Apollo Global Management Retirement Services — Future policy and other policy benefits increased by 348.9% to $2.75B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 341.7%, from $623.00M to $2.75B. This increase may warrant attention — for this metric, lower values are generally preferred.
Changes reflect shifts in actuarial assumptions, policy growth, or the aging of the insurance portfolio.
Represents the estimated present value of future liabilities for insurance policies, excluding those specifically catego...
Standard actuarial reserve metric for all life and annuity insurance companies.
apo_segment_retirement_services_future_policy_and_other_policy_benefits| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $0.00 | $0.00 | $2.09B | $5.61B | $3.29B | $1.32B | $466.00M | $9.51B | $368.00M | $4.09B | $543.00M | $1.10B | $793.00M | $623.00M | $541.00M | $527.00M | $613.00M | $2.75B |
| QoQ Change | — | — | — | — | +169.0% | -41.3% | -59.9% | -64.8% | >999% | -96.1% | >999% | -86.7% | +101.7% | -27.6% | -21.4% | -13.2% | -2.6% | +16.3% | +348.9% |
| YoY Change | — | — | — | — | — | — | — | -77.6% | +69.6% | -88.8% | +209.2% | +16.5% | -88.5% | +115.5% | -84.8% | -0.4% | -51.9% | -22.7% | +341.7% |