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American Equity Investment Life Holding's (AEL) CEO, John Matovina on Q1 2018 Results - Earnings Call Transcript

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American Equity Investment Life Holding Company (NYSE:AEL) Q1 2018 Earnings Conference Call May 3, 2018 9:00 AM ET


John Matovina - Chairman, Chief Executive Officer

Ronald Grensteiner - President

Ted Johnson - Chief Financial Officer, Treasurer

Julie LaFollette - Director, Investor Relations


Pablo Singzon - JP Morgan

Randy Binner - B. Riley FBR

Peter Xuan - KBW

Kenneth Lee - RBC Capital Markets

Dan Bergman - Citi

Mark Hughes - SunTrust


Welcome to American Equity Investments Life Holding Company’s first quarter 2018 conference call. At this time for opening remarks and introductions, I would like to turn the call over to Julie LaFollette, Director of Investor Relations.

Julie LaFollette

Good morning and welcome to American Equity Investment Life Holding Company’s conference call to discuss first quarter 2018 earnings. Our earnings release and financial supplement can be found on our website at www.american-equity.com. Non-GAAP financial measures discussed on today’s call and reconciliations of non-GAAP financial measures to the most comparable GAAP measures can be found in those documents.

Presenting on today’s call are John Matovina, Chief Executive Officer; Ted Johnson, Chief Financial Officer, and Ron Grensteiner, President of American Equity Investment Life Insurance Company.

Some of the comments made during this call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act. There are a number of risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that could cause the actual results to differ materially are discussed in detail in our most recent filings with the SEC. An audio replay will be made available on our website shortly after today’s call.

It is now my pleasure to introduce John Matovina.

John Matovina

Thank you, Julie. Good morning everyone and thank you for joining us this morning. We started 2018

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