Business Segments · Funds Withheld Receivables at Interest

Insurance — Funds Withheld Receivables at Interest

KKR & Co. Insurance — Funds Withheld Receivables at Interest decreased by 2.2% to $2.25B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 6.9%, from $2.41B to $2.25B. Over 4 years (FY 2021 to FY 2025), Insurance — Funds Withheld Receivables at Interest shows a downward trend with a -6.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ1 2021
Last reportedQ4 2025

How to read this metric

Growth reflects an expansion in reinsurance business volume, while a decline may indicate the maturity or termination of specific reinsurance contracts.

Detailed definition

The value of assets held by a ceding company under a reinsurance agreement that are retained as collateral for the benef...

Peer comparison

Common in life and annuity reinsurance, often reported as 'Funds Withheld' or 'Funds Held under Reinsurance'.

Metric ID: kkr_segment_insurance_funds_withheld_receivables_at_interest

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$3.01B$2.99B$2.97B$2.96B$2.94B$2.92B$2.86B$2.79B$2.73B$2.69B$2.62B$2.56B$2.51B$2.46B$2.41B$2.37B$2.33B$2.30B$2.25B
QoQ Change-0.7%-0.6%-0.3%-0.8%-0.7%-2.1%-2.2%-2.2%-1.6%-2.3%-2.5%-2.0%-1.9%-1.9%-1.6%-1.6%-1.6%-2.2%
YoY Change-2.3%-2.4%-3.8%-5.6%-7.0%-7.9%-8.1%-8.3%-8.2%-8.5%-8.1%-7.3%-6.9%-6.6%-6.9%
Range$2.25B$3.01B
CAGR-6.3%
Avg YoY Growth-6.5%
Median YoY Growth-7.0%
Current Streak18+ quarters decline

Frequently Asked Questions

What is KKR & Co.'s insurance — funds withheld receivables at interest?
KKR & Co. (KKR) reported insurance — funds withheld receivables at interest of $2.25B in Q4 2025.
How has KKR & Co.'s insurance — funds withheld receivables at interest changed year-over-year?
KKR & Co.'s insurance — funds withheld receivables at interest decreased by 6.9% year-over-year, from $2.41B to $2.25B.
What is the long-term trend for KKR & Co.'s insurance — funds withheld receivables at interest?
Over 4 years (2021 to 2025), KKR & Co.'s insurance — funds withheld receivables at interest has grown at a -6.3% compound annual growth rate (CAGR), from $12.00B to $9.25B.
What does insurance — funds withheld receivables at interest mean?
Assets retained by a partner in a reinsurance deal that earn interest for the insurance segment.