Non-Current Liabilities
Separate account liabilities
KKR & Co. Separate account liabilities decreased by 1.7% to $3.84B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 3.5%, from $3.98B to $3.84B. Over 4 years (FY 2021 to FY 2025), Separate account liabilities shows a downward trend with a -8.9% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ4 2023
Last reportedQ4 2025
How to read this metric
Changes in this balance reflect the market value fluctuations or net inflows/outflows of client-managed assets held in segregated accounts.
Detailed definition
These are liabilities that correspond directly to assets held in separate accounts, typically for insurance or investmen...
Peer comparison
Common in insurance and asset management firms that offer segregated investment products.
Metric ID:
ins_separate_account_liabilitiesHistorical Data
17 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | 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 | $5.59B | $5.07B | $4.36B | $4.05B | $4.13B | $4.16B | $4.18B | $3.90B | $4.11B | $4.22B | $4.12B | $4.13B | $3.98B | $3.74B | $3.84B | $3.91B | $3.84B |
| QoQ Change | — | -9.2% | -13.9% | -7.1% | +1.9% | +0.8% | +0.4% | -6.8% | +5.3% | +2.8% | -2.4% | +0.3% | -3.7% | -6.1% | +2.8% | +1.6% | -1.7% |
| YoY Change | — | — | — | — | -26.1% | -17.8% | -4.1% | -3.8% | -0.6% | +1.4% | -1.4% | +6.0% | -3.1% | -11.5% | -6.8% | -5.5% | -3.5% |
Range$3.74B – $5.59B
CAGR-8.9%
Avg YoY Growth-5.9%
Median YoY Growth-3.8%
Business Segments
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Insurance | $4.22B | $4.12B | $4.13B | $3.98B | $3.74B | $3.84B | $3.91B | $3.84B |
| Total | $4.22B | $4.12B | $4.13B | $3.98B | $3.74B | $3.84B | $3.91B | $3.84B |
Separate account liabilities at Other Companies
Frequently Asked Questions
- What is KKR & Co.'s separate account liabilities?
- KKR & Co. (KKR) reported separate account liabilities of $3.84B in Q4 2025.
- How has KKR & Co.'s separate account liabilities changed year-over-year?
- KKR & Co.'s separate account liabilities decreased by 3.5% year-over-year, from $3.98B to $3.84B.
- What is the long-term trend for KKR & Co.'s separate account liabilities?
- Over 4 years (2021 to 2025), KKR & Co.'s separate account liabilities has grown at a -8.9% compound annual growth rate (CAGR), from $5.59B to $3.84B.
- What does separate account liabilities mean?
- Liabilities that are exactly matched by specific assets held on behalf of clients.