secwatch.observer — SEC 8-K summary
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Issuer:     Athene Holding Ltd. (ATH-PA)
CIK:        0001527469
Form:       8-K
Filed at:   2023-05-05T23:59:59+00:00
Accession:  0001527469-23-000025
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527469/000152746923000025/0001527469-23-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527469/000152746923000025/ahl-20230505.htm
  HTML page:      https://secwatch.observer/filing/0001527469-23-000025

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