Business Segments · Total GAAP Expenses

Insurance — Total GAAP Expenses

KKR & Co. Insurance — Total GAAP Expenses decreased by 1.0% to $3.59B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 95.1%, from $1.84B to $3.59B. Over 4 years (FY 2021 to FY 2025), Insurance — Total GAAP Expenses shows an upward trend with a 20.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ4 2025

How to read this metric

An increase may indicate rising claims, higher operational overhead, or increased business acquisition activity.

Detailed definition

Represents the aggregate operating and non-operating costs incurred by the insurance segment during the reporting period...

Peer comparison

Standard GAAP operating expense line item found in all insurance company financial statements.

Metric ID: kkr_segment_insurance_total_gaap_expenses

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$636.34M$1.95B$1.77B$1.02B$288.72M$1.46B$1.80B$2.05B$2.15B$1.15B$2.85B$7.69B$2.72B$2.97B$1.84B$2.16B$3.31B$3.62B$3.59B
QoQ Change+206.6%-9.2%-42.7%-71.6%+405.3%+23.6%+13.6%+5.1%-46.7%+148.2%+170.2%-64.6%+9.0%-38.0%+17.6%+53.0%+9.5%-1.0%
YoY Change-54.6%-25.2%+1.8%+101.7%+645.4%-21.4%+57.9%+275.6%+26.5%+158.7%-35.4%-71.9%+21.5%+22.1%+95.1%
Range$288.72M$7.69B
CAGR+46.9%
Avg YoY Growth+79.9%
Median YoY Growth+22.1%

Frequently Asked Questions

What is KKR & Co.'s insurance — total gaap expenses?
KKR & Co. (KKR) reported insurance — total gaap expenses of $3.59B in Q4 2025.
How has KKR & Co.'s insurance — total gaap expenses changed year-over-year?
KKR & Co.'s insurance — total gaap expenses increased by 95.1% year-over-year, from $1.84B to $3.59B.
What is the long-term trend for KKR & Co.'s insurance — total gaap expenses?
Over 4 years (2021 to 2025), KKR & Co.'s insurance — total gaap expenses has grown at a 20.8% compound annual growth rate (CAGR), from $5.97B to $12.69B.
What does insurance — total gaap expenses mean?
The total cost of running the insurance business segment.