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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues      
Premiums $ 240 $ 195 $ 100
Net investment income 2,914 2,510 2,333
Other-than-temporary impairment investment losses      
Other-than-temporary impairment losses recognized in other comprehensive income 2 10 1
Total revenues 4,105 2,618 4,101
Benefits and Expenses      
Future policy and other policy benefits 1,059 518 700
Total benefits and expenses 3,389 2,028 3,577
Income before income taxes 716 590 524
Income tax expense (benefit) (52) 12 53
Net income 768 578 471
Less: Net income attributable to noncontrolling interests 0 16 15
Net income available to Athene Holding Ltd. shareholders 768 562 456
Consolidated Entity Excluding Variable Interest Entities (VIE)      
Revenues      
Premiums 240 195 100
Product charges 281 248 218
Net investment income 2,914 2,510 2,333
Investment related gains (losses) 652 (430) 1,211
Other-than-temporary impairment investment losses      
Other-than-temporary impairment losses (32) (40) (7)
Other-than-temporary impairment losses recognized in other comprehensive income 2 10 1
Net other-than-temporary impairment losses (30) (30) (6)
Other revenues 34 25 20
Benefits and Expenses      
Interest sensitive contract benefits 1,296 689 1,822
Amortization of deferred sales inducements 39 21 4
Future policy and other policy benefits 1,059 518 700
Amortization of deferred acquisition costs and value of business acquired 318 206 124
Interest expense 9 17 22
Dividends to policyholders 37 28 44
Policy and other operating expenses (related party: 2016 – $22, 2015 – $18 and 2014 – $240) 618 532 797
Variable Interest Entities      
Revenues      
Net investment income 67 67 174
Investment related gains (losses) (53) 33 51
Benefits and Expenses      
Interest expense 12 15 17
Policy and other operating expenses (related party: 2016 – $22, 2015 – $18 and 2014 – $240) 1 $ 2 $ 47
Common Class A      
Benefits and Expenses      
Net income available to Athene Holding Ltd. shareholders $ 214    
Earnings per share      
Basic (in USD per share) [1] $ 4.11 $ 3.21 $ 3.52
Diluted (in USD per share) $ 4.02 3.21 3.47
Common Class B      
Benefits and Expenses      
Net income available to Athene Holding Ltd. shareholders $ 553    
Earnings per share      
Basic (in USD per share) $ 4.11 3.21 3.52
Diluted (in USD per share) $ 4.11 $ 3.21 $ 3.47
Common Class M-1      
Benefits and Expenses      
Net income available to Athene Holding Ltd. shareholders $ 1    
Earnings per share      
Basic (in USD per share) $ 4.11    
Diluted (in USD per share) [1] $ 0.20    
[1] Basic and diluted earnings per Class M-1 share was applicable only for the year ended December 31, 2016. Refer to Note 13 – Earnings Per Share for further discussion.