Business Segments · Non-Operating Changes in Policy Liabilities and Derivatives

Insurance — Non-Operating Changes in Policy Liabilities and Derivatives

KKR & Co. Insurance — Non-Operating Changes in Policy Liabilities and Derivatives increased by 68.7% to $58.01M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 44.2%, from $104.00M to $58.01M. Over 4 years (FY 2021 to FY 2025), Insurance — Non-Operating Changes in Policy Liabilities and Derivatives shows an upward trend with a 22.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ4 2025

How to read this metric

A decrease in liabilities is generally favorable, while large fluctuations indicate sensitivity to macroeconomic variables like interest rates.

Detailed definition

This metric captures fluctuations in the valuation of insurance policy liabilities and associated derivatives that are e...

Peer comparison

Similar to 'Change in Fair Value of Insurance Liabilities' or 'Non-Operating Actuarial Adjustments' at peer insurers.

Metric ID: kkr_segment_insurance_non_operating_changes_in_policy_liabilities_and_derivatives

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-$35.38M-$35.38M-$35.38M-$192.20M$474.97M$184.30M$605.50M$106.49M$57.46M-$42.36M$107.34M$73.86M$106.47M$12.59M$104.00M$86.63M$140.46M$34.38M$58.01M
QoQ Change+0.0%+0.0%-443.3%+347.1%-61.2%+228.5%-82.4%-46.0%-173.7%+353.4%-31.2%+44.1%-88.2%+726.1%-16.7%+62.1%-75.5%+68.7%
YoY Change>999%+621.0%>999%+155.4%-87.9%-123.0%-82.3%-30.6%+85.3%+129.7%-3.1%+17.3%+31.9%+173.1%-44.2%
Range-$192.20M$605.50M
CAGR+11.6%
Avg YoY Growth+273.1%
Median YoY Growth+31.9%

Frequently Asked Questions

What is KKR & Co.'s insurance — non-operating changes in policy liabilities and derivatives?
KKR & Co. (KKR) reported insurance — non-operating changes in policy liabilities and derivatives of $58.01M in Q4 2025.
How has KKR & Co.'s insurance — non-operating changes in policy liabilities and derivatives changed year-over-year?
KKR & Co.'s insurance — non-operating changes in policy liabilities and derivatives decreased by 44.2% year-over-year, from $104.00M to $58.01M.
What is the long-term trend for KKR & Co.'s insurance — non-operating changes in policy liabilities and derivatives?
Over 4 years (2021 to 2025), KKR & Co.'s insurance — non-operating changes in policy liabilities and derivatives has grown at a 22.6% compound annual growth rate (CAGR), from -$141.51M to $319.47M.
What does insurance — non-operating changes in policy liabilities and derivatives mean?
Adjustments to the value of insurance liabilities and derivatives caused by external market factors rather than core business operations.