Athene hits record fixed-indexed annuity sales in just 9 months
John Hilton
November 15, 2024
Athene Life & Annuity does fixed-indexed annuity sales better than anyone and it showed during the third quarter.
Athene Holding Ltd.
Company overview, corporate earnings and latest news.
Latest News
Athene earnings come up short in Q2 despite monster annuity sales
August 2, 2024
Athene Life & Annuity came up short on earnings during the second quarter despite dominating the industry in annuity sales.
Athene commits to FIAs and ‘custom indices’ as it dominates annuity sales
May 9, 2024
Athene executives said Thursday they are full-speed ahead on fixed-index annuities with custom indices. The private equity backed insurer is the leading annuity seller by far.
Core Business Areas
Retail Annuities: Athene provides a wide range of fixed, indexed, and immediate annuity products for individuals planning for retirement.
Institutional Products: Athene offers various institutional products like funding agreements and pension risk transfer strategies, which are integral to the risk management strategies of corporations.
Reinsurance: Athene offers financial solutions to life and annuity insurance companies through its reinsurance services.
Acquisition: Athene also specializes in acquiring both individual and group annuity portfolios from other insurance companies.
Primary Distribution Platforms
Independent Agents and Brokers: Athene primarily distributes its products through a wide network of independent agents and brokers across the U.S.
Financial Advisors: Financial advisors play a key role in recommending Athene’s retirement products based on the client’s specific financial goals and needs.
Institutional Partnerships: Athene works with other financial institutions, including banks, to distribute its institutional products.
Direct Sales: Athene does provide options for customers to directly purchase their products, though the majority of sales are agent driven.
Latest Earnings
$1.42
Apollo Global Management (Athene parent) · Earnings Per Share (EPS) · FY23 Q1
LIMRA Ranking
Ranked 1st • Total Annuity Sales, with $8.6 billion. Q1 2023.
About Athene Holding Ltd.
Established in 2009, Athene Holding Ltd., headquartered in Pembroke, Bermuda, issues, reinsures and acquires retirement savings products designed for individuals and institutions seeking to fund retirement needs. The company came into prominence post the 2008 financial crisis, providing solutions for the annuity and pension plan marketplace.
Athene has a diverse suite of retirement solutions including retail and institutional fixed and indexed annuities. Athene’s institutional products, such as funding agreements and pension risk transfer strategies, provide secure investment returns to policyholders and are integral to the risk management strategies of corporations.
