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Business Segments · Separate Account Assets

Insurance — Separate Account Assets

KKR & Co. Insurance — Separate Account Assets decreased by 6.7% to $3.59B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.1%, from $3.74B to $3.59B. Over 4 years (FY 2021 to FY 2025), Insurance — Separate Account Assets shows a downward trend with a -8.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2020
Last reportedQ1 2026May 8, 2026

How to read this metric

Growth indicates success in selling investment-linked insurance products, though the insurer does not capture the investment upside.

Detailed definition

Assets held in separate accounts where the investment risk is borne by the policyholder rather than the insurance compan...

Peer comparison

Standard for life and annuity insurers with variable product offerings.

Metric ID: kkr_segment_insurance_separate_account_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$5.64B$5.45B$5.59B$5.07B$4.36B$4.05B$4.13B$4.16B$4.18B$3.9B$4.11B$4.22B$4.12B$4.13B$3.98B$3.74B$3.84B$3.91B$3.84B$3.59B
QoQ Change-3.4%+2.6%-9.2%-13.9%-7.1%+1.9%+0.8%+0.4%-6.8%+5.3%+2.8%-2.4%+0.3%-3.7%-6.1%+2.8%+1.6%-1.7%-6.7%
YoY Change-22.6%-25.6%-26.1%-17.8%-4.1%-3.8%-0.6%+1.4%-1.4%+6.0%-3.1%-11.5%-6.8%-5.5%-3.5%-4.1%
Range$3.59B$5.64B
CAGR-9.1%
Avg YoY Growth-8.1%
Median YoY Growth-4.1%
Current Streak2 quarters decline

Frequently Asked Questions

What is KKR & Co.'s insurance — separate account assets?
KKR & Co. (KKR) reported insurance — separate account assets of $3.59B in Q1 2026.
How has KKR & Co.'s insurance — separate account assets changed year-over-year?
KKR & Co.'s insurance — separate account assets decreased by 4.1% year-over-year, from $3.74B to $3.59B.
What is the long-term trend for KKR & Co.'s insurance — separate account assets?
Over 4 years (2021 to 2025), KKR & Co.'s insurance — separate account assets has grown at a -8.8% compound annual growth rate (CAGR), from $22.14B to $15.33B.
What does insurance — separate account assets mean?
Assets held in accounts where the policyholder bears the investment risk.