Skip to content
Non-Current Assets

Deferred policy acquisition costs

KKR & Co. Deferred policy acquisition costs increased by 3.8% to $2.46B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 30.2%, from $1.89B to $2.46B. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ4 2020
Last reportedQ1 2026May 8, 2026

How to read this metric

An increase suggests high growth in new policy sales, while a decrease may indicate lower sales or faster amortization.

Detailed definition

Costs directly related to the acquisition of new insurance policies, such as commissions and underwriting expenses, whic...

Peer comparison

Standard for insurance companies; peers report this as 'Deferred Policy Acquisition Costs' or 'DAC'.

Metric ID: ins_deferred_policy_acquisition_costs

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$199.87M$302.42M$397.58M$505.02M$617.37M$727.99M$820.97M$930.47M$973.47M$1.05B$1.15B$1.26B$1.38B$1.58B$1.73B$1.89B$2.06B$2.22B$2.37B$2.46B
QoQ Change+51.3%+31.5%+27.0%+22.2%+17.9%+12.8%+13.3%+4.6%+8.2%+9.6%+9.2%+9.2%+14.7%+9.7%+9.0%+9.1%+8.1%+6.4%+3.8%
YoY Change+208.9%+140.7%+106.5%+84.2%+57.7%+44.7%+40.7%+35.5%+41.4%+49.8%+49.9%+49.7%+49.6%+41.0%+36.7%+30.2%
Range$199.87M$2.46B
CAGR+69.6%
Avg YoY Growth+66.7%
Median YoY Growth+49.6%
Current Streak19+ quarters growth

Product Breakdown

View all
SegmentQ4 '25
Fixed Indexed Annuities$1.05B
Other$692.81M
Fixed Rate Annuities$489.96M
Interest Sensitive Life$130.43M
Total$2.37B

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Insurance$1.38B$1.58B$1.73B$1.89B$2.06B$2.22B$2.37B$2.46B
Total$1.38B$1.58B$1.73B$1.89B$2.06B$2.22B$2.37B$2.46B

Frequently Asked Questions

What is KKR & Co.'s deferred policy acquisition costs?
KKR & Co. (KKR) reported deferred policy acquisition costs of $2.46B in Q1 2026.
How has KKR & Co.'s deferred policy acquisition costs changed year-over-year?
KKR & Co.'s deferred policy acquisition costs increased by 30.2% year-over-year, from $1.89B to $2.46B.
What does deferred policy acquisition costs mean?
Upfront costs to acquire insurance policies that are spread out over the life of the policy.