Products & Services · Value of Business Acquired

Fixed rate annuities — Value of Business Acquired

KKR & Co. Fixed rate annuities — Value of Business Acquired decreased by 2.2% to $37.76M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 8.4%, from $41.24M to $37.76M. Over 3 years (FY 2022 to FY 2025), Fixed rate annuities — Value of Business Acquired shows a downward trend with a -8.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2020
Last reportedQ4 2025

How to read this metric

A higher value indicates a more profitable acquired book, while a declining balance reflects the realization of those profits over time.

Detailed definition

This represents the intangible asset recognized when an insurance business is acquired, reflecting the present value of...

Peer comparison

Commonly referred to as VOBA in insurance M&A and financial reporting.

Metric ID: kkr_segment_fixed_rate_annuities_value_of_business_acquired

Historical Data

17 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$52.72M$51.72M$50.73M$49.74M$48.76M$47.79M$46.83M$45.87M$44.92M$43.98M$43.05M$42.14M$41.24M$40.34M$39.46M$38.61M$37.76M
QoQ Change-1.9%-1.9%-1.9%-2.0%-2.0%-2.0%-2.0%-2.1%-2.1%-2.1%-2.1%-2.1%-2.2%-2.2%-2.2%-2.2%
YoY Change-7.5%-7.6%-7.7%-7.8%-7.9%-8.0%-8.1%-8.1%-8.2%-8.3%-8.4%-8.4%-8.4%
Range$37.76M$52.72M
CAGR-8.0%
Avg YoY Growth-8.0%
Median YoY Growth-8.1%
Current Streak16+ quarters decline

Frequently Asked Questions

What is KKR & Co.'s fixed rate annuities — value of business acquired?
KKR & Co. (KKR) reported fixed rate annuities — value of business acquired of $37.76M in Q4 2025.
How has KKR & Co.'s fixed rate annuities — value of business acquired changed year-over-year?
KKR & Co.'s fixed rate annuities — value of business acquired decreased by 8.4% year-over-year, from $41.24M to $37.76M.
What is the long-term trend for KKR & Co.'s fixed rate annuities — value of business acquired?
Over 3 years (2022 to 2025), KKR & Co.'s fixed rate annuities — value of business acquired has grown at a -8.1% compound annual growth rate (CAGR), from $200.96M to $156.16M.
What does fixed rate annuities — value of business acquired mean?
The estimated value of future profits from an acquired insurance portfolio.