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    • Athene earnings come up short in Q2 despite monster annuity sales

    August 7, 2024 by John Hilton

    Main takeaway: Athene Life & Annuity came up short on earnings during the second quarter despite dominating the industry in annuity sales.

    Apollo Global Management CEO Marc Rowan pointed to conservative hedging for the reduced earnings. Apollo opted to be conservative in factoring in potential interest rate cuts, Rowan explained to Wall Street analysts during a conference call Thursday morning.

    Click HERE to read the full story via INN

    Originally Posted at InsuranceNewsNet on August 2, 2024 by John Hilton.

    Categories: Industry Articles
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