ATHENE ANNUITY & LIFE CO
Major Rating Factors:
Fair capitalization (3.1 on a scale of 0 to 10) based on fair risk adjusted capital (moderate loss scenario). Fair liquidity (3.7) as cash from operations and sale of marketable assets may not be adequate to cover a spike in claims or a run on policy withdrawals. Fair overall results on stability tests (3.1) including weak risk adjusted capital in prior years.
Other Rating Factors:
Low quality investment portfolio (2.8). Weak profitability (2.0) with operating losses during the first six months of 2022.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
G - Fast asset or premium growth.
I - Past results on our Investment Safety Index.
L - Past results on our liquidity tests.
Principal Lines of Business:
Group annuities (74.1%), ind annuities (25.8%)
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
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