AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of "bbb" to the recently issued $500 million 6.150% senior unsecured notes due 2030 for Athene Holding Ltd. (Athene) (Bermuda) [NYSE:ATH]. The outlook assigned to this Credit Rating (rating) is positive. The existing ratings of Athene and its insurance subsidiaries remain unchanged.
Doug Niemann Appointed Chief Risk Officer at Athene Holding; John Rhodes Steps Down for Health Reasons
Athene Holding Ltd (ATH) delivered earnings and revenue surprises of 3650.00% and 37.35%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Athene Holding Ltd. (NYSE: ATH), a leading provider of retirement savings products, announced it will release financial results for the first quarter 2020 on Friday, May 8, 2020, before the opening of trading on the New York Stock Exchange. The news release, financial supplement, and earnings presentation will be available on the ir.athene.com website. Management will host a conference call to review Athene’s financial results on the same day at 10:00 a.m. ET.
Athene Holding Ltd. (ATH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
During the recent stock market downturn, investors sold shares of any company that has a connection to the life insurance industry, because they're likely assuming that this market downturn is similar to the one in 2008, suggests Crista Huff, editor of Cabot Undervalued Stocks Advisor.
Athene Prices $500 Million Investment Grade Notes Offering
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Athene to Host Investor Update Webcast and Conference Call on Wednesday, March 25, 2020
Athene Provides Explanatory Note on Recent Shelf Registration Statement
ATHENE HOLDING LTD. REPORTS FIRST QUARTER 2020 RESULTS
Potential Athene Holding Ltd. (NYSE:ATH) shareholders may wish to note that the Executive VP & CFO, Martin Klein...
Athene Holding Ltd agreed on Monday to pay a $45 million civil fine to settle charges it conducted insurance business in New York without a license, the first settlement in a probe into an industry where life insurers take over corporate pension plans. Linda Lacewell, superintendent of New York's Department of Financial Services, said Athene's unlicensed Athene Annuity & Life unit conducted 14 large pension risk transfer transactions covering tens of thousands of policy holders, and engaged in thousands of unauthorized communications with plan sponsors.
Investors need to pay close attention to Athene Holding (ATH) stock based on the movements in the options market lately.
ATH vs. MFC: Which Stock Is the Better Value Option?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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At this time, I would like to welcome everyone to the Athene first-quarter 2020 earnings conference call and webcast. Joining me this morning are Jim Belardi, chairman and CEO; Bill Wheeler, president; and Marty Klein, our chief financial officer.
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of "a" of the members of Athene Group (Athene). Athene, which is focused on the fixed indexed and fixed annuity market segments, is the consolidation of the organization’s U.S. operating companies, along with its affiliated reinsurance companies domiciled in Bermuda. Additionally, AM Best has affirmed the Long-Term ICR of "bbb", the existing Long-Term Issue Credit Ratings (Long-Term IRs) and the indicative Long-Term IRs of Athene Holding Ltd. (NYSE:ATH) (Bermuda). Athene Holding operates as the holding company for the U.S. and Bermuda operations. The outlook of the FSR remains stable, while the outlook of the Long-Term ICRs remain positive.
Athene Holding Ltd. (NYSE:ATH), which is in the insurance business, and is based in Bermuda, led the NYSE gainers with...