Business Segments · Investment Gains And (Losses), Adjustment, Net

Insurance — Investment Gains And (Losses), Adjustment, Net

KKR & Co. Insurance — Investment Gains And (Losses), Adjustment, Net decreased by 1321.1% to -$2.87B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 1128.7%, from $278.69M to -$2.87B. Over 3 years (FY 2021 to FY 2025), Insurance — Investment Gains And (Losses), Adjustment, Net shows a downward trend with a 51.9% CAGR.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ1 2021
Last reportedQ4 2025

How to read this metric

Used to normalize earnings; a large adjustment indicates significant market volatility impacting the portfolio.

Detailed definition

A net adjustment reflecting the impact of market fluctuations on the insurance segment's investment portfolio. This reco...

Peer comparison

Common in asset-heavy insurance firms that distinguish between core underwriting and market-based investment returns.

Metric ID: kkr_segment_insurance_investment_gains_and_losses_adjustment_net

Historical Data

16 periods
 Q2 '21Q3 '21Q4 '21Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$136.09M$136.09M$136.09M-$11.58M$260.51M$193.77M-$75.06M$321.17M$258.48M$308.52M$687.17M$278.69M$1.30B-$138.24M-$201.73M-$2.87B
QoQ Change+0.0%+0.0%-108.5%>999%-25.6%-138.7%+527.9%-19.5%+19.4%+122.7%-59.4%+366.1%-110.6%-45.9%<-999%
YoY Change-108.5%-548.0%-0.8%+59.2%>999%-13.2%+402.6%-144.8%-129.4%<-999%
Range-$2.87B$1.30B
CAGR+125.4%
Avg YoY Growth-59.6%
Median YoY Growth-60.9%
Current Streak3 quarters decline

Frequently Asked Questions

What is KKR & Co.'s insurance — investment gains and (losses), adjustment, net?
KKR & Co. (KKR) reported insurance — investment gains and (losses), adjustment, net of -$2.87B in Q4 2025.
How has KKR & Co.'s insurance — investment gains and (losses), adjustment, net changed year-over-year?
KKR & Co.'s insurance — investment gains and (losses), adjustment, net decreased by 1128.7% year-over-year, from $278.69M to -$2.87B.
What is the long-term trend for KKR & Co.'s insurance — investment gains and (losses), adjustment, net?
Over 3 years (2021 to 2025), KKR & Co.'s insurance — investment gains and (losses), adjustment, net has grown at a 51.9% compound annual growth rate (CAGR), from $544.36M to -$1.91B.
What does insurance — investment gains and (losses), adjustment, net mean?
The net adjustment to remove volatile market-driven investment gains or losses from operating results.