Apollo Global Management Traditional Deferred Annuities — Policyholder Account Balance, Surrender and Withdrawal decreased by 22.0% to $2.83B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 66.5%, from $1.70B to $2.83B. Over 3 years (FY 2022 to FY 2025), Traditional Deferred Annuities — Policyholder Account Balance, Surrender and Withdrawal shows an upward trend with a 20.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Lower surrender rates are generally positive, indicating high customer retention and product satisfaction.
This represents the outflows of capital resulting from policyholders withdrawing funds or surrendering their annuity con...
Commonly tracked as 'Surrender Rate' or 'Lapse Rate' across the insurance industry.
apo_segment_traditional_deferred_annuities_policyholder_account_balance_surrender_and_withdrawal| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $845.00M | $1.27B | $1.32B | $1.98B | $1.82B | $3.17B | $3.22B | $1.72B | $1.33B | $1.18B | $1.18B | $1.70B | $1.31B | $1.61B | $3.62B | $2.83B |
| QoQ Change | — | +50.3% | +3.9% | +50.3% | -8.4% | +74.3% | +1.7% | -46.5% | -22.9% | -10.9% | -0.3% | +43.9% | -23.1% | +23.2% | +125.4% | -22.0% |
| YoY Change | — | — | — | — | +115.1% | +149.4% | +144.0% | -13.2% | -27.0% | -62.7% | -63.4% | -1.4% | -1.7% | +35.9% | +207.1% | +66.5% |