What is Blackrock's separate account liabilities?

Blackrock (BLK) reported separate account liabilities of $58.79B in Q1 2026.

How has Blackrock's separate account liabilities changed year-over-year?

Blackrock's separate account liabilities increased by 9.6% year-over-year, from $53.66B to $58.79B.

What is the long-term trend for Blackrock's separate account liabilities?

Over 2 years (2023 to 2025), Blackrock's separate account liabilities has grown at a 3.5% compound annual growth rate (CAGR), from $56.10B to $60.10B.

What does separate account liabilities mean?

Liabilities that are matched by specific assets held for policyholders, where the policyholder bears the investment risk.

Non-Current Liabilities

Separate account liabilities

Blackrock Separate account liabilities decreased by 2.2% to $58.79B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.6%, from $53.66B to $58.79B. Over 2 years (FY 2023 to FY 2025), Separate account liabilities shows relatively stable performance with a 3.5% CAGR.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Liabilities

CategoryRisk

SignalContext dependent

VolatilityModerate

First reportedQ4 2023

Last reportedQ1 2026May 6, 2026

How to read this metric

Changes reflect the performance of underlying assets in separate accounts and the volume of policyholder participation.

Detailed definition

These are liabilities that correspond directly to assets held in separate accounts for the benefit of specific policyhol...

Peer comparison

Common in life and annuity insurance companies; peers with similar product mixes will show comparable balances.

Metric ID: ins_separate_account_liabilities

Historical Data

8 periods

	Q4 '23	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Value	$56.10B	$56.69B	$52.81B	$53.66B	$56.11B	$53.57B	$60.10B	$58.79B
QoQ Change	—	+1.1%	-6.8%	+1.6%	+4.6%	-4.5%	+12.2%	-2.2%
YoY Change	—	—	-5.9%	—	—	-5.5%	+13.8%	+9.6%

Range$52.81B – $60.10B

CAGR+2.7%

Avg YoY Growth+3.0%

Median YoY Growth+2.0%

Separate account liabilities at Other Companies

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Frequently Asked Questions

What is Blackrock's separate account liabilities?: Blackrock (BLK) reported separate account liabilities of $58.79B in Q1 2026.
How has Blackrock's separate account liabilities changed year-over-year?: Blackrock's separate account liabilities increased by 9.6% year-over-year, from $53.66B to $58.79B.
What is the long-term trend for Blackrock's separate account liabilities?: Over 2 years (2023 to 2025), Blackrock's separate account liabilities has grown at a 3.5% compound annual growth rate (CAGR), from $56.10B to $60.10B.
What does separate account liabilities mean?: Liabilities that are matched by specific assets held for policyholders, where the policyholder bears the investment risk.