Recent Updates — ATH-PA

Athene Holding Ltd. released its financial supplement for the third quarter ended September 30, 2026. The company reported a GAAP net loss attributable to common stockholders of $1.158 billion, driven by investment-related losses and higher interest-sensitive contract benefits. On a management view basis, spread-related earnings were $844 million, down 4% sequentially and 3% year-over-year. Net invested assets grew 13% year-over-year to $322.5 billion, while total GAAP assets reached $477.6 billion. The company operates in the life insurance and retirement services industry.

Apollo Global Management reported third-quarter 2026 Adjusted Net Income of $1.3 billion, or $2.07 per share, driven by record Fee Related Earnings of $802 million and Spread Related Earnings of $844 million. The results include Athene Holding Ltd.'s financial performance for the period ended September 30, 2026. Athene reported net investment spread of 1.06% and gross organic inflows of $19 billion. Apollo also repurchased approximately $1.4 billion of common stock over the last twelve months. Athene Holding Ltd. is a leading retirement services company that issues, reinsures and acquires retirement savings products.

Athene Holding Ltd. provided preliminary estimates for its third-quarter 2026 financial results, reporting that alternative net investment income is expected to be approximately $375 million on a pre-tax basis. This figure represents an estimated annualized return of 10% on alternative net investments. The portfolio's pooled vehicle is projected to yield a 9% annualized return, while other alternatives, including retirement services platforms, are estimated at 11%. These preliminary figures are part of Spread Related Earnings and precede the official earnings release scheduled for November 3, 2026. Athene Holding Ltd. operates in the insurance industry, specializing in longevity solutions and asset management.