KKR & Co. Insurance — Funds Withheld Payable at Interest increased by 3.2% to $46.82B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.5%, from $43.96B to $46.82B. Over 4 years (FY 2021 to FY 2025), Insurance — Funds Withheld Payable at Interest shows an upward trend with a 24.5% CAGR.
Changes reflect the volume and structure of reinsurance activity and the cost of capital associated with these arrangements.
Represents funds retained by the insurance company from reinsurance transactions where the reinsurer is entitled to inte...
Common in life and annuity insurance companies utilizing reinsurance strategies.
kkr_segment_insurance_funds_withheld_payable_at_interest| Q2 '21 | Q3 '21 | 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 | $14.62B | $23.61B | $23.46B | $21.78B | $22.09B | $21.06B | $22.74B | $23.00B | $23.25B | $22.74B | $34.34B | $42.64B | $43.94B | $45.39B | $43.96B | $44.25B | $44.14B | $45.37B | $46.82B |
| QoQ Change | — | +61.5% | -0.7% | -7.2% | +1.4% | -4.6% | +8.0% | +1.1% | +1.1% | -2.2% | +51.0% | +24.2% | +3.1% | +3.3% | -3.1% | +0.7% | -0.3% | +2.8% | +3.2% |
| YoY Change | — | — | — | — | +51.1% | -10.8% | -3.1% | +5.6% | +5.3% | +7.9% | +51.0% | +85.4% | +89.0% | +99.6% | +28.0% | +3.8% | +0.5% | -0.0% | +6.5% |