Athene Donates Over $250,000 to Local Bermuda Charities

February 7, 2022

Athene Life Re Ltd.(ALRe), the reinsurance subsidiary of Athene Holding Ltd., announced it donated $252,702 to Bermuda charities in 2021 as part of the company’s ongoing commitment to giving back to the community where employees live and work.

“Athene is honored to be able to support so many incredible organizations that make a positive difference in the Bermuda community,” said Natasha Scotland Courcy, SVP General Counsel and Chief Operating Officer of Athene Life Re. “We look forward to continuing to make an impact through philanthropic giving, volunteer service, and community outreach in the years ahead.”

The donations reached 17 local charities and organizations that align with Athene’s championed causes: education, human services, health and well-being and environmental sustainability.

Donations ranged in size from $2,000 to more than $30,000. Some of the donations included:

  • Scholarships and Bermuda College Work Study Program: donation funded two Athene BFIS scholarships and seven Athene Bermuda College scholarship recipients including the costs of associate degree programs and books.
  • The Coalition for the Protection of Children: for their general fund and new Teen Space.
  • Bermuda Red Cross: donation to the general operating fund which provides relief and support to those in crisis.
  • Big Brothers Big Sisters: employees donated over 19,000 essential items plus an additional cash donation to support the organizations various initiatives.
  • Mirrors Alumni and Friends Association: to support their student art and digital competition.
  • WindReach: donation to the general operating funding to support the Educational & Therapeutic programs for individuals with special needs.
  • PALS: toward their general operating fund.
  • Family Centre: toward critical programs and services for vulnerable children and families in Bermuda.
  • Bermuda Sloop Foundation: toward public school student sailing program.
  • Community events: toward sponsorship of Bermuda End-to-End and Rotary Clubs of Bermuda golf tournament.
  • Vision Bermuda: toward the Critical Needs Program, which provides for essential and critical services related to vision for those with vision impairments.
  • Women's Resource Centre: donation directed toward the Community Education, Awareness, and Life Skills Training Program.
  • Heron Bay Primary School PTA: donated 22 tablets and 30 headsets to help bridge the education and technology gap.

In addition, Athene and several Bermuda based (re)insurers led a two-year initiative to fund the development of a state-of-the-art Career Development Centre at Bermuda College. Construction of the Career Development Center began in spring of 2021.

The Bermuda Charity Committee helps support these employee-driven efforts. More on Athene’s Corporate Social Responsibility (CSR) efforts can be found at https://www.athene.com/corporate-social-responsibility.

 

About Athene
Athene, a subsidiary of Apollo, is a leading retirement services company with total assets of $224.4 billion as of September 30, 2021 and operations in the United States, Bermuda, and Canada. Athene specializes in helping its customers achieve financial security and is a solutions provider to institutions. Founded in 2009, Athene is Driven to Do More for our policyholders, business partners, and the communities in which we work and live. For more information, please visit www.athene.com.

Athene Media Contact

About Athene Careers Contact Us Individuals Professionals Institutions
Institutions
The institutional channel includes reinsurance and group annuity contracts related to pension group annuities.
Reinsurance Pension Group Annuities (PGA)
Investors
Privacy Legal

Annuities contain features, exclusions, limitations and availability that may vary by state and/or sales distributor. For a full explanation of an annuity, please refer to the Certificate of Disclosure or Prospectus (as applicable) and contact your financial professional or the company for costs and complete details. This material is a general description intended for general public use. 

Annuity contracts and group annuity contracts are issued by Athene Annuity and Life Company (61689), West Des Moines, IA, and Athene Annuity & Life Assurance Company (61492), Wilmington, Delaware, in all states (except New York), and in D.C. and PR. Annuity contracts and group annuity contracts are issued by Athene Annuity & Life Assurance Company of New York (68039), Pearl River, NY, in New York state. Payment obligations and guarantees are subject to the financial strength and claims-paying ability of the issuing insurance company. Insurance products may not be available in all states. These companies are not undertaking to provide investment advice for any individual or in any individual situation, and therefore nothing in this should be read as investment advice. This material should not be interpreted as a recommendation by Athene Annuity and Life Company, Athene Annuity & Life Assurance Company, Athene Annuity & Life Assurance Company of New York, or Athene Securities, LLC. Please reach out to your financial professional if you have any questions about insurance products and their features.

The term “financial professional” is not intended to imply engagement in an advisory business with compensation unrelated to sales. Financial professionals will be paid a commission on the sale of an annuity.

ANNUITIES ARE PRODUCTS OF THE INSURANCE INDUSTRY AND NOT GUARANTEED BY ANY BANK NOR INSURED BY FDIC OR NCUA/NCUSIF. MAY LOSE VALUE. NO BANK/CREDIT UNION GUARANTEE. NOT A DEPOSIT. NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY. MAY ONLY BE OFFERED BY A LICENSED INSURANCE AGENT.

Reinsurance contracts are entered into with Athene Annuity and Life Company (61689), West Des Moines, IA; Athene Annuity & Life Assurance Company (61492), Wilmington, Delaware; Athene Annuity & Life Assurance Company of New York (68039), Pearl River, NY; and Athene Life Re Ltd., Hamilton, Bermuda. Not all reinsurance products or structures offered are available in all jurisdictions. Reinsurers may not be licensed in all states. All transactions are subject to meeting a reinsurer’s underwriting requirements. Reinsurance products are not protected or guaranteed by state insurance guaranty associations or insolvency funds.