Business Segments · Universal life benefits

Retirement Services — Universal life benefits

Apollo Global Management Retirement Services — Universal life benefits decreased by 1.4% to $766.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 3.2%, from $742.00M to $766.00M. Over 3 years (FY 2022 to FY 2025), Retirement Services — Universal life benefits shows a downward trend with a -6.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ4 2025

How to read this metric

An increase in liabilities may reflect growth in the business or changes in actuarial assumptions regarding policyholder longevity or interest rates.

Detailed definition

The estimated liability for future policy benefits related to universal life insurance products. This represents the pre...

Peer comparison

Standard liability metric for life insurance companies offering universal life products.

Metric ID: apo_segment_retirement_services_universal_life_benefits

Historical Data

16 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$1.10B$943.00M$852.00M$829.00M$879.00M$854.00M$739.00M$834.00M$788.00M$769.00M$820.00M$742.00M$769.00M$755.00M$777.00M$766.00M
QoQ Change-14.0%-9.7%-2.7%+6.0%-2.8%-13.5%+12.9%-5.5%-2.4%+6.6%-9.5%+3.6%-1.8%+2.9%-1.4%
YoY Change-19.8%-9.4%-13.3%+0.6%-10.4%-10.0%+11.0%-11.0%-2.4%-1.8%-5.2%+3.2%
Range$739.00M$1.10B
CAGR-9.1%
Avg YoY Growth-5.7%
Median YoY Growth-7.3%

Frequently Asked Questions

What is Apollo Global Management's retirement services — universal life benefits?
Apollo Global Management (APO) reported retirement services — universal life benefits of $766.00M in Q4 2025.
How has Apollo Global Management's retirement services — universal life benefits changed year-over-year?
Apollo Global Management's retirement services — universal life benefits increased by 3.2% year-over-year, from $742.00M to $766.00M.
What is the long-term trend for Apollo Global Management's retirement services — universal life benefits?
Over 3 years (2022 to 2025), Apollo Global Management's retirement services — universal life benefits has grown at a -6.2% compound annual growth rate (CAGR), from $3.72B to $3.07B.
What does retirement services — universal life benefits mean?
The estimated future payout obligations for universal life insurance policies.