Discontinued — last reported Q2 '23
Apollo Global Management Effect of changes in instrument-specific credit risk increased by 10.0% to -$260.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 65.6%, from -$157.00M to -$260.00M. Over 3 years (FY 2022 to FY 2025), Effect of changes in instrument-specific credit risk shows a downward trend with a -10.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase in this value suggests a decline in the company's perceived credit quality, impacting the valuation of its liabilities.
This captures the cumulative impact of changes in the company's own credit risk on the valuation of market risk benefits...
Standard reporting requirement for financial institutions under fair value accounting for liabilities.
other_aoci_market_risk_benefit_instrument_specific_credi_19efcb| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q3 '23 | Q4 '23 | Q3 '24 | Q4 '24 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$397.00M | -$576.00M | -$524.00M | $366.00M | -$455.00M | -$220.00M | -$8.00M | -$95.00M | -$157.00M | -$289.00M | -$260.00M |
| QoQ Change | — | -45.1% | +9.0% | +169.8% | -224.3% | +51.6% | +96.4% | <-999% | -65.3% | -84.1% | +10.0% |
| YoY Change | — | — | — | — | -14.6% | +58.0% | -102.2% | +56.8% | <-999% | -204.2% | -65.6% |
| Segment | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|
| Indexed Annuities | — | — | — | -$284.00M | -$255.00M |
| Traditional Deferred Annuities | — | — | — | -$5.00M | -$5.00M |
| Traditional Deferred Annuities and Indexed Annuities | -$576.00M | -$524.00M | $366.00M | — | — |
| Total | -$576.00M | -$524.00M | $366.00M | -$289.00M | -$260.00M |