Products & Services · Investment Performance

Variable annuities — Investment Performance

KKR & Co. Variable annuities — Investment Performance decreased by 59.0% to $70.05M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 564.8%, from $10.54M to $70.05M. Over 2 years (FY 2023 to FY 2025), Variable annuities — Investment Performance shows a downward trend with a -12.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2022
Last reportedQ4 2025

How to read this metric

Positive performance enhances the value of policyholder accounts and can influence fee income for the manager.

Detailed definition

This represents the net investment gains or losses generated by the assets underlying the variable annuity products. It...

Peer comparison

Standard performance metric for investment-linked insurance products.

Metric ID: kkr_segment_variable_annuities_investment_performance

Historical Data

15 periods
 Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value-$313.83M-$471.86M-$154.53M$141.07M$160.31M-$111.03M$307.53M$241.06M$58.67M$164.08M$10.54M-$62.38M$203.66M$170.90M$70.05M
QoQ Change-50.4%+67.3%+191.3%+13.6%-169.3%+377.0%-21.6%-75.7%+179.7%-93.6%-692.0%+426.5%-16.1%-59.0%
YoY Change+145.0%+134.0%+28.1%+70.9%-63.4%+247.8%-96.6%-125.9%+247.2%+4.2%+564.8%
Range-$471.86M$307.53M
CAGR-34.8%
Avg YoY Growth+105.1%
Median YoY Growth+70.9%
Current Streak2 quarters decline

Frequently Asked Questions

What is KKR & Co.'s variable annuities — investment performance?
KKR & Co. (KKR) reported variable annuities — investment performance of $70.05M in Q4 2025.
How has KKR & Co.'s variable annuities — investment performance changed year-over-year?
KKR & Co.'s variable annuities — investment performance increased by 564.8% year-over-year, from $10.54M to $70.05M.
What is the long-term trend for KKR & Co.'s variable annuities — investment performance?
Over 2 years (2023 to 2025), KKR & Co.'s variable annuities — investment performance has grown at a -12.4% compound annual growth rate (CAGR), from $497.89M to $382.23M.
What does variable annuities — investment performance mean?
The investment returns generated by the assets in annuity accounts.