- Business
- Athene Holding Ltd. (NYSE: ATH-PA) is a leading retirement services company that issues, reinsures, and acquires retirement savings products, including fixed annuities, fixed indexed annuities, registered index-linked annuities, immediate annuities, single premium immediate annuities, pension group annuities, funding agreements, flow reinsurance, and block reinsurance; it operates through retail and institutional channels serving individuals, financial professionals, corporations, and institutional investors in the United States, Bermuda, Canada, and Japan. Founded in 2009 and headquartered at 96 Pitts Bay Road in Pembroke, Bermuda, with key U.S. operations in West Des Moines, Iowa, the company maintains total assets of $430 billion as of September 30, 2025, and holds strong financial strength ratings from agencies including AM Best (A+), S&P (A+), Fitch (A+), and Moody's (A1). A subsidiary of Apollo Global Management following its 2022 merger, Athene sustains a separate capital structure as an issuer of senior and subordinated debt, preferred stock, and funding agreement-backed notes, while leveraging Apollo's asset management expertise for competitive investment returns. Recent developments include a March 2025 investment alongside Apollo and Motive Partners in ARS, a provider of guaranteed lifetime income technology for defined contribution markets; $29 billion in new funding agreement inflows during 2024; declaration of preferred stock dividends in October 2025; and ongoing organic growth in retail annuities, flow reinsurance, pension group annuities, and inorganic expansion via block reinsurance and acquisitions.