American National 10-Q 6 May 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2016	May. 02, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Trading Symbol	ANAT
Entity Registrant Name	AMERICAN NATIONAL INSURANCE CO /TX/
Entity Central Index Key	904,163
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		26,914,218

Consolidated Statements of Fina

Consolidated Statements of Financial Position - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
ASSETS
Fixed maturity, bonds held-to-maturity, at amortized cost (Fair value $7,863,320 and $7,755,553)	$ 7,567,273	$ 7,609,420
Fixed maturity, bonds available-for-sale, at fair value (Amortized cost $5,600,875 and $5,427,831)	5,776,762	5,483,916
Equity securities, at fair value (Cost $808,650 and $810,826)	1,510,495	1,514,979
Mortgage loans on real estate, net of allowance	3,693,211	3,483,280
Policy loans	405,604	407,491
Investment real estate, net of accumulated depreciation of $217,103 and $212,139	584,459	581,255
Short-term investments	312,306	460,612
Other invested assets	170,031	173,042
Total investments	20,020,141	19,713,995
Cash and cash equivalents	148,945	190,237
Investments in unconsolidated affiliates	410,045	379,348
Accrued investment income	170,609	177,474
Reinsurance recoverables	386,533	413,881
Prepaid reinsurance premiums	65,825	77,907
Premiums due and other receivables	290,347	285,446
Deferred policy acquisition costs	1,297,799	1,324,669
Property and equipment, net	119,522	120,680
Current tax receivable	16,868	4,091
Other assets	141,502	140,788
Separate account assets	899,750	918,446
Total assets	23,967,886	23,746,962
LIABILITIES
Life	2,863,567	2,853,962
Annuity	1,161,836	1,113,057
Accident and health	63,260	65,034
Policyholders' account balances	10,952,355	10,829,173
Policy and contract claims	1,282,734	1,280,011
Unearned premium reserve	808,506	812,977
Other policyholder funds	311,747	305,836
Liability for retirement benefits	202,014	207,635
Notes payable	135,975	128,436
Deferred tax liabilities, net	251,350	219,295
Other liabilities	509,184	550,629
Separate account liabilities	899,750	918,446
Total liabilities	19,442,278	19,284,491
STOCKHOLDERS' EQUITY
Common stock, $1.00 par value, - Authorized 50,000,000, Issued 30,832,449 and 30,832,449 Outstanding 26,914,218 and 26,894,456 shares	30,832	30,832
Additional paid-in capital	15,740	13,689
Accumulated other comprehensive income	406,460	352,620
Retained earnings	4,164,969	4,157,184
Treasury stock, at cost	(101,781)	(102,043)
Total American National stockholders' equity	4,516,220	4,452,282
Noncontrolling interest	9,388	10,189
Total stockholders' equity	4,525,608	4,462,471
Total liabilities and stockholders' equity	$ 23,967,886	$ 23,746,962

Consolidated Statements of Fin3

Consolidated Statements of Financial Position (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Fair value of bonds held-to-maturity	$ 7,863,320	$ 7,755,553
Amortized cost of bonds available-for-sale	5,600,875	5,427,831
Cost of equity securities	808,650	810,826
Accumulated depreciation of investment real estate	$ 217,103	$ 212,139
Common stock, par value	$ 1	$ 1
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	30,832,449	30,832,449
Common stock, shares outstanding	26,914,218	26,894,456

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Premiums
Life	$ 75,117	$ 72,082
Annuity	70,208	41,443
Accident and health	42,313	51,837
Property and casualty	303,361	276,481
Other policy revenues	64,347	57,524
Net investment income	196,054	209,213
Net realized investment gains	9,062	39,302
Other-than-temporary impairments	(3,476)	(25)
Other income	7,984	8,710
Total premiums and other revenues	764,970	756,567
Policyholder benefits
Life	100,771	88,004
Annuity	81,247	54,367
Claims incurred
Accident and health	32,292	31,797
Property and casualty	211,958	192,252
Interest credited to policyholders' account balances	76,527	75,753
Commissions for acquiring and servicing policies	112,884	93,115
Other operating expenses	130,376	123,458
Change in deferred policy acquisition costs	(4,593)	6,462
Total benefits, losses and expenses	741,462	665,208
Income before federal income tax and equity in earnings of unconsolidated affiliates	23,508	91,359
Less: Provision (benefit) for federal income taxes
Current	(4,714)	35,392
Deferred	644	10,298
Total provision (benefit) for federal income taxes	(4,070)	45,690
Equity in earnings of unconsolidated affiliates	937	56,584
Net income	28,515	102,253
Less: Net loss attributable to noncontrolling interest, net of tax	(801)	(729)
Net income attributable to American National	$ 29,316	$ 102,982
Earnings per share
Basic	$ 1.09	$ 3.84
Diluted	1.09	3.82
Cash dividends to common stockholders	$ 0.80	$ 0.77
Weighted average common shares outstanding	26,909,511	26,818,215
Weighted average common shares outstanding and dilutive potential common shares	26,965,967	26,964,350

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 28,515	$ 102,253
Other comprehensive income, net of tax
Change in net unrealized gains on securities	51,973	7,836
Foreign currency transaction and translation adjustments	(12)	(1,838)
Defined benefit pension plan adjustment	1,879	1,443
Other comprehensive income, net of tax	53,840	7,441
Total comprehensive income	82,355	109,694
Less: Comprehensive loss attributable to noncontrolling interest	(801)	(729)
Total comprehensive income attributable to American National	$ 83,156	$ 110,423

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Other Comprehensive Income [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Noncontrolling Interest [Member]
Balance at beginning of the period at Dec. 31, 2014		$ 30,832	$ 9,248	$ 490,782	$ 3,998,644	$ (101,941)	$ 12,384
Reissuance of treasury shares			1,978			243
Net income (loss) attributable to American National	$ 102,982				102,982
Contributions							24
Other comprehensive income	7,441			7,441
Amortization of restricted stock			377
Cash dividends to common stockholders					(20,711)
Net income (loss) attributable to noncontrolling interest							(729)
Balance at end of the period at Mar. 31, 2015	4,531,554	30,832	11,603	498,223	4,080,915	(101,698)	11,679
Balance at beginning of the period at Dec. 31, 2015	4,462,471	30,832	13,689	352,620	4,157,184	(102,043)	10,189
Reissuance of treasury shares			1,841			262
Net income (loss) attributable to American National	29,316				29,316
Other comprehensive income	53,840			53,840
Amortization of restricted stock			210
Cash dividends to common stockholders					(21,531)
Net income (loss) attributable to noncontrolling interest							(801)
Balance at end of the period at Mar. 31, 2016	$ 4,525,608	$ 30,832	$ 15,740	$ 406,460	$ 4,164,969	$ (101,781)	$ 9,388

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
OPERATING ACTIVITIES
Net income	$ 28,515	$ 102,253
Adjustments to reconcile net income to net cash provided by operating activities
Net realized investment gains	(9,062)	(39,302)
Other-than-temporary impairments	3,476	25
Amortization of premiums, discounts and loan origination fees	161	977
Net capitalized interest on policy loans and mortgage loans	(6,820)	(7,708)
Depreciation	12,752	10,896
Interest credited to policyholders' account balances	76,527	75,753
Charges to policyholders' account balances	(64,347)	(57,524)
Deferred federal income tax expense	644	10,298
Equity in earnings of unconsolidated affiliates	(937)	(56,584)
Distributions from equity method investments	317	199
Changes in Policyholder liabilities	54,761	57,193
Deferred policy acquisition costs	(4,593)	6,462
Reinsurance recoverables	27,348	12,782
Premiums due and other receivables	(5,108)	(15,042)
Prepaid reinsurance premiums	12,082	838
Accrued investment income	6,865	1,606
Current tax receivable/payable	(12,777)	32,873
Liability for retirement benefits	(5,621)	4,348
Other, net	16,628	(17,609)
Net cash provided by operating activities	130,811	122,734
INVESTING ACTIVITIES
Held-to-maturity securities	116,940	319,361
Available-for-sale securities	120,761	120,746
Investment real estate		10,821
Mortgage loans	125,983	167,304
Policy loans	13,610	13,929
Other invested assets	4,592	6,080
Disposals of property and equipment	8,349	800
Distributions from unconsolidated affiliates	4,972	24,465
Held-to-maturity securities	(80,091)	(85,733)
Available-for-sale securities	(325,867)	(236,077)
Investment real estate	(9,710)	(16,533)
Mortgage loans	(332,093)	(155,138)
Policy loans	(5,868)	(6,134)
Other invested assets	(5,294)	(3,729)
Additions to property and equipment	(13,442)	(13,580)
Contributions to unconsolidated affiliates	(40,351)	(24,668)
Change in short-term investments	148,306	(89,333)
Other, net	90	12,301
Net cash provided by (used in) investing activities	(269,113)	44,882
FINANCING ACTIVITIES
Policyholders' account deposits	435,506	212,245
Policyholders' account withdrawals	(324,504)	(406,870)
Change in notes payable	7,539	8,258
Dividends to stockholders	(21,531)	(20,711)
Proceeds from noncontrolling interest		24
Net cash provided by (used in) financing activities	97,010	(207,054)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(41,292)	(39,438)
Beginning of the period	190,237	209,455
End of the period	$ 148,945	$ 170,017

Nature of Operations

Nature of Operations	3 Months Ended
	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	Note 1 – Nature of Operations American National Insurance Company and its consolidated subsidiaries (collectively “American National” or “the Company”) offer a broad spectrum of insurance products, including individual and group life insurance, annuities, health insurance, and property and casualty insurance. Business is conducted in all 50 states, the District of Columbia and Puerto Rico.

Summary of Significant Accounti

Summary of Significant Accounting Policies and Practices	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies and Practices	Note 2 – Summary of Significant Accounting Policies and Practices The consolidated financial statements and notes thereto have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) and are reported in U.S. currency. American National consolidates entities that are wholly-owned and those in which American National owns less than 100% but controls, as well as variable interest entities in which American National is the primary beneficiary. Intercompany balances and transactions with consolidated entities have been eliminated. Investments in unconsolidated affiliates are accounted for using the equity method of accounting. Certain amounts in prior years have been reclassified to conform to current year presentation. The interim consolidated financial statements and notes herein are unaudited and reflect all adjustments which management considers necessary for the fair presentation of the interim consolidated statements of financial position, operations, comprehensive income, changes in stockholders’ equity, and cash flows. The interim consolidated financial statements and notes should be read in conjunction with the annual consolidated financial statements and notes thereto included in American National’s Annual Report on Form 10-K as of and for the year ended December 31, 2015. The consolidated results of operations for the interim periods should not be considered indicative of results to be expected for the full year. The preparation of the consolidated financial statements in conformity with GAAP requires the use of estimates and assumptions that affect the reported consolidated financial statement balances. Actual results could differ from those estimates.

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	3 Months Ended
	Mar. 31, 2016
Accounting Changes and Error Corrections [Abstract]
Recently Issued Accounting Pronouncements	Note 3 – Recently Issued Accounting Pronouncements Adoption of New Accounting Standards In February 2015, the FASB issued guidance amending the consolidation analysis. The guidance modifies the evaluation of whether limited partnerships and similar legal entities are variable interest entities (VIEs) or voting interest entities. The guidance eliminates the presumption that a general partner should consolidate a limited partnership and affects the consolidation analysis of reporting entities that are involved with VIEs. We adopted the standard on its required effective date of January 1, 2016. The adoption of this standard did not have a material impact to the Company’s financial statements. Future Adoption of New Accounting Standards— In May 2014, the FASB issued guidance that will supersede most existing revenue recognition requirements in U.S. GAAP. Insurance contracts generally are excluded from the scope of the guidance. For those contracts which are impacted, the transaction price is attributed to the underlying performance obligations in the contract and revenue is recognized as the entity satisfies the performance obligations and transfers control of a good or service to the customer. The guidance is effective for reporting periods beginning after December 15, 2017 and is to be applied retrospectively. The Company is evaluating the impact of adoption, which is not expected to be material to the Company’s financial statements. In May 2015, the FASB issued guidance to expand the disclosures an insurance entity would provide about its short duration contracts. The disclosure about the liability for unpaid claims and claim adjustment expenses is intended to increase the transparency of significant estimates made in the measuring of those liabilities. It is also intended to provide insight into an insurance entity’s ability to underwrite and anticipate costs associated with claims. The amended guidance is effective for annual reporting periods beginning after December 15, 2015 and for interim reporting periods beginning after December 15, 2016. The guidance affects disclosures only and will not impact the Company’s financial statements. In January 2016, the FASB issued guidance that will change certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. The new guidance requires that equity investments be measured at fair value and that changes in fair value are recognized in net income. It also simplifies the impairment assessment of equity investments and eliminates the disclosure requirements for methods and significant assumptions used to estimate fair value of financial instruments that are measured at amortized cost on the balance sheet. The amended guidance is effective for reporting periods beginning after December 15, 2017. The Company is evaluating the impact of the adoption and assessing its potential impact on the Company’s financial statements. In February 2016, the FASB issued guidance that will require most leases to be recognized on the statement of financial position. The guidance defines a lease as a contract, or part of a contract, that conveys the right to control the use of the identified property, plant, or equipment for a period of time in exchange for consideration. The accounting applied by a lessor remains largely unchanged. The amended guidance is effective for annual periods beginning after December 15, 2018, and interim periods within those annual periods. The Company is evaluating the impact of the adoption, which is not expected to be material to the Company’s financial statements.

Investment in Securities

Investment in Securities	3 Months Ended
	Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Investment in Securities	Note 4 – Investment in Securities The cost or amortized cost and fair value of investments in securities are shown below (in thousands): March 31, 2016 Cost or Gross Unrealized Gross Unrealized Fair Value Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ 321,746 $ 27,475 $ (298 ) $ 348,923 Foreign governments 4,090 949 — 5,039 Corporate debt securities 6,958,916 360,442 (113,137 ) 7,206,221 Residential mortgage-backed securities 265,889 21,046 (734 ) 286,201 Collateralized debt securities 1,297 92 — 1,389 Other debt securities 15,335 212 — 15,547 Total bonds held-to-maturity 7,567,273 410,216 (114,169 ) 7,863,320 Fixed maturity securities, bonds available-for-sale U.S. treasury and government 24,221 813 (7 ) 25,027 U.S. states and political subdivisions 946,797 53,300 (240 ) 999,857 Foreign governments 5,000 1,918 — 6,918 Corporate debt securities 4,594,317 185,932 (68,981 ) 4,711,268 Residential mortgage-backed securities 23,377 2,412 (165 ) 25,624 Collateralized debt securities 7,163 909 (4 ) 8,068 Total bonds available-for-sale 5,600,875 245,284 (69,397 ) 5,776,762 Equity securities Common stock 787,663 717,630 (23,842 ) 1,481,451 Preferred stock 20,987 8,057 — 29,044 Total equity securities 808,650 725,687 (23,842 ) 1,510,495 Total investments in securities $ 13,976,798 $ 1,381,187 $ (207,408 ) $ 15,150,577 December 31, 2015 Cost or Gross Unrealized Gross Unrealized Fair Value Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ 324,643 $ 22,318 $ (444 ) $ 346,517 Foreign governments 4,101 867 — 4,968 Corporate debt securities 6,985,844 263,927 (158,101 ) 7,091,670 Residential mortgage-backed securities 277,135 18,351 (1,286 ) 294,200 Collateralized debt securities 1,924 100 — 2,024 Other debt securities 15,773 401 — 16,174 Total bonds held-to-maturity 7,609,420 305,964 (159,831 ) 7,755,553 Fixed maturity securities, bonds available-for-sale U.S. treasury and government 24,024 702 (34 ) 24,692 U.S. states and political subdivisions 933,958 39,808 (1,275 ) 972,491 Foreign governments 5,000 1,733 — 6,733 Corporate debt securities 4,431,765 120,471 (107,614 ) 4,444,622 Residential mortgage-backed securities 25,629 2,155 (420 ) 27,364 Collateralized debt securities 7,455 629 (70 ) 8,014 Total bonds available-for-sale 5,427,831 165,498 (109,413 ) 5,483,916 Equity securities Common stock 794,839 718,225 (22,035 ) 1,491,029 Preferred stock 15,987 7,964 (1 ) 23,950 Total equity securities 810,826 726,189 (22,036 ) 1,514,979 Total investments in securities $ 13,848,077 $ 1,197,651 $ (291,280 ) $ 14,754,448 The amortized cost and fair value, by contractual maturity, of fixed maturity securities are shown below (in thousands): March 31, 2016 Bonds Held-to-Maturity Bonds Available-for-Sale Amortized Cost Fair Value Amortized Cost Fair Value Due in one year or less $ 301,205 $ 307,473 $ 223,697 $ 224,443 Due after one year through five years 3,097,258 3,297,275 1,318,208 1,393,884 Due after five years through ten years 3,937,641 4,014,344 3,466,832 3,535,364 Due after ten years 225,319 239,203 587,138 618,208 Without single maturity date 5,850 5,025 5,000 4,863 Total $ 7,567,273 $ 7,863,320 $ 5,600,875 $ 5,776,762 Actual maturities differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Residential and commercial mortgage-backed securities, which are not due at a single maturity, have been allocated to their respective categories based on the year of final contractual maturity. Proceeds from sales of available-for-sale securities, with the related gross realized gains and losses, are shown below (in thousands): Three months ended March 31, 2016 2015 Proceeds from sales of available-for-sale securities $ 15,705 $ 15,582 Gross realized gains 5,067 6,783 Gross realized losses 124 — Gains and losses are determined using specific identification of the securities sold. During the three months ended March 31, 2016 and 2015 there were no bonds transferred from held-to-maturity to available-for-sale. The components of the change in net unrealized gains (losses) on securities are shown below (in thousands): Three months ended March 31, 2016 2015 Bonds available-for-sale $ 119,802 $ 47,093 Equity securities (2,308 ) (12,435 ) Change in net unrealized gains on securities during the year 117,494 34,658 Adjustments for Deferred policy acquisition costs (31,463 ) (14,048 ) Participating policyholders’ interest (6,012 ) (2,882 ) Deferred federal income tax expense (28,046 ) (9,892 ) Change in net unrealized gains on securities, net of tax $ 51,973 $ 7,836 The gross unrealized losses and fair value of the investment securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are shown below (in thousands): March 31, 2016 Less than 12 months 12 Months or more Total Unrealized Fair Value Unrealized Fair Value Unrealized Fair Value Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ (298 ) $ 4,074 $ — $ — $ (298 ) $ 4,074 Corporate debt securities (57,810 ) 750,427 (55,327 ) 332,409 (113,137 ) 1,082,836 Residential mortgage-backed securities (37 ) 7,444 (697 ) 14,030 (734 ) 21,474 Total bonds held-to-maturity (58,145 ) 761,945 (56,024 ) 346,439 (114,169 ) 1,108,384 Fixed maturity securities, bonds available-for-sale U.S. treasury and government (7 ) 9,507 — — (7 ) 9,507 U.S. states and political subdivisions (234 ) 6,800 (6 ) 2,090 (240 ) 8,890 Corporate debt securities (47,354 ) 756,561 (21,627 ) 157,966 (68,981 ) 914,527 Residential mortgage-backed securities (10 ) 1,745 (155 ) 4,787 (165 ) 6,532 Collateralized debt securities — 51 (4 ) 217 (4 ) 268 Total bonds available-for-sale (47,605 ) 774,664 (21,792 ) 165,060 (69,397 ) 939,724 Equity securities Common stock (23,842 ) 132,434 — — (23,842 ) 132,434 Preferred stock — — — — — — Total equity securities (23,842 ) 132,434 — — (23,842 ) 132,434 Total $ (129,592 ) $ 1,669,043 $ (77,816 ) $ 511,499 $ (207,408 ) $ 2,180,542 December 31, 2015 Less than 12 months 12 Months or more Total Unrealized Fair Value Unrealized Fair Value Unrealized Fair Value Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ (444 ) $ 19,412 $ — $ — $ (444 ) $ 19,412 Corporate debt securities (93,285 ) 1,912,178 (64,816 ) 283,469 (158,101 ) 2,195,647 Residential mortgage-backed securities (449 ) 21,275 (837 ) 14,721 (1,286 ) 35,996 Total bonds held-to-maturity (94,178 ) 1,952,865 (65,653 ) 298,190 (159,831 ) 2,251,055 Fixed maturity securities, bonds available-for-sale U.S. treasury and government (34 ) 18,802 — — (34 ) 18,802 U.S. states and political subdivisions (1,223 ) 80,807 (52 ) 2,569 (1,275 ) 83,376 Corporate debt securities (81,638 ) 1,796,357 (25,976 ) 90,784 (107,614 ) 1,887,141 Residential mortgage-backed securities (228 ) 15,273 (192 ) 4,984 (420 ) 20,257 Collateralized debt securities (66 ) 2,115 (4 ) 253 (70 ) 2,368 Total bonds available-for-sale (83,189 ) 1,913,354 (26,224 ) 98,590 (109,413 ) 2,011,944 Equity securities Common stock (22,035 ) 136,694 — — (22,035 ) 136,694 Preferred stock — — (1 ) — (1 ) — Total equity securities (22,035 ) 136,694 (1 ) — (22,036 ) 136,694 Total $ (199,402 ) $ 4,002,913 $ (91,878 ) $ 396,780 $ (291,280 ) $ 4,399,693 As of March 31, 2016, the securities with unrealized losses including those exceeding one year were not deemed to be other-than-temporarily impaired. American National has the ability and intent to hold those securities until a market price recovery or maturity. It is not more-likely-than-not that American National will be required to sell them prior to recovery, and recovery is expected in a reasonable period of time. It is possible an issuer’s financial circumstances may be different in the future, which may lead to a different impairment conclusion in future periods. Bonds distributed by credit quality rating, using both Standard & Poor’s and Moody’s ratings, are shown below: March 31, 2016 December 31, 2015 AAA 5.4 % 5.4 % AA 11.7 12.0 A 35.5 36.5 BBB 44.3 43.3 BB and below 3.1 2.8 Total 100.0 % 100.0 % Equity securities by market sector distribution are shown below: March 31, 2016 December 31, 2015 Consumer goods 21.5 % 20.5 % Energy and utilities 10.4 10.3 Finance 19.2 20.0 Healthcare 13.5 14.6 Industrials 8.5 8.2 Information technology 18.1 17.8 Other 8.8 8.6 Total 100.0 % 100.0 %

Mortgage Loans

Mortgage Loans	3 Months Ended
	Mar. 31, 2016
Receivables [Abstract]
Mortgage Loans	Note 5 – Mortgage Loans Generally, commercial mortgage loans are secured by first liens on income-producing real estate. American National attempts to maintain a diversified portfolio by considering the location of the underlying collateral. The distribution based on carrying amount of mortgage loans by location are as follows: March 31, 2016 December 31, 2015 East North Central 18.7 % 18.8 % East South Central 4.9 4.8 Mountain 11.7 11.6 Pacific 13.4 10.7 South Atlantic 17.2 18.8 West South Central 28.7 29.0 Other 5.4 6.3 Total 100.0 % 100.0 % For the quarter ended March 31, 2016, American National foreclosed on no loans. As of March 31, 2016 one loan was in the process of foreclosure with a recorded investment of $2,450,000. For the year ended December 31, 2015, American National foreclosed on three loans with a recorded investment totaling $24,333,000, and one was in the process of foreclosure with a recorded investment of $2,450,000. American National sold no loans for the three months ended March 31, 2016 and one loan with a recorded investment of $2,702,000 resulting in a realized loss of $1,602,000 for the year ended December 31, 2015. The age analysis of past due loans is shown below (in thousands): 30-59 Days 60-89 Days More Than Total Past Due Past Due 90 Days Total Current Amount Percent March 31, 2016 Industrial $ — $ — $ — $ — $ 778,077 $ 778,077 21.0 Office 6,406 — 2,450 8,856 1,259,282 1,268,138 34.2 Retail — — — — 583,408 583,408 15.7 Other — — — — 1,074,991 1,074,991 29.1 Total $ 6,406 $ — $ 2,450 $ 8,856 $ 3,695,758 $ 3,704,614 100.0 Allowance for loan losses (11,403 ) Total, net of allowance $ 3,693,211 December 31, 2015 Industrial $ — $ — $ — $ — $ 704,426 $ 704,426 20.1 Office — 5,883 2,450 8,333 1,252,484 1,260,817 36.1 Retail 19,088 — — 19,088 583,810 602,898 17.2 Other — — — — 928,034 928,034 26.6 Total $ 19,088 $ 5,883 $ 2,450 $ 27,421 $ 3,468,754 $ 3,496,175 100.0 Allowance for loan losses (12,895 ) Total, net of allowance $ 3,483,280 Total mortgage loans are net of unamortized discounts of $399,000 and $452,000 and unamortized origination fees of $23,113,000 and $22,637,000 at March 31, 2016 and December 31, 2015, respectively. No unearned income is included in these amounts. Allowance for Credit Losses The credit quality of the mortgage loan portfolio is assessed by evaluating the credit risk of the borrowers. A loan is classified as performing or non-performing based on whether all of the contractual terms of the loan have been met. Loans not evaluated individually for collectability are segregated by property-type and location, and allowance factors are applied. These factors are developed annually and reviewed quarterly based on our historical loss experience adjusted for the expected trend in the rate of foreclosure losses. Allowance factors are higher for loans of certain property types and in certain regions based on loss experience or a blended historical loss factor. The change in allowance for credit losses in mortgage loans is shown below (in thousands): Three months ended March 31, Collectively Individually Evaluated Evaluated for Impairment for Impairment Beginning balance 2016 $ 10,716 $ 2,179 Change in allowance 194 (1,686 ) Ending balance 2016 $ 10,910 $ 493 At March 31, 2016 and December 31, 2015, the recorded investment for loans collectively evaluated for impairment was $3,675,801,000 and $3,442,211,000, respectively. The recorded investment for loans individually evaluated for impairment was $28,813,000 and $53,964,000, respectively. Loans individually evaluated for impairment with and without an allowance recorded are shown below (in thousands): Three months ended March 31, 2016 2015 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized With an allowance Office $ — $ — $ 9,979 $ 209 Industrial — — 1,100 37 Total $ — $ — $ 11,079 $ 246 Without an allowance Office $ 28,952 $ 457 $ 20,996 $ 341 Total $ 28,952 $ 457 $ 20,996 $ 341 March 31, 2016 December 31, 2015 Unpaid Unpaid Recorded Principal Recorded Principal Investment Balance Investment Balance With an allowance Office $ — $ — $ 16,168 $ 17,855 Total $ — $ — $ 16,168 $ 17,855 Without an allowance Office $ 28,813 $ 28,813 $ 29,091 $ 29,091 Retail — — 8,705 8,705 Total $ 28,813 $ 28,813 $ 37,796 $ 37,796 Troubled Debt Restructurings American National has granted concessions which are classified as troubled debt restructurings to mortgage loan borrowers. Concessions are generally one of, or a combination of, a delay in payment of principal or interest, a reduction of the contractual interest rate or an extension of the maturity date. American National considers the amount, timing and extent of concessions in determining any impairment or changes in the specific allowance for loan losses recorded in connection with a troubled debt restructuring. The carrying value after specific allowance, before and after modification in a troubled debt restructuring, may not change significantly, or may increase if the expected recovery is higher than the pre-modification recovery assessment. There were no mortgage loans placed into troubled debt restructuring during the three months ended March 31, 2016 and 2015, respectively.

Investment Real Estate

Investment Real Estate	3 Months Ended
	Mar. 31, 2016
Real Estate [Abstract]
Investment Real Estate	Note 6 – Investment Real Estate Investment real estate by property-type and geographic distribution are as follows: March 31, 2016 December 31, 2015 Industrial 9.7 % 10.9 % Office 38.0 38.1 Retail 37.7 37.0 Other 14.6 14.0 Total 100.0 % 100.0 % March 31, 2016 December 31, 2015 East North Central 7.3 % 11.4 % East South Central 3.6 3.6 Mountain 12.4 12.6 Pacific 5.7 5.6 South Atlantic 14.1 10.1 West South Central 51.0 50.7 Other 5.9 6.0 Total 100.0 % 100.0 % American National regularly invests in real estate partnerships and joint ventures. American National frequently participates in the design of these entities with the sponsor, but in most cases, its involvement is limited to financing. Through analysis performed by American National, some of these partnerships and joint ventures have been determined to be variable interest entities (“VIEs”). In certain instances, in addition to an economic interest in the entity, American National holds the power to direct the most significant activities of the entity and is deemed the primary beneficiary or consolidator of the entity. The assets of the consolidated VIEs are restricted and must first be used to settle their liabilities. Creditors or beneficial interest holders of these VIEs have no recourse to the general credit of American National, as American National’s obligation is limited to the amount of its committed investment. American National has not provided financial or other support to the VIEs in the form of liquidity arrangements, guarantees, or other commitments to third parties that may affect the fair value or risk of its variable interest in the VIEs in 2016 or 2015. The assets and liabilities relating to the VIEs included in the consolidated financial statements are as follows (in thousands): March 31, 2016 December 31, 2015 Investment real estate $ 173,244 $ 174,264 Short-term investments 1 1 Cash and cash equivalents 3,842 3,855 Accrued investment income — 557 Other receivables 6,812 8,101 Other assets 10,093 8,210 Total assets of consolidated VIEs $ 193,992 $ 194,988 Notes payable $ 135,975 $ 128,436 Other liabilities 16,425 19,436 Total liabilities of consolidated VIEs $ 152,400 $ 147,872 The notes payable in the consolidated statements of financial position pertain to the borrowings of the consolidated VIEs. The liability of American National relating to notes payable of the consolidated VIEs is limited to the amount of its direct or indirect investment in the respective ventures, which totaled $36,924,000 and $34,699,000 at March 31, 2016 and December 31, 2015, respectively. The total long-term portion of notes payable, $98,293,000, consists of four notes with the following interest rates: 4.0%, one note with adjusted LIBOR plus LIBOR margin, one note at LIBOR, and one note at the lessor of the Prime Rate or the highest rate permitted by law. Of the long-term notes payable, two notes will mature in 2018 and two notes will mature beyond 5 years. The current portion of notes payable, $37,682,000, maturing in 2016 and 2017, consists of two notes with the following interest: prime plus 0.5%, and a loan with adjusted LIBOR plus LIBOR margin. For other VIEs in which American National is a partner, it is not the primary beneficiary and these entities are not consolidated, as the major decisions that most significantly impact the economic activities of the VIE require unanimous consent of all partners. The carrying amount and maximum exposure to loss relating to unconsolidated VIEs follows (in thousands): March 31, 2016 December 31, 2015 Carrying Maximum Carrying Maximum Investment in unconsolidated affiliates $ 240,681 $ 240,681 $ 236,816 $ 236,816 Mortgage loans 317,530 317,530 212,228 212,228 Accrued investment income 1,172 1,172 661 661 As of March 31, 2016, no real estate investments were classified as held for sale.

Derivative Instruments

Derivative Instruments	3 Months Ended
	Mar. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Note 7 – Derivative Instruments American National purchases over-the-counter equity-indexed options as economic hedges against fluctuations in the equity markets to which equity-indexed products are exposed. Equity-indexed contracts include a fixed host universal-life insurance or annuity contract and an equity-indexed embedded derivative. The detail of derivative instruments is shown below (in thousands, except number of instruments): Derivatives Not Designated as Hedging Instruments Location in the Consolidated Statements of Financial Position March 31, 2016 December 31, 2015 Number of Notional Estimated Fair Value Number of Notional Estimated Fair Value Equity-indexed options Other invested assets 422 $ 1,242,000 $ 123,761 419 $ 1,200,600 $ 123,007 Equity-indexed embedded derivative Policyholders’ account balances 54,091 1,122,600 258,267 51,815 1,067,600 242,412 Derivatives Not Designated as Hedging Instruments Location in the Consolidated Statements of Operations Gains (Losses) Recognized in Income on Derivatives Three months ended March 31, 2016 2015 Equity-indexed options Net investment income $ (3,639 ) $ 1,131 Equity-indexed embedded derivative Interest credited to policyholders’ account balances 2,552 (1,196 )

Net Investment Income and Reali

Net Investment Income and Realized Investment Gains (Losses)	3 Months Ended
	Mar. 31, 2016
Text Block [Abstract]
Net Investment Income and Realized Investment Gains (Losses)	Note 8 – Net Investment Income and Realized Investment Gains (Losses) Net investment income is shown below (in thousands): Three months ended March 31, 2016 2015 Bonds $ 140,193 $ 143,741 Equity securities 9,279 8,467 Mortgage loans 48,002 49,499 Real estate (1,874 ) (1,753 ) Options (3,639 ) 1,131 Other invested assets 4,093 8,128 Total $ 196,054 $ 209,213 Realized investment gains (losses) are shown below (in thousands): Three months ended March 31, 2016 2015 Bonds $ 2,739 $ 1,298 Equity securities 4,865 28,627 Mortgage loans 1,492 (524 ) Real estate — 9,911 Other invested assets (34 ) (10 ) Total $ 9,062 $ 39,302 Other-than-temporary impairment losses are shown below (in thousands): Three months ended March 31, 2016 2015 Equity securities (3,476 ) (25 ) Total $ (3,476 ) $ (25 )

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Note 9 – Fair Value of Financial Instruments The carrying amount and fair value of financial instruments are shown below (in thousands): March 31, 2016 December 31, 2015 Carrying Carrying Amount Fair Value Amount Fair Value Financial assets Fixed maturity securities, bonds held-to-maturity $ 7,567,273 $ 7,863,320 $ 7,609,420 $ 7,755,553 Fixed maturity securities, bonds available-for-sale 5,776,762 5,776,762 5,483,916 5,483,916 Equity securities 1,510,495 1,510,495 1,514,979 1,514,979 Equity-indexed options 123,761 123,761 123,007 123,007 Mortgage loans on real estate, net of allowance 3,693,211 3,772,509 3,483,280 3,621,978 Policy loans 405,604 405,604 407,491 407,491 Short-term investments 312,306 312,306 460,612 460,612 Separate account assets 899,750 899,750 918,446 918,446 Total financial assets $ 20,289,162 $ 20,664,507 $ 20,001,151 $ 20,285,982 Financial liabilities Investment contracts $ 8,825,987 $ 8,825,987 $ 8,787,376 $ 8,787,376 Embedded derivative liability for equity-indexed contracts 258,267 258,267 242,412 242,412 Notes payable 135,975 135,975 128,436 128,436 Separate account liabilities 899,750 899,750 918,446 918,446 Total financial liabilities $ 10,119,979 $ 10,119,979 $ 10,076,670 $ 10,076,670 Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability. A fair value hierarchy is used to determine fair value based on a hypothetical transaction at the measurement date from the perspective of a market participant. American National has evaluated the types of securities in its investment portfolio to determine an appropriate hierarchy level based upon trading activity and the observability of market inputs. The classification of assets or liabilities within the fair value hierarchy is based on the lowest level of significant input to its valuation. The input levels are defined as follows: Level 1 Unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 Quoted prices in markets that are not active or inputs that are observable directly or indirectly. Level 2 inputs include quoted prices for similar assets or liabilities other than quoted prices in Level 1; quoted prices in markets that are not active; or other inputs that are observable or can be derived principally from or corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 Unobservable inputs that are supported by little or no market activity and are significant to the fair value of the assets or liabilities. Unobservable inputs reflect American National’s own assumptions about the assumptions that market participants would use in pricing the asset or liability. Level 3 assets and liabilities include financial instruments whose values are determined using pricing models and third-party evaluation, as well as instruments for which the determination of fair value requires significant management judgment or estimation. Fixed Maturity Securities and Equity Options The pricing service utilizes market quotations for fixed maturity securities that have quoted prices in active markets. Since fixed maturity securities generally do not trade on a daily basis, the pricing service prepares estimates of fair value measurements for these securities using its proprietary pricing applications, which include available relevant market information, benchmark curves, benchmarking of like securities, sector groupings and matrix pricing. Additionally, an option adjusted spread model is used to develop prepayment and interest rate scenarios. The pricing service evaluates each asset class based on relevant market information, credit information, perceived market movements and sector news. The market inputs utilized in the pricing evaluation, listed in the approximate order of priority, include: benchmark yields, reported trades, broker/dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers, reference data, and economic events. The extent of the use of each market input depends on the asset class and the market conditions. Depending on the security, the priority of the use of inputs may change or some market inputs may not be relevant. For some securities, additional inputs may be necessary. American National has reviewed the inputs and methodology used and the techniques applied by the pricing service to produce quotes that represent the fair value of a specific security. The review confirms that the pricing service is utilizing information from observable transactions or a technique that represents a market participant’s assumptions. American National does not adjust quotes received from the pricing service. The pricing service utilized by American National has indicated that they will only produce an estimate of fair value if there is objectively verifiable information available. American National holds a small amount of private placement debt and fixed maturity securities that have characteristics that make them unsuitable for matrix pricing. For these securities, a quote from an independent broker (typically a market maker) is obtained. Due to the disclaimers on the quotes that indicate that the price is indicative only, American National includes these fair value estimates in Level 3. For securities priced using a quote from an independent broker, such as the equity options and certain fixed maturity securities, American National uses a market-based fair value analysis to validate the reasonableness of prices received from an independent broker. Price variances above a certain threshold are analyzed further to determine if any pricing issue exists. This analysis is performed quarterly. Equity Securities Mortgage Loans Embedded Derivative The significant unobservable input used to calculate the fair value of the embedded derivatives is equity option implied volatility. An increase in implied volatility will result in an increase in the value of the equity-indexed embedded derivatives, all other things being equal. At March 31, 2016 and December 31, 2015, the one year implied volatility used to estimate embedded derivative value was 16.4% and 17.5%, respectively. Other Financial Instruments Policy loans—The carrying value of policy loans is the outstanding balance plus any accrued interest. Due to the collateralized nature of policy loans such that they cannot be separated from the policy contracts and the unpredictable timing of repayments and the fact that settlement is at outstanding value, American National believes the carrying value of policy loans approximates fair value. Investment contracts —The carrying value of investment contracts is equivalent to the accrued account balance. The accrued account balance consists of deposits, net of withdrawals, plus or minus interest credited, fees and charges assessed and other adjustments. American National believes that the carrying value of investment contracts approximates fair value because the majority of these contracts’ interest rates reset to current rates offered at anniversary. Notes payable— Notes payable are carried at outstanding principal balance. The carrying value of the notes payable approximates fair value because the underlying interest rates approximate market rates at the balance sheet date. Quantitative Disclosures The fair value hierarchy measurements of the financial instruments are shown below (in thousands): Fair Value Measurement as of March 31, 2016 Total Fair Value Level 1 Level 2 Level 3 Financial assets Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ 348,923 $ — $ 348,923 $ — Foreign governments 5,039 — 5,039 — Corporate debt securities 7,206,221 — 7,125,502 80,719 Residential mortgage-backed securities 286,201 — 285,274 927 Collateralized debt securities 1,389 — — 1,389 Other debt securities 15,547 — 12,222 3,325 Total bonds held-to-maturity 7,863,320 — 7,776,960 86,360 Fixed maturity securities, bonds available-for-sale U.S. treasury and government 25,027 — 25,027 — U.S. states and political subdivisions 999,857 — 997,377 2,480 Foreign governments 6,918 — 6,918 — Corporate debt securities 4,711,268 — 4,696,574 14,694 Residential mortgage-backed securities 25,624 — 23,138 2,486 Collateralized debt securities 8,068 — 6,039 2,029 Total bonds available-for-sale 5,776,762 — 5,755,073 21,689 Equity securities Common stock 1,481,451 1,481,451 — — Preferred stock 29,044 29,044 — — Total equity securities 1,510,495 1,510,495 — — Options 123,761 — — 123,761 Mortgage loans on real estate 3,772,509 — 3,772,509 — Policy loans 405,604 — — 405,604 Short-term investments 312,306 — 312,306 — Separate account assets 899,750 — 899,750 — Total financial assets $ 20,664,507 $ 1,510,495 $ 18,516,598 $ 637,414 Financial liabilities Investment contracts $ 8,825,987 $ — $ — $ 8,825,987 Embedded derivative liability for equity-indexed contracts 258,267 — — 258,267 Notes payable 135,975 — — 135,975 Separate account liabilities 899,750 — 899,750 — Total financial liabilities $ 10,119,979 $ — $ 899,750 $ 9,220,229 Fair Value Measurement as of December 31, 2015 Total Fair Value Level 1 Level 2 Level 3 Financial assets Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ 346,517 $ — $ 346,517 $ — Foreign governments 4,968 — 4,968 — Corporate debt securities 7,091,670 — 7,010,165 81,505 Residential mortgage-backed securities 294,200 — 293,267 933 Collateralized debt securities 2,024 — 2,024 — Other debt securities 16,174 — 12,355 3,819 Total bonds held-to-maturity 7,755,553 — 7,669,296 86,257 Fixed maturity securities, bonds available-for-sale U.S. treasury and government 24,692 — 24,692 — U.S. states and political subdivisions 972,491 — 969,996 2,495 Foreign governments 6,733 — 6,733 — Corporate debt securities 4,444,622 — 4,431,263 13,359 Residential mortgage-backed securities 27,364 — 24,958 2,406 Collateralized debt securities 8,014 — 6,144 1,870 Total bonds available-for-sale 5,483,916 — 5,463,786 20,130 Equity securities Common stock 1,491,029 1,491,029 — — Preferred stock 23,950 23,950 — — Total equity securities 1,514,979 1,514,979 — — Options 123,007 — — 123,007 Mortgage loans on real estate 3,621,978 — 3,621,978 — Policy loans 407,491 — — 407,491 Short-term investments 460,612 — 460,612 — Separate account assets 918,446 — 918,446 — Total financial assets $ 20,285,982 $ 1,514,979 $ 18,134,118 $ 636,885 Financial liabilities Investment contracts $ 8,787,376 $ — $ — $ 8,787,376 Embedded derivative liability for equity-indexed contracts 242,412 — — 242,412 Notes payable 128,436 — — 128,436 Separate account liabilities 918,446 — 918,446 — Total financial liabilities $ 10,076,670 $ — $ 918,446 $ 9,158,224 For financial instruments measured at fair value on a recurring basis using Level 3 inputs during the period, a reconciliation of the beginning and ending balances is shown below (in thousands): Level 3 Three months ended March 31, Assets Liability Investment Equity-Indexed Embedded Securities Options Derivative Beginning balance, 2016 $ 20,130 $ 123,007 $ 242,412 Total realized and unrealized investment gains (losses) included in other comprehensive income 159 — — Net fair value change included in realized gains (losses) — — — Net gain (loss) for derivatives included in net investment income — (3,639 ) — Net change included in interest credited — — (2,552 ) Purchases, sales and settlements or maturities Purchases — 5,293 — Sales — — — Settlements or maturities (13 ) (900 ) — Premiums less benefits — — 18,407 Gross transfers into Level 3 1,413 — — Gross transfers out of Level 3 — — — Ending balance March 31, 2016 $ 21,689 $ 123,761 $ 258,267 Beginning balance, 2015 $ 64,433 $ 189,449 $ 208,187 Total realized and unrealized investment gains (losses) included in other comprehensive income 937 — — Net fair value change included in realized gains (losses) — — — Net gain (loss) for derivatives included in net investment income — (743 ) — Net change included in interest credited — — 1,196 Purchases, sales and settlements or maturities Purchases — 3,763 — Sales (61 ) — — Settlements or maturities (10 ) (4,463 ) — Premiums less benefits — — (971 ) Gross transfers into Level 3 — — — Gross transfers out of Level 3 — — — Ending balance March 31, 2015 $ 65,299 $ 188,006 $ 208,412 Within the net gain (loss) for derivatives included in net investment income were unrealized gains of $5,401,000 relating to assets still held at March 31, 2016 and losses of $3,309,000 at March 31, 2015. There were no transfers between Level 1 and Level 2 fair value hierarchies. The transfers into Level 3 during the three months ended March 31, 2016 were the result of existing securities no longer being priced by the third-party pricing service at the end of the period. American National’s valuation of these securities involves judgment regarding assumptions market participants would use including quotes from independent brokers.

Deferred Policy Acquisition Cos

Deferred Policy Acquisition Costs	3 Months Ended
	Mar. 31, 2016
Insurance [Abstract]
Deferred Policy Acquisition Costs	Note 10 – Deferred Policy Acquisition Costs Deferred policy acquisition costs are shown below (in thousands): Accident Property Life Annuity & Health & Casualty Total Beginning balance, 2016 $ 756,023 $ 411,206 $ 44,390 $ 113,050 $ 1,324,669 Additions 25,217 20,946 3,980 64,214 114,357 Amortization (22,171 ) (17,023 ) (5,553 ) (65,017 ) (109,764 ) Effect of change in unrealized gains on available-for-sale securities (6,294 ) (25,169 ) — — (31,463 ) Net change (3,248 ) (21,246 ) (1,573 ) (803 ) (26,870 ) Ending balance at March 31, 2016 $ 752,775 $ 389,960 $ 42,817 $ 112,247 $ 1,297,799 Commissions comprise the majority of the additions to deferred policy acquisition costs for each year.

Liability for Unpaid Claims and

Liability for Unpaid Claims and Claim Adjustment Expenses	3 Months Ended
	Mar. 31, 2016
Insurance [Abstract]
Liability for Unpaid Claims and Claim Adjustment Expenses	Note 11 – Liability for Unpaid Claims and Claim Adjustment Expenses The liability for unpaid claims and claim adjustment expenses (“claims”) for accident and health, and property and casualty insurance is included in “Policy and contract claims” in the consolidated statements of financial position and is the amount estimated for claims that have been reported but not settled and IBNR claims. Liability for unpaid claims are estimated based upon American National’s historical experience and actuarial assumptions that consider the effects of current developments, anticipated trends and risk management programs and reduced for anticipated salvage and subrogation. The effects of the changes are included in the consolidated results of operations in the period in which the changes occur. Information regarding the liability for unpaid claims is shown below (in thousands): Three months ended March 31, 2016 2015 Unpaid claims balance, beginning $ 1,104,302 $ 1,132,394 Less reinsurance recoverables 217,337 245,906 Net beginning balance 886,965 886,488 Incurred related to Current 252,781 239,128 Prior years (7,806 ) (12,100 ) Total incurred claims 244,975 227,028 Paid claims related to Current 101,995 98,382 Prior years 129,200 124,534 Total paid claims 231,195 222,916 Net balance 900,745 890,600 Plus reinsurance recoverables 202,386 236,370 Unpaid claims balance, ending $ 1,103,131 $ 1,126,970 The net and gross reserve calculations have shown favorable development as a result of favorable loss emergence compared to what was implied by the loss development patterns used in the original estimation of losses in prior years. Estimates for ultimate incurred claims attributable to insured events of prior years decreased by approximately $7,806,000 during the first three months of 2016 and decreased by approximately $12,100,000 during the first three months of 2015, reflecting lower-than-anticipated losses in the commercial auto, other liability and multi-peril lines of business.

Federal Income Taxes

Federal Income Taxes	3 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Federal Income Taxes	Note 12 – Federal Income Taxes A reconciliation of the effective tax rate to the statutory federal tax rate is shown below (in thousands, except percentages): Three months ended March 31, 2016 2015 Amount Rate Amount Rate Income tax on pre-tax income $ 8,556 35.0 % $ 51,780 35.0 % Tax-exempt investment income (1,972 ) (8.1 ) (1,879 ) (1.3 ) Tax-exempt restructuring (10,167 ) (41.6 ) — — Dividend exclusion (2,347 ) (9.6 ) (2,083 ) (1.4 ) Miscellaneous tax credits, net (2,251 ) (9.2 ) (1,931 ) (1.3 ) Low income housing tax credit expense 1,294 5.3 1,264 0.9 Interest expense 2,560 10.5 — — Other items, net 257 1.0 (1,461 ) (1.0 ) Total $ (4,070 ) (16.7 )% $ 45,690 30.9 % American National made income tax payments of $5,952,000 and $370,000 during the three months ended March 31, 2016 and 2015, respectfully. In the first quarter of 2016, the Company recognized a $10,167,000 tax benefit associated with the reduction of a deferred tax liability, when a determination was made that no tax would be due on the restructuring of a subsidiary ownership interest. Management believes that a sufficient level of taxable income will be achieved over time to utilize the deferred tax assets in the consolidated federal tax return; therefore, no valuation allowance was recorded as of March 31, 2016 and 2015. There are no ordinary loss tax carryforwards that will expire by December 31, 2016. The statute of limitations for the examination of federal income tax returns by the Internal Revenue Service for years 2006 to 2009 has been extended. In the opinion of management, all prior year deficiencies have been paid or adequate provisions have been made for any tax deficiencies that may be upheld. No provision for penalties was established, however, management has accrued interest in the amount of $2.6 million, net of tax, in the first quarter of 2016 relating to a dispute with the Internal Revenue Service. Management does not believe there are any uncertain tax benefits that could be recognized within the next twelve months that would decrease American National’s effective tax rate.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	3 Months Ended
	Mar. 31, 2016
Equity [Abstract]
Accumulated Other Comprehensive Income	Note 13 – Accumulated Other Comprehensive Income The components of and changes in the accumulated other comprehensive income (“AOCI”), and the related tax effects, are shown below (in thousands): Net Unrealized Gains (Losses) on Securities Defined Foreign AOCI Beginning balance, 2016 $ 453,434 $ (97,889 ) $ (2,925 ) $ 352,620 Amounts reclassified from AOCI (net of tax expense $5,496 and expense $1,012) 10,208 1,879 — 12,087 Unrealized holding gains arising during the period (net of tax expense $35,626) 66,164 — — 66,164 Unrealized adjustment to DAC (net of tax benefit $10,972) (20,491 ) — — (20,491 ) Unrealized losses on investments attributable to participating policyholders’ interest (net of tax benefit $2,104) (3,908 ) — — (3,908 ) Foreign currency adjustment (net of tax benefit $6) — — (12 ) (12 ) Ending balance at March 31, 2016 $ 505,407 $ (96,010 ) $ (2,937 ) $ 406,460 Beginning balance, 2015 568,151 (76,074 ) (1,295 ) 490,782 Amounts reclassified from AOCI (net of tax benefit $7,502 and expense $777) (21,184 ) 1,443 — (19,741 ) Unrealized holding gains arising during the period (net of tax expense $23,320) 40,024 — — 40,024 Unrealized adjustment to DAC (net of tax benefit $4,917) (9,131 ) — — (9,131 ) Unrealized losses on investments attributable to participating policyholders’ interest (net of tax benefit $1,009) (1,873 ) — — (1,873 ) Foreign currency adjustment (net of tax benefit $990) — — (1,838 ) (1,838 ) Ending balance at March 31, 2015 $ 575,987 $ (74,631 ) $ (3,133 ) $ 498,223

Stockholders' Equity and Noncon

Stockholders' Equity and Noncontrolling Interests	3 Months Ended
	Mar. 31, 2016
Equity [Abstract]
Stockholders' Equity and Noncontrolling Interests	Note 14 – Stockholders’ Equity and Noncontrolling Interests American National has one class of common stock with a par value of $1.00 per share and 50,000,000 authorized shares. The amounts outstanding at the dates indicated are shown below: March 31, 2016 December 31, 2015 Common stock Shares issued 30,832,449 30,832,449 Treasury shares (3,918,231 ) (3,937,993 ) Outstanding shares 26,914,218 26,894,456 Restricted shares (76,000 ) (76,000 ) Unrestricted outstanding shares 26,838,218 26,818,456 Stock-based compensation American National has one stock-based compensation plan, which allows for grants of Non-Qualified Stock Options, Stock Appreciation Rights (“SAR”), Restricted Stock (“RS”) Awards, Restricted Stock Units (“RSU”), Performance Awards, Incentive Awards or any combination thereof. This plan is administered by the American National Board Compensation Committee. Incentive awards under this plan are made to officers meeting established performance objectives. All awards are subject to review and approval both at the time of setting applicable performance objectives and at payment of the awards. The number of shares available for grants under the plan cannot exceed 2,900,000 shares, and no more than 200,000 shares may be granted to any one individual in any calendar year. Grants are made to certain officers and directors as compensation and to align their interests with those of other shareholders. SAR, RS and RSU information for the periods indicated are shown below: SAR RS Shares RS Units Shares Weighted-Average Fair Value Shares Weighted-Average Fair Value Units Weighted-Average Fair Value Outstanding at December 31, 2015 38,092 $ 115.18 76,000 $ 110.73 135,725 $ 103.73 Granted — — — — 36,849 103.58 Exercised (1,267 ) 96.31 — — (65,734 ) 99.99 Forfeited — — — — (182 ) 105.75 Expired (4,200 ) 116.48 — — — — Outstanding at March 31, 2016 32,625 $ 115.74 76,000 $ 110.73 106,658 $ 105.98 SAR RS Shares RS Units Weighted-average contractual remaining life (in years) 1.06 3.34 2.13 Exercisable shares 32,625 N/A N/A Weighted-average exercise price $ 115.74 $ 110.73 $ 105.98 Weighted-average exercise price exercisable shares 115.74 N/A N/A Compensation expense (credit) Three months ended March 31, 2016 $ 33,000 $ 210,000 $ 4,102,000 Three months ended March 31, 2015 (77,000 ) 377,000 3,180,000 Fair value of liability award March 31, 2016 $ 67,000 N/A $ 20,823,000 December 31, 2015 37,000 N/A 19,415,000 The SARs give the holder the right to cash compensation based on the difference between the stock price on the grant date and the stock price on the exercise date. The SARs vest at a rate of 20% per year for five years and expire five years after vesting. RS awards entitle the participant to full dividend and voting rights. Each RS share awarded has the value of one share of restricted stock and vests 10 years from the grant date. Unvested shares are restricted as to disposition, and are subject to forfeiture under certain circumstances. Compensation expense is recognized over the vesting period. The restrictions on these awards lapse after 10 years and most of these awards feature a graded vesting schedule in the case of the retirement of an award holder. Restricted stock awards for 350,334 shares have been granted at an exercise price of zero, of which 76,000 shares are unvested. RSU awards allow the recipient of the awards to settle the vested RSUs in either shares of American National’s common stock or cash. RSUs vest after a three-year graded vesting requirement or over a shorter period as a result of death, disability or retirement after age 65. Earnings per share Basic earnings per share were calculated using a weighted average number of shares outstanding. Diluted earnings per share include RS and RSU award shares. Three months ended March 31, 2016 2015 Weighted average shares outstanding 26,909,511 26,818,215 Incremental shares from RS awards and RSUs 56,456 146,135 Total shares for diluted calculations 26,965,967 26,964,350 Net income attributable to American National (in thousands) $ 29,316 $ 102,982 Basic earnings per share $ 1.09 $ 3.84 Diluted earnings per share 1.09 3.82 Statutory Capital and Surplus Risk Based Capital (“RBC”) is a measure insurance regulators use to evaluate the capital adequacy of American National Insurance Company and its insurance subsidiaries. RBC is calculated using formulas applied to certain financial balances and activities that consider, among other things, investment risks related to the type and quality of investments, insurance risks associated with products and liabilities, interest rate risks and general business risks. Insurance companies that do not maintain capital and surplus at a level at least 200% of the authorized control level RBC are required to take certain actions. At March 31, 2016 and December 31, 2015, American National Insurance Company’s statutory capital and surplus was $2,921,096,000 and $2,925,935,000, respectively. American National Insurance Company and each of its insurance subsidiaries had statutory capital and surplus at March 31, 2016 and December 31, 2015, substantially above 200% of the authorized control level. American National and its insurance subsidiaries prepare statutory-basis financial statements in accordance with statutory accounting practices prescribed or permitted by the insurance department of the state of domicile, which include certain components of the National Association of Insurance Commissioners’ Codification of Statutory Accounting Principles (“NAIC Codification”). NAIC Codification is intended to standardize regulatory accounting and reporting to state insurance departments. However, statutory accounting practices continue to be established by individual state laws and permitted practices. Modifications by the various state insurance departments may impact the statutory capital and surplus of American National Insurance Company and its insurance subsidiaries. Statutory accounting differs from GAAP primarily by charging policy acquisition costs to expense as incurred, establishing future policy benefit liabilities using different actuarial assumptions, and valuing securities on a different basis. In addition, certain assets are not admitted under statutory accounting principles and are charged directly to surplus. One of American National’s insurance subsidiaries has been granted a permitted practice from the Missouri Department of Insurance to record as the valuation of its investment in a wholly-owned subsidiary that is the attorney-in-fact for a Texas domiciled insurer, the statutory capital and surplus of the Texas domiciled insurer. This permitted practice increases the statutory capital and surplus of both American National Insurance Company and the Missouri domiciled insurance subsidiary by $67,115,000 and $64,991,000 at March 31, 2016 and March 31, 2015, respectively. Additionally, the statutory capital and surplus of both American National Insurance Company and the Missouri domiciled insurance subsidiary would have remained substantially above the company action level RBC had it not used the permitted practice. The statutory capital and surplus and net income of our life and property and casualty insurance entities in accordance with statutory accounting practices are shown below (in thousands): March 31, 2016 December 31, 2015 Statutory capital and surplus Life insurance entities $ 1,893,485 $ 1,900,939 Property and casualty insurance entities 1,036,577 1,033,942 Three months ended March 31, 2016 2015 Statutory net income Life insurance entities $ 3,927 $ 46,094 Property and casualty insurance entities 4,548 15,048 Dividends American National Insurance Company’s payment of dividends to stockholders is restricted by statutory regulations. The restrictions require life insurance companies to maintain minimum amounts of capital and surplus, and in the absence of special approval, limit the payment of dividends to the greater of the prior year’s statutory net income from operations, or 10% of prior year statutory surplus. American National Insurance Company is permitted to pay total dividends of $292,593,000 during 2016, without prior approval of the Texas Department of Insurance. Similar restrictions on amounts that can transfer in the form of dividends, loans, or advances to American National Insurance Company apply to its insurance subsidiaries. Noncontrolling interests American National County Mutual Insurance Company (“County Mutual”) is a mutual insurance company that is owned by its policyholders. American National has a management agreement that effectively gives it control of County Mutual. As a result, County Mutual is included in the consolidated financial statements of American National. Policyholder interests in the financial position of County Mutual are reflected as noncontrolling interest of $6,750,000 at March 31, 2016 and December 31, 2015. American National Insurance Company and its subsidiaries exercise significant control or ownership of various joint ventures, resulting in their consolidation into American National’s consolidated financial statements. The interests of the other partners in the consolidated joint ventures are shown as noncontrolling interests of $2,638,000 and $3,439,000 at March 31, 2016 and December 31, 2015, respectively.

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Segment Information	Note 15 – Segment Information Management organizes the business into five operating segments: • Life—markets whole, term, universal, indexed and variable life insurance on a national basis primarily through career, multiple-line, and independent agents as well as direct marketing channels. • Annuity—offers fixed, indexed, and variable annuity products. These products are primarily sold through independent agents, brokers, and financial institutions, along with multiple-line and career agents. • Health—primary lines of business are Medicare Supplement, stop loss, other supplemental health products and credit disability insurance. Health products are typically distributed through independent agents and managing general underwriters. • Property and Casualty—writes personal, agricultural and targeted commercial coverages and credit-related property insurance. These products are primarily sold through multiple-line and independent agents. • Corporate and Other—consists of net investment income from investments not allocated to the insurance segments and revenues from non-insurance operations. The accounting policies of the segments are the same as those described in Note 2 to American National’s annual report on Form 10-K. All revenues and expenses specifically attributable to policy transactions are recorded directly to the appropriate operating segment. Revenues and expenses not specifically attributable to policy transactions are allocated to each segment as follows: • Recurring income from bonds and mortgage loans is allocated based on the assets allocated to each line of business at the average yield available from these assets. • Net investment income from all other assets is allocated to the insurance segments in accordance with the amount of capital allocated to each segment, with the remainder recorded in the Corporate and Other business segment. • Expenses are allocated based upon various factors, including premium and commission ratios of the operating segments. The following summarizes the results of operations measured as the income before federal income taxes, and equity in earnings of unconsolidated affiliates by operating segments (in thousands): Three months ended March 31, 2016 2015 Life $ (3,481 ) $ 8,199 Annuity 17,971 17,113 Health (634 ) 7,543 Property and Casualty 6,990 10,222 Corporate and Other 2,662 48,282 Total $ 23,508 $ 91,359

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 16 – Commitments and Contingencies Commitments American National had aggregate commitments at March 31, 2016, to purchase, expand or improve real estate, to fund fixed interest rate mortgage loans, and to purchase other invested assets of $727,320,000 of which $578,084,000 is expected to be funded in 2016 with the remainder funded in 2017 and beyond. American National has a $100,000,000 short-term variable rate borrowing facility containing a $55,000,000 sub-feature for the issuance of letters of credit. Borrowings under the facility are at the discretion of the lender and would be used only for funding working capital requirements. The combination of borrowings and outstanding letters of credit cannot exceed $100,000,000 at any time. As of March 31, 2016 and December 31, 2015, the outstanding letters of credit were $9,501,000, and there were no borrowings on this facility. This facility expires on October 30, 2016. American National expects it will be renewed on substantially equivalent terms upon expiration. Guarantees American National has guaranteed bank loans for customers of a third-party marketing operation. The bank loans are used to fund premium payments on life insurance policies issued by American National. The loans are secured by the cash values of the life insurance policies. If the customer were to default on the bank loan, American National would be obligated to pay off the loans. As the cash values of the life insurance policies always equal or exceed the balance of the loans, management does not foresee any loss on these guarantees. The total amount of the guarantees outstanding as of March 31, 2016, was approximately $206,376,000, while the total cash value of the related life insurance policies was approximately $211,503,000. Litigation American National and certain subsidiaries, in common with the insurance industry in general, are defendants in various lawsuits concerning alleged breaches of contracts, various employment matters, allegedly deceptive insurance sales and marketing practices, and miscellaneous other causes of action arising in the ordinary course of operations. Certain of these lawsuits include claims for compensatory and punitive damages. We provide accruals for these items to the extent we deem the losses probable and reasonably estimable. After reviewing these matters with legal counsel, based upon information presently available, management is of the opinion that the ultimate resultant liability, if any, would not have a material adverse effect on American National’s consolidated financial position, liquidity or results of operations; however, assessing the eventual outcome of litigation necessarily involves forward-looking speculation as to judgments to be made by judges, juries and appellate courts in the future. Such speculation warrants caution, as the frequency of large damage awards, which bear little or no relation to the economic damages incurred by plaintiffs in some jurisdictions, continues to create the potential for an unpredictable judgment in any given lawsuit. These lawsuits are in various stages of development, and future facts and circumstances could result in management changing its conclusions. It is possible that, if the defenses in these lawsuits are not successful, and the judgments are greater than management can anticipate, the resulting liability could have a material impact on our consolidated financial position, liquidity or results of operations. With respect to the existing litigation, management currently believes that the possibility of a material judgment adverse to American National is remote and no estimate of range can be made for loss contingencies that are at least reasonably possible but not accrued.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Note 17 – Related Party Transactions American National has entered into recurring transactions and agreements with certain related parties. These include mortgage loans, management contracts, agency commission contracts, marketing agreements, accident and health insurance contracts, and legal services. The impact on the consolidated financial statements of significant related party transactions is shown below (in thousands): Dollar Amount of Transactions Amount due to (from) American National Three months ended March 31, March 31, December 31, Related Party Financial Statement Line Impacted 2016 2015 2016 2015 Gal-Tex Hotel Corporation Mortgage loan on real estate $ 347 $ 323 $ 4,835 $ 5,182 Gal-Tex Hotel Corporation Net investment income 92 116 29 31 Greer, Herz & Adams, LLP Other operating expenses 2,550 1,964 (418 ) (274 ) Mortgage Loans to Gal-Tex Hotel Corporation (“Gal-Tex”) Transactions with Greer, Herz & Adams, LLP

Summary of Significant Accoun25

Summary of Significant Accounting Policies and Practices (Policies)	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Basis of Accounting	The consolidated financial statements and notes thereto have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) and are reported in U.S. currency.
Consolidation Policy	American National consolidates entities that are wholly-owned and those in which American National owns less than 100% but controls, as well as variable interest entities in which American National is the primary beneficiary. Intercompany balances and transactions with consolidated entities have been eliminated. Investments in unconsolidated affiliates are accounted for using the equity method of accounting.
Reclassification Policy	Certain amounts in prior years have been reclassified to conform to current year presentation.
Use of Estimates	The preparation of the consolidated financial statements in conformity with GAAP requires the use of estimates and assumptions that affect the reported consolidated financial statement balances. Actual results could differ from those estimates.

Investment in Securities (Table

Investment in Securities (Tables)	3 Months Ended
	Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Investments in Securities	The cost or amortized cost and fair value of investments in securities are shown below (in thousands): March 31, 2016 Cost or Gross Unrealized Gross Unrealized Fair Value Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ 321,746 $ 27,475 $ (298 ) $ 348,923 Foreign governments 4,090 949 — 5,039 Corporate debt securities 6,958,916 360,442 (113,137 ) 7,206,221 Residential mortgage-backed securities 265,889 21,046 (734 ) 286,201 Collateralized debt securities 1,297 92 — 1,389 Other debt securities 15,335 212 — 15,547 Total bonds held-to-maturity 7,567,273 410,216 (114,169 ) 7,863,320 Fixed maturity securities, bonds available-for-sale U.S. treasury and government 24,221 813 (7 ) 25,027 U.S. states and political subdivisions 946,797 53,300 (240 ) 999,857 Foreign governments 5,000 1,918 — 6,918 Corporate debt securities 4,594,317 185,932 (68,981 ) 4,711,268 Residential mortgage-backed securities 23,377 2,412 (165 ) 25,624 Collateralized debt securities 7,163 909 (4 ) 8,068 Total bonds available-for-sale 5,600,875 245,284 (69,397 ) 5,776,762 Equity securities Common stock 787,663 717,630 (23,842 ) 1,481,451 Preferred stock 20,987 8,057 — 29,044 Total equity securities 808,650 725,687 (23,842 ) 1,510,495 Total investments in securities $ 13,976,798 $ 1,381,187 $ (207,408 ) $ 15,150,577 December 31, 2015 Cost or Gross Unrealized Gross Unrealized Fair Value Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ 324,643 $ 22,318 $ (444 ) $ 346,517 Foreign governments 4,101 867 — 4,968 Corporate debt securities 6,985,844 263,927 (158,101 ) 7,091,670 Residential mortgage-backed securities 277,135 18,351 (1,286 ) 294,200 Collateralized debt securities 1,924 100 — 2,024 Other debt securities 15,773 401 — 16,174 Total bonds held-to-maturity 7,609,420 305,964 (159,831 ) 7,755,553 Fixed maturity securities, bonds available-for-sale U.S. treasury and government 24,024 702 (34 ) 24,692 U.S. states and political subdivisions 933,958 39,808 (1,275 ) 972,491 Foreign governments 5,000 1,733 — 6,733 Corporate debt securities 4,431,765 120,471 (107,614 ) 4,444,622 Residential mortgage-backed securities 25,629 2,155 (420 ) 27,364 Collateralized debt securities 7,455 629 (70 ) 8,014 Total bonds available-for-sale 5,427,831 165,498 (109,413 ) 5,483,916 Equity securities Common stock 794,839 718,225 (22,035 ) 1,491,029 Preferred stock 15,987 7,964 (1 ) 23,950 Total equity securities 810,826 726,189 (22,036 ) 1,514,979 Total investments in securities $ 13,848,077 $ 1,197,651 $ (291,280 ) $ 14,754,448
Maturities of Investments	The amortized cost and fair value, by contractual maturity, of fixed maturity securities are shown below (in thousands): March 31, 2016 Bonds Held-to-Maturity Bonds Available-for-Sale Amortized Cost Fair Value Amortized Cost Fair Value Due in one year or less $ 301,205 $ 307,473 $ 223,697 $ 224,443 Due after one year through five years 3,097,258 3,297,275 1,318,208 1,393,884 Due after five years through ten years 3,937,641 4,014,344 3,466,832 3,535,364 Due after ten years 225,319 239,203 587,138 618,208 Without single maturity date 5,850 5,025 5,000 4,863 Total $ 7,567,273 $ 7,863,320 $ 5,600,875 $ 5,776,762
Proceeds from Available for Sale Securities and Realized Gain Loss	Proceeds from sales of available-for-sale securities, with the related gross realized gains and losses, are shown below (in thousands): Three months ended March 31, 2016 2015 Proceeds from sales of available-for-sale securities $ 15,705 $ 15,582 Gross realized gains 5,067 6,783 Gross realized losses 124 —
Change in Net Unrealized Gains (Losses) on Available-for-Sale Securities	The components of the change in net unrealized gains (losses) on securities are shown below (in thousands): Three months ended March 31, 2016 2015 Bonds available-for-sale $ 119,802 $ 47,093 Equity securities (2,308 ) (12,435 ) Change in net unrealized gains on securities during the year 117,494 34,658 Adjustments for Deferred policy acquisition costs (31,463 ) (14,048 ) Participating policyholders’ interest (6,012 ) (2,882 ) Deferred federal income tax expense (28,046 ) (9,892 ) Change in net unrealized gains on securities, net of tax $ 51,973 $ 7,836
Gross Unrealized Losses and Fair Value of Investment Securities	The gross unrealized losses and fair value of the investment securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are shown below (in thousands): March 31, 2016 Less than 12 months 12 Months or more Total Unrealized Fair Value Unrealized Fair Value Unrealized Fair Value Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ (298 ) $ 4,074 $ — $ — $ (298 ) $ 4,074 Corporate debt securities (57,810 ) 750,427 (55,327 ) 332,409 (113,137 ) 1,082,836 Residential mortgage-backed securities (37 ) 7,444 (697 ) 14,030 (734 ) 21,474 Total bonds held-to-maturity (58,145 ) 761,945 (56,024 ) 346,439 (114,169 ) 1,108,384 Fixed maturity securities, bonds available-for-sale U.S. treasury and government (7 ) 9,507 — — (7 ) 9,507 U.S. states and political subdivisions (234 ) 6,800 (6 ) 2,090 (240 ) 8,890 Corporate debt securities (47,354 ) 756,561 (21,627 ) 157,966 (68,981 ) 914,527 Residential mortgage-backed securities (10 ) 1,745 (155 ) 4,787 (165 ) 6,532 Collateralized debt securities — 51 (4 ) 217 (4 ) 268 Total bonds available-for-sale (47,605 ) 774,664 (21,792 ) 165,060 (69,397 ) 939,724 Equity securities Common stock (23,842 ) 132,434 — — (23,842 ) 132,434 Preferred stock — — — — — — Total equity securities (23,842 ) 132,434 — — (23,842 ) 132,434 Total $ (129,592 ) $ 1,669,043 $ (77,816 ) $ 511,499 $ (207,408 ) $ 2,180,542 December 31, 2015 Less than 12 months 12 Months or more Total Unrealized Fair Value Unrealized Fair Value Unrealized Fair Value Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ (444 ) $ 19,412 $ — $ — $ (444 ) $ 19,412 Corporate debt securities (93,285 ) 1,912,178 (64,816 ) 283,469 (158,101 ) 2,195,647 Residential mortgage-backed securities (449 ) 21,275 (837 ) 14,721 (1,286 ) 35,996 Total bonds held-to-maturity (94,178 ) 1,952,865 (65,653 ) 298,190 (159,831 ) 2,251,055 Fixed maturity securities, bonds available-for-sale U.S. treasury and government (34 ) 18,802 — — (34 ) 18,802 U.S. states and political subdivisions (1,223 ) 80,807 (52 ) 2,569 (1,275 ) 83,376 Corporate debt securities (81,638 ) 1,796,357 (25,976 ) 90,784 (107,614 ) 1,887,141 Residential mortgage-backed securities (228 ) 15,273 (192 ) 4,984 (420 ) 20,257 Collateralized debt securities (66 ) 2,115 (4 ) 253 (70 ) 2,368 Total bonds available-for-sale (83,189 ) 1,913,354 (26,224 ) 98,590 (109,413 ) 2,011,944 Equity securities Common stock (22,035 ) 136,694 — — (22,035 ) 136,694 Preferred stock — — (1 ) — (1 ) — Total equity securities (22,035 ) 136,694 (1 ) — (22,036 ) 136,694 Total $ (199,402 ) $ 4,002,913 $ (91,878 ) $ 396,780 $ (291,280 ) $ 4,399,693
Bond by Credit Quality Rating Distribution	Bonds distributed by credit quality rating, using both Standard & Poor’s and Moody’s ratings, are shown below: March 31, 2016 December 31, 2015 AAA 5.4 % 5.4 % AA 11.7 12.0 A 35.5 36.5 BBB 44.3 43.3 BB and below 3.1 2.8 Total 100.0 % 100.0 %
Equity Securities by Market Sector Distribution	Equity securities by market sector distribution are shown below: March 31, 2016 December 31, 2015 Consumer goods 21.5 % 20.5 % Energy and utilities 10.4 10.3 Finance 19.2 20.0 Healthcare 13.5 14.6 Industrials 8.5 8.2 Information technology 18.1 17.8 Other 8.8 8.6 Total 100.0 % 100.0 %

Mortgage Loans (Tables)

Mortgage Loans (Tables)	3 Months Ended
	Mar. 31, 2016
Receivables [Abstract]
Distribution Based on Carrying Amount of Mortgage Loans by Location	The distribution based on carrying amount of mortgage loans by location are as follows: March 31, 2016 December 31, 2015 East North Central 18.7 % 18.8 % East South Central 4.9 4.8 Mountain 11.7 11.6 Pacific 13.4 10.7 South Atlantic 17.2 18.8 West South Central 28.7 29.0 Other 5.4 6.3 Total 100.0 % 100.0 %
Age Analysis of Past Due Loans	The age analysis of past due loans is shown below (in thousands): 30-59 Days 60-89 Days More Than Total Past Due Past Due 90 Days Total Current Amount Percent March 31, 2016 Industrial $ — $ — $ — $ — $ 778,077 $ 778,077 21.0 Office 6,406 — 2,450 8,856 1,259,282 1,268,138 34.2 Retail — — — — 583,408 583,408 15.7 Other — — — — 1,074,991 1,074,991 29.1 Total $ 6,406 $ — $ 2,450 $ 8,856 $ 3,695,758 $ 3,704,614 100.0 Allowance for loan losses (11,403 ) Total, net of allowance $ 3,693,211 December 31, 2015 Industrial $ — $ — $ — $ — $ 704,426 $ 704,426 20.1 Office — 5,883 2,450 8,333 1,252,484 1,260,817 36.1 Retail 19,088 — — 19,088 583,810 602,898 17.2 Other — — — — 928,034 928,034 26.6 Total $ 19,088 $ 5,883 $ 2,450 $ 27,421 $ 3,468,754 $ 3,496,175 100.0 Allowance for loan losses (12,895 ) Total, net of allowance $ 3,483,280
Change in Allowance for Credit Losses in Mortgage Loans	The change in allowance for credit losses in mortgage loans is shown below (in thousands): Three months ended March 31, Collectively Individually Evaluated Evaluated for Impairment for Impairment Beginning balance 2016 $ 10,716 $ 2,179 Change in allowance 194 (1,686 ) Ending balance 2016 $ 10,910 $ 493
Loans Individually Evaluated for Impairment With and Without Allowance Recorded	Loans individually evaluated for impairment with and without an allowance recorded are shown below (in thousands): Three months ended March 31, 2016 2015 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized With an allowance Office $ — $ — $ 9,979 $ 209 Industrial — — 1,100 37 Total $ — $ — $ 11,079 $ 246 Without an allowance Office $ 28,952 $ 457 $ 20,996 $ 341 Total $ 28,952 $ 457 $ 20,996 $ 341 March 31, 2016 December 31, 2015 Unpaid Unpaid Recorded Principal Recorded Principal Investment Balance Investment Balance With an allowance Office $ — $ — $ 16,168 $ 17,855 Total $ — $ — $ 16,168 $ 17,855 Without an allowance Office $ 28,813 $ 28,813 $ 29,091 $ 29,091 Retail — — 8,705 8,705 Total $ 28,813 $ 28,813 $ 37,796 $ 37,796

Investment Real Estate (Tables)

Investment Real Estate (Tables)	3 Months Ended
	Mar. 31, 2016
Real Estate [Abstract]
Investment Real Estate by Property-Type and Geographic Distribution	Investment real estate by property-type and geographic distribution are as follows: March 31, 2016 December 31, 2015 Industrial 9.7 % 10.9 % Office 38.0 38.1 Retail 37.7 37.0 Other 14.6 14.0 Total 100.0 % 100.0 % March 31, 2016 December 31, 2015 East North Central 7.3 % 11.4 % East South Central 3.6 3.6 Mountain 12.4 12.6 Pacific 5.7 5.6 South Atlantic 14.1 10.1 West South Central 51.0 50.7 Other 5.9 6.0 Total 100.0 % 100.0 %
Assets and Liabilities Related to VIEs	The assets and liabilities relating to the VIEs included in the consolidated financial statements are as follows (in thousands): March 31, 2016 December 31, 2015 Investment real estate $ 173,244 $ 174,264 Short-term investments 1 1 Cash and cash equivalents 3,842 3,855 Accrued investment income — 557 Other receivables 6,812 8,101 Other assets 10,093 8,210 Total assets of consolidated VIEs $ 193,992 $ 194,988 Notes payable $ 135,975 $ 128,436 Other liabilities 16,425 19,436 Total liabilities of consolidated VIEs $ 152,400 $ 147,872
Carrying Amount and Maximum Exposure to Loss Related to VIEs	The carrying amount and maximum exposure to loss relating to unconsolidated VIEs follows (in thousands): March 31, 2016 December 31, 2015 Carrying Maximum Carrying Maximum Investment in unconsolidated affiliates $ 240,681 $ 240,681 $ 236,816 $ 236,816 Mortgage loans 317,530 317,530 212,228 212,228 Accrued investment income 1,172 1,172 661 661

Derivative Instruments (Tables)

Derivative Instruments (Tables)	3 Months Ended
	Mar. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments Reported in Financial Position	The detail of derivative instruments is shown below (in thousands, except number of instruments): Derivatives Not Designated as Hedging Instruments Location in the Consolidated Statements of Financial Position March 31, 2016 December 31, 2015 Number of Notional Estimated Fair Value Number of Notional Estimated Fair Value Equity-indexed options Other invested assets 422 $ 1,242,000 $ 123,761 419 $ 1,200,600 $ 123,007 Equity-indexed embedded derivative Policyholders’ account balances 54,091 1,122,600 258,267 51,815 1,067,600 242,412
Schedule of Derivative Instruments Reported in Statements of Operations	Derivatives Not Designated as Hedging Instruments Location in the Consolidated Statements of Operations Gains (Losses) Recognized in Income on Derivatives Three months ended March 31, 2016 2015 Equity-indexed options Net investment income $ (3,639 ) $ 1,131 Equity-indexed embedded derivative Interest credited to policyholders’ account balances 2,552 (1,196 )

Net Investment Income and Rea30

Net Investment Income and Realized Investment Gains (Losses) (Tables)	3 Months Ended
	Mar. 31, 2016
Text Block [Abstract]
Summary of Net Investment Income	Net investment income is shown below (in thousands): Three months ended March 31, 2016 2015 Bonds $ 140,193 $ 143,741 Equity securities 9,279 8,467 Mortgage loans 48,002 49,499 Real estate (1,874 ) (1,753 ) Options (3,639 ) 1,131 Other invested assets 4,093 8,128 Total $ 196,054 $ 209,213
Summary of Realized Investment Gains (Losses)	Realized investment gains (losses) are shown below (in thousands): Three months ended March 31, 2016 2015 Bonds $ 2,739 $ 1,298 Equity securities 4,865 28,627 Mortgage loans 1,492 (524 ) Real estate — 9,911 Other invested assets (34 ) (10 ) Total $ 9,062 $ 39,302
Summary of Other Than Temporary Impairment Losses	Other-than-temporary impairment losses are shown below (in thousands): Three months ended March 31, 2016 2015 Equity securities (3,476 ) (25 ) Total $ (3,476 ) $ (25 )

Fair Value of Financial Instr31

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Carrying Amount and Fair Value of Financial Instruments	The carrying amount and fair value of financial instruments are shown below (in thousands): March 31, 2016 December 31, 2015 Carrying Carrying Amount Fair Value Amount Fair Value Financial assets Fixed maturity securities, bonds held-to-maturity $ 7,567,273 $ 7,863,320 $ 7,609,420 $ 7,755,553 Fixed maturity securities, bonds available-for-sale 5,776,762 5,776,762 5,483,916 5,483,916 Equity securities 1,510,495 1,510,495 1,514,979 1,514,979 Equity-indexed options 123,761 123,761 123,007 123,007 Mortgage loans on real estate, net of allowance 3,693,211 3,772,509 3,483,280 3,621,978 Policy loans 405,604 405,604 407,491 407,491 Short-term investments 312,306 312,306 460,612 460,612 Separate account assets 899,750 899,750 918,446 918,446 Total financial assets $ 20,289,162 $ 20,664,507 $ 20,001,151 $ 20,285,982 Financial liabilities Investment contracts $ 8,825,987 $ 8,825,987 $ 8,787,376 $ 8,787,376 Embedded derivative liability for equity-indexed contracts 258,267 258,267 242,412 242,412 Notes payable 135,975 135,975 128,436 128,436 Separate account liabilities 899,750 899,750 918,446 918,446 Total financial liabilities $ 10,119,979 $ 10,119,979 $ 10,076,670 $ 10,076,670
Quantitative Disclosures Regarding Fair Value Hierarchy Measurements	The fair value hierarchy measurements of the financial instruments are shown below (in thousands): Fair Value Measurement as of March 31, 2016 Total Fair Value Level 1 Level 2 Level 3 Financial assets Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ 348,923 $ — $ 348,923 $ — Foreign governments 5,039 — 5,039 — Corporate debt securities 7,206,221 — 7,125,502 80,719 Residential mortgage-backed securities 286,201 — 285,274 927 Collateralized debt securities 1,389 — — 1,389 Other debt securities 15,547 — 12,222 3,325 Total bonds held-to-maturity 7,863,320 — 7,776,960 86,360 Fixed maturity securities, bonds available-for-sale U.S. treasury and government 25,027 — 25,027 — U.S. states and political subdivisions 999,857 — 997,377 2,480 Foreign governments 6,918 — 6,918 — Corporate debt securities 4,711,268 — 4,696,574 14,694 Residential mortgage-backed securities 25,624 — 23,138 2,486 Collateralized debt securities 8,068 — 6,039 2,029 Total bonds available-for-sale 5,776,762 — 5,755,073 21,689 Equity securities Common stock 1,481,451 1,481,451 — — Preferred stock 29,044 29,044 — — Total equity securities 1,510,495 1,510,495 — — Options 123,761 — — 123,761 Mortgage loans on real estate 3,772,509 — 3,772,509 — Policy loans 405,604 — — 405,604 Short-term investments 312,306 — 312,306 — Separate account assets 899,750 — 899,750 — Total financial assets $ 20,664,507 $ 1,510,495 $ 18,516,598 $ 637,414 Financial liabilities Investment contracts $ 8,825,987 $ — $ — $ 8,825,987 Embedded derivative liability for equity-indexed contracts 258,267 — — 258,267 Notes payable 135,975 — — 135,975 Separate account liabilities 899,750 — 899,750 — Total financial liabilities $ 10,119,979 $ — $ 899,750 $ 9,220,229 Fair Value Measurement as of December 31, 2015 Total Fair Value Level 1 Level 2 Level 3 Financial assets Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ 346,517 $ — $ 346,517 $ — Foreign governments 4,968 — 4,968 — Corporate debt securities 7,091,670 — 7,010,165 81,505 Residential mortgage-backed securities 294,200 — 293,267 933 Collateralized debt securities 2,024 — 2,024 — Other debt securities 16,174 — 12,355 3,819 Total bonds held-to-maturity 7,755,553 — 7,669,296 86,257 Fixed maturity securities, bonds available-for-sale U.S. treasury and government 24,692 — 24,692 — U.S. states and political subdivisions 972,491 — 969,996 2,495 Foreign governments 6,733 — 6,733 — Corporate debt securities 4,444,622 — 4,431,263 13,359 Residential mortgage-backed securities 27,364 — 24,958 2,406 Collateralized debt securities 8,014 — 6,144 1,870 Total bonds available-for-sale 5,483,916 — 5,463,786 20,130 Equity securities Common stock 1,491,029 1,491,029 — — Preferred stock 23,950 23,950 — — Total equity securities 1,514,979 1,514,979 — — Options 123,007 — — 123,007 Mortgage loans on real estate 3,621,978 — 3,621,978 — Policy loans 407,491 — — 407,491 Short-term investments 460,612 — 460,612 — Separate account assets 918,446 — 918,446 — Total financial assets $ 20,285,982 $ 1,514,979 $ 18,134,118 $ 636,885 Financial liabilities Investment contracts $ 8,787,376 $ — $ — $ 8,787,376 Embedded derivative liability for equity-indexed contracts 242,412 — — 242,412 Notes payable 128,436 — — 128,436 Separate account liabilities 918,446 — 918,446 — Total financial liabilities $ 10,076,670 $ — $ 918,446 $ 9,158,224
Financial Instruments Measured at Fair Value on Recurring Basis Using (Level 3) Inputs	For financial instruments measured at fair value on a recurring basis using Level 3 inputs during the period, a reconciliation of the beginning and ending balances is shown below (in thousands): Level 3 Three months ended March 31, Assets Liability Investment Equity-Indexed Embedded Securities Options Derivative Beginning balance, 2016 $ 20,130 $ 123,007 $ 242,412 Total realized and unrealized investment gains (losses) included in other comprehensive income 159 — — Net fair value change included in realized gains (losses) — — — Net gain (loss) for derivatives included in net investment income — (3,639 ) — Net change included in interest credited — — (2,552 ) Purchases, sales and settlements or maturities Purchases — 5,293 — Sales — — — Settlements or maturities (13 ) (900 ) — Premiums less benefits — — 18,407 Gross transfers into Level 3 1,413 — — Gross transfers out of Level 3 — — — Ending balance March 31, 2016 $ 21,689 $ 123,761 $ 258,267 Beginning balance, 2015 $ 64,433 $ 189,449 $ 208,187 Total realized and unrealized investment gains (losses) included in other comprehensive income 937 — — Net fair value change included in realized gains (losses) — — — Net gain (loss) for derivatives included in net investment income — (743 ) — Net change included in interest credited — — 1,196 Purchases, sales and settlements or maturities Purchases — 3,763 — Sales (61 ) — — Settlements or maturities (10 ) (4,463 ) — Premiums less benefits — — (971 ) Gross transfers into Level 3 — — — Gross transfers out of Level 3 — — — Ending balance March 31, 2015 $ 65,299 $ 188,006 $ 208,412

Deferred Policy Acquisition C32

Deferred Policy Acquisition Costs (Tables)	3 Months Ended
	Mar. 31, 2016
Insurance [Abstract]
Deferred Policy Acquisition Costs	Deferred policy acquisition costs are shown below (in thousands): Accident Property Life Annuity & Health & Casualty Total Beginning balance, 2016 $ 756,023 $ 411,206 $ 44,390 $ 113,050 $ 1,324,669 Additions 25,217 20,946 3,980 64,214 114,357 Amortization (22,171 ) (17,023 ) (5,553 ) (65,017 ) (109,764 ) Effect of change in unrealized gains on available-for-sale securities (6,294 ) (25,169 ) — — (31,463 ) Net change (3,248 ) (21,246 ) (1,573 ) (803 ) (26,870 ) Ending balance at March 31, 2016 $ 752,775 $ 389,960 $ 42,817 $ 112,247 $ 1,297,799

Liability for Unpaid Claims a33

Liability for Unpaid Claims and Claim Adjustment Expenses (Tables)	3 Months Ended
	Mar. 31, 2016
Insurance [Abstract]
Liability for Unpaid Claims and Claim Adjustment Expenses	Information regarding the liability for unpaid claims is shown below (in thousands): Three months ended March 31, 2016 2015 Unpaid claims balance, beginning $ 1,104,302 $ 1,132,394 Less reinsurance recoverables 217,337 245,906 Net beginning balance 886,965 886,488 Incurred related to Current 252,781 239,128 Prior years (7,806 ) (12,100 ) Total incurred claims 244,975 227,028 Paid claims related to Current 101,995 98,382 Prior years 129,200 124,534 Total paid claims 231,195 222,916 Net balance 900,745 890,600 Plus reinsurance recoverables 202,386 236,370 Unpaid claims balance, ending $ 1,103,131 $ 1,126,970

Federal Income Taxes (Tables)

Federal Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Effective Income Tax Reconciliation	A reconciliation of the effective tax rate to the statutory federal tax rate is shown below (in thousands, except percentages): Three months ended March 31, 2016 2015 Amount Rate Amount Rate Income tax on pre-tax income $ 8,556 35.0 % $ 51,780 35.0 % Tax-exempt investment income (1,972 ) (8.1 ) (1,879 ) (1.3 ) Tax-exempt restructuring (10,167 ) (41.6 ) — — Dividend exclusion (2,347 ) (9.6 ) (2,083 ) (1.4 ) Miscellaneous tax credits, net (2,251 ) (9.2 ) (1,931 ) (1.3 ) Low income housing tax credit expense 1,294 5.3 1,264 0.9 Interest expense 2,560 10.5 — — Other items, net 257 1.0 (1,461 ) (1.0 ) Total $ (4,070 ) (16.7 )% $ 45,690 30.9 %

Accumulated Other Comprehensi35

Accumulated Other Comprehensive Income (Tables)	3 Months Ended
	Mar. 31, 2016
Equity [Abstract]
Components of Other Comprehensive Income (Loss)	The components of and changes in the accumulated other comprehensive income (“AOCI”), and the related tax effects, are shown below (in thousands): Net Unrealized Gains (Losses) on Securities Defined Foreign AOCI Beginning balance, 2016 $ 453,434 $ (97,889 ) $ (2,925 ) $ 352,620 Amounts reclassified from AOCI (net of tax expense $5,496 and expense $1,012) 10,208 1,879 — 12,087 Unrealized holding gains arising during the period (net of tax expense $35,626) 66,164 — — 66,164 Unrealized adjustment to DAC (net of tax benefit $10,972) (20,491 ) — — (20,491 ) Unrealized losses on investments attributable to participating policyholders’ interest (net of tax benefit $2,104) (3,908 ) — — (3,908 ) Foreign currency adjustment (net of tax benefit $6) — — (12 ) (12 ) Ending balance at March 31, 2016 $ 505,407 $ (96,010 ) $ (2,937 ) $ 406,460 Beginning balance, 2015 568,151 (76,074 ) (1,295 ) 490,782 Amounts reclassified from AOCI (net of tax benefit $7,502 and expense $777) (21,184 ) 1,443 — (19,741 ) Unrealized holding gains arising during the period (net of tax expense $23,320) 40,024 — — 40,024 Unrealized adjustment to DAC (net of tax benefit $4,917) (9,131 ) — — (9,131 ) Unrealized losses on investments attributable to participating policyholders’ interest (net of tax benefit $1,009) (1,873 ) — — (1,873 ) Foreign currency adjustment (net of tax benefit $990) — — (1,838 ) (1,838 ) Ending balance at March 31, 2015 $ 575,987 $ (74,631 ) $ (3,133 ) $ 498,223

Stockholders' Equity and Nonc36

Stockholders' Equity and Noncontrolling Interests (Tables)	3 Months Ended
	Mar. 31, 2016
Equity [Abstract]
Common Stock, Amounts Outstanding	The amounts outstanding at the dates indicated are shown below: March 31, 2016 December 31, 2015 Common stock Shares issued 30,832,449 30,832,449 Treasury shares (3,918,231 ) (3,937,993 ) Outstanding shares 26,914,218 26,894,456 Restricted shares (76,000 ) (76,000 ) Unrestricted outstanding shares 26,838,218 26,818,456
Stock-Based Compensation Information	SAR, RS and RSU information for the periods indicated are shown below: SAR RS Shares RS Units Shares Weighted-Average Fair Value Shares Weighted-Average Fair Value Units Weighted-Average Fair Value Outstanding at December 31, 2015 38,092 $ 115.18 76,000 $ 110.73 135,725 $ 103.73 Granted — — — — 36,849 103.58 Exercised (1,267 ) 96.31 — — (65,734 ) 99.99 Forfeited — — — — (182 ) 105.75 Expired (4,200 ) 116.48 — — — — Outstanding at March 31, 2016 32,625 $ 115.74 76,000 $ 110.73 106,658 $ 105.98 SAR RS Shares RS Units Weighted-average contractual remaining life (in years) 1.06 3.34 2.13 Exercisable shares 32,625 N/A N/A Weighted-average exercise price $ 115.74 $ 110.73 $ 105.98 Weighted-average exercise price exercisable shares 115.74 N/A N/A Compensation expense (credit) Three months ended March 31, 2016 $ 33,000 $ 210,000 $ 4,102,000 Three months ended March 31, 2015 (77,000 ) 377,000 3,180,000 Fair value of liability award March 31, 2016 $ 67,000 N/A $ 20,823,000 December 31, 2015 37,000 N/A 19,415,000
Summary of Basic and Diluted Earnings Per Share	Diluted earnings per share include RS and RSU award shares. Three months ended March 31, 2016 2015 Weighted average shares outstanding 26,909,511 26,818,215 Incremental shares from RS awards and RSUs 56,456 146,135 Total shares for diluted calculations 26,965,967 26,964,350 Net income attributable to American National (in thousands) $ 29,316 $ 102,982 Basic earnings per share $ 1.09 $ 3.84 Diluted earnings per share 1.09 3.82
Statutory Capital and Surplus and Net Income of Insurance Entities in Accordance with Statutory Accounting Practices	The statutory capital and surplus and net income of our life and property and casualty insurance entities in accordance with statutory accounting practices are shown below (in thousands): March 31, 2016 December 31, 2015 Statutory capital and surplus Life insurance entities $ 1,893,485 $ 1,900,939 Property and casualty insurance entities 1,036,577 1,033,942 Three months ended March 31, 2016 2015 Statutory net income Life insurance entities $ 3,927 $ 46,094 Property and casualty insurance entities 4,548 15,048

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Summary of Results of Operations Measured as Income Before Federal Income Taxes and Equity in Earnings of Unconsolidated Affiliates by Operating Segments	The following summarizes the results of operations measured as the income before federal income taxes, and equity in earnings of unconsolidated affiliates by operating segments (in thousands): Three months ended March 31, 2016 2015 Life $ (3,481 ) $ 8,199 Annuity 17,971 17,113 Health (634 ) 7,543 Property and Casualty 6,990 10,222 Corporate and Other 2,662 48,282 Total $ 23,508 $ 91,359

Related Party Transactions (Tab

Related Party Transactions (Tables)	3 Months Ended
	Mar. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	The impact on the consolidated financial statements of significant related party transactions is shown below (in thousands): Dollar Amount of Transactions Amount due to (from) American National Three months ended March 31, March 31, December 31, Related Party Financial Statement Line Impacted 2016 2015 2016 2015 Gal-Tex Hotel Corporation Mortgage loan on real estate $ 347 $ 323 $ 4,835 $ 5,182 Gal-Tex Hotel Corporation Net investment income 92 116 29 31 Greer, Herz & Adams, LLP Other operating expenses 2,550 1,964 (418 ) (274 )

Nature of Operations - Addition

Nature of Operations - Additional Information (Detail)	Mar. 31, 2016State
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of states	50

Summary of Significant Accoun40

Summary of Significant Accounting Policies and Practices - Additional Information (Detail)	Mar. 31, 2016
Maximum [Member]
Schedule Of Significant Accounting Policies [Line Items]
Entity ownership percentage	100.00%

Investments in Securities - Inv

Investments in Securities - Investments in Securities (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	$ 7,567,273	$ 7,609,420
Held-to-maturity securities, Gross Unrealized Gains	410,216	305,964
Held-to-maturity securities, Gross Unrealized (Losses)	(114,169)	(159,831)
Held-to-maturity securities, Fair Value	7,863,320	7,755,553
Available-for-sale debt securities, Cost or Amortized Cost	5,600,875	5,427,831
Available-for-sale debt securities, Gross Unrealized Gains	245,284	165,498
Available-for-sale debt securities, Gross Unrealized (Losses)	(69,397)	(109,413)
Available-for-sale debt securities, Fair Value	5,776,762	5,483,916
Available-for-sale equity securities, Cost or Amortized Cost	808,650	810,826
Available-for-sale equity securities, Gross Unrealized Gains	725,687	726,189
Available-for-sale equity securities, Gross Unrealized (Losses)	(23,842)	(22,036)
Available-for-sale equity securities, Fair Value	1,510,495	1,514,979
Investments in securities, Cost or Amortized cost	13,976,798	13,848,077
Investments in securities, Gross Unrealized Gains	1,381,187	1,197,651
Investments in securities, Gross Unrealized (Losses)	(207,408)	(291,280)
Investments in securities, Fair Value	15,150,577	14,754,448
Foreign Governments [Member]
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	4,090	4,101
Held-to-maturity securities, Gross Unrealized Gains	949	867
Held-to-maturity securities, Fair Value	5,039	4,968
Available-for-sale debt securities, Cost or Amortized Cost	5,000	5,000
Available-for-sale debt securities, Gross Unrealized Gains	1,918	1,733
Available-for-sale debt securities, Fair Value	6,918	6,733
Corporate Debt Securities [Member]
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	6,958,916	6,985,844
Held-to-maturity securities, Gross Unrealized Gains	360,442	263,927
Held-to-maturity securities, Gross Unrealized (Losses)	(113,137)	(158,101)
Held-to-maturity securities, Fair Value	7,206,221	7,091,670
Available-for-sale debt securities, Cost or Amortized Cost	4,594,317	4,431,765
Available-for-sale debt securities, Gross Unrealized Gains	185,932	120,471
Available-for-sale debt securities, Gross Unrealized (Losses)	(68,981)	(107,614)
Available-for-sale debt securities, Fair Value	4,711,268	4,444,622
Preferred Stock [Member]
Investment [Line Items]
Available-for-sale equity securities, Cost or Amortized Cost	20,987	15,987
Available-for-sale equity securities, Gross Unrealized Gains	8,057	7,964
Available-for-sale equity securities, Gross Unrealized (Losses)		(1)
Available-for-sale equity securities, Fair Value	29,044	23,950
Common Stock [Member]
Investment [Line Items]
Available-for-sale equity securities, Cost or Amortized Cost	787,663	794,839
Available-for-sale equity securities, Gross Unrealized Gains	717,630	718,225
Available-for-sale equity securities, Gross Unrealized (Losses)	(23,842)	(22,035)
Available-for-sale equity securities, Fair Value	1,481,451	1,491,029
U.S. Treasury and Government [Member]
Investment [Line Items]
Available-for-sale debt securities, Cost or Amortized Cost	24,221	24,024
Available-for-sale debt securities, Gross Unrealized Gains	813	702
Available-for-sale debt securities, Gross Unrealized (Losses)	(7)	(34)
Available-for-sale debt securities, Fair Value	25,027	24,692
U.S. States and Political Subdivisions [Member]
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	321,746	324,643
Held-to-maturity securities, Gross Unrealized Gains	27,475	22,318
Held-to-maturity securities, Gross Unrealized (Losses)	(298)	(444)
Held-to-maturity securities, Fair Value	348,923	346,517
Available-for-sale debt securities, Cost or Amortized Cost	946,797	933,958
Available-for-sale debt securities, Gross Unrealized Gains	53,300	39,808
Available-for-sale debt securities, Gross Unrealized (Losses)	(240)	(1,275)
Available-for-sale debt securities, Fair Value	999,857	972,491
Residential Mortgage-Backed Securities [Member]
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	265,889	277,135
Held-to-maturity securities, Gross Unrealized Gains	21,046	18,351
Held-to-maturity securities, Gross Unrealized (Losses)	(734)	(1,286)
Held-to-maturity securities, Fair Value	286,201	294,200
Available-for-sale debt securities, Cost or Amortized Cost	23,377	25,629
Available-for-sale debt securities, Gross Unrealized Gains	2,412	2,155
Available-for-sale debt securities, Gross Unrealized (Losses)	(165)	(420)
Available-for-sale debt securities, Fair Value	25,624	27,364
Collateralized Debt Securities [Member]
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	1,297	1,924
Held-to-maturity securities, Gross Unrealized Gains	92	100
Held-to-maturity securities, Fair Value	1,389	2,024
Available-for-sale debt securities, Cost or Amortized Cost	7,163	7,455
Available-for-sale debt securities, Gross Unrealized Gains	909	629
Available-for-sale debt securities, Gross Unrealized (Losses)	(4)	(70)
Available-for-sale debt securities, Fair Value	8,068	8,014
Other Debt Securities [Member]
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	15,335	15,773
Held-to-maturity securities, Gross Unrealized Gains	212	401
Held-to-maturity securities, Fair Value	$ 15,547	$ 16,174

Investments in Securities - Mat

Investments in Securities - Maturities of Investments (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Available-for-sale Securities and Held-to-maturity Securities [Abstract]
Bonds Held-to-Maturity, Amortized Cost, Due in one year or less	$ 301,205
Bonds Held-to-Maturity, Amortized Cost, Due after one year through five years	3,097,258
Bonds Held-to-Maturity, Amortized Cost, Due after five years through ten years	3,937,641
Bonds Held-to-Maturity, Amortized Cost, Due after ten years	225,319
Bonds Held-to-Maturity, Amortized Cost, Without single maturity date	5,850
Held-to-maturity securities, Cost or Amortized Cost	7,567,273	$ 7,609,420
Bonds Held-to-Maturity, Fair Value, Due in one year or less	307,473
Bonds Held-to-Maturity, Fair Value, Due after one year through five years	3,297,275
Bonds Held-to-Maturity, Fair Value, Due after five years through ten years	4,014,344
Bonds Held-to-Maturity, Fair Value, Due after ten years	239,203
Bonds Held-to-Maturity, Fair Value, Without single maturity date	5,025
Held-to-maturity securities, Fair Value	7,863,320	7,755,553
Bonds Available-for-Sale, Amortized Cost, Due in one year or less	223,697
Bonds Available-for-Sale, Amortized Cost, Due after one year through five years	1,318,208
Bonds Available-for-Sale, Amortized Cost, Due after five years through ten years	3,466,832
Bonds Available-for-Sale, Amortized Cost, Due after ten years	587,138
Bonds Available-for-Sale, Amortized Cost, Without single maturity date	5,000
Bonds Available-for-Sale, Amortized Cost	5,600,875	5,427,831
Bonds Available-for-Sale, Fair Value, Due in one year or less	224,443
Bonds Available-for-Sale, Fair Value, Due after one year through five years	1,393,884
Bonds Available-for-Sale, Fair Value, Due after five years through ten years	3,535,364
Bonds Available-for-Sale, Fair Value, Due after ten years	618,208
Bonds Available-for-Sale, Fair Value, Without single maturity date	4,863
Available-for-sale debt securities, Fair Value	$ 5,776,762	$ 5,483,916

Investments in Securities - Pro

Investments in Securities - Proceeds from Available for Sale Securities and Realized Gain Loss (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Available-for-sale Securities, Gross Realized Gain (Loss), Disclosures [Abstract]
Proceeds from sales of available-for-sale securities	$ 15,705	$ 15,582
Gross realized gains	5,067	$ 6,783
Gross realized losses	$ 124

Investments in Securities - Add

Investments in Securities - Additional Information (Detail) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Available-for-sale Securities and Held-to-maturity Securities [Abstract]
Securities transferred from held-to-maturity to available-for-sale	$ 0	$ 0

Investments in Securities - Cha

Investments in Securities - Change in Net Unrealized Gains (Losses) on Available-for-Sale Securities (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Change in net unrealized gains on securities during the year	$ 117,494	$ 34,658
Adjustments for
Deferred policy acquisition costs	(31,463)	(14,048)
Participating policyholders' interest	(6,012)	(2,882)
Deferred federal income tax expense	(28,046)	(9,892)
Change in net unrealized gains on securities, net of tax	51,973	7,836
Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Change in net unrealized gains on securities during the year	119,802	47,093
Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Change in net unrealized gains on securities during the year	$ (2,308)	$ (12,435)

Investments in Securities - Gro

Investments in Securities - Gross Unrealized Losses and Fair Value of Investment Securities (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Investment [Line Items]
Bonds held-to-maturity, Less than 12 months, Unrealized (Losses)	$ (58,145)	$ (94,178)
Bonds held-to-maturity, Less than 12 months, Fair Value	761,945	1,952,865
Bonds held-to-maturity, 12 months or more, Unrealized (Losses)	(56,024)	(65,653)
Bonds held-to-maturity, 12 months or more, Fair Value	346,439	298,190
Bonds held-to-maturity, Total, Unrealized (Losses)	(114,169)	(159,831)
Bonds held-to-maturity, Total, Fair Value	1,108,384	2,251,055
Available-for-sale securities, Less than 12 months, Unrealized (Losses)	(47,605)	(83,189)
Available-for-sale securities, Less than 12 months, Fair Value	774,664	1,913,354
Available-for-sale securities, 12 months or more, Unrealized (Losses)	(21,792)	(26,224)
Available-for-sale securities, 12 months or more, Fair Value	165,060	98,590
Available-for-sale securities, Total, Unrealized (Losses)	(69,397)	(109,413)
Available-for-sale securities, Total, Fair Value	939,724	2,011,944
Investment in securities, Less than 12 months, Unrealized (Losses)	(129,592)	(199,402)
Investment in securities, Less than 12 months, Fair Value	1,669,043	4,002,913
Investment in securities, More than 12 months, Unrealized (Losses)	(77,816)	(91,878)
Investment in securities, More than 12 months, Fair Value	511,499	396,780
Investment in securities, Total, Unrealized (Losses)	(207,408)	(291,280)
Investment in securities, Total, Fair Value	2,180,542	4,399,693
Corporate Debt Securities [Member]
Investment [Line Items]
Bonds held-to-maturity, Less than 12 months, Unrealized (Losses)	(57,810)	(93,285)
Bonds held-to-maturity, Less than 12 months, Fair Value	750,427	1,912,178
Bonds held-to-maturity, 12 months or more, Unrealized (Losses)	(55,327)	(64,816)
Bonds held-to-maturity, 12 months or more, Fair Value	332,409	283,469
Bonds held-to-maturity, Total, Unrealized (Losses)	(113,137)	(158,101)
Bonds held-to-maturity, Total, Fair Value	1,082,836	2,195,647
Available-for-sale securities, Less than 12 months, Unrealized (Losses)	(47,354)	(81,638)
Available-for-sale securities, Less than 12 months, Fair Value	756,561	1,796,357
Available-for-sale securities, 12 months or more, Unrealized (Losses)	(21,627)	(25,976)
Available-for-sale securities, 12 months or more, Fair Value	157,966	90,784
Available-for-sale securities, Total, Unrealized (Losses)	(68,981)	(107,614)
Available-for-sale securities, Total, Fair Value	914,527	1,887,141
Preferred Stock [Member]
Investment [Line Items]
Available-for-sale securities, 12 months or more, Unrealized (Losses)		(1)
Available-for-sale securities, Total, Unrealized (Losses)		(1)
Common Stock [Member]
Investment [Line Items]
Available-for-sale securities, Less than 12 months, Unrealized (Losses)	(23,842)	(22,035)
Available-for-sale securities, Less than 12 months, Fair Value	132,434	136,694
Available-for-sale securities, Total, Unrealized (Losses)	(23,842)	(22,035)
Available-for-sale securities, Total, Fair Value	132,434	136,694
Equity Securities [Member]
Investment [Line Items]
Available-for-sale securities, Less than 12 months, Unrealized (Losses)	(23,842)	(22,035)
Available-for-sale securities, Less than 12 months, Fair Value	132,434	136,694
Available-for-sale securities, 12 months or more, Unrealized (Losses)		(1)
Available-for-sale securities, Total, Unrealized (Losses)	(23,842)	(22,036)
Available-for-sale securities, Total, Fair Value	132,434	136,694
U.S. Treasury and Government [Member]
Investment [Line Items]
Available-for-sale securities, Less than 12 months, Unrealized (Losses)	(7)	(34)
Available-for-sale securities, Less than 12 months, Fair Value	9,507	18,802
Available-for-sale securities, Total, Unrealized (Losses)	(7)	(34)
Available-for-sale securities, Total, Fair Value	9,507	18,802
U.S. States and Political Subdivisions [Member]
Investment [Line Items]
Bonds held-to-maturity, Less than 12 months, Unrealized (Losses)	(298)	(444)
Bonds held-to-maturity, Less than 12 months, Fair Value	4,074	19,412
Bonds held-to-maturity, Total, Unrealized (Losses)	(298)	(444)
Bonds held-to-maturity, Total, Fair Value	4,074	19,412
Available-for-sale securities, Less than 12 months, Unrealized (Losses)	(234)	(1,223)
Available-for-sale securities, Less than 12 months, Fair Value	6,800	80,807
Available-for-sale securities, 12 months or more, Unrealized (Losses)	(6)	(52)
Available-for-sale securities, 12 months or more, Fair Value	2,090	2,569
Available-for-sale securities, Total, Unrealized (Losses)	(240)	(1,275)
Available-for-sale securities, Total, Fair Value	8,890	83,376
Residential Mortgage-Backed Securities [Member]
Investment [Line Items]
Bonds held-to-maturity, Less than 12 months, Unrealized (Losses)	(37)	(449)
Bonds held-to-maturity, Less than 12 months, Fair Value	7,444	21,275
Bonds held-to-maturity, 12 months or more, Unrealized (Losses)	(697)	(837)
Bonds held-to-maturity, 12 months or more, Fair Value	14,030	14,721
Bonds held-to-maturity, Total, Unrealized (Losses)	(734)	(1,286)
Bonds held-to-maturity, Total, Fair Value	21,474	35,996
Available-for-sale securities, Less than 12 months, Unrealized (Losses)	(10)	(228)
Available-for-sale securities, Less than 12 months, Fair Value	1,745	15,273
Available-for-sale securities, 12 months or more, Unrealized (Losses)	(155)	(192)
Available-for-sale securities, 12 months or more, Fair Value	4,787	4,984
Available-for-sale securities, Total, Unrealized (Losses)	(165)	(420)
Available-for-sale securities, Total, Fair Value	6,532	20,257
Collateralized Debt Securities [Member]
Investment [Line Items]
Available-for-sale securities, Less than 12 months, Unrealized (Losses)		(66)
Available-for-sale securities, Less than 12 months, Fair Value	51	2,115
Available-for-sale securities, 12 months or more, Unrealized (Losses)	(4)	(4)
Available-for-sale securities, 12 months or more, Fair Value	217	253
Available-for-sale securities, Total, Unrealized (Losses)	(4)	(70)
Available-for-sale securities, Total, Fair Value	$ 268	$ 2,368

Investments in Securities - Bon

Investments in Securities - Bond by Credit Quality Rating Distribution (Detail) - Bonds [Member] - Credit Risk Financial Instruments [Member]	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Concentration Risk [Line Items]
Portfolio of investment by credit quality	100.00%	100.00%
AAA [Member]
Concentration Risk [Line Items]
Portfolio of investment by credit quality	5.40%	5.40%
AA [Member]
Concentration Risk [Line Items]
Portfolio of investment by credit quality	11.70%	12.00%
A [Member]
Concentration Risk [Line Items]
Portfolio of investment by credit quality	35.50%	36.50%
BBB [Member]
Concentration Risk [Line Items]
Portfolio of investment by credit quality	44.30%	43.30%
BB and Below [Member]
Concentration Risk [Line Items]
Portfolio of investment by credit quality	3.10%	2.80%

Investments in Securities - Equ

Investments in Securities - Equity Securities by Market Sector Distribution (Detail) - Equity Securities [Member] - Credit Concentration Risk [Member]	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Concentration Risk [Line Items]
Equity securities with market sector distribution	100.00%	100.00%
Consumer Goods [Member]
Concentration Risk [Line Items]
Equity securities with market sector distribution	21.50%	20.50%
Energy and Utilities [Member]
Concentration Risk [Line Items]
Equity securities with market sector distribution	10.40%	10.30%
Finance [Member]
Concentration Risk [Line Items]
Equity securities with market sector distribution	19.20%	20.00%
Healthcare [Member]
Concentration Risk [Line Items]
Equity securities with market sector distribution	13.50%	14.60%
Industrials [Member]
Concentration Risk [Line Items]
Equity securities with market sector distribution	8.50%	8.20%
Information Technology [Member]
Concentration Risk [Line Items]
Equity securities with market sector distribution	18.10%	17.80%
Other [Member]
Concentration Risk [Line Items]
Equity securities with market sector distribution	8.80%	8.60%

Mortgage Loans - Distribution B

Mortgage Loans - Distribution Based on Carrying Amount of Mortgage Loans by Location (Detail) - Mortgage Loans On Real Estate Concentration Risk [Member] - Geographic Concentration Risk [Member]	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Concentration Risk [Line Items]
Mortgage loans	100.00%	100.00%
East North Central [Member]
Concentration Risk [Line Items]
Mortgage loans	18.70%	18.80%
East South Central [Member]
Concentration Risk [Line Items]
Mortgage loans	4.90%	4.80%
Mountain [Member]
Concentration Risk [Line Items]
Mortgage loans	11.70%	11.60%
Pacific [Member]
Concentration Risk [Line Items]
Mortgage loans	13.40%	10.70%
South Atlantic [Member]
Concentration Risk [Line Items]
Mortgage loans	17.20%	18.80%
West South Central [Member]
Concentration Risk [Line Items]
Mortgage loans	28.70%	29.00%
Other [Member]
Concentration Risk [Line Items]
Mortgage loans	5.40%	6.30%

Mortgage Loans - Additional Inf

Mortgage Loans - Additional Information (Detail)	3 Months Ended	12 Months Ended
	Mar. 31, 2016USD ($)MortgageLoan	Dec. 31, 2015USD ($)MortgageLoan	Mar. 31, 2015USD ($)
Receivables [Abstract]
Number of mortgage loan foreclosed | MortgageLoan	0	3
Mortgage loans foreclosed		$ 24,333,000
Mortgage loans foreclosure process	$ 2,450,000	$ 2,450,000
Number of loans in foreclosure process | MortgageLoan	1	1
Loan sold with recorded investment	$ 0	$ 2,702,000
Realized loss on sale of loan		1,602,000
Unamortized discounts	399,000	452,000
Unamortized origination fees, mortgage loans	23,113,000	22,637,000
Financing receivable, collectively evaluated for impairment	3,675,801,000	3,442,211,000
Financing receivable, individually evaluated for impairment	28,813,000	$ 53,964,000
Mortgage loans placed into troubled debt restructuring	$ 0		$ 0

Mortgage Loans - Age Analysis o

Mortgage Loans - Age Analysis of Past Due Loans (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Percent	100.00%	100.00%
Total Past Due	$ 8,856	$ 27,421
Current	3,695,758	3,468,754
Total	3,704,614	3,496,175
Allowance for loan losses	(11,403)	(12,895)
Total, net of allowance	$ 3,693,211	$ 3,483,280
Industrial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Percent	21.00%	20.10%
Current	$ 778,077	$ 704,426
Total	$ 778,077	$ 704,426
Office [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Percent	34.20%	36.10%
Total Past Due	$ 8,856	$ 8,333
Current	1,259,282	1,252,484
Total	$ 1,268,138	$ 1,260,817
Retail [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Percent	15.70%	17.20%
Total Past Due		$ 19,088
Current	$ 583,408	583,810
Total	$ 583,408	$ 602,898
Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Percent	29.10%	26.60%
Current	$ 1,074,991	$ 928,034
Total	1,074,991	928,034
30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	6,406	19,088
30-59 Days Past Due [Member] | Office [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	6,406
30-59 Days Past Due [Member] | Retail [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		19,088
60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		5,883
60-89 Days Past Due [Member] | Office [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		5,883
More Than 90 Days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,450	2,450
More Than 90 Days [Member] | Office [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 2,450	$ 2,450

Mortgage Loans - Change in Allo

Mortgage Loans - Change in Allowance for Credit Losses in Mortgage Loans (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, Collectively Evaluated for Impairment, Beginning Balance	$ 10,716
Change in allowance, Collectively Evaluated for Impairment	194
Allowance for credit losses, Collectively Evaluated for Impairment, Ending Balance	10,910
Allowance for credit losses, Individually Evaluated for Impairment, Beginning balance	2,179
Change in allowance, Individually Evaluated for Impairment	(1,686)
Allowance for credit losses, Individually Evaluated for Impairment, Ending balance	$ 493

Mortgage Loans - Loans Individu

Mortgage Loans - Loans Individually Evaluated for Impairment With and Without Allowance Recorded (Average Recorded Investment and Interest Income Recognized) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Financing Receivable, Impaired [Line Items]
Average Recorded Investments with an Allowance		$ 11,079
Interest Income Recognized with an Allowance		246
Average Recorded Investments with No Allowance	$ 28,952	20,996
Interest Income Recognized with No Allowance	457	341
Recorded Investment			$ 16,168
Unpaid Principal Balance			17,855
Recorded Investments with No Allowance	28,813		37,796
Unpaid Principal Balance with No Allowance	28,813		37,796
Office [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investments with an Allowance		9,979
Interest Income Recognized with an Allowance		209
Average Recorded Investments with No Allowance	28,952	20,996
Interest Income Recognized with No Allowance	457	341
Recorded Investment			16,168
Unpaid Principal Balance			17,855
Recorded Investments with No Allowance	28,813		29,091
Unpaid Principal Balance with No Allowance	$ 28,813		29,091
Industrial [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investments with an Allowance		1,100
Interest Income Recognized with an Allowance		$ 37
Retail [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investments with No Allowance			8,705
Unpaid Principal Balance with No Allowance			$ 8,705

Investment Real Estate - Invest

Investment Real Estate - Investment Real Estate by Property-Type and Geographic Distribution (Detail) - Real Estate [Member]	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Property Type Concentration Risk [Member]
Concentration Risk [Line Items]
Investment real estate	100.00%	100.00%
Property Type Concentration Risk [Member] | Industrial [Member]
Concentration Risk [Line Items]
Investment real estate	9.70%	10.90%
Property Type Concentration Risk [Member] | Office [Member]
Concentration Risk [Line Items]
Investment real estate	38.00%	38.10%
Property Type Concentration Risk [Member] | Retail [Member]
Concentration Risk [Line Items]
Investment real estate	37.70%	37.00%
Property Type Concentration Risk [Member] | Other [Member]
Concentration Risk [Line Items]
Investment real estate	14.60%	14.00%
Geographic Distribution [Member]
Concentration Risk [Line Items]
Investment real estate	100.00%	100.00%
Geographic Distribution [Member] | East North Central [Member]
Concentration Risk [Line Items]
Investment real estate	7.30%	11.40%
Geographic Distribution [Member] | East South Central [Member]
Concentration Risk [Line Items]
Investment real estate	3.60%	3.60%
Geographic Distribution [Member] | Mountain [Member]
Concentration Risk [Line Items]
Investment real estate	12.40%	12.60%
Geographic Distribution [Member] | Pacific [Member]
Concentration Risk [Line Items]
Investment real estate	5.70%	5.60%
Geographic Distribution [Member] | South Atlantic [Member]
Concentration Risk [Line Items]
Investment real estate	14.10%	10.10%
Geographic Distribution [Member] | West South Central [Member]
Concentration Risk [Line Items]
Investment real estate	51.00%	50.70%
Geographic Distribution [Member] | Other [Member]
Concentration Risk [Line Items]
Investment real estate	5.90%	6.00%

Investment Real Estate - Assets

Investment Real Estate - Assets and Liabilities Related to VIEs (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Variable Interest Entity [Line Items]
Investment real estate	$ 584,459	$ 581,255
Short-term investments	312,306	460,612
Cash and cash equivalents	148,945	190,237	$ 170,017	$ 209,455
Accrued investment income	170,609	177,474
Other assets	141,502	140,788
Notes payable	135,975	128,436
Other liabilities	509,184	550,629
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Investment real estate	173,244	174,264
Short-term investments	1	1
Cash and cash equivalents	3,842	3,855
Accrued investment income		557
Other receivables	6,812	8,101
Other assets	10,093	8,210
Total assets of consolidated VIEs	193,992	194,988
Notes payable	135,975	128,436
Other liabilities	16,425	19,436
Total liabilities of consolidated VIEs	$ 152,400	$ 147,872

Investment Real Estate - Additi

Investment Real Estate - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2016USD ($)Note	Dec. 31, 2015USD ($)
Debt Instrument [Line Items]
Maximum amount of investment in long-term notes payable	$ 36,924,000	$ 34,699,000
Long-term portion of notes payable	$ 98,293,000
Number of notes included in notes payable | Note	4
Current portion of notes payable	$ 37,682,000
Carrying value of real estate investments	$ 0
Long-Term Notes Payable 1 [Member]
Debt Instrument [Line Items]
Interest rate on long-term notes	4.00%
Long-Term Notes Payable 2 [Member]
Debt Instrument [Line Items]
Interest on notes payable	Adjusted LIBOR plus LIBOR margin
Long-Term Notes Payable 3 [Member]
Debt Instrument [Line Items]
Interest on notes payable	LIBOR
Long-Term Notes Payable 4 [Member]
Debt Instrument [Line Items]
Interest on notes payable	The lessor of the Prime Rate or the highest rate permitted by law
Long Term Notes Payable Maturing Two Thousand Eighteen [Member]
Debt Instrument [Line Items]
Number of notes included in notes payable | Note	2
Notes payable maturity year	2,018
Long Term Notes Payable Maturing Beyond Five Years [Member]
Debt Instrument [Line Items]
Number of notes included in notes payable | Note	2
Notes payable maturity period	Beyond 5 years
Notes Payable Current One [Member]
Debt Instrument [Line Items]
Notes payable maturity year	2,016
Notes Payable Current One [Member] | Prime Rate [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	0.50%
Notes Payable Current Two [Member]
Debt Instrument [Line Items]
Interest on notes payable	Adjusted LIBOR plus LIBOR margin
Notes payable maturity year	2,017

Investment Real Estate - Carryi

Investment Real Estate - Carrying Amount and Maximum Exposure to Loss Related to VIEs (Detail) - Variable Interest Entity, Not Primary Beneficiary [Member] - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Mortgage Loans [Member]
Variable Interest Entity [Line Items]
Carrying Amount	$ 317,530	$ 212,228
Maximum Exposure to Loss	317,530	212,228
Investments in Unconsolidated Affiliates [Member]
Variable Interest Entity [Line Items]
Carrying Amount	240,681	236,816
Maximum Exposure to Loss	240,681	236,816
Accrued Investment Income [Member]
Variable Interest Entity [Line Items]
Carrying Amount	1,172	661
Maximum Exposure to Loss	$ 1,172	$ 661

Derivative Instruments - Schedu

Derivative Instruments - Schedule of Derivative Instruments Reported in Financial Position (Detail) $ in Thousands	Mar. 31, 2016USD ($)Derivative	Dec. 31, 2015USD ($)Derivative
Derivatives, Fair Value [Line Items]
Estimated Fair Value of other invested assets	$ 123,761	$ 123,007
Derivative Financial Instruments, Estimated Fair Value	$ 258,267	$ 242,412
Derivatives Not Designated as Hedging Instruments [Member] | Other Invested Assets [Member] | Equity-Indexed Options [Member]
Derivatives, Fair Value [Line Items]
Number of Instruments | Derivative	422	419
Derivative Notional Amount, Asset	$ 1,242,000	$ 1,200,600
Estimated Fair Value of other invested assets	$ 123,761	$ 123,007
Policyholders' Account Balances [Member] | Derivatives Not Designated as Hedging Instruments [Member] | Equity-Indexed Embedded Derivative [Member]
Derivatives, Fair Value [Line Items]
Number of Instruments | Derivative	54,091	51,815
Derivative Notional Amount, Liability	$ 1,122,600	$ 1,067,600
Derivative Financial Instruments, Estimated Fair Value	$ 258,267	$ 242,412

Derivative Instruments - Sche59

Derivative Instruments - Schedule of Derivative Instruments Reported in Statements of Operations (Detail) - Derivatives Not Designated as Hedging Instruments [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net Investment Income [Member] | Equity-Indexed Options [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) Recognized in Income on Derivatives	$ (3,639)	$ 1,131
Interest Credited to Policyholders' Account Balances [Member] | Equity-Indexed Embedded Derivative [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) Recognized in Income on Derivatives	$ 2,552	$ (1,196)

Net Investment Income and Rea60

Net Investment Income and Realized Investment Gains (Losses) - Summary of Net Investment Income (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net Investment Income [Line Items]
Net Investment Income, Total	$ 196,054	$ 209,213
Debt Securities [Member]
Net Investment Income [Line Items]
Net Investment Income, Total	140,193	143,741
Equity Securities [Member]
Net Investment Income [Line Items]
Net Investment Income, Total	9,279	8,467
Mortgage Loans [Member]
Net Investment Income [Line Items]
Net Investment Income, Total	48,002	49,499
Real Estate [Member]
Net Investment Income [Line Items]
Net Investment Income, Total	(1,874)	(1,753)
Other Invested Assets [Member]
Net Investment Income [Line Items]
Net Investment Income, Total	4,093	8,128
Options [Member]
Net Investment Income [Line Items]
Net Investment Income, Total	$ (3,639)	$ 1,131

Net Investment Income and Rea61

Net Investment Income and Realized Investment Gains (Losses) - Summary of Realized Investment Gains (Losses) and Other Than Temporary Impairment Losses (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Gain (Loss) on Investments [Line Items]
Realized investment gains (losses)	$ 9,062	$ 39,302
Other-than-temporary impairment losses	(3,476)	(25)
Debt Securities [Member]
Gain (Loss) on Investments [Line Items]
Realized investment gains (losses)	2,739	1,298
Equity Securities [Member]
Gain (Loss) on Investments [Line Items]
Realized investment gains (losses)	4,865	28,627
Other-than-temporary impairment losses	(3,476)	(25)
Mortgage Loans [Member]
Gain (Loss) on Investments [Line Items]
Realized investment gains (losses)	1,492	(524)
Real Estate [Member]
Gain (Loss) on Investments [Line Items]
Realized investment gains (losses)		9,911
Other Invested Assets [Member]
Gain (Loss) on Investments [Line Items]
Realized investment gains (losses)	$ (34)	$ (10)

Fair Value of Financial Instr62

Fair Value of Financial Instruments - Carrying Amount and Fair Value of Financial Instruments (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Financial assets
Fixed maturity securities, bonds held-to-maturity	$ 7,567,273	$ 7,609,420
Fixed maturity securities, bonds held-to-maturity	7,863,320	7,755,553
Fixed maturity securities, bonds available-for-sale	5,776,762	5,483,916
Equity securities	1,510,495	1,514,979
Equity-indexed options	123,761	123,007
Mortgage loans on real estate, net of allowance	3,693,211	3,483,280
Policy loans	405,604	407,491
Short-term investments	312,306	460,612
Separate account assets	899,750	918,446
Total financial assets	20,289,162	20,001,151
Financial liabilities
Investment contracts	8,825,987	8,787,376
Embedded derivative liability for equity-indexed contracts	258,267	242,412
Notes payable	135,975	128,436
Separate account liabilities	899,750	918,446
Total financial liabilities	10,119,979	10,076,670
Fair Value [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity	7,863,320	7,755,553
Fixed maturity securities, bonds available-for-sale	5,776,762	5,483,916
Equity securities	1,510,495	1,514,979
Equity-indexed options	123,761	123,007
Mortgage loans on real estate, net of allowance	3,772,509	3,621,978
Policy loans	405,604	407,491
Short-term investments	312,306	460,612
Separate account assets	899,750	918,446
Total financial assets	20,664,507	20,285,982
Financial liabilities
Investment contracts	8,825,987	8,787,376
Embedded derivative liability for equity-indexed contracts	258,267	242,412
Notes payable	135,975	128,436
Separate account liabilities	899,750	918,446
Total financial liabilities	$ 10,119,979	$ 10,076,670

Fair Value of Financial Instr63

Fair Value of Financial Instruments - Additional Information (Detail) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Volatility rate used to estimate derivative values	16.40%		17.50%
Unrealized gain (losses) relating to assets still held and included in net investment income	$ 5,401,000	$ (3,309,000)
Transfer between Level 1 and Level 2 fair value hierarchies	$ 0

Fair Value of Financial Instr64

Fair Value of Financial Instruments - Quantitative Disclosures Regarding Fair Value Hierarchy Measurements (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	$ 7,863,320	$ 7,755,553
Fixed maturity securities, bonds available-for-sale, fair value disclosure	5,776,762	5,483,916
Equity securities, fair value disclosure	1,510,495	1,514,979
Equity Indexed Options, fair value disclosure	123,761	123,007
Policy loans, fair value disclosure	405,604	407,491
Short-term investments, fair value disclosure	312,306	460,612
Separate account assets, fair value disclosure	899,750	918,446
Financial liabilities
Embedded derivative liability for equity-indexed contracts, fair value disclosure	258,267	242,412
Separate account liabilities, fair value disclosure	899,750	918,446
Preferred Stock [Member]
Financial assets
Equity securities, fair value disclosure	29,044	23,950
Foreign Governments [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	5,039	4,968
Fixed maturity securities, bonds available-for-sale, fair value disclosure	6,918	6,733
Corporate Debt Securities [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	7,206,221	7,091,670
Fixed maturity securities, bonds available-for-sale, fair value disclosure	4,711,268	4,444,622
U.S. States and Political Subdivisions [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	348,923	346,517
Fixed maturity securities, bonds available-for-sale, fair value disclosure	999,857	972,491
Residential Mortgage-Backed Securities [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	286,201	294,200
Fixed maturity securities, bonds available-for-sale, fair value disclosure	25,624	27,364
Collateralized Debt Securities [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	1,389	2,024
Fixed maturity securities, bonds available-for-sale, fair value disclosure	8,068	8,014
Other Debt Securities [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	15,547	16,174
U.S. Treasury and Government [Member]
Financial assets
Fixed maturity securities, bonds available-for-sale, fair value disclosure	25,027	24,692
Common Stock [Member]
Financial assets
Equity securities, fair value disclosure	1,481,451	1,491,029
Recurring [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	7,863,320	7,755,553
Fixed maturity securities, bonds available-for-sale, fair value disclosure	5,776,762	5,483,916
Equity securities, fair value disclosure	1,510,495	1,514,979
Equity Indexed Options, fair value disclosure	123,761	123,007
Mortgage loans on real estate, net of allowance, fair value disclosure	3,772,509	3,621,978
Policy loans, fair value disclosure	405,604	407,491
Short-term investments, fair value disclosure	312,306	460,612
Separate account assets, fair value disclosure	899,750	918,446
Total financial assets, fair value disclosure	20,664,507	20,285,982
Financial liabilities
Investment contracts, fair value disclosure	8,825,987	8,787,376
Embedded derivative liability for equity-indexed contracts, fair value disclosure	258,267	242,412
Notes payable, fair value disclosure	135,975	128,436
Separate account liabilities, fair value disclosure	899,750	918,446
Total financial liabilities, fair value disclosure	10,119,979	10,076,670
Recurring [Member] | Preferred Stock [Member]
Financial assets
Equity securities, fair value disclosure	29,044	23,950
Recurring [Member] | Foreign Governments [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	5,039	4,968
Fixed maturity securities, bonds available-for-sale, fair value disclosure	6,918	6,733
Recurring [Member] | Corporate Debt Securities [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	7,206,221	7,091,670
Fixed maturity securities, bonds available-for-sale, fair value disclosure	4,711,268	4,444,622
Recurring [Member] | Level 1 [Member]
Financial assets
Equity securities, fair value disclosure	1,510,495	1,514,979
Total financial assets, fair value disclosure	1,510,495	1,514,979
Recurring [Member] | Level 1 [Member] | Preferred Stock [Member]
Financial assets
Equity securities, fair value disclosure	29,044	23,950
Recurring [Member] | Level 2 [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	7,776,960	7,669,296
Fixed maturity securities, bonds available-for-sale, fair value disclosure	5,755,073	5,463,786
Mortgage loans on real estate, net of allowance, fair value disclosure	3,772,509	3,621,978
Short-term investments, fair value disclosure	312,306	460,612
Separate account assets, fair value disclosure	899,750	918,446
Total financial assets, fair value disclosure	18,516,598	18,134,118
Financial liabilities
Separate account liabilities, fair value disclosure	899,750	918,446
Total financial liabilities, fair value disclosure	899,750	918,446
Recurring [Member] | Level 2 [Member] | Foreign Governments [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	5,039	4,968
Fixed maturity securities, bonds available-for-sale, fair value disclosure	6,918	6,733
Recurring [Member] | Level 2 [Member] | Corporate Debt Securities [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	7,125,502	7,010,165
Fixed maturity securities, bonds available-for-sale, fair value disclosure	4,696,574	4,431,263
Recurring [Member] | Level 3 [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	86,360	86,257
Fixed maturity securities, bonds available-for-sale, fair value disclosure	21,689	20,130
Equity Indexed Options, fair value disclosure	123,761	123,007
Policy loans, fair value disclosure	405,604	407,491
Total financial assets, fair value disclosure	637,414	636,885
Financial liabilities
Investment contracts, fair value disclosure	8,825,987	8,787,376
Embedded derivative liability for equity-indexed contracts, fair value disclosure	258,267	242,412
Notes payable, fair value disclosure	135,975	128,436
Total financial liabilities, fair value disclosure	9,220,229	9,158,224
Recurring [Member] | Level 3 [Member] | Corporate Debt Securities [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	80,719	81,505
Fixed maturity securities, bonds available-for-sale, fair value disclosure	14,694	13,359
Recurring [Member] | U.S. States and Political Subdivisions [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	348,923	346,517
Fixed maturity securities, bonds available-for-sale, fair value disclosure	999,857	972,491
Recurring [Member] | U.S. States and Political Subdivisions [Member] | Level 2 [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	348,923	346,517
Fixed maturity securities, bonds available-for-sale, fair value disclosure	997,377	969,996
Recurring [Member] | U.S. States and Political Subdivisions [Member] | Level 3 [Member]
Financial assets
Fixed maturity securities, bonds available-for-sale, fair value disclosure	2,480	2,495
Recurring [Member] | Residential Mortgage-Backed Securities [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	286,201	294,200
Fixed maturity securities, bonds available-for-sale, fair value disclosure	25,624	27,364
Recurring [Member] | Residential Mortgage-Backed Securities [Member] | Level 2 [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	285,274	293,267
Fixed maturity securities, bonds available-for-sale, fair value disclosure	23,138	24,958
Recurring [Member] | Residential Mortgage-Backed Securities [Member] | Level 3 [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	927	933
Fixed maturity securities, bonds available-for-sale, fair value disclosure	2,486	2,406
Recurring [Member] | Collateralized Debt Securities [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	1,389	2,024
Fixed maturity securities, bonds available-for-sale, fair value disclosure	8,068	8,014
Recurring [Member] | Collateralized Debt Securities [Member] | Level 2 [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure		2,024
Fixed maturity securities, bonds available-for-sale, fair value disclosure	6,039	6,144
Recurring [Member] | Collateralized Debt Securities [Member] | Level 3 [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	1,389
Fixed maturity securities, bonds available-for-sale, fair value disclosure	2,029	1,870
Recurring [Member] | Other Debt Securities [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	15,547	16,174
Recurring [Member] | Other Debt Securities [Member] | Level 2 [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	12,222	12,355
Recurring [Member] | Other Debt Securities [Member] | Level 3 [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity securities, fair value disclosure	3,325	3,819
Recurring [Member] | U.S. Treasury and Government [Member]
Financial assets
Fixed maturity securities, bonds available-for-sale, fair value disclosure	25,027	24,692
Recurring [Member] | U.S. Treasury and Government [Member] | Level 2 [Member]
Financial assets
Fixed maturity securities, bonds available-for-sale, fair value disclosure	25,027	24,692
Recurring [Member] | Common Stock [Member]
Financial assets
Equity securities, fair value disclosure	1,481,451	1,491,029
Recurring [Member] | Common Stock [Member] | Level 1 [Member]
Financial assets
Equity securities, fair value disclosure	$ 1,481,451	$ 1,491,029

Fair Value of Financial Instr65

Fair Value of Financial Instruments - Financial Instruments Measured at Fair Value on Recurring Basis Using (Level 3) Inputs (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Equity-Indexed Embedded Derivative [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning balance	$ 242,412	$ 208,187
Total realized and unrealized investment gains (losses) included in other comprehensive income	0	0
Net fair value change included in realized gains (losses)	0	0
Net gain (loss) for derivatives included in net investment income	0	0
Net change included in interest credited	(2,552)	1,196
Purchases	0	0
Sales	0	0
Settlements or maturities	0	0
Premiums less benefits	18,407	(971)
Gross transfers into Level 3	0	0
Gross transfers out of Level 3	0	0
Ending balance	258,267	208,412
Investment Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning balance	20,130	64,433
Total realized and unrealized investment gains (losses) included in other comprehensive income	159	937
Net fair value change included in realized gains (losses)	0	0
Net change included in interest credited	0	0
Sales		(61)
Settlements or maturities	(13)	(10)
Premiums less benefits	0
Gross transfers into Level 3	1,413
Gross transfers out of Level 3	0	0
Ending balance	21,689	65,299
Equity-Indexed Options [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning balance	123,007	189,449
Net fair value change included in realized gains (losses)	0	0
Net gain (loss) for derivatives included in net investment income	(3,639)	(743)
Net change included in interest credited	0	0
Purchases	5,293	3,763
Settlements or maturities	(900)	(4,463)
Premiums less benefits	0
Gross transfers out of Level 3	0	0
Ending balance	$ 123,761	$ 188,006

Deferred Policy Acquisition C66

Deferred Policy Acquisition Costs - Deferred Policy Acquisition Costs (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Deferred Policy Acquisition Costs [Line Items]
Beginning balance	$ 1,324,669
Additions	114,357
Amortization	(109,764)
Effect of change in unrealized gains on available-for-sale securities	(31,463)	$ (14,048)
Net change	(26,870)
Ending balance	1,297,799
Life [Member]
Deferred Policy Acquisition Costs [Line Items]
Beginning balance	756,023
Additions	25,217
Amortization	(22,171)
Effect of change in unrealized gains on available-for-sale securities	(6,294)
Net change	(3,248)
Ending balance	752,775
Annuity [Member]
Deferred Policy Acquisition Costs [Line Items]
Beginning balance	411,206
Additions	20,946
Amortization	(17,023)
Effect of change in unrealized gains on available-for-sale securities	(25,169)
Net change	(21,246)
Ending balance	389,960
Accident and Health [Member]
Deferred Policy Acquisition Costs [Line Items]
Beginning balance	44,390
Additions	3,980
Amortization	(5,553)
Net change	(1,573)
Ending balance	42,817
Property and Casualty [Member]
Deferred Policy Acquisition Costs [Line Items]
Beginning balance	113,050
Additions	64,214
Amortization	(65,017)
Net change	(803)
Ending balance	$ 112,247

Liability for Unpaid Claims a67

Liability for Unpaid Claims and Claim Adjustment Expenses - Liability for Unpaid Claims and Claim Adjustment Expenses (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Liability For Unpaid Claims And Claims Adjustment Expense Net
Unpaid claims balance, beginning	$ 1,280,011
Less reinsurance recoverables	413,881
Paid claims related to
Plus reinsurance recoverables	386,533
Unpaid claims balance, ending	1,282,734
Property and Casualty Accident and Health [Member]
Liability For Unpaid Claims And Claims Adjustment Expense Net
Unpaid claims balance, beginning	1,104,302	$ 1,132,394
Less reinsurance recoverables	217,337	245,906
Net beginning balance	886,965	886,488
Incurred related to
Current	252,781	239,128
Prior years	(7,806)	(12,100)
Total incurred claims	244,975	227,028
Paid claims related to
Current	101,995	98,382
Prior years	129,200	124,534
Total paid claims	231,195	222,916
Net balance	900,745	890,600
Net balance	900,745	890,600
Plus reinsurance recoverables	202,386	236,370
Unpaid claims balance, ending	$ 1,103,131	$ 1,126,970

Liability for Unpaid Claims a68

Liability for Unpaid Claims and Claim Adjustment Expenses - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Insurance [Abstract]
Description of increase (decrease) in claims and claim adjustment expenses	The net and gross reserve calculations have shown favorable development as a result of favorable loss emergence compared to what was implied by the loss development patterns used in the original estimation of losses in prior years.
Decrease in claims and claim adjustments expenses amount	$ 7,806,000	$ 12,100,000

Federal Income Taxes - Effectiv

Federal Income Taxes - Effective Income Tax Reconciliation (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Income tax on pre-tax income	$ 8,556,000	$ 51,780,000
Tax-exempt investment income	(1,972,000)	(1,879,000)
Tax-exempt restructuring	(10,167,000)
Dividend exclusion	(2,347,000)	(2,083,000)
Miscellaneous tax credits, net	(2,251,000)	(1,931,000)
Low income housing tax credit expense	1,294,000	1,264,000
Interest expense	2,560,000
Other items, net	257,000	(1,461,000)
Total provision (benefit) for federal income taxes	$ (4,070,000)	$ 45,690,000
Income tax on pre-tax income	35.00%	35.00%
Tax-exempt investment income	(8.10%)	(1.30%)
Tax-exempt restructuring	(41.60%)
Dividend exclusion	(9.60%)	(1.40%)
Miscellaneous tax credits, net	(9.20%)	(1.30%)
Low income housing tax credit expense	5.30%	0.90%
Interest expense	10.50%
Other items, net	1.00%	(1.00%)
Total, Rate	(16.70%)	30.90%

Federal Income Taxes - Addition

Federal Income Taxes - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Income taxes paid or refunded, net	$ 5,952,000	$ 370,000
Recognized tax benefit	10,167,000
Valuation allowance	0	$ 0
Ordinary loss tax carryforwards subject to expiration	$ 0
Ordinary loss tax carryforwards expiration date	Dec. 31, 2016
Provision for penalties recognized relating to dispute with Internal Revenue Service	$ 0
Accrued interest	$ 2,600,000

Accumulated Other Comprehensi71

Accumulated Other Comprehensive Income (Loss) - Components of Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income, Beginning balance	$ 352,620	$ 490,782
Amounts reclassified from AOCI, net of tax expense (benefit)	12,087	(19,741)
Unrealized holding gains (losses) arising during the period, net of tax expense (benefit)	66,164	40,024
Unrealized adjustment to DAC, net of tax expense (benefit)	(20,491)	(9,131)
Unrealized gains (losses) on investments attributable to participating policyholders' interest, net of tax expense (benefit)	(3,908)	(1,873)
Foreign currency adjustment, net of tax benefit	(12)	(1,838)
Accumulated Other Comprehensive Income, Ending balance	406,460	498,223
Net Unrealized Gains (Losses) on Securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income, Beginning balance	453,434	568,151
Amounts reclassified from AOCI, net of tax expense (benefit)	10,208	(21,184)
Unrealized holding gains (losses) arising during the period, net of tax expense (benefit)	66,164	40,024
Unrealized adjustment to DAC, net of tax expense (benefit)	(20,491)	(9,131)
Unrealized gains (losses) on investments attributable to participating policyholders' interest, net of tax expense (benefit)	(3,908)	(1,873)
Accumulated Other Comprehensive Income, Ending balance	505,407	575,987
Defined Benefit Pension Plan Adjustments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income, Beginning balance	(97,889)	(76,074)
Amounts reclassified from AOCI, net of tax expense (benefit)	1,879	1,443
Accumulated Other Comprehensive Income, Ending balance	(96,010)	(74,631)
Foreign Currency Adjustments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income, Beginning balance	(2,925)	(1,295)
Foreign currency adjustment, net of tax benefit	(12)	(1,838)
Accumulated Other Comprehensive Income, Ending balance	$ (2,937)	$ (3,133)

Accumulated Other Comprehensi72

Accumulated Other Comprehensive Income (Loss) - Components of Other Comprehensive Income (Loss) (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Equity [Abstract]
Amounts reclassified from AOCI, sale of securities tax expense (benefit)	$ 5,496	$ 7,502
Amounts reclassified from AOCI, pension tax expense (benefit)	1,012	777
Unrealized holding gains (losses) arising during the period, tax expense (benefit)	35,626	23,320
Unrealized adjustment to deferred policy acquisition costs, tax expense (benefit)	10,972	4,917
Unrealized gains (losses) on investments attributable to participating policyholders' interest, tax expense (benefit)	2,104	1,009
Foreign currency adjustment, tax benefit	$ 6	$ 990

Stockholders' Equity and Nonc73

Stockholders' Equity and Noncontrolling Interests - Additional Information (Detail) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, par value	$ 1		$ 1
Common stock, shares authorized	50,000,000		50,000,000
Maximum limit of shares available for grants under stock-based compensation plan	2,900,000
Maximum limit of shares granted to any one individual in any calendar year	200,000
Risk based capital action level percentage	200.00%
Description of regulatory capital requirement	American National Insurance Company's payment of dividends to stockholders is restricted by statutory regulations. The restrictions require life insurance companies to maintain minimum amounts of capital and surplus, and in the absence of special approval, limit the payment of dividends to the greater of the prior year's statutory net income from operations, or 10% of prior year statutory surplus.
Statutory amount available for dividend payments without regulatory approval	$ 292,593,000
Noncontrolling interest	$ 9,388,000		$ 10,189,000
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk based capital action level percentage	200.00%		200.00%
Parent Company [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Statutory capital and surplus	$ 2,921,096,000		$ 2,925,935,000
Insurance Subsidiary [Member] | Missouri [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Statutory accounting practices permitted practice amount	67,115,000	$ 64,991,000
County Mutual [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Noncontrolling interest	6,750,000		6,750,000
Other Subsidiaries [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Noncontrolling interest	$ 2,638,000		$ 3,439,000
Stock Appreciation Rights [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	5 years
Expiration of vesting period	5 years
Stock Appreciation Rights [Member] | Share-based Compensation Award, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rate per year	20.00%
Restricted Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	10 years
Shares granted	350,334
Exercise price of Restricted shares granted	$ 0
Number of shares unvested	76,000
Lapse restrictions on restricted stock awards	10 years
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period description	RSUs vest after a three-year graded vesting requirement or over a shorter period as a result of death, disability or retirement after age 65.
Restricted Stock Units [Member] | Graded Vesting [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years

Stockholders' Equity and Nonc74

Stockholders' Equity and Noncontrolling Interests - Common Stock, Amounts Outstanding (Detail) - shares	Mar. 31, 2016	Dec. 31, 2015
Stockholders' Equity Note [Abstract]
Shares issued	30,832,449	30,832,449
Treasury shares	(3,918,231)	(3,937,993)
Outstanding shares	26,914,218	26,894,456
Restricted shares	(76,000)	(76,000)
Unrestricted outstanding shares	26,838,218	26,818,456

Stockholders' Equity and Nonc75

Stockholders' Equity and Noncontrolling Interests - Stock-Based Compensation Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Stock Appreciation Rights [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning balance, Shares	38,092
Exercised, Shares	(1,267)
Expired, Shares	(4,200)
Ending balance, Shares	32,625
Weighted-Average Grant Date Fair Value, Beginning balance	$ 115.18
Weighted-Average Grant Date Fair Value, Exercised	96.31
Weighted-Average Grant Date Fair Value, Expired	116.48
Weighted-Average Grant Date Fair Value, Ending balance	$ 115.74
Weighted-average contractual remaining life (in years)	1 year 22 days
Exercisable shares	32,625
Weighted-average exercise price	$ 115.74
Weighted-average exercise price exercisable shares	$ 115.74
Compensation expense (credit)	$ 33,000	$ (77,000)
Fair value of liability award	$ 67,000		$ 37,000
Restricted Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning balance, Shares	76,000
Ending balance, Shares	76,000
Weighted-Average Grant Date Fair Value, Beginning balance	$ 110.73
Weighted-Average Grant Date Fair Value, Ending balance	$ 110.73
Weighted-average contractual remaining life (in years)	3 years 4 months 2 days
Weighted-average exercise price	$ 110.73
Compensation expense (credit)	$ 210,000	377,000
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning balance, Shares	135,725
Granted, Shares	36,849
Exercised, Shares	(65,734)
Forfeited, Shares	(182)
Ending balance, Shares	106,658
Weighted-Average Grant Date Fair Value, Beginning balance	$ 103.73
Weighted-Average Grant Date Fair Value, Granted	103.58
Weighted-Average Grant Date Fair Value, Exercised	99.99
Weighted-Average Grant Date Fair Value, Forfeited	105.75
Weighted-Average Grant Date Fair Value, Ending balance	$ 105.98
Weighted-average contractual remaining life (in years)	2 years 1 month 17 days
Weighted-average exercise price	$ 105.98
Compensation expense (credit)	$ 4,102,000	$ 3,180,000
Fair value of liability award	$ 20,823,000		$ 19,415,000

Stockholders' Equity and Nonc76

Stockholders' Equity and Noncontrolling Interests - Summary of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Earnings Per Share [Abstract]
Weighted average shares outstanding	26,909,511	26,818,215
Incremental shares from RS awards and RSUs	56,456	146,135
Total shares for diluted calculations	26,965,967	26,964,350
Net income attributable to American National (in thousands)	$ 29,316	$ 102,982
Basic earnings per share	$ 1.09	$ 3.84
Diluted earnings per share	$ 1.09	$ 3.82

Stockholders' Equity and Nonc77

Stockholders' Equity and Noncontrolling Interests - Statutory Capital and Surplus and Net Income of Insurance Entities in Accordance with Statutory Accounting Practices (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Life [Member]
Statutory Accounting Practices [Line Items]
Statutory capital and surplus	$ 1,893,485		$ 1,900,939
Statutory net income	3,927	$ 46,094
Property and Casualty [Member]
Statutory Accounting Practices [Line Items]
Statutory capital and surplus	1,036,577		$ 1,033,942
Statutory net income	$ 4,548	$ 15,048

Segment Information - Additiona

Segment Information - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2016Segment
Segment Reporting [Abstract]
Segment information, number of operating segments	5

Segment Information - Summary o

Segment Information - Summary of Results of Operations Measured as Income Before Federal Income Taxes and Equity in Earnings of Unconsolidated Affiliates by Operating Segments (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Segment Reporting Information [Line Items]
Income (loss) from continuing operations	$ 23,508	$ 91,359
Life [Member]
Segment Reporting Information [Line Items]
Income (loss) from continuing operations	(3,481)	8,199
Annuity [Member]
Segment Reporting Information [Line Items]
Income (loss) from continuing operations	17,971	17,113
Accident and Health [Member]
Segment Reporting Information [Line Items]
Income (loss) from continuing operations	(634)	7,543
Property and Casualty [Member]
Segment Reporting Information [Line Items]
Income (loss) from continuing operations	6,990	10,222
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Income (loss) from continuing operations	$ 2,662	$ 48,282

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments outstanding, aggregate amount	$ 727,320,000
Commitments expected to be funded in 2016	578,084,000
Short-term borrowing facility, maximum capacity	100,000,000
Short-term borrowing facility, letters of credit	55,000,000
Letters of credit outstanding, amount	$ 9,501,000	$ 9,501,000
Short-term borrowing facility, expiration date	Oct. 30, 2016
Total amount of guarantees outstanding	$ 206,376,000
Life insurance policies with guarantees, cash value	$ 211,503,000

Related Party Transactions - Re

Related Party Transactions - Related Party Transactions (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Gal-Tex Hotel Corporation [Member] | Mortgage Loan On Real Estate Income Statement Effect [Member]
Related Party Transaction [Line Items]
Dollar amount of transactions	$ 347	$ 323
Gal-Tex Hotel Corporation [Member] | Net Investment Income [Member]
Related Party Transaction [Line Items]
Dollar amount of transactions	92	116
Gal-Tex Hotel Corporation [Member] | Mortgage Loans On Real Estate Financial Statement Caption [Member]
Related Party Transaction [Line Items]
Amount due to (from) American National	4,835		$ 5,182
Gal-Tex Hotel Corporation [Member] | Net Investment Income Accrual [Member]
Related Party Transaction [Line Items]
Amount due to (from) American National	29		31
Greer, Herz & Adams, LLP [Member] | Other Operating Expenses [Member]
Related Party Transaction [Line Items]
Dollar amount of transactions	2,550	$ 1,964
Greer, Herz & Adams, LLP [Member] | Other Operating Expenses Accrual [Member]
Related Party Transaction [Line Items]
Amount due to (from) American National	$ (418)		$ (274)

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - Gal-Tex Hotel Corporation [Member]	3 Months Ended
	Mar. 31, 2016
Related Party Transaction [Line Items]
Interest rate on mortgage loans	7.25%
Due date of mortgage loans receivable	Apr. 1, 2019