Products & Services · Separate Account Liabilities
Variable annuities — Separate Account Liabilities
KKR & Co. Variable annuities — Separate Account Liabilities decreased by 2.2% to $3.21B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 5.5%, from $3.40B to $3.21B. Over 3 years (FY 2022 to FY 2025), Variable annuities — Separate Account Liabilities shows a downward trend with a -5.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryMarket Position
SignalHigher is better
VolatilityVolatile
First reportedQ4 2021
Last reportedQ4 2025
Rolls up toSeparate account liabilities
How to read this metric
Growth indicates increased sales or positive market performance within the variable annuity product line.
Detailed definition
This represents the total value of assets held in separate accounts for variable annuity policyholders, for which the in...
Peer comparison
Standard reporting for insurance companies with variable annuity or unit-linked products.
Metric ID:
kkr_segment_variable_annuities_separate_account_liabilitiesHistorical Data
17 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.92B | $4.46B | $3.85B | $3.58B | $3.63B | $3.64B | $3.65B | $3.39B | $3.57B | $3.65B | $3.55B | $3.55B | $3.40B | $3.18B | $3.25B | $3.29B | $3.21B |
| QoQ Change | — | -9.4% | -13.6% | -7.1% | +1.3% | +0.4% | +0.1% | -6.9% | +5.0% | +2.4% | -2.7% | -0.1% | -4.1% | -6.4% | +2.1% | +1.2% | -2.2% |
| YoY Change | — | — | — | — | -26.3% | -18.3% | -5.4% | -5.2% | -1.7% | +0.2% | -2.6% | +4.5% | -4.6% | -12.8% | -8.5% | -7.3% | -5.5% |
Range$3.18B – $4.92B
CAGR-10.1%
Avg YoY Growth-7.2%
Median YoY Growth-5.4%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is KKR & Co.'s variable annuities — separate account liabilities?
- KKR & Co. (KKR) reported variable annuities — separate account liabilities of $3.21B in Q4 2025.
- How has KKR & Co.'s variable annuities — separate account liabilities changed year-over-year?
- KKR & Co.'s variable annuities — separate account liabilities decreased by 5.5% year-over-year, from $3.40B to $3.21B.
- What is the long-term trend for KKR & Co.'s variable annuities — separate account liabilities?
- Over 3 years (2022 to 2025), KKR & Co.'s variable annuities — separate account liabilities has grown at a -5.9% compound annual growth rate (CAGR), from $15.52B to $12.93B.
- What does variable annuities — separate account liabilities mean?
- The total value of policyholder funds held in separate investment accounts.