KKR & Co. Variable annuities — Value of Business Acquired decreased by 2.2% to $204.96M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 8.6%, from $224.35M to $204.96M. Over 3 years (FY 2022 to FY 2025), Variable annuities — Value of Business Acquired shows a downward trend with a -5.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests successful acquisition integration or higher projected profitability from the acquired book of business.
This represents the intangible asset recognized upon the acquisition of an insurance business, reflecting the estimated...
Commonly reported by insurance companies as VOBA or VIF (Value of In-Force business).
kkr_segment_variable_annuities_value_of_business_acquired| 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 | $269.17M | $262.15M | $254.59M | $247.06M | $241.78M | $235.41M | $229.13M | $223.36M | $245.04M | $239.84M | $234.71M | $229.55M | $224.35M | $219.32M | $214.49M | $209.54M | $204.96M |
| QoQ Change | — | -2.6% | -2.9% | -3.0% | -2.1% | -2.6% | -2.7% | -2.5% | +9.7% | -2.1% | -2.1% | -2.2% | -2.3% | -2.2% | -2.2% | -2.3% | -2.2% |
| YoY Change | — | — | — | — | -10.2% | -10.2% | -10.0% | -9.6% | +1.3% | +1.9% | +2.4% | +2.8% | -8.4% | -8.6% | -8.6% | -8.7% | -8.6% |