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Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Athene Annuity First To Market With Enhanced Repetitive Payout Service From Infosys McCamish Systems, An Infosys BPO Company

Stocks in this article: INFY

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About Athene Annuity

A subsidiary of Bermuda-based Athene Holding Ltd., Athene Annuity & Life Assurance Company provides income solutions that help Americans prepare for retirement. For over a century, Athene Annuity has earned the trust of its policyholders through financial stability, integrity and service. Its main administrative office is in Greenville, S.C. For more information, please visit www.AtheneAnnuity.com.

About Athene Holding Ltd.

Athene and its subsidiaries are focused on the retirement savings market. Athene’s principal subsidiaries include Athene Annuity & Life Assurance Company and Athene Life Insurance Company, which are Delaware-domiciled insurance companies, Presidential Life Insurance Company, a New York-domiciled insurance company, and Athene Life Re Ltd., a Bermuda-based reinsurer.

Athene was formed in 2008 by James R. Belardi, formerly President of SunAmerica Life Insurance Company and Chief Investment Officer of AIG Retirement Services, Inc. and Chip Gillis, former head of Bear Stearns’ Insurance Solutions Group. Athene was initially funded by an affiliate of Apollo Global Management, LLC (NYSE: APO) to provide solutions to the growing need for tax efficient savings vehicles to support retiring baby boomers. The products offered by the Athene Companies include:

  • Retail fixed and equity indexed annuity products
  • Institutional products, such as funding agreements
  • Co-insurance and reinsurance arrangements with third party life insurance and annuity providers

Athene had $19.5 billion of GAAP assets and $2.2 billion of GAAP equity at March 31, 2013.

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