Who bought Athene?
Apollo has now completed its merger with life and retirement reinsurance company Athene Holding Ltd., creating a company with an implied market capitalisation of around $43 billion.
What companies does Athene own?
Athene Annuity & Life Assurance Company, a Wilmington, Delaware-domiciled company, and Athene Annuity and Life Company, a West Des Moines, Iowa-domiciled company , issue annuities in all states except new york.
Who is Athene Annuity?
Athene Annuity & Life Company is a leading provider of products in the retirement savings market It is one of the industry’s fastest-growing writers of fixed indexed annuities. The vision for their retail business is to be the fixed annuity market leader with a strong capital base and efficient operating model.
Are Athene and Aviva the same company?
Aviva USA has been renamed Athene USA , which is the parent for Athene’s U.S. operations and is now headquartered in West Des Moines, Iowa.
Did Athene get bought out?
Apollo Completes Merger with Athene and Finalizes Key Governance Enhancements. NEW YORK , Jan. 03, 2022 (GLOBE NEWSWIRE) — Apollo and Athene today announced the successful completion of their merger under Apollo Global Management, Inc.
What did Athene used to be called?
Saucer. A.M. Best Company, Inc. Liberty Life Insurance Co. has changed its legal name to Athene Annuity & Life Assurance Co and will operate under the brand name Athene Annuity.
How long has Athene been around?
Please see disclosures on page 4. Privately held Athene Holding Ltd. was founded in 2008 and is the parent to the U.S.-based insurance companies operating under the Athene USA umbrella. Its largest shareholder is an affiliate of Apollo Global Management.
What is the rating of Athene?
A.M. Best rating as of April 2022 (A, 3rd highest of 16), S&P rating as of May 2021 (A+, 5th highest out of 21), and Fitch rating as of May 2022 (A+, 5th highest of 19). Athene Holding Ltd.’s credit rating is bbb+/A-/A- for A.M. Best, S&P and Fitch, respectively. As of March 31, 2022.
Is Athene a safe company?
Athene Annuity & Life Insurance Company is a leading provider of products in the retirement savings market. Athene has an A rating from AM Best and was founded in 1896. Athene Surpassed Allianz Life as the #1 Provider of fixed index annuities in 2020, based on total U.S. Individual Fixed Index Annuity Sales.
Which annuity company is best?
- Best Overall: Fidelity.
- Best Fixed Indexed Annuity: Allianz.
- Best Variable Annuity: New York Life.
- Best Straight Life Annuity: USAA.
- Best Term Certain Annuity: MassMutual.
- Best Multi-Year Guaranteed Annuity: American National.
What kind of company is Athene?
Athene Holding Ltd. operates as an insurance holding company The Company, through its subsidiaries, issues, reinsures, and acquires retirement savings products, including fixed annuities and funding agreements. Athene Holding conducts business worldwide.
When did Aviva become Athene?
Athene will acquire Aviva USA, which has approximately $56 billion of statutory admitted assets as of September 30, 2012 , for a purchase price of $1.55 billion.
Who took over Aviva Life Insurance?
On 13 April 2015, Aviva completed the £5.6 billion all share takeover of Friends Life Group Andy Briggs, current group chief executive of Friends Life, became CEO of Aviva UK Life, with Mark Wilson continuing as CEO of the enlarged Aviva Group.
What is Aviva Life and Annuity?
Aviva Life and Annuity Company is a stock company that was incorporated on 02-18-1863. Aviva Life and Annuity Company is a life insurance company and has assets of $24,683,212,443, capital of $10,000,000, and a net surplus of $1,256,450,096. The president of Aviva Life and Annuity Company is Thomas Charles Godlasky.
Is Athene insured?
Initially, Athene sold both life insurance policies and annuities, though the company stopped writing life insurance contracts just a few short years later, in 2013 though is still considered an insurance company.
How many employees does Athene have?
Athene USA Corporation has 1,400 total employees across all of its locations and generates $1.96 billion in sales (USD).
Who bought Apollo?
In March 2021, Apollo Global Management announced the acquisition of life insurance company Athene Holdings for $11 billion. Prior to the merger announcement, Apollo owned 35% of Athene.