286
Due after ten years		598,900		648,428		405,359		436,756
Without single maturity date		5,850		5,012		5,000		4,825
Total	$	9,061,438	$	9,860,707	$	4,418,001	$	4,769,136

9

All gains and losses for securities sold throughout the year were determined using specific identification of the securities sold. Proceeds from the sales of these securities, with the realized gains and losses, are shown below (in thousands):

	Three months ended March 31,
	2013			2012
Proceeds from sales of available-for-sale securities	$	76,857		$	32,673
Gross realized gains		10,738			11,080
Gross realized losses		(522	)		(159	)

During the three months ended March 31, 2013, bonds with a carrying value of $13,492,000 were transferred from held-to-maturity to available-for-sale after a significant deterioration in the issuer’s creditworthiness became evident. An unrealized loss of $263,000 was established at the time of the transfer. There were no transfers during the same period in 2012.

Net unrealized gains (losses) on securities

The components of the change in net unrealized gains (losses) on securities are shown below (in thousands):

	Three months ended March 31,
	2013			2012
Bonds available-for-sale	$	2,026		$	35,635
Equity securities		101,906			105,679
Net unrealized gains (losses) on securities during the year		103,932			141,314
Adjustments for:
Deferred policy acquisition costs		(2,106	)		(17,505	)
Participating policyholders’ interest		(5,091	)		(5,852	)
Deferred federal income tax benefit (expense)		(34,016	)		(41,426	)
Net unrealized gains (losses) on securities, net of tax	$	62,719		$	76,531

Gross unrealized losses on investment securities and the fair value of the related securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are shown below (in thousands):

	March 31, 2013
	Less than 12 months					12 Months or more					Total
	Unrealized (Losses)			Fair Value		Unrealized (Losses)			Fair Value		Unrealized (Losses)			Fair Value
Fixed maturity securities, bonds held-to-maturity
U.S. states and political subdivisions	$	(5	)	$	3,193	$	—		$	80	$	(5	)	$	3,273
Corporate debt securities		(6,985	)		566,983		(2,111	)		46,872		(9,096	)		613,855
Residential mortgage-backed securities		(296	)		21,744		(675	)		23,957		(971	)		45,701
Total bonds held-to-maturity		(7,286	)		591,920		(2,786	)		70,909		(10,072	)		662,829
Fixed maturity securities, bonds available-for-sale
U.S. treasury and other U.S. government corporations and agencies		(1	)		5,624		—			—		(1	)		5,624
U.S. states and political subdivisions		(766	)		47,655		—			—		(766	)		47,655
Corporate debt securities		(2,083	)		228,313		(9,041	)		70,342		(11,124	)		298,655
Residential mortgage-backed securities		(1	)		110		(191	)		7,787		(192	)		7,897
Collateralized debt securities		(3	)		286		(15	)		723		(18	)		1,009
Total bonds available-for-sale		(2,854	)		281,988		(9,247	)		78,852		(12,101	)		360,840
Equity securities
Common stock		(6,553	)		46,918		—			—		(6,553	)		46,918
Total equity securities		(6,553	)		46,918		—			—		(6,553	)		46,918
Total investments in securities	$	(16,693	)	$	920,826	$	(12,033	)	$	149,761	$	(28,726	)	$	1,070,587

10

	December 31, 2012
	Less than 12 months					12 Months or more					Total
	Unrealized (Losses)			Fair Value		Unrealized (Losses)			Fair Value		Unrealized (Losses)			Fair Value
Fixed maturity securities, bonds held-to-maturity
U.S. states and political subdivisions	$	(6	)	$	914	$	(1	)	$	80	$	(7	)	$	994
Corporate debt securities		(4,394	)		319,434		(2,388	)		39,632		(6,782	)		359,066
Residential mortgage-backed securities		(147	)		13,824		(1,048	)		24,666		(1,195	)		38,490
Total bonds held-to-maturity		(4,547	)		334,172		(3,437	)		64,378		(7,984	)		398,550
Fixed maturity securities, bonds available-for-sale
U.S. states and political subdivisions		(105	)		6,523		—			—		(105	)		6,523
Corporate debt securities		(2,077	)		242,261		(12,111	)		70,187		(14,188	)		312,448
Residential mortgage-backed securities		(34	)		1,527		(232	)		8,029		(266	)		9,556
Collateralized debt securities		(8	)		527		(25	)		911		(33	)		1,438
Total bonds available-for-sale		(2,224	)		250,838		(12,368	)		79,127		(14,592	)		329,965
Equity securities
Common stock		(6,739	)		64,003		—			—		(6,739	)		64,003
Preferred stock		(30	)		30		—			—		(30	)		30
Total equity securities		(6,769	)		64,033		—			—		(6,769	)		64,033
Total investments in securities	$	(13,540	)	$	649,043	$	(15,805	)	$	143,505	$	(29,345	)	$	792,548

As of March 31, 2013, the securities with unrealized losses were not deemed to be other-than-temporarily impaired, including those with the duration of the unrealized losses exceeding one year. American National has the ability and intent to hold those securities until a market price recovery or maturity. Further, it is not more-likely-than-not that American National will be required to sell them prior to recovery, and recovery is expected in a reasonable period of time. It is possible the investee’s financial circumstances may be different in the future, which may lead to a different impairment conclusion in future periods.

Credit Risk Management

The bond portfolio distributed by credit quality rating, using both S&P and Moody’s ratings, is shown below:

	March 31, 2013			December 31, 2012
AAA		5.1	%		5.5	%
AA		10.9			10.6
A		40.3			38.2
BBB		39.6			41.4
BB and below		4.1			4.3
Total		100.0	%		100.0	%

American National’s equity securities by market sector distribution are shown below:

	March 31, 2013			December 31, 2012
Consumer goods		20.3	%		20.3	%
Financials		18.4			18.9
Information technology		15.1			16.9
Energy and utilities		16.6			15.8
Healthcare		13.1			12.7
Industrials		8.8			9.1
Other		7.7			6.3
Total		100.0	%		100.0	%

11

5. MORTGAGE LOANS

Generally, commercial mortgage loans are secured by first liens on income-producing real estate. American National attempts to maintain a diversified portfolio by considering the property-type and property location of the underlying mortgage collateral. Mortgage loans by property-type and geographic distribution are as follows:

	March 31, 2013			December 31, 2012
Office		31.5	%		34.9	%
Industrial		25.9			24.0
Retail		18.4			17.7
Hotel and motel		13.3			13.9
Other		10.9			9.5
Total		100.0	%		100.0	%
	March 31, 2013			December 31, 2012
West South Central		23.2	%		23.2	%
South Atlantic		22.3			23.0
East North Central		18.3			18.2
Pacific		13.8			13.3
East South Central		6.9			7.1
Mountain		6.7			7.0
Other		8.8			8.2
Total		100.0	%		100.0	%

There were no loans sold or foreclosed and no significant non-cash transactions occurred during the three months ended March 31, 2013 or 2012.

Credit Quality

Commercial mortgage loan balances placed on nonaccrual status are shown below (in thousands):

	March 31, 2013		December 31, 2012
Commercial mortgages-Retail	$	13,354	$	13,354

The credit quality of the mortgage loan portfolio is assessed by evaluating the credit risk of each borrower. A loan is classified as performing or non-performing based on whether all of the contractual terms of the loan have been met.

The age analysis of past due commercial mortgage loans is shown below (in thousands):

	March 31, 2013
	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Mortgage Loans
Commercial mortgages
Office	$	—	$	6,438	$	—	$	6,438	$	996,432	$	1,002,870
Industrial		—		—		—		—		823,459		823,459
Retail		1,054		—		13,354		14,408		573,835		588,243
Other		—		—		—		—		767,662		767,662
Total	$	1,054	$	6,438	$	13,354	$	20,846	$	3,161,388		3,182,234
Allowance for loan losses												11,724
Mortgage loans on real estate, net of allowance											$	3,170,510

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	December 31, 2012
	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Mortgage Loans
Commercial mortgages
Office	$	—	$	—	$	—	$	—	$	1,100,407	$	1,100,407
Industrial		—		—		—		—		755,198		755,198
Retail		—		—		13,354		13,354		547,472		560,826
Other		—		—		—		—		738,592		738,592
Total	$	—	$	—	$	13,354	$	13,354	$	3,141,669		3,155,023
Allowance for loan losses												12,012
Mortgage loans on real estate, net of allowance											$	3,143,011

Total mortgage loans are net of unamortized discounts of $3,872,000 and $4,346,000 and unamortized origination fees of $13,568,000 and $14,076,000 at March 31, 2013 and December 31, 2012, respectively. No unearned income is included in these amounts.

Allowance for Credit Losses

Loans not evaluated individually for collectibility are segregated by collateral property-type and location and allowance factors are applied. These factors are developed annually, and reviewed quarterly based on our historical loss experience adjusted for the expected trend in the rate of foreclosure losses. Allowance factors are higher for loans of certain property types and in certain regions based on loss experience or a blended historical loss factor.

The allowance for credit losses and unpaid principal balance in commercial mortgage loans are shown below (in thousands):

	Collectively Evaluated for Impairment			Individually Evaluated for Impairment		Total
Allowance for credit losses
December 31, 2012	$	11,519		$	493	$	12,012
Change in allowance		(288	)		—		(288	)
March 31, 2013	$	11,231		$	493	$	11,724
Recorded Investment
March 31, 2013	$	3,090,343		$	109,331	$	3,199,674
December 31, 2012	$	3,063,908		$	109,537	$	3,173,445

Loans individually evaluated for impairment with and without an allowance are shown below (in thousands):

	Three months ended March 31, 2013
	Recorded Investment		Unpaid Principal Balance		Average Recorded Investment		Interest Income Recognized
With an allowance recorded
Retail (related allowance of $493)	$	493	$	493	$	—	$	—
Without an allowance recorded
Office	$	36,433	$	36,433	$	36,489	$	613
Retail		17,180		17,180		17,180		283
Other		55,225		55,225		55,272		924
Total without an allowance recorded	$	108,838	$	108,838	$	108,941	$	1,820

13

	Year ended December 31, 2012
	Recorded Investment		Unpaid Principal Balance		Average Recorded Investment		Interest Income Recognized
With an allowance recorded
Retail (related allowance of $493)	$	493	$	493	$	—	$	—
Without an allowance recorded
Office	$	36,544	$	36,544	$	36,710	$	2,452
Retail		17,180		17,180		17,329		1,129
Other		55,320		55,320		55,551		3,758
Total without an allowance recorded	$	109,044	$	109,044	$	109,590	$	7,339

Troubled Debt Restructurings

A small portion of the mortgage loan portfolio for which American National has granted concessions related to the borrowers’ ability to pay the loans is classified as troubled debt restructurings. Concessions are generally one of, or a combination of, a delay in payment of principal or interest, a reduction of the contractual interest rate or an extension of the maturity date. American National considers the amount, timing and extent of concessions in determining any impairment or changes in the specific allowance for loan losses recorded in connection with a troubled debt restructuring. The carrying value after specific allowance, before and after modification in a troubled debt restructuring, may not change significantly, or may increase if the expected recovery is higher than the pre-modification recovery assessment. There were no mortgage loans that have been modified in troubled debt restructurings during the three months ended March 31, 2013 and 2012.

6. INVESTMENT REAL ESTATE

Investment real estate by property-type and geographic distribution are as follows:

	March 31, 2013			December 31, 2012
Shopping centers		41.1	%		41.0	%
Office buildings		22.0			21.9
Industrial		17.4			18.1
Other		19.5			19.0
Total		100.0	%		100.0	%
	March 31, 2013			December 31, 2012
West South Central		60.3	%		60.8	%
South Atlantic		11.2			11.2
East North Central		10.7			10.3
Mountain		6.0			6.2
East South Central		5.3			5.3
Other		6.5			6.2
Total		100.0	%		100.0	%

American National and its wholly-owned subsidiaries regularly invest in real estate partnerships and joint ventures. American National participates in the design of these entities with the sponsor, but in most cases, its involvement is limited to financing. Through analysis performed by American National, some of these partnerships and joint ventures have been determined to be variable interest entities (“VIEs”). In certain instances, in addition to an economic interest in the entity, American National holds the power to direct the most significant activities of the entity and is deemed the primary beneficiary or consolidator of the entity. The assets of the consolidated VIEs are restricted and must be used first to settle the liabilities of the VIE. Creditors or beneficial interest holders of these VIEs have no recourse to the general credit of American National, as American National’s obligation is limited to the amount of its committed investment. American National has not provided financial or other support to the VIEs in the form of liquidity arrangements, guarantees, or other commitments to third parties that may affect the fair value or risk of its variable interest in the VIEs in 2013 or 2012.

14

The assets and liabilities relating to VIEs which are consolidated in American National’s financial statements are as follows (in thousands):

	March 31, 2013		December 31, 2012
Investment real estate	$	162,818	$	162,502
Short-term investments		674		969
Cash and cash equivalents		3,936		3,671
Accrued investment income		2,035		2,641
Other receivables		12,509		11,709
Other assets		6,744		6,487
Total assets of consolidated VIEs	$	188,716	$	187,979
Notes payable	$	165,127	$	163,384
Other liabilities		8,475		6,647
Total liabilities of consolidated VIEs	$	173,602	$	170,031

The total notes payable in the consolidated statements of financial position pertain to the borrowings of American National Insurance Company’s consolidated VIEs. The liability of American National Insurance Company on notes payable of the consolidated VIEs is limited to the amount of its direct or indirect investment in the respective ventures, which totaled $17,991,000 and $18,063,000 at March 31, 2013 and December 31, 2012, respectively. The average interest rate on the current portion of the notes payable was 4.0% during 2013. The total long-term portion of notes payable consists of three notes with the following interest rates: 4.0%, adjusted LIBOR plus 1.0% and adjusted LIBOR plus 2.5%. Of the long-term notes payable, $12,500,000 will mature in 2016, with the remainder maturing beyond 5 years.

For other VIEs in which American National is a partner, it is not the primary beneficiary and these entities were not consolidated, as the major decisions that most significantly impact the economic activities of the VIE require unanimous consent of all partners. The following table presents the carrying amount and maximum exposure to loss relating to unconsolidated VIEs (in thousands):

	March 31, 2013				December 31, 2012
	Carrying Amount		Maximum Exposure to Loss		Carrying Amount		Maximum Exposure to Loss
Investment in unconsolidated affiliates	$	103,053	$	103,053	$	81,548	$	81,548

15

7. DERIVATIVE INSTRUMENTS

American National purchases over-the-counter equity-indexed options as economic hedges against fluctuations in the equity markets to which equity-indexed products are exposed. Equity-indexed contracts include a fixed host universal-life or annuity contract and an equity-indexed embedded derivative. The detail of derivative instruments is shown below (in thousands):

Derivatives Not Designated as Hedging Instruments	Location in the Consolidated Statements of Financial Position	March 31, 2013							December 31, 2012
		Number of Instruments		Notional Amounts		Estimated Fair Value			Number of Instruments		Notional Amounts		Estimated Fair Value
Equity-indexed options	Other invested assets		355	$	851,300	$	105,254			356	$	846,900	$	82,625
Equity-indexed embedded derivative	Future policy benefits		25,481		734,400		(93,988	)		22,941		722,500		(75,032	)

		Gains (Losses) Recognized in Income on Derivatives
Derivatives Not Designated	Location in the	Three months ended March 31,
as Hedging Instruments	Consolidated Statements of Operations	2013			2012
Equity-indexed options	Net investment income	$	24,340		$	19,647
Equity-indexed embedded derivative	Interest credited to policyholders’ account balances		(20,647	)		(18,457	)

8. NET INVESTMENT INCOME AND REALIZED INVESTMENT GAINS (LOSSES)

Net investment income, before federal income taxes, is shown below (in thousands):

	Three months ended March 31,
	2013			2012
Bonds	$	163,433		$	172,279
Equity securities		6,815			6,245
Mortgage loans		51,785			49,758
Real estate		(1,421	)		(215	)
Options		24,340			19,647
Other invested assets		6,414			7,982
Total	$	251,366		$	255,696

Realized investment gains (losses), before federal income taxes, are shown below (in thousands):

	Three months ended March 31,
	2013			2012
Bonds	$	3,223		$	3,810
Equity securities		8,683			7,355
Mortgage loans		288			(1,089	)
Real estate		6,383			(252	)
Other invested assets		(39	)		(16	)
Total	$	18,538		$	9,808

The OTTI losses are shown below (in thousands):

	Three months ended March 31,
	2013			2012
Equity securities	$	(1,587	)	$	(2,837	)

16

9. FAIR VALUE OF FINANCIAL INSTRUMENTS

The carrying amount and estimated fair value of financial instruments are shown below (in thousands):

	March 31, 2013				December 31, 2012
	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
Financial assets
Fixed maturity securities, bonds held-to-maturity	$	9,061,438	$	9,860,707	$	9,009,282	$	9,840,751
Fixed maturity securities, bonds available-for-sale		4,769,136		4,769,136		4,665,576		4,665,576
Equity securities		1,208,788		1,208,788		1,075,439		1,075,439
Equity-indexed options		105,254		105,254		82,625		82,625
Mortgage loans on real estate, net of allowance		3,170,510		3,426,043		3,143,011		3,441,645
Policy loans		393,710		393,710		395,333		395,333
Short-term investments		233,101		233,101		313,086		313,086
Separate account assets		888,388		888,388		841,389		841,389
Total financial assets	$	19,830,325	$	20,885,127	$	19,525,741	$	20,655,844
Financial liabilities
Investment contracts	$	9,782,653	$	9,782,653	$	9,987,431	$	9,987,431
Embedded derivative liability for equity-indexed contracts		93,988		93,988		75,032		75,032
Notes payable		165,127		165,127		163,384		163,384
Separate account liabilities		888,388		888,388		841,389		841,389
Total financial liabilities	$	10,930,156	$	10,930,156	$	11,067,236	$	11,067,236

Summary

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability. A fair value hierarchy is used to determine fair value based on a hypothetical transaction at the measurement date from the perspective of a market participant. American National has evaluated the types of securities in its investment portfolio to determine an appropriate hierarchy level based upon trading activity and the observability of market inputs. The classification of assets or liabilities within the fair value hierarchy is based on the lowest level of significant input to its valuation. The input levels are defined as follows:

Level 1 Unadjusted quoted prices in active markets for identical assets or liabilities.

Level 2 Quoted prices in markets that are not active or inputs that are observable directly or indirectly. Level 2 inputs include quoted prices for similar assets or liabilities other than quoted prices in Level 1; quoted prices in markets that are not active; or other inputs that are observable or can be derived principally from or corroborated by observable market data for substantially the full term of the assets or liabilities.

Level 3 Unobservable inputs that are supported by little or no market activity and are significant to the fair value of the assets or liabilities. Unobservable inputs reflect American National’s own assumptions about the assumptions that market participants would use in pricing the asset or liability. Level 3 assets and liabilities include financial instruments whose values are determined using pricing models and third-party evaluation, as well as instruments for which the determination of fair value requires significant management judgment or estimation.

Fixed Maturity Securities and Equity Options—American National utilizes a pricing service to estimate fair value measurements. The estimates of fair value for most fixed maturity securities, including municipal bonds, provided by the pricing service are disclosed as Level 2 measurements as the estimates are based on observable market information rather than market quotes.

The pricing service utilizes market quotations for fixed maturity securities that have quoted prices in active markets. Since fixed maturity securities generally do not trade on a daily basis, the pricing service prepares estimates of fair value measurements for these securities using its proprietary pricing applications, which include available relevant market information, benchmark curves, benchmarking of like securities, sector groupings and matrix pricing. Additionally, an option adjusted spread model is used to develop prepayment and interest rate scenarios.

17

The pricing service evaluates each asset class based on relevant market information, relevant credit information, perceived market movements and sector news. The market inputs utilized in the pricing evaluation, listed in the approximate order of priority, include: benchmark yields, reported trades, broker/dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers, reference data, and economic events. The extent of the use of each market input depends on the asset class and the market conditions. Depending on the security, the priority of the use of inputs may change or some market inputs may not be relevant. For some securities, additional inputs may be necessary.

American National has reviewed the inputs and methodology used and the techniques applied by the pricing service to produce quotes that represent the fair value of a specific security. The review confirms the service is utilizing information from observable transactions or a technique that represents a market participant’s assumptions. American National does not adjust quotes received from the pricing service. The pricing service utilized by American National has indicated that they will only produce an estimate of fair value if there is objectively verifiable information available.

American National holds a small amount of private placement debt and fixed maturity securities that have characteristics that make them unsuitable for matrix pricing. For these securities, a quote from an independent broker (typically a market maker) is obtained. Due to the disclaimers on the quotes that indicate that the price is indicative only, American National includes these fair value estimates in Level 3.

The pricing of certain commercial mortgage-backed securities use discounted cash flow models and these securities are classified as Level 3 measurements. These models include significant non-observable inputs including an internally determined credit rating of the security and an externally provided credit spread. At March 31, 2013 and December 31, 2012, the modeled discount rate ranges from 5.9% to 6.0%.

For securities priced using a quote from an independent broker, such as the equity options and certain fixed maturity securities, American National uses a market-based fair value analysis to validate the reasonableness of prices received from an independent broker. Price variances above a certain threshold are analyzed further to determine if any pricing issue exists. This analysis is generally performed on a weekly basis, but no less frequently than on a monthly basis.

Equity Securities—For publicly-traded equity securities, prices are received from a nationally recognized pricing service that are based on observable market transactions and these securities are classified as Level 1 measurements. For certain preferred stock, current market quotes in active markets are unavailable. In these instances, an estimate of fair value is received from the pricing service. The service utilizes similar methodologies to price preferred stocks as it does for fixed maturity securities. These estimates are disclosed as Level 2 measurements. American National tests the accuracy of the information provided by reference to other services regularly.

Mortgage Loans—The fair value of mortgage loans is estimated using discounted cash flow analyses on a loan by loan basis by applying a discount rate to expected cash flows from future installment and balloon payments. The discount rate takes into account general market trends and specific credit risk trends for the individual loan. Factors used to arrive at the discount rate include inputs from spreads based on U.S. Treasury notes and the loan’s credit rating, region, property type, lien number, payment type and current status.

Embedded Derivative—The embedded derivative liability for equity-indexed contracts is measured at fair value and is recalculated each reporting period using equity option pricing models. To validate the assumptions used to price the embedded derivative liability, American National measures and compares embedded derivative returns against the returns of equity options held to hedge the liability cash flows.

The significant unobservable input used to calculate the fair value of the embedded derivatives is equity option implied volatility. This volatility assumption is the range of implied volatilities that American National has determined market participants would use to price equity options that match the current derivative characteristics of our in-force equity-indexed contracts. Implied volatility can vary by term and strike price. An increase in implied volatility will result in an increase in the value of the equity-indexed embedded derivatives, all other things being equal. At March 31, 2013 and December 31, 2012, the implied volatility used to estimate embedded derivative value ranges from 10.8% to 29.6% and 15.9% to 30.1%, respectively.

18

Other Financial Instruments—Other financial instruments classified as level 3 measurements, as there is little or no market activity, are as follows:

Policy loans—The carrying value of policy loans is the outstanding balance plus any accrued interest. Due to the collateralized nature of policy loans, unpredictable timing of repayments and the fact that it cannot be separated from the policy contract and it is settled at outstanding value, American National believes that the carrying value of policy loans approximates fair value.

Investment contracts liability—The carrying value of investment contracts liability is equivalent to the accrued account balance. The accrued account balance consists of deposits, net of withdrawals, plus or minus interest credited, fees and charges assessed and other adjustments. American National believes that the carrying value of investment contracts liability approximates fair value because the majority of these contracts’ interest rates reset to current rates offered at anniversary.

Notes payable—Notes payable are carried at outstanding principal balance. The carrying value of the notes payable approximates fair value because the underlying interest rates approximate market rates at the balance sheet date.

Quantitative Disclosures

The quantitative disclosures regarding fair value hierarchy measurements of the financial instruments are shown below (in thousands):

	Fair Value Measurement as of March 31, 2013
	Total Estimated Fair Value		Level 1		Level 2		Level 3
Financial assets
Fixed maturity securities, bonds held-to-maturity
U.S. treasury and government	$	3,632	$	—	$	3,632	$	—
U.S. states and political subdivisions		421,691		—		421,691		—
Foreign governments		33,233		—		33,233		—
Corporate debt securities		8,832,475		—		8,754,161		78,314
Residential mortgage-backed securities		526,198		—		525,143		1,055
Collateralized debt securities		2,672		—		—		2,672
Other debt securities		40,806		—		40,806		—
Total bonds held-to-maturity		9,860,707		—		9,778,666		82,041
Fixed maturity securities, bonds available-for-sale
U.S. treasury and government		22,990		—		22,990		—
U.S. states and political subdivisions		625,237		—		622,712		2,525
Foreign governments		7,307		—		7,307		—
Corporate debt securities		3,970,150		—		3,899,707		70,443
Residential mortgage-backed securities		81,573		—		79,117		2,456
Commercial mortgage-backed securities		32,008		—		—		32,008
Collateralized debt securities		18,450		—		16,519		1,931
Other debt securities		11,421		—		11,421		—
Total bonds available-for-sale		4,769,136		—		4,659,773		109,363
Equity securities
Common stock		1,168,491		1,168,491		—		—
Preferred stock		40,297		40,297		—		—
Total equity securities		1,208,788		1,208,788		—		—
Options		105,254		—		—		105,254
Mortgage loans on real estate		3,426,043		—		3,426,043		—
Policy loans		393,710		—		—		393,710
Short-term investments		233,101		—		233,101		—
Separate account assets		888,388		—		888,388		—
Total financial assets	$	20,885,127	$	1,208,788	$	18,985,971	$	690,368
Financial liabilities
Investment contracts	$	9,782,653	$	—	$	—	$	9,782,653
Embedded derivative liability for equity-indexed contracts		93,988		—		—		93,988
Notes payable		165,127		—		—		165,127
Separate account liabilities		888,388		—		888,388		—
Total financial liabilities	$	10,930,156	$	—	$	888,388	$	10,041,768

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	Fair Value Measurement as of December 31, 2012
	Total Estimated Fair Value		Level 1		Level 2		Level 3
Financial assets
Fixed maturity securities, bonds held-to-maturity
U.S. treasury and government	$	3,662	$	—	$	3,662	$	—
U.S. states and political subdivisions		433,695		—		433,695		—
Foreign governments		33,438		—		33,438		—
Corporate debt securities		8,735,158		—		8,662,164		72,994
Residential mortgage-backed securities		590,502		—		589,441		1,061
Collateralized debt securities		2,821		—		—		2,821
Other debt securities		41,475		—		41,475		—
Total bonds held-to-maturity		9,840,751		—		9,763,875		76,876
Fixed maturity securities, bonds available-for-sale
U.S. treasury and government		20,805		—		20,805		—
U.S. states and political subdivisions		615,438		—		612,913		2,525
Foreign governments		7,344		—		7,344		—
Corporate debt securities		3,872,633		—		3,796,949		75,684
Residential mortgage-backed securities		94,385		—		91,938		2,447
Commercial mortgage-backed securities		24,442		—		—		24,442
Collateralized debt securities		19,091		—		17,156		1,935
Other debt securities		11,438		—		11,438		—
Total bonds available-for-sale		4,665,576		—		4,558,543		107,033
Equity securities
Common stock		1,037,784		1,037,784		—		—
Preferred stock		37,655		37,652		—		3
Total equity securities		1,075,439		1,075,436		—		3
Options		82,625		—		—		82,625
Mortgage loans on real estate		3,441,645		—		3,441,645		—
Policy loans		395,333		—		—		395,333
Short-term investments		313,086		—		313,086		—
Separate account assets		841,389		—		841,389		—
Total financial assets	$	20,655,844	$	1,075,436	$	18,918,538	$	661,870
Financial liabilities
Investment contracts	$	9,987,431	$	—	$	—	$	9,987,431
Embedded derivative liability for equity-indexed contracts		75,032		—		—		75,032
Notes payable		163,384		—		—		163,384
Separate account liabilities		841,389		—		841,389		—
Total financial liabilities	$	11,067,236	$	—	$	841,389	$	10,225,847

For financial instruments measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the period, a reconciliation of the beginning and ending balances is shown below at estimated fair value (in thousands):

	Investment Securities			Equity- Indexed Options			Embedded Derivative Liability
Beginning balance, 2012	$	99,918		$	65,188		$	(63,275	)
Total realized and unrealized investment gains/losses
Included in other comprehensive income		3,678			—			—
Net fair value change included in realized gains/losses		(17	)		—			—
Net gain (loss) for derivatives included in net investment income		—			17,798			—
Net change included in interest credited		—			—			(18,457	)
Purchases, sales and settlements or maturities
Purchases		18			4,341			—
Sales		(2,502	)		—			—
Settlements or maturities		(178	)		(2,621	)		—
Premiums less benefits		—			—			3,078
Ending balance March 31, 2012	$	100,917		$	84,706		$	(78,654	)

20

				Equity-			Embedded
	Investment			Indexed			Derivative
	Securities			Options			Liability
Beginning balance, 2013	$	183,912		$	82,625		$	(75,032	)
Total realized and unrealized investment gains/losses
Included in other comprehensive income		9,188			—			—
Net fair value change included in realized gains/losses		203			—			—
Net gain (loss) for derivatives included in net investment income		—			22,466			—
Net change included in interest credited		—			—			(20,647	)
Net capitalized interest
Purchases, sales and settlements or maturities
Purchases		1,975			3,290			—
Sales		(3,874	)		—			—
Settlements or maturities		—			(3,127	)		—
Premiums less benefits		—			—			1,691
Ending balance March 31, 2013	$	191,404		$	105,254		$	(93,988	)

Within the net gain (loss) for derivatives included in net investment income were an unrealized gain of $21,580,000 and $17,399,000 relating to assets still held at March 31, 2013 and 2012, respectively.

There were no transfers between Level 1 and Level 2 fair value hierarchies. The transfers into Level 3 were the result of existing securities no longer being priced by the third-party pricing service at the end of the period. American National’s valuation of these securities involves judgment regarding assumptions market participants would use including quotes from independent brokers. The transfers out of Level 3 were securities being priced by a third-party service at the end of the period, using inputs that are observable or derived from market data, which resulted in classification of these assets as Level 2.

10. DEFERRED POLICY ACQUISITION COSTS

Deferred policy acquisition costs and premiums are shown below (in thousands):

							Accident			Property &
	Life			Annuity			& Health			Casualty			Total
Beginning balance 2013	$	653,416		$	406,540		$	49,206		$	138,513		$	1,247,675
Additions		25,908			13,229			2,575			49,827			91,539
Amortization		(19,959	)		(22,652	)		(4,124	)		(56,138	)		(102,873	)
Effect of change in unrealized gains on available-for-sale securities		(2,314	)		208			—			—			(2,106	)
Net change		3,635			(9,215	)		(1,549	)		(6,311	)		(13,440	)
Ending balance at March 31, 2013		657,051			397,325			47,657			132,202			1,234,235

Commissions comprise the majority of the additions to deferred policy acquisition costs for each year.

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11. LIABILITY FOR UNPAID CLAIMS AND CLAIM ADJUSTMENT EXPENSES

The liability for unpaid claims and claim adjustment expenses (“CAE”) for accident and health, and property and casualty insurance is included in the “Policy and contract claims” in the consolidated statements of financial position and represents the amount estimated for claims that have been reported but not settled and claims incurred but not reported (“IBNR”). Liability for unpaid claims and CAE are estimated based upon American National’s historical experience and actuarial assumptions that consider the effects of current developments, anticipated trends and risk management programs, reduced for anticipated salvage and subrogation. The effects of the changes are included in the consolidated results of operations in the period in which the changes occur.

Activities in the liability for unpaid claims and CAE (“claims”) are shown below (in thousands):

	Three months ended March 31,
	2013			2012
Unpaid claims balance, beginning	$	1,168,047		$	1,180,259
Less reinsurance recoverables		256,885			235,174
Net beginning balance		911,162			945,085
Incurred related to
Current		254,035			258,886
Prior years		(23,037	)		(25,720	)
Total incurred claims		230,998			233,166
Paid claims related to
Current		92,894			100,383
Prior years		133,698			138,587
Total paid claims		226,592			238,970
Net balance		915,568			939,281
Plus reinsurance recoverables		240,844			232,251
Unpaid claims balance, ending	$	1,156,412		$	1,171,532

The net and gross reserve calculations have shown favorable development for the last several years as a result of favorable loss emergence compared to what was implied by the loss development patterns used in the original estimation of losses in prior years. Estimates for ultimate incurred claims and CAE attributable to insured events of prior years decreased by approximately $23,037,000 during the first three months of 2013 and $25,720,000 during the same period in 2012.

12. FEDERAL INCOME TAXES

A reconciliation of the effective tax rate to the statutory federal tax rate is shown below (in thousands, except percentages):

	Three months ended March 31,
	2013						2012
	Amount			Rate			Amount			Rate
Income tax expense on pre-tax income	$	21,752			35.0	%	$	22,180			35.0	%
Tax-exempt investment income		(1,623	)		(2.6	)		(1,905	)		(3.0	)
Dividend exclusion		(1,471	)		(2.4	)		(1,469	)		(2.3	)
Miscellaneous tax credits, net		(1,961	)		(3.2	)		(2,111	)		(3.3	)
Other items, net		(5,380	)		(8.6	)		288			0.4
Total	$	11,317			18.2	%	$	16,983			26.8	%

There were no federal income tax payments or refunds during the three months ended March 31, 2013. American National received net refunds of $6,425,000 during the three months ended March 31, 2012.

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The tax effects of temporary differences that gave rise to the deferred tax assets and liabilities are shown below (in thousands):

	March 31,			December 31,
	2013			2012
DEFERRED TAX ASSETS
Investments, principally due to impairment losses	$	69,131		$	70,103
Investment in real estate and other invested assets principally due to investment valuation allowances		7,583			7,259
Policyholder funds, principally due to policy reserve discount		228,822			229,429
Policyholder funds, principally due to unearned premium reserve		31,689			30,337
Participating policyholders’ surplus		37,858			37,014
Pension		95,860			94,847
Commissions and other expenses		7,791			7,889
Tax carryforwards		13,421			23,041
Other assets		—			3,343
Gross deferred tax assets		492,155			503,262
DEFERRED TAX LIABILITIES
Available-for-sale securities, principally due to net unrealized gains		(293,527	)		(257,290	)
Investment in bonds, principally due to accrual of discount on bonds		(8,964	)		(9,415	)
Deferred policy acquisition costs, due to difference between GAAP and tax amortization methods		(323,280	)		(327,245	)
Property, plant and equipment, principally due to difference between GAAP and tax depreciation methods		(1,083	)		(1,462	)
Other Liabilities		(728	)		—
Gross deferred tax liabilities		(627,582	)		(595,412	)
Total net deferred tax liability	$	(135,427	)	$	(92,150	)

Management believes that a sufficient level of taxable income will be achieved over time to utilize the deferred tax assets in the consolidated federal tax return; therefore, no valuation allowance was recorded as of March 31, 2013 and December 31, 2012. However, if not utilized beforehand, approximately $13,421,000 in ordinary loss tax carryforwards will expire at the end of tax year 2033.

The statute of limitations for the examination of federal income tax returns by the IRS for years 2006 to 2011 either has been extended or has not expired. In the opinion of management, all prior year deficiencies have been paid or adequate provisions have been made for any tax deficiencies that may be upheld. No provision for penalties was established, and no interest expense was incurred for 2013 or 2012, relating to uncertain tax positions. Management does not believe that there are any uncertain tax benefits that could be recognized within the next twelve months that would decrease American National’s effective tax rate.

13. COMPONENTS OF COMPREHENSIVE INCOME (LOSS)

The components of and changes in the accumulated other comprehensive income (loss) (“AOCI”), and the related tax effects, are shown below (in thousands):

	Net  Unrealized Gains/(Losses) on Securities			Defined Benefit Pension Plan Adjustments			Foreign Currency Adjustments		AOCI
Beginning balance 2012	$	274,837		$	(115,485)		$	51	$	159,403
Unrealized holding gains (losses) arising during the period (net of tax expense $52,330)		97,184								97,184
Unrealized adjustment to DAC (net of tax benefit $5,901)		(11,604	)							(11,604	)
Unrealized (gains) losses on investments attributable to participating policyholders’ interest (net of tax benefit $2,048)		(3,804	)							(3,804	)
Foreign currency adjustment (net of tax expense $82)								152		152
Amounts reclassified from AOCI (net of tax benefit $2,955 and expense $1,437)		(5,245	)		2,668					(2,577	)
Ending balance at March 31, 2012	$	351,368		$	(112,817	)	$	203	$	238,754

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	Net  Unrealized Gains/(Losses) on Securities			Defined Benefit Pension Plan Adjustments			Foreign Currency Adjustments		AOCI
Beginning balance 2013	$	370,842		$	(129,003	)	$	171	$	242,010
Unrealized holding gains (losses) arising during the period (net of tax expense $39,671)		73,674								73,674
Unrealized adjustment to DAC (net of tax benefit $439)		(1,667	)							(1,667	)
Unrealized (gains) losses on investments attributable to participating policyholders’ interest (net of tax benefit $1,782)		(3,309	)							(3,309	)
Foreign currency adjustment (net of tax expense $80)								149		149
Amounts reclassified from AOCI (net of tax benefit $3,434 and expense $1,549)		(5,979	)		2,876					(3,103	)
Ending balance at March 31, 2013	$	433,561		$	(126,127	)	$	320	$	307,754

14. STOCKHOLDERS’ EQUITY AND NONCONTROLLING INTERESTS

American National has one class of common stock with a par value of $1.00 per share and 50,000,000 authorized shares. The amounts outstanding at the dates indicated are shown below:

	March 31,			December 31,
	2013			2012
Common stock
Shares issued		30,832,449			30,832,449
Treasury shares		(3,939,037	)		(3,995,785	)
Outstanding shares		26,893,412			26,836,664
Restricted shares		(195,334	)		(185,334	)
Unrestricted outstanding shares		26,698,078			26,651,330

Stock-based compensation

American National has one stock-based compensation plan, which allows for grants of Non-Qualified Stock Options, Stock Appreciation Rights (“SAR”), Restricted Stock (“RS”) Awards, Restricted Stock Units (“RSU”), Performance Awards, Incentive Awards or any combination thereof. This plan is administered by the American National Board Compensation Committee. The Board Compensation Committee makes incentive awards under this plan to our executives after meeting established performance objectives. All awards are subject to review and approval by the committee and the Board of Directors, both at the time of setting applicable performance objectives and at the same time of payment of the awards. The number of shares available for grants under the plan cannot exceed 2,900,000 shares, and no more than 200,000 shares may be granted to any one individual in any calendar year. Grants are made to certain officers and directors as compensation and to align their interests with those of other shareholders.

SAR, RS and RSU information for the periods indicated is shown below:

	SAR					RS Shares				RS Units
	Shares			Weighted- Average  Grant Date Fair Value		Shares		Weighted- Average  Grant Date Fair Value		Units			Weighted- Average  Grant Date Fair Value
Outstanding at December 31, 2012		108,951		$	111.31		185,334	$	109.13		127,059		$	75.06
Granted		—			—		10,000		80.05		71,084			80.05
Exercised		(200	)		66.76		—		—		(74,580	)		77.03
Forfeited		(134	)		66.76		—		—		(99	)		77.20
Expired		(4,600	)		111.95		—		—		—			—
Outstanding at March 31, 2013		104,017		$	111.42		195,334	$	107.64		123,464		$	76.74

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	SAR		RS Shares		RS Units
Weighted-average contractual remaining life		2.6 years		4.8 years		2.4 years
Weighted-average exercise price	$	111.42	$	107.64	$	76.74
Exercisable shares		88,292		N/A		—
Weighted-average exercise price Exercisable shares	$	111.27		N/A		N/A

The SARs give the holder the right to cash compensation based on the difference between the price of a share of stock on the grant date and the price on the exercise date. The SARs vest at a rate of 20% per year for five years and expire five years after vesting. The fair value of the SARs was $34,000 and $3,000 at March 31, 2013 and December 31, 2012, respectively. Compensation expense was recorded totaling $32,000 for the three months ended March 31, 2013, and a credit to compensation expense was recorded totaling $2,000 for the three months ended March 31, 2012.

Effective December 31, 2012, the settlement provision within outstanding RSU awards was modified to allow the recipient of the awards to settle the vested RSUs in either cash or American National’s common stock. This change in the settlement provision is expected to apply to all future issuance of RSU awards. Prior to the modification, vested RSUs were converted to American National’s common stock on a one-for-one basis. This modification changes the award classification from equity to liability award. At the date of modification, American National recorded a liability of $7,974,000 with a corresponding reduction in additional paid-in capital. The liability will be remeasured and adjusted for changes in the fair value each reporting period through the vesting date. The fair value of the liability was $4,579,000 and $7,974,000 at March 31, 2013 and December 31, 2012, respectively. RSUs generally vest after a three-year graded vesting requirement. Certain awards vest over a shorter period as a result of retirement provisions. Compensation expense of $5,563,000 and $1,493,000 was recorded for the three months ended March 31, 2013 and 2012, respectively. The modification, which was applied consistently to all participants added an incremental cost of $1,408,000.

RS Awards entitle the participant to full dividend and voting rights. Each award has the value of one share of restricted stock and vests 10 years from the grant date. Unvested shares are restricted as to disposition, and are subject to forfeiture under certain circumstances. Compensation expense is recognized over the vesting period. The restrictions on these awards lapse after 10 years, and these awards feature a graded vesting schedule in the case of the retirement of an award holder. Restricted stock for 350,334 shares has been granted at an exercise price of zero, of which 195,334 shares are unvested. The compensation expense recorded was $505,000 and $670,000 for the three months ended March 31, 2013 and 2012, respectively.

Earnings (loss) per share

Basic earnings (losses) per share were calculated using a weighted-average number of shares outstanding. The Restricted Stock awards and units resulted in diluted earnings per share as follows (in thousands, except share-related data):

	Three months ended March 31,
	2013		2012
Weighted average shares outstanding		26,763,896		26,565,164
Incremental shares from RS awards and RSUs		123,255		193,791
Total shares for diluted calculations		26,887,151		26,758,955
Net income (loss) attributable to American National Insurance Company	$	59,971	$	45,216
Basic earnings (loss) per share	$	2.24	$	1.70
Diluted earnings (loss) per share		2.23		1.69

Dividends

American National Insurance Company’s payment of dividends to stockholders is restricted by statutory regulations. The restrictions require life insurance companies to maintain minimum amounts of capital and surplus, and in the absence of special approval, limit the payment of dividends to the greater of statutory net gain from operations on an annual, non-cumulative basis, or 10% of statutory surplus. Additionally, insurance companies are not permitted to distribute the excess of stockholders’ equity, as determined on a GAAP basis, over that determined on a statutory basis. At March 31, 2013 and December 31, 2012, American National Insurance Company’s statutory capital and surplus was $2,376,889,000 and $2,260,268,000, respectively.

25

Similar restrictions on amounts that can transfer in the form of dividends, loans, or advances to the parent company apply to American National’s insurance subsidiaries. Net assets of insurance subsidiaries were approximately $1,557,463,000 and $1,535,082,000 at March 31, 2013 and December 31, 2012, respectively.

Noncontrolling interests

American National County Mutual Insurance Company (“County Mutual”) is a mutual insurance company that is owned by its policyholders. American National has a management agreement that effectively gives it complete control of County Mutual. As a result, County Mutual is included in the consolidated financial statements of American National. Policyholder interests in the financial position of County Mutual are reflected as noncontrolling interest of $6,750,000 at March 31, 2013 and December 31, 2012.

American National Insurance Company and its subsidiaries exercise significant control or ownership of various joint ventures, resulting in their consolidation into American National’s consolidated financial statements. The interests of the joint ventures’ other partners are shown as noncontrolling interests, of $4,158,000 and $4,741,000 at March 31, 2013 and December 31, 2012, respectively.

15. SEGMENT INFORMATION

Management organizes the business into five operating segments:

• Life—markets whole, term, universal, indexed and variable life insurance on a national basis primarily through career and multiple-line agents, as well as through independent agents and direct marketing channels.

• Annuity—offers fixed, indexed, and variable annuity products. These products are primarily sold through independent agents, brokers, and financial institutions, along with multiple-line and career agents.

• Health—primary lines of business are Medicare Supplement, stop loss, other supplemental health products and credit disability insurance. Health products are typically distributed through independent agents and managing general underwriters.

• Property and Casualty—writes personal, commercial and credit-related property insurance. These products are primarily sold through multiple-line agents and independent agents.

• Corporate and Other—consists of net investment income on the investments not allocated to the insurance segments and the operations of non-insurance lines of business.

The accounting policies of the segments are the same as those described in Note 2. All income and expense amounts specifically attributable to policy transactions are recorded directly to the appropriate operating segment. Income and expenses not specifically attributable to policy transactions are allocated to each segment as follows:

• Recurring income from bonds and mortgage loans is allocated based on the assets allocated to each line of business at the average yield available from these assets.

• Net investment income from all other assets is allocated to the insurance segments in accordance with the amount of equity allocated to each segment, with the remainder recorded in the Corporate and Other business segment.

• Expenses are allocated based upon various factors, including premium and commission ratios within the respective operating segments.

26

The following summarizes results of operations by operating segments (in thousands):

	Three months ended March 31,
	2013			2012
Income (loss) from continuing operations before federal income taxes, and equity in earnings/losses of unconsolidated affiliates
Life	$	6,004		$	7,556
Annuity		27,334			23,734
Health		(686	)		(1,452	)
Property and casualty		12,909			24,560
Corporate and other		16,587			8,973
Total	$	62,148		$	63,371

16. COMMITMENTS AND CONTINGENCIES

Commitments

American National had aggregate commitments at March 31, 2013, to purchase, expand or improve real estate, to fund fixed interest into mortgage loans, and to purchase other invested assets of $269,983,000, of which $206,225,000 is expected to be funded in 2013. The remaining $63,758,000 will be funded in 2014 and beyond.

In September 2012, American National renewed an existing $100,000,000 short-term variable rate borrowing facility containing a $55,000,000 sub-feature for the issuance of letters of credit. Borrowings under the facility are at the discretion of the lender and would be used only for funding working capital requirements. The combination of borrowings and outstanding letters of credit cannot exceed $100,000,000 at any time. As of March 31, 2013 and December 31, 2012, the outstanding letters of credit were $33,495,000 and $33,696,000, respectively, and there were no borrowings on this facility to meet liquidity requirements. This facility expires on September 30, 2013. American National expects it will be renewed on substantially equivalent terms upon expiration.

Guarantees

American National has guaranteed bank loans for customers of a third-party marketing operation. The bank loans are used to fund premium payments on life insurance policies issued by American National. The loans are secured by the cash values of the life insurance policies. If the customer were to default on the bank loan, American National would be obligated to pay off the loans. As the cash values of the life insurance policies always equal or exceed the balance of the loans, management does not foresee any loss on these guarantees. The total amount of the guarantees outstanding as of March 31, 2013, was approximately $206,376,000, while the total cash values of the related life insurance policies was approximately $211,857,000.

Litigation

American National and certain subsidiaries, in common with the insurance industry in general, are defendants in various lawsuits concerning alleged breaches of contracts, various employment matters, allegedly deceptive insurance sales and marketing practices, and miscellaneous other causes of action arising in the ordinary course of operations. Certain of these lawsuits include claims for compensatory and punitive damages. We provide accruals for these items to the extent we deem the losses probable and reasonably estimable. After reviewing these matters with legal counsel, based upon information presently available, management is of the opinion that the ultimate resultant liability, if any, would not have a material adverse effect on American National’s consolidated financial position, liquidity or results of operations; however, assessing the eventual outcome of litigation necessarily involves forward-looking speculation as to judgments to be made by judges, juries and appellate courts in the future. Such speculation warrants caution, as the frequency of large damage awards, which bear little or no relation to the economic damages incurred by plaintiffs in some jurisdictions, continues to create the potential for an unpredictable judgment in any given lawsuit. These lawsuits are in various stages of development, and future facts and circumstances could result in management’s changing its conclusions. It is possible that, if the defenses in these lawsuits are not successful, and the judgments are greater than management can anticipate, the resulting liability could have a material impact on our consolidated financial position, liquidity or results of operations. With respect to the existing litigation, management currently believes that the possibility of a material judgment adverse to American National is remote and no estimate of range can be made for loss contingencies that are at least reasonably possible but not accrued.

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17. RELATED PARTY TRANSACTIONS

American National has entered into recurring transactions and agreements with certain related parties. These include mortgage loans, management contracts, agency commission contracts, marketing agreements, accident and health insurance contracts and legal services. The impact on the consolidated financial statements of the significant related party transactions for the periods indicated is shown below (in thousands):

		Dollar Amount of Transactions				Amount due to/(from) American National
		Three months ended March 31,				March 31,			December 31,
Related Party	Financial Statement Line Impacted	2013		2012		2013			2012
Gal-Tex Hotel Corporation	Mortgage loan on real estate	$	280	$	260	$	8,610		$	8,890
Gal-Tex Hotel Corporation	Net investment income		159		179		52			54
Greer, Herz and Adams, LLP	Other operating costs and expenses		2,131		1,958		(429	)		(268	)

Mortgage Loans to Gal-Tex Hotel Corporation (“Gal-Tex”): American National held a first mortgage loan issued to Gal-Tex collateralized by hotel property in San Antonio, Texas. This loan was originated in 1999, has a current interest rate of 7.30%, and has a final maturity date of April 1, 2019. This loan is current as to principal and interest payments.

Transactions with Greer, Herz & Adams, L.L.P.: Irwin M. Herz, Jr. is an American National advisory director and a Partner with Greer, Herz Adams, L.L.P., which serves as American National’s General Counsel.

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Set forth on the following pages is management’s discussion and analysis (“MD&A”) of financial condition and results of operations for the three months ended March 31, 2013 and 2012 of American National Insurance Company and its subsidiaries (referred to in this document as “we”, “our”, “us”, or the “Company”). This information should be read in conjunction with our consolidated financial statements included in Item 1, Financial Statements (unaudited), of this Form 10-Q.

Forward-Looking Statements

This document contains forward-looking statements that reflect our estimates and assumptions related to business, economic, competitive and legislative developments. Forward-looking statements generally are indicated by words such as “expects,” “intends,” “anticipates,” “plans,” “believes,” “estimates,” “will” or words of similar meaning and include, without limitation, statements regarding the outlook of our business and expected financial performance. Forward-looking statements are not a guarantee of future performance and involve various risks and uncertainties. Moreover, forward-looking statements speak only as of the date made, and we undertake no obligation to update them. Certain important factors could cause our actual results to differ, possibly materially, from our expectations or estimates. These factors are described in greater detail in Item IA, Risk Factors, in our 2012 Annual Report on Form 10-K filed with the SEC on March 8, 2013, and they include among others:

• Economic Risk Factors

• difficult conditions in the economy, which may not improve in the near future, and risks related to persistently low, or unpredictable, interest rates;

• Operational Risk Factors

• differences between actual experience regarding mortality, morbidity, persistency, surrenders and investment returns, and our assumptions for establishing liabilities and reserves or for other purposes;

• potential ineffectiveness of our risk management policies and procedures;

• changes in our experience related to deferred policy acquisition costs;

• failures or limitations of our computer, data security and administration systems;

• potential employee error or misconduct, which may result in fraud or adversely affect the execution and administration of our policies and claims;

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• Investment and Financial Market Risk Factors

• fluctuations in the markets for fixed maturity securities, equity securities, and commercial real estate, which could adversely affect the valuation of our investment portfolio, our net investment income, our retirement expense, and sales of or fees from certain of our products;

• lack of liquidity for certain of our investments;

• risk of investment losses and defaults;

• Catastrophic Event Risk Factors

• natural or man-made catastrophes, pandemic disease, or other events resulting in increased claims activity from catastrophic loss of life or property;

• the effects of unanticipated events on our disaster recovery and business continuity planning;

• Marketplace Risk Factors

• the highly competitive nature of the insurance and annuity business;

• potential difficulty in attraction and retention of qualified employees and agents;

• the introduction of alternative healthcare solutions, which could impact our Medicare Supplement business;

• Litigation and Regulation Risk Factors

• adverse determinations in litigation or regulatory proceedings and our exposure to contingent liabilities, including and in connection with our divestiture or winding down of businesses;

• the effects of extensive government regulation;

• changes in tax and securities law;

• changes in statutory or U.S. generally accepted accounting principles (“GAAP”), practices or policies;

• Reinsurance and Counterparty Risk Factors

• potential changes in the availability, affordability and adequacy of reinsurance protection;

• potential default or failure to perform by the counterparties to our reinsurance arrangements and derivative instruments;

• Other Risk Factors

• potentially adverse rating agency actions; and

• control of our company by a small number of stockholders.

Overview

We are a diversified insurance and financial services company, offering a broad spectrum of insurance products. Chartered in 1905, we are headquartered in Galveston, Texas. We operate in all 50 states, the District of Columbia, Guam, American Samoa and Puerto Rico.

General Trends

There were no material changes to the general trends we are experiencing, as discussed in the MD&A included in our 2012 Annual Report on Form 10-K filed with the SEC on March 8, 2013.

Critical Accounting Estimates

The unaudited interim consolidated financial statements have been prepared in conformity with GAAP. In addition to GAAP, insurance companies apply specific SEC regulations when preparing the consolidated financial statements. The preparation of the consolidated financial statements in accordance with GAAP requires us to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and notes. Actual results could differ from results reported using those estimates and assumptions.

Our accounting policies inherently require the use of judgments relating to a variety of assumptions and estimates, particularly expectations of current and future mortality, morbidity, persistency, expenses, interest rates, and property and casualty loss frequency, severity, claim reporting and settlement patterns. Due to the inherent uncertainty when using the assumptions and estimates, the effect of certain accounting policies under different conditions or assumptions could vary from those reported in the consolidated financial statements.

For a discussion of our critical accounting estimates, see the MD&A in our 2012 Annual Report on Form 10-K filed with the SEC on March 8, 2013. There were no material changes in accounting policies since December 31, 2012.

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Recently Issued Accounting Pronouncements

Refer to Note 3, Recently Issued Accounting Pronouncements, of the Notes to the Unaudited Consolidated Financial Statements.

Consolidated Results of Operations

The following sets forth the consolidated results of operations (in thousands):

	Three months ended March 31,
	2013		2012		Change
Premiums and other revenues
Premiums	$	419,769	$	425,086	$	(5,317	)
Other policy revenues		49,998		48,047		1,951
Net investment income		251,366		255,696		(4,330	)
Realized investment gains (losses), net		16,951		6,971		9,980
Other income		6,961		6,875		86
Total premiums and other revenues		745,045		742,675		2,370
Benefits, losses and expenses
Policyholder benefits		122,197		123,068		(871	)
Claims incurred		228,562		232,227		(3,665	)
Interest credited to policyholder’s account balances		111,106		124,864		(13,758	)
Commissions for acquiring and servicing policies		85,123		95,514		(10,391	)
Other operating expenses		124,575		101,993		22,582
Change in deferred policy acquisition costs (1)		11,334		1,638		9,696
Total benefits and expenses		682,897		679,304		3,593
Income (loss) before other items and federal income taxes	$	62,148	$	63,371	$	(1,223	)

(1) A negative amount of net change indicates more expense was deferred than amortized and represents a decrease to expenses in the periods indicated.

Consolidated earnings were relatively unchanged during the quarter ended March 31, 2013 compared to 2012. The noteworthy fluctuations were:

• an increase in operating expenses driven primarily by our life, annuity and corporate and other segments,

• a decrease in interest credited to policyholders’ account balances in our annuity segment, and

• an increase in realized investment gains in our corporate and other segment.

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Results of Operations and Related Information by Segment

Life

Life segment results for the periods indicated were as follows (in thousands):

	Three months ended March 31,
	2013			2012			Change
Premiums and other revenues
Premiums	$	68,655		$	66,451		$	2,204
Other policy revenues		46,358			44,652			1,706
Net investment income		56,949			58,905			(1,956	)
Other income		507			750			(243	)
Total premiums and other revenues		172,469			170,758			1,711
Benefits, losses and expenses
Policyholder benefits		81,502			83,823			(2,321	)
Interest credited to policyholder’s account balances		12,787			14,921			(2,134	)
Commissions for acquiring and servicing policies		25,589			21,389			4,200
Other operating expenses		52,536			44,293			8,243
Change in deferred policy acquisition costs (1)		(5,949	)		(1,224	)		(4,725	)
Total benefits and expenses		166,465			163,202			3,263
Income (loss) before other items and federal income taxes	$	6,004		$	7,556		$	(1,552	)

(1) A negative amount of net change indicates more expense was deferred than amortized and represents a decrease to expenses in the periods indicated.

Earnings decreased during the quarter ended March 31, 2013 compared to 2012 primarily due to increased operating expenses, partially offset by increases in premiums and other policy revenues and a decrease in benefits.

Premiums and other revenues

Revenues from traditional life insurance products include scheduled premium payments from policyholders on whole life and term life products. The change in these premiums is impacted primarily by policy persistency and new sales during the period. Premiums increased during 2013 compared to 2012 primarily resulting from increased sales of term products, following the introduction of a new portfolio of term products during 2012.

Other policy revenues include mortality charges, earned policy service fees and surrender charges on interest-sensitive life insurance policies. These charges increased during 2013 compared to 2012 primarily due to the growing block of interest-sensitive life policies.

Benefits, losses and expenses

Benefits decreased during the quarter ended March 31, 2013 compared to 2012, primarily as the result of reserve balance decreases outpacing the related increase in benefit payments resulting from our continuation of unclaimed property research within our policies, and the improvement of our process for handling these claims during 2013 compared to 2012.

Commissions increased during 2013 compared to 2012 primarily due to increased sales of our term and equity-indexed universal life products.

Other operating costs and expenses increased during 2013 compared to 2012, as a result of an increase in expenses for share-based compensation under the stock and incentive plan, as well as increases in production bonuses and the growth in our life insurance in-force during 2013.

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The following table presents the components of the change in DAC (in thousands):

	Three months ended March 31,
	2013			2012			Change
Acquisition cost capitalized	$	25,908		$	17,676		$	8,232
Amortization of DAC		(19,959	)		(16,452	)		(3,507	)
Change in DAC (1)	$	5,949		$	1,224		$	4,725

(1) A positive amount of net change indicates more expense was deferred than amortized and represents a decrease to expenses in the periods indicated.

The change in DAC decreased expenses primarily as a result of an increase in acquisition costs capitalized during 2013 compared to 2012, primarily due to an increase in commissions from higher premiums.

Policy in-force information

The following tables summarize the changes in the Life segment’s in-force amounts (in thousands) and number of policies in-force:

	March 31, 2013		December 31, 2012		Change
Life insurance in-force
Traditional life	$	50,160,120	$	48,856,459	$	1,303,661
Interest-sensitive life		24,356,420		24,132,101		224,319
Total life insurance in-force	$	74,516,540	$	72,988,560	$	1,527,980
Number of policies in-force
Traditional life	$	2,062,552	$	2,122,666	$	(60,114	)
Interest-sensitive life		188,343		185,729		2,614
Total number of policies in-force	$	2,250,895	$	2,308,395	$	(57,500	)

There was an increase in total life insurance in-force amounts during 2013, while there was a decrease in the total number of policies. The increase in life insurance in-force amounts in our traditional life products is believed to be the result of consumers seeking contract guarantees due to the uncertain economic environment in recent years, while growth in both traditional and interest-sensitive in-force amounts can be attributed to the attractiveness of our new portfolio of products, ease of doing business, and new marketing approaches. The decrease in our policy count during 2013 is attributable to unclaimed property settlements, surrenders and lapses, as well as new business activity generally being comprised of fewer but larger face-value policies.

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Annuity

Annuity segment results for the periods indicated were as follows (in thousands):

	Three months ended March 31,
	2013		2012		Change
Premiums and other revenues
Premiums	$	32,696	$	28,412	$	4,284
Other policy revenues		3,640		3,395		245
Net investment income		164,045		166,237		(2,192	)
Other income		50		41		9
Total premiums and other revenues		200,431		198,085		2,346
Benefits, losses and expenses
Policyholder benefits		40,695		39,245		1,450
Interest credited to policyholder’s account balances		98,319		109,943		(11,624	)
Commissions for acquiring and servicing policies		10,393		13,891		(3,498	)
Other operating expenses		14,267		7,755		6,512
Change in deferred policy acquisition costs (1)		9,423		3,517		5,906
Total benefits and expenses		173,097		174,351		(1,254	)
Income (loss) before other items and federal income taxes	$	27,334	$	23,734	$	3,600

(1) A negative amount of net change indicates more expense was deferred than amortized and represents a decrease to expenses in the periods indicated.

Earnings increased in 2013 compared to 2012 primarily due to a decrease in interest credited to policyholders’ account balances which outpaced the related decrease in net investment income, partially offset by an increase in other operating expenses.

Premiums and other revenues

Annuity premium and deposit amounts received are shown below (in thousands):

	Three months ended March 31,
	2013		2012		Change
Fixed deferred annuity	$	64,994	$	163,247	$	(98,253	)
Single premium immediate annuity		56,753		46,011		10,742
Equity-indexed deferred annuity		37,192		22,498		14,694
Variable deferred annuity		29,166		26,382		2,784
Total premium and deposits		188,105		258,138		(70,033	)
Less: Policy deposits		155,409		229,726		(74,317	)
Total earned premiums	$	32,696	$	28,412	$	4,284

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We monitor account values and changes in those values as a key indicator of performance in our Annuity segment. Changes in account values are mainly the result of net inflows, surrenders, policy fees, interest credited and market value changes. Shown below are the changes in account values (in thousands):

	Three months ended March 31,
	2013			2012
Fixed deferred and equity-indexed annuity
Account value, beginning of period	$	9,803,197		$	9,824,416
Net inflows		58,397			116,636
Surrenders		(272,265	)		(190,425	)
Fees		(2,362	)		(2,196	)
Interest credited		96,784			109,283
Account value, end of period	$	9,683,751		$	9,857,714
Single premium immediate annuity
Reserve, beginning of period	$	1,075,638		$	978,722
Net inflows		17,524			10,949
Interest and mortality		9,419			10,470
Reserve, end of period	$	1,102,581		$	1,000,141
Variable deferred annuity
Account value, beginning of period	$	417,645		$	380,129
Net inflows		28,471			24,907
Surrenders		(30,439	)		(36,933	)
Fees		(1,248	)		(1,169	)
Change in market value and other		25,224			33,056
Account value, end of period	$	439,653		$	399,990

Fixed deferred annuity net inflows decreased during 2013 compared to 2012, primarily resulting from our management of these products to lower sales and to mitigate risks associated with investing in the persistently low interest rate environment.

An equity-indexed annuity allows a policyholder to participate in equity returns while also having certain downside protection from the guaranteed minimum returns defined in the product. Net inflows for this product increased during 2013 compared to 2012 primarily attributed to the attractiveness of this product compared to fixed annuities in the persistently low interest rate environment.

Single premium immediate annuity (“SPIA”) net inflows increased during 2013 compared to 2012, driven primarily by customers entering the market for guaranteed monthly payouts on a portion of their retirement dollars.

Net investment income decreased during 2013 compared to 2012, due to a decrease in investment yields and the decrease in account values of fixed deferred annuities, partially offset by a $4.4 million increase in realized gains from equity options used to hedge risk relating to equity-indexed annuities.

Benefits, losses and expenses

Policyholder benefits consist of annuity payments and reserve increases for SPIA contracts. Benefits are highly correlated to the sales volume of SPIA contracts and increased for 2013 compared to 2012.

Commissions decreased for 2013 compared to 2012 primarily due to reduced fixed deferred annuity production as well as decreases in commission rates on certain annuities.

The 2012 expense benefitted from a reduction in accrued expenses relating to final resolution of certain litigation being recorded as interest credited rather than operating expense. Excluding this reduction, the operating expense remained relatively level when comparing 2013 to 2012.

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The change in DAC represents acquisition costs capitalized less the amortization of existing DAC, which is calculated in proportion to gross profits. The following shows the components of the change in DAC (in thousands):

	Three months ended March 31,
	2013			2012			Change
Acquisition cost capitalized	$	13,229		$	17,570		$	(4,341	)
Amortization of DAC		(22,652	)		(21,087	)		(1,565	)
Change in DAC (1)	$	(9,423	)	$	(3,517	)	$	(5,906	)

⁽¹⁾ A positive amount of net change indicates more expense was deferred than amortized and represents a decrease to expenses in the periods indicated.

The change in DAC increased expenses primarily as DAC associated with surrenders was amortized, and the lower sales of new deferred annuity contracts resulted in less commissions being paid and deferred.

An important measure of the Annuity segment is amortization of DAC as a percentage of gross profits. The amortization of DAC as a percentage of gross profits for the quarter ended March 31, 2013 and 2012 was 37.1%, and 43.1%, respectively. The decrease in the ratio during 2013 was primarily driven by increased interest spreads.

Options and Derivatives

Shown below is the analysis of the impact to net investment income of the option return, along with the impact to interest credited of the equity-indexed annuity embedded derivative (in thousands):

	Three months ended March 31,
	2013		2012		Change
Net investment income
Without option return	$	140,178	$	146,736	$	(6,558	)
Option return		23,867		19,501		4,366
Interest credited to policy account balances
Without embedded derivative		77,900		91,458		(13,558	)
Equity-indexed annuity embedded derivative		20,419		18,485		1,934

Net investment income without option return decreased during 2013 primarily due to a decrease in account values of fixed deferred annuities. Interest credited to policyholders’ account balances without embedded derivative return decreased during 2013 due to a decrease in crediting rates and certain non-recurring expenses relating to settled litigation benefitting contract holders’ being charged to interest credited during 2012. Without this charge, the decrease would have amounted to $7.6 million from 2012, consistent with the decrease in net investment income without option return.

The option return, as well as the related equity-indexed annuity embedded derivative return, increased during 2013 compared to 2012 primarily as a result of a larger number of options held during 2013. Excluding this impact, option returns correlate to the 10.0% and 12.0% return of the S&P 500 Index during the quarters ended March 31, 2013 and 2012, respectively.

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Health

Health segment results for the periods indicated were as follows (in thousands):

	Three months ended March 31,
	2013			2012			Change
Premiums and other revenues
Premiums	$	52,729		$	57,054		$	(4,325	)
Net investment income		2,865			2,974			(109	)
Other income		4,206			3,826			380
Total premiums and other revenues		59,800			63,854			(4,054	)
Benefits, losses and expenses
Claims incurred		38,968			44,675			(5,707	)
Commissions for acquiring and servicing policies		6,572			6,259			313
Other operating expenses		13,397			11,818			1,579
Change in deferred policy acquisition costs (1)		1,549			2,554			(1,005	)
Total benefits and expenses		60,486			65,306			(4,820	)
Income (loss) before other items and federal income taxes	$	(686	)	$	(1,452	)	$	766

(1) A negative amount of net change indicates more expense was deferred than amortized and represents a decrease to expenses in the periods indicated.

Results during the quarter ended March 31, 2013 improved compared to the same period in 2012, driven primarily by a decrease in claims incurred, partially offset by a decrease in premiums.

Premiums and other revenues

Health earned premiums for the periods indicated are as follows (in thousands, except percentages):

	Three months ended March 31,
	2013					2012
	dollars		percentage			dollars		percentage
Medicare Supplement	$	23,460		44.5	%	$	23,515		41.2	%
Medical expense		8,219		15.6			10,045		17.6
Group health		8,067		15.3			10,837		19.0
MGU		4,687		8.9			4,225		7.4
Credit accident and health		3,992		7.6			4,530		7.9
All other		4,304		8.2			3,902		6.8
Total	$	52,729		100.0	%	$	57,054		100.0	%

Earned premiums decreased during the quarter ended March 31, 2013 compared to the same period in 2012, primarily resulting from the run-off of our closed block of medical expense insurance plans, which will continue decreasing. In addition, group health premiums, which are calculated as a percentage of claims, decreased proportionally with the decrease in claims.

Our in-force certificates or policies as of the dates indicated are as follows:

	Three months ended March 31,
	2013					2012
	number		percentage			number		percentage
Medicare Supplement		40,306		6.4	%		41,545		6.9	%
Medical expense		5,409		0.9			7,490		1.3
Group health		19,801		3.2			20,082		3.3
MGU		214,337		34.2			165,738		27.6
Credit accident and health		243,156		38.8			257,255		42.8
All other		103,533		16.5			108,815		18.1
Total		626,542		100.0	%		600,925		100.0	%

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Our total in-force policies increased during the quarter ended March 31, 2013 compared to the same period in 2012. Increases in the MGU line were partially offset by decreases in the credit accident and health and other lines. The MGU line increased due to increased production by existing MGU’s, and the addition of new MGUs.

Benefits, losses and expenses

Claims incurred decreased during the quarter ended March 31, 2013 compared to 2012 primarily as the result of the continued decline in the closed medical expense block and a decrease in group claim submissions.

Other operating expenses increased during the quarter ended March 31, 2013 compared to 2012 due primarily to an accrual on the MGU line for an anticipated payment to a state insurance guaranty pool.

Change in Deferred Policy Acquisition Costs

The following table presents the components of the change in DAC (in thousands):

	Three months ended March 31,
	2013			2012			Change
Acquisition cost capitalized	$	2,575		$	2,532		$	43
Amortization of DAC		(4,124	)		(5,086	)		962
Change in DAC (1)	$	(1,549	)	$	(2,554	)	$	1,005

(1) A positive amount of net change indicates more expense was deferred than amortized and represents a decrease to expenses in the periods indicated.

The change in DAC had a smaller impact on expenses during the quarter ended March 31, 2013 compared to the same period in 2012 due to reduced amortization on the declining aggregate health block of business.

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Property and Casualty

Property and Casualty results for the periods indicated were as follows (in thousands, except percentages):

	Three months ended March 31,
	2013			2012			Change
Premiums and other revenues
Net premiums written	$	268,217		$	281,249		$	(13,032	)
Net premiums earned	$	265,689		$	273,169		$	(7,480	)
Net investment income		16,300			17,699			(1,399	)
Other income		253			1,709			(1,456	)
Total premiums and other revenues		282,242			292,577			(10,335	)
Benefits, losses and expenses
Claims incurred		189,594			187,552			2,042
Commissions for acquiring and servicing policies		42,547			53,975			(11,428	)
Other operating expenses		30,881			29,699			1,182
Change in deferred policy acquisition costs (1)		6,311			(3,209	)		9,520
Total benefits and expenses		269,333			268,017			1,316
Income (loss) before other items and federal income taxes	$	12,909		$	24,560		$	(11,651	)
Loss ratio		71.4	%		68.7	%		2.7
Underwriting expense ratio		30.0			29.5			0.5
Combined ratio		101.4	%		98.2	%		3.2
Impact of catastrophe events on combined ratio		8.1			4.7			3.4
Combined ratio without impact of catastrophe events		93.3	%		93.5	%		(0.2	)
Gross catastrophe losses	$	26,797		$	13,970		$	12,827
Net catastrophe losses		21,688			13,237			8,451

(1) A negative amount of net change indicates more expense was deferred than amortized and represents a decrease to expenses in the periods indicated.

Earnings declined during the quarter ended March 31, 2013 compared to 2012 primarily due to an increase in claims incurred associated with catastrophe events.

Premiums and other revenues

Net premiums written decreased during the quarter ended March 31, 2013 compared to 2012 resulting from changes in credit-related property products, which resulted in both lower premium and lower commissions. Net premiums earned decreased due primarily to decreases in our personal auto line. Personal and Commercial product net written premiums were virtually flat overall due to a combination of fewer policies-in-force being offset by rating actions intended to match rates with underlying risks.

Benefits, losses and expenses

Claims incurred increased during the quarter ended March 31, 2013 compared to 2012 as a result of an increase in catastrophe losses. In the first quarter of 2013 there were four catastrophe events with net losses of $21.7 million, compared to $13.3 million from six events during the same period in 2012. The combined ratio, excluding net catastrophe impact, remained relatively flat during 2013 compared to 2012.

Commissions decreased during 2013 compared to 2012 primarily due to a shift from commission to non-commission credit-related property products, which also have lower premiums.

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The change in DAC during the quarter ended March 31, 2013 increased total expenses compared to 2012. The higher expense is attributable to capitalized costs on credit-related property products written in prior years being amortized while newer credit-related property products sold with lower revenue and without commissions resulted in lower cost being capitalized in the current period. We regularly review the recoverability of DAC, and if the actual emergence of future profitability were to be substantially lower than estimated, we would accelerate DAC amortization to account for any recoverability issues or premium deficiency. We have not historically experienced these issues with our DAC balances.

Products

Our Property and Casualty segment consists of: (i) Personal, which we market primarily to individuals, represent 59.6% of net premiums written, (ii) Commercial, which focus primarily on agricultural and other commercial markets, represent 32.5% of net premiums written, and (iii) Credit-related property insurance products, which are marketed to and through financial institutions and retailers represent 7.9% of net premiums written.

Personal Products

Personal products results for the periods indicated were as follows (in thousands, except percentages):

	Three months ended March 31,
	2013			2012			Change
Net premiums written
Auto	$	103,607		$	108,339		$	(4,732	)
Homeowner		46,711			45,262			1,449
Other Personal		9,505			9,365			140
Total net premiums written		159,823			162,966			(3,143	)
Net premiums earned
Auto		100,409			107,202			(6,793	)
Homeowner		51,511			52,183			(672	)
Other Personal		8,902			8,942			(40	)
Total net premiums earned	$	160,822		$	168,327		$	(7,505	)
Loss ratio
Auto		81.8	%		71.2	%		10.6
Homeowner		79.4			83.7			(4.3	)
Other Personal		46.7			34.8			11.9
Personal line loss ratio		79.1	%		73.2	%		5.9
Combined Ratio
Auto		103.9	%		91.9	%		12.0
Homeowner		103.6			107.5			(3.9	)
Other Personal		68.5			57.6			10.9
Personal line combined ratio		101.8	%		94.9	%		6.9

Personal Automobile: Net premiums written and earned decreased in our personal automobile line during 2013 compared to 2012 primarily due to a decline in policies in-force. The loss and combined ratios increased during 2013 compared to 2012 due to an increase in catastrophe-related losses as well as non-catastrophe weather- related losses.

Homeowners: Net premiums written increased during 2013 compared to 2012 primarily due to higher premium rates for policies sold in 2013. The loss and combined ratios decreased during 2013 compared to 2012 due to improved rate adequacy.

Other Personal: These products include watercraft, rental-owner and umbrella coverages for individuals seeking to protect their personal property and liability not covered within their homeowner and auto policies. Net premiums written and earned remained substantially unchanged during 2013 compared to 2012. Premiums for these products generally trend with the homeowners and personal automobile lines as policies are typically sold in conjunction with one another.

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Commercial Products

Commercial products results for the periods indicated were as follows (in thousands, except percentages):

	Three months ended March 31,
	2013			2012			Change
Net premiums written
Other Commercial	$	37,593		$	36,975		$	618
Agribusiness		25,702			24,480			1,222
Auto		23,925			24,390			(465	)
Total net premiums written		87,220			85,845			1,375
Net premiums earned
Other Commercial		30,789			30,264			525
Agribusiness		26,493			26,081			412
Auto		19,182			19,824			(642	)
Total net premiums earned	$	76,464		$	76,169		$	295
Loss ratio
Other Commercial		48.8	%		90.0	%		(41.2	)
Agribusiness		105.8			65.8			40.0
Auto		70.6			70.7			(0.1	)
Commercial line loss ratio		74.0	%		76.7	%		(2.7	)
Combined ratio
Other Commercial		78.5	%		119.1	%		(40.6	)
Agribusiness		142.0			100.7			41.3
Auto		96.0			95.1			0.9
Commercial line combined ratio		104.9	%		106.5	%		(1.6	)

Other Commercial: Net premiums written and earned increased during 2013 compared to 2012. The loss and combined ratios during 2013 decreased significantly compared to 2012 primarily due to the frequency and severity of workers’ compensation claims during the period.

Agribusiness Product: Our agribusiness product allows policyholders to customize and cover their agriculture exposure using a package policy which includes coverage for residences and household contents, farm buildings and building contents, personal and commercial liability and personal property. Net premiums written and earned increased in 2013 as compared to 2012, primarily as a result of increased average premium per policy due to rate increases throughout 2012. The loss and combined ratios increased significantly during 2013 compared to 2012, primarily as the result of an increase in catastrophe losses as well as non-catastrophe weather related losses.

Credit-related property products

Credit-related property products results for the periods indicated were as follows (in thousands, except percentages):

	Three months ended March 31,
	2013			2012			Change
Net premiums written	$	21,174		$	32,438		$	(11,264	)
Net premiums earned		28,403			28,674			(271	)
Loss ratio		20.3	%		20.9	%		(0.6	)%
Combined ratio		97.8	%		96.6	%		1.2	%

Credit-related property products are offered on automobiles, furniture and appliances in connection with the financing of those items. These policies pay an amount if the insured property is lost or damaged and the amount paid is not directly related to an event affecting the consumer’s ability to pay the debt. The primary distribution channel for credit-related property insurance is general agents who market to sellers of covered products and financial institutions.

Net premiums written decreased during 2013 compared to 2012 as sales and premiums shift from Guaranteed Auto Protection (“GAP”) Insurance to GAP Waiver, a lower premium debt protection product.

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Corporate and Other

Corporate and Other segment results for the periods indicated were as follows (in thousands):

	Three months ended March 31,
	2013		2012		Change
Premiums and other revenues
Net investment income	$	11,207	$	9,881	$	1,326
Realized investment gains, net		16,951		6,971		9,980
Other income		1,945		549		1,396
Total premiums and other revenues		30,103		17,401		12,702
Benefits, losses and expenses
Commissions		22		—		22
Other operating expenses		13,494		8,428		5,066
Total benefits and expenses		13,516		8,428		5,088
Income (loss) before other items and federal income taxes	$	16,587	$	8,973	$	7,614

Earnings increased during the quarter ended March 31, 2013 compared to 2012 primarily due to increases in realized gains, partially offset by an increase in other operating expenses. The increase in realized gains was driven primarily by a $6.6 million realized gain on sale of investment real estate in addition to a $1.3 million increase on gains from equity securities. Other operating expenses increased during 2013 due to an increase in interest expense on a new note payable, which related to a joint venture. Other-than-temporary impairments of $1.6 million and $2.8 million during the quarter ended March 31, 2013 and 2012, respectively, are included in “Realized investment gains, net.”

Investments

We manage our investment portfolio to optimize the rate of return commensurate with sound and prudent asset selection and to maintain a well-diversified portfolio. Our investment operations are regulated by the state insurance departments where we or our insurance subsidiaries are domiciled. Investment activities, including the setting of investment policies and defining an acceptable risk appetite, are subject to review and approval by our Board of Directors, which is assisted by our Finance Committee and Management Risk Committee.

Our insurance and annuity products are primarily supported by investment-grade bonds, and to a lesser extent collateralized mortgage obligations and commercial mortgage loans. We purchase fixed maturity securities and designate them as either held-to-maturity or available-for-sale considering our estimated future cash flow needs. We also monitor the composition of our fixed maturity securities classified as held-to-maturity and available-for-sale and adjust the mix within the portfolio as investments mature or new investments are purchased.

We invest in commercial mortgage loans when the yield and credit risk compare favorably with fixed maturity securities. Individual residential mortgage loans have not been part of our investment portfolio, and we do not anticipate investing in them in the future. We invest in real estate and equity securities based on a risk and reward analysis where we believe there are opportunities for enhanced returns.

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Composition of Invested Assets

The following summarizes the carrying values of our invested assets (other than investments in unconsolidated affiliates) by asset class (in thousands, except percentages):

	March 31, 2013				December 31, 2012
	Amount		Percent		Amount		Percent
Bonds held-to-maturity, at amortized cost	$	9,061,438		46.5	$	9,009,282		46.8
Bonds available-for-sale, at fair value		4,769,136		24.5		4,665,576		24.3
Equity securities, at fair value		1,208,788		6.2		1,075,439		5.6
Mortgage loans on real estate, net of allowance		3,170,510		16.2		3,143,011		16.2
Policy loans		393,710		2.0		395,333		2.1
Investment real estate, net of accumulated depreciation		513,400		2.6		511,233		2.7
Short-term investments		233,101		1.2		313,086		1.6
Other invested assets		147,203		0.8		125,104		0.7
Total investments	$	19,497,286		100.0	$	19,238,064		100.0

The increase in our total investments at March 31, 2013 as compared to December 31, 2012 was primarily a result of purchases with the net proceeds of annuity and life premium and investment income.

Each component of our invested assets and its related revenues are described further in the Notes to the Unaudited Consolidated Financial Statements. Additionally, Note 2, Summary of Significant Accounting Policies and Practices, of the Notes to the Consolidated Financial Statements within our Annual Report on Form 10-K for the year ended December 31, 2012 filed with the SEC on March 8, 2013 contains a detailed description of the Company’s methodology for evaluating other-than-temporary impairment losses on its investments.

Bonds—We allocate most of our fixed maturity securities to support our insurance business. At March 31, 2013, our fixed maturity securities had an estimated fair market value of $14.6 billion, which was $1.1 billion, or 8.5%, above amortized cost. At December 31, 2012, our fixed maturity securities had an estimated fair value of $14.5 billion, which was $1.2 billion, or 8.9%, above amortized cost.

Fixed maturity securities’ estimated fair value, due in one year or less, decreased to $1.6 billion as of March 31, 2013 from $1.7 billion as of December 31, 2012, primarily as a result of maturities in the quarter ended March 31, 2013 and the approaching maturity dates of long-term bonds.

The following table identifies the total bonds by credit quality rating, using both Standard & Poor’s and Moody’s ratings (in thousands, except percentages):

	March 31, 2013						December 31, 2012
	Amortized		Estimated		% of Fair		Amortized		Estimated		% of Fair
	Cost		Fair Value		Value		Cost		Fair Value		Value
AAA	$	679,551	$	741,914		5.1	$	731,004	$	796,658		5.5
AA		1,470,401		1,587,559		10.9		1,412,669		1,536,119		10.6
A		5,414,949		5,901,723		40.3		5,044,344		5,549,050		38.2
BBB		5,351,018		5,801,496		39.6		5,538,870		6,004,743		41.4
BB and below		563,520		597,151		4.1		598,862		619,757		4.3
Total	$	13,479,439	$	14,629,843		100.0	$	13,325,749	$	14,506,327		100.0

We expect the exposure to below investment grade securities to decrease as these bonds approach maturity. We do not own direct investments in sovereign debt issued by Greece, Ireland, Italy, Portugal or Spain.

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Equity Securities—Our equity portfolio consists of companies publicly traded on U.S. national stock exchanges; the cost and estimated value of the equity securities are as follows (in thousands):

	March 31, 2013
			Unrealized		Unrealized					% of Fair
	Cost		Gains		Losses			Fair Value		Value
Common stock	$	692,332	$	482,712	$	(6,553	)	$	1,168,491		96.7
Preferred stock		27,690		12,607		—			40,297		3.3
Total	$	720,022	$	495,319	$	(6,553	)	$	1,208,788		100.0
	December 31, 2012
			Unrealized		Unrealized					% of Fair
	Cost		Gains		Losses			Fair Value		Value
Common stock	$	660,889	$	383,634	$	(6,739	)	$	1,037,784		96.5
Preferred stock		27,690		9,995		(30	)		37,655		3.5
Total	$	688,579	$	393,629	$	(6,769	)	$	1,075,439		100.0

Mortgage Loans—We invest in commercial mortgage loans that are diversified by property-type and geography to support our insurance business. Generally, mortgage loans are secured by first liens on income-producing real estate with a loan-to-value ratio of up to 75%. Mortgage loans held-for-investment are carried at outstanding principal balances, adjusted for any unamortized premium or discount, deferred fees or expenses, and net of allowances. The weighted average coupon yield on the principal funded for mortgage loans was 5.1% and 5.5% at March 31, 2013 and December 31, 2012, respectively. It is likely that the weighted average coupon yield on funded mortgage loans will decline as loans mature and new loans are originated with lower rates in the current interest rate environment.

Policy Loans—For certain life insurance products, policyholders may borrow funds using the policy’s cash value as collateral. The maximum amount of the policy loan depends upon the policy’s surrender value and the number of years since policy origination. As of March 31, 2013, we had $393.7 million in policy loans with a loan to surrender value of 58.8%, and at December 31, 2012, we had $395.3 million in policy loans with a loan to surrender value of 59.5%. Interest rates on policy loans primarily range from 3.0% to 12.0% per annum. Policy loans may be repaid at any time by the policyholder and have priority to any claims on the policy. If the policyholder fails to repay the policy loan, funds are withdrawn from the policy’s benefits.

Investment Real Estate—We invest in commercial real estate with positive cash flows or where appreciation in value is expected. Real estate may be owned directly by our insurance companies, non-insurance affiliates or joint ventures. The carrying value of real estate is stated at cost, less accumulated depreciation and valuation allowances, if any. Depreciation is provided over the estimated useful lives of the properties.

Short-Term Investments—Short-term investments are primarily commercial paper rated at least A2/P2 by Standard & Poor’s and Moody’s, respectively. The amount fluctuates depending on the available long-term investment opportunities and our liquidity needs, including mortgage investment-funding commitments.

Net Investment Income and Realized Gains (Losses)

Net investment income from bonds and mortgage loans decreased $6.8 million for the quarter ended March 31, 2013, compared to the same period during 2012. The decrease was the result of bonds with lower interest yields making up a larger percentage of our bond portfolio as older bonds purchased when interest rates were higher mature. Net investment income in other asset classes (equity securities, real estate, options and other) increased $2.5 million during 2013 primarily resulting from increased option returns during 2013 compared to 2012.

Interest income on mortgage loans is accrued on the principal amount of the loan based on the contractual interest rate. Accretion of discounts is recorded using the effective yield method. Interest income, accretion of discounts and prepayment fees are reported in net investment income. Interest is not accrued on loans generally more than 90 days past due or when the collection of interest is not considered probable. Loans in foreclosure are placed on non-accrual status. Interest received on non-accrual status mortgage loans is included in net investment income in the period received.

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Realized gains increased $10.0 million during the quarter ended March 31, 2013 compared to the same period in 2012, primarily as a result of realized gains on sales of investment real estate and equity securities.

Net Unrealized Gains and Losses

The net unrealized gains on available-for-sale securities at March 31, 2013 and December 31, 2012 were $839.9 and $736.0 million, respectively; a net gain of $103.9 million for the quarter ended March 31, 2013. Unrealized gains or losses on available-for-sale securities have no impact on earnings. Rather, they are recognized as other comprehensive income or loss, which directly impacts equity. The gross unrealized gains of available-for-sale securities increased $101.3 million to $858.6 million for the quarter ended March 31, 2013 primarily resulting from increases in equity securities. The gross unrealized losses of available-for-sale securities decreased to $18.7 million from $21.4 million. The $2.7 million decrease in gross unrealized losses during the quarter ended March 31, 2013 primarily resulted from recognizing a portion of the unrealized losses as other-than-temporary impairments and including them in realized gains.

The gross unrealized gains of held-to-maturity securities decreased $30.1 million to $809.3 million during the quarter ended March 31, 2013 primarily related to corporate debt securities. The gross unrealized losses of held-to-maturity securities increased $2.1 million to $10.1 million during 2013 primarily related to corporate debt securities.

The fair value of our investment securities is affected by fixed maturity securities approaching maturity and for all investments by various factors, including volatility of financial markets, changes in interest rates and fluctuations in credit spread. We have the ability and intent to hold those securities in unrealized loss positions until a market price recovery or maturity. Further, it is unlikely that we will be required to sell them prior to recovery, and recovery is expected in a reasonable period of time.

Liquidity

Our liquidity requirements have been and are expected to continue to be met by funds from operations, comprised of premiums received from our customers and investment income. The primary use of cash has been and is expected to continue to be payment of policyholder benefits and claims incurred. Current and expected patterns of claim frequency and severity may change from period to period and continue to be within historical norms. Management considers our current liquidity position to be sufficient to meet anticipated demands over the next twelve months. Our contractual obligations are not expected to have a significant negative impact to cash flow from operations.

Current continued low-interest rate environments are expected to curtail our appetite to sell the volume of annuity contracts we sold in previous years and to require us to consider higher than historical contributions to our defined benefit plans covering our employees. There are no other known trends or uncertainties regarding product pricing, changes in product lines or rising costs, that would have a significant impact to cash flows from operations. Additionally, we have paid dividends to stockholders for over 100 consecutive years and expect to continue this trend. No unusually large capital expenditures are expected in the next 12-24 months.

The funds received as premium payments and deposits are invested in bonds and commercial mortgages. Funds are invested with the intent that income from the investments and proceeds from the maturities will meet our ongoing cash flow needs. Historically we have not had to liquidate invested assets in order to cover cash flow needs. Our portfolio of highly liquid available-for-sale investment securities are available to meet future liquidity needs as necessary.

Our cash, cash equivalents and short-term investment position was $346.3 million and $616.1 million at March 31, 2013 and December 31, 2012, respectively. The $269.8 million decrease relates primarily to increased opportunity in long-term investments during the quarter.

A downgrade or a potential downgrade in our financial strength ratings could result in a loss of business and could adversely affect our cash flow from operations. Further information regarding additional sources or uses of cash is described in Note 16, Commitments and Contingencies, of the Notes to the Unaudited Consolidated Financial Statements.

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Capital Resources

Our capital resources are summarized below (in thousands):

	March 31,		December 31,
	2013		2012
American National stockholders’ equity, excluding accumulated other comprehensive income (loss), net of tax (“AOCI”)	$	3,628,610	$	3,585,826
AOCI		307,754		242,010
Total American National stockholders’ equity	$	3,936,364	$	3,827,836

We have notes payable that are not part of our capital resources relating to amounts borrowed by real estate joint ventures that we consolidate into our financial statements. The lenders for the notes payable have no recourse against us in the event of default by the joint ventures. Therefore, the only amount of liability we have for these notes payable is limited to our investment in the respective ventures, which totaled $18.0 million and $18.1 million at March 31, 2013 and December 31, 2012, respectively.

The changes in our capital resources are summarized below (in thousands):

	March 31,
	2013
Net income	$	59,971
Increase (decrease) in unrealized gains		62,719
Minimum pension liability adjustment		2,876
Dividends to shareholders		(20,710	)
Other		3,672
Total	$	108,528

Statutory Capital and Surplus and Risk-based Capital

Statutory capital and surplus is the capital of our insurance companies reported in accordance with accounting practices prescribed or permitted by the applicable state insurance departments. Risk-based capital (“RBC”) is a standard calculated using formulas and instructions from the National Association of Insurance Commissioners (“NAIC”). State laws specify regulatory actions if an insurer’s ratio of statutory capital and surplus to RBC falls below certain levels. The RBC formula for life insurance companies establishes capital requirements for asset, interest rate, market, insurance and business risks. The RBC formula for property and casualty insurance companies establishes capital requirements for asset and underwriting risks including reserve risk.

The achievement of long-term growth will require growth in American National Insurance Company’s statutory capital and surplus. Our subsidiaries may obtain additional statutory capital through various sources, such as retained statutory earnings or equity contributions from us. As of December 31, 2012, the levels of our and our insurance subsidiaries’ capital and surplus exceeded the minimum RBC requirements.

Contractual Obligations

Our future cash payments associated with claims and claims adjustment expenses, life, annuity and disability obligations, contractual obligations pursuant to operating leases for office space and equipment, and notes payable have not materially changed since December 31, 2012. We expect to have the capacity to pay our obligations as they come due.

45

Off-Balance Sheet Arrangements

We have off-balance sheet arrangements relating to third-party marketing operation bank loans discussed in Note 16, Commitments and Contingencies, of the Notes to the Unaudited Consolidated Financial Statements. We could be exposed to a liability for these loans, which are supported by the cash value of the underlying insurance contracts. The cash value of the life insurance policies is designed to always equal or exceed the balance of the loans, accordingly, management does not foresee any loss related to these arrangements.

Related-Party Transactions

We have various agency, consulting and service arrangements with individuals and corporations that are considered to be related parties. Each of these arrangements has been reviewed and approved by our Audit Committee, which retains final decision-making authority for these transactions. The total amount involved in these arrangements, both individually and in the aggregate, is not material to any segment or to our overall operations. For additional details see Note 17, Related Party Transactions, of the Notes to the Unaudited Consolidated Financial Statements.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Our market risks have not changed materially from those disclosed in our 2012 Annual Report on Form 10-K filed with the SEC on March 8, 2013.

ITEM 4. CONTROLS AND PROCEDURES

The Company maintains disclosure controls and procedures (as that term is defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (Exchange Act)) that are designed to ensure that information required to be disclosed in the Company’s reports under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms, and that such information is accumulated and communicated to the Company’s management, including its Chief Executive Officer and Corporate Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosures.

Any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives. The Company’s management, with the participation of the Company’s Chief Executive Officer and Corporate Chief Financial Officer, has evaluated the effectiveness of the design and operation of the Company’s disclosure controls and procedures as of March 31, 2013. Based upon that evaluation and subject to the foregoing, the Company’s Chief Executive Officer and Corporate Chief Financial Officer concluded that, as of March 31, 2013, the design and operation of the Company’s disclosure controls and procedures were effective to accomplish their objectives at the reasonable assurance level.

Management has monitored the internal controls over financial reporting, including any material changes to the internal control over financial reporting. There were no changes in the Company’s internal control over financial reporting (as that term is defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) that occurred during the quarter ended March 31, 2013 that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting.

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PART II – OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

Information required for Item 1 is incorporated by reference to the discussion under the heading “Litigation” in Note 16, Commitments and Contingencies, of the Notes to the Unaudited Consolidated Financial Statements.

ITEM 1A. RISK FACTORS

There have been no material changes with respect to the risk factors as previously disclosed in our 2012 Annual Report on Form 10-K filed with the SEC on March 8, 2013.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

None.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4. MINE SAFETY DISCLOSURES

Not Applicable.

ITEM 5. OTHER INFORMATION

None.

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ITEM 6. EXHIBITS

Exhibit Number	Basic Documents
3.1	Restated Articles of Incorporation, as amended (incorporated by reference to Exhibit No. 3.1 to the registrant’s Registration Statement on Form 10-12B filed April 10, 2009).
3.2	Amended and Restated Bylaws (incorporated by reference to Exhibit No. 3.2 to the registrant’s Current Report on Form 8-K filed May 2, 2012).
10.12*	Form of Restricted Stock Agreement for Officers under the American National Insurance Company Amended and Restated 1999 Stock and Incentive Plan (the “Stock and Incentive Plan”)(grants on or after March 1, 2013)(filed herewith).
10.13*	Form of Restricted Stock Unit Agreement for Officers under the Stock and Incentive Plan (grants on or after March 1, 2013)(filed herewith).
10.14*	Form of Restricted Stock Unit Agreement for Directors under the Stock and Incentive Plan (grants on or after March 1, 2013)(filed herewith).
31.1	Certification of the principal executive officer pursuant to Section 302 of the Sarbanes- Oxley Act of 2002 (filed herewith).
31.2	Certification of the principal financial officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (filed herewith).
32.1	Certification of the principal executive officer and principal financial officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (filed herewith).
101	The following unaudited financial information from American National Insurance Company’s Quarterly Report on Form 10-Q for quarterly period ended March 31, 2013 formatted in eXtensible Business Reporting Language (“XBRL”): (i) Consolidated Statements of Financial Position, (ii) Consolidated Statements of Operations, (iii) Consolidated Statements of Comprehensive Income (Loss), (iv) Consolidated Statements of Changes in Stockholders’ Equity, (v) Consolidated Statements of Cash Flows, and (vi) Notes to the Unaudited Consolidated Financial Statements.

* Management contract or compensatory plan or arrangement

SIGNATURES

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

By:	/s/ Robert L. Moody
	Name: Robert L. Moody
	Title: Chairman of the Board, Chief Executive Officer
By:	/s/ John J. Dunn, Jr.
	Name: John J. Dunn, Jr.,
	Title: Executive Vice President, Corporate Chief Financial Officer

Date: May 7, 2013

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EX-10.12

Exhibit 10.12

RESTRICTED STOCK AGREEMENT

THIS RESTRICTED STOCK AGREEMENT (this “Agreement”) is made as of the 1st day of March, 2013, between AMERICAN NATIONAL INSURANCE COMPANY, a Texas insurance corporation (the “Company”), and                      (the “Employee”).

1) Award. Pursuant to the AMERICAN NATIONAL INSURANCE COMPANY 1999 STOCK AND INCENTIVE PLAN (as amended, the “Plan”), as of the date of this Agreement and upon execution of this Agreement, [insert number of shares] shares (the “Restricted Shares”) of the Company’s common stock, par value $1.00 per share, shall be issued as hereinafter provided in the Employee’s name subject to certain restrictions thereon. The Restricted Shares shall be issued upon acceptance hereof by the Employee and upon satisfaction of the conditions of this Agreement. The Employee acknowledges receipt of a copy of the Plan, and agrees that this award of Restricted Shares shall be subject to all of the terms and provisions of the Plan, including future amendments thereto, if any, pursuant to the terms thereof.

2) Restricted Shares. The Employee hereby accepts the Restricted Shares when issued and agrees with respect thereto as follows:

a) Forfeiture Restrictions. The Restricted Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of to the extent then subject to the Forfeiture Restrictions (as hereinafter defined), and in the event of termination of the Employee’s employment with the Company for any reason whatsoever (whether by the Employee or the Company, voluntary or involuntary, or with or without cause), the Employee shall, for no consideration, forfeit to the Company all Restricted Shares to the extent then subject to the Forfeiture Restrictions. Upon any such forfeiture of any of the Restricted Shares, the Company will have the Certificate representing such shares registered in the name of the Company. The prohibition against transfer and the obligation to forfeit and surrender Restricted Shares to the Company upon termination of employment are herein referred to as the “Forfeiture Restrictions.” The foregoing notwithstanding, Employee may transfer the Restricted Shares to any member (a “Family Member”) of Employee’s family (within the meaning of Section 318(a)(1) of the Internal Revenue Code of 1986, as amended), to any trust benefiting one or more Family Members, to any partnership whose partners include one or more Family Members or to a charitable organization. The Forfeiture Restrictions shall be binding upon and enforceable against any such transferee of Restricted Shares.

b) Lapse of Forfeiture Restrictions. The Forfeiture Restrictions shall lapse as to the 100% of the Restricted Shares as of March 1, 2023 provided that Employee remains continuously employed by the Company until such date. In addition, if Employee retires from employment with the Company and the Company consents to such retirement as a retirement for purposes of this Agreement, the Forfeiture Restrictions shall lapse as to 100% of the Restricted Shares on the date of the Employee’s retirement. The Forfeiture Restrictions shall also lapse as to 100% of the Restricted Shares on (i) the date the Employee’s employment with the Company is terminated by reason of death or (ii) the date the Company determines, in good faith, that, by reason of a physical or mental condition which has existed for thirty days, the Employee is no longer able to perform the material duties of the position he had with the Company immediately prior to inception of such condition.

c) Certificates and Transfer Instructions. A certificate evidencing the Restricted Shares shall be issued by the Company in the Employee’s name, pursuant to which the Employee shall have all of the rights of a shareholder of the Company with respect to the Restricted Shares, including, without limitation, voting rights and the right to receive dividends (provided, however, that dividends paid in shares of the Company’s stock shall be subject to the Forfeiture Restrictions). The certificate shall be delivered upon issuance to the Secretary of the Company or to such other depository as may be designated by the Company as a depository for safekeeping until the forfeiture of such Restricted Shares occurs or the Forfeiture Restrictions lapse pursuant to the terms of the Plan and this Agreement. Upon the parties’ execution of this Agreement, the Employee shall deliver to the Company a stock power, endorsed in blank, relating to the Restricted Shares then subject to the Forfeiture Restrictions. Upon the lapse of the Forfeiture Restrictions without forfeiture, the Company shall cause a new certificate or certificates to be issued without legend (except for any legend required pursuant to applicable securities laws or any other agreement to which the Employee is a party) in the name of the Employee in exchange for the certificate evidencing the Restricted Shares. At all times while the Restricted Shares are subject to the Forfeiture Restrictions, the Company shall have the right to issue to its Stock transfer agent such stop transfer instructions as it determines are appropriate or necessary to protect its rights under the Plan and this Agreement.

d) Corporate Acts. The existence of the Restricted Shares shall not affect in any way the right or power of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Company’s capital structure or its business, any merger or consolidation of the Company, any issue of debt or equity securities, the dissolution or liquidation of the Company or any sale, lease, exchange or other disposition of all or any part of its assets or business or any other corporate act or proceeding. The prohibitions of Section 2(a) hereof shall not apply to the transfer of Restricted Shares pursuant to a plan of reorganization of the Company, but the stock, securities or other property received in exchange therefor shall also become subject to the Forfeiture Restrictions and provisions governing the lapsing of such Forfeiture Restrictions applicable to the original Restricted Shares for all purposes of this Agreement and the certificates representing such stock, securities or other property shall be legended to show such restrictions.

3) Withholding of Tax. To the extent that the receipt of the Restricted Shares or the lapse of any Forfeiture Restrictions results in compensation income to the Employee for federal or state income tax purposes, the Employee shall deliver to the Company at the time of such receipt or lapse, as the case may be, such amount of money as the Company may require to meet its obligation under applicable tax laws or regulations, and, if the Employee fails to do so, the Company is authorized to withhold from any remuneration then or thereafter payable to the Employee any tax required to be withheld by reason of such resulting compensation income.

4) Status of Stock. If requested to do so by the Company, the Employee will execute and deliver to the Company in writing an agreement containing such provisions as the Company may require to assure compliance with applicable securities laws.

The Employee agrees that the Restricted Shares are being acquired by the Employee for investment without a view to distribution, within the meaning of the Act, and shall not be sold, transferred, assigned, pledged or hypothecated in the absence of an effective registration statement for the shares under the Securities Act of 1933 (the “Act”) and applicable state securities laws or an applicable exemption from the registration requirements of the Act and any applicable state securities laws. The Employee also agrees that the Restricted Shares will not be sold or otherwise disposed of in any manner which would constitute a violation of any applicable federal or state securities laws.

In addition, the Employee agrees that (i) the certificates representing the Restricted Shares may bear such legend or legends as the Company deems appropriate in order to reflect the Forfeiture Restrictions and to assure compliance with applicable securities laws, (ii) the Company may refuse to register the transfer of the Restricted Shares on the stock transfer records of the Company if such proposed transfer would constitute a violation of the Forfeiture Restrictions or, in the opinion of counsel satisfactory to the Company, any applicable securities law, and (iii) the Company may give related instructions to its transfer agent, if any, to stop registration of the transfer of the Restricted Shares.

5) Employment Relationship. For purposes of this Agreement, the Employee shall be considered to be in the employment of the Company as long as the Employee remains an employee of either the Company, a parent or subsidiary corporation of the Company or any successor corporation. Any question as to whether and when there has been a termination of such employment, and the cause of such termination, shall be determined by the Company, and its determination shall be final.

6) Notices. Any notices or other communications provided for in this Agreement shall be sufficient if in writing. In the case of the Employee, such notices or communications shall be effectively delivered if hand delivered to the Employee at his principal place of employment or if sent by registered or certified mail to the Employee at the last address he has filed with the Company. In the case of the Company, such notices or communications shall be effectively delivered if sent by registered or certified mail to the Company at its principal executive offices.

7. Construction and Administration. The Board of Directors of the Company has the power to construe the Plan and this Agreement and to prescribe such rules and regulations relating thereto as it may deem advisable. The Board of Directors of the Company also has the authority, in the exercise of its sole and exclusive discretion, to correct any defect or supply any omission or reconcile any inconsistency in this Agreement or in the Plan in the manner and to the extent it shall deem appropriate. The determinations and actions of the Board of Directors shall be conclusive.

8. Binding Effect. This Agreement shall be binding upon and inure to the benefit of any successors to the Company and all persons lawfully claiming under the Employee.

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9. Controlling Law. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Texas.

IN WITNESS WHEREOF, the Company has caused this Agreement to be duly executed by an officer thereunto duly authorized, and the Employee has executed this Agreement, all as of the date first above written.

AMERICAN NATIONAL INSURANCE COMPANY
By:
	[name, title]
	“Company”
[insert officer name]
	“Employee”

3

EX-10.13

Exhibit 10.13

RESTRICTED STOCK UNIT AGREEMENT

THIS RESTRICTED STOCK UNIT AGREEMENT (this “Agreement”) is made as of this 1st day of March, 2013, between AMERICAN NATIONAL INSURANCE COMPANY, a Texas insurance company (the “Company”), and                     (the “Recipient”).

1. Award. Pursuant to the AMERICAN NATIONAL INSURANCE COMPANY 1999 STOCK AND INCENTIVE PLAN (as amended, the “Plan”), as of the date of this Agreement and upon execution of this Agreement, [insert number of RSUs awarded] restricted stock units (“Restricted Stock Units”) shall be issued to the Recipient as hereinafter provided subject to certain restrictions thereon. The Recipient hereby: (i) accepts the Restricted Stock Units, subject to the terms and conditions of this Agreement; and (ii) acknowledges receipt of a copy of the Plan and agrees that this award of Restricted Stock Units shall be subject to all of the terms and provisions of the Plan, including future amendments thereto, if any, pursuant to the terms thereof.

2. Vesting and Settlement.

(a) Vesting by Required Service. Provided that the Recipient serves continuously in the employment of the Company until such date, the Restricted Stock Units shall become vested (then, “Vested RSUs”) in accordance with following schedule (“Required Service”):

Date of Lapse	Number of Restricted Stock Units
March 1, 2014	[insert number equal to/approximate to 1/3 of RSUs awarded]
March 1, 2015	[insert number equal to/approximate to 1/3 of RSUs awarded]
March 1, 2016	[insert number equal to/approximate to 1/3 of RSUs awarded]

(b) Vesting by Retirement, Death or Disability. Notwithstanding anything to the contrary in Section 2(a), if Recipient has served continuously in the employment of the Company until such date, any Restricted Stock Units which had not previously vested shall become vested on the first to occur of Retirement, Death or Disability, each as defined below:

(i) “Retirement” shall occur on the effective date of the Recipient’s retirement at or after attaining the age of 65.

(ii) “Death” shall be the date of the Recipient’s death.

(iii) “Disability” shall be the date the Company determines, in good faith, that, by reason of a physical or mental condition which has existed for thirty days or more, the Recipient is no longer able to perform the material duties of the position with the Company then held by Recipient.

(c) Beneficiary upon Death. Notwithstanding anything to the contrary contained in any will or testament previously or in the future executed by Recipient, Recipient hereby designates the person listed in Section 11 below as the beneficiary of any Restricted Stock Units vesting upon Recipient’s Death.

Such beneficiary designation may be revoked or modified by written notice of Recipient to the Company. If all of the beneficiary blanks below are not completed, Recipient’s estate will be the beneficiary in the event of Recipient’s death.

Any references to “Recipient” herein shall in the event of Recipient’s death mean the beneficiary as provided in this Section 2(c).

(d) Settlement of Vested RSUs.

(i) Any Restricted Stock Units that become Vested RSUs shall be settled as soon as administratively practicable after the date such Restricted Stock Units become Vested RSUs. Subject to the provisions of Sections 2(d)(ii) and (iii) below, Restricted Stock Units shall be settled by the Company by delivering a number of shares (“Shares”) of the Company’s common stock, par value $1.00 per share, to the Recipient equal to the number of Vested RSUs. The Company may issue the Shares either in certificated or uncertificated form registered in the name of the Recipient. Delivery of the Shares may be made to the Recipient in person at the Company’s home office or to the Recipient’s last address reflected in the records of the Company. Neither the Recipient nor any of the Recipient’s successors, heirs, assigns or personal representatives shall have any further rights or interests in the Vested RSUs which are settled in accordance with this Section 2(d). Notwithstanding anything herein to the contrary, the Company has no obligation to deliver any Shares if counsel to the Company determines that such delivery would violate any applicable law or any rule or regulation of any governmental authority or any rule or regulation of, or agreement of the Company with, any securities exchange or association upon which the Company’s common stock is listed or quoted. The Company shall in no event be obligated to take any affirmative action to comply with any such law, rule, regulation or agreement in order to cause the delivery of Shares.

(ii) Recipient may elect to have all or a specified portion of the Vested RSUs settled and converted to cash by completing, signing and delivering to the Company a “Settlement Option Notice,” as described herein, in the manner and by the deadline prescribed by the Settlement Option Notice. The Company shall provide Recipient a Settlement Option Notice prior to the settlement of any Vested RSUs. The Settlement Option Notice will provide options for Recipient to elect to receive all or certain portions specified in the Settlement Option Notice of the Vested RSUs in cash. If a properly completed and signed Settlement Option Notice is not delivered to the Company by the deadline specified, the Company will settle all Vested RSUs for shares, except as provided in Section 2(d)(i) above. Vested RSUs converted to cash as described in this Section 2(d) will be converted at the following price: (i) the closing price of the Shares on the date on which the Restricted Stock Units vest, if the Shares are traded on a national exchange on such date; or (ii) otherwise, the Fair Market Value, as defined in the Plan, on the date on which the Restricted Stock Units vest.

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(iii) Unless the Recipient provides otherwise in the Settlement Option Notice, the Company shall withhold all federal, state, local and other taxes applicable to the vesting and settlement of Vested RSUs at the time of such settlement. Unless Recipient provides otherwise in the Settlement Option Notice, the Company shall obtain the cash necessary for such withholding by reducing the number of Vested RSUs settled and converting to cash those Vested RSUs which remain unsettled. If the Settlement Option Notice instructs that taxes are not be withheld, such notice must include an explanation satisfactory to the Company, in its sole discretion, as to how the tax and withholding obligations associated with the Vested RSUs have been addressed. If the Company’s calculation of the number of Vested RSUs necessary to satisfy the tax withholding obligations results in a fractional number of Vested RSUs, the number of Shares to be issued shall be rounded down to the nearest whole number and the number of Vested RSUs to be used to provide cash for the withholding taxes shall be rounded up to the nearest whole number.

(e) Clawback Provision. The incentive compensation award pursuant to which the Restricted Stock Units are granted contains a “clawback” provision. Under the terms of such “clawback” provision, any incentive based compensation paid pursuant to such award is subject to recovery if paid within the 3-year period preceding the date on which the Company is required to prepare an accounting restatement due to an Inaccurate Financial Statement, as defined in such award. Accordingly, notwithstanding any other provisions of this Agreement, if the Company is entitled to recovery, whether full or partial, under any of Recipient’s incentive compensation awards when the Restricted Stock Units vest, the Company may refuse to settle all or such portion of such Vested RSUs and instead retain the cash value from such unsettled RSUs to the extent necessary to satisfy any “clawback” recovery from Recipient.

3. Restrictions on and Limitations of Restricted Stock Units.

(a) Restrictions on Transfer. Except for Restricted Stock Units which transfer to Recipient’s beneficiary upon Recipient’s death, the Restricted Stock Units, whether or not vested, may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of.

(b) Forfeiture of Restricted Stock Units. In the event the Recipient’s employment with the Company terminates for any reason, other than Retirement, Death or Disability, the Recipient shall, for no consideration, forfeit all Restricted Stock Units which were not vested on such date.

(c) Rights Associated With Units. Unless and until settled pursuant to this Agreement, the Restricted Stock Units do not confer any dividend rights, voting rights or any other rights as a shareholder of the Company. The Restricted Stock Units shall be evidenced only by the books of the Company, and no certificate shall be issued in respect thereof.

3

(d) Corporate Acts. The existence of the Restricted Stock Units shall not affect in any way the right or power of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Company’s capital structure or its business, any merger or consolidation of the Company, any issue of debt or equity securities, the dissolution or liquidation of the Company or any sale, lease, exchange or other disposition of all or any part of its assets or business or any other corporate act or proceeding. The prohibitions of Section 3(a) hereof shall not apply to the transfer of Restricted Stock Units pursuant to a plan of reorganization of the Company, but the stock, securities or other property received in exchange therefor shall also become subject to the restrictions and provisions applicable to the original Restricted Stock Units for all purposes of this Agreement.

4. Securities Regulation. The Shares may not be sold or otherwise disposed of in any manner that would constitute a violation of any applicable federal or state securities laws.

5. Employment Relationship. For purposes of this Agreement, the Recipient shall be considered to be in the employment of the Company as long as the Recipient remains an employee of the Company, a parent or subsidiary corporation of the Company or any successor corporation. Any question as to whether and when there has been a termination of such employment, and the cause of such termination, shall be determined by the Company, and its determination shall be final.

6. Notices. Any notices or other communications provided for in this Agreement shall be sufficient if in writing and if made in accordance with any form, content and timing requirements provided herein. In the case of the Recipient, such notices or communications shall be effectively delivered if hand delivered to the Recipient at his principal place of employment or if sent by registered or certified mail to the Recipient at the last address he has filed with the Company. In the case of the Company, such notices or communications shall be effectively delivered if sent by registered or certified mail to the Company at its principal executive offices.

7. Construction and Administration. The Board of Directors of the Company has the power to construe the Plan and this Agreement and to prescribe such rules and regulations relating thereto as it may deem advisable. The Board of Directors of the Company also has the authority, in the exercise of its sole and exclusive discretion, to correct any defect or supply any omission or reconcile any inconsistency in this Agreement or in the Plan in the manner and to the extent it shall deem appropriate. The determinations and actions of the Board of Directors shall be conclusive.

8. Plan Summary & Prospectus. The Recipient acknowledges receipt of a Plan Summary & Prospectus. The Recipient agrees that the Company shall have the right, from time to time, to revise and amend the Plan Summary & Prospectus in the Company’s sole and absolute discretion.

9. Binding Effect. This Agreement shall be binding upon and inure to the benefit of any successors to the Company and all persons lawfully claiming under the Recipient.

10. Controlling Law. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Texas.

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[signatures on next page]

11. Beneficiary Designation. The following person is hereby designated as “beneficiary” pursuant to Section 2(c) above:

Beneficiary

Street Address

City

State

Zip

IN WITNESS WHEREOF, the Company has caused this Agreement to be duly executed by an officer thereunto duly authorized, and the Recipient has executed this Agreement, all as of the date first above written.

AMERICAN NATIONAL INSURANCE COMPANY
By:
	[name, title]
	[insert officer name], Recipient

5

EX-10.14

Exhibit 10.14

RESTRICTED STOCK UNIT AGREEMENT

THIS RESTRICTED STOCK UNIT AGREEMENT (this “Agreement”) is made as of this 1st day of March, 2013, between AMERICAN NATIONAL INSURANCE COMPANY, a Texas insurance company (the “Company”), and                     (the “Recipient”).

1. Award. Pursuant to the AMERICAN NATIONAL INSURANCE COMPANY 1999 STOCK AND INCENTIVE PLAN (as amended, the “Plan”), as of the date of this Agreement and upon execution of this Agreement, [insert number of RSUs awarded] restricted stock units (“Restricted Stock Units”) shall be issued to the Recipient as hereinafter provided subject to certain restrictions thereon. The Recipient hereby: (i) accepts the Restricted Stock Units, subject to the terms and conditions of this Agreement; and (ii) acknowledges receipt of a copy of the Plan and agrees that this award of Restricted Stock Units shall be subject to all of the terms and provisions of the Plan, including future amendments thereto, if any, pursuant to the terms thereof.

2. Vesting and Settlement.

(a) Vesting by Required Service. Provided that the Recipient serves continuously as a director or advisory director of the Company until such date, the Restricted Stock Units shall become vested (then, “Vested RSUs”) in accordance with following schedule (“Required Service”):

Date of Lapse	Number of Restricted Stock Units
March 1, 2014	[insert number equal to/approximate to 1/3 of RSUs awarded]
March 1, 2015	[insert number equal to/approximate to 1/3 of RSUs awarded]
March 1, 2016	[insert number equal to/approximate to 1/3 of RSUs awarded]

(b) Vesting by Retirement, Death or Disability. Notwithstanding anything to the contrary in Section 2(a), if Recipient has served continuously as a director or advisory director of the Company until such date, any Restricted Stock Units which had not previously vested shall become vested on the first to occur of Retirement, Death or Disability, each as defined below:

(iv) “Retirement” shall occur on the effective date of the Recipient’s retirement as a director or advisory director of the Company at or after attaining the age of 65.

(v) “Death” shall be the date of the Recipient’s death.

(vi) “Disability” shall be the date the Company determines, in good faith, that, by reason of a physical or mental condition which has existed for thirty days or more, the Recipient is no longer able to perform the material duties of a director or an advisory director of the Company.

(c) Beneficiary upon Death. Notwithstanding anything to the contrary contained in any will or testament previously or in the future executed by Recipient, Recipient hereby designates the person listed in Section 11 below as the beneficiary of any Restricted Stock Units vesting upon Recipient’s Death.

Such beneficiary designation may be revoked or modified by written notice of Recipient to the Company. If all of the beneficiary blanks below are not completed, Recipient’s estate will be the beneficiary in the event of Recipient’s death.

Any references to “Recipient” herein shall in the event of Recipient’s death mean the beneficiary as provided in this Section 2(c).

(d) Settlement of Vested RSUs.

(i) Any Restricted Stock Units that become Vested RSUs shall be settled as soon as administratively practicable after the date such Restricted Stock Units become Vested RSUs. Subject to the provisions of Sections 2(d)(ii) and (iii) below, Restricted Stock Units shall be settled by the Company by delivering a number of shares (“Shares”) of the Company’s common stock, par value $1.00 per share, to the Recipient equal to the number of Vested RSUs. The Company may issue the Shares either in certificated or uncertificated form registered in the name of the Recipient. Delivery of the Shares may be made to the Recipient in person at the Company’s home office or to the Recipient’s last address reflected in the records of the Company. Neither the Recipient nor any of the Recipient’s successors, heirs, assigns or personal representatives shall have any further rights or interests in the Vested RSUs which are settled in accordance with this Section 2(d). Notwithstanding anything herein to the contrary, the Company has no obligation to deliver any Shares if counsel to the Company determines that such delivery would violate any applicable law or any rule or regulation of any governmental authority or any rule or regulation of, or agreement of the Company with, any securities exchange or association upon which the Company’s common stock is listed or quoted. The Company shall in no event be obligated to take any affirmative action to comply with any such law, rule, regulation or agreement in order to cause the delivery of Shares.

(ii) Recipient may elect to have all or a specified portion of the Vested RSUs settled and converted to cash by completing, signing and delivering to the Company a “Settlement Option Notice,” as described herein, in the manner and by the deadline prescribed by the Settlement Option Notice. The Company shall provide Recipient a Settlement Option Notice prior to the settlement of any Vested RSUs. The Settlement Option Notice will provide options for Recipient to elect to receive all or certain portions specified in the Settlement Option Notice of the Vested RSUs in cash. If a properly completed and signed Settlement Option Notice is not delivered to the Company by the deadline specified, the Company will settle all Vested RSUs for shares, except as provided in Section 2(d)(i) above. Vested RSUs converted to cash as described in this Section 2(d) will be converted at the following price: (i) the closing price of the Shares on the date on which the Restricted Stock Units vest, if the Shares are traded on a national exchange on such date; or (ii) otherwise, the Fair Market Value, as defined in the Plan, on the date on which the Restricted Stock Units vest.

2

(iii) Unless the Recipient provides otherwise in the Settlement Option Notice, the Company shall withhold all federal, state, local and other taxes applicable to the vesting and settlement of Vested RSUs at the time of such settlement. Unless Recipient provides otherwise in the Settlement Option Notice, the Company shall obtain the cash necessary for such withholding by reducing the number of Vested RSUs settled and converting to cash those Vested RSUs which remain unsettled. If the Settlement Option Notice instructs that taxes are not to be withheld, such notice must include an explanation satisfactory to the Company, in its sole discretion, as to how the tax and withholding obligations associated with the Vested RSUs have been addressed. If the Company’s calculation of the number of Vested RSUs necessary to satisfy the tax withholding obligations results in a fractional number of Vested RSUs, the number of Shares to be issued shall be rounded down to the nearest whole number and the number of Vested RSUs to be used to provide cash for the withholding taxes shall be rounded up to the nearest whole number.

3. Restrictions on and Limitations of Restricted Stock Units.

(a) Restrictions on Transfer. Except for Restricted Stock Units which transfer to Recipient’s beneficiary upon Recipient’s death, the Restricted Stock Units, whether or not vested, may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of.

(b) Forfeiture of Restricted Stock Units. In the event the Recipient’s service as a director or an advisory director of the Company terminates for any reason, other than Retirement, Death or Disability, the Recipient shall, for no consideration, forfeit all Restricted Stock Units which were not vested on such date.

(c) Rights Associated With Units. Unless and until settled pursuant to this Agreement, the Restricted Stock Units do not confer any dividend rights, voting rights or any other rights as a shareholder of the Company. The Restricted Stock Units shall be evidenced only by the books of the Company, and no certificate shall be issued in respect thereof.

(d) Corporate Acts. The existence of the Restricted Stock Units shall not affect in any way the right or power of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Company’s capital structure or its business, any merger or consolidation of the Company, any issue of debt or equity securities, the dissolution or liquidation of the Company or any sale, lease, exchange or other disposition of all or any part of its assets or business or any other corporate act or proceeding. The prohibitions of Section 3(a) hereof shall not apply to the transfer of Restricted Stock Units pursuant to a plan of reorganization of the Company, but the stock, securities or other property received in exchange therefor shall also become subject to the restrictions and provisions applicable to the original Restricted Stock Units for all purposes of this Agreement.

4. Securities Regulation. The Shares may not be sold or otherwise disposed of in any manner that would constitute a violation of any applicable federal or state securities laws.

3

5. Service Relationship. For purposes of this Agreement, the Recipient shall be considered to be a director or an advisory director of the Company as long as the Recipient remains a director or an advisory director of the Company or any successor corporation. Any question as to whether and when there has been a termination of such service, and the cause of such termination, shall be determined by the Company, and its determination shall be final.

6. Notices. Any notices or other communications provided for in this Agreement shall be sufficient if in writing and if made in accordance with any form, content and timing requirements provided herein. In the case of the Recipient, such notices or communications shall be effectively delivered if hand delivered to the Recipient at his principal place of employment or if sent by registered or certified mail to the Recipient at the last address he has filed with the Company. In the case of the Company, such notices or communications shall be effectively delivered if sent by registered or certified mail to the Company at its principal executive offices.

7. Construction and Administration. The Board of Directors of the Company has the power to construe the Plan and this Agreement and to prescribe such rules and regulations relating thereto as it may deem advisable. The Board of Directors of the Company also has the authority, in the exercise of its sole and exclusive discretion, to correct any defect or supply any omission or reconcile any inconsistency in this Agreement or in the Plan in the manner and to the extent it shall deem appropriate. The determinations and actions of the Board of Directors shall be conclusive.

8. Plan Summary & Prospectus. The Recipient acknowledges receipt of a Plan Summary & Prospectus. The Recipient agrees that the Company shall have the right, from time to time, to revise and amend the Plan Summary & Prospectus in the Company’s sole and absolute discretion.

9. Binding Effect. This Agreement shall be binding upon and inure to the benefit of any successors to the Company and all persons lawfully claiming under the Recipient.

10. Controlling Law. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Texas.

11. Beneficiary Designation. The following person is hereby designated as “beneficiary” pursuant to Section 2(c) above:

Beneficiary

Street Address

City

State

Zip

4

IN WITNESS WHEREOF, the Company has caused this Agreement to be duly executed by an officer thereunto duly authorized, and the Recipient has executed this Agreement, all as of the date first above written.

AMERICAN NATIONAL INSURANCE COMPANY
By:
	[name, title]
	[insert name], Recipient

5

EX-31.1

Exhibit 31.1

CERTIFICATION

I, Robert L. Moody, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of American National Insurance Company;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the consolidated financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of consolidated financial statements for external purposes in accordance with the generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls over financial reporting.

/s/ Robert L. Moody                                    

Robert L. Moody,

Chairman of the Board,

Chief Executive Officer

(Principal Executive Officer)

Date: May 7, 2013

EX-31.2

Exhibit 31.2

CERTIFICATION

I, John J. Dunn, Jr., certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of American National Insurance Company;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the consolidated financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of consolidated financial statements for external purposes in accordance with the generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls over financial reporting.

/s/ John J. Dunn, Jr.                                    

John J. Dunn, Jr.,

Executive Vice President,

Corporate Chief Financial Officer

(Principal Financial Officer)

Date: May 7, 2013

EX-32.1

Exhibit 32.1

SECTION 906 CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350

OF PRINCIPAL EXECUTIVE OFFICER AND PRINCIPAL FINANCIAL OFFICER

AMERICAN NATIONAL INSURANCE COMPANY

In connection with the Quarterly Report of American National Insurance Company (the “Company”) on Form 10-Q for the quarter ended March 31, 2013, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), We, Robert L. Moody, Chief Executive Officer of the Company and John J. Dunn, Jr., Corporate Chief Financial Officer of the Company certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to our knowledge:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ Robert L. Moody                                    

Robert L. Moody

Chairman of the Board,

Chief Executive Officer

(Principal Executive Officer)

/s/ John J. Dunn, Jr.                                    

John J. Dunn, Jr.

Executive Vice President,

Corporate Chief Financial Officer

(Principal Financial Officer)

Dated: May 7, 2013

This certification is being furnished as an exhibit to the Report pursuant to Item 601(b)(32) of Regulation S-K and Section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of Section 1350, Chapter 63 of Title 18, United States Code) and, accordingly, will not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section. This certification will not be incorporated by reference into any filing under the Securities Act or the Exchange Act, except to the extent that the Company specifically incorporates it by reference.

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Related Party Transactions (Tables)

3 Months Ended

Mar. 31, 2013

Related Party Transactions [Abstract]

Related Party Transactions

The impact on the consolidated financial statements of the significant related party transactions for the periods indicated is shown below (in thousands):

		Dollar Amount of Transactions				Amount due to/(from) American National
		Three months ended March 31,				March 31,			December 31,
Related Party	Financial Statement Line Impacted	2013		2012		2013			2012
Gal-Tex Hotel Corporation	Mortgage loan on real estate	$	280	$	260	$	8,610		$	8,890
Gal-Tex Hotel Corporation	Net investment income		159		179		52			54
Greer, Herz and Adams, LLP	Other operating costs and expenses		2,131		1,958		(429	)		(268	)

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Mortgage Loans - Allowance for Credit Losses and Unpaid Principal Balance in Commercial Mortgage Loans (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Dec. 31, 2012
Receivables [Abstract]
Allowance for credit losses, Collectively Evaluated for Impairment, Beginning Balance	$ 11,519
Change in allowance, Collectively Evaluated for Impairment	(288)
Allowance for credit losses, Collectively Evaluated for Impairment, Ending Balance	11,231
Financing receivable, Collectively Evaluated for Impairment	3,090,343	3,063,908
Allowance for credit losses, Individually Evaluated for Impairment, Beginning balance	493
Change in allowance, Individually Evaluated for Impairment
Allowance for credit losses, Individually Evaluated for Impairment, Ending balance	493
Financing receivable, Individually Evaluated for Impairment	109,331	109,537
Allowance for credit losses, Beginning Balance	12,012
Change in allowance	(288)
Allowance for Credit Losses, Ending Balance	11,724
Financing receivable, gross	$ 3,199,674	$ 3,173,445

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Investments in Securities - Equity Securities With Market Sector Distribution (Detail) (Equity securities [Member])	3 Months Ended	12 Months Ended
	Mar. 31, 2013	Dec. 31, 2012
Equity Securities By Market Distribution [Line Items]
Equity securities with market sector distribution	100.00%	100.00%
Consumer goods [Member]
Equity Securities By Market Distribution [Line Items]
Equity securities with market sector distribution	20.30%	20.30%
Financials [Member]
Equity Securities By Market Distribution [Line Items]
Equity securities with market sector distribution	18.40%	18.90%
Information technology [Member]
Equity Securities By Market Distribution [Line Items]
Equity securities with market sector distribution	15.10%	16.90%
Energy and utilities [Member]
Equity Securities By Market Distribution [Line Items]
Equity securities with market sector distribution	16.60%	15.80%
Health [Member]
Equity Securities By Market Distribution [Line Items]
Equity securities with market sector distribution	13.10%	12.70%
Industrials [Member]
Equity Securities By Market Distribution [Line Items]
Equity securities with market sector distribution	8.80%	9.10%
Other [Member]
Equity Securities By Market Distribution [Line Items]
Equity securities with market sector distribution	7.70%	6.30%

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Liability for Unpaid Claims and Claim Adjustment Expenses - Liability for Unpaid Claims and Claim Adjustment Expenses (Detail) (USD $) In Thousands, unless otherwise specified			3 Months Ended
	Mar. 31, 2013	Dec. 31, 2012	Mar. 31, 2013 Property And Casualty Accident And Health [Member]	Mar. 31, 2012 Property And Casualty Accident And Health [Member]
Liability For Unpaid Claims And Claims Adjustment Expense Net
Unpaid claims balance, beginning			$ 1,168,047	$ 1,180,259
Less reinsurance recoverables	407,297	418,743	256,885	235,174
Net beginning balance			911,162	945,085
Incurred related to
Current			254,035	258,886
Prior years			(23,037)	(25,720)
Total incurred claims			230,998	233,166
Paid claims related to
Current			92,894	100,383
Prior years			133,698	138,587
Total paid claims			226,592	238,970
Net balance			915,568	939,281
Plus reinsurance recoverables	407,297	418,743	240,844	232,251
Unpaid claims balance, ending			$ 1,156,412	$ 1,171,532

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Mortgage Loans - Loans Individually Evaluated for Impairment With and Without Allowance (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended	12 Months Ended
	Mar. 31, 2013	Dec. 31, 2012
Financing Receivable, Impaired [Line Items]
Recorded Investment	$ 108,838	$ 109,044
Unpaid Principal Balance	108,838	109,044
Average Recorded Investment	108,941	109,590
Interest Income Recognized	1,820	7,339
Retail [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	17,180	17,180
Unpaid Principal Balance	17,180	17,180
Average Recorded Investment	17,180	17,329
Interest Income Recognized	283	1,129
Recorded Investment	493	493
Unpaid Principal Balance	493	493
Average Recorded Investment
Interest Income Recognized
Office [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	36,433	36,544
Unpaid Principal Balance	36,433	36,544
Average Recorded Investment	36,489	36,710
Interest Income Recognized	613	2,452
Other [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	55,225	55,320
Unpaid Principal Balance	55,225	55,320
Average Recorded Investment	55,272	55,551
Interest Income Recognized	$ 924	$ 3,758

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Stockholders' Equity and Noncontrolling Interests - Common Stock, Amounts Outstanding (Detail)	Mar. 31, 2013	Dec. 31, 2012
Regulated Operations [Abstract]
Shares issued	30,832,449	30,832,449
Treasury shares	(3,939,037)	(3,995,785)
Outstanding shares	26,893,412	26,836,664
Restricted shares	(195,334)	(185,334)
Unrestricted outstanding shares	26,698,078	26,651,330

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Investments in Securities - Gross Unrealized Losses on Investment Securities and Estimated Fair Value Securities (Detail) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2012
Investment [Line Items]
Bonds held-to-maturity, Less than 12 months, Unrealized Losses	$ (7,286)	$ (4,547)
Bonds held-to-maturity, Less than 12 months, Estimated Fair Value	591,920	334,172
Bonds held-to-maturity, 12 months or more, Unrealized Losses	(2,786)	(3,437)
Bonds held-to-maturity, 12 months or more, Estimated Fair Value	70,909	64,378
Bonds held-to-maturity, Total, Unrealized Losses	(10,072)	(7,984)
Bonds held-to-maturity, Total, Estimated Fair Value	662,829	398,550
Investment in securities, Less than 12 months, Unrealized Losses	(16,693)	(13,540)
Investment in securities, Less than 12 months, Estimated Fair Value	920,826	649,043
Investment in securities, More than 12 months, Unrealized Losses	(12,033)	(15,805)
Investment in securities, More than 12 months, Fair Value	149,761	143,505
Investment in securities, Total, Unrealized Losses	(28,726)	(29,345)
Investment in securities, Total, Estimated Fair Value	1,070,587	792,548
U.S. states and political subdivisions [Member]
Investment [Line Items]
Bonds held-to-maturity, Less than 12 months, Unrealized Losses	(5)	(6)
Bonds held-to-maturity, Less than 12 months, Estimated Fair Value	3,193	914
Bonds held-to-maturity, 12 months or more, Unrealized Losses		(1)
Bonds held-to-maturity, 12 months or more, Estimated Fair Value	80	80
Bonds held-to-maturity, Total, Unrealized Losses	(5)	(7)
Bonds held-to-maturity, Total, Estimated Fair Value	3,273	994
Available-for-sale securities, Less than 12 months, Unrealized Losses	(766)	(105)
Available-for-sale securities, Less than 12 months, Estimated Fair Value	47,655	6,523
Available-for-sale securities, 12 months or more, Unrealized Losses
Available-for-sale securities, 12 months or more, Estimated Fair Value
Available-for-sale securities, Total, Unrealized (Losses)	(766)	(105)
Available-for-sale securities, Total, Estimated Fair Value	47,655	6,523
Corporate debt securities [Member]
Investment [Line Items]
Bonds held-to-maturity, Less than 12 months, Unrealized Losses	(6,985)	(4,394)
Bonds held-to-maturity, Less than 12 months, Estimated Fair Value	566,983	319,434
Bonds held-to-maturity, 12 months or more, Unrealized Losses	(2,111)	(2,388)
Bonds held-to-maturity, 12 months or more, Estimated Fair Value	46,872	39,632
Bonds held-to-maturity, Total, Unrealized Losses	(9,096)	(6,782)
Bonds held-to-maturity, Total, Estimated Fair Value	613,855	359,066
Available-for-sale securities, Less than 12 months, Unrealized Losses	(2,083)	(2,077)
Available-for-sale securities, Less than 12 months, Estimated Fair Value	228,313	242,261
Available-for-sale securities, 12 months or more, Unrealized Losses	(9,041)	(12,111)
Available-for-sale securities, 12 months or more, Estimated Fair Value	70,342	70,187
Available-for-sale securities, Total, Unrealized (Losses)	(11,124)	(14,188)
Available-for-sale securities, Total, Estimated Fair Value	298,655	312,448
Residential mortgage-backed securities [Member]
Investment [Line Items]
Bonds held-to-maturity, Less than 12 months, Unrealized Losses	(296)	(147)
Bonds held-to-maturity, Less than 12 months, Estimated Fair Value	21,744	13,824
Bonds held-to-maturity, 12 months or more, Unrealized Losses	(675)	(1,048)
Bonds held-to-maturity, 12 months or more, Estimated Fair Value	23,957	24,666
Bonds held-to-maturity, Total, Unrealized Losses	(971)	(1,195)
Bonds held-to-maturity, Total, Estimated Fair Value	45,701	38,490
Available-for-sale securities, Less than 12 months, Unrealized Losses	(1)	(34)
Available-for-sale securities, Less than 12 months, Estimated Fair Value	110	1,527
Available-for-sale securities, 12 months or more, Unrealized Losses	(191)	(232)
Available-for-sale securities, 12 months or more, Estimated Fair Value	7,787	8,029
Available-for-sale securities, Total, Unrealized (Losses)	(192)	(266)
Available-for-sale securities, Total, Estimated Fair Value	7,897	9,556
U.S. treasury and other U.S. government corporations and agencies [Member]
Investment [Line Items]
Available-for-sale securities, Less than 12 months, Unrealized Losses	(1)
Available-for-sale securities, Less than 12 months, Estimated Fair Value	5,624
Available-for-sale securities, 12 months or more, Unrealized Losses
Available-for-sale securities, 12 months or more, Estimated Fair Value
Available-for-sale securities, Total, Unrealized (Losses)	(1)
Available-for-sale securities, Total, Estimated Fair Value	5,624
Collateralized debt securities [Member]
Investment [Line Items]
Available-for-sale securities, Less than 12 months, Unrealized Losses	(3)	(8)
Available-for-sale securities, Less than 12 months, Estimated Fair Value	286	527
Available-for-sale securities, 12 months or more, Unrealized Losses	(15)	(25)
Available-for-sale securities, 12 months or more, Estimated Fair Value	723	911
Available-for-sale securities, Total, Unrealized (Losses)	(18)	(33)
Available-for-sale securities, Total, Estimated Fair Value	1,009	1,438
Bonds available-for-sale [Member]
Investment [Line Items]
Available-for-sale securities, Less than 12 months, Unrealized Losses	(2,854)	(2,224)
Available-for-sale securities, Less than 12 months, Estimated Fair Value	281,988	250,838
Available-for-sale securities, 12 months or more, Unrealized Losses	(9,247)	(12,368)
Available-for-sale securities, 12 months or more, Estimated Fair Value	78,852	79,127
Available-for-sale securities, Total, Unrealized (Losses)	(12,101)	(14,592)
Available-for-sale securities, Total, Estimated Fair Value	360,840	329,965
Common stock [Member]
Investment [Line Items]
Available-for-sale securities, Less than 12 months, Unrealized Losses	(6,553)	(6,739)
Available-for-sale securities, Less than 12 months, Estimated Fair Value	46,918	64,003
Available-for-sale securities, 12 months or more, Unrealized Losses
Available-for-sale securities, 12 months or more, Estimated Fair Value
Available-for-sale securities, Total, Unrealized (Losses)	(6,553)	(6,739)
Available-for-sale securities, Total, Estimated Fair Value	46,918	64,003
Equity securities [Member]
Investment [Line Items]
Available-for-sale securities, Less than 12 months, Unrealized Losses	(6,553)	(6,769)
Available-for-sale securities, Less than 12 months, Estimated Fair Value	46,918	64,033
Available-for-sale securities, 12 months or more, Unrealized Losses
Available-for-sale securities, 12 months or more, Estimated Fair Value
Available-for-sale securities, Total, Unrealized (Losses)	(6,553)	(6,769)
Available-for-sale securities, Total, Estimated Fair Value	46,918	64,033
Preferred stock [Member]
Investment [Line Items]
Available-for-sale securities, Less than 12 months, Unrealized Losses		(30)
Available-for-sale securities, Less than 12 months, Estimated Fair Value		30
Available-for-sale securities, 12 months or more, Unrealized Losses
Available-for-sale securities, 12 months or more, Estimated Fair Value
Available-for-sale securities, Total, Unrealized (Losses)		(30)
Available-for-sale securities, Total, Estimated Fair Value		$ 30

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Deferred Policy Acquisition Costs (Tables)

3 Months Ended

Mar. 31, 2013

Insurance [Abstract]

Deferred Policy Acquisition Costs

Deferred policy acquisition costs and premiums are shown below (in thousands):

							Accident			Property &
	Life			Annuity			& Health			Casualty			Total
Beginning balance 2013	$	653,416		$	406,540		$	49,206		$	138,513		$	1,247,675
Additions		25,908			13,229			2,575			49,827			91,539
Amortization		(19,959	)		(22,652	)		(4,124	)		(56,138	)		(102,873	)
Effect of change in unrealized gains on available-for-sale securities		(2,314	)		208			—			—			(2,106	)
Net change		3,635			(9,215	)		(1,549	)		(6,311	)		(13,440	)
Ending balance at March 31, 2013		657,051			397,325			47,657			132,202			1,234,235

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Stockholders' Equity and Noncontrolling Interests - Stock-Based Compensation Information (Detail) (USD $)	3 Months Ended
	Mar. 31, 2013
Stock Appreciation Rights [Member]
Authorized Classes Of Cumulative Preferred And Preference Stocks [Line Items]
Beginning balance, Shares	108,951
Granted, Shares	0
Exercised, Shares	(200)
Forfeited, Shares	(134)
Expired, Shares	(4,600)
Ending balance, Shares	104,017
Weighted-Average Grant Date Fair Value, beginning balance	$ 111.31
Weighted-Average Grant Date Fair Value, Granted	$ 0.00
Weighted-Average Grant Date Fair Value, Exercised	$ 66.76
Weighted-Average Grant Date Fair Value, Forfeited	$ 66.76
Weighted Average Grant Date Fair Value, Expired	$ 111.95
Weighted-Average Grant Date Fair Value, ending balance	$ 111.42
Weighted-average contractual remaining life	2 years 7 months 6 days
Weighted-average exercise price	$ 111.42
Exercisable shares	88,292
Weighted-average exercise price Exercisable shares	$ 111.27
Restricted Stock Awards [Member]
Authorized Classes Of Cumulative Preferred And Preference Stocks [Line Items]
Beginning balance, Shares	185,334
Granted, Shares	10,000
Exercised, Shares	0
Forfeited, Shares	0
Expired, Shares	0
Ending balance, Shares	195,334
Weighted-Average Grant Date Fair Value, beginning balance	$ 109.13
Weighted-Average Grant Date Fair Value, Granted	$ 80.05
Weighted-Average Grant Date Fair Value, Exercised	$ 0.00
Weighted-Average Grant Date Fair Value, Forfeited	$ 0.00
Weighted Average Grant Date Fair Value, Expired	$ 0.00
Weighted-Average Grant Date Fair Value, ending balance	$ 107.64
Weighted-average contractual remaining life	4 years 9 months 18 days
Weighted-average exercise price	$ 107.64
Restricted Stock Units [Member]
Authorized Classes Of Cumulative Preferred And Preference Stocks [Line Items]
Beginning balance, Shares	127,059
Granted, Shares	71,084
Exercised, Shares	(74,580)
Forfeited, Shares	(99)
Expired, Shares	0
Ending balance, Shares	123,464
Weighted-Average Grant Date Fair Value, beginning balance	$ 75.06
Weighted-Average Grant Date Fair Value, Granted	$ 80.05
Weighted-Average Grant Date Fair Value, Exercised	$ 77.03
Weighted-Average Grant Date Fair Value, Forfeited	$ 77.20
Weighted Average Grant Date Fair Value, Expired	$ 0.00
Weighted-Average Grant Date Fair Value, ending balance	$ 76.74
Weighted-average contractual remaining life	2 years 4 months 24 days
Weighted-average exercise price	$ 76.74
Exercisable shares

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Federal Income Taxes - Additional Information (Detail) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Dec. 31, 2012
Income Tax Disclosure [Abstract]
Income taxes paid or refunded, net	$ 0	$ 6,425,000
Valuation allowance	0		0
Ordinary loss tax carryforwards	13,421,000		23,041,000
Operating loss carryforwards expiration dates	Ordinary loss tax carryforwards will expire at the end of tax year 2033.
Interest or penalties recognized	$ 0	$ 0

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Investment Real Estate - Investment Real Estate by Property-Type and Geographic Distribution (Detail) (Real estate investment [Member])	3 Months Ended	12 Months Ended
	Mar. 31, 2013	Dec. 31, 2012
Concentration Risk [Line Items]
Investment real estate	100.00%	100.00%
Shopping centers [Member]
Concentration Risk [Line Items]
Investment real estate	41.10%	41.00%
Office [Member]
Concentration Risk [Line Items]
Investment real estate	22.00%	21.90%
Industrial [Member]
Concentration Risk [Line Items]
Investment real estate	17.40%	18.10%
Other [Member]
Concentration Risk [Line Items]
Investment real estate	19.50%	19.00%
West South Central [Member]
Concentration Risk [Line Items]
Investment real estate	60.30%	60.80%
South Atlantic [Member]
Concentration Risk [Line Items]
Investment real estate	11.20%	11.20%
East North Central [Member]
Concentration Risk [Line Items]
Investment real estate	10.70%	10.30%
Mountain [Member]
Concentration Risk [Line Items]
Investment real estate	6.00%	6.20%
East South Central [Member]
Concentration Risk [Line Items]
Investment real estate	5.30%	5.30%
Other [Member]
Concentration Risk [Line Items]
Investment real estate	6.50%	6.20%

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Components of Comprehensive Income (Loss) - Components of Other Comprehensive Income (Loss) (Parenthetical) (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Investments Debt And Equity Securities [Abstract]
Amounts reclassified from AOCI, tax benefit	$ (3,434)	$ (2,955)
Unrealized holding gains (losses) arising during the period, tax expense	39,671	52,330
Unrealized adjustment to deferred policy acquisition costs, tax benefit	(439)	(5,901)
Unrealized (gains) losses on investments attributable to participating policyholders' interest, tax benefit	(1,782)	(2,048)
Foreign currency adjustment, tax expense	80	82
Amounts reclassified from AOCI, tax expense	$ (1,549)	$ (1,437)

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Related Party Transactions - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2013
Related Party Transactions [Abstract]
Interest rate on mortgage loans	7.30%
Due date of mortgage loans receivable	Apr. 01, 2019

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Stockholders' Equity and Noncontrolling Interests - Noncontrolling Interests Narrative (Detail) (USD $)	Mar. 31, 2013	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Noncontrolling interest	$ 10,908,000	$ 11,491,000
County Mutual [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Noncontrolling interest	6,750,000	6,750,000
Other subsidiaries [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Noncontrolling interest	$ 4,158,000	$ 4,741,000

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Stockholders' Equity and Noncontrolling Interests - Additional Information (Detail) (USD $)	3 Months Ended		12 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, par value	$ 1.00		$ 1.00
Common stock, shares authorized	50,000,000		50,000,000
Maximum limit of shares available for grants under stock-based compensation plan	2,900,000
Maximum limit of shares granted to any one individual in any calendar year	200,000
Description of regulatory capital requirement	American National Insurance Company's payment of dividends to stockholders is restricted by statutory regulations. The restrictions require life insurance companies to maintain minimum amounts of capital and surplus, and in the absence of special approval, limit the payment of dividends to the greater of statutory net gain from operations on an annual, non-cumulative basis, or 10% of statutory surplus. Additionally, insurance companies are not permitted to distribute the excess of stockholders' equity, as determined on a GAAP basis over that determined on a statutory basis
Company's statutory capital and surplus	$ 2,376,889,000		$ 2,260,268,000
Net assets of insurance subsidiaries	1,557,463,000		1,535,082,000
Stock Appreciation Rights [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rate per year	20.00%
Vesting Period	5 years
Expiration of vesting period	5 years
Fair value of stock appreciation rights	34,000		3,000
Compensation Expense	32,000	2,000
Restricted Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation Expense	505,000	670,000
Lapse restrictions on restricted stock awards	10 years
Shares available for grant	350,334
Exercise price of Restricted shares granted	$ 0
Number of shares unvested	195,334
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of stock appreciation rights	4,579,000		7,974,000
Compensation Expense	5,563,000	1,493,000
Reclassification of equity to liability			7,974,000
Incremental cost of modification	$ 1,408,000
Restricted Stock Units [Member] | Graded vesting [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting Period	3 years

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Liability for Unpaid Claims and Claim Adjustment Expenses - Additional Information (Detail) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Insurance [Abstract]
Description of increase (decrease) in claims and claim adjustment expenses	The net and gross reserve calculations have shown favorable development for the last several years as a result of favorable loss emergence compared to what was implied by the loss development patterns used in the original estimation	The net and gross reserve calculations have shown favorable development for the last several years as a result of favorable loss emergence compared to what was implied by the loss development patterns used in the original estimation
Increase (decrease) in claims and claim adjustments expenses amount	$ 23,037,000	$ 25,720,000

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Related Party Transactions

3 Months Ended

Mar. 31, 2013

Related Party Transactions [Abstract]

Related Party Transactions

17. RELATED PARTY TRANSACTIONS

American National has entered into recurring transactions and agreements with certain related parties. These include mortgage loans, management contracts, agency commission contracts, marketing agreements, accident and health insurance contracts and legal services. The impact on the consolidated financial statements of the significant related party transactions for the periods indicated is shown below (in thousands):

		Dollar Amount of Transactions				Amount due to/(from) American National
		Three months ended March 31,				March 31,			December 31,
Related Party	Financial Statement Line Impacted	2013		2012		2013			2012
Gal-Tex Hotel Corporation	Mortgage loan on real estate	$	280	$	260	$	8,610		$	8,890
Gal-Tex Hotel Corporation	Net investment income		159		179		52			54
Greer, Herz and Adams, LLP	Other operating costs and expenses		2,131		1,958		(429	)		(268	)

Mortgage Loans to Gal-Tex Hotel Corporation (“Gal-Tex”): American National held a first mortgage loan issued to Gal-Tex collateralized by hotel property in San Antonio, Texas. This loan was originated in 1999, has a current interest rate of 7.30%, and has a final maturity date of April 1, 2019. This loan is current as to principal and interest payments.

Transactions with Greer, Herz & Adams, L.L.P.: Irwin M. Herz, Jr. is an American National advisory director and a Partner with Greer, Herz Adams, L.L.P., which serves as American National’s General Counsel.

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Mortgage Loans - Mortgage Loans by Geographic Distribution (Detail) (Mortgage loans on real estate [Member])	3 Months Ended	12 Months Ended
	Mar. 31, 2013	Dec. 31, 2012
Concentration Risk [Line Items]
Mortgage loans	100.00%	100.00%
West South Central [Member]
Concentration Risk [Line Items]
Mortgage loans	23.20%	23.20%
South Atlantic [Member]
Concentration Risk [Line Items]
Mortgage loans	22.30%	23.00%
East North Central [Member]
Concentration Risk [Line Items]
Mortgage loans	18.30%	18.20%
Pacific [Member]
Concentration Risk [Line Items]
Mortgage loans	13.80%	13.30%
East South Central [Member]
Concentration Risk [Line Items]
Mortgage loans	6.90%	7.10%
Mountain [Member]
Concentration Risk [Line Items]
Mortgage loans	6.70%	7.00%
Other [Member]
Concentration Risk [Line Items]
Mortgage loans	8.80%	8.20%

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Investments in Securities - Maturities of Investments (Detail) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2012
Investments Debt And Equity Securities [Abstract]
Bonds Held-to-Maturity, Amortized Cost, Due in one year or less	$ 1,024,759
Bonds Held-to-Maturity, Amortized Cost, Due after one year through five years	2,540,829
Bonds Held-to-Maturity, Amortized Cost, Due after five years through ten years	4,891,100
Bonds Held-to-Maturity, Amortized Cost, Due after ten years	598,900
Bonds Held-to-Maturity, Amortized Cost, Without single maturity date	5,850
Bonds Held-to-Maturity, Amortized Cost	9,061,438	9,009,282
Bonds Held-to-Maturity, Estimated Fair Value, Due in one year or less	1,045,015
Bonds Held-to-Maturity, Estimated Fair Value, Due after one year through five years	2,808,251
Bonds Held-to-Maturity, Estimated Fair Value, Due after five years through ten years	5,354,001
Bonds Held-to-Maturity, Estimated Fair Value, Due after ten years	648,428
Bonds Held-to-Maturity, Estimated Fair Value, Without single maturity date	5,012
Held-to-maturity securities, Fair Value	9,860,707	9,840,751
Bonds Available-for-Sale, Amortized Cost, Due in one year or less	505,946
Bonds Available-for-Sale, Amortized Cost, Due after one year through five years	1,437,138
Bonds Available-for-Sale, Amortized Cost, Due after five years through ten years	2,064,558
Bonds Available-for-Sale, Amortized Cost, Due after ten years	405,359
Bonds Available-for-Sale, Amortized Cost, Without single maturity date	5,000
Bonds Available-for-Sale, Amortized Cost	4,418,001	4,316,467
Bonds Available-for-Sale, Estimated Fair Value, Due in one year or less	519,855
Bonds Available-for-Sale, Estimated Fair Value, Due after one year through five years	1,569,414
Bonds Available-for-Sale, Estimated Fair Value, Due after five years through ten years	2,238,286
Bonds Available-for-Sale, Estimated Fair Value, Due after ten years	436,756
Bonds Available-for-Sale, Estimated Fair Value, Without single maturity date	4,825
Available-for-sale securities, Estimated Fair Value	$ 4,769,136	$ 4,665,576

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Components of Comprehensive Income (Loss) - Components of Other Comprehensive Income (Loss) (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Investments Debt And Equity Securities [Abstract]
Net Unrealized Gains/(Losses) on Securities, Beginning balance	$ 370,842	$ 274,837
Unrealized holding gains (losses) arising during the period, Net Unrealized Gains/(Losses) on Securities	73,674	97,184
Unrealized adjustment to DAC, Net Unrealized Gains/(Losses) on Securities	(1,667)	(11,604)
Unrealized (gains) losses on investments attributable to participating policyholders' interest, Net Unrealized Gains/(Losses) on Securities	(3,309)	(3,804)
Amounts reclassified from AOCI, Net Unrealized Gains/(Losses) on Securities	(5,979)	(5,245)
Net Unrealized Gains/(Losses) on Securities, Ending balance	433,561	351,368
Defined Benefit Pension Plan Adjustments, Beginning balance	(129,003)	(115,485)
Amounts reclassified from AOCI, Defined Benefit Pension Plan Adjustments	2,876	2,668
Defined Benefit Pension Plan Adjustments, Ending balance	(126,127)	(112,817)
Foreign Currency Adjustments, Beginning balance	171	51
Foreign currency adjustment, Foreign Currency Adjustments	149	152
Foreign Currency Adjustments, Ending balance	320	203
Accumulated Other Comprehensive Income, Beginning balance	242,010	159,403
Unrealized holding gains (losses) arising during the period	73,674	97,184
Unrealized adjustment to DAC	(1,667)	(11,604)
Unrealized (gains) losses on investments attributable to participating policyholders' interest	(3,309)	(3,804)
Foreign currency adjustment	149	152
Amounts reclassified from AOCI	(3,103)	(2,577)
Accumulated Other Comprehensive Income, Ending balance	$ 307,754	$ 238,754

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Stockholders' Equity and Noncontrolling Interests (Tables)

3 Months Ended

Mar. 31, 2013

Equity [Abstract]

Common Stock, Amounts Outstanding

The amounts outstanding at the dates indicated are shown below:

	March 31,			December 31,
	2013			2012
Common stock
Shares issued		30,832,449			30,832,449
Treasury shares		(3,939,037	)		(3,995,785	)
Outstanding shares		26,893,412			26,836,664
Restricted shares		(195,334	)		(185,334	)
Unrestricted outstanding shares		26,698,078			26,651,330

Stock-Based Compensation Information

SAR, RS and RSU information for the periods indicated is shown below:

	SAR					RS Shares				RS Units
	Shares			Weighted- Average  Grant Date Fair Value		Shares		Weighted- Average  Grant Date Fair Value		Units			Weighted- Average  Grant Date Fair Value
Outstanding at December 31, 2012		108,951		$	111.31		185,334	$	109.13		127,059		$	75.06
Granted		—			—		10,000		80.05		71,084			80.05
Exercised		(200	)		66.76		—		—		(74,580	)		77.03
Forfeited		(134	)		66.76		—		—		(99	)		77.20
Expired		(4,600	)		111.95		—		—		—			—
Outstanding at March 31, 2013		104,017		$	111.42		195,334	$	107.64		123,464		$	76.74

	SAR		RS Shares		RS Units
Weighted-average contractual remaining life		2.6 years		4.8 years		2.4 years
Weighted-average exercise price	$	111.42	$	107.64	$	76.74
Exercisable shares		88,292		N/A		—
Weighted-average exercise price Exercisable shares	$	111.27		N/A		N/A

Summary of Basic and Diluted Earnings Per Share

The Restricted Stock awards and units resulted in diluted earnings per share as follows (in thousands, except share-related data):

	Three months ended March 31,
	2013		2012
Weighted average shares outstanding		26,763,896		26,565,164
Incremental shares from RS awards and RSUs		123,255		193,791
Total shares for diluted calculations		26,887,151		26,758,955
Net income (loss) attributable to American National Insurance Company	$	59,971	$	45,216
Basic earnings (loss) per share	$	2.24	$	1.70
Diluted earnings (loss) per share		2.23		1.69

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Mortgage Loans - Age Analysis of Past Due Commercial Mortgage Loans (Detail) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2012
Financing Receivable, Recorded Investment, Past Due [Line Items]
Allowance for loan losses	$ 11,724	$ 12,012
Mortgage loans on real estate, net of allowance	3,170,510	3,143,011
30-59 Days Past Due	1,054
60-89 Days Past Due	6,438
Greater Than 90 Days	13,354	13,354
Total Past Due	20,846	13,354
Current	3,161,388	3,141,669
Mortgage loans on Real estate, gross	3,182,234	3,155,023
Office [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due
60-89 Days Past Due	6,438
Greater Than 90 Days
Total Past Due	6,438
Current	996,432	1,100,407
Mortgage loans on Real estate, gross	1,002,870	1,100,407
Industrial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due
60-89 Days Past Due
Greater Than 90 Days
Total Past Due
Current	823,459	755,198
Mortgage loans on Real estate, gross	823,459	755,198
Retail [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	1,054
60-89 Days Past Due
Greater Than 90 Days	13,354	13,354
Total Past Due	14,408	13,354
Current	573,835	547,472
Mortgage loans on Real estate, gross	588,243	560,826
Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due
60-89 Days Past Due
Greater Than 90 Days
Total Past Due
Current	767,662	738,592
Mortgage loans on Real estate, gross	$ 767,662	$ 738,592

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Fair Value of Financial Instruments - Quantitative Disclosures Regarding Fair Value Hierarchy Measurements (Detail) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Separate account assets, fair value disclosure	$ 888,388	$ 841,389
Separate account liabilities, fair value disclosure	888,388	841,389
Estimated Fair Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value disclosure	9,860,707	9,840,751
Equity Indexed Options, fair value disclosure	105,254	82,625
Short-term investments, fair value disclosure	233,101	313,086
Separate account assets, fair value disclosure	888,388	841,389
Total financial assets, fair value disclosure	20,885,127	20,655,844
Liabilities related to investment contracts, fair value disclosure	9,782,653	9,987,431
Embedded derivative liability for equity-indexed, fair value disclosure	93,988	75,032
Notes payable, fair value disclosure	165,127	163,384
Separate account liabilities, fair value disclosure	888,388	841,389
Total financial liabilities, fair value disclosure	10,930,156	11,067,236
Estimated Fair Value [Member] | Mortgage loans on real estate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans receivable, fair value disclosure	3,426,043	3,441,645
Estimated Fair Value [Member] | Policy loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans receivable, fair value disclosure	393,710	395,333
Estimated Fair Value [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total financial assets, fair value disclosure	1,208,788	1,075,436
Estimated Fair Value [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value disclosure	9,778,666	9,763,875
Short-term investments, fair value disclosure	233,101	313,086
Separate account assets, fair value disclosure	888,388	841,389
Total financial assets, fair value disclosure	18,985,971	18,918,538
Separate account liabilities, fair value disclosure	888,388	841,389
Total financial liabilities, fair value disclosure	888,388	841,389
Estimated Fair Value [Member] | Level 2 [Member] | Mortgage loans on real estate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans receivable, fair value disclosure	3,426,043	3,441,645
Estimated Fair Value [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value disclosure	82,041	76,876
Equity Indexed Options, fair value disclosure	105,254	82,625
Total financial assets, fair value disclosure	690,368	661,870
Liabilities related to investment contracts, fair value disclosure	9,782,653	9,987,431
Embedded derivative liability for equity-indexed, fair value disclosure	93,988	75,032
Notes payable, fair value disclosure	165,127	163,384
Total financial liabilities, fair value disclosure	10,041,768	10,225,847
Estimated Fair Value [Member] | Level 3 [Member] | Policy loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans receivable, fair value disclosure	393,710	395,333
Estimated Fair Value [Member] | U.S. treasury and government [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value disclosure	3,632	3,662
Available-for-sale securities, fair value disclosure	22,990	20,805
Estimated Fair Value [Member] | U.S. treasury and government [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value disclosure	3,632	3,662
Available-for-sale securities, fair value disclosure	22,990	20,805
Estimated Fair Value [Member] | U.S. states and political subdivisions [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value disclosure	421,691	433,695
Available-for-sale securities, fair value disclosure	625,237	615,438
Estimated Fair Value [Member] | U.S. states and political subdivisions [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value disclosure	421,691	433,695
Available-for-sale securities, fair value disclosure	622,712	612,913
Estimated Fair Value [Member] | U.S. states and political subdivisions [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, fair value disclosure	2,525	2,525
Estimated Fair Value [Member] | Foreign governments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value disclosure	33,233	33,438
Available-for-sale securities, fair value disclosure	7,307	7,344
Estimated Fair Value [Member] | Foreign governments [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value disclosure	33,233	33,438
Available-for-sale securities, fair value disclosure	7,307	7,344
Estimated Fair Value [Member] | Corporate debt securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value disclosure	8,832,475	8,735,158
Available-for-sale securities, fair value disclosure	3,970,150	3,872,633
Estimated Fair Value [Member] | Corporate debt securities [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value disclosure	8,754,161	8,662,164
Available-for-sale securities, fair value disclosure	3,899,707	3,796,949
Estimated Fair Value [Member] | Corporate debt securities [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value disclosure	78,314	72,994
Available-for-sale securities, fair value disclosure	70,443	75,684
Estimated Fair Value [Member] | Residential mortgage-backed securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value disclosure	526,198	590,502
Available-for-sale securities, fair value disclosure	81,573	94,385
Estimated Fair Value [Member] | Residential mortgage-backed securities [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value disclosure	525,143	589,441
Available-for-sale securities, fair value disclosure	79,117	91,938
Estimated Fair Value [Member] | Residential mortgage-backed securities [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value disclosure	1,055	1,061
Available-for-sale securities, fair value disclosure	2,456	2,447
Estimated Fair Value [Member] | Collateralized debt securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value disclosure	2,672	2,821
Available-for-sale securities, fair value disclosure	18,450	19,091
Estimated Fair Value [Member] | Collateralized debt securities [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, fair value disclosure	16,519	17,156
Estimated Fair Value [Member] | Collateralized debt securities [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value disclosure	2,672	2,821
Available-for-sale securities, fair value disclosure	1,931	1,935
Estimated Fair Value [Member] | Other debt securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value disclosure	40,806	41,475
Available-for-sale securities, fair value disclosure	11,421	11,438
Estimated Fair Value [Member] | Other debt securities [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair value disclosure	40,806	41,475
Available-for-sale securities, fair value disclosure	11,421	11,438
Estimated Fair Value [Member] | Commercial mortgage-backed securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, fair value disclosure	32,008	24,442
Estimated Fair Value [Member] | Commercial mortgage-backed securities [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, fair value disclosure	32,008	24,442
Estimated Fair Value [Member] | Bonds available-for-sale [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, fair value disclosure	4,769,136	4,665,576
Estimated Fair Value [Member] | Bonds available-for-sale [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, fair value disclosure	4,659,773	4,558,543
Estimated Fair Value [Member] | Bonds available-for-sale [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, fair value disclosure	109,363	107,033
Estimated Fair Value [Member] | Common stock [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, fair value disclosure	1,168,491	1,037,784
Estimated Fair Value [Member] | Common stock [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, fair value disclosure	1,168,491	1,037,784
Estimated Fair Value [Member] | Preferred stock [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, fair value disclosure	40,297	37,655
Estimated Fair Value [Member] | Preferred stock [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, fair value disclosure	40,297	37,652
Estimated Fair Value [Member] | Preferred stock [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, fair value disclosure		3
Estimated Fair Value [Member] | Equity securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, fair value disclosure	1,208,788	1,075,439
Estimated Fair Value [Member] | Equity securities [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, fair value disclosure	1,208,788	1,075,436
Estimated Fair Value [Member] | Equity securities [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, fair value disclosure		$ 3

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Derivative Instruments - Schedule of Derivative Instruments Reported in Financial Position (Detail) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013 Derivative	Dec. 31, 2012 Derivative
Equity-indexed embedded derivative [Member] | Future policy benefits [Member]
Derivatives, Fair Value [Line Items]
Number of Instruments	25,481	22,941
Derivative Notional Amount, Liability	$ 734,400	$ 722,500
Derivative Financial Instruments, Estimated Fair Value	(93,988)	(75,032)
Equity-indexed options [Member] | Other invested assets [Member]
Derivatives, Fair Value [Line Items]
Number of Instruments	355	356
Derivative Notional Amount, Asset	851,300	846,900
Estimated fair value of other invested assets	$ 105,254	$ 82,625

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Investments in Securities - Bond Portfolio Distributed With Quality Rating (Detail) (Bonds available-for-sale [Member])	3 Months Ended	12 Months Ended
	Mar. 31, 2013	Dec. 31, 2012
Investment Distribution By Credit Rating [Line Items]
Portfolio of investment by credit quality	100.00%	100.00%
AAA [Member]
Investment Distribution By Credit Rating [Line Items]
Portfolio of investment by credit quality	5.10%	5.50%
AA [Member]
Investment Distribution By Credit Rating [Line Items]
Portfolio of investment by credit quality	10.90%	10.60%
A [Member]
Investment Distribution By Credit Rating [Line Items]
Portfolio of investment by credit quality	40.30%	38.20%
BBB [Member]
Investment Distribution By Credit Rating [Line Items]
Portfolio of investment by credit quality	39.60%	41.40%
BB and below [Member]
Investment Distribution By Credit Rating [Line Items]
Portfolio of investment by credit quality	4.10%	4.30%

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Nature of Operations

3 Months Ended

Mar. 31, 2013

Accounting Policies [Abstract]

Nature of Operations

1. NATURE OF OPERATIONS

American National Insurance Company and its consolidated subsidiaries (collectively “American National”) offer a broad spectrum of insurance products, including individual and group life insurance, health insurance, annuities, and property and casualty insurance. Through non-insurance subsidiaries, American National invests in stocks and real estate. Business is conducted in all 50 states, the District of Columbia, Puerto Rico, Guam and American Samoa. The majority of revenues are generated by the insurance business. Various distribution systems are utilized, including multiple-line exclusive agents, independent agents, third-party marketing organizations, career agents, and direct sales to the public.

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Derivative Instruments - Schedule of Derivative Instruments Reported in Statements of Operations (Detail) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Equity-indexed options [Member] | Net investment income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Equity-indexed options embedded derivative	$ 24,340	$ 19,647
Equity-indexed embedded derivative [Member] | Interest credited to policyholders' account balances [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Equity-indexed options embedded derivative	$ (20,647)	$ (18,457)

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Investments in Securities - Proceeds from Available for Sale Securities and Realized Gain Loss (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Investments Debt And Equity Securities [Abstract]
Proceeds from sales of available-for-sale securities	$ 76,857	$ 32,673
Gross realized gains	10,738	11,080
Gross realized losses	$ (522)	$ (159)

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Investment Real Estate (Tables)

3 Months Ended

Mar. 31, 2013

Banking And Thrift [Abstract]

Investment Real Estate by Property-Type and Geographic Distribution

Investment real estate by property-type and geographic distribution are as follows:

	March 31, 2013			December 31, 2012
Shopping centers		41.1	%		41.0	%
Office buildings		22.0			21.9
Industrial		17.4			18.1
Other		19.5			19.0
Total		100.0	%		100.0	%
	March 31, 2013			December 31, 2012
West South Central		60.3	%		60.8	%
South Atlantic		11.2			11.2
East North Central		10.7			10.3
Mountain		6.0			6.2
East South Central		5.3			5.3
Other		6.5			6.2
Total		100.0	%		100.0	%

Assets and Liabilities Related to VIEs

The assets and liabilities relating to VIEs which are consolidated in American National’s financial statements are as follows (in thousands):

	March 31, 2013		December 31, 2012
Investment real estate	$	162,818	$	162,502
Short-term investments		674		969
Cash and cash equivalents		3,936		3,671
Accrued investment income		2,035		2,641
Other receivables		12,509		11,709
Other assets		6,744		6,487
Total assets of consolidated VIEs	$	188,716	$	187,979
Notes payable	$	165,127	$	163,384
Other liabilities		8,475		6,647
Total liabilities of consolidated VIEs	$	173,602	$	170,031

Carrying Amount and Maximum Exposure to Loss Related to VIEs

The following table presents the carrying amount and maximum exposure to loss relating to unconsolidated VIEs (in thousands):

	March 31, 2013				December 31, 2012
	Carrying Amount		Maximum Exposure to Loss		Carrying Amount		Maximum Exposure to Loss
Investment in unconsolidated affiliates	$	103,053	$	103,053	$	81,548	$	81,548

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Mortgage Loans (Tables)

3 Months Ended

Mar. 31, 2013

Receivables [Abstract]

Mortgage Loans by Property-Type

Mortgage loans by property-type are as follows:

	March 31, 2013			December 31, 2012
Office		31.5	%		34.9	%
Industrial		25.9			24.0
Retail		18.4			17.7
Hotel and motel		13.3			13.9
Other		10.9			9.5
Total		100.0	%		100.0	%

Mortgage Loans by Geographic Distribution

Mortgage loans by geographic distribution are as follows:

	March 31, 2013			December 31, 2012
West South Central		23.2	%		23.2	%
South Atlantic		22.3			23.0
East North Central		18.3			18.2
Pacific		13.8			13.3
East South Central		6.9			7.1
Mountain		6.7			7.0
Other		8.8			8.2
Total		100.0	%		100.0	%

Commercial Mortgage Loans Placed on Nonaccrual Status

Commercial mortgage loan balances placed on nonaccrual status are shown below (in thousands):

	March 31, 2013		December 31, 2012
Commercial mortgages-Retail	$	13,354	$	13,354

Age Analysis of Past Due Commercial Mortgage Loans

The age analysis of past due commercial mortgage loans is shown below (in thousands):

	March 31, 2013
	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Mortgage Loans
Commercial mortgages
Office	$	—	$	6,438	$	—	$	6,438	$	996,432	$	1,002,870
Industrial		—		—		—		—		823,459		823,459
Retail		1,054		—		13,354		14,408		573,835		588,243
Other		—		—		—		—		767,662		767,662
Total	$	1,054	$	6,438	$	13,354	$	20,846	$	3,161,388		3,182,234
Allowance for loan losses												11,724
Mortgage loans on real estate, net of allowance											$	3,170,510

	December 31, 2012
	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Mortgage Loans
Commercial mortgages
Office	$	—	$	—	$	—	$	—	$	1,100,407	$	1,100,407
Industrial		—		—		—		—		755,198		755,198
Retail		—		—		13,354		13,354		547,472		560,826
Other		—		—		—		—		738,592		738,592
Total	$	—	$	—	$	13,354	$	13,354	$	3,141,669		3,155,023
Allowance for loan losses												12,012
Mortgage loans on real estate, net of allowance											$	3,143,011

Allowance for Credit Losses and Unpaid Principal Balance in Commercial Mortgage Loans

The allowance for credit losses and unpaid principal balance in commercial mortgage loans are shown below (in thousands):

	Collectively Evaluated for Impairment			Individually Evaluated for Impairment		Total
Allowance for credit losses
December 31, 2012	$	11,519		$	493	$	12,012
Change in allowance		(288	)		—		(288	)
March 31, 2013	$	11,231		$	493	$	11,724
Recorded Investment
March 31, 2013	$	3,090,343		$	109,331	$	3,199,674
December 31, 2012	$	3,063,908		$	109,537	$	3,173,445

Loans Individually Evaluated for Impairment With and Without Allowance

Loans individually evaluated for impairment with and without an allowance are shown below (in thousands):

	Three months ended March 31, 2013
	Recorded Investment		Unpaid Principal Balance		Average Recorded Investment		Interest Income Recognized
With an allowance recorded
Retail (related allowance of $493)	$	493	$	493	$	—	$	—
Without an allowance recorded
Office	$	36,433	$	36,433	$	36,489	$	613
Retail		17,180		17,180		17,180		283
Other		55,225		55,225		55,272		924
Total without an allowance recorded	$	108,838	$	108,838	$	108,941	$	1,820

	Year ended December 31, 2012
	Recorded Investment		Unpaid Principal Balance		Average Recorded Investment		Interest Income Recognized
With an allowance recorded
Retail (related allowance of $493)	$	493	$	493	$	—	$	—
Without an allowance recorded
Office	$	36,544	$	36,544	$	36,710	$	2,452
Retail		17,180		17,180		17,329		1,129
Other		55,320		55,320		55,551		3,758
Total without an allowance recorded	$	109,044	$	109,044	$	109,590	$	7,339

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Mortgage Loans - Loans Individually Evaluated for Impairment With and Without Allowance (Parenthetical) (Detail) (Retail [Member], USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2012
Retail [Member]
Financing Receivable, Impaired [Line Items]
Related Allowance	$ 493	$ 493

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Investments in Securities - Additional Information (Detail) (USD $)	3 Months Ended
	Mar. 31, 2013
Investments Debt And Equity Securities [Abstract]
Securities transferred from held-to-maturity to available-for-sale	$ 13,492,000
Unrealized loss at the time of transfer	$ 263,000

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Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2013

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments Reported in Financial Position

The detail of derivative instruments is shown below (in thousands):

Derivatives Not Designated as Hedging Instruments	Location in the Consolidated Statements of Financial Position	March 31, 2013							December 31, 2012
		Number of Instruments		Notional Amounts		Estimated Fair Value			Number of Instruments		Notional Amounts		Estimated Fair Value
Equity-indexed options	Other invested assets		355	$	851,300	$	105,254			356	$	846,900	$	82,625
Equity-indexed embedded derivative	Future policy benefits		25,481		734,400		(93,988	)		22,941		722,500		(75,032	)

Schedule of Derivative Instruments Reported in Statements of Operations

		Gains (Losses) Recognized in Income on Derivatives
Derivatives Not Designated	Location in the	Three months ended March 31,
as Hedging Instruments	Consolidated Statements of Operations	2013			2012
Equity-indexed options	Net investment income	$	24,340		$	19,647
Equity-indexed embedded derivative	Interest credited to policyholders’ account balances		(20,647	)		(18,457	)

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Net Investment Income and Realized Investment Gains (Losses) (Tables)

3 Months Ended

Mar. 31, 2013

Text Block [Abstract]

Summary of Net Investment Income, Before Federal Income Taxes

Net investment income, before federal income taxes, is shown below (in thousands):

	Three months ended March 31,
	2013			2012
Bonds	$	163,433		$	172,279
Equity securities		6,815			6,245
Mortgage loans		51,785			49,758
Real estate		(1,421	)		(215	)
Options		24,340			19,647
Other invested assets		6,414			7,982
Total	$	251,366		$	255,696

Summary of Realized Investment Gains (Losses), Before Federal Income Taxes and Other Than Temporary Impairment Losses

Realized investment gains (losses), before federal income taxes, are shown below (in thousands):

	Three months ended March 31,
	2013			2012
Bonds	$	3,223		$	3,810
Equity securities		8,683			7,355
Mortgage loans		288			(1,089	)
Real estate		6,383			(252	)
Other invested assets		(39	)		(16	)
Total	$	18,538		$	9,808

The OTTI losses are shown below (in thousands):

	Three months ended March 31,
	2013			2012
Equity securities	$	(1,587	)	$	(2,837	)

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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
OPERATING ACTIVITIES
Net income (loss)	$ 59,408	$ 44,507
Adjustments to reconcile net income (loss) to net cash provided by operating activities
Realized investment (gains) losses	(18,538)	(9,808)
Other-than-temporary impairments	1,587	2,837
Accretion (amortization) of discounts, premiums and loan origination fees	389	1,890
Net capitalized interest on policy loans and mortgage loans	(7,633)	(7,358)
Depreciation	8,452	8,854
Interest credited to policyholders' account balances	111,106	124,864
Charges to policyholders' account balances	(49,998)	(48,047)
Deferred federal income tax (benefit) expense	6,353	9,696
Deferral of policy acquisition costs	(91,539)	(98,346)
Amortization of deferred policy acquisition costs	102,873	99,984
Equity in (earnings) losses of unconsolidated affiliates	(8,577)	1,881
Distributions from equity method investments	9,760	2,087
Changes in:
Policyholder liabilities	23,743	8,686
Reinsurance recoverables	11,446	24,836
Premiums due and other receivables	(3,604)	(8,907)
Accrued investment income	(1,419)	(3,078)
Current tax receivable/payable	9,330	12,383
Liability for retirement benefits	2,793	372
Prepaid reinsurance premiums	3,734	1,437
Other, net	(52,038)	(52,670)
Net cash provided by (used in) operating activities	117,628	116,100
Proceeds from sale/maturity/prepayment of
Bonds-held-to-maturity	448,034	402,772
Bonds-available for sale	211,884	114,739
Equity securities	31,099	20,548
Investment real estate	8,597
Mortgage loans	111,110	43,174
Policy loans	16,718	16,788
Other invested assets	12,263	10,817
Disposals of property and equipment	1,613
Distributions from unconsolidated affiliates	11,664	4,328
Payment for the purchase/origination of
Bonds-held-to-maturity	(505,265)	(469,511)
Bonds-available for sale	(307,986)	(185,775)
Equity securities	(55,442)
Investment real estate	(10,426)	(7,188)
Mortgage loans	(136,576)	(96,355)
Policy loans	(5,967)	(10,336)
Other invested assets	(11,709)	(10,524)
Additions to property and equipment	(2,838)	(5,876)
Contributions to unconsolidated affiliates	(23,653)	(12,334)
Change in short-term investments	79,985	117,117
Other, net	903	137
Net cash provided by (used in) investing activities	(125,992)	(67,479)
FINANCING ACTIVITIES
Policyholders' account deposits	219,078	290,831
Policyholders' account withdrawals	(381,556)	(319,047)
Change in notes payable	1,743	(1,023)
Dividends to stockholders	(20,710)	(20,667)
Proceeds from (payments to) noncontrolling interest	(20)	38
Net cash provided by (used in) financing activities	(181,465)	(49,868)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(189,829)	(1,247)
Beginning of the year	303,008	102,114
End of year	$ 113,179	$ 100,867

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Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2013

Fair Value Disclosures [Abstract]

Carrying Amount and Estimated Fair Value of Financial Instruments

The carrying amount and estimated fair value of financial instruments are shown below (in thousands):

	March 31, 2013				December 31, 2012
	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
Financial assets
Fixed maturity securities, bonds held-to-maturity	$	9,061,438	$	9,860,707	$	9,009,282	$	9,840,751
Fixed maturity securities, bonds available-for-sale		4,769,136		4,769,136		4,665,576		4,665,576
Equity securities		1,208,788		1,208,788		1,075,439		1,075,439
Equity-indexed options		105,254		105,254		82,625		82,625
Mortgage loans on real estate, net of allowance		3,170,510		3,426,043		3,143,011		3,441,645
Policy loans		393,710		393,710		395,333		395,333
Short-term investments		233,101		233,101		313,086		313,086
Separate account assets		888,388		888,388		841,389		841,389
Total financial assets	$	19,830,325	$	20,885,127	$	19,525,741	$	20,655,844
Financial liabilities
Investment contracts	$	9,782,653	$	9,782,653	$	9,987,431	$	9,987,431
Embedded derivative liability for equity-indexed contracts		93,988		93,988		75,032		75,032
Notes payable		165,127		165,127		163,384		163,384
Separate account liabilities		888,388		888,388		841,389		841,389
Total financial liabilities	$	10,930,156	$	10,930,156	$	11,067,236	$	11,067,236

Quantitative Disclosures Regarding Fair Value Hierarchy Measurements

The quantitative disclosures regarding fair value hierarchy measurements of the financial instruments are shown below (in thousands):

	Fair Value Measurement as of March 31, 2013
	Total Estimated Fair Value		Level 1		Level 2		Level 3
Financial assets
Fixed maturity securities, bonds held-to-maturity
U.S. treasury and government	$	3,632	$	—	$	3,632	$	—
U.S. states and political subdivisions		421,691		—		421,691		—
Foreign governments		33,233		—		33,233		—
Corporate debt securities		8,832,475		—		8,754,161		78,314
Residential mortgage-backed securities		526,198		—		525,143		1,055
Collateralized debt securities		2,672		—		—		2,672
Other debt securities		40,806		—		40,806		—
Total bonds held-to-maturity		9,860,707		—		9,778,666		82,041
Fixed maturity securities, bonds available-for-sale
U.S. treasury and government		22,990		—		22,990		—
U.S. states and political subdivisions		625,237		—		622,712		2,525
Foreign governments		7,307		—		7,307		—
Corporate debt securities		3,970,150		—		3,899,707		70,443
Residential mortgage-backed securities		81,573		—		79,117		2,456
Commercial mortgage-backed securities		32,008		—		—		32,008
Collateralized debt securities		18,450		—		16,519		1,931
Other debt securities		11,421		—		11,421		—
Total bonds available-for-sale		4,769,136		—		4,659,773		109,363
Equity securities
Common stock		1,168,491		1,168,491		—		—
Preferred stock		40,297		40,297		—		—
Total equity securities		1,208,788		1,208,788		—		—
Options		105,254		—		—		105,254
Mortgage loans on real estate		3,426,043		—		3,426,043		—
Policy loans		393,710		—		—		393,710
Short-term investments		233,101		—		233,101		—
Separate account assets		888,388		—		888,388		—
Total financial assets	$	20,885,127	$	1,208,788	$	18,985,971	$	690,368
Financial liabilities
Investment contracts	$	9,782,653	$	—	$	—	$	9,782,653
Embedded derivative liability for equity-indexed contracts		93,988		—		—		93,988
Notes payable		165,127		—		—		165,127
Separate account liabilities		888,388		—		888,388		—
Total financial liabilities	$	10,930,156	$	—	$	888,388	$	10,041,768

	Fair Value Measurement as of December 31, 2012
	Total Estimated Fair Value		Level 1		Level 2		Level 3
Financial assets
Fixed maturity securities, bonds held-to-maturity
U.S. treasury and government	$	3,662	$	—	$	3,662	$	—
U.S. states and political subdivisions		433,695		—		433,695		—
Foreign governments		33,438		—		33,438		—
Corporate debt securities		8,735,158		—		8,662,164		72,994
Residential mortgage-backed securities		590,502		—		589,441		1,061
Collateralized debt securities		2,821		—		—		2,821
Other debt securities		41,475		—		41,475		—
Total bonds held-to-maturity		9,840,751		—		9,763,875		76,876
Fixed maturity securities, bonds available-for-sale
U.S. treasury and government		20,805		—		20,805		—
U.S. states and political subdivisions		615,438		—		612,913		2,525
Foreign governments		7,344		—		7,344		—
Corporate debt securities		3,872,633		—		3,796,949		75,684
Residential mortgage-backed securities		94,385		—		91,938		2,447
Commercial mortgage-backed securities		24,442		—		—		24,442
Collateralized debt securities		19,091		—		17,156		1,935
Other debt securities		11,438		—		11,438		—
Total bonds available-for-sale		4,665,576		—		4,558,543		107,033
Equity securities
Common stock		1,037,784		1,037,784		—		—
Preferred stock		37,655		37,652		—		3
Total equity securities		1,075,439		1,075,436		—		3
Options		82,625		—		—		82,625
Mortgage loans on real estate		3,441,645		—		3,441,645		—
Policy loans		395,333		—		—		395,333
Short-term investments		313,086		—		313,086		—
Separate account assets		841,389		—		841,389		—
Total financial assets	$	20,655,844	$	1,075,436	$	18,918,538	$	661,870
Financial liabilities
Investment contracts	$	9,987,431	$	—	$	—	$	9,987,431
Embedded derivative liability for equity-indexed contracts		75,032		—		—		75,032
Notes payable		163,384		—		—		163,384
Separate account liabilities		841,389		—		841,389		—
Total financial liabilities	$	11,067,236	$	—	$	841,389	$	10,225,847

Financial Instruments Measured at Fair Value on Recurring Basis Using Significant Unobservable Inputs (Level 3)

For financial instruments measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the period, a reconciliation of the beginning and ending balances is shown below at estimated fair value (in thousands):

	Investment Securities			Equity- Indexed Options			Embedded Derivative Liability
Beginning balance, 2012	$	99,918		$	65,188		$	(63,275	)
Total realized and unrealized investment gains/losses
Included in other comprehensive income		3,678			—			—
Net fair value change included in realized gains/losses		(17	)		—			—
Net gain (loss) for derivatives included in net investment income		—			17,798			—
Net change included in interest credited		—			—			(18,457	)
Purchases, sales and settlements or maturities
Purchases		18			4,341			—
Sales		(2,502	)		—			—
Settlements or maturities		(178	)		(2,621	)		—
Premiums less benefits		—			—			3,078
Ending balance March 31, 2012	$	100,917		$	84,706		$	(78,654	)

				Equity-			Embedded
	Investment			Indexed			Derivative
	Securities			Options			Liability
Beginning balance, 2013	$	183,912		$	82,625		$	(75,032	)
Total realized and unrealized investment gains/losses
Included in other comprehensive income		9,188			—			—
Net fair value change included in realized gains/losses		203			—			—
Net gain (loss) for derivatives included in net investment income		—			22,466			—
Net change included in interest credited		—			—			(20,647	)
Net capitalized interest
Purchases, sales and settlements or maturities
Purchases		1,975			3,290			—
Sales		(3,874	)		—			—
Settlements or maturities		—			(3,127	)		—
Premiums less benefits		—			—			1,691
Ending balance March 31, 2013	$	191,404		$	105,254		$	(93,988	)

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Segment Information - Summary of Results of Operations by Operating Segments (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Income (loss) from continuing operations before federal income taxes, and equity in earnings/losses of unconsolidated affiliates
Income (loss) from continuing operations	$ 62,148	$ 63,371
Life [Member]
Income (loss) from continuing operations before federal income taxes, and equity in earnings/losses of unconsolidated affiliates
Income (loss) from continuing operations	6,004	7,556
Annuity [Member]
Income (loss) from continuing operations before federal income taxes, and equity in earnings/losses of unconsolidated affiliates
Income (loss) from continuing operations	27,334	23,734
Accident & Health [Member]
Income (loss) from continuing operations before federal income taxes, and equity in earnings/losses of unconsolidated affiliates
Income (loss) from continuing operations	(686)	(1,452)
Property & casualty [Member]
Income (loss) from continuing operations before federal income taxes, and equity in earnings/losses of unconsolidated affiliates
Income (loss) from continuing operations	12,909	24,560
Corporate and other [Member]
Income (loss) from continuing operations before federal income taxes, and equity in earnings/losses of unconsolidated affiliates
Income (loss) from continuing operations	$ 16,587	$ 8,973

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Summary of Significant Accounting Policies and Practices - Additional Information (Detail)	Mar. 31, 2013
Accounting Policies [Abstract]
Entity ownership percentage	100.00%

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Mortgage Loans - Additional Information (Detail) (USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2013 SecurityLoan	Dec. 31, 2012	Mar. 31, 2012 SecurityLoan
Schedule Of Investments [Abstract]
Unamortized discounts	$ 3,872,000	$ 4,346,000
Unamortized origination fees, mortgage loans	$ 13,568,000	$ 14,076,000
Number of troubled debt restructurings	0		0

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Federal Income Taxes - Effective Income Tax Reconciliation (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Income Tax Disclosure [Abstract]
Income tax expense on pre-tax income	$ 21,752	$ 22,180
Tax-exempt investment income	(1,623)	(1,905)
Dividend exclusion	(1,471)	(1,469)
Miscellaneous tax credits, net	(1,961)	(2,111)
Other items, net	(5,380)	288
Total provision (benefit) for federal income taxes	$ 11,317	$ 16,983
Income tax expense on pre-tax income	35.00%	35.00%
Tax-exempt investment income	(2.60%)	(3.00%)
Dividend exclusion	(2.40%)	(2.30%)
Miscellaneous tax credits, net	(3.20%)	(3.30%)
Other items, net	(8.60%)	0.40%
Total	18.20%	26.80%

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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2012
ASSETS
Fixed maturity, bonds held-to-maturity, at amortized cost (Fair Value $9,860,707 and $9,840,751)	$ 9,061,438	$ 9,009,282
Fixed maturity, bonds available-for-sale, at fair value (Amortized cost $4,418,001 and $4,316,467)	4,769,136	4,665,576
Equity securities, at fair value (Cost $720,022 and $688,579)	1,208,788	1,075,439
Mortgage loans on real estate, net of allowance	3,170,510	3,143,011
Policy loans	393,710	395,333
Investment real estate, net of accumulated depreciation of $224,999 and $223,462	513,400	511,233
Short-term investments	233,101	313,086
Other invested assets	147,203	125,104
Total investments	19,497,286	19,238,064
Cash and cash equivalents	113,179	303,008
Investments in unconsolidated affiliates	264,550	248,425
Accrued investment income	208,733	207,314
Reinsurance recoverables	407,297	418,743
Prepaid reinsurance premiums	53,092	56,826
Premiums due and other receivables	287,050	283,446
Deferred policy acquisition costs	1,234,235	1,247,675
Property and equipment, net	90,349	92,695
Current tax receivable	5,248	14,578
Other assets	151,170	154,911
Separate account assets	888,388	841,389
Total assets	23,200,577	23,107,074
LIABILITIES
Life	2,639,925	2,650,822
Annuity	827,777	811,192
Accident and health	68,112	69,962
Policyholders' account balances	11,453,825	11,555,201
Policy and contract claims	1,362,469	1,340,366
Unearned premium reserve	752,479	757,532
Other policyholder funds	296,337	288,391
Liability for retirement benefits	268,110	265,317
Current portion of long-term notes payable	52,627	50,884
Long-term notes payable	112,500	112,500
Deferred tax liabilities, net	135,427	92,150
Other liabilities	395,329	432,041
Separate account liabilities	888,388	841,389
Total liabilities	19,253,305	19,267,747
STOCKHOLDERS' EQUITY
Common stock, $1.00 par value,-Authorized 50,000,000 Issued 30,832,449 and 30,832,449, Outstanding 26,893,412 and 26,836,664 shares	30,832	30,832
Additional paid-in capital	2,702
Accumulated other comprehensive income	307,754	242,010
Retained earnings	3,692,541	3,653,280
Treasury stock, at cost	(97,465)	(98,286)
Total American National Insurance Company stockholders' equity	3,936,364	3,827,836
Noncontrolling interest	10,908	11,491
Total stockholders' equity	3,947,272	3,839,327
Total liabilities and stockholders' equity	$ 23,200,577	$ 23,107,074

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Investments in Securities - Change in Net Unrealized Gains (Losses) on Available-for-Sale Securities (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Schedule of Available-for-sale Securities [Line Items]
Net unrealized gains (losses) on securities during the year	$ 103,932	$ 141,314
Adjustments for:
Deferred policy acquisition costs	(2,106)	(17,505)
Participating policyholders' interest	(5,091)	(5,852)
Deferred federal income tax benefit (expense)	(34,016)	(41,426)
Net unrealized gains (losses) on securities, net of tax	62,719	76,531
Bonds available-for-sale [Member]
Schedule of Available-for-sale Securities [Line Items]
Net unrealized gains (losses) on securities during the year	2,026	35,635
Equity securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Net unrealized gains (losses) on securities during the year	$ 101,906	$ 105,679

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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (USD $) In Thousands	Total	Common stock [Member]	Additional Paid-In Capital [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Noncontrolling Interest [Member]
Balance at beginning of the period at Dec. 31, 2011		$ 30,832		$ 159,403	$ 3,545,546	$ (98,490)	$ 12,947
Reissuance of treasury shares			(203)			203
Contributions							45
Net income (loss) attributable to American National Insurance Company	45,216				45,216
Other comprehensive income (loss)	79,351			79,351
Income tax effect from restricted stock arrangement			(534)
Distributions							(7)
Cash dividends to common stockholders ($0.77 per share)					(20,667)
Amortization of restricted stock			2,163
Gain (loss) attributable to noncontrolling interest	(709)						(709)
Balance at end of the period at Mar. 31, 2012	3,755,096		1,426	238,754	3,570,095	(98,287)	12,276
Balance at beginning of the period at Dec. 31, 2012	3,839,327	30,832		242,010	3,653,280	(98,286)	11,491
Reissuance of treasury shares			2,920			821
Contributions							1
Net income (loss) attributable to American National Insurance Company	59,971				59,971
Other comprehensive income (loss)	65,744			65,744
Income tax effect from restricted stock arrangement			79
Distributions							(21)
Cash dividends to common stockholders ($0.77 per share)					(20,710)
Amortization of restricted stock			(297)
Gain (loss) attributable to noncontrolling interest	(563)						(563)
Balance at end of the period at Mar. 31, 2013	$ 3,947,272		$ 2,702	$ 307,754	$ 3,692,541	$ (97,465)	$ 10,908

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Investment Real Estate - Additional Information (Detail) (USD $)	3 Months Ended
	Mar. 31, 2013	Dec. 31, 2012
Debt Instrument [Line Items]
Maximum amount of investment in long-term notes payable	$ 17,991,000	$ 18,063,000
Average interest rate on current portion of notes payable	4.00%
Interest on long-term portion of notes payable	The total long-term portion of notes payable consists of three notes with the following interest rates 4.0%, adjusted LIBOR plus 1.0% and adjusted LIBOR plus 2.5%.
Long-term notes payable	112,500,000	112,500,000
Long-term notes payable 1 [Member]
Debt Instrument [Line Items]
Average interest rate on long-term notes payable	4.00%
Long-term notes payable 2 [Member]
Debt Instrument [Line Items]
Interest rates on long-term notes payable	1.00%
Long-term notes payable	$ 12,500,000
Notes payable maturity period	5 years
Notes payable maturity year	2016
Long-term notes payable 3 [Member]
Debt Instrument [Line Items]
Interest rates on long-term notes payable	2.50%

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Federal Income Taxes (Tables)

3 Months Ended

Mar. 31, 2013

Income Tax Disclosure [Abstract]

Effective Income Tax Reconciliation

A reconciliation of the effective tax rate to the statutory federal tax rate is shown below (in thousands, except percentages):

	Three months ended March 31,
	2013						2012
	Amount			Rate			Amount			Rate
Income tax expense on pre-tax income	$	21,752			35.0	%	$	22,180			35.0	%
Tax-exempt investment income		(1,623	)		(2.6	)		(1,905	)		(3.0	)
Dividend exclusion		(1,471	)		(2.4	)		(1,469	)		(2.3	)
Miscellaneous tax credits, net		(1,961	)		(3.2	)		(2,111	)		(3.3	)
Other items, net		(5,380	)		(8.6	)		288			0.4
Total	$	11,317			18.2	%	$	16,983			26.8	%

Components of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that gave rise to the deferred tax assets and liabilities are shown below (in thousands):

	March 31,			December 31,
	2013			2012
DEFERRED TAX ASSETS
Investments, principally due to impairment losses	$	69,131		$	70,103
Investment in real estate and other invested assets principally due to investment valuation allowances		7,583			7,259
Policyholder funds, principally due to policy reserve discount		228,822			229,429
Policyholder funds, principally due to unearned premium reserve		31,689			30,337
Participating policyholders’ surplus		37,858			37,014
Pension		95,860			94,847
Commissions and other expenses		7,791			7,889
Tax carryforwards		13,421			23,041
Other assets		—			3,343
Gross deferred tax assets		492,155			503,262
DEFERRED TAX LIABILITIES
Available-for-sale securities, principally due to net unrealized gains		(293,527	)		(257,290	)
Investment in bonds, principally due to accrual of discount on bonds		(8,964	)		(9,415	)
Deferred policy acquisition costs, due to difference between GAAP and tax amortization methods		(323,280	)		(327,245	)
Property, plant and equipment, principally due to difference between GAAP and tax depreciation methods		(1,083	)		(1,462	)
Other Liabilities		(728	)		—
Gross deferred tax liabilities		(627,582	)		(595,412	)
Total net deferred tax liability	$	(135,427	)	$	(92,150	)

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Fair Value of Financial Instruments - Carrying Amount and Estimated Fair Value of Financial Instruments (Detail) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2012
Financial assets
Separate account assets, fair value disclosure	$ 888,388	$ 841,389
Financial liabilities
Separate account liabilities, fair value disclosure	888,388	841,389
Carrying Amount [Member]
Financial assets
Held-to-maturity, fair value disclosure	9,061,438	9,009,282
Equity Indexed Options, fair value disclosure	105,254	82,625
Short-term investments, fair value disclosure	233,101	313,086
Separate account assets, fair value disclosure	888,388	841,389
Total financial assets, fair value disclosure	19,830,325	19,525,741
Financial liabilities
Liabilities related to investment contracts, fair value disclosure	9,782,653	9,987,431
Embedded derivative liability for equity-indexed contracts, fair value disclosure	93,988	75,032
Notes payable, fair value disclosure	165,127	163,384
Separate account liabilities, fair value disclosure	888,388	841,389
Total financial liabilities, fair value disclosure	10,930,156	11,067,236
Carrying Amount [Member] | Mortgage loans on real estate [Member]
Financial assets
Loans receivable, fair value disclosure	3,170,510	3,143,011
Carrying Amount [Member] | Policy loans [Member]
Financial assets
Loans receivable, fair value disclosure	393,710	395,333
Carrying Amount [Member] | Bonds available-for-sale [Member]
Financial assets
Available-for-sale securities fair value disclosure	4,769,136	4,665,576
Carrying Amount [Member] | Equity securities [Member]
Financial assets
Available-for-sale securities fair value disclosure	1,208,788	1,075,439
Estimated Fair Value [Member]
Financial assets
Held-to-maturity, fair value disclosure	9,860,707	9,840,751
Equity Indexed Options, fair value disclosure	105,254	82,625
Short-term investments, fair value disclosure	233,101	313,086
Separate account assets, fair value disclosure	888,388	841,389
Total financial assets, fair value disclosure	20,885,127	20,655,844
Financial liabilities
Liabilities related to investment contracts, fair value disclosure	9,782,653	9,987,431
Embedded derivative liability for equity-indexed contracts, fair value disclosure	93,988	75,032
Notes payable, fair value disclosure	165,127	163,384
Separate account liabilities, fair value disclosure	888,388	841,389
Total financial liabilities, fair value disclosure	10,930,156	11,067,236
Estimated Fair Value [Member] | Mortgage loans on real estate [Member]
Financial assets
Loans receivable, fair value disclosure	3,426,043	3,441,645
Estimated Fair Value [Member] | Policy loans [Member]
Financial assets
Loans receivable, fair value disclosure	393,710	395,333
Estimated Fair Value [Member] | Bonds available-for-sale [Member]
Financial assets
Available-for-sale securities fair value disclosure	4,769,136	4,665,576
Estimated Fair Value [Member] | Equity securities [Member]
Financial assets
Available-for-sale securities fair value disclosure	$ 1,208,788	$ 1,075,439

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Stockholders' Equity and Noncontrolling Interests

3 Months Ended

Mar. 31, 2013

Equity [Abstract]

Stockholders' Equity and Noncontrolling Interests

14. STOCKHOLDERS’ EQUITY AND NONCONTROLLING INTERESTS

American National has one class of common stock with a par value of $1.00 per share and 50,000,000 authorized shares. The amounts outstanding at the dates indicated are shown below:

	March 31,			December 31,
	2013			2012
Common stock
Shares issued		30,832,449			30,832,449
Treasury shares		(3,939,037	)		(3,995,785	)
Outstanding shares		26,893,412			26,836,664
Restricted shares		(195,334	)		(185,334	)
Unrestricted outstanding shares		26,698,078			26,651,330

Stock-based compensation

American National has one stock-based compensation plan, which allows for grants of Non-Qualified Stock Options, Stock Appreciation Rights (“SAR”), Restricted Stock (“RS”) Awards, Restricted Stock Units (“RSU”), Performance Awards, Incentive Awards or any combination thereof. This plan is administered by the American National Board Compensation Committee. The Board Compensation Committee makes incentive awards under this plan to our executives after meeting established performance objectives. All awards are subject to review and approval by the committee and the Board of Directors, both at the time of setting applicable performance objectives and at the same time of payment of the awards. The number of shares available for grants under the plan cannot exceed 2,900,000 shares, and no more than 200,000 shares may be granted to any one individual in any calendar year. Grants are made to certain officers and directors as compensation and to align their interests with those of other shareholders.

SAR, RS and RSU information for the periods indicated is shown below:

	SAR					RS Shares				RS Units
	Shares			Weighted- Average  Grant Date Fair Value		Shares		Weighted- Average  Grant Date Fair Value		Units			Weighted- Average  Grant Date Fair Value
Outstanding at December 31, 2012		108,951		$	111.31		185,334	$	109.13		127,059		$	75.06
Granted		—			—		10,000		80.05		71,084			80.05
Exercised		(200	)		66.76		—		—		(74,580	)		77.03
Forfeited		(134	)		66.76		—		—		(99	)		77.20
Expired		(4,600	)		111.95		—		—		—			—
Outstanding at March 31, 2013		104,017		$	111.42		195,334	$	107.64		123,464		$	76.74

	SAR		RS Shares		RS Units
Weighted-average contractual remaining life		2.6 years		4.8 years		2.4 years
Weighted-average exercise price	$	111.42	$	107.64	$	76.74
Exercisable shares		88,292		N/A		—
Weighted-average exercise price Exercisable shares	$	111.27		N/A		N/A

The SARs give the holder the right to cash compensation based on the difference between the price of a share of stock on the grant date and the price on the exercise date. The SARs vest at a rate of 20% per year for five years and expire five years after vesting. The fair value of the SARs was $34,000 and $3,000 at March 31, 2013 and December 31, 2012, respectively. Compensation expense was recorded totaling $32,000 for the three months ended March 31, 2013, and a credit to compensation expense was recorded totaling $2,000 for the three months ended March 31, 2012.

Effective December 31, 2012, the settlement provision within outstanding RSU awards was modified to allow the recipient of the awards to settle the vested RSUs in either cash or American National’s common stock. This change in the settlement provision is expected to apply to all future issuance of RSU awards. Prior to the modification, vested RSUs were converted to American National’s common stock on a one-for-one basis. This modification changes the award classification from equity to liability award. At the date of modification, American National recorded a liability of $7,974,000 with a corresponding reduction in additional paid-in capital. The liability will be remeasured and adjusted for changes in the fair value each reporting period through the vesting date. The fair value of the liability was $4,579,000 and $7,974,000 at March 31, 2013 and December 31, 2012, respectively. RSUs generally vest after a three-year graded vesting requirement. Certain awards vest over a shorter period as a result of retirement provisions. Compensation expense of $5,563,000 and $1,493,000 was recorded for the three months ended March 31, 2013 and 2012, respectively. The modification, which was applied consistently to all participants added an incremental cost of $1,408,000.

RS Awards entitle the participant to full dividend and voting rights. Each award has the value of one share of restricted stock and vests 10 years from the grant date. Unvested shares are restricted as to disposition, and are subject to forfeiture under certain circumstances. Compensation expense is recognized over the vesting period. The restrictions on these awards lapse after 10 years, and these awards feature a graded vesting schedule in the case of the retirement of an award holder. Restricted stock for 350,334 shares has been granted at an exercise price of zero, of which 195,334 shares are unvested. The compensation expense recorded was $505,000 and $670,000 for the three months ended March 31, 2013 and 2012, respectively.

Earnings (loss) per share

Basic earnings (losses) per share were calculated using a weighted-average number of shares outstanding. The Restricted Stock awards and units resulted in diluted earnings per share as follows (in thousands, except share-related data):

	Three months ended March 31,
	2013		2012
Weighted average shares outstanding		26,763,896		26,565,164
Incremental shares from RS awards and RSUs		123,255		193,791
Total shares for diluted calculations		26,887,151		26,758,955
Net income (loss) attributable to American National Insurance Company	$	59,971	$	45,216
Basic earnings (loss) per share	$	2.24	$	1.70
Diluted earnings (loss) per share		2.23		1.69

Dividends

American National Insurance Company’s payment of dividends to stockholders is restricted by statutory regulations. The restrictions require life insurance companies to maintain minimum amounts of capital and surplus, and in the absence of special approval, limit the payment of dividends to the greater of statutory net gain from operations on an annual, non-cumulative basis, or 10% of statutory surplus. Additionally, insurance companies are not permitted to distribute the excess of stockholders’ equity, as determined on a GAAP basis, over that determined on a statutory basis. At March 31, 2013 and December 31, 2012, American National Insurance Company’s statutory capital and surplus was $2,376,889,000 and $2,260,268,000, respectively.

Similar restrictions on amounts that can transfer in the form of dividends, loans, or advances to the parent company apply to American National’s insurance subsidiaries. Net assets of insurance subsidiaries were approximately $1,557,463,000 and $1,535,082,000 at March 31, 2013 and December 31, 2012, respectively.

Noncontrolling interests

American National County Mutual Insurance Company (“County Mutual”) is a mutual insurance company that is owned by its policyholders. American National has a management agreement that effectively gives it complete control of County Mutual. As a result, County Mutual is included in the consolidated financial statements of American National. Policyholder interests in the financial position of County Mutual are reflected as noncontrolling interest of $6,750,000 at March 31, 2013 and December 31, 2012.

American National Insurance Company and its subsidiaries exercise significant control or ownership of various joint ventures, resulting in their consolidation into American National’s consolidated financial statements. The interests of the joint ventures’ other partners are shown as noncontrolling interests, of $4,158,000 and $4,741,000 at March 31, 2013 and December 31, 2012, respectively.

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Components of Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2013

Equity [Abstract]

Components of Other Comprehensive Income (Loss)

The components of and changes in the accumulated other comprehensive income (loss) (“AOCI”), and the related tax effects, are shown below (in thousands):

	Net  Unrealized Gains/(Losses) on Securities			Defined Benefit Pension Plan Adjustments			Foreign Currency Adjustments		AOCI
Beginning balance 2012	$	274,837		$	(115,485)		$	51	$	159,403
Unrealized holding gains (losses) arising during the period (net of tax expense $52,330)		97,184								97,184
Unrealized adjustment to DAC (net of tax benefit $5,901)		(11,604	)							(11,604	)
Unrealized (gains) losses on investments attributable to participating policyholders’ interest (net of tax benefit $2,048)		(3,804	)							(3,804	)
Foreign currency adjustment (net of tax expense $82)								152		152
Amounts reclassified from AOCI (net of tax benefit $2,955 and expense $1,437)		(5,245	)		2,668					(2,577	)
Ending balance at March 31, 2012	$	351,368		$	(112,817	)	$	203	$	238,754

	Net  Unrealized Gains/(Losses) on Securities			Defined Benefit Pension Plan Adjustments			Foreign Currency Adjustments		AOCI
Beginning balance 2013	$	370,842		$	(129,003	)	$	171	$	242,010
Unrealized holding gains (losses) arising during the period (net of tax expense $39,671)		73,674								73,674
Unrealized adjustment to DAC (net of tax benefit $439)		(1,667	)							(1,667	)
Unrealized (gains) losses on investments attributable to participating policyholders’ interest (net of tax benefit $1,782)		(3,309	)							(3,309	)
Foreign currency adjustment (net of tax expense $80)								149		149
Amounts reclassified from AOCI (net of tax benefit $3,434 and expense $1,549)		(5,979	)		2,876					(3,103	)
Ending balance at March 31, 2013	$	433,561		$	(126,127	)	$	320	$	307,754

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Commitments and Contingencies

3 Months Ended

Mar. 31, 2013

Commitments And Contingencies Disclosure [Abstract]

Commitments and Contingencies

16. COMMITMENTS AND CONTINGENCIES

Commitments

American National had aggregate commitments at March 31, 2013, to purchase, expand or improve real estate, to fund fixed interest into mortgage loans, and to purchase other invested assets of $269,983,000, of which $206,225,000 is expected to be funded in 2013. The remaining $63,758,000 will be funded in 2014 and beyond.

In September 2012, American National renewed an existing $100,000,000 short-term variable rate borrowing facility containing a $55,000,000 sub-feature for the issuance of letters of credit. Borrowings under the facility are at the discretion of the lender and would be used only for funding working capital requirements. The combination of borrowings and outstanding letters of credit cannot exceed $100,000,000 at any time. As of March 31, 2013 and December 31, 2012, the outstanding letters of credit were $33,495,000 and $33,696,000, respectively, and there were no borrowings on this facility to meet liquidity requirements. This facility expires on September 30, 2013. American National expects it will be renewed on substantially equivalent terms upon expiration.

Guarantees

American National has guaranteed bank loans for customers of a third-party marketing operation. The bank loans are used to fund premium payments on life insurance policies issued by American National. The loans are secured by the cash values of the life insurance policies. If the customer were to default on the bank loan, American National would be obligated to pay off the loans. As the cash values of the life insurance policies always equal or exceed the balance of the loans, management does not foresee any loss on these guarantees. The total amount of the guarantees outstanding as of March 31, 2013, was approximately $206,376,000, while the total cash values of the related life insurance policies was approximately $211,857,000.

Litigation

American National and certain subsidiaries, in common with the insurance industry in general, are defendants in various lawsuits concerning alleged breaches of contracts, various employment matters, allegedly deceptive insurance sales and marketing practices, and miscellaneous other causes of action arising in the ordinary course of operations. Certain of these lawsuits include claims for compensatory and punitive damages. We provide accruals for these items to the extent we deem the losses probable and reasonably estimable. After reviewing these matters with legal counsel, based upon information presently available, management is of the opinion that the ultimate resultant liability, if any, would not have a material adverse effect on American National’s consolidated financial position, liquidity or results of operations; however, assessing the eventual outcome of litigation necessarily involves forward-looking speculation as to judgments to be made by judges, juries and appellate courts in the future. Such speculation warrants caution, as the frequency of large damage awards, which bear little or no relation to the economic damages incurred by plaintiffs in some jurisdictions, continues to create the potential for an unpredictable judgment in any given lawsuit. These lawsuits are in various stages of development, and future facts and circumstances could result in management’s changing its conclusions. It is possible that, if the defenses in these lawsuits are not successful, and the judgments are greater than management can anticipate, the resulting liability could have a material impact on our consolidated financial position, liquidity or results of operations. With respect to the existing litigation, management currently believes that the possibility of a material judgment adverse to American National is remote and no estimate of range can be made for loss contingencies that are at least reasonably possible but not accrued.

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Fair Value of Financial Instruments - Financial Instruments Measured at Fair Value on Recurring Basis Using Significant Unobservable Inputs (Level 3) (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Embedded Derivative Liability [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning balance	$ (75,032)	$ (63,275)
Net change included in interest credited	(20,647)	(18,457)
Premiums less benefits	1,691	3,078
Ending balance	(93,988)	(78,654)
Investment Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning balance	183,912	99,918
Total realized and unrealized investment gains/losses Included in other comprehensive income	9,188	3,678
Net fair value change included in realized gains/losses	203	(17)
Purchases	1,975	18
Sales	(3,874)	(2,502)
Settlements or maturities		(178)
Ending balance	191,404	100,917
Equity-Indexed Options [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning balance	82,625	65,188
Net gain (loss) for derivatives included in net investment income	22,466	17,798
Purchases	3,290	4,341
Settlements or maturities	(3,127)	(2,621)
Ending balance	$ 105,254	$ 84,706

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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) (Retained Earnings [Member], USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Retained Earnings [Member]
Cash dividends to common stockholders	$ 0.77	$ 0.77

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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Parenthetical) (USD $) In Thousands, except Share data, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2012
Statement Of Financial Position [Abstract]
Fair Value of bonds held-to-maturity	$ 9,860,707	$ 9,840,751
Amortized cost of bonds available-for-sale	4,418,001	4,316,467
Cost of equity securities	720,022	688,579
Accumulated depreciation of investment real estate	$ 224,999	$ 223,462
Common stock, par value	$ 1.00	$ 1.00
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	30,832,449	30,832,449
Common stock, shares outstanding	26,893,412	26,836,664

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Fair Value of Financial Instruments

3 Months Ended

Mar. 31, 2013

Fair Value Disclosures [Abstract]

Fair Value of Financial Instruments

9. FAIR VALUE OF FINANCIAL INSTRUMENTS

The carrying amount and estimated fair value of financial instruments are shown below (in thousands):

	March 31, 2013				December 31, 2012
	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
Financial assets
Fixed maturity securities, bonds held-to-maturity	$	9,061,438	$	9,860,707	$	9,009,282	$	9,840,751
Fixed maturity securities, bonds available-for-sale		4,769,136		4,769,136		4,665,576		4,665,576
Equity securities		1,208,788		1,208,788		1,075,439		1,075,439
Equity-indexed options		105,254		105,254		82,625		82,625
Mortgage loans on real estate, net of allowance		3,170,510		3,426,043		3,143,011		3,441,645
Policy loans		393,710		393,710		395,333		395,333
Short-term investments		233,101		233,101		313,086		313,086
Separate account assets		888,388		888,388		841,389		841,389
Total financial assets	$	19,830,325	$	20,885,127	$	19,525,741	$	20,655,844
Financial liabilities
Investment contracts	$	9,782,653	$	9,782,653	$	9,987,431	$	9,987,431
Embedded derivative liability for equity-indexed contracts		93,988		93,988		75,032		75,032
Notes payable		165,127		165,127		163,384		163,384
Separate account liabilities		888,388		888,388		841,389		841,389
Total financial liabilities	$	10,930,156	$	10,930,156	$	11,067,236	$	11,067,236

Summary

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability. A fair value hierarchy is used to determine fair value based on a hypothetical transaction at the measurement date from the perspective of a market participant. American National has evaluated the types of securities in its investment portfolio to determine an appropriate hierarchy level based upon trading activity and the observability of market inputs. The classification of assets or liabilities within the fair value hierarchy is based on the lowest level of significant input to its valuation. The input levels are defined as follows:

Level 1 Unadjusted quoted prices in active markets for identical assets or liabilities.

Level 2 Quoted prices in markets that are not active or inputs that are observable directly or indirectly. Level 2 inputs include quoted prices for similar assets or liabilities other than quoted prices in Level 1; quoted prices in markets that are not active; or other inputs that are observable or can be derived principally from or corroborated by observable market data for substantially the full term of the assets or liabilities.

Level 3 Unobservable inputs that are supported by little or no market activity and are significant to the fair value of the assets or liabilities. Unobservable inputs reflect American National’s own assumptions about the assumptions that market participants would use in pricing the asset or liability. Level 3 assets and liabilities include financial instruments whose values are determined using pricing models and third-party evaluation, as well as instruments for which the determination of fair value requires significant management judgment or estimation.

Fixed Maturity Securities and Equity Options—American National utilizes a pricing service to estimate fair value measurements. The estimates of fair value for most fixed maturity securities, including municipal bonds, provided by the pricing service are disclosed as Level 2 measurements as the estimates are based on observable market information rather than market quotes.

The pricing service utilizes market quotations for fixed maturity securities that have quoted prices in active markets. Since fixed maturity securities generally do not trade on a daily basis, the pricing service prepares estimates of fair value measurements for these securities using its proprietary pricing applications, which include available relevant market information, benchmark curves, benchmarking of like securities, sector groupings and matrix pricing. Additionally, an option adjusted spread model is used to develop prepayment and interest rate scenarios.

The pricing service evaluates each asset class based on relevant market information, relevant credit information, perceived market movements and sector news. The market inputs utilized in the pricing evaluation, listed in the approximate order of priority, include: benchmark yields, reported trades, broker/dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers, reference data, and economic events. The extent of the use of each market input depends on the asset class and the market conditions. Depending on the security, the priority of the use of inputs may change or some market inputs may not be relevant. For some securities, additional inputs may be necessary.

American National has reviewed the inputs and methodology used and the techniques applied by the pricing service to produce quotes that represent the fair value of a specific security. The review confirms the service is utilizing information from observable transactions or a technique that represents a market participant’s assumptions. American National does not adjust quotes received from the pricing service. The pricing service utilized by American National has indicated that they will only produce an estimate of fair value if there is objectively verifiable information available.

American National holds a small amount of private placement debt and fixed maturity securities that have characteristics that make them unsuitable for matrix pricing. For these securities, a quote from an independent broker (typically a market maker) is obtained. Due to the disclaimers on the quotes that indicate that the price is indicative only, American National includes these fair value estimates in Level 3.

The pricing of certain commercial mortgage-backed securities use discounted cash flow models and these securities are classified as Level 3 measurements. These models include significant non-observable inputs including an internally determined credit rating of the security and an externally provided credit spread. At March 31, 2013 and December 31, 2012, the modeled discount rate ranges from 5.9% to 6.0%.

For securities priced using a quote from an independent broker, such as the equity options and certain fixed maturity securities, American National uses a market-based fair value analysis to validate the reasonableness of prices received from an independent broker. Price variances above a certain threshold are analyzed further to determine if any pricing issue exists. This analysis is generally performed on a weekly basis, but no less frequently than on a monthly basis.

Equity Securities—For publicly-traded equity securities, prices are received from a nationally recognized pricing service that are based on observable market transactions and these securities are classified as Level 1 measurements. For certain preferred stock, current market quotes in active markets are unavailable. In these instances, an estimate of fair value is received from the pricing service. The service utilizes similar methodologies to price preferred stocks as it does for fixed maturity securities. These estimates are disclosed as Level 2 measurements. American National tests the accuracy of the information provided by reference to other services regularly.

Mortgage Loans—The fair value of mortgage loans is estimated using discounted cash flow analyses on a loan by loan basis by applying a discount rate to expected cash flows from future installment and balloon payments. The discount rate takes into account general market trends and specific credit risk trends for the individual loan. Factors used to arrive at the discount rate include inputs from spreads based on U.S. Treasury notes and the loan’s credit rating, region, property type, lien number, payment type and current status.

Embedded Derivative—The embedded derivative liability for equity-indexed contracts is measured at fair value and is recalculated each reporting period using equity option pricing models. To validate the assumptions used to price the embedded derivative liability, American National measures and compares embedded derivative returns against the returns of equity options held to hedge the liability cash flows.

The significant unobservable input used to calculate the fair value of the embedded derivatives is equity option implied volatility. This volatility assumption is the range of implied volatilities that American National has determined market participants would use to price equity options that match the current derivative characteristics of our in-force equity-indexed contracts. Implied volatility can vary by term and strike price. An increase in implied volatility will result in an increase in the value of the equity-indexed embedded derivatives, all other things being equal. At March 31, 2013 and December 31, 2012, the implied volatility used to estimate embedded derivative value ranges from 10.8% to 29.6% and 15.9% to 30.1%, respectively.

Other Financial Instruments—Other financial instruments classified as level 3 measurements, as there is little or no market activity, are as follows:

Policy loans—The carrying value of policy loans is the outstanding balance plus any accrued interest. Due to the collateralized nature of policy loans, unpredictable timing of repayments and the fact that it cannot be separated from the policy contract and it is settled at outstanding value, American National believes that the carrying value of policy loans approximates fair value.

Investment contracts liability—The carrying value of investment contracts liability is equivalent to the accrued account balance. The accrued account balance consists of deposits, net of withdrawals, plus or minus interest credited, fees and charges assessed and other adjustments. American National believes that the carrying value of investment contracts liability approximates fair value because the majority of these contracts’ interest rates reset to current rates offered at anniversary.

Notes payable—Notes payable are carried at outstanding principal balance. The carrying value of the notes payable approximates fair value because the underlying interest rates approximate market rates at the balance sheet date.

Quantitative Disclosures

The quantitative disclosures regarding fair value hierarchy measurements of the financial instruments are shown below (in thousands):

	Fair Value Measurement as of March 31, 2013
	Total Estimated Fair Value		Level 1		Level 2		Level 3
Financial assets
Fixed maturity securities, bonds held-to-maturity
U.S. treasury and government	$	3,632	$	—	$	3,632	$	—
U.S. states and political subdivisions		421,691		—		421,691		—
Foreign governments		33,233		—		33,233		—
Corporate debt securities		8,832,475		—		8,754,161		78,314
Residential mortgage-backed securities		526,198		—		525,143		1,055
Collateralized debt securities		2,672		—		—		2,672
Other debt securities		40,806		—		40,806		—
Total bonds held-to-maturity		9,860,707		—		9,778,666		82,041
Fixed maturity securities, bonds available-for-sale
U.S. treasury and government		22,990		—		22,990		—
U.S. states and political subdivisions		625,237		—		622,712		2,525
Foreign governments		7,307		—		7,307		—
Corporate debt securities		3,970,150		—		3,899,707		70,443
Residential mortgage-backed securities		81,573		—		79,117		2,456
Commercial mortgage-backed securities		32,008		—		—		32,008
Collateralized debt securities		18,450		—		16,519		1,931
Other debt securities		11,421		—		11,421		—
Total bonds available-for-sale		4,769,136		—		4,659,773		109,363
Equity securities
Common stock		1,168,491		1,168,491		—		—
Preferred stock		40,297		40,297		—		—
Total equity securities		1,208,788		1,208,788		—		—
Options		105,254		—		—		105,254
Mortgage loans on real estate		3,426,043		—		3,426,043		—
Policy loans		393,710		—		—		393,710
Short-term investments		233,101		—		233,101		—
Separate account assets		888,388		—		888,388		—
Total financial assets	$	20,885,127	$	1,208,788	$	18,985,971	$	690,368
Financial liabilities
Investment contracts	$	9,782,653	$	—	$	—	$	9,782,653
Embedded derivative liability for equity-indexed contracts		93,988		—		—		93,988
Notes payable		165,127		—		—		165,127
Separate account liabilities		888,388		—		888,388		—
Total financial liabilities	$	10,930,156	$	—	$	888,388	$	10,041,768

	Fair Value Measurement as of December 31, 2012
	Total Estimated Fair Value		Level 1		Level 2		Level 3
Financial assets
Fixed maturity securities, bonds held-to-maturity
U.S. treasury and government	$	3,662	$	—	$	3,662	$	—
U.S. states and political subdivisions		433,695		—		433,695		—
Foreign governments		33,438		—		33,438		—
Corporate debt securities		8,735,158		—		8,662,164		72,994
Residential mortgage-backed securities		590,502		—		589,441		1,061
Collateralized debt securities		2,821		—		—		2,821
Other debt securities		41,475		—		41,475		—
Total bonds held-to-maturity		9,840,751		—		9,763,875		76,876
Fixed maturity securities, bonds available-for-sale
U.S. treasury and government		20,805		—		20,805		—
U.S. states and political subdivisions		615,438		—		612,913		2,525
Foreign governments		7,344		—		7,344		—
Corporate debt securities		3,872,633		—		3,796,949		75,684
Residential mortgage-backed securities		94,385		—		91,938		2,447
Commercial mortgage-backed securities		24,442		—		—		24,442
Collateralized debt securities		19,091		—		17,156		1,935
Other debt securities		11,438		—		11,438		—
Total bonds available-for-sale		4,665,576		—		4,558,543		107,033
Equity securities
Common stock		1,037,784		1,037,784		—		—
Preferred stock		37,655		37,652		—		3
Total equity securities		1,075,439		1,075,436		—		3
Options		82,625		—		—		82,625
Mortgage loans on real estate		3,441,645		—		3,441,645		—
Policy loans		395,333		—		—		395,333
Short-term investments		313,086		—		313,086		—
Separate account assets		841,389		—		841,389		—
Total financial assets	$	20,655,844	$	1,075,436	$	18,918,538	$	661,870
Financial liabilities
Investment contracts	$	9,987,431	$	—	$	—	$	9,987,431
Embedded derivative liability for equity-indexed contracts		75,032		—		—		75,032
Notes payable		163,384		—		—		163,384
Separate account liabilities		841,389		—		841,389		—
Total financial liabilities	$	11,067,236	$	—	$	841,389	$	10,225,847

For financial instruments measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the period, a reconciliation of the beginning and ending balances is shown below at estimated fair value (in thousands):

	Investment Securities			Equity- Indexed Options			Embedded Derivative Liability
Beginning balance, 2012	$	99,918		$	65,188		$	(63,275	)
Total realized and unrealized investment gains/losses
Included in other comprehensive income		3,678			—			—
Net fair value change included in realized gains/losses		(17	)		—			—
Net gain (loss) for derivatives included in net investment income		—			17,798			—
Net change included in interest credited		—			—			(18,457	)
Purchases, sales and settlements or maturities
Purchases		18			4,341			—
Sales		(2,502	)		—			—
Settlements or maturities		(178	)		(2,621	)		—
Premiums less benefits		—			—			3,078
Ending balance March 31, 2012	$	100,917		$	84,706		$	(78,654	)

				Equity-			Embedded
	Investment			Indexed			Derivative
	Securities			Options			Liability
Beginning balance, 2013	$	183,912		$	82,625		$	(75,032	)
Total realized and unrealized investment gains/losses
Included in other comprehensive income		9,188			—			—
Net fair value change included in realized gains/losses		203			—			—
Net gain (loss) for derivatives included in net investment income		—			22,466			—
Net change included in interest credited		—			—			(20,647	)
Net capitalized interest
Purchases, sales and settlements or maturities
Purchases		1,975			3,290			—
Sales		(3,874	)		—			—
Settlements or maturities		—			(3,127	)		—
Premiums less benefits		—			—			1,691
Ending balance March 31, 2013	$	191,404		$	105,254		$	(93,988	)

Within the net gain (loss) for derivatives included in net investment income were an unrealized gain of $21,580,000 and $17,399,000 relating to assets still held at March 31, 2013 and 2012, respectively.

There were no transfers between Level 1 and Level 2 fair value hierarchies. The transfers into Level 3 were the result of existing securities no longer being priced by the third-party pricing service at the end of the period. American National’s valuation of these securities involves judgment regarding assumptions market participants would use including quotes from independent brokers. The transfers out of Level 3 were securities being priced by a third-party service at the end of the period, using inputs that are observable or derived from market data, which resulted in classification of these assets as Level 2.

XML

Document and Entity Information	3 Months Ended
	Mar. 31, 2013	May 01, 2013
Document Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2013
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q1
Trading Symbol	ANAT
Entity Registrant Name	AMERICAN NATIONAL INSURANCE CO /TX/
Entity Central Index Key	0000904163
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		26,893,412

XML

Deferred Policy Acquisition Costs

3 Months Ended

Mar. 31, 2013

Insurance [Abstract]

Deferred Policy Acquisition Costs

10. DEFERRED POLICY ACQUISITION COSTS

Deferred policy acquisition costs and premiums are shown below (in thousands):

							Accident			Property &
	Life			Annuity			& Health			Casualty			Total
Beginning balance 2013	$	653,416		$	406,540		$	49,206		$	138,513		$	1,247,675
Additions		25,908			13,229			2,575			49,827			91,539
Amortization		(19,959	)		(22,652	)		(4,124	)		(56,138	)		(102,873	)
Effect of change in unrealized gains on available-for-sale securities		(2,314	)		208			—			—			(2,106	)
Net change		3,635			(9,215	)		(1,549	)		(6,311	)		(13,440	)
Ending balance at March 31, 2013		657,051			397,325			47,657			132,202			1,234,235

Commissions comprise the majority of the additions to deferred policy acquisition costs for each year.

XML

Stockholders' Equity and Noncontrolling Interests - Summary of Basic And Diluted Earnings Per Share (Detail) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Earnings Per Share [Abstract]
Weighted average shares outstanding	26,763,896	26,565,164
Incremental shares from RS awards and RSUs	123,255	193,791
Total shares for diluted calculations	26,887,151	26,758,955
Net income (loss) attributable to American National Insurance Company	$ 59,971	$ 45,216
Basic earnings (loss) per share	$ 2.24	$ 1.70
Diluted earnings (loss) per share	$ 2.23	$ 1.69

XML

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Premiums
Life	$ 68,655	$ 66,451
Annuity	32,696	28,412
Accident and health	52,729	57,054
Property and casualty	265,689	273,169
Other policy revenues	49,998	48,047
Net investment income	251,366	255,696
Realized investment gains (losses)	18,538	9,808
Other-than-temporary impairments	(1,587)	(2,837)
Other income	6,961	6,875
Total premiums and other revenues	745,045	742,675
Policyholder benefits
Life	81,502	83,823
Annuity	40,695	39,245
Claims incurred
Accident and health	38,968	44,675
Property and casualty	189,594	187,552
Interest credited to policyholders' account balances	111,106	124,864
Commissions for acquiring and servicing policies	85,123	95,514
Other operating expenses	124,575	101,993
Change in deferred policy acquisition costs	11,334	1,638
Total benefits, losses and expenses	682,897	679,304
Income (loss) before federal income tax and equity in earnings/losses of unconsolidated affiliates	62,148	63,371
Less: Provision (benefit) for federal income taxes
Current	4,964	7,287
Deferred	6,353	9,696
Total provision (benefit) for federal income taxes	11,317	16,983
Equity in earnings (losses) of unconsolidated affiliates, net of tax	8,577	(1,881)
Net income (loss)	59,408	44,507
Less: Net income (loss) attributable to noncontrolling interest, net of tax	(563)	(709)
Net income (loss) attributable to American National Insurance Company	$ 59,971	$ 45,216
Earnings per share
Basic	$ 2.24	$ 1.70
Diluted	$ 2.23	$ 1.69
Weighted average common shares outstanding	26,763,896	26,565,164
Weighted average common shares outstanding and dilutive potential common shares	26,887,151	26,758,955

XML

Investments in Securities

3 Months Ended

Mar. 31, 2013

Investments Debt And Equity Securities [Abstract]

Investments in Securities

4. INVESTMENTS IN SECURITIES

The cost or amortized cost and estimated fair value of investments in securities are shown below (in thousands):

	March 31, 2013
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Estimated Fair Value
Fixed maturity securities, bonds held-to-maturity
U.S. treasury and government	$	3,582	$	50	$	—		$	3,632
U.S. states and political subdivisions		381,081		40,615		(5	)		421,691
Foreign governments		29,078		4,155		—			33,233
Corporate debt securities		8,119,293		722,278		(9,096	)		8,832,475
Residential mortgage-backed securities		488,346		38,823		(971	)		526,198
Collateralized debt securities		2,378		294		—			2,672
Other debt securities		37,680		3,126		—			40,806
Total bonds held-to-maturity		9,061,438		809,341		(10,072	)		9,860,707
Fixed maturity securities, bonds available-for-sale
U.S. treasury and government		21,881		1,110		(1	)		22,990
U.S. states and political subdivisions		582,361		43,642		(766	)		625,237
Foreign governments		5,000		2,307		—			7,307
Corporate debt securities		3,683,441		297,833		(11,124	)		3,970,150
Residential mortgage-backed securities		77,301		4,464		(192	)		81,573
Commercial mortgage-backed securities		20,934		11,074		—			32,008
Collateralized debt securities		17,037		1,431		(18	)		18,450
Other debt securities		10,046		1,375		—			11,421
Total bonds available-for-sale		4,418,001		363,236		(12,101	)		4,769,136
Equity securities
Common stock		692,332		482,712		(6,553	)		1,168,491
Preferred stock		27,690		12,607		—			40,297
Total equity securities		720,022		495,319		(6,553	)		1,208,788
Total investments in securities	$	14,199,461	$	1,667,896	$	(28,726	)	$	15,838,631

	December 31, 2012
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Estimated Fair Value
Fixed maturity securities, bonds held-to-maturity
U.S. treasury and government	$	3,593	$	69	$	—		$	3,662
U.S. states and political subdivisions		393,541		40,161		(7	)		433,695
Foreign governments		29,071		4,367		—			33,438
Corporate debt securities		7,993,167		748,773		(6,782	)		8,735,158
Residential mortgage-backed securities		549,384		42,313		(1,195	)		590,502
Collateralized debt securities		2,500		321		—			2,821
Other debt securities		38,026		3,449		—			41,475
Total bonds held-to-maturity		9,009,282		839,453		(7,984	)		9,840,751
Fixed maturity securities, bonds available-for-sale
U.S. treasury and government		19,649		1,156		—			20,805
U.S. states and political subdivisions		570,751		44,792		(105	)		615,438
Foreign governments		5,000		2,344		—			7,344
Corporate debt securities		3,582,913		303,908		(14,188	)		3,872,633
Residential mortgage-backed securities		89,486		5,165		(266	)		94,385
Commercial mortgage-backed securities		20,933		3,509		—			24,442
Collateralized debt securities		17,676		1,448		(33	)		19,091
Other debt securities		10,059		1,379		—			11,438
Total bonds available-for-sale		4,316,467		363,701		(14,592	)		4,665,576
Equity securities
Common stock		660,889		383,634		(6,739	)		1,037,784
Preferred stock		27,690		9,995		(30	)		37,655
Total equity securities		688,579		393,629		(6,769	)		1,075,439
Total investments in securities	$	14,014,328	$	1,596,783	$	(29,345	)	$	15,581,766

Actual maturities differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Residential and commercial mortgage-backed securities, which are not due at a single maturity, have been allocated to their respective categories based on the year of final contractual maturity. The amortized cost and estimated fair value, by contractual maturity of fixed maturity securities are shown below (in thousands):

	March 31, 2013
	Bonds Held-to-Maturity				Bonds Available-for-Sale
	Amortized Cost		Estimated Fair Value		Amortized Cost		Estimated Fair Value
Due in one year or less	$	1,024,759	$	1,045,015	$	505,946	$	519,855
Due after one year through five years		2,540,829		2,808,251		1,437,138		1,569,414
Due after five years through ten years		4,891,100		5,354,001		2,064,558		2,238,286
Due after ten years		598,900		648,428		405,359		436,756
Without single maturity date		5,850		5,012		5,000		4,825
Total	$	9,061,438	$	9,860,707	$	4,418,001	$	4,769,136

All gains and losses for securities sold throughout the year were determined using specific identification of the securities sold. Proceeds from the sales of these securities, with the realized gains and losses, are shown below (in thousands):

	Three months ended March 31,
	2013			2012
Proceeds from sales of available-for-sale securities	$	76,857		$	32,673
Gross realized gains		10,738			11,080
Gross realized losses		(522	)		(159	)

During the three months ended March 31, 2013, bonds with a carrying value of $13,492,000 were transferred from held-to-maturity to available-for-sale after a significant deterioration in the issuer’s creditworthiness became evident. An unrealized loss of $263,000 was established at the time of the transfer. There were no transfers during the same period in 2012.

Net unrealized gains (losses) on securities

The components of the change in net unrealized gains (losses) on securities are shown below (in thousands):

	Three months ended March 31,
	2013			2012
Bonds available-for-sale	$	2,026		$	35,635
Equity securities		101,906			105,679
Net unrealized gains (losses) on securities during the year		103,932			141,314
Adjustments for:
Deferred policy acquisition costs		(2,106	)		(17,505	)
Participating policyholders’ interest		(5,091	)		(5,852	)
Deferred federal income tax benefit (expense)		(34,016	)		(41,426	)
Net unrealized gains (losses) on securities, net of tax	$	62,719		$	76,531

Gross unrealized losses on investment securities and the fair value of the related securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are shown below (in thousands):

	March 31, 2013
	Less than 12 months					12 Months or more					Total
	Unrealized (Losses)			Fair Value		Unrealized (Losses)			Fair Value		Unrealized (Losses)			Fair Value
Fixed maturity securities, bonds held-to-maturity
U.S. states and political subdivisions	$	(5	)	$	3,193	$	—		$	80	$	(5	)	$	3,273
Corporate debt securities		(6,985	)		566,983		(2,111	)		46,872		(9,096	)		613,855
Residential mortgage-backed securities		(296	)		21,744		(675	)		23,957		(971	)		45,701
Total bonds held-to-maturity		(7,286	)		591,920		(2,786	)		70,909		(10,072	)		662,829
Fixed maturity securities, bonds available-for-sale
U.S. treasury and other U.S. government corporations and agencies		(1	)		5,624		—			—		(1	)		5,624
U.S. states and political subdivisions		(766	)		47,655		—			—		(766	)		47,655
Corporate debt securities		(2,083	)		228,313		(9,041	)		70,342		(11,124	)		298,655
Residential mortgage-backed securities		(1	)		110		(191	)		7,787		(192	)		7,897
Collateralized debt securities		(3	)		286		(15	)		723		(18	)		1,009
Total bonds available-for-sale		(2,854	)		281,988		(9,247	)		78,852		(12,101	)		360,840
Equity securities
Common stock		(6,553	)		46,918		—			—		(6,553	)		46,918
Total equity securities		(6,553	)		46,918		—			—		(6,553	)		46,918
Total investments in securities	$	(16,693	)	$	920,826	$	(12,033	)	$	149,761	$	(28,726	)	$	1,070,587

	December 31, 2012
	Less than 12 months					12 Months or more					Total
	Unrealized (Losses)			Fair Value		Unrealized (Losses)			Fair Value		Unrealized (Losses)			Fair Value
Fixed maturity securities, bonds held-to-maturity
U.S. states and political subdivisions	$	(6	)	$	914	$	(1	)	$	80	$	(7	)	$	994
Corporate debt securities		(4,394	)		319,434		(2,388	)		39,632		(6,782	)		359,066
Residential mortgage-backed securities		(147	)		13,824		(1,048	)		24,666		(1,195	)		38,490
Total bonds held-to-maturity		(4,547	)		334,172		(3,437	)		64,378		(7,984	)		398,550
Fixed maturity securities, bonds available-for-sale
U.S. states and political subdivisions		(105	)		6,523		—			—		(105	)		6,523
Corporate debt securities		(2,077	)		242,261		(12,111	)		70,187		(14,188	)		312,448
Residential mortgage-backed securities		(34	)		1,527		(232	)		8,029		(266	)		9,556
Collateralized debt securities		(8	)		527		(25	)		911		(33	)		1,438
Total bonds available-for-sale		(2,224	)		250,838		(12,368	)		79,127		(14,592	)		329,965
Equity securities
Common stock		(6,739	)		64,003		—			—		(6,739	)		64,003
Preferred stock		(30	)		30		—			—		(30	)		30
Total equity securities		(6,769	)		64,033		—			—		(6,769	)		64,033
Total investments in securities	$	(13,540	)	$	649,043	$	(15,805	)	$	143,505	$	(29,345	)	$	792,548

As of March 31, 2013, the securities with unrealized losses were not deemed to be other-than-temporarily impaired, including those with the duration of the unrealized losses exceeding one year. American National has the ability and intent to hold those securities until a market price recovery or maturity. Further, it is not more-likely-than-not that American National will be required to sell them prior to recovery, and recovery is expected in a reasonable period of time. It is possible the investee’s financial circumstances may be different in the future, which may lead to a different impairment conclusion in future periods.

Credit Risk Management

The bond portfolio distributed by credit quality rating, using both S&P and Moody’s ratings, is shown below:

	March 31, 2013			December 31, 2012
AAA		5.1	%		5.5	%
AA		10.9			10.6
A		40.3			38.2
BBB		39.6			41.4
BB and below		4.1			4.3
Total		100.0	%		100.0	%

American National’s equity securities by market sector distribution are shown below:

	March 31, 2013			December 31, 2012
Consumer goods		20.3	%		20.3	%
Financials		18.4			18.9
Information technology		15.1			16.9
Energy and utilities		16.6			15.8
Healthcare		13.1			12.7
Industrials		8.8			9.1
Other		7.7			6.3
Total		100.0	%		100.0	%

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Recently Issued Accounting Pronouncements

3 Months Ended

Mar. 31, 2013

Accounting Changes And Error Corrections [Abstract]

Recently Issued Accounting Pronouncements

3. RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

Adoption of New Accounting Standards—The Financial Accounting Standards Board (“FASB”) issued the following accounting guidance relevant to American National including technical amendments and corrections to make the codification easier to understand and fair value measurement easier to apply. Each became effective for American National on January 1, 2013, and unless stated otherwise did not have a material effect on the consolidated financial statements.

In December 2011, the FASB issued amended guidance for derecognition of an in substance real estate subsidiary. The amendment clarifies that when a reporting entity ceases to have a controlling financial interest in a subsidiary that is in substance real estate because of a default on the subsidiary’s nonrecourse debt secured by the real estate, the reporting entity should apply the guidance for real estate sales when evaluating the subsidiary for deconsolidation.

In December 2011, the FASB issued guidance that amends the disclosures about offsetting assets and liabilities. The new guidance requires an entity to disclose both gross and net information about offsetting and related arrangements. Subsequently, in January 2013, the FASB issued amendments to clarify the scope of this guidance covering only those derivatives accounted for in accordance with the derivatives and hedging guidance of the Codification that are either offsets in accordance with the right of setoff conditions, the balance sheet netting criteria or subject to an enforceable master netting arrangement or similar agreement.

In February 2013, the FASB issued amended guidance on presentation of accumulated other comprehensive income (“AOCI”). The amendments require an entity to provide information about the amounts reclassified out of AOCI by component. In addition, an entity is required to present, either on the face of the statement of operations or in the notes, significant amounts reclassified out of AOCI by the respective line items of net income but only if the amount reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety to net income, an entity is required to cross-reference to other disclosures required under U.S. GAAP that provide additional detail about those amounts.

Future Adoption of New Accounting Standards—The FASB issued the following significant accounting guidance relevant to American National. Each will become effective for American National on January 1, 2014 and unless stated otherwise, is not expected to have a material effect on the consolidated financial statements.

In July 2011, the FASB issued guidance to address questions about how health insurers should recognize and classify fees mandated by the Patient Protection and Affordable Care Act in their income statements. The guidance specifies that the liability for the fee should be recorded in full once the entity provides qualifying health insurance in the applicable calendar year. The corresponding deferred cost is then amortized to expense using a straight-line method of allocation unless another method better allocates the fee over the calendar year that it is payable.

In February 2013, the FASB issued amended guidance for the recognition, measurement, and disclosure of obligations resulting from joint and several liability arrangements for which the total amount of the obligation within the scope of the guidance is fixed at the reporting date, except for obligations addressed within existing guidance under US GAAP.

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Segment Information

3 Months Ended

Mar. 31, 2013

Segment Reporting [Abstract]

Segment Information

15. SEGMENT INFORMATION

Management organizes the business into five operating segments:

• Life—markets whole, term, universal, indexed and variable life insurance on a national basis primarily through career and multiple-line agents, as well as through independent agents and direct marketing channels.

• Annuity—offers fixed, indexed, and variable annuity products. These products are primarily sold through independent agents, brokers, and financial institutions, along with multiple-line and career agents.

• Health—primary lines of business are Medicare Supplement, stop loss, other supplemental health products and credit disability insurance. Health products are typically distributed through independent agents and managing general underwriters.

• Property and Casualty—writes personal, commercial and credit-related property insurance. These products are primarily sold through multiple-line agents and independent agents.

• Corporate and Other—consists of net investment income on the investments not allocated to the insurance segments and the operations of non-insurance lines of business.

The accounting policies of the segments are the same as those described in Note 2. All income and expense amounts specifically attributable to policy transactions are recorded directly to the appropriate operating segment. Income and expenses not specifically attributable to policy transactions are allocated to each segment as follows:

• Recurring income from bonds and mortgage loans is allocated based on the assets allocated to each line of business at the average yield available from these assets.

• Net investment income from all other assets is allocated to the insurance segments in accordance with the amount of equity allocated to each segment, with the remainder recorded in the Corporate and Other business segment.

• Expenses are allocated based upon various factors, including premium and commission ratios within the respective operating segments.

The following summarizes results of operations by operating segments (in thousands):

	Three months ended March 31,
	2013			2012
Income (loss) from continuing operations before federal income taxes, and equity in earnings/losses of unconsolidated affiliates
Life	$	6,004		$	7,556
Annuity		27,334			23,734
Health		(686	)		(1,452	)
Property and casualty		12,909			24,560
Corporate and other		16,587			8,973
Total	$	62,148		$	63,371

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Liability for Unpaid Claims and Claim Adjustment Expenses

3 Months Ended

Mar. 31, 2013

Text Block [Abstract]

Liability for Unpaid Claims and Claim Adjustment Expenses

11. LIABILITY FOR UNPAID CLAIMS AND CLAIM ADJUSTMENT EXPENSES

The liability for unpaid claims and claim adjustment expenses (“CAE”) for accident and health, and property and casualty insurance is included in the “Policy and contract claims” in the consolidated statements of financial position and represents the amount estimated for claims that have been reported but not settled and claims incurred but not reported (“IBNR”). Liability for unpaid claims and CAE are estimated based upon American National’s historical experience and actuarial assumptions that consider the effects of current developments, anticipated trends and risk management programs, reduced for anticipated salvage and subrogation. The effects of the changes are included in the consolidated results of operations in the period in which the changes occur.

Activities in the liability for unpaid claims and CAE (“claims”) are shown below (in thousands):

	Three months ended March 31,
	2013			2012
Unpaid claims balance, beginning	$	1,168,047		$	1,180,259
Less reinsurance recoverables		256,885			235,174
Net beginning balance		911,162			945,085
Incurred related to
Current		254,035			258,886
Prior years		(23,037	)		(25,720	)
Total incurred claims		230,998			233,166
Paid claims related to
Current		92,894			100,383
Prior years		133,698			138,587
Total paid claims		226,592			238,970
Net balance		915,568			939,281
Plus reinsurance recoverables		240,844			232,251
Unpaid claims balance, ending	$	1,156,412		$	1,171,532

The net and gross reserve calculations have shown favorable development for the last several years as a result of favorable loss emergence compared to what was implied by the loss development patterns used in the original estimation of losses in prior years. Estimates for ultimate incurred claims and CAE attributable to insured events of prior years decreased by approximately $23,037,000 during the first three months of 2013 and $25,720,000 during the same period in 2012.

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Commitments and Contingencies - Additional Information (Detail) (USD $)	3 Months Ended
	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012
Commitments And Contingencies Disclosure [Abstract]
Commitments outstanding, aggregate amount	$ 269,983,000
Commitments expected to be funded in 2013	206,225,000
Commitments expected to be funded in 2014 and beyond	63,758,000
Short-term borrowing facility, maximum capacity			100,000,000
Short-term borrowing facility, letters of credit			55,000,000
Letters of credit outstanding, amount	33,495,000	33,696,000
Short-term borrowing facility, expiration date	Sep. 30, 2013
Short-term borrowing, liquidity requirement	0
Total amount of guarantees outstanding	206,376,000
Life insurance policies with guarantees, cash value	$ 211,857,000

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Derivative Instruments

3 Months Ended

Mar. 31, 2013

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Derivative Instruments

7. DERIVATIVE INSTRUMENTS

American National purchases over-the-counter equity-indexed options as economic hedges against fluctuations in the equity markets to which equity-indexed products are exposed. Equity-indexed contracts include a fixed host universal-life or annuity contract and an equity-indexed embedded derivative. The detail of derivative instruments is shown below (in thousands):

Derivatives Not Designated as Hedging Instruments	Location in the Consolidated Statements of Financial Position	March 31, 2013							December 31, 2012
		Number of Instruments		Notional Amounts		Estimated Fair Value			Number of Instruments		Notional Amounts		Estimated Fair Value
Equity-indexed options	Other invested assets		355	$	851,300	$	105,254			356	$	846,900	$	82,625
Equity-indexed embedded derivative	Future policy benefits		25,481		734,400		(93,988	)		22,941		722,500		(75,032	)

 

		Gains (Losses) Recognized in Income on Derivatives
Derivatives Not Designated	Location in the	Three months ended March 31,
as Hedging Instruments	Consolidated Statements of Operations	2013			2012
Equity-indexed options	Net investment income	$	24,340		$	19,647
Equity-indexed embedded derivative	Interest credited to policyholders’ account balances		(20,647	)		(18,457	)

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Investment Real Estate - Carrying Amount and Maximum Exposure to Loss Related to VIEs (Detail) (Variable Interest Entity, Not Primary Beneficiary [Member], USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2012
Variable Interest Entity, Not Primary Beneficiary [Member]
Variable Interest Entities [Line Items]
Investment in unconsolidated affiliates, Carrying Amount	$ 103,053	$ 81,548
Investment in unconsolidated affiliates, Maximum Exposure to Loss	$ 103,053	$ 81,548

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Mortgage Loans

3 Months Ended

Mar. 31, 2013

Receivables [Abstract]

Mortgage Loans

5. MORTGAGE LOANS

Generally, commercial mortgage loans are secured by first liens on income-producing real estate. American National attempts to maintain a diversified portfolio by considering the property-type and property location of the underlying mortgage collateral. Mortgage loans by property-type and geographic distribution are as follows:

	March 31, 2013			December 31, 2012
Office		31.5	%		34.9	%
Industrial		25.9			24.0
Retail		18.4			17.7
Hotel and motel		13.3			13.9
Other		10.9			9.5
Total		100.0	%		100.0	%
	March 31, 2013			December 31, 2012
West South Central		23.2	%		23.2	%
South Atlantic		22.3			23.0
East North Central		18.3			18.2
Pacific		13.8			13.3
East South Central		6.9			7.1
Mountain		6.7			7.0
Other		8.8			8.2
Total		100.0	%		100.0	%

There were no loans sold or foreclosed and no significant non-cash transactions occurred during the three months ended March 31, 2013 or 2012.

Credit Quality

Commercial mortgage loan balances placed on nonaccrual status are shown below (in thousands):

	March 31, 2013		December 31, 2012
Commercial mortgages-Retail	$	13,354	$	13,354

The credit quality of the mortgage loan portfolio is assessed by evaluating the credit risk of each borrower. A loan is classified as performing or non-performing based on whether all of the contractual terms of the loan have been met.

The age analysis of past due commercial mortgage loans is shown below (in thousands):

	March 31, 2013
	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Mortgage Loans
Commercial mortgages
Office	$	—	$	6,438	$	—	$	6,438	$	996,432	$	1,002,870
Industrial		—		—		—		—		823,459		823,459
Retail		1,054		—		13,354		14,408		573,835		588,243
Other		—		—		—		—		767,662		767,662
Total	$	1,054	$	6,438	$	13,354	$	20,846	$	3,161,388		3,182,234
Allowance for loan losses												11,724
Mortgage loans on real estate, net of allowance											$	3,170,510

	December 31, 2012
	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Mortgage Loans
Commercial mortgages
Office	$	—	$	—	$	—	$	—	$	1,100,407	$	1,100,407
Industrial		—		—		—		—		755,198		755,198
Retail		—		—		13,354		13,354		547,472		560,826
Other		—		—		—		—		738,592		738,592
Total	$	—	$	—	$	13,354	$	13,354	$	3,141,669		3,155,023
Allowance for loan losses												12,012
Mortgage loans on real estate, net of allowance											$	3,143,011

Total mortgage loans are net of unamortized discounts of $3,872,000 and $4,346,000 and unamortized origination fees of $13,568,000 and $14,076,000 at March 31, 2013 and December 31, 2012, respectively. No unearned income is included in these amounts.

Allowance for Credit Losses

Loans not evaluated individually for collectibility are segregated by collateral property-type and location and allowance factors are applied. These factors are developed annually, and reviewed quarterly based on our historical loss experience adjusted for the expected trend in the rate of foreclosure losses. Allowance factors are higher for loans of certain property types and in certain regions based on loss experience or a blended historical loss factor.

The allowance for credit losses and unpaid principal balance in commercial mortgage loans are shown below (in thousands):

	Collectively Evaluated for Impairment			Individually Evaluated for Impairment		Total
Allowance for credit losses
December 31, 2012	$	11,519		$	493	$	12,012
Change in allowance		(288	)		—		(288	)
March 31, 2013	$	11,231		$	493	$	11,724
Recorded Investment
March 31, 2013	$	3,090,343		$	109,331	$	3,199,674
December 31, 2012	$	3,063,908		$	109,537	$	3,173,445

Loans individually evaluated for impairment with and without an allowance are shown below (in thousands):

	Three months ended March 31, 2013
	Recorded Investment		Unpaid Principal Balance		Average Recorded Investment		Interest Income Recognized
With an allowance recorded
Retail (related allowance of $493)	$	493	$	493	$	—	$	—
Without an allowance recorded
Office	$	36,433	$	36,433	$	36,489	$	613
Retail		17,180		17,180		17,180		283
Other		55,225		55,225		55,272		924
Total without an allowance recorded	$	108,838	$	108,838	$	108,941	$	1,820

	Year ended December 31, 2012
	Recorded Investment		Unpaid Principal Balance		Average Recorded Investment		Interest Income Recognized
With an allowance recorded
Retail (related allowance of $493)	$	493	$	493	$	—	$	—
Without an allowance recorded
Office	$	36,544	$	36,544	$	36,710	$	2,452
Retail		17,180		17,180		17,329		1,129
Other		55,320		55,320		55,551		3,758
Total without an allowance recorded	$	109,044	$	109,044	$	109,590	$	7,339

Troubled Debt Restructurings

A small portion of the mortgage loan portfolio for which American National has granted concessions related to the borrowers’ ability to pay the loans is classified as troubled debt restructurings. Concessions are generally one of, or a combination of, a delay in payment of principal or interest, a reduction of the contractual interest rate or an extension of the maturity date. American National considers the amount, timing and extent of concessions in determining any impairment or changes in the specific allowance for loan losses recorded in connection with a troubled debt restructuring. The carrying value after specific allowance, before and after modification in a troubled debt restructuring, may not change significantly, or may increase if the expected recovery is higher than the pre-modification recovery assessment. There were no mortgage loans that have been modified in troubled debt restructurings during the three months ended March 31, 2013 and 2012.

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Investment Real Estate

3 Months Ended

Mar. 31, 2013

Banking And Thrift [Abstract]

Investment Real Estate

6. INVESTMENT REAL ESTATE

Investment real estate by property-type and geographic distribution are as follows:

	March 31, 2013			December 31, 2012
Shopping centers		41.1	%		41.0	%
Office buildings		22.0			21.9
Industrial		17.4			18.1
Other		19.5			19.0
Total		100.0	%		100.0	%
	March 31, 2013			December 31, 2012
West South Central		60.3	%		60.8	%
South Atlantic		11.2			11.2
East North Central		10.7			10.3
Mountain		6.0			6.2
East South Central		5.3			5.3
Other		6.5			6.2
Total		100.0	%		100.0	%

American National and its wholly-owned subsidiaries regularly invest in real estate partnerships and joint ventures. American National participates in the design of these entities with the sponsor, but in most cases, its involvement is limited to financing. Through analysis performed by American National, some of these partnerships and joint ventures have been determined to be variable interest entities (“VIEs”). In certain instances, in addition to an economic interest in the entity, American National holds the power to direct the most significant activities of the entity and is deemed the primary beneficiary or consolidator of the entity. The assets of the consolidated VIEs are restricted and must be used first to settle the liabilities of the VIE. Creditors or beneficial interest holders of these VIEs have no recourse to the general credit of American National, as American National’s obligation is limited to the amount of its committed investment. American National has not provided financial or other support to the VIEs in the form of liquidity arrangements, guarantees, or other commitments to third parties that may affect the fair value or risk of its variable interest in the VIEs in 2013 or 2012.

The assets and liabilities relating to VIEs which are consolidated in American National’s financial statements are as follows (in thousands):

	March 31, 2013		December 31, 2012
Investment real estate	$	162,818	$	162,502
Short-term investments		674		969
Cash and cash equivalents		3,936		3,671
Accrued investment income		2,035		2,641
Other receivables		12,509		11,709
Other assets		6,744		6,487
Total assets of consolidated VIEs	$	188,716	$	187,979
Notes payable	$	165,127	$	163,384
Other liabilities		8,475		6,647
Total liabilities of consolidated VIEs	$	173,602	$	170,031

The total notes payable in the consolidated statements of financial position pertain to the borrowings of American National Insurance Company’s consolidated VIEs. The liability of American National Insurance Company on notes payable of the consolidated VIEs is limited to the amount of its direct or indirect investment in the respective ventures, which totaled $17,991,000 and $18,063,000 at March 31, 2013 and December 31, 2012, respectively. The average interest rate on the current portion of the notes payable was 4.0% during 2013. The total long-term portion of notes payable consists of three notes with the following interest rates: 4.0%, adjusted LIBOR plus 1.0% and adjusted LIBOR plus 2.5%. Of the long-term notes payable, $12,500,000 will mature in 2016, with the remainder maturing beyond 5 years.

For other VIEs in which American National is a partner, it is not the primary beneficiary and these entities were not consolidated, as the major decisions that most significantly impact the economic activities of the VIE require unanimous consent of all partners. The following table presents the carrying amount and maximum exposure to loss relating to unconsolidated VIEs (in thousands):

	March 31, 2013				December 31, 2012
	Carrying Amount		Maximum Exposure to Loss		Carrying Amount		Maximum Exposure to Loss
Investment in unconsolidated affiliates	$	103,053	$	103,053	$	81,548	$	81,548

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Net Investment Income and Realized Investment Gains (Losses)

3 Months Ended

Mar. 31, 2013

Text Block [Abstract]

Net Investment Income and Realized Investment Gains (Losses)

8. NET INVESTMENT INCOME AND REALIZED INVESTMENT GAINS (LOSSES)

Net investment income, before federal income taxes, is shown below (in thousands):

	Three months ended March 31,
	2013			2012
Bonds	$	163,433		$	172,279
Equity securities		6,815			6,245
Mortgage loans		51,785			49,758
Real estate		(1,421	)		(215	)
Options		24,340			19,647
Other invested assets		6,414			7,982
Total	$	251,366		$	255,696

Realized investment gains (losses), before federal income taxes, are shown below (in thousands):

	Three months ended March 31,
	2013			2012
Bonds	$	3,223		$	3,810
Equity securities		8,683			7,355
Mortgage loans		288			(1,089	)
Real estate		6,383			(252	)
Other invested assets		(39	)		(16	)
Total	$	18,538		$	9,808

The OTTI losses are shown below (in thousands):

	Three months ended March 31,
	2013			2012
Equity securities	$	(1,587	)	$	(2,837	)

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Net Investment Income and Realized Investment Gains (Losses) - Summary of Realized Investment Gains (Losses), Before Federal Income Taxes and Other than Temporary Impairment Losses (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Realized investments gain (losses)	$ 18,538	$ 9,808
Other-than-temporary impairments	(1,587)	(2,837)
Bonds [Member]
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Realized investments gain (losses)	3,223	3,810
Equity securities [Member]
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Realized investments gain (losses)	8,683	7,355
Other-than-temporary impairments	(1,587)	(2,837)
Mortgage loans on real estate [Member]
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Realized investments gain (losses)	288	(1,089)
Real estate [Member]
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Realized investments gain (losses)	6,383	(252)
Other invested assets [Member]
Schedule of Investment Income, Reported Amounts, by Category [Line Items]
Realized investments gain (losses)	$ (39)	$ (16)

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Related Party Transactions - Related Party Transactions (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Dec. 31, 2012
Gal-Tex Hotel Corporation [Member] | Net Investment Income [Member]
Related Party Transaction [Line Items]
Dollar Amount of Transactions	$ 159	$ 179
Amount due to/(from) American National	52		54
Gal-Tex Hotel Corporation [Member] | Mortgage loans on real estate [Member]
Related Party Transaction [Line Items]
Dollar Amount of Transactions	280	260
Amount due to/(from) American National	8,610		8,890
Greer, Herz and Adams, LLP [Member] | Other operating costs and expenses [Member]
Related Party Transaction [Line Items]
Dollar Amount of Transactions	2,131	1,958
Amount due to/(from) American National	$ (429)		$ (268)

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Fair Value of Financial Instruments - Additional Information (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended				12 Months Ended	3 Months Ended		12 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013 Minimum [Member]	Dec. 31, 2012 Minimum [Member]	Dec. 31, 2012 Minimum [Member]	Mar. 31, 2013 Maximum [Member]	Dec. 31, 2012 Maximum [Member]	Dec. 31, 2012 Maximum [Member]
Fair Value Of Financial Instruments [Line Items]
Modeled discount rate			5.90%	5.90%		6.00%	6.00%
Estimate embedded derivative value ranges			10.80%		15.90%	29.60%		30.10%
Net gain (loss) for derivatives included in net investment income	$ 21,580,000	$ 17,399,000

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Net Investment Income and Realized Investment Gains (Losses) - Summary of Net Investment Income, Before Federal Income Taxes (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Investments Debt And Equity Securities [Abstract]
Investment income, Bonds	$ 163,433	$ 172,279
Investment income, Equity securities	6,815	6,245
Investment income, Mortgage loans	51,785	49,758
Investment income, Real estate	(1,421)	(215)
Investment income, Options	24,340	19,647
Investment income, Other invested assets	6,414	7,982
Net Investment Income, Insurance Entity, Total	$ 251,366	$ 255,696

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Liability for Unpaid Claims and Claim Adjustment Expenses (Tables)

3 Months Ended

Mar. 31, 2013

Text Block [Abstract]

Liability for Unpaid Claims and Claim Adjustment Expenses

Activities in the liability for unpaid claims and CAE (“claims”) are shown below (in thousands):

	Three months ended March 31,
	2013			2012
Unpaid claims balance, beginning	$	1,168,047		$	1,180,259
Less reinsurance recoverables		256,885			235,174
Net beginning balance		911,162			945,085
Incurred related to
Current		254,035			258,886
Prior years		(23,037	)		(25,720	)
Total incurred claims		230,998			233,166
Paid claims related to
Current		92,894			100,383
Prior years		133,698			138,587
Total paid claims		226,592			238,970
Net balance		915,568			939,281
Plus reinsurance recoverables		240,844			232,251
Unpaid claims balance, ending	$	1,156,412		$	1,171,532

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Mortgage Loans - Commercial Mortgage Loans Placed on Nonaccrual Status (Detail) (Retail [Member], USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2012
Retail [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amounts of commercial mortgage loans	$ 13,354	$ 13,354

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Components of Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2013

Equity [Abstract]

Components of Comprehensive Income (Loss)

13. COMPONENTS OF COMPREHENSIVE INCOME (LOSS)

The components of and changes in the accumulated other comprehensive income (loss) (“AOCI”), and the related tax effects, are shown below (in thousands):

	Net  Unrealized Gains/(Losses) on Securities			Defined Benefit Pension Plan Adjustments			Foreign Currency Adjustments		AOCI
Beginning balance 2012	$	274,837		$	(115,485)		$	51	$	159,403
Unrealized holding gains (losses) arising during the period (net of tax expense $52,330)		97,184								97,184
Unrealized adjustment to DAC (net of tax benefit $5,901)		(11,604	)							(11,604	)
Unrealized (gains) losses on investments attributable to participating policyholders’ interest (net of tax benefit $2,048)		(3,804	)							(3,804	)
Foreign currency adjustment (net of tax expense $82)								152		152
Amounts reclassified from AOCI (net of tax benefit $2,955 and expense $1,437)		(5,245	)		2,668					(2,577	)
Ending balance at March 31, 2012	$	351,368		$	(112,817	)	$	203	$	238,754

	Net  Unrealized Gains/(Losses) on Securities			Defined Benefit Pension Plan Adjustments			Foreign Currency Adjustments		AOCI
Beginning balance 2013	$	370,842		$	(129,003	)	$	171	$	242,010
Unrealized holding gains (losses) arising during the period (net of tax expense $39,671)		73,674								73,674
Unrealized adjustment to DAC (net of tax benefit $439)		(1,667	)							(1,667	)
Unrealized (gains) losses on investments attributable to participating policyholders’ interest (net of tax benefit $1,782)		(3,309	)							(3,309	)
Foreign currency adjustment (net of tax expense $80)								149		149
Amounts reclassified from AOCI (net of tax benefit $3,434 and expense $1,549)		(5,979	)		2,876					(3,103	)
Ending balance at March 31, 2013	$	433,561		$	(126,127	)	$	320	$	307,754

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Summary of Significant Accounting Policies and Practices (Policies)

3 Months Ended

Mar. 31, 2013

Accounting Policies [Abstract]

Basis of Accounting

The consolidated financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) and are reported in U.S. currency.

The interim consolidated financial statements and notes herein are unaudited and reflect all adjustments which management considers necessary for the fair presentation of the consolidated statements of financial position, operations, comprehensive income (loss), changes in stockholders’ equity, and cash flows for the interim periods.

These interim consolidated financial statements and notes should be read in conjunction with the annual consolidated financial statements and notes thereto included in American National’s Annual Report on Form 10-K as of and for the year ended December 31, 2012. The consolidated results of operations for the interim periods should not be considered indicative of results to be expected for the full year.

Consolidation Policy

American National consolidates all entities that are wholly-owned and those in which American National owns less than 100% but controls, as well as any variable interest entities in which American National is the primary beneficiary. All material intercompany transactions with consolidated entities have been eliminated. Investments in unconsolidated affiliates are accounted for using the equity method of accounting.

Reclassification Policy

Certain amounts in prior years have been reclassified to conform to current year presentation.

Use of Estimates

The preparation of the consolidated financial statements in conformity with GAAP requires the use of estimates and assumptions that affect the reported consolidated financial statement balances. Actual results could differ from those estimates.

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Mortgage Loans - Mortgage Loans by Property-Type (Detail) (Mortgage loans on real estate [Member])	3 Months Ended	12 Months Ended
	Mar. 31, 2013	Dec. 31, 2012
Concentration Risk [Line Items]
Mortgage loans	100.00%	100.00%
Office [Member]
Concentration Risk [Line Items]
Mortgage loans	31.50%	34.90%
Industrial [Member]
Concentration Risk [Line Items]
Mortgage loans	25.90%	24.00%
Retail [Member]
Concentration Risk [Line Items]
Mortgage loans	18.40%	17.70%
Hotel and motel [Member]
Concentration Risk [Line Items]
Mortgage loans	13.30%	13.90%
Other [Member]
Concentration Risk [Line Items]
Mortgage loans	10.90%	9.50%

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Investments in Securities - Investment in Securities (Detail) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2012
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	$ 9,061,438	$ 9,009,282
Available-for-sale securities, Cost or Amortized Cost	720,022	688,579
Held-to-maturity securities, Gross Unrealized Gains	809,341	839,453
Held-to-maturity securities, Gross Unrealized (Losses)	(10,072)	(7,984)
Held-to-maturity securities, Fair Value	9,860,707	9,840,751
Available-for-sale securities, Estimated Fair Value	4,769,136	4,665,576
Available-for-sale securities, Estimated Fair Value	1,208,788	1,075,439
Investments in securities, Cost or Amortized cost	14,199,461	14,014,328
Investments in securities, Gross Unrealized Gains	1,667,896	1,596,783
Investments in securities, Gross Unrealized Losses	(28,726)	(29,345)
Investments in securities, Estimated Fair Value	15,838,631	15,581,766
Common stock [Member]
Investment [Line Items]
Available-for-sale securities, Cost or Amortized Cost	692,332	660,889
Available-for-sale securities, Gross Unrealized Gains	482,712	383,634
Available-for-sale securities, Gross Unrealized (Losses)	(6,553)	(6,739)
Available-for-sale securities, Estimated Fair Value	1,168,491	1,037,784
Preferred stock [Member]
Investment [Line Items]
Available-for-sale securities, Cost or Amortized Cost	27,690	27,690
Available-for-sale securities, Gross Unrealized Gains	12,607	9,995
Available-for-sale securities, Gross Unrealized (Losses)		(30)
Available-for-sale securities, Estimated Fair Value	40,297	37,655
Equity securities [Member]
Investment [Line Items]
Available-for-sale securities, Cost or Amortized Cost	720,022	688,579
Available-for-sale securities, Gross Unrealized Gains	495,319	393,629
Available-for-sale securities, Gross Unrealized (Losses)	(6,553)	(6,769)
Available-for-sale securities, Estimated Fair Value	1,208,788	1,075,439
U.S. treasury and government [Member]
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	3,582	3,593
Held-to-maturity securities, Gross Unrealized Gains	50	69
Held-to-maturity securities, Gross Unrealized (Losses)
Held-to-maturity securities, Fair Value	3,632	3,662
Available-for-sale securities, Cost or Amortized Cost	21,881	19,649
Available-for-sale securities, Gross Unrealized Gains	1,110	1,156
Available-for-sale securities, Gross Unrealized (Losses)	(1)
Available-for-sale securities, Estimated Fair Value	22,990	20,805
U.S. states and political subdivisions [Member]
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	381,081	393,541
Held-to-maturity securities, Gross Unrealized Gains	40,615	40,161
Held-to-maturity securities, Gross Unrealized (Losses)	(5)	(7)
Held-to-maturity securities, Fair Value	421,691	433,695
Available-for-sale securities, Cost or Amortized Cost	582,361	570,751
Available-for-sale securities, Gross Unrealized Gains	43,642	44,792
Available-for-sale securities, Gross Unrealized (Losses)	(766)	(105)
Available-for-sale securities, Estimated Fair Value	625,237	615,438
Foreign governments [Member]
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	29,078	29,071
Held-to-maturity securities, Gross Unrealized Gains	4,155	4,367
Held-to-maturity securities, Gross Unrealized (Losses)
Held-to-maturity securities, Fair Value	33,233	33,438
Available-for-sale securities, Cost or Amortized Cost	5,000	5,000
Available-for-sale securities, Gross Unrealized Gains	2,307	2,344
Available-for-sale securities, Gross Unrealized (Losses)
Available-for-sale securities, Estimated Fair Value	7,307	7,344
Corporate debt securities [Member]
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	8,119,293	7,993,167
Held-to-maturity securities, Gross Unrealized Gains	722,278	748,773
Held-to-maturity securities, Gross Unrealized (Losses)	(9,096)	(6,782)
Held-to-maturity securities, Fair Value	8,832,475	8,735,158
Available-for-sale securities, Cost or Amortized Cost	3,683,441	3,582,913
Available-for-sale securities, Gross Unrealized Gains	297,833	303,908
Available-for-sale securities, Gross Unrealized (Losses)	(11,124)	(14,188)
Available-for-sale securities, Estimated Fair Value	3,970,150	3,872,633
Residential mortgage-backed securities [Member]
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	488,346	549,384
Held-to-maturity securities, Gross Unrealized Gains	38,823	42,313
Held-to-maturity securities, Gross Unrealized (Losses)	(971)	(1,195)
Held-to-maturity securities, Fair Value	526,198	590,502
Available-for-sale securities, Cost or Amortized Cost	77,301	89,486
Available-for-sale securities, Gross Unrealized Gains	4,464	5,165
Available-for-sale securities, Gross Unrealized (Losses)	(192)	(266)
Available-for-sale securities, Estimated Fair Value	81,573	94,385
Commercial mortgage-backed securities [Member]
Investment [Line Items]
Available-for-sale securities, Cost or Amortized Cost	20,934	20,933
Available-for-sale securities, Gross Unrealized Gains	11,074	3,509
Available-for-sale securities, Gross Unrealized (Losses)
Available-for-sale securities, Estimated Fair Value	32,008	24,442
Collateralized debt securities [Member]
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	2,378	2,500
Held-to-maturity securities, Gross Unrealized Gains	294	321
Held-to-maturity securities, Gross Unrealized (Losses)
Held-to-maturity securities, Fair Value	2,672	2,821
Available-for-sale securities, Cost or Amortized Cost	17,037	17,676
Available-for-sale securities, Gross Unrealized Gains	1,431	1,448
Available-for-sale securities, Gross Unrealized (Losses)	(18)	(33)
Available-for-sale securities, Estimated Fair Value	18,450	19,091
Other debt securities [Member]
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	37,680	38,026
Held-to-maturity securities, Gross Unrealized Gains	3,126	3,449
Held-to-maturity securities, Gross Unrealized (Losses)
Held-to-maturity securities, Fair Value	40,806	41,475
Available-for-sale securities, Cost or Amortized Cost	10,046	10,059
Available-for-sale securities, Gross Unrealized Gains	1,375	1,379
Available-for-sale securities, Gross Unrealized (Losses)
Available-for-sale securities, Estimated Fair Value	11,421	11,438
Bonds available-for-sale [Member]
Investment [Line Items]
Available-for-sale securities, Cost or Amortized Cost	4,418,001	4,316,467
Available-for-sale securities, Gross Unrealized Gains	363,236	363,701
Available-for-sale securities, Gross Unrealized (Losses)	(12,101)	(14,592)
Available-for-sale securities, Estimated Fair Value	$ 4,769,136	$ 4,665,576

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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Statement Of Partners Capital [Abstract]
Net income (loss)	$ 59,408	$ 44,507
Other comprehensive income (loss), net of tax
Change in net unrealized gain (loss) on securities	62,719	76,531
Foreign currency transaction and translation adjustments	149	152
Defined benefit plan adjustment	2,876	2,668
Other comprehensive income (loss)	65,744	79,351
Total comprehensive income (loss)	125,152	123,858
Less: Comprehensive income (loss) attributable to noncontrolling interest	(563)	(709)
Total comprehensive income (loss) attributable to American National Insurance Company	$ 125,715	$ 124,567

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Summary of Significant Accounting Policies and Practices

3 Months Ended

Mar. 31, 2013

Accounting Policies [Abstract]

Summary of Significant Accounting Policies and Practices

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND PRACTICES

The consolidated financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) and are reported in U.S. currency. American National consolidates all entities that are wholly-owned and those in which American National owns less than 100% but controls, as well as any variable interest entities in which American National is the primary beneficiary. All material intercompany transactions with consolidated entities have been eliminated. Investments in unconsolidated affiliates are accounted for using the equity method of accounting. Certain amounts in prior years have been reclassified to conform to current year presentation.

The interim consolidated financial statements and notes herein are unaudited and reflect all adjustments which management considers necessary for the fair presentation of the consolidated statements of financial position, operations, comprehensive income (loss), changes in stockholders’ equity, and cash flows for the interim periods.

These interim consolidated financial statements and notes should be read in conjunction with the annual consolidated financial statements and notes thereto included in American National’s Annual Report on Form 10-K as of and for the year ended December 31, 2012. The consolidated results of operations for the interim periods should not be considered indicative of results to be expected for the full year.

The preparation of the consolidated financial statements in conformity with GAAP requires the use of estimates and assumptions that affect the reported consolidated financial statement balances. Actual results could differ from those estimates.

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Investment Real Estate - Assets and Liabilities Related to VIEs (Detail) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2012	Mar. 31, 2012	Dec. 31, 2011
Variable Interest Entity [Line Items]
Investment real estate	$ 513,400	$ 511,233
Short-term investments	233,101	313,086
Cash and cash equivalents	113,179	303,008	100,867	102,114
Accrued investment income	208,733	207,314
Other assets	151,170	154,911
Other liabilities	395,329	432,041
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Investment real estate	162,818	162,502
Short-term investments	674	969
Cash and cash equivalents	3,936	3,671
Accrued investment income	2,035	2,641
Other receivables	12,509	11,709
Other assets	6,744	6,487
Total assets of consolidated VIEs	188,716	187,979
Notes payable	165,127	163,384
Other liabilities	8,475	6,647
Total liabilities of consolidated VIEs	$ 173,602	$ 170,031

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Segment Information - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2013 Segment
Segment Reporting [Abstract]
Segment information, number of operating segments	5

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Deferred Policy Acquisition Costs - Deferred Policy Acquisition Costs and Premiums (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Deferred Policy Acquisition Costs [Line Items]
Beginning balance	$ 1,247,675
Additions	91,539	98,346
Amortization	(102,873)	(99,984)
Effect of change in unrealized gains on available-for-sale securities	(2,106)
Net change	(13,440)
Ending balance	1,234,235
Life [Member]
Deferred Policy Acquisition Costs [Line Items]
Beginning balance	653,416
Additions	25,908
Amortization	(19,959)
Effect of change in unrealized gains on available-for-sale securities	(2,314)
Net change	3,635
Ending balance	657,051
Annuity [Member]
Deferred Policy Acquisition Costs [Line Items]
Beginning balance	406,540
Additions	13,229
Amortization	(22,652)
Effect of change in unrealized gains on available-for-sale securities	208
Net change	(9,215)
Ending balance	397,325
Accident & Health [Member]
Deferred Policy Acquisition Costs [Line Items]
Beginning balance	49,206
Additions	2,575
Amortization	(4,124)
Net change	(1,549)
Ending balance	47,657
Property & casualty [Member]
Deferred Policy Acquisition Costs [Line Items]
Beginning balance	138,513
Additions	49,827
Amortization	(56,138)
Net change	(6,311)
Ending balance	$ 132,202

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Investments in Securities (Tables)

3 Months Ended

Mar. 31, 2013

Investments Debt And Equity Securities [Abstract]

Investment in Securities

The cost or amortized cost and estimated fair value of investments in securities are shown below (in thousands):

	March 31, 2013
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Estimated Fair Value
Fixed maturity securities, bonds held-to-maturity
U.S. treasury and government	$	3,582	$	50	$	—		$	3,632
U.S. states and political subdivisions		381,081		40,615		(5	)		421,691
Foreign governments		29,078		4,155		—			33,233
Corporate debt securities		8,119,293		722,278		(9,096	)		8,832,475
Residential mortgage-backed securities		488,346		38,823		(971	)		526,198
Collateralized debt securities		2,378		294		—			2,672
Other debt securities		37,680		3,126		—			40,806
Total bonds held-to-maturity		9,061,438		809,341		(10,072	)		9,860,707
Fixed maturity securities, bonds available-for-sale
U.S. treasury and government		21,881		1,110		(1	)		22,990
U.S. states and political subdivisions		582,361		43,642		(766	)		625,237
Foreign governments		5,000		2,307		—			7,307
Corporate debt securities		3,683,441		297,833		(11,124	)		3,970,150
Residential mortgage-backed securities		77,301		4,464		(192	)		81,573
Commercial mortgage-backed securities		20,934		11,074		—			32,008
Collateralized debt securities		17,037		1,431		(18	)		18,450
Other debt securities		10,046		1,375		—			11,421
Total bonds available-for-sale		4,418,001		363,236		(12,101	)		4,769,136
Equity securities
Common stock		692,332		482,712		(6,553	)		1,168,491
Preferred stock		27,690		12,607		—			40,297
Total equity securities		720,022		495,319		(6,553	)		1,208,788
Total investments in securities	$	14,199,461	$	1,667,896	$	(28,726	)	$	15,838,631

	December 31, 2012
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Estimated Fair Value
Fixed maturity securities, bonds held-to-maturity
U.S. treasury and government	$	3,593	$	69	$	—		$	3,662
U.S. states and political subdivisions		393,541		40,161		(7	)		433,695
Foreign governments		29,071		4,367		—			33,438
Corporate debt securities		7,993,167		748,773		(6,782	)		8,735,158
Residential mortgage-backed securities		549,384		42,313		(1,195	)		590,502
Collateralized debt securities		2,500		321		—			2,821
Other debt securities		38,026		3,449		—			41,475
Total bonds held-to-maturity		9,009,282		839,453		(7,984	)		9,840,751
Fixed maturity securities, bonds available-for-sale
U.S. treasury and government		19,649		1,156		—			20,805
U.S. states and political subdivisions		570,751		44,792		(105	)		615,438
Foreign governments		5,000		2,344		—			7,344
Corporate debt securities		3,582,913		303,908		(14,188	)		3,872,633
Residential mortgage-backed securities		89,486		5,165		(266	)		94,385
Commercial mortgage-backed securities		20,933		3,509		—			24,442
Collateralized debt securities		17,676		1,448		(33	)		19,091
Other debt securities		10,059		1,379		—			11,438
Total bonds available-for-sale		4,316,467		363,701		(14,592	)		4,665,576
Equity securities
Common stock		660,889		383,634		(6,739	)		1,037,784
Preferred stock		27,690		9,995		(30	)		37,655
Total equity securities		688,579		393,629		(6,769	)		1,075,439
Total investments in securities	$	14,014,328	$	1,596,783	$	(29,345	)	$	15,581,766

Maturities of Investments

The amortized cost and estimated fair value, by contractual maturity of fixed maturity securities are shown below (in thousands):

	March 31, 2013
	Bonds Held-to-Maturity				Bonds Available-for-Sale
	Amortized Cost		Estimated Fair Value		Amortized Cost		Estimated Fair Value
Due in one year or less	$	1,024,759	$	1,045,015	$	505,946	$	519,855
Due after one year through five years		2,540,829		2,808,251		1,437,138		1,569,414
Due after five years through ten years		4,891,100		5,354,001		2,064,558		2,238,286
Due after ten years		598,900		648,428		405,359		436,756
Without single maturity date		5,850		5,012		5,000		4,825
Total	$	9,061,438	$	9,860,707	$	4,418,001	$	4,769,136

Proceeds from Available for Sale Securities and Realized Gain Loss

Proceeds from the sales of these securities, with the realized gains and losses, are shown below (in thousands):

	Three months ended March 31,
	2013			2012
Proceeds from sales of available-for-sale securities	$	76,857		$	32,673
Gross realized gains		10,738			11,080
Gross realized losses		(522	)		(159	)

Change in Net Unrealized Gains (Losses) on Available-for-Sale Securities

The components of the change in net unrealized gains (losses) on securities are shown below (in thousands):

	Three months ended March 31,
	2013			2012
Bonds available-for-sale	$	2,026		$	35,635
Equity securities		101,906			105,679
Net unrealized gains (losses) on securities during the year		103,932			141,314
Adjustments for:
Deferred policy acquisition costs		(2,106	)		(17,505	)
Participating policyholders’ interest		(5,091	)		(5,852	)
Deferred federal income tax benefit (expense)		(34,016	)		(41,426	)
Net unrealized gains (losses) on securities, net of tax	$	62,719		$	76,531

Gross Unrealized Losses on Investment Securities and Estimated Fair Value Securities

Gross unrealized losses on investment securities and the fair value of the related securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are shown below (in thousands):

	March 31, 2013
	Less than 12 months					12 Months or more					Total
	Unrealized (Losses)			Fair Value		Unrealized (Losses)			Fair Value		Unrealized (Losses)			Fair Value
Fixed maturity securities, bonds held-to-maturity
U.S. states and political subdivisions	$	(5	)	$	3,193	$	—		$	80	$	(5	)	$	3,273
Corporate debt securities		(6,985	)		566,983		(2,111	)		46,872		(9,096	)		613,855
Residential mortgage-backed securities		(296	)		21,744		(675	)		23,957		(971	)		45,701
Total bonds held-to-maturity		(7,286	)		591,920		(2,786	)		70,909		(10,072	)		662,829
Fixed maturity securities, bonds available-for-sale
U.S. treasury and other U.S. government corporations and agencies		(1	)		5,624		—			—		(1	)		5,624
U.S. states and political subdivisions		(766	)		47,655		—			—		(766	)		47,655
Corporate debt securities		(2,083	)		228,313		(9,041	)		70,342		(11,124	)		298,655
Residential mortgage-backed securities		(1	)		110		(191	)		7,787		(192	)		7,897
Collateralized debt securities		(3	)		286		(15	)		723		(18	)		1,009
Total bonds available-for-sale		(2,854	)		281,988		(9,247	)		78,852		(12,101	)		360,840
Equity securities
Common stock		(6,553	)		46,918		—			—		(6,553	)		46,918
Total equity securities		(6,553	)		46,918		—			—		(6,553	)		46,918
Total investments in securities	$	(16,693	)	$	920,826	$	(12,033	)	$	149,761	$	(28,726	)	$	1,070,587

	December 31, 2012
	Less than 12 months					12 Months or more					Total
	Unrealized (Losses)			Fair Value		Unrealized (Losses)			Fair Value		Unrealized (Losses)			Fair Value
Fixed maturity securities, bonds held-to-maturity
U.S. states and political subdivisions	$	(6	)	$	914	$	(1	)	$	80	$	(7	)	$	994
Corporate debt securities		(4,394	)		319,434		(2,388	)		39,632		(6,782	)		359,066
Residential mortgage-backed securities		(147	)		13,824		(1,048	)		24,666		(1,195	)		38,490
Total bonds held-to-maturity		(4,547	)		334,172		(3,437	)		64,378		(7,984	)		398,550
Fixed maturity securities, bonds available-for-sale
U.S. states and political subdivisions		(105	)		6,523		—			—		(105	)		6,523
Corporate debt securities		(2,077	)		242,261		(12,111	)		70,187		(14,188	)		312,448
Residential mortgage-backed securities		(34	)		1,527		(232	)		8,029		(266	)		9,556
Collateralized debt securities		(8	)		527		(25	)		911		(33	)		1,438
Total bonds available-for-sale		(2,224	)		250,838		(12,368	)		79,127		(14,592	)		329,965
Equity securities
Common stock		(6,739	)		64,003		—			—		(6,739	)		64,003
Preferred stock		(30	)		30		—			—		(30	)		30
Total equity securities		(6,769	)		64,033		—			—		(6,769	)		64,033
Total investments in securities	$	(13,540	)	$	649,043	$	(15,805	)	$	143,505	$	(29,345	)	$	792,548

Bond Portfolio Distributed With Quality Rating

The bond portfolio distributed by credit quality rating, using both S&P and Moody’s ratings, is shown below:

	March 31, 2013			December 31, 2012
AAA		5.1	%		5.5	%
AA		10.9			10.6
A		40.3			38.2
BBB		39.6			41.4
BB and below		4.1			4.3
Total		100.0	%		100.0	%

Equity Securities With Market Sector Distribution

American National’s equity securities by market sector distribution are shown below:

	March 31, 2013			December 31, 2012
Consumer goods		20.3	%		20.3	%
Financials		18.4			18.9
Information technology		15.1			16.9
Energy and utilities		16.6			15.8
Healthcare		13.1			12.7
Industrials		8.8			9.1
Other		7.7			6.3
Total		100.0	%		100.0	%

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Federal Income Taxes - Components of Deferred Tax Assets and Liabilities (Detail) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2012
DEFERRED TAX ASSETS
Investments, principally due to impairment losses	$ 69,131	$ 70,103
Investment in real estate and other invested assets principally due to investment valuation allowances	7,583	7,259
Policyholder funds, principally due to policy reserve discount	228,822	229,429
Policyholder funds, principally due to unearned premium reserve	31,689	30,337
Participating policyholders' surplus	37,858	37,014
Pension	95,860	94,847
Commissions and other expenses	7,791	7,889
Tax carryforwards	13,421	23,041
Other assets		3,343
Gross deferred tax assets	492,155	503,262
DEFERRED TAX LIABILITIES
Available-for-sale securities, principally due to net unrealized gains	(293,527)	(257,290)
Investment in bonds, principally due to accrual of discount on bonds	(8,964)	(9,415)
Deferred policy acquisition costs, due to difference between GAAP and tax amortization methods	(323,280)	(327,245)
Property, plant and equipment, principally due to difference between GAAP and tax depreciation methods	(1,083)	(1,462)
Other Liabilities	(728)
Gross deferred tax liabilities	(627,582)	(595,412)
Total net deferred tax liability	$ (135,427)	$ (92,150)

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Segment Information (Tables)

3 Months Ended

Mar. 31, 2013

Segment Reporting [Abstract]

Summary of Results of Operations by Operating Segments

The following summarizes results of operations by operating segments (in thousands):

	Three months ended March 31,
	2013			2012
Income (loss) from continuing operations before federal income taxes, and equity in earnings/losses of unconsolidated affiliates
Life	$	6,004		$	7,556
Annuity		27,334			23,734
Health		(686	)		(1,452	)
Property and casualty		12,909			24,560
Corporate and other		16,587			8,973
Total	$	62,148		$	63,371

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Federal Income Taxes

3 Months Ended

Mar. 31, 2013

Income Tax Disclosure [Abstract]

Federal Income Taxes

12. FEDERAL INCOME TAXES

A reconciliation of the effective tax rate to the statutory federal tax rate is shown below (in thousands, except percentages):

	Three months ended March 31,
	2013						2012
	Amount			Rate			Amount			Rate
Income tax expense on pre-tax income	$	21,752			35.0	%	$	22,180			35.0	%
Tax-exempt investment income		(1,623	)		(2.6	)		(1,905	)		(3.0	)
Dividend exclusion		(1,471	)		(2.4	)		(1,469	)		(2.3	)
Miscellaneous tax credits, net		(1,961	)		(3.2	)		(2,111	)		(3.3	)
Other items, net		(5,380	)		(8.6	)		288			0.4
Total	$	11,317			18.2	%	$	16,983			26.8	%

There were no federal income tax payments or refunds during the three months ended March 31, 2013. American National received net refunds of $6,425,000 during the three months ended March 31, 2012.

The tax effects of temporary differences that gave rise to the deferred tax assets and liabilities are shown below (in thousands):

	March 31,			December 31,
	2013			2012
DEFERRED TAX ASSETS
Investments, principally due to impairment losses	$	69,131		$	70,103
Investment in real estate and other invested assets principally due to investment valuation allowances		7,583			7,259
Policyholder funds, principally due to policy reserve discount		228,822			229,429
Policyholder funds, principally due to unearned premium reserve		31,689			30,337
Participating policyholders’ surplus		37,858			37,014
Pension		95,860			94,847
Commissions and other expenses		7,791			7,889
Tax carryforwards		13,421			23,041
Other assets		—			3,343
Gross deferred tax assets		492,155			503,262
DEFERRED TAX LIABILITIES
Available-for-sale securities, principally due to net unrealized gains		(293,527	)		(257,290	)
Investment in bonds, principally due to accrual of discount on bonds		(8,964	)		(9,415	)
Deferred policy acquisition costs, due to difference between GAAP and tax amortization methods		(323,280	)		(327,245	)
Property, plant and equipment, principally due to difference between GAAP and tax depreciation methods		(1,083	)		(1,462	)
Other Liabilities		(728	)		—
Gross deferred tax liabilities		(627,582	)		(595,412	)
Total net deferred tax liability	$	(135,427	)	$	(92,150	)

Management believes that a sufficient level of taxable income will be achieved over time to utilize the deferred tax assets in the consolidated federal tax return; therefore, no valuation allowance was recorded as of March 31, 2013 and December 31, 2012. However, if not utilized beforehand, approximately $13,421,000 in ordinary loss tax carryforwards will expire at the end of tax year 2033.

The statute of limitations for the examination of federal income tax returns by the IRS for years 2006 to 2011 either has been extended or has not expired. In the opinion of management, all prior year deficiencies have been paid or adequate provisions have been made for any tax deficiencies that may be upheld. No provision for penalties was established, and no interest expense was incurred for 2013 or 2012, relating to uncertain tax positions. Management does not believe that there are any uncertain tax benefits that could be recognized within the next twelve months that would decrease American National’s effective tax rate.