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Apollo touts Athene annuity sales, sees ‘robust future’ in other products
Athene Life & Annuity, a wholly owned subsidiary of Apollo, remains the No. 1 seller of annuities. Through the third quarter of 2024, the most recent statistics, Athene sold nearly $28 billion worth ...
Insurancenewsnet.com23d
Pension Rights Center: PRT deals could lead to ‘nationwide catastrophe’ regulated
The lawsuit is one to two accusing AT&T and its independent fiduciary, State Street Global Advisors Trust Co., of taking on too much risk when it selected Athene Annuity and Life Co. to conduct ...
Pensions Are a New Business for Private Equity. Retirees Sue Over Deals.
AT&T and Lockheed Martin are being sued by retirees over the transfer of their pensions to Apollo’s insurance and annuity ...
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Bristol Myers Squibb’s $2.6 Billion Pension Risk Transfer Lawsuit Is ‘Frivolous,’ Say Industry Groups
The ERISA Industry Committee, along with two other industry groups, is seeking the dismissal of the drugmaker’s PRT ...