Letters From The President

Read recent letters from the president regarding American Savings' business and its performance.

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Stockholder Information
CUSIP #029420106

August 31, 2020 Financial Results

Total Assets $70,559,196
Total Shareholders Equity $18,813,056
Total Annuities $35,393,872
Life Insurance In Force $19,013,478
Net Income $660,526
Note: These figures are unaudited. The percentage changes are the difference between 8/31/2019 and 8/31/2020 figures.

Tender Offer

The Board of Directors has authorized the purchase of Company stock at a price equal to 90% of the last available book value, as prepared on a GAAP basis. As of August 31, 2020, this adjusted book value is $4.245 per share. Therefore the current tender price is $3.91 per share.

Tender Price: $3.91/share

Semi-Annual Dividend

The following semi-annual dividends will be paid during 2020 to stockholders of record at the end of the month preceding payment.

April 10, 2020: 10.0¢/share
October 13, 2020: 10.0¢/share

Audited SAP (Statutory Accounting Principles) Financial Statements

The following financial statements differ somewhat from the Annual Reports (shown above), since these reports are prepared using specific accounting rules required by state insurance laws (Statutory Accounting Principles), which are different from GAAP (Generally Accepted Accounting Principles),which are the standard financial accounting rules.

2019  SAP Financial Statement 2018  SAP Financial Statement 2017  SAP Financial Statement 2016  SAP Financial Statement 2015  SAP Financial Statement 2014  SAP Financial Statement
2013  SAP Financial Statement 2012  SAP Financial Statement 2011 SAP Financial Statement 2010 SAP Financial Statement 2009 SAP Financial Statement 2008 SAP Financial Statement

Annual Statements (Blue Book) filed with Insurance Department and NAIC

Following are key pages from the detailed financial statements filed with the Arizona Department of Insurance and the NAIC (National Association of Insurance Commissioners). The full annual statements are over 100 pages. Because of their size and they always have a blue cover, they are commonly referred to as the “Blue Book”. We are providing here the pages we believe are the most important pages that best represent the financial condition of American Savings Life Insurance Company.

2019 Annual Statement Key Pages 2018 Annual Statement Key Pages 2017 Annual Statement Key Pages 2016 Annual Statement Key Pages 2015 Annual Statement Key Pages 2014 Annual Statement Key Pages
2013 Annual Statement Key Pages 2012 Annual Statement Key Pages 2011 Annual Statement Key Pages 2010 Annual Statement Key Pages 2009 Annual Statement Key Pages 2008 Annual Statement Key Pages