ATHENE ANNUITY & LIFE CO
Major Rating Factors:
Weak profitability (2.8 on a scale of 0 to 10). Excellent expense controls. Return on equity has been low, averaging -8.5%. Weak overall results on stability tests (2.3) including weak risk adjusted capital in prior years, weak results on operational trends and negative cash flow from operations for 2024. Fair quality investment portfolio (3.0).
Other Rating Factors:
Good capitalization (5.3) based on good risk adjusted capital (moderate loss scenario). Excellent Liquidity (7.1).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
F - Negative cash flow.
G - Fast asset or premium growth.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (97.6%), group annuities (2.4%)
Licensed in:
All states except NY
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
BRH Holdings GP Ltd
Investment Rating
--
Company Address
7700 MILLS CIVIC PARKWAY
WEST DES MOINES, IA 50266
WEST DES MOINES, IA 50266
Phone Number
(888) 266-8489
NAIC Number
61689
Website
Largest Affiliates