Athene Holding Ltd. Files 2023 Annual Report on Form 10-K

TL;DR

<b>Athene Holding Ltd. has submitted its comprehensive 2023 annual report (10-K) detailing its financial performance and operations.</b>

AI Summary

Athene Holding Ltd. (ATH-PE) filed a Annual Report (10-K) with the SEC on February 27, 2024. Athene Holding Ltd. filed its 2023 Form 10-K on February 27, 2024. The filing covers the fiscal year ending December 31, 2023. The company's principal business address is 7700 Mills Civic Parkway, West Des Moines, IA. Athene Holding Ltd. is classified under Life Insurance (SIC 6311). The filing includes data related to various preferred stock series (A, B, C, D, E) for the fiscal year 2023.

Why It Matters

For investors and stakeholders tracking Athene Holding Ltd., this filing contains several important signals. This 10-K filing provides a detailed overview of Athene's financial health, operational strategies, and risk factors for the fiscal year 2023, crucial for investors assessing the company's stability and future prospects. The report's disclosures on preferred stock series and fair value measurements offer insights into the company's capital structure and asset valuation methods, important for understanding its financial position.

Risk Assessment

Risk Level: medium — Athene Holding Ltd. shows moderate risk based on this filing. The company operates in the life insurance sector, which is subject to significant regulatory oversight and market fluctuations, as indicated by its SIC code and the nature of its business.

Analyst Insight

Investors should review the detailed financial statements and risk factors in the 10-K to understand Athene's performance and potential challenges in the life insurance market.

Key Numbers

• 2023-12-31 — Fiscal Year End (Report period)
• 2024-02-27 — Filing Date (Date of submission)
• 10-K — Form Type (Type of filing)
• 001-37963 — SEC File Number (SEC registration number)

Key Players & Entities

• Athene Holding Ltd. (company) — Filer name
• 2024-02-27 (date) — Filing date
• 2023-12-31 (date) — Fiscal year end
• 7700 Mills Civic Parkway (address) — Business address
• West Des Moines (location) — Business address city
• IA (location) — Business address state
• 50266 (postal_code) — Business address zip
• LIFE INSURANCE (industry) — Standard Industrial Classification

FAQ

Risk Factors

• Regulatory Environment [medium — regulatory]: The company operates within a highly regulated insurance industry, subject to state and federal laws and regulations that can impact its business operations and financial results.
• Market Risks [medium — market]: Fluctuations in economic conditions, interest rates, and competitive pressures within the life insurance and retirement services markets can adversely affect the company's profitability and growth.
• Investment Risks [medium — financial]: The company's financial performance is significantly influenced by the performance of its investment portfolio, which is subject to market volatility and credit risks.

Key Dates

• 2024-02-27: 10-K Filing — Submission of the annual report for the fiscal year 2023.

Filing Documents

• ahl-20231231.htm (10-K) — 8986KB
• q42023exhibit47.htm (EX-4.7) — 119KB
• q42023exhibit10103.htm (EX-10.10 3) — 36KB
• q42023exhibit10122.htm (EX-10.12 2) — 35KB
• q42023exhibit1018.htm (EX-10.18) — 42KB
• q42023exhibit1019.htm (EX-10.19) — 34KB
• q42023exhibit1037.htm (EX-10.37) — 97KB
• q42023exhibit211.htm (EX-21.1) — 29KB
• q42023exhibit231.htm (EX-23.1) — 2KB
• q42023exhibit232.htm (EX-23.2) — 2KB
• q42023exhibit311.htm (EX-31.1) — 10KB
• q42023exhibit312.htm (EX-31.2) — 10KB
• q42023exhibit321.htm (EX-32.1) — 4KB
• q42023exhibit322.htm (EX-32.2) — 4KB
• q42023exhibit971.htm (EX-97.1) — 31KB
• ahl-20231231_g1.jpg (GRAPHIC) — 153KB
• ahl-20231231_g2.jpg (GRAPHIC) — 14KB
• ahl-20231231_g3.jpg (GRAPHIC) — 10KB
• ahl-20231231_g4.jpg (GRAPHIC) — 9KB
• ahl-20231231_g5.jpg (GRAPHIC) — 9KB
• ahl-20231231_g6.jpg (GRAPHIC) — 9KB
• ahl-20231231_g7.jpg (GRAPHIC) — 9KB
• ahl-20231231_g8.jpg (GRAPHIC) — 369KB
• athene-logo_rgba.jpg (GRAPHIC) — 153KB
• 0001527469-24-000021.txt (&nbsp;) — 42776KB
• ahl-20231231.xsd (EX-101.SCH) — 130KB
• ahl-20231231_cal.xml (EX-101.CAL) — 195KB
• ahl-20231231_def.xml (EX-101.DEF) — 1501KB
• ahl-20231231_lab.xml (EX-101.LAB) — 1804KB
• ahl-20231231_pre.xml (EX-101.PRE) — 1764KB
• ahl-20231231_htm.xml (XML) — 9153KB

Business

Business 9 Item 1A.

Risk Factors

Risk Factors 42 Item 1B. Unresolved Staff Comments 62 Item 1C. Cybersecurity 62 Item 2.

Properties

Properties 63 Item 3.

Legal Proceedings

Legal Proceedings 63 Item 4. Mine Safety Disclosures 63 PART II Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 64 Item 7.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 65 Item 7A.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 113 Item 8.

Financial Statements

Financial Statements 117 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 195 Item 9A.

Controls and Procedures

Controls and Procedures 195 Item 9B. Other Information 195 PART III Item 10. Directors, Executive Officers and Corporate Governance 196 Item 11.

Executive Compensation

Executive Compensation 205 Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 219 Item 13. Certain Relationships and Related Transactions, and Director Independence 221 Item 14. Principal Accountant Fees and Services 232 PART IV Item 15. Exhibits, Financial Statement Schedules 233 Table of Contents As used in this Annual Report on Form 10-K (report), unless the context otherwise indicates, any reference to "Athene," "our Company," "the Company," "us," "we" and "our" refer to Athene Holding Ltd. together with its consolidated subsidiaries and any reference to "AHL" refers to Athene Holding Ltd. only.

Forward-Looking Statements

Forward-Looking Statements Certain statements in this report are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (Securities Act) and Section 21E of the Securities Exchange Act of 1934, as amended (Exchange Act). You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as "anticipate," "estimate," "expect," "project," "plan," "intend," "seek," "assume," "believe," "may," "will," "should," "could," "would," "likely" and other words and terms of similar meaning, including the negative of these or similar words and terms, in connection with any discussion of the timing or nature of future operating or financial performance or other events. However, not all forward-looking statements contain these identifying words. Forward-looking statements appear in a number of places throughout and give our current expectations and projections relating to our business, financial condition, results of operations, plans, strategies, objectives, future performance and other matters. We caution you that forward-looking statements are not guarantees of future performance and that our actual consolidated financial condition, results of operations, liquidity, cash flows and performance may differ materially from that made in or suggested by the forward-looking statements contained in this report. A number of important factors could cause actual results or conditions to differ materially from those contained or implied by the forward-looking statements, including the risks discussed in Item 1A. Risk Factors . Factors that could cause actual results or conditions to differ from those reflected in the forward-looking statements contained in this report include: the accuracy of management's assumptions and estimates; variability in the amount of statutory capital that our insur

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View this 10-K filing on SEC EDGAR