American Equity Investment Life Holding Company (NYSE:AEL), the underwriter of life insurance and annuities, operates through its subsidiaries in all 50 U.S. states, as well as in the District of Columbia. The company has tremendous marketing power, inclusive of more than 24,000 licensed selling agents and approximately 60 national marketing organizations. It is also known as being the pioneer of the fixed index annuity product.
Headquartered in Des Moines, Iowa, American Equity became a publicly traded company in 2003. As of May 2013, the company has a market capitalization of approximately $1 billion, due in large part from incoming annuity product premiums.
One of the biggest keys to American Equity's success is the company's entrepreneurial and...
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