Business Segments · Change in Policy Liabilities and Accruals, Net – Insurance

Insurance — Change in Policy Liabilities and Accruals, Net – Insurance

KKR & Co. Insurance — Change in Policy Liabilities and Accruals, Net – Insurance increased by 22.5% to $932.85M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 623.4%, from -$178.23M to $932.85M. Over 3 years (FY 2021 to FY 2025), Insurance — Change in Policy Liabilities and Accruals, Net – Insurance shows an upward trend with a 15.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ4 2025

How to read this metric

An increase generally reflects growth in the insurance liability base, which often correlates with higher AUM.

Detailed definition

Represents the net change in the company's obligations to policyholders, including reserves for future claims and benefi...

Peer comparison

Comparable to changes in insurance reserves at peer insurance and annuity providers.

Metric ID: kkr_segment_insurance_change_in_policy_liabilities_and_accruals_net_insurance

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value-$196.83M-$197.93M-$582.85M-$422.30M$48.06M$88.17M$130.15M-$243.90M-$577.73M-$26.33M-$89.82M-$170.54M-$28.00M-$178.23M-$260.27M$346.01M$761.28M$932.85M
QoQ Change-0.6%-194.5%+27.5%+111.4%+83.5%+47.6%-287.4%-136.9%+95.4%-241.2%-89.9%+83.6%-536.6%-46.0%+232.9%+120.0%+22.5%
YoY Change+124.4%+144.5%+130.8%-607.5%-755.2%-169.0%+30.1%+95.2%-577.0%-189.8%+302.9%>999%+623.4%
Range-$582.85M$932.85M
CAGR+44.2%
Avg YoY Growth+151.7%
Median YoY Growth+95.2%
Current Streak3 quarters growth

Frequently Asked Questions

What is KKR & Co.'s insurance — change in policy liabilities and accruals, net – insurance?
KKR & Co. (KKR) reported insurance — change in policy liabilities and accruals, net – insurance of $932.85M in Q4 2025.
How has KKR & Co.'s insurance — change in policy liabilities and accruals, net – insurance changed year-over-year?
KKR & Co.'s insurance — change in policy liabilities and accruals, net – insurance increased by 623.4% year-over-year, from -$178.23M to $932.85M.
What is the long-term trend for KKR & Co.'s insurance — change in policy liabilities and accruals, net – insurance?
Over 3 years (2021 to 2025), KKR & Co.'s insurance — change in policy liabilities and accruals, net – insurance has grown at a 15.1% compound annual growth rate (CAGR), from -$1.17B to $1.78B.
What does insurance — change in policy liabilities and accruals, net – insurance mean?
The net change in the amount the company owes to policyholders for future claims.