KKR & Co. Insurance — Non-Operating Changes in Policy Liabilities and Derivatives increased by 68.7% to $58.01M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 44.2%, from $104.00M to $58.01M. Over 4 years (FY 2021 to FY 2025), Insurance — Non-Operating Changes in Policy Liabilities and Derivatives shows an upward trend with a 22.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A decrease in liabilities is generally favorable, while large fluctuations indicate sensitivity to macroeconomic variables like interest rates.
This metric captures fluctuations in the valuation of insurance policy liabilities and associated derivatives that are e...
Similar to 'Change in Fair Value of Insurance Liabilities' or 'Non-Operating Actuarial Adjustments' at peer insurers.
kkr_segment_insurance_non_operating_changes_in_policy_liabilities_and_derivatives| 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 | -$35.38M | -$35.38M | -$35.38M | -$192.20M | $474.97M | $184.30M | $605.50M | $106.49M | $57.46M | -$42.36M | $107.34M | $73.86M | $106.47M | $12.59M | $104.00M | $86.63M | $140.46M | $34.38M | $58.01M |
| QoQ Change | — | +0.0% | +0.0% | -443.3% | +347.1% | -61.2% | +228.5% | -82.4% | -46.0% | -173.7% | +353.4% | -31.2% | +44.1% | -88.2% | +726.1% | -16.7% | +62.1% | -75.5% | +68.7% |
| YoY Change | — | — | — | — | >999% | +621.0% | >999% | +155.4% | -87.9% | -123.0% | -82.3% | -30.6% | +85.3% | +129.7% | -3.1% | +17.3% | +31.9% | +173.1% | -44.2% |