Welcome to our dedicated page for Athene Hldg news (Ticker: ATH), a resource for investors and traders seeking the latest updates and insights on Athene Hldg stock.
Athene Holding Ltd. (ATH) is a leading provider of retirement services, offering innovative solutions for retirement income and savings products across global markets. This page serves as the definitive source for official announcements, financial updates, and strategic developments impacting the company's trajectory.
Investors and industry observers will find timely access to earnings reports, product launches, leadership updates, and regulatory filings. Our curated news collection enables informed analysis of Athene's market position in the retirement services sector, including its corporate solutions and risk management practices.
Key updates include developments in annuity product offerings, strategic partnerships, and financial performance metrics. Bookmark this page to monitor how Athene's global operations and asset management strategies evolve in response to demographic trends and regulatory changes.
Athene Holding Ltd. (NYSE: ATH) has announced a definitive agreement to acquire Foundation Home Loans (FHL), a UK mortgage lender, from Fortress Investment Group affiliates. As of June 2021, FHL managed a £3 billion mortgage portfolio. This strategic move aims to enhance Athene's asset sourcing capabilities and provide attractive investment opportunities in residential mortgage loans. The acquisition is subject to regulatory approvals, including consent from the Financial Conduct Authority.
Athene Holding Ltd. (NYSE: ATH) will release its financial results for Q2 2021 on August 5, 2021, prior to market open. A conference call is scheduled for 10:00 a.m. ET on the same day to review the results. As of March 31, 2021, the company reported total assets of $205.7 billion. The financial supplement and earnings presentation will be accessible on the company's investor relations website.
For further inquiries, investors can contact Noah Gunn at +1 441 279 8534 or via email.
Athene Holding Ltd. (NYSE:ATH) announced on July 6, 2021, its agreement to acquire a 15% minority stake in Challenger Limited (ASX:CGF) for approximately A$720 million (about US$540 million). This acquisition, pending regulatory approval for 3%, will increase Athene's total interest in Challenger to 18%. Challenger, a leader in Australia's retirement market, manages A$104 billion in assets. Athene aims to leverage this partnership to support Challenger's growth and enhance its own presence in the Australian market.
Athene Holding Ltd. (NYSE: ATH) announced that CEO James Belardi will participate in a panel discussion titled "Executive Perspectives: Views from Life Insurance CEOs" at the S&P Global Ratings' 37th Annual Insurance Conference on June 9, 2021, at 11 a.m. ET. The event will be held online, and registration is complimentary for attendees. Athene, with total assets of $205.7 billion as of March 31, 2021, operates in the U.S., Bermuda, and Canada, providing retirement services to help customers achieve financial security.
AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb+” to Athene Holding Ltd.'s recently issued $500 million 3.95% senior unsecured notes due May 25, 2051, with a stable outlook. The proceeds will support general corporate purposes, including investment opportunities and growth. Athene's existing ratings remain unchanged, reflecting stable proforma financial leverage and interest coverage metrics.
Athene Holding Ltd. (NYSE: ATH) reported robust financial results for Q1 2021, marking record profitability with $8.2 billion in gross organic inflows. This performance reflects a 16% annual increase in adjusted book value since its inception. The CEO highlighted the success of their alternative investment portfolio, which generated record income. Additionally, Athene is poised for future growth following a strategic merger announcement with Apollo Global Management in March 2021. The company holds total assets of $205.7 billion as of March 31, 2021.
Athene Holding Ltd. (NYSE: ATH) will release its financial results for Q1 2021 on May 7, 2021, before the NYSE opens. A conference call to discuss the results will take place the same day at 10:00 a.m. ET. Interested parties can access the news release and related materials on Athene's investor relations website. As of December 31, 2020, Athene reported total assets of $202.8 billion. The company has a commitment to provide financial security solutions for customers across multiple regions.
Athene Holding Ltd. (NYSE: ATH) has published its 2020 Corporate Social Responsibility (CSR) Report, highlighting its commitment to responsible business practices and stakeholder value. In 2020, the company donated over $2.5 million to various causes, contributed 3,000 hours through employee volunteering, and pledged $1.9 million to the Bermuda College Foundation. Athene formed a CSR Committee and established goals for Diversity, Equity, and Inclusion (DEI), aiming to improve workplace diversity and create a more inclusive culture.
Athene Holding Ltd. (NYSE: ATH) announced the successful completion of a significant pension risk transfer transaction involving JCPenney's pension plan, valued at $2.8 billion. This deal enables Athene's subsidiaries to provide annuity benefits for approximately 30,000 participants of JCPenney’s pension plan. The transaction, finalized in March 2021, aims to secure retirement benefits for participants amid JCPenney's restructuring efforts. Since entering the pension risk transfer market, Athene has facilitated over $18.5 billion in transactions for more than 300,000 annuitants.
Hertz Global Holdings announced the sale of its subsidiary, Donlen Corporation, to Athene Holding Ltd for $891 million. This strategic move aims to enhance Donlen’s growth and operational capabilities under Athene’s long-term investment. With over $200 billion in assets, Athene is positioned to support Donlen's expansion in fleet management services. Hertz's CEO emphasized this sale as a significant step in the company's financial restructuring, indicating progress in its operational initiatives.
