Non-Current Assets
Reinsurance recoverables
Apollo Global Management Reinsurance recoverables increased by 25.5% to $10.28B in Q4 2025 compared to the prior quarter. Over 3 years (FY 2022 to FY 2025), Reinsurance recoverables shows an upward trend with a 33.1% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2022
Last reportedQ4 2025Feb 25, 2026
How to read this metric
An increase suggests higher risk transfer to reinsurers, while a decrease may indicate lower reliance on reinsurance or changes in claim expectations.
Detailed definition
This represents the portion of insurance claims and policy reserves that the firm expects to recover from third-party re...
Peer comparison
Standard for insurance and retirement services companies managing underwriting risk.
Metric ID:
ins_reinsurance_recoverablesHistorical Data
4 periods
| Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|
| Value | $4.36B | $4.15B | $8.19B | $10.28B |
| QoQ Change | — | -4.7% | +97.3% | +25.5% |
| YoY Change | — | -4.7% | +97.3% | +25.5% |
Range$4.15B – $10.28B
Avg YoY Growth+39.4%
Median YoY Growth+25.5%
Current Streak2 quarters growth
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Retirement Services | $1.52B | $1.71B | $1.66B | $1.73B | $1.78B | $1.9B | $1.91B | $1.85B |
| Total | — | — | $8.19B | — | — | — | $10.28B | — |
Reinsurance recoverables at Other Companies
Frequently Asked Questions
- What is Apollo Global Management's reinsurance recoverables?
- Apollo Global Management (APO) reported reinsurance recoverables of $10.28B in Q4 2025.
- What is the long-term trend for Apollo Global Management's reinsurance recoverables?
- Over 3 years (2022 to 2025), Apollo Global Management's reinsurance recoverables has grown at a 33.1% compound annual growth rate (CAGR), from $4.36B to $10.28B.
- What does reinsurance recoverables mean?
- The amount the company expects to be paid back by reinsurers for claims.