Products & Services · Ending balance, net of reinsurance

Indexed Annuities — Ending balance, net of reinsurance

Apollo Global Management Indexed Annuities — Ending balance, net of reinsurance increased by 2.3% to $4.44B in Q4 2025 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ3 2024
Last reportedQ4 2025

How to read this metric

Growth in this balance generally reflects successful asset gathering and business expansion, provided it is managed within risk appetite.

Detailed definition

This represents the total net liability or asset value of the indexed annuity portfolio after accounting for reinsurance...

Peer comparison

Comparable to 'Net Policy Liabilities' or 'Net Insurance Reserves' at peer insurance and retirement service firms.

Metric ID: apo_segment_indexed_annuities_ending_balance_net_of_reinsurance

Historical Data

4 periods
 Q3 '24Q4 '24Q3 '25Q4 '25
Value$3.85B$3.49B$4.34B$4.44B
QoQ Change-9.4%+24.4%+2.3%
YoY Change+12.8%+27.2%
Range$3.49B$4.44B
Avg YoY Growth+20.0%
Median YoY Growth+20.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is Apollo Global Management's indexed annuities — ending balance, net of reinsurance?
Apollo Global Management (APO) reported indexed annuities — ending balance, net of reinsurance of $4.44B in Q4 2025.
What does indexed annuities — ending balance, net of reinsurance mean?
The total value of indexed annuity obligations remaining on the company's books after subtracting the portion covered by reinsurance.