Products & Services · Value of Business Acquired

Variable annuities — Value of Business Acquired

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.

Analysis

StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2020
Last reportedQ4 2025

How to read this metric

An increase suggests successful acquisition integration or higher projected profitability from the acquired book of business.

Detailed definition

This represents the intangible asset recognized upon the acquisition of an insurance business, reflecting the estimated...

Peer comparison

Commonly reported by insurance companies as VOBA or VIF (Value of In-Force business).

Metric ID: kkr_segment_variable_annuities_value_of_business_acquired

Historical Data

17 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '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%
Range$204.96M$269.17M
CAGR-6.6%
Avg YoY Growth-5.7%
Median YoY Growth-8.6%
Current Streak8 quarters decline

Frequently Asked Questions

What is KKR & Co.'s variable annuities — value of business acquired?
KKR & Co. (KKR) reported variable annuities — value of business acquired of $204.96M in Q4 2025.
How has KKR & Co.'s variable annuities — value of business acquired changed year-over-year?
KKR & Co.'s variable annuities — value of business acquired decreased by 8.6% year-over-year, from $224.35M to $204.96M.
What is the long-term trend for KKR & Co.'s variable annuities — value of business acquired?
Over 3 years (2022 to 2025), KKR & Co.'s variable annuities — value of business acquired has grown at a -5.5% compound annual growth rate (CAGR), from $1.01B to $848.31M.
What does variable annuities — value of business acquired mean?
The estimated future profit value of an acquired insurance portfolio.