Athene USA Tops Rankings for Annuity Sales, Pension Group Annuity Volumes
13 March 2024 - 7:30AM
Athene USA (“Athene”), a leading provider of retirement savings
products, ranked number one in total annuity sales in LIMRA’s 2023
U.S. Retail Annuity Survey, with a record $35 billion.
Athene also ranked first in pension group annuity sales (PGA) in
2023, with $10.4 billion in total volume, according to LIMRA.
“The breadth and diversity of Athene’s organic channels continue
to differentiate us and drive market-leading results,” said Grant
Kvalheim, President of Athene. “In retail, our efforts to expand
distribution are bearing fruit, and our attractive product
offerings provide principal protection, strong accumulation, and
guaranteed income to retirees. With over 11,000 Americans turning
65 every day, our solutions address a fundamental and growing need
in the marketplace and help build remarkable retirements.”
The success of Athene’s pension group annuity business reflects
the firm’s financial strength, exclusive focus on the retirement
services market, high-quality investment portfolio and deep
expertise managing insurance liabilities and the assets that
support them. To date, Athene has helped to ensure the financial
security of over 550,000 plan participants through the pension risk
transfer process.
“Since the inception of our PGA business in 2017, we have
exceeded $50 billion in cumulative volume, a significant
achievement demonstrating our track record of providing de-risking
solutions to blue-chip clientele,” added Kvalheim.
About AtheneAthene is a leading retirement
services company with operations in the United States, Bermuda,
Canada, and Japan. Athene is focused on providing financial
security to individuals by offering an attractive suite of
retirement income and savings products and also serves as a
solutions provider to corporations. For more information, please
visit www.athene.com.
ContactJeanne HessVP, External Relations+1 646
768 7319jeanne.hess@athene.com
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