Skip to content
Business Segments · Separate Account Liabilities

Insurance — Separate Account Liabilities

KKR & Co. Insurance — Separate Account Liabilities 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 Liabilities 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
VolatilityVolatile
First reportedQ4 2020
Last reportedQ1 2026May 8, 2026

How to read this metric

Growth in these liabilities indicates increased sales of market-linked insurance products and higher fee-earning potential.

Detailed definition

Reflects liabilities related to insurance products where the investment risk is borne by the policyholder, such as varia...

Peer comparison

Standard for insurance companies offering investment-linked products.

Metric ID: kkr_segment_insurance_separate_account_liabilities

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 liabilities?
KKR & Co. (KKR) reported insurance — separate account liabilities of $3.59B in Q1 2026.
How has KKR & Co.'s insurance — separate account liabilities changed year-over-year?
KKR & Co.'s insurance — separate account liabilities 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 liabilities?
Over 4 years (2021 to 2025), KKR & Co.'s insurance — separate account liabilities has grown at a -8.8% compound annual growth rate (CAGR), from $22.14B to $15.33B.
What does insurance — separate account liabilities mean?
Liabilities for insurance products where the policyholder bears the investment risk.