Business Segments · Debt Obligations

Insurance — Debt Obligations

KKR & Co. Insurance — Debt Obligations decreased by 1.7% to $3.82B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.9%, from $3.71B to $3.82B. Over 4 years (FY 2021 to FY 2025), Insurance — Debt Obligations shows an upward trend with a 22.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2020
Last reportedQ4 2025
Rolls up toLong-Term Debt

How to read this metric

Higher levels indicate increased financial leverage, which can enhance returns but also elevates the risk profile of the insurance segment.

Detailed definition

Includes all interest-bearing debt instruments issued or assumed by the insurance segment to fund operations or capital...

Peer comparison

Standard debt metric for insurance subsidiaries within larger financial groups.

Metric ID: kkr_segment_insurance_debt_obligations

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$1.44B$2.16B$1.91B$2.03B$1.98B$1.92B$2.30B$2.16B$2.36B$2.31B$2.59B$3.09B$3.70B$3.81B$3.71B$3.77B$3.85B$3.89B$3.82B
QoQ Change+50.6%-11.8%+6.4%-2.7%-2.8%+19.7%-6.2%+9.2%-1.7%+11.8%+19.3%+19.8%+3.1%-2.6%+1.6%+2.0%+1.0%-1.7%
YoY Change+37.6%-11.2%+20.5%+6.3%+19.3%+20.5%+12.5%+43.1%+57.0%+64.6%+43.5%+22.2%+4.1%+2.0%+2.9%
Range$1.44B$3.89B
CAGR+24.3%
Avg YoY Growth+23.0%
Median YoY Growth+20.5%

Frequently Asked Questions

What is KKR & Co.'s insurance — debt obligations?
KKR & Co. (KKR) reported insurance — debt obligations of $3.82B in Q4 2025.
How has KKR & Co.'s insurance — debt obligations changed year-over-year?
KKR & Co.'s insurance — debt obligations increased by 2.9% year-over-year, from $3.71B to $3.82B.
What is the long-term trend for KKR & Co.'s insurance — debt obligations?
Over 4 years (2021 to 2025), KKR & Co.'s insurance — debt obligations has grown at a 22.1% compound annual growth rate (CAGR), from $6.91B to $15.33B.
What does insurance — debt obligations mean?
The total interest-bearing debt held by the insurance segment.