Athene Holding Ltd
For the period ended Dec 31, 2024. Filed Feb 24, 2025.
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FY2024 · Filed Feb 24, 2025
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)
| Years ended December 31, | |||
|---|---|---|---|
| (In millions) | 2024 | 2023 | 2022 |
| Revenues | |||
| Premiums (related party: 2024 – $20, 2023 – $17 and 2022 – $261) | $1,318 | $12,749 | $11,638 |
| Product charges (related party: 2024 – $29, 2023 – $40 and 2022 – $41) | 1,016 | 848 | 718 |
| Net investment income (related party investment income: 2024 – $1,648, 2023 – $1,636 and 2022 – $1,403; and related party investment expense: 2024 – $1,269, 2023 – $987 and 2022 – $775) | 14,481 | 11,130 | 7,571 |
| Investment related gains (losses) (related party: 2024 – $20, 2023 – $18 and 2022 – $(1,670)) | 2,045 | 1,428 | (12,706) |
| Other revenues (related party: 2024 – $15, 2023 – $569 and 2022 – $0) | 19 | 591 | (28) |
| Revenues of consolidated variable interest entities | |||
| Net investment income (related party: 2024 – $63, 2023 – $40 and 2022 – $19) | 282 | 257 | 111 |
| Investment related gains (losses) (related party: 2024 – $1,578, 2023 – $1,227 and 2022 – $542) | 1,528 | 1,191 | 319 |
| Total revenues | 20,689 | 28,194 | 7,623 |
| Benefits and expenses | |||
| Interest sensitive contract benefits (related party: 2024 – $(62), 2023 – $171 and 2022 – $19) | 8,949 | 6,229 | 538 |
| Future policy and other policy benefits (related party: 2024 – $23, 2023 – $46 and 2022 – $291; and remeasurement (gains) losses: 2024 – $(16), 2023 – $(53) and 2022 – $(15)) | 3,054 | 14,434 | 12,465 |
| Market risk benefits remeasurement (gains) losses (related party: 2024 – $(22), 2023 – $32 and 2022 – $(122)) | (102) | 404 | (1,657) |
| Amortization of deferred acquisition costs, deferred sales inducements and value of business acquired | 941 | 688 | 444 |
| Policy and other operating expenses (related party: 2024 – $71, 2023 – $142 and 2022 – $246) | 2,213 | 1,848 | 1,495 |
| Total benefits and expenses | 15,055 | 23,603 | 13,285 |
| Income (loss) before income taxes | 5,634 | 4,591 | (5,662) |
| Income tax expense (benefit) | 730 | (1,161) | (646) |
| Net income (loss) | 4,904 | 5,752 | (5,016) |
| Less: Net income (loss) attributable to noncontrolling interests | 1,443 | 1,087 | (2,106) |
| Net income (loss) attributable to Athene Holding Ltd. stockholders | 3,461 | 4,665 | (2,910) |
| Less: Preferred stock dividends | 181 | 181 | 141 |
| Net income (loss) available to Athene Holding Ltd. common stockholder | $3,280 | $4,484 | $(3,051) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.