Products & Services · Separate Account, Liability, Surrender and Withdrawal

Variable annuities — Separate Account, Liability, Surrender and Withdrawal

KKR & Co. Variable annuities — Separate Account, Liability, Surrender and Withdrawal increased by 7.9% to $119.91M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 12.4%, from $136.93M to $119.91M. Over 3 years (FY 2022 to FY 2025), Variable annuities — Separate Account, Liability, Surrender and Withdrawal shows an upward trend with a 3.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ4 2025

How to read this metric

High surrender rates may indicate customer dissatisfaction, competitive pressure, or a need for liquidity by policyholders.

Detailed definition

This captures the total value of assets withdrawn or surrendered by policyholders from their separate account variable a...

Peer comparison

Commonly tracked as surrender rates or lapse rates in the insurance industry.

Metric ID: kkr_segment_variable_annuities_separate_account_liability_surrender_and_withdrawal

Historical Data

16 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$124.26M$107.25M$97.80M$108.09M$108.41M$125.30M$123.63M$113.53M$134.79M$135.54M$144.41M$136.93M$135.42M$118.19M$111.08M$119.91M
QoQ Change-13.7%-8.8%+10.5%+0.3%+15.6%-1.3%-8.2%+18.7%+0.6%+6.5%-5.2%-1.1%-12.7%-6.0%+7.9%
YoY Change-12.8%+16.8%+26.4%+5.0%+24.3%+8.2%+16.8%+20.6%+0.5%-12.8%-23.1%-12.4%
Range$97.80M$144.41M
CAGR-0.9%
Avg YoY Growth+4.8%
Median YoY Growth+6.6%

Frequently Asked Questions

What is KKR & Co.'s variable annuities — separate account, liability, surrender and withdrawal?
KKR & Co. (KKR) reported variable annuities — separate account, liability, surrender and withdrawal of $119.91M in Q4 2025.
How has KKR & Co.'s variable annuities — separate account, liability, surrender and withdrawal changed year-over-year?
KKR & Co.'s variable annuities — separate account, liability, surrender and withdrawal decreased by 12.4% year-over-year, from $136.93M to $119.91M.
What is the long-term trend for KKR & Co.'s variable annuities — separate account, liability, surrender and withdrawal?
Over 3 years (2022 to 2025), KKR & Co.'s variable annuities — separate account, liability, surrender and withdrawal has grown at a 3.5% compound annual growth rate (CAGR), from $437.40M to $484.61M.
What does variable annuities — separate account, liability, surrender and withdrawal mean?
The amount of money withdrawn or surrendered by annuity customers.