Skip to content
Business Segments · Deferred Acquisition Costs, or "DAC"

Insurance — Deferred Acquisition Costs, or "DAC"

KKR & Co. Insurance — Deferred Acquisition Costs, or "DAC" 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. Over 2 years (FY 2023 to FY 2025), Insurance — Deferred Acquisition Costs, or "DAC" shows an upward trend with a 44.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2020
Last reportedQ1 2026May 8, 2026

How to read this metric

An increasing balance typically indicates strong new business growth, while a rapid decline may suggest lower sales or accelerated amortization.

Detailed definition

Costs incurred to acquire new insurance business, such as commissions and underwriting expenses, which are capitalized a...

Peer comparison

Standard accounting practice for life and annuity insurance companies.

Metric ID: kkr_segment_insurance_deferred_acquisition_costs_or_dac

Historical Data

16 periods
 Q2 '21Q3 '21Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.19B$1.28B$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+7.1%-35.8%+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+40.7%+35.5%+41.4%+49.8%+49.9%+49.7%+49.6%+41.0%+36.7%+30.2%
Range$820.97M$2.46B
CAGR+21.2%
Avg YoY Growth+42.4%
Median YoY Growth+41.2%
Current Streak13 quarters growth

Frequently Asked Questions

What is KKR & Co.'s insurance — deferred acquisition costs, or "dac"?
KKR & Co. (KKR) reported insurance — deferred acquisition costs, or "dac" of $2.46B in Q1 2026.
How has KKR & Co.'s insurance — deferred acquisition costs, or "dac" changed year-over-year?
KKR & Co.'s insurance — deferred acquisition costs, or "dac" increased by 30.2% year-over-year, from $1.89B to $2.46B.
What is the long-term trend for KKR & Co.'s insurance — deferred acquisition costs, or "dac"?
Over 2 years (2023 to 2025), KKR & Co.'s insurance — deferred acquisition costs, or "dac" has grown at a 44.1% compound annual growth rate (CAGR), from $4.11B to $8.54B.
What does insurance — deferred acquisition costs, or "dac" mean?
Capitalized costs of acquiring new insurance policies that are spread out over time.