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Annuity Commission Money Can Pay for Income Guarantees: Marc Rowan
By
Allison Bell
News February 08, 2024 at 04:09 PM
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What You Need To Know
- Apollo owns Athene, which has about $270 billion in assets.
- Rowan says Athene wants to assume the investment risk embedded in lifetime retirement income guarantees.
- He wants Athene to find another company to assume responsibility for the longevity risk embedded in the guarantees.
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