American Equity announces fourth-quarter and year-end results
American Equity Investment Life Holding Co. reported an operating income of $108.9 million, or $1.70 per share, in 2010, an increase of 7 percent from 2009 operating income of $101.8 million.
Net income was $42.9 million, down from $68.5 million in 2009. Fourth-quarter operating income was $26.4 million, a decrease of 8 percent from the fourth quarter of 2009.
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