Business Segments · Future policy and other policy benefits

Retirement Services — Future policy and other policy benefits

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.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ1 2020
Last reportedQ4 2025
Rolls up toMedical costs

How to read this metric

Changes reflect shifts in actuarial assumptions, policy growth, or the aging of the insurance portfolio.

Detailed definition

Represents the estimated present value of future liabilities for insurance policies, excluding those specifically catego...

Peer comparison

Standard actuarial reserve metric for all life and annuity insurance companies.

Metric ID: apo_segment_retirement_services_future_policy_and_other_policy_benefits

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '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%
Range$0.00$9.51B
Avg YoY Growth+28.2%
Median YoY Growth-11.5%
Current Streak2 quarters growth

Frequently Asked Questions

What is Apollo Global Management's retirement services — future policy and other policy benefits?
Apollo Global Management (APO) reported retirement services — future policy and other policy benefits of $2.75B in Q4 2025.
How has Apollo Global Management's retirement services — future policy and other policy benefits changed year-over-year?
Apollo Global Management's retirement services — future policy and other policy benefits increased by 341.7% year-over-year, from $623.00M to $2.75B.
What does retirement services — future policy and other policy benefits mean?
The estimated future payouts the company must reserve for its insurance policyholders.