American General

(AGC) - Get Report

reported third-quarter operating earnings of $1.31, in line with the

First Call/Thomson Financial

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estimate and up from year-ago earnings of $1.16 a share.

The financial services holding company said continued strong demand for equity-based products in the latest quarter helped separate accounts rise 34% from a year ago, while general account reserves rose 3%.

Assets under management, as well as assets supporting life and annuity products increased. Also, earnings at the company's retirement services unit rose 19%.