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American Equity improves on income from a year ago


American Equity Investment Life Holding Co. reported second-quarter net income of $18.27 million, compared with a net loss of $1.5 million the previous year.

The company reported operating income of $29.01 million, down from $29.2 million the previous year. American Equity reported net income of $49.6 million in the first six months of the year, up from $13.38 million in the same period a year ago.

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