Non-Current Assets

Reinsurance recoverables

Apollo Global Management Reinsurance recoverables increased by 25.5% to $10.28B in Q4 2025 compared to the prior quarter. Over 3 years (FY 2022 to FY 2025), Reinsurance recoverables shows an upward trend with a 33.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026

How to read this metric

An increase indicates higher reliance on reinsurance for risk mitigation, while a decrease may reflect lower ceded risk or successful collection.

Detailed definition

This represents the portion of insurance claims that the company expects to recover from its reinsurers. It reflects the...

Peer comparison

Larger global insurers typically carry higher recoverables due to extensive use of reinsurance treaties.

Metric ID: ins_reinsurance_recoverables

Historical Data

4 periods
 Q4 '22Q4 '23Q4 '24Q4 '25
Value$4.37B$4.15B$8.19B$10.28B
QoQ Change-4.9%+97.3%+25.5%
YoY Change-4.9%+97.3%+25.5%
Range$4.15B$10.28B
Avg YoY Growth+39.3%
Median YoY Growth+25.5%
Current Streak2 quarters growth

Business Segments

View all
SegmentQ1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Retirement Services$1.47B$1.52B$1.71B$1.66B$1.73B$1.78B$1.90B$1.91B
Total$8.19B$10.28B

Frequently Asked Questions

What is Apollo Global Management's reinsurance recoverables?
Apollo Global Management (APO) reported reinsurance recoverables of $10.28B in Q4 2025.
What is the long-term trend for Apollo Global Management's reinsurance recoverables?
Over 3 years (2022 to 2025), Apollo Global Management's reinsurance recoverables has grown at a 33.0% compound annual growth rate (CAGR), from $4.37B to $10.28B.
What does reinsurance recoverables mean?
The amount of money the insurance company expects to collect from reinsurers for claims that have already been paid or reserved.