N.Y. Department of Financial Services Superintendent Lacewell Announces Athene Holding to Pay $45M to State
April 14, 2020
April 14, 2020
ALBANY, New York, April 14 -- The New York State Department of Financial Services issued the following news release:
Superintendent of Financial Services Linda A. Lacewell announced that Athene Holding Ltd. will pay a $45 million penalty to New York State for New York Insurance Law violations related to its subsidiary Athene Annuity & Life Company ("Athene") and its pension risk transfer business. The New York State Department of Financial Services (DFS) uncovered that . . .
Superintendent of Financial Services Linda A. Lacewell announced that Athene Holding Ltd. will pay a $45 million penalty to New York State for New York Insurance Law violations related to its subsidiary Athene Annuity & Life Company ("Athene") and its pension risk transfer business. The New York State Department of Financial Services (DFS) uncovered that . . .