Athene Holding Ltd
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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FY2023 · Filed Feb 27, 2024
ATHS$23.15-1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Income (Loss)
| Successor · Predecessor | |||
|---|---|---|---|
| (In millions) | Year ended December 31, 2023 | Year ended December 31, 2022 | Year ended December 31, 2021 |
| Revenues | |||
| Premiums (related party: 2023 – $17, 2022 – $261 and 2021 – $298) | $12,749 | $11,638 | $14,262 |
| Product charges (related party: 2023 – $40, 2022 – $41 and 2021 – $43) | 848 | 718 | 621 |
| Net investment income (related party investment income: 2023 – $1,636, 2022 – $1,403 and 2021 – $2,497; and related party investment expense: 2023 – $987, 2022 – $775 and 2021 – $592) | 11,130 | 7,571 | 7,100 |
| Investment related gains (losses) (related party: 2023 – $18, 2022 – $(1,670) and 2021 – $221) | 1,428 | (12,706) | 4,215 |
| Other revenues (related party: 2023 – $569, 2022 – $0 and 2021 – $22) | 591 | (28) | 72 |
| Revenues of consolidated variable interest entities | |||
| Net investment income (related party investment income: 2023 – $40, 2022 – $19 and 2021 – $1) | 257 | 111 | 77 |
| Investment related gains (losses) (related party: 2023 – $1,227, 2022 – $542 and 2021 – $31) | 1,191 | 319 | (27) |
| Total revenues | 28,194 | 7,623 | 26,320 |
| Benefits and expenses | |||
| Interest sensitive contract benefits (related party: 2023 – $171, 2022 – $19 and 2021 – $392) | 6,229 | 538 | 4,442 |
| Future policy and other policy benefits (related party: 2023 – $46, 2022 – $291 and 2021 – $365; and remeasurement (gains) losses: 2023 – $(53), 2022 – $(15) and 2021 – $0) | 14,434 | 12,465 | 15,734 |
| Market risk benefits remeasurement (gains) losses (related party: 2023 – $32, 2022 – $(122) and 2021 – $0) | 404 | (1,657) | — |
| Amortization of deferred acquisition costs, deferred sales inducements and value of business acquired | 688 | 444 | 830 |
| Policy and other operating expenses (related party: 2023 – $142, 2022 – $246 and 2021 – $51) | 1,848 | 1,495 | 1,128 |
| Total benefits and expenses | 23,603 | 13,285 | 22,134 |
| Income (loss) before income taxes | 4,591 | (5,662) | 4,186 |
| Income tax expense (benefit) | (1,161) | (646) | 386 |
| Net income (loss) | 5,752 | (5,016) | 3,800 |
| Less: Net income (loss) attributable to noncontrolling interests | 1,087 | (2,106) | (59) |
| Net income (loss) attributable to Athene Holding Ltd. stockholders | 4,665 | (2,910) | 3,859 |
| Less: Preferred stock dividends | 181 | 141 | 141 |
| Net income (loss) available to Athene Holding Ltd. common stockholders | $4,484 | $(3,051) | $3,718 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.