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Indexed Annuities — Deferred Sale Inducement Cost

Apollo Global Management Indexed Annuities — Deferred Sale Inducement Cost increased by 4.3% to $2.2B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 35.9%, from $1.62B to $2.2B. Over 3 years (FY 2022 to FY 2025), Indexed Annuities — Deferred Sale Inducement Cost shows an upward trend with a 102.9% CAGR.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2021
Last reportedQ1 2026May 7, 2026

How to read this metric

Higher values indicate aggressive competitive positioning to capture market share, while lower values suggest a focus on organic growth or reduced incentive spending.

Detailed definition

These are costs related to specific incentives provided to policyholders at the inception of an annuity contract, such a...

Peer comparison

Standard in the annuity industry, often categorized under deferred sales inducements or similar incentive accounting.

Metric ID: apo_segment_indexed_annuities_deferred_sale_inducement_cost

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0$77M$159M$261M$399M$522M$661M$806M$970M$1.12B$1.24B$1.36B$1.48B$1.62B$1.8B$1.96B$2.11B$2.2B
QoQ Change+106.5%+64.2%+52.9%+30.8%+26.6%+21.9%+20.3%+15.6%+10.9%+9.5%+8.4%+9.8%+11.1%+8.7%+7.9%+4.3%
YoY Change+577.9%+315.7%+208.8%+143.1%+114.8%+88.0%+68.9%+52.2%+44.5%+44.8%+43.8%+43.0%+35.9%
Range$0$2.2B
Avg YoY Growth+137.0%
Median YoY Growth+68.9%
Current Streak16+ quarters growth

Frequently Asked Questions

What is Apollo Global Management's indexed annuities — deferred sale inducement cost?
Apollo Global Management (APO) reported indexed annuities — deferred sale inducement cost of $2.2B in Q1 2026.
How has Apollo Global Management's indexed annuities — deferred sale inducement cost changed year-over-year?
Apollo Global Management's indexed annuities — deferred sale inducement cost increased by 35.9% year-over-year, from $1.62B to $2.2B.
What is the long-term trend for Apollo Global Management's indexed annuities — deferred sale inducement cost?
Over 3 years (2022 to 2025), Apollo Global Management's indexed annuities — deferred sale inducement cost has grown at a 102.9% compound annual growth rate (CAGR), from $896M to $7.49B.
What does indexed annuities — deferred sale inducement cost mean?
Capitalized costs for incentives offered to attract new annuity policyholders.