Business Segments · Net Investment Income

Insurance — Net Investment Income

KKR & Co. Insurance — Net Investment Income increased by 4.0% to $2.05B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 15.6%, from $1.77B to $2.05B. Over 4 years (FY 2021 to FY 2025), Insurance — Net Investment Income shows an upward trend with a 28.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

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

How to read this metric

Higher income indicates effective asset allocation and yield generation on the insurance float.

Detailed definition

The income earned from the insurance segment's investment portfolio, including interest, dividends, and rental income, n...

Peer comparison

Standard metric across all insurance and asset management firms with insurance subsidiaries.

Metric ID: kkr_segment_insurance_net_investment_income

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$716.50M$758.38M$925.96M$812.61M$931.89M$1.09B$1.28B$1.30B$1.31B$1.41B$1.49B$1.52B$1.58B$1.70B$1.77B$1.78B$1.86B$1.97B$2.05B
QoQ Change+5.8%+22.1%-12.2%+14.7%+17.5%+16.8%+1.7%+0.8%+7.7%+5.6%+1.9%+4.0%+7.7%+4.1%+0.6%+4.5%+5.7%+4.0%
YoY Change+30.1%+44.4%+38.1%+60.1%+40.7%+29.0%+16.6%+16.9%+20.6%+20.5%+18.9%+17.3%+17.9%+15.7%+15.6%
Range$716.50M$2.05B
CAGR+26.3%
Avg YoY Growth+26.8%
Median YoY Growth+20.5%
Current Streak15 quarters growth

Frequently Asked Questions

What is KKR & Co.'s insurance — net investment income?
KKR & Co. (KKR) reported insurance — net investment income of $2.05B in Q4 2025.
How has KKR & Co.'s insurance — net investment income changed year-over-year?
KKR & Co.'s insurance — net investment income increased by 15.6% year-over-year, from $1.77B to $2.05B.
What is the long-term trend for KKR & Co.'s insurance — net investment income?
Over 4 years (2021 to 2025), KKR & Co.'s insurance — net investment income has grown at a 28.1% compound annual growth rate (CAGR), from $2.85B to $7.67B.
What does insurance — net investment income mean?
Earnings generated from the company's investment assets held to support insurance liabilities.