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Apollo Global Management APO Traditional Deferred Annuities — Policyholder Account Balance, Benefit Payment

Other product segments

Funding Agreements
$3.89B+40.6%
Indexed Annuities
$415M+6.1%
Other investment-type and other
$64M-25.6%

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$69M+43.8%
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PRUAnnuities — Policyholder Account Balance, Benefit Payment
$31M+34.8%
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FNFIndexed annuities — Policyholder Account Balance, Benefit Payment
$115M-84.2%
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BHFVariable Annuities — Policyholder Account Balance, Benefit Payment
$23M+15.0%
Genworth Financial logo
GNWFixed annuities — Policyholder Account Balance, Benefit Payment
$69M-13.8%

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$74.73B-10.4%
Enterprise value$65.2B-19.1%
P/E65.3×+40.6×
P/S2.4×-0.9×

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:PolicyholderAccountBalanceBenefitPayment.

The source filing: Apollo Global Management’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 5:25 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001858681-26-000026
(In millions, except percentages)Three months ended March 31, 2026 / Traditional Deferred AnnuitiesThree months ended March 31, 2026 / Indexed AnnuitiesThree months ended March 31, 2026 / Funding AgreementsThree months ended March 31, 2026 / Other Investment-typeTotal
Deposits7,1223,4308,53172819,811
Policy charges(210)(210)
Surrenders and withdrawals(2,407)(2,818)(47)(26)(5,298)
Benefit payments(362)(415)(3,892)(64)(4,733)
Interest credited1,2641,031899603,254
Foreign exchange(55)1(187)(56)(297)
Other(122)(38)(160)
Balance at March 31, 2026$114,763$106,336$90,737$9,425$321,261

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Apollo Global Management's traditional deferred annuities — policyholder account balance, benefit payment?
Apollo Global Management (APO) reported traditional deferred annuities — policyholder account balance, benefit payment of $362M in Q1 2026.
How has Apollo Global Management's traditional deferred annuities — policyholder account balance, benefit payment changed year-over-year?
Apollo Global Management's traditional deferred annuities — policyholder account balance, benefit payment increased by 5.8% year-over-year, from $342M to $362M.
What is the long-term trend for Apollo Global Management's traditional deferred annuities — policyholder account balance, benefit payment?
Over 3 years (2022 to 2025), Apollo Global Management's traditional deferred annuities — policyholder account balance, benefit payment has grown at a 13.9% compound annual growth rate (CAGR), from $937M to $1.39B.
What does traditional deferred annuities — policyholder account balance, benefit payment mean?
This represents the cash outflows paid to policyholders or beneficiaries as part of the contractual benefits of the annuity. It reflects the fulfillment of the insurer's obligations to the policyholders.

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