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Indexed Annuities — Cash surrender value

Apollo Global Management Indexed Annuities — Cash surrender value decreased by 0.3% to $97.47B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.3%, from $90.82B to $97.47B. Over 3 years (FY 2022 to FY 2025), Indexed Annuities — Cash surrender value shows an upward trend with a 4.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026May 7, 2026

How to read this metric

High surrender values relative to account balances indicate high liquidity risk and potential for mass withdrawals during market stress.

Detailed definition

The total amount payable to policyholders if they choose to terminate their annuity contracts before maturity, often net...

Peer comparison

Commonly disclosed as 'Cash Surrender Value' or 'Surrender Liability' in statutory and GAAP filings.

Metric ID: apo_segment_indexed_annuities_cash_surrender_value

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$84.27B$83.84B$83.71B$84.72B$84.05B$84.2B$84.05B$85.38B$86.75B$87.45B$89.38B$89.51B$90.82B$93.19B$96.27B$97.76B$97.47B
QoQ Change-0.5%-0.2%+1.2%-0.8%+0.2%-0.2%+1.6%+1.6%+0.8%+2.2%+0.1%+1.5%+2.6%+3.3%+1.5%-0.3%
YoY Change-0.3%+0.4%+0.4%+0.8%+3.2%+3.9%+6.3%+4.8%+4.7%+6.6%+7.7%+9.2%+7.3%
Range$83.71B$97.76B
CAGR+3.7%
Avg YoY Growth+4.2%
Median YoY Growth+4.7%

Frequently Asked Questions

What is Apollo Global Management's indexed annuities — cash surrender value?
Apollo Global Management (APO) reported indexed annuities — cash surrender value of $97.47B in Q1 2026.
How has Apollo Global Management's indexed annuities — cash surrender value changed year-over-year?
Apollo Global Management's indexed annuities — cash surrender value increased by 7.3% year-over-year, from $90.82B to $97.47B.
What is the long-term trend for Apollo Global Management's indexed annuities — cash surrender value?
Over 3 years (2022 to 2025), Apollo Global Management's indexed annuities — cash surrender value has grown at a 4.0% compound annual growth rate (CAGR), from $336.53B to $378.04B.
What does indexed annuities — cash surrender value mean?
The total cash value available to policyholders if they cancel their contracts today.