Business Segments · Funds withheld liability
Retirement Services — Funds withheld liability
Apollo Global Management Retirement Services — Funds withheld liability increased by 5.1% to $6.25B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 34.7%, from $4.64B to $6.25B. Over 2 years (FY 2023 to FY 2025), Retirement Services — Funds withheld liability shows an upward trend with a 289.0% CAGR.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ3 2022
Last reportedQ1 2026May 7, 2026
How to read this metric
Growth in this liability often correlates with increased reinsurance activity and expansion of the retirement business.
Detailed definition
A liability representing funds retained by a ceding company under a reinsurance agreement, where the assets are held by...
Peer comparison
Standard in reinsurance accounting for life and annuity companies.
Metric ID:
apo_segment_retirement_services_funds_withheld_liabilityHistorical Data
15 periods
| 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $360M | $360M | $346M | $305M | $349M | $350M | $1.37B | $2.39B | $3.42B | $4.33B | $4.64B | $4.5B | $5.34B | $5.95B | $6.25B |
| QoQ Change | — | +0.0% | -3.9% | -11.8% | +14.4% | +0.3% | +290.0% | +74.7% | +43.2% | +26.8% | +7.0% | -2.9% | +18.6% | +11.3% | +5.1% |
| YoY Change | — | — | — | — | -3.1% | -2.8% | +294.5% | +682.0% | +878.8% | >999% | +239.6% | +88.8% | +56.3% | +37.3% | +34.7% |
Range$305M – $6.25B
CAGR+126.0%
Avg YoY Growth+313.1%
Median YoY Growth+88.8%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is Apollo Global Management's retirement services — funds withheld liability?
- Apollo Global Management (APO) reported retirement services — funds withheld liability of $6.25B in Q1 2026.
- How has Apollo Global Management's retirement services — funds withheld liability changed year-over-year?
- Apollo Global Management's retirement services — funds withheld liability increased by 34.7% year-over-year, from $4.64B to $6.25B.
- What is the long-term trend for Apollo Global Management's retirement services — funds withheld liability?
- Over 2 years (2023 to 2025), Apollo Global Management's retirement services — funds withheld liability has grown at a 289.0% compound annual growth rate (CAGR), from $1.35B to $20.43B.
- What does retirement services — funds withheld liability mean?
- The amount of money held by a partner company that is owed to the firm.