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Apollo Global Management APO Whole Life — Future policy benefits

Other product segments

Reconciling items
$5.62B-2.9%

Similar metrics at other companies

Horace Mann Educators logo
HMNWhole Life — Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment
$23.2M+307%
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BHFTerm and Whole Life Insurance — Future policy benefits
$2.48B-0.8%
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HMNWhole Life — Expected future benefits and expenses, discounted
$615.8M-0.4%
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HMNWhole life — Liability for Future Policy Benefit, before Reinsurance
$274.4M-1.9%
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HMNWhole Life — Net liability for future policy benefits
$274.4M-1.9%
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HMNWhole Life — Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change
$496.8M-2.7%

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 whole life — future policy benefits?
Apollo Global Management (APO) reported whole life — future policy benefits of $2.32B in Q1 2026.
How has Apollo Global Management's whole life — future policy benefits changed year-over-year?
Apollo Global Management's whole life — future policy benefits increased by 22.9% year-over-year, from $1.89B to $2.32B.
What is the long-term trend for Apollo Global Management's whole life — future policy benefits?
Over 2 years (2023 to 2025), Apollo Global Management's whole life — future policy benefits has grown at a 84.4% compound annual growth rate (CAGR), from $2.19B to $7.44B.
What does whole life — future policy benefits mean?
This metric represents the total estimated liability for future insurance benefits that the company expects to pay. It is the primary balance sheet item for life insurance companies, reflecting the long-term nature of their obligations. It is a key indicator of the scale and size of the insurance business.