KKR & Co. Insurance — Change in Policy Liabilities and Accruals, Net – Insurance increased by 22.5% to $932.85M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 623.4%, from -$178.23M to $932.85M. Over 3 years (FY 2021 to FY 2025), Insurance — Change in Policy Liabilities and Accruals, Net – Insurance shows an upward trend with a 15.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase generally reflects growth in the insurance liability base, which often correlates with higher AUM.
Represents the net change in the company's obligations to policyholders, including reserves for future claims and benefi...
Comparable to changes in insurance reserves at peer insurance and annuity providers.
kkr_segment_insurance_change_in_policy_liabilities_and_accruals_net_insurance| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '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 | -$196.83M | -$197.93M | -$582.85M | -$422.30M | $48.06M | $88.17M | $130.15M | -$243.90M | -$577.73M | -$26.33M | -$89.82M | -$170.54M | -$28.00M | -$178.23M | -$260.27M | $346.01M | $761.28M | $932.85M |
| QoQ Change | — | -0.6% | -194.5% | +27.5% | +111.4% | +83.5% | +47.6% | -287.4% | -136.9% | +95.4% | -241.2% | -89.9% | +83.6% | -536.6% | -46.0% | +232.9% | +120.0% | +22.5% |
| YoY Change | — | — | — | — | +124.4% | +144.5% | +130.8% | -607.5% | -755.2% | — | -169.0% | +30.1% | +95.2% | -577.0% | -189.8% | +302.9% | >999% | +623.4% |