Business Segments · Policy Liabilities (Including Market Risk Benefits)
Insurance — Policy Liabilities (Including Market Risk Benefits)
KKR & Co. Insurance — Policy Liabilities (Including Market Risk Benefits) increased by 0.1% to $66.83B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.2%, from $60.67B to $66.83B. Over 4 years (FY 2021 to FY 2025), Insurance — Policy Liabilities (Including Market Risk Benefits) shows an upward trend with a 33.3% CAGR.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ1 2021
Last reportedQ1 2026May 8, 2026
Rolls up toReserve for insurance claims
How to read this metric
An increase typically reflects growth in the insurance book of business, while a significant spike may indicate rising risk exposure or changes in actuarial assumptions.
Detailed definition
Represents the total estimated future obligations to policyholders, including reserves for future benefits and market ri...
Peer comparison
Commonly reported by life and annuity insurers as 'Total Policy Liabilities' or 'Insurance Reserves'.
Metric ID:
kkr_segment_insurance_policy_liabilities_including_market_risk_benefitsHistorical Data
20 periods
| 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $20.08B | $29.99B | $30.3B | $34.82B | $36.47B | $37.41B | $48.4B | $48.97B | $49.2B | $49.38B | $53.82B | $56.26B | $57.25B | $58.35B | $59.88B | $60.67B | $61.16B | $66.66B | $66.76B | $66.83B |
| QoQ Change | — | +49.4% | +1.0% | +14.9% | +4.7% | +2.6% | +29.4% | +1.2% | +0.5% | +0.4% | +9.0% | +4.5% | +1.8% | +1.9% | +2.6% | +1.3% | +0.8% | +9.0% | +0.1% | +0.1% |
| YoY Change | — | — | — | — | +81.6% | +24.7% | +59.8% | +40.6% | +34.9% | +32.0% | +11.2% | +14.9% | +16.4% | +18.2% | +11.3% | +7.8% | +6.8% | +14.2% | +11.5% | +10.2% |
Range$20.08B – $66.83B
CAGR+28.8%
Avg YoY Growth+24.8%
Median YoY Growth+15.6%
Current Streak19+ quarters growth
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Frequently Asked Questions
- What is KKR & Co.'s insurance — policy liabilities (including market risk benefits)?
- KKR & Co. (KKR) reported insurance — policy liabilities (including market risk benefits) of $66.83B in Q1 2026.
- How has KKR & Co.'s insurance — policy liabilities (including market risk benefits) changed year-over-year?
- KKR & Co.'s insurance — policy liabilities (including market risk benefits) increased by 10.2% year-over-year, from $60.67B to $66.83B.
- What is the long-term trend for KKR & Co.'s insurance — policy liabilities (including market risk benefits)?
- Over 4 years (2021 to 2025), KKR & Co.'s insurance — policy liabilities (including market risk benefits) has grown at a 33.3% compound annual growth rate (CAGR), from $80.93B to $255.24B.
- What does insurance — policy liabilities (including market risk benefits) mean?
- The total amount of money the insurance segment expects to pay out for future policy claims and benefits.