KKR & Co. Fixed indexed annuities — Value of Business Acquired decreased by 1.9% to $535.52M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 7.4%, from $578.16M to $535.52M. Over 3 years (FY 2022 to FY 2025), Fixed indexed annuities — Value of Business Acquired shows a downward trend with a -6.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase reflects successful acquisition integration or favorable performance of acquired blocks, while a decrease suggests portfolio runoff or impairment.
This represents the intangible asset recognized when an insurance business is acquired, reflecting the present value of...
Common in M&A-heavy insurance firms; similar to VOBA or PVIF assets at peers.
kkr_segment_fixed_indexed_annuities_value_of_business_acquired| 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 | $709.27M | $696.77M | $684.43M | $673.81M | $663.30M | $652.94M | $642.70M | $632.28M | $621.37M | $610.65M | $600.07M | $589.15M | $578.16M | $567.35M | $556.72M | $546.02M | $535.52M |
| QoQ Change | — | -1.8% | -1.8% | -1.6% | -1.6% | -1.6% | -1.6% | -1.6% | -1.7% | -1.7% | -1.7% | -1.8% | -1.9% | -1.9% | -1.9% | -1.9% | -1.9% |
| YoY Change | — | — | — | — | -6.5% | -6.3% | -6.1% | -6.2% | -6.3% | -6.5% | -6.6% | -6.8% | -7.0% | -7.1% | -7.2% | -7.3% | -7.4% |