---
schema_version: "secwatch.filing_event.v1"
accession: "0001527469-23-000025"
form_type: "8-K"
ticker: "ATH-PA"
cik: "0001527469"
company_name: "Athene Holding Ltd."
filed_at: "2023-05-05T23:59:59+00:00"
generated_at: "2026-06-15T16:37:19.293352+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Athene recasts 2022 financials under LDTI; net loss available to common widened to $3.05B

## Summary
- Full-year 2022 net loss available to AHL common shareholder recast to $3,051M (from previously reported).
- Spread related earnings adjusted to $2,466M; net spread of 1.31% for 2022.
- Adjusted common shareholder's equity as of Dec 31, 2022 recast to $16,653M.
- LDTI impact: $103M favorable market risk benefits change, $68M favorable DAC amortization, $29M unfavorable liability for future policy benefits.
- Approximately 20% of total US GAAP liabilities affected by new standard; ~80% unchanged.

## SEC filing metadata
- accession: 0001527469-23-000025
- form_type: 8-K
- ticker: ATH-PA
- cik: 0001527469
- company_name: Athene Holding Ltd.
- filed_at: 2023-05-05T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527469/000152746923000025/0001527469-23-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527469/000152746923000025/ahl-20230505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001527469-23-000025
- JSON: https://secwatch.observer/filing/0001527469-23-000025.json
- Plain text: https://secwatch.observer/filing/0001527469-23-000025.txt

## Key facts
- Earnings Releases
  Athene Holding Ltd. reported 2Q’22 results: net income $ (1,740).
  - Period: 2Q’22
  - Net income: $ (1,740)
  - Result: reported results
  source text: Net income (loss) available to AHL common shareholder $ 468 $ (1,050) $ 415 $ (1,740) $ 314 $ (622) $ 55 $ 361 $ 1,252 $ (3,051)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527469/000152746923000025/0001527469-23-000025-index.htm
- Earnings Releases
  Athene Holding Ltd. reported 3Q’22 results: net income $ (622).
  - Period: 3Q’22
  - Net income: $ (622)
  - Result: reported results
  source text: Net income (loss) available to AHL common shareholder $ 468 $ (1,050) $ 415 $ (1,740) $ 314 $ (622) $ 55 $ 361 $ 1,252 $ (3,051)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527469/000152746923000025/0001527469-23-000025-index.htm
- Earnings Releases
  Athene Holding Ltd. reported 1Q’22 results: net income $ (1,050).
  - Period: 1Q’22
  - Net income: $ (1,050)
  - Result: reported results
  source text: Net income (loss) available to AHL common shareholder $ 468 $ (1,050) $ 415 $ (1,740) $ 314 $ (622) $ 55 $ 361 $ 1,252 $ (3,051)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527469/000152746923000025/0001527469-23-000025-index.htm
- Earnings Releases
  Athene Holding Ltd. reported 4Q’22 results: net income $ 361.
  - Period: 4Q’22
  - Net income: $ 361
  - Result: reported results
  source text: Net income (loss) available to AHL common shareholder $ 468 $ (1,050) $ 415 $ (1,740) $ 314 $ (622) $ 55 $ 361 $ 1,252 $ (3,051)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527469/000152746923000025/0001527469-23-000025-index.htm
- Earnings Releases
  Athene Holding Ltd. reported 2022 results: net income $ (3,051).
  - Period: 2022
  - Net income: $ (3,051)
  - Result: reported results
  source text: Net income (loss) available to AHL common shareholder $ 468 $ (1,050) $ 415 $ (1,740) $ 314 $ (622) $ 55 $ 361 $ 1,252 $ (3,051)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527469/000152746923000025/0001527469-23-000025-index.htm

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