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Total — Future policy benefits

Apollo Global Management Total — Future policy benefits decreased by 3.2% to $43.04B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.4%, from $44.11B to $43.04B. Over 2 years (FY 2023 to FY 2025), Total — Future policy benefits shows relatively stable performance with a 1.8% CAGR.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2022
Last reportedQ1 2026May 7, 2026

How to read this metric

Growth in this figure generally indicates a growing insurance business, but must be balanced against the adequacy of assets held to cover these liabilities.

Detailed definition

The total aggregate liability recorded on the balance sheet for future insurance and annuity obligations. This metric re...

Peer comparison

The primary liability metric for all life and annuity insurance companies, comparable across the industry.

Metric ID: apo_segment_total_future_policy_benefits

Historical Data

14 periods
 Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$36.42B$36.75B$44.47B$40.84B$47.19B$45.64B$44.86B$46.92B$44.09B$44.11B$43.66B$43.34B$44.45B$43.04B
QoQ Change+0.9%+21.0%-8.2%+15.5%-3.3%-1.7%+4.6%-6.0%+0.0%-1.0%-0.7%+2.6%-3.2%
YoY Change+29.6%+24.2%+0.9%+14.9%-6.6%-3.4%-2.7%-7.6%+0.8%-2.4%
Range$36.42B$47.19B
CAGR+5.3%
Avg YoY Growth+4.8%
Median YoY Growth-0.8%

Frequently Asked Questions

What is Apollo Global Management's total — future policy benefits?
Apollo Global Management (APO) reported total — future policy benefits of $43.04B in Q1 2026.
How has Apollo Global Management's total — future policy benefits changed year-over-year?
Apollo Global Management's total — future policy benefits decreased by 2.4% year-over-year, from $44.11B to $43.04B.
What is the long-term trend for Apollo Global Management's total — future policy benefits?
Over 2 years (2023 to 2025), Apollo Global Management's total — future policy benefits has grown at a 1.8% compound annual growth rate (CAGR), from $169.25B to $175.55B.
What does total — future policy benefits mean?
The total amount of money the company expects to pay out for insurance and annuity policies in the future.