What kind of insurance is Athene?

life insurance
Though Athene Annuity & Life Company used to sell life insurance policies, the company now only offers individual and group annuities….Competition.

Where is Athene insurance company located?

West Des Moines, IA
Company Description: Athene USA Corporation is located in West Des Moines, IA, United States and is part of the Insurance Carriers Industry. Athene USA Corporation has 1,400 total employees across all of its locations and generates $1.96 billion in sales (USD).

What does the company Athene do?

About Athene Holding Ltd Athene Holding Ltd is a retirement services company. The Company issues, reinsures and acquires retirement savings products. It operates through the Retirement Services segment.

Who bought Athene insurance?

Apollo Global
(Reuters) – Apollo Global Management Inc said on Monday it will merge with Athene Holding Ltd in an $11 billion all-stock deal, bringing in-house an annuities provider that helped turn it into one of the world’s largest corporate credit investors.

Is Athene a good company?

Financial Strength: A (Excellent) Athene Annuity received an A (Excellent) rating from AM Best, affirming its financial strength. This rating means that Athene Annuity is in a good financial position to pay out their guaranteed annuity contracts, giving customers peace of mind when purchasing from them.

How does Athene make money?

Athene profits by investing the up-front payments, betting it will earn more than it needs to pay out and can keep the “spread.” “We consistently outperform the asset side of our balance sheet,” Belardi said on a call with investors Monday. “It’s a good investment product for near-retirees. That product is growing.

Is Athene a reputable company?

Athene Annuity received an A (Excellent) rating from AM Best, affirming its financial strength. This rating means that Athene Annuity is in a good financial position to pay out their guaranteed annuity contracts, giving customers peace of mind when purchasing from them.

How much does a 100000 annuity pay per month?

How Much Income Does An Annuity Pay You Per Month? A $100,000 Annuity would pay you $521 per month for the rest of your life if you purchased the annuity at age 65 and began taking your monthly payments in 30 days.

What is the rating on Athene Annuity?

Athene is rated A by A.M. Best and has a Comdex score of 78.

Can you lose money in an indexed annuity?

You Can Lose Money While indexed annuities are considered more conservative than variable annuities—and make a selling point of their guaranteed return—they nonetheless carry risks. One is if you need to get out of the contract early because of a financial emergency or other pressing need.

How do I withdraw money from Athene?

You may also request a withdrawal by calling our Customer Contact Center, or completing a withdrawal form found in our forms library. Withdrawals submitted using My Athene or requested over the phone are processed in 1–2 business days.

How long has Athene been around?

2009
Since it commenced operations in 2009, Athene has experienced tremendous growth. Today, we are one of the largest fixed index annuity platforms in the United States, based on fixed indexed deferred annuity assets.

Who is Athene annuity?

Athene Annuity was founded in 2009 amid the financial crisis. It was created on the premise that the market was in need of a strong and reliable retirement company during a time of instability.

Is all life insurance the same?

No, all life insurance is not the same. There are many two main categories of life insurance and there are many differences within those categories as well as many variations depending on the company offering the life insurance. Further, there are different ways to manage your life insurance as well as different…

Is an annuity a type of life insurance?

A life annuity is an annuity, or series of payments at fixed intervals, paid while the purchaser (or annuitant) is alive. A life annuity is an insurance product typically sold or issued by life insurance companies.