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Apollo Global Management APO Reconciling items — Future policy benefits

Similar metrics at other companies

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HMNReconciling items — Net liability for future policy benefits
$97.2M-9.1%
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HMNOther — Liability for Future Policy Benefit, after Reinsurance
$80.3M-6.7%
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AGOAnnuity Reinsurance — Future policy benefits for annuity reinsurance contracts
$447M
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LSAKFuture policy benefits
$3.31M+21.7%
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BHFAssumed Reinsurance — Future policy benefits
$112M+2.8%
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GEFuture policy benefits
$36.2B-1.5%

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:LiabilityForFuturePolicyBenefits.

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 reconciling items — future policy benefits?
Apollo Global Management (APO) reported reconciling items — future policy benefits of $5.62B in Q1 2026.
How has Apollo Global Management's reconciling items — future policy benefits changed year-over-year?
Apollo Global Management's reconciling items — future policy benefits decreased by 2.9% year-over-year, from $5.79B to $5.62B.
What is the long-term trend for Apollo Global Management's reconciling items — future policy benefits?
Over 3 years (2022 to 2025), Apollo Global Management's reconciling items — future policy benefits has grown at a -0.6% compound annual growth rate (CAGR), from $23.45B to $23.02B.
What does reconciling items — future policy benefits mean?
This metric represents the estimated liability for future insurance benefits that are expected to be paid to policyholders, calculated based on actuarial assumptions. It reflects the long-term obligations for life, health, or annuity products that are categorized within the reconciling segment. This figure is essential for assessing the adequacy of reserves held against long-duration insurance contracts.