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Apollo Global Management APO Traditional Deferred Annuities — Cash surrender value

Other product segments

Indexed Annuities
$97.47B+7.3%
Other investment-type and other
$6.63B-4.1%
Funding Agreements
$0

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$31.6B-2.4%
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RITMDeferred Annuities — Cash surrender value
$897.96M
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PRUAnnuities — Cash Surrender Value
$3.4B-10.8%
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JXNVariable annuity — Cash surrender value
$6.19B-11.3%
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BHFVariable Annuities — Cash surrender value
$74.68B-3.3%

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:CashSurrenderValueDuePolicyholdersAmount.

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 traditional deferred annuities — cash surrender value?
Apollo Global Management (APO) reported traditional deferred annuities — cash surrender value of $107.87B in Q1 2026.
How has Apollo Global Management's traditional deferred annuities — cash surrender value changed year-over-year?
Apollo Global Management's traditional deferred annuities — cash surrender value increased by 18.7% year-over-year, from $90.84B to $107.87B.
What is the long-term trend for Apollo Global Management's traditional deferred annuities — cash surrender value?
Over 3 years (2022 to 2025), Apollo Global Management's traditional deferred annuities — cash surrender value has grown at a 38.1% compound annual growth rate (CAGR), from $147.66B to $389.15B.
What does traditional deferred annuities — cash surrender value mean?
The total amount of cash that policyholders are entitled to receive upon the voluntary termination of their annuity contracts before maturity. This represents a liquidity obligation for the insurer in the event of widespread policy surrenders.