Business Segments · Direct

Insurance — Direct

KKR & Co. Insurance — Direct increased by 1.3% to $97.36B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 15.8%, from $84.06B to $97.36B. Over 2 years (FY 2023 to FY 2025), Insurance — Direct shows an upward trend with a 11.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2022
Last reportedQ4 2025

How to read this metric

Growth in direct business indicates successful organic market penetration and brand strength.

Detailed definition

Refers to insurance business originated directly by the company, rather than business assumed from other insurers. This...

Peer comparison

Universal metric for all insurance companies to track organic vs. inorganic growth.

Metric ID: kkr_segment_insurance_direct

Historical Data

13 periods
 Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$71.83B$73.57B$73.38B$73.44B$75.72B$78.69B$79.69B$82.40B$84.06B$87.14B$89.65B$96.10B$97.36B
QoQ Change+2.4%-0.3%+0.1%+3.1%+3.9%+1.3%+3.4%+2.0%+3.7%+2.9%+7.2%+1.3%
YoY Change+5.4%+7.0%+8.6%+12.2%+11.0%+10.7%+12.5%+16.6%+15.8%
Range$71.83B$97.36B
CAGR+10.7%
Avg YoY Growth+11.1%
Median YoY Growth+11.0%
Current Streak10 quarters growth

Frequently Asked Questions

What is KKR & Co.'s insurance — direct?
KKR & Co. (KKR) reported insurance — direct of $97.36B in Q4 2025.
How has KKR & Co.'s insurance — direct changed year-over-year?
KKR & Co.'s insurance — direct increased by 15.8% year-over-year, from $84.06B to $97.36B.
What is the long-term trend for KKR & Co.'s insurance — direct?
Over 2 years (2023 to 2025), KKR & Co.'s insurance — direct has grown at a 11.8% compound annual growth rate (CAGR), from $296.10B to $370.25B.
What does insurance — direct mean?
Insurance policies written directly by the company for its own customers.