Apollo Global Management Investor Day Presentation Deck
Pension Group Annuities
BUSINESS HIGHLIGHTS & KEY DRIVERS
Grew to be the market leader in 2020 and 2021
Through several signature transactions, Athene has become a
partner of choice for blue-chip corporate pension plan sponsors
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• Driven by long-term secular shift by corporations away from
managing pension assets internally
Provides simplicity and consistent income to retirees while
offering increased efficiency to corporations and plan sponsors
WHAT IS A PENSION GROUP ANNUITY?
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Occurs when a defined benefit pension plan sponsor transfers
some or all of the plan's liabilities to a highly rated insurer
That company issues a group ("bulk") annuity which provides
benefit continuity for all the pensioners within the plan
APOLLO RETIREMENT SERVICES BUSINESS UPDATE 2022
PENSION GROUP ANNUITY INFLOWS (SB)
...l.
$6.0
$5.4
$2.6
$2.2
2017
2018
2019
$13.8
2020
2021
$2.0
1Q'22
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