{
  "docId": "019de074-7331-7393-959b-5c804e34bbb4",
  "docSlug": "e36c3b199ae0aea1b82db54306a5b651",
  "documentTitle": "Apollo Global Management | Investor Presentation Deck | 60 slides",
  "authorId": "apollo-global-management",
  "authorName": "Apollo Global Management",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-03-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 34,
  "pageCount": 60,
  "prevPage": 33,
  "nextPage": 35,
  "slideType": "business_model",
  "function": "present_solution",
  "density": "dense",
  "nDataPoints": 0,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de074-7331-7393-959b-5c804e34bbb4/34",
  "deckHref": "/decks/019de074-7331-7393-959b-5c804e34bbb4",
  "deckJsonHref": "/decks/019de074-7331-7393-959b-5c804e34bbb4.json",
  "deckAnchorHref": "/decks/019de074-7331-7393-959b-5c804e34bbb4#slide-34",
  "components": [
    {
      "bbox": {
        "h": 0.15,
        "w": 0.9,
        "x": 0.03,
        "y": 0.54
      },
      "kind": "list",
      "text": "Fixed annuities are a relative winner when it comes to \"cash sorting\" since the guarantees offered and return potential are more attractive than traditional banking products",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "265e79bc-ad3b-43cc-a3e5-97a07b9084af",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.9,
        "x": 0.03,
        "y": 0.36
      },
      "kind": "list",
      "text": "Consumers generally do not view annuities as a source of liquidity given their long-dated nature and certain policy-specific terms (i.e. surrender charges, market value adjustments, etc.)",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "829efe08-504a-400c-85fb-3c0fc3e56768",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.9,
        "x": 0.03,
        "y": 0.72
      },
      "kind": "list",
      "text": "Consumer behavior around policy surrender / withdrawal activity has been extremely predictable over time",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "be63ea2f-0ccd-4a68-8f32-ab1e0d1f9485",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.9,
        "x": 0.03,
        "y": 0.18
      },
      "kind": "list",
      "text": "Fixed annuities are a retirement savings product offering principal protection, a particularly desirable attribute amid market volatility",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f61727e2-8226-4fc9-a706-43fa2934dd3d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.7,
        "x": 0.03,
        "y": 0.07
      },
      "kind": "title",
      "text": "Differentiated Characteristics of Fixed Annuity-Based Funding Model",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bf6d433e-fdeb-4cd7-8319-6ace2cb21d69",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}