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KKR & Co. KKR Insurance — Policy Liabilities (Including Market Risk Benefits)

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Other financials

Income statement

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Revenue$4.3B+38.8%
Net income$405.2M+318%

Balance sheet

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Cash & equivalents$19.5B+5.9%
Total debt$347.9M-99.1%
Total equity$30.5B+11.0%
Total assets$412.08B+10.7%

Cash flow

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Operating cash flow$1.7B-31.5%

Valuation

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Market cap$89.21B-34.2%
P/E30.1×-36.0×
P/S4.3×-4.0×

Profitability

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Net margin14.3%-0.1pp
FCF margin-139.2%

Returns & leverage

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Return on equity10.2%+1.2pp
Debt / equity-2.1×

Where this comes from

Reported directly by KKR & Co. in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitAfterReinsurance.

The official record: KKR & Co.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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?
Represents the total estimated future obligations to policyholders, including reserves for future benefits and market risk benefits associated with variable insurance products. This metric reflects the long-term financial commitment of the insurance segment to meet contractual claims and benefits as they become due. It is a critical indicator of the scale and risk profile of the insurance underwriting business.