Athene Holding (ATH) Posts Q1 Loss of $0.60/Share
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Athene Holding Ltd. Reports First Quarter 2020 Results
May 8, 2020 6:59 AM EDTCompany Highlights
Strong capital and liquidity position with excess capital of $2.7 billion1 and $6.3 billion2 of total available liquidity Attractive economics in core business model, with high predictability in fixed income portfolio and liability base Strong organic growth of $3.9 billion, increasing 8% sequentially and underwritten to target returns or better Net invested assets grew to $121.2 billion, increasing 7% year-over-year, while maintaining high credit quality across the portfolio Closed strategic transaction with Apollo at the end of February, eliminating any impediments for inclusion in a major stock... More