Since it commenced operations in 2009, Athene has experienced tremendous growth. Today, we are one of the largest fixed index annuity platforms in the United States, based on fixed indexed deferred annuity assets.
While our company has grown principally through acquisitions, we have positioned the company to rely more on our three organic channels for future growth. Our organic channels include retail, flow reinsurance and institutional products. This will be supplemented by our inorganic channels, which include M&A and block reinsurance.
Since our inception, we have completed five major acquisitions of well-established companies with long and proud histories in the annuity business (see table below). In each case we built upon the solid reputations of these companies to form the company that Athene is today. We also strengthened many areas, aligned operations where appropriate and introduced new products and services that distinguish the Athene brand.
|Date||Acquired Company||Location||Current Athene Name||Former Parent Company|
|April 2011||Liberty Life Insurance Company (LLIC)||South Carolina||Athene Annuity & Life Assurance Company||Royal Bank of Canada|
|July 2011||Investors Insurance Company||Delaware||(merged into LLIC)||SCOR / France|
|December 2012||Presidential Life Insurance Company||New York||Athene Annuity & Life Assurance Company of NY||Public Company / USA|
|October 2013||Aviva USA||Iowa||Athene Annuity and Life Company||Aviva plc / UK|
|October 2015||Delta Lloyd Deutschland AG||Germany||Athene Lebensversicherung||Delta Lloyd L.V. / Netherlands|