Business Segments · Reinsurance Liabilities

Insurance — Reinsurance Liabilities

KKR & Co. Insurance — Reinsurance Liabilities increased by 3.3% to $49.10B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 5.0%, from $46.76B to $49.10B. Over 4 years (FY 2021 to FY 2025), Insurance — Reinsurance Liabilities shows an upward trend with a 32.2% CAGR.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2020
Last reportedQ4 2025

How to read this metric

An increase indicates higher reliance on reinsurance to manage risk, whereas a decrease may signal a shift toward retaining more underwriting risk.

Detailed definition

Represents the net obligations to reinsurers, including premiums ceded but not yet paid and other contractual liabilitie...

Peer comparison

Standard metric for insurance companies that utilize reinsurance as a risk management tool.

Metric ID: kkr_segment_insurance_reinsurance_liabilities

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$14.57B$23.65B$23.51B$23.00B$24.67B$24.48B$26.23B$26.05B$26.34B$26.49B$36.79B$45.18B$46.84B$46.98B$46.76B$46.63B$46.74B$47.52B$49.10B
QoQ Change+62.4%-0.6%-2.2%+7.3%-0.8%+7.1%-0.7%+1.1%+0.6%+38.9%+22.8%+3.7%+0.3%-0.5%-0.3%+0.2%+1.7%+3.3%
YoY Change+69.4%+3.5%+11.6%+13.3%+6.8%+8.2%+40.3%+73.4%+77.8%+77.3%+27.1%+3.2%-0.2%+1.1%+5.0%
Range$14.57B$49.10B
CAGR+31.0%
Avg YoY Growth+27.9%
Median YoY Growth+11.6%
Current Streak3 quarters growth

Frequently Asked Questions

What is KKR & Co.'s insurance — reinsurance liabilities?
KKR & Co. (KKR) reported insurance — reinsurance liabilities of $49.10B in Q4 2025.
How has KKR & Co.'s insurance — reinsurance liabilities changed year-over-year?
KKR & Co.'s insurance — reinsurance liabilities increased by 5.0% year-over-year, from $46.76B to $49.10B.
What is the long-term trend for KKR & Co.'s insurance — reinsurance liabilities?
Over 4 years (2021 to 2025), KKR & Co.'s insurance — reinsurance liabilities has grown at a 32.2% compound annual growth rate (CAGR), from $62.15B to $189.99B.
What does insurance — reinsurance liabilities mean?
Financial obligations owed to reinsurers for transferred risk.