Annuity Regulators Should Look Harder at Cayman Islands, CEO of Athene's Parent Says

What You Need To Know

• Marc Rowan thinks too much of the value of the typical U.S. nest egg depends on Nvidia.
• He maintains that Athene competitors are hollowing out capital by moving business through entities based in the Cayman Islands.
• He thinks IMOs should look harder at annuity issuer asset quality.