KKR & Co. Liability for Claims and Claims Adjustment Expense increased by 1.6% to $355.80M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 17.1%, from $303.80M to $355.80M. Over 3 years (FY 2022 to FY 2025), Liability for Claims and Claims Adjustment Expense shows an upward trend with a 11.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase relative to premiums earned may suggest rising medical costs or slower claims processing, while a decrease could indicate improved claims management or lower utilization.
This represents the estimated obligation for medical claims that have been incurred but not yet paid or fully processed...
A primary metric for all health insurance providers; peers report this as claims reserves or unpaid claims.
current_liabilities_liability_for_claims_and_claims_adju_7e9431| 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 | $253.70M | $322.80M | $231.10M | $190.70M | $235.10M | $240.00M | $243.80M | $290.20M | $303.80M | $352.70M | $357.50M | $350.20M | $355.80M |
| QoQ Change | — | +27.2% | -28.4% | -17.5% | +23.3% | +2.1% | +1.6% | +19.0% | +4.7% | +16.1% | +1.4% | -2.0% | +1.6% |
| YoY Change | — | — | — | — | -7.3% | -25.7% | +5.5% | +52.2% | +29.2% | +47.0% | +46.6% | +20.7% | +17.1% |