The rating actions for
Partially offsetting these positive rating factors are the pressures associated with managing assets in an extended low interest rate environment, as well as the embedded exposures present in changing credit cycles. The company’s investment portfolio, which includes structured securities, is viewed as more aggressive compared to traditional life insurance companies.
The FSR has been upgraded to A (Excellent) from A- (Excellent) and the Long-Term ICRs upgraded to “a” from “a-” with the outlook revised to stable from positive for the following members of
Athene Annuity & Life Assurance Company
Athene Annuity & Life Assurance Company of New York
Athene Annuity and Life Company
Athene Life Insurance Company of New York
Athene Life Re Ltd.
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