M&A - ATHENE VARIABLE LIFE ACCOUNT A

Form Type: 497

Filing Date: 2025-05-14

Corporate Action: Merger

Type: Update

Accession Number: 000106120125000039

Filing Summary: This supplement updates important information in the prospectus for the Clarity Duo Variable Universal Life Insurance Policy. It specifically addresses the merger of Athene Annuity & Life Assurance Company (AADE) into Athene Annuity and Life Company (AAIA), making AAIA the new issuer of the policies. The merger aims to streamline operations and reduce costs, having been effective as of October 11, 2024. It was previously noted that AAIA was an indirect wholly owned subsidiary of Athene Holding Ltd (AHL). After the merger, there are no changes affecting policy benefits, values, or additional charges for policyholders. The supplement also reiterates the continuation of the separate account that funds the policies and clarifies various administrative details regarding the insurance products and related investment options.

Form Type: 497

Filing Date: 2025-05-14

Corporate Action: Merger

Type: Update

Accession Number: 000106120125000041

Filing Summary: On May 13, 2025, Athene Annuity and Life Company (AAIA) issued this supplement to the prospectus detailing the merger of Athene Annuity & Life Assurance Company (AADE) into AAIA, with AAIA becoming the new issuer for the Clarity Survivorship VUL insurance policies. The merger, executed on October 11, 2024, aimed to streamline operations and reduce expenses. Post-merger, AAIA assumed all obligations associated with the policies, including those of the Separate Account. The merger did not alter the existing terms of the policies or impose additional charges. Important updates included changes in company references in the prospectus from AADE to AAIA and clarifications on policy benefits and tax treatments. The document emphasizes that policyholders should consult their tax advisors regarding the potential tax implications related to the policies, particularly in light of the complexity surrounding Modified Endowment Contracts (MECs) and changing tax laws.

Form Type: 497

Filing Date: 2025-05-14

Corporate Action: Merger

Type: Update

Accession Number: 000106120125000043

Filing Summary: This document serves as a supplement to the prospectus for the Clarity Advantage Variable Universal Life Insurance Policy, providing updates regarding the merger between Athene Annuity & Life Assurance Company (AADE) and Athene Annuity and Life Company (AAIA). The merger, effective October 11, 2024, streamlines operations and does not alter the terms or benefits of the insurance policy for policyholders. AAIA assumes all rights and obligations of AADE, with policy values remaining unchanged and no additional charges imposed. The document also highlights prior changes to the policy issuer's name, updates the fee table, and clarifies tax matters regarding policy treatment under federal tax laws. It emphasizes that existing policy holders may continue making premium payments, although the policy is not offered for new sales. The document also contains updated investment options, distribution information, legal proceedings, and references to the company’s financial strength.

Form Type: N-6

Filing Date: 2025-05-13

Corporate Action: Merger

Type: New

Accession Number: 000106120125000030

Filing Summary: On May 13, 2025, Athene Variable Life Account A filed a registration statement under the Securities Act of 1933 following the merger of Athene Annuity & Life Assurance Company (AADE) with and into Athene Annuity and Life Company (AAIA), the new issuer of the variable universal life insurance policies. This merger aimed to streamline operations and reduce expenses. AAIA, as the surviving entity, assumed all of AADE's rights and obligations concerning the policies managed under the separate account. The merger was effective on October 11, 2024, and did not change the policy terms or impose additional charges on policyholders, nor did it affect the tax implications of the policies. The filing serves to inform policyholders about the merger and the continuity of their insurance coverage with AAIA, which remains a wholly owned subsidiary of Athene Holding Ltd. Investors are reminded to consult the updated prospectus for detailed policy benefits and any changes since the previous prospectus dated May 1, 2008.

Form Type: N-6

Filing Date: 2025-05-13

Corporate Action: Merger

Type: Update

Accession Number: 000106120125000031

Filing Summary: On May 13, 2025, Athene Variable Life Account A filed a registration statement under the Securities Act of 1933 and the Investment Company Act of 1940 to detail the merger of Athene Annuity & Life Assurance Company (AADE) into Athene Annuity and Life Company (AAIA). As a result of this merger, AAIA became the issuer of individual flexible premium variable universal life insurance policies and the depositor of Athene Variable Life Account A. The merger streamlines operations and reduces expenses, while AAIA assumes all obligations previously held by AADE. Importantly, the terms and provisions of the insurance policies remain unchanged, with no new charges or tax consequences for policyholders. The Supplement also includes reminders of prior changes to the policy, estimates of portfolio operating expenses, updates on federal tax matters, and clarifications on the rights of policyholders under the new issuer. The intent of the filing is to ensure compliance and update all relevant information regarding the policies and their management under the new corporate structure.

Form Type: N-6

Filing Date: 2025-05-13

Corporate Action: Merger

Type: New

Accession Number: 000106120125000033

Filing Summary: On May 13, 2025, Athene Variable Life Account A filed an N-6 registration statement with the SEC, providing key updates to policies following the merger of Athene Annuity & Life Assurance Company (AADE) into Athene Annuity and Life Company (AAIA). This merger, effective October 11, 2024, aimed to streamline operations and reduce expenses. Following the merger, AAIA became the new issuer for existing policies, which continue under the separate account now managed by AAIA. The merger did not alter the terms of the policies, and no extra charges or adjustments to policy values occurred as a result. The document includes details about the policies' operational structures, updates on investment options, tax implications, and the ongoing management of policy assets under the new structure. Changes to the prospectus and other operational updates were included, emphasizing that the policy is not available for new sales but can receive ongoing premiums from current policyholders.

Form Type: N-6/A

Filing Date: 2025-05-07

Corporate Action: Merger

Type: Update

Accession Number: 000106120125000022

Filing Summary: Athene Variable Life Account A filed an amendment to its registration statement under the Securities Act of 1933 on May 7, 2025, which highlights the merger between Athene Annuity & Life Assurance Company (AADE) and Athene Annuity and Life Company (AAIA). This merger took effect on October 11, 2024, after receiving all necessary state regulatory approvals. As a consequence, AAIA has become the new issuer of the individual flexible premium variable universal life insurance policies, previously issued by AADE, and has assumed all associated rights and obligations. The document details the operational and financial implications of the merger, ensuring policy values and benefits remain unchanged. It includes updates to the prospectus regarding policy benefits, risks, and investment options, while emphasizing compliance with federal tax laws, the treatment of premiums, and the responsibilities of AAIA as the surviving entity. Additional changes and reminders about policy features following the merger are also discussed.

Form Type: N-6

Filing Date: 2025-02-20

Corporate Action: Merger

Type: New

Accession Number: 000106120125000006

Filing Summary: The document details the merger of Athene Annuity & Life Assurance Company (AADE) with Athene Annuity and Life Company (AAIA), effective October 11, 2024. AAIA is now the obligor and depositor of the Athene Variable Life Account A. This merger aimed to streamline operations and reduce expenses. It became necessary to file a new registration statement for variable life insurance policies to reflect this organizational change. The merger resulted in AAIA assuming all rights and obligations of AADE without altering the existing policy terms and conditions, thereby maintaining the policy values and guaranteeing policy benefits. There were no additional charges imposed or tax consequences for policyholders as a result of the merger.