Company: APO
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001858681-25-000049
Chunk: 121

Company: Apollo Global Management, Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 8
Chunk 121
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744 118 25,504 Policy charges— (186)— — (186)Surrenders and withdrawals(1,305)(2,824)— (19)(4,148)Benefit payments(342)(391)(2,768)(86)(3,587)Interest credited993 840 644 54 2,531 Foreign exchange175 2 287 230 694 Other— — 144 (9)135 Balance at March 31, 2025$96,697 $99,429 $63,819 $8,318 $268,263 Weighted average crediting rate4.6 %2.6 %4.6 %2.7 %Net amount at risk$421 $15,599 $— $45 Cash surrender value90,843 90,820 — 6,907 Three months ended March 31, 2024(In millions, except percentages)Traditional Deferred AnnuitiesIndexed AnnuitiesFunding AgreementsOther Investment-typeTotalBalance at December 31, 2023$64,763 $93,147 $32,350 $7,629 $197,889 Deposits7,165 4,814 8,542 485 21,006 Policy charges(1)(168)— — (169)Surrenders and withdrawals(1,328)(3,150)— (20)(4,498)Benefit payments(283)(433)(1,840)(57)(2,613)Interest credited697 641 299 49 1,686 Foreign exchange(183)(3)(184)(314)(684)Other— — (78)(24)(102)Balance at March 31, 2024$70,830 $94,848 $39,089 $7,748 $212,515 Weighted average crediting rate4.1 %2.4 %4.0 %2.7 %Net amount at risk$425 $14,995 $— $88 Cash surrender value66,597 86,747 — 6,542 

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Table of ContentsAPOLLO GLOBAL MANAGEMENT, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

The following is a reconciliation of interest sensitive