XML 132 R111.htm IDEA: XBRL DOCUMENT v3.25.1
Related Party Transactions - Narrative (Details)
 12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Related Party Transaction [Line Items]      
Plus component of annual investment management fee 0.25    
Annual fee cap 0.15    
Privately-held Investments [1] $ 286,800,000 $ 475,000,000.0  
Other Investments [2] 267,200,000 209,300,000  
Net investment income (1) 318,000,000.0 [3] 275,700,000 $ 188,100,000
Accrued expenses and other payables [4] 237,200,000 214,400,000  
Gain (loss) on investments 52,600,000 75,900,000 5,000,000.0
Other expenses 0 0 20,100,000
Asset Management Arrangement      
Related Party Transaction [Line Items]      
Net investment income (1) 9,200,000 9,400,000 4,900,000
Accrued expenses and other payables 4,000,000.0 2,100,000  
Apollo real estate fund      
Related Party Transaction [Line Items]      
Gain (loss) on investments 400,000 (400,000) 3,100,000
Apollo real estate fund | Fair Value, Recurring [Member]      
Related Party Transaction [Line Items]      
Other Investments 78,600,000    
Beneficial owner      
Related Party Transaction [Line Items]      
Accounts Payable, Current 1,200,000 1,200,000  
Funds managed by Apollo | Fair Value, Recurring [Member]      
Related Party Transaction [Line Items]      
Other Investments 78,600,000 39,800,000  
Apollo Notes, SPV      
Related Party Transaction [Line Items]      
Privately-held investment, losses incurred (5,500,000) (5,500,000) (400,000)
Apollo Notes, SPV | Fair Value, Recurring [Member]      
Related Party Transaction [Line Items]      
Privately-held Investments 66,600,000 82,200,000  
CLOs      
Related Party Transaction [Line Items]      
Net investment income (1) 11,300,000 17,400,000 0
CLOs | Fair Value, Recurring [Member]      
Related Party Transaction [Line Items]      
Debt Securities, Trading 88,900,000 129,800,000  
Middle Market Term Loans managed by a subsidiary of Apollo      
Related Party Transaction [Line Items]      
Net investment income (1) 500,000 5,800,000 $ 0
Middle Market Term Loans managed by a subsidiary of Apollo | Fair Value, Recurring [Member]      
Related Party Transaction [Line Items]      
Debt Securities, Trading $ 7,000,000.0 $ 45,100,000  
Maximum      
Related Party Transaction [Line Items]      
Percentage of consolidated group's net income due to Apollo Management 1.00%    
Dollar amount option to percentage fee $ 5,000,000    
[1] Privately-held investments, trading at fair value include related party investments totaling $73.6 million (2023 — $112.4 million). Privately-held investments, available for sale include related party investments totaling $Nil (2023 — $14.9 million).
[2] Other investments includes related party investments in Funds Managed by Apollo of $78.6 million (2023 — $39.8 million).
[3] Net investment income includes related party net investment income of $15.2 million (2023 — $19.6 million, 2022 — $3.1 million) and related party investment management fees of $9.2 million (2023 — $9.4 million, 2022 — $4.9 million).
[4] Includes amounts due to related parties of $4.0 million for investment management fees (2023 — $2.1 million), and $1.3 million for management consulting fees (2023 — $1.2 million).