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Business Segments · Future policy benefits

Retirement Services — Future policy benefits

Apollo Global Management Retirement Services — Future policy benefits decreased by 3.2% to $48.66B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.5%, from $49.9B to $48.66B. Over 3 years (FY 2022 to FY 2025), Retirement Services — Future policy benefits shows relatively stable performance with a -1.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2021
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase suggests growth in the underlying insurance book or changes in actuarial assumptions, while a decrease may indicate policy maturity or shifts in product mix.

Detailed definition

Represents the actuarial estimate of the present value of future benefits payable to policyholders under insurance and a...

Peer comparison

Standard liability line item for life and annuity insurers, often compared as a percentage of total insurance reserves.

Metric ID: apo_segment_retirement_services_future_policy_benefits

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$48.09B$52.48B$54.71B$55.33B$42.49B$50.28B$46.67B$53.29B$51.67B$50.8B$52.96B$49.9B$49.9B$49.4B$49.01B$50.26B$48.66B
QoQ Change+9.1%+4.3%+1.1%-23.2%+18.3%-7.2%+14.2%-3.0%-1.7%+4.3%-5.8%-0.0%-1.0%-0.8%+2.6%-3.2%
YoY Change-11.7%-4.2%-14.7%-3.7%+21.6%+1.0%+13.5%-6.4%-3.4%-2.8%-7.5%+0.7%-2.5%
Range$0$55.33B
Avg YoY Growth-1.5%
Median YoY Growth-3.4%

Frequently Asked Questions

What is Apollo Global Management's retirement services — future policy benefits?
Apollo Global Management (APO) reported retirement services — future policy benefits of $48.66B in Q1 2026.
How has Apollo Global Management's retirement services — future policy benefits changed year-over-year?
Apollo Global Management's retirement services — future policy benefits decreased by 2.5% year-over-year, from $49.9B to $48.66B.
What is the long-term trend for Apollo Global Management's retirement services — future policy benefits?
Over 3 years (2022 to 2025), Apollo Global Management's retirement services — future policy benefits has grown at a -1.9% compound annual growth rate (CAGR), from $210.61B to $198.57B.
What does retirement services — future policy benefits mean?
The estimated total amount the company expects to pay out for future insurance and annuity claims.