Business Segments · Closed Block Liabilities
Insurance — Closed Block Liabilities
KKR & Co. Insurance — Closed Block Liabilities decreased by 1.3% to $980.12M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.1%, from $1B to $980.12M. Over 4 years (FY 2021 to FY 2025), Insurance — Closed Block Liabilities shows a downward trend with a -7.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ1 2021
Last reportedQ1 2026May 8, 2026
Rolls up toClosed Block Liabilities
How to read this metric
An increase suggests higher long-term payout obligations, while a decrease indicates the natural runoff of the legacy portfolio.
Detailed definition
Represents the total financial obligations associated with a closed block of insurance policies that are no longer being...
Peer comparison
Commonly reported by life and annuity insurers as 'Closed Block' or 'Legacy' liabilities.
Metric ID:
kkr_segment_insurance_closed_block_liabilitiesHistorical Data
20 periods
| 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.34B | $1.37B | $1.35B | $1.27B | $1.14B | $1.1B | $1.02B | $1.05B | $1.03B | $1B | $968.55M | $1.01B | $970.84M | $1B | $999.25M | $1B | $983.92M | $988.78M | $993.15M | $980.12M |
| QoQ Change | — | +2.5% | -1.8% | -5.9% | -10.6% | -3.5% | -7.3% | +3.0% | -1.9% | -2.3% | -3.4% | +3.8% | -3.5% | +3.1% | -0.2% | +0.2% | -1.7% | +0.5% | +0.4% | -1.3% |
| YoY Change | — | — | — | — | -15.3% | -20.3% | -24.7% | -17.6% | -9.6% | -8.6% | -4.7% | -3.9% | -5.4% | -0.2% | +3.2% | -0.4% | +1.3% | -1.2% | -0.6% | -2.1% |
Range$968.55M – $1.37B
CAGR-6.4%
Avg YoY Growth-6.9%
Median YoY Growth-4.3%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is KKR & Co.'s insurance — closed block liabilities?
- KKR & Co. (KKR) reported insurance — closed block liabilities of $980.12M in Q1 2026.
- How has KKR & Co.'s insurance — closed block liabilities changed year-over-year?
- KKR & Co.'s insurance — closed block liabilities decreased by 2.1% year-over-year, from $1B to $980.12M.
- What is the long-term trend for KKR & Co.'s insurance — closed block liabilities?
- Over 4 years (2021 to 2025), KKR & Co.'s insurance — closed block liabilities has grown at a -7.6% compound annual growth rate (CAGR), from $5.43B to $3.97B.
- What does insurance — closed block liabilities mean?
- The total estimated future payout obligations for legacy insurance policies that are no longer sold to new customers.