American National Insurance Co. selected Deloitte & Touche LLP as its independent registered public accounting firm for the fiscal year ending Dec. 31, 2020, subject to execution of an engagement letter.
The action comes after a recently completed competitive process undertaken by the audit committee of American National's board, with the assistance of the company's management.
As a result, KPMG LLP will be dismissed as American National's independent registered public accounting firm, effective upon the filing of the company's annual report on Form 10-K for the fiscal year ending Dec. 31, 2019.
During the fiscal years ended Dec. 31, 2018, and Dec. 31, 2017, and until Aug. 28, American National had no disagreements with KPMG on any accounting principles or practices, financial statement disclosure, or auditing scope or procedure. The company also did not consult with Deloitte & Touche regarding any accounting matters during the period.
