AI English summary of an SEC filing — figures as filed
Apollo Global Management said AM Best upgraded the financial strength rating of Athene Holding Ltd.'s primary insurance subsidiaries (the Athene Group) from "A" (Excellent) to "A+" (Superior) on June 20, 2024.
Key points
AI summaryApollo Global Management said AM Best upgraded the financial strength rating of Athene Holding Ltd.'s primary insurance subsidiaries (the Athene Group) from "A" (Excellent) to "A+" (Superior) on June 20, 2024.
The company said AM Best upgraded the Athene Group's long-term issuer credit rating from "a+" (Excellent) to "aa-" (Superior).
Apollo said AM Best upgraded the long-term issuer credit rating of Athene Holding Ltd. (AHL) from "bbb+" (Good) to "a-" (Excellent). AHL is a subsidiary of the company.
The company said the Athene Group includes Athene Annuity & Life Assurance Company, Athene Annuity and Life Company, Athene Annuity & Life Assurance Company of New York, and Athene Annuity Re Ltd.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
AM Best Upgrades Athene Group Financial Strength Rating
Apollo Global Management said AM Best upgraded the financial strength rating of Athene Holding Ltd.'s primary insurance subsidiaries (the Athene Group) from "A" (Excellent) to "A+" (Superior) on June 20, 2024.
Source · Based on the filing body and exhibits
AM Best Upgrades Athene Group Long-Term Issuer Credit Rating
The company said AM Best upgraded the Athene Group's long-term issuer credit rating from "a+" (Excellent) to "aa-" (Superior).
Source · Based on the filing body and exhibits
AM Best Upgrades Athene Holding Ltd. Long-Term Issuer Credit Rating
Apollo said AM Best upgraded the long-term issuer credit rating of Athene Holding Ltd. (AHL) from "bbb+" (Good) to "a-" (Excellent). AHL is a subsidiary of the company.
Source · Based on the filing body and exhibits
Rated Insurance Subsidiaries Affected by Upgrade
The company said the Athene Group includes Athene Annuity & Life Assurance Company, Athene Annuity and Life Company, Athene Annuity & Life Assurance Company of New York, and Athene Annuity Re Ltd.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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