Apollo Global Management Retirement Services — Reinsurance recoverable increased by 0.5% to $1.91B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 15.1%, from $1.66B to $1.91B. Over 3 years (FY 2022 to FY 2025), Retirement Services — Reinsurance recoverable shows a downward trend with a -7.5% CAGR.
Higher levels indicate greater reliance on reinsurance to manage risk, while lower levels suggest more risk is retained on the balance sheet.
The amount of assets due from reinsurers to the retirement services segment for claims paid or liabilities assumed under...
Standard for insurance companies; peers report this as 'Reinsurance Recoverable' or 'Amounts Due from Reinsurers'.
apo_segment_retirement_services_reinsurance_recoverable| 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 | $1.81B | $1.58B | $1.48B | $4.37B | $1.47B | $1.44B | $1.30B | $1.37B | $1.47B | $1.52B | $1.71B | $1.66B | $1.73B | $1.78B | $1.90B | $1.91B |
| QoQ Change | — | — | -12.9% | -6.6% | +195.9% | -66.3% | -2.3% | -9.4% | +5.1% | +7.4% | +3.4% | +12.6% | -2.9% | +4.1% | +2.9% | +6.8% | +0.5% |
| YoY Change | — | — | — | — | — | -19.0% | -9.1% | -11.9% | -68.7% | -0.1% | +5.7% | +31.4% | +21.5% | +17.8% | +17.3% | +11.2% | +15.1% |