Apollo Global Management Total — Benefit payments increased by 2.7% to $1.15B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 0.8%, from $1.14B to $1.15B. Over 3 years (FY 2022 to FY 2025), Total — Benefit payments shows an upward trend with a 16.0% CAGR.
Increasing payments are expected as a book of business matures; unexpected spikes may indicate higher-than-anticipated mortality or surrender rates.
Represents the actual cash outflows made to policyholders or beneficiaries during the period for insurance claims and an...
A standard cash flow metric for all insurance and annuity providers, representing the core operational outflow.
apo_segment_total_benefit_payments| 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 | $730.25M | $730.25M | $730.25M | $730.25M | $885.00M | $863.00M | $983.00M | $1.12B | $1.15B | $1.14B | $1.13B | $1.14B | $1.15B | $1.13B | $1.12B | $1.15B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +21.2% | -2.5% | +13.9% | +14.0% | +2.1% | -0.3% | -0.7% | +0.5% | +1.2% | -1.8% | -1.2% | +2.7% |
| YoY Change | — | — | — | — | +21.2% | +18.2% | +34.6% | +53.5% | +29.4% | +32.3% | +15.4% | +1.7% | +0.8% | -0.8% | -1.3% | +0.8% |