v3.26.3
Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues        
Premiums $ 190 $ 117 $ 577 $ 351
Product charges 299 292 879 831
Other revenues 3 6 11 16
Total revenues 3,065 7,998 15,885 17,543
Benefits and expenses        
Interest sensitive contract benefits expense 3,669 4,164 10,974 9,086
Future policy and other policy benefits 595 613 1,828 1,681
Market risk benefits remeasurement (gains) losses (626) 131 (391) 405
Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Amortization 476 355 1,163 914
Policy and other operating expenses 690 591 1,955 1,727
Total benefits and expenses 4,804 5,854 15,529 13,813
Income (loss) before income taxes (1,739) 2,144 356 3,730
Income tax expense (benefit) (419) 266 1,471 407
Net income (loss) (1,320) 1,878 (1,115) 3,323
Less: Net income (loss) attributable to noncontrolling interests (197) 619 957 1,135
Net income (loss) attributable to Athene Holding Ltd. stockholders (1,123) 1,259 (2,072) 2,188
Less: Preferred stock dividends 35 36 106 126
Add: Preferred stock redemption   0   84
Net income (loss) available to Athene Holding Ltd. common stockholder (1,158) 1,223 (2,178) 2,146
Consolidated Entity Excluding Variable Interest Entities (VIE)        
Revenues        
Net investment income 5,323 4,672 15,080 13,092
Investment related gains (losses) (3,418) 2,254 (2,507) 1,421
Variable Interest Entities        
Revenues        
Net investment income 23 92 134 249
Investment related gains (losses) 645 565 1,711 1,583
Consolidated Entity, Affiliated Entity and VIE Primary Beneficiary        
Revenues        
Investment related gains (losses) 625 498 1,719 1,492
Related Party        
Revenues        
Net investment income 682 497 1,834 1,502
Investment related gains (losses) (43) (36) (174) 8
Benefits and expenses        
Interest sensitive contract benefits expense (93) (74) (250) (168)
Policy and other operating expenses $ 144 $ 67 $ 320 $ 211