Athene Annuity and Life Insurance Company

Athene Annuity Guides

Shelf wood

Athene Annuity & Life Insurance Company is a leading provider of products in the retirement savings market. Athene has an A rating from AM Best and was founded in 1896.

Athene surpassed Allianz Life as the #1 Provider of Fixed Index Annuities in 2020, based on total U.S. Individual Fixed Index Annuity Sales. They also own the Athene Annuity & Life Assurance Company of New York which issues their annuity products in the state of New York.

In addition to issuing its own annuity contracts, Athene is also one of the nation’s top re-insurer’s of other insurers’ existing blocks of annuity business.

As of June 2020, they had just over $65 Billion in assets; our Athene Financial Profile report contains its credit ratings and information regarding the company’s financial holdings.

Athene Annuity Ratings 2022

7700 Mills Civic Parkway
West Des Moines, IA 50266

Group Affiliation: Athene Life Group
State of Domicile: Iowa
NAIC Company Code: 61689
Year Founded: 1896

The pie chart below lists Athene’s invested asset distribution. As you can see they hold 67.8% of their assets in bonds and 19.2% in mortgages. 

The percentage allocated to mortgages is much higher than most insurance companies. The bar chart shows their 5-year investment yields going back to 2015.

Athene Investment Holding's

Non-Performing Assets

Athene non performing assets

Bond Quality

Athene bond quality - pie chart showing distribution of bond classes

Athene Non-Performing Assets & Bond Quality

Invested Asset Distribution

5 Year Investment Yields

Athene is rated A by A.M. Best and has a Comdex score of 78. The table below lists Athene Annuity Ratings including Standard & Poor’s, Fitch, Weiss, and AM Best ratings as well as their Comdex score.

For more in-depth Athene Rating and Financial Information scroll to the bottom of this page to the bookshelf and open the Athene Financial Profile flipbook.

Athene Annuity RatingsRating
A.M. Best Rating A
Fitch Ratings A
Comdex 78
Standard & Poor's A

Learn more about what these financial ratings mean

Average Rate of Return for Anthene Index Annuities

Athene Best Stock Market Index Options and Crediting OptionsBestRecentWorst
Athene Performance Elite 7
2-Year Nasdaq FC PT P Participation Rate
Athene Performance Elite 7 Plus
2-Year Nasdaq FC PT P Participation Rate
Bonus: 5% Rider fee: 0.95%
Athene Performance Elite 10
2-Year Nasdaq FC PT P Participation Rate
10 surrender yrs Bonus: 2%
Athene Performance Elite 10 Plus
2-Year Nasdaq FC PT P Participation Rate
Bonus: 8% Rider fee: 0.95%
Ascent Pro 10
2-Year Nasdaq FC PT P Participation Rate
10 surrender yrs Rider fee: 1%

Athene Annuity Reviews

If you are considering purchasing an Athene annuity you may find one of the below Athene reviews to be helpful. The Athene Agility 10 comes with a built-in income rider at no cost and is a good choice for someone wanting a lifetime income. 

Meanwhile, the Performance Elite 7 is a good choice for safe accumulation.

Athene Annuity Rates

Athene Annuities

Fixed Index Annuities

Fixed Annuities

  • MaxRate Fixed Annuity 3, 5 and 7 years available.
  • Get An Athene Annuity Quote

    Available Stock Market Indexes/ Available

    Discover everything you need to know about the indices that power Athene fixed indexed annuities. For index availability, please refer to the applicable Product Guide, Certificate of Disclosure, or Prospectus.


    BNP Paribas Multi Asset Diversified 5 Index

    Ticker Symbol: BNPIMAD5

    A dynamic and diversified index from a global banking powerhouse.
    Eight underlying components including equity futures, bond futures, and commodity indices provide exposure to a range of asset classes across three geographic regions. 

    A volatility feature targets a volatility level of 5%. Rebalanced daily.1

     Nasdaq FC Index

    Ticker Symbol: BOFANFCC

    Capitalize on growth potential in one of the world’s preeminent technology indices.
    Patent-pending FC technology is designed to adapt to constantly changing economic conditions more quickly and efficiently than traditional volatility control mechanisms. 

    The Nasdaq FC Index applies this capability to the stocks in the Nasdaq-100.

    It aims to increase returns by rebalancing throughout the day to manage exposure to the Nasdaq-100. The Nasdaq FC Index strives to realize growth potential by targeting 12.5% annualized volatility.1,2 Returns are subject to a 4% monthly cap.

     AI-Powered US Equity Index

    Ticker Symbol: AIPEX

    Choose a smart large-cap equity strategy built by IBM Watson.®

    Each month, AiPEX selects approximately 250 equity stocks from the 1,000 largest U.S. companies using a scoring system that evaluates financial health and management strength as well as market sentiment, and economic and geopolitical risks. 

    It then weights each company, assigning the largest weight to those with the highest scores.

    AiPEX reacts daily to changing market conditions, reducing the impact of short-term volatility by adjusting exposure to the underlying stocks. The index manages a 6% daily volatility target.1


    MSCI EAFE Index

    Ticker Symbol: MXEA

    The Index is widely used as a benchmark and as the basis for index-linked financial products.

    The MSCI EAFE Index is designed to represent the performance of large and mid-cap securities across 21 developed markets, including countries in Europe, Australasia, and the Far East, excluding the U.S. and Canada. 

    The Index is available for several regions, and market segments/sizes, and covers approximately 85% of the free float-adjusted market capitalization in each of the 21 countries.


    Russell 2000® Index

    Ticker Symbol: RUT

    The Russell 2000 is an important bellwether of the American economy because it measures the performance of smaller, domestically focused businesses.

    The Russell 2000 index is a commonly used benchmark for mutual funds that identify themselves as “small-cap,” much like the S&P 500 index is used to benchmark large-capitalization stocks.

    Mutual fund investors favor the Russell 2000 index because it reflects the investment opportunity presented by the entire market rather than opportunities offered by narrower indices, which may contain bias or more stock-specific risk that can distort a fund manager’s performance.


    S&P 500®

    Ticker Symbol: MAX

    The benchmark index of large-cap U.S. equities from a top global resource of indexed-based concepts.

    Widely regarded as the best single gauge of large-cap U.S. equities, the S&P 500® captures approximately 80% of available market capitalization.


    S&P 500 Daily Risk Control 2 8%TM Index (Total Return)

    Ticker Symbol: SPX8UN2

    Strives to deliver stable, risk-adjusted returns in all environments.

    Represents a portfolio of the S&P 500® plus a liquid bond index. This volatility control index targets a volatility level of 8%.1 Rebalanced daily.


    S&P 500 Daily Risk Control 5% Index (Total Return)

    Ticker Symbol: SPXT5UT

    Strives to deliver stable, risk-adjusted returns in all environments.
    Represents a portfolio of the S&P 500® plus a liquid bond index. This volatility control index targets a volatility level of 5%.1 Rebalanced daily.


    Janus SG Market Consensus Index

    Ticker Symbol: SGMDJMCI

    Unlocking growth potential using the wisdom of the crowd.

    The index strategy features a performance engine designed by Janus Henderson® Investors based on analyst price targets and past dividends to select the stocks with the best growth potential among the largest US-listed companies.

    A volatility feature targets a volatility level of 20%. A Performance Control Mechanism limits growth monthly in return for potentially higher participation rates.

    The implementation of the strategy is completely rules-based and there is no human component eliminating the possibility of veering off from its indexing strategy.

    Athene Contact Information

    Overnight Address:

    Athene USA
    7700 Mills Civic Parkway
    West Des Moines Iowa, 50266

    Annuity Phone Numbers:

    888-ANNUITY (888-266-8489)
    8:00 a.m. – 5:00 p.m. CT, Monday – Friday

    Fax Number: 866-709-3922

    Athene Annuity Individual Login

    Athene Advisor Login at Athene Connect

    Frequently Asked Questions

    Athene Index annuities allow you to allocate your money among one or more of the available interest crediting strategies at the end of each crediting term (annually or semi-annually depending on the strategy you select).

    Apollo Completed Merger with Athene; Finalizing Key Governance Enhancements on January 03, 2022.

    Apollo, together with certain of its related parties and employees, owns approximately 35% of the outstanding Athene class A common shares.

    Founded in 2009, Athene also serves as Apollo’s partner insurance company and had total assets worth $202.8 billion at the end of 2020, with operations in the United States, Bermuda, and Canada.

    Athene is a financially strong life insurance company with an A rating from AM Best, Fitch, and Standard and Poors. In 2020 Athene was #1 in U.S. fixed index annuity sales after placing 2nd the previous two years.

    Related Articles

    Ibexis myga plus annuity
    Annuities 101

    Compound Interest Calculator

    How to Use a Compound Interest Calculator Compound (compounding) interest plays a very important role in financial planning. Our compound interest calculator is a very

    10 best fixed index annuity companies with 100 dollar bill being pulled from stock charts
    Fixed Index Annuity

    10 Best Fixed Index Annuity Companies 2022

    The best annuity for you will be determined by your individual goals and objectives, but generally speaking, Allianz, Athene, and AIG are the best fixed index annuity companies. 

    Fixed index annuity pros and cons my annuity store, inc. Hourglass with my annuity store logo and a jar of cash sitting on a table.
    Fixed Index Annuity

    Fixed Index Annuity Pros and Cons

    Our guide to Fixed Index Annuity Pros and cons is transparent and unbiased – learn everything most advisors won’t or don’t tell you.

    Retirement calculators

    Retirement Calculators

    Retirement Calculators Home Free Retirement Calculators You Can Use JourneyGuide Retirement Calculator Holistic Financial Planning Calculator Retirement Age Calculator What age can I retire? Retirement

    As Seen On:

    Nbc logo
    Abc logo
    Fox logo
    Marketwatch logo
    Investopedia logo
    Cbs logo

    Get a Free
    Annuity Quote

    My Annuity Store, Inc. BBB Business Review