Business Segments · Insurance liabilities
Retirement Services — Insurance liabilities
Apollo Global Management Retirement Services — Insurance liabilities increased by 30.8% to $3.12B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 30.8%, from $2.38B to $3.12B.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2021
Last reportedQ4 2025Feb 25, 2026
How to read this metric
Growth in liabilities generally tracks the growth of the retirement business and the accumulation of assets under management.
Detailed definition
The total estimated future obligations to policyholders for insurance and annuity contracts. This represents the core lo...
Peer comparison
Standard metric for all life and annuity insurance companies.
Metric ID:
apo_segment_retirement_services_insurance_liabilitiesHistorical Data
5 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $0 | $1.02B | $1.74B | $2.38B | $3.12B |
| QoQ Change | — | — | +71.6% | +36.8% | +30.8% |
| YoY Change | — | — | +71.6% | +36.8% | +30.8% |
Range$0 – $3.12B
Avg YoY Growth+46.4%
Median YoY Growth+36.8%
Current Streak3+ quarters growth
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Frequently Asked Questions
- What is Apollo Global Management's retirement services — insurance liabilities?
- Apollo Global Management (APO) reported retirement services — insurance liabilities of $3.12B in Q4 2025.
- How has Apollo Global Management's retirement services — insurance liabilities changed year-over-year?
- Apollo Global Management's retirement services — insurance liabilities increased by 30.8% year-over-year, from $2.38B to $3.12B.
- What does retirement services — insurance liabilities mean?
- The total amount the company expects to pay out to policyholders in the future.