Discontinued — last reported Q1 '21
An increase indicates the acquisition of higher-value insurance contracts, while a decrease reflects the amortization of this asset over time.
This represents the intangible asset recognized upon the acquisition of a block of insurance business, reflecting the pr...
Commonly reported by life insurance and annuity providers as VOBA or PVFP (Present Value of Future Profits) under purchase accounting.
kkr_segment_payout_annuities_value_of_business_acquired