Athene Operating Subsidiaries Ratings
Rating agencies meet annually with Athene to review and rate our performance. These ratings are independent opinions reflecting our ability to meet ongoing obligations to our customers.1
A.M. Best
as of 4/2022
Outlook: Stable
S&P
as of 12/2022
Outlook: Stable
Fitch
as of 5/2022
Outlook: Stable
Moody's
as of 7/2022
Outlook: Stable
Financial Highlights
billion in total
GAAP assets2
billion in total
GAAP liabilities2
billion in total
GAAP AHL shareholders' deficit3
billion in
gross organic inflows4
billion in net
invested assets2
billion in
excess capital3
Why Athene?
Strong track record since inception. Well-positioned for future growth.
- Efficient and scalable platform
- Strong balance sheet
- Stable and significant base of earnings
- Strong capitalization levels with a growing capital base
- Experienced management team
- 165 years of leadership experience
- Multiple distribution channels to source liabilities
- Retail: #1 in fixed-indexed annuity sales4 in 2021 and 2020
- Flow reinsurance: a leading reinsurer in the annuity industry
- Funding agreements5: For the year 2021, we generated $11.9 billion in funding agreement inflows. We were the #1 issuer of funding agreement backed notes (FABNs) with $11.1 billion of issuance across six different currencies.
- Pension group annuities: Athene was the #1 U.S. PRT provider by volume6 in 2021 and 2020. We generated $13.8 billion in inflows for the year 2021.
- Acquisitions and block reinsurance transactions: ability to consummate complex transactions
- Robust risk management
- Powered by Apollo. Apollo gives us a competitive advantage through its tailored portfolio and asset management capabilities.