Apollo Global Management Indexed Annuities — Deferred Sale Inducement Cost increased by 7.9% to $2.11B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 43.0%, from $1.48B to $2.11B. Over 3 years (FY 2022 to FY 2025), Indexed Annuities — Deferred Sale Inducement Cost shows an upward trend with a 102.9% CAGR.
Higher values indicate aggressive competitive positioning to capture market share, while lower values suggest a focus on organic growth or reduced incentive spending.
These are costs related to specific incentives provided to policyholders at the inception of an annuity contract, such a...
Standard in the annuity industry, often categorized under deferred sales inducements or similar incentive accounting.
apo_segment_indexed_annuities_deferred_sale_inducement_cost| 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 | $77.00M | $159.00M | $261.00M | $399.00M | $522.00M | $661.00M | $806.00M | $970.00M | $1.12B | $1.24B | $1.36B | $1.48B | $1.62B | $1.80B | $1.96B | $2.11B |
| 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% |
| 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% |