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American National Insurance Co. Message Board

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  • pmlljl pmlljl Sep 28, 2010 4:44 PM Flag

    Any insights on what's really going on?

    readyever12:

    I read the same article in the WSJ. I am unsure how ANAT's withdrawal from the individual
    health insurance market will affect the company.
    However, I expect that they will look for more promising opportunities elsewhere. Do you have an opinion?

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    • Long term I believe in ANAT, I'm just thinking in the short term you might have further pullback as Health revenue based on 2009 Financial statement could be upto 10% of revenue.. <Take this with a grain a salt. Although that doesn't justify the sudden radical drop until the news comes out you might have more downturn.. I'm not in on this one at the moment I'm just sidelining until more news comes out on Oct 25th

 
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