ATHENE ANNUITY & LIFE ASR CO OF NY
Major Rating Factors:
Fair overall results on stability tests (4.5 on a scale of 0 to 10) including fair financial strength of affiliated BRH Holdings GP Ltd and negative cash flow from operations for 2022. Fair quality investment portfolio (4.4) with large holdings of BBB rated bonds in addition to moderate junk bond exposure. Good capitalization (6.7) based on good risk adjusted capital (severe loss scenario).
Other Rating Factors:
Weak profitability (2.5) with operating losses during 2022. Excellent Liquidity (9.6).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
F - Negative cash flow.
I - Past results on our Investment Safety Index.
Principal Lines of Business:
Group annuities (91.8%), ind annuities (7.6%), other (0.6%)
Licensed in:
All states except PR
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
69 LYDECKER STREET
PEARL RIVER, NY 10965
PEARL RIVER, NY 10965
Phone Number
(800) 926-7599
NAIC Number
68039
Website
Largest Affiliates