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Apollo Global Management APO Indexed Annuities — Ending balance, net of reinsurance

Other product segments

Traditional Deferred Annuities
$203M

Similar metrics at other companies

F&G Annuities & Life logo
FGIndexed annuities — Balance, end of period, net of reinsurance
$659M+47.4%
F&G Annuities & Life logo
FGIndexed annuities — Net liability, after reinsurance
$28.27B-4.8%
Fidelity National Financial logo
FNFIndexed annuities — Balance, end of period, net of reinsurance
$659M+47.4%
Fidelity National Financial logo
FNFIndexed annuities — Net liability, after reinsurance
$28.27B-4.8%
F&G Annuities & Life logo
FGIndexed annuities — Gross liability, end of period
$33.92B+9.7%
KKR & Co. logo
KKRFixed Indexed Annuities — Policyholder Account Balance, After Reinsurance
$33.97B+8.4%

Other financials

Income statement

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Revenue$5.1B-8.8%
Net income-$1.9B-531%
EPS (diluted)-$3.27-581%

Balance sheet

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Cash & equivalents$23.7B+53.1%
Total debt$14.2B+34.4%
Total equity$20.0B+11.0%
Total assets$467.53B+18.3%

Cash flow

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Operating cash flow$1.6B+60.1%

Valuation

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Market cap$69.33B-16.5%
Enterprise value$59.8B-25.5%
P/E60.6×+35.9×
P/S2.2×-1.1×

Profitability

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Net margin3.6%-11.0pp

Returns & leverage

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Return on equity6%-15.9pp
Debt / equity0.7×+0.1×

Where this comes from

Reported directly by Apollo Global Management in its filing.

Tagged under the XBRL concept us-gaap:MarketRiskBenefitAfterReinsuranceAndCumulativeIncreaseDecreaseFromInstrumentSpecificCreditRiskChange.

The official record: Apollo Global Management’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Apollo Global Management's indexed annuities — ending balance, net of reinsurance?
Apollo Global Management (APO) reported indexed annuities — ending balance, net of reinsurance of $4.55B in Q1 2026.
How has Apollo Global Management's indexed annuities — ending balance, net of reinsurance changed year-over-year?
Apollo Global Management's indexed annuities — ending balance, net of reinsurance increased by 18.5% year-over-year, from $3.84B to $4.55B.
What does indexed annuities — ending balance, net of reinsurance mean?
This represents the total net liability or asset value of the indexed annuity portfolio after accounting for reinsurance agreements. It serves as a primary measure of the company's retained financial obligation to policyholders within the indexed annuity segment. This figure is critical for assessing the net exposure of the firm to market and longevity risks inherent in these products.