American Equity Investment Life Holding Company develops, markets, issues and administers annuities and life insurance. The Company is a full-service underwriter of a broad array of annuity and insurance products. Its business consists primarily of the sale of fixed rate and index annuities. The Companys business strategy is to focus on its annuity business and earn predicable returns by managing investment spreads and investment risk. American Equity is licensed to sell its products in 46 states and the District of Columbia. Products include fixed rate annuities, index annuities, variable annuities and other insurance products.