KKR & Co. Credit Enhancements 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), Credit Enhancements shows an upward trend with a 18.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase reflects higher interest-bearing liabilities to reinsurers, potentially increasing the cost of financing or risk-sharing arrangements.
This represents liabilities related to funds withheld from reinsurers that accrue interest, along with associated deferr...
Common in complex reinsurance structures where collateral is held; peers report similar 'funds withheld' liabilities.
other_funds_withheld_payable_at_interest_and_deferred_in_eb3152| 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 | $14.65B | $23.62B | $23.49B | $21.78B | $22.07B | $21.06B | $22.74B | $23.00B | $23.25B | $22.74B | $34.03B | $42.64B | $43.94B | $45.39B | $43.96B | $44.25B | $44.14B | $45.37B | $46.82B |
| QoQ Change | — | +61.3% | -0.6% | -7.3% | +1.3% | -4.6% | +8.0% | +1.1% | +1.1% | -2.2% | +49.7% | +25.3% | +3.1% | +3.3% | -3.1% | +0.7% | -0.3% | +2.8% | +3.2% |
| YoY Change | — | — | — | — | +50.7% | -10.8% | -3.2% | +5.6% | +5.4% | +7.9% | +49.6% | +85.4% | +89.0% | +99.6% | +29.2% | +3.8% | +0.5% | -0.0% | +6.5% |