---
schema_version: "secwatch.filing_event.v1"
accession: "0001527469-23-000007"
form_type: "8-K"
ticker: "ATH-PA"
cik: "0001527469"
company_name: "Athene Holding Ltd."
filed_at: "2023-02-10T23:59:59+00:00"
generated_at: "2026-06-19T17:58:25.713985+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Athene Q4 GAAP net income $306M; full-year 2022 net loss $4.3B; spread earnings $636M

## Summary
- Q4 GAAP net income available to common shareholder $306M, compared to losses in prior three quarters.
- Spread related earnings (pre-tax) $636M, up 10% Q/Q and 40% Y/Y; net investment spread 1.73%.
- Total gross inflows $11.29B, down 13% Q/Q but up 21% Y/Y; net flows only $226M due to $4.86B strategic reinsurance outflow.
- Adjusted debt-to-capital ratio 15.6% (vs 14.5% in Q3); net invested assets $196.5B (+1% Q/Q).
- Total AHL shareholders' equity dropped to $916M from $20.1B at end-2021, driven by GAAP losses and OCI.

## SEC filing metadata
- accession: 0001527469-23-000007
- form_type: 8-K
- ticker: ATH-PA
- cik: 0001527469
- company_name: Athene Holding Ltd.
- filed_at: 2023-02-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527469/000152746923000007/0001527469-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527469/000152746923000007/ahl-20230210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001527469-23-000007
- JSON: https://secwatch.observer/filing/0001527469-23-000007.json
- Plain text: https://secwatch.observer/filing/0001527469-23-000007.txt

## Key facts
- Earnings Releases
  Athene Holding Ltd. reported the fourth quarter ended December 31, 2022 results: net income $ 306.
  - Period: the fourth quarter ended December 31, 2022
  - Net income: $ 306
  - Result: reported results
  source text: On February 10, 2023, Athene Holding Ltd. (the “Company”) made available on its website the Company’s financial supplement for the fourth quarter ended December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527469/000152746923000007/0001527469-23-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.