Athene Annuity Review: Strengths, Watch-outs, and Who It Fits (not live)

Example content created during the Phase 2 migration. Ratings and numbers below are illustrative; confirm current ratings with the source before making any decision.

Who Athene is

Athene is one of the largest issuers of fixed and fixed indexed annuities in the United States. It is domiciled in Iowa and majority-owned by Apollo Global Management, which supplies much of its investment management. The asset-liability model leans heavily on alternative credit — a notable feature for buyers comparing carriers.

Financial-strength ratings

Ratings quoted above reflect the most recent reports available at the time of writing. Ratings change; always pull the current opinion before relying on it.

Product bench

Athene’s consumer lineup spans FIAs (accumulation and income variants), MYGAs, and SPIAs. The accumulation-focused FIAs are the most frequently compared on rate; the income-focused FIAs use guaranteed lifetime withdrawal benefit riders with their own fee and roll-up mechanics.

Where Athene fits

• Good fit: An accumulation buyer who wants a large, well-rated carrier with a competitive cap at issue and an acceptable renewal track record.
• Think twice: A buyer who needs short liquidity — several FIAs have long surrender schedules.

Bottom line

Strong financial-strength profile, deep product bench, and generally competitive caps. The usual FIA caveats apply: renewal behavior and the specific surrender schedule matter more than the teaser number on any single contract.