 GALVESTON, Texas, March 01, 2021 GLOBE NEWSWIRE -- American National Group, Inc. NASDAQ: ANAT formerly American National Insurance Company1 and subsidiaries collectively, the Company announced net income for the fourth quarter of 2020 of 306.4 million or 11.40 per diluted share, compared to 171.1 million or 6.37 per diluted share for the same period in 2019. The increase in net income for the fourth quarter of 2020 was primarily attributable to an increase of 77.0 million or 2.86 per diluted share in after-tax net gains on equity securities, an increase of 20.2 million or 0.75 per diluted share in after-tax net realized investment earnings, and an increase of 20.4 million or 0.75 per diluted share in after-tax earnings from our property and casualty business. 