Apollo Global Management Funding agreements — Policyholder Account Balance, Benefit Payment decreased by 45.0% to $1.17B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 109.1%, from $558.00M to $1.17B. Over 3 years (FY 2022 to FY 2025), Funding agreements — Policyholder Account Balance, Benefit Payment shows an upward trend with a 36.6% CAGR.
Predictable levels of benefit payments are expected; unexpected spikes may indicate maturity cycles or liquidity events.
This represents the cash outflows paid to policyholders or investors as benefits or maturity payments under the terms of...
Comparable to benefit payments or claims paid in insurance and retirement services.
apo_segment_funding_agreements_policyholder_account_balance_benefit_payment| 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 | $695.00M | $274.00M | $1.69B | $160.00M | $490.00M | $1.42B | $354.00M | $1.01B | $1.84B | $4.19B | $1.71B | $558.00M | $2.77B | $1.14B | $2.12B | $1.17B |
| QoQ Change | — | -60.6% | +516.8% | -90.5% | +206.3% | +189.8% | -75.1% | +185.0% | +82.4% | +127.8% | -59.1% | -67.4% | +396.1% | -58.9% | +86.3% | -45.0% |
| YoY Change | — | — | — | — | -29.5% | +418.2% | -79.1% | +530.6% | +275.5% | +195.2% | +384.2% | -44.7% | +50.4% | -72.9% | +23.7% | +109.1% |