¹ Financial strength ratings for Athene Annuity & Life Assurance Company, Athene Annuity and Life Company, Athene Annuity & Life Assurance Company of New York and Athene Life Re Ltd. A.M. Best, S&P and Fitch's credit ratings reflect their assessment of the relative ability of an insurer to meet its ongoing insurance policy and contract obligations. A.M. Best rating as of May 2020 (A, 3rd highest of 16), S&P rating as of August 2020 (A, 6th highest out of 21), and Fitch rating as of April 2020 (A, 6th highest of 19). Athene Holding Ltd.’s credit rating is bbb/BBB+/BBB+ for A.M. Best, S&P and Fitch, respectively.

² As of September 30, 2020. Pledged assets and funds in trust (restricted assets) total $16.2 billion and net reserve liabilities of $137.8 billion as of September 30, 2020.
³ As of September 30, 2020.
⁴ For the three months ended September 30, 2020. 
The following financial information is presented for Athene Annuity & Life Assurance Company of New York (AANY), on a statutory basis, based on the financial statement as of June 30, 2020:

Total Admitted Assets: $3.23 billion
Total Liabilities: $2.90 billion
Reserves Required:

Direct: $2.58 billion
Ceded: $2.17 billion
Net: $403 million

Total Capital & Surplus: $331 million
Securities Pledged As Collateral: —

The following financial information is presented for Athene Annuity and Life Company (AAIA), on a statutory basis, based on the financial statement as of June 30, 2020:

Total Admitted Assets: $67.40 billion
Total Liabilities: $66.02 billion
Reserves Required:

Direct: $58.47 billion
Assumed: $0.21 billion
Ceded: $13.18 billion
Net: $45.50 billion

Capital & Surplus:

Common capital stock: $0.01 billion
Paid-in and contributed surplus: $0.97 billion
Unassigned surplus: $0.40 billion

Total Capital & Surplus: $1.38 billion

⁵ LIMRA Secure Retirement Institute, U.S. Individual Annuity Industry Sales Report, third quarter 2020.

⁶ LIMRA Secure Retirement Institute, U.S. Group Annuity Risk Transfer Survey, fourth quarter 2018.