KKR & Co. Insurance — Intangible Assets and Deferred Sales Inducements increased by 5.0% to $380.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 14.0%, from $333.37M to $380.00M. Over 3 years (FY 2021 to FY 2024), Insurance — Intangible Assets and Deferred Sales Inducements shows relatively stable performance with a 1.9% CAGR.
Growth in this metric often reflects high levels of new business acquisition, while rapid amortization may signal a shrinking or maturing book of business.
Represents the capitalized costs associated with acquiring insurance contracts and other intangible assets, such as cust...
Comparable to Deferred Policy Acquisition Costs (DAC) reported by most life and annuity insurers.
kkr_segment_insurance_intangible_assets_and_deferred_sales_inducements| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $302.65M | $298.24M | $293.82M | $289.41M | $285.00M | $280.59M | $276.18M | $271.77M | $267.35M | $262.94M | $258.53M | $258.08M | $284.82M | $333.37M | $343.66M | $340.80M | $362.06M | $380.00M |
| QoQ Change | — | -1.5% | -1.5% | -1.5% | -1.5% | -1.5% | -1.6% | -1.6% | -1.6% | -1.7% | -1.7% | -0.2% | +10.4% | +17.0% | +3.1% | -0.8% | +6.2% | +5.0% |
| YoY Change | — | — | — | — | -5.8% | -5.9% | -6.0% | -6.1% | -6.2% | -6.3% | -6.4% | -5.0% | +6.5% | +26.8% | +32.9% | +32.1% | +27.1% | +14.0% |