Business Segments · Policy loans

Retirement Services — Policy loans

Apollo Global Management Retirement Services — Policy loans decreased by 1.0% to $301.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 5.3%, from $318.00M to $301.00M. Over 3 years (FY 2022 to FY 2025), Retirement Services — Policy loans shows relatively stable performance with a -3.2% CAGR.

Analysis

StatementSegment
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2021
Last reportedQ4 2025

How to read this metric

An increase may reflect higher policyholder demand for liquidity, while a decrease suggests lower utilization of policy-based borrowing features.

Detailed definition

Loans extended to policyholders that are collateralized by the cash surrender value of their insurance policies. These r...

Peer comparison

Standard asset category for life insurance companies labeled 'Policy Loans'.

Metric ID: apo_segment_retirement_services_policy_loans

Historical Data

17 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$0.00$296.00M$358.00M$353.00M$347.00M$339.00M$336.00M$336.00M$334.00M$330.00M$325.00M$320.00M$318.00M$313.00M$310.00M$304.00M$301.00M
QoQ Change+20.9%-1.4%-1.7%-2.3%-0.9%+0.0%-0.6%-1.2%-1.5%-1.5%-0.6%-1.6%-1.0%-1.9%-1.0%
YoY Change+14.5%-6.1%-4.8%-3.7%-2.7%-3.3%-4.8%-4.8%-5.2%-4.6%-5.0%-5.3%
Range$0.00$358.00M
Avg YoY Growth-3.0%
Median YoY Growth-4.8%
Current Streak9 quarters decline

Frequently Asked Questions

What is Apollo Global Management's retirement services — policy loans?
Apollo Global Management (APO) reported retirement services — policy loans of $301.00M in Q4 2025.
How has Apollo Global Management's retirement services — policy loans changed year-over-year?
Apollo Global Management's retirement services — policy loans decreased by 5.3% year-over-year, from $318.00M to $301.00M.
What is the long-term trend for Apollo Global Management's retirement services — policy loans?
Over 3 years (2022 to 2025), Apollo Global Management's retirement services — policy loans has grown at a -3.2% compound annual growth rate (CAGR), from $1.35B to $1.23B.
What does retirement services — policy loans mean?
The total amount of loans provided to policyholders against their insurance policies.