Apollo Global Management Indexed Annuities — Deferred Sales Inducement Cost, Amortization Expense increased by 7.7% to $56.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 55.6%, from $36.00M to $56.00M. Over 3 years (FY 2022 to FY 2025), Indexed Annuities — Deferred Sales Inducement Cost, Amortization Expense shows an upward trend with a 152.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase reflects the recognition of costs from past incentive programs, impacting current period profitability.
This is the periodic charge to earnings resulting from the amortization of capitalized sales inducement costs. It ensure...
Standard accounting practice for insurance companies offering bonus-based annuity products.
apo_segment_indexed_annuities_deferred_sales_inducement_cost_amortization_expense| 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 | $0.00 | $1.00M | $4.00M | $7.00M | $10.00M | $13.00M | $17.00M | $23.00M | $26.00M | $29.00M | $33.00M | $36.00M | $40.00M | $44.00M | $52.00M | $56.00M |
| QoQ Change | — | — | +300.0% | +75.0% | +42.9% | +30.0% | +30.8% | +35.3% | +13.0% | +11.5% | +13.8% | +9.1% | +11.1% | +10.0% | +18.2% | +7.7% |
| YoY Change | — | — | — | — | — | >999% | +325.0% | +228.6% | +160.0% | +123.1% | +94.1% | +56.5% | +53.8% | +51.7% | +57.6% | +55.6% |