Apollo Global Management Payout annuities with life contingencies — Total interest expense decreased by 2.3% to $423.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 5.8%, from $449.00M to $423.00M. Over 3 years (FY 2022 to FY 2025), Payout annuities with life contingencies — Total interest expense shows an upward trend with a 14.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Lower interest expense relative to investment income indicates a wider spread and higher profitability for the insurance segment.
This metric represents the total interest expense accrued on the liabilities associated with payout annuities during the...
Comparable to 'interest credited to policyholders' or 'cost of insurance liabilities' at other financial institutions.
apo_segment_payout_annuities_with_life_contingencies_total_interest_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 | $286.50M | $286.50M | $286.50M | $286.50M | $346.00M | $405.00M | $443.00M | $452.00M | $453.00M | $448.00M | $452.00M | $449.00M | $442.00M | $437.00M | $433.00M | $423.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +20.8% | +17.1% | +9.4% | +2.0% | +0.2% | -1.1% | +0.9% | -0.7% | -1.6% | -1.1% | -0.9% | -2.3% |
| YoY Change | — | — | — | — | +20.8% | +41.4% | +54.6% | +57.8% | +30.9% | +10.6% | +2.0% | -0.7% | -2.4% | -2.5% | -4.2% | -5.8% |