Business Segments · Net Investment-Related Gains (Losses)

Insurance — Net Investment-Related Gains (Losses)

KKR & Co. Insurance — Net Investment-Related Gains (Losses) decreased by 155.6% to -$195.68M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 69.6%, from -$643.01M to -$195.68M. Over 3 years (FY 2021 to FY 2025), Insurance — Net Investment-Related Gains (Losses) shows a downward trend with a 72.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2019
Last reportedQ4 2025

How to read this metric

Positive values indicate market outperformance or favorable asset valuation changes; negative values indicate market volatility or asset impairment.

Detailed definition

Reflects the realized and unrealized changes in the fair value of the insurance segment's investment portfolio. This cap...

Peer comparison

Often categorized as 'Net Realized/Unrealized Gains' in insurance financial reporting.

Metric ID: kkr_segment_insurance_net_investment_related_gains_losses

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$326.56M$162.13M$170.77M-$368.68M-$426.33M-$173.83M-$349.65M-$123.83M-$117.55M-$338.23M-$241.49M-$302.62M-$235.97M-$643.01M-$1.44B$239.15M$351.80M-$195.68M
QoQ Change-50.4%+5.3%-315.9%-15.6%+59.2%-101.1%+64.6%+5.1%-187.7%+28.6%-25.3%+22.0%-172.5%-123.4%+116.7%+47.1%-155.6%
YoY Change-230.6%-207.2%-304.8%+66.4%+72.4%-94.6%-95.0%-157.4%+30.2%-494.8%+179.0%+249.1%+69.6%
Range-$1.44B$351.80M
CAGR-11.4%
Avg YoY Growth-70.6%
Median YoY Growth-94.6%

Frequently Asked Questions

What is KKR & Co.'s insurance — net investment-related gains (losses)?
KKR & Co. (KKR) reported insurance — net investment-related gains (losses) of -$195.68M in Q4 2025.
How has KKR & Co.'s insurance — net investment-related gains (losses) changed year-over-year?
KKR & Co.'s insurance — net investment-related gains (losses) increased by 69.6% year-over-year, from -$643.01M to -$195.68M.
What is the long-term trend for KKR & Co.'s insurance — net investment-related gains (losses)?
Over 3 years (2021 to 2025), KKR & Co.'s insurance — net investment-related gains (losses) has grown at a 72.2% compound annual growth rate (CAGR), from $203.75M to -$1.04B.
What does insurance — net investment-related gains (losses) mean?
Market-driven gains or losses on the insurance investment portfolio.