Athene Announces $4.9B Pension Risk Transfer

Athene Holding Ltd. announced the “close of a significant pension risk transfer [PRT] transaction with Lockheed Martin, a global security and aerospace leader. The company said, “Under the terms of the transaction, Lockheed Martin transferred $4.9 billion in pension obligations to Athene. Athene’s wholly-owned subsidiaries, Athene Annuity and Life Company [AAIA] and Athene Annuity & […]

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