Apollo Global Management Indexed Annuities — Ending balance, net of reinsurance increased by 2.3% to $4.44B in Q4 2025 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Growth in this balance generally reflects successful asset gathering and business expansion, provided it is managed within risk appetite.
This represents the total net liability or asset value of the indexed annuity portfolio after accounting for reinsurance...
Comparable to 'Net Policy Liabilities' or 'Net Insurance Reserves' at peer insurance and retirement service firms.
apo_segment_indexed_annuities_ending_balance_net_of_reinsurance| Q3 '24 | Q4 '24 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|
| Value | $3.85B | $3.49B | $4.34B | $4.44B |
| QoQ Change | — | -9.4% | +24.4% | +2.3% |
| YoY Change | — | — | +12.8% | +27.2% |