KKR & Co. (KKR) 10-Q 5 Nov 24 2024 Q3 Quarterly report Financial data

COVER PAGE

COVER PAGE - shares	9 Months Ended
	Sep. 30, 2024	Nov. 04, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	001-34820
Entity Registrant Name	KKR & CO. INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	88-1203639
Entity Address, Address Line One	30 Hudson Yards
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10001
City Area Code	212
Local Phone Number	750-8300
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		888,228,909
Entity Central Index Key	0001404912
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3
Amendment Flag	false
Common Stock
Document Information [Line Items]
Title of 12(b) Security	Common Stock
Trading Symbol	KKR
Security Exchange Name	NYSE
4.625% Subordinated Notes due 2061 of KKR Group Finance Co. IX LLC
Document Information [Line Items]
Title of 12(b) Security	4.625% Subordinated Notes due 2061 of KKR Group Finance Co. IX LLC
Trading Symbol	KKRS
Security Exchange Name	NYSE

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Assets
Other Assets	$ 11,366,677	$ 9,858,930
Separate Account Assets	4,134,173	4,107,000
Total Assets	360,655,876	317,294,194
Liabilities and Equity
Accrued Expenses and Other Liabilities	14,195,745	10,974,421
Separate Account Liabilities	4,134,173	4,107,000
Total Liabilities	298,857,266	258,915,282
Commitments and Contingencies (See Note 24)
Redeemable Noncontrolling Interests (See Note 23)	1,322,308	615,427
Stockholders' Equity
Common Stock, $0.01 par value. $3,500,000,000 shares authorized, 887,448,993 and $885,005,588 shares, issued and outstanding as of September 30, 2024 and December 31, 2023, respectively.	8,874	8,850
Additional Paid-In Capital	18,266,988	17,549,157
Retained Earnings	11,312,398	9,818,336
Accumulated Other Comprehensive Income (Loss) ("AOCI")	(5,504,575)	(4,517,649)
Total KKR & Co. Inc. Stockholders' Equity	24,083,685	22,858,694
Noncontrolling Interests (See Note 22)	36,392,617	34,904,791
Total Equity	60,476,302	57,763,485
Total Liabilities and Equity	360,655,876	317,294,194
Series I Preferred Stock
Stockholders' Equity
Series I Preferred Stock, $0.01 par value. 1 share authorized, 1 share issued and outstanding as of September 30, 2024 and December 31, 2023.	0	0
Asset Management and Strategic Holdings
Assets
Cash and Cash Equivalents	8,602,477	8,393,892
Restricted Cash and Cash Equivalents	114,285	116,599
Investments	104,301,594	98,634,801
Due from Affiliates	2,034,664	1,446,852
Other Assets	5,552,218	4,975,223
Total Assets	120,605,238	113,567,367
Liabilities and Equity
Debt Obligations	45,641,569	44,886,870
Due to Affiliates	470,691	538,099
Accrued Expenses and Other Liabilities	11,919,685	7,718,415
Total Liabilities	58,031,945	53,143,384
Insurance
Assets
Cash and Cash Equivalents	5,857,308	11,954,675
Restricted Cash and Cash Equivalents	388,369	342,954
Investments	172,377,108	141,370,323
Reinsurance Recoverable	46,386,313	36,617,344
Insurance Intangible Assets	5,092,908	4,450,824
Other Assets	5,814,459	4,883,707
Separate Account Assets	4,134,173	4,107,000
Total Assets	240,050,638	203,726,827
Liabilities and Equity
Debt Obligations	3,811,218	2,587,857
Accrued Expenses and Other Liabilities	2,276,060	3,256,006
Policy Liabilities (market risk benefit liabilities: $1,115,874 and $1,120,968, respectively.)	184,050,410	160,058,271
Funds Withheld Payable at Interest	45,389,307	34,339,522
Reinsurance Liabilities	1,164,153	1,423,242
Separate Account Liabilities	4,134,173	4,107,000
Total Liabilities	$ 240,825,321	$ 205,771,898

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Liabilities and Equity
Market risk benefit liabilities	$ 1,115,874	$ 1,120,968
Stockholders' Equity
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	3,500,000,000	3,500,000,000
Common stock, shares issued (in shares)	887,448,993	885,005,588
Common stock, shares outstanding (in shares)	887,448,993	885,005,588
Series I Preferred Stock
Stockholders' Equity
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	1	1
Preferred stock, shares issued (in shares)	1	1
Preferred stock, shares outstanding (in shares)	1	1
Insurance
Liabilities and Equity
Market risk benefit liabilities	$ 1,115,874	$ 1,120,968

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) - VIE (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Assets
Other Assets	$ 11,366,677	$ 9,858,930
Total Assets	360,655,876	317,294,194
Liabilities
Accrued Expenses and Other Liabilities	14,195,745	10,974,421
Total Liabilities	298,857,266	258,915,282
Consolidated VIEs
Assets
Total Assets	119,274,811	109,927,538
Liabilities
Total Liabilities	36,823,703	35,526,497
Consolidated VIEs | Consolidated CFEs
Assets
Total Assets	28,801,226	27,135,648
Liabilities
Total Liabilities	27,682,967	26,146,169
Consolidated VIEs | Consolidated Funds and Other Investment Vehicles
Assets
Total Assets	61,891,984	58,961,228
Liabilities
Total Liabilities	8,700,676	9,043,166
Consolidated VIEs | Other VIEs
Assets
Total Assets	28,581,601	23,830,662
Liabilities
Total Liabilities	440,060	337,162
Asset Management and Strategic Holdings
Assets
Cash and Cash Equivalents	8,602,477	8,393,892
Restricted Cash and Cash Equivalents	114,285	116,599
Investments	104,301,594	98,634,801
Other Assets	5,552,218	4,975,223
Total Assets	120,605,238	113,567,367
Liabilities
Debt Obligations	45,641,569	44,886,870
Accrued Expenses and Other Liabilities	11,919,685	7,718,415
Total Liabilities	58,031,945	53,143,384
Asset Management and Strategic Holdings | Consolidated VIEs
Assets
Cash and Cash Equivalents	3,521,021	2,871,697
Restricted Cash and Cash Equivalents	105,804	110,308
Investments	86,272,418	82,339,535
Other Assets	793,967	775,336
Total Assets	90,693,210	86,096,876
Liabilities
Debt Obligations	34,215,521	33,830,853
Accrued Expenses and Other Liabilities	2,168,122	1,358,482
Total Liabilities	36,383,643	35,189,335
Asset Management and Strategic Holdings | Consolidated VIEs | Consolidated CFEs
Assets
Cash and Cash Equivalents	2,430,145	1,709,523
Restricted Cash and Cash Equivalents	0	0
Investments	25,862,833	24,996,298
Other Assets	508,248	429,827
Total Assets	28,801,226	27,135,648
Liabilities
Debt Obligations	26,189,098	25,276,404
Accrued Expenses and Other Liabilities	1,493,869	869,765
Total Liabilities	27,682,967	26,146,169
Asset Management and Strategic Holdings | Consolidated VIEs | Consolidated Funds and Other Investment Vehicles
Assets
Cash and Cash Equivalents	1,090,876	1,162,174
Restricted Cash and Cash Equivalents	105,804	110,308
Investments	60,409,585	57,343,237
Other Assets	285,719	345,509
Total Assets	61,891,984	58,961,228
Liabilities
Debt Obligations	8,026,423	8,554,449
Accrued Expenses and Other Liabilities	674,253	488,717
Total Liabilities	8,700,676	9,043,166
Asset Management and Strategic Holdings | Consolidated VIEs | Other VIEs
Assets
Cash and Cash Equivalents	0	0
Restricted Cash and Cash Equivalents	0	0
Investments	0	0
Other Assets	0	0
Total Assets	0	0
Liabilities
Debt Obligations	0	0
Accrued Expenses and Other Liabilities	0	0
Total Liabilities	0	0
Insurance
Assets
Cash and Cash Equivalents	5,857,308	11,954,675
Restricted Cash and Cash Equivalents	388,369	342,954
Investments	172,377,108	141,370,323
Other Assets	5,814,459	4,883,707
Total Assets	240,050,638	203,726,827
Liabilities
Debt Obligations	3,811,218	2,587,857
Accrued Expenses and Other Liabilities	2,276,060	3,256,006
Total Liabilities	240,825,321	205,771,898
Insurance | Consolidated VIEs
Assets
Cash and Cash Equivalents	867,314	783,015
Investments	27,099,214	22,556,040
Other Assets	615,073	491,607
Total Assets	28,581,601	23,830,662
Liabilities
Debt Obligations	32,300
Accrued Expenses and Other Liabilities	407,760	337,162
Total Liabilities	440,060
Insurance | Consolidated VIEs | Consolidated CFEs
Assets
Cash and Cash Equivalents	0	0
Investments	0	0
Other Assets	0	0
Total Assets	0	0
Liabilities
Debt Obligations	0
Accrued Expenses and Other Liabilities	0	0
Total Liabilities	0
Insurance | Consolidated VIEs | Consolidated Funds and Other Investment Vehicles
Assets
Cash and Cash Equivalents	0	0
Investments	0	0
Other Assets	0	0
Total Assets	0	0
Liabilities
Debt Obligations	0
Accrued Expenses and Other Liabilities	0	0
Total Liabilities	0
Insurance | Consolidated VIEs | Other VIEs
Assets
Cash and Cash Equivalents	867,314	783,015
Investments	27,099,214	22,556,040
Other Assets	615,073	491,607
Total Assets	28,581,601	23,830,662
Liabilities
Debt Obligations	32,300
Accrued Expenses and Other Liabilities	407,760	$ 337,162
Total Liabilities	$ 440,060

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenues
Net Premiums	$ 621,218	$ 220,212	$ 7,593,534	$ 1,320,265
Net Investment Income	1,701,826	1,412,130	4,802,226	4,023,882
Total Revenues	4,791,696	3,315,481	18,620,344	10,069,481
Expenses
Total Expenses	4,746,005	2,315,523	18,005,278	8,298,088
Investment Income (Loss) - Asset Management and Strategic Holdings
Net Gains (Losses) from Investment Activities	1,314,626	1,468,209	2,345,455	1,878,885
Dividend Income	151,260	201,925	867,666	597,031
Interest Income	854,927	873,440	2,648,890	2,452,117
Interest Expense	(721,940)	(724,342)	(2,259,257)	(2,020,788)
Total Investment Income (Loss)	1,598,873	1,819,232	3,602,754	2,907,245
Income (Loss) Before Taxes	1,644,564	2,819,190	4,217,820	4,678,638
Income Tax Expense (Benefit)	209,896	437,210	696,066	910,912
Net Income (Loss)	1,434,668	2,381,980	3,521,754	3,767,726
Net Income (Loss) Attributable to Redeemable Noncontrolling Interests	(4,798)	(3,685)	57,546	(12,728)
Net Income (Loss) Attributable to Noncontrolling Interests	838,916	895,539	1,513,518	1,088,622
Net Income (Loss) Attributable to KKR & Co. Inc.	600,550	1,490,126	1,950,690	2,691,832
Net Income (Loss) Attributable to KKR & Co. Inc. Common Stockholders	600,550	1,472,878	1,950,690	2,640,085
Series C Mandatory Convertible Preferred Stock Dividends
Investment Income (Loss) - Asset Management and Strategic Holdings
Series C Mandatory Convertible Preferred Stock Dividends	$ 0	$ 17,248	$ 0	$ 51,747
Common Stock
Net Income (Loss) Attributable to KKR & Co. Inc. Per Share of Common Stock
Basic (in dollars per share)	$ 0.68	$ 1.71	$ 2.20	$ 3.06
Diluted (in dollars per share)	$ 0.64	$ 1.64	$ 2.09	$ 2.95
Weighted Average Shares of Common Stock Outstanding
Basic (in shares)	887,444,991	862,123,088	886,618,138	861,598,674
Diluted (in shares)	941,967,479	909,056,980	933,079,377	911,716,705
Asset Management and Strategic Holdings
Revenues
Fees and Other	$ 1,105,666	$ 655,367	$ 2,621,516	$ 2,086,830
Capital Allocation-Based Income (Loss)	1,163,424	1,009,645	3,164,491	2,155,560
Total Revenues	2,269,090	1,665,012	5,786,007	4,242,390
Expenses
Compensation and Benefits	1,374,840	900,582	3,586,453	2,133,366
Occupancy and Related Charges	35,837	24,498	82,683	70,240
General, Administrative and Other	367,666	243,268	950,136	746,543
Total Expenses	1,778,343	1,168,348	4,619,272	2,950,149
Insurance
Revenues
Net Premiums	621,218	220,212	7,593,534	1,320,265
Policy Fees	375,371	314,016	1,038,218	943,200
Net Investment Income	1,701,826	1,412,130	4,802,226	4,023,882
Net Investment-Related Gains (Losses)	(235,971)	(338,230)	(780,077)	(579,613)
Other Income	60,162	42,341	180,436	119,357
Total Revenues	2,522,606	1,650,469	12,834,337	5,827,091
Expenses
General, Administrative and Other	206,951	183,246	571,503	599,029
Net Policy Benefits and Claims (including market risk benefit loss (gain) of $54,469, $(117,654), $(35,501) and $(46,631), respectively; remeasurement (gain) loss on policy liabilities: $(74,645), $18,433, $(74,645) and $18,433, respectively.)	2,421,695	747,238	11,881,924	4,010,306
Amortization of Policy Acquisition Costs	49,360	17,656	78,416	62,037
Interest Expense	78,508	44,724	198,825	124,817
Insurance Expenses	211,148	154,311	655,338	551,750
Total Expenses	$ 2,967,662	$ 1,147,175	$ 13,386,006	$ 5,347,939

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Statement [Abstract]
Market risk benefit, (gain) loss	$ 54,469	$ (117,654)	$ (35,501)	$ (46,631)
Liability for future policy benefit, remeasurement (gain) loss	$ (74,645)	$ 18,433	$ (74,645)	$ 18,433

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net Income (Loss)	$ 1,434,668	$ 2,381,980	$ 3,521,754	$ 3,767,726
Other Comprehensive Income (Loss), Net of Tax:
Unrealized Gains (Losses) on Available-For-Sale Securities and Other	2,327,041	(1,593,271)	1,699,218	(681,184)
Net effect of changes in discount rates and instrument-specific credit risk on policy liabilities	(687,406)	233,089	(414,922)	109,539
Foreign Currency Translation Adjustments	181,643	(73,324)	(19,338)	(198,177)
Comprehensive Income (Loss)	3,255,946	948,474	4,786,712	2,997,904
Comprehensive Income (Loss) Attributable to Redeemable Noncontrolling Interests	(4,798)	(3,685)	57,546	(12,728)
Comprehensive Income (Loss) Attributable to Noncontrolling Interests	828,439	392,250	1,498,203	875,371
Comprehensive Income (Loss) Attributable to KKR & Co. Inc.	$ 2,432,305	$ 559,909	$ 3,230,963	$ 2,135,261

CONDENSED CONSOLIDATED STATEM_7

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($) $ in Thousands	Total	Series I Preferred Stock	Total KKR & Co. Inc. Stockholders' Equity	Preferred Stock Series C Mandatory Convertible Preferred Stock Dividends	Preferred Stock Series I Preferred Stock	Common Stock	Additional Paid-In Capital	Additional Paid-In Capital 2024 GA Acquisition	Additional Paid-In Capital As previously reported	Additional Paid-In Capital Adjustment	Retained Earnings	Retained Earnings As previously reported	Retained Earnings Adjustment	Retained Earnings Series C Mandatory Convertible Preferred Stock Dividends	Accumulated Other Comprehensive Income (Loss) (net of tax)	Accumulated Other Comprehensive Income (Loss) (net of tax) 2024 GA Acquisition	Accumulated Other Comprehensive Income (Loss) (net of tax) As previously reported	Accumulated Other Comprehensive Income (Loss) (net of tax) Adjustment	Noncontrolling Interests	Noncontrolling Interests As previously reported	Noncontrolling Interests Adjustment
Increase (Decrease) in Stockholders' Equity
Redeemable Noncontrolling Interests (See Note 23)	$ 152,065
Stockholders' equity, beginning balance at Dec. 31, 2022				$ 1,115,792		$ 8,611	$ 16,284,057		$ 16,190,407	$ 93,650	$ 6,701,107	$ 6,315,711	$ 385,396		$ (5,301,800)		$ (5,901,701)	$ 599,901	$ 36,410,858	$ 35,778,000	$ 632,858
Preferred stock, shares outstanding, beginning balance (in shares) at Dec. 31, 2022				22,999,974	1
Common stock, shares outstanding, beginning balance (in shares) at Dec. 31, 2022						861,110,478
Increase (Decrease) in Stockholders' Equity
Conversion of Series C Mandatory Convertible Preferred Stock				$ (1,115,792)		$ 269	1,115,523
Conversion of Series C Mandatory Convertible Preferred Stock (in shares)				(22,999,974)		26,909,918
Clawback of Transfer Restricted Shares (in shares)						(21,957)
Net Delivery of Common Stock (Equity Incentive Plans)						$ 20	(31,775)
Net Delivery of Common Stock (Equity Incentive Plans) (in shares)						1,981,928
Repurchases of Common Stock						$ (54)	(289,790)
Repurchases of Common Stock (in shares)						(5,395,162)
Excise Tax on Share Repurchases							(1,349)
Equity-Based Compensation							141,798
Change in KKR & Co. Inc.'s Ownership Interest							107,241								5,880				(113,121)
Tax Effects of Changes in Ownership and Other							1,780
Net Income (Loss) Attributable to KKR & Co. Inc.	2,691,832										2,691,832
Series C Mandatory Convertible Preferred Stock Dividends ($0.75 per share)														$ (51,747)
Common stock dividends											(417,259)
Other Comprehensive Income (Loss)															(556,571)
Stockholders' equity, ending balance at Sep. 30, 2023	61,176,301		$ 20,407,773	$ 0		$ 8,846	17,327,485				8,923,933				(5,852,491)				40,768,528
Preferred stock, shares outstanding, ending balance (in shares) at Sep. 30, 2023				0	1
Common stock, shares outstanding, ending balance (in shares) at Sep. 30, 2023						884,585,205
Increase (Decrease) in Stockholders' Equity
Redeemable Noncontrolling Interests (See Note 23)	183,413
Stockholders' equity, beginning balance at Jun. 30, 2023				$ 1,115,792		$ 8,580	16,186,898		16,186,898		7,592,571	7,592,571			(4,922,274)		(4,922,274)			40,429,454
Preferred stock, shares outstanding, beginning balance (in shares) at Jun. 30, 2023				22,998,802	1
Common stock, shares outstanding, beginning balance (in shares) at Jun. 30, 2023						857,987,641
Increase (Decrease) in Stockholders' Equity
Conversion of Series C Mandatory Convertible Preferred Stock				$ (1,115,792)		$ 269	1,115,523
Conversion of Series C Mandatory Convertible Preferred Stock (in shares)				(22,998,802)		26,908,552
Clawback of Transfer Restricted Shares (in shares)						(2,180)
Repurchases of Common Stock						$ (3)	(17,566)
Repurchases of Common Stock (in shares)						(308,808)
Excise Tax on Share Repurchases							(1,349)
Equity-Based Compensation							44,846
Change in KKR & Co. Inc.'s Ownership Interest																			0
Tax Effects of Changes in Ownership and Other							(867)
Net Income (Loss) Attributable to KKR & Co. Inc.	1,490,126										1,490,126
Series C Mandatory Convertible Preferred Stock Dividends ($0.75 per share)														$ (17,248)
Common stock dividends											(141,516)
Other Comprehensive Income (Loss)															(930,217)
Stockholders' equity, ending balance at Sep. 30, 2023	61,176,301		20,407,773	$ 0		$ 8,846	17,327,485				8,923,933				(5,852,491)				40,768,528
Preferred stock, shares outstanding, ending balance (in shares) at Sep. 30, 2023				0	1
Common stock, shares outstanding, ending balance (in shares) at Sep. 30, 2023						884,585,205
Increase (Decrease) in Stockholders' Equity
Redeemable Noncontrolling Interests (See Note 23)	421,874
Redeemable Noncontrolling Interests (See Note 23)	615,427
Stockholders' equity, beginning balance at Dec. 31, 2023	$ 57,763,485					$ 8,850			17,549,157			9,818,336					(4,517,649)		34,904,791	34,904,791
Preferred stock, shares outstanding, beginning balance (in shares) at Dec. 31, 2023		1			1
Common stock, shares outstanding, beginning balance (in shares) at Dec. 31, 2023	885,005,588					885,005,588
Increase (Decrease) in Stockholders' Equity
Clawback of Transfer Restricted Shares (in shares)						(9,725)
Exchange of KKR Holding Units (in shares)						69,714
Private Placement Share Issuance (in shares)						5,379
Net Delivery of Common Stock (Equity Incentive Plans)						$ 24	(93,054)
Net Delivery of Common Stock (Equity Incentive Plans) (in shares)						2,378,037
Compensation Modification (See Note 19)							226,011												53,623
Compensation Modification - Issuance of Holdings III Units (See Note 19)							(53,623)
Equity-Based Compensation							233,849
2024 GA Acquisition - Issuance of Holdings III Units (See Note 1)								$ (40,789)
Change in KKR & Co. Inc.'s Ownership Interest							317,228	$ 128,194							30,295	$ (2,297,494)			(342,811)
Tax Effects of Changes in Ownership and Other							15
Net Income (Loss) Attributable to KKR & Co. Inc.	$ 1,950,690										1,950,690
Common stock dividends											(456,628)
Other Comprehensive Income (Loss)															1,280,273
Stockholders' equity, ending balance at Sep. 30, 2024	$ 60,476,302		24,083,685			$ 8,874	18,266,988				11,312,398				(5,504,575)				36,392,617
Preferred stock, shares outstanding, ending balance (in shares) at Sep. 30, 2024		1			1
Common stock, shares outstanding, ending balance (in shares) at Sep. 30, 2024	887,448,993					887,448,993
Increase (Decrease) in Stockholders' Equity
Redeemable Noncontrolling Interests (See Note 23)	$ 1,291,487
Stockholders' equity, beginning balance at Jun. 30, 2024						$ 8,874			$ 18,133,336			$ 10,867,154					$ (7,336,261)			$ 35,565,377
Preferred stock, shares outstanding, beginning balance (in shares) at Jun. 30, 2024					1
Common stock, shares outstanding, beginning balance (in shares) at Jun. 30, 2024						887,439,098
Increase (Decrease) in Stockholders' Equity
Exchange of KKR Holding Units (in shares)						8,333
Net Delivery of Common Stock (Equity Incentive Plans)							(84)
Net Delivery of Common Stock (Equity Incentive Plans) (in shares)						1,562
Equity-Based Compensation							77,590
Change in KKR & Co. Inc.'s Ownership Interest							56,131								(69)				(54,299)
Tax Effects of Changes in Ownership and Other							15
Net Income (Loss) Attributable to KKR & Co. Inc.	600,550										600,550
Common stock dividends											(155,306)
Other Comprehensive Income (Loss)															1,831,755
Stockholders' equity, ending balance at Sep. 30, 2024	$ 60,476,302		$ 24,083,685			$ 8,874	$ 18,266,988				$ 11,312,398				$ (5,504,575)				$ 36,392,617
Preferred stock, shares outstanding, ending balance (in shares) at Sep. 30, 2024		1			1
Common stock, shares outstanding, ending balance (in shares) at Sep. 30, 2024	887,448,993					887,448,993
Increase (Decrease) in Stockholders' Equity
Redeemable Noncontrolling Interests (See Note 23)	$ 1,322,308

CONDENSED CONSOLIDATED STATEM_8

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) (Parenthetical) - $ / shares	3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2023	Dec. 31, 2022
Accounting Standards Update [Extensible Enumeration]			Accounting Standards Update 2018-12 [Member]
Common stock, dividends declared (in dollars per share)	$ 0.165	$ 0.485
Series C Mandatory Convertible Preferred Stock Dividends
Preferred stock, dividends declared (in dollars per share)	$ 0.75	$ 2.25

CONDENSED CONSOLIDATED STATEM_9

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Operating Activities
Net Income (Loss)	$ 3,521,754	$ 3,767,726
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided (Used) by Operating Activities:
Equity-Based and Other Non-Cash Compensation	552,987	478,253
Change in Unrealized (Gains) Losses - Asset Management and Strategic Holdings	(2,059,776)	(2,237,814)
Net Accretion and Amortization	(88,832)	52,177
Other Non-Cash Amounts	230,758	94,842
Cash Flows Due to Changes in Operating Assets and Liabilities:
Change in Consolidation	77,255	(4,247)
Change in Due from / to Affiliates	(565,869)	112,053
Change in Other Assets	(1,126,868)	645,510
Change in Accrued Expenses and Other Liabilities	3,172,423	251,716
Net Cash Provided (Used) by Operating Activities	6,761,533	(2,600,936)
Investing Activities
Purchases of Fixed Assets	(88,369)	(79,181)
Net Cash Provided (Used) by Investing Activities	(16,794,692)	(4,695,904)
Financing Activities
Common Stock Dividends	(456,628)	(417,259)
Distributions to Redeemable Noncontrolling Interests	(20,432)	(1,998)
Contributions from Redeemable Noncontrolling Interests	671,530	312,356
Distributions to Noncontrolling Interests	(6,767,940)	(5,280,792)
Contributions from Noncontrolling Interests	5,942,333	9,290,719
2024 GA Acquisition - Cash consideration (See Note 1)	(2,622,230)	0
Net Delivery of Common Stock (Equity Incentive Plans)	(93,030)	(31,755)
Repurchases of Common Stock	0	(289,844)
Proceeds from Debt Obligations	21,191,234	11,628,480
Repayment of Debt Obligations	(18,770,321)	(8,753,800)
Financing Costs Paid	(18,282)	(12,387)
Net Cash Provided (Used) by Financing Activities	4,182,584	5,631,428
Effect of exchange rate changes on cash, cash equivalents and restricted cash	4,894	(9,116)
Net Increase/(Decrease) in Cash, Cash Equivalents and Restricted Cash	(5,845,681)	(1,674,528)
Cash, Cash Equivalents and Restricted Cash, Beginning of Period	20,808,120	13,385,370
Cash, Cash Equivalents and Restricted Cash, End of Period	14,962,439	11,710,842
Supplemental Disclosures of Cash Flow Information
Payments for Interest	2,145,165	1,958,661
Payments for Income Taxes	482,665	809,873
Payments for Operating Lease Liabilities	48,366	43,511
Supplemental Disclosures of Non-Cash Investing and Financing Activities
Non-Cash Contribution from Noncontrolling Interests	34,317	0
Non-Cash Distribution to Noncontrolling Interests	0	(279,798)
Debt Obligations - Net Gains (Losses), Translation and Other	(432,918)	(396,043)
Right-of-Use Assets obtained in Exchange for new Operating Lease Liabilities	0	24,809
Investments Acquired through Reinsurance Agreements	11,393,248	788,095
Contractholder Deposit Funds Acquired through Reinsurance Agreements	2,047,850	43,968
Change in Consolidation
Other Assets	12,084	(2,780)
Debt Obligations	(1,063,374)	0
Accrued Expenses and Other Liabilities	5,952	(20,434)
Noncontrolling Interests	1,163,105	(360,877)
Redeemable Noncontrolling Interests	0	(27,821)
Series C Mandatory Convertible Preferred Stock Dividends
Financing Activities
Series C Mandatory Convertible Preferred Stock Dividends	0	(51,747)
Asset Management and Strategic Holdings
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided (Used) by Operating Activities:
Net Realized (Gains) Losses - Asset Management and Strategic Holdings	(285,679)	358,929
Change in Unrealized (Gains) Losses - Asset Management and Strategic Holdings	(2,059,776)	(2,237,814)
Capital Allocation-Based (Income) Loss - Asset Management and Strategic Holdings	(3,164,491)	(2,155,560)
Cash Flows Due to Changes in Operating Assets and Liabilities:
Investments Purchased - Asset Management and Strategic Holdings	(33,483,469)	(27,080,157)
Proceeds from Investments - Asset Management and Strategic Holdings	34,008,924	19,533,570
Financing Activities
Cash, Cash Equivalents and Restricted Cash, Beginning of Period	8,510,491	6,958,756
Cash, Cash Equivalents and Restricted Cash, End of Period	8,716,762	7,051,879
Change in Consolidation
Investments	(81,971)	(335,637)
Insurance
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided (Used) by Operating Activities:
Net Investment and Policy Liability-Related (Gains) Losses - Insurance	2,545,702	1,707,435
Interest Credited to Policyholder Account Balances (net of Policy Fees) - Insurance	3,003,466	2,014,334
Cash Flows Due to Changes in Operating Assets and Liabilities:
Reinsurance Transactions and Acquisitions, Net of Cash Provided - Insurance	1,012,179	354,989
Change in Premiums, Notes Receivable and Reinsurance Recoverable, Net of Reinsurance Premiums Payable - Insurance	308,395	570,907
Change in Deferred Policy Acquisition Costs - Insurance	(608,967)	(374,129)
Change in Policy Liabilities and Accruals, Net - Insurance	(288,359)	(691,470)
Investing Activities
Investments Purchased - Insurance	(60,261,313)	(19,650,977)
Proceeds from Investments - Insurance	43,527,269	14,995,591
Other Investing Activities, Net - Insurance	27,721	38,663
Financing Activities
Additions to Contractholder Deposit Funds - Insurance	23,011,953	11,756,389
Withdrawals from Contractholder Deposit Funds - Insurance	(16,764,510)	(12,113,301)
Reinsurance Transactions, Net of Cash Provided - Insurance	47,821	79,903
Other Financing Activity, Net - Insurance	(1,168,914)	(483,536)
Cash, Cash Equivalents and Restricted Cash, Beginning of Period	12,297,629	6,426,614
Cash, Cash Equivalents and Restricted Cash, End of Period	6,245,677	4,658,963
Change in Consolidation
Investments	$ 0	$ (93,545)

CONDENSED CONSOLIDATED STATE_10

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022
Cash, Cash Equivalents and Restricted Cash are comprised of the following:
Cash, Cash Equivalents and Restricted Cash	$ 14,962,439	$ 20,808,120	$ 11,710,842	$ 13,385,370
Asset Management and Strategic Holdings
Cash, Cash Equivalents and Restricted Cash are comprised of the following:
Cash and Cash Equivalents	8,602,477	8,393,892	6,977,836	6,705,325
Restricted Cash and Cash Equivalents	114,285	116,599	74,043	253,431
Cash, Cash Equivalents and Restricted Cash	8,716,762	8,510,491	7,051,879	6,958,756
Insurance
Cash, Cash Equivalents and Restricted Cash are comprised of the following:
Cash and Cash Equivalents	5,857,308	11,954,675	4,316,606	6,118,231
Restricted Cash and Cash Equivalents	388,369	342,954	342,357	308,383
Cash, Cash Equivalents and Restricted Cash	$ 6,245,677	$ 12,297,629	$ 4,658,963	$ 6,426,614

ORGANIZATION

ORGANIZATION	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION	ORGANIZATION KKR & Co. Inc. (NYSE: KKR), through its subsidiaries (collectively, "KKR"), is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group LLC ("TGAFG" and, together with its insurance companies and other subsidiaries, "Global Atlantic"). KKR & Co. Inc. is the parent company of KKR Group Co. Inc., which in turn owns KKR Group Holdings Corp., which is the general partner of KKR Group Partnership L.P. ("KKR Group Partnership"). KKR & Co. Inc. both indirectly controls KKR Group Partnership and indirectly holds Class A partner interests in KKR Group Partnership ("KKR Group Partnership Units") representing economic interests in KKR's business. As of September 30, 2024, KKR & Co. Inc. held indirectly approximately 99.2% of the KKR Group Partnership Units. The remaining balance is held indirectly by KKR current and former employees through restricted holdings units representing an ownership interest in KKR Group Partnership Units, which may be exchanged for shares of common stock of KKR & Co. Inc. ("exchangeable securities"). As limited partner interests, these KKR Group Partnership Units are non-voting and do not entitle anyone other than KKR to manage its business and affairs. KKR Group Partnership also has outstanding limited partner interests that provide for a carry pool provided by KKR Associates Holdings L.P. ("Associates Holdings"). On January 2, 2024, KKR acquired the remaining minority interests of Global Atlantic held by third party co-investors and Global Atlantic employees in exchange for cash and securities exchangeable for shares of KKR & Co. Inc. common stock (the “2024 GA Acquisition”). The purchase price paid by KKR was approximately $2.6 billion in cash and approximately $41 million in securities exchangeable for shares of KKR & Co. Inc. common stock. Global Atlantic was consolidated prior to January 2, 2024 and consequently, this transaction was accounted for as an equity transaction. At the time of the 2024 GA Acquisition, the carrying value of the noncontrolling interests held by third party co-investors and Global Atlantic employees in Global Atlantic was lower than the purchase price paid by KKR, which was determined by excluding unrealized losses on its available-for-sale portfolio and consistent with the calculation of the purchase price paid by KKR to acquire Global Atlantic in 2021. As such, this transaction resulted in a decrease in KKR & Co. Inc. Stockholders’ Equity. References to "KKR" in these financial statements refer to KKR & Co. Inc. and its subsidiaries, including Global Atlantic, unless the context requires otherwise, especially in sections where "KKR" is intended to refer to the asset management and strategic holdings businesses only. References in these financial statements to "principals" are to KKR's current and former employees who held interests in KKR's business through KKR Holdings prior to the Reorganization Mergers (as defined below). References to "Global Atlantic" in these financial statements includes the insurance companies and other subsidiaries of Global Atlantic, which are consolidated by KKR. Reorganization Agreement On October 8, 2021, KKR entered into a Reorganization Agreement (the "Reorganization Agreement") with KKR Holdings L.P. ("KKR Holdings"), KKR Management LLP (which holds the sole outstanding share of Series I preferred stock), Associates Holdings, and the other parties thereto. Pursuant to the Reorganization Agreement, the parties agreed to undertake a series of integrated transactions to effect a number of transformative structural and governance changes, some of which were completed on May 31, 2022, and other changes to be completed in the future. On May 31, 2022, KKR completed the merger transactions ("Reorganization Mergers") contemplated by the Reorganization Agreement pursuant to which KKR acquired KKR Holdings (which changed its name to KKR Group Holdings L.P.) and all of the KKR Group Partnership Units held by it. Pursuant to the Reorganization Agreement, the following transactions will occur in the future on the Sunset Date (as defined below): i. the control of KKR & Co. Inc. by KKR Management LLP and the Series I Preferred Stock held by it will be eliminated, ii. the voting rights for all common stock of KKR & Co. Inc., including with respect to the election of directors, will be established on a one vote per share basis, and iii. KKR will acquire control of Associates Holdings, the entity providing for the allocation of carry proceeds to KKR employees, also known as the carry pool.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited financial statements of KKR & Co. Inc. have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") for interim financial information and the instructions to this Quarterly Report on Form 10-Q. The condensed consolidated financial statements (referred to hereafter as the "financial statements"), including these notes, are unaudited and exclude some of the disclosures required in annual financial statements. Management believes it has made all necessary adjustments (consisting of only normal recurring items) such that the financial statements are presented fairly and that estimates made in preparing the financial statements are reasonable and prudent. The operating results presented for interim periods are not necessarily indicative of the results that may be expected for any other interim period or for the entire year. The consolidated balance sheet data as of December 31, 2023 were derived from audited financial statements included in KKR & Co. Inc.'s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 filed with the U.S. Securities and Exchange Commission ("SEC") on February 29, 2024 (our "Annual Report"), and the financial statements should be read in conjunction with the audited financial statements included therein. Additionally, in the accompanying financial statements, the condensed consolidated statements of financial condition are referred to hereafter as the "consolidated statements of financial condition"; the condensed consolidated statements of operations are referred to hereafter as the "consolidated statements of operations"; the condensed consolidated statements of comprehensive income (loss) are referred to hereafter as the "consolidated statements of comprehensive income (loss)"; the condensed consolidated statements of changes in equity are referred to hereafter as the "consolidated statements of changes in equity"; and the condensed consolidated statements of cash flows are referred to hereafter as the "consolidated statements of cash flows." KKR consolidates the financial results of KKR Group Partnership and its consolidated entities, which include the accounts of KKR's investment management and capital markets companies, the general partners of certain unconsolidated investment funds, general partners of consolidated investment funds and their respective consolidated investment funds, Global Atlantic’s insurance companies and certain other entities including CFEs. The presentations in the consolidated statement of financial condition and consolidated statement of operations reflect the significant industry diversification of KKR by its acquisition of Global Atlantic. Global Atlantic operates an insurance business, and KKR operates an asset management business, which manages the operations of the newly-formed Strategic Holdings segment (see Note 21 - "Segment Reporting"), each of which possess distinct characteristics. As a result, KKR developed a two-tiered approach for the financial statements presentation, where Global Atlantic's insurance operations are presented separately from KKR's asset management business. KKR believes that these separate presentations provide a more informative view of the consolidated financial position and results of operations than traditional aggregated presentations and that reporting Global Atlantic’s insurance operations separately is appropriate given, among other factors, the relative significance of Global Atlantic’s policy liabilities, which are not obligations of KKR. (other than the insurance companies that issued them). If a traditional aggregate presentation were to be used, KKR would expect to eliminate or combine several identical or similar captions, which would condense the presentations, but would also reduce the level of information presented. KKR also believes that using a traditional aggregate presentation would result in no new line items compared to the two-tier presentation included in the financial statements in this report. In the ordinary course of business, KKR’s Asset Management business, Strategic Holdings business and Insurance business enter into transactions with each other, which may include transactions pursuant to their investment management agreements and certain financing arrangements. The borrowings from these financing arrangements are non-recourse to KKR beyond the assets designated to support such borrowings. All of the investment management and financing arrangements amongst KKR segments are eliminated in consolidation. All intercompany transactions and balances have been eliminated. For a detailed discussion about KKR’s significant accounting policies and for further information on accounting updates adopted in the prior year, see Note 2 to the financial statements in the Annual Report. Other than the items listed below, during the nine months ended September 30, 2024, there were no significant updates to KKR’s significant accounting policies. Goodwill and Intangible Assets Goodwill represents the excess of acquisition cost over the fair value of net tangible and intangible assets acquired in connection with an acquisition. Goodwill is assessed for impairment annually in the third quarter of each fiscal year or more frequently if circumstances indicate impairment may have occurred. Goodwill and Intangible Assets are recorded in Other Assets in the accompanying consolidated statements of financial condition. In accordance with GAAP, KKR has the option to either (i) perform a quantitative impairment test or (ii) first perform a qualitative assessment (commonly known as "step zero") to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount, in which case the quantitative test would then be performed. When performing a quantitative impairment test, KKR compares the fair value of a reporting unit with its carrying amount, including goodwill. If the fair value of the reporting unit is less than its carrying amount, the goodwill impairment loss is equal to the excess of the carrying value over the fair value, limited to the carrying amount of goodwill allocated to that reporting unit. The estimated fair values of the reporting units are derived based on valuation techniques KKR believes market participants would use for each respective reporting unit. The estimated fair values are generally determined by utilizing a discounted cash flow methodology and methodologies that incorporate market multiples of certain comparable companies. KKR tests goodwill for impairment at the reporting unit level, which is generally at the level of or one level below its reportable segments, on an annual basis, or, when an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. Goodwill recorded as a result of the acquisition of Global Atlantic has been allocated to the insurance segment, and goodwill recorded as a result of the acquisition of KJR Management ("KJRM") has been allocated to the asset management segment. In the first quarter of 2024, the change in reportable segments required the identification of a new reporting unit related to the creation of the Strategic Holdings segment and the allocation of goodwill to this reporting unit based on the relative fair value approach. During the third quarter of 2024, KKR performed its annual impairment analysis for the goodwill recorded at the asset management, strategic holdings and insurance reporting units. KKR elected to perform step zero for the purposes of its impairment analysis for the goodwill recorded at its reporting units. Based upon these assessments, KKR determined that it is more likely than not that the fair value of the reporting unit exceeds its carrying value. Factors considered in the qualitative assessment included macroeconomic conditions, industry and market considerations, cost factors, current and projected financial performance, changes in management or strategy and market capitalization. Additionally, during the third quarter of 2024, KKR performed its annual impairment analysis on KJRM’s investment management contracts recorded at KKR’s asset management business, which were determined to have indefinite useful lives and are not subject to amortization. KKR elected to perform a qualitative assessment for the purposes of its impairment analysis. Based upon this assessment, KKR determined that it is more likely than not that the fair value of the KJRM investment management contracts exceeded their carrying value. Factors considered in the qualitative assessment included macroeconomic conditions, industry and market considerations, cost factors, and current and projected financial performance. Use of Estimates The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the recognition and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues, expenses, investment income (loss) and income taxes during the reporting periods. Such estimates include but are not limited to (i) the valuation of investments and financial instruments, (ii) the determination of the income tax provision, (iii) the impairment of goodwill and intangible assets, (iv) the impairment of available-for-sale investments, (v) the valuation of insurance policy liabilities, including market risk benefits, (vi) the valuation of embedded derivatives in policy liabilities and funds withheld, (vii) the determination of the allowance for loan losses, and (viii) amortization of deferred revenues and expenses associated with the insurance business. Certain events particular to each industry and country or region in which the portfolio companies conduct their operations, as well as general market, economic, political and geopolitical, regulatory and public health conditions, may have a significant negative impact on KKR’s investments and profitability. Such events are beyond KKR’s control, and the likelihood that they may occur and the effect on KKR's use of estimates cannot be predicted. Actual results could differ from those estimates, and such differences could be material to the financial statements. Compensation and Benefits Carry Pool Allocation With respect to our funds that provide for carried interest, KKR allocates a portion of the realized and unrealized carried interest that KKR earns to Associates Holdings, which is referred to as the carry pool, from which KKR's asset management employees and certain other carry pool participants are eligible to receive a carried interest allocation. The allocation is determined based upon a fixed arrangement between Associates Holdings and KKR, and KKR does not exercise discretion on whether to make an allocation to the carry pool upon a realization event. KKR refers to the portion of carried interest that KKR allocates to the carry pool as the carry pool percentage. As of December 31, 2023, the carry pool percentage was fixed at 40%, 43% or 65% by investment fund, depending on the fund’s vintage. For funds that closed after December 31, 2020 but before December 31, 2023, the carry pool percentage was fixed at 65%. For funds that closed after June 30, 2017 but before December 31, 2020, the carry pool percentage was fixed at 43%, and the carry pool percentage was fixed at 40% for older funds that contributed to KKR's carry pool. Effective January 2, 2024, KKR is authorized to apply a carry pool percentage in excess of these fixed percentages of up to 80% for all funds. This increase to the carry pool percentage was approved by a majority of KKR's independent directors, and the carry pool percentage may not be increased above 80% without the further approval of a majority of KKR's independent directors. For funds that closed after December 31, 2023, the carry pool percentage is fixed at 80%. For funds that closed prior to December 31, 2023, the carry pool percentage is calculated at a fixed percentage of 40%, 43% or 65% (depending on the fund’s vintage) for carried interest realized up to a high water mark, which was established based on the unrealized carried interest balance that existed on January 2, 2024, plus an additional percentage amount up to 80% based on a formulaic allocation, only if the unrealized carried interest balance at any period end exceeds the high water mark. This imposes a limitation of the carry pool allocation for such funds based on the amount of cumulative unrealized carried interest income earned subsequent to December 31, 2023. For funds that closed before December 31, 2023, if the cumulative carried interest subsequent to December 31, 2023 is not sufficient to fund this formulaic allocation, the allocation of carried interest reverts to the carry pool percentage in effect before this modification. As such, upon modification of the carry pool percentage effective on January 2, 2024, the cumulative unrealized carried interest was not sufficient to fund the additional formulaic allocation percentage in excess of the pre-existing 40%, 43% and 65% carry pool percentages, and therefore no incremental expense was recognized as of such date. The carry pool percentage applicable for all funds that closed prior to December 31, 2023 will not be less than their applicable carry pool percentages of 40%, 43% or 65% prior to December 31, 2023, and will not be more than 80%. The intent of this modification is that for all funds that closed prior to January 2, 2024, upon the final liquidation of each fund, realized carried interest distributed will equal the historical fund carry pool allocations up to the high water mark and only distributions of realized carried interest in excess of the high water mark will be distributed at 80 percent if and only if the unrealized carried interest balance at any period end exceeds the high water mark. Under no circumstance would a distribution of carried interest exceed 80% of the total allocable carried interest at any time. KKR accounts for the carry pool as a compensatory profit-sharing arrangement in Accrued Expenses and Other Liabilities within the accompanying consolidated statements of financial condition in conjunction with the related carried interest income and it is recorded as compensation expense. The liability that is recorded in each period reflects the legal entitlement of Associates Holdings at each point in time should the total unrealized carried interest be realized at the value recorded at each reporting date. Upon a reversal of carried interest income, the related carry pool allocation, if any, is also reversed. Accordingly, such compensation expense is subject to both positive and negative adjustments. Adoption of new accounting pronouncements Fair value measurement of equity securities subject to contractual sale restrictions In June 2022, the FASB issued ASU 2022–03, ASC Subtopic 820 “Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions” ("ASU 2022–03"). According to ASU 2022-03, an entity should not consider the contractual sale restriction when measuring the equity security’s fair value and an entity is not allowed to recognize a contractual sale restriction as a separate unit of account. ASU 2022–03 is effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. KKR adopted this accounting standard effective January 1, 2024 and its adoption on a prospective basis did not have any material impact on KKR's consolidated financial statements. Accounting for Investments in Tax Credit Structures In March 2023, the FASB issued ASU 2023–02 "Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method" ("ASU 2023–02") to expand the population of investments in tax credit structures that may be eligible to apply the proportional amortization method (“PAM”), if certain criteria are met. The election to use the PAM can be made on a tax credit program-by-program basis. Under the new guidance, certain disclosures are required for investments in tax credit programs for which the PAM is elected. The guidance is effective for fiscal years beginning after December 15, 2023. KKR adopted this accounting standard effective January 1, 2024 and its adoption did not have any material impact on KKR's consolidated financial statements. Future application of accounting standards Improvements to Reportable Segment Disclosures In November 2023, the FASB issued ASU 2023–07 "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures" ("ASU 2023–07"). ASU 2023–07 intends to improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. This is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. KKR is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements and disclosures. Scope Application of Profits Interest and Similar Awards In March 2024, the FASB issued ASU 2024–01, Compensation—Stock Compensation (Topic 718): Scope Application of Profits Interest and Similar Awards (“ASU 2024–01”). ASU 2024–01 amends the guidance in Accounting Standard Codification 718 (“ASC 718”) by adding an illustrative example to demonstrate and clarify how to apply the scope guidance to determine whether profits interests and similar awards should be accounted for as a share-based payment arrangement under ASC 718 or another standard. ASU 2024–01 will be effective for KKR’s reporting period ended March 31, 2025. KKR is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements and disclosures. Improvements to Income Tax Disclosures In December 2023, the FASB issued ASU 2023–09 "Improvements to Income Tax Disclosures" ("ASU 2023–09"). ASU 2023–09 intends to enhance the transparency and decision usefulness of income tax disclosures, requiring disaggregated information about an entity’s effective tax rate reconciliation as well as income taxes paid. This is effective for fiscal years beginning after December 15, 2024. KKR is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements and disclosures.

REVENUES - ASSET MANAGEMENT AND

REVENUES - ASSET MANAGEMENT AND STRATEGIC HOLDINGS	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
REVENUES - ASSET MANAGEMENT AND STRATEGIC HOLDINGS	REVENUES - ASSET MANAGEMENT AND STRATEGIC HOLDINGS For the three and nine months ended September 30, 2024 and 2023, respectively, Asset Management and Strategic Holdings revenues consisted of the following: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Management Fees $ 521,573 $ 458,624 $ 1,478,403 $ 1,358,526 Fee Credits (257,974) (60,671) (435,476) (167,814) Transaction Fees 732,129 180,794 1,267,204 660,049 Monitoring Fees 43,622 34,253 135,902 98,902 Incentive Fees 4,386 3,150 38,215 21,721 Expense Reimbursements 32,789 15,982 68,050 48,366 Consulting Fees 29,141 23,235 69,218 67,080 Fees and Other 1,105,666 655,367 2,621,516 2,086,830 Carried Interest 1,071,164 841,092 2,856,414 1,724,777 General Partner Capital Interest 92,260 168,553 308,077 430,783 Total Capital Allocation-Based Income (Loss) 1,163,424 1,009,645 3,164,491 2,155,560 Total Revenues $ 2,269,090 $ 1,665,012 $ 5,786,007 $ 4,242,390

NET GAINS (LOSSES) FROM INVESTM

NET GAINS (LOSSES) FROM INVESTMENT ACTIVITIES - ASSET MANAGEMENT AND STRATEGIC HOLDINGS	9 Months Ended
	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
NET GAINS (LOSSES) FROM INVESTMENT ACTIVITIES - ASSET MANAGEMENT AND STRATEGIC HOLDINGS	NET GAINS (LOSSES) FROM INVESTMENT ACTIVITIES - ASSET MANAGEMENT AND STRATEGIC HOLDINGS Net Gains (Losses) from Investment Activities in the consolidated statements of operations consist primarily of the realized and unrealized gains and losses on investments (including foreign exchange gains and losses attributable to foreign denominated investments and related activities) and other financial instruments, including those for which the fair value option has been elected. Unrealized gains or losses result from changes in the fair value of these investments and other financial instruments during a period. Upon disposition of an investment or financial instrument, previously recognized unrealized gains or losses are reversed and an offsetting realized gain or loss is recognized in the current period. The following table summarizes total Net Gains (Losses) from Investment Activities: Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 Net Realized Gains (Losses) Net Unrealized Gains (Losses) Total Net Realized Gains (Losses) Net Unrealized Gains (Losses) Total Private Equity (1) $ (100,037) $ 1,606,607 $ 1,506,570 $ 75,764 $ 902,439 $ 978,203 Credit (1) (6,697) 16,244 9,547 (5,249) (53,016) (58,265) Investments of Consolidated CFEs (1) (71,668) 46,225 (25,443) (46,266) 370,853 324,587 Real Assets (1) 342,196 (239,711) 102,485 (313,139) 486,868 173,729 Equity Method - Other (1) 84,461 261,934 346,395 130,634 51,227 181,861 Other Investments (1) 20,529 100,905 121,434 5,190 (84,446) (79,256) Foreign Exchange Forward Contracts and Options (2) 1,576 (440,759) (439,183) 61,211 105,328 166,539 Securities Sold Short (2) (7,171) (5,406) (12,577) (938) 9,967 9,029 Other Derivatives (2) (17,283) (2,074) (19,357) (205) 11,621 11,416 Debt Obligations and Other (3) 6,623 (281,868) (275,245) 23,989 (263,623) (239,634) Net Gains (Losses) From Investment Activities $ 252,529 $ 1,062,097 $ 1,314,626 $ (69,009) $ 1,537,218 $ 1,468,209 Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 Net Realized Gains (Losses) Net Unrealized Gains (Losses) Total Net Realized Gains (Losses) Net Unrealized Gains (Losses) Total Private Equity (1) $ (75,157) $ 2,053,432 $ 1,978,275 $ 247,689 $ 1,373,121 $ 1,620,810 Credit (1) 61,597 (142,345) (80,748) (305,061) 368,744 63,683 Investments of Consolidated CFEs (1) (68,378) 54,177 (14,201) (96,148) 939,835 843,687 Real Assets (1) 291,310 (234,798) 56,512 (252,085) (22,676) (274,761) Equity Method - Other (1) 288,450 405,124 693,574 188,670 314,010 502,680 Other Investments (1) (250,458) 361,342 110,884 (317,609) 103,631 (213,978) Foreign Exchange Forward Contracts and Options (2) 59,414 (225,344) (165,930) 63,682 71,525 135,207 Securities Sold Short (2) (23,920) 5,285 (18,635) (1,894) 6,539 4,645 Other Derivatives (2) (24,780) 6,694 (18,086) 13,743 17,532 31,275 Debt Obligations and Other (3) 27,601 (223,791) (196,190) 100,084 (934,447) (834,363) Net Gains (Losses) From Investment Activities $ 285,679 $ 2,059,776 $ 2,345,455 $ (358,929) $ 2,237,814 $ 1,878,885 (1) See Note 7 "Investments." (2) See Note 8 "Derivatives" and Note 14 "Other Assets and Accrued Expenses and Other Liabilities." (3)

NET INVESTMENT INCOME - INSURAN

NET INVESTMENT INCOME - INSURANCE	9 Months Ended
	Sep. 30, 2024
Investments, All Other Investments [Abstract]
NET INVESTMENT INCOME - INSURANCE	NET INVESTMENT INCOME - INSURANCE Net investment income for Global Atlantic is comprised primarily of interest income, including amortization of premiums and accretion of discounts, based on yields that change due to expectations in projected cash flows, dividend income from common and preferred stock, earnings from investments accounted for under equity method accounting, and lease income on other investments. The components of net investment income were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Fixed Maturity Securities – Interest and Other Income $ 1,428,699 $ 1,128,962 $ 4,173,336 $ 3,265,774 Mortgage and Other Loan Receivables 725,463 491,922 1,914,700 1,423,142 Investments in Transportation and Other Leased Assets 87,321 81,365 249,827 236,280 Investments in Renewable Energy 24,044 41,061 49,446 78,990 Investments in Real Estate 86,491 42,447 184,729 121,908 Short-term and Other Investment Income 170,157 52,072 462,408 184,366 Income Assumed from Funds Withheld Receivable at Interest 20,717 23,765 61,433 71,547 Policy Loans 20,180 9,588 64,260 28,289 Income Ceded to Funds Withheld Payable at Interest (640,254) (331,691) (1,746,618) (950,174) Gross Investment Income 1,922,818 1,539,491 5,413,521 4,460,122 Less Investment Expenses: Investment Management and Administration 146,693 83,424 379,015 248,902 Transportation, Renewable Energy and Real-estate Asset Depreciation and Maintenance 51,797 45,931 151,716 152,319 Interest Expense on Derivative Collateral and Repurchase Agreements 22,502 (1,994) 80,564 35,019 Net Investment Income $ 1,701,826 $ 1,412,130 $ 4,802,226 $ 4,023,882 Net investment-related losses from insurance operations primarily consists of (i) realized gains (losses) from the disposal of investments, (ii) unrealized gains (losses) from investments held for trading, equity securities, real estate investments accounted for under investment company accounting, and investments with fair value remeasurements recognized in earnings as a result of the election of a fair-value option, (iii) unrealized gains (losses) on funds withheld receivable and payable at interest, (iv) unrealized gains (losses) from derivatives (excluding certain derivatives designated as hedge accounting instruments), and (v) allowances for credit losses, and other impairments of investments. Net investment-related losses were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Realized Losses on Available-for-sale Fixed Maturity Debt Securities $ (285,352) $ (15,156) $ (387,975) $ (67,195) Credit Loss Allowances on Available-for-sale Securities (59,195) 24,916 (50,455) (82,024) Credit Loss Allowances on Mortgage and Other Loan Receivables (92,293) (29,824) (263,749) (124,515) Allowances on Unfunded Commitments (1,663) (5,100) 25,598 26,494 Impairment of Available-for-sale Fixed Maturity Debt Securities Due to Intent to Sell — — — (26,741) Unrealized Gains (Losses) on Fixed Maturity Securities Classified as Trading 1,056,483 (594,218) 471,647 (284,555) Unrealized Gains (Losses) on Investments Recognized under the Fair-value Option and Equity Investments 20,589 (6,750) (56,579) (65,963) Unrealized Losses on Real Estate Investments Recognized at Fair Value Under Investment Company Accounting (26,503) (26,442) (133,280) (6,621) Net (Losses) Gains on Derivative Instruments (877,533) 314,380 (451,747) 44,399 Realized (Losses) Gains on Funds Withheld at Interest Payable Portfolio (20,158) 5,720 50,147 13,332 Realized (Losses) Gains on Funds Withheld at Interest Receivable Portfolio (24,194) (4,821) (47,242) 892 Other Realized Gains (Losses) 73,848 (935) 63,558 (7,116) Net Investment-Related Losses $ (235,971) $ (338,230) $ (780,077) $ (579,613) Allowance for credit losses Available-for-sale fixed maturity securities The table below presents a roll-forward of the allowance for credit losses recognized for fixed maturity securities held by Global Atlantic: Three Months Ended September 30, 2024 Nine Months Ended September 30, 2024 Corporate Structured Total Corporate Structured Total Balance, as of Beginning of Period $ 64,610 $ 150,604 $ 215,214 $ 49,008 $ 219,704 $ 268,712 Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance 19,132 292 19,424 41,475 1,552 43,027 Accretion of Initial Credit Loss Allowance on PCD Securities — 125 125 — 440 440 Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance (38) (3,145) (3,183) (278) (11,972) (12,250) Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance 105 39,666 39,771 17,233 (9,805) 7,428 Balances Charged Off (22,840) — (22,840) (46,469) (12,377) (58,846) Balance, as of End of Period $ 60,969 $ 187,542 $ 248,511 $ 60,969 $ 187,542 $ 248,511 Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 Corporate Structured Total Corporate Structured Total Balance, as of beginning of period $ 22,951 $ 206,347 $ 229,298 $ 1,298 $ 127,034 $ 128,332 Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance 111 6,325 6,436 20,848 53,333 74,181 Accretion of Initial Credit Loss Allowance on PCD Securities — 237 237 — 924 924 Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance (584) (3,836) (4,420) (584) (10,497) (11,081) Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance (4,038) (27,314) (31,352) (3,122) 10,965 7,843 Balance, as of End of Period $ 18,440 $ 181,759 $ 200,199 $ 18,440 $ 181,759 $ 200,199 Mortgage and other loan receivables Changes in the allowance for credit losses on mortgage and other loan receivables held by Global Atlantic are summarized below: Three Months Ended September 30, 2024 Nine Months Ended September 30, 2024 Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Balance, as of Beginning of Period $ 308,367 $ 90,234 $ 202,655 $ 601,256 $ 319,631 $ 107,204 $ 175,608 $ 602,443 Net Provision (Release) 64,482 8,263 19,548 92,293 151,822 (5,925) 117,852 263,749 Charge-offs (44,487) (2,334) (34,932) (81,753) (143,091) (5,116) (117,496) (265,703) Recoveries of Amounts Previously Charged-off 3,564 — 5,884 9,448 3,564 — 17,191 20,755 Balance, as of End of Period $ 331,926 $ 96,163 $ 193,155 $ 621,244 $ 331,926 $ 96,163 $ 193,155 $ 621,244 Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Balance, as of Beginning of Period $ 239,866 $ 139,936 $ 198,247 $ 578,049 $ 227,315 $ 125,824 $ 207,089 $ 560,228 Net Provision (Release) 21,725 (14,663) 22,762 29,824 48,276 2,871 73,368 124,515 Charge-offs — (2,648) (41,520) (44,168) (14,000) (6,070) (111,468) (131,538) Recoveries of Amounts Previously Charged-off — — 5,334 5,334 — — 15,834 15,834 Balance, as of End of Period $ 261,591 $ 122,625 $ 184,823 $ 569,039 $ 261,591 $ 122,625 $ 184,823 $ 569,039 Proceeds and gross gains and losses from voluntary sales The proceeds from voluntary sales and the gross gains and losses on those sales of available-for-sale ("AFS") fixed maturity securities were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 AFS Fixed Maturity Securities: Proceeds from Voluntary Sales $ 6,975,389 $ 1,180,675 $ 15,934,858 $ 4,316,003 Gross Gains $ 51,468 $ 15,152 $ 95,192 $ 45,717 Gross Losses $ (334,092) $ (27,499) $ (453,105) $ (108,355) The following reflects the reconciliation of the components of insurance intangibles to the total balance reported in the consolidated statements of financial condition as of September 30, 2024 and December 31, 2023: September 30, December 31, 2024 2023 Deferred Acquisition Costs, or "DAC" $ 1,577,789 $ 1,154,697 Value of Business Acquired 1,187,234 1,252,984 Cost-of-reinsurance Intangibles 2,327,885 2,043,143 Total Insurance Intangibles $ 5,092,908 $ 4,450,824 Deferred acquisition costs The following tables reflect the deferred acquisition costs roll-forward by product category for the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Other Total Balance, as of the Beginning of the Period $ 373,863 $ 481,970 $ 132,079 $ 166,785 $ 1,154,697 Capitalizations 178,589 292,109 6,266 112,252 589,216 Amortization Expense (78,606) (67,183) (6,486) (13,849) (166,124) Balance, as of the End of the Period $ 473,846 $ 706,896 $ 131,859 $ 265,188 $ 1,577,789 Nine Months Ended September 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Other Total Balance, as of the Beginning of the Period $ 221,679 $ 367,813 $ 116,021 $ 115,457 $ 820,970 Capitalizations 134,484 129,891 21,601 52,379 338,355 Amortization Expense (45,989) (43,608) (5,357) (10,985) (105,939) Balance, as of the End of the Period $ 310,174 $ 454,096 $ 132,265 $ 156,851 $ 1,053,386 Value of business acquired The following tables reflect the value of business acquired, or “VOBA” asset roll-forward by product category for the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 44,922 $ 621,372 $ 262,942 $ 245,042 $ 78,706 $ 1,252,984 Amortization Expense (2,784) (32,223) (10,212) (15,491) (5,040) (65,750) Balance, as of the End of the Period $ 42,138 $ 589,149 $ 252,730 $ 229,551 $ 73,666 $ 1,187,234 Nine Months Ended September 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 48,762 $ 663,296 $ 276,795 $ 241,778 $ 85,898 $ 1,316,529 Amortization Expense (2,893) (31,020) (10,338) (18,414) (5,448) (68,113) Balance, as of the End of the Period $ 45,869 $ 632,276 $ 266,457 $ 223,364 $ 80,450 $ 1,248,416 The following tables reflect the negative value of business acquired, or “negative VOBA” liability roll-forward by product category for the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 65,966 $ 106,538 $ 421,213 $ 91,295 $ 182,920 $ 867,932 Amortization Expense (17,221) (24,518) (22,349) (4,622) (10,053) (78,763) Balance, as of the End of the Period $ 48,745 $ 82,020 $ 398,864 $ 86,673 $ 172,867 $ 789,169 Nine Months Ended September 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 98,342 $ 145,610 $ 461,592 $ 99,776 $ 198,804 $ 1,004,124 Amortization Expense (24,725) (29,519) (26,634) (6,897) (12,420) (100,195) Balance, as of the End of the Period $ 73,617 $ 116,091 $ 434,958 $ 92,879 $ 186,384 $ 903,929 Unearned revenue reserves and unearned front-end loads Nine Months Ended September 30, 2024 2023 Preneed Balance, as of the Beginning of the Period $ 178,053 $ 118,186 Deferral 52,210 54,636 Amortized to Income during the Period (12,010) (8,480) Balance, as of the End of the Period $ 218,253 $ 164,342 Significant inputs, judgments, assumptions for DAC and related amortization amounts Global Atlantic considers surrender rates, mortality rates, and other relevant policy decrements in determining the expected life of the contract. As a part of Global Atlantic's actual experience update for the nine months ended September 30, 2024, Global Atlantic concluded that there was no material change in relevant inputs, judgments, or assumptions requiring an update of the amortization rate for DAC and related amortization amounts. For the nine months ended September 30, 2023, Global Atlantic updated mortality and surrender rates. These updates reduced the amortization rate for DAC and related amortization amounts by $1.1 million per quarter.

NET INVESTMENT-RELATED GAINS (L

NET INVESTMENT-RELATED GAINS (LOSSES) - INSURANCE	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
NET INVESTMENT-RELATED GAINS (LOSSES) - INSURANCE	NET INVESTMENT INCOME - INSURANCE Net investment income for Global Atlantic is comprised primarily of interest income, including amortization of premiums and accretion of discounts, based on yields that change due to expectations in projected cash flows, dividend income from common and preferred stock, earnings from investments accounted for under equity method accounting, and lease income on other investments. The components of net investment income were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Fixed Maturity Securities – Interest and Other Income $ 1,428,699 $ 1,128,962 $ 4,173,336 $ 3,265,774 Mortgage and Other Loan Receivables 725,463 491,922 1,914,700 1,423,142 Investments in Transportation and Other Leased Assets 87,321 81,365 249,827 236,280 Investments in Renewable Energy 24,044 41,061 49,446 78,990 Investments in Real Estate 86,491 42,447 184,729 121,908 Short-term and Other Investment Income 170,157 52,072 462,408 184,366 Income Assumed from Funds Withheld Receivable at Interest 20,717 23,765 61,433 71,547 Policy Loans 20,180 9,588 64,260 28,289 Income Ceded to Funds Withheld Payable at Interest (640,254) (331,691) (1,746,618) (950,174) Gross Investment Income 1,922,818 1,539,491 5,413,521 4,460,122 Less Investment Expenses: Investment Management and Administration 146,693 83,424 379,015 248,902 Transportation, Renewable Energy and Real-estate Asset Depreciation and Maintenance 51,797 45,931 151,716 152,319 Interest Expense on Derivative Collateral and Repurchase Agreements 22,502 (1,994) 80,564 35,019 Net Investment Income $ 1,701,826 $ 1,412,130 $ 4,802,226 $ 4,023,882 Net investment-related losses from insurance operations primarily consists of (i) realized gains (losses) from the disposal of investments, (ii) unrealized gains (losses) from investments held for trading, equity securities, real estate investments accounted for under investment company accounting, and investments with fair value remeasurements recognized in earnings as a result of the election of a fair-value option, (iii) unrealized gains (losses) on funds withheld receivable and payable at interest, (iv) unrealized gains (losses) from derivatives (excluding certain derivatives designated as hedge accounting instruments), and (v) allowances for credit losses, and other impairments of investments. Net investment-related losses were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Realized Losses on Available-for-sale Fixed Maturity Debt Securities $ (285,352) $ (15,156) $ (387,975) $ (67,195) Credit Loss Allowances on Available-for-sale Securities (59,195) 24,916 (50,455) (82,024) Credit Loss Allowances on Mortgage and Other Loan Receivables (92,293) (29,824) (263,749) (124,515) Allowances on Unfunded Commitments (1,663) (5,100) 25,598 26,494 Impairment of Available-for-sale Fixed Maturity Debt Securities Due to Intent to Sell — — — (26,741) Unrealized Gains (Losses) on Fixed Maturity Securities Classified as Trading 1,056,483 (594,218) 471,647 (284,555) Unrealized Gains (Losses) on Investments Recognized under the Fair-value Option and Equity Investments 20,589 (6,750) (56,579) (65,963) Unrealized Losses on Real Estate Investments Recognized at Fair Value Under Investment Company Accounting (26,503) (26,442) (133,280) (6,621) Net (Losses) Gains on Derivative Instruments (877,533) 314,380 (451,747) 44,399 Realized (Losses) Gains on Funds Withheld at Interest Payable Portfolio (20,158) 5,720 50,147 13,332 Realized (Losses) Gains on Funds Withheld at Interest Receivable Portfolio (24,194) (4,821) (47,242) 892 Other Realized Gains (Losses) 73,848 (935) 63,558 (7,116) Net Investment-Related Losses $ (235,971) $ (338,230) $ (780,077) $ (579,613) Allowance for credit losses Available-for-sale fixed maturity securities The table below presents a roll-forward of the allowance for credit losses recognized for fixed maturity securities held by Global Atlantic: Three Months Ended September 30, 2024 Nine Months Ended September 30, 2024 Corporate Structured Total Corporate Structured Total Balance, as of Beginning of Period $ 64,610 $ 150,604 $ 215,214 $ 49,008 $ 219,704 $ 268,712 Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance 19,132 292 19,424 41,475 1,552 43,027 Accretion of Initial Credit Loss Allowance on PCD Securities — 125 125 — 440 440 Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance (38) (3,145) (3,183) (278) (11,972) (12,250) Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance 105 39,666 39,771 17,233 (9,805) 7,428 Balances Charged Off (22,840) — (22,840) (46,469) (12,377) (58,846) Balance, as of End of Period $ 60,969 $ 187,542 $ 248,511 $ 60,969 $ 187,542 $ 248,511 Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 Corporate Structured Total Corporate Structured Total Balance, as of beginning of period $ 22,951 $ 206,347 $ 229,298 $ 1,298 $ 127,034 $ 128,332 Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance 111 6,325 6,436 20,848 53,333 74,181 Accretion of Initial Credit Loss Allowance on PCD Securities — 237 237 — 924 924 Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance (584) (3,836) (4,420) (584) (10,497) (11,081) Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance (4,038) (27,314) (31,352) (3,122) 10,965 7,843 Balance, as of End of Period $ 18,440 $ 181,759 $ 200,199 $ 18,440 $ 181,759 $ 200,199 Mortgage and other loan receivables Changes in the allowance for credit losses on mortgage and other loan receivables held by Global Atlantic are summarized below: Three Months Ended September 30, 2024 Nine Months Ended September 30, 2024 Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Balance, as of Beginning of Period $ 308,367 $ 90,234 $ 202,655 $ 601,256 $ 319,631 $ 107,204 $ 175,608 $ 602,443 Net Provision (Release) 64,482 8,263 19,548 92,293 151,822 (5,925) 117,852 263,749 Charge-offs (44,487) (2,334) (34,932) (81,753) (143,091) (5,116) (117,496) (265,703) Recoveries of Amounts Previously Charged-off 3,564 — 5,884 9,448 3,564 — 17,191 20,755 Balance, as of End of Period $ 331,926 $ 96,163 $ 193,155 $ 621,244 $ 331,926 $ 96,163 $ 193,155 $ 621,244 Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Balance, as of Beginning of Period $ 239,866 $ 139,936 $ 198,247 $ 578,049 $ 227,315 $ 125,824 $ 207,089 $ 560,228 Net Provision (Release) 21,725 (14,663) 22,762 29,824 48,276 2,871 73,368 124,515 Charge-offs — (2,648) (41,520) (44,168) (14,000) (6,070) (111,468) (131,538) Recoveries of Amounts Previously Charged-off — — 5,334 5,334 — — 15,834 15,834 Balance, as of End of Period $ 261,591 $ 122,625 $ 184,823 $ 569,039 $ 261,591 $ 122,625 $ 184,823 $ 569,039 Proceeds and gross gains and losses from voluntary sales The proceeds from voluntary sales and the gross gains and losses on those sales of available-for-sale ("AFS") fixed maturity securities were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 AFS Fixed Maturity Securities: Proceeds from Voluntary Sales $ 6,975,389 $ 1,180,675 $ 15,934,858 $ 4,316,003 Gross Gains $ 51,468 $ 15,152 $ 95,192 $ 45,717 Gross Losses $ (334,092) $ (27,499) $ (453,105) $ (108,355) The following reflects the reconciliation of the components of insurance intangibles to the total balance reported in the consolidated statements of financial condition as of September 30, 2024 and December 31, 2023: September 30, December 31, 2024 2023 Deferred Acquisition Costs, or "DAC" $ 1,577,789 $ 1,154,697 Value of Business Acquired 1,187,234 1,252,984 Cost-of-reinsurance Intangibles 2,327,885 2,043,143 Total Insurance Intangibles $ 5,092,908 $ 4,450,824 Deferred acquisition costs The following tables reflect the deferred acquisition costs roll-forward by product category for the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Other Total Balance, as of the Beginning of the Period $ 373,863 $ 481,970 $ 132,079 $ 166,785 $ 1,154,697 Capitalizations 178,589 292,109 6,266 112,252 589,216 Amortization Expense (78,606) (67,183) (6,486) (13,849) (166,124) Balance, as of the End of the Period $ 473,846 $ 706,896 $ 131,859 $ 265,188 $ 1,577,789 Nine Months Ended September 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Other Total Balance, as of the Beginning of the Period $ 221,679 $ 367,813 $ 116,021 $ 115,457 $ 820,970 Capitalizations 134,484 129,891 21,601 52,379 338,355 Amortization Expense (45,989) (43,608) (5,357) (10,985) (105,939) Balance, as of the End of the Period $ 310,174 $ 454,096 $ 132,265 $ 156,851 $ 1,053,386 Value of business acquired The following tables reflect the value of business acquired, or “VOBA” asset roll-forward by product category for the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 44,922 $ 621,372 $ 262,942 $ 245,042 $ 78,706 $ 1,252,984 Amortization Expense (2,784) (32,223) (10,212) (15,491) (5,040) (65,750) Balance, as of the End of the Period $ 42,138 $ 589,149 $ 252,730 $ 229,551 $ 73,666 $ 1,187,234 Nine Months Ended September 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 48,762 $ 663,296 $ 276,795 $ 241,778 $ 85,898 $ 1,316,529 Amortization Expense (2,893) (31,020) (10,338) (18,414) (5,448) (68,113) Balance, as of the End of the Period $ 45,869 $ 632,276 $ 266,457 $ 223,364 $ 80,450 $ 1,248,416 The following tables reflect the negative value of business acquired, or “negative VOBA” liability roll-forward by product category for the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 65,966 $ 106,538 $ 421,213 $ 91,295 $ 182,920 $ 867,932 Amortization Expense (17,221) (24,518) (22,349) (4,622) (10,053) (78,763) Balance, as of the End of the Period $ 48,745 $ 82,020 $ 398,864 $ 86,673 $ 172,867 $ 789,169 Nine Months Ended September 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 98,342 $ 145,610 $ 461,592 $ 99,776 $ 198,804 $ 1,004,124 Amortization Expense (24,725) (29,519) (26,634) (6,897) (12,420) (100,195) Balance, as of the End of the Period $ 73,617 $ 116,091 $ 434,958 $ 92,879 $ 186,384 $ 903,929 Unearned revenue reserves and unearned front-end loads Nine Months Ended September 30, 2024 2023 Preneed Balance, as of the Beginning of the Period $ 178,053 $ 118,186 Deferral 52,210 54,636 Amortized to Income during the Period (12,010) (8,480) Balance, as of the End of the Period $ 218,253 $ 164,342 Significant inputs, judgments, assumptions for DAC and related amortization amounts Global Atlantic considers surrender rates, mortality rates, and other relevant policy decrements in determining the expected life of the contract. As a part of Global Atlantic's actual experience update for the nine months ended September 30, 2024, Global Atlantic concluded that there was no material change in relevant inputs, judgments, or assumptions requiring an update of the amortization rate for DAC and related amortization amounts. For the nine months ended September 30, 2023, Global Atlantic updated mortality and surrender rates. These updates reduced the amortization rate for DAC and related amortization amounts by $1.1 million per quarter.

INVESTMENTS

INVESTMENTS	9 Months Ended
	Sep. 30, 2024
Investments [Abstract]
INVESTMENTS	INVESTMENTS Investments consist of the following: September 30, 2024 December 31, 2023 Asset Management and Strategic Holdings Private Equity $ 34,408,460 $ 32,742,484 Credit 7,576,289 8,274,904 Investments of Consolidated CFEs 25,862,833 24,996,298 Real Assets 13,215,039 12,000,008 Equity Method - Other 8,297,044 8,163,831 Equity Method - Capital Allocation-Based Income 9,923,819 7,877,904 Other Investments 5,018,110 4,579,372 Investments - Asset Management and Strategic Holdings $ 104,301,594 $ 98,634,801 Insurance Fixed Maturity Securities, Available-for-sale, at Fair Value (1) $ 77,596,235 $ 69,414,188 Mortgage and Other loan Receivables 51,671,539 39,177,927 Fixed Maturity Securities, Trading, at Fair Value (2) 24,152,244 18,805,470 Other Investments 14,597,929 9,683,326 Funds Withheld Receivable at Interest 2,554,196 2,713,645 Policy Loans 1,610,448 1,556,030 Equity Securities at Fair Value 194,517 19,737 Investments - Insurance $ 172,377,108 $ 141,370,323 Total Investments $ 276,678,702 $ 240,005,124 (1) Amortized cost of $84.8 billion and $78.7 billion, net of credit loss allowances of $248.5 million and $268.7 million, respectively. (2) Amortized cost of $25.4 billion and $20.5 billion, respectively. Trading fixed maturity securities are held to back funds withheld payable at interest. The investment performance on these investments is ceded to third-party reinsurers. As of September 30, 2024 and December 31, 2023, there were no investments which represented greater than 5% of total investments. Fixed maturity securities The cost or amortized cost and fair value for AFS fixed maturity securities were as follows: Cost or Amortized Cost Allowance for Credit Losses (1)(2) Gross Unrealized Fair Value As of September 30, 2024 Gains Losses AFS Fixed Maturity Securities Portfolio by Type: U.S. Government and Agencies $ 2,688,473 $ — $ 83,209 $ (68,842) $ 2,702,840 U.S. State, Municipal and Political Subdivisions 4,964,066 — 19,998 (836,307) 4,147,757 Corporate 47,673,807 (60,969) 434,723 (5,640,948) 42,406,613 Residential Mortgage-backed Securities, or “RMBS” 11,364,665 (119,582) 102,507 (532,564) 10,815,026 Commercial Mortgage-backed Securities, or “CMBS” 8,350,055 (48,661) 26,467 (428,662) 7,899,199 Collateralized Bond Obligations, or “CBOs” 2,627,101 (1,133) — (68,669) 2,557,299 CLOs 4,082,054 (8,704) 20,339 (22,647) 4,071,042 Asset-Backed Securities, or “ABSs” 3,065,839 (9,462) 29,624 (89,542) 2,996,459 Total AFS Fixed Maturity Securities $ 84,816,060 $ (248,511) $ 716,867 $ (7,688,181) $ 77,596,235 (1) Represents the cumulative amount of credit impairments that have been recognized in the consolidated statements of operations (as net investment (losses) gains) or that were recognized as a gross-up of the purchase price of PCD securities. Amount excludes unrealized losses related to non-credit impairment. (2) Includes credit loss allowances on purchase-credit deteriorated fixed-maturity securities of $(8.0) million. Cost or Amortized Cost Allowance for Credit Losses (1)(2) Gross Unrealized Fair Value As of December 31, 2023 Gains Losses AFS Fixed Maturity Securities Portfolio by Type: U.S. Government and Agencies $ 1,209,507 $ — $ 62,514 $ (68,929) $ 1,203,092 U.S. State, Municipal and Political Subdivisions 5,562,826 — 29,699 (985,133) 4,607,392 Corporate 46,378,337 (49,008) 211,570 (6,592,143) 39,948,756 RMBS 8,734,629 (152,067) 38,206 (674,550) 7,946,218 CMBS 7,491,743 (35,953) 4,195 (731,358) 6,728,627 CBOs 2,951,511 (1,214) — (143,818) 2,806,479 CLOs 3,493,731 (19,077) 6,483 (52,365) 3,428,772 ABSs 2,901,573 (11,393) 14,358 (159,686) 2,744,852 Total AFS Fixed Maturity Securities $ 78,723,857 $ (268,712) $ 367,025 $ (9,407,982) $ 69,414,188 (1) Represents the cumulative amount of credit impairments that have been recognized in the consolidated statements of operations (as net investment (losses) gains) or that were recognized as a gross-up of the purchase price of PCD securities. Amount excludes unrealized losses related to non-credit impairment. (2) Includes credit loss allowances on purchase-credit deteriorated fixed-maturity securities of $(12.8) million. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties, or Global Atlantic may have the right to put or sell the obligations back to the issuers. Structured securities are shown separately as they have periodic payments and are not due at a single maturity. The maturity distribution for AFS fixed maturity securities is as follows: As of September 30, 2024 Cost or Fair Value Due in One Year or Less $ 1,484,829 $ 1,471,191 Due After One Year Through Five Years 13,228,006 13,129,199 Due After Five Years Through Ten Years 8,101,805 7,882,628 Due After Ten Years 32,450,737 26,774,192 Subtotal 55,265,377 49,257,210 RMBS 11,245,083 10,815,026 CMBS 8,301,394 7,899,199 CBOs 2,625,968 2,557,299 CLOs 4,073,350 4,071,042 ABSs 3,056,377 2,996,459 Total AFS Fixed Maturity Securities $ 84,567,549 $ 77,596,235 Securities in a continuous unrealized loss position The following tables provide information about AFS fixed maturity securities that have been continuously in an unrealized loss position: Less Than 12 months 12 months or More Total As of September 30, 2024 Fair Unrealized Losses Fair Unrealized Losses Fair Unrealized Losses AFS Fixed Maturity Securities Portfolio by Type: U.S. Government and Agencies $ 280,737 $ (6,861) $ 219,387 $ (61,981) $ 500,124 $ (68,842) U.S. State, Municipal and Political Subdivisions 30,826 (885) 3,648,599 (835,422) 3,679,425 (836,307) Corporate 3,615,097 (149,370) 21,044,515 (5,491,578) 24,659,612 (5,640,948) RMBS 1,105,274 (29,841) 4,136,740 (502,723) 5,242,014 (532,564) CMBS 813,484 (5,241) 4,782,526 (423,421) 5,596,010 (428,662) CBOs 1,181 (8) 2,556,117 (68,661) 2,557,298 (68,669) CLOs 162,512 (536) 354,552 (22,111) 517,064 (22,647) ABSs 221,232 (3,438) 1,497,399 (86,104) 1,718,631 (89,542) Total AFS Fixed Maturity Securities in a Continuous Loss Position $ 6,230,343 $ (196,180) $ 38,239,835 $ (7,492,001) $ 44,470,178 $ (7,688,181) Less Than 12 months 12 months or More Total As of December 31, 2023 Fair Unrealized Losses Fair Unrealized Losses Fair Unrealized Losses AFS Fixed Maturity Securities Portfolio by Type: U.S. Government and Agencies $ 94,807 $ (2,512) $ 198,750 $ (66,417) $ 293,557 $ (68,929) U.S. State, Municipal and Political Subdivisions 112,468 (4,140) 3,829,447 (980,993) 3,941,915 (985,133) Corporate 4,360,234 (189,026) 27,108,292 (6,403,117) 31,468,526 (6,592,143) RMBS 1,371,230 (66,550) 4,354,902 (608,000) 5,726,132 (674,550) CMBS 332,095 (4,535) 6,031,766 (726,823) 6,363,861 (731,358) CBOs 1,867 (118) 2,804,612 (143,700) 2,806,479 (143,818) CLOs 246,728 (868) 1,679,813 (51,497) 1,926,541 (52,365) ABSs 553,438 (15,760) 1,742,373 (143,926) 2,295,811 (159,686) Total AFS Fixed Maturity Securities in a Continuous Loss Position $ 7,072,867 $ (283,509) $ 47,749,955 $ (9,124,473) $ 54,822,822 $ (9,407,982) Unrealized gains and losses can be created by changing interest rates or several other factors, including changing credit spreads. Global Atlantic had gross unrealized losses on below investment grade AFS fixed maturity securities of $567.5 million and $694.6 million as of September 30, 2024 and December 31, 2023, respectively. The single largest unrealized loss on AFS fixed maturity securities was $46.6 million and $53.4 million as of September 30, 2024 and December 31, 2023, respectively. Global Atlantic had 4,792 and 5,886 securities in an unrealized loss position as of September 30, 2024 and December 31, 2023, respectively. As of September 30, 2024, AFS fixed maturity securities in an unrealized loss position for 12 months or more consisted of 4,142 debt securities. These debt securities primarily relate to Corporate, RMBS, and U.S. state, municipal and political subdivisions fixed maturity securities, which have depressed values due primarily to an increase in interest rates since the purchase of these securities. Unrealized losses were not recognized in net income on these debt securities since Global Atlantic neither intends to sell the securities nor does it believe that it is more likely than not that it will be required to sell these securities before recovery of their cost or amortized cost basis. For securities with significant declines in value, individual security level analysis was performed utilizing underlying collateral default expectations, market data and industry analyst reports. Mortgage and other loan receivables Mortgage and other loan receivables consist of the following: September 30, 2024 December 31, 2023 Commercial Mortgage Loans (1) $ 24,892,488 $ 21,861,245 Residential Mortgage Loans (1) 21,166,505 12,722,778 Consumer Loans 4,808,296 4,424,882 Other Loan Receivables (2) 1,425,494 771,465 Total Mortgage and Other Loan Receivables 52,292,783 39,780,370 Allowance for Credit Losses (3) (621,244) (602,443) Total Mortgage and Other Loan Receivables, Net of Allowance for Credit Losses $ 51,671,539 $ 39,177,927 (1) Includes $596.4 million and $697.4 million of loans carried at fair value using the fair value option as of September 30, 2024 and December 31, 2023, respectively. The fair value option was elected for these loans for asset-liability matching purposes. These loans had unpaid principal balances of $665.1 million and $785.2 million as of September 30, 2024 and December 31, 2023, respectively. (2) As of September 30, 2024, other loan receivables consisted primarily of renewable energy development loans, warehouse facility loans backed by agricultural mortgages, loans collateralized by aircraft and loans collateralized by residential mortgages of $501.8 million, $411.6 million, $306.4 million and $200.0 million, respectively. As of December 31, 2023, other loan receivables consisted primarily of loans collateralized by aircraft and loans collateralized by residential mortgages of $315.4 million and $200.0 million, respectively. (3) Includes credit loss allowances on purchase-credit deteriorated mortgage and other loan receivables of $(70.9) million and $(91.7) million as of September 30, 2024 and December 31, 2023, respectively. The maturity distribution for residential and commercial mortgage loans was as follows as of September 30, 2024: Years Residential Commercial Total Mortgage Loans Remainder of 2024 $ 30,659 $ 924,578 $ 955,237 2025 13,247 4,163,869 4,177,116 2026 641,891 7,228,224 7,870,115 2027 694,995 5,972,908 6,667,903 2028 127,673 1,651,147 1,778,820 2029 11,855 1,456,911 1,468,766 Thereafter 19,646,185 3,494,851 23,141,036 Total $ 21,166,505 $ 24,892,488 $ 46,058,993 Actual maturities could differ from contractual maturities because borrowers may have the right to prepay (with or without prepayment penalties) and loans may be refinanced. Global Atlantic diversifies its mortgage loan portfolio by both geographic region and property type to reduce concentration risk. The following tables present the mortgage loans by geographic region and property type: Mortgage Loans – Carrying Value by Geographic Region September 30, 2024 December 31, 2023 South Atlantic $ 12,745,571 27.7 % $ 9,653,955 27.9 % Pacific 11,694,902 25.4 % 8,649,256 25.0 % Middle Atlantic 5,521,793 12.0 % 4,436,129 12.8 % West South Central 5,394,194 11.7 % 4,202,501 12.2 % Mountain 4,143,364 9.0 % 3,262,801 9.4 % New England 1,635,089 3.5 % 1,470,741 4.3 % East North Central 1,512,154 3.3 % 1,166,460 3.4 % East South Central 976,295 2.1 % 731,053 2.1 % West North Central 466,544 1.0 % 358,609 1.0 % Foreign and other regions 1,969,087 4.3 % 652,518 1.9 % Total by Geographic Region $ 46,058,993 100.0 % $ 34,584,023 100.0 % Mortgage Loans – Carrying Value by Property Type September 30, 2024 December 31, 2023 Residential $ 21,166,505 46.0 % $ 12,722,778 36.8 % Multi-family 12,816,018 27.8 % 11,495,638 33.2 % Industrial 5,995,547 13.0 % 4,415,819 12.8 % Office Building 4,362,688 9.5 % 4,586,277 13.3 % Other Property Types 904,038 2.0 % 578,799 1.7 % Retail 471,538 1.0 % 493,596 1.4 % Warehouse 342,659 0.7 % 291,116 0.8 % Total by Property Type $ 46,058,993 100.0 % $ 34,584,023 100.0 % As of September 30, 2024 and December 31, 2023, Global Atlantic had $368.8 million and $510.9 million of mortgage loans that were 90 days or more past due or are in the process of foreclosure, respectively, and have been classified as non-income producing (non-accrual status). Global Atlantic ceases accrual of interest on loans that are more than 90 days past due or are in the process of foreclosure and recognizes income as cash is received. Credit quality indicators Mortgage and loan receivable performance status The following table represents the portfolio of mortgage and loan receivables by origination year and performance status as of September 30, 2024 and December 31, 2023: By Year of Origination Performance Status as of September 30, 2024 2024 2023 2022 2021 2020 Prior Total Commercial Mortgage Loans Gross Charge-offs for the Nine Months Ended September 30, 2024 $ — $ — $ — $ (80,798) $ (10,695) $ (51,598) $ (143,091) Current $ 3,785,908 $ 3,577,384 $ 6,277,362 $ 6,427,647 $ 621,858 $ 4,000,782 $ 24,690,941 30 to 59 Days Past Due — — — — — — — 60 to 89 Days Past Due — — — — — 62,586 62,586 90 days or More Past Due or in Process of Foreclosure — — — 138,961 — — 138,961 Total Commercial Mortgage Loans $ 3,785,908 $ 3,577,384 $ 6,277,362 $ 6,566,608 $ 621,858 $ 4,063,368 $ 24,892,488 Residential Mortgage Loans Gross Charge-offs for the Nine Months Ended September 30, 2024 $ (15) $ (7) $ (1,308) $ (2,565) $ (524) $ (697) $ (5,116) Current $ 7,450,608 $ 4,245,179 $ 1,907,434 $ 4,191,686 $ 1,255,271 $ 1,569,854 $ 20,620,032 30 to 59 Days Past Due 39,953 54,281 36,798 33,144 4,314 79,418 247,908 60 to 89 Days Past Due 10,834 15,298 6,204 8,513 1,238 26,644 68,731 90 days or More Past Due or in Process of Foreclosure 2,735 23,749 21,575 60,998 7,854 112,923 229,834 Total Residential Mortgage Loans $ 7,504,130 $ 4,338,507 $ 1,972,011 $ 4,294,341 $ 1,268,677 $ 1,788,839 $ 21,166,505 Consumer Loans Gross Charge-offs for the Nine Months Ended September 30, 2024 $ (421) $ (4,128) $ (17,095) $ (57,920) $ (15,160) $ (22,582) $ (117,306) Current $ 549,810 $ 505,671 $ 481,100 $ 1,469,991 $ 598,206 $ 1,101,452 $ 4,706,230 30 to 59 Days Past Due 449 2,436 5,072 23,537 4,145 15,623 51,262 60 to 89 Days Past Due 98 1,089 2,267 11,435 2,105 8,147 25,141 90 days or More Past Due or in Process of Foreclosure 172 2,282 3,067 10,022 2,899 7,221 25,663 Total Consumer Loans $ 550,529 $ 511,478 $ 491,506 $ 1,514,985 $ 607,355 $ 1,132,443 $ 4,808,296 Total Mortgage and Consumer Loan Receivables $ 11,840,567 $ 8,427,369 $ 8,740,879 $ 12,375,934 $ 2,497,890 $ 6,984,650 $ 50,867,289 By Year of Origination Performance Status as of December 31, 2023 2023 2022 2021 2020 2019 Prior Total Commercial Mortgage Loans Gross Charge-offs for the Year Ended December 31, 2023 $ — $ — $ — $ — $ (14,000) $ (7,616) $ (21,616) Current $ 3,600,652 $ 6,278,419 $ 6,633,293 $ 624,457 $ 1,395,717 $ 2,969,381 $ 21,501,919 30 to 59 Days Past Due — — — — — — — 60 to 89 Days Past Due — — — — — 79,635 79,635 90 days or More Past Due or in Process of Foreclosure — — 182,069 36,859 — 60,763 279,691 Total Commercial Mortgage Loans $ 3,600,652 $ 6,278,419 $ 6,815,362 $ 661,316 $ 1,395,717 $ 3,109,779 $ 21,861,245 Residential Mortgage Loans Gross Charge-offs for the Year Ended December 31, 2023 $ (6) $ (1,228) $ (2,244) $ (913) $ (1,412) $ (2,373) $ (8,176) Current $ 2,794,600 $ 1,981,373 $ 4,518,357 $ 1,358,200 $ 221,566 $ 1,365,231 $ 12,239,327 30 to 59 Days Past Due 43,432 22,291 37,082 3,554 5,461 84,079 195,899 60 to 89 Days Past Due 8,467 8,520 9,991 1,437 1,389 26,565 56,369 90 days or More Past Due or in Process of Foreclosure 2,518 19,326 72,753 12,048 9,265 115,273 231,183 Total Residential Mortgage Loans $ 2,849,017 $ 2,031,510 $ 4,638,183 $ 1,375,239 $ 237,681 $ 1,591,148 $ 12,722,778 Consumer Loans Gross Charge-offs for the Year Ended December 31, 2023 $ (185) $ (18,117) $ (83,147) $ (23,273) $ (15,740) $ (19,783) $ (160,245) Current $ 109,393 $ 497,113 $ 1,726,280 $ 701,655 $ 610,988 $ 656,270 $ 4,301,699 30 to 59 Days Past Due 1,707 4,229 28,966 5,082 4,497 12,686 57,167 60 to 89 Days Past Due 1,193 2,548 14,872 3,298 2,561 6,756 31,228 90 days or More Past Due or in Process of Foreclosure 2,597 3,991 13,461 4,281 3,907 6,551 34,788 Total Consumer Loans $ 114,890 $ 507,881 $ 1,783,579 $ 714,316 $ 621,953 $ 682,263 $ 4,424,882 Total Mortgage and Consumer Loan Receivables $ 6,564,559 $ 8,817,810 $ 13,237,124 $ 2,750,871 $ 2,255,351 $ 5,383,190 $ 39,008,905 Loan-to-value ratio on mortgage loans The loan-to-value ratio is expressed as a percentage of the current amount of the loan relative to the value of the underlying collateral. The following table summarizes Global Atlantic's loan-to-value ratios for its commercial mortgage loans as of September 30, 2024 and December 31, 2023: Loan-to-value as of September 30, 2024, by Year of Origination Carrying Value Loan-to-value 70% and Less Carrying Value Loan-to-value 71% - 90% Carrying Value Loan-to-value Over 90% Total Carrying Value 2024 $ 3,587,487 $ 198,421 $ — $ 3,785,908 2023 3,577,384 — — 3,577,384 2022 5,853,372 365,940 58,050 6,277,362 2021 4,732,051 1,552,684 281,873 6,566,608 2020 494,698 91,956 35,204 621,858 2019 1,166,505 54,667 38,696 1,259,868 Prior 2,605,402 53,654 144,444 2,803,500 Total Commercial Mortgage Loans $ 22,016,899 $ 2,317,322 $ 558,267 $ 24,892,488 Loan-to-value as of December 31, 2023, by Year of Origination Carrying Value Loan-to-value 70% and Less Carrying Value Loan-to-value 71% - 90% Carrying Value Loan-to-value Over 90% Total Carrying Value 2023 $ 3,600,652 $ — $ — $ 3,600,652 2022 5,912,623 365,796 — 6,278,419 2021 5,110,011 1,483,763 221,588 6,815,362 2020 496,085 93,210 72,021 661,316 2019 1,257,983 93,661 44,073 1,395,717 2018 881,620 52,640 114,989 1,049,249 Prior 1,991,780 — 68,750 2,060,530 Total Commercial Mortgage Loans $ 19,250,754 $ 2,089,070 $ 521,421 $ 21,861,245 Changing economic conditions and updated assumptions affect Global Atlantic's assessment of the collectibility of commercial mortgage loans. Changing vacancies and rents are incorporated into the analysis that Global Atlantic performs to measure the allowance for credit losses. In addition, Global Atlantic continuously monitors its commercial mortgage loan portfolio to identify risk. Areas of emphasis are properties that have exposure to specific geographic events or have deteriorating credit. The weighted average loan-to-value ratio for Global Atlantic's residential mortgage loans was 65% and 63% as of September 30, 2024 and December 31, 2023, respectively. Loan modifications Global Atlantic may modify the terms of a loan when the borrower is experiencing financial difficulties, as a means to optimize recovery of amounts due on the loan. Modifications may involve temporary relief, such as payment forbearance for a short period time (where interest continues to accrue) or may involve more substantive changes to a loan. Changes to the terms of a loan, pursuant to a modification agreement, are factored into the analysis of the loan’s expected credit losses, under the allowance model applicable to the loan. For commercial mortgage loans, modifications for borrowers experiencing financial difficulty are tailored for individual loans and may include interest rate relief, maturity extensions or, less frequently, principal forgiveness. For both residential mortgage loans and consumer loans, the most common modifications for borrowers experiencing financial difficulty, aside from insignificant delays in payment, typically involve deferral of missed payments to the end of the loan term, interest rate relief, or maturity extensions. The tables below present the carrying value of loans to borrowers experiencing financial difficulty, for which modifications have been granted during the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 by Loan Type Deferral of Amounts Due Interest Rate Relief Maturity Extension Combination (1) Total Percentage of Total Carrying Value Outstanding Commercial Mortgage Loans $ — $ — $ — $ 184,085 $ 184,085 0.74 % Residential Mortgage Loans (2) 4,061 — — 10,909 14,970 0.07 % Consumer Loans 2,161 778 27,268 45,525 75,732 1.58 % Total $ 6,222 $ 778 $ 27,268 $ 240,519 $ 274,787 (1) Includes modifications involving a combination of deferral of amounts due, interest rate relief, or maturity extension. (2) Certain loans that were modified in prior periods have since been repaid in full. Nine Months Ended September 30, 2023 by Loan Type Deferral of Amounts Due Interest Rate Relief Maturity Extension Combination (1) Total Percentage of Total Carrying Value Outstanding Commercial Mortgage Loans $ — $ — $ — $ 224,761 $ 224,761 1.10 % Residential Mortgage Loans (2) 1,161 1,204 22,764 3,206 28,335 0.24 % Consumer Loans 5,995 2,598 44,811 14,128 67,532 1.46 % Total $ 7,156 $ 3,802 $ 67,575 $ 242,095 $ 320,628 (1) Includes modifications involving a combination of deferral of amounts due, interest rate relief, or maturity extension. (2) Certain loans that were modified in the prior periods have since been repaid in full. All of the commercial mortgage loans that had a combination of modifications had both interest rate relief and maturity extensions. For these loans, the interest rate relief generally involved either a change from a floating rate or a decrease in fixed rate to a weighted average rate of 4.7% and 3.4%, for the nine months ended September 30, 2024 and 2023, respectively. The maturity extensions for these loans added a weighted-average of 3.7 years and 2.9 years to the life of the loans, for the nine months ended September 30, 2024 and 2023, respectively. As of September 30, 2024, Global Atlantic has commitments to lend additional funds of $9.3 million for the modified commercial mortgage loans disclosed above. The table below presents the performance status of the loans modified during the twelve months ended September 30, 2024: Performance Status as of September 30, 2024 by Loan Type Current 30-59 Days Past Due 60-89 Days Past Due 90 days or More Past Due or in Process of Foreclosure Total Commercial Mortgage Loans $ 438,749 $ — $ — $ — $ 438,749 Residential Mortgage Loans 16,253 1,938 322 1,573 20,086 Consumer Loans 65,188 13,340 5,616 2,795 86,939 Total (1) $ 520,190 $ 15,278 $ 5,938 $ 4,368 $ 545,774 (1) Loans may have been modified more than once during the twelve months period; in this circumstance, the loan is only included once in this table. In addition, certain loans that were modified in prior quarters have since been repaid in full. Other investments Other investments consist of the following: September 30, 2024 December 31, 2023 Investments in Real Estate (1) $ 7,923,039 $ 4,778,431 Investments in Transportation and Other Leased Assets (2) 3,083,593 2,972,469 Other Investment Funds and Partnerships 1,875,370 179,469 Investments in Renewable Energy (3) 1,331,910 1,348,080 Federal Home Loan Bank (FHLB), Common Stock and Other Investments 384,017 404,877 Total Other Investments $ 14,597,929 $ 9,683,326 (1) Primarily comprised of investments in real estate that are held in consolidated investment companies that use fair value accounting. (2) Net of accumulated depreciation of $402.2 million and $313.6 million as of September 30, 2024 and December 31, 2023, respectively. (3) Net of accumulated depreciation attributed to consolidated renewable energy assets of $182.2 million and $154.1 million as of September 30, 2024 and December 31, 2023, respectively. The total amount of other investments accounted for using the equity method of accounting was $1.6 billion and $143.3 million as of September 30, 2024 and December 31, 2023, respectively. Global Atlantic's maximum exposure to loss related to these equity method investments is limited to the carrying value of these investments plus unfunded commitments of $196.8 million and $19.7 million as of September 30, 2024 and December 31, 2023, respectively. In addition, Global Atlantic has investments that would otherwise require the equity method of accounting for which the fair value option has been elected. The carrying amount of these investments was $466.4 million and $175.3 million as of September 30, 2024 and December 31, 2023, respectively. Repurchase agreement transactions As of September 30, 2024 and December 31, 2023, Global Atlantic participated in repurchase agreements with a notional value of $202.7 million and $1.4 billion, respectively. As collateral for these transactions, Global Atlantic typically posts AFS fixed maturity securities and residential mortgage loans, which are included in Insurance - Investments in the consolidated statements of financial condition. The gross obligation for repurchase agreements is reported in other liabilities in the consolidated statements of financial condition. The carrying value of assets pledged for repurchase agreements by type of collateral and remaining contractual maturity of the repurchase agreements as of September 30, 2024 and December 31, 2023 is presented in the following tables: As of September 30, 2024 Overnight <30 Days 30 - 90 Days > 90 Days Total AFS Corporate Securities $ — $ — $ — $ — $ — Residential Mortgage Loans — 2,374 80,199 128,063 210,636 Total Assets Pledged $ — $ 2,374 $ 80,199 $ 128,063 $ 210,636 As of December 31, 2023 Overnight <30 Days 30 - 90 Days > 90 Days Total AFS Corporate Securities $ — $ — $ 524,411 $ 849,368 $ 1,373,779 Residential Mortgage Loans — 39,289 — — 39,289 Total Assets Pledged $ — $ 39,289 $ 524,411 $ 849,368 $ 1,413,068 Other pledges and restrictions Certain Global Atlantic subsidiaries are members of regional banks in the FHLB system and such membership requires the members to own stock in these FHLBs. Global Atlantic owns an aggregate of $127.1 million and $131.7 million (accounted for at cost basis) of stock in FHLBs as of September 30, 2024 and December 31, 2023, respectively. In addition, Global Atlantic insurance company subsidiaries have entered into funding agreements with the FHLB, which require that Global Atlantic pledge eligible assets, such as fixed maturity securities and mortgage loans, as collateral. Assets pledged as collateral for these funding agreements had a carrying value of $3.9 billion and $3.6 billion as of September 30, 2024 and December 31, 2023, respectively. The capital stock of one of Global Atlantic’s equity method investments has been pledged as collateral security for the due payment and performance of the debt obligations of the investee. Global Atlantic’s investment subject to this pledge had a carrying value of $692.0 million as of September 30, 2024. Insurance – statutory deposits As of September 30, 2024 and December 31, 2023, the carrying value of the assets on deposit with various state and U.S. governmental authorities were $150.6 million and $148.5 million, respectively.

DERIVATIVES

DERIVATIVES	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVES	DERIVATIVES Asset Management and Strategic Holdings KKR and certain of its consolidated funds have entered into derivative transactions as part of its overall risk management for its investment strategies. These derivative contracts are not designated as hedging instruments for accounting purposes. Such contracts may include forward, swap and option contracts related to foreign currencies and interest rates to manage foreign exchange risk and interest rate risk arising from certain assets and liabilities. All derivatives are recognized in Other Assets or Accrued Expenses and Other Liabilities and are presented on a gross basis in the consolidated statements of financial condition and measured at fair value with changes in fair value recorded in Net Gains (Losses) from Investment Activities in the accompanying consolidated statements of operations. KKR's derivative financial instruments contain credit risk to the extent that its counterparties may be unable to meet the terms of the agreements. KKR attempts to reduce this risk by limiting its counterparties to major financial institutions with strong credit ratings. Insurance Global Atlantic holds derivative instruments that are primarily used in its hedge program. Global Atlantic has established a hedge program that seeks to mitigate economic impacts primarily from interest rate and equity price movements, while taking into consideration accounting and capital impacts. Global Atlantic hedges interest rate and equity market risks associated with its insurance liabilities including fixed-indexed annuities, indexed universal life policies, variable annuity policies and variable universal life policies, among others. For fixed-indexed annuities and indexed universal life policies, Global Atlantic generally seeks to use static hedges to offset the exposure primarily created by changes in its embedded derivative balances. Global Atlantic generally purchases options which replicate the crediting rate strategies, often in the form of call spreads. Call spreads are the purchase of a call option matched by the sale of a different call option. For variable annuities and variable universal life policies, Global Atlantic generally seeks to dynamically hedge its exposure to changes in the value of the guarantee it provides to policyholders. Doing so requires the active trading of several financial instruments to respond to changes in market conditions. In addition, Global Atlantic enters into inflation swaps to manage inflation risk associated with inflation-indexed preneed policies. In the context of specific reinsurance transactions in the institutional channel or acquisitions, Global Atlantic may also enter into hedges which are designed to limit short-term market risks to the economic value of the target assets. From time to time, Global Atlantic also enters into hedges designed to mitigate interest rate and credit risk in investment income, interest expense, and fair value of assets and liabilities. In addition, Global Atlantic enters into currency swaps and forwards to manage any foreign exchange rate risks that may arise from investments denominated in foreign currencies. Global Atlantic attempts to mitigate the risk of loss due to ineffectiveness under these derivative investments through a regular monitoring process which evaluates the program’s effectiveness. Global Atlantic monitors its derivative activities by reviewing portfolio activities and risk levels. Global Atlantic also oversees all derivative transactions to ensure that the types of transactions entered into and the results obtained from those transactions are consistent with both Global Atlantic's risk management strategy and its policies and procedures. The restricted cash which was held in connection with open derivative transactions with exchange brokers was $174.7 million and $133.0 million as of September 30, 2024 and December 31, 2023, respectively. Global Atlantic also has embedded derivatives related to reinsurance contracts that are accounted for on a modified coinsurance and funds withheld basis. An embedded derivative exists because the arrangement exposes the reinsurer to third-party credit risk. These embedded derivatives are included in funds withheld receivable and payable at interest in the consolidated statements of financial condition. Credit Risk Global Atlantic may be exposed to credit-related losses in the event of nonperformance by its counterparties to derivatives. Generally, the current credit exposure of Global Atlantic’s derivatives is limited to the positive fair value of derivatives less any collateral received from the counterparty. Global Atlantic manages the credit risk on its derivatives by entering into derivative transactions with highly rated financial institutions and other creditworthy counterparties and, where feasible, by trading through central clearing counterparties. Global Atlantic further manages its credit risk on derivatives via the use of master netting agreements, which require the daily posting of collateral by the party in a liability position. Counterparty credit exposure and collateral values are monitored regularly and measured against counterparty exposure limits. The provisions of derivative transactions may allow for the termination and settlement of a transaction if there is a downgrade to Global Atlantic’s financial strength ratings below a specified level. The fair value and notional value of the derivative assets and liabilities were as follows: As of September 30, 2024 Notional Derivative Derivative Asset Management and Strategic Holdings Foreign Exchange Contracts and Options $ 17,514,755 $ 180,689 $ 575,940 Other Derivatives 580,500 2,442 3,595 Total Asset Management and Strategic Holdings $ 18,095,255 $ 183,131 $ 579,535 Insurance Derivatives Designated as Hedge Accounting Instruments: Interest Rate Contracts $ 12,815,742 $ 53,742 $ 291,866 Foreign Currency Contracts 2,474,065 7,805 82,336 Total Derivatives Designated as Hedge Accounting Instruments $ 15,289,807 $ 61,547 $ 374,202 Derivatives Not Designated as Hedge Accounting Instruments: Equity Market Contracts $ 36,371,795 $ 2,035,779 $ 183,989 Interest Rate Contracts 29,981,843 248,933 258,875 Foreign Currency Contracts 2,795,486 80,328 154,179 Other Contracts 61,071 — 8,495 Total Derivatives Not Designated as Hedge Accounting Instruments $ 69,210,195 $ 2,365,040 $ 605,538 Impact of Netting (2) — (2,340,512) (788,114) Total Insurance (1) $ 84,500,002 $ 86,075 $ 191,626 Fair Value Included Within Total Assets and Liabilities $ 102,595,257 $ 269,206 $ 771,161 (1) Excludes embedded derivatives. The fair value of these embedded derivatives related to assets was $95.3 million and the fair value of these embedded derivatives related to liabilities was $4.2 billion as of September 30, 2024. (2) Represents netting of derivative exposures covered by qualifying master netting agreements. As of December 31, 2023 Notional Derivative Derivative Asset Management and Strategic Holdings Foreign Exchange Contracts and Options $ 15,771,463 $ 264,621 $ 441,608 Other Derivatives 374,604 4,792 2,382 Total Asset Management and Strategic Holdings $ 16,146,067 $ 269,413 $ 443,990 Insurance Derivatives Designated as Hedge Accounting Instruments: Interest Rate Contracts $ 7,320,500 $ — $ 372,212 Foreign Currency Contracts 2,302,335 24,278 73,478 Total Derivatives Designated as Hedge Accounting Instruments $ 9,622,835 $ 24,278 $ 445,690 Derivatives Not Designated as Hedge Accounting Instruments: Equity Market Contracts $ 35,203,206 $ 1,480,875 $ 248,127 Interest Rate Contracts 22,259,423 284,067 306,244 Foreign Currency Contracts 1,331,345 65,803 56,616 Other Contracts 60,000 — 600 Total Derivatives Not Designated as Hedge Accounting Instruments $ 58,853,974 $ 1,830,745 $ 611,587 Impact of Netting (2) — (1,809,329) (911,080) Total Insurance (1) $ 68,476,809 $ 45,694 $ 146,197 Fair Value Included Within Total Assets and Liabilities $ 84,622,876 $ 315,107 $ 590,187 (1) Excludes embedded derivatives. The fair value of these embedded derivatives related to assets was $88.7 million and the fair value of these embedded derivatives related to liabilities was $1.6 billion as of December 31, 2023. (2) Represents netting of derivative exposures covered by qualifying master netting agreements. Derivatives designated as accounting hedges Where Global Atlantic has derivative instruments that are designated and qualify as accounting hedges, these derivative instruments receive hedge accounting. Fair value hedges Global Atlantic has designated foreign exchange ("FX") derivative contracts, including forwards and swaps, to hedge the foreign currency risk associated with foreign currency-denominated bonds in fair value hedges. These foreign currency-denominated bonds are accounted for as AFS fixed maturity securities. Changes in the fair value of the hedged AFS fixed maturity securities due to changes in spot exchange rates are reclassified from AOCI to earnings, which offsets the earnings impact of the spot changes of the FX derivative contracts, both of which are recognized within investment-related (losses) gains. The effectiveness of these hedges is assessed using the spot method. Changes in the fair value of the FX derivative contracts related to changes in the spot-forward difference are excluded from the assessment of hedge effectiveness and are deferred in AOCI and recognized in earnings using a systematic and rational method over the life of the FX derivative contracts. Global Atlantic has designated interest rate swaps to hedge the interest rate risk associated with certain debt and policy liabilities. These fair value hedges qualify for the shortcut method of assessing hedge effectiveness. The following table presents the financial statement classification, carrying amount and cumulative fair value hedging adjustments for qualifying hedged assets and liabilities: As of September 30, 2024 As of December 31, 2023 Carrying Amount of Hedged Assets/(Liabilities) Cumulative Amount of Fair Value Hedging Adjustments Included in the Carrying Amount of Hedged Assets/(Liabilities) (1) Carrying Amount of Hedged Assets/(Liabilities) Cumulative Amount of Fair Value Hedging Adjustments Included in the Carrying Amount of Hedged Assets/(Liabilities) (1) AFS Fixed Maturity Securities (2) $ 2,249,047 $ 33,784 $ 2,324,364 $ 80,210 Debt (2,413,581) (98,292) (1,608,294) (165,817) Policy Liabilities (4,504,481) (154,561) (4,380,048) (255,308) (1) Includes $16.9 million and $27.8 million of hedging adjustments on discontinued hedging relationships as of September 30, 2024 and December 31, 2023 , respectively. (2) Carrying amount is the amortized cost for AFS debt securities. Cash flow hedges Global Atlantic has designated bond forwards to hedge the interest rate risk associated with the planned purchase of AFS debt securities in cash flow hedges. These arrangements are hedging purchases through December 2029 and are expected to affect earnings until 2054. Regression analysis is used to assess the effectiveness of these hedges. As of September 30, 2024 and December 31, 2023, there was a cumulative loss of $(109.1) million and $(126.9) million, respectively, on the currently designated bond forwards recorded in accumulated other comprehensive loss. Amounts deferred in accumulated other comprehensive loss are reclassified to net investment income following the qualifying purchases of AFS securities, as an adjustment to the yield earned over the life of the purchased securities, using the effective interest method. Global Atlantic has designated interest rate swaps to hedge the interest rate risk associated with floating rate investments, including AFS fixed maturity securities and commercial mortgage loans. Regression analysis is used to assess the effectiveness of these hedges. As of September 30, 2024, there was a cumulative gain (loss) of $12.1 million on the currently designated interest rate swaps recorded in accumulated other comprehensive loss. Amounts deferred in accumulated other comprehensive loss are reclassified to net investment income in the same period during which the hedged investments affect earnings. For all cash flow hedges, Global Atlantic estimates that the amount of gains/losses in accumulated other comprehensive loss to be reclassified into earnings in the next 12 months will not be material. Net investment hedges Global Atlantic has designated cross currency swaps to hedge the foreign currency risk associated with foreign currency-denominated equity method investments in net investment hedges. The effectiveness of these hedges is assessed based on changes in spot rates. Changes in the fair value of the swaps are recognized in other comprehensive income, consistent with the translation adjustment for the hedged investment. The component comprising the difference between forward rates and spot rates is amortized to net investment income over the life of the swaps. As of September 30, 2024, the cumulative foreign currency translation gain (loss) recorded in accumulated other comprehensive income related to net investment hedges was $(13.4) million. Derivative results The following table presents the financial statement classification and amount of gains (losses) recognized on derivative instruments and related hedged items, where applicable: Three Months Ended September 30, 2024 Net Gains (Losses) from Investment Activities Net Investment-Related Gains (Losses) Net Investment Income Net Policy Benefits and Claims Interest Expense Change in AOCI Derivatives Designated as Hedge Accounting Instruments: Fair Value Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments: Interest Rate Contracts $ — $ — $ — $ 55,641 $ 96,672 $ — Foreign Currency Contracts — (91,222) 683 — — 15,275 Total Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ (91,222) $ 683 $ 55,641 $ 96,672 $ 15,275 Gains (Losses) on Hedged Items: Interest Rate Contracts $ — $ — $ — $ (55,641) $ (96,672) $ — Foreign Currency Contracts — 88,474 — — — — Total Gains (Losses) on Hedged Items $ — $ 88,474 $ — $ (55,641) $ (96,672) $ — Amortization for Gains (Losses) Excluded from Assessment of Effectiveness: Foreign Currency Contracts $ — $ 1,321 $ — $ — $ — $ — Total Amortization for Gains (Losses) Excluded from Assessment of Effectiveness — 1,321 — — — — Total Gains (Losses) on Fair Value Hedges, Net of Hedged Items $ — $ (1,427) $ 683 $ — $ — $ 15,275 Cash Flow Hedges Interest Rate Contracts $ — $ 887 $ (3,215) $ — $ — $ 79,725 Total Gains (Losses) on Cash Flow Hedges $ — $ 887 $ (3,215) $ — $ — $ 79,725 Net Investment Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ (106) $ 405 $ — $ — $ (4,149) Total Gains (Losses) on Net Investment Hedges $ — $ (106) $ 405 $ — $ — $ (4,149) Derivatives Not Designated as Hedge Accounting Instruments: Asset Management and Strategic Holdings Foreign Exchange Contracts and Options $ (439,183) $ — $ — $ — $ — $ — Other Derivatives (19,357) — — — — — Total included in Net Gains (Losses) from Investment Activities $ (458,540) $ — $ — $ — $ — $ — Insurance Embedded Derivatives - Funds Withheld Receivable $ — $ (19,012) $ — $ — $ — $ — Embedded Derivatives - Funds Withheld Payable — (1,305,338) — — — — Equity Index Options — 231,926 — — — — Equity Future Contracts — (25,426) — — — — Interest Rate Contracts — 324,733 — — — — Foreign Exchange and Other Derivative Contracts — (83,770) — — — — Total Gains (Losses) on Derivatives Not Designated as Hedge Accounting Instruments from Insurance Activities $ — $ (876,887) $ — $ — $ — $ — Total $ (458,540) $ (877,533) $ (2,127) $ — $ — $ 90,851 Nine Months Ended September 30, 2024 Net Gains (Losses) from Investment Activities Net Investment-Related Gains (Losses) Net Investment Income Net Policy Benefits and Claims Interest Expense Change in AOCI Derivatives Designated as Hedge Accounting Instruments: Fair Value Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments: Interest Rate Contracts $ — $ — $ — $ (28,122) $ 14,469 $ — Foreign Currency Contracts — (34,237) 2,678 — — 8,857 Total Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ (34,237) $ 2,678 $ (28,122) $ 14,469 $ 8,857 Gains (Losses) on Hedged Items: Interest Rate Contracts $ — $ — $ — $ 28,122 $ (14,469) $ — Foreign Currency Contracts — 33,784 — — — — Total Gains (Losses) on Hedged Items $ — $ 33,784 $ — $ 28,122 $ (14,469) $ — Amortization for Gains (Losses) Excluded from Assessment of Effectiveness: Foreign Currency Contracts $ — $ 14,035 $ — $ — $ — $ — Total Amortization for Gains (Losses) Excluded from Assessment of Effectiveness — $ 14,035 $ — $ — $ — $ — Total Gains (Losses) on Fair Value Hedges, Net of Hedged Items $ — $ 13,582 $ 2,678 $ — $ — $ 8,857 Cash Flow Hedges Interest Rate Contracts $ — $ — $ (4,935) $ — $ — $ 29,971 Total Gains (Losses) on Cash Flow Hedges $ — $ — $ (4,935) $ — $ — $ 29,971 Net Investment Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ — $ 405 $ — $ — $ (13,402) Total Gains (Losses) on Net Investment Hedges $ — $ — $ 405 $ — $ — $ (13,402) Derivatives Not Designated as Hedge Accounting Instruments: Asset Management and Strategic Holdings Foreign Exchange Contracts and Options (165,930) $ — $ — $ — $ — $ — Other Derivatives (18,086) — — — — — Total included in Net Gains (Losses) from Investment Activities $ (184,016) $ — $ — $ — $ — $ — Insurance Embedded Derivatives - Funds Withheld Receivable $ — $ 6,592 $ — $ — $ — $ — Embedded Derivatives - Funds Withheld Payable — (852,165) — — — — Equity Index Options — 580,358 — — — — Equity Future Contracts — (96,312) — — — — Interest Rate Contracts — (42,280) — — — — Foreign Exchange and Other Derivative Contracts — (61,522) — — — — Total Gains (Losses) on Derivatives Not Designated as Hedge Accounting Instruments from Insurance Activities $ — $ (465,329) $ — $ — $ — $ — Total $ (184,016) $ (451,747) $ (1,852) $ — $ — $ 25,426 Three Months Ended September 30, 2023 Net Gains (Losses) from Investment Activities Net Investment-Related Gains (Losses) Net Investment Income Net Policy Benefits and Claims Interest Expense Change in AOCI Derivatives Designated as Hedge Accounting Instruments: Fair Value Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments: Interest Rate Contracts $ — $ — $ — $ (68,477) $ (57,764) $ — Foreign Currency Contracts — 70,209 — — — 318 Total Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ 70,209 $ — $ (68,477) $ (57,764) $ 318 Gains (Losses) on Hedged Items: Interest Rate Contracts $ — $ — $ — $ 68,477 $ 57,764 $ — Foreign Currency Contracts — (69,155) — — — — Total Gains (Losses) on Hedged Items $ — $ (69,155) $ — $ 68,477 $ 57,764 $ — Amortization for Gains (Losses) Excluded from Assessment of Effectiveness: Foreign Currency Contracts $ — $ 7,150 $ — $ — $ — $ — Total Amortization for Gains (Losses) Excluded from Assessment of Effectiveness $ — $ 7,150 $ — $ — $ — — Total Gains (Losses) on Fair Value Hedges, Net of Hedged Items $ — $ 8,204 $ — $ — $ — $ 318 Cash Flow Hedges Interest Rate Contracts $ — $ (279) $ — $ — $ — $ (160,607) Total Gains (Losses) on Cash Flow Hedges $ — $ (279) $ — $ — $ — $ (160,607) Derivatives Not Designated as Hedge Accounting Instruments: Asset Management and Strategic Holdings Foreign Exchange Contracts and Options $ 166,539 $ — $ — $ — $ — $ — Other Derivatives 11,416 — — — — — Total included in Net Gains (Losses) from Investment Activities $ 177,955 $ — $ — $ — $ — $ — Insurance Embedded Derivatives - Funds Withheld Receivable $ — $ 75,929 $ — $ — $ — $ — Embedded Derivatives - Funds Withheld Payable — 666,599 — — — — Equity Index Options — (191,382) — — — — Equity Future Contracts — 52,484 — — — — Interest Rate and Foreign Exchange Contracts — (297,107) — — — — Other — (68) — — — — Total Gains (Losses) on Derivatives Not Designated as Hedge Accounting Instruments from Insurance Activities $ — $ 306,455 $ — $ — $ — $ — Total $ 177,955 $ 314,380 $ — $ — $ — $ (160,289) Nine Months Ended September 30, 2023 Net Gains (Losses) from Investment Activities Net Investment-Related Gains (Losses) Net Investment Income Net Policy Benefits and Claims Interest Expense Change in AOCI Derivatives Designated as Hedge Accounting Instruments: Fair Value Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments: Interest Rate Contracts $ — $ — $ — $ (119,815) $ (78,152) $ — Foreign Currency Contracts — 15,309 — — — 3,201 Total Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ 15,309 $ — $ (119,815) $ (78,152) $ 3,201 Gains (Losses) on Hedged Items: Interest Rate Contracts $ — $ — $ — $ 119,815 $ 78,152 $ — Foreign Currency Contracts — (13,118) — — — — Total Gains (Losses) on Hedged Items $ — $ (13,118) $ — $ 119,815 $ 78,152 $ — Amortization for Gains (Losses) Excluded from Assessment of Effectiveness: Foreign Currency Contracts $ — $ 21,205 $ — $ — $ — $ — Total Amortization for Gains (Losses) Excluded from Assessment of Effectiveness $ — $ 21,205 $ — $ — $ — $ — Total Gains (Losses) on Fair Value Hedges, Net of Hedged Items $ — $ 23,396 $ — $ — $ — $ 3,201 Cash Flow Hedges Interest Rate Contracts $ — $ (816) $ — $ — $ — $ (123,389) Total Gains (Losses) on Cash Flow Hedges $ — $ (816) $ — $ — $ — $ (123,389) Derivatives Not Designated as Hedge Accounting Instruments: Asset Management and Strategic Holdings Foreign Exchange Contracts and Options $ 135,207 $ — $ — $ — $ — $ — Other Derivatives 31,275 — — — — — Total included in Net Gains (Losses) from Investment Activities $ 166,482 $ — $ — $ — $ — $ — Insurance Embedded Derivatives - Funds Withheld Receivable $ — $ 59,311 $ — $ — $ — $ — Embedded Derivatives - Funds Withheld Payable — 269,206 — — — — Equity Index Options — 123,107 — — — — Equity Future Contracts — (36,724) — — — — Interest Rate and Foreign Exchange Contracts — (392,876) — — — — Other (205) — — — — Total Gains (Losses) on Derivatives Not Designated as Hedge Accounting Instruments from Insurance Activities $ — $ 21,819 $ — $ — $ — $ — Total $ 166,482 $ 44,399 $ — $ — $ — $ (120,188) Collateral The amount of Global Atlantic's net derivative assets and liabilities after consideration of collateral received or pledged were as follows: As of September 30, 2024 Gross Amount Recognized Gross Amounts Offset in the Statements of Financial Position (1) Net Amounts Presented in the Statements of Financial Condition Collateral (Received) / Pledged Net Amount after Collateral Derivative Assets (Excluding Embedded Derivatives) $ 2,426,587 $ (2,340,512) $ 86,075 $ (128,902) $ (42,827) Derivative Liabilities (Excluding Embedded Derivatives) $ 979,740 $ (788,114) $ 191,626 $ 229,388 $ (37,762) (1) Represents netting of derivative exposures covered by qualifying master netting agreements. As of December 31, 2023 Gross Amount Recognized Gross Amounts Offset in the Statements of Financial Position (1) Net Amounts Presented in the Statements of Financial Condition Collateral (Received) / Pledged Net Amount after Collateral Derivative Assets (Excluding Embedded Derivatives) $ 1,855,023 $ (1,809,329) $ 45,694 $ (45,095) $ 599 Derivative Liabilities (Excluding Embedded Derivatives) $ 1,057,277 $ (911,080) $ 146,197 $ 167,973 $ (21,776) (1) Represents netting of derivative exposures covered by qualifying master netting agreements.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS The following tables summarize the valuation of assets and liabilities measured and reported at fair value by the fair value hierarchy. Investments classified as Equity Method - Other, for which the fair value option has not been elected, and Equity Method - Capital Allocation-Based Income have been excluded from the tables below. Assets, at fair value: September 30, 2024 Level I Level II Level III Total Asset Management and Strategic Holdings Private Equity $ 764,489 $ 665,306 $ 32,978,665 $ 34,408,460 Credit 355,948 2,562,148 4,658,193 7,576,289 Investments of Consolidated CFEs — 25,862,833 — 25,862,833 Real Assets 327,776 146,821 12,740,442 13,215,039 Equity Method - Other 195,341 281,216 1,425,236 1,901,793 Other Investments 171,023 41,751 4,805,336 5,018,110 Total Investments $ 1,814,577 $ 29,560,075 $ 56,607,872 $ 87,982,524 Foreign Exchange Contracts and Options — 180,689 — 180,689 Other Derivatives — 2,442 — 2,442 Total Assets at Fair Value - Asset Management and Strategic Holdings $ 1,814,577 $ 29,743,206 $ 56,607,872 $ 88,165,655 Insurance AFS Fixed Maturity Securities: U.S. Government and Agencies $ 167,809 $ 2,535,031 $ — $ 2,702,840 U.S. State, Municipal and Political Subdivisions — 4,147,757 — 4,147,757 Corporate — 33,364,539 9,042,074 42,406,613 Structured Securities — 26,097,694 2,241,331 28,339,025 Total AFS Fixed Maturity Securities $ 167,809 $ 66,145,021 $ 11,283,405 $ 77,596,235 Trading Fixed Maturity Securities: U.S. Government and Agencies $ 185,258 $ 3,067,928 $ — $ 3,253,186 U.S. State, Municipal and Political Subdivisions — 445,914 — 445,914 Corporate — 12,324,320 961,994 13,286,314 Structured Securities — 6,578,104 588,726 7,166,830 Total Trading Fixed Maturity Securities $ 185,258 $ 22,416,266 $ 1,550,720 $ 24,152,244 Equity Securities 178,744 — 15,773 194,517 Mortgage and Other Loan Receivables — — 596,375 596,375 Other Investments — — 8,105,824 (1) 8,105,824 Funds Withheld Receivable at Interest — — 95,253 95,253 Reinsurance Recoverable — — 955,341 955,341 Derivative Assets: Equity Market Contracts 2,165 2,033,614 — 2,035,779 Interest Rate Contracts 412 302,263 — 302,675 Foreign Currency Contracts — 88,133 — 88,133 Impact of Netting (2,509) (2,338,003) — (2) (2,340,512) Total Derivative Assets $ 68 $ 86,007 $ — $ 86,075 Separate Account Assets 4,134,173 — — 4,134,173 Total Assets at Fair Value - Insurance $ 4,666,052 $ 88,647,294 $ 22,602,691 $ 115,916,037 Total Assets at Fair Value $ 6,480,629 $ 118,390,500 $ 79,210,563 $ 204,081,692 December 31, 2023 Level I Level II Level III Total Asset Management and Strategic Holdings Private Equity $ 1,762,257 $ 58,653 $ 30,921,574 $ 32,742,484 Credit 281,626 2,540,362 5,452,916 8,274,904 Investments of Consolidated CFEs — 24,996,298 — 24,996,298 Real Assets 676,808 27,567 11,295,633 12,000,008 Equity Method - Other 418,791 326,835 1,537,962 2,283,588 Other Investments 218,151 95,453 4,265,768 4,579,372 Total Investments $ 3,357,633 $ 28,045,168 $ 53,473,853 $ 84,876,654 Foreign Exchange Contracts and Options — 264,621 — 264,621 Other Derivatives — 4,792 — 4,792 Total Assets at Fair Value - Asset Management and Strategic Holdings $ 3,357,633 $ 28,314,581 $ 53,473,853 $ 85,146,067 Insurance AFS Fixed Maturity Securities: U.S. Government and Agencies $ 1,082,421 $ 120,671 $ — $ 1,203,092 U.S. State, Municipal and Political Subdivisions — 4,607,392 — 4,607,392 Corporate — 31,377,753 8,571,003 39,948,756 Structured Securities — 21,824,948 1,830,000 23,654,948 Total AFS Fixed Maturity Securities $ 1,082,421 $ 57,930,764 $ 10,401,003 $ 69,414,188 Trading Fixed Maturity Securities: U.S. Government and Agencies $ 2,354,194 $ 163,919 $ — $ 2,518,113 U.S. State, Municipal and Political Subdivisions — 1,223,946 — 1,223,946 Corporate — 9,815,909 656,923 10,472,832 Structured Securities — 3,997,341 593,238 4,590,579 Total Trading Fixed Maturity Securities $ 2,354,194 $ 15,201,115 $ 1,250,161 $ 18,805,470 Equity Securities 4,215 — 15,522 19,737 Mortgage and Other Loan Receivables — — 697,402 697,402 Other Investments — — 4,925,751 (1) 4,925,751 Funds Withheld Receivable at Interest — — 88,661 88,661 Reinsurance Recoverable — — 926,035 926,035 Derivative Assets: Equity Market Contracts 1,669 1,479,206 — 1,480,875 Interest Rate Contracts 19,474 264,593 — 284,067 Foreign Currency Contracts — 90,081 — 90,081 Impact of Netting (23,522) (1,785,807) — (2) (1,809,329) Total Derivative Assets $ (2,379) $ 48,073 $ — $ 45,694 Separate Account Assets 4,107,000 — — 4,107,000 Total Assets at Fair Value - Insurance $ 7,545,451 $ 73,179,952 $ 18,304,535 $ 99,029,938 Total Assets at Fair Value $ 10,903,084 $ 101,494,533 $ 71,778,388 $ 184,176,005 (1) Other investments excluded from the fair value hierarchy table include private equity funds for which fair value is measured at net asset value per share as a practical expedient. As of September 30, 2024 and December 31, 2023, the fair value of these investments was $57.7 million and $138.5 million, respectively. These investments have strategies primarily focused on real assets (including real estate and infrastructure) and are subject to certain restrictions on redemption. As of September 30, 2024, there were $2.8 million of unfunded commitments associated with these investments. (2) Represents netting of derivative exposures covered by qualifying master netting agreements. Liabilities, at fair value: September 30, 2024 Level I Level II Level III Total Asset Management and Strategic Holdings Securities Sold Short $ 106,708 $ — $ — $ 106,708 Foreign Exchange Contracts and Options — 575,940 — 575,940 Unfunded Revolver Commitments — — 103,926 (1) 103,926 Other Derivatives 9 3,586 — 3,595 Debt Obligations of Consolidated CFEs — 26,189,098 — 26,189,098 Total Liabilities at Fair Value - Asset Management and Strategic Holdings $ 106,717 $ 26,768,624 $ 103,926 $ 26,979,267 Insurance Policy Liabilities (Including Market Risk Benefits) $ — $ — $ 1,429,471 (3) $ 1,429,471 Closed Block Policy Liabilities — — 1,000,749 1,000,749 Funds Withheld Payable at Interest — — (1,595,138) (1,595,138) Derivative Instruments Payable: Equity Market Contracts 5,435 178,554 — 183,989 Interest Rate Contracts 425 550,316 — 550,741 Foreign Currency Contracts — 236,515 — 236,515 Other Contracts — 8,495 — 8,495 Impact of Netting (2,509) (785,605) — (2) (788,114) Total Derivative Instruments Payable 3,351 188,275 — 191,626 Embedded Derivative – Interest-sensitive Life Products — — 512,474 512,474 Embedded Derivative – Annuity Products — — 5,244,375 5,244,375 Total Liabilities at Fair Value - Insurance $ 3,351 $ 188,275 $ 6,591,931 $ 6,783,557 Total Liabilities at Fair Value $ 110,068 $ 26,956,899 $ 6,695,857 $ 33,762,824 December 31, 2023 Level I Level II Level III Total Asset Management and Strategic Holdings Securities Sold Short $ 149,136 $ — $ — $ 149,136 Foreign Exchange Contracts and Options — 441,608 — 441,608 Unfunded Revolver Commitments — — 94,683 (1) 94,683 Other Derivatives 143 2,239 — 2,382 Debt Obligations of Consolidated CFEs — 25,276,404 — 25,276,404 Total Liabilities at Fair Value - Asset Management and Strategic Holdings $ 149,279 $ 25,720,251 $ 94,683 $ 25,964,213 Insurance Policy Liabilities (Including Market Risk Benefits) $ — $ — $ 1,474,970 (3) $ 1,474,970 Closed Block Policy Liabilities — — 968,554 968,554 Funds Withheld Payable at Interest — — (2,447,303) (2,447,303) Derivative Instruments Payable: Equity Market Contracts 7,088 241,039 — 248,127 Interest Rate Contracts 17,931 660,525 — 678,456 Foreign Currency Contracts — 130,094 — 130,094 Other Contracts — 600 — 600 Impact of Netting (23,522) (887,558) — (2) (911,080) Total Derivative Instruments Payable 1,497 144,700 — 146,197 Embedded Derivative – Interest-sensitive Life Products — — 458,302 458,302 Embedded Derivative – Annuity Products — — 3,587,371 3,587,371 Total Liabilities at Fair Value - Insurance $ 1,497 $ 144,700 $ 4,041,894 $ 4,188,091 Total Liabilities at Fair Value $ 150,776 $ 25,864,951 $ 4,136,577 $ 30,152,304 (1) These unfunded revolver commitments are valued using the same valuation methodologies as KKR's Level III credit investments. (2) Represents netting of derivative exposures covered by qualifying master netting agreements. (3) Includes market risk benefit of $1.1 billion as of both September 30, 2024 and December 31, 2023. The following tables summarize changes in assets and liabilities measured and reported at fair value for which Level III inputs have been used to determine fair value for the three months ended September 30, 2024 and 2023, respectively. Three Months Ended September 30, 2024 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers Transfers Out Net Purchases/Issuances/Sales/Settlements Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date Assets Asset Management and Strategic Holdings Private Equity $ 32,816,612 $ (1,064,234) $ — $ (412,552) $ 334,095 $ 1,304,744 $ — $ 32,978,665 $ 1,237,010 $ — Credit 4,817,048 — 26,833 — (124,520) (61,168) — 4,658,193 55,711 — Real Assets 12,782,172 — — — (168,204) 126,474 — 12,740,442 101,569 — Equity Method - Other 1,506,572 — — (60,900) (33,923) 13,487 — 1,425,236 13,376 — Other Investments 4,519,889 — — — 176,142 109,305 — 4,805,336 100,744 — Total Assets - Asset Management and Strategic Holdings $ 56,442,293 $ (1,064,234) $ 26,833 $ (473,452) $ 183,590 $ 1,492,842 $ — $ 56,607,872 $ 1,508,410 $ — Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 8,685,083 $ — $ — $ — $ 266,708 $ 53,500 $ 36,783 $ 9,042,074 $ — $ 36,914 Structured Securities 2,101,668 — — — 91,634 10,103 37,926 2,241,331 — 37,932 Total AFS Fixed Maturity Securities 10,786,751 — — — 358,342 63,603 74,709 11,283,405 — 74,846 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 910,400 — — — 36,047 15,547 — 961,994 15,504 — Structured Securities 600,422 — — — (27,151) 15,455 — 588,726 16,253 — Total Trading Fixed Maturity Securities 1,510,822 — — — 8,896 31,002 — 1,550,720 31,757 — Equity Securities 15,279 — — — — 494 — 15,773 494 — Mortgage and Other Loan Receivables 603,200 — — — (18,795) 11,970 — 596,375 11,872 — Other Investments 7,549,543 — — — 562,255 (5,974) — 8,105,824 (11,171) — Funds Withheld Receivable at Interest 114,265 — — — — (19,012) — 95,253 — — Reinsurance Recoverable 926,695 — — — (1,640) 30,286 — 955,341 — — Total Assets - Insurance $ 21,506,555 $ — $ — $ — $ 909,058 $ 112,369 $ 74,709 $ 22,602,691 $ 32,952 $ 74,846 Total $ 77,948,848 $ (1,064,234) $ 26,833 $ (473,452) $ 1,092,648 $ 1,605,211 $ 74,709 $ 79,210,563 $ 1,541,362 $ 74,846 Nine Months Ended September 30, 2024 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers Transfers Out Net Purchases/Issuances/Sales/Settlements Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date Assets Asset Management and Strategic Holdings Private Equity $ 30,921,574 $ (1,064,234) $ 9,042 $ (412,552) $ 1,319,902 $ 2,204,933 $ — $ 32,978,665 $ 2,138,873 $ — Credit 5,452,916 151,713 174,905 (105,080) (844,989) (171,272) — 4,658,193 (36,417) — Real Assets 11,295,633 934,530 — — 322,565 187,714 — 12,740,442 87,385 — Equity Method - Other 1,537,962 — — (62,977) (33,980) (15,769) — 1,425,236 (17,486) — Other Investments 4,265,768 — — (8,106) 422,279 125,218 177 4,805,336 122,196 177 Total Assets - Asset Management and Strategic Holdings $ 53,473,853 $ 22,009 $ 183,947 $ (588,715) $ 1,185,777 $ 2,330,824 $ 177 $ 56,607,872 $ 2,294,551 $ 177 Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 8,571,003 $ — $ — $ (301) $ 333,979 $ (7,408) $ 144,801 $ 9,042,074 $ — $ 86,625 Structured Securities 1,830,000 — 95,965 — 227,532 25,338 62,496 2,241,331 — 64,049 Total AFS Fixed Maturity Securities 10,401,003 — 95,965 (301) 561,511 17,930 207,297 11,283,405 — 150,674 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 656,923 — 1,416 — 244,628 59,027 — 961,994 21,991 — Structured Securities 593,238 — 106,805 — (151,768) 40,451 — 588,726 25,446 — Total Trading Fixed Maturity Securities 1,250,161 — 108,221 — 92,860 99,478 — 1,550,720 47,437 — Equity Securities 15,522 — — — — 251 — 15,773 251 — Mortgage and Other Loan Receivables 697,402 — — — (117,920) 16,893 — 596,375 19,760 — Other Investments 4,925,751 — — — 3,341,936 (161,863) — 8,105,824 (165,016) — Funds Withheld Receivable at Interest 88,661 — — — — 6,592 — 95,253 — — Reinsurance Recoverable 926,035 — — — (7,989) 37,295 — 955,341 — — Total Assets - Insurance $ 18,304,535 $ — $ 204,186 $ (301) $ 3,870,398 $ 16,576 $ 207,297 $ 22,602,691 $ (97,568) $ 150,674 Total $ 71,778,388 $ 22,009 $ 388,133 $ (589,016) $ 5,056,175 $ 2,347,400 $ 207,474 $ 79,210,563 $ 2,196,983 $ 150,851 Three Months Ended September 30, 2023 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Issuances/Sales/Settlements Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date Assets Asset Management and Strategic Holdings Private Equity $ 28,606,221 $ — $ — $ (29,417) $ 298,497 $ 701,265 $ — $ 29,576,566 $ 678,202 $ — Credit 5,372,882 — 109,773 (19,717) 112,076 (44,837) — 5,530,177 (38,343) — Real Assets 20,307,579 (208,748) — (628) (190,681) 11,229 — 19,918,751 (22,971) — Equity Method - Other 1,695,170 — — — (19,883) 47,794 — 1,723,081 44,146 — Other Investments 3,670,330 — — — 97,979 (71,484) — 3,696,825 (68,124) — Other Derivatives — — — — — — — — — — Total Assets - Asset Management and Strategic Holdings $ 59,652,182 $ (208,748) $ 109,773 $ (49,762) $ 297,988 $ 643,967 $ — $ 60,445,400 $ 592,910 $ — Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 8,392,560 $ — $ 42,050 $ — $ 28,531 $ (43,972) $ (368) $ 8,418,801 $ — $ (886) Structured Securities 1,922,744 — — (12,292) (96,937) 7,887 25,356 1,846,758 — 23,344 Total AFS Fixed Maturity Securities 10,315,304 — 42,050 (12,292) (68,406) (36,085) 24,988 10,265,559 — 22,458 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 636,764 — — (188) (8,061) (4,780) — 623,735 (4,279) — Structured Securities 658,183 — — (5,131) (6,765) 2,915 — 649,202 1,483 — Total Trading Fixed Maturity Securities 1,294,947 — — (5,319) (14,826) (1,865) — 1,272,937 (2,796) — Equity Securities 15,695 — — — — 447 — 16,142 447 — Mortgage and Other Loan Receivables 768,276 — — — (25,040) (5,127) — 738,109 (5,294) — Other Investments 5,016,427 — — — 44,052 (41,001) — 5,019,478 (32,115) — Funds Withheld Receivable at Interest (3,833) — — — — 75,929 — 72,096 — — Reinsurance Recoverable 988,639 — — — 795 (25,764) — 963,670 — — Total Assets - Insurance $ 18,395,455 $ — $ 42,050 $ (17,611) $ (63,425) $ (33,466) $ 24,988 $ 18,347,991 $ (39,758) $ 22,458 Total $ 78,047,637 $ (208,748) $ 151,823 $ (67,373) $ 234,563 $ 610,501 $ 24,988 $ 78,793,391 $ 553,152 $ 22,458 Nine Months Ended September 30, 2023 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Issuances/Sales/Settlements Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date Assets Asset Management and Strategic Holdings Private Equity $ 25,336,957 $ — $ — $ (29,417) $ 3,195,060 $ 1,073,966 $ — $ 29,576,566 $ 1,115,397 $ — Credit 5,786,026 — 127,401 (43,475) (353,479) 13,704 — 5,530,177 63,854 — Real Assets 17,015,112 (335,637) — (628) 3,578,420 (338,516) — 19,918,751 (369,658) — Equity Method - Other 1,624,420 — — (2,335) (11,383) 112,379 — 1,723,081 113,338 — Other Investments 3,334,366 — 22,777 (22,376) 533,086 (171,028) — 3,696,825 (171,116) — Other Derivatives — — — — 2,153 (2,153) — — — — Total Assets - Asset Management and Strategic Holdings $ 53,096,881 $ (335,637) $ 150,178 $ (98,231) $ 6,943,857 $ 688,352 $ — $ 60,445,400 $ 751,815 $ — Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 8,310,657 $ — $ 75,246 $ — $ 10,513 $ (5,711) $ 28,096 $ 8,418,801 $ — $ 45,705 Structured Securities 1,419,441 — 275,347 (15,666) 87,917 10,982 68,737 1,846,758 — 63,376 Total AFS Fixed Maturity Securities 9,730,098 — 350,593 (15,666) 98,430 5,271 96,833 10,265,559 — 109,081 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 672,023 — — (188) (32,845) (15,255) — 623,735 (13,350) — Structured Securities 643,811 — 11,971 (11,878) 6,229 (931) — 649,202 (686) — Total Trading Fixed Maturity Securities 1,315,834 — 11,971 (12,066) (26,616) (16,186) — 1,272,937 (14,036) — Equity Securities 16,286 — — — — (144) — 16,142 (144) — Mortgage and Other Loan Receivables 787,515 — — — (51,906) 2,500 — 738,109 910 — Other Investments 4,883,441 — — — 209,337 (73,300) — 5,019,478 (65,760) — Funds Withheld Receivable at Interest 12,785 — — — — 59,311 — 72,096 — — Reinsurance Recoverable 981,775 — — — (9,795) (8,310) — 963,670 — — Total Assets - Insurance $ 17,727,734 $ — $ 362,564 $ (27,732) $ 219,450 $ (30,858) $ 96,833 $ 18,347,991 $ (79,030) $ 109,081 Total $ 70,824,615 $ (335,637) $ 512,742 $ (125,963) $ 7,163,307 $ 657,494 $ 96,833 $ 78,793,391 $ 672,785 $ 109,081 Three Months Ended September 30, 2024 Nine Months Ended September 30, 2024 Purchases Issuances Sales Settlements Net Purchases/ Issuances/ Sales/ Settlements Purchases Issuances Sales Settlements Net Purchases/ Issuances/ Sales/ Settlements Assets Asset Management and Strategic Holdings Private Equity $ 537,627 $ — $ (203,532) $ — $ 334,095 $ 1,858,430 $ — $ (538,528) $ — $ 1,319,902 Credit 229,527 — (354,047) — (124,520) 742,877 — (1,237,596) (350,270) (844,989) Real Assets 844,660 — (1,012,864) — (168,204) 1,726,310 — (1,403,745) — 322,565 Equity Method - Other 1,002 — (34,925) — (33,923) 4,084 — (38,064) — (33,980) Other Investments 1,032,365 — (856,223) — 176,142 2,288,618 — (1,801,569) (64,770) 422,279 Total Assets - Asset Management and Strategic Holdings $ 2,645,181 $ — $ (2,461,591) $ — $ 183,590 $ 6,620,319 $ — $ (5,019,502) $ (415,040) $ 1,185,777 Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 1,347,498 $ — $ (522,817) $ (557,973) $ 266,708 $ 3,519,683 $ — $ (1,193,197) $ (1,992,507) $ 333,979 Structured Securities 249,404 — — (157,770) 91,634 591,942 — (10,349) (354,061) 227,532 Total AFS Fixed Maturity Securities 1,596,902 — (522,817) (715,743) 358,342 4,111,625 — (1,203,546) (2,346,568) 561,511 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 72,013 — (1,227) (34,739) 36,047 839,978 — (224,710) (370,640) 244,628 Structured Securities 17,271 — — (44,422) (27,151) 124,887 — (204,425) (72,230) (151,768) Total Trading Fixed Maturity Securities 89,284 — (1,227) (79,161) 8,896 964,865 — (429,135) (442,870) 92,860 Mortgage and Other Loan Receivables — — — (18,795) (18,795) 1,795 — — (119,715) (117,920) Other Investments 649,061 — (4,073) (82,733) 562,255 3,436,508 — (11,839) (82,733) 3,341,936 Reinsurance Recoverable — — — (1,640) (1,640) — — — (7,989) (7,989) Total Assets - Insurance $ 2,335,247 $ — $ (528,117) $ (898,072) $ 909,058 $ 8,514,793 $ — $ (1,644,520) $ (2,999,875) $ 3,870,398 Total $ 4,980,428 $ — $ (2,989,708) $ (898,072) $ 1,092,648 $ 15,135,112 $ — $ (6,664,022) $ (3,414,915) $ 5,056,175 Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 Purchases Issuances Sales Settlements Net Purchases/Issuances/Sales/Settlements Purchases Issuances Sales Settlements Net Purchases/ Issuances/ Sales/ Settlements Assets Asset Management and Strategic Holdings Private Equity $ 346,830 $ — $ (48,333) $ — $ 298,497 $ 3,269,655 $ — $ (74,595) $ — $ 3,195,060 Credit 234,700 — (99,753) (22,871) 112,076 971,723 — (1,202,822) (122,380) (353,479) Real Assets 362,219 — (552,900) — (190,681) 4,618,910 — (1,039,451) (1,039) 3,578,420 Equity Method - Other 1 — (19,884) — (19,883) 10,124 — (21,507) — (11,383) Other Investments 276,832 — (116,642) (62,211) 97,979 952,411 — (256,178) (163,147) 533,086 Other Derivatives — — — — — 2,153 — — — 2,153 Total Assets - Asset Management and Strategic Holdings $ 1,220,582 $ — $ (837,512) $ (85,082) $ 297,988 $ 9,824,976 $ — $ (2,594,553) $ (286,566) $ 6,943,857 Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 272,983 $ — $ (10) $ (244,442) $ 28,531 $ 723,970 $ — $ (5,678) $ (707,779) $ 10,513 Structured Securities 57,422 — (1,020) (153,339) (96,937) 322,549 — (1,020) (233,612) 87,917 Total AFS Fixed Maturity Securities 330,405 — (1,030) (397,781) (68,406) 1,046,519 — (6,698) (941,391) 98,430 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 3,864 — — (11,925) (8,061) 18,727 — (1,000) (50,572) (32,845) Structured Securities 3,538 — (2,380) (7,923) (6,765) 40,975 — (3,074) (31,672) 6,229 Total Trading Fixed Maturity Securities 7,402 — (2,380) (19,848) (14,826) 59,702 — (4,074) (82,244) (26,616) Mortgage and Other Loan Receivables 657 — — (25,697) (25,040) 1,291 — (3,078) (50,119) (51,906) Other Investments 49,995 — (5,943) — 44,052 227,629 — (18,292) — 209,337 Reinsurance Recoverable — — — 795 795 — — — (9,795) (9,795) Total Assets - Insurance $ 388,459 $ — $ (9,353) $ (442,531) $ (63,425) $ 1,335,141 $ — $ (32,142) $ (1,083,549) $ 219,450 Total $ 1,609,041 $ — $ (846,865) $ (527,613) $ 234,563 $ 11,160,117 $ — $ (2,626,695) $ (1,370,115) $ 7,163,307 Three Months Ended September 30, 2024 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Sales/Settlements/Issuances Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ 98,327 $ — $ — $ — $ — $ 5,599 $ — $ 103,926 $ 5,599 Total Liabilities - Asset Management and Strategic Holdings $ 98,327 $ — $ — $ — $ — $ 5,599 $ — $ 103,926 $ 5,599 Insurance Policy Liabilities $ 1,320,498 $ — $ — $ — $ 19,896 $ 50,366 $ 38,711 $ 1,429,471 $ — Closed Block Policy Liabilities 970,844 — — — (3,789) 32,187 1,507 1,000,749 — Funds Withheld Payable at Interest (2,900,476) — — — — 1,305,338 — (1,595,138) — Embedded Derivative – Interest-sensitive 495,342 — — — (25,069) 42,201 — 512,474 — Embedded Derivative – Annuity Products 4,478,104 — — — 337,312 428,959 — 5,244,375 — Total Liabilities - Insurance $ 4,364,312 $ — $ — $ — $ 328,350 $ 1,859,051 $ 40,218 $ 6,591,931 $ — Total $ 4,462,639 $ — $ — $ — $ 328,350 $ 1,864,650 $ 40,218 $ 6,695,857 $ 5,599 Nine Months Ended September 30, 2024 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Sales/Settlements/Issuances Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ 94,683 $ — $ — $ — $ — $ 9,243 $ — $ 103,926 $ 9,243 Total Liabilities - Asset Management and Strategic Holdings $ 94,683 $ — $ — $ — $ — $ 9,243 $ — $ 103,926 $ 9,243 Insurance Policy Liabilities $ 1,474,970 $ — $ — $ — $ 28,174 $ (103,360) $ 29,687 $ 1,429,471 $ — Closed Block Policy Liabilities 968,554 — — — 1,126 32,776 (1,707) 1,000,749 — Funds Withheld Payable at Interest (2,447,303) — — — — 852,165 — (1,595,138) — Embedded Derivative – Interest-sensitive 458,302 — — — (71,974) 126,146 — 512,474 — Embedded Derivative – Annuity Products 3,587,371 — — — 931,981 725,023 — 5,244,375 — Total Liabilities - Insurance $ 4,041,894 $ — $ — $ — $ 889,307 $ 1,632,750 $ 27,980 $ 6,591,931 $ — Total $ 4,136,577 $ — $ — $ — $ 889,307 $ 1,641,993 $ 27,980 $ 6,695,857 $ 9,243 Three Months Ended September 30, 2023 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Sales/Settlements/Issuances Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ 110,106 $ — $ — $ — $ — $ (12,265) $ — $ 97,841 $ (12,265) Total Liabilities - Asset Management and Strategic Holdings $ 110,106 $ — $ — $ — $ — $ (12,265) $ — $ 97,841 $ (12,265) Insurance Policy Liabilities $ 1,181,368 $ — $ — $ — $ (693) $ (118,986) $ 63,227 $ 1,124,916 $ — Closed Block Policy Liabilities 1,026,339 — — — 10,260 (30,782) (3,540) 1,002,277 — Funds Withheld Payable at Interest (3,090,373) — — — — (666,599) — (3,756,972) — Embedded Derivative – Interest-sensitive 447,005 — — — (27,314) (31,641) — 388,050 — Embedded Derivative – Annuity Products 2,815,783 — — — 172,129 (132,410) — 2,855,502 — Total Liabilities - Insurance $ 2,380,122 $ — $ — $ — $ 154,382 $ (980,418) $ 59,687 $ 1,613,773 $ — Total $ 2,490,228 $ — $ — $ — $ 154,382 $ (992,683) $ 59,687 $ 1,711,614 $ (12,265) Nine Months Ended September 30, 2023 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Sales/Settlements/Issuances Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ 137,315 $ — $ — $ — $ — $ (39,474) $ — $ 97,841 $ (39,474) Total Liabilities - Asset Management and Strategic Holdings $ 137,315 $ — $ — $ — $ — $ (39,474) $ — $ 97,841 $ (39,474) Insurance Policy Liabilities $ 1,063,496 $ — $ — $ — $ (3,066) $ (93,338) $ 157,824 $ 1,124,916 $ — Closed Block Policy Liabilities 1,016,313 — — — 1,232 (9,821) (5,447) 1,002,277 — Funds Withheld Payable at Interest (3,487,766) — — — — (269,206) — (3,756,972) — Embedded Derivative – Interest-sensitive 337,860 — — — (25,007) 75,197 — 388,050 — Embedded Derivative – Annuity Products 1,851,381 — — — 722,097 282,024 — 2,855,502 — Total Liabilities - Insurance $ 781,284 $ — $ — $ — $ 695,256 $ (15,144) $ 152,377 $ 1,613,773 $ — Total $ 918,599 $ — $ — $ — $ 695,256 $ (54,618) $ 152,377 $ 1,711,614 $ (39,474) Three Months Ended September 30, 2024 Nine Months Ended September 30, 2024 Issuances Settlements Net Issuances/Settlements Issuances Settlements Net Issuances/Settlements Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ — $ — $ — $ — $ — $ — Total Liabilities - Asset Management and Strategic Holdings $ — $ — $ — $ — $ — $ — Insurance Policy Liabilities $ 23,505 $ (3,609) $ 19,896 $ 38,754 $ (10,580) $ 28,174 Closed Block Policy Liabilities — (3,789) (3,789) 1,126 — 1,126 Embedded Derivative – Interest-sensitive Life Products — (25,069) (25,069) — (71,974) (71,974) Embedded Derivative – Annuity Products 409,892 (72,580) 337,312 1,125,910 (193,929) 931,981 Total Liabilities - Insurance $ 433,397 $ (105,047) $ 328,350 $ 1,165,790 $ (276,483) $ 889,307 Total $ 433,397 $ (105,047) $ 328,350 $ 1,165,790 $ (276,483) $ 889,307 Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 Issuances Settlements Net Issuances/Settlements Issuances Settlements Net Issuances/Settlements Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ — $ — $ — $ — $ — $ — Total Liabilities - Asset Management and Strategic Holdings $ — $ — $ — $ — $ — $ — Insurance Policy Liabilities $ 910 $ (1,603) $ (693) $ 817 $ (3,883) $ (3,066) Closed Block Policy Liabilities 1,232 9,028 10,260 1,232 — 1,232 Embedded Derivative – Interest-sensitive Life Products — (27,314) (27,314) — (25,007) (25,007) Embedded Derivative – Annuity Products 212,276 (40,147) 172,129 804,887 (82,790) 722,097 Total Liabilities - Insurance $ 214,418 $ (60,036) $ 154,382 $ 806,936 $ (111,680) $ 695,256 Total $ 214,418 $ (60,036) $ 154,382 $ 806,936 $ (111,680) $ 695,256 Total realized and unrealized gains and losses recorded for Asset Management and Strategic Holdings - Level III assets and liabilities are reported in Net Gains (Losses) from Investment Activities in the accompanying consolidated statements of operations while Insurance - Level III assets and liabilities are reported in Net Investment Gains and Policy Benefits and Claims in the accompanying consolidated statements of operations. The following table presents additional information about valuation methodologies and significant unobservable inputs used for financial assets and liabilities that are measured and reported at fair value and categorized within Level III as of September 30, 2024. Because input information includes only those items for which information is reasonably available, balances shown below may not equal total amounts reported for such Level III assets and liabilities: Level III Assets Fair Value September 30, 2024 Valuation Unobservable Input(s) (1) Weighted Average (2) Range Impact to Valuation from an Increase in Input (3) ASSET MANAGEMENT AND STRATEGIC HOLDINGS Private Equity $ 32,978,665 Private Equity $ 30,403,822 Inputs to market comparables, discounted cash flow and transaction price Illiquidity Discount 6.0% 5.0% - 15.0% Decrease Weight Ascribed to Market Comparables 27.8% 0.0% - 100.0% (4) Weight Ascribed to Discounted Cash Flow 68.4% 0.0% - 100.0% (5) Weight Ascribed to Transaction Price 3.8% 0.0% - 100.0% (6) Market comparables Enterprise Value/LTM EBITDA Multiple 18.5x 5.9x - 29.8x Increase Enterprise Value/Forward EBITDA Multiple 16.8x 4.5x - 29.7x Increase Discounted cash flow Weighted Average Cost of Capital 9.1% 6.1% - 14.3% Decrease Enterprise Value/EBITDA Exit Multiple 14.6x 6.0x - 27.6x Increase Level III Assets Fair Value September 30, 2024 Valuation Unobservable Input(s) (1) Weighted Average (2) Range Impact to Valuation from an Increase in Input (3) Growth Equity $ 2,574,843 Inputs to market comparables, discounted cash flow and milestones Illiquidity Discount 10.1% 10.0% - 15.0% Decrease Weight Ascribed to Market Comparables 34.6% 0.0% - 100.0% (4) Weight Ascribed to Discounted Cash Flow 3.2% 0.0% - 50.0% (5) Weight Ascribed to Transaction Price 13.9% 0.0% - 100.0% (6) Weight Ascribed to Milestones 48.3% 0.0% - 100.0% (6) Scenario Weighting Base 75.3% 50.0% - 85.0% Increase Downside 12.2% 5.0% - 25.0% Decrease Upside 12.5% 10.0% - 25.0% Increase Market Comparables Enterprise Value/Revenues Multiple 8.8x 3.0x - 24.4x Increase Credit $ 4,658,193 Yield Analysis Yield 10.2% 5.2% - 19.5% Decrease Net Leverage 6.1x 1.3x -13.0x Decrease EBITDA Multiple 12.8x 6.0x - 30.5x Increase Real Assets $ 12,740,442 Energy $ 1,544,535 Inputs to market comparables, discounted cash flow and transaction price Weight Ascribed to Market Comparables 44.8% 0.0% - 50.0% (4) Weight Ascribed to Discounted Cash Flow 55.2% 50.0% - 100.0% (5) Market comparables Enterprise Value/LTM EBITDA Multiple 3.4x 0.0x - 5.0x Increase Enterprise Value/Forward EBITDA Multiple 6.2x 0.0x- 7.8x Increase Discounted cash flow Weighted Average Cost of Capital 12.1% 12.0% - 12.3% Decrease Average Price Per BOE (8) $45.88 $42.21 - $50.35 Increase Infrastructure $ 994,481 Inputs to market comparables, discounted cash flow and transaction price Illiquidity Discount 6.5% 5.0% - 10.0% Decrease Weight Ascribed to Market Comparables 10.7% 0.0% - 25.0% (4) Weight Ascribed to Discounted Cash Flow 89.3% 75.0% - 100.0% (5) Weight Ascribed to Transaction Price 0.0% 0.0% -

FAIR VALUE OPTION

FAIR VALUE OPTION	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
FAIR VALUE OPTION	FAIR VALUE OPTION The following table summarizes the financial instruments for which the fair value option has been elected: September 30, 2024 December 31, 2023 Assets Asset Management and Strategic Holdings Credit $ 694,209 $ 976,978 Investments of Consolidated CFEs 25,862,833 24,996,298 Real Assets 60,028 59,721 Equity Method - Other 1,901,793 2,283,588 Other Investments 120,439 153,597 Total Asset Management and Strategic Holdings $ 28,639,302 $ 28,470,182 Insurance Mortgage and Other Loan Receivables $ 596,375 $ 697,402 Other Investments 510,570 232,877 Reinsurance Recoverable 955,341 926,035 Total Insurance $ 2,062,286 $ 1,856,314 Total Assets $ 30,701,588 $ 30,326,496 Liabilities Asset Management and Strategic Holdings Debt Obligations of Consolidated CFEs $ 26,189,098 $ 25,276,404 Total Asset Management and Strategic Holdings $ 26,189,098 $ 25,276,404 Insurance Policy Liabilities $ 1,314,346 $ 1,322,555 Total Insurance $ 1,314,346 $ 1,322,555 Total Liabilities $ 27,503,444 $ 26,598,959 The following table presents the net realized and unrealized gains (losses) on financial instruments for which the fair value option was elected: Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 Net Realized Net Unrealized Total Net Realized Net Unrealized Total Assets Asset Management and Strategic Holdings Credit $ (18,806) $ 34,420 $ 15,614 $ (9,423) $ (17,172) $ (26,595) Investments of Consolidated CFEs (71,668) 46,225 (25,443) (46,266) 370,853 324,587 Real Assets — 2,159 2,159 — (1,726) (1,726) Equity Method - Other 13,625 64,920 78,545 38,650 (14,738) 23,912 Other Investments 187 (1,956) (1,769) (41) 671 630 Total Asset Management and Strategic Holdings $ (76,662) $ 145,768 $ 69,106 $ (17,080) $ 337,888 $ 320,808 Insurance Mortgage and Other Loan Receivables $ — $ 12,273 $ 12,273 $ — $ (4,711) $ (4,711) Other Investments — 2,719 2,719 — (9,462) (9,462) Total Insurance $ — $ 14,992 $ 14,992 $ — $ (14,173) $ (14,173) Total Assets $ (76,662) $ 160,760 $ 84,098 $ (17,080) $ 323,715 $ 306,635 Liabilities Asset Management and Strategic Holdings Debt Obligations of Consolidated CFEs $ (1,625) $ (38,405) $ (40,030) $ (36) $ (306,057) $ (306,093) Total Asset Management and Strategic Holdings $ (1,625) $ (38,405) $ (40,030) $ (36) $ (306,057) $ (306,093) Insurance Policy Liabilities $ — $ (14,163) $ (14,163) $ — $ 12,318 $ 12,318 Total Insurance $ — $ (14,163) $ (14,163) $ — $ 12,318 $ 12,318 Total Liabilities $ (1,625) $ (52,568) $ (54,193) $ (36) $ (293,739) $ (293,775) Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 Net Realized Net Unrealized Total Net Realized Net Unrealized Total Assets Asset Management and Strategic Holdings Credit $ (19,346) $ 32,454 $ 13,108 $ (69,769) $ 39,123 $ (30,646) Investments of Consolidated CFEs (68,378) 54,177 (14,201) (96,148) 939,835 843,687 Real Assets — 307 307 51,637 (58,323) (6,686) Equity Method - Other 36,132 (109,483) (73,351) 86,017 (31,038) 54,979 Other Investments 69 (1,093) (1,024) 1,520 (1,090) 430 Total Asset Management and Strategic Holdings $ (51,523) $ (23,638) $ (75,161) $ (26,743) $ 888,507 $ 861,764 Insurance Mortgage and Other Loan Receivables $ — $ 20,722 $ 20,722 $ — $ 1,485 $ 1,485 Other Investments — (50,282) (50,282) — (65,130) (65,130) Total Insurance $ — $ (29,560) $ (29,560) $ — $ (63,645) $ (63,645) Total Assets $ (51,523) $ (53,198) $ (104,721) $ (26,743) $ 824,862 $ 798,119 Liabilities Asset Management and Strategic Holdings Debt Obligations of Consolidated CFEs $ (5,149) $ (28,114) $ (33,263) $ (36) $ (941,210) $ (941,246) Total Asset Management and Strategic Holdings $ (5,149) $ (28,114) $ (33,263) $ (36) $ (941,210) $ (941,246) Insurance Policy Liabilities $ — $ 43,535 $ 43,535 $ — $ 58,810 $ 58,810 Total Insurance $ — $ 43,535 $ 43,535 $ — $ 58,810 $ 58,810 Total Liabilities $ (5,149) $ 15,421 $ 10,272 $ (36) $ (882,400) $ (882,436)

INSURANCE INTANGIBLES, UNEARNED

INSURANCE INTANGIBLES, UNEARNED REVENUE RESERVES AND UNEARNED FRONT-END LOADS	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
INSURANCE INTANGIBLES, UNEARNED REVENUE RESERVES AND UNEARNED FRONT-END LOADS	NET INVESTMENT INCOME - INSURANCE Net investment income for Global Atlantic is comprised primarily of interest income, including amortization of premiums and accretion of discounts, based on yields that change due to expectations in projected cash flows, dividend income from common and preferred stock, earnings from investments accounted for under equity method accounting, and lease income on other investments. The components of net investment income were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Fixed Maturity Securities – Interest and Other Income $ 1,428,699 $ 1,128,962 $ 4,173,336 $ 3,265,774 Mortgage and Other Loan Receivables 725,463 491,922 1,914,700 1,423,142 Investments in Transportation and Other Leased Assets 87,321 81,365 249,827 236,280 Investments in Renewable Energy 24,044 41,061 49,446 78,990 Investments in Real Estate 86,491 42,447 184,729 121,908 Short-term and Other Investment Income 170,157 52,072 462,408 184,366 Income Assumed from Funds Withheld Receivable at Interest 20,717 23,765 61,433 71,547 Policy Loans 20,180 9,588 64,260 28,289 Income Ceded to Funds Withheld Payable at Interest (640,254) (331,691) (1,746,618) (950,174) Gross Investment Income 1,922,818 1,539,491 5,413,521 4,460,122 Less Investment Expenses: Investment Management and Administration 146,693 83,424 379,015 248,902 Transportation, Renewable Energy and Real-estate Asset Depreciation and Maintenance 51,797 45,931 151,716 152,319 Interest Expense on Derivative Collateral and Repurchase Agreements 22,502 (1,994) 80,564 35,019 Net Investment Income $ 1,701,826 $ 1,412,130 $ 4,802,226 $ 4,023,882 Net investment-related losses from insurance operations primarily consists of (i) realized gains (losses) from the disposal of investments, (ii) unrealized gains (losses) from investments held for trading, equity securities, real estate investments accounted for under investment company accounting, and investments with fair value remeasurements recognized in earnings as a result of the election of a fair-value option, (iii) unrealized gains (losses) on funds withheld receivable and payable at interest, (iv) unrealized gains (losses) from derivatives (excluding certain derivatives designated as hedge accounting instruments), and (v) allowances for credit losses, and other impairments of investments. Net investment-related losses were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Realized Losses on Available-for-sale Fixed Maturity Debt Securities $ (285,352) $ (15,156) $ (387,975) $ (67,195) Credit Loss Allowances on Available-for-sale Securities (59,195) 24,916 (50,455) (82,024) Credit Loss Allowances on Mortgage and Other Loan Receivables (92,293) (29,824) (263,749) (124,515) Allowances on Unfunded Commitments (1,663) (5,100) 25,598 26,494 Impairment of Available-for-sale Fixed Maturity Debt Securities Due to Intent to Sell — — — (26,741) Unrealized Gains (Losses) on Fixed Maturity Securities Classified as Trading 1,056,483 (594,218) 471,647 (284,555) Unrealized Gains (Losses) on Investments Recognized under the Fair-value Option and Equity Investments 20,589 (6,750) (56,579) (65,963) Unrealized Losses on Real Estate Investments Recognized at Fair Value Under Investment Company Accounting (26,503) (26,442) (133,280) (6,621) Net (Losses) Gains on Derivative Instruments (877,533) 314,380 (451,747) 44,399 Realized (Losses) Gains on Funds Withheld at Interest Payable Portfolio (20,158) 5,720 50,147 13,332 Realized (Losses) Gains on Funds Withheld at Interest Receivable Portfolio (24,194) (4,821) (47,242) 892 Other Realized Gains (Losses) 73,848 (935) 63,558 (7,116) Net Investment-Related Losses $ (235,971) $ (338,230) $ (780,077) $ (579,613) Allowance for credit losses Available-for-sale fixed maturity securities The table below presents a roll-forward of the allowance for credit losses recognized for fixed maturity securities held by Global Atlantic: Three Months Ended September 30, 2024 Nine Months Ended September 30, 2024 Corporate Structured Total Corporate Structured Total Balance, as of Beginning of Period $ 64,610 $ 150,604 $ 215,214 $ 49,008 $ 219,704 $ 268,712 Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance 19,132 292 19,424 41,475 1,552 43,027 Accretion of Initial Credit Loss Allowance on PCD Securities — 125 125 — 440 440 Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance (38) (3,145) (3,183) (278) (11,972) (12,250) Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance 105 39,666 39,771 17,233 (9,805) 7,428 Balances Charged Off (22,840) — (22,840) (46,469) (12,377) (58,846) Balance, as of End of Period $ 60,969 $ 187,542 $ 248,511 $ 60,969 $ 187,542 $ 248,511 Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 Corporate Structured Total Corporate Structured Total Balance, as of beginning of period $ 22,951 $ 206,347 $ 229,298 $ 1,298 $ 127,034 $ 128,332 Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance 111 6,325 6,436 20,848 53,333 74,181 Accretion of Initial Credit Loss Allowance on PCD Securities — 237 237 — 924 924 Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance (584) (3,836) (4,420) (584) (10,497) (11,081) Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance (4,038) (27,314) (31,352) (3,122) 10,965 7,843 Balance, as of End of Period $ 18,440 $ 181,759 $ 200,199 $ 18,440 $ 181,759 $ 200,199 Mortgage and other loan receivables Changes in the allowance for credit losses on mortgage and other loan receivables held by Global Atlantic are summarized below: Three Months Ended September 30, 2024 Nine Months Ended September 30, 2024 Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Balance, as of Beginning of Period $ 308,367 $ 90,234 $ 202,655 $ 601,256 $ 319,631 $ 107,204 $ 175,608 $ 602,443 Net Provision (Release) 64,482 8,263 19,548 92,293 151,822 (5,925) 117,852 263,749 Charge-offs (44,487) (2,334) (34,932) (81,753) (143,091) (5,116) (117,496) (265,703) Recoveries of Amounts Previously Charged-off 3,564 — 5,884 9,448 3,564 — 17,191 20,755 Balance, as of End of Period $ 331,926 $ 96,163 $ 193,155 $ 621,244 $ 331,926 $ 96,163 $ 193,155 $ 621,244 Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Balance, as of Beginning of Period $ 239,866 $ 139,936 $ 198,247 $ 578,049 $ 227,315 $ 125,824 $ 207,089 $ 560,228 Net Provision (Release) 21,725 (14,663) 22,762 29,824 48,276 2,871 73,368 124,515 Charge-offs — (2,648) (41,520) (44,168) (14,000) (6,070) (111,468) (131,538) Recoveries of Amounts Previously Charged-off — — 5,334 5,334 — — 15,834 15,834 Balance, as of End of Period $ 261,591 $ 122,625 $ 184,823 $ 569,039 $ 261,591 $ 122,625 $ 184,823 $ 569,039 Proceeds and gross gains and losses from voluntary sales The proceeds from voluntary sales and the gross gains and losses on those sales of available-for-sale ("AFS") fixed maturity securities were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 AFS Fixed Maturity Securities: Proceeds from Voluntary Sales $ 6,975,389 $ 1,180,675 $ 15,934,858 $ 4,316,003 Gross Gains $ 51,468 $ 15,152 $ 95,192 $ 45,717 Gross Losses $ (334,092) $ (27,499) $ (453,105) $ (108,355) The following reflects the reconciliation of the components of insurance intangibles to the total balance reported in the consolidated statements of financial condition as of September 30, 2024 and December 31, 2023: September 30, December 31, 2024 2023 Deferred Acquisition Costs, or "DAC" $ 1,577,789 $ 1,154,697 Value of Business Acquired 1,187,234 1,252,984 Cost-of-reinsurance Intangibles 2,327,885 2,043,143 Total Insurance Intangibles $ 5,092,908 $ 4,450,824 Deferred acquisition costs The following tables reflect the deferred acquisition costs roll-forward by product category for the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Other Total Balance, as of the Beginning of the Period $ 373,863 $ 481,970 $ 132,079 $ 166,785 $ 1,154,697 Capitalizations 178,589 292,109 6,266 112,252 589,216 Amortization Expense (78,606) (67,183) (6,486) (13,849) (166,124) Balance, as of the End of the Period $ 473,846 $ 706,896 $ 131,859 $ 265,188 $ 1,577,789 Nine Months Ended September 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Other Total Balance, as of the Beginning of the Period $ 221,679 $ 367,813 $ 116,021 $ 115,457 $ 820,970 Capitalizations 134,484 129,891 21,601 52,379 338,355 Amortization Expense (45,989) (43,608) (5,357) (10,985) (105,939) Balance, as of the End of the Period $ 310,174 $ 454,096 $ 132,265 $ 156,851 $ 1,053,386 Value of business acquired The following tables reflect the value of business acquired, or “VOBA” asset roll-forward by product category for the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 44,922 $ 621,372 $ 262,942 $ 245,042 $ 78,706 $ 1,252,984 Amortization Expense (2,784) (32,223) (10,212) (15,491) (5,040) (65,750) Balance, as of the End of the Period $ 42,138 $ 589,149 $ 252,730 $ 229,551 $ 73,666 $ 1,187,234 Nine Months Ended September 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 48,762 $ 663,296 $ 276,795 $ 241,778 $ 85,898 $ 1,316,529 Amortization Expense (2,893) (31,020) (10,338) (18,414) (5,448) (68,113) Balance, as of the End of the Period $ 45,869 $ 632,276 $ 266,457 $ 223,364 $ 80,450 $ 1,248,416 The following tables reflect the negative value of business acquired, or “negative VOBA” liability roll-forward by product category for the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 65,966 $ 106,538 $ 421,213 $ 91,295 $ 182,920 $ 867,932 Amortization Expense (17,221) (24,518) (22,349) (4,622) (10,053) (78,763) Balance, as of the End of the Period $ 48,745 $ 82,020 $ 398,864 $ 86,673 $ 172,867 $ 789,169 Nine Months Ended September 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 98,342 $ 145,610 $ 461,592 $ 99,776 $ 198,804 $ 1,004,124 Amortization Expense (24,725) (29,519) (26,634) (6,897) (12,420) (100,195) Balance, as of the End of the Period $ 73,617 $ 116,091 $ 434,958 $ 92,879 $ 186,384 $ 903,929 Unearned revenue reserves and unearned front-end loads Nine Months Ended September 30, 2024 2023 Preneed Balance, as of the Beginning of the Period $ 178,053 $ 118,186 Deferral 52,210 54,636 Amortized to Income during the Period (12,010) (8,480) Balance, as of the End of the Period $ 218,253 $ 164,342 Significant inputs, judgments, assumptions for DAC and related amortization amounts Global Atlantic considers surrender rates, mortality rates, and other relevant policy decrements in determining the expected life of the contract. As a part of Global Atlantic's actual experience update for the nine months ended September 30, 2024, Global Atlantic concluded that there was no material change in relevant inputs, judgments, or assumptions requiring an update of the amortization rate for DAC and related amortization amounts. For the nine months ended September 30, 2023, Global Atlantic updated mortality and surrender rates. These updates reduced the amortization rate for DAC and related amortization amounts by $1.1 million per quarter.

REINSURANCE

REINSURANCE	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
REINSURANCE	REINSURANCE Global Atlantic maintains a number of reinsurance treaties with third parties whereby Global Atlantic assumes annuity and life policies on a coinsurance, modified coinsurance or funds withheld basis. Global Atlantic also maintains other reinsurance treaties including the cession of certain annuity, life and health policies. The effects of all reinsurance agreements on the consolidated statements of financial condition were as follows: September 30, 2024 December 31, 2023 Policy Liabilities: Direct $ 82,402,530 $ 75,715,857 Assumed 101,647,880 84,342,414 Total Policy Liabilities 184,050,410 160,058,271 Ceded (1) (46,042,433) (35,773,958) Net Policy Liabilities $ 138,007,977 $ 124,284,313 (1) Reported within reinsurance recoverable within the consolidated statements of financial condition. A key credit quality indicator is a counterparty’s AM Best financial strength rating. A.M. Best ratings are an independent opinion of a reinsurer’s ability to meet ongoing obligations to policyholders. Global Atlantic mitigates counterparty credit risk by requiring collateral and credit enhancements in various forms including engaging in funds withheld at interest and modified coinsurance transactions. The following shows the amortized cost basis of Global Atlantic’s reinsurance recoverable and funds withheld receivable at interest by credit quality indicator and any associated credit enhancements Global Atlantic has obtained to mitigate counterparty credit risk: As of September 30, 2024 As of December 31, 2023 A.M. Best Rating (1) Reinsurance Recoverable and Funds Withheld Receivable at Interest Credit Enhancements (2) Net Reinsurance Credit Exposure (3) Reinsurance Recoverable and Funds Withheld Receivable at Interest Credit Enhancements (2) Net Reinsurance Credit Exposure (3) A++ $ 108,924 $ — $ 108,924 $ 38,857 $ — $ 38,857 A+ 1,764,620 — 1,764,620 1,801,954 — 1,801,954 A 2,149,024 — 2,149,024 2,212,800 — 2,212,800 A- 4,108,309 3,600,954 507,355 4,430,484 3,814,976 615,508 B++ 700 — 700 589 — 589 B+ — — — — — — B — — — — — — B- — — — — — — C++/C+ (230) — — (228) — — Not Rated or Private Rating (4) 40,809,162 41,788,353 — 30,859,068 30,210,350 648,718 Total $ 48,940,509 $ 45,389,307 $ 4,530,623 $ 39,343,524 $ 34,025,326 $ 5,318,426 (1) Ratings are periodically updated (at least annually) as A.M. Best issues new ratings. (2) Credit enhancements primarily include funds withheld payable at interest. (3) Includes credit loss allowance of $23.2 million and $21.0 million as of September 30, 2024 and December 31, 2023, respectively, held against reinsurance recoverable and funds withheld receivable at interest. (4) Includes $40.8 billion and $30.8 billion as of September 30, 2024 and December 31, 2023, respectively, associated with cessions to co-investment vehicles (the "sponsored reinsurance vehicles") that participate in qualifying reinsurance transactions sourced by Global Atlantic. As of September 30, 2024 and December 31, 2023, Global Atlantic had $2.6 billion and $2.7 billion of funds withheld receivable at interest, respectively, with six counterparties related to modified coinsurance and funds withheld contracts. The assets supporting the funds withheld receivable at interest balance are held in trusts for the benefit of Global Atlantic. The effects of reinsurance on the consolidated statements of operations were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Net Premiums: Direct $ 128,276 $ 26,153 $ 293,649 $ 92,061 Assumed 893,449 435,931 11,625,814 2,189,835 Ceded (400,507) (241,872) (4,325,929) (961,631) Net Premiums $ 621,218 $ 220,212 $ 7,593,534 $ 1,320,265 Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Policy Fees: Direct $ 235,567 $ 229,351 $ 691,415 $ 686,251 Assumed 377,621 104,842 816,592 315,104 Ceded (237,817) (20,177) (469,789) (58,155) Net Policy Fees $ 375,371 $ 314,016 $ 1,038,218 $ 943,200 Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Net Policy Benefits and Claims: Direct $ 1,340,829 $ 302,553 $ 3,137,429 $ 2,035,840 Assumed 2,162,227 767,329 14,544,107 3,367,807 Ceded (1,081,361) (322,644) (5,799,612) (1,393,341) Net Policy Benefits and Claims $ 2,421,695 $ 747,238 $ 11,881,924 $ 4,010,306 Global Atlantic holds collateral for and provides collateral to its reinsurance clients. Global Atlantic held $46.9 billion and $36.7 billion of collateral in the form of funds withheld payable at interest on behalf of its reinsurers as of September 30, 2024 and December 31, 2023, respectively. As of both September 30, 2024 and December 31, 2023, reinsurers held collateral of $1.2 billion on behalf of Global Atlantic. A significant portion of the collateral that Global Atlantic provides to its reinsurance clients is provided in the form of assets held in a trust for the benefit of the counterparty. As of September 30, 2024 and December 31, 2023, these trusts held in excess of the $98.9 billion and $81.8 billion of assets they are required to hold in order to support reserves of $97.3 billion and $79.4 billion, respectively. Of the cash held in trust, Global Atlantic classified $186.1 million and $90.8 million as restricted as of September 30, 2024 and December 31, 2023, respectively.

NET INCOME (LOSS) ATTRIBUTABLE

NET INCOME (LOSS) ATTRIBUTABLE TO KKR & CO. INC. PER SHARE OF COMMON STOCK	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
NET INCOME (LOSS) ATTRIBUTABLE TO KKR & CO. INC. PER SHARE OF COMMON STOCK	NET INCOME (LOSS) ATTRIBUTABLE TO KKR & CO. INC. PER SHARE OF COMMON STOCK For the three and nine months ended September 30, 2024 and 2023, basic and diluted Net Income (Loss) attributable to KKR & Co. Inc. per share of common stock were calculated as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Net Income (Loss) Available to KKR & Co. Inc. $ 600,550 $ 1,472,878 $ 1,950,690 $ 2,640,085 (+) Series C Mandatory Convertible Preferred Dividend (if dilutive) — 17,248 — 51,747 Net Income (Loss) Available to KKR & Co. Inc. $ 600,550 $ 1,490,126 $ 1,950,690 $ 2,691,832 Basic Net Income (Loss) Per Share of Common Stock Weighted Average Shares of Common Stock Outstanding - Basic 887,444,991 862,123,088 886,618,138 861,598,674 Net Income (Loss) Attributable to KKR & Co. Inc. $ 0.68 $ 1.71 $ 2.20 $ 3.06 Diluted Net Income (Loss) Per Share of Common Stock Weighted Average Shares of Common Stock Outstanding - Basic 887,444,991 862,123,088 886,618,138 861,598,674 Incremental Common Shares: Assumed vesting of dilutive equity awards (1) 54,522,488 24,412,604 46,461,239 24,720,901 Assumed conversion of Series C Mandatory Convertible Preferred Stock — 22,521,288 — 25,397,130 Weighted Average Shares of Common Stock Outstanding - Diluted 941,967,479 909,056,980 933,079,377 911,716,705 Net Income (Loss) Attributable to KKR & Co. Inc. $ 0.64 $ 1.64 $ 2.09 $ 2.95 (1) For the three and nine months ended September 30, 2024 and 2023, Weighted Average Shares of Common Stock Outstanding – Diluted includes unvested equity awards, including certain equity awards that have met their market price-based vesting condition but have not satisfied their service-based vesting condition. Vesting of these equity awards dilute equity holders of KKR Group Partnership, including KKR & Co. Inc. and holders of exchangeable securities pro rata in accordance with their respective ownership interests in KKR Group Partnership. Exchangeable Securities For the three and nine months ended September 30, 2024 and 2023, vested restricted holdings units (as defined in Note 19 "Equity Based Compensation") have been excluded from the calculation of Net Income (Loss) Attributable to KKR & Co. Inc. Per Share of Common Stock - Diluted since the exchange of these units would not dilute KKR & Co. Inc.'s ownership interests in KKR Group Partnership. See Note 1 "Organization" in our financial statements. Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Weighted Average Vested Restricted Holdings Units 7,000,723 3,909,477 6,584,764 3,495,802 Market Condition Awards For the three months ended September 30, 2024 and 2023, 16.6 million and 26.8 million, respectively, and for the nine months ended September 30, 2024 and 2023, 25.3 million and 23.9 million, respectively, of unvested equity awards that are subject to market price based and service-based vesting conditions were excluded from the calculation of Net Income (Loss) Attributable to KKR & Co. Inc. Per Share of Common Stock - Diluted since the market price based vesting condition was not satisfied. See Note 19 "Equity Based Compensation" in our financial statements.

OTHER ASSETS AND ACCRUED EXPENS

OTHER ASSETS AND ACCRUED EXPENSES AND OTHER LIABILITIES	9 Months Ended
	Sep. 30, 2024
OTHER ASSETS AND ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER LIABILITIES
OTHER ASSETS AND ACCRUED EXPENSES AND OTHER LIABILITIES	OTHER ASSETS AND ACCRUED EXPENSES AND OTHER LIABILITIES Other Assets consist of the following: September 30, 2024 December 31, 2023 Asset Management and Strategic Holdings Unsettled Investment Sales (1) $ 462,971 $ 271,544 Receivables 293,465 55,602 Due from Broker (2) 103,350 76,075 Deferred Tax Assets, net 49,474 48,580 Interest Receivable 300,983 351,999 Fixed Assets, net (3) 866,805 863,096 Foreign Exchange Contracts and Options (4) 180,689 264,621 Goodwill (5) 549,800 558,279 Intangible Assets (6) 1,595,252 1,624,648 Derivative Assets 2,442 4,792 Prepaid Taxes 97,727 211,966 Prepaid Expenses 73,033 56,828 Operating Lease Right of Use Assets (7) 693,181 358,684 Deferred Financing Costs 20,776 19,213 Other 262,270 209,296 Total Asset Management and Strategic Holdings $ 5,552,218 $ 4,975,223 Insurance Deferred Tax Assets, net $ 2,579,891 $ 2,273,757 Accrued Investment Income 1,491,638 1,220,781 Goodwill 501,496 501,496 Intangible Assets and Deferred Sales Inducements (8) 333,373 258,529 Premiums and Other Account Receivables 241,840 188,136 Other 222,729 152,486 Operating Lease Right of Use Assets (7) 167,824 172,955 Unsettled Investment Sales (1) and Derivative Collateral Receivables 139,468 27,562 Derivative Assets 86,075 45,694 Prepaid Taxes 49,748 42,294 Market Risk Benefit Asset 377 17 Total Insurance $ 5,814,459 $ 4,883,707 Total Other Assets $ 11,366,677 $ 9,858,930 (1) Primarily includes amounts due from third parties for investments sold for which cash settlement has not occurred. (2) Represents amounts held at clearing brokers resulting from securities transactions. (3) Net of accumulated depreciation and amortization of $309.9 million and $257.4 million as of September 30, 2024 and December 31, 2023, respectively. Depreciation and amortization expense of $18.4 million and $18.3 million for the three months ended September 30, 2024 and 2023, respectively, and $54.3 million and $50.7 million, for the nine months ended September 30, 2024 and 2023, respectively, are included in General, Administrative and Other in the accompanying consolidated statements of operations. Additionally, KKR’s fixed assets are predominantly located in the United States. (4) Represents derivative financial instruments used to manage foreign exchange risk arising from certain foreign currency denominated investments. Such instruments are measured at fair value with changes in fair value recorded in Net Gains (Losses) from Investment Activities in the accompanying consolidated statements of operations. See Note 4 "Net Gains (Losses) from Investment Activities - Asset Management and Strategic Holdings" in our financial statements for the net changes in fair value associated with these instruments. (5) As of September 30, 2024, the carrying value of goodwill is recorded and assessed for impairment at the reporting unit. As of September 30, 2024, there are approximately $(42.7) million of cumulative foreign currency translation adjustments included in AOCI related to the goodwill recorded as result of the acquisition of KJRM. (6) As of September 30, 2024, there are approximately $(145.7) million of cumulative foreign currency translation adjustments included in AOCI related to the intangible assets recorded as result of the acquisition of KJRM. (7) For Asset Management, non-cancelable operating leases consist of leases for office space in North America, Europe, Asia and Australia. KKR is the lessee under the terms of the operating leases. The operating lease cost was $25.8 million and $17.6 million for the three months ended September 30, 2024 and 2023, respectively, and $59.0 million and $51.0 million for the nine months ended September 30, 2024 and 2023, respectively. For Insurance, non-cancelable operating leases consist of leases for office space and land in the U.S. For the three months ended September 30, 2024 and 2023, the operating lease cost was $5.0 million and $7.0 million, respectively, and for the nine months ended September 30, 2024 and 2023, the operating lease cost was $14.9 million and $20.6 million, respectively. (8) The definite life intangible assets are amortized using the straight-line method over the useful life of the assets which is an average of 13 years. The indefinite life intangible assets are not subject to amortization. The amortization expense of definite life intangible assets was $4.7 million and $4.4 million for the three months ended September 30, 2024 and 2023, respectively, and $13.5 million and $13.2 million for the nine months ended September 30, 2024 and 2023, respectively. Accrued Expenses and Other Liabilities consist of the following: September 30, 2024 December 31, 2023 Asset Management and Strategic Holdings Amounts Payable to Carry Pool (1) $ 4,710,805 $ 2,664,694 Unsettled Investment Purchases (2) 1,250,848 574,986 Securities Sold Short (3) 106,708 149,136 Derivative Liabilities 3,595 2,382 Accrued Compensation and Benefits 384,923 210,625 Interest Payable 491,225 492,501 Foreign Exchange Contracts and Options (4) 575,940 441,608 Accounts Payable and Accrued Expenses 508,589 221,851 Taxes Payable 167,272 39,255 Uncertain Tax Positions 26,433 23,579 Unfunded Revolver Commitments 103,926 94,683 Operating Lease Liabilities (5) 705,583 360,852 Deferred Tax Liabilities, net 2,707,971 2,370,118 Other Liabilities 175,867 72,145 Total Asset Management and Strategic Holdings $ 11,919,685 $ 7,718,415 Insurance Accrued Expenses $ 567,668 $ 607,262 Unsettled Investment Purchases (2) and Derivative Collateral Liabilities 592,023 205,669 Insurance Operations Balances in Course of Settlement 241,481 250,367 Securities Sold Under Agreements to Repurchase 202,688 1,358,434 Derivative Liabilities 191,626 146,197 Operating Lease Liabilities (5) 188,643 193,566 Accrued Employee Related Expenses 122,243 370,984 Interest Payable 64,665 15,894 Tax Payable to Former Parent Company 48,932 62,545 Accounts and Commissions Payable 36,117 32,104 Other Tax Related Liabilities 19,974 12,984 Total Insurance $ 2,276,060 $ 3,256,006 Total Accrued Expenses and Other Liabilities $ 14,195,745 $ 10,974,421 (1) Represents the amount of carried interest payable to current and former KKR employees arising from KKR's investment funds and co-investment vehicles that provide for carried interest. (2) Primarily includes amounts owed to third parties for investment purchases for which cash settlement has not occurred. (3) Represents the obligations of KKR to deliver a specified security at a future point in time. Such securities are measured at fair value with changes in fair value recorded in Net Gains (Losses) from Investment Activities in the accompanying consolidated statements of operations. See Note 4 "Net Gains (Losses) from Investment Activities - Asset Management and Strategic Holdings" in our financial statements for the net changes in fair value associated with these instruments. (4) Represents derivative financial instruments used to manage foreign exchange risk arising from certain foreign currency denominated investments. Such instruments are measured at fair value with changes in fair value recorded in Net Gains (Losses) from Investment Activities in the accompanying consolidated statements of operations. See Note 4 "Net Gains (Losses) from Investment Activities - Asset Management and Strategic Holdings" in our financial statements for the net changes in fair value associated with these instruments. (5) For Asset Management, operating leases for office space have remaining lease terms that range from approximately 1 year to 16 years, some of which include options to extend the leases from 5 years to 10 years. The weighted average remaining lease terms were 13.3 years and 10.3 years as of September 30, 2024 and December 31, 2023, respectively. The weighted average discount rates were 3.6% and 2.9% as of September 30, 2024 and December 31, 2023, respectively. For Insurance, operating leases for office space have remaining lease terms that range from approximately 1 year to 11 years, some of which include options to extend the leases for up to 10 years. The weighted average remaining lease terms were 7.5 years and 7.6 years as of September 30, 2024 and December 31, 2023, respectively. The weighted average discount rates were 4.7% and 4.4% as of September 30, 2024 and December 31, 2023, respectively. The weighted average remaining lease terms for land were 42.7 years and 43.7 years as of September 30, 2024 and December 31, 2023, respectively.

VARIABLE INTEREST ENTITIES

VARIABLE INTEREST ENTITIES	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
VARIABLE INTEREST ENTITIES	VARIABLE INTEREST ENTITIES Consolidated VIEs KKR consolidates certain VIEs in which it is determined that KKR is the primary beneficiary. The consolidated VIEs are predominately CLOs and certain investment funds sponsored by KKR. The primary purpose of these VIEs is to provide strategy specific investment opportunities to earn investment gains, current income or both in exchange for management fees and performance income. KKR's investment strategies differ for these VIEs; however, the fundamental risks have similar characteristics, including loss of invested capital and loss of management fees and performance income. KKR does not provide performance guarantees and has no other financial obligation to provide funding to these consolidated VIEs, beyond amounts previously committed, if any. Furthermore, KKR consolidates certain VIEs that are formed by Global Atlantic to either (i) hold investments, including fixed maturity securities, consumer and other loans, renewable energy, transportation and real estate, or (ii) to conduct certain reinsurance activities with third party commitments. Unconsolidated VIEs KKR holds variable interests in certain VIEs which are not consolidated as it has been determined that KKR is not the primary beneficiary. VIEs that are not consolidated predominantly include certain investment funds sponsored by KKR as well as certain investment partnerships where Global Atlantic retains an economic interest. KKR's investment strategies differ by investment fund; however, the fundamental risks have similar characteristics, including loss of invested capital and loss of management fees and performance income. KKR's maximum exposure to loss as a result of its investments in the unconsolidated investment funds is the carrying value of such investments, including KKR's capital interest and any unrealized carried interest. Accordingly, disaggregation of KKR's involvement by type of unconsolidated investment fund would not provide more useful information. For these unconsolidated investment funds in which KKR is the sponsor, KKR may have an obligation as general partner to provide commitments to such investment funds. As of September 30, 2024, KKR's commitments to these unconsolidated investment funds were $3.1 billion. KKR has not provided any financial support other than its obligated amount as of September 30, 2024. Additionally, Global Atlantic also has unfunded commitments of $25.8 million in relation to other investment partnership interests as of September 30, 2024. As of September 30, 2024 and December 31, 2023, the maximum exposure to loss, before allocations to the carry pool and noncontrolling interests, if any, for those VIEs in which KKR is determined not to be the primary beneficiary but in which it has a variable interest is as follows: Asset Management and Strategic Holdings September 30, 2024 December 31, 2023 Investments $ 9,923,819 $ 7,877,904 Due from (to) Affiliates, net 1,623,889 1,097,939 Maximum Exposure to Loss $ 11,547,708 $ 8,975,843 Insurance Other Investment Partnerships $ 761,013 $ 169,265 Investment in Renewable Energy 44,762 55,485 Maximum Exposure to Loss $ 805,775 $ 224,750 Total Maximum Exposure to Loss $ 12,353,483 $ 9,200,593

DEBT OBLIGATIONS

DEBT OBLIGATIONS	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
DEBT OBLIGATIONS	DEBT OBLIGATIONS Asset Management and Strategic Holdings Debt Obligations KKR enters into credit agreements and issues debt for its general operating and investment purposes. KKR's Asset Management and Strategic Holdings debt obligations consisted of the following: September 30, 2024 December 31, 2023 By remaining maturity at Financing Available Principal Carrying Value Fair Financing Available Principal Carrying Value Fair Revolving Credit Facilities: (1) Under 1 Year 750,000 — — — 750,000 — — — 1-5 Years 3,468,644 — — — 2,236,492 — — — After 5 Years — — — — — — — — Subtotal 4,218,644 — — — 2,986,492 — — — KKR USD Senior Notes: (2)(3)(6)(8) Under 1 Year — — — — — — — — 1-5 Years — 750,000 745,778 727,988 — — — — After 5 Years — 4,250,000 4,164,904 3,649,462 — 5,000,000 4,890,919 4,181,595 Subtotal — 5,000,000 4,910,682 4,377,450 — 5,000,000 4,890,919 4,181,595 KKR Yen Senior Notes: (2)(3)(6) Under 1 Year — 34,804 34,750 34,751 — — — — 1-5 Years — 909,091 905,522 904,937 — 610,552 608,047 606,447 After 5 Years — 648,058 641,011 628,480 — 363,069 357,986 337,097 Subtotal — 1,591,953 1,581,283 1,568,168 — 973,621 966,033 943,544 KKR Euro Senior Notes: (2)(3)(6) Under 1 Year — — — — — — — — 1-5 Years — 723,750 719,373 679,022 — 717,400 712,331 646,248 After 5 Years — — — — — — — — Subtotal — 723,750 719,373 679,022 — 717,400 712,331 646,248 KKR Subordinated Notes: (2)(3)(7) Under 1 Year — — — — — — — — 1-5 Years — — — — — — — — After 5 Years — 500,000 487,022 407,800 — 500,000 486,755 377,400 Subtotal — 500,000 487,022 407,800 — 500,000 486,755 377,400 KFN USD Senior Notes: (2)(3)(4)(9) Under 1 Year — — — — — — — — 1-5 Years — — — — — — — — After 5 Years — 690,000 684,555 630,845 — 690,000 684,032 624,018 Subtotal — 690,000 684,555 630,845 — 690,000 684,032 624,018 KFN Junior Subordinated Notes: (2)(4)(5)(9) Under 1 Year — — — — — — — — 1-5 Years — — — — — — — — After 5 Years — 258,517 239,800 208,246 — 258,517 238,801 208,902 Subtotal — 258,517 239,800 208,246 — 258,517 238,801 208,902 Total KKR & KFN Notes 4,218,644 8,764,220 8,622,715 7,871,531 2,986,492 8,139,538 7,978,871 6,981,707 Other Debt Obligations: (1)(8) 6,600,393 37,469,365 37,018,854 36,949,425 6,618,692 37,274,503 36,907,999 36,699,920 Total 10,819,037 46,233,585 45,641,569 44,820,956 9,605,184 45,414,041 44,886,870 43,681,627 (1) Financing available is reduced by the dollar amounts specified in any issued letters of credit. (2) Carrying value includes: (i) unamortized note discount (net of premium), as applicable and (ii) unamortized debt issuance costs, as applicable. Financing costs related to the issuance of the notes have been deducted from the note liability and are being amortized over the life of the notes. (3) Interest rates of the notes are fixed and the weighted average interest rates are the following: September 30, 2024 December 31, 2023 KKR USD Senior Notes 4.23% 4.23% KKR Yen Senior Notes 1.67% 1.46% KKR Euro Senior Notes 1.63% 1.63% KKR Subordinated Notes 4.63% 4.63% KFN USD Senior Notes 5.44% 5.44% (4) These debt obligations are classified as Level III within the fair value hierarchy and valued using the same valuation methodologies as KKR's Level III credit investments. (5) Interest rates of the notes are floating and the weighted average interest rate is 8.0% and 8.1% and the weighted average years to maturity is 12.0 years and 12.8 years as of September 30, 2024 and December 31, 2023, respectively. (6) The notes are classified as Level II within the fair value hierarchy and fair value is determined by third party broker quotes. (7) The notes are classified as Level I within the fair value hierarchy and fair value is determined by quoted prices in active markets since the debt is publicly listed. (8) As of September 30, 2024 and December 31, 2023, the principal value, carrying value and fair value reflects the elimination for the portion of applicable debt obligations that are held by Global Atlantic (9) KKR consolidates and reports debt obligations of KKR Financial Holdings LLC, a KKR subsidiary ("KFN"), which are non-recourse to KKR beyond the assets of KFN. From time to time, KKR may provide credit support for the funding obligations of its subsidiaries. Third Amended and Restated Credit Agreement On July 3, 2024, KKR Group Partnership L.P. and Kohlberg Kravis Roberts & Co. L.P. (collectively, the “Borrowers”), entered into a Third Amended and Restated Credit Agreement (the “Corporate Credit Agreement”) by and among the Borrowers, the guarantors from time to time party thereto (together with the Borrowers, the “Loan Parties”), the lending institutions from time to time party thereto and HSBC Bank USA, National Association, as administrative agent (the “Administrative Agent”), which amends and restates in its entirety the Second Amended and Restated Credit Agreement, dated as of August 4, 2021 (as amended by the First Amendment and Lender Joiner Agreement, dated as of September 2, 2022), by and among the Loan Parties, the lending institutions from time to time party thereto and the Administrative Agent. The Corporate Credit Agreement provides the Borrowers with a senior unsecured multicurrency revolving credit facility (the “Corporate Credit Facility”) in an aggregate principal amount of $2.75 billion, as of July 3, 2024, with the option to request an increase in the facility amount of up to an additional $750 million, for an aggregate principal amount of $3.50 billion, subject to certain conditions. The Corporate Credit Facility is a five-year facility, scheduled to mature on July 3, 2029, with the Borrowers’ option to extend the maturity date, subject to the consent of the applicable lenders, and the Borrowers may prepay, terminate or reduce the commitments under the Corporate Credit Facility at any time without penalty. Borrowings under the Corporate Credit Facility are available for general corporate purposes and available in U.S. dollars and other currencies. Interest on borrowings in U.S. dollars under the Corporate Credit Facility will be based on either term Secured Overnight Financing Rate (SOFR) or alternate base rate, with the applicable margin per annum based on a corporate ratings-based grid. The Borrowers have agreed to pay a facility fee on the total commitments at a rate per annum also based on a corporate ratings-based grid. Borrowings under the Corporate Credit Facility are guaranteed by KKR & Co. Inc. and any entity (other than the Borrowers) that guarantees certain specified senior notes of KKR & Co. Inc.’s financing subsidiaries. Certain other terms of the Corporate Credit Agreement include: (i) financial covenants that require KKR & Co. Inc. and its subsidiaries to maintain a maximum leverage ratio (excluding the indebtedness of KKR Financial Holdings LLC and The Global Atlantic Financial Group LLC and their respective subsidiaries) of not greater than 4.0x covenant EBITDA and to maintain at least $150 billion in fee paying assets under management; (ii) customary affirmative covenants and certain negative covenants, including a limitation on the ability of the Borrowers and the guarantors to, among other things, pledge the stock of their subsidiaries; and (iii) customary events of default, upon the occurrence of which the lenders will have the ability to accelerate all outstanding loans thereunder and terminate the commitments. KKR Group Finance Co. XI LLC May 2024 Notes Offering On May 30, 2024, KKR Group Finance Co. XI LLC, an indirect subsidiary of KKR & Co. Inc., completed the offering of (i) ¥44,600,000,000 aggregate principal amount of its 1.559% Senior Notes due 2029 (the “2029 Notes”), (ii) ¥1,000,000,000 aggregate principal amount of its 1.762% Senior Notes due 2031 (the “2031 Notes”), (iii) ¥26,200,000,000 aggregate principal amount of its 2.083% Senior Notes due 2034 (the “2034 Notes”), (iv) ¥10,000,000,000 aggregate principal amount of its 2.719% Senior Notes due 2044 (the “2044 Notes”) and (v) ¥9,600,000,000 aggregate principal amount of its 3.008% Senior Notes due 2054 (the “2054 Notes” and, together with the 2029 Notes, the 2031 Notes, the 2034 Notes and the 2044 Notes, the “Yen Notes”). The Yen Notes are guaranteed by KKR & Co. Inc. and KKR Group Partnership L.P. Interest on the Yen Notes accrues from May 30, 2024 and is payable semi-annually in arrears on May 30 and November 30 of each year, commencing on November 30, 2024 and ending on the applicable maturity date unless earlier redeemed. The Yen Notes are unsecured and unsubordinated obligations of KKR Group Finance Co. XI LLC. The Yen Notes are fully and unconditionally guaranteed, jointly and severally, by each of the guarantors. The guarantees are unsecured and unsubordinated obligations of the guarantors. The Yen Notes were issued pursuant to an indenture dated as of April 26, 2022, among KKR Group Finance Co. XI LLC, KKR Group Co. Inc. (formerly known as KKR & Co. Inc.), KKR Group Partnership and The Bank of New York Mellon Trust Company, N.A., as trustee (as supplemented, the “Indenture”). The Indenture includes covenants, including limitations on KKR Group Finance Co. XI LLC’s and the guarantors’ ability to, subject to exceptions, incur indebtedness secured by liens on voting stock or profit participating equity interests of their subsidiaries or merge, consolidate or sell, transfer or convey all or substantially all of their assets. The Indenture also provides for events of default and further provides that the trustee or the holders of not less than 25% in aggregate principal amount of the outstanding Yen Notes may declare the Yen Notes immediately due and payable upon the occurrence and during the continuance of any event of default after expiration of any applicable grace period. In the case of specified events of bankruptcy, insolvency, receivership or reorganization, the principal amount of the Yen Notes and any accrued and unpaid interest on the Yen Notes automatically become due and payable. If a change of control repurchase event occurs, the Yen Notes are subject to repurchase by KKR Group Finance Co. XI LLC at a repurchase price in cash equal to 101% of the aggregate principal amount of the Yen Notes repurchased plus any accrued and unpaid interest on the Yen Notes repurchased to, but not including, the date of repurchase. KCM 364-Day Revolving Credit Facility On April 4, 2024, KKR Capital Markets Holdings L.P. and certain other capital markets subsidiaries (the "KCM Borrowers") replaced their existing 364-day revolving credit agreement with a new 364-day revolving credit agreement (the "KCM 364-Day Revolving Credit Facility”) with Mizuho Bank, Ltd., as administrative agent, and one or more lenders party thereto. The KCM 364-Day Revolving Credit Facility replaces the prior 364-day revolving credit facility, dated as of April 7, 2023, between the KCM Borrowers and the administrative agent, and one or more lenders party to the prior facility, which was terminated according to its terms on April 4, 2024. The KCM 364-Day Revolving Credit Facility provides for revolving borrowings up to $750 million, expires on April 3, 2025, and ranks pari passu with the existing $750 million revolving credit facility provided by them for KKR's capital markets business (the "KCM Credit Facility"). If a borrowing is made under the KCM 364-Day Revolving Credit Agreement, the interest rate will vary depending on the type of drawdown requested. If the borrowing is (i) denominated in U.S. dollars and a term rate, it will be based on the term Secured Overnight Financing Rate ("SOFR"), (ii) denominated in euros, it will be based on EURIBOR and (iii) denominated in pounds sterling, it will be based on the Sterling Overnight Interbank Average Rate ("SONIA"), in each case, plus the applicable margin which ranges initially between 1.50% and 2.75%, depending on the duration of the loan. If the borrowing is an ABR Loan, it will be based on the greater of (i) the federal funds rate plus 0.50% and (ii) term SOFR for one-month tenor plus 1.00%, in each case, plus the applicable margin which ranges initially between 0.50% and 1.75% depending on the amount and nature of the loan. Borrowings under the KCM 364-Day Revolving Credit Agreement may only be used to facilitate the settlement of debt transactions syndicated by KKR's capital markets business. Obligations under the KCM 364-Day Revolving Credit Agreement are limited to the KCM Borrowers, which are solely entities involved in KKR's capital markets business, and liabilities under the KCM 364-Day Revolving Credit Agreement are non-recourse to other parts of KKR. The KCM 364-Day Revolving Credit Facility contains customary representations and warranties, events of default, and affirmative and negative covenants, including a financial covenant providing for a maximum debt to equity ratio for the KCM Borrowers. The KCM Borrowers' obligations under the KCM 364-Day Revolving Credit Facility are secured by certain assets of the KCM Borrowers, including a pledge of equity interests of certain subsidiaries of the KCM Borrowers. KCM Credit Facility On April 4, 2024, the KCM Borrowers (as defined above) also entered into a fourth amended and restated 5-year revolving credit agreement (the “KCM Credit Facility”) with Mizuho Bank, Ltd., as administrative agent, and the lenders party thereto. This facility provides for revolving borrowings of up to $750 million with a $750 million sublimit for letters of credit, expires on April 4, 2029 and ranks pari passu with the KCM 364-Day Revolving Credit Facility. The prior facility for the KCM Borrowers, dated as of March 20, 2020 (as amended), between the KCM Borrowers, Mizuho Bank, Ltd., as administrative agent, and the lenders party thereto, was terminated according to its terms on April 4, 2024 and replaced by the KCM Credit Facility. If a borrowing is made on the KCM Credit Facility, the interest rate will vary depending on the type of drawdown requested. If the borrowing is (i) denominated in U.S. dollars and a term rate, it will be based on term SOFR, (ii) denominated in euros, it will be based on EURIBOR and (iii) denominated in pounds sterling, it will be based on SONIA, in each case, plus the applicable margin which ranges initially between 1.75% and 3.00%, depending on the amount and nature of the loan. If the loan is an ABR Loan, it will be based on the greater of (i) the federal funds rate plus 0.50% and (ii) term SOFR for one-month tenor plus 1.00%, in each case, plus the applicable margin which ranges initially between 0.75% and 2.00% depending on the amount and nature of the loan. Obligations under the KCM Credit Facility may only be used for KKR’s capital markets business, and its only obligors are entities involved in KKR’s capital markets business, and its liabilities are non-recourse to other parts of KKR’s business. The KCM Credit Facility contains customary representations and warranties, events of default, and affirmative and negative covenants, including a financial covenant providing for a maximum debt to equity ratio for the KCM Borrowers. The KCM Borrowers’ obligations under the KCM Credit Facility are secured by certain assets of the KCM Borrowers, including a pledge of equity interests of certain subsidiaries of the KCM Borrowers. Other Asset Management and Strategic Holdings Debt Obligations Certain of KKR's consolidated investment funds have entered into financing arrangements with financial institutions, generally to provide liquidity to such investment funds. These financing arrangements are generally not direct obligations of the general partners of KKR's investment funds (beyond KKR's capital interest) or its management companies. Such borrowings have varying maturities and bear interest at floating rates. Borrowings are generally secured by the investment purchased with the proceeds of the borrowing and/or the uncalled capital commitment of each respective fund. When an investment vehicle borrows, the proceeds are available only for use by that investment vehicle and are not available for the benefit of other investment vehicles or KKR. Collateral within each investment vehicle is also available only against borrowings by that investment vehicle and not against the borrowings of other investment vehicles or KKR. In certain other cases, investments and other assets held directly by majority-owned consolidated investment vehicles and other entities have been funded with borrowings that are collateralized by the investments and assets they own. These borrowings are non-recourse to KKR beyond the investments or assets serving as collateral or the capital that KKR has committed to fund such investment vehicles. Such borrowings have varying maturities and generally bear interest at fixed rates. In addition, consolidated CFEs issue debt securities to third-party investors which are collateralized by assets held by the CFE. Debt securities issued by CFEs are supported solely by the assets held at the CFEs and are not collateralized by assets of any other KKR entity. CFEs also may have warehouse facilities with banks to provide liquidity to the CFE. The CFE's debt obligations are non-recourse to KKR beyond the assets of the CFE. As of September 30, 2024, other debt obligations consisted of the following: Financing Available Principal Carrying Value Fair Value Weighted Weighted Average Remaining Maturity in Years Financing Facilities of Consolidated Funds and Other (1) $ 6,600,393 $ 10,849,643 $ 10,829,756 $ 10,760,327 6.2% 4.4 Debt Obligations of Consolidated CFEs — 26,619,722 26,189,098 26,189,098 (2) 10.0 $ 6,600,393 $ 37,469,365 $ 37,018,854 $ 36,949,425 (1) Includes borrowings collateralized by fund investments, fund co-investments and other assets held by levered investment vehicles of $2.8 billion. (2) The senior notes of the consolidated CFEs had a weighted average interest rate of 6.7%. The subordinated notes of the consolidated CLOs do not have contractual interest rates but instead receive a pro rata amount of the net distributions from the excess cash flows of the respective CLO vehicle. Accordingly, weighted average borrowing rates for the subordinated notes are based on cash distributions during the period, if any. Debt obligations of consolidated CLOs are collateralized by assets held by each respective CLO vehicle and assets of one CLO vehicle may not be used to satisfy the liabilities of another. As of September 30, 2024, the fair value of the consolidated CLO assets was $28.8 billion. This collateral consisted of Cash and Cash Equivalents, Investments, and Other Assets. Global Atlantic's debt obligations consisted of the following: September 30, 2024 December 31, 2023 By remaining maturity at Financing Available Principal Carrying Value (1) Fair Value (2) Financing Available Principal Carrying Value (1) Fair Value (2) Revolving Credit Facilities: Under 1 Year — — — — — — — — 1-5 Years 1,000,000 — — — 800,000 200,000 200,000 200,000 After 5 Years — — — — — — — — Subtotal 1,000,000 — — — 800,000 200,000 200,000 200,000 Senior Notes: (4) Under 1 Year — — — — — — — — 1-5 Years — — — — — — — — After 5 Years — 2,550,000 2,449,420 2,594,710 — 1,800,000 1,648,467 1,715,155 Subtotal — 2,550,000 2,449,420 2,594,710 — 1,800,000 1,648,467 1,715,155 Subordinated Notes: (4) Under 1 Year — — — — — — — — 1-5 Years — — — — — — — — After 5 Years — 1,350,000 1,329,498 1,345,980 — 750,000 739,390 643,575 Subtotal — 1,350,000 1,329,498 1,345,980 — 750,000 739,390 643,575 Debt Obligations of Consolidated Special Purpose Vehicles (3) 307,700 32,300 32,300 32,300 — — — — Total 1,307,700 3,932,300 3,811,218 3,972,990 800,000 2,750,000 2,587,857 2,558,730 (1) Carrying value of debt as of September 30, 2024 and December 31, 2023, includes purchase accounting adjustments of $35.8 million and $40.2 million, respectively, net debt issuance costs of $(58.6) million and $(36.5) million, respectively, and cumulative fair value loss on hedged debt obligations of $(98.3) million and $(165.8) million, respectively. The amortization of the purchase accounting adjustments was $1.8 million and $0.8 million for the three months ended September 30, 2024 and 2023, respectively, and $4.3 million and $2.3 million for the nine months ended September 30, 2024 and 2023, respectively. (2) These debt obligations are classified as Level III within the fair value hierarchy and valued using the same valuation methodologies as KKR's Level III credit investments. (3) These debt obligations primarily include debt obligations of consolidated sponsored reinsurance vehicles that are not guaranteed by KKR or Global Atlantic. (4) Interest rates of the notes are fixed and the weighted average interest rates are the following: September 30, 2024 December 31, 2023 Senior Notes 5.67% 5.22% Subordinated Notes 6.14% 4.70% Senior Notes Due 2054 Global Atlantic (Fin) Company ("GA FinCo") and Global Atlantic Limited (Delaware) (formerly known as Global Atlantic Financial Limited, "GALD") are both Delaware corporations and wholly-owned indirect subsidiaries of TGAFG, the holding company for the Global Atlantic business. In March 2024, GA FinCo issued $750 million aggregate principal amount of 6.750% senior unsecured notes due 2054 (the “GA 2054 Senior Notes”). The GA 2054 Senior Notes were issued pursuant to an indenture, dated October 7, 2019, among GA FinCo, as issuer, GALD, as guarantor, and U.S. Bank National Association, as trustee, and supplemented by the fifth supplemental indenture thereto, dated March 15, 2024, among GA FinCo, GALD and the trustee. The GA 2054 Senior Notes are fully and unconditionally guaranteed on a senior unsecured basis by GALD. The GA 2054 Senior Notes bear interest at a rate of 6.750% per year. Interest on the GA 2054 Senior Notes is payable semi-annually in arrears on March 15 and September 15 of each year, beginning on September 15, 2024. The GA 2054 Senior Notes will mature on March 15, 2054. GA FinCo may, at its option, redeem some or all of the GA 2054 Senior Notes at any time: (i) prior to September 15, 2053 at a redemption price equal to the greater of 100% of the principal amount of the GA 2054 Senior Notes to be redeemed and a make-whole payment plus, in either case, accrued and unpaid interest, if any, to the date of redemption; and (ii) on or after September 15, 2053 at a redemption price equal to 100% of the principal amount of the GA 2054 Senior Notes to be redeemed, plus accrued and unpaid interest to the date of redemption. Global Atlantic Subordinated Notes Due 2054 On June 11 2024, GA FinCo issued $600 million of 7.950% fixed-to-fixed rate subordinated debentures maturing on October 15, 2054 (the “GA 2054 Subordinated Debentures.”) The GA 2054 Subordinated Debentures were issued pursuant to the Subordinated Indenture, dated as of July 6, 2021 among GA FinCo, as issuer, GALD, as guarantor, and U.S. Bank National Association, as trustee, as supplemented by the Second Supplemental Indenture thereto, dated as of June 11, 2024. The GA 2054 Subordinated Debentures will bear interest (i) from, and including, June 11, 2024 to, but not including, the initial interest reset date of October 15, 2029 at an annual rate of 7.95% and (ii) from and including October 15, 2029, during each interest reset period, at an annual rate equal to the five-year Treasury rate as of the most recent reset interest determination date, plus 3.608%. Interest on the GA 2054 Subordinated Debentures is payable semi-annually in arrears on April 15 and October 15 of each year, commencing on October 15, 2024, and on the maturity date. GA FinCo has the right on one or more occasions to defer the payment of interest on the GA 2054 Subordinated Debentures for up to five If GA FinCo has exercised its right to defer interest payments on the GA 2054 Subordinated Debentures, GA FinCo and GALD generally may not (1) make payments on or redeem or purchase (A) GA FinCo or GALD common stock, or (B) with respect to GA FinCo, any indebtedness ranking on parity with or junior to the GA 2054 Subordinated Debentures, and with respect to GALD, any indebtedness ranking on parity with or junior to the guarantee or (2) make any guarantee payments with respect to any guarantee by GA FinCo or GALD of any securities or any of their respective subsidiaries if such guarantee ranks equally with or junior to the GA 2054 Subordinated Debentures. GA FinCo may elect to redeem the GA 2054 Subordinated Debentures either (1) in whole at any time or in part from time to time during the three-month period prior to, and including, October 15, 2029, or the three month period prior to, and including, each subsequent interest reset date, in each case at 100% of the principal amount of the GA 2054 Subordinated Debentures being redeemed, plus accrued and unpaid interest (including compounded interest, if any) to, but excluding, the redemption date; (2) in whole, but not in part, at any time within 90 days after the occurrence of a tax event at 100% of the principal amount of the GA 2054 Subordinated Debentures being redeemed, plus accrued and unpaid interest (including compounded interest, if any) to, but excluding, the redemption date; (3) in whole, but not in part, at any time within 90 days after the occurrence of a rating agency event at 102% of the principal amount of the GA 2054 Subordinated Debentures being redeemed, plus accrued and unpaid interest (including compounded interest, if any) to, but excluding, the redemption date; or (4) in whole, but not in part, at any time within 90 days after the occurrence of a regulatory capital event at 100% of the principal amount of the GA 2054 Subordinated Debentures being redeemed, plus accrued and unpaid interest (including compounded interest, if any) to, but excluding, the redemption date. Global Atlantic Credit Agreement In March 2024, GA FinCo repaid $300 million then outstanding indebtedness under the Global Atlantic Credit Agreement with proceeds from the GA 2054 Senior Notes. In May 2024, subsequent to the end of the quarter, GA FinCo terminated the existing revolving credit facility (“RCF”) and replaced it with a new credit agreement with GA FinCo, as borrower, GALD, as guarantor, and Wells Fargo Bank, N.A., as administrative agent, that (1) provides for up to $1.0 billion of revolving borrowings, including up to $500 million of letters of credit, (2) has a maturity of May 2029, and (3) contains customary events of default, representations and warranties and covenants that are substantially similar to those that were in the terminated RCF, including the consolidated debt to capitalization and net worth covenants. Interest on any funded borrowings accrues at SOFR plus a spread ranging from 1.225% to 1.975%, based on GALD’s long-term issuer credit ratings. The borrower must pay a commitment fee on any unfunded committed balance under the agreement, ranging from 0.125% to 0.300% based on the long-term issuer credit rating. Debt Covenants Borrowings of KKR (including Global Atlantic) contain various debt covenants. These covenants do not, in management's opinion, materially restrict KKR's operating business or investment strategies as of September 30, 2024. KKR (including Global Atlantic) was in compliance with such debt covenants in all material respects as of September 30, 2024.

POLICY LIABILITIES

POLICY LIABILITIES	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
POLICY LIABILITIES	POLICY LIABILITIES The following reflects the reconciliation of the components of policy liabilities to the total balance reported in the consolidated statements of financial condition as of September 30, 2024 and December 31, 2023: September 30, 2024 December 31, 2023 Policyholders’ Account Balances $ 135,579,783 $ 125,187,354 Liability for Future Policy Benefits 28,106,885 17,823,750 Additional Liability for Annuitization, Death, or Other Insurance Benefits 7,419,341 7,129,785 Market Risk Benefit Liability 1,115,874 1,120,968 Other Policy-related Liabilities (1) 11,828,527 8,796,414 Total Policy Liabilities $ 184,050,410 $ 160,058,271 (1) Other policy-related liabilities as of September 30, 2024 and December 31, 2023 primarily consist of embedded derivatives associated with contractholder deposit funds ($5.8 billion and $4.0 billion, respectively), cost-of-reinsurance liabilities ($3.1 billion and $1.8 billion, respectively), policy liabilities accounted under a fair value option (both $1.2 billion), negative VOBA ($789.2 million and $867.9 million, respectively) and outstanding claims ($290.2 million and $235.1 million, respectively). Policyholders’ account balances The following reflects the policyholders’ account balances roll-forward for the nine months ended September 30, 2024 and 2023, and the policyholders’ account balances weighted average interest rates, net amount at risk, and cash surrender value as of those dates: Nine Months Ended September 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Funding Agreements Other (1) Total Balance as of Beginning of Period $ 56,762,736 $ 30,168,445 $ 21,969,053 $ 7,015,998 $ 9,271,122 $ 125,187,354 Issuances and Premiums Received 13,924,032 6,120,454 1,712,807 1,773,969 1,523,900 25,055,162 Benefit Payments, Surrenders, and Withdrawals (8,265,350) (4,080,626) (1,089,002) (2,373,374) (1,182,147) (16,990,499) Interest (2) 1,667,342 549,373 539,900 211,621 254,998 3,223,234 Other Activity (3) (313,286) 80,432 (832,586) 95,765 74,207 (895,468) Balance as of End of Period $ 63,775,474 $ 32,838,078 $ 22,300,172 $ 6,723,979 $ 9,942,080 $ 135,579,783 Less: Reinsurance Recoverable (11,675,265) (3,103,296) (7,555,530) — (3,644,612) (25,978,703) Balance as of End of Period, Net of Reinsurance Recoverable $ 52,100,209 $ 29,734,782 $ 14,744,642 $ 6,723,979 $ 6,297,468 $ 109,601,080 Average Interest Rate 3.98 % 2.66 % 3.29 % 4.11 % 3.31 % 3.50 % Net Amount at Risk, Gross of Reinsurance (4) $ — $ — $ 113,736,372 $ — $ 1,148,025 $ 114,884,397 Cash Surrender Value (5) $ 48,733,309 $ 32,359,977 $ 14,005,363 $ — $ 4,506,174 $ 99,604,823 (1) “Other” consists of activity related to payout annuities without life contingencies, preneed, variable annuities and life products. (2) Interest includes interest credited to policyholders’ account values, and interest accreted in other components of the policyholder account balance, including investment-type contract values, host amounts for contractholder deposits with embedded derivatives, funding agreements and other associated reserves. (3) “Other activity” includes policy charges, fees and commissions, transfers, assumption changes, fair value changes and the impact of hedge fair value adjustments. (4) Net amount at risk represents the difference between the face value of the insurance policy and the reserve accumulated under that same policy. (5) Cash surrender values are reported net of any applicable surrender charges, net of reinsurance. Nine Months Ended September 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Funding Agreements Other (1) Total Balance as of Beginning of Period $ 48,510,703 $ 29,123,926 $ 17,398,883 $ 7,535,489 $ 9,712,883 $ 112,281,884 Issuances and Premiums Received 7,719,059 3,720,623 576,427 200,000 313,270 12,529,379 Benefit Payments, Surrenders, and Withdrawals (7,070,479) (3,066,108) (657,435) (346,127) (1,167,495) (12,307,644) Interest (2) 1,071,539 381,062 359,604 166,168 222,925 2,201,298 Other Activity (3) (211,077) (151,866) (621,701) 41,007 143,141 (800,496) Balance as of End of Period $ 50,019,745 $ 30,007,637 $ 17,055,778 $ 7,596,537 $ 9,224,724 $ 113,904,421 Less: Reinsurance Recoverable (7,060,751) (3,202,249) (3,458,434) — (2,932,309) (16,653,743) Balance as of End of Period, Net of Reinsurance Recoverable $ 42,958,994 $ 26,805,388 $ 13,597,344 $ 7,596,537 $ 6,292,415 $ 97,250,678 Average Interest Rate 3.04 % 2.01 % 3.11 % 2.96 % 2.70 % 2.72 % Net Amount at Risk, Gross of Reinsurance (4) $ — $ — $ 81,855,191 $ — $ 1,176,374 $ 83,031,565 Cash Surrender Value (5) $ 40,146,309 $ 28,002,031 $ 12,637,209 $ — $ 4,733,449 $ 85,518,998 (1) “Other” consists of activity related to payout annuities without life contingencies, preneed, variable annuities and life products. (2) Interest includes interest credited to policyholders’ account values, and interest accreted in other components of the policyholder account balance, including investment-type contract values, host amounts for contractholder deposits with embedded derivatives, funding agreements and other associated reserves. (3) “Other activity” includes policy charges, fees and commissions, transfers, assumption changes, fair value changes and the impact of hedge fair value adjustments. (4) Net amount at risk represents the difference between the face value of the insurance policy and the reserve accumulated under that same policy. (5) Cash surrender values are reported net of any applicable surrender charges, net of reinsurance. The following table presents the account values by range of guaranteed minimum crediting rates and the related range of differences, in basis points, between rates being credited to policyholders and the respective guaranteed minimums. Account values, as disclosed below, differ from policyholder account balances as they exclude balances associated with index credits, contractholder deposit fund host balances, funding agreements, and other associated reserves. In addition, policyholder account balances include discounts and premiums on assumed business which are not reflected in account values. As of September 30, 2024 Account Values with Adjustable Crediting Rates Subject to Guaranteed Minimums: Range of guaranteed minimum crediting rates: At Guaranteed Minimum 1 - 49 bps Above Guaranteed Minimum 50 - 99 bps Above Guaranteed Minimum 100 - 150 bps Above Guaranteed Minimum Greater Than 150 bps Above Guaranteed Minimum Total Less Than 1.00% $ 3,365,317 $ 36,644 $ 384,982 $ 1,145,256 $ 32,188,291 $ 37,120,490 1.00% - 1.99% 1,312,708 793,703 839,310 1,899,975 10,548,229 15,393,925 2.00% - 2.99% 795,039 40,639 57,227 86,052 2,949,913 3,928,870 3.00% - 4.00% 10,539,375 1,583,309 492,946 1,221,043 1,663,767 15,500,440 Greater Than 4.00% 11,395,632 1,433,289 128,178 98,594 279,093 13,334,786 Total $ 27,408,071 $ 3,887,584 $ 1,902,643 $ 4,450,920 $ 47,629,293 $ 85,278,511 Percentage of Total 32 % 5 % 2 % 5 % 56 % 100 % As of December 31, 2023 Account Values with Adjustable Crediting Rates Subject to Guaranteed Minimums: Range of guaranteed minimum crediting rates: At Guaranteed Minimum 1 - 49 bps Above Guaranteed Minimum 50 - 99 bps Above Guaranteed Minimum 100 - 150 bps Above Guaranteed Minimum Greater Than 150 bps Above Guaranteed Minimum Total Less Than 1.00% $ 2,706,701 $ 25,839 $ 660,189 $ 3,546,450 $ 25,940,436 $ 32,879,615 1.00% - 1.99% 1,471,320 1,013,423 999,852 1,968,519 6,603,795 12,056,909 2.00% - 2.99% 896,276 44,850 55,874 109,411 1,310,234 2,416,645 3.00% - 4.00% 12,494,439 1,186,572 414,111 953,560 1,067,325 16,116,007 Greater Than 4.00% 12,095,647 1,385,538 138,112 117,561 298,493 14,035,351 Total $ 29,664,383 $ 3,656,222 $ 2,268,138 $ 6,695,501 $ 35,220,283 $ 77,504,527 Percentage of Total 38 % 5 % 3 % 9 % 45 % 100 % Liability for future policy benefits The following tables summarize the balances of, and changes in, the liability for future policy benefits for traditional and limited-payment contracts for the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 September 30, 2023 Payout Annuities (1) Other (2) Total Payout Annuities (1) Other (2) Total Present Value of Expected Net Premiums Balance as of Beginning of Period $ — $ (208,370) $ (208,370) $ — $ (255,401) $ (255,401) Balance at Original Discount Rate $ — $ (241,058) $ (241,058) $ — $ (303,610) $ (303,610) Effect of Changes in Cash Flow Assumptions — — — — 43,842 43,842 Effect of Actual Variances from Expected Experience — (100,965) (100,965) — 1,980 1,980 Adjusted Beginning of Period Balance — (342,023) (342,023) — (257,788) (257,788) Issuances — (1,178,303) (1,178,303) — — — Interest — (32,446) (32,446) — (3,347) (3,347) Net Premiums Collected — 118,970 118,970 — 24,732 24,732 Flooring Impact — — — 3 — 3 Ending Balance at Original Discount Rate — (1,433,802) (1,433,802) 3 (236,403) (236,400) Effect of Changes in Discount Rate Assumptions — 1,729 1,729 — 41,702 41,702 Balance as of End of Period $ — $ (1,432,073) $ (1,432,073) $ 3 $ (194,701) $ (194,698) Present Value of Expected Future Policy Benefits Balance as of Beginning of Period $ 17,427,353 $ 604,767 $ 18,032,120 $ 14,021,514 $ 679,807 $ 14,701,321 Balance at Original Discount Rate $ 20,040,000 $ 701,655 $ 20,741,655 $ 17,180,626 $ 806,555 $ 17,987,181 Effect of Changes in Cash Flow Assumptions (28,430) — (28,430) (1,563) (46,438) (48,001) Effect of Actual Variances from Expected Experience 8,066 (36,177) (28,111) 21,595 4,259 25,854 Adjusted Beginning of Period Balance 20,019,636 665,478 20,685,114 17,200,658 764,376 17,965,034 Issuances 2,885,218 8,910,288 11,795,506 1,971,968 354 1,972,322 Interest 467,604 231,123 698,727 311,936 7,079 319,015 Benefit Payments (1,395,141) (455,771) (1,850,912) (1,213,734) (68,821) (1,282,555) Ending Balance at Original Discount Rate 21,977,317 9,351,118 31,328,435 18,270,828 702,988 18,973,816 Effect of Changes in Discount Rate Assumptions (2,073,656) 284,179 (1,789,477) (3,806,449) (117,105) (3,923,554) Balance as of End of Period 19,903,661 9,635,297 29,538,958 14,464,379 585,883 15,050,262 Net Liability for Future Policy Benefits 19,903,661 8,203,224 28,106,885 14,464,382 391,182 14,855,564 Less: Reinsurance Recoverable (3) (10,072,105) (6,373,295) (16,445,400) (7,403,232) (3,063) (7,406,295) Net Liability for Future Policy Benefits, Net of Reinsurance Recoverables $ 9,831,556 $ 1,829,929 $ 11,661,485 $ 7,061,150 $ 388,119 $ 7,449,269 (1) Payout annuities generally only have a single premium received at contract inception. As a result, the liability for future policy benefits generally would not reflect a present value for future premiums for payout annuities. (2) “Other” consists of activity related to long-term care insurance, variable annuities, traditional life insurance, preneed insurance and fixed-rate annuity products. Mortality and morbidity risks associated with the long-term care insurance have been ceded to a third-party reinsurer. (3) Reinsurance recoverables associated with the liability for future policy benefits is net of the effect of changes in discount rate assumptions of $395.5 million and $(339.3) million for the nine months ended September 30, 2024 and 2023, respectively. The following table summarizes the amount of gross premiums related to traditional and limited-payment contracts recognized in the consolidated statements of operations for the nine months ended September 30, 2024 and 2023: Gross Premiums Nine Months Ended September 30, 2024 2023 Payout Annuities $ 3,113,638 $ 2,194,414 Other 8,771,185 50,193 Total Products $ 11,884,823 $ 2,244,607 The following table reflects the weighted-average duration and weighted-average interest rates of the future policy benefit liability as of September 30, 2024 and December 31, 2023: As of September 30, 2024 Payout Annuities Other Weighted-Average Interest Rates, Original Discount Rate 3.74 % 4.86 % Weighted-Average Interest Rates, Current Discount Rate 4.78 % 4.91 % Weighted-Average Liability Duration (Years, Current Rates) 8.67 9.69 As of December 31, 2023 Payout Annuities Other Weighted-Average Interest Rates, Original Discount Rate 3.37 % 2.57 % Weighted-Average Interest Rates, Current Discount Rate 4.95 % 4.95 % Weighted-Average Liability Duration (Years, Current Rates) 8.58 9.03 The following reflects the undiscounted ending balance of expected future gross premiums and expected future benefits and payments for traditional and limited-payment contracts, as of September 30, 2024 and December 31, 2023: As of September 30, 2024 Payout Annuities Other Expected Future Benefit Payments, Undiscounted $ 32,959,156 $ 16,567,993 Expected Future Benefit Payments, Discounted (Original Discount Rate) 21,977,317 9,351,118 Expected Future Benefit Payments, Discounted (Current Discount Rate) 19,903,661 9,635,297 Expected Future Gross Premiums, Undiscounted — 2,023,131 Expected Future Gross Premiums, Discounted (Original Discount Rate) — 1,561,598 Expected Future Gross Premiums, Discounted (Current Discount Rate) — 1,536,466 As of December 31, 2023 Payout Annuities Other Expected Future Benefit Payments, Undiscounted $ 29,164,580 $ 832,608 Expected Future Benefit Payments, Discounted (Original Discount Rate) 19,899,423 689,760 Expected Future Benefit Payments, Discounted (Current Discount Rate) 17,427,352 604,768 Expected Future Gross Premiums, Undiscounted — 377,693 Expected Future Gross Premiums, Discounted (Original Discount Rate) — 317,710 Expected Future Gross Premiums, Discounted (Current Discount Rate) — 262,653 Significant inputs, judgments and assumptions used in measuring future policyholder benefits Significant policyholder behavior and other assumption inputs to the calculation of the liability for future policy benefits include discount rates, mortality and, for life insurance, lapse rates. Global Atlantic reviews its assumptions at least annually, and more frequently if necessary. Accordingly, as part of the annual assumption review conducted during the nine months ended September 30, 2024, mortality assumptions were revised for payout annuities, which resulted in a $28.4 million increase to net income before taxes. For the nine months ended September 30, 2024 and 2023, Global Atlantic recognized $(463.9) million and $306.0 million in other comprehensive income (loss) (gross of the impact of reinsurance), respectively, due to changes in the future policy benefits estimate from updating discount rates. During the nine months ended September 30, 2024 and 2023, there were no changes to the methods used to determine the discount rates. Additional liability for annuitization, death, or other insurance benefits The following tables reflect the additional liability for annuitization, death, or other insurance benefits roll-forward for the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 2023 Balance as of Beginning of Period $ 7,251,266 $ 5,104,810 Effect of Changes in Cash Flow Assumptions (7,760) 13,773 Effect of Changes in Experience (30,523) (26,485) Adjusted Balance as of Beginning of Period 7,212,983 5,092,098 Issuances 17,695 20,054 Assessments 517,859 352,623 Benefits Paid (383,297) (292,067) Interest 179,790 104,393 Balance as of End of Period 7,545,030 5,277,101 Less: Impact of Unrealized Investment Gains and Losses 125,689 138,587 Less: Reinsurance Recoverable, End of Period 1,540,118 — Balance, End of Period, Net of Reinsurance Recoverable and Impact of Unrealized Investment Gains and Losses $ 5,879,223 $ 5,138,514 The additional liability for annuitization, death, or other insurance benefits relates primarily to secondary guarantees on certain interest-sensitive life products, and preneed insurance. The following reflects the amount of gross assessments recognized for the additional liability for annuitization, death, or other insurance benefits in the consolidated statements of operations for the nine months ended September 30, 2024 and 2023: Gross Assessments Nine Months Ended September 30, 2024 2023 Total Amount Recognized Within Revenue in the Consolidated Statements of Operations $ 530,138 $ 342,419 The following reflects the weighted average duration and weighted average interest rate for the additional liability for annuitization, death, or other insurance benefits as of September 30, 2024 and December 31, 2023: As of September 30, 2024 December 31, 2023 Weighted-Average Interest, Current Discount Rate 3.28 % 3.09 % Weighted-Average Liability Duration (Years) 26.92 27.64 Significant inputs, judgments and assumptions used in measuring the additional liabilities for annuitization, death, or other insurance benefits Significant policyholder behavior assumption inputs to the calculation of the additional liability for annuitization, death, or other insurance benefits include mortality, lapse rates, investment yields and interest margin. Global Atlantic reviews its assumptions at least annually, and more frequently if necessary. Accordingly, as part of the annual assumption review conducted during the nine months ended September 30, 2024, assumptions for lapse rates, investment yields, and interest margin were updated, which resulted in a $7.8 million decrease in the additional liability for annuitization, death, and other insurance benefits. During the nine months ended September 30, 2023, assumptions for lapse rates, investment yields, and option budget costs were updated, which resulted in a $13.8 million increase in the additional liability for annuitization, death, or other insurance benefits. Market risk benefits The following table presents the balances of, and changes in, market risk benefits: Nine months ended September 30, 2024 September 30, 2023 Fixed-indexed Annuity Variable- and Other Annuities Total Fixed-indexed Annuity Variable- and Other Annuities Total Balance as of Beginning of Period $ 868,268 $ 252,683 $ 1,120,951 $ 548,536 $ 120,322 $ 668,858 Balance as of Beginning of Period, Before Impact of Changes in Instrument-specific Credit Risk $ 790,616 $ 225,593 $ 1,016,209 $ 656,880 $ 150,633 $ 807,513 Issuances 38,762 (8) 38,754 847 (30) 817 Interest 32,306 7,800 40,106 29,734 6,548 36,282 Attributed Fees Collected 78,896 67,198 146,094 77,685 62,925 140,610 Benefit Payments (5,279) (5,301) (10,580) (2,781) (1,102) (3,883) Effect of Changes in Interest Rates (25,023) (2,924) (27,947) (184,971) (89,899) (274,870) Effect of Changes in Equity Markets (28,621) (75,864) (104,485) (8,098) (16,848) (24,946) Effect of Actual Experience Different from Assumptions 23,108 (11,710) 11,398 138,788 (32,820) 105,968 Effect of Changes in Other Future Expected Assumptions (126,523) (2,145) (128,668) (93,298) 55,657 (37,641) Balance as of End of Period Before Impact of Changes in Instrument-Specific Credit Risk 778,242 202,639 980,881 614,786 135,064 749,850 Effect of Changes in Instrument-specific Credit Risk 98,839 35,777 134,616 13,178 6,117 19,295 Balance as of End of Period 877,081 238,416 1,115,497 627,964 141,181 769,145 Less: Reinsurance Recoverable as of the End of the Period — (13,312) (13,312) — (13,169) (13,169) Balance as of End of Period, Net of Reinsurance Recoverable $ 877,081 $ 225,104 $ 1,102,185 $ 627,964 $ 128,012 $ 755,976 Net Amount at Risk $ 4,535,978 $ 1,226,221 $ 5,762,199 $ 4,200,773 $ 1,312,724 $ 5,513,497 Weighted-average Attained Age of Contract holders (Years) 71 70 71 70 69 70 The following reflects the reconciliation of the market risk benefits reflected in the preceding table to the amounts reported in an asset and liability position, respectively, in the consolidated statements of financial condition as of September 30, 2024, and December 31, 2023: As of September 30, 2024 As of December 31, 2023 Asset Liability Net Asset Liability Net Fixed-indexed Annuities $ 377 $ 877,458 $ (877,081) $ — $ 868,268 $ (868,268) Variable- and Other Annuities — 238,416 (238,416) 17 252,700 (252,683) Total $ 377 $ 1,115,874 $ (1,115,497) $ 17 $ 1,120,968 $ (1,120,951) Significant inputs, judgments, and assumptions used in measuring market risk benefits Significant policyholder behavior and other assumption inputs to the calculation of the market risk benefits include interest rates, instrument-specific credit risk, mortality rates, surrender rates, and utilization rates. Global Atlantic reviews its assumptions at least annually, and more frequently if evidence suggests. Accordingly, as part of the annual assumption review conducted during the nine months ended September 30, 2024, assumptions for fixed-indexed annuities mortality, surrenders, and utilization, and variable annuity activations were updated, which resulted in a $128.7 million increase to net income before taxes. During the nine months ended September 30, 2023, assumptions for fixed-indexed annuity surrender and partial withdrawals, and variable annuity surrender and activations were updated, which resulted in a $37.6 million increase to net income before taxes. Separate account liabilities Separate account assets and liabilities consist of investment accounts established and maintained by Global Atlantic for certain variable annuity and interest-sensitive life insurance contracts. Some of these contracts include minimum guarantees such as GMDBs and GMWBs that guarantee a minimum payment to the policyholder. The assets that support these variable annuity and interest-sensitive life insurance contracts are measured at fair value and are reported as separate account assets on the consolidated statements of financial condition. An equivalent amount is reported as separate account liabilities. Market risk benefit assets and liabilities for minimum guarantees are valued and presented separately from separate account assets and separate account liabilities. For more information on market risk benefits see “—Market risk benefits” in this footnote. Policy charges assessed against the policyholders for mortality, administration and other services are included in “Policy fees” in the consolidated statements of operations. The following table presents the balances of and changes in separate account liabilities: September 30, 2024 September 30, 2023 Variable Annuities Interest-Sensitive Life Total Variable Annuities Interest-Sensitive Life Total Balance as of Beginning of Period $ 3,565,029 $ 541,971 $ 4,107,000 $ 3,627,769 $ 503,025 $ 4,130,794 Premiums and Deposits 18,817 9,544 28,361 26,449 10,337 36,786 Surrenders, Withdrawals and Benefit Payments (414,727) (18,600) (433,327) (357,330) (16,590) (373,920) Investment Performance 463,798 88,738 552,536 190,354 45,362 235,716 Other (86,983) (33,414) (120,397) (92,798) (36,675) (129,473) Balance as of End of Period $ 3,545,934 $ 588,239 $ 4,134,173 $ 3,394,444 $ 505,459 $ 3,899,903 Cash Surrender Value as of End of Period (1) $ 3,545,934 $ 588,239 $ 4,134,173 $ 3,394,444 $ 505,459 $ 3,899,903 (1) Cash surrender value attributed to the separate accounts does not reflect the impact of surrender charges; surrender charges are attributed to policyholder account balances recorded in the general account. The following table presents the aggregate fair value of assets, by major investment asset type, supporting separate accounts: September 30, 2024 December 31, 2023 Asset Type: Managed Volatility Equity/Fixed Income Blended Fund $ 2,045,045 $ 2,131,149 Equity 1,720,114 1,596,467 Fixed Income 149,902 152,398 Money Market 218,490 226,387 Alternative 622 599 Total Assets Supporting Separate Account Liabilities $ 4,134,173 $ 4,107,000

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2024
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES KKR & Co. Inc. is a domestic corporation for U.S. federal income tax purposes and is subject to U.S. federal, state and local income taxes at the entity level on its share of taxable income. In addition, KKR Group Partnership and certain of its subsidiaries operate as partnerships for U.S. federal tax purposes but as taxable entities for certain state, local or non-U.S. tax purposes. Moreover, certain corporate subsidiaries of KKR, including certain subsidiaries of Global Atlantic, are domestic corporations for U.S. federal income tax purposes and are subject to U.S. federal, state, and local income taxes. For the three months ended September 30, 2024 and 2023, the effective tax rates were 12.8% and 15.5%, respectively, and for the nine months ended September 30, 2024 and 2023, the effective tax rates were 16.5% and 19.5%, respectively. The effective tax rate differs from the statutory rate primarily due to the portion of the reported net income (loss) before taxes not being attributable to KKR but rather being attributable to (i) third-party limited partner interests in consolidated investment funds and (ii) exchangeable securities representing ownership interests in KKR Group Partnership until they are exchanged for common stock of KKR & Co. Inc. In 2022, changes in market conditions, including rapidly rising interest rates, impacted the unrealized tax gains and losses in the available for sale securities portfolios of Global Atlantic, resulting in deferred tax assets related to net unrealized tax capital losses for which the carryforward period has not yet begun. As such, when assessing recoverability, Global Atlantic considered its ability and intent to hold the underlying securities to recovery. Global Atlantic concluded that a valuation allowance should be established on a portion of the deferred tax assets related to unrealized tax capital losses that are not more-likely-than-not to be realized, which represents the portion of the portfolio Global Atlantic estimates it would not be able to hold to recovery. As of September 30, 2024, Global Atlantic maintained $89.3 million of valuation allowance associated with the unrealized tax capital losses in the available for sale securities portfolio. The establishment of the valuation allowance was recorded in other comprehensive income. Based on available evidence and various assumptions as to the timing of income, KKR believes it is likely that all other deferred tax assets will be realized. There was no change in the valuation allowance recorded as of September 30, 2024. During the nine months ended September 30, 2024, there were no material changes to KKR's uncertain tax positions and KKR believes there will not be a significant increase or decrease to these uncertain tax positions within 12 months of the reporting date. On August 16, 2022, the Inflation Reduction Act (the “IRA”) was signed into law. The IRA enacted a new 15% corporate alternative minimum tax ("CAMT") on the "adjusted financial statement income" of certain large corporations, which became effective on January 1, 2023. In addition, the IRA enacted a 1% excise tax on corporate stock repurchases completed after December 31, 2022. KKR reviewed the impact and concluded there was no impact on income taxes for the nine months ended September 30, 2024 and will continue to review and monitor the issuance of additional guidance from the U.S. Treasury and the U.S. Internal Revenue Service. On December 20, 2021, the OECD released Pillar Two Model Rules, which contemplate a global 15% minimum tax rate. The OECD continues to release additional guidance, including administrative guidance on interpretation and application of Pillar Two, and many countries are passing legislation to comply with Pillar Two. The changes contemplated by Pillar Two, when enacted by various countries in which we do business, may increase our taxes in such countries. Based on the available legislation, KKR concluded there was no material impact on income taxes with respect to Pillar Two for the nine months ended September 30, 2024. KKR will continue to evaluate the potential future impacts of Pillar Two and will continue to review and monitor the issuance of additional guidance.

EQUITY-BASED COMPENSATION

EQUITY-BASED COMPENSATION	9 Months Ended
	Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]
EQUITY-BASED COMPENSATION	EQUITY-BASED COMPENSATION The following table summarizes the expense associated with equity-based compensation in connection with KKR equity incentive awards and incentive awards under the Global Atlantic Financial Company Book Value Award Plan ("GA Book Value Plan") and the Global Atlantic Senior Management Equity Incentive Plan ("GA Equity Incentive Plan") for the three and nine months ended September 30, 2024 and 2023, respectively. Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Asset Management $ 149,575 $ 119,603 $ 453,505 $ 354,808 Insurance 35,093 26,340 99,482 121,128 Total $ 184,668 $ 145,943 $ 552,987 $ 475,936 KKR Equity Incentive Awards Under KKR's equity incentive plans, KKR is permitted to grant equity awards representing ownership interests in KKR & Co. Inc. common stock. On March 29, 2019, the Amended and Restated KKR & Co. Inc. 2019 Equity Incentive Plan (the "2019 Equity Incentive Plan") became effective. Following the effectiveness of the 2019 Equity Incentive Plan, KKR no longer makes further grants under the Amended and Restated KKR & Co. Inc. 2010 Equity Incentive Plan (the "2010 Equity Incentive Plan" and, together with the 2019 Equity Incentive Plan, our "Equity Incentive Plans"), and the 2019 Equity Incentive Plan became KKR's only plan for providing new equity awards by KKR & Co. Inc. Outstanding awards under the 2010 Equity Incentive Plan will remain outstanding, unchanged and subject to the terms of the 2010 Equity Incentive Plan and their respective equity award agreements, until the vesting, expiration or lapse of such awards in accordance with their terms. The total number of equity awards representing shares of common stock that may be issued under the 2019 Equity Incentive Plan is equivalent to 15% of the aggregate number of the shares of common stock and KKR Group Partnership Units (excluding KKR Group Partnership Units held by KKR & Co. Inc. or its wholly-owned subsidiaries), subject to annual adjustment. As of September 30, 2024, 49,678,122 shares may be issued under the 2019 Equity Incentive Plan. KKR has also issued equity grants in the form of restricted holdings units through KKR Holdings III L.P. ("KKR Holdings III"), which are not issued under the 2019 Equity Incentive Plan and are currently held by certain Global Atlantic employees. Equity awards granted generally consist of (i) restricted stock units that convert into shares of common stock of KKR & Co. Inc. (or cash equivalent) upon vesting and (ii) restricted holdings units that are exchangeable into shares of common stock of KKR & Co. Inc. upon vesting and certain other conditions, including those described below. Service-Vesting Awards KKR grants restricted stock units and restricted holdings units that are subject to service-based vesting, typically over a three Expense associated with the vesting of these Service-Vesting Awards is based on the closing price of KKR & Co. Inc. common stock on the date of grant, discounted for the lack of participation rights in the expected dividends on unvested equity awards. Expense is recognized on a straight line basis over the life of the award and assumes a forfeiture rate of up to 7% annually based upon expected turnover by class of recipient. As of September 30, 2024, there was approximately $855 million of total estimated unrecognized expense related to unvested Service-Vesting Awards, which is expected to be recognized over the weighted average remaining requisite service period of 2.4 years. A summary of the status of unvested Service-Vesting Awards granted from January 1, 2024 through September 30, 2024 is presented below: Shares (1) Weighted Balance, January 1, 2024 23,228,671 $ 53.22 Granted 4,644,817 79.28 Vested (5,470,039) 47.59 Forfeitures (724,297) 58.15 Balance, September 30, 2024 21,679,152 $ 60.06 (1) Unvested Service-Vesting Awards include restricted stock units and restricted holdings units granted to Global Atlantic employees. Market Condition Awards KKR also grants restricted stock units and restricted holdings units that are subject to both a service-based vesting condition and a market price based vesting condition (referred to hereafter as "Market Condition Awards"). The following is a discussion of the Market Condition Awards, excluding the Co-CEO Awards (as defined and discussed below). The number of Market Condition Awards (other than the Co-CEO awards) that will vest depend upon (i) the market price of KKR common stock reaching certain price targets that range from $45.00 to $140.00 and (ii) the employee being employed by KKR on a certain date, which typically ranges from five Due to the existence of the service requirement, the vesting period for these Market Condition Awards (other than the Co-CEO awards) is explicit, and as such, compensation expense will be recognized on (i) a straight-line basis over the period from the date of grant through the date the award recipient is required to be employed by KKR and (ii) assumes a forfeiture rate of up to 7% annually based upon expected turnover. The fair value of the awards granted are based on a Monte Carlo simulation valuation model. In addition, the grant date fair value assumes that holders of the Market Condition Awards will not participate in dividends until such awards have met all of their vesting requirements. Below is a summary of the grant date fair value based on the Monte Carlo simulation valuation model and the significant assumptions used to estimate the grant date fair value of these Market Condition Awards: Weighted Range Grant Date Fair Value $30.62 $19.87 - $79.94 Closing KKR share price as of valuation date $51.74 $37.93 - $98.62 Risk Free Rate 2.21% 0.41% - 4.41% Volatility 30.04% 28.00% - 38.00% Dividend Yield 1.27% 0.71% - 1.53% Expected Cost of Equity 10.74% 9.13% - 11.80% As of September 30, 2024, there was approximately $602 million of total estimated unrecognized expense related to these unvested Market Condition Awards, which is expected to be recognized over the weighted average remaining requisite service period of 2.8 years. A summary of the status of unvested Market Condition Awards granted from January 1, 2024 through September 30, 2024 is presented below: Shares (1) Weighted Balance, January 1, 2024 36,497,589 $ 29.59 Granted 2,278,830 58.31 Vested (231,064) 21.70 Forfeitures (498,960) 30.79 Balance, September 30, 2024 38,046,395 $ 31.34 (1) Unvested Market Condition Awards include restricted holdings units granted to Global Atlantic employees. As of September 30, 2024, 34.2 million units of these Market Condition awards have met their market price based vesting condition. Co-CEO Awards On December 9, 2021, the Board of Directors approved grants of 7.5 million restricted holdings units to each of KKR’s Co-Chief Executive Officers that are subject to both a service-based vesting condition and a market price based vesting condition (referred to hereafter as "Co-CEOs Awards"). For both Co-Chief Executive Officers, 20% of the Co-CEOs Awards are eligible to vest at each of the following KKR common stock prices targets: $95.80, $105.80, $115.80, $125.80 and $135.80. The market price based vesting condition is met when the average closing price of KKR common stock during 20 consecutive trading days meets or exceeds the stock price targets. In addition to the market price based vesting conditions, in order for the award to vest, the Co-Chief Executive Officer is required to be employed by KKR on December 31, 2026 (with exceptions for involuntary termination without cause, death and permanent disability). These awards will be automatically canceled and forfeited upon the earlier of a Co-Chief Executive Officer’s termination of service (except for involuntary termination without cause, death or permanent disability) or the failure to meet the market price based vesting condition by December 31, 2028 (for which continued service is required if the market price vesting condition is met after December 31, 2026). Co-CEO Awards do not participate in dividends until such awards have met both their service-based and market price based vesting requirements. Additionally, these awards are subject to additional transfer restrictions and minimum retained ownership requirements after vesting. Due to the existence of the service requirement, the vesting period for these Co-CEO Awards is explicit, and as such, compensation expense will be recognized on a straight-line basis over the period from the date of grant through December 31, 2026 given the derived service period is less than the explicit service period. The fair value of the awards granted are based on a Monte Carlo simulation valuation model. In addition, the grant date fair value assumes that these Co-CEO Awards will not participate in dividends until such awards have met all of their vesting requirements. Below is a summary of the grant date fair value based on the Monte Carlo simulation valuation model and the significant assumptions used to estimate the grant date fair value of these Co-CEO Awards: Grant Date Fair Value $48.91 Closing KKR share price as of valuation date $75.76 Risk Free Rate 1.42 % Volatility 28.0 % Dividend Yield 0.77 % Expected Cost of Equity 9.36 % As of September 30, 2024, there was approximately $326 million of total estimated unrecognized expense related to these unvested Co-CEO Awards, which is expected to be recognized ratably from October 1, 2024 to December 31, 2026. As of September 30, 2024, 9.0 million units of these Co-CEO awards have met their market price based vesting condition. Modification and Replacement of Book Value Awards - Insurance On February 1, 2021, Global Atlantic adopted the GA Book Value Plan to enhance the ability of Global Atlantic to attract, motivate and retain its employees and to promote the success of the Global Atlantic business. The GA Book Value Plan authorized the grant of cash-settled awards ("book value awards," or "BVAs") representing the right to receive one or more payments upon vesting equal to the product of an initial dollar value set by the award multiplied by a pre-determined formula as of each applicable vesting date. The predetermined formula is equal to the quotient determined by dividing the book value of one share of TGAFG on the applicable vesting date by the book value of a share on the original grant date, subject to adjustments. Book value awards generally vested in three equal, annual installments, subject to continued employment. BVAs were accounted for as profit sharing arrangements in accordance with ASC 710. On January 2, 2024, KKR replaced the BVAs with approximately 1.9 million of Service-Vesting Awards granted pursuant to our 2019 Equity Incentive Plan, which are accounted for as equity classified awards in scope of ASC 718. As such, this modification resulted in (i) a change in scope from ASC 710 to ASC 718, (ii) a change in classification from liability to equity and (iii) a corresponding reclassification of $77 million from Accrued Expenses and Other Liabilities to Additional Paid-In Capital in the consolidated statement of financial condition. Accordingly, these awards will no longer be remeasured to fair value after the modification date. No incremental expense recognition was required upon the modification of the BVAs, because no incremental value was transferred to the employees. The service and vesting conditions of the Service-Vesting Awards mirror those of the BVAs. Modification and Replacement of GA Equity Incentive Plan Awards - Insurance On June 24, 2021, Global Atlantic issued 1,000 non-voting incentive shares to a Bermuda exempted partnership owned by certain Global Atlantic employees, who are eligible to receive incentive units under the GA Equity Incentive Plan. These incentive units represented an interest in the receipt of certain amounts based on Global Atlantic's book value, market value, and AUM, in each case as derived in part from the value of TGAFG’s fully-diluted equity shares. The GA Equity Incentive Plan awards were accounted for as a hybrid compensation plan, consisting of one component most closely aligned with a profit-sharing plan under ASC 710, Compensation - General, as well as other components within scope of ASC 718, Compensation - Stock Compensation, in all cases with obligations liability-classified. Accordingly, with regard to awards within scope of ASC 710, Global Atlantic recorded expense based on payouts deemed to be probable and reasonably estimable based on the book value growth of Global Atlantic at the grant date and at each reporting period. For award components subject to liability-classification under ASC 718, Global Atlantic recorded expense, net of a 0% estimated forfeiture rate, based on the fair value of awards granted, with periodic adjustments to expense for changes in fair value, over the requisite 5-year service period. On January 2, 2024, KKR replaced the GA Equity Incentive Plan awards with (i) 1.3 million of Service-Vesting Awards with a remaining vesting period of approximately 2 years and approximately 0.9 million of Market Condition Awards, both of which are accounted for as equity classified awards in scope of ASC 718, and (ii) approximately $54 million in vested KKR Holdings III restricted holdings units. As such, this modification resulted in (i) a change in scope from ASC 710 to ASC 718 for a portion of the award, (ii) a change in classification from liability to equity and (iii) a corresponding reclassification of $149 million from Accrued Expenses and Other Liabilities to Additional Paid-In Capital in the consolidated statement of financial condition. No incremental expense recognition was required upon the modification of the GA Equity Incentive Plan awards, because no incremental value was transferred to the employees.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2024
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS Due from Affiliates consists of: September 30, 2024 December 31, 2023 Amounts due from unconsolidated investment funds $ 1,713,504 $ 1,229,308 Amounts due from portfolio companies 321,160 217,544 Due from Affiliates $ 2,034,664 $ 1,446,852 Due to Affiliates consists of: September 30, 2024 December 31, 2023 Amounts due to current and former employees under the tax receivable agreement $ 381,076 $ 406,730 Amounts due to unconsolidated investment funds 89,615 131,369 Due to Affiliates $ 470,691 $ 538,099

SEGMENT REPORTING

SEGMENT REPORTING	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
SEGMENT REPORTING	SEGMENT REPORTING KKR operates through three reportable segments which are presented below and reflect how its chief operating decision-makers allocate resources and assess performance: • Asset Management - The asset management business offers a broad range of investment management services to investment funds, vehicles and accounts (including Global Atlantic and the Strategic Holdings segment) and provides capital markets services to portfolio companies and third parties. This reportable segment also reflects how its business lines operate collaboratively with predominantly a single expense pool. • Insurance - The insurance business is operated by Global Atlantic, which is a leading U.S. retirement and life insurance company that provides a broad suite of protection, legacy and savings products and reinsurance solutions to clients across individual and institutional markets. Global Atlantic primarily generates income by earning a spread between its investment income and the cost of policyholder benefits. • Strategic Holdings - The strategic holdings business initially represents KKR's participation in the core private equity strategy, which was previously presented in the Asset Management segment’s Principal Activities business line. This segment primarily generates income from dividends from these businesses. Dividends are presented net of management fees paid to our Asset Management segment. If KKR were to sell a portion or all of a business reported in Strategic Holdings, the realized gain or loss would be presented as realized investment income reduced by the performance fee paid to our Asset Management segment. KKR’s segment profitability measure used to make operating decisions and assess performance across KKR’s reportable segments is presented prior to giving effect to the allocation of income (loss) among KKR & Co. Inc. and holders of any exchangeable securities, and the consolidation of the investment funds, vehicles and accounts that KKR advises, manages or sponsors (including CFEs). KKR's segment profitability measure excludes: (i) equity-based compensation charges, (ii) amortization of acquired intangibles, and (iii) transaction-related and non-operating items, if any. Transaction-related and non-operating items arise from corporate actions and non-operating items, which consist of : (i) impairments, (ii) transaction costs from acquisitions, (iii) depreciation on real estate that KKR owns and occupies, (iv) contingent liabilities, net of any recoveries, and (v) other gains or charges that affect period-to-period comparability and are not reflective of KKR's ongoing operational performance. Inter-segment transactions are not eliminated from segment results when management considers those transactions in assessing the results of the respective segments. These transactions include (i) management fees earned by the Asset Management segment as the investment adviser for Global Atlantic insurance companies, (ii) management and performance fees earned by the Asset Management segment from the Strategic Holdings segment, and (iii) interest income and expense based on lending arrangements where the Asset Management segment borrows from the Insurance segment. All these inter-segment transactions are recorded by each segment based on the applicable governing agreements. Total Segment Earnings represents the total segment earnings of KKR’s Asset Management, Insurance and Strategic Holdings segments: • Asset Management Segment Earnings is the segment profitability measure used to make operating decisions and to assess the performance of the Asset Management segment. This measure is presented before income taxes and is comprised of: (i) Fee Related Earnings, (ii) Realized Performance Income, (iii) Realized Performance Income Compensation, (iv) Realized Investment Income, and (v) Realized Investment Income Compensation. The non-operating adjustments made to derive Asset Management Segment Earnings excludes the impact of: (i) unrealized gains (losses) on investments, (ii) unrealized carried interest, and (iii) unrealized carried interest compensation. Management fees earned by KKR as the adviser, manager or sponsor for its investment funds, vehicles and accounts, including its Global Atlantic insurance companies and Strategic Holdings segment, are included in Asset Management Segment Earnings. • Insurance Operating Earnings is the segment profitability measure used to make operating decisions and to assess the performance of the Insurance segment. This measure is presented before income taxes and is comprised of: (i) Net Investment Income, (ii) Net Cost of Insurance, and (iii) General, Administrative, and Other Expenses. The non-operating adjustments made to derive Insurance Operating Earnings excludes the impact of: (i) investment gains (losses) which include realized gains (losses) related to asset/liability matching investment strategies and unrealized investment gains (losses) and (ii) non-operating changes in policy liabilities and derivatives which includes (a) changes in the fair value of market risk benefits and other policy liabilities measured at fair value and related benefit payments, (b) fees attributed to guaranteed benefits, (c) derivatives used to manage the risks associated with policy liabilities, and (d) losses at contract issuance on payout annuities. Insurance Operating Earnings includes (i) realized gains and losses not related to asset/liability matching investment strategies and (ii) the investment management costs that are earned by our Asset Management segment as the investment adviser of the Global Atlantic insurance companies. • Strategic Holdings Segment Earnings is the segment profitability measure used to make operating decisions and to assess the performance of the Strategic Holdings segment. This measure is presented before income taxes and is comprised of: Dividends, Net and Net Realized Investment Income. The non-operating adjustment made to derive Strategic Holdings Segment Earnings excludes the impact of unrealized gains (losses) on investments. Strategic Holdings Segment Earnings includes management fees and performance fee expenses that are earned by the Asset Management segment. Modification of Segment Information In connection with building and scaling of the core private equity strategy on KKR’s balance sheet and the acquisition of the remaining minority equity interests in Global Atlantic on January 2, 2024, KKR reevaluated the manner in which it makes operational and resource deployment decisions and assesses the overall performance of KKR's business. Effective with the first quarter of 2024, KKR has made changes with respect to the preparation of the reports used by KKR's chief operating decision makers. As a result, KKR has modified the presentation of its segment financial information with retrospective application to all prior periods presented. The most significant changes between KKR's current segment presentation and its previous segment presentation reported prior to the first quarter of 2024, are as follows: • Creating a new business segment, Strategic Holdings - The new segment is currently comprised of KKR’s participation in its core private equity strategy. Our participation in the core private equity strategy has scaled into a business KKR now evaluates separately from its Asset Management segment. Additionally, KKR may also acquire other long-term assets that are not part of the core private equity strategy for this segment. As of the first quarter of 2024, KKR’s participation in its core private equity strategy no longer is reported as part of the Asset Management segment. The Asset Management segment continues to represent KKR's business separate from its insurance operations and continues to reflect how the chief operating decision makers allocate resources and assess performance in the asset management business, which includes operating collaboratively across its business lines, with predominantly a single expense pool. Effective as of the first quarter of 2024, the results of our Strategic Holdings segment includes a management fee and performance fee that is paid to our Asset Management segment for providing advisory services rather than allocating the costs borne by our Asset Management segment to support our Strategic Holdings segment. The historical amounts presented herein do not include any management or performance fees since the governing agreement was not in place prior to the first quarter of 2024. • Segment Earnings - Segment Earnings is the performance measure for KKR's segment profitability and is used by management in making operational decisions and to assess performance. Segment Presentation The following tables set forth information regarding KKR's segment results: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Asset Management Management Fees (1)(2) $ 892,629 $ 758,700 $ 2,555,263 $ 2,245,744 Transaction and Monitoring Fees, Net 467,145 124,014 842,087 456,421 Fee Related Performance Revenues 56,655 20,436 112,901 70,529 Fee Related Compensation (247,875) (203,209) (614,294) (623,987) Other Operating Expenses (167,881) (142,416) (471,146) (440,295) Fee Related Earnings 1,000,673 557,525 2,424,811 1,708,412 Realized Performance Income (3) 391,920 329,266 1,145,774 653,998 Realized Performance Income Compensation (289,994) (213,816) (843,011) (424,910) Realized Investment Income (4) 151,546 216,727 424,845 529,583 Realized Investment Income Compensation (22,732) (34,679) (63,725) (81,576) Asset Management Segment Earnings $ 1,231,413 $ 855,023 $ 3,088,694 $ 2,385,507 Insurance Net Investment Income (1) (4) $ 1,636,300 $ 1,356,407 $ 4,660,765 $ 3,911,456 Net Cost of Insurance (1,166,891) (820,014) (3,240,834) (2,382,303) General, Administrative and Other (230,889) (204,701) (655,358) (604,700) Pre-tax Operating Earnings 238,520 331,692 764,573 924,453 Pre-tax Operating Earnings Attributable to Noncontrolling Interests — (121,665) — (339,090) Insurance Operating Earnings $ 238,520 $ 210,027 $ 764,573 $ 585,363 Strategic Holdings Dividends, Net (2) $ 6,828 $ — $ 68,400 $ — Strategic Holdings Operating Earnings 6,828 — 68,400 — Net Realized Investment Income (3) 87,693 — 87,693 — Strategic Holdings Segment Earnings $ 94,521 $ — $ 156,093 $ — Total Segment Earnings $ 1,564,454 $ 1,065,050 $ 4,009,360 $ 2,970,870 (1) Includes intersegment management fees of $144.9 million and $112.1 million between Asset Management and Insurance segments for the three months ended September 30, 2024 and 2023, respectively, and $384.4 million and $331.0 million for the nine months ended September 30, 2024 and 2023, respectively. (2) Includes intersegment management fees of $8.2 million between the Asset Management and the Strategic Holdings segments for the three months ended September 30, 2024 and $23.9 million for the nine months ended September 30, 2024. (3) Includes intersegment performances fees of $15.5 million between the Asset Management and the Strategic Holdings segments for the three and nine months ended September 30, 2024. (4) Includes intersegment interest expense of $2.1 million and $49.7 million for the three months ended September 30, 2024 and 2023, respectively, and $7.4 million and $137.9 million for the nine months ended September 30, 2024 and 2023, respectively. As of September 30, 2024 2023 Segment Assets: Asset Management $ 27,264,016 $ 26,522,206 Insurance 244,991,087 174,054,907 Strategic Holdings 7,290,413 6,482,608 Total Segment Assets $ 279,545,516 $ 207,059,721 Three Months Ended September 30, Nine Months Ended September 30, Non-cash expenses excluded from Segment Earnings 2024 2023 2024 2023 Equity Based Compensation and Other Asset Management $ 149,575 $ 119,603 $ 453,505 $ 354,808 Insurance (1) 35,093 16,678 99,482 76,969 Total Non-cash expenses $ 184,668 $ 136,281 $ 552,987 $ 431,777 (1) Amounts include the portion allocable to KKR & Co. Inc. Reconciliations of Total Segment Amounts The following tables reconcile Segment Revenues, Segment Earnings, and Segment Assets to their equivalent GAAP measure: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Total GAAP Revenues $ 4,791,696 $ 3,315,481 $ 18,620,344 $ 10,069,481 Impact of Consolidation and Other 335,048 218,495 865,898 613,048 Asset Management Adjustments: Capital Allocation-Based Income (Loss) (GAAP) (1,163,424) (1,009,645) (3,164,491) (2,155,560) Realized Carried Interest 336,016 327,195 1,044,843 646,116 Realized Investment Income 151,546 216,727 424,845 529,583 Capstone Fees (29,141) (23,235) (69,218) (67,080) Expense Reimbursements (32,789) (15,982) (68,050) (48,366) Strategic Holdings Adjustments: Realized Investment Income and Dividends 118,162 — 195,400 — Insurance Adjustments: Net Premiums (621,218) (220,212) (7,593,534) (1,320,265) Policy Fees (375,371) (314,016) (1,038,218) (943,200) Other Income (60,162) (42,341) (180,436) (119,357) (Gains) Losses from Investments (1) 687,170 (75,064) 1,254,170 379,213 Non-operating Changes in Policy Liabilities and Derivatives (446,817) 428,147 (393,825) 284,118 Total Segment Revenues (2) $ 3,690,716 $ 2,805,550 $ 9,897,728 $ 7,867,731 (1) Includes gains and losses on funds withheld receivables and payables embedded derivatives. (2) Total Segment Revenues is comprised of (i) Management Fees, (ii) Transaction and Monitoring Fees, Net, (iii) Fee Related Performance Revenues, (iv) Realized Performance Income, (v) Realized Investment Income, (vi) Net Investment Income and (vii) Dividends, Net. Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Income (Loss) Before Tax (GAAP) $ 1,644,564 $ 2,819,190 $ 4,217,820 $ 4,678,638 Impact of Consolidation and Other (823,034) (883,896) (1,161,554) (1,036,007) Interest Expense, Net 80,709 74,960 230,617 252,557 Asset Management Adjustments: Unrealized (Gains) Losses 89,805 (445,477) (385,448) (561,064) Unrealized Carried Interest (850,638) (616,963) (1,987,597) (1,255,117) Unrealized Carried Interest Compensation 644,881 310,917 1,555,336 590,108 Transaction-related and Non-operating Items 90,716 8,038 153,699 22,037 Equity-based compensation 66,549 46,782 206,861 151,060 Equity-based compensation - Performance based 83,026 72,821 246,644 203,748 Strategic Holdings Adjustments: Unrealized (Gains) Losses (226,319) (265,092) (644,285) (508,489) Insurance Adjustments: (1) (Gains) Losses from Investments (1)(2) 692,422 (33,337) 1,251,953 223,260 Non-operating Changes in Policy Liabilities and Derivatives (1) 12,589 (42,364) 192,917 121,590 Transaction-related and Non-operating Items (1) 19,679 — 19,679 3,199 Equity-based and Other Compensation (1) 35,093 16,678 99,482 76,969 Amortization of Acquired Intangibles (1) 4,412 2,793 13,236 8,381 Total Segment Earnings $ 1,564,454 $ 1,065,050 $ 4,009,360 $ 2,970,870 (1) Amounts represent the portion allocable to KKR & Co. Inc. (2) Includes gains and losses on funds withheld receivables and payables embedded derivatives. As of September 30, 2024 September 30, 2023 Total GAAP Assets $ 360,655,876 $ 288,732,956 Impact of Consolidation and Reclassifications (76,399,555) (84,135,828) Carry Pool Reclassifications (4,710,805) 2,462,593 Total Segment Assets $ 279,545,516 $ 207,059,721

EQUITY

EQUITY	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
EQUITY	EQUITY Stockholders' Equity Common Stock The common stock of KKR & Co. Inc. is entitled to vote as provided by its certificate of incorporation, Delaware General Corporation Law and the rules of the New York Stock Exchange ("NYSE"). Subject to preferences that apply to any shares of preferred stock outstanding at the time on which dividends are payable, the holders of common stock are entitled to receive dividends out of funds legally available if the Board of Directors, in its discretion, determines to declare dividends and then only at the times and in the amounts that the Board of Directors may determine. The common stock is not entitled to preemptive rights and is not subject to conversion, redemption or sinking fund provisions. Series I Preferred Stock Except for any distribution required by Delaware law to be made upon a dissolution event, the holders of Series I preferred stock do not have any economic rights to receive dividends. Series I preferred stock is entitled to vote on various matters that may be submitted to vote of the stockholders and the other matters as set forth in the certificate of incorporation. Upon a dissolution event, each holder of Series I preferred stock will be entitled to a payment equal to $0.01 per share of Series I preferred stock. The Series I preferred stock will be eliminated on the Sunset Date (as defined in Note 1 "Organization"), which is scheduled to occur not later than December 31, 2026. Share Repurchase Program The repurchase program does not have an expiration date. Under KKR's repurchase program, shares of common stock of KKR & Co. Inc. may be repurchased from time to time in open market transactions, in privately negotiated transactions or otherwise. The timing, manner, price and amount of any repurchases will be determined by KKR in its discretion and will depend on a variety of factors, including legal requirements, price and economic and market conditions. In addition to the repurchases of common stock, the repurchase program will be used for the retirement (by cash settlement or the payment of tax withholding amounts upon net settlement) of equity awards granted pursuant to our 2019 Equity Incentive Plan representing the right to receive common stock. KKR expects that the program, which has no expiration date, will be in effect until the maximum approved dollar amount has been used. The program does not require KKR to repurchase or retire any specific number of shares of common stock or equity awards, respectively, and the program may be suspended, extended, modified or discontinued at any time. As of October 18, 2024, there was approximately $69 million remaining under the program. In April 2024, the share repurchase program was amended such that when the remaining available amount under the share repurchase program becomes $50 million or less, the total available amount under the share repurchase program will automatically add an additional $500 million to the then remaining available amount of $50 million or less. The following table presents the shares of KKR & Co. Inc. common stock that have been repurchased or equity awards retired under the repurchase program: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Shares of common stock repurchased — 308,808 — 5,395,162 Equity awards for common stock retired 696 — 924,559 604,281 Change in KKR & Co. Inc.'s Ownership Interest Vesting of restricted holdings units results in a change in ownership in KKR Group Partnership, while KKR retains a controlling interest, and is accounted for as an equity transaction between the controlling and noncontrolling interests. Noncontrolling Interests Noncontrolling interests in consolidated entities represent the non-redeemable ownership interests in KKR that are held primarily by: (i) third party fund investors in KKR's consolidated funds and certain other entities; (ii) third parties in KKR's Capital Markets business line; (iii) certain current and former employees who hold exchangeable securities; and (iv) certain third-party investors in certain of Global Atlantic's consolidated entities. The following table presents total noncontrolling interests: Three Months Ended September 30, 2024 2023 Balance at the beginning of the period $ 35,565,377 $ 40,429,454 Net Income (Loss) Attributable to Noncontrolling Interests 838,916 895,539 Other Comprehensive Income (Loss), net of tax (10,477) (503,289) Equity-Based Compensation (Non Cash Contribution) 107,078 78,493 Change in KKR & Co. Inc.'s Ownership Interest (54,299) — Capital Contributions 2,580,370 1,886,326 Capital Distributions (2,729,479) (1,822,724) Changes in Consolidation 95,131 (195,271) Balance at the end of the period $ 36,392,617 $ 40,768,528 Nine Months Ended September 30, 2024 2023 Beginning of Period (as previously reported for the prior period) $ 34,904,791 $ 35,778,000 Adoption of New Accounting Standard — 632,858 Balance at the beginning of the period (as revised for the prior period) 34,904,791 36,410,858 Net Income (Loss) Attributable to Noncontrolling Interests 1,513,518 1,088,622 Other Comprehensive Income (Loss), net of tax (15,315) (213,251) Compensation Modification - Issuance of Holdings III Units (See Note 19) 53,623 — Equity-Based Compensation (Non Cash Contribution) 319,137 226,169 2024 GA Acquisition - Cash consideration (See Note 1) (2,622,230) — 2024 GA Acquisition - Issuance of Holdings III Units (See Note 1) 40,789 — Change in KKR & Co. Inc.'s Ownership - 2024 GA Acquisition 2,169,300 — Change in KKR & Co. Inc.'s Ownership Interest (342,811) (113,121) Capital Contributions 5,976,650 9,290,719 Capital Distributions (6,767,940) (5,560,590) Changes in Consolidation 1,163,105 (360,878) Balance at the end of the period $ 36,392,617 $ 40,768,528

REDEEMABLE NONCONTROLLING INTER

REDEEMABLE NONCONTROLLING INTERESTS	9 Months Ended
	Sep. 30, 2024
Noncontrolling Interest [Abstract]
REDEEMABLE NONCONTROLLING INTERESTS	REDEEMABLE NONCONTROLLING INTERESTS Redeemable noncontrolling interests represent: (i) Noncontrolling interests of certain KKR investment funds and vehicles that are subject to periodic redemption by fund investors following the expiration of a specified period of time, or may be withdrawn subject to a redemption fee during the period when capital may not be otherwise withdrawn. Consolidated fund investor's interests subject to redemption as described above are presented as Redeemable Noncontrolling Interests in the accompanying consolidated statements of financial condition and presented as Net Income (Loss) Attributable to Redeemable Noncontrolling Interests in the accompanying consolidated statements of operations. When redeemable amounts become legally payable to fund investors, they are classified as a liability and included in Accounts Payable, Accrued Expenses and Other Liabilities in the accompanying consolidated statements of financial condition. (ii) During the quarter, Global Atlantic acquired the remaining outstanding redeemable noncontrolling interests in certain renewable energy entities. Global Atlantic had redeemable noncontrolling interests related to a renewable energy entity of approximately $47.8 million as of December 31, 2023, as determined by the hypothetical liquidation at book value ("HLBV") method. The following table presents the calculation of Redeemable Noncontrolling Interests: Three Months Ended September 30, 2024 2023 Balance at the beginning of the period $ 1,291,487 $ 183,413 Net Income (Loss) Attributable to Redeemable Noncontrolling Interests (4,798) (3,685) Capital Contributions 47,409 242,359 Capital Distributions (10,027) (213) Change in KKR & Co. Inc.'s Ownership Interest (1,763) — Balance at the end of the period $ 1,322,308 $ 421,874 Nine Months Ended September 30, 2024 2023 Balance at the beginning of the period $ 615,427 $ 152,065 Net Income (Loss) Attributable to Redeemable Noncontrolling Interests 57,546 (12,728) Capital Contributions 671,530 312,356 Capital Distributions (20,432) (1,998) Change in KKR & Co. Inc.'s Ownership Interest (1,763) — Changes in Consolidation — (27,821) Balance at the end of the period $ 1,322,308 $ 421,874

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Funding Commitments and Others As of September 30, 2024, KKR had unfunded commitments consisting of $8.2 billion to its investment funds and vehicles. KKR has also agreed for certain of its investment vehicles to fund or otherwise be liable for a portion of their investment losses (up to a maximum of approximately $67.5 million) and/or to provide them with liquidity upon certain termination events (the maximum amount of which is unknown until the scheduled termination date of the investment vehicle). In addition to these uncalled commitments and funding obligations to KKR's investment funds and vehicles, KKR has entered into contractual commitments primarily with respect to underwriting transactions, debt financing, revolving credit facilities, and syndications in KKR's Capital Markets business line. As of September 30, 2024, these commitments amounted to $0.2 billion. Whether these amounts are actually funded, in whole or in part, depends on the contractual terms of such commitments, including the satisfaction or waiver of any conditions to closing or funding. KKR's capital markets business has arrangements with third parties, which reduce its risk when underwriting certain debt transactions, and thus our unfunded commitments as of September 30, 2024 have been reduced to reflect the amount to be funded by such third parties. As of September 30, 2024, KKR's capital markets business line has entered into such arrangements representing a total notional amount of $4.5 billion. In the case of purchases of investments or assets in our Principal Activities business line, the amount to be funded includes amounts that are intended to be syndicated to third parties, and the actual amounts to be funded may be less. Global Atlantic has commitments to purchase or fund investments of $3.8 billion as of September 30, 2024. These commitments include those related to mortgage loans, other lending facilities and other investments. For those commitments that represent a contractual obligation to extend credit, Global Atlantic has recorded a liability of $22.1 million for current expected credit losses as of September 30, 2024. In addition, Global Atlantic has entered into certain forward flow agreements to purchase loans. Global Atlantic's obligations under these agreements are subject to change, curtailment, and cancellation based on various provisions including repricing mechanics, due diligence reviews, and performance or pool quality, among other factors. Global Atlantic has certain contingent funding obligations related to development-stage renewable energy projects in the amount of $329.7 million, as of September 30, 2024, with expiration dates occurring between November 2024 and September 2027. For accounting purposes, these contingent funding obligations are considered guarantees of the obligations of the development-stage renewable energy projects. Global Atlantic monitors the likelihood of these funding obligations being drawn upon. Non-cancelable Operating Leases KKR's non-cancelable operating leases consist of leases of office space around the world. There are no material rent holidays, contingent rent, rent concessions or leasehold improvement incentives associated with any of these property leases. In addition to base rentals, certain lease agreements are subject to escalation provisions and rent expense is recognized on a straight‑line basis over the term of the lease agreement. Global Atlantic also enters into land leases for its consolidated investments in renewable energy. Contingent Repayment Guarantees The partnership documents governing KKR's carry-paying investment funds and vehicles generally include a "clawback" provision that, if triggered, may give rise to a contingent obligation requiring the general partner to return amounts to the fund for distribution to the fund investors at the end of the life of the fund. Under a clawback obligation, upon the liquidation of a fund, the general partner is required to return, typically on an after-tax basis, previously distributed carry to the extent that, due to the diminished performance of later investments, the aggregate amount of carry distributions received by the general partner during the term of the fund exceed the amount to which the general partner was ultimately entitled, including the effects of any performance thresholds. KKR has guaranteed its general partners' clawback obligations. As of September 30, 2024, approximately $569 million of carried interest was subject to this clawback obligation, assuming that all applicable carry-paying funds and their alternative investment vehicles were liquidated at their September 30, 2024 fair values. Although KKR would be required to remit the entire amount to fund investors that are entitled to receive the clawback payment, KKR would be entitled to seek reimbursement of approximately $230 million of that amount from Associates Holdings, which is not a KKR subsidiary. As of September 30, 2024, Associates Holdings had access to cash reserves sufficient to reimburse the full $230 million that would be due to KKR. If the investments in all carry-paying funds were to be liquidated at zero value, the clawback obligation would have been approximately $4.3 billion, and KKR would be entitled to seek reimbursement of approximately $1.8 billion of that amount from Associates Holdings. KKR will acquire control of Associates Holdings when a subsidiary of KKR becomes its general partner upon the closing of the transactions contemplated to occur on the Sunset Date (as defined in Note 1 "Organization"), which will occur not later than December 31, 2026. Carried interest is recognized in the consolidated statements of operations based on the contractual conditions set forth in the agreements governing the fund as if the fund were terminated and liquidated at the reporting date and the fund's investments were realized at the then estimated fair values. Amounts earned pursuant to carried interest are earned by the general partner of those funds to the extent that cumulative investment returns are positive and where applicable, preferred return thresholds have been met. If these investment amounts earned decrease or turn negative in subsequent periods, recognized carried interest will be reversed and to the extent that the aggregate amount of carry distributions received by the general partner during the term of the fund exceed the amount to which the general partner was ultimately entitled, a clawback obligation would be recorded. For funds that are consolidated, this clawback obligation, if any, is reflected as an increase in noncontrolling interests in the consolidated statements of financial condition. For funds that are not consolidated, this clawback obligation, if any, is reflected as a reduction of KKR's investment balance as this is where carried interest is initially recorded. Indemnifications and Other Guarantees Asset Management and Strategic Holdings Segment KKR may incur contingent liabilities for claims that may be made against it in the future. KKR enters into contracts that contain a variety of representations, warranties and covenants, including indemnifications. KKR (including KFN) and certain of KKR's investment funds have provided and provide certain credit support, such as indemnities and guarantees, relating to a variety of matters, including non-recourse carve-out guarantees for fraud, willful misconduct and other wrongful acts in connection with the financing of (i) certain real estate investments that we have made, including KKR's corporate real estate, and (ii) certain investment vehicles that KKR manages or sponsors. KKR also has provided, and provides, credit support in connection with its businesses, including: i. to certain of its subsidiaries' obligations in connection with a limited number of investment vehicles that KKR manages, ii. in connection with repayment and funding obligations to third-party lenders on behalf of certain employees, excluding its executive officers, in connection with their personal investments in KKR investment funds and a levered multi-asset investment vehicle, iii. to one of its hedge fund partnerships, iv. through a contingent guarantee of a subsidiary’s loan repayment obligations, which does not become effective unless and until its loan becomes accelerated due to certain specified events of default involving the investment vehicles managed by KJRM, v. the obligations of our subsidiaries' funding obligations to our investment vehicles, and vi. certain of our investment vehicles to fund or otherwise be liable for a portion of their investment losses and/or to provide them with liquidity upon certain termination events (the maximum amount of which is unknown until the scheduled termination date of the investment vehicle). In addition, KKR has agreed to tender to one of its consolidated investment vehicles up to a fixed number of shares that KKR owns in it if the net asset value of such shares is less than an agreed upon value on June 1, 2027. KKR may also become liable for certain fees payable to sellers of businesses or assets if a transaction does not close, subject to certain conditions, if any, specified in the acquisition agreements for such businesses or assets. Insurance Segment The Global Atlantic business was formerly owned by The Goldman Sachs Group, Inc. (together with its subsidiaries, "Goldman Sachs"). In connection with the separation of Global Atlantic from Goldman Sachs in 2013, Global Atlantic entered into a tax benefit payment agreement with Goldman Sachs. Under the tax benefit payment agreement, GA FinCo is obligated to make annual payments out of available cash, guaranteed by GAFG, to Goldman Sachs over an approximately 25-year period totaling $214.0 million. As of September 30, 2024, the present value of the remaining amount to be paid is $48.9 million. Although these payments are subordinated and deferrable, deferral of these payments would result in restrictions on distributions by GA FinCo and GAFG. Unless otherwise stated above, KKR's maximum exposure under the arrangements described under this section “—Indemnifications and Other Guarantees” are currently unknown as there are no stated or notional amounts included in these arrangements and KKR's liabilities for these matters would require a claim to be made against KKR in the future. Legal Proceedings From time to time, KKR (including Global Atlantic) is involved in various legal proceedings, requests for information, lawsuits, arbitration and claims incidental to the conduct of KKR's businesses. KKR's businesses are also subject to extensive regulation, which may result in regulatory or other legal proceedings against them. Moreover, in the ordinary course of business, KKR is and can be both the defendant and the plaintiff in numerous lawsuits with respect to acquisitions, bankruptcy, insolvency and other events. Such lawsuits may involve claims that adversely affect the value of certain investments owned by KKR's funds and Global Atlantic's insurance companies. Kentucky Matter In December 2017, KKR & Co. L.P. (which is now KKR Group Co. Inc.) and its then Co-Chief Executive Officers, Henry Kravis and George Roberts, were named as defendants in a lawsuit filed in Kentucky state court (the “2017 Action”) alleging, among other things, the violation of fiduciary and other duties in connection with certain separately managed accounts that Prisma Capital Partners LP, a former subsidiary of KKR, manages for the Kentucky Retirement Systems. Also named as defendants in the lawsuit are certain current and former trustees and officers of the Kentucky Retirement Systems, Prisma Capital Partners LP, and various other service providers to the Kentucky Retirement Systems and their related persons. The 2017 Action was dismissed at the direction of the Supreme Court of Kentucky for lack of Kentucky constitutional standing. This dismissal became final on February 16, 2024. On July 21, 2020, the Office of the Attorney General, on behalf of the Commonwealth of Kentucky (the "Kentucky AG"), filed a new lawsuit in the same Kentucky state court (the “2020 AG Action”) making essentially the same allegations as those raised in the 2017 Action, including against what was then KKR & Co. Inc. (now KKR Group Co. Inc.) and Messrs. Kravis and Roberts. On May 1, 2024, the trial court denied motions to dismiss the 2020 AG Action filed by KKR & Co. Inc. and Messrs. Kravis and Roberts. On April 8, 2024, after receiving permission from the Kentucky trial court in the 2020 AG Action, the Kentucky AG amended its complaint in the 2020 AG Action to add a claim for breach of contract. The Kentucky AG also filed an action (the "2024 AG Action") substantially identical to the 2020 AG Action, including the new claim for breach of contract. On April 23, 2024, KKR & Co. Inc., Messrs. Kravis and Roberts and other defendants moved to strike the Kentucky AG's amended complaint in the 2020 AG Action, to stay consideration of the breach of contract claim and the 2024 AG Action until after the trial court's ruling on the motions to dismiss the 2020 AG Action, and to deny a motion by the Kentucky AG to consolidate the 2020 AG Action and the 2024 AG Action. These motions were denied, and the trial court consolidated the 2020 AG Action with the 2024 AG Action. On June 17, 2024, KKR & Co. Inc., Messrs. Kravis and Roberts and other defendants filed new motions to dismiss the consolidated 2020 AG Action and 2024 AG Action. In January 2021, some of the attorneys for the plaintiffs in the 2017 Action filed a new lawsuit on behalf of a new set of plaintiffs, who claim to be “Tier 3” members of Kentucky Retirement Systems (the “Tier 3 Plaintiffs”), alleging substantially the same allegations as in the 2017 Action. On July 9, 2021, the Tier 3 Plaintiffs served an amended complaint, which purports to assert, on behalf of a class of beneficiaries of Kentucky Retirement Systems, direct claims for breach of fiduciary duty and civil violations under the Racketeer Influenced and Corrupt Organizations Act (“RICO”). This complaint was removed to the U.S. District Court for the Eastern District of Kentucky, which has entered an order staying this case until the completion of the 2020 AG Action. On August 20, 2021, the Tier 3 Plaintiffs and other individual plaintiffs filed a second complaint in Kentucky state court (the “Second Tier 3 Action”), purportedly on behalf of Kentucky Retirement Systems’ funds, alleging the same claims against what was then KKR & Co. Inc. (now KKR Group Co. Inc.) and Messrs. Kravis and Roberts as in the July 9th amended complaint but without the RICO or class action allegations. On May 1, 2024, the trial court denied motions to dismiss the Second Tier 3 Action filed by KKR & Co. Inc. and Messrs. Kravis and Roberts. On July 3, 2024, KKR & Co. Inc., Messrs. Kravis and Roberts and other defendants filed a writ of prohibition asking the Kentucky Court of Appeals to order the trial court to dismiss the Second Tier 3 Action. The Second Tier 3 Action is stayed pending the outcome of this petition. On March 24, 2022, in a separate declaratory judgment action brought by the Commonwealth of Kentucky regarding the enforceability of certain indemnification provisions available to what was then KKR & Co. Inc. (now KKR Group Co. Inc.) and Prisma Capital Partners LP, the Kentucky state court concluded that it has personal jurisdiction over KKR & Co. Inc. in that action, and that the indemnification provisions violated the Kentucky Constitution and were therefore unenforceable. On December 1, 2023, the Kentucky Court of Appeals reversed the trial court’s summary judgment on the issue of personal jurisdiction over KKR & Co. Inc., but affirmed the trial court’s rulings that the indemnification provisions violated the Kentucky Constitution and were unenforceable. On February 5, 2024, the Kentucky Court of Appeals denied the petitions of KKR & Co. Inc. and others for rehearing. On April 8, 2024, KKR & Co. Inc. and other defendants in the declaratory judgment case filed motions with the Supreme Court of Kentucky for discretionary review of the Court of Appeals' December 1, 2023 decision. On August 14, 2024, the Kentucky Supreme Court granted discretionary review in the Kentucky AG’s declaratory judgment case of both personal jurisdiction over KKR & Co. Inc. and the enforceability and constitutionality of the indemnification provisions. KKR intends to continue to vigorously defend against these claims against KKR and Messrs. Kravis and Roberts. Shareholder Derivative Litigation On July 30, 2024, a shareholder derivative complaint was filed in Delaware Chancery Court and was subsequently amended on August 7, 2024. The amended complaint claims, among other matters, that the Co-Founders and various current and former executive officers and directors of KKR & Co. Inc. breached fiduciary duties and wasted corporate assets in connection with transactions contemplated by the Reorganization Agreement pursuant to which, among other things, the Co-Founders, certain current and former executive officers, and other senior executives of KKR received common stock from KKR. The suit seeks to recover on behalf of KKR & Co. Inc. a cancellation of shares issued in the reorganization, monetary damages, injunctive relief, restitution, and other remedies. KKR & Co. Inc. intends to move to dismiss the amended complaint. Regulatory Matters KKR currently is, and expects to continue to become from time to time, subject to various examinations, inquiries and investigations by various U.S. and non-U.S. governmental and regulatory agencies. Such examinations, inquiries and investigations may result in the commencement of civil, criminal or administrative proceedings, or the imposition of fines, penalties, or other remedies, against KKR and its personnel. KKR is subject to periodic examinations of its regulated businesses by various U.S. and non-U.S. governmental and regulatory agencies, including but not limited to the Securities and Exchange Commission ("SEC"), Financial Industry Regulatory Authority ("FINRA"), the U.K. Financial Conduct Authority, Central Bank of Ireland, Monetary Authority of Singapore, U.S. state insurance regulatory authorities, and the Bermuda Monetary Authority. KKR may also become subject to inquiries or investigations (through a request for information, civil investigative demand, subpoena or otherwise) by any of the foregoing governmental and regulatory agencies as well as by any other U.S. or non-U.S. governmental or regulatory agency, including but not limited to the SEC, U.S. Department of Justice ("DOJ"), U.S. state attorney generals, and similar non-U.S. governmental or regulatory agencies. KKR is currently subject to investigations by the Antitrust Division of the DOJ related to antitrust matters, including civil investigative demands and a grand jury subpoena seeking information with respect to the accuracy and completeness of certain filings made by KKR pursuant to the premerger notification requirements under the Hart‐Scott‐Rodino Act of 1976 (“HSR”) for certain transactions in 2021 and 2022. KKR has been cooperating with the DOJ in connection with these investigations and has been engaged in discussions with the DOJ about a possible resolution of these investigations. There can be no assurance that a settlement will be reached. If a settlement were to be reached regarding the civil and criminal investigations, the terms of such settlement would be expected to require KKR to make certain admissions about the completeness and accuracy of certain prior HSR filings and related HSR filing process, agree to certain remedial measures including a third-party monitor for its HSR compliance program, and pay significant monetary penalties. In the absence of a settlement, the DOJ may initiate one or more civil or criminal proceedings or take other actions against KKR, its employees or portfolio companies, which could include further antitrust investigations into past HSR filings or transactions or filing a complaint. There can be no certainty as to the possible outcome of any such proceedings or other actions, any of which could result in a range of adverse financial and non‐financial consequences to KKR. In addition, KKR is currently subject to other investigations by the Antitrust Division of the DOJ related to antitrust matters, including restrictions on interlocking directorates under Section 8 of the Clayton Act. KKR is currently cooperating with the DOJ in connection with these other investigations. KKR is also currently subject to investigations by the SEC related to business-related electronic communications, including with respect to the preservation of text messages and similar communications on electronic messaging applications under the Investment Advisers Act of 1940. KKR is continuing to cooperate with the SEC in connection with this investigation and is currently engaged in discussions with the SEC about a potential resolution of this investigation, but there can be no assurance that these discussions will result in a resolution. Loss Contingencies KKR establishes an accrued liability for legal or regulatory proceedings only when those matters present loss contingencies that are both probable and reasonably estimable. KKR includes in its financial statements the amount of any reserve for regulatory, litigation and related matters that Global Atlantic includes in its financial statements. No loss contingency is recorded for matters where such losses are either not probable or reasonably estimable (or both) at the time of determination. Such matters also have the possibility of resulting in losses in excess of any amounts accrued. To the extent KKR can in any particular period estimate an aggregate range of reasonably possible losses, these decisions involve significant judgment given that it is inherently difficult to determine whether any loss for a matter is probable or even possible or to estimate the amount of any loss in many legal, governmental and regulatory matters. Estimating an accrued liability or a reasonably possible loss involves significant judgment due to many uncertainties, including among others: (i) the proceeding may be in early stages; (ii) damages sought may be unspecified, unsupportable, unexplained or uncertain; (iii) discovery may not have been started or is incomplete; (iv) there may be uncertainty as to the outcome of pending appeals or motions; (v) there may be significant factual issues to be resolved; (vi) there may be novel legal issues or unsettled legal theories to be presented or a large number of parties; or (vii) the proceeding relates to a regulatory examination, inquiry, or investigation. It is not possible to predict the ultimate outcome of all pending litigations, arbitrations, claims, and governmental or regulatory examinations, inquiries, investigations and proceedings, and some of the matters discussed above seek or may seek potentially large or indeterminate relief. Consequently, management is unable as of the date of filing of this report to estimate an amount or range of reasonably possible losses related to matters pending against KKR. In addition, any amounts accrued as loss contingencies or disclosed as reasonably possible losses may be, in part or in whole, subject to insurance or other payments such as contributions and indemnity, which may reduce any ultimate loss. As of the date of filing this report, management does not believe, based on currently available information, that the outcomes of the matters pending against KKR will have a material adverse effect upon its financial statements. However, given the potentially large and/or indeterminate relief sought or that may be sought in certain of these matters and the inherent unpredictability of litigations, arbitrations, claims, and governmental or regulatory examinations, inquiries, investigations and proceedings, it is possible that an adverse outcome in certain matters could have a material adverse effect on KKR's financial results in any future period. In addition, there can be no assurance that material losses will not be incurred from claims that have not yet been asserted or those where potential losses have not yet been determined to be probable or possible and reasonably estimable. Other Financing Arrangements Global Atlantic has financing arrangements with unaffiliated third parties to support the reserves of its affiliated special purpose reinsurers. Total fees associated with these financing arrangements were $3.2 million and $5.1 million for the three months ended September 30, 2024 and 2023, respectively, and $13.3 million and $15.2 million for the nine months ended September 30, 2024 and 2023, respectively, and are included in insurance expenses in the consolidated statements of operations. As of September 30, 2024 and December 31, 2023, the total capacity of the financing arrangements with third parties was $2.4 billion and $2.3 billion, respectively. Other than the matters disclosed above, there were no outstanding or unpaid balances from the financing arrangements with unaffiliated third parties as of both September 30, 2024 and December 31, 2023.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS Common Stock Dividend

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited financial statements of KKR & Co. Inc. have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") for interim financial information and the instructions to this Quarterly Report on Form 10-Q. The condensed consolidated financial statements (referred to hereafter as the "financial statements"), including these notes, are unaudited and exclude some of the disclosures required in annual financial statements. Management believes it has made all necessary adjustments (consisting of only normal recurring items) such that the financial statements are presented fairly and that estimates made in preparing the financial statements are reasonable and prudent. The operating results presented for interim periods are not necessarily indicative of the results that may be expected for any other interim period or for the entire year. The consolidated balance sheet data as of December 31, 2023 were derived from audited financial statements included in KKR & Co. Inc.'s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 filed with the U.S. Securities and Exchange Commission ("SEC") on February 29, 2024 (our "Annual Report"), and the financial statements should be read in conjunction with the audited financial statements included therein. Additionally, in the accompanying financial statements, the condensed consolidated statements of financial condition are referred to hereafter as the "consolidated statements of financial condition"; the condensed consolidated statements of operations are referred to hereafter as the "consolidated statements of operations"; the condensed consolidated statements of comprehensive income (loss) are referred to hereafter as the "consolidated statements of comprehensive income (loss)"; the condensed consolidated statements of changes in equity are referred to hereafter as the "consolidated statements of changes in equity"; and the condensed consolidated statements of cash flows are referred to hereafter as the "consolidated statements of cash flows." KKR consolidates the financial results of KKR Group Partnership and its consolidated entities, which include the accounts of KKR's investment management and capital markets companies, the general partners of certain unconsolidated investment funds, general partners of consolidated investment funds and their respective consolidated investment funds, Global Atlantic’s insurance companies and certain other entities including CFEs. The presentations in the consolidated statement of financial condition and consolidated statement of operations reflect the significant industry diversification of KKR by its acquisition of Global Atlantic. Global Atlantic operates an insurance business, and KKR operates an asset management business, which manages the operations of the newly-formed Strategic Holdings segment (see Note 21 - "Segment Reporting"), each of which possess distinct characteristics. As a result, KKR developed a two-tiered approach for the financial statements presentation, where Global Atlantic's insurance operations are presented separately from KKR's asset management business. KKR believes that these separate presentations provide a more informative view of the consolidated financial position and results of operations than traditional aggregated presentations and that reporting Global Atlantic’s insurance operations separately is appropriate given, among other factors, the relative significance of Global Atlantic’s policy liabilities, which are not obligations of KKR. (other than the insurance companies that issued them). If a traditional aggregate presentation were to be used, KKR would expect to eliminate or combine several identical or similar captions, which would condense the presentations, but would also reduce the level of information presented. KKR also believes that using a traditional aggregate presentation would result in no new line items compared to the two-tier presentation included in the financial statements in this report. In the ordinary course of business, KKR’s Asset Management business, Strategic Holdings business and Insurance business enter into transactions with each other, which may include transactions pursuant to their investment management agreements and certain financing arrangements. The borrowings from these financing arrangements are non-recourse to KKR beyond the assets designated to support such borrowings. All of the investment management and financing arrangements amongst KKR segments are eliminated in consolidation. All intercompany transactions and balances have been eliminated.
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill represents the excess of acquisition cost over the fair value of net tangible and intangible assets acquired in connection with an acquisition. Goodwill is assessed for impairment annually in the third quarter of each fiscal year or more frequently if circumstances indicate impairment may have occurred. Goodwill and Intangible Assets are recorded in Other Assets in the accompanying consolidated statements of financial condition. In accordance with GAAP, KKR has the option to either (i) perform a quantitative impairment test or (ii) first perform a qualitative assessment (commonly known as "step zero") to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount, in which case the quantitative test would then be performed. When performing a quantitative impairment test, KKR compares the fair value of a reporting unit with its carrying amount, including goodwill. If the fair value of the reporting unit is less than its carrying amount, the goodwill impairment loss is equal to the excess of the carrying value over the fair value, limited to the carrying amount of goodwill allocated to that reporting unit. The estimated fair values of the reporting units are derived based on valuation techniques KKR believes market participants would use for each respective reporting unit. The estimated fair values are generally determined by utilizing a discounted cash flow methodology and methodologies that incorporate market multiples of certain comparable companies. KKR tests goodwill for impairment at the reporting unit level, which is generally at the level of or one level below its reportable segments, on an annual basis, or, when an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. Goodwill recorded as a result of the acquisition of Global Atlantic has been allocated to the insurance segment, and goodwill recorded as a result of the acquisition of KJR Management ("KJRM") has been allocated to the asset management segment. In the first quarter of 2024, the change in reportable segments required the identification of a new reporting unit related to the creation of the Strategic Holdings segment and the allocation of goodwill to this reporting unit based on the relative fair value approach. During the third quarter of 2024, KKR performed its annual impairment analysis for the goodwill recorded at the asset management, strategic holdings and insurance reporting units. KKR elected to perform step zero for the purposes of its impairment analysis for the goodwill recorded at its reporting units. Based upon these assessments, KKR determined that it is more likely than not that the fair value of the reporting unit exceeds its carrying value. Factors considered in the qualitative assessment included macroeconomic conditions, industry and market considerations, cost factors, current and projected financial performance, changes in management or strategy and market capitalization. Additionally, during the third quarter of 2024, KKR performed its annual impairment analysis on KJRM’s investment management contracts recorded at KKR’s asset management business, which were determined to have indefinite useful lives and are not subject to amortization. KKR elected to perform a qualitative assessment for the purposes of its impairment analysis. Based upon this assessment, KKR determined that it is more likely than not that the fair value of the KJRM investment management contracts exceeded their carrying value. Factors considered in the qualitative assessment included macroeconomic conditions, industry and market considerations, cost factors, and current and projected financial performance.
Use of Estimates	Use of Estimates The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the recognition and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues, expenses, investment income (loss) and income taxes during the reporting periods. Such estimates include but are not limited to (i) the valuation of investments and financial instruments, (ii) the determination of the income tax provision, (iii) the impairment of goodwill and intangible assets, (iv) the impairment of available-for-sale investments, (v) the valuation of insurance policy liabilities, including market risk benefits, (vi) the valuation of embedded derivatives in policy liabilities and funds withheld, (vii) the determination of the allowance for loan losses, and (viii) amortization of deferred revenues and expenses associated with the insurance business.
Compensation and Benefits	Compensation and Benefits Carry Pool Allocation With respect to our funds that provide for carried interest, KKR allocates a portion of the realized and unrealized carried interest that KKR earns to Associates Holdings, which is referred to as the carry pool, from which KKR's asset management employees and certain other carry pool participants are eligible to receive a carried interest allocation. The allocation is determined based upon a fixed arrangement between Associates Holdings and KKR, and KKR does not exercise discretion on whether to make an allocation to the carry pool upon a realization event. KKR refers to the portion of carried interest that KKR allocates to the carry pool as the carry pool percentage. As of December 31, 2023, the carry pool percentage was fixed at 40%, 43% or 65% by investment fund, depending on the fund’s vintage. For funds that closed after December 31, 2020 but before December 31, 2023, the carry pool percentage was fixed at 65%. For funds that closed after June 30, 2017 but before December 31, 2020, the carry pool percentage was fixed at 43%, and the carry pool percentage was fixed at 40% for older funds that contributed to KKR's carry pool. Effective January 2, 2024, KKR is authorized to apply a carry pool percentage in excess of these fixed percentages of up to 80% for all funds. This increase to the carry pool percentage was approved by a majority of KKR's independent directors, and the carry pool percentage may not be increased above 80% without the further approval of a majority of KKR's independent directors. For funds that closed after December 31, 2023, the carry pool percentage is fixed at 80%. For funds that closed prior to December 31, 2023, the carry pool percentage is calculated at a fixed percentage of 40%, 43% or 65% (depending on the fund’s vintage) for carried interest realized up to a high water mark, which was established based on the unrealized carried interest balance that existed on January 2, 2024, plus an additional percentage amount up to 80% based on a formulaic allocation, only if the unrealized carried interest balance at any period end exceeds the high water mark. This imposes a limitation of the carry pool allocation for such funds based on the amount of cumulative unrealized carried interest income earned subsequent to December 31, 2023. For funds that closed before December 31, 2023, if the cumulative carried interest subsequent to December 31, 2023 is not sufficient to fund this formulaic allocation, the allocation of carried interest reverts to the carry pool percentage in effect before this modification. As such, upon modification of the carry pool percentage effective on January 2, 2024, the cumulative unrealized carried interest was not sufficient to fund the additional formulaic allocation percentage in excess of the pre-existing 40%, 43% and 65% carry pool percentages, and therefore no incremental expense was recognized as of such date. The carry pool percentage applicable for all funds that closed prior to December 31, 2023 will not be less than their applicable carry pool percentages of 40%, 43% or 65% prior to December 31, 2023, and will not be more than 80%. The intent of this modification is that for all funds that closed prior to January 2, 2024, upon the final liquidation of each fund, realized carried interest distributed will equal the historical fund carry pool allocations up to the high water mark and only distributions of realized carried interest in excess of the high water mark will be distributed at 80 percent if and only if the unrealized carried interest balance at any period end exceeds the high water mark. Under no circumstance would a distribution of carried interest exceed 80% of the total allocable carried interest at any time. KKR accounts for the carry pool as a compensatory profit-sharing arrangement in Accrued Expenses and Other Liabilities within the accompanying consolidated statements of financial condition in conjunction with the related carried interest income and it is recorded as compensation expense. The liability that is recorded in each period reflects the legal entitlement of Associates Holdings at each point in time should the total unrealized carried interest be realized at the value recorded at each reporting date. Upon a reversal of carried interest income, the related carry pool allocation, if any, is also reversed. Accordingly, such compensation expense is subject to both positive and negative adjustments.
Adoption of new accounting pronouncements and Future application of accounting standards	Adoption of new accounting pronouncements Fair value measurement of equity securities subject to contractual sale restrictions In June 2022, the FASB issued ASU 2022–03, ASC Subtopic 820 “Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions” ("ASU 2022–03"). According to ASU 2022-03, an entity should not consider the contractual sale restriction when measuring the equity security’s fair value and an entity is not allowed to recognize a contractual sale restriction as a separate unit of account. ASU 2022–03 is effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. KKR adopted this accounting standard effective January 1, 2024 and its adoption on a prospective basis did not have any material impact on KKR's consolidated financial statements. Accounting for Investments in Tax Credit Structures In March 2023, the FASB issued ASU 2023–02 "Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method" ("ASU 2023–02") to expand the population of investments in tax credit structures that may be eligible to apply the proportional amortization method (“PAM”), if certain criteria are met. The election to use the PAM can be made on a tax credit program-by-program basis. Under the new guidance, certain disclosures are required for investments in tax credit programs for which the PAM is elected. The guidance is effective for fiscal years beginning after December 15, 2023. KKR adopted this accounting standard effective January 1, 2024 and its adoption did not have any material impact on KKR's consolidated financial statements. Future application of accounting standards Improvements to Reportable Segment Disclosures In November 2023, the FASB issued ASU 2023–07 "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures" ("ASU 2023–07"). ASU 2023–07 intends to improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. This is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. KKR is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements and disclosures. Scope Application of Profits Interest and Similar Awards In March 2024, the FASB issued ASU 2024–01, Compensation—Stock Compensation (Topic 718): Scope Application of Profits Interest and Similar Awards (“ASU 2024–01”). ASU 2024–01 amends the guidance in Accounting Standard Codification 718 (“ASC 718”) by adding an illustrative example to demonstrate and clarify how to apply the scope guidance to determine whether profits interests and similar awards should be accounted for as a share-based payment arrangement under ASC 718 or another standard. ASU 2024–01 will be effective for KKR’s reporting period ended March 31, 2025. KKR is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements and disclosures. Improvements to Income Tax Disclosures In December 2023, the FASB issued ASU 2023–09 "Improvements to Income Tax Disclosures" ("ASU 2023–09"). ASU 2023–09 intends to enhance the transparency and decision usefulness of income tax disclosures, requiring disaggregated information about an entity’s effective tax rate reconciliation as well as income taxes paid. This is effective for fiscal years beginning after December 15, 2024. KKR is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements and disclosures.

REVENUES - ASSET MANAGEMENT A_2

REVENUES - ASSET MANAGEMENT AND STRATEGIC HOLDINGS (Tables)	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Schedule of Asset Management and Strategic Holdings Revenues	For the three and nine months ended September 30, 2024 and 2023, respectively, Asset Management and Strategic Holdings revenues consisted of the following: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Management Fees $ 521,573 $ 458,624 $ 1,478,403 $ 1,358,526 Fee Credits (257,974) (60,671) (435,476) (167,814) Transaction Fees 732,129 180,794 1,267,204 660,049 Monitoring Fees 43,622 34,253 135,902 98,902 Incentive Fees 4,386 3,150 38,215 21,721 Expense Reimbursements 32,789 15,982 68,050 48,366 Consulting Fees 29,141 23,235 69,218 67,080 Fees and Other 1,105,666 655,367 2,621,516 2,086,830 Carried Interest 1,071,164 841,092 2,856,414 1,724,777 General Partner Capital Interest 92,260 168,553 308,077 430,783 Total Capital Allocation-Based Income (Loss) 1,163,424 1,009,645 3,164,491 2,155,560 Total Revenues $ 2,269,090 $ 1,665,012 $ 5,786,007 $ 4,242,390

NET GAINS (LOSSES) FROM INVES_2

NET GAINS (LOSSES) FROM INVESTMENT ACTIVITIES - ASSET MANAGEMENT AND STRATEGIC HOLDINGS (Tables)	9 Months Ended
	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Schedule of Total Net Gains (Losses) from Investment Activities	The following table summarizes total Net Gains (Losses) from Investment Activities: Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 Net Realized Gains (Losses) Net Unrealized Gains (Losses) Total Net Realized Gains (Losses) Net Unrealized Gains (Losses) Total Private Equity (1) $ (100,037) $ 1,606,607 $ 1,506,570 $ 75,764 $ 902,439 $ 978,203 Credit (1) (6,697) 16,244 9,547 (5,249) (53,016) (58,265) Investments of Consolidated CFEs (1) (71,668) 46,225 (25,443) (46,266) 370,853 324,587 Real Assets (1) 342,196 (239,711) 102,485 (313,139) 486,868 173,729 Equity Method - Other (1) 84,461 261,934 346,395 130,634 51,227 181,861 Other Investments (1) 20,529 100,905 121,434 5,190 (84,446) (79,256) Foreign Exchange Forward Contracts and Options (2) 1,576 (440,759) (439,183) 61,211 105,328 166,539 Securities Sold Short (2) (7,171) (5,406) (12,577) (938) 9,967 9,029 Other Derivatives (2) (17,283) (2,074) (19,357) (205) 11,621 11,416 Debt Obligations and Other (3) 6,623 (281,868) (275,245) 23,989 (263,623) (239,634) Net Gains (Losses) From Investment Activities $ 252,529 $ 1,062,097 $ 1,314,626 $ (69,009) $ 1,537,218 $ 1,468,209 Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 Net Realized Gains (Losses) Net Unrealized Gains (Losses) Total Net Realized Gains (Losses) Net Unrealized Gains (Losses) Total Private Equity (1) $ (75,157) $ 2,053,432 $ 1,978,275 $ 247,689 $ 1,373,121 $ 1,620,810 Credit (1) 61,597 (142,345) (80,748) (305,061) 368,744 63,683 Investments of Consolidated CFEs (1) (68,378) 54,177 (14,201) (96,148) 939,835 843,687 Real Assets (1) 291,310 (234,798) 56,512 (252,085) (22,676) (274,761) Equity Method - Other (1) 288,450 405,124 693,574 188,670 314,010 502,680 Other Investments (1) (250,458) 361,342 110,884 (317,609) 103,631 (213,978) Foreign Exchange Forward Contracts and Options (2) 59,414 (225,344) (165,930) 63,682 71,525 135,207 Securities Sold Short (2) (23,920) 5,285 (18,635) (1,894) 6,539 4,645 Other Derivatives (2) (24,780) 6,694 (18,086) 13,743 17,532 31,275 Debt Obligations and Other (3) 27,601 (223,791) (196,190) 100,084 (934,447) (834,363) Net Gains (Losses) From Investment Activities $ 285,679 $ 2,059,776 $ 2,345,455 $ (358,929) $ 2,237,814 $ 1,878,885 (1) See Note 7 "Investments." (2) See Note 8 "Derivatives" and Note 14 "Other Assets and Accrued Expenses and Other Liabilities." (3)

NET INVESTMENT INCOME - INSUR_2

NET INVESTMENT INCOME - INSURANCE (Tables)	9 Months Ended
	Sep. 30, 2024
Investments, All Other Investments [Abstract]
Schedule of Net Investment Income	The components of net investment income were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Fixed Maturity Securities – Interest and Other Income $ 1,428,699 $ 1,128,962 $ 4,173,336 $ 3,265,774 Mortgage and Other Loan Receivables 725,463 491,922 1,914,700 1,423,142 Investments in Transportation and Other Leased Assets 87,321 81,365 249,827 236,280 Investments in Renewable Energy 24,044 41,061 49,446 78,990 Investments in Real Estate 86,491 42,447 184,729 121,908 Short-term and Other Investment Income 170,157 52,072 462,408 184,366 Income Assumed from Funds Withheld Receivable at Interest 20,717 23,765 61,433 71,547 Policy Loans 20,180 9,588 64,260 28,289 Income Ceded to Funds Withheld Payable at Interest (640,254) (331,691) (1,746,618) (950,174) Gross Investment Income 1,922,818 1,539,491 5,413,521 4,460,122 Less Investment Expenses: Investment Management and Administration 146,693 83,424 379,015 248,902 Transportation, Renewable Energy and Real-estate Asset Depreciation and Maintenance 51,797 45,931 151,716 152,319 Interest Expense on Derivative Collateral and Repurchase Agreements 22,502 (1,994) 80,564 35,019 Net Investment Income $ 1,701,826 $ 1,412,130 $ 4,802,226 $ 4,023,882

NET INVESTMENT-RELATED GAINS _2

NET INVESTMENT-RELATED GAINS (LOSSES) - INSURANCE (Tables)	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Schedule of Net Investment Losses	Net investment-related losses were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Realized Losses on Available-for-sale Fixed Maturity Debt Securities $ (285,352) $ (15,156) $ (387,975) $ (67,195) Credit Loss Allowances on Available-for-sale Securities (59,195) 24,916 (50,455) (82,024) Credit Loss Allowances on Mortgage and Other Loan Receivables (92,293) (29,824) (263,749) (124,515) Allowances on Unfunded Commitments (1,663) (5,100) 25,598 26,494 Impairment of Available-for-sale Fixed Maturity Debt Securities Due to Intent to Sell — — — (26,741) Unrealized Gains (Losses) on Fixed Maturity Securities Classified as Trading 1,056,483 (594,218) 471,647 (284,555) Unrealized Gains (Losses) on Investments Recognized under the Fair-value Option and Equity Investments 20,589 (6,750) (56,579) (65,963) Unrealized Losses on Real Estate Investments Recognized at Fair Value Under Investment Company Accounting (26,503) (26,442) (133,280) (6,621) Net (Losses) Gains on Derivative Instruments (877,533) 314,380 (451,747) 44,399 Realized (Losses) Gains on Funds Withheld at Interest Payable Portfolio (20,158) 5,720 50,147 13,332 Realized (Losses) Gains on Funds Withheld at Interest Receivable Portfolio (24,194) (4,821) (47,242) 892 Other Realized Gains (Losses) 73,848 (935) 63,558 (7,116) Net Investment-Related Losses $ (235,971) $ (338,230) $ (780,077) $ (579,613)
Schedule of Roll-forward of the Allowance for Credit Losses for Fixed Maturity Securities	The table below presents a roll-forward of the allowance for credit losses recognized for fixed maturity securities held by Global Atlantic: Three Months Ended September 30, 2024 Nine Months Ended September 30, 2024 Corporate Structured Total Corporate Structured Total Balance, as of Beginning of Period $ 64,610 $ 150,604 $ 215,214 $ 49,008 $ 219,704 $ 268,712 Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance 19,132 292 19,424 41,475 1,552 43,027 Accretion of Initial Credit Loss Allowance on PCD Securities — 125 125 — 440 440 Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance (38) (3,145) (3,183) (278) (11,972) (12,250) Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance 105 39,666 39,771 17,233 (9,805) 7,428 Balances Charged Off (22,840) — (22,840) (46,469) (12,377) (58,846) Balance, as of End of Period $ 60,969 $ 187,542 $ 248,511 $ 60,969 $ 187,542 $ 248,511 Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 Corporate Structured Total Corporate Structured Total Balance, as of beginning of period $ 22,951 $ 206,347 $ 229,298 $ 1,298 $ 127,034 $ 128,332 Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance 111 6,325 6,436 20,848 53,333 74,181 Accretion of Initial Credit Loss Allowance on PCD Securities — 237 237 — 924 924 Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance (584) (3,836) (4,420) (584) (10,497) (11,081) Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance (4,038) (27,314) (31,352) (3,122) 10,965 7,843 Balance, as of End of Period $ 18,440 $ 181,759 $ 200,199 $ 18,440 $ 181,759 $ 200,199
Schedule of Changes in the Allowance for Credit Losses for Mortgages and Other Loan Receivables	Changes in the allowance for credit losses on mortgage and other loan receivables held by Global Atlantic are summarized below: Three Months Ended September 30, 2024 Nine Months Ended September 30, 2024 Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Balance, as of Beginning of Period $ 308,367 $ 90,234 $ 202,655 $ 601,256 $ 319,631 $ 107,204 $ 175,608 $ 602,443 Net Provision (Release) 64,482 8,263 19,548 92,293 151,822 (5,925) 117,852 263,749 Charge-offs (44,487) (2,334) (34,932) (81,753) (143,091) (5,116) (117,496) (265,703) Recoveries of Amounts Previously Charged-off 3,564 — 5,884 9,448 3,564 — 17,191 20,755 Balance, as of End of Period $ 331,926 $ 96,163 $ 193,155 $ 621,244 $ 331,926 $ 96,163 $ 193,155 $ 621,244 Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Commercial Mortgage Loans Residential Mortgage Loans Consumer and Other Loan Receivables Total Balance, as of Beginning of Period $ 239,866 $ 139,936 $ 198,247 $ 578,049 $ 227,315 $ 125,824 $ 207,089 $ 560,228 Net Provision (Release) 21,725 (14,663) 22,762 29,824 48,276 2,871 73,368 124,515 Charge-offs — (2,648) (41,520) (44,168) (14,000) (6,070) (111,468) (131,538) Recoveries of Amounts Previously Charged-off — — 5,334 5,334 — — 15,834 15,834 Balance, as of End of Period $ 261,591 $ 122,625 $ 184,823 $ 569,039 $ 261,591 $ 122,625 $ 184,823 $ 569,039
Schedule of Proceeds from Voluntary Sales and Gross Gains and Losses for AFS Fixed Maturity Securities	The proceeds from voluntary sales and the gross gains and losses on those sales of available-for-sale ("AFS") fixed maturity securities were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 AFS Fixed Maturity Securities: Proceeds from Voluntary Sales $ 6,975,389 $ 1,180,675 $ 15,934,858 $ 4,316,003 Gross Gains $ 51,468 $ 15,152 $ 95,192 $ 45,717 Gross Losses $ (334,092) $ (27,499) $ (453,105) $ (108,355)

INVESTMENTS (Tables)

INVESTMENTS (Tables)	9 Months Ended
	Sep. 30, 2024
Investments [Abstract]
Schedule of Investments	Investments consist of the following: September 30, 2024 December 31, 2023 Asset Management and Strategic Holdings Private Equity $ 34,408,460 $ 32,742,484 Credit 7,576,289 8,274,904 Investments of Consolidated CFEs 25,862,833 24,996,298 Real Assets 13,215,039 12,000,008 Equity Method - Other 8,297,044 8,163,831 Equity Method - Capital Allocation-Based Income 9,923,819 7,877,904 Other Investments 5,018,110 4,579,372 Investments - Asset Management and Strategic Holdings $ 104,301,594 $ 98,634,801 Insurance Fixed Maturity Securities, Available-for-sale, at Fair Value (1) $ 77,596,235 $ 69,414,188 Mortgage and Other loan Receivables 51,671,539 39,177,927 Fixed Maturity Securities, Trading, at Fair Value (2) 24,152,244 18,805,470 Other Investments 14,597,929 9,683,326 Funds Withheld Receivable at Interest 2,554,196 2,713,645 Policy Loans 1,610,448 1,556,030 Equity Securities at Fair Value 194,517 19,737 Investments - Insurance $ 172,377,108 $ 141,370,323 Total Investments $ 276,678,702 $ 240,005,124 (1) Amortized cost of $84.8 billion and $78.7 billion, net of credit loss allowances of $248.5 million and $268.7 million, respectively. (2) Amortized cost of $25.4 billion and $20.5 billion, respectively. Trading fixed maturity securities are held to back funds withheld payable at interest. The investment performance on these investments is ceded to third-party reinsurers. Other investments consist of the following: September 30, 2024 December 31, 2023 Investments in Real Estate (1) $ 7,923,039 $ 4,778,431 Investments in Transportation and Other Leased Assets (2) 3,083,593 2,972,469 Other Investment Funds and Partnerships 1,875,370 179,469 Investments in Renewable Energy (3) 1,331,910 1,348,080 Federal Home Loan Bank (FHLB), Common Stock and Other Investments 384,017 404,877 Total Other Investments $ 14,597,929 $ 9,683,326 (1) Primarily comprised of investments in real estate that are held in consolidated investment companies that use fair value accounting. (2) Net of accumulated depreciation of $402.2 million and $313.6 million as of September 30, 2024 and December 31, 2023, respectively. (3) Net of accumulated depreciation attributed to consolidated renewable energy assets of $182.2 million and $154.1 million as of September 30, 2024 and December 31, 2023, respectively.
Schedule of AFS Fixed Maturity Securities	The cost or amortized cost and fair value for AFS fixed maturity securities were as follows: Cost or Amortized Cost Allowance for Credit Losses (1)(2) Gross Unrealized Fair Value As of September 30, 2024 Gains Losses AFS Fixed Maturity Securities Portfolio by Type: U.S. Government and Agencies $ 2,688,473 $ — $ 83,209 $ (68,842) $ 2,702,840 U.S. State, Municipal and Political Subdivisions 4,964,066 — 19,998 (836,307) 4,147,757 Corporate 47,673,807 (60,969) 434,723 (5,640,948) 42,406,613 Residential Mortgage-backed Securities, or “RMBS” 11,364,665 (119,582) 102,507 (532,564) 10,815,026 Commercial Mortgage-backed Securities, or “CMBS” 8,350,055 (48,661) 26,467 (428,662) 7,899,199 Collateralized Bond Obligations, or “CBOs” 2,627,101 (1,133) — (68,669) 2,557,299 CLOs 4,082,054 (8,704) 20,339 (22,647) 4,071,042 Asset-Backed Securities, or “ABSs” 3,065,839 (9,462) 29,624 (89,542) 2,996,459 Total AFS Fixed Maturity Securities $ 84,816,060 $ (248,511) $ 716,867 $ (7,688,181) $ 77,596,235 (1) Represents the cumulative amount of credit impairments that have been recognized in the consolidated statements of operations (as net investment (losses) gains) or that were recognized as a gross-up of the purchase price of PCD securities. Amount excludes unrealized losses related to non-credit impairment. (2) Includes credit loss allowances on purchase-credit deteriorated fixed-maturity securities of $(8.0) million. Cost or Amortized Cost Allowance for Credit Losses (1)(2) Gross Unrealized Fair Value As of December 31, 2023 Gains Losses AFS Fixed Maturity Securities Portfolio by Type: U.S. Government and Agencies $ 1,209,507 $ — $ 62,514 $ (68,929) $ 1,203,092 U.S. State, Municipal and Political Subdivisions 5,562,826 — 29,699 (985,133) 4,607,392 Corporate 46,378,337 (49,008) 211,570 (6,592,143) 39,948,756 RMBS 8,734,629 (152,067) 38,206 (674,550) 7,946,218 CMBS 7,491,743 (35,953) 4,195 (731,358) 6,728,627 CBOs 2,951,511 (1,214) — (143,818) 2,806,479 CLOs 3,493,731 (19,077) 6,483 (52,365) 3,428,772 ABSs 2,901,573 (11,393) 14,358 (159,686) 2,744,852 Total AFS Fixed Maturity Securities $ 78,723,857 $ (268,712) $ 367,025 $ (9,407,982) $ 69,414,188 (1) Represents the cumulative amount of credit impairments that have been recognized in the consolidated statements of operations (as net investment (losses) gains) or that were recognized as a gross-up of the purchase price of PCD securities. Amount excludes unrealized losses related to non-credit impairment. (2) Includes credit loss allowances on purchase-credit deteriorated fixed-maturity securities of $(12.8) million. The maturity distribution for AFS fixed maturity securities is as follows: As of September 30, 2024 Cost or Fair Value Due in One Year or Less $ 1,484,829 $ 1,471,191 Due After One Year Through Five Years 13,228,006 13,129,199 Due After Five Years Through Ten Years 8,101,805 7,882,628 Due After Ten Years 32,450,737 26,774,192 Subtotal 55,265,377 49,257,210 RMBS 11,245,083 10,815,026 CMBS 8,301,394 7,899,199 CBOs 2,625,968 2,557,299 CLOs 4,073,350 4,071,042 ABSs 3,056,377 2,996,459 Total AFS Fixed Maturity Securities $ 84,567,549 $ 77,596,235 The following tables provide information about AFS fixed maturity securities that have been continuously in an unrealized loss position: Less Than 12 months 12 months or More Total As of September 30, 2024 Fair Unrealized Losses Fair Unrealized Losses Fair Unrealized Losses AFS Fixed Maturity Securities Portfolio by Type: U.S. Government and Agencies $ 280,737 $ (6,861) $ 219,387 $ (61,981) $ 500,124 $ (68,842) U.S. State, Municipal and Political Subdivisions 30,826 (885) 3,648,599 (835,422) 3,679,425 (836,307) Corporate 3,615,097 (149,370) 21,044,515 (5,491,578) 24,659,612 (5,640,948) RMBS 1,105,274 (29,841) 4,136,740 (502,723) 5,242,014 (532,564) CMBS 813,484 (5,241) 4,782,526 (423,421) 5,596,010 (428,662) CBOs 1,181 (8) 2,556,117 (68,661) 2,557,298 (68,669) CLOs 162,512 (536) 354,552 (22,111) 517,064 (22,647) ABSs 221,232 (3,438) 1,497,399 (86,104) 1,718,631 (89,542) Total AFS Fixed Maturity Securities in a Continuous Loss Position $ 6,230,343 $ (196,180) $ 38,239,835 $ (7,492,001) $ 44,470,178 $ (7,688,181) Less Than 12 months 12 months or More Total As of December 31, 2023 Fair Unrealized Losses Fair Unrealized Losses Fair Unrealized Losses AFS Fixed Maturity Securities Portfolio by Type: U.S. Government and Agencies $ 94,807 $ (2,512) $ 198,750 $ (66,417) $ 293,557 $ (68,929) U.S. State, Municipal and Political Subdivisions 112,468 (4,140) 3,829,447 (980,993) 3,941,915 (985,133) Corporate 4,360,234 (189,026) 27,108,292 (6,403,117) 31,468,526 (6,592,143) RMBS 1,371,230 (66,550) 4,354,902 (608,000) 5,726,132 (674,550) CMBS 332,095 (4,535) 6,031,766 (726,823) 6,363,861 (731,358) CBOs 1,867 (118) 2,804,612 (143,700) 2,806,479 (143,818) CLOs 246,728 (868) 1,679,813 (51,497) 1,926,541 (52,365) ABSs 553,438 (15,760) 1,742,373 (143,926) 2,295,811 (159,686) Total AFS Fixed Maturity Securities in a Continuous Loss Position $ 7,072,867 $ (283,509) $ 47,749,955 $ (9,124,473) $ 54,822,822 $ (9,407,982)
Schedule of Mortgage and Other Loans Receivable	Mortgage and other loan receivables consist of the following: September 30, 2024 December 31, 2023 Commercial Mortgage Loans (1) $ 24,892,488 $ 21,861,245 Residential Mortgage Loans (1) 21,166,505 12,722,778 Consumer Loans 4,808,296 4,424,882 Other Loan Receivables (2) 1,425,494 771,465 Total Mortgage and Other Loan Receivables 52,292,783 39,780,370 Allowance for Credit Losses (3) (621,244) (602,443) Total Mortgage and Other Loan Receivables, Net of Allowance for Credit Losses $ 51,671,539 $ 39,177,927 (1) Includes $596.4 million and $697.4 million of loans carried at fair value using the fair value option as of September 30, 2024 and December 31, 2023, respectively. The fair value option was elected for these loans for asset-liability matching purposes. These loans had unpaid principal balances of $665.1 million and $785.2 million as of September 30, 2024 and December 31, 2023, respectively. (2) As of September 30, 2024, other loan receivables consisted primarily of renewable energy development loans, warehouse facility loans backed by agricultural mortgages, loans collateralized by aircraft and loans collateralized by residential mortgages of $501.8 million, $411.6 million, $306.4 million and $200.0 million, respectively. As of December 31, 2023, other loan receivables consisted primarily of loans collateralized by aircraft and loans collateralized by residential mortgages of $315.4 million and $200.0 million, respectively. (3) Includes credit loss allowances on purchase-credit deteriorated mortgage and other loan receivables of $(70.9) million and $(91.7) million as of September 30, 2024 and December 31, 2023, respectively.
Schedule of Maturity Distribution by Contractual Maturity for Residential and Commercial Mortgage Loans	The maturity distribution for residential and commercial mortgage loans was as follows as of September 30, 2024: Years Residential Commercial Total Mortgage Loans Remainder of 2024 $ 30,659 $ 924,578 $ 955,237 2025 13,247 4,163,869 4,177,116 2026 641,891 7,228,224 7,870,115 2027 694,995 5,972,908 6,667,903 2028 127,673 1,651,147 1,778,820 2029 11,855 1,456,911 1,468,766 Thereafter 19,646,185 3,494,851 23,141,036 Total $ 21,166,505 $ 24,892,488 $ 46,058,993
Schedule of Mortgage Loan Portfolio by Geographic Region and Property Type	The following tables present the mortgage loans by geographic region and property type: Mortgage Loans – Carrying Value by Geographic Region September 30, 2024 December 31, 2023 South Atlantic $ 12,745,571 27.7 % $ 9,653,955 27.9 % Pacific 11,694,902 25.4 % 8,649,256 25.0 % Middle Atlantic 5,521,793 12.0 % 4,436,129 12.8 % West South Central 5,394,194 11.7 % 4,202,501 12.2 % Mountain 4,143,364 9.0 % 3,262,801 9.4 % New England 1,635,089 3.5 % 1,470,741 4.3 % East North Central 1,512,154 3.3 % 1,166,460 3.4 % East South Central 976,295 2.1 % 731,053 2.1 % West North Central 466,544 1.0 % 358,609 1.0 % Foreign and other regions 1,969,087 4.3 % 652,518 1.9 % Total by Geographic Region $ 46,058,993 100.0 % $ 34,584,023 100.0 % Mortgage Loans – Carrying Value by Property Type September 30, 2024 December 31, 2023 Residential $ 21,166,505 46.0 % $ 12,722,778 36.8 % Multi-family 12,816,018 27.8 % 11,495,638 33.2 % Industrial 5,995,547 13.0 % 4,415,819 12.8 % Office Building 4,362,688 9.5 % 4,586,277 13.3 % Other Property Types 904,038 2.0 % 578,799 1.7 % Retail 471,538 1.0 % 493,596 1.4 % Warehouse 342,659 0.7 % 291,116 0.8 % Total by Property Type $ 46,058,993 100.0 % $ 34,584,023 100.0 %
Schedule of Receivables by Credit Quality Indicator	The following table represents the portfolio of mortgage and loan receivables by origination year and performance status as of September 30, 2024 and December 31, 2023: By Year of Origination Performance Status as of September 30, 2024 2024 2023 2022 2021 2020 Prior Total Commercial Mortgage Loans Gross Charge-offs for the Nine Months Ended September 30, 2024 $ — $ — $ — $ (80,798) $ (10,695) $ (51,598) $ (143,091) Current $ 3,785,908 $ 3,577,384 $ 6,277,362 $ 6,427,647 $ 621,858 $ 4,000,782 $ 24,690,941 30 to 59 Days Past Due — — — — — — — 60 to 89 Days Past Due — — — — — 62,586 62,586 90 days or More Past Due or in Process of Foreclosure — — — 138,961 — — 138,961 Total Commercial Mortgage Loans $ 3,785,908 $ 3,577,384 $ 6,277,362 $ 6,566,608 $ 621,858 $ 4,063,368 $ 24,892,488 Residential Mortgage Loans Gross Charge-offs for the Nine Months Ended September 30, 2024 $ (15) $ (7) $ (1,308) $ (2,565) $ (524) $ (697) $ (5,116) Current $ 7,450,608 $ 4,245,179 $ 1,907,434 $ 4,191,686 $ 1,255,271 $ 1,569,854 $ 20,620,032 30 to 59 Days Past Due 39,953 54,281 36,798 33,144 4,314 79,418 247,908 60 to 89 Days Past Due 10,834 15,298 6,204 8,513 1,238 26,644 68,731 90 days or More Past Due or in Process of Foreclosure 2,735 23,749 21,575 60,998 7,854 112,923 229,834 Total Residential Mortgage Loans $ 7,504,130 $ 4,338,507 $ 1,972,011 $ 4,294,341 $ 1,268,677 $ 1,788,839 $ 21,166,505 Consumer Loans Gross Charge-offs for the Nine Months Ended September 30, 2024 $ (421) $ (4,128) $ (17,095) $ (57,920) $ (15,160) $ (22,582) $ (117,306) Current $ 549,810 $ 505,671 $ 481,100 $ 1,469,991 $ 598,206 $ 1,101,452 $ 4,706,230 30 to 59 Days Past Due 449 2,436 5,072 23,537 4,145 15,623 51,262 60 to 89 Days Past Due 98 1,089 2,267 11,435 2,105 8,147 25,141 90 days or More Past Due or in Process of Foreclosure 172 2,282 3,067 10,022 2,899 7,221 25,663 Total Consumer Loans $ 550,529 $ 511,478 $ 491,506 $ 1,514,985 $ 607,355 $ 1,132,443 $ 4,808,296 Total Mortgage and Consumer Loan Receivables $ 11,840,567 $ 8,427,369 $ 8,740,879 $ 12,375,934 $ 2,497,890 $ 6,984,650 $ 50,867,289 By Year of Origination Performance Status as of December 31, 2023 2023 2022 2021 2020 2019 Prior Total Commercial Mortgage Loans Gross Charge-offs for the Year Ended December 31, 2023 $ — $ — $ — $ — $ (14,000) $ (7,616) $ (21,616) Current $ 3,600,652 $ 6,278,419 $ 6,633,293 $ 624,457 $ 1,395,717 $ 2,969,381 $ 21,501,919 30 to 59 Days Past Due — — — — — — — 60 to 89 Days Past Due — — — — — 79,635 79,635 90 days or More Past Due or in Process of Foreclosure — — 182,069 36,859 — 60,763 279,691 Total Commercial Mortgage Loans $ 3,600,652 $ 6,278,419 $ 6,815,362 $ 661,316 $ 1,395,717 $ 3,109,779 $ 21,861,245 Residential Mortgage Loans Gross Charge-offs for the Year Ended December 31, 2023 $ (6) $ (1,228) $ (2,244) $ (913) $ (1,412) $ (2,373) $ (8,176) Current $ 2,794,600 $ 1,981,373 $ 4,518,357 $ 1,358,200 $ 221,566 $ 1,365,231 $ 12,239,327 30 to 59 Days Past Due 43,432 22,291 37,082 3,554 5,461 84,079 195,899 60 to 89 Days Past Due 8,467 8,520 9,991 1,437 1,389 26,565 56,369 90 days or More Past Due or in Process of Foreclosure 2,518 19,326 72,753 12,048 9,265 115,273 231,183 Total Residential Mortgage Loans $ 2,849,017 $ 2,031,510 $ 4,638,183 $ 1,375,239 $ 237,681 $ 1,591,148 $ 12,722,778 Consumer Loans Gross Charge-offs for the Year Ended December 31, 2023 $ (185) $ (18,117) $ (83,147) $ (23,273) $ (15,740) $ (19,783) $ (160,245) Current $ 109,393 $ 497,113 $ 1,726,280 $ 701,655 $ 610,988 $ 656,270 $ 4,301,699 30 to 59 Days Past Due 1,707 4,229 28,966 5,082 4,497 12,686 57,167 60 to 89 Days Past Due 1,193 2,548 14,872 3,298 2,561 6,756 31,228 90 days or More Past Due or in Process of Foreclosure 2,597 3,991 13,461 4,281 3,907 6,551 34,788 Total Consumer Loans $ 114,890 $ 507,881 $ 1,783,579 $ 714,316 $ 621,953 $ 682,263 $ 4,424,882 Total Mortgage and Consumer Loan Receivables $ 6,564,559 $ 8,817,810 $ 13,237,124 $ 2,750,871 $ 2,255,351 $ 5,383,190 $ 39,008,905
Schedule of Loan-To-Value Ratios	The following table summarizes Global Atlantic's loan-to-value ratios for its commercial mortgage loans as of September 30, 2024 and December 31, 2023: Loan-to-value as of September 30, 2024, by Year of Origination Carrying Value Loan-to-value 70% and Less Carrying Value Loan-to-value 71% - 90% Carrying Value Loan-to-value Over 90% Total Carrying Value 2024 $ 3,587,487 $ 198,421 $ — $ 3,785,908 2023 3,577,384 — — 3,577,384 2022 5,853,372 365,940 58,050 6,277,362 2021 4,732,051 1,552,684 281,873 6,566,608 2020 494,698 91,956 35,204 621,858 2019 1,166,505 54,667 38,696 1,259,868 Prior 2,605,402 53,654 144,444 2,803,500 Total Commercial Mortgage Loans $ 22,016,899 $ 2,317,322 $ 558,267 $ 24,892,488 Loan-to-value as of December 31, 2023, by Year of Origination Carrying Value Loan-to-value 70% and Less Carrying Value Loan-to-value 71% - 90% Carrying Value Loan-to-value Over 90% Total Carrying Value 2023 $ 3,600,652 $ — $ — $ 3,600,652 2022 5,912,623 365,796 — 6,278,419 2021 5,110,011 1,483,763 221,588 6,815,362 2020 496,085 93,210 72,021 661,316 2019 1,257,983 93,661 44,073 1,395,717 2018 881,620 52,640 114,989 1,049,249 Prior 1,991,780 — 68,750 2,060,530 Total Commercial Mortgage Loans $ 19,250,754 $ 2,089,070 $ 521,421 $ 21,861,245
Schedule of Financing Receivable, Troubled Debt Restructuring	The tables below present the carrying value of loans to borrowers experiencing financial difficulty, for which modifications have been granted during the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 by Loan Type Deferral of Amounts Due Interest Rate Relief Maturity Extension Combination (1) Total Percentage of Total Carrying Value Outstanding Commercial Mortgage Loans $ — $ — $ — $ 184,085 $ 184,085 0.74 % Residential Mortgage Loans (2) 4,061 — — 10,909 14,970 0.07 % Consumer Loans 2,161 778 27,268 45,525 75,732 1.58 % Total $ 6,222 $ 778 $ 27,268 $ 240,519 $ 274,787 (1) Includes modifications involving a combination of deferral of amounts due, interest rate relief, or maturity extension. (2) Certain loans that were modified in prior periods have since been repaid in full. Nine Months Ended September 30, 2023 by Loan Type Deferral of Amounts Due Interest Rate Relief Maturity Extension Combination (1) Total Percentage of Total Carrying Value Outstanding Commercial Mortgage Loans $ — $ — $ — $ 224,761 $ 224,761 1.10 % Residential Mortgage Loans (2) 1,161 1,204 22,764 3,206 28,335 0.24 % Consumer Loans 5,995 2,598 44,811 14,128 67,532 1.46 % Total $ 7,156 $ 3,802 $ 67,575 $ 242,095 $ 320,628 (1) Includes modifications involving a combination of deferral of amounts due, interest rate relief, or maturity extension. (2) Certain loans that were modified in the prior periods have since been repaid in full. The table below presents the performance status of the loans modified during the twelve months ended September 30, 2024: Performance Status as of September 30, 2024 by Loan Type Current 30-59 Days Past Due 60-89 Days Past Due 90 days or More Past Due or in Process of Foreclosure Total Commercial Mortgage Loans $ 438,749 $ — $ — $ — $ 438,749 Residential Mortgage Loans 16,253 1,938 322 1,573 20,086 Consumer Loans 65,188 13,340 5,616 2,795 86,939 Total (1) $ 520,190 $ 15,278 $ 5,938 $ 4,368 $ 545,774 (1) Loans may have been modified more than once during the twelve months period; in this circumstance, the loan is only included once in this table. In addition, certain loans that were modified in prior quarters have since been repaid in full.
Schedule of Repurchase Agreements	The carrying value of assets pledged for repurchase agreements by type of collateral and remaining contractual maturity of the repurchase agreements as of September 30, 2024 and December 31, 2023 is presented in the following tables: As of September 30, 2024 Overnight <30 Days 30 - 90 Days > 90 Days Total AFS Corporate Securities $ — $ — $ — $ — $ — Residential Mortgage Loans — 2,374 80,199 128,063 210,636 Total Assets Pledged $ — $ 2,374 $ 80,199 $ 128,063 $ 210,636 As of December 31, 2023 Overnight <30 Days 30 - 90 Days > 90 Days Total AFS Corporate Securities $ — $ — $ 524,411 $ 849,368 $ 1,373,779 Residential Mortgage Loans — 39,289 — — 39,289 Total Assets Pledged $ — $ 39,289 $ 524,411 $ 849,368 $ 1,413,068

DERIVATIVES (Tables)

DERIVATIVES (Tables)	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Value and Notional Value of Derivative Assets and Liabilities	The fair value and notional value of the derivative assets and liabilities were as follows: As of September 30, 2024 Notional Derivative Derivative Asset Management and Strategic Holdings Foreign Exchange Contracts and Options $ 17,514,755 $ 180,689 $ 575,940 Other Derivatives 580,500 2,442 3,595 Total Asset Management and Strategic Holdings $ 18,095,255 $ 183,131 $ 579,535 Insurance Derivatives Designated as Hedge Accounting Instruments: Interest Rate Contracts $ 12,815,742 $ 53,742 $ 291,866 Foreign Currency Contracts 2,474,065 7,805 82,336 Total Derivatives Designated as Hedge Accounting Instruments $ 15,289,807 $ 61,547 $ 374,202 Derivatives Not Designated as Hedge Accounting Instruments: Equity Market Contracts $ 36,371,795 $ 2,035,779 $ 183,989 Interest Rate Contracts 29,981,843 248,933 258,875 Foreign Currency Contracts 2,795,486 80,328 154,179 Other Contracts 61,071 — 8,495 Total Derivatives Not Designated as Hedge Accounting Instruments $ 69,210,195 $ 2,365,040 $ 605,538 Impact of Netting (2) — (2,340,512) (788,114) Total Insurance (1) $ 84,500,002 $ 86,075 $ 191,626 Fair Value Included Within Total Assets and Liabilities $ 102,595,257 $ 269,206 $ 771,161 (1) Excludes embedded derivatives. The fair value of these embedded derivatives related to assets was $95.3 million and the fair value of these embedded derivatives related to liabilities was $4.2 billion as of September 30, 2024. (2) Represents netting of derivative exposures covered by qualifying master netting agreements. As of December 31, 2023 Notional Derivative Derivative Asset Management and Strategic Holdings Foreign Exchange Contracts and Options $ 15,771,463 $ 264,621 $ 441,608 Other Derivatives 374,604 4,792 2,382 Total Asset Management and Strategic Holdings $ 16,146,067 $ 269,413 $ 443,990 Insurance Derivatives Designated as Hedge Accounting Instruments: Interest Rate Contracts $ 7,320,500 $ — $ 372,212 Foreign Currency Contracts 2,302,335 24,278 73,478 Total Derivatives Designated as Hedge Accounting Instruments $ 9,622,835 $ 24,278 $ 445,690 Derivatives Not Designated as Hedge Accounting Instruments: Equity Market Contracts $ 35,203,206 $ 1,480,875 $ 248,127 Interest Rate Contracts 22,259,423 284,067 306,244 Foreign Currency Contracts 1,331,345 65,803 56,616 Other Contracts 60,000 — 600 Total Derivatives Not Designated as Hedge Accounting Instruments $ 58,853,974 $ 1,830,745 $ 611,587 Impact of Netting (2) — (1,809,329) (911,080) Total Insurance (1) $ 68,476,809 $ 45,694 $ 146,197 Fair Value Included Within Total Assets and Liabilities $ 84,622,876 $ 315,107 $ 590,187 (1) Excludes embedded derivatives. The fair value of these embedded derivatives related to assets was $88.7 million and the fair value of these embedded derivatives related to liabilities was $1.6 billion as of December 31, 2023. (2) Represents netting of derivative exposures covered by qualifying master netting agreements.
Schedule of Derivative Liabilities at Fair Value	The following table presents the financial statement classification, carrying amount and cumulative fair value hedging adjustments for qualifying hedged assets and liabilities: As of September 30, 2024 As of December 31, 2023 Carrying Amount of Hedged Assets/(Liabilities) Cumulative Amount of Fair Value Hedging Adjustments Included in the Carrying Amount of Hedged Assets/(Liabilities) (1) Carrying Amount of Hedged Assets/(Liabilities) Cumulative Amount of Fair Value Hedging Adjustments Included in the Carrying Amount of Hedged Assets/(Liabilities) (1) AFS Fixed Maturity Securities (2) $ 2,249,047 $ 33,784 $ 2,324,364 $ 80,210 Debt (2,413,581) (98,292) (1,608,294) (165,817) Policy Liabilities (4,504,481) (154,561) (4,380,048) (255,308) (1) Includes $16.9 million and $27.8 million of hedging adjustments on discontinued hedging relationships as of September 30, 2024 and December 31, 2023 , respectively. (2) Carrying amount is the amortized cost for AFS debt securities.
Schedule of Derivative Gains and Losses	The following table presents the financial statement classification and amount of gains (losses) recognized on derivative instruments and related hedged items, where applicable: Three Months Ended September 30, 2024 Net Gains (Losses) from Investment Activities Net Investment-Related Gains (Losses) Net Investment Income Net Policy Benefits and Claims Interest Expense Change in AOCI Derivatives Designated as Hedge Accounting Instruments: Fair Value Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments: Interest Rate Contracts $ — $ — $ — $ 55,641 $ 96,672 $ — Foreign Currency Contracts — (91,222) 683 — — 15,275 Total Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ (91,222) $ 683 $ 55,641 $ 96,672 $ 15,275 Gains (Losses) on Hedged Items: Interest Rate Contracts $ — $ — $ — $ (55,641) $ (96,672) $ — Foreign Currency Contracts — 88,474 — — — — Total Gains (Losses) on Hedged Items $ — $ 88,474 $ — $ (55,641) $ (96,672) $ — Amortization for Gains (Losses) Excluded from Assessment of Effectiveness: Foreign Currency Contracts $ — $ 1,321 $ — $ — $ — $ — Total Amortization for Gains (Losses) Excluded from Assessment of Effectiveness — 1,321 — — — — Total Gains (Losses) on Fair Value Hedges, Net of Hedged Items $ — $ (1,427) $ 683 $ — $ — $ 15,275 Cash Flow Hedges Interest Rate Contracts $ — $ 887 $ (3,215) $ — $ — $ 79,725 Total Gains (Losses) on Cash Flow Hedges $ — $ 887 $ (3,215) $ — $ — $ 79,725 Net Investment Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ (106) $ 405 $ — $ — $ (4,149) Total Gains (Losses) on Net Investment Hedges $ — $ (106) $ 405 $ — $ — $ (4,149) Derivatives Not Designated as Hedge Accounting Instruments: Asset Management and Strategic Holdings Foreign Exchange Contracts and Options $ (439,183) $ — $ — $ — $ — $ — Other Derivatives (19,357) — — — — — Total included in Net Gains (Losses) from Investment Activities $ (458,540) $ — $ — $ — $ — $ — Insurance Embedded Derivatives - Funds Withheld Receivable $ — $ (19,012) $ — $ — $ — $ — Embedded Derivatives - Funds Withheld Payable — (1,305,338) — — — — Equity Index Options — 231,926 — — — — Equity Future Contracts — (25,426) — — — — Interest Rate Contracts — 324,733 — — — — Foreign Exchange and Other Derivative Contracts — (83,770) — — — — Total Gains (Losses) on Derivatives Not Designated as Hedge Accounting Instruments from Insurance Activities $ — $ (876,887) $ — $ — $ — $ — Total $ (458,540) $ (877,533) $ (2,127) $ — $ — $ 90,851 Nine Months Ended September 30, 2024 Net Gains (Losses) from Investment Activities Net Investment-Related Gains (Losses) Net Investment Income Net Policy Benefits and Claims Interest Expense Change in AOCI Derivatives Designated as Hedge Accounting Instruments: Fair Value Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments: Interest Rate Contracts $ — $ — $ — $ (28,122) $ 14,469 $ — Foreign Currency Contracts — (34,237) 2,678 — — 8,857 Total Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ (34,237) $ 2,678 $ (28,122) $ 14,469 $ 8,857 Gains (Losses) on Hedged Items: Interest Rate Contracts $ — $ — $ — $ 28,122 $ (14,469) $ — Foreign Currency Contracts — 33,784 — — — — Total Gains (Losses) on Hedged Items $ — $ 33,784 $ — $ 28,122 $ (14,469) $ — Amortization for Gains (Losses) Excluded from Assessment of Effectiveness: Foreign Currency Contracts $ — $ 14,035 $ — $ — $ — $ — Total Amortization for Gains (Losses) Excluded from Assessment of Effectiveness — $ 14,035 $ — $ — $ — $ — Total Gains (Losses) on Fair Value Hedges, Net of Hedged Items $ — $ 13,582 $ 2,678 $ — $ — $ 8,857 Cash Flow Hedges Interest Rate Contracts $ — $ — $ (4,935) $ — $ — $ 29,971 Total Gains (Losses) on Cash Flow Hedges $ — $ — $ (4,935) $ — $ — $ 29,971 Net Investment Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ — $ 405 $ — $ — $ (13,402) Total Gains (Losses) on Net Investment Hedges $ — $ — $ 405 $ — $ — $ (13,402) Derivatives Not Designated as Hedge Accounting Instruments: Asset Management and Strategic Holdings Foreign Exchange Contracts and Options (165,930) $ — $ — $ — $ — $ — Other Derivatives (18,086) — — — — — Total included in Net Gains (Losses) from Investment Activities $ (184,016) $ — $ — $ — $ — $ — Insurance Embedded Derivatives - Funds Withheld Receivable $ — $ 6,592 $ — $ — $ — $ — Embedded Derivatives - Funds Withheld Payable — (852,165) — — — — Equity Index Options — 580,358 — — — — Equity Future Contracts — (96,312) — — — — Interest Rate Contracts — (42,280) — — — — Foreign Exchange and Other Derivative Contracts — (61,522) — — — — Total Gains (Losses) on Derivatives Not Designated as Hedge Accounting Instruments from Insurance Activities $ — $ (465,329) $ — $ — $ — $ — Total $ (184,016) $ (451,747) $ (1,852) $ — $ — $ 25,426 Three Months Ended September 30, 2023 Net Gains (Losses) from Investment Activities Net Investment-Related Gains (Losses) Net Investment Income Net Policy Benefits and Claims Interest Expense Change in AOCI Derivatives Designated as Hedge Accounting Instruments: Fair Value Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments: Interest Rate Contracts $ — $ — $ — $ (68,477) $ (57,764) $ — Foreign Currency Contracts — 70,209 — — — 318 Total Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ 70,209 $ — $ (68,477) $ (57,764) $ 318 Gains (Losses) on Hedged Items: Interest Rate Contracts $ — $ — $ — $ 68,477 $ 57,764 $ — Foreign Currency Contracts — (69,155) — — — — Total Gains (Losses) on Hedged Items $ — $ (69,155) $ — $ 68,477 $ 57,764 $ — Amortization for Gains (Losses) Excluded from Assessment of Effectiveness: Foreign Currency Contracts $ — $ 7,150 $ — $ — $ — $ — Total Amortization for Gains (Losses) Excluded from Assessment of Effectiveness $ — $ 7,150 $ — $ — $ — — Total Gains (Losses) on Fair Value Hedges, Net of Hedged Items $ — $ 8,204 $ — $ — $ — $ 318 Cash Flow Hedges Interest Rate Contracts $ — $ (279) $ — $ — $ — $ (160,607) Total Gains (Losses) on Cash Flow Hedges $ — $ (279) $ — $ — $ — $ (160,607) Derivatives Not Designated as Hedge Accounting Instruments: Asset Management and Strategic Holdings Foreign Exchange Contracts and Options $ 166,539 $ — $ — $ — $ — $ — Other Derivatives 11,416 — — — — — Total included in Net Gains (Losses) from Investment Activities $ 177,955 $ — $ — $ — $ — $ — Insurance Embedded Derivatives - Funds Withheld Receivable $ — $ 75,929 $ — $ — $ — $ — Embedded Derivatives - Funds Withheld Payable — 666,599 — — — — Equity Index Options — (191,382) — — — — Equity Future Contracts — 52,484 — — — — Interest Rate and Foreign Exchange Contracts — (297,107) — — — — Other — (68) — — — — Total Gains (Losses) on Derivatives Not Designated as Hedge Accounting Instruments from Insurance Activities $ — $ 306,455 $ — $ — $ — $ — Total $ 177,955 $ 314,380 $ — $ — $ — $ (160,289) Nine Months Ended September 30, 2023 Net Gains (Losses) from Investment Activities Net Investment-Related Gains (Losses) Net Investment Income Net Policy Benefits and Claims Interest Expense Change in AOCI Derivatives Designated as Hedge Accounting Instruments: Fair Value Hedges Gains (Losses) on Derivatives Designated as Hedge Instruments: Interest Rate Contracts $ — $ — $ — $ (119,815) $ (78,152) $ — Foreign Currency Contracts — 15,309 — — — 3,201 Total Gains (Losses) on Derivatives Designated as Hedge Instruments $ — $ 15,309 $ — $ (119,815) $ (78,152) $ 3,201 Gains (Losses) on Hedged Items: Interest Rate Contracts $ — $ — $ — $ 119,815 $ 78,152 $ — Foreign Currency Contracts — (13,118) — — — — Total Gains (Losses) on Hedged Items $ — $ (13,118) $ — $ 119,815 $ 78,152 $ — Amortization for Gains (Losses) Excluded from Assessment of Effectiveness: Foreign Currency Contracts $ — $ 21,205 $ — $ — $ — $ — Total Amortization for Gains (Losses) Excluded from Assessment of Effectiveness $ — $ 21,205 $ — $ — $ — $ — Total Gains (Losses) on Fair Value Hedges, Net of Hedged Items $ — $ 23,396 $ — $ — $ — $ 3,201 Cash Flow Hedges Interest Rate Contracts $ — $ (816) $ — $ — $ — $ (123,389) Total Gains (Losses) on Cash Flow Hedges $ — $ (816) $ — $ — $ — $ (123,389) Derivatives Not Designated as Hedge Accounting Instruments: Asset Management and Strategic Holdings Foreign Exchange Contracts and Options $ 135,207 $ — $ — $ — $ — $ — Other Derivatives 31,275 — — — — — Total included in Net Gains (Losses) from Investment Activities $ 166,482 $ — $ — $ — $ — $ — Insurance Embedded Derivatives - Funds Withheld Receivable $ — $ 59,311 $ — $ — $ — $ — Embedded Derivatives - Funds Withheld Payable — 269,206 — — — — Equity Index Options — 123,107 — — — — Equity Future Contracts — (36,724) — — — — Interest Rate and Foreign Exchange Contracts — (392,876) — — — — Other (205) — — — — Total Gains (Losses) on Derivatives Not Designated as Hedge Accounting Instruments from Insurance Activities $ — $ 21,819 $ — $ — $ — $ — Total $ 166,482 $ 44,399 $ — $ — $ — $ (120,188)
Schedule of Offsetting Assets	The amount of Global Atlantic's net derivative assets and liabilities after consideration of collateral received or pledged were as follows: As of September 30, 2024 Gross Amount Recognized Gross Amounts Offset in the Statements of Financial Position (1) Net Amounts Presented in the Statements of Financial Condition Collateral (Received) / Pledged Net Amount after Collateral Derivative Assets (Excluding Embedded Derivatives) $ 2,426,587 $ (2,340,512) $ 86,075 $ (128,902) $ (42,827) Derivative Liabilities (Excluding Embedded Derivatives) $ 979,740 $ (788,114) $ 191,626 $ 229,388 $ (37,762) (1) Represents netting of derivative exposures covered by qualifying master netting agreements. As of December 31, 2023 Gross Amount Recognized Gross Amounts Offset in the Statements of Financial Position (1) Net Amounts Presented in the Statements of Financial Condition Collateral (Received) / Pledged Net Amount after Collateral Derivative Assets (Excluding Embedded Derivatives) $ 1,855,023 $ (1,809,329) $ 45,694 $ (45,095) $ 599 Derivative Liabilities (Excluding Embedded Derivatives) $ 1,057,277 $ (911,080) $ 146,197 $ 167,973 $ (21,776) (1) Represents netting of derivative exposures covered by qualifying master netting agreements.
Schedule of Offsetting Liabilities	The amount of Global Atlantic's net derivative assets and liabilities after consideration of collateral received or pledged were as follows: As of September 30, 2024 Gross Amount Recognized Gross Amounts Offset in the Statements of Financial Position (1) Net Amounts Presented in the Statements of Financial Condition Collateral (Received) / Pledged Net Amount after Collateral Derivative Assets (Excluding Embedded Derivatives) $ 2,426,587 $ (2,340,512) $ 86,075 $ (128,902) $ (42,827) Derivative Liabilities (Excluding Embedded Derivatives) $ 979,740 $ (788,114) $ 191,626 $ 229,388 $ (37,762) (1) Represents netting of derivative exposures covered by qualifying master netting agreements. As of December 31, 2023 Gross Amount Recognized Gross Amounts Offset in the Statements of Financial Position (1) Net Amounts Presented in the Statements of Financial Condition Collateral (Received) / Pledged Net Amount after Collateral Derivative Assets (Excluding Embedded Derivatives) $ 1,855,023 $ (1,809,329) $ 45,694 $ (45,095) $ 599 Derivative Liabilities (Excluding Embedded Derivatives) $ 1,057,277 $ (911,080) $ 146,197 $ 167,973 $ (21,776) (1) Represents netting of derivative exposures covered by qualifying master netting agreements.

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities at Fair Value	The following tables summarize the valuation of assets and liabilities measured and reported at fair value by the fair value hierarchy. Investments classified as Equity Method - Other, for which the fair value option has not been elected, and Equity Method - Capital Allocation-Based Income have been excluded from the tables below. Assets, at fair value: September 30, 2024 Level I Level II Level III Total Asset Management and Strategic Holdings Private Equity $ 764,489 $ 665,306 $ 32,978,665 $ 34,408,460 Credit 355,948 2,562,148 4,658,193 7,576,289 Investments of Consolidated CFEs — 25,862,833 — 25,862,833 Real Assets 327,776 146,821 12,740,442 13,215,039 Equity Method - Other 195,341 281,216 1,425,236 1,901,793 Other Investments 171,023 41,751 4,805,336 5,018,110 Total Investments $ 1,814,577 $ 29,560,075 $ 56,607,872 $ 87,982,524 Foreign Exchange Contracts and Options — 180,689 — 180,689 Other Derivatives — 2,442 — 2,442 Total Assets at Fair Value - Asset Management and Strategic Holdings $ 1,814,577 $ 29,743,206 $ 56,607,872 $ 88,165,655 Insurance AFS Fixed Maturity Securities: U.S. Government and Agencies $ 167,809 $ 2,535,031 $ — $ 2,702,840 U.S. State, Municipal and Political Subdivisions — 4,147,757 — 4,147,757 Corporate — 33,364,539 9,042,074 42,406,613 Structured Securities — 26,097,694 2,241,331 28,339,025 Total AFS Fixed Maturity Securities $ 167,809 $ 66,145,021 $ 11,283,405 $ 77,596,235 Trading Fixed Maturity Securities: U.S. Government and Agencies $ 185,258 $ 3,067,928 $ — $ 3,253,186 U.S. State, Municipal and Political Subdivisions — 445,914 — 445,914 Corporate — 12,324,320 961,994 13,286,314 Structured Securities — 6,578,104 588,726 7,166,830 Total Trading Fixed Maturity Securities $ 185,258 $ 22,416,266 $ 1,550,720 $ 24,152,244 Equity Securities 178,744 — 15,773 194,517 Mortgage and Other Loan Receivables — — 596,375 596,375 Other Investments — — 8,105,824 (1) 8,105,824 Funds Withheld Receivable at Interest — — 95,253 95,253 Reinsurance Recoverable — — 955,341 955,341 Derivative Assets: Equity Market Contracts 2,165 2,033,614 — 2,035,779 Interest Rate Contracts 412 302,263 — 302,675 Foreign Currency Contracts — 88,133 — 88,133 Impact of Netting (2,509) (2,338,003) — (2) (2,340,512) Total Derivative Assets $ 68 $ 86,007 $ — $ 86,075 Separate Account Assets 4,134,173 — — 4,134,173 Total Assets at Fair Value - Insurance $ 4,666,052 $ 88,647,294 $ 22,602,691 $ 115,916,037 Total Assets at Fair Value $ 6,480,629 $ 118,390,500 $ 79,210,563 $ 204,081,692 December 31, 2023 Level I Level II Level III Total Asset Management and Strategic Holdings Private Equity $ 1,762,257 $ 58,653 $ 30,921,574 $ 32,742,484 Credit 281,626 2,540,362 5,452,916 8,274,904 Investments of Consolidated CFEs — 24,996,298 — 24,996,298 Real Assets 676,808 27,567 11,295,633 12,000,008 Equity Method - Other 418,791 326,835 1,537,962 2,283,588 Other Investments 218,151 95,453 4,265,768 4,579,372 Total Investments $ 3,357,633 $ 28,045,168 $ 53,473,853 $ 84,876,654 Foreign Exchange Contracts and Options — 264,621 — 264,621 Other Derivatives — 4,792 — 4,792 Total Assets at Fair Value - Asset Management and Strategic Holdings $ 3,357,633 $ 28,314,581 $ 53,473,853 $ 85,146,067 Insurance AFS Fixed Maturity Securities: U.S. Government and Agencies $ 1,082,421 $ 120,671 $ — $ 1,203,092 U.S. State, Municipal and Political Subdivisions — 4,607,392 — 4,607,392 Corporate — 31,377,753 8,571,003 39,948,756 Structured Securities — 21,824,948 1,830,000 23,654,948 Total AFS Fixed Maturity Securities $ 1,082,421 $ 57,930,764 $ 10,401,003 $ 69,414,188 Trading Fixed Maturity Securities: U.S. Government and Agencies $ 2,354,194 $ 163,919 $ — $ 2,518,113 U.S. State, Municipal and Political Subdivisions — 1,223,946 — 1,223,946 Corporate — 9,815,909 656,923 10,472,832 Structured Securities — 3,997,341 593,238 4,590,579 Total Trading Fixed Maturity Securities $ 2,354,194 $ 15,201,115 $ 1,250,161 $ 18,805,470 Equity Securities 4,215 — 15,522 19,737 Mortgage and Other Loan Receivables — — 697,402 697,402 Other Investments — — 4,925,751 (1) 4,925,751 Funds Withheld Receivable at Interest — — 88,661 88,661 Reinsurance Recoverable — — 926,035 926,035 Derivative Assets: Equity Market Contracts 1,669 1,479,206 — 1,480,875 Interest Rate Contracts 19,474 264,593 — 284,067 Foreign Currency Contracts — 90,081 — 90,081 Impact of Netting (23,522) (1,785,807) — (2) (1,809,329) Total Derivative Assets $ (2,379) $ 48,073 $ — $ 45,694 Separate Account Assets 4,107,000 — — 4,107,000 Total Assets at Fair Value - Insurance $ 7,545,451 $ 73,179,952 $ 18,304,535 $ 99,029,938 Total Assets at Fair Value $ 10,903,084 $ 101,494,533 $ 71,778,388 $ 184,176,005 (1) Other investments excluded from the fair value hierarchy table include private equity funds for which fair value is measured at net asset value per share as a practical expedient. As of September 30, 2024 and December 31, 2023, the fair value of these investments was $57.7 million and $138.5 million, respectively. These investments have strategies primarily focused on real assets (including real estate and infrastructure) and are subject to certain restrictions on redemption. As of September 30, 2024, there were $2.8 million of unfunded commitments associated with these investments. (2) Represents netting of derivative exposures covered by qualifying master netting agreements. Liabilities, at fair value: September 30, 2024 Level I Level II Level III Total Asset Management and Strategic Holdings Securities Sold Short $ 106,708 $ — $ — $ 106,708 Foreign Exchange Contracts and Options — 575,940 — 575,940 Unfunded Revolver Commitments — — 103,926 (1) 103,926 Other Derivatives 9 3,586 — 3,595 Debt Obligations of Consolidated CFEs — 26,189,098 — 26,189,098 Total Liabilities at Fair Value - Asset Management and Strategic Holdings $ 106,717 $ 26,768,624 $ 103,926 $ 26,979,267 Insurance Policy Liabilities (Including Market Risk Benefits) $ — $ — $ 1,429,471 (3) $ 1,429,471 Closed Block Policy Liabilities — — 1,000,749 1,000,749 Funds Withheld Payable at Interest — — (1,595,138) (1,595,138) Derivative Instruments Payable: Equity Market Contracts 5,435 178,554 — 183,989 Interest Rate Contracts 425 550,316 — 550,741 Foreign Currency Contracts — 236,515 — 236,515 Other Contracts — 8,495 — 8,495 Impact of Netting (2,509) (785,605) — (2) (788,114) Total Derivative Instruments Payable 3,351 188,275 — 191,626 Embedded Derivative – Interest-sensitive Life Products — — 512,474 512,474 Embedded Derivative – Annuity Products — — 5,244,375 5,244,375 Total Liabilities at Fair Value - Insurance $ 3,351 $ 188,275 $ 6,591,931 $ 6,783,557 Total Liabilities at Fair Value $ 110,068 $ 26,956,899 $ 6,695,857 $ 33,762,824 December 31, 2023 Level I Level II Level III Total Asset Management and Strategic Holdings Securities Sold Short $ 149,136 $ — $ — $ 149,136 Foreign Exchange Contracts and Options — 441,608 — 441,608 Unfunded Revolver Commitments — — 94,683 (1) 94,683 Other Derivatives 143 2,239 — 2,382 Debt Obligations of Consolidated CFEs — 25,276,404 — 25,276,404 Total Liabilities at Fair Value - Asset Management and Strategic Holdings $ 149,279 $ 25,720,251 $ 94,683 $ 25,964,213 Insurance Policy Liabilities (Including Market Risk Benefits) $ — $ — $ 1,474,970 (3) $ 1,474,970 Closed Block Policy Liabilities — — 968,554 968,554 Funds Withheld Payable at Interest — — (2,447,303) (2,447,303) Derivative Instruments Payable: Equity Market Contracts 7,088 241,039 — 248,127 Interest Rate Contracts 17,931 660,525 — 678,456 Foreign Currency Contracts — 130,094 — 130,094 Other Contracts — 600 — 600 Impact of Netting (23,522) (887,558) — (2) (911,080) Total Derivative Instruments Payable 1,497 144,700 — 146,197 Embedded Derivative – Interest-sensitive Life Products — — 458,302 458,302 Embedded Derivative – Annuity Products — — 3,587,371 3,587,371 Total Liabilities at Fair Value - Insurance $ 1,497 $ 144,700 $ 4,041,894 $ 4,188,091 Total Liabilities at Fair Value $ 150,776 $ 25,864,951 $ 4,136,577 $ 30,152,304 (1) These unfunded revolver commitments are valued using the same valuation methodologies as KKR's Level III credit investments. (2) Represents netting of derivative exposures covered by qualifying master netting agreements. (3) Includes market risk benefit of $1.1 billion as of both September 30, 2024 and December 31, 2023.
Schedule of Changes in Assets and Liabilities Reported at Fair Value for Which Level III Inputs Have Been Used to Determine Fair Value	The following tables summarize changes in assets and liabilities measured and reported at fair value for which Level III inputs have been used to determine fair value for the three months ended September 30, 2024 and 2023, respectively. Three Months Ended September 30, 2024 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers Transfers Out Net Purchases/Issuances/Sales/Settlements Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date Assets Asset Management and Strategic Holdings Private Equity $ 32,816,612 $ (1,064,234) $ — $ (412,552) $ 334,095 $ 1,304,744 $ — $ 32,978,665 $ 1,237,010 $ — Credit 4,817,048 — 26,833 — (124,520) (61,168) — 4,658,193 55,711 — Real Assets 12,782,172 — — — (168,204) 126,474 — 12,740,442 101,569 — Equity Method - Other 1,506,572 — — (60,900) (33,923) 13,487 — 1,425,236 13,376 — Other Investments 4,519,889 — — — 176,142 109,305 — 4,805,336 100,744 — Total Assets - Asset Management and Strategic Holdings $ 56,442,293 $ (1,064,234) $ 26,833 $ (473,452) $ 183,590 $ 1,492,842 $ — $ 56,607,872 $ 1,508,410 $ — Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 8,685,083 $ — $ — $ — $ 266,708 $ 53,500 $ 36,783 $ 9,042,074 $ — $ 36,914 Structured Securities 2,101,668 — — — 91,634 10,103 37,926 2,241,331 — 37,932 Total AFS Fixed Maturity Securities 10,786,751 — — — 358,342 63,603 74,709 11,283,405 — 74,846 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 910,400 — — — 36,047 15,547 — 961,994 15,504 — Structured Securities 600,422 — — — (27,151) 15,455 — 588,726 16,253 — Total Trading Fixed Maturity Securities 1,510,822 — — — 8,896 31,002 — 1,550,720 31,757 — Equity Securities 15,279 — — — — 494 — 15,773 494 — Mortgage and Other Loan Receivables 603,200 — — — (18,795) 11,970 — 596,375 11,872 — Other Investments 7,549,543 — — — 562,255 (5,974) — 8,105,824 (11,171) — Funds Withheld Receivable at Interest 114,265 — — — — (19,012) — 95,253 — — Reinsurance Recoverable 926,695 — — — (1,640) 30,286 — 955,341 — — Total Assets - Insurance $ 21,506,555 $ — $ — $ — $ 909,058 $ 112,369 $ 74,709 $ 22,602,691 $ 32,952 $ 74,846 Total $ 77,948,848 $ (1,064,234) $ 26,833 $ (473,452) $ 1,092,648 $ 1,605,211 $ 74,709 $ 79,210,563 $ 1,541,362 $ 74,846 Nine Months Ended September 30, 2024 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers Transfers Out Net Purchases/Issuances/Sales/Settlements Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date Assets Asset Management and Strategic Holdings Private Equity $ 30,921,574 $ (1,064,234) $ 9,042 $ (412,552) $ 1,319,902 $ 2,204,933 $ — $ 32,978,665 $ 2,138,873 $ — Credit 5,452,916 151,713 174,905 (105,080) (844,989) (171,272) — 4,658,193 (36,417) — Real Assets 11,295,633 934,530 — — 322,565 187,714 — 12,740,442 87,385 — Equity Method - Other 1,537,962 — — (62,977) (33,980) (15,769) — 1,425,236 (17,486) — Other Investments 4,265,768 — — (8,106) 422,279 125,218 177 4,805,336 122,196 177 Total Assets - Asset Management and Strategic Holdings $ 53,473,853 $ 22,009 $ 183,947 $ (588,715) $ 1,185,777 $ 2,330,824 $ 177 $ 56,607,872 $ 2,294,551 $ 177 Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 8,571,003 $ — $ — $ (301) $ 333,979 $ (7,408) $ 144,801 $ 9,042,074 $ — $ 86,625 Structured Securities 1,830,000 — 95,965 — 227,532 25,338 62,496 2,241,331 — 64,049 Total AFS Fixed Maturity Securities 10,401,003 — 95,965 (301) 561,511 17,930 207,297 11,283,405 — 150,674 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 656,923 — 1,416 — 244,628 59,027 — 961,994 21,991 — Structured Securities 593,238 — 106,805 — (151,768) 40,451 — 588,726 25,446 — Total Trading Fixed Maturity Securities 1,250,161 — 108,221 — 92,860 99,478 — 1,550,720 47,437 — Equity Securities 15,522 — — — — 251 — 15,773 251 — Mortgage and Other Loan Receivables 697,402 — — — (117,920) 16,893 — 596,375 19,760 — Other Investments 4,925,751 — — — 3,341,936 (161,863) — 8,105,824 (165,016) — Funds Withheld Receivable at Interest 88,661 — — — — 6,592 — 95,253 — — Reinsurance Recoverable 926,035 — — — (7,989) 37,295 — 955,341 — — Total Assets - Insurance $ 18,304,535 $ — $ 204,186 $ (301) $ 3,870,398 $ 16,576 $ 207,297 $ 22,602,691 $ (97,568) $ 150,674 Total $ 71,778,388 $ 22,009 $ 388,133 $ (589,016) $ 5,056,175 $ 2,347,400 $ 207,474 $ 79,210,563 $ 2,196,983 $ 150,851 Three Months Ended September 30, 2023 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Issuances/Sales/Settlements Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date Assets Asset Management and Strategic Holdings Private Equity $ 28,606,221 $ — $ — $ (29,417) $ 298,497 $ 701,265 $ — $ 29,576,566 $ 678,202 $ — Credit 5,372,882 — 109,773 (19,717) 112,076 (44,837) — 5,530,177 (38,343) — Real Assets 20,307,579 (208,748) — (628) (190,681) 11,229 — 19,918,751 (22,971) — Equity Method - Other 1,695,170 — — — (19,883) 47,794 — 1,723,081 44,146 — Other Investments 3,670,330 — — — 97,979 (71,484) — 3,696,825 (68,124) — Other Derivatives — — — — — — — — — — Total Assets - Asset Management and Strategic Holdings $ 59,652,182 $ (208,748) $ 109,773 $ (49,762) $ 297,988 $ 643,967 $ — $ 60,445,400 $ 592,910 $ — Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 8,392,560 $ — $ 42,050 $ — $ 28,531 $ (43,972) $ (368) $ 8,418,801 $ — $ (886) Structured Securities 1,922,744 — — (12,292) (96,937) 7,887 25,356 1,846,758 — 23,344 Total AFS Fixed Maturity Securities 10,315,304 — 42,050 (12,292) (68,406) (36,085) 24,988 10,265,559 — 22,458 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 636,764 — — (188) (8,061) (4,780) — 623,735 (4,279) — Structured Securities 658,183 — — (5,131) (6,765) 2,915 — 649,202 1,483 — Total Trading Fixed Maturity Securities 1,294,947 — — (5,319) (14,826) (1,865) — 1,272,937 (2,796) — Equity Securities 15,695 — — — — 447 — 16,142 447 — Mortgage and Other Loan Receivables 768,276 — — — (25,040) (5,127) — 738,109 (5,294) — Other Investments 5,016,427 — — — 44,052 (41,001) — 5,019,478 (32,115) — Funds Withheld Receivable at Interest (3,833) — — — — 75,929 — 72,096 — — Reinsurance Recoverable 988,639 — — — 795 (25,764) — 963,670 — — Total Assets - Insurance $ 18,395,455 $ — $ 42,050 $ (17,611) $ (63,425) $ (33,466) $ 24,988 $ 18,347,991 $ (39,758) $ 22,458 Total $ 78,047,637 $ (208,748) $ 151,823 $ (67,373) $ 234,563 $ 610,501 $ 24,988 $ 78,793,391 $ 553,152 $ 22,458 Nine Months Ended September 30, 2023 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Issuances/Sales/Settlements Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date Assets Asset Management and Strategic Holdings Private Equity $ 25,336,957 $ — $ — $ (29,417) $ 3,195,060 $ 1,073,966 $ — $ 29,576,566 $ 1,115,397 $ — Credit 5,786,026 — 127,401 (43,475) (353,479) 13,704 — 5,530,177 63,854 — Real Assets 17,015,112 (335,637) — (628) 3,578,420 (338,516) — 19,918,751 (369,658) — Equity Method - Other 1,624,420 — — (2,335) (11,383) 112,379 — 1,723,081 113,338 — Other Investments 3,334,366 — 22,777 (22,376) 533,086 (171,028) — 3,696,825 (171,116) — Other Derivatives — — — — 2,153 (2,153) — — — — Total Assets - Asset Management and Strategic Holdings $ 53,096,881 $ (335,637) $ 150,178 $ (98,231) $ 6,943,857 $ 688,352 $ — $ 60,445,400 $ 751,815 $ — Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 8,310,657 $ — $ 75,246 $ — $ 10,513 $ (5,711) $ 28,096 $ 8,418,801 $ — $ 45,705 Structured Securities 1,419,441 — 275,347 (15,666) 87,917 10,982 68,737 1,846,758 — 63,376 Total AFS Fixed Maturity Securities 9,730,098 — 350,593 (15,666) 98,430 5,271 96,833 10,265,559 — 109,081 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 672,023 — — (188) (32,845) (15,255) — 623,735 (13,350) — Structured Securities 643,811 — 11,971 (11,878) 6,229 (931) — 649,202 (686) — Total Trading Fixed Maturity Securities 1,315,834 — 11,971 (12,066) (26,616) (16,186) — 1,272,937 (14,036) — Equity Securities 16,286 — — — — (144) — 16,142 (144) — Mortgage and Other Loan Receivables 787,515 — — — (51,906) 2,500 — 738,109 910 — Other Investments 4,883,441 — — — 209,337 (73,300) — 5,019,478 (65,760) — Funds Withheld Receivable at Interest 12,785 — — — — 59,311 — 72,096 — — Reinsurance Recoverable 981,775 — — — (9,795) (8,310) — 963,670 — — Total Assets - Insurance $ 17,727,734 $ — $ 362,564 $ (27,732) $ 219,450 $ (30,858) $ 96,833 $ 18,347,991 $ (79,030) $ 109,081 Total $ 70,824,615 $ (335,637) $ 512,742 $ (125,963) $ 7,163,307 $ 657,494 $ 96,833 $ 78,793,391 $ 672,785 $ 109,081 Three Months Ended September 30, 2024 Nine Months Ended September 30, 2024 Purchases Issuances Sales Settlements Net Purchases/ Issuances/ Sales/ Settlements Purchases Issuances Sales Settlements Net Purchases/ Issuances/ Sales/ Settlements Assets Asset Management and Strategic Holdings Private Equity $ 537,627 $ — $ (203,532) $ — $ 334,095 $ 1,858,430 $ — $ (538,528) $ — $ 1,319,902 Credit 229,527 — (354,047) — (124,520) 742,877 — (1,237,596) (350,270) (844,989) Real Assets 844,660 — (1,012,864) — (168,204) 1,726,310 — (1,403,745) — 322,565 Equity Method - Other 1,002 — (34,925) — (33,923) 4,084 — (38,064) — (33,980) Other Investments 1,032,365 — (856,223) — 176,142 2,288,618 — (1,801,569) (64,770) 422,279 Total Assets - Asset Management and Strategic Holdings $ 2,645,181 $ — $ (2,461,591) $ — $ 183,590 $ 6,620,319 $ — $ (5,019,502) $ (415,040) $ 1,185,777 Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 1,347,498 $ — $ (522,817) $ (557,973) $ 266,708 $ 3,519,683 $ — $ (1,193,197) $ (1,992,507) $ 333,979 Structured Securities 249,404 — — (157,770) 91,634 591,942 — (10,349) (354,061) 227,532 Total AFS Fixed Maturity Securities 1,596,902 — (522,817) (715,743) 358,342 4,111,625 — (1,203,546) (2,346,568) 561,511 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 72,013 — (1,227) (34,739) 36,047 839,978 — (224,710) (370,640) 244,628 Structured Securities 17,271 — — (44,422) (27,151) 124,887 — (204,425) (72,230) (151,768) Total Trading Fixed Maturity Securities 89,284 — (1,227) (79,161) 8,896 964,865 — (429,135) (442,870) 92,860 Mortgage and Other Loan Receivables — — — (18,795) (18,795) 1,795 — — (119,715) (117,920) Other Investments 649,061 — (4,073) (82,733) 562,255 3,436,508 — (11,839) (82,733) 3,341,936 Reinsurance Recoverable — — — (1,640) (1,640) — — — (7,989) (7,989) Total Assets - Insurance $ 2,335,247 $ — $ (528,117) $ (898,072) $ 909,058 $ 8,514,793 $ — $ (1,644,520) $ (2,999,875) $ 3,870,398 Total $ 4,980,428 $ — $ (2,989,708) $ (898,072) $ 1,092,648 $ 15,135,112 $ — $ (6,664,022) $ (3,414,915) $ 5,056,175 Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 Purchases Issuances Sales Settlements Net Purchases/Issuances/Sales/Settlements Purchases Issuances Sales Settlements Net Purchases/ Issuances/ Sales/ Settlements Assets Asset Management and Strategic Holdings Private Equity $ 346,830 $ — $ (48,333) $ — $ 298,497 $ 3,269,655 $ — $ (74,595) $ — $ 3,195,060 Credit 234,700 — (99,753) (22,871) 112,076 971,723 — (1,202,822) (122,380) (353,479) Real Assets 362,219 — (552,900) — (190,681) 4,618,910 — (1,039,451) (1,039) 3,578,420 Equity Method - Other 1 — (19,884) — (19,883) 10,124 — (21,507) — (11,383) Other Investments 276,832 — (116,642) (62,211) 97,979 952,411 — (256,178) (163,147) 533,086 Other Derivatives — — — — — 2,153 — — — 2,153 Total Assets - Asset Management and Strategic Holdings $ 1,220,582 $ — $ (837,512) $ (85,082) $ 297,988 $ 9,824,976 $ — $ (2,594,553) $ (286,566) $ 6,943,857 Insurance AFS Fixed Maturity Securities: Corporate Fixed Maturity Securities $ 272,983 $ — $ (10) $ (244,442) $ 28,531 $ 723,970 $ — $ (5,678) $ (707,779) $ 10,513 Structured Securities 57,422 — (1,020) (153,339) (96,937) 322,549 — (1,020) (233,612) 87,917 Total AFS Fixed Maturity Securities 330,405 — (1,030) (397,781) (68,406) 1,046,519 — (6,698) (941,391) 98,430 Trading Fixed Maturity Securities: Corporate Fixed Maturity Securities 3,864 — — (11,925) (8,061) 18,727 — (1,000) (50,572) (32,845) Structured Securities 3,538 — (2,380) (7,923) (6,765) 40,975 — (3,074) (31,672) 6,229 Total Trading Fixed Maturity Securities 7,402 — (2,380) (19,848) (14,826) 59,702 — (4,074) (82,244) (26,616) Mortgage and Other Loan Receivables 657 — — (25,697) (25,040) 1,291 — (3,078) (50,119) (51,906) Other Investments 49,995 — (5,943) — 44,052 227,629 — (18,292) — 209,337 Reinsurance Recoverable — — — 795 795 — — — (9,795) (9,795) Total Assets - Insurance $ 388,459 $ — $ (9,353) $ (442,531) $ (63,425) $ 1,335,141 $ — $ (32,142) $ (1,083,549) $ 219,450 Total $ 1,609,041 $ — $ (846,865) $ (527,613) $ 234,563 $ 11,160,117 $ — $ (2,626,695) $ (1,370,115) $ 7,163,307 Three Months Ended September 30, 2024 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Sales/Settlements/Issuances Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ 98,327 $ — $ — $ — $ — $ 5,599 $ — $ 103,926 $ 5,599 Total Liabilities - Asset Management and Strategic Holdings $ 98,327 $ — $ — $ — $ — $ 5,599 $ — $ 103,926 $ 5,599 Insurance Policy Liabilities $ 1,320,498 $ — $ — $ — $ 19,896 $ 50,366 $ 38,711 $ 1,429,471 $ — Closed Block Policy Liabilities 970,844 — — — (3,789) 32,187 1,507 1,000,749 — Funds Withheld Payable at Interest (2,900,476) — — — — 1,305,338 — (1,595,138) — Embedded Derivative – Interest-sensitive 495,342 — — — (25,069) 42,201 — 512,474 — Embedded Derivative – Annuity Products 4,478,104 — — — 337,312 428,959 — 5,244,375 — Total Liabilities - Insurance $ 4,364,312 $ — $ — $ — $ 328,350 $ 1,859,051 $ 40,218 $ 6,591,931 $ — Total $ 4,462,639 $ — $ — $ — $ 328,350 $ 1,864,650 $ 40,218 $ 6,695,857 $ 5,599 Nine Months Ended September 30, 2024 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Sales/Settlements/Issuances Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ 94,683 $ — $ — $ — $ — $ 9,243 $ — $ 103,926 $ 9,243 Total Liabilities - Asset Management and Strategic Holdings $ 94,683 $ — $ — $ — $ — $ 9,243 $ — $ 103,926 $ 9,243 Insurance Policy Liabilities $ 1,474,970 $ — $ — $ — $ 28,174 $ (103,360) $ 29,687 $ 1,429,471 $ — Closed Block Policy Liabilities 968,554 — — — 1,126 32,776 (1,707) 1,000,749 — Funds Withheld Payable at Interest (2,447,303) — — — — 852,165 — (1,595,138) — Embedded Derivative – Interest-sensitive 458,302 — — — (71,974) 126,146 — 512,474 — Embedded Derivative – Annuity Products 3,587,371 — — — 931,981 725,023 — 5,244,375 — Total Liabilities - Insurance $ 4,041,894 $ — $ — $ — $ 889,307 $ 1,632,750 $ 27,980 $ 6,591,931 $ — Total $ 4,136,577 $ — $ — $ — $ 889,307 $ 1,641,993 $ 27,980 $ 6,695,857 $ 9,243 Three Months Ended September 30, 2023 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Sales/Settlements/Issuances Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ 110,106 $ — $ — $ — $ — $ (12,265) $ — $ 97,841 $ (12,265) Total Liabilities - Asset Management and Strategic Holdings $ 110,106 $ — $ — $ — $ — $ (12,265) $ — $ 97,841 $ (12,265) Insurance Policy Liabilities $ 1,181,368 $ — $ — $ — $ (693) $ (118,986) $ 63,227 $ 1,124,916 $ — Closed Block Policy Liabilities 1,026,339 — — — 10,260 (30,782) (3,540) 1,002,277 — Funds Withheld Payable at Interest (3,090,373) — — — — (666,599) — (3,756,972) — Embedded Derivative – Interest-sensitive 447,005 — — — (27,314) (31,641) — 388,050 — Embedded Derivative – Annuity Products 2,815,783 — — — 172,129 (132,410) — 2,855,502 — Total Liabilities - Insurance $ 2,380,122 $ — $ — $ — $ 154,382 $ (980,418) $ 59,687 $ 1,613,773 $ — Total $ 2,490,228 $ — $ — $ — $ 154,382 $ (992,683) $ 59,687 $ 1,711,614 $ (12,265) Nine Months Ended September 30, 2023 Balance, Beg. of Period Transfers In / (Out) - Changes in Consolidation Transfers In Transfers Out Net Purchases/Sales/Settlements/Issuances Net Unrealized and Realized Gains (Losses) Change in OCI Balance, End of Period Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ 137,315 $ — $ — $ — $ — $ (39,474) $ — $ 97,841 $ (39,474) Total Liabilities - Asset Management and Strategic Holdings $ 137,315 $ — $ — $ — $ — $ (39,474) $ — $ 97,841 $ (39,474) Insurance Policy Liabilities $ 1,063,496 $ — $ — $ — $ (3,066) $ (93,338) $ 157,824 $ 1,124,916 $ — Closed Block Policy Liabilities 1,016,313 — — — 1,232 (9,821) (5,447) 1,002,277 — Funds Withheld Payable at Interest (3,487,766) — — — — (269,206) — (3,756,972) — Embedded Derivative – Interest-sensitive 337,860 — — — (25,007) 75,197 — 388,050 — Embedded Derivative – Annuity Products 1,851,381 — — — 722,097 282,024 — 2,855,502 — Total Liabilities - Insurance $ 781,284 $ — $ — $ — $ 695,256 $ (15,144) $ 152,377 $ 1,613,773 $ — Total $ 918,599 $ — $ — $ — $ 695,256 $ (54,618) $ 152,377 $ 1,711,614 $ (39,474) Three Months Ended September 30, 2024 Nine Months Ended September 30, 2024 Issuances Settlements Net Issuances/Settlements Issuances Settlements Net Issuances/Settlements Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ — $ — $ — $ — $ — $ — Total Liabilities - Asset Management and Strategic Holdings $ — $ — $ — $ — $ — $ — Insurance Policy Liabilities $ 23,505 $ (3,609) $ 19,896 $ 38,754 $ (10,580) $ 28,174 Closed Block Policy Liabilities — (3,789) (3,789) 1,126 — 1,126 Embedded Derivative – Interest-sensitive Life Products — (25,069) (25,069) — (71,974) (71,974) Embedded Derivative – Annuity Products 409,892 (72,580) 337,312 1,125,910 (193,929) 931,981 Total Liabilities - Insurance $ 433,397 $ (105,047) $ 328,350 $ 1,165,790 $ (276,483) $ 889,307 Total $ 433,397 $ (105,047) $ 328,350 $ 1,165,790 $ (276,483) $ 889,307 Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 Issuances Settlements Net Issuances/Settlements Issuances Settlements Net Issuances/Settlements Liabilities Asset Management and Strategic Holdings Unfunded Revolver Commitments $ — $ — $ — $ — $ — $ — Total Liabilities - Asset Management and Strategic Holdings $ — $ — $ — $ — $ — $ — Insurance Policy Liabilities $ 910 $ (1,603) $ (693) $ 817 $ (3,883) $ (3,066) Closed Block Policy Liabilities 1,232 9,028 10,260 1,232 — 1,232 Embedded Derivative – Interest-sensitive Life Products — (27,314) (27,314) — (25,007) (25,007) Embedded Derivative – Annuity Products 212,276 (40,147) 172,129 804,887 (82,790) 722,097 Total Liabilities - Insurance $ 214,418 $ (60,036) $ 154,382 $ 806,936 $ (111,680) $ 695,256 Total $ 214,418 $ (60,036) $ 154,382 $ 806,936 $ (111,680) $ 695,256
Schedule of Valuation Methodologies Used for Assets, Measured at Fair Value and Categorized Within Level III	The following table presents additional information about valuation methodologies and significant unobservable inputs used for financial assets and liabilities that are measured and reported at fair value and categorized within Level III as of September 30, 2024. Because input information includes only those items for which information is reasonably available, balances shown below may not equal total amounts reported for such Level III assets and liabilities: Level III Assets Fair Value September 30, 2024 Valuation Unobservable Input(s) (1) Weighted Average (2) Range Impact to Valuation from an Increase in Input (3) ASSET MANAGEMENT AND STRATEGIC HOLDINGS Private Equity $ 32,978,665 Private Equity $ 30,403,822 Inputs to market comparables, discounted cash flow and transaction price Illiquidity Discount 6.0% 5.0% - 15.0% Decrease Weight Ascribed to Market Comparables 27.8% 0.0% - 100.0% (4) Weight Ascribed to Discounted Cash Flow 68.4% 0.0% - 100.0% (5) Weight Ascribed to Transaction Price 3.8% 0.0% - 100.0% (6) Market comparables Enterprise Value/LTM EBITDA Multiple 18.5x 5.9x - 29.8x Increase Enterprise Value/Forward EBITDA Multiple 16.8x 4.5x - 29.7x Increase Discounted cash flow Weighted Average Cost of Capital 9.1% 6.1% - 14.3% Decrease Enterprise Value/EBITDA Exit Multiple 14.6x 6.0x - 27.6x Increase Level III Assets Fair Value September 30, 2024 Valuation Unobservable Input(s) (1) Weighted Average (2) Range Impact to Valuation from an Increase in Input (3) Growth Equity $ 2,574,843 Inputs to market comparables, discounted cash flow and milestones Illiquidity Discount 10.1% 10.0% - 15.0% Decrease Weight Ascribed to Market Comparables 34.6% 0.0% - 100.0% (4) Weight Ascribed to Discounted Cash Flow 3.2% 0.0% - 50.0% (5) Weight Ascribed to Transaction Price 13.9% 0.0% - 100.0% (6) Weight Ascribed to Milestones 48.3% 0.0% - 100.0% (6) Scenario Weighting Base 75.3% 50.0% - 85.0% Increase Downside 12.2% 5.0% - 25.0% Decrease Upside 12.5% 10.0% - 25.0% Increase Market Comparables Enterprise Value/Revenues Multiple 8.8x 3.0x - 24.4x Increase Credit $ 4,658,193 Yield Analysis Yield 10.2% 5.2% - 19.5% Decrease Net Leverage 6.1x 1.3x -13.0x Decrease EBITDA Multiple 12.8x 6.0x - 30.5x Increase Real Assets $ 12,740,442 Energy $ 1,544,535 Inputs to market comparables, discounted cash flow and transaction price Weight Ascribed to Market Comparables 44.8% 0.0% - 50.0% (4) Weight Ascribed to Discounted Cash Flow 55.2% 50.0% - 100.0% (5) Market comparables Enterprise Value/LTM EBITDA Multiple 3.4x 0.0x - 5.0x Increase Enterprise Value/Forward EBITDA Multiple 6.2x 0.0x- 7.8x Increase Discounted cash flow Weighted Average Cost of Capital 12.1% 12.0% - 12.3% Decrease Average Price Per BOE (8) $45.88 $42.21 - $50.35 Increase Infrastructure $ 994,481 Inputs to market comparables, discounted cash flow and transaction price Illiquidity Discount 6.5% 5.0% - 10.0% Decrease Weight Ascribed to Market Comparables 10.7% 0.0% - 25.0% (4) Weight Ascribed to Discounted Cash Flow 89.3% 75.0% - 100.0% (5) Weight Ascribed to Transaction Price 0.0% 0.0% - 0.0% (6) Market comparables Enterprise Value/LTM EBITDA Multiple 11.8x 11.8x - 11.8x Increase Enterprise Value/Forward EBITDA Multiple 19.1x 11.0x - 22.4x Increase Discounted cash flow Weighted Average Cost of Capital 6.8% 5.5% - 8.9% Decrease Enterprise Value/EBITDA Exit Multiple 15.8x 10.0x - 22.0x Increase Real Estate $ 10,201,426 Inputs to direct income capitalization, discounted cash flow and transaction price Weight Ascribed to Direct Income Capitalization 10.8% 0.0% - 100.0% (7) Weight Ascribed to Discounted Cash Flow 84.1% 0.0% - 100.0% (5) Weight Ascribed to Transaction Price 5.1% 0.0% - 100.0% (6) Direct income capitalization Current Capitalization Rate 5.3% 1.8% - 7.6% Decrease Discounted cash flow Exit Capitalization Rate 5.7% 3.1% - 8.9% Decrease Unlevered Discount Rate 7.3% 2.8% - 25.0% Decrease Equity Method - Other $ 1,425,236 Inputs to market comparables, discounted cash flow and transaction price Illiquidity Discount 7.1% 5.0% - 10.0% Decrease Weight Ascribed to Market Comparables 47.9% 0.0% - 100.0% (4) Weight Ascribed to Discounted Cash Flow 46.4% 0.0% - 50.0% (5) Weight Ascribed to Transaction Price 5.7% 0.0% - 100.0% (6) Market comparables Enterprise Value/LTM EBITDA Multiple 17.6x 5.0x - 32.3x Increase Enterprise Value/Forward EBITDA Multiple 14.6x 4.0x - 26.5x Increase Discounted cash flow Weighted Average Cost of Capital 10.7% 7.0% - 16.4% Decrease Enterprise Value/EBITDA Exit Multiple 18.0x 9.5x - 38.0x Increase Other Investments $ 4,805,336 (9) Inputs to market comparables, discounted cash flow and transaction price Illiquidity Discount 8.8% 5.0% - 15.0% Decrease Weight Ascribed to Market Comparables 20.8% 0.0% - 100.0% (4) Weight Ascribed to Discounted Cash Flow 43.9% 0.0% - 100.0% (5) Weight Ascribed to Transaction Price 35.3% 0.0% - 100.0% (6) Market comparables Enterprise Value/LTM EBITDA Multiple 12.2x 0.7x - 21.3x Increase Enterprise Value/Forward EBITDA Multiple 9.0x 13.3x - 19.1x Increase Discounted cash flow Weighted Average Cost of Capital 12.3% 7.3% - 20.0% Decrease Enterprise Value/EBITDA Exit Multiple 13.0x 8.5x - 15.0x Increase Level III Assets Fair Value September 30, 2024 Valuation Unobservable Input(s) (1) Weighted Average (2) Range Impact to Valuation from an Increase in Input (3) INSURANCE (10) Corporate Fixed Maturity Securities $ 10,004,068 Discounted cash flow Discount Spread 2.5% 0.4% - 5.1% Decrease Structured Securities $ 2,830,057 Discounted cash flow Discount Spread 2.8% 1.5% - 5.1% Decrease Constant Prepayment Rate 12.0% 10.0% - 15.0% Increase/Decrease Constant Default Rate 0.4% 0.0% - 3.0% Decrease Loss Severity 9.3% 0.0% - 95.0% Decrease Other Investments $ 8,105,824 Discounted cash flow Vacancy Rate 1.2% 0.0% - 2.7% Decrease Discount Rate 7.4% 6.8% - 8.3% Decrease Terminal Capitalization Rate 5.9% 5.0% - 7.3% Decrease Reinsurance Recoverable $ 955,341 Present value of expenses paid from the open block plus the cost of capital held in support of the liabilities. Expense Assumption $17.5 The average expense assumption is between $8.2 and $78.0 per policy, increased by inflation. The annual inflation rate was increased by 2.5%. Increase Unobservable inputs are a market participant’s view of the expenses, a risk margin on the uncertainty of the level of expenses and a cost of capital on the capital held in support of the liabilities. Expense Risk Margin 9.4% Decrease Cost of Capital 9.7% 3.7% - 13.9% Increase Discounted cash flow Mortality Rate 5.7% Increase Surrender Rate 2.0% Increase (1) In determining certain of these inputs, management evaluates a variety of factors including economic conditions, industry and market developments, market valuations of comparable companies and company specific developments including exit strategies and realization opportunities. KKR has determined that market participants would take these inputs into account when valuing the investments and debt obligations. "LTM" means last twelve months, and "EBITDA" means earnings before interest, taxes, depreciation and amortization. (2) Inputs were weighted based on the fair value of the investments included in the range. (3) Unless otherwise noted, this column represents the directional change in the fair value of the Level III investments that would result from an increase to the corresponding unobservable input. A decrease to the unobservable input would have the opposite effect. Significant increases and decreases in these inputs in isolation could result in significantly higher or lower fair value measurements. (4) The directional change from an increase in the weight ascribed to the market comparables approach would increase the fair value of the Level III investments if the market comparables approach results in a higher valuation than the discounted cash flow approach and transaction price. The opposite would be true if the market comparables approach results in a lower valuation than the discounted cash flow approach and transaction price. (5) The directional change from an increase in the weight ascribed to the discounted cash flow approach would increase the fair value of the Level III investments if the discounted cash flow approach results in a higher valuation than the market comparables approach, transaction price and direct income capitalization approach. The opposite would be true if the discounted cash flow approach results in a lower valuation than the market comparables approach, transaction price and direct income capitalization approach. (6) The directional change from an increase in the weight ascribed to the transaction price or milestones would increase the fair value of the Level III investments if the transaction price or milestones results in a higher valuation than the market comparables and discounted cash flow approach. The opposite would be true if the transaction price or milestones results in a lower valuation than the market comparables approach and discounted cash flow approach. (7) The directional change from an increase in the weight ascribed to the direct income capitalization approach would increase the fair value of the Level III investments if the direct income capitalization approach results in a higher valuation than the discounted cash flow approach. The opposite would be true if the direct income capitalization approach results in a lower valuation than the discounted cash flow approach. (8) The total energy fair value amount includes multiple investments (in multiple locations throughout North America) that are held in different investment funds and produce varying quantities of oil, condensate, natural gas liquids, and natural gas. Commodity price may be measured using a common volumetric equivalent where one barrel of oil equivalent ("BOE") is determined using the ratio of six thousand cubic feet of natural gas to one barrel of oil, condensate or natural gas liquids. The price per BOE is provided to show the aggregate of all price inputs for the various investments over a common volumetric equivalent although the valuations for specific investments may use price inputs specific to the asset for purposes of our valuations. The discounted cash flows include forecasted production of liquids (oil, condensate, and natural gas liquids) and natural gas with a forecasted revenue ratio of approximately 87% liquids and 13% natural gas. (9) Consists primarily of investments in common stock, preferred stock, warrants and options of companies that are not private equity, real assets, credit, equity method - other or investments of consolidated CFEs. (10) The funds withheld receivable at interest has been excluded from the above table. As discussed in Note 12 – Reinsurance, the funds withheld receivable at interest is created through funds withheld contracts. The assets supporting these receivables were held in trusts for the benefit of Global Atlantic. Accordingly, the unobservable inputs utilized in the valuation of the embedded derivative are a component of the invested assets supporting the funds withheld reinsurance agreements. Level III Liabilities Fair Value September 30, 2024 Valuation Unobservable Input(s) (1) Weighted Average (2) Range Impact to Valuation from an Increase in Input (3) ASSET MANAGEMENT AND STRATEGIC HOLDINGS Unfunded Revolver Commitments $ 103,926 Yield Analysis Yield 8.9% 8.0% - 10.9% Decrease INSURANCE (4) Policy Liabilities $ 1,429,471 Policy liabilities under fair value option: Present value of best estimate liability cash flows. Unobservable inputs include a market participant view of the risk margin included in the discount rate which reflects the variability of the cash flows. Risk Margin Rate 0.6% 0.5% - 0.8% Decrease Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality. Surrender Rate 6.3% 3.5% - 7.7% Decrease Mortality Rate 4.8% 3.5% - 9.1% Increase Market risk benefit: Fair value using a non-option and option valuation approach Instrument-specific Credit Risk (10 and 30 Year) 0.6% / 0.8% Decrease Policyholder behavior is also a significant unobservable input, including lapse, surrender, and mortality. Mortality Rate 2.6% 0.5% - 27.8% Decrease Surrender Rate 4.2% 0.1% - 37.1% Decrease Level III Liabilities Fair Value September 30, 2024 Valuation Unobservable Input(s) (1) Weighted Average (2) Range Impact to Valuation from an Increase in Input (3) Closed Block Policy Liabilities $ 1,000,749 Present value of expenses paid from the open block plus the cost of capital held in support of the liabilities. Expense Assumption $17.5 The average expense assumption is between $8.2 and $78.0 per policy, increased by inflation. The annual inflation rate was increased by 2.5%. Increase Instrument-specific Credit Risk 0.7% 0.5% - 0.8% Decrease Unobservable inputs are a market participant’s view of the expenses, a risk margin on the uncertainty of the level of expenses and a cost of capital on the capital held in support of the liabilities. Expense Risk Margin 9.4% Decrease Cost of Capital 9.7% 3.7% - 13.9% Increase Discounted cash flow Mortality Rate 5.7% Increase Surrender Rate 2.0% Increase Embedded Derivative – Interest-Sensitive Life Products $ 512,474 Policy persistency is a significant unobservable input. Lapse Rate 3.2% Decrease Mortality Rate 0.8% Decrease Future costs for options used to hedge the contract obligations Option Budget Assumption 3.6% Increase Instrument-specific Credit Risk 0.7% 0.5% - 0.8% Decrease Embedded Derivative – Annuity Products $ 5,244,375 Policyholder behavior is a significant unobservable input, including utilization and lapse. Utilization: Fixed-Indexed Annuity 96.5% Increase Surrender Rate: Retail FIA 13.7% Increase Institutional FIA 18.0% Decrease Mortality Rate: Retail FIA 2.6% Decrease Institutional FIA 1.9% Decrease Future costs for options used to hedge the contract obligations Option Budget Assumption: Retail FIA 3.1% Increase Institutional FIA 3.7% Increase Instrument-specific Credit Risk 0.7% 0.5% - 0.8% Decrease (1) In determining certain of these inputs, management evaluates a variety of factors including economic conditions, industry and market developments, market valuations of comparable companies and company specific developments including exit strategies and realization opportunities. KKR has determined that market participants would likely take these inputs into account when valuing the investments and debt obligations. "LTM" means last twelve months, and "EBITDA" means earnings before interest, taxes, depreciation and amortization. (2) Inputs were weighted based on the fair value of the investments included in the range. (3) Unless otherwise noted, this column represents the directional change in the fair value of the Level III investments that would result from an increase to the corresponding unobservable input. A decrease to the unobservable input would have the opposite effect. Significant increases and decreases in these inputs in isolation could result in significantly higher or lower fair value measurements. (4) The fair value of the embedded derivative component of the funds withheld payable at interest has been excluded from the above table. The investments supporting the funds withheld payable at interest balance are held in a trust by Global Atlantic. Accordingly, the unobservable inputs utilized in the valuation of the embedded derivative are a component of the investments supporting the reinsurance cession agreements.
Schedule of Financial Instruments Not Carried at Fair Value	The following tables present carrying amounts and fair values of Global Atlantic’s financial instruments which are not carried at fair value as of September 30, 2024 and December 31, 2023: Fair Value Hierarchy As of September 30, 2024 Carrying Value Level I Level II Level III Fair Value ($ in thousands) Financial Assets: Insurance Mortgage and Other Loan Receivables $ 51,075,164 $ — $ — $ 49,553,617 $ 49,553,617 Policy Loans 1,610,448 — — 1,610,038 1,610,038 FHLB Common Stock and Other Investments 175,412 — — 175,412 175,412 Funds Withheld Receivables at Interest 2,458,943 — 2,458,943 — 2,458,943 Cash and Cash Equivalents 5,857,308 5,857,308 — — 5,857,308 Restricted Cash and Cash Equivalents 388,369 388,369 — — 388,369 Total Financial Assets $ 61,565,644 $ 6,245,677 $ 2,458,943 $ 51,339,067 $ 60,043,687 Financial Liabilities: Insurance Policy Liabilities – Policyholder Account Balances $ 58,349,827 $ — $ 51,011,531 $ 6,692,921 $ 57,704,452 Funds Withheld Payables at Interest 46,984,445 — 46,984,445 — 46,984,445 Debt Obligations 3,811,218 — — 3,851,908 3,851,908 Securities Sold Under Agreements to Repurchase 202,688 — 202,688 — 202,688 Total Financial Liabilities $ 109,348,178 $ — $ 98,198,664 $ 10,544,829 $ 108,743,493 Fair Value Hierarchy As of December 31, 2023 Carrying Value Level I Level II Level III Fair Value ($ in thousands) Financial Assets: Insurance Mortgage and Other Loan Receivables $ 38,480,525 $ — $ — $ 35,539,059 $ 35,539,059 Policy Loans 1,556,030 — — 1,341,005 1,341,005 FHLB Common Stock and Other Investments 173,148 — — 173,148 173,148 Funds Withheld Receivables at Interest 2,624,984 — 2,624,984 — 2,624,984 Cash and Cash Equivalents 11,954,675 11,954,675 — — 11,954,675 Restricted Cash and Cash Equivalents 342,954 342,954 — — 342,954 Total Financial Assets $ 55,132,316 $ 12,297,629 $ 2,624,984 $ 37,053,212 $ 51,975,825 Financial Liabilities: Insurance Policy Liabilities – Policyholder Account Balances $ 53,821,432 $ — $ 45,395,423 $ 6,966,991 $ 52,362,414 Funds Withheld Payables at Interest 36,786,825 — 36,786,825 — 36,786,825 Debt Obligations 2,587,857 — — 2,396,587 2,396,587 Securities Sold Under Agreements to Repurchase 1,358,434 — 1,358,434 — 1,358,434 Total Financial Liabilities $ 94,554,548 $ — $ 83,540,682 $ 9,363,578 $ 92,904,260

FAIR VALUE OPTION (Tables)

FAIR VALUE OPTION (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Schedule of Disclosures of Financial Instruments for Which the Fair Value Option Was Elected	The following table summarizes the financial instruments for which the fair value option has been elected: September 30, 2024 December 31, 2023 Assets Asset Management and Strategic Holdings Credit $ 694,209 $ 976,978 Investments of Consolidated CFEs 25,862,833 24,996,298 Real Assets 60,028 59,721 Equity Method - Other 1,901,793 2,283,588 Other Investments 120,439 153,597 Total Asset Management and Strategic Holdings $ 28,639,302 $ 28,470,182 Insurance Mortgage and Other Loan Receivables $ 596,375 $ 697,402 Other Investments 510,570 232,877 Reinsurance Recoverable 955,341 926,035 Total Insurance $ 2,062,286 $ 1,856,314 Total Assets $ 30,701,588 $ 30,326,496 Liabilities Asset Management and Strategic Holdings Debt Obligations of Consolidated CFEs $ 26,189,098 $ 25,276,404 Total Asset Management and Strategic Holdings $ 26,189,098 $ 25,276,404 Insurance Policy Liabilities $ 1,314,346 $ 1,322,555 Total Insurance $ 1,314,346 $ 1,322,555 Total Liabilities $ 27,503,444 $ 26,598,959 The following table presents the net realized and unrealized gains (losses) on financial instruments for which the fair value option was elected: Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 Net Realized Net Unrealized Total Net Realized Net Unrealized Total Assets Asset Management and Strategic Holdings Credit $ (18,806) $ 34,420 $ 15,614 $ (9,423) $ (17,172) $ (26,595) Investments of Consolidated CFEs (71,668) 46,225 (25,443) (46,266) 370,853 324,587 Real Assets — 2,159 2,159 — (1,726) (1,726) Equity Method - Other 13,625 64,920 78,545 38,650 (14,738) 23,912 Other Investments 187 (1,956) (1,769) (41) 671 630 Total Asset Management and Strategic Holdings $ (76,662) $ 145,768 $ 69,106 $ (17,080) $ 337,888 $ 320,808 Insurance Mortgage and Other Loan Receivables $ — $ 12,273 $ 12,273 $ — $ (4,711) $ (4,711) Other Investments — 2,719 2,719 — (9,462) (9,462) Total Insurance $ — $ 14,992 $ 14,992 $ — $ (14,173) $ (14,173) Total Assets $ (76,662) $ 160,760 $ 84,098 $ (17,080) $ 323,715 $ 306,635 Liabilities Asset Management and Strategic Holdings Debt Obligations of Consolidated CFEs $ (1,625) $ (38,405) $ (40,030) $ (36) $ (306,057) $ (306,093) Total Asset Management and Strategic Holdings $ (1,625) $ (38,405) $ (40,030) $ (36) $ (306,057) $ (306,093) Insurance Policy Liabilities $ — $ (14,163) $ (14,163) $ — $ 12,318 $ 12,318 Total Insurance $ — $ (14,163) $ (14,163) $ — $ 12,318 $ 12,318 Total Liabilities $ (1,625) $ (52,568) $ (54,193) $ (36) $ (293,739) $ (293,775) Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 Net Realized Net Unrealized Total Net Realized Net Unrealized Total Assets Asset Management and Strategic Holdings Credit $ (19,346) $ 32,454 $ 13,108 $ (69,769) $ 39,123 $ (30,646) Investments of Consolidated CFEs (68,378) 54,177 (14,201) (96,148) 939,835 843,687 Real Assets — 307 307 51,637 (58,323) (6,686) Equity Method - Other 36,132 (109,483) (73,351) 86,017 (31,038) 54,979 Other Investments 69 (1,093) (1,024) 1,520 (1,090) 430 Total Asset Management and Strategic Holdings $ (51,523) $ (23,638) $ (75,161) $ (26,743) $ 888,507 $ 861,764 Insurance Mortgage and Other Loan Receivables $ — $ 20,722 $ 20,722 $ — $ 1,485 $ 1,485 Other Investments — (50,282) (50,282) — (65,130) (65,130) Total Insurance $ — $ (29,560) $ (29,560) $ — $ (63,645) $ (63,645) Total Assets $ (51,523) $ (53,198) $ (104,721) $ (26,743) $ 824,862 $ 798,119 Liabilities Asset Management and Strategic Holdings Debt Obligations of Consolidated CFEs $ (5,149) $ (28,114) $ (33,263) $ (36) $ (941,210) $ (941,246) Total Asset Management and Strategic Holdings $ (5,149) $ (28,114) $ (33,263) $ (36) $ (941,210) $ (941,246) Insurance Policy Liabilities $ — $ 43,535 $ 43,535 $ — $ 58,810 $ 58,810 Total Insurance $ — $ 43,535 $ 43,535 $ — $ 58,810 $ 58,810 Total Liabilities $ (5,149) $ 15,421 $ 10,272 $ (36) $ (882,400) $ (882,436)

INSURANCE INTANGIBLES, UNEARN_2

INSURANCE INTANGIBLES, UNEARNED REVENUE RESERVES AND UNEARNED FRONT-END LOADS (Tables)	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Schedule of Intangible Assets, Net	The following reflects the reconciliation of the components of insurance intangibles to the total balance reported in the consolidated statements of financial condition as of September 30, 2024 and December 31, 2023: September 30, December 31, 2024 2023 Deferred Acquisition Costs, or "DAC" $ 1,577,789 $ 1,154,697 Value of Business Acquired 1,187,234 1,252,984 Cost-of-reinsurance Intangibles 2,327,885 2,043,143 Total Insurance Intangibles $ 5,092,908 $ 4,450,824
Schedule of Changes to Deferred Policy Acquisition Costs	The following tables reflect the deferred acquisition costs roll-forward by product category for the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Other Total Balance, as of the Beginning of the Period $ 373,863 $ 481,970 $ 132,079 $ 166,785 $ 1,154,697 Capitalizations 178,589 292,109 6,266 112,252 589,216 Amortization Expense (78,606) (67,183) (6,486) (13,849) (166,124) Balance, as of the End of the Period $ 473,846 $ 706,896 $ 131,859 $ 265,188 $ 1,577,789 Nine Months Ended September 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Other Total Balance, as of the Beginning of the Period $ 221,679 $ 367,813 $ 116,021 $ 115,457 $ 820,970 Capitalizations 134,484 129,891 21,601 52,379 338,355 Amortization Expense (45,989) (43,608) (5,357) (10,985) (105,939) Balance, as of the End of the Period $ 310,174 $ 454,096 $ 132,265 $ 156,851 $ 1,053,386
Schedule of Changes to Value of Business Acquired Asset	The following tables reflect the value of business acquired, or “VOBA” asset roll-forward by product category for the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 44,922 $ 621,372 $ 262,942 $ 245,042 $ 78,706 $ 1,252,984 Amortization Expense (2,784) (32,223) (10,212) (15,491) (5,040) (65,750) Balance, as of the End of the Period $ 42,138 $ 589,149 $ 252,730 $ 229,551 $ 73,666 $ 1,187,234 Nine Months Ended September 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 48,762 $ 663,296 $ 276,795 $ 241,778 $ 85,898 $ 1,316,529 Amortization Expense (2,893) (31,020) (10,338) (18,414) (5,448) (68,113) Balance, as of the End of the Period $ 45,869 $ 632,276 $ 266,457 $ 223,364 $ 80,450 $ 1,248,416 The following tables reflect the negative value of business acquired, or “negative VOBA” liability roll-forward by product category for the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 65,966 $ 106,538 $ 421,213 $ 91,295 $ 182,920 $ 867,932 Amortization Expense (17,221) (24,518) (22,349) (4,622) (10,053) (78,763) Balance, as of the End of the Period $ 48,745 $ 82,020 $ 398,864 $ 86,673 $ 172,867 $ 789,169 Nine Months Ended September 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Variable Annuities Other Total Balance, as of the Beginning of the Period $ 98,342 $ 145,610 $ 461,592 $ 99,776 $ 198,804 $ 1,004,124 Amortization Expense (24,725) (29,519) (26,634) (6,897) (12,420) (100,195) Balance, as of the End of the Period $ 73,617 $ 116,091 $ 434,958 $ 92,879 $ 186,384 $ 903,929
Schedule of Changes to Unearned Revenue Reserve	Unearned revenue reserves and unearned front-end loads Nine Months Ended September 30, 2024 2023 Preneed Balance, as of the Beginning of the Period $ 178,053 $ 118,186 Deferral 52,210 54,636 Amortized to Income during the Period (12,010) (8,480) Balance, as of the End of the Period $ 218,253 $ 164,342

REINSURANCE (Tables)

REINSURANCE (Tables)	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Schedule of Effects of Reinsurance Agreements	The effects of all reinsurance agreements on the consolidated statements of financial condition were as follows: September 30, 2024 December 31, 2023 Policy Liabilities: Direct $ 82,402,530 $ 75,715,857 Assumed 101,647,880 84,342,414 Total Policy Liabilities 184,050,410 160,058,271 Ceded (1) (46,042,433) (35,773,958) Net Policy Liabilities $ 138,007,977 $ 124,284,313 (1) Reported within reinsurance recoverable within the consolidated statements of financial condition. The effects of reinsurance on the consolidated statements of operations were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Net Premiums: Direct $ 128,276 $ 26,153 $ 293,649 $ 92,061 Assumed 893,449 435,931 11,625,814 2,189,835 Ceded (400,507) (241,872) (4,325,929) (961,631) Net Premiums $ 621,218 $ 220,212 $ 7,593,534 $ 1,320,265 Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Policy Fees: Direct $ 235,567 $ 229,351 $ 691,415 $ 686,251 Assumed 377,621 104,842 816,592 315,104 Ceded (237,817) (20,177) (469,789) (58,155) Net Policy Fees $ 375,371 $ 314,016 $ 1,038,218 $ 943,200 Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Net Policy Benefits and Claims: Direct $ 1,340,829 $ 302,553 $ 3,137,429 $ 2,035,840 Assumed 2,162,227 767,329 14,544,107 3,367,807 Ceded (1,081,361) (322,644) (5,799,612) (1,393,341) Net Policy Benefits and Claims $ 2,421,695 $ 747,238 $ 11,881,924 $ 4,010,306
Schedule of Reinsurance Recoverable and Funds Withheld Receivable at Interest by Credit Quality Indicator	The following shows the amortized cost basis of Global Atlantic’s reinsurance recoverable and funds withheld receivable at interest by credit quality indicator and any associated credit enhancements Global Atlantic has obtained to mitigate counterparty credit risk: As of September 30, 2024 As of December 31, 2023 A.M. Best Rating (1) Reinsurance Recoverable and Funds Withheld Receivable at Interest Credit Enhancements (2) Net Reinsurance Credit Exposure (3) Reinsurance Recoverable and Funds Withheld Receivable at Interest Credit Enhancements (2) Net Reinsurance Credit Exposure (3) A++ $ 108,924 $ — $ 108,924 $ 38,857 $ — $ 38,857 A+ 1,764,620 — 1,764,620 1,801,954 — 1,801,954 A 2,149,024 — 2,149,024 2,212,800 — 2,212,800 A- 4,108,309 3,600,954 507,355 4,430,484 3,814,976 615,508 B++ 700 — 700 589 — 589 B+ — — — — — — B — — — — — — B- — — — — — — C++/C+ (230) — — (228) — — Not Rated or Private Rating (4) 40,809,162 41,788,353 — 30,859,068 30,210,350 648,718 Total $ 48,940,509 $ 45,389,307 $ 4,530,623 $ 39,343,524 $ 34,025,326 $ 5,318,426 (1) Ratings are periodically updated (at least annually) as A.M. Best issues new ratings. (2) Credit enhancements primarily include funds withheld payable at interest. (3) Includes credit loss allowance of $23.2 million and $21.0 million as of September 30, 2024 and December 31, 2023, respectively, held against reinsurance recoverable and funds withheld receivable at interest. (4) Includes $40.8 billion and $30.8 billion as of September 30, 2024 and December 31, 2023, respectively, associated with cessions to co-investment vehicles (the "sponsored reinsurance vehicles") that participate in qualifying reinsurance transactions sourced by Global Atlantic.

NET INCOME (LOSS) ATTRIBUTABL_2

NET INCOME (LOSS) ATTRIBUTABLE TO KKR & CO. INC. PER SHARE OF COMMON STOCK (Tables)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Net Income (Loss) Attributable to KKR & Co. per Share of Common Stock	For the three and nine months ended September 30, 2024 and 2023, basic and diluted Net Income (Loss) attributable to KKR & Co. Inc. per share of common stock were calculated as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Net Income (Loss) Available to KKR & Co. Inc. $ 600,550 $ 1,472,878 $ 1,950,690 $ 2,640,085 (+) Series C Mandatory Convertible Preferred Dividend (if dilutive) — 17,248 — 51,747 Net Income (Loss) Available to KKR & Co. Inc. $ 600,550 $ 1,490,126 $ 1,950,690 $ 2,691,832 Basic Net Income (Loss) Per Share of Common Stock Weighted Average Shares of Common Stock Outstanding - Basic 887,444,991 862,123,088 886,618,138 861,598,674 Net Income (Loss) Attributable to KKR & Co. Inc. $ 0.68 $ 1.71 $ 2.20 $ 3.06 Diluted Net Income (Loss) Per Share of Common Stock Weighted Average Shares of Common Stock Outstanding - Basic 887,444,991 862,123,088 886,618,138 861,598,674 Incremental Common Shares: Assumed vesting of dilutive equity awards (1) 54,522,488 24,412,604 46,461,239 24,720,901 Assumed conversion of Series C Mandatory Convertible Preferred Stock — 22,521,288 — 25,397,130 Weighted Average Shares of Common Stock Outstanding - Diluted 941,967,479 909,056,980 933,079,377 911,716,705 Net Income (Loss) Attributable to KKR & Co. Inc. $ 0.64 $ 1.64 $ 2.09 $ 2.95 (1)
Schedule of KKR Holdings Shares Excluded from the Calculation of Diluted Net Income (Loss) Attributable to KKR & Co. L.P. per Share of Common Stock - Diluted	Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Weighted Average Vested Restricted Holdings Units 7,000,723 3,909,477 6,584,764 3,495,802

OTHER ASSETS AND ACCRUED EXPE_2

OTHER ASSETS AND ACCRUED EXPENSES AND OTHER LIABILITIES (Tables)	9 Months Ended
	Sep. 30, 2024
OTHER ASSETS AND ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER LIABILITIES
Schedule of Other Assets	Other Assets consist of the following: September 30, 2024 December 31, 2023 Asset Management and Strategic Holdings Unsettled Investment Sales (1) $ 462,971 $ 271,544 Receivables 293,465 55,602 Due from Broker (2) 103,350 76,075 Deferred Tax Assets, net 49,474 48,580 Interest Receivable 300,983 351,999 Fixed Assets, net (3) 866,805 863,096 Foreign Exchange Contracts and Options (4) 180,689 264,621 Goodwill (5) 549,800 558,279 Intangible Assets (6) 1,595,252 1,624,648 Derivative Assets 2,442 4,792 Prepaid Taxes 97,727 211,966 Prepaid Expenses 73,033 56,828 Operating Lease Right of Use Assets (7) 693,181 358,684 Deferred Financing Costs 20,776 19,213 Other 262,270 209,296 Total Asset Management and Strategic Holdings $ 5,552,218 $ 4,975,223 Insurance Deferred Tax Assets, net $ 2,579,891 $ 2,273,757 Accrued Investment Income 1,491,638 1,220,781 Goodwill 501,496 501,496 Intangible Assets and Deferred Sales Inducements (8) 333,373 258,529 Premiums and Other Account Receivables 241,840 188,136 Other 222,729 152,486 Operating Lease Right of Use Assets (7) 167,824 172,955 Unsettled Investment Sales (1) and Derivative Collateral Receivables 139,468 27,562 Derivative Assets 86,075 45,694 Prepaid Taxes 49,748 42,294 Market Risk Benefit Asset 377 17 Total Insurance $ 5,814,459 $ 4,883,707 Total Other Assets $ 11,366,677 $ 9,858,930 (1) Primarily includes amounts due from third parties for investments sold for which cash settlement has not occurred. (2) Represents amounts held at clearing brokers resulting from securities transactions. (3) Net of accumulated depreciation and amortization of $309.9 million and $257.4 million as of September 30, 2024 and December 31, 2023, respectively. Depreciation and amortization expense of $18.4 million and $18.3 million for the three months ended September 30, 2024 and 2023, respectively, and $54.3 million and $50.7 million, for the nine months ended September 30, 2024 and 2023, respectively, are included in General, Administrative and Other in the accompanying consolidated statements of operations. Additionally, KKR’s fixed assets are predominantly located in the United States. (4) Represents derivative financial instruments used to manage foreign exchange risk arising from certain foreign currency denominated investments. Such instruments are measured at fair value with changes in fair value recorded in Net Gains (Losses) from Investment Activities in the accompanying consolidated statements of operations. See Note 4 "Net Gains (Losses) from Investment Activities - Asset Management and Strategic Holdings" in our financial statements for the net changes in fair value associated with these instruments. (5) As of September 30, 2024, the carrying value of goodwill is recorded and assessed for impairment at the reporting unit. As of September 30, 2024, there are approximately $(42.7) million of cumulative foreign currency translation adjustments included in AOCI related to the goodwill recorded as result of the acquisition of KJRM. (6) As of September 30, 2024, there are approximately $(145.7) million of cumulative foreign currency translation adjustments included in AOCI related to the intangible assets recorded as result of the acquisition of KJRM. (7) For Asset Management, non-cancelable operating leases consist of leases for office space in North America, Europe, Asia and Australia. KKR is the lessee under the terms of the operating leases. The operating lease cost was $25.8 million and $17.6 million for the three months ended September 30, 2024 and 2023, respectively, and $59.0 million and $51.0 million for the nine months ended September 30, 2024 and 2023, respectively. For Insurance, non-cancelable operating leases consist of leases for office space and land in the U.S. For the three months ended September 30, 2024 and 2023, the operating lease cost was $5.0 million and $7.0 million, respectively, and for the nine months ended September 30, 2024 and 2023, the operating lease cost was $14.9 million and $20.6 million, respectively. (8) The definite life intangible assets are amortized using the straight-line method over the useful life of the assets which is an average of 13 years. The indefinite life intangible assets are not subject to amortization. The amortization expense of definite life intangible assets was $4.7 million and $4.4 million for the three months ended September 30, 2024 and 2023, respectively, and $13.5 million and $13.2 million for the nine months ended September 30, 2024 and 2023, respectively.
Schedule of Accounts Payable, Accrued Expenses and Other Liabilities	Accrued Expenses and Other Liabilities consist of the following: September 30, 2024 December 31, 2023 Asset Management and Strategic Holdings Amounts Payable to Carry Pool (1) $ 4,710,805 $ 2,664,694 Unsettled Investment Purchases (2) 1,250,848 574,986 Securities Sold Short (3) 106,708 149,136 Derivative Liabilities 3,595 2,382 Accrued Compensation and Benefits 384,923 210,625 Interest Payable 491,225 492,501 Foreign Exchange Contracts and Options (4) 575,940 441,608 Accounts Payable and Accrued Expenses 508,589 221,851 Taxes Payable 167,272 39,255 Uncertain Tax Positions 26,433 23,579 Unfunded Revolver Commitments 103,926 94,683 Operating Lease Liabilities (5) 705,583 360,852 Deferred Tax Liabilities, net 2,707,971 2,370,118 Other Liabilities 175,867 72,145 Total Asset Management and Strategic Holdings $ 11,919,685 $ 7,718,415 Insurance Accrued Expenses $ 567,668 $ 607,262 Unsettled Investment Purchases (2) and Derivative Collateral Liabilities 592,023 205,669 Insurance Operations Balances in Course of Settlement 241,481 250,367 Securities Sold Under Agreements to Repurchase 202,688 1,358,434 Derivative Liabilities 191,626 146,197 Operating Lease Liabilities (5) 188,643 193,566 Accrued Employee Related Expenses 122,243 370,984 Interest Payable 64,665 15,894 Tax Payable to Former Parent Company 48,932 62,545 Accounts and Commissions Payable 36,117 32,104 Other Tax Related Liabilities 19,974 12,984 Total Insurance $ 2,276,060 $ 3,256,006 Total Accrued Expenses and Other Liabilities $ 14,195,745 $ 10,974,421 (1) Represents the amount of carried interest payable to current and former KKR employees arising from KKR's investment funds and co-investment vehicles that provide for carried interest. (2) Primarily includes amounts owed to third parties for investment purchases for which cash settlement has not occurred. (3) Represents the obligations of KKR to deliver a specified security at a future point in time. Such securities are measured at fair value with changes in fair value recorded in Net Gains (Losses) from Investment Activities in the accompanying consolidated statements of operations. See Note 4 "Net Gains (Losses) from Investment Activities - Asset Management and Strategic Holdings" in our financial statements for the net changes in fair value associated with these instruments. (4) Represents derivative financial instruments used to manage foreign exchange risk arising from certain foreign currency denominated investments. Such instruments are measured at fair value with changes in fair value recorded in Net Gains (Losses) from Investment Activities in the accompanying consolidated statements of operations. See Note 4 "Net Gains (Losses) from Investment Activities - Asset Management and Strategic Holdings" in our financial statements for the net changes in fair value associated with these instruments. (5) For Asset Management, operating leases for office space have remaining lease terms that range from approximately 1 year to 16 years, some of which include options to extend the leases from 5 years to 10 years. The weighted average remaining lease terms were 13.3 years and 10.3 years as of September 30, 2024 and December 31, 2023, respectively. The weighted average discount rates were 3.6% and 2.9% as of September 30, 2024 and December 31, 2023, respectively. For Insurance, operating leases for office space have remaining lease terms that range from approximately 1 year to 11 years, some of which include options to extend the leases for up to 10 years. The weighted average remaining lease terms were 7.5 years and 7.6 years as of September 30, 2024 and December 31, 2023, respectively. The weighted average discount rates were 4.7% and 4.4% as of September 30, 2024 and December 31, 2023, respectively. The weighted average remaining lease terms for land were 42.7 years and 43.7 years as of September 30, 2024 and December 31, 2023, respectively.

VARIABLE INTEREST ENTITIES (Tab

VARIABLE INTEREST ENTITIES (Tables)	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Maximum Exposure to Loss, Before Allocations to the Carry Pool and Noncontrolling Interests, if any, for VIEs	As of September 30, 2024 and December 31, 2023, the maximum exposure to loss, before allocations to the carry pool and noncontrolling interests, if any, for those VIEs in which KKR is determined not to be the primary beneficiary but in which it has a variable interest is as follows: Asset Management and Strategic Holdings September 30, 2024 December 31, 2023 Investments $ 9,923,819 $ 7,877,904 Due from (to) Affiliates, net 1,623,889 1,097,939 Maximum Exposure to Loss $ 11,547,708 $ 8,975,843 Insurance Other Investment Partnerships $ 761,013 $ 169,265 Investment in Renewable Energy 44,762 55,485 Maximum Exposure to Loss $ 805,775 $ 224,750 Total Maximum Exposure to Loss $ 12,353,483 $ 9,200,593

DEBT OBLIGATIONS (Tables)

DEBT OBLIGATIONS (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of Debt Obligations	KKR's Asset Management and Strategic Holdings debt obligations consisted of the following: September 30, 2024 December 31, 2023 By remaining maturity at Financing Available Principal Carrying Value Fair Financing Available Principal Carrying Value Fair Revolving Credit Facilities: (1) Under 1 Year 750,000 — — — 750,000 — — — 1-5 Years 3,468,644 — — — 2,236,492 — — — After 5 Years — — — — — — — — Subtotal 4,218,644 — — — 2,986,492 — — — KKR USD Senior Notes: (2)(3)(6)(8) Under 1 Year — — — — — — — — 1-5 Years — 750,000 745,778 727,988 — — — — After 5 Years — 4,250,000 4,164,904 3,649,462 — 5,000,000 4,890,919 4,181,595 Subtotal — 5,000,000 4,910,682 4,377,450 — 5,000,000 4,890,919 4,181,595 KKR Yen Senior Notes: (2)(3)(6) Under 1 Year — 34,804 34,750 34,751 — — — — 1-5 Years — 909,091 905,522 904,937 — 610,552 608,047 606,447 After 5 Years — 648,058 641,011 628,480 — 363,069 357,986 337,097 Subtotal — 1,591,953 1,581,283 1,568,168 — 973,621 966,033 943,544 KKR Euro Senior Notes: (2)(3)(6) Under 1 Year — — — — — — — — 1-5 Years — 723,750 719,373 679,022 — 717,400 712,331 646,248 After 5 Years — — — — — — — — Subtotal — 723,750 719,373 679,022 — 717,400 712,331 646,248 KKR Subordinated Notes: (2)(3)(7) Under 1 Year — — — — — — — — 1-5 Years — — — — — — — — After 5 Years — 500,000 487,022 407,800 — 500,000 486,755 377,400 Subtotal — 500,000 487,022 407,800 — 500,000 486,755 377,400 KFN USD Senior Notes: (2)(3)(4)(9) Under 1 Year — — — — — — — — 1-5 Years — — — — — — — — After 5 Years — 690,000 684,555 630,845 — 690,000 684,032 624,018 Subtotal — 690,000 684,555 630,845 — 690,000 684,032 624,018 KFN Junior Subordinated Notes: (2)(4)(5)(9) Under 1 Year — — — — — — — — 1-5 Years — — — — — — — — After 5 Years — 258,517 239,800 208,246 — 258,517 238,801 208,902 Subtotal — 258,517 239,800 208,246 — 258,517 238,801 208,902 Total KKR & KFN Notes 4,218,644 8,764,220 8,622,715 7,871,531 2,986,492 8,139,538 7,978,871 6,981,707 Other Debt Obligations: (1)(8) 6,600,393 37,469,365 37,018,854 36,949,425 6,618,692 37,274,503 36,907,999 36,699,920 Total 10,819,037 46,233,585 45,641,569 44,820,956 9,605,184 45,414,041 44,886,870 43,681,627 (1) Financing available is reduced by the dollar amounts specified in any issued letters of credit. (2) Carrying value includes: (i) unamortized note discount (net of premium), as applicable and (ii) unamortized debt issuance costs, as applicable. Financing costs related to the issuance of the notes have been deducted from the note liability and are being amortized over the life of the notes. (3) Interest rates of the notes are fixed and the weighted average interest rates are the following: September 30, 2024 December 31, 2023 KKR USD Senior Notes 4.23% 4.23% KKR Yen Senior Notes 1.67% 1.46% KKR Euro Senior Notes 1.63% 1.63% KKR Subordinated Notes 4.63% 4.63% KFN USD Senior Notes 5.44% 5.44% (4) These debt obligations are classified as Level III within the fair value hierarchy and valued using the same valuation methodologies as KKR's Level III credit investments. (5) Interest rates of the notes are floating and the weighted average interest rate is 8.0% and 8.1% and the weighted average years to maturity is 12.0 years and 12.8 years as of September 30, 2024 and December 31, 2023, respectively. (6) The notes are classified as Level II within the fair value hierarchy and fair value is determined by third party broker quotes. (7) The notes are classified as Level I within the fair value hierarchy and fair value is determined by quoted prices in active markets since the debt is publicly listed. (8) As of September 30, 2024 and December 31, 2023, the principal value, carrying value and fair value reflects the elimination for the portion of applicable debt obligations that are held by Global Atlantic (9) KKR consolidates and reports debt obligations of KKR Financial Holdings LLC, a KKR subsidiary ("KFN"), which are non-recourse to KKR beyond the assets of KFN. From time to time, KKR may provide credit support for the funding obligations of its subsidiaries. Global Atlantic's debt obligations consisted of the following: September 30, 2024 December 31, 2023 By remaining maturity at Financing Available Principal Carrying Value (1) Fair Value (2) Financing Available Principal Carrying Value (1) Fair Value (2) Revolving Credit Facilities: Under 1 Year — — — — — — — — 1-5 Years 1,000,000 — — — 800,000 200,000 200,000 200,000 After 5 Years — — — — — — — — Subtotal 1,000,000 — — — 800,000 200,000 200,000 200,000 Senior Notes: (4) Under 1 Year — — — — — — — — 1-5 Years — — — — — — — — After 5 Years — 2,550,000 2,449,420 2,594,710 — 1,800,000 1,648,467 1,715,155 Subtotal — 2,550,000 2,449,420 2,594,710 — 1,800,000 1,648,467 1,715,155 Subordinated Notes: (4) Under 1 Year — — — — — — — — 1-5 Years — — — — — — — — After 5 Years — 1,350,000 1,329,498 1,345,980 — 750,000 739,390 643,575 Subtotal — 1,350,000 1,329,498 1,345,980 — 750,000 739,390 643,575 Debt Obligations of Consolidated Special Purpose Vehicles (3) 307,700 32,300 32,300 32,300 — — — — Total 1,307,700 3,932,300 3,811,218 3,972,990 800,000 2,750,000 2,587,857 2,558,730 (1) Carrying value of debt as of September 30, 2024 and December 31, 2023, includes purchase accounting adjustments of $35.8 million and $40.2 million, respectively, net debt issuance costs of $(58.6) million and $(36.5) million, respectively, and cumulative fair value loss on hedged debt obligations of $(98.3) million and $(165.8) million, respectively. The amortization of the purchase accounting adjustments was $1.8 million and $0.8 million for the three months ended September 30, 2024 and 2023, respectively, and $4.3 million and $2.3 million for the nine months ended September 30, 2024 and 2023, respectively. (2) These debt obligations are classified as Level III within the fair value hierarchy and valued using the same valuation methodologies as KKR's Level III credit investments. (3) These debt obligations primarily include debt obligations of consolidated sponsored reinsurance vehicles that are not guaranteed by KKR or Global Atlantic. (4) Interest rates of the notes are fixed and the weighted average interest rates are the following: September 30, 2024 December 31, 2023 Senior Notes 5.67% 5.22% Subordinated Notes 6.14% 4.70%
Schedule of Other Debt Obligations	As of September 30, 2024, other debt obligations consisted of the following: Financing Available Principal Carrying Value Fair Value Weighted Weighted Average Remaining Maturity in Years Financing Facilities of Consolidated Funds and Other (1) $ 6,600,393 $ 10,849,643 $ 10,829,756 $ 10,760,327 6.2% 4.4 Debt Obligations of Consolidated CFEs — 26,619,722 26,189,098 26,189,098 (2) 10.0 $ 6,600,393 $ 37,469,365 $ 37,018,854 $ 36,949,425 (1) Includes borrowings collateralized by fund investments, fund co-investments and other assets held by levered investment vehicles of $2.8 billion. (2) The senior notes of the consolidated CFEs had a weighted average interest rate of 6.7%. The subordinated notes of the consolidated CLOs do not have contractual interest rates but instead receive a pro rata amount of the net distributions from the excess cash flows of the respective CLO vehicle. Accordingly, weighted average borrowing rates for the subordinated notes are based on cash distributions during the period, if any.

POLICY LIABILITIES (Tables)

POLICY LIABILITIES (Tables)	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Schedule of Policyholder Account Balance And Liability For Unpaid Claims And Claims Adjustment Expense	The following reflects the reconciliation of the components of policy liabilities to the total balance reported in the consolidated statements of financial condition as of September 30, 2024 and December 31, 2023: September 30, 2024 December 31, 2023 Policyholders’ Account Balances $ 135,579,783 $ 125,187,354 Liability for Future Policy Benefits 28,106,885 17,823,750 Additional Liability for Annuitization, Death, or Other Insurance Benefits 7,419,341 7,129,785 Market Risk Benefit Liability 1,115,874 1,120,968 Other Policy-related Liabilities (1) 11,828,527 8,796,414 Total Policy Liabilities $ 184,050,410 $ 160,058,271 (1) Other policy-related liabilities as of September 30, 2024 and December 31, 2023 primarily consist of embedded derivatives associated with contractholder deposit funds ($5.8 billion and $4.0 billion, respectively), cost-of-reinsurance liabilities ($3.1 billion and $1.8 billion, respectively), policy liabilities accounted under a fair value option (both $1.2 billion), negative VOBA ($789.2 million and $867.9 million, respectively) and outstanding claims ($290.2 million and $235.1 million, respectively).
Schedule of Policyholder Account Balance	The following reflects the policyholders’ account balances roll-forward for the nine months ended September 30, 2024 and 2023, and the policyholders’ account balances weighted average interest rates, net amount at risk, and cash surrender value as of those dates: Nine Months Ended September 30, 2024 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Funding Agreements Other (1) Total Balance as of Beginning of Period $ 56,762,736 $ 30,168,445 $ 21,969,053 $ 7,015,998 $ 9,271,122 $ 125,187,354 Issuances and Premiums Received 13,924,032 6,120,454 1,712,807 1,773,969 1,523,900 25,055,162 Benefit Payments, Surrenders, and Withdrawals (8,265,350) (4,080,626) (1,089,002) (2,373,374) (1,182,147) (16,990,499) Interest (2) 1,667,342 549,373 539,900 211,621 254,998 3,223,234 Other Activity (3) (313,286) 80,432 (832,586) 95,765 74,207 (895,468) Balance as of End of Period $ 63,775,474 $ 32,838,078 $ 22,300,172 $ 6,723,979 $ 9,942,080 $ 135,579,783 Less: Reinsurance Recoverable (11,675,265) (3,103,296) (7,555,530) — (3,644,612) (25,978,703) Balance as of End of Period, Net of Reinsurance Recoverable $ 52,100,209 $ 29,734,782 $ 14,744,642 $ 6,723,979 $ 6,297,468 $ 109,601,080 Average Interest Rate 3.98 % 2.66 % 3.29 % 4.11 % 3.31 % 3.50 % Net Amount at Risk, Gross of Reinsurance (4) $ — $ — $ 113,736,372 $ — $ 1,148,025 $ 114,884,397 Cash Surrender Value (5) $ 48,733,309 $ 32,359,977 $ 14,005,363 $ — $ 4,506,174 $ 99,604,823 (1) “Other” consists of activity related to payout annuities without life contingencies, preneed, variable annuities and life products. (2) Interest includes interest credited to policyholders’ account values, and interest accreted in other components of the policyholder account balance, including investment-type contract values, host amounts for contractholder deposits with embedded derivatives, funding agreements and other associated reserves. (3) “Other activity” includes policy charges, fees and commissions, transfers, assumption changes, fair value changes and the impact of hedge fair value adjustments. (4) Net amount at risk represents the difference between the face value of the insurance policy and the reserve accumulated under that same policy. (5) Cash surrender values are reported net of any applicable surrender charges, net of reinsurance. Nine Months Ended September 30, 2023 Fixed Rate Annuities Fixed Indexed Annuities Interest Sensitive Life Funding Agreements Other (1) Total Balance as of Beginning of Period $ 48,510,703 $ 29,123,926 $ 17,398,883 $ 7,535,489 $ 9,712,883 $ 112,281,884 Issuances and Premiums Received 7,719,059 3,720,623 576,427 200,000 313,270 12,529,379 Benefit Payments, Surrenders, and Withdrawals (7,070,479) (3,066,108) (657,435) (346,127) (1,167,495) (12,307,644) Interest (2) 1,071,539 381,062 359,604 166,168 222,925 2,201,298 Other Activity (3) (211,077) (151,866) (621,701) 41,007 143,141 (800,496) Balance as of End of Period $ 50,019,745 $ 30,007,637 $ 17,055,778 $ 7,596,537 $ 9,224,724 $ 113,904,421 Less: Reinsurance Recoverable (7,060,751) (3,202,249) (3,458,434) — (2,932,309) (16,653,743) Balance as of End of Period, Net of Reinsurance Recoverable $ 42,958,994 $ 26,805,388 $ 13,597,344 $ 7,596,537 $ 6,292,415 $ 97,250,678 Average Interest Rate 3.04 % 2.01 % 3.11 % 2.96 % 2.70 % 2.72 % Net Amount at Risk, Gross of Reinsurance (4) $ — $ — $ 81,855,191 $ — $ 1,176,374 $ 83,031,565 Cash Surrender Value (5) $ 40,146,309 $ 28,002,031 $ 12,637,209 $ — $ 4,733,449 $ 85,518,998 (1) “Other” consists of activity related to payout annuities without life contingencies, preneed, variable annuities and life products. (2) Interest includes interest credited to policyholders’ account values, and interest accreted in other components of the policyholder account balance, including investment-type contract values, host amounts for contractholder deposits with embedded derivatives, funding agreements and other associated reserves. (3) “Other activity” includes policy charges, fees and commissions, transfers, assumption changes, fair value changes and the impact of hedge fair value adjustments. (4) Net amount at risk represents the difference between the face value of the insurance policy and the reserve accumulated under that same policy. (5) Cash surrender values are reported net of any applicable surrender charges, net of reinsurance.
Schedule of Policyholder Account Balance, Guaranteed Minimum Crediting Rate	The following table presents the account values by range of guaranteed minimum crediting rates and the related range of differences, in basis points, between rates being credited to policyholders and the respective guaranteed minimums. Account values, as disclosed below, differ from policyholder account balances as they exclude balances associated with index credits, contractholder deposit fund host balances, funding agreements, and other associated reserves. In addition, policyholder account balances include discounts and premiums on assumed business which are not reflected in account values. As of September 30, 2024 Account Values with Adjustable Crediting Rates Subject to Guaranteed Minimums: Range of guaranteed minimum crediting rates: At Guaranteed Minimum 1 - 49 bps Above Guaranteed Minimum 50 - 99 bps Above Guaranteed Minimum 100 - 150 bps Above Guaranteed Minimum Greater Than 150 bps Above Guaranteed Minimum Total Less Than 1.00% $ 3,365,317 $ 36,644 $ 384,982 $ 1,145,256 $ 32,188,291 $ 37,120,490 1.00% - 1.99% 1,312,708 793,703 839,310 1,899,975 10,548,229 15,393,925 2.00% - 2.99% 795,039 40,639 57,227 86,052 2,949,913 3,928,870 3.00% - 4.00% 10,539,375 1,583,309 492,946 1,221,043 1,663,767 15,500,440 Greater Than 4.00% 11,395,632 1,433,289 128,178 98,594 279,093 13,334,786 Total $ 27,408,071 $ 3,887,584 $ 1,902,643 $ 4,450,920 $ 47,629,293 $ 85,278,511 Percentage of Total 32 % 5 % 2 % 5 % 56 % 100 % As of December 31, 2023 Account Values with Adjustable Crediting Rates Subject to Guaranteed Minimums: Range of guaranteed minimum crediting rates: At Guaranteed Minimum 1 - 49 bps Above Guaranteed Minimum 50 - 99 bps Above Guaranteed Minimum 100 - 150 bps Above Guaranteed Minimum Greater Than 150 bps Above Guaranteed Minimum Total Less Than 1.00% $ 2,706,701 $ 25,839 $ 660,189 $ 3,546,450 $ 25,940,436 $ 32,879,615 1.00% - 1.99% 1,471,320 1,013,423 999,852 1,968,519 6,603,795 12,056,909 2.00% - 2.99% 896,276 44,850 55,874 109,411 1,310,234 2,416,645 3.00% - 4.00% 12,494,439 1,186,572 414,111 953,560 1,067,325 16,116,007 Greater Than 4.00% 12,095,647 1,385,538 138,112 117,561 298,493 14,035,351 Total $ 29,664,383 $ 3,656,222 $ 2,268,138 $ 6,695,501 $ 35,220,283 $ 77,504,527 Percentage of Total 38 % 5 % 3 % 9 % 45 % 100 %
Schedule of Balances of and Changes in Liability for Future Policy Benefits, and Revenue and Interest Recognized	The following tables summarize the balances of, and changes in, the liability for future policy benefits for traditional and limited-payment contracts for the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 September 30, 2023 Payout Annuities (1) Other (2) Total Payout Annuities (1) Other (2) Total Present Value of Expected Net Premiums Balance as of Beginning of Period $ — $ (208,370) $ (208,370) $ — $ (255,401) $ (255,401) Balance at Original Discount Rate $ — $ (241,058) $ (241,058) $ — $ (303,610) $ (303,610) Effect of Changes in Cash Flow Assumptions — — — — 43,842 43,842 Effect of Actual Variances from Expected Experience — (100,965) (100,965) — 1,980 1,980 Adjusted Beginning of Period Balance — (342,023) (342,023) — (257,788) (257,788) Issuances — (1,178,303) (1,178,303) — — — Interest — (32,446) (32,446) — (3,347) (3,347) Net Premiums Collected — 118,970 118,970 — 24,732 24,732 Flooring Impact — — — 3 — 3 Ending Balance at Original Discount Rate — (1,433,802) (1,433,802) 3 (236,403) (236,400) Effect of Changes in Discount Rate Assumptions — 1,729 1,729 — 41,702 41,702 Balance as of End of Period $ — $ (1,432,073) $ (1,432,073) $ 3 $ (194,701) $ (194,698) Present Value of Expected Future Policy Benefits Balance as of Beginning of Period $ 17,427,353 $ 604,767 $ 18,032,120 $ 14,021,514 $ 679,807 $ 14,701,321 Balance at Original Discount Rate $ 20,040,000 $ 701,655 $ 20,741,655 $ 17,180,626 $ 806,555 $ 17,987,181 Effect of Changes in Cash Flow Assumptions (28,430) — (28,430) (1,563) (46,438) (48,001) Effect of Actual Variances from Expected Experience 8,066 (36,177) (28,111) 21,595 4,259 25,854 Adjusted Beginning of Period Balance 20,019,636 665,478 20,685,114 17,200,658 764,376 17,965,034 Issuances 2,885,218 8,910,288 11,795,506 1,971,968 354 1,972,322 Interest 467,604 231,123 698,727 311,936 7,079 319,015 Benefit Payments (1,395,141) (455,771) (1,850,912) (1,213,734) (68,821) (1,282,555) Ending Balance at Original Discount Rate 21,977,317 9,351,118 31,328,435 18,270,828 702,988 18,973,816 Effect of Changes in Discount Rate Assumptions (2,073,656) 284,179 (1,789,477) (3,806,449) (117,105) (3,923,554) Balance as of End of Period 19,903,661 9,635,297 29,538,958 14,464,379 585,883 15,050,262 Net Liability for Future Policy Benefits 19,903,661 8,203,224 28,106,885 14,464,382 391,182 14,855,564 Less: Reinsurance Recoverable (3) (10,072,105) (6,373,295) (16,445,400) (7,403,232) (3,063) (7,406,295) Net Liability for Future Policy Benefits, Net of Reinsurance Recoverables $ 9,831,556 $ 1,829,929 $ 11,661,485 $ 7,061,150 $ 388,119 $ 7,449,269 (1) Payout annuities generally only have a single premium received at contract inception. As a result, the liability for future policy benefits generally would not reflect a present value for future premiums for payout annuities. (2) “Other” consists of activity related to long-term care insurance, variable annuities, traditional life insurance, preneed insurance and fixed-rate annuity products. Mortality and morbidity risks associated with the long-term care insurance have been ceded to a third-party reinsurer. (3) Reinsurance recoverables associated with the liability for future policy benefits is net of the effect of changes in discount rate assumptions of $395.5 million and $(339.3) million for the nine months ended September 30, 2024 and 2023, respectively. The following table summarizes the amount of gross premiums related to traditional and limited-payment contracts recognized in the consolidated statements of operations for the nine months ended September 30, 2024 and 2023: Gross Premiums Nine Months Ended September 30, 2024 2023 Payout Annuities $ 3,113,638 $ 2,194,414 Other 8,771,185 50,193 Total Products $ 11,884,823 $ 2,244,607 The following table reflects the weighted-average duration and weighted-average interest rates of the future policy benefit liability as of September 30, 2024 and December 31, 2023: As of September 30, 2024 Payout Annuities Other Weighted-Average Interest Rates, Original Discount Rate 3.74 % 4.86 % Weighted-Average Interest Rates, Current Discount Rate 4.78 % 4.91 % Weighted-Average Liability Duration (Years, Current Rates) 8.67 9.69 As of December 31, 2023 Payout Annuities Other Weighted-Average Interest Rates, Original Discount Rate 3.37 % 2.57 % Weighted-Average Interest Rates, Current Discount Rate 4.95 % 4.95 % Weighted-Average Liability Duration (Years, Current Rates) 8.58 9.03 The following reflects the undiscounted ending balance of expected future gross premiums and expected future benefits and payments for traditional and limited-payment contracts, as of September 30, 2024 and December 31, 2023: As of September 30, 2024 Payout Annuities Other Expected Future Benefit Payments, Undiscounted $ 32,959,156 $ 16,567,993 Expected Future Benefit Payments, Discounted (Original Discount Rate) 21,977,317 9,351,118 Expected Future Benefit Payments, Discounted (Current Discount Rate) 19,903,661 9,635,297 Expected Future Gross Premiums, Undiscounted — 2,023,131 Expected Future Gross Premiums, Discounted (Original Discount Rate) — 1,561,598 Expected Future Gross Premiums, Discounted (Current Discount Rate) — 1,536,466 As of December 31, 2023 Payout Annuities Other Expected Future Benefit Payments, Undiscounted $ 29,164,580 $ 832,608 Expected Future Benefit Payments, Discounted (Original Discount Rate) 19,899,423 689,760 Expected Future Benefit Payments, Discounted (Current Discount Rate) 17,427,352 604,768 Expected Future Gross Premiums, Undiscounted — 377,693 Expected Future Gross Premiums, Discounted (Original Discount Rate) — 317,710 Expected Future Gross Premiums, Discounted (Current Discount Rate) — 262,653
Schedule of Additional Liability, Long-Duration Insurance	The following tables reflect the additional liability for annuitization, death, or other insurance benefits roll-forward for the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 2023 Balance as of Beginning of Period $ 7,251,266 $ 5,104,810 Effect of Changes in Cash Flow Assumptions (7,760) 13,773 Effect of Changes in Experience (30,523) (26,485) Adjusted Balance as of Beginning of Period 7,212,983 5,092,098 Issuances 17,695 20,054 Assessments 517,859 352,623 Benefits Paid (383,297) (292,067) Interest 179,790 104,393 Balance as of End of Period 7,545,030 5,277,101 Less: Impact of Unrealized Investment Gains and Losses 125,689 138,587 Less: Reinsurance Recoverable, End of Period 1,540,118 — Balance, End of Period, Net of Reinsurance Recoverable and Impact of Unrealized Investment Gains and Losses $ 5,879,223 $ 5,138,514 The following reflects the amount of gross assessments recognized for the additional liability for annuitization, death, or other insurance benefits in the consolidated statements of operations for the nine months ended September 30, 2024 and 2023: Gross Assessments Nine Months Ended September 30, 2024 2023 Total Amount Recognized Within Revenue in the Consolidated Statements of Operations $ 530,138 $ 342,419 The following reflects the weighted average duration and weighted average interest rate for the additional liability for annuitization, death, or other insurance benefits as of September 30, 2024 and December 31, 2023: As of September 30, 2024 December 31, 2023 Weighted-Average Interest, Current Discount Rate 3.28 % 3.09 % Weighted-Average Liability Duration (Years) 26.92 27.64
Schedule of Market Risk Benefit, Activity	The following table presents the balances of, and changes in, market risk benefits: Nine months ended September 30, 2024 September 30, 2023 Fixed-indexed Annuity Variable- and Other Annuities Total Fixed-indexed Annuity Variable- and Other Annuities Total Balance as of Beginning of Period $ 868,268 $ 252,683 $ 1,120,951 $ 548,536 $ 120,322 $ 668,858 Balance as of Beginning of Period, Before Impact of Changes in Instrument-specific Credit Risk $ 790,616 $ 225,593 $ 1,016,209 $ 656,880 $ 150,633 $ 807,513 Issuances 38,762 (8) 38,754 847 (30) 817 Interest 32,306 7,800 40,106 29,734 6,548 36,282 Attributed Fees Collected 78,896 67,198 146,094 77,685 62,925 140,610 Benefit Payments (5,279) (5,301) (10,580) (2,781) (1,102) (3,883) Effect of Changes in Interest Rates (25,023) (2,924) (27,947) (184,971) (89,899) (274,870) Effect of Changes in Equity Markets (28,621) (75,864) (104,485) (8,098) (16,848) (24,946) Effect of Actual Experience Different from Assumptions 23,108 (11,710) 11,398 138,788 (32,820) 105,968 Effect of Changes in Other Future Expected Assumptions (126,523) (2,145) (128,668) (93,298) 55,657 (37,641) Balance as of End of Period Before Impact of Changes in Instrument-Specific Credit Risk 778,242 202,639 980,881 614,786 135,064 749,850 Effect of Changes in Instrument-specific Credit Risk 98,839 35,777 134,616 13,178 6,117 19,295 Balance as of End of Period 877,081 238,416 1,115,497 627,964 141,181 769,145 Less: Reinsurance Recoverable as of the End of the Period — (13,312) (13,312) — (13,169) (13,169) Balance as of End of Period, Net of Reinsurance Recoverable $ 877,081 $ 225,104 $ 1,102,185 $ 627,964 $ 128,012 $ 755,976 Net Amount at Risk $ 4,535,978 $ 1,226,221 $ 5,762,199 $ 4,200,773 $ 1,312,724 $ 5,513,497 Weighted-average Attained Age of Contract holders (Years) 71 70 71 70 69 70 The following reflects the reconciliation of the market risk benefits reflected in the preceding table to the amounts reported in an asset and liability position, respectively, in the consolidated statements of financial condition as of September 30, 2024, and December 31, 2023: As of September 30, 2024 As of December 31, 2023 Asset Liability Net Asset Liability Net Fixed-indexed Annuities $ 377 $ 877,458 $ (877,081) $ — $ 868,268 $ (868,268) Variable- and Other Annuities — 238,416 (238,416) 17 252,700 (252,683) Total $ 377 $ 1,115,874 $ (1,115,497) $ 17 $ 1,120,968 $ (1,120,951)
Schedule of Separate Account, Liability	The following table presents the balances of and changes in separate account liabilities: September 30, 2024 September 30, 2023 Variable Annuities Interest-Sensitive Life Total Variable Annuities Interest-Sensitive Life Total Balance as of Beginning of Period $ 3,565,029 $ 541,971 $ 4,107,000 $ 3,627,769 $ 503,025 $ 4,130,794 Premiums and Deposits 18,817 9,544 28,361 26,449 10,337 36,786 Surrenders, Withdrawals and Benefit Payments (414,727) (18,600) (433,327) (357,330) (16,590) (373,920) Investment Performance 463,798 88,738 552,536 190,354 45,362 235,716 Other (86,983) (33,414) (120,397) (92,798) (36,675) (129,473) Balance as of End of Period $ 3,545,934 $ 588,239 $ 4,134,173 $ 3,394,444 $ 505,459 $ 3,899,903 Cash Surrender Value as of End of Period (1) $ 3,545,934 $ 588,239 $ 4,134,173 $ 3,394,444 $ 505,459 $ 3,899,903 (1) Cash surrender value attributed to the separate accounts does not reflect the impact of surrender charges; surrender charges are attributed to policyholder account balances recorded in the general account.
Schedule of Fair Value, Separate Account Investment	The following table presents the aggregate fair value of assets, by major investment asset type, supporting separate accounts: September 30, 2024 December 31, 2023 Asset Type: Managed Volatility Equity/Fixed Income Blended Fund $ 2,045,045 $ 2,131,149 Equity 1,720,114 1,596,467 Fixed Income 149,902 152,398 Money Market 218,490 226,387 Alternative 622 599 Total Assets Supporting Separate Account Liabilities $ 4,134,173 $ 4,107,000

EQUITY-BASED COMPENSATION (Tabl

EQUITY-BASED COMPENSATION (Tables)	9 Months Ended
	Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]
Schedule of Share-Based Payment Arrangement, Expensed and Capitalized, Amount	The following table summarizes the expense associated with equity-based compensation in connection with KKR equity incentive awards and incentive awards under the Global Atlantic Financial Company Book Value Award Plan ("GA Book Value Plan") and the Global Atlantic Senior Management Equity Incentive Plan ("GA Equity Incentive Plan") for the three and nine months ended September 30, 2024 and 2023, respectively. Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Asset Management $ 149,575 $ 119,603 $ 453,505 $ 354,808 Insurance 35,093 26,340 99,482 121,128 Total $ 184,668 $ 145,943 $ 552,987 $ 475,936
Schedule of Unvested Awards Granted Under Equity Incentive Plan	A summary of the status of unvested Service-Vesting Awards granted from January 1, 2024 through September 30, 2024 is presented below: Shares (1) Weighted Balance, January 1, 2024 23,228,671 $ 53.22 Granted 4,644,817 79.28 Vested (5,470,039) 47.59 Forfeitures (724,297) 58.15 Balance, September 30, 2024 21,679,152 $ 60.06 (1) Unvested Service-Vesting Awards include restricted stock units and restricted holdings units granted to Global Atlantic employees. A summary of the status of unvested Market Condition Awards granted from January 1, 2024 through September 30, 2024 is presented below: Shares (1) Weighted Balance, January 1, 2024 36,497,589 $ 29.59 Granted 2,278,830 58.31 Vested (231,064) 21.70 Forfeitures (498,960) 30.79 Balance, September 30, 2024 38,046,395 $ 31.34 (1) Unvested Market Condition Awards include restricted holdings units granted to Global Atlantic employees.
Schedule of Significant Assumptions Used to Estimate Grant Date Fair Value	Below is a summary of the grant date fair value based on the Monte Carlo simulation valuation model and the significant assumptions used to estimate the grant date fair value of these Market Condition Awards: Weighted Range Grant Date Fair Value $30.62 $19.87 - $79.94 Closing KKR share price as of valuation date $51.74 $37.93 - $98.62 Risk Free Rate 2.21% 0.41% - 4.41% Volatility 30.04% 28.00% - 38.00% Dividend Yield 1.27% 0.71% - 1.53% Expected Cost of Equity 10.74% 9.13% - 11.80% Below is a summary of the grant date fair value based on the Monte Carlo simulation valuation model and the significant assumptions used to estimate the grant date fair value of these Co-CEO Awards: Grant Date Fair Value $48.91 Closing KKR share price as of valuation date $75.76 Risk Free Rate 1.42 % Volatility 28.0 % Dividend Yield 0.77 % Expected Cost of Equity 9.36 %

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	9 Months Ended
	Sep. 30, 2024
Related Party Transactions [Abstract]
Schedule of Due From and to Affiliates	Due from Affiliates consists of: September 30, 2024 December 31, 2023 Amounts due from unconsolidated investment funds $ 1,713,504 $ 1,229,308 Amounts due from portfolio companies 321,160 217,544 Due from Affiliates $ 2,034,664 $ 1,446,852 Due to Affiliates consists of: September 30, 2024 December 31, 2023 Amounts due to current and former employees under the tax receivable agreement $ 381,076 $ 406,730 Amounts due to unconsolidated investment funds 89,615 131,369 Due to Affiliates $ 470,691 $ 538,099

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Schedule of Information Regarding Segment Results and Reconciliations	The following tables set forth information regarding KKR's segment results: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Asset Management Management Fees (1)(2) $ 892,629 $ 758,700 $ 2,555,263 $ 2,245,744 Transaction and Monitoring Fees, Net 467,145 124,014 842,087 456,421 Fee Related Performance Revenues 56,655 20,436 112,901 70,529 Fee Related Compensation (247,875) (203,209) (614,294) (623,987) Other Operating Expenses (167,881) (142,416) (471,146) (440,295) Fee Related Earnings 1,000,673 557,525 2,424,811 1,708,412 Realized Performance Income (3) 391,920 329,266 1,145,774 653,998 Realized Performance Income Compensation (289,994) (213,816) (843,011) (424,910) Realized Investment Income (4) 151,546 216,727 424,845 529,583 Realized Investment Income Compensation (22,732) (34,679) (63,725) (81,576) Asset Management Segment Earnings $ 1,231,413 $ 855,023 $ 3,088,694 $ 2,385,507 Insurance Net Investment Income (1) (4) $ 1,636,300 $ 1,356,407 $ 4,660,765 $ 3,911,456 Net Cost of Insurance (1,166,891) (820,014) (3,240,834) (2,382,303) General, Administrative and Other (230,889) (204,701) (655,358) (604,700) Pre-tax Operating Earnings 238,520 331,692 764,573 924,453 Pre-tax Operating Earnings Attributable to Noncontrolling Interests — (121,665) — (339,090) Insurance Operating Earnings $ 238,520 $ 210,027 $ 764,573 $ 585,363 Strategic Holdings Dividends, Net (2) $ 6,828 $ — $ 68,400 $ — Strategic Holdings Operating Earnings 6,828 — 68,400 — Net Realized Investment Income (3) 87,693 — 87,693 — Strategic Holdings Segment Earnings $ 94,521 $ — $ 156,093 $ — Total Segment Earnings $ 1,564,454 $ 1,065,050 $ 4,009,360 $ 2,970,870 (1) Includes intersegment management fees of $144.9 million and $112.1 million between Asset Management and Insurance segments for the three months ended September 30, 2024 and 2023, respectively, and $384.4 million and $331.0 million for the nine months ended September 30, 2024 and 2023, respectively. (2) Includes intersegment management fees of $8.2 million between the Asset Management and the Strategic Holdings segments for the three months ended September 30, 2024 and $23.9 million for the nine months ended September 30, 2024. (3) Includes intersegment performances fees of $15.5 million between the Asset Management and the Strategic Holdings segments for the three and nine months ended September 30, 2024. (4) Includes intersegment interest expense of $2.1 million and $49.7 million for the three months ended September 30, 2024 and 2023, respectively, and $7.4 million and $137.9 million for the nine months ended September 30, 2024 and 2023, respectively. As of September 30, 2024 2023 Segment Assets: Asset Management $ 27,264,016 $ 26,522,206 Insurance 244,991,087 174,054,907 Strategic Holdings 7,290,413 6,482,608 Total Segment Assets $ 279,545,516 $ 207,059,721 Three Months Ended September 30, Nine Months Ended September 30, Non-cash expenses excluded from Segment Earnings 2024 2023 2024 2023 Equity Based Compensation and Other Asset Management $ 149,575 $ 119,603 $ 453,505 $ 354,808 Insurance (1) 35,093 16,678 99,482 76,969 Total Non-cash expenses $ 184,668 $ 136,281 $ 552,987 $ 431,777 (1) Amounts include the portion allocable to KKR & Co. Inc. The following tables reconcile Segment Revenues, Segment Earnings, and Segment Assets to their equivalent GAAP measure: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Total GAAP Revenues $ 4,791,696 $ 3,315,481 $ 18,620,344 $ 10,069,481 Impact of Consolidation and Other 335,048 218,495 865,898 613,048 Asset Management Adjustments: Capital Allocation-Based Income (Loss) (GAAP) (1,163,424) (1,009,645) (3,164,491) (2,155,560) Realized Carried Interest 336,016 327,195 1,044,843 646,116 Realized Investment Income 151,546 216,727 424,845 529,583 Capstone Fees (29,141) (23,235) (69,218) (67,080) Expense Reimbursements (32,789) (15,982) (68,050) (48,366) Strategic Holdings Adjustments: Realized Investment Income and Dividends 118,162 — 195,400 — Insurance Adjustments: Net Premiums (621,218) (220,212) (7,593,534) (1,320,265) Policy Fees (375,371) (314,016) (1,038,218) (943,200) Other Income (60,162) (42,341) (180,436) (119,357) (Gains) Losses from Investments (1) 687,170 (75,064) 1,254,170 379,213 Non-operating Changes in Policy Liabilities and Derivatives (446,817) 428,147 (393,825) 284,118 Total Segment Revenues (2) $ 3,690,716 $ 2,805,550 $ 9,897,728 $ 7,867,731 (1) Includes gains and losses on funds withheld receivables and payables embedded derivatives. (2) Total Segment Revenues is comprised of (i) Management Fees, (ii) Transaction and Monitoring Fees, Net, (iii) Fee Related Performance Revenues, (iv) Realized Performance Income, (v) Realized Investment Income, (vi) Net Investment Income and (vii) Dividends, Net. Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Income (Loss) Before Tax (GAAP) $ 1,644,564 $ 2,819,190 $ 4,217,820 $ 4,678,638 Impact of Consolidation and Other (823,034) (883,896) (1,161,554) (1,036,007) Interest Expense, Net 80,709 74,960 230,617 252,557 Asset Management Adjustments: Unrealized (Gains) Losses 89,805 (445,477) (385,448) (561,064) Unrealized Carried Interest (850,638) (616,963) (1,987,597) (1,255,117) Unrealized Carried Interest Compensation 644,881 310,917 1,555,336 590,108 Transaction-related and Non-operating Items 90,716 8,038 153,699 22,037 Equity-based compensation 66,549 46,782 206,861 151,060 Equity-based compensation - Performance based 83,026 72,821 246,644 203,748 Strategic Holdings Adjustments: Unrealized (Gains) Losses (226,319) (265,092) (644,285) (508,489) Insurance Adjustments: (1) (Gains) Losses from Investments (1)(2) 692,422 (33,337) 1,251,953 223,260 Non-operating Changes in Policy Liabilities and Derivatives (1) 12,589 (42,364) 192,917 121,590 Transaction-related and Non-operating Items (1) 19,679 — 19,679 3,199 Equity-based and Other Compensation (1) 35,093 16,678 99,482 76,969 Amortization of Acquired Intangibles (1) 4,412 2,793 13,236 8,381 Total Segment Earnings $ 1,564,454 $ 1,065,050 $ 4,009,360 $ 2,970,870 (1) Amounts represent the portion allocable to KKR & Co. Inc. (2) Includes gains and losses on funds withheld receivables and payables embedded derivatives. As of September 30, 2024 September 30, 2023 Total GAAP Assets $ 360,655,876 $ 288,732,956 Impact of Consolidation and Reclassifications (76,399,555) (84,135,828) Carry Pool Reclassifications (4,710,805) 2,462,593 Total Segment Assets $ 279,545,516 $ 207,059,721

EQUITY (Tables)

EQUITY (Tables)	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Schedule of Share Repurchases	The following table presents the shares of KKR & Co. Inc. common stock that have been repurchased or equity awards retired under the repurchase program: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Shares of common stock repurchased — 308,808 — 5,395,162 Equity awards for common stock retired 696 — 924,559 604,281
Schedule of Noncontrolling Interests	The following table presents total noncontrolling interests: Three Months Ended September 30, 2024 2023 Balance at the beginning of the period $ 35,565,377 $ 40,429,454 Net Income (Loss) Attributable to Noncontrolling Interests 838,916 895,539 Other Comprehensive Income (Loss), net of tax (10,477) (503,289) Equity-Based Compensation (Non Cash Contribution) 107,078 78,493 Change in KKR & Co. Inc.'s Ownership Interest (54,299) — Capital Contributions 2,580,370 1,886,326 Capital Distributions (2,729,479) (1,822,724) Changes in Consolidation 95,131 (195,271) Balance at the end of the period $ 36,392,617 $ 40,768,528 Nine Months Ended September 30, 2024 2023 Beginning of Period (as previously reported for the prior period) $ 34,904,791 $ 35,778,000 Adoption of New Accounting Standard — 632,858 Balance at the beginning of the period (as revised for the prior period) 34,904,791 36,410,858 Net Income (Loss) Attributable to Noncontrolling Interests 1,513,518 1,088,622 Other Comprehensive Income (Loss), net of tax (15,315) (213,251) Compensation Modification - Issuance of Holdings III Units (See Note 19) 53,623 — Equity-Based Compensation (Non Cash Contribution) 319,137 226,169 2024 GA Acquisition - Cash consideration (See Note 1) (2,622,230) — 2024 GA Acquisition - Issuance of Holdings III Units (See Note 1) 40,789 — Change in KKR & Co. Inc.'s Ownership - 2024 GA Acquisition 2,169,300 — Change in KKR & Co. Inc.'s Ownership Interest (342,811) (113,121) Capital Contributions 5,976,650 9,290,719 Capital Distributions (6,767,940) (5,560,590) Changes in Consolidation 1,163,105 (360,878) Balance at the end of the period $ 36,392,617 $ 40,768,528

REDEEMABLE NONCONTROLLING INT_2

REDEEMABLE NONCONTROLLING INTERESTS (Tables)	9 Months Ended
	Sep. 30, 2024
Noncontrolling Interest [Abstract]
Schedule of Rollforward of Redeemable Noncontrolling Interest	The following table presents the calculation of Redeemable Noncontrolling Interests: Three Months Ended September 30, 2024 2023 Balance at the beginning of the period $ 1,291,487 $ 183,413 Net Income (Loss) Attributable to Redeemable Noncontrolling Interests (4,798) (3,685) Capital Contributions 47,409 242,359 Capital Distributions (10,027) (213) Change in KKR & Co. Inc.'s Ownership Interest (1,763) — Balance at the end of the period $ 1,322,308 $ 421,874 Nine Months Ended September 30, 2024 2023 Balance at the beginning of the period $ 615,427 $ 152,065 Net Income (Loss) Attributable to Redeemable Noncontrolling Interests 57,546 (12,728) Capital Contributions 671,530 312,356 Capital Distributions (20,432) (1,998) Change in KKR & Co. Inc.'s Ownership Interest (1,763) — Changes in Consolidation — (27,821) Balance at the end of the period $ 1,322,308 $ 421,874

ORGANIZATION (Details)

ORGANIZATION (Details) $ in Millions			9 Months Ended
	Jan. 02, 2024 USD ($)	Oct. 08, 2021 vote	Sep. 30, 2024
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Number of votes per common share (vote) | vote		1
Reorganization agreement, anniversary of death or permanent disability of co-founders		6 months
Global Atlantic
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Cash Consideration paid by KKR	$ 2,600
Issuance of securities exchangeable for shares of KKR & Co. common stock	$ 41
KKR Group Partnership
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Percentage of economic interest held by parent entity			99.20%

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)		9 Months Ended	12 Months Ended
	Jan. 02, 2024	Sep. 30, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Carry pool percentage threshold	80%
Maximum
Finite-Lived Intangible Assets [Line Items]
Carry pool percentage threshold	80%	80%
All Other Funds, Option One
Finite-Lived Intangible Assets [Line Items]
Percent allocated to carry pool			40%
All Other Funds, Option Two
Finite-Lived Intangible Assets [Line Items]
Percent allocated to carry pool			43%
All Other Funds, Option Three
Finite-Lived Intangible Assets [Line Items]
Percent allocated to carry pool			65%
All Other Funds, Option Four
Finite-Lived Intangible Assets [Line Items]
Percent allocated to carry pool		80%

REVENUES - ASSET MANAGEMENT A_3

REVENUES - ASSET MANAGEMENT AND STRATEGIC HOLDINGS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Total Revenues	$ 4,791,696	$ 3,315,481	$ 18,620,344	$ 10,069,481
Asset Management and Strategic Holdings
Disaggregation of Revenue [Line Items]
Fees and Other	1,105,666	655,367	2,621,516	2,086,830
Carried Interest	1,071,164	841,092	2,856,414	1,724,777
General Partner Capital Interest	92,260	168,553	308,077	430,783
Total Capital Allocation-Based Income (Loss)	1,163,424	1,009,645	3,164,491	2,155,560
Total Revenues	2,269,090	1,665,012	5,786,007	4,242,390
Management Fees | Asset Management and Strategic Holdings
Disaggregation of Revenue [Line Items]
Fees and Other	521,573	458,624	1,478,403	1,358,526
Fee Credits | Asset Management and Strategic Holdings
Disaggregation of Revenue [Line Items]
Fees and Other	(257,974)	(60,671)	(435,476)	(167,814)
Transaction Fees | Asset Management and Strategic Holdings
Disaggregation of Revenue [Line Items]
Fees and Other	732,129	180,794	1,267,204	660,049
Monitoring Fees | Asset Management and Strategic Holdings
Disaggregation of Revenue [Line Items]
Fees and Other	43,622	34,253	135,902	98,902
Incentive Fees | Asset Management and Strategic Holdings
Disaggregation of Revenue [Line Items]
Fees and Other	4,386	3,150	38,215	21,721
Expense Reimbursements | Asset Management and Strategic Holdings
Disaggregation of Revenue [Line Items]
Fees and Other	32,789	15,982	68,050	48,366
Consulting Fees | Asset Management and Strategic Holdings
Disaggregation of Revenue [Line Items]
Fees and Other	$ 29,141	$ 23,235	$ 69,218	$ 67,080

NET GAINS (LOSSES) FROM INVES_3

NET GAINS (LOSSES) FROM INVESTMENT ACTIVITIES - ASSET MANAGEMENT AND STRATEGIC HOLDINGS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	$ 252,529	$ (69,009)	$ 285,679	$ (358,929)
Net Unrealized Gains (Losses)	1,062,097	1,537,218	2,059,776	2,237,814
Total	1,314,626	1,468,209	2,345,455	1,878,885
Private Equity
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	(100,037)	75,764	(75,157)	247,689
Net Unrealized Gains (Losses)	1,606,607	902,439	2,053,432	1,373,121
Total	1,506,570	978,203	1,978,275	1,620,810
Credit
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	(6,697)	(5,249)	61,597	(305,061)
Net Unrealized Gains (Losses)	16,244	(53,016)	(142,345)	368,744
Total	9,547	(58,265)	(80,748)	63,683
Investments of Consolidated CFEs
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	(71,668)	(46,266)	(68,378)	(96,148)
Net Unrealized Gains (Losses)	46,225	370,853	54,177	939,835
Total	(25,443)	324,587	(14,201)	843,687
Real Assets
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	342,196	(313,139)	291,310	(252,085)
Net Unrealized Gains (Losses)	(239,711)	486,868	(234,798)	(22,676)
Total	102,485	173,729	56,512	(274,761)
Equity Method - Other
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	84,461	130,634	288,450	188,670
Net Unrealized Gains (Losses)	261,934	51,227	405,124	314,010
Total	346,395	181,861	693,574	502,680
Other Investments
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	20,529	5,190	(250,458)	(317,609)
Net Unrealized Gains (Losses)	100,905	(84,446)	361,342	103,631
Total	121,434	(79,256)	110,884	(213,978)
Foreign Exchange Forward Contracts and Options
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	1,576	61,211	59,414	63,682
Net Unrealized Gains (Losses)	(440,759)	105,328	(225,344)	71,525
Total	(439,183)	166,539	(165,930)	135,207
Securities Sold Short
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	(7,171)	(938)	(23,920)	(1,894)
Net Unrealized Gains (Losses)	(5,406)	9,967	5,285	6,539
Total	(12,577)	9,029	(18,635)	4,645
Other Derivatives
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	(17,283)	(205)	(24,780)	13,743
Net Unrealized Gains (Losses)	(2,074)	11,621	6,694	17,532
Total	(19,357)	11,416	(18,086)	31,275
Debt Obligations and Other
Gain (Loss) on Investments [Line Items]
Net Realized Gains (Losses)	6,623	23,989	27,601	100,084
Net Unrealized Gains (Losses)	(281,868)	(263,623)	(223,791)	(934,447)
Total	$ (275,245)	$ (239,634)	$ (196,190)	$ (834,363)

NET INVESTMENT INCOME - INSUR_3

NET INVESTMENT INCOME - INSURANCE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Net Investment Income [Line Items]
Gross Investment Income	$ 1,922,818	$ 1,539,491	$ 5,413,521	$ 4,460,122
Net Investment Income	1,701,826	1,412,130	4,802,226	4,023,882
Investment Management and Administration
Net Investment Income [Line Items]
Investment expenses	146,693	83,424	379,015	248,902
Transportation, Renewable Energy and Real-estate Asset Depreciation and Maintenance
Net Investment Income [Line Items]
Investment expenses	51,797	45,931	151,716	152,319
Interest Expense on Derivative Collateral and Repurchase Agreements
Net Investment Income [Line Items]
Investment expenses	22,502	(1,994)	80,564	35,019
Fixed Maturity Securities – Interest and Other Income
Net Investment Income [Line Items]
Gross investment income and gain (loss) on equity method investments	1,428,699	1,128,962	4,173,336	3,265,774
Mortgage and Other Loan Receivables
Net Investment Income [Line Items]
Gross investment income and gain (loss) on equity method investments	725,463	491,922	1,914,700	1,423,142
Investments in Transportation and Other Leased Assets
Net Investment Income [Line Items]
Gross investment income and gain (loss) on equity method investments	87,321	81,365	249,827	236,280
Investments in Renewable Energy
Net Investment Income [Line Items]
Gross investment income and gain (loss) on equity method investments	24,044	41,061	49,446	78,990
Investments in Real Estate
Net Investment Income [Line Items]
Gross investment income and gain (loss) on equity method investments	86,491	42,447	184,729	121,908
Short-term and Other Investment Income
Net Investment Income [Line Items]
Gross investment income and gain (loss) on equity method investments	170,157	52,072	462,408	184,366
Income Assumed from Funds Withheld Receivable at Interest
Net Investment Income [Line Items]
Gross investment income and gain (loss) on equity method investments	20,717	23,765	61,433	71,547
Policy Loans
Net Investment Income [Line Items]
Gross investment income and gain (loss) on equity method investments	20,180	9,588	64,260	28,289
Income Ceded to Funds Withheld Payable at Interest
Net Investment Income [Line Items]
Gross investment income and gain (loss) on equity method investments	$ (640,254)	$ (331,691)	$ (1,746,618)	$ (950,174)

NET INVESTMENT-RELATED GAINS _3

NET INVESTMENT-RELATED GAINS (LOSSES) - INSURANCE - Net Investment Gains (Losses) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Net Investment Income [Line Items]
Credit Loss Allowances on Mortgage and Other Loan Receivables	$ (92,293)	$ (29,824)	$ (263,749)	$ (124,515)
Insurance
Net Investment Income [Line Items]
Realized Losses on Available-for-sale Fixed Maturity Debt Securities	(285,352)	(15,156)	(387,975)	(67,195)
Credit Loss Allowances on Available-for-sale Securities	(59,195)	24,916	(50,455)	(82,024)
Credit Loss Allowances on Mortgage and Other Loan Receivables	(92,293)	(29,824)	(263,749)	(124,515)
Allowances on Unfunded Commitments	(1,663)	(5,100)	25,598	26,494
Impairment of Available-for-sale Fixed Maturity Debt Securities Due to Intent to Sell				(26,741)
Unrealized Gains (Losses) on Fixed Maturity Securities Classified as Trading	1,056,483	(594,218)	471,647	(284,555)
Unrealized Gains (Losses) on Investments Recognized under the Fair-value Option and Equity Investments	20,589	(6,750)	(56,579)	(65,963)
Unrealized Losses on Real Estate Investments Recognized at Fair Value Under Investment Company Accounting	(26,503)	(26,442)	(133,280)	(6,621)
Net (Losses) Gains on Derivative Instruments	(877,533)	314,380	(451,747)	44,399
Other Realized Gains (Losses)	73,848	(935)	63,558	(7,116)
Net Investment-Related Losses	(235,971)	(338,230)	(780,077)	(579,613)
Insurance | Payable Portfolio Segment
Net Investment Income [Line Items]
Realized (Losses) Gains on Funds Withheld at Interest Payable/Receivable Portfolio	(20,158)	5,720	50,147	13,332
Insurance | Receivable Portfolio Segment
Net Investment Income [Line Items]
Realized (Losses) Gains on Funds Withheld at Interest Payable/Receivable Portfolio	$ (24,194)	$ (4,821)	$ (47,242)	$ 892

NET INVESTMENT-RELATED GAINS _4

NET INVESTMENT-RELATED GAINS (LOSSES) - INSURANCE - Allowance for Credit Losses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]
Balance, as of Beginning of Period	$ 215,214	$ 229,298	$ 268,712	$ 128,332
Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance	19,424	6,436	43,027	74,181
Accretion of Initial Credit Loss Allowance on PCD Securities	125	237	440	924
Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance	(3,183)	(4,420)	(12,250)	(11,081)
Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance	39,771	(31,352)	7,428	7,843
Balances Charged Off	(22,840)		(58,846)
Balance, as of End of Period	248,511	200,199	248,511	200,199
Corporate
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]
Balance, as of Beginning of Period	64,610	22,951	49,008	1,298
Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance	19,132	111	41,475	20,848
Accretion of Initial Credit Loss Allowance on PCD Securities	0	0	0	0
Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance	(38)	(584)	(278)	(584)
Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance	105	(4,038)	17,233	(3,122)
Balances Charged Off	(22,840)		(46,469)
Balance, as of End of Period	60,969	18,440	60,969	18,440
Structured
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]
Balance, as of Beginning of Period	150,604	206,347	219,704	127,034
Initial Credit Loss Allowance Recognized on Securities with No Previously Recognized Allowance	292	6,325	1,552	53,333
Accretion of Initial Credit Loss Allowance on PCD Securities	125	237	440	924
Reductions due to Sales (or Maturities, Pay Downs or Prepayments) During the Period of Securities with a Previously Recognized Credit Loss Allowance	(3,145)	(3,836)	(11,972)	(10,497)
Net Additions / Reductions for Securities with a Previously Recognized Credit Loss Allowance	39,666	(27,314)	(9,805)	10,965
Balances Charged Off	0		(12,377)
Balance, as of End of Period	$ 187,542	$ 181,759	$ 187,542	$ 181,759

NET INVESTMENT-RELATED GAINS _5

NET INVESTMENT-RELATED GAINS (LOSSES) - INSURANCE - Allowance for Credit Losses, Receivables (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, as of Beginning of Period	$ 601,256	$ 578,049	$ 602,443	$ 560,228	$ 560,228
Net Provision (Release)	92,293	29,824	263,749	124,515
Charge-offs	(81,753)	(44,168)	(265,703)	(131,538)
Recoveries of Amounts Previously Charged-off	9,448	5,334	20,755	15,834
Balance, as of End of Period	621,244	569,039	621,244	569,039	602,443
Commercial Mortgage Loans
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, as of Beginning of Period	308,367	239,866	319,631	227,315	227,315
Net Provision (Release)	64,482	21,725	151,822	48,276
Charge-offs	(44,487)	0	(143,091)	(14,000)	(21,616)
Recoveries of Amounts Previously Charged-off	3,564	0	3,564	0
Balance, as of End of Period	331,926	261,591	331,926	261,591	319,631
Residential Mortgage Loans
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, as of Beginning of Period	90,234	139,936	107,204	125,824	125,824
Net Provision (Release)	8,263	(14,663)	(5,925)	2,871
Charge-offs	(2,334)	(2,648)	(5,116)	(6,070)	(8,176)
Recoveries of Amounts Previously Charged-off	0	0	0	0
Balance, as of End of Period	96,163	122,625	96,163	122,625	107,204
Consumer and Other Loan Receivables
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, as of Beginning of Period	202,655	198,247	175,608	207,089	207,089
Net Provision (Release)	19,548	22,762	117,852	73,368
Charge-offs	(34,932)	(41,520)	(117,496)	(111,468)
Recoveries of Amounts Previously Charged-off	5,884	5,334	17,191	15,834
Balance, as of End of Period	$ 193,155	$ 184,823	$ 193,155	$ 184,823	$ 175,608

NET INVESTMENT-RELATED GAINS _6

NET INVESTMENT-RELATED GAINS (LOSSES) - INSURANCE - Sales (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
AFS Fixed Maturity Securities:
Proceeds from Voluntary Sales	$ 6,975,389	$ 1,180,675	$ 15,934,858	$ 4,316,003
Gross Gains	51,468	15,152	95,192	45,717
Gross Losses	$ (334,092)	$ (27,499)	$ (453,105)	$ (108,355)

INVESTMENTS - Summary of Invest

INVESTMENTS - Summary of Investments (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Jun. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Schedule of Investments [Line Items]
Total Investments	$ 276,678,702		$ 240,005,124
Amortized cost of available for sale securities	84,816,060		78,723,857
Allowance for credit losses on available for sale securities	248,511	$ 215,214	268,712	$ 200,199	$ 229,298	$ 128,332
Asset Management and Strategic Holdings
Schedule of Investments [Line Items]
Total Investments	104,301,594		98,634,801
Insurance
Schedule of Investments [Line Items]
Total Investments	172,377,108		141,370,323
Amortized cost of available for sale securities	84,800,000		78,700,000
Allowance for credit losses on available for sale securities	248,500		268,700
Amortized cost, trading securities	25,400,000		20,500,000
Private Equity | Asset Management and Strategic Holdings
Schedule of Investments [Line Items]
Total Investments	34,408,460		32,742,484
Credit | Asset Management and Strategic Holdings
Schedule of Investments [Line Items]
Total Investments	7,576,289		8,274,904
Investments of Consolidated CFEs | Asset Management and Strategic Holdings
Schedule of Investments [Line Items]
Total Investments	25,862,833		24,996,298
Real Assets | Asset Management and Strategic Holdings
Schedule of Investments [Line Items]
Total Investments	13,215,039		12,000,008
Equity Method - Other | Asset Management and Strategic Holdings
Schedule of Investments [Line Items]
Total Investments	8,297,044		8,163,831
Equity Method - Capital Allocation-Based Income | Asset Management and Strategic Holdings
Schedule of Investments [Line Items]
Total Investments	9,923,819		7,877,904
Other Investments | Asset Management and Strategic Holdings
Schedule of Investments [Line Items]
Total Investments	5,018,110		4,579,372
Other Investments | Insurance
Schedule of Investments [Line Items]
Total Investments	14,597,929		9,683,326
Fixed Maturity Securities, Available-for-sale, at Fair Value | Insurance
Schedule of Investments [Line Items]
Total Investments	77,596,235		69,414,188
Mortgage and Other loan Receivables | Insurance
Schedule of Investments [Line Items]
Total Investments	51,671,539		39,177,927
Fixed Maturity Securities, Trading, at Fair Value | Insurance
Schedule of Investments [Line Items]
Total Investments	24,152,244		18,805,470
Funds Withheld Receivable at Interest | Insurance
Schedule of Investments [Line Items]
Total Investments	2,554,196		2,713,645
Policy Loans | Insurance
Schedule of Investments [Line Items]
Total Investments	1,610,448		1,556,030
Equity Securities at Fair Value | Insurance
Schedule of Investments [Line Items]
Total Investments	$ 194,517		$ 19,737

INVESTMENTS - Narrative (Detail

INVESTMENTS - Narrative (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2024 USD ($) security	Sep. 30, 2023	Dec. 31, 2023 USD ($) security
Schedule of Investments [Line Items]
Gross unrealized losses on AFS fixed maturity securities	$ 7,688,181		$ 9,407,982
Securities in unrealized loss position | security	4,142
Repurchase agreements, notional value	$ 202,700		1,400,000
Insurance
Schedule of Investments [Line Items]
Equity method investment	1,600,000		143,300
Equity method investment, maximum exposure to loss	196,800		19,700
Other investments	14,597,929		9,683,326
Investment in FHLB
Schedule of Investments [Line Items]
Other investments	127,100		131,700
State And Governmental Authorities
Schedule of Investments [Line Items]
Other investments	150,600		148,500
Asset Pledged as Collateral
Schedule of Investments [Line Items]
Other investments	3,900,000		3,600,000
Collateral Pledged
Schedule of Investments [Line Items]
Equity method investment	692,000
Investment, Fair Value Option | Insurance
Schedule of Investments [Line Items]
Other investments	466,400		175,300
Residential And Commercial Portfolio Segment
Schedule of Investments [Line Items]
Mortgage loans 90 days past due or in process of foreclosure	$ 368,800		$ 510,900
Residential
Schedule of Investments [Line Items]
Weighted average loan-to-value ratio	65%		63%
Commercial
Schedule of Investments [Line Items]
Commitment to lend additional funds	$ 9,300
Commercial | Extended Maturity And Interest Rate Reduction
Schedule of Investments [Line Items]
Financing receivable, modification in period, stated interest rate	4.70%	3.40%
Commercial | Maturity Extension
Schedule of Investments [Line Items]
Financing receivable, modification in period, maturity extension, weighted average term	3 years 8 months 12 days	2 years 10 months 24 days
Global Atlantic
Schedule of Investments [Line Items]
Securities in unrealized loss position | security	4,792		5,886
Below Investment Grade
Schedule of Investments [Line Items]
Gross unrealized losses on AFS fixed maturity securities	$ 567,500		$ 694,600
Gross unrealized losses on AFS fixed maturity securities, single largest loss	$ 46,600		$ 53,400
Investments | Investment Concentration Risk
Schedule of Investments [Line Items]
Threshold percentage of total investments (greater than)	5%		5%

INVESTMENTS - AFS Fixed Maturit

INVESTMENTS - AFS Fixed Maturity Securities (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023	Jun. 30, 2024	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	$ 84,816,060	$ 78,723,857
Allowance for Credit Losses	(248,511)	(268,712)	$ (215,214)	$ (200,199)	$ (229,298)	$ (128,332)
Gross Unrealized Gains	716,867	367,025
Gross Unrealized Losses	(7,688,181)	(9,407,982)
Fair Value	77,596,235	69,414,188
Allowance for credit losses at acquisition	(8,000)	(12,800)
U.S. Government and Agencies
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	2,688,473	1,209,507
Allowance for Credit Losses	0	0
Gross Unrealized Gains	83,209	62,514
Gross Unrealized Losses	(68,842)	(68,929)
Fair Value	2,702,840	1,203,092
U.S. State, Municipal and Political Subdivisions
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	4,964,066	5,562,826
Allowance for Credit Losses	0	0
Gross Unrealized Gains	19,998	29,699
Gross Unrealized Losses	(836,307)	(985,133)
Fair Value	4,147,757	4,607,392
Corporate
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	47,673,807	46,378,337
Allowance for Credit Losses	(60,969)	(49,008)	$ (64,610)	$ (18,440)	$ (22,951)	$ (1,298)
Gross Unrealized Gains	434,723	211,570
Gross Unrealized Losses	(5,640,948)	(6,592,143)
Fair Value	42,406,613	39,948,756
Residential Mortgage-backed Securities, or “RMBS”
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	11,364,665	8,734,629
Allowance for Credit Losses	(119,582)	(152,067)
Gross Unrealized Gains	102,507	38,206
Gross Unrealized Losses	(532,564)	(674,550)
Fair Value	10,815,026	7,946,218
Commercial Mortgage-backed Securities, or “CMBS”
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	8,350,055	7,491,743
Allowance for Credit Losses	(48,661)	(35,953)
Gross Unrealized Gains	26,467	4,195
Gross Unrealized Losses	(428,662)	(731,358)
Fair Value	7,899,199	6,728,627
Collateralized Bond Obligations, or “CBOs”
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	2,627,101	2,951,511
Allowance for Credit Losses	(1,133)	(1,214)
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(68,669)	(143,818)
Fair Value	2,557,299	2,806,479
CLOs
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	4,082,054	3,493,731
Allowance for Credit Losses	(8,704)	(19,077)
Gross Unrealized Gains	20,339	6,483
Gross Unrealized Losses	(22,647)	(52,365)
Fair Value	4,071,042	3,428,772
Asset-Backed Securities, or “ABSs”
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	3,065,839	2,901,573
Allowance for Credit Losses	(9,462)	(11,393)
Gross Unrealized Gains	29,624	14,358
Gross Unrealized Losses	(89,542)	(159,686)
Fair Value	$ 2,996,459	$ 2,744,852

INVESTMENTS - Maturity Distribu

INVESTMENTS - Maturity Distribution for AFS Fixed Maturity Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Cost or Amortized Cost (Net of Allowance)
Due in One Year or Less	$ 1,484,829
Due After One Year Through Five Years	13,228,006
Due After Five Years Through Ten Years	8,101,805
Due After Ten Years	32,450,737
Subtotal	55,265,377
Cost or Amortized Cost (Net of Allowance)	84,567,549
Fair Value
Due in One Year or Less	1,471,191
Due After One Year Through Five Years	13,129,199
Due After Five Years Through Ten Years	7,882,628
Due After Ten Years	26,774,192
Subtotal	49,257,210
Fair Value	77,596,235	$ 69,414,188
Residential Mortgage-backed Securities, or “RMBS”
Cost or Amortized Cost (Net of Allowance)
Without single maturity date	11,245,083
Fair Value
Without single maturity date	10,815,026
Fair Value	10,815,026	7,946,218
Commercial Mortgage-backed Securities, or “CMBS”
Cost or Amortized Cost (Net of Allowance)
Without single maturity date	8,301,394
Fair Value
Without single maturity date	7,899,199
Fair Value	7,899,199	6,728,627
Collateralized Bond Obligations, or “CBOs”
Cost or Amortized Cost (Net of Allowance)
Without single maturity date	2,625,968
Fair Value
Without single maturity date	2,557,299
Fair Value	2,557,299	2,806,479
CLOs
Cost or Amortized Cost (Net of Allowance)
Without single maturity date	4,073,350
Fair Value
Without single maturity date	4,071,042
Fair Value	4,071,042	3,428,772
Asset-Backed Securities, or “ABSs”
Cost or Amortized Cost (Net of Allowance)
Without single maturity date	3,056,377
Fair Value
Without single maturity date	2,996,459
Fair Value	$ 2,996,459	$ 2,744,852

INVESTMENTS - AFS in Continuous

INVESTMENTS - AFS in Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Fair Value
Less Than 12 months	$ 6,230,343	$ 7,072,867
12 months or More	38,239,835	47,749,955
Total	44,470,178	54,822,822
Unrealized Losses
Less Than 12 months	(196,180)	(283,509)
12 months or More	(7,492,001)	(9,124,473)
Total	(7,688,181)	(9,407,982)
U.S. Government and Agencies
Fair Value
Less Than 12 months	280,737	94,807
12 months or More	219,387	198,750
Total	500,124	293,557
Unrealized Losses
Less Than 12 months	(6,861)	(2,512)
12 months or More	(61,981)	(66,417)
Total	(68,842)	(68,929)
U.S. State, Municipal and Political Subdivisions
Fair Value
Less Than 12 months	30,826	112,468
12 months or More	3,648,599	3,829,447
Total	3,679,425	3,941,915
Unrealized Losses
Less Than 12 months	(885)	(4,140)
12 months or More	(835,422)	(980,993)
Total	(836,307)	(985,133)
Corporate
Fair Value
Less Than 12 months	3,615,097	4,360,234
12 months or More	21,044,515	27,108,292
Total	24,659,612	31,468,526
Unrealized Losses
Less Than 12 months	(149,370)	(189,026)
12 months or More	(5,491,578)	(6,403,117)
Total	(5,640,948)	(6,592,143)
Residential Mortgage-backed Securities, or “RMBS”
Fair Value
Less Than 12 months	1,105,274	1,371,230
12 months or More	4,136,740	4,354,902
Total	5,242,014	5,726,132
Unrealized Losses
Less Than 12 months	(29,841)	(66,550)
12 months or More	(502,723)	(608,000)
Total	(532,564)	(674,550)
Commercial Mortgage-backed Securities, or “CMBS”
Fair Value
Less Than 12 months	813,484	332,095
12 months or More	4,782,526	6,031,766
Total	5,596,010	6,363,861
Unrealized Losses
Less Than 12 months	(5,241)	(4,535)
12 months or More	(423,421)	(726,823)
Total	(428,662)	(731,358)
Collateralized Bond Obligations, or “CBOs”
Fair Value
Less Than 12 months	1,181	1,867
12 months or More	2,556,117	2,804,612
Total	2,557,298	2,806,479
Unrealized Losses
Less Than 12 months	(8)	(118)
12 months or More	(68,661)	(143,700)
Total	(68,669)	(143,818)
CLOs
Fair Value
Less Than 12 months	162,512	246,728
12 months or More	354,552	1,679,813
Total	517,064	1,926,541
Unrealized Losses
Less Than 12 months	(536)	(868)
12 months or More	(22,111)	(51,497)
Total	(22,647)	(52,365)
Asset-Backed Securities, or “ABSs”
Fair Value
Less Than 12 months	221,232	553,438
12 months or More	1,497,399	1,742,373
Total	1,718,631	2,295,811
Unrealized Losses
Less Than 12 months	(3,438)	(15,760)
12 months or More	(86,104)	(143,926)
Total	$ (89,542)	$ (159,686)

INVESTMENTS - Mortgage and Othe

INVESTMENTS - Mortgage and Other Loans Receivable (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Jun. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Mortgage and Other Loan Receivables	$ 52,292,783		$ 39,780,370
Allowance for Credit Losses	(621,244)	$ (601,256)	(602,443)	$ (569,039)	$ (578,049)	$ (560,228)
Total Mortgage and Other Loan Receivables, Net of Allowance for Credit Losses	51,671,539		39,177,927
Purchase-Credit Deteriorated Mortgage and Other Loan Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for Credit Losses	(70,900)		(91,700)
Commercial Mortgage Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Mortgage and Other Loan Receivables	24,892,488		21,861,245
Allowance for Credit Losses	(331,926)	(308,367)	(319,631)	(261,591)	(239,866)	(227,315)
Commercial Mortgage Loans | Commercial Mortgage Loan, Fair Value Option
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Mortgage and Other Loan Receivables	596,400		697,400
Total Mortgage and Other Loan Receivables, Net of Allowance for Credit Losses	665,100		785,200
Residential Mortgage Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Mortgage and Other Loan Receivables	21,166,505		12,722,778
Allowance for Credit Losses	(96,163)	$ (90,234)	(107,204)	$ (122,625)	$ (139,936)	$ (125,824)
Consumer Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Mortgage and Other Loan Receivables	4,808,296		4,424,882
Other Loan Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Mortgage and Other Loan Receivables	1,425,494		771,465
Other Loan Receivables | Renewable Energy Development Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Mortgage and Other Loan Receivables	501,800
Other Loan Receivables | Agricultural Mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Mortgage and Other Loan Receivables	411,600
Other Loan Receivables | Aircraft
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Mortgage and Other Loan Receivables	306,400		315,400
Other Loan Receivables | Residential Mortgage Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Mortgage and Other Loan Receivables	$ 200,000		$ 200,000

INVESTMENTS - Maturity of Resid

INVESTMENTS - Maturity of Residential and Commercial Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 52,292,783	$ 39,780,370
Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Remainder of 2024	955,237
2025	4,177,116
2026	7,870,115
2027	6,667,903
2028	1,778,820
2029	1,468,766
Thereafter	23,141,036
Total	46,058,993	34,584,023
Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Remainder of 2024	30,659
2025	13,247
2026	641,891
2027	694,995
2028	127,673
2029	11,855
Thereafter	19,646,185
Total	21,166,505	12,722,778
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Remainder of 2024	924,578
2025	4,163,869
2026	7,228,224
2027	5,972,908
2028	1,651,147
2029	1,456,911
Thereafter	3,494,851
Total	$ 24,892,488	$ 21,861,245

INVESTMENTS - Mortgage Loan Por

INVESTMENTS - Mortgage Loan Portfolio (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 52,292,783	$ 39,780,370
Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 46,058,993	$ 34,584,023
Financing receivable, before allowance for credit loss, to total, percent	100%	100%
Residential | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 21,166,505	$ 12,722,778
Financing receivable, before allowance for credit loss, to total, percent	46%	36.80%
Multi-family | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 12,816,018	$ 11,495,638
Financing receivable, before allowance for credit loss, to total, percent	27.80%	33.20%
Industrial | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 5,995,547	$ 4,415,819
Financing receivable, before allowance for credit loss, to total, percent	13%	12.80%
Office Building | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 4,362,688	$ 4,586,277
Financing receivable, before allowance for credit loss, to total, percent	9.50%	13.30%
Other Property Types | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 904,038	$ 578,799
Financing receivable, before allowance for credit loss, to total, percent	2%	1.70%
Retail | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 471,538	$ 493,596
Financing receivable, before allowance for credit loss, to total, percent	1%	1.40%
Warehouse | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 342,659	$ 291,116
Financing receivable, before allowance for credit loss, to total, percent	0.70%	0.80%
South Atlantic | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 12,745,571	$ 9,653,955
Financing receivable, before allowance for credit loss, to total, percent	27.70%	27.90%
Pacific | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 11,694,902	$ 8,649,256
Financing receivable, before allowance for credit loss, to total, percent	25.40%	25%
Middle Atlantic | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 5,521,793	$ 4,436,129
Financing receivable, before allowance for credit loss, to total, percent	12%	12.80%
West South Central | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 5,394,194	$ 4,202,501
Financing receivable, before allowance for credit loss, to total, percent	11.70%	12.20%
Mountain | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 4,143,364	$ 3,262,801
Financing receivable, before allowance for credit loss, to total, percent	9%	9.40%
New England | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 1,635,089	$ 1,470,741
Financing receivable, before allowance for credit loss, to total, percent	3.50%	4.30%
East North Central | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 1,512,154	$ 1,166,460
Financing receivable, before allowance for credit loss, to total, percent	3.30%	3.40%
East South Central | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 976,295	$ 731,053
Financing receivable, before allowance for credit loss, to total, percent	2.10%	2.10%
West North Central | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 466,544	$ 358,609
Financing receivable, before allowance for credit loss, to total, percent	1%	1%
Foreign and other regions | Residential And Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans	$ 1,969,087	$ 652,518
Financing receivable, before allowance for credit loss, to total, percent	4.30%	1.90%

INVESTMENTS - Receivables By Cr

INVESTMENTS - Receivables By Credit Quality Indicator (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Gross Charge-offs
Total	$ (81,753)	$ (44,168)	$ (265,703)	$ (131,538)
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Total	52,292,783		52,292,783		$ 39,780,370
Residential, Commercial, And Consumer Portfolio Segment
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	11,840,567		11,840,567		6,564,559
Year two	8,427,369		8,427,369		8,817,810
Year three	8,740,879		8,740,879		13,237,124
Year four	12,375,934		12,375,934		2,750,871
Year five	2,497,890		2,497,890		2,255,351
Prior	6,984,650		6,984,650		5,383,190
Total	50,867,289		50,867,289		39,008,905
Commercial Mortgage Loans
Gross Charge-offs
Year one			0		0
Year two			0		0
Year three			0		0
Year four			(80,798)		0
Year five			(10,695)		(14,000)
Prior			(51,598)		(7,616)
Total	(44,487)	0	(143,091)	(14,000)	(21,616)
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	3,785,908		3,785,908		3,600,652
Year two	3,577,384		3,577,384		6,278,419
Year three	6,277,362		6,277,362		6,815,362
Year four	6,566,608		6,566,608		661,316
Year five	621,858		621,858		1,395,717
Prior	4,063,368		4,063,368		3,109,779
Total	24,892,488		24,892,488		21,861,245
Residential Mortgage Loans
Gross Charge-offs
Year one			(15)		(6)
Year two			(7)		(1,228)
Year three			(1,308)		(2,244)
Year four			(2,565)		(913)
Year five			(524)		(1,412)
Prior			(697)		(2,373)
Total	(2,334)	$ (2,648)	(5,116)	$ (6,070)	(8,176)
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	7,504,130		7,504,130		2,849,017
Year two	4,338,507		4,338,507		2,031,510
Year three	1,972,011		1,972,011		4,638,183
Year four	4,294,341		4,294,341		1,375,239
Year five	1,268,677		1,268,677		237,681
Prior	1,788,839		1,788,839		1,591,148
Total	21,166,505		21,166,505		12,722,778
Consumer Loans
Gross Charge-offs
Year one			(421)		(185)
Year two			(4,128)		(18,117)
Year three			(17,095)		(83,147)
Year four			(57,920)		(23,273)
Year five			(15,160)		(15,740)
Prior			(22,582)		(19,783)
Total			(117,306)		(160,245)
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	550,529		550,529		114,890
Year two	511,478		511,478		507,881
Year three	491,506		491,506		1,783,579
Year four	1,514,985		1,514,985		714,316
Year five	607,355		607,355		621,953
Prior	1,132,443		1,132,443		682,263
Total	4,808,296		4,808,296		4,424,882
Current | Commercial Mortgage Loans
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	3,785,908		3,785,908		3,600,652
Year two	3,577,384		3,577,384		6,278,419
Year three	6,277,362		6,277,362		6,633,293
Year four	6,427,647		6,427,647		624,457
Year five	621,858		621,858		1,395,717
Prior	4,000,782		4,000,782		2,969,381
Total	24,690,941		24,690,941		21,501,919
Current | Residential Mortgage Loans
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	7,450,608		7,450,608		2,794,600
Year two	4,245,179		4,245,179		1,981,373
Year three	1,907,434		1,907,434		4,518,357
Year four	4,191,686		4,191,686		1,358,200
Year five	1,255,271		1,255,271		221,566
Prior	1,569,854		1,569,854		1,365,231
Total	20,620,032		20,620,032		12,239,327
Current | Consumer Loans
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	549,810		549,810		109,393
Year two	505,671		505,671		497,113
Year three	481,100		481,100		1,726,280
Year four	1,469,991		1,469,991		701,655
Year five	598,206		598,206		610,988
Prior	1,101,452		1,101,452		656,270
Total	4,706,230		4,706,230		4,301,699
30 to 59 Days Past Due | Commercial Mortgage Loans
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	0		0		0
Year two	0		0		0
Year three	0		0		0
Year four	0		0		0
Year five	0		0		0
Prior	0		0		0
Total	0		0		0
30 to 59 Days Past Due | Residential Mortgage Loans
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	39,953		39,953		43,432
Year two	54,281		54,281		22,291
Year three	36,798		36,798		37,082
Year four	33,144		33,144		3,554
Year five	4,314		4,314		5,461
Prior	79,418		79,418		84,079
Total	247,908		247,908		195,899
30 to 59 Days Past Due | Consumer Loans
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	449		449		1,707
Year two	2,436		2,436		4,229
Year three	5,072		5,072		28,966
Year four	23,537		23,537		5,082
Year five	4,145		4,145		4,497
Prior	15,623		15,623		12,686
Total	51,262		51,262		57,167
60 to 89 Days Past Due | Commercial Mortgage Loans
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	0		0		0
Year two	0		0		0
Year three	0		0		0
Year four	0		0		0
Year five	0		0		0
Prior	62,586		62,586		79,635
Total	62,586		62,586		79,635
60 to 89 Days Past Due | Residential Mortgage Loans
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	10,834		10,834		8,467
Year two	15,298		15,298		8,520
Year three	6,204		6,204		9,991
Year four	8,513		8,513		1,437
Year five	1,238		1,238		1,389
Prior	26,644		26,644		26,565
Total	68,731		68,731		56,369
60 to 89 Days Past Due | Consumer Loans
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	98		98		1,193
Year two	1,089		1,089		2,548
Year three	2,267		2,267		14,872
Year four	11,435		11,435		3,298
Year five	2,105		2,105		2,561
Prior	8,147		8,147		6,756
Total	25,141		25,141		31,228
90 days or More Past Due or in Process of Foreclosure | Commercial Mortgage Loans
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	0		0		0
Year two	0		0		0
Year three	0		0		182,069
Year four	138,961		138,961		36,859
Year five	0		0		0
Prior	0		0		60,763
Total	138,961		138,961		279,691
90 days or More Past Due or in Process of Foreclosure | Residential Mortgage Loans
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	2,735		2,735		2,518
Year two	23,749		23,749		19,326
Year three	21,575		21,575		72,753
Year four	60,998		60,998		12,048
Year five	7,854		7,854		9,265
Prior	112,923		112,923		115,273
Total	229,834		229,834		231,183
90 days or More Past Due or in Process of Foreclosure | Consumer Loans
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	172		172		2,597
Year two	2,282		2,282		3,991
Year three	3,067		3,067		13,461
Year four	10,022		10,022		4,281
Year five	2,899		2,899		3,907
Prior	7,221		7,221		6,551
Total	$ 25,663		$ 25,663		$ 34,788

INVESTMENTS - Loan-To-Value (De

INVESTMENTS - Loan-To-Value (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 52,292,783	$ 39,780,370
Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one	3,785,908	3,600,652
Year two	3,577,384	6,278,419
Year three	6,277,362	6,815,362
Year four	6,566,608	661,316
Year five	621,858	1,395,717
Year six	1,259,868	1,049,249
Prior	2,803,500	2,060,530
Total	24,892,488	21,861,245
Carrying Value Loan-to-value 70% and Less | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one	3,587,487	3,600,652
Year two	3,577,384	5,912,623
Year three	5,853,372	5,110,011
Year four	4,732,051	496,085
Year five	494,698	1,257,983
Year six	1,166,505	881,620
Prior	2,605,402	1,991,780
Total	22,016,899	19,250,754
Carrying Value Loan-to-value 71% - 90% | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one	198,421	0
Year two	0	365,796
Year three	365,940	1,483,763
Year four	1,552,684	93,210
Year five	91,956	93,661
Year six	54,667	52,640
Prior	53,654	0
Total	2,317,322	2,089,070
Carrying Value Loan-to-value Over 90% | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one	0	0
Year two	0	0
Year three	58,050	221,588
Year four	281,873	72,021
Year five	35,204	44,073
Year six	38,696	114,989
Prior	144,444	68,750
Total	$ 558,267	$ 521,421

INVESTMENTS - Loan Modification

INVESTMENTS - Loan Modifications (Details) - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	$ 274,787	$ 320,628	$ 545,774
Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			520,190
30 to 59 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			15,278
60 to 89 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			5,938
90 days or More Past Due or in Process of Foreclosure
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			4,368
Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	$ 184,085	$ 224,761	438,749
Percentage of Total Carrying Value Outstanding	0.74%	1.10%
Commercial | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			438,749
Commercial | 30 to 59 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			0
Commercial | 60 to 89 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			0
Commercial | 90 days or More Past Due or in Process of Foreclosure
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			0
Residential
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	$ 14,970	$ 28,335	20,086
Percentage of Total Carrying Value Outstanding	0.07%	0.24%
Residential | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			16,253
Residential | 30 to 59 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			1,938
Residential | 60 to 89 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			322
Residential | 90 days or More Past Due or in Process of Foreclosure
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			1,573
Consumer Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	$ 75,732	$ 67,532	86,939
Percentage of Total Carrying Value Outstanding	1.58%	1.46%
Consumer Loans | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			65,188
Consumer Loans | 30 to 59 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			13,340
Consumer Loans | 60 to 89 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			5,616
Consumer Loans | 90 days or More Past Due or in Process of Foreclosure
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty			$ 2,795
Deferral of Amounts Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	$ 6,222	$ 7,156
Deferral of Amounts Due | Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	0	0
Deferral of Amounts Due | Residential
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	4,061	1,161
Deferral of Amounts Due | Consumer Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	2,161	5,995
Interest Rate Relief
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	778	3,802
Interest Rate Relief | Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	0	0
Interest Rate Relief | Residential
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	0	1,204
Interest Rate Relief | Consumer Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	778	2,598
Maturity Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	27,268	67,575
Maturity Extension | Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	0	0
Maturity Extension | Residential
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	0	22,764
Maturity Extension | Consumer Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	27,268	44,811
Combination
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	240,519	242,095
Combination | Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	184,085	224,761
Combination | Residential
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	10,909	3,206
Combination | Consumer Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Carrying value of loans to borrowers experiencing financial difficulty	$ 45,525	$ 14,128

INVESTMENTS - Other Investments

INVESTMENTS - Other Investments (Details) - Insurance - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Schedule of Investments [Line Items]
Other investments	$ 14,597,929	$ 9,683,326
Investments in Real Estate
Schedule of Investments [Line Items]
Other investments	7,923,039	4,778,431
Investments in Transportation and Other Leased Assets
Schedule of Investments [Line Items]
Other investments	3,083,593	2,972,469
Accumulated depreciation	402,200	313,600
Other Investment Funds and Partnerships
Schedule of Investments [Line Items]
Other investments	1,875,370	179,469
Investments in Renewable Energy
Schedule of Investments [Line Items]
Other investments	1,331,910	1,348,080
Accumulated depreciation	182,200	154,100
Federal Home Loan Bank (FHLB), Common Stock and Other Investments
Schedule of Investments [Line Items]
Other investments	$ 384,017	$ 404,877

INVESTMENTS - Repurchase Agreem

INVESTMENTS - Repurchase Agreements (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Schedule of Investments [Line Items]
Total	$ 210,636	$ 1,413,068
AFS Corporate Securities
Schedule of Investments [Line Items]
Total	0	1,373,779
Residential Mortgage Loans
Schedule of Investments [Line Items]
Total	210,636	39,289
Overnight
Schedule of Investments [Line Items]
Total	0	0
Overnight | AFS Corporate Securities
Schedule of Investments [Line Items]
Total	0	0
Overnight | Residential Mortgage Loans
Schedule of Investments [Line Items]
Total	0	0
Less than 30 Days
Schedule of Investments [Line Items]
Total	2,374	39,289
Less than 30 Days | AFS Corporate Securities
Schedule of Investments [Line Items]
Total	0	0
Less than 30 Days | Residential Mortgage Loans
Schedule of Investments [Line Items]
Total	2,374	39,289
30 - 90 Days
Schedule of Investments [Line Items]
Total	80,199	524,411
30 - 90 Days | AFS Corporate Securities
Schedule of Investments [Line Items]
Total	0	524,411
30 - 90 Days | Residential Mortgage Loans
Schedule of Investments [Line Items]
Total	80,199	0
Greater than 90 Days
Schedule of Investments [Line Items]
Total	128,063	849,368
Greater than 90 Days | AFS Corporate Securities
Schedule of Investments [Line Items]
Total	0	849,368
Greater than 90 Days | Residential Mortgage Loans
Schedule of Investments [Line Items]
Total	$ 128,063	$ 0

DERIVATIVES - Narrative (Detail

DERIVATIVES - Narrative (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Restricted cash held with open derivative transactions with exchange brokers	$ 174.7	$ 133
Gain (loss) on net investment hedges	(13.4)
Bond Forward
Derivative Instruments and Hedging Activities Disclosures [Line Items]
AOCI loss on cash flow hedges	(109.1)	$ (126.9)
Interest Rate Swap
Derivative Instruments and Hedging Activities Disclosures [Line Items]
AOCI loss on cash flow hedges	$ 12.1

DERIVATIVES - Derivative Assets

DERIVATIVES - Derivative Assets and Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	$ 102,595,257	$ 84,622,876
Derivative Assets
Fair value included within total assets and liabilities, derivative asset	269,206	315,107
Derivative Liabilities
Fair value included within total assets and liabilities, derivative liabilities	771,161	590,187
Asset Management and Strategic Holdings
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	18,095,255	16,146,067
Derivative Assets
Gross Amount Recognized	183,131	269,413
Derivative Liabilities
Gross Amount Recognized	579,535	443,990
Asset Management and Strategic Holdings | Foreign Currency Contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	17,514,755	15,771,463
Derivative Assets
Gross Amount Recognized	180,689	264,621
Derivative Liabilities
Gross Amount Recognized	575,940	441,608
Asset Management and Strategic Holdings | Other Derivatives
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	580,500	374,604
Derivative Assets
Gross Amount Recognized	2,442	4,792
Derivative Liabilities
Gross Amount Recognized	3,595	2,382
Insurance
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	84,500,002	68,476,809
Derivative Assets
Gross Amount Recognized	2,426,587	1,855,023
Impact of Netting	(2,340,512)	(1,809,329)
Net Amounts Presented in the Statements of Financial Condition	86,075	45,694
Derivative Liabilities
Gross Amount Recognized	979,740	1,057,277
Impact of Netting	(788,114)	(911,080)
Net Amounts Presented in the Statements of Financial Condition	191,626	146,197
Insurance | Assets
Derivative Liabilities
Fair value of embedded derivatives, net	95,300	88,700
Insurance | Liability
Derivative Liabilities
Fair value of embedded derivatives, net	4,200,000	1,600,000
Insurance | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	15,289,807	9,622,835
Derivative Assets
Gross Amount Recognized	61,547	24,278
Derivative Liabilities
Gross Amount Recognized	374,202	445,690
Insurance | Derivatives Not Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	69,210,195	58,853,974
Derivative Assets
Gross Amount Recognized	2,365,040	1,830,745
Derivative Liabilities
Gross Amount Recognized	605,538	611,587
Insurance | Foreign Currency Contracts | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	2,474,065	2,302,335
Derivative Assets
Gross Amount Recognized	7,805	24,278
Derivative Liabilities
Gross Amount Recognized	82,336	73,478
Insurance | Foreign Currency Contracts | Derivatives Not Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	2,795,486	1,331,345
Derivative Assets
Gross Amount Recognized	80,328	65,803
Derivative Liabilities
Gross Amount Recognized	154,179	56,616
Insurance | Interest Rate Contracts | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	12,815,742	7,320,500
Derivative Assets
Gross Amount Recognized	53,742	0
Derivative Liabilities
Gross Amount Recognized	291,866	372,212
Insurance | Interest Rate Contracts | Derivatives Not Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	29,981,843	22,259,423
Derivative Assets
Gross Amount Recognized	248,933	284,067
Derivative Liabilities
Gross Amount Recognized	258,875	306,244
Insurance | Equity Market Contracts | Derivatives Not Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	36,371,795	35,203,206
Derivative Assets
Gross Amount Recognized	2,035,779	1,480,875
Derivative Liabilities
Gross Amount Recognized	183,989	248,127
Insurance | Other Contracts | Derivatives Not Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Value	61,071	60,000
Derivative Assets
Gross Amount Recognized	0	0
Derivative Liabilities
Gross Amount Recognized	$ 8,495	$ 600

DERIVATIVES - Carrying Value of

DERIVATIVES - Carrying Value of Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Fair value hedge adjustments on discontinued hedges	$ 16,900	$ 27,800
Debt
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Carrying amount of hedged liabilities	(2,413,581)	(1,608,294)
Cumulative amount of fair value hedging adjustments included in the carrying amount of hedged assets/(liabilities)	(98,292)	(165,817)
Policy Liabilities
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Carrying amount of hedged liabilities	(4,504,481)	(4,380,048)
Cumulative amount of fair value hedging adjustments included in the carrying amount of hedged assets/(liabilities)	(154,561)	(255,308)
AFS Fixed Maturity Securities
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Carrying amount of hedged assets	2,249,047	2,324,364
Cumulative amount of fair value hedging adjustments included in the carrying amount of hedged assets/(liabilities)	$ 33,784	$ 80,210

DERIVATIVES - Financial Stateme

DERIVATIVES - Financial Statement Classification (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on net investment hedges			$ (13,400)
Net Gains (Losses) from Investment Activities	$ 1,314,626	$ 1,468,209	2,345,455	$ 1,878,885
Insurance
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Net (Losses) Gains on Derivative Instruments	(877,533)	314,380	(451,747)	44,399
Derivatives Not Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
AOCI (loss) gain on cash flow hedges	90,851	(160,289)	25,426	(120,188)
Derivative gains (losses)	(458,540)	177,955	(184,016)	166,482
Derivatives Not Designated as Hedge Accounting Instruments: | Asset Management and Strategic Holdings
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Net (Losses) Gains on Derivative Instruments	(458,540)	177,955	(184,016)	166,482
Derivatives Not Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative gains (losses)	(877,533)	314,380	(451,747)	44,399
Derivatives Not Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses) | Insurance
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative gains (losses)	(876,887)	306,455	(465,329)	21,819
Derivatives Not Designated as Hedge Accounting Instruments: | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative gains (losses)	(2,127)	0	(1,852)	0
Fair Value Hedges | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
AOCI impact of fair value hedges	15,275	318	8,857	3,201
AOCI impact of total gains (losses) on fair value hedges, net of hedged items	15,275	318	8,857	3,201
Fair Value Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on derivatives designated as hedge instruments	(91,222)	70,209	(34,237)	15,309
Gains (losses) on hedged items	88,474	(69,155)	33,784	(13,118)
Amortization for gains (losses) excluded from assessment of effectiveness	1,321	7,150	14,035	21,205
Total Gains (Losses) on Fair Value Hedges, Net of Hedged Items	(1,427)	8,204	13,582	23,396
Fair Value Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on derivatives designated as hedge instruments	683	0	2,678	0
Total Gains (Losses) on Fair Value Hedges, Net of Hedged Items	683	0	2,678	0
Fair Value Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Policy Benefits and Claims
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on derivatives designated as hedge instruments	55,641	(68,477)	(28,122)	(119,815)
Gains (losses) on hedged items	(55,641)	68,477	28,122	119,815
Fair Value Hedges | Derivatives Designated as Hedge Accounting Instruments: | Interest Expense
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on derivatives designated as hedge instruments	96,672	(57,764)	14,469	(78,152)
Gains (losses) on hedged items	(96,672)	57,764	(14,469)	78,152
Cash Flow Hedges | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
AOCI (loss) gain on cash flow hedges	79,725	(160,607)	29,971	(123,389)
Cash Flow Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Cumulative loss on the settlement bond forward derivative hedge instrument	887	(279)	0	(816)
Cash Flow Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Cumulative loss on the settlement bond forward derivative hedge instrument	(3,215)	0	(4,935)	0
Net Investment Hedges | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
AOCI (loss) gain on cash flow hedges	(4,149)		(13,402)
Net Investment Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on net investment hedges	(106)		0
Net Investment Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on net investment hedges	405		405
Interest Rate Contracts | Derivatives Not Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses) | Insurance
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative gains (losses)	324,733	(297,107)	(42,280)	(392,876)
Interest Rate Contracts | Fair Value Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Policy Benefits and Claims
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on derivatives designated as hedge instruments	55,641	(68,477)	(28,122)	(119,815)
Gains (losses) on hedged items	(55,641)	68,477	28,122	119,815
Interest Rate Contracts | Fair Value Hedges | Derivatives Designated as Hedge Accounting Instruments: | Interest Expense
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on derivatives designated as hedge instruments	96,672	(57,764)	14,469	(78,152)
Gains (losses) on hedged items	(96,672)	57,764	(14,469)	78,152
Interest Rate Contracts | Cash Flow Hedges | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
AOCI (loss) gain on cash flow hedges	79,725	(160,607)	29,971	(123,389)
Interest Rate Contracts | Cash Flow Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Cumulative loss on the settlement bond forward derivative hedge instrument	887	(279)	0	(816)
Interest Rate Contracts | Cash Flow Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Cumulative loss on the settlement bond forward derivative hedge instrument	(3,215)	0	(4,935)	0
Foreign Exchange Contracts and Options | Derivatives Not Designated as Hedge Accounting Instruments: | Asset Management and Strategic Holdings
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Net Gains (Losses) from Investment Activities	(439,183)	166,539	(165,930)	135,207
Foreign Exchange Contracts and Options | Fair Value Hedges | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
AOCI impact of fair value hedges	15,275	318	8,857	3,201
Foreign Exchange Contracts and Options | Fair Value Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on derivatives designated as hedge instruments	(91,222)	70,209	(34,237)	15,309
Gains (losses) on hedged items	88,474	(69,155)	33,784	(13,118)
Amortization for gains (losses) excluded from assessment of effectiveness	1,321	7,150	14,035	21,205
Foreign Exchange Contracts and Options | Fair Value Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on derivatives designated as hedge instruments	683	0	2,678	0
Other Derivatives | Derivatives Not Designated as Hedge Accounting Instruments: | Asset Management and Strategic Holdings
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Net Gains (Losses) from Investment Activities	(19,357)	11,416	(18,086)	31,275
Gain (Loss) On Derivatives | Net Investment Hedges | Derivatives Designated as Hedge Accounting Instruments:
Derivative Instruments and Hedging Activities Disclosures [Line Items]
AOCI (loss) gain on cash flow hedges	(4,149)		(13,402)
Gain (Loss) On Derivatives | Net Investment Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on net investment hedges	(106)		0
Gain (Loss) On Derivatives | Net Investment Hedges | Derivatives Designated as Hedge Accounting Instruments: | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) on net investment hedges	405		405
Embedded Derivatives - Funds Withheld Receivable | Derivatives Not Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses) | Insurance
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative gains (losses)	(19,012)	75,929	6,592	59,311
Embedded Derivatives - Funds Withheld Payable | Derivatives Not Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses) | Insurance
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative gains (losses)	(1,305,338)	666,599	(852,165)	269,206
Equity Index Options | Derivatives Not Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses) | Insurance
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative gains (losses)	231,926	(191,382)	580,358	123,107
Equity Future Contracts | Derivatives Not Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses) | Insurance
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative gains (losses)	(25,426)	52,484	(96,312)	(36,724)
Foreign Exchange and Other Derivative Contracts | Derivatives Not Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses) | Insurance
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative gains (losses)	$ (83,770)		$ (61,522)
Other | Derivatives Not Designated as Hedge Accounting Instruments: | Net Investment-Related Gains (Losses) | Insurance
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative gains (losses)		$ (68)		$ (205)

DERIVATIVES - Offsetting Assets

DERIVATIVES - Offsetting Assets and Liabilities (Details) - Insurance - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Derivative Assets (Excluding Embedded Derivatives)
Gross Amount Recognized	$ 2,426,587	$ 1,855,023
Gross Amounts Offset in the Statements of Financial Position	(2,340,512)	(1,809,329)
Net Amounts Presented in the Statements of Financial Condition	86,075	45,694
Collateral (Received) / Pledged	(128,902)	(45,095)
Net Amount after Collateral	(42,827)	599
Derivative Liabilities (Excluding Embedded Derivatives)
Gross Amount Recognized	979,740	1,057,277
Gross Amounts Offset in the Statements of Financial Position	(788,114)	(911,080)
Net Amounts Presented in the Statements of Financial Condition	191,626	146,197
Collateral (Received) / Pledged	229,388	167,973
Net Amount after Collateral	$ (37,762)	$ (21,776)

FAIR VALUE MEASUREMENTS - Asset

FAIR VALUE MEASUREMENTS - Assets and Liabilities at Fair Value (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Assets, at fair value:
AFS Fixed Maturity Securities	$ 77,596,235	$ 69,414,188
Separate Account Assets	4,134,173	4,107,000
Liabilities, at fair value
Embedded Derivative	5,800,000	4,000,000
Market Risk Benefit Liability	1,115,874	1,120,968
U.S. Government and Agencies
Assets, at fair value:
AFS Fixed Maturity Securities	2,702,840	1,203,092
U.S. State, Municipal and Political Subdivisions
Assets, at fair value:
AFS Fixed Maturity Securities	4,147,757	4,607,392
Corporate
Assets, at fair value:
AFS Fixed Maturity Securities	42,406,613	39,948,756
Asset Management and Strategic Holdings
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	3,595	2,382
Insurance
Assets, at fair value:
Other Investments	14,597,929	9,683,326
Reinsurance Recoverable	46,386,313	36,617,344
Impact of Netting	(2,340,512)	(1,809,329)
Separate Account Assets	4,134,173	4,107,000
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	191,626	146,197
Funds Withheld Payable at Interest	1,164,153	1,423,242
Impact of Netting	(788,114)	(911,080)
Market Risk Benefit Liability	1,115,874	1,120,968
Level III | Asset Management and Strategic Holdings
Liabilities, at fair value
Unfunded Revolver Commitments	103,926
Level III | Insurance
Assets, at fair value:
Reinsurance Recoverable	955,341
Liabilities, at fair value
Policy Liabilities (Including Market Risk Benefits)	1,429,471
Closed Block Policy Liabilities	1,000,749
Level III | Insurance | Interest Sensitive Life
Liabilities, at fair value
Embedded Derivative	512,474
Level III | Insurance | Fixed-Indexed Annuity
Liabilities, at fair value
Embedded Derivative	5,244,375
Level III | Insurance | Corporate
Assets, at fair value:
Trading Fixed Maturity Securities	10,004,068
Level III | Insurance | Structured Securities
Assets, at fair value:
Trading Fixed Maturity Securities	2,830,057
Fair Value Measured on Recurring Basis
Assets, at fair value:
Total Financial Assets	204,081,692	184,176,005
Liabilities, at fair value
Total Liabilities at Fair Value	33,762,824	30,152,304
Fair Value Measured on Recurring Basis | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	87,982,524	84,876,654
Total Financial Assets	88,165,655	85,146,067
Liabilities, at fair value
Securities Sold Short	106,708	149,136
Unfunded Revolver Commitments	103,926	94,683
Total Liabilities at Fair Value	26,979,267	25,964,213
Fair Value Measured on Recurring Basis | Asset Management and Strategic Holdings | Debt Obligations of Consolidated CFEs
Liabilities, at fair value
Debt Obligations of Consolidated CFEs	26,189,098	25,276,404
Fair Value Measured on Recurring Basis | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	86,075	45,694
AFS Fixed Maturity Securities	77,596,235	69,414,188
Trading Fixed Maturity Securities	24,152,244	18,805,470
Equity Securities	194,517	19,737
Mortgage and Other Loan Receivables	596,375	697,402
Other Investments	8,105,824	4,925,751
Funds Withheld Receivable at Interest	95,253	88,661
Reinsurance Recoverable	955,341	926,035
Impact of Netting	(2,340,512)	(1,809,329)
Separate Account Assets	4,134,173	4,107,000
Total Financial Assets	115,916,037	99,029,938
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	191,626	146,197
Policy Liabilities (Including Market Risk Benefits)	1,429,471	1,474,970
Closed Block Policy Liabilities	1,000,749	968,554
Funds Withheld Payable at Interest	(1,595,138)	(2,447,303)
Impact of Netting	(788,114)	(911,080)
Total Liabilities at Fair Value	6,783,557	4,188,091
Fair Value Measured on Recurring Basis | Insurance | Interest Sensitive Life
Liabilities, at fair value
Embedded Derivative	512,474	458,302
Fair Value Measured on Recurring Basis | Insurance | Fixed-Indexed Annuity
Liabilities, at fair value
Embedded Derivative	5,244,375	3,587,371
Fair Value Measured on Recurring Basis | Insurance | U.S. Government and Agencies
Assets, at fair value:
AFS Fixed Maturity Securities	2,702,840	1,203,092
Trading Fixed Maturity Securities	3,253,186	2,518,113
Fair Value Measured on Recurring Basis | Insurance | U.S. State, Municipal and Political Subdivisions
Assets, at fair value:
AFS Fixed Maturity Securities	4,147,757	4,607,392
Trading Fixed Maturity Securities	445,914	1,223,946
Fair Value Measured on Recurring Basis | Insurance | Corporate
Assets, at fair value:
AFS Fixed Maturity Securities	42,406,613	39,948,756
Trading Fixed Maturity Securities	13,286,314	10,472,832
Fair Value Measured on Recurring Basis | Insurance | Structured Securities
Assets, at fair value:
AFS Fixed Maturity Securities	28,339,025	23,654,948
Trading Fixed Maturity Securities	7,166,830	4,590,579
Fair Value Measured on Recurring Basis | Foreign Exchange Contracts and Options | Asset Management and Strategic Holdings
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	180,689	264,621
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	575,940	441,608
Fair Value Measured on Recurring Basis | Other Derivatives | Asset Management and Strategic Holdings
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	2,442	4,792
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	3,595	2,382
Fair Value Measured on Recurring Basis | Equity Market Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	2,035,779	1,480,875
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	183,989	248,127
Fair Value Measured on Recurring Basis | Interest Rate Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	302,675	284,067
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	550,741	678,456
Fair Value Measured on Recurring Basis | Foreign Currency Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	88,133	90,081
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	236,515	130,094
Fair Value Measured on Recurring Basis | Other Contracts | Insurance
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	8,495	600
Fair Value Measured on Recurring Basis | Private Equity | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	34,408,460	32,742,484
Fair Value Measured on Recurring Basis | Credit | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	7,576,289	8,274,904
Fair Value Measured on Recurring Basis | Investments of Consolidated CFEs | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	25,862,833	24,996,298
Fair Value Measured on Recurring Basis | Real Assets | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	13,215,039	12,000,008
Fair Value Measured on Recurring Basis | Equity Method - Other | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	1,901,793	2,283,588
Fair Value Measured on Recurring Basis | Other Investments | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	5,018,110	4,579,372
Fair Value Measured on Recurring Basis | Level I
Assets, at fair value:
Total Financial Assets	6,480,629	10,903,084
Liabilities, at fair value
Total Liabilities at Fair Value	110,068	150,776
Fair Value Measured on Recurring Basis | Level I | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	1,814,577	3,357,633
Total Financial Assets	1,814,577	3,357,633
Liabilities, at fair value
Securities Sold Short	106,708	149,136
Unfunded Revolver Commitments	0	0
Total Liabilities at Fair Value	106,717	149,279
Fair Value Measured on Recurring Basis | Level I | Asset Management and Strategic Holdings | Debt Obligations of Consolidated CFEs
Liabilities, at fair value
Debt Obligations of Consolidated CFEs	0	0
Fair Value Measured on Recurring Basis | Level I | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	68	(2,379)
AFS Fixed Maturity Securities	167,809	1,082,421
Trading Fixed Maturity Securities	185,258	2,354,194
Equity Securities	178,744	4,215
Mortgage and Other Loan Receivables	0	0
Other Investments	0	0
Funds Withheld Receivable at Interest	0	0
Reinsurance Recoverable	0	0
Impact of Netting	(2,509)	(23,522)
Separate Account Assets	4,134,173	4,107,000
Total Financial Assets	4,666,052	7,545,451
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	3,351	1,497
Policy Liabilities (Including Market Risk Benefits)	0	0
Closed Block Policy Liabilities	0	0
Funds Withheld Payable at Interest	0	0
Impact of Netting	(2,509)	(23,522)
Total Liabilities at Fair Value	3,351	1,497
Fair Value Measured on Recurring Basis | Level I | Insurance | Interest Sensitive Life
Liabilities, at fair value
Embedded Derivative	0	0
Fair Value Measured on Recurring Basis | Level I | Insurance | Fixed-Indexed Annuity
Liabilities, at fair value
Embedded Derivative	0	0
Fair Value Measured on Recurring Basis | Level I | Insurance | U.S. Government and Agencies
Assets, at fair value:
AFS Fixed Maturity Securities	167,809	1,082,421
Trading Fixed Maturity Securities	185,258	2,354,194
Fair Value Measured on Recurring Basis | Level I | Insurance | U.S. State, Municipal and Political Subdivisions
Assets, at fair value:
AFS Fixed Maturity Securities	0	0
Trading Fixed Maturity Securities	0	0
Fair Value Measured on Recurring Basis | Level I | Insurance | Corporate
Assets, at fair value:
AFS Fixed Maturity Securities	0	0
Trading Fixed Maturity Securities	0	0
Fair Value Measured on Recurring Basis | Level I | Insurance | Structured Securities
Assets, at fair value:
AFS Fixed Maturity Securities	0	0
Trading Fixed Maturity Securities	0	0
Fair Value Measured on Recurring Basis | Level I | Foreign Exchange Contracts and Options | Asset Management and Strategic Holdings
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	0	0
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	0
Fair Value Measured on Recurring Basis | Level I | Other Derivatives | Asset Management and Strategic Holdings
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	0	0
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	9	143
Fair Value Measured on Recurring Basis | Level I | Equity Market Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	2,165	1,669
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	5,435	7,088
Fair Value Measured on Recurring Basis | Level I | Interest Rate Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	412	19,474
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	425	17,931
Fair Value Measured on Recurring Basis | Level I | Foreign Currency Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	0	0
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	0
Fair Value Measured on Recurring Basis | Level I | Other Contracts | Insurance
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	0
Fair Value Measured on Recurring Basis | Level I | Private Equity | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	764,489	1,762,257
Fair Value Measured on Recurring Basis | Level I | Credit | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	355,948	281,626
Fair Value Measured on Recurring Basis | Level I | Investments of Consolidated CFEs | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	0	0
Fair Value Measured on Recurring Basis | Level I | Real Assets | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	327,776	676,808
Fair Value Measured on Recurring Basis | Level I | Equity Method - Other | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	195,341	418,791
Fair Value Measured on Recurring Basis | Level I | Other Investments | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	171,023	218,151
Fair Value Measured on Recurring Basis | Level II
Assets, at fair value:
Total Financial Assets	118,390,500	101,494,533
Liabilities, at fair value
Total Liabilities at Fair Value	26,956,899	25,864,951
Fair Value Measured on Recurring Basis | Level II | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	29,560,075	28,045,168
Total Financial Assets	29,743,206	28,314,581
Liabilities, at fair value
Securities Sold Short	0	0
Unfunded Revolver Commitments	0	0
Total Liabilities at Fair Value	26,768,624	25,720,251
Fair Value Measured on Recurring Basis | Level II | Asset Management and Strategic Holdings | Debt Obligations of Consolidated CFEs
Liabilities, at fair value
Debt Obligations of Consolidated CFEs	26,189,098	25,276,404
Fair Value Measured on Recurring Basis | Level II | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	86,007	48,073
AFS Fixed Maturity Securities	66,145,021	57,930,764
Trading Fixed Maturity Securities	22,416,266	15,201,115
Equity Securities	0	0
Mortgage and Other Loan Receivables	0	0
Other Investments	0	0
Funds Withheld Receivable at Interest	0	0
Reinsurance Recoverable	0	0
Impact of Netting	(2,338,003)	(1,785,807)
Separate Account Assets	0	0
Total Financial Assets	88,647,294	73,179,952
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	188,275	144,700
Policy Liabilities (Including Market Risk Benefits)	0	0
Closed Block Policy Liabilities	0	0
Funds Withheld Payable at Interest	0	0
Impact of Netting	(785,605)	(887,558)
Total Liabilities at Fair Value	188,275	144,700
Fair Value Measured on Recurring Basis | Level II | Insurance | Interest Sensitive Life
Liabilities, at fair value
Embedded Derivative	0	0
Fair Value Measured on Recurring Basis | Level II | Insurance | Fixed-Indexed Annuity
Liabilities, at fair value
Embedded Derivative	0	0
Fair Value Measured on Recurring Basis | Level II | Insurance | U.S. Government and Agencies
Assets, at fair value:
AFS Fixed Maturity Securities	2,535,031	120,671
Trading Fixed Maturity Securities	3,067,928	163,919
Fair Value Measured on Recurring Basis | Level II | Insurance | U.S. State, Municipal and Political Subdivisions
Assets, at fair value:
AFS Fixed Maturity Securities	4,147,757	4,607,392
Trading Fixed Maturity Securities	445,914	1,223,946
Fair Value Measured on Recurring Basis | Level II | Insurance | Corporate
Assets, at fair value:
AFS Fixed Maturity Securities	33,364,539	31,377,753
Trading Fixed Maturity Securities	12,324,320	9,815,909
Fair Value Measured on Recurring Basis | Level II | Insurance | Structured Securities
Assets, at fair value:
AFS Fixed Maturity Securities	26,097,694	21,824,948
Trading Fixed Maturity Securities	6,578,104	3,997,341
Fair Value Measured on Recurring Basis | Level II | Foreign Exchange Contracts and Options | Asset Management and Strategic Holdings
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	180,689	264,621
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	575,940	441,608
Fair Value Measured on Recurring Basis | Level II | Other Derivatives | Asset Management and Strategic Holdings
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	2,442	4,792
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	3,586	2,239
Fair Value Measured on Recurring Basis | Level II | Equity Market Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	2,033,614	1,479,206
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	178,554	241,039
Fair Value Measured on Recurring Basis | Level II | Interest Rate Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	302,263	264,593
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	550,316	660,525
Fair Value Measured on Recurring Basis | Level II | Foreign Currency Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	88,133	90,081
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	236,515	130,094
Fair Value Measured on Recurring Basis | Level II | Other Contracts | Insurance
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	8,495	600
Fair Value Measured on Recurring Basis | Level II | Private Equity | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	665,306	58,653
Fair Value Measured on Recurring Basis | Level II | Credit | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	2,562,148	2,540,362
Fair Value Measured on Recurring Basis | Level II | Investments of Consolidated CFEs | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	25,862,833	24,996,298
Fair Value Measured on Recurring Basis | Level II | Real Assets | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	146,821	27,567
Fair Value Measured on Recurring Basis | Level II | Equity Method - Other | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	281,216	326,835
Fair Value Measured on Recurring Basis | Level II | Other Investments | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	41,751	95,453
Fair Value Measured on Recurring Basis | Level III
Assets, at fair value:
Total Financial Assets	79,210,563	71,778,388
Liabilities, at fair value
Total Liabilities at Fair Value	6,695,857	4,136,577
Fair Value Measured on Recurring Basis | Level III | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	56,607,872	53,473,853
Total Financial Assets	56,607,872	53,473,853
Liabilities, at fair value
Securities Sold Short	0	0
Unfunded Revolver Commitments	103,926	94,683
Total Liabilities at Fair Value	103,926	94,683
Fair Value Measured on Recurring Basis | Level III | Asset Management and Strategic Holdings | Debt Obligations of Consolidated CFEs
Liabilities, at fair value
Debt Obligations of Consolidated CFEs	0	0
Fair Value Measured on Recurring Basis | Level III | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	0	0
AFS Fixed Maturity Securities	11,283,405	10,401,003
Trading Fixed Maturity Securities	1,550,720	1,250,161
Equity Securities	15,773	15,522
Mortgage and Other Loan Receivables	596,375	697,402
Other Investments	8,105,824	4,925,751
Funds Withheld Receivable at Interest	95,253	88,661
Reinsurance Recoverable	955,341	926,035
Impact of Netting	0	0
Separate Account Assets	0	0
Total Financial Assets	22,602,691	18,304,535
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	0
Policy Liabilities (Including Market Risk Benefits)	1,429,471	1,474,970
Closed Block Policy Liabilities	1,000,749	968,554
Funds Withheld Payable at Interest	(1,595,138)	(2,447,303)
Impact of Netting	0	0
Total Liabilities at Fair Value	6,591,931	4,041,894
Fair Value Measured on Recurring Basis | Level III | Insurance | Interest Sensitive Life
Liabilities, at fair value
Embedded Derivative	512,474	458,302
Fair Value Measured on Recurring Basis | Level III | Insurance | Fixed-Indexed Annuity
Liabilities, at fair value
Embedded Derivative	5,244,375	3,587,371
Fair Value Measured on Recurring Basis | Level III | Insurance | U.S. Government and Agencies
Assets, at fair value:
AFS Fixed Maturity Securities	0	0
Trading Fixed Maturity Securities	0	0
Fair Value Measured on Recurring Basis | Level III | Insurance | U.S. State, Municipal and Political Subdivisions
Assets, at fair value:
AFS Fixed Maturity Securities	0	0
Trading Fixed Maturity Securities	0	0
Fair Value Measured on Recurring Basis | Level III | Insurance | Corporate
Assets, at fair value:
AFS Fixed Maturity Securities	9,042,074	8,571,003
Trading Fixed Maturity Securities	961,994	656,923
Fair Value Measured on Recurring Basis | Level III | Insurance | Structured Securities
Assets, at fair value:
AFS Fixed Maturity Securities	2,241,331	1,830,000
Trading Fixed Maturity Securities	588,726	593,238
Fair Value Measured on Recurring Basis | Level III | Foreign Exchange Contracts and Options | Asset Management and Strategic Holdings
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	0	0
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	0
Fair Value Measured on Recurring Basis | Level III | Other Derivatives | Asset Management and Strategic Holdings
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	0	0
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	0
Fair Value Measured on Recurring Basis | Level III | Equity Market Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	0	0
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	0
Fair Value Measured on Recurring Basis | Level III | Interest Rate Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	0	0
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	0
Fair Value Measured on Recurring Basis | Level III | Foreign Currency Contracts | Insurance
Assets, at fair value:
Net Amounts Presented in the Statements of Financial Condition	0	0
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	0
Fair Value Measured on Recurring Basis | Level III | Other Contracts | Insurance
Liabilities, at fair value
Net Amounts Presented in the Statements of Financial Condition	0	0
Fair Value Measured on Recurring Basis | Level III | Private Equity | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	32,978,665	30,921,574
Fair Value Measured on Recurring Basis | Level III | Credit | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	4,658,193	5,452,916
Fair Value Measured on Recurring Basis | Level III | Investments of Consolidated CFEs | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	0	0
Fair Value Measured on Recurring Basis | Level III | Real Assets | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	12,740,442	11,295,633
Fair Value Measured on Recurring Basis | Level III | Equity Method - Other | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	1,425,236	1,537,962
Fair Value Measured on Recurring Basis | Level III | Other Investments | Asset Management and Strategic Holdings
Assets, at fair value:
Total Investments	4,805,336	4,265,768
Fair Value Measured on Recurring Basis | Fair Value Measured at Net Asset Value Per Share | Real Estate and Private Equity Funds | Insurance
Assets, at fair value:
Other Investments	57,700	$ 138,500
Unfunded commitments	$ 2,800

FAIR VALUE MEASUREMENTS - Chang

FAIR VALUE MEASUREMENTS - Changes in Level III Assets (Details) - Level III - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	$ 77,948,848	$ 78,047,637	$ 71,778,388	$ 70,824,615
Transfers In / (Out) - Changes in Consolidation	(1,064,234)	(208,748)	22,009	(335,637)
Transfers In	26,833	151,823	388,133	512,742
Transfers Out	(473,452)	(67,373)	(589,016)	(125,963)
Net Purchases/Issuances/Sales/Settlements	1,092,648	234,563	5,056,175	7,163,307
Net Unrealized and Realized Gains (Losses)	1,605,211	610,501	2,347,400	657,494
Change in OCI	74,709	24,988	207,474	96,833
Balance, End of Period	79,210,563	78,793,391	79,210,563	78,793,391
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	1,541,362	553,152	2,196,983	672,785
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	$ 74,846	$ 22,458	$ 150,851	$ 109,081
Fair Value, Recurring Basis, Unobservable Input Reconciliation Asset, Gain (Loss) Statement Of Income Extensible List Not Disclosed	Net Unrealized and Realized Gains (Losses)	Net Unrealized and Realized Gains (Losses)	Net Unrealized and Realized Gains (Losses)	Net Unrealized and Realized Gains (Losses)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Liability, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration]	Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest
Fair Value Liabilities, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement Of Income, Extensible List Not Disclosed Flag	Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date
Asset Management and Strategic Holdings
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	$ 56,442,293	$ 59,652,182	$ 53,473,853	$ 53,096,881
Transfers In / (Out) - Changes in Consolidation	(1,064,234)	(208,748)	22,009	(335,637)
Transfers In	26,833	109,773	183,947	150,178
Transfers Out	(473,452)	(49,762)	(588,715)	(98,231)
Net Purchases/Issuances/Sales/Settlements	183,590	297,988	1,185,777	6,943,857
Net Unrealized and Realized Gains (Losses)	1,492,842	643,967	2,330,824	688,352
Change in OCI	0	0	177	0
Balance, End of Period	56,607,872	60,445,400	56,607,872	60,445,400
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	1,508,410	592,910	2,294,551	751,815
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	177	0
Insurance
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	21,506,555	18,395,455	18,304,535	17,727,734
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	42,050	204,186	362,564
Transfers Out	0	(17,611)	(301)	(27,732)
Net Purchases/Issuances/Sales/Settlements	909,058	(63,425)	3,870,398	219,450
Net Unrealized and Realized Gains (Losses)	112,369	(33,466)	16,576	(30,858)
Change in OCI	74,709	24,988	207,297	96,833
Balance, End of Period	22,602,691	18,347,991	22,602,691	18,347,991
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	32,952	(39,758)	(97,568)	(79,030)
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	74,846	22,458	150,674	109,081
AFS Fixed Maturity Securities | Insurance
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	10,786,751	10,315,304	10,401,003	9,730,098
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	42,050	95,965	350,593
Transfers Out	0	(12,292)	(301)	(15,666)
Net Purchases/Issuances/Sales/Settlements	358,342	(68,406)	561,511	98,430
Net Unrealized and Realized Gains (Losses)	63,603	(36,085)	17,930	5,271
Change in OCI	74,709	24,988	207,297	96,833
Balance, End of Period	11,283,405	10,265,559	11,283,405	10,265,559
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	74,846	22,458	150,674	109,081
AFS Fixed Maturity Securities | Insurance | AFS Corporate Securities
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	8,685,083	8,392,560	8,571,003	8,310,657
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	42,050	0	75,246
Transfers Out	0	0	(301)	0
Net Purchases/Issuances/Sales/Settlements	266,708	28,531	333,979	10,513
Net Unrealized and Realized Gains (Losses)	53,500	(43,972)	(7,408)	(5,711)
Change in OCI	36,783	(368)	144,801	28,096
Balance, End of Period	9,042,074	8,418,801	9,042,074	8,418,801
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	36,914	(886)	86,625	45,705
AFS Fixed Maturity Securities | Insurance | Structured Securities
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	2,101,668	1,922,744	1,830,000	1,419,441
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	95,965	275,347
Transfers Out	0	(12,292)	0	(15,666)
Net Purchases/Issuances/Sales/Settlements	91,634	(96,937)	227,532	87,917
Net Unrealized and Realized Gains (Losses)	10,103	7,887	25,338	10,982
Change in OCI	37,926	25,356	62,496	68,737
Balance, End of Period	2,241,331	1,846,758	2,241,331	1,846,758
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	37,932	23,344	64,049	63,376
Trading Fixed Maturity Securities | Insurance
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	1,510,822	1,294,947	1,250,161	1,315,834
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	108,221	11,971
Transfers Out	0	(5,319)	0	(12,066)
Net Purchases/Issuances/Sales/Settlements	8,896	(14,826)	92,860	(26,616)
Net Unrealized and Realized Gains (Losses)	31,002	(1,865)	99,478	(16,186)
Change in OCI	0	0	0	0
Balance, End of Period	1,550,720	1,272,937	1,550,720	1,272,937
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	31,757	(2,796)	47,437	(14,036)
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Trading Fixed Maturity Securities | Insurance | AFS Corporate Securities
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	910,400	636,764	656,923	672,023
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	1,416	0
Transfers Out	0	(188)	0	(188)
Net Purchases/Issuances/Sales/Settlements	36,047	(8,061)	244,628	(32,845)
Net Unrealized and Realized Gains (Losses)	15,547	(4,780)	59,027	(15,255)
Change in OCI	0	0	0	0
Balance, End of Period	961,994	623,735	961,994	623,735
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	15,504	(4,279)	21,991	(13,350)
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Trading Fixed Maturity Securities | Insurance | Structured Securities
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	600,422	658,183	593,238	643,811
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	106,805	11,971
Transfers Out	0	(5,131)	0	(11,878)
Net Purchases/Issuances/Sales/Settlements	(27,151)	(6,765)	(151,768)	6,229
Net Unrealized and Realized Gains (Losses)	15,455	2,915	40,451	(931)
Change in OCI	0	0	0	0
Balance, End of Period	588,726	649,202	588,726	649,202
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	16,253	1,483	25,446	(686)
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Equity Securities | Insurance
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	15,279	15,695	15,522	16,286
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Issuances/Sales/Settlements	0	0	0	0
Net Unrealized and Realized Gains (Losses)	494	447	251	(144)
Change in OCI	0	0	0	0
Balance, End of Period	15,773	16,142	15,773	16,142
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	494	447	251	(144)
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Mortgage and Other loan Receivables | Insurance
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	603,200	768,276	697,402	787,515
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Issuances/Sales/Settlements	(18,795)	(25,040)	(117,920)	(51,906)
Net Unrealized and Realized Gains (Losses)	11,970	(5,127)	16,893	2,500
Change in OCI	0	0	0	0
Balance, End of Period	596,375	738,109	596,375	738,109
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	11,872	(5,294)	19,760	910
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Other Investments | Insurance
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	7,549,543	5,016,427	4,925,751	4,883,441
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Issuances/Sales/Settlements	562,255	44,052	3,341,936	209,337
Net Unrealized and Realized Gains (Losses)	(5,974)	(41,001)	(161,863)	(73,300)
Change in OCI	0	0	0	0
Balance, End of Period	8,105,824	5,019,478	8,105,824	5,019,478
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	(11,171)	(32,115)	(165,016)	(65,760)
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Funds Withheld Receivable at Interest | Insurance
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	114,265	(3,833)	88,661	12,785
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Issuances/Sales/Settlements	0	0	0	0
Net Unrealized and Realized Gains (Losses)	(19,012)	75,929	6,592	59,311
Change in OCI	0	0	0	0
Balance, End of Period	95,253	72,096	95,253	72,096
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Reinsurance Recoverable | Insurance
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	926,695	988,639	926,035	981,775
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Issuances/Sales/Settlements	(1,640)	795	(7,989)	(9,795)
Net Unrealized and Realized Gains (Losses)	30,286	(25,764)	37,295	(8,310)
Change in OCI	0	0	0	0
Balance, End of Period	955,341	963,670	955,341	963,670
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Private Equity | Investments | Asset Management and Strategic Holdings
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	32,816,612	28,606,221	30,921,574	25,336,957
Transfers In / (Out) - Changes in Consolidation	(1,064,234)	0	(1,064,234)	0
Transfers In	0	0	9,042	0
Transfers Out	(412,552)	(29,417)	(412,552)	(29,417)
Net Purchases/Issuances/Sales/Settlements	334,095	298,497	1,319,902	3,195,060
Net Unrealized and Realized Gains (Losses)	1,304,744	701,265	2,204,933	1,073,966
Change in OCI	0	0	0	0
Balance, End of Period	32,978,665	29,576,566	32,978,665	29,576,566
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	1,237,010	678,202	2,138,873	1,115,397
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Credit | Investments | Asset Management and Strategic Holdings
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	4,817,048	5,372,882	5,452,916	5,786,026
Transfers In / (Out) - Changes in Consolidation	0	0	151,713	0
Transfers In	26,833	109,773	174,905	127,401
Transfers Out	0	(19,717)	(105,080)	(43,475)
Net Purchases/Issuances/Sales/Settlements	(124,520)	112,076	(844,989)	(353,479)
Net Unrealized and Realized Gains (Losses)	(61,168)	(44,837)	(171,272)	13,704
Change in OCI	0	0	0	0
Balance, End of Period	4,658,193	5,530,177	4,658,193	5,530,177
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	55,711	(38,343)	(36,417)	63,854
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Real Assets | Investments | Asset Management and Strategic Holdings
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	12,782,172	20,307,579	11,295,633	17,015,112
Transfers In / (Out) - Changes in Consolidation	0	(208,748)	934,530	(335,637)
Transfers In	0	0	0	0
Transfers Out	0	(628)	0	(628)
Net Purchases/Issuances/Sales/Settlements	(168,204)	(190,681)	322,565	3,578,420
Net Unrealized and Realized Gains (Losses)	126,474	11,229	187,714	(338,516)
Change in OCI	0	0	0	0
Balance, End of Period	12,740,442	19,918,751	12,740,442	19,918,751
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	101,569	(22,971)	87,385	(369,658)
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Equity Method - Other | Investments | Asset Management and Strategic Holdings
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	1,506,572	1,695,170	1,537,962	1,624,420
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	(60,900)	0	(62,977)	(2,335)
Net Purchases/Issuances/Sales/Settlements	(33,923)	(19,883)	(33,980)	(11,383)
Net Unrealized and Realized Gains (Losses)	13,487	47,794	(15,769)	112,379
Change in OCI	0	0	0	0
Balance, End of Period	1,425,236	1,723,081	1,425,236	1,723,081
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	13,376	44,146	(17,486)	113,338
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Other Investments | Investments | Asset Management and Strategic Holdings
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	4,519,889	3,670,330	4,265,768	3,334,366
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	22,777
Transfers Out	0	0	(8,106)	(22,376)
Net Purchases/Issuances/Sales/Settlements	176,142	97,979	422,279	533,086
Net Unrealized and Realized Gains (Losses)	109,305	(71,484)	125,218	(171,028)
Change in OCI	0	0	177	0
Balance, End of Period	4,805,336	3,696,825	4,805,336	3,696,825
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	100,744	(68,124)	122,196	(171,116)
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date	$ 0	0	$ 177	0
Other Derivatives | Investments | Asset Management and Strategic Holdings
Fair value, assets measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period		0		0
Transfers In / (Out) - Changes in Consolidation		0		0
Transfers In		0		0
Transfers Out		0		0
Net Purchases/Issuances/Sales/Settlements		0		2,153
Net Unrealized and Realized Gains (Losses)		0		(2,153)
Change in OCI		0		0
Balance, End of Period		0		0
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date		0		0
Changes in Net Unrealized Gains (Losses) Included in OCI related to Level III Assets and Liabilities still held as of the Reporting Date		$ 0		$ 0

FAIR VALUE MEASUREMENTS - Break

FAIR VALUE MEASUREMENTS - Breakout of Asset Net Purchases/Issuances/Sales/Settlements (Details) - Level III - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	$ 4,980,428	$ 1,609,041	$ 15,135,112	$ 11,160,117
Issuances	0	0	0	0
Sales	(2,989,708)	(846,865)	(6,664,022)	(2,626,695)
Settlements	(898,072)	(527,613)	(3,414,915)	(1,370,115)
Net Purchases/Issuances/Sales/Settlements	1,092,648	234,563	5,056,175	7,163,307
Asset Management and Strategic Holdings
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	2,645,181	1,220,582	6,620,319	9,824,976
Issuances	0	0	0	0
Sales	(2,461,591)	(837,512)	(5,019,502)	(2,594,553)
Settlements	0	(85,082)	(415,040)	(286,566)
Net Purchases/Issuances/Sales/Settlements	183,590	297,988	1,185,777	6,943,857
Insurance
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	2,335,247	388,459	8,514,793	1,335,141
Issuances	0	0	0	0
Sales	(528,117)	(9,353)	(1,644,520)	(32,142)
Settlements	(898,072)	(442,531)	(2,999,875)	(1,083,549)
Net Purchases/Issuances/Sales/Settlements	909,058	(63,425)	3,870,398	219,450
Investments | Private Equity | Asset Management and Strategic Holdings
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	537,627	346,830	1,858,430	3,269,655
Issuances	0	0	0	0
Sales	(203,532)	(48,333)	(538,528)	(74,595)
Settlements	0	0	0	0
Net Purchases/Issuances/Sales/Settlements	334,095	298,497	1,319,902	3,195,060
Investments | Credit | Asset Management and Strategic Holdings
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	229,527	234,700	742,877	971,723
Issuances	0	0	0	0
Sales	(354,047)	(99,753)	(1,237,596)	(1,202,822)
Settlements	0	(22,871)	(350,270)	(122,380)
Net Purchases/Issuances/Sales/Settlements	(124,520)	112,076	(844,989)	(353,479)
Investments | Real Assets | Asset Management and Strategic Holdings
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	844,660	362,219	1,726,310	4,618,910
Issuances	0	0	0	0
Sales	(1,012,864)	(552,900)	(1,403,745)	(1,039,451)
Settlements	0	0	0	(1,039)
Net Purchases/Issuances/Sales/Settlements	(168,204)	(190,681)	322,565	3,578,420
Investments | Equity Method - Other | Asset Management and Strategic Holdings
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	1,002	1	4,084	10,124
Issuances	0	0	0	0
Sales	(34,925)	(19,884)	(38,064)	(21,507)
Settlements	0	0	0	0
Net Purchases/Issuances/Sales/Settlements	(33,923)	(19,883)	(33,980)	(11,383)
Investments | Other Investments | Asset Management and Strategic Holdings
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	1,032,365	276,832	2,288,618	952,411
Issuances	0	0	0	0
Sales	(856,223)	(116,642)	(1,801,569)	(256,178)
Settlements	0	(62,211)	(64,770)	(163,147)
Net Purchases/Issuances/Sales/Settlements	176,142	97,979	422,279	533,086
Investments | Other Derivatives | Asset Management and Strategic Holdings
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases		0		2,153
Issuances		0		0
Sales		0		0
Settlements		0		0
Net Purchases/Issuances/Sales/Settlements		0		2,153
AFS Fixed Maturity Securities | Insurance
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	1,596,902	330,405	4,111,625	1,046,519
Issuances	0	0	0	0
Sales	(522,817)	(1,030)	(1,203,546)	(6,698)
Settlements	(715,743)	(397,781)	(2,346,568)	(941,391)
Net Purchases/Issuances/Sales/Settlements	358,342	(68,406)	561,511	98,430
AFS Fixed Maturity Securities | Insurance | AFS Corporate Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	1,347,498	272,983	3,519,683	723,970
Issuances	0	0	0	0
Sales	(522,817)	(10)	(1,193,197)	(5,678)
Settlements	(557,973)	(244,442)	(1,992,507)	(707,779)
Net Purchases/Issuances/Sales/Settlements	266,708	28,531	333,979	10,513
AFS Fixed Maturity Securities | Insurance | Structured Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	249,404	57,422	591,942	322,549
Issuances	0	0	0	0
Sales	0	(1,020)	(10,349)	(1,020)
Settlements	(157,770)	(153,339)	(354,061)	(233,612)
Net Purchases/Issuances/Sales/Settlements	91,634	(96,937)	227,532	87,917
Fixed maturity securities, trading, at fair value | Insurance
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	89,284	7,402	964,865	59,702
Issuances	0	0	0	0
Sales	(1,227)	(2,380)	(429,135)	(4,074)
Settlements	(79,161)	(19,848)	(442,870)	(82,244)
Net Purchases/Issuances/Sales/Settlements	8,896	(14,826)	92,860	(26,616)
Fixed maturity securities, trading, at fair value | Insurance | AFS Corporate Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	72,013	3,864	839,978	18,727
Issuances	0	0	0	0
Sales	(1,227)	0	(224,710)	(1,000)
Settlements	(34,739)	(11,925)	(370,640)	(50,572)
Net Purchases/Issuances/Sales/Settlements	36,047	(8,061)	244,628	(32,845)
Fixed maturity securities, trading, at fair value | Insurance | Structured Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	17,271	3,538	124,887	40,975
Issuances	0	0	0	0
Sales	0	(2,380)	(204,425)	(3,074)
Settlements	(44,422)	(7,923)	(72,230)	(31,672)
Net Purchases/Issuances/Sales/Settlements	(27,151)	(6,765)	(151,768)	6,229
Mortgage and Other loan Receivables | Insurance
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	0	657	1,795	1,291
Issuances	0	0	0	0
Sales	0	0	0	(3,078)
Settlements	(18,795)	(25,697)	(119,715)	(50,119)
Net Purchases/Issuances/Sales/Settlements	(18,795)	(25,040)	(117,920)	(51,906)
Other Investments | Insurance
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	649,061	49,995	3,436,508	227,629
Issuances	0	0	0	0
Sales	(4,073)	(5,943)	(11,839)	(18,292)
Settlements	(82,733)	0	(82,733)	0
Net Purchases/Issuances/Sales/Settlements	562,255	44,052	3,341,936	209,337
Reinsurance Recoverable | Insurance
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Purchases	0	0	0	0
Issuances	0	0	0	0
Sales	0	0	0	0
Settlements	(1,640)	795	(7,989)	(9,795)
Net Purchases/Issuances/Sales/Settlements	$ (1,640)	$ 795	$ (7,989)	$ (9,795)

FAIR VALUE MEASUREMENTS - Cha_2

FAIR VALUE MEASUREMENTS - Changes in Level III Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Fair value, liabilities measured on recurring basis, level 3 fair-value category reconciliation
Fair Value, Recurring Basis Unobservable Input Reconciliation, Liability, Gain (Loss), Statement Of Income, Extensible List, Not Disclosed Flag	Net Unrealized and Realized Gains (Losses)	Net Unrealized and Realized Gains (Losses)	Net Unrealized and Realized Gains (Losses)	Net Unrealized and Realized Gains (Losses)
Fair Value, Liability, Recurring Basis, Unobservable Input Reconciliation, Liability, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration]	Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest
Fair Value Liabilities, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement Of Income, Extensible List Not Disclosed Flag	Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date
Level III
Fair value, liabilities measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	$ 4,462,639	$ 2,490,228	$ 4,136,577	$ 918,599
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Sales/Settlements/Issuances	328,350	154,382	889,307	695,256
Net Unrealized and Realized Gains (Losses)	1,864,650	(992,683)	1,641,993	(54,618)
Change in OCI	40,218	59,687	27,980	152,377
Balance, End of Period	6,695,857	1,711,614	6,695,857	1,711,614
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	5,599	(12,265)	9,243	(39,474)
Level III | Asset Management and Strategic Holdings
Fair value, liabilities measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	98,327	110,106	94,683	137,315
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Sales/Settlements/Issuances	0	0	0	0
Net Unrealized and Realized Gains (Losses)	5,599	(12,265)	9,243	(39,474)
Change in OCI	0	0	0	0
Balance, End of Period	103,926	97,841	103,926	97,841
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	5,599	(12,265)	9,243	(39,474)
Level III | Insurance
Fair value, liabilities measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	4,364,312	2,380,122	4,041,894	781,284
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Sales/Settlements/Issuances	328,350	154,382	889,307	695,256
Net Unrealized and Realized Gains (Losses)	1,859,051	(980,418)	1,632,750	(15,144)
Change in OCI	40,218	59,687	27,980	152,377
Balance, End of Period	6,591,931	1,613,773	6,591,931	1,613,773
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Level III | Unfunded Revolver Commitments | Asset Management and Strategic Holdings
Fair value, liabilities measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	98,327	110,106	94,683	137,315
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Sales/Settlements/Issuances	0	0	0	0
Net Unrealized and Realized Gains (Losses)	5,599	(12,265)	9,243	(39,474)
Change in OCI	0	0	0	0
Balance, End of Period	103,926	97,841	103,926	97,841
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	5,599	(12,265)	9,243	(39,474)
Level III | Policy Liabilities | Insurance
Fair value, liabilities measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	1,320,498	1,181,368	1,474,970	1,063,496
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Sales/Settlements/Issuances	19,896	(693)	28,174	(3,066)
Net Unrealized and Realized Gains (Losses)	50,366	(118,986)	(103,360)	(93,338)
Change in OCI	38,711	63,227	29,687	157,824
Balance, End of Period	1,429,471	1,124,916	1,429,471	1,124,916
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Level III | Closed Block Policy Liabilities | Insurance
Fair value, liabilities measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	970,844	1,026,339	968,554	1,016,313
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Sales/Settlements/Issuances	(3,789)	10,260	1,126	1,232
Net Unrealized and Realized Gains (Losses)	32,187	(30,782)	32,776	(9,821)
Change in OCI	1,507	(3,540)	(1,707)	(5,447)
Balance, End of Period	1,000,749	1,002,277	1,000,749	1,002,277
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Level III | Funds Withheld Payable at Interest | Insurance
Fair value, liabilities measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	(2,900,476)	(3,090,373)	(2,447,303)	(3,487,766)
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Sales/Settlements/Issuances	0	0	0	0
Net Unrealized and Realized Gains (Losses)	1,305,338	(666,599)	852,165	(269,206)
Change in OCI	0	0	0	0
Balance, End of Period	(1,595,138)	(3,756,972)	(1,595,138)	(3,756,972)
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Level III | Embedded Derivative | Insurance | Interest Sensitive Life
Fair value, liabilities measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	495,342	447,005	458,302	337,860
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Sales/Settlements/Issuances	(25,069)	(27,314)	(71,974)	(25,007)
Net Unrealized and Realized Gains (Losses)	42,201	(31,641)	126,146	75,197
Change in OCI	0	0	0	0
Balance, End of Period	512,474	388,050	512,474	388,050
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	0	0	0	0
Level III | Embedded Derivative | Insurance | Fixed-Indexed Annuity
Fair value, liabilities measured on recurring basis, level 3 fair-value category reconciliation
Balance, Beg. of Period	4,478,104	2,815,783	3,587,371	1,851,381
Transfers In / (Out) - Changes in Consolidation	0	0	0	0
Transfers In	0	0	0	0
Transfers Out	0	0	0	0
Net Purchases/Sales/Settlements/Issuances	337,312	172,129	931,981	722,097
Net Unrealized and Realized Gains (Losses)	428,959	(132,410)	725,023	282,024
Change in OCI	0	0	0	0
Balance, End of Period	5,244,375	2,855,502	5,244,375	2,855,502
Changes in Net Unrealized Gains (Losses) Included in Earnings related to Level III Assets and Liabilities still held as of the Reporting Date	$ 0	$ 0	$ 0	$ 0

FAIR VALUE MEASUREMENTS - Bre_2

FAIR VALUE MEASUREMENTS - Breakout of Liability Issuances and Settlements (Details) - Level III - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Liabilities
Issuances	$ 433,397	$ 214,418	$ 1,165,790	$ 806,936
Settlements	(105,047)	(60,036)	(276,483)	(111,680)
Net Issuances/Settlements	328,350	154,382	889,307	695,256
Asset Management and Strategic Holdings
Liabilities
Issuances	0	0	0	0
Settlements	0	0	0	0
Net Issuances/Settlements	0	0	0	0
Asset Management and Strategic Holdings | Unfunded Revolver Commitments
Liabilities
Issuances	0	0	0	0
Settlements	0	0	0	0
Net Issuances/Settlements	0	0	0	0
Insurance
Liabilities
Issuances	433,397	214,418	1,165,790	806,936
Settlements	(105,047)	(60,036)	(276,483)	(111,680)
Net Issuances/Settlements	328,350	154,382	889,307	695,256
Insurance | Policy Liabilities
Liabilities
Issuances	23,505	910	38,754	817
Settlements	(3,609)	(1,603)	(10,580)	(3,883)
Net Issuances/Settlements	19,896	(693)	28,174	(3,066)
Insurance | Closed Block Policy Liabilities
Liabilities
Issuances	0	1,232	1,126	1,232
Settlements	(3,789)	9,028	0	0
Net Issuances/Settlements	(3,789)	10,260	1,126	1,232
Insurance | Embedded Derivative | Interest Sensitive Life
Liabilities
Issuances	0	0	0	0
Settlements	(25,069)	(27,314)	(71,974)	(25,007)
Net Issuances/Settlements	(25,069)	(27,314)	(71,974)	(25,007)
Insurance | Embedded Derivative | Fixed-Indexed Annuity
Liabilities
Issuances	409,892	212,276	1,125,910	804,887
Settlements	(72,580)	(40,147)	(193,929)	(82,790)
Net Issuances/Settlements	$ 337,312	$ 172,129	$ 931,981	$ 722,097

FAIR VALUE MEASUREMENTS - Valua

FAIR VALUE MEASUREMENTS - Valuation Methodologies and Significant Unobservable Inputs (Details)	9 Months Ended
	Sep. 30, 2024 USD ($) $ / Boe	Dec. 31, 2023 USD ($)
Level III Liabilities
Embedded derivative, fair value	$ 5,800,000,000	$ 4,000,000,000
Insurance
Level III Assets
Reinsurance recoverable, fair value	46,386,313,000	$ 36,617,344,000
Level III | Asset Management and Strategic Holdings
Level III Assets
Private equity, fair value	32,978,665,000
Credit, fair value	4,658,193,000
Real assets, fair value	12,740,442,000
Other investments, fair value	4,805,336,000
Level III Liabilities
Unfunded revolving commitments, fair value	103,926,000
Level III | Asset Management and Strategic Holdings | Equity Method - Other | Investments
Level III Assets
Equity method - other, fair value	$ 1,425,236,000
Level III | Asset Management and Strategic Holdings | Weighted Average | Illiquidity Discount
Level III Assets
Equity method - other, measurement input	0.071
Other investments, measurement input	0.088
Level III | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Market Comparables
Level III Assets
Equity method - other, measurement input	0.479
Other investments, measurement input	0.208
Level III | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Discounted Cash Flow
Level III Assets
Equity method - other, measurement input	0.464
Other investments, measurement input	0.439
Level III | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Transaction Price
Level III Assets
Equity method - other, measurement input	0.057
Other investments, measurement input	0.353
Level III | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Equity method - other, measurement input	17.6
Other investments, measurement input	12.2
Level III | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Equity method - other, measurement input	14.6
Other investments, measurement input	9
Level III | Asset Management and Strategic Holdings | Weighted Average | Weighted Average Cost of Capital
Level III Assets
Equity method - other, measurement input	0.107
Other investments, measurement input	0.123
Level III | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/EBITDA Exit Multiple
Level III Assets
Equity method - other, measurement input	18
Other investments, measurement input	13
Level III | Asset Management and Strategic Holdings | Weighted Average | Yield
Level III Assets
Credit, measurement input	0.102
Level III Liabilities
Unfunded revolving commitments, measurement input	0.089
Level III | Asset Management and Strategic Holdings | Weighted Average | Net Leverage
Level III Assets
Credit, measurement input	6.1
Level III | Asset Management and Strategic Holdings | Weighted Average | EBITDA Multiple
Level III Assets
Credit, measurement input	12.8
Level III | Asset Management and Strategic Holdings | Minimum | Illiquidity Discount
Level III Assets
Equity method - other, measurement input	0.050
Other investments, measurement input	0.050
Level III | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Market Comparables
Level III Assets
Equity method - other, measurement input	0
Other investments, measurement input	0
Level III | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Equity method - other, measurement input	0
Other investments, measurement input	0
Level III | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Transaction Price
Level III Assets
Equity method - other, measurement input	0
Other investments, measurement input	0
Level III | Asset Management and Strategic Holdings | Minimum | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Equity method - other, measurement input	5
Other investments, measurement input	0.7
Level III | Asset Management and Strategic Holdings | Minimum | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Equity method - other, measurement input	4
Other investments, measurement input	13.3
Level III | Asset Management and Strategic Holdings | Minimum | Weighted Average Cost of Capital
Level III Assets
Equity method - other, measurement input	0.070
Other investments, measurement input	0.073
Level III | Asset Management and Strategic Holdings | Minimum | Enterprise Value/EBITDA Exit Multiple
Level III Assets
Equity method - other, measurement input	9.5
Other investments, measurement input	8.5
Level III | Asset Management and Strategic Holdings | Minimum | Yield
Level III Assets
Credit, measurement input	0.052
Level III Liabilities
Unfunded revolving commitments, measurement input	0.080
Level III | Asset Management and Strategic Holdings | Minimum | Net Leverage
Level III Assets
Credit, measurement input	1.3
Level III | Asset Management and Strategic Holdings | Minimum | EBITDA Multiple
Level III Assets
Credit, measurement input	6
Level III | Asset Management and Strategic Holdings | Maximum | Illiquidity Discount
Level III Assets
Equity method - other, measurement input	0.100
Other investments, measurement input	0.150
Level III | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Market Comparables
Level III Assets
Equity method - other, measurement input	1
Other investments, measurement input	1
Level III | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Equity method - other, measurement input	0.500
Other investments, measurement input	1
Level III | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Transaction Price
Level III Assets
Equity method - other, measurement input	1
Other investments, measurement input	1
Level III | Asset Management and Strategic Holdings | Maximum | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Equity method - other, measurement input	32.3
Other investments, measurement input	21.3
Level III | Asset Management and Strategic Holdings | Maximum | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Equity method - other, measurement input	26.5
Other investments, measurement input	19.1
Level III | Asset Management and Strategic Holdings | Maximum | Weighted Average Cost of Capital
Level III Assets
Equity method - other, measurement input	0.164
Other investments, measurement input	0.200
Level III | Asset Management and Strategic Holdings | Maximum | Enterprise Value/EBITDA Exit Multiple
Level III Assets
Equity method - other, measurement input	38
Other investments, measurement input	15
Level III | Asset Management and Strategic Holdings | Maximum | Yield
Level III Assets
Credit, measurement input	0.195
Level III Liabilities
Unfunded revolving commitments, measurement input	0.109
Level III | Asset Management and Strategic Holdings | Maximum | Net Leverage
Level III Assets
Credit, measurement input	13
Level III | Asset Management and Strategic Holdings | Maximum | EBITDA Multiple
Level III Assets
Credit, measurement input	30.5
Level III | Insurance
Level III Assets
Other investments, fair value	$ 8,105,824,000
Reinsurance recoverable, fair value	955,341,000
Level III Liabilities
Policy liabilities, fair value	1,429,471,000
Closed block policy liabilities, fair value	$ 1,000,749,000
Level III | Insurance | Expense Assumption
Level III Assets
Reinsurance recoverable, measurement input, expense per policy (in dollars per share)	0.025
Level III Liabilities
Closed block policy liabilities, measurement input	0.025
Level III | Insurance | Instrument-specific credit risk | Valuation Technique, Market Risk Benefit, Instrument-Specific Credit Risk, 10 Year
Level III Liabilities
Policy liabilities, measurement input	0.006
Level III | Insurance | Instrument-specific credit risk | Valuation Technique, Market Risk Benefit, Instrument-Specific Credit Risk, 30 Year
Level III Liabilities
Policy liabilities, measurement input	0.008
Level III | Insurance | Interest Sensitive Life
Level III Liabilities
Embedded derivative, fair value	$ 512,474,000
Level III | Insurance | Fixed-Indexed Annuity
Level III Liabilities
Embedded derivative, fair value	$ 5,244,375,000
Level III | Insurance | Weighted Average | Vacancy Rate
Level III Assets
Other investments, measurement input	0.012
Level III | Insurance | Weighted Average | Discount Rate
Level III Assets
Other investments, measurement input	0.074
Level III | Insurance | Weighted Average | Terminal Capitalization Rate
Level III Assets
Other investments, measurement input	0.059
Level III | Insurance | Weighted Average | Expense Assumption
Level III Assets
Reinsurance recoverable, measurement input, expense per policy (in dollars per share)	17.5
Level III Liabilities
Closed block liabilities, measurement input, value	17.5
Level III | Insurance | Weighted Average | Instrument-specific credit risk
Level III Liabilities
Closed block policy liabilities, measurement input	0.7
Level III | Insurance | Weighted Average | Expense Risk Margin
Level III Assets
Reinsurance recoverable, measurement input	0.094
Level III Liabilities
Closed block policy liabilities, measurement input	0.094
Level III | Insurance | Weighted Average | Cost of Capital
Level III Assets
Reinsurance recoverable, measurement input	0.097
Level III Liabilities
Closed block policy liabilities, measurement input	0.097
Level III | Insurance | Weighted Average | Mortality Rate
Level III Assets
Reinsurance recoverable, measurement input	0.057
Level III Liabilities
Closed block policy liabilities, measurement input	0.057
Level III | Insurance | Weighted Average | Mortality Rate | Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality.
Level III Liabilities
Policy liabilities, measurement input	0.048
Level III | Insurance | Weighted Average | Mortality Rate | Valuation Technique, Market Risk Benefit, Policyholder Behavior
Level III Liabilities
Policy liabilities, measurement input	0.026
Level III | Insurance | Weighted Average | Surrender Rate
Level III Assets
Reinsurance recoverable, measurement input	0.020
Level III Liabilities
Closed block policy liabilities, measurement input	0.020
Level III | Insurance | Weighted Average | Surrender Rate | Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality.
Level III Liabilities
Policy liabilities, measurement input	0.063
Level III | Insurance | Weighted Average | Surrender Rate | Valuation Technique, Market Risk Benefit, Policyholder Behavior
Level III Liabilities
Policy liabilities, measurement input	0.042
Level III | Insurance | Weighted Average | Risk Margin Rate
Level III Liabilities
Policy liabilities, measurement input	0.006
Level III | Insurance | Weighted Average | Interest Sensitive Life | Instrument-specific credit risk
Level III Liabilities
Embedded derivative, measurement input	0.7
Level III | Insurance | Weighted Average | Interest Sensitive Life | Mortality Rate
Level III Liabilities
Embedded derivative, measurement input	0.008
Level III | Insurance | Weighted Average | Interest Sensitive Life | Lapse Rate
Level III Liabilities
Embedded derivative, measurement input	0.032
Level III | Insurance | Weighted Average | Interest Sensitive Life | Option Budget Assumption
Level III Liabilities
Embedded derivative, measurement input	0.036
Level III | Insurance | Weighted Average | Fixed-Indexed Annuity | Utilization
Level III Liabilities
Embedded derivative, measurement input	0.965
Level III | Insurance | Weighted Average | Institutional FIA | Mortality Rate
Level III Liabilities
Embedded derivative, measurement input	0.019
Level III | Insurance | Weighted Average | Institutional FIA | Surrender Rate
Level III Liabilities
Embedded derivative, measurement input	0.180
Level III | Insurance | Weighted Average | Institutional FIA | Option Budget Assumption
Level III Liabilities
Embedded derivative, measurement input	0.037
Level III | Insurance | Weighted Average | Retail FIA | Mortality Rate
Level III Liabilities
Embedded derivative, measurement input	0.026
Level III | Insurance | Weighted Average | Retail FIA | Surrender Rate
Level III Liabilities
Embedded derivative, measurement input	0.137
Level III | Insurance | Weighted Average | Retail FIA | Option Budget Assumption
Level III Liabilities
Embedded derivative, measurement input	0.031
Level III | Insurance | Weighted Average | Variable Annuities | Instrument-specific credit risk
Level III Liabilities
Embedded derivative, measurement input	0.007
Level III | Insurance | Minimum | Vacancy Rate
Level III Assets
Other investments, measurement input	0
Level III | Insurance | Minimum | Discount Rate
Level III Assets
Other investments, measurement input	0.068
Level III | Insurance | Minimum | Terminal Capitalization Rate
Level III Assets
Other investments, measurement input	0.050
Level III | Insurance | Minimum | Expense Assumption
Level III Assets
Reinsurance recoverable, measurement input, expense per policy (in dollars per share)	8.2
Level III Liabilities
Closed block policy liabilities, measurement input	8.2
Level III | Insurance | Minimum | Instrument-specific credit risk
Level III Liabilities
Closed block policy liabilities, measurement input	0.005
Level III | Insurance | Minimum | Cost of Capital
Level III Assets
Reinsurance recoverable, measurement input	0.037
Level III Liabilities
Closed block policy liabilities, measurement input	0.037
Level III | Insurance | Minimum | Mortality Rate | Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality.
Level III Liabilities
Policy liabilities, measurement input	0.035
Level III | Insurance | Minimum | Mortality Rate | Valuation Technique, Market Risk Benefit, Policyholder Behavior
Level III Liabilities
Policy liabilities, measurement input	0.005
Level III | Insurance | Minimum | Surrender Rate | Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality.
Level III Liabilities
Policy liabilities, measurement input	0.035
Level III | Insurance | Minimum | Surrender Rate | Valuation Technique, Market Risk Benefit, Policyholder Behavior
Level III Liabilities
Policy liabilities, measurement input	0.001
Level III | Insurance | Minimum | Risk Margin Rate
Level III Liabilities
Policy liabilities, measurement input	0.005
Level III | Insurance | Minimum | Interest Sensitive Life | Instrument-specific credit risk
Level III Liabilities
Embedded derivative, measurement input	0.005
Level III | Insurance | Minimum | Variable Annuities | Instrument-specific credit risk
Level III Liabilities
Embedded derivative, measurement input	0.005
Level III | Insurance | Maximum | Vacancy Rate
Level III Assets
Other investments, measurement input	0.027
Level III | Insurance | Maximum | Discount Rate
Level III Assets
Other investments, measurement input	0.083
Level III | Insurance | Maximum | Terminal Capitalization Rate
Level III Assets
Other investments, measurement input	0.073
Level III | Insurance | Maximum | Expense Assumption
Level III Assets
Reinsurance recoverable, measurement input, expense per policy (in dollars per share)	78
Level III Liabilities
Closed block policy liabilities, measurement input	78
Level III | Insurance | Maximum | Instrument-specific credit risk
Level III Liabilities
Closed block policy liabilities, measurement input	0.008
Level III | Insurance | Maximum | Cost of Capital
Level III Assets
Reinsurance recoverable, measurement input	0.139
Level III Liabilities
Closed block policy liabilities, measurement input	0.139
Level III | Insurance | Maximum | Mortality Rate | Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality.
Level III Liabilities
Policy liabilities, measurement input	0.091
Level III | Insurance | Maximum | Mortality Rate | Valuation Technique, Market Risk Benefit, Policyholder Behavior
Level III Liabilities
Policy liabilities, measurement input	0.278
Level III | Insurance | Maximum | Surrender Rate | Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality.
Level III Liabilities
Policy liabilities, measurement input	0.077
Level III | Insurance | Maximum | Surrender Rate | Valuation Technique, Market Risk Benefit, Policyholder Behavior
Level III Liabilities
Policy liabilities, measurement input	0.371
Level III | Insurance | Maximum | Risk Margin Rate
Level III Liabilities
Policy liabilities, measurement input	0.008
Level III | Insurance | Maximum | Interest Sensitive Life | Instrument-specific credit risk
Level III Liabilities
Embedded derivative, measurement input	0.008
Level III | Insurance | Maximum | Variable Annuities | Instrument-specific credit risk
Level III Liabilities
Embedded derivative, measurement input	0.008
Level III | Private Equity | Asset Management and Strategic Holdings
Level III Assets
Private equity, fair value	$ 30,403,822,000
Level III | Private Equity | Asset Management and Strategic Holdings | Weighted Average | Illiquidity Discount
Level III Assets
Private equity, measurement input	0.060
Level III | Private Equity | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Market Comparables
Level III Assets
Private equity, measurement input	0.278
Level III | Private Equity | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Discounted Cash Flow
Level III Assets
Private equity, measurement input	0.684
Level III | Private Equity | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Transaction Price
Level III Assets
Private equity, measurement input	0.038
Level III | Private Equity | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Private equity, measurement input	18.5
Level III | Private Equity | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Private equity, measurement input	16.8
Level III | Private Equity | Asset Management and Strategic Holdings | Weighted Average | Weighted Average Cost of Capital
Level III Assets
Private equity, measurement input	0.091
Level III | Private Equity | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/EBITDA Exit Multiple
Level III Assets
Private equity, measurement input	14.6
Level III | Private Equity | Asset Management and Strategic Holdings | Minimum | Illiquidity Discount
Level III Assets
Private equity, measurement input	0.050
Level III | Private Equity | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Market Comparables
Level III Assets
Private equity, measurement input	0
Level III | Private Equity | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Private equity, measurement input	0
Level III | Private Equity | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Transaction Price
Level III Assets
Private equity, measurement input	0
Level III | Private Equity | Asset Management and Strategic Holdings | Minimum | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Private equity, measurement input	5.9
Level III | Private Equity | Asset Management and Strategic Holdings | Minimum | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Private equity, measurement input	4.5
Level III | Private Equity | Asset Management and Strategic Holdings | Minimum | Weighted Average Cost of Capital
Level III Assets
Private equity, measurement input	0.061
Level III | Private Equity | Asset Management and Strategic Holdings | Minimum | Enterprise Value/EBITDA Exit Multiple
Level III Assets
Private equity, measurement input	6
Level III | Private Equity | Asset Management and Strategic Holdings | Maximum | Illiquidity Discount
Level III Assets
Private equity, measurement input	0.150
Level III | Private Equity | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Market Comparables
Level III Assets
Private equity, measurement input	1
Level III | Private Equity | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Private equity, measurement input	1
Level III | Private Equity | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Transaction Price
Level III Assets
Private equity, measurement input	1
Level III | Private Equity | Asset Management and Strategic Holdings | Maximum | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Private equity, measurement input	29.8
Level III | Private Equity | Asset Management and Strategic Holdings | Maximum | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Private equity, measurement input	29.7
Level III | Private Equity | Asset Management and Strategic Holdings | Maximum | Weighted Average Cost of Capital
Level III Assets
Private equity, measurement input	0.143
Level III | Private Equity | Asset Management and Strategic Holdings | Maximum | Enterprise Value/EBITDA Exit Multiple
Level III Assets
Private equity, measurement input	27.6
Level III | Growth Equity | Asset Management and Strategic Holdings
Level III Assets
Growth equity, fair value disclosure	$ 2,574,843,000
Level III | Growth Equity | Asset Management and Strategic Holdings | Weighted Average | Illiquidity Discount
Level III Assets
Growth equity, measurement input	0.101
Level III | Growth Equity | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Market Comparables
Level III Assets
Growth equity, measurement input	0.346
Level III | Growth Equity | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Discounted Cash Flow
Level III Assets
Growth equity, measurement input	0.032
Level III | Growth Equity | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Transaction Price
Level III Assets
Growth equity, measurement input	0.139
Level III | Growth Equity | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Milestones
Level III Assets
Growth equity, measurement input	0.483
Level III | Growth Equity | Asset Management and Strategic Holdings | Weighted Average | Base
Level III Assets
Growth equity, measurement input	0.753
Level III | Growth Equity | Asset Management and Strategic Holdings | Weighted Average | Downside
Level III Assets
Growth equity, measurement input	0.122
Level III | Growth Equity | Asset Management and Strategic Holdings | Weighted Average | Upside
Level III Assets
Growth equity, measurement input	0.125
Level III | Growth Equity | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/Revenues Multiple
Level III Assets
Growth equity, measurement input	8.8
Level III | Growth Equity | Asset Management and Strategic Holdings | Minimum | Illiquidity Discount
Level III Assets
Growth equity, measurement input	0.100
Level III | Growth Equity | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Market Comparables
Level III Assets
Growth equity, measurement input	0
Level III | Growth Equity | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Growth equity, measurement input	0
Level III | Growth Equity | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Transaction Price
Level III Assets
Growth equity, measurement input	0
Level III | Growth Equity | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Milestones
Level III Assets
Growth equity, measurement input	0
Level III | Growth Equity | Asset Management and Strategic Holdings | Minimum | Base
Level III Assets
Growth equity, measurement input	0.500
Level III | Growth Equity | Asset Management and Strategic Holdings | Minimum | Downside
Level III Assets
Growth equity, measurement input	0.050
Level III | Growth Equity | Asset Management and Strategic Holdings | Minimum | Upside
Level III Assets
Growth equity, measurement input	0.100
Level III | Growth Equity | Asset Management and Strategic Holdings | Minimum | Enterprise Value/Revenues Multiple
Level III Assets
Growth equity, measurement input	3
Level III | Growth Equity | Asset Management and Strategic Holdings | Maximum | Illiquidity Discount
Level III Assets
Growth equity, measurement input	0.150
Level III | Growth Equity | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Market Comparables
Level III Assets
Growth equity, measurement input	1
Level III | Growth Equity | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Growth equity, measurement input	0.500
Level III | Growth Equity | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Transaction Price
Level III Assets
Growth equity, measurement input	1
Level III | Growth Equity | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Milestones
Level III Assets
Growth equity, measurement input	1
Level III | Growth Equity | Asset Management and Strategic Holdings | Maximum | Base
Level III Assets
Growth equity, measurement input	0.850
Level III | Growth Equity | Asset Management and Strategic Holdings | Maximum | Downside
Level III Assets
Growth equity, measurement input	0.250
Level III | Growth Equity | Asset Management and Strategic Holdings | Maximum | Upside
Level III Assets
Growth equity, measurement input	0.250
Level III | Growth Equity | Asset Management and Strategic Holdings | Maximum | Enterprise Value/Revenues Multiple
Level III Assets
Growth equity, measurement input	24.4
Level III | Energy | Liquids
Level III Assets
Revenue ratio of liquids	87%
Level III | Energy | Natural Gas
Level III Assets
Revenue ratio of natural gas	13%
Level III | Energy | Asset Management and Strategic Holdings
Level III Assets
Real assets, fair value	$ 1,544,535,000
Level III | Energy | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Market Comparables
Level III Assets
Real assets, measurement input	0.448
Level III | Energy | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Discounted Cash Flow
Level III Assets
Real assets, measurement input	0.552
Level III | Energy | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Real assets, measurement input	3.4
Level III | Energy | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Real assets, measurement input	6.2
Level III | Energy | Asset Management and Strategic Holdings | Weighted Average | Weighted Average Cost of Capital
Level III Assets
Real assets, measurement input	0.121
Level III | Energy | Asset Management and Strategic Holdings | Weighted Average | Average Price Per BOE
Level III Assets
Real assets, measurement input, value | $ / Boe	45.88
Level III | Energy | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Market Comparables
Level III Assets
Real assets, measurement input	0
Level III | Energy | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Real assets, measurement input	0.500
Level III | Energy | Asset Management and Strategic Holdings | Minimum | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Real assets, measurement input	0
Level III | Energy | Asset Management and Strategic Holdings | Minimum | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Real assets, measurement input	0
Level III | Energy | Asset Management and Strategic Holdings | Minimum | Weighted Average Cost of Capital
Level III Assets
Real assets, measurement input	0.120
Level III | Energy | Asset Management and Strategic Holdings | Minimum | Average Price Per BOE
Level III Assets
Real assets, measurement input, value | $ / Boe	42.21
Level III | Energy | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Market Comparables
Level III Assets
Real assets, measurement input	0.500
Level III | Energy | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Real assets, measurement input	1
Level III | Energy | Asset Management and Strategic Holdings | Maximum | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Real assets, measurement input	5
Level III | Energy | Asset Management and Strategic Holdings | Maximum | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Real assets, measurement input	7.8
Level III | Energy | Asset Management and Strategic Holdings | Maximum | Weighted Average Cost of Capital
Level III Assets
Real assets, measurement input	0.123
Level III | Energy | Asset Management and Strategic Holdings | Maximum | Average Price Per BOE
Level III Assets
Real assets, measurement input, value | $ / Boe	50.35
Level III | Infrastructure | Asset Management and Strategic Holdings
Level III Assets
Real assets, fair value	$ 994,481,000
Level III | Infrastructure | Asset Management and Strategic Holdings | Weighted Average | Illiquidity Discount
Level III Assets
Real assets, measurement input	0.065
Level III | Infrastructure | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Market Comparables
Level III Assets
Real assets, measurement input	0.107
Level III | Infrastructure | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Discounted Cash Flow
Level III Assets
Real assets, measurement input	0.893
Level III | Infrastructure | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Transaction Price
Level III Assets
Real assets, measurement input	0
Level III | Infrastructure | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Real assets, measurement input	11.8
Level III | Infrastructure | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Real assets, measurement input	19.1
Level III | Infrastructure | Asset Management and Strategic Holdings | Weighted Average | Weighted Average Cost of Capital
Level III Assets
Real assets, measurement input	0.068
Level III | Infrastructure | Asset Management and Strategic Holdings | Weighted Average | Enterprise Value/EBITDA Exit Multiple
Level III Assets
Real assets, measurement input	15.8
Level III | Infrastructure | Asset Management and Strategic Holdings | Minimum | Illiquidity Discount
Level III Assets
Real assets, measurement input	0.050
Level III | Infrastructure | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Market Comparables
Level III Assets
Real assets, measurement input	0
Level III | Infrastructure | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Real assets, measurement input	0.750
Level III | Infrastructure | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Transaction Price
Level III Assets
Real assets, measurement input	0
Level III | Infrastructure | Asset Management and Strategic Holdings | Minimum | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Real assets, measurement input	11.8
Level III | Infrastructure | Asset Management and Strategic Holdings | Minimum | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Real assets, measurement input	11
Level III | Infrastructure | Asset Management and Strategic Holdings | Minimum | Weighted Average Cost of Capital
Level III Assets
Real assets, measurement input	0.055
Level III | Infrastructure | Asset Management and Strategic Holdings | Minimum | Enterprise Value/EBITDA Exit Multiple
Level III Assets
Real assets, measurement input	10
Level III | Infrastructure | Asset Management and Strategic Holdings | Maximum | Illiquidity Discount
Level III Assets
Real assets, measurement input	0.100
Level III | Infrastructure | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Market Comparables
Level III Assets
Real assets, measurement input	0.250
Level III | Infrastructure | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Real assets, measurement input	1
Level III | Infrastructure | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Transaction Price
Level III Assets
Real assets, measurement input	0
Level III | Infrastructure | Asset Management and Strategic Holdings | Maximum | Enterprise Value/LTM EBITDA Multiple
Level III Assets
Real assets, measurement input	11.8
Level III | Infrastructure | Asset Management and Strategic Holdings | Maximum | Enterprise Value/Forward EBITDA Multiple
Level III Assets
Real assets, measurement input	22.4
Level III | Infrastructure | Asset Management and Strategic Holdings | Maximum | Weighted Average Cost of Capital
Level III Assets
Real assets, measurement input	0.089
Level III | Infrastructure | Asset Management and Strategic Holdings | Maximum | Enterprise Value/EBITDA Exit Multiple
Level III Assets
Real assets, measurement input	22
Level III | Real Estate | Asset Management and Strategic Holdings
Level III Assets
Real assets, fair value	$ 10,201,426,000
Level III | Real Estate | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Discounted Cash Flow
Level III Assets
Real assets, measurement input	0.841
Level III | Real Estate | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Transaction Price
Level III Assets
Real assets, measurement input	0.051
Level III | Real Estate | Asset Management and Strategic Holdings | Weighted Average | Weight Ascribed to Direct Income Capitalization
Level III Assets
Real assets, measurement input	0.108
Level III | Real Estate | Asset Management and Strategic Holdings | Weighted Average | Current Capitalization Rate
Level III Assets
Real assets, measurement input	0.053
Level III | Real Estate | Asset Management and Strategic Holdings | Weighted Average | Exit Capitalization Rate
Level III Assets
Real assets, measurement input	0.057
Level III | Real Estate | Asset Management and Strategic Holdings | Weighted Average | Unlevered Discount Rate
Level III Assets
Real assets, measurement input	0.073
Level III | Real Estate | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Real assets, measurement input	0
Level III | Real Estate | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Transaction Price
Level III Assets
Real assets, measurement input	0
Level III | Real Estate | Asset Management and Strategic Holdings | Minimum | Weight Ascribed to Direct Income Capitalization
Level III Assets
Real assets, measurement input	0
Level III | Real Estate | Asset Management and Strategic Holdings | Minimum | Current Capitalization Rate
Level III Assets
Real assets, measurement input	0.018
Level III | Real Estate | Asset Management and Strategic Holdings | Minimum | Exit Capitalization Rate
Level III Assets
Real assets, measurement input	0.031
Level III | Real Estate | Asset Management and Strategic Holdings | Minimum | Unlevered Discount Rate
Level III Assets
Real assets, measurement input	0.028
Level III | Real Estate | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Discounted Cash Flow
Level III Assets
Real assets, measurement input	1
Level III | Real Estate | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Transaction Price
Level III Assets
Real assets, measurement input	1
Level III | Real Estate | Asset Management and Strategic Holdings | Maximum | Weight Ascribed to Direct Income Capitalization
Level III Assets
Real assets, measurement input	1
Level III | Real Estate | Asset Management and Strategic Holdings | Maximum | Current Capitalization Rate
Level III Assets
Real assets, measurement input	0.076
Level III | Real Estate | Asset Management and Strategic Holdings | Maximum | Exit Capitalization Rate
Level III Assets
Real assets, measurement input	0.089
Level III | Real Estate | Asset Management and Strategic Holdings | Maximum | Unlevered Discount Rate
Level III Assets
Real assets, measurement input	0.250
Level III | AFS Corporate Securities | Insurance
Level III Assets
Securities, fair value	$ 10,004,068,000
Level III | AFS Corporate Securities | Insurance | Weighted Average | Discount Spread
Level III Assets
Securities, measurement input	0.025
Level III | AFS Corporate Securities | Insurance | Minimum | Discount Spread
Level III Assets
Securities, measurement input	0.004
Level III | AFS Corporate Securities | Insurance | Maximum | Discount Spread
Level III Assets
Securities, measurement input	0.051
Level III | Structured Securities | Insurance
Level III Assets
Securities, fair value	$ 2,830,057,000
Level III | Structured Securities | Insurance | Weighted Average | Discount Spread
Level III Assets
Securities, measurement input	0.028
Level III | Structured Securities | Insurance | Weighted Average | Constant Prepayment Rate
Level III Assets
Securities, measurement input	0.120
Level III | Structured Securities | Insurance | Weighted Average | Constant Default Rate
Level III Assets
Securities, measurement input	0.004
Level III | Structured Securities | Insurance | Weighted Average | Loss Severity
Level III Assets
Securities, measurement input	0.093
Level III | Structured Securities | Insurance | Minimum | Discount Spread
Level III Assets
Securities, measurement input	0.015
Level III | Structured Securities | Insurance | Minimum | Constant Prepayment Rate
Level III Assets
Securities, measurement input	0.100
Level III | Structured Securities | Insurance | Minimum | Constant Default Rate
Level III Assets
Securities, measurement input	0
Level III | Structured Securities | Insurance | Minimum | Loss Severity
Level III Assets
Securities, measurement input	0
Level III | Structured Securities | Insurance | Maximum | Discount Spread
Level III Assets
Securities, measurement input	0.051
Level III | Structured Securities | Insurance | Maximum | Constant Prepayment Rate
Level III Assets
Securities, measurement input	0.150
Level III | Structured Securities | Insurance | Maximum | Constant Default Rate
Level III Assets
Securities, measurement input	0.030
Level III | Structured Securities | Insurance | Maximum | Loss Severity
Level III Assets
Securities, measurement input	0.950

FAIR VALUE MEASUREMENTS - Instr

FAIR VALUE MEASUREMENTS - Instruments Not Carried At Fair Value (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022
Financial Liabilities:
Securities Sold Under Agreements to Repurchase	$ 210,636	$ 1,413,068
Insurance
Financial Assets:
Cash and Cash Equivalents	5,857,308	11,954,675	$ 4,316,606	$ 6,118,231
Restricted Cash and Cash Equivalents	388,369	342,954	$ 342,357	$ 308,383
Financial Liabilities:
Funds Withheld Payable at Interest	1,164,153	1,423,242
Securities Sold Under Agreements to Repurchase	202,688	1,358,434
Insurance | Level III
Financial Liabilities:
Policy Liabilities – Policyholder Account Balances	1,429,471
Insurance | Carrying Value
Financial Assets:
Mortgage and Other Loan Receivables	51,075,164	38,480,525
Policy Loans	1,610,448	1,556,030
FHLB Common Stock and Other Investments	175,412	173,148
Funds Withheld Receivables at Interest	2,458,943	2,624,984
Cash and Cash Equivalents	5,857,308	11,954,675
Restricted Cash and Cash Equivalents	388,369	342,954
Total Financial Assets	61,565,644	55,132,316
Financial Liabilities:
Policy Liabilities – Policyholder Account Balances	58,349,827	53,821,432
Funds Withheld Payable at Interest	46,984,445	36,786,825
Debt Obligations	3,811,218	2,587,857
Securities Sold Under Agreements to Repurchase	202,688	1,358,434
Total Financial Liabilities	109,348,178	94,554,548
Insurance | Fair Value
Financial Assets:
Mortgage and Other Loan Receivables	49,553,617	35,539,059
Policy Loans	1,610,038	1,341,005
FHLB Common Stock and Other Investments	175,412	173,148
Funds Withheld Receivables at Interest	2,458,943	2,624,984
Cash and Cash Equivalents	5,857,308	11,954,675
Restricted Cash and Cash Equivalents	388,369	342,954
Total Financial Assets	60,043,687	51,975,825
Financial Liabilities:
Policy Liabilities – Policyholder Account Balances	57,704,452	52,362,414
Funds Withheld Payable at Interest	46,984,445	36,786,825
Debt Obligations	3,851,908	2,396,587
Securities Sold Under Agreements to Repurchase	202,688	1,358,434
Total Financial Liabilities	108,743,493	92,904,260
Insurance | Fair Value | Level I
Financial Assets:
Mortgage and Other Loan Receivables	0	0
Policy Loans	0	0
FHLB Common Stock and Other Investments	0	0
Funds Withheld Receivables at Interest	0	0
Cash and Cash Equivalents	5,857,308	11,954,675
Restricted Cash and Cash Equivalents	388,369	342,954
Total Financial Assets	6,245,677	12,297,629
Financial Liabilities:
Policy Liabilities – Policyholder Account Balances	0	0
Funds Withheld Payable at Interest	0	0
Debt Obligations	0	0
Securities Sold Under Agreements to Repurchase	0	0
Total Financial Liabilities	0	0
Insurance | Fair Value | Level II
Financial Assets:
Mortgage and Other Loan Receivables	0	0
Policy Loans	0	0
FHLB Common Stock and Other Investments	0	0
Funds Withheld Receivables at Interest	2,458,943	2,624,984
Cash and Cash Equivalents	0	0
Restricted Cash and Cash Equivalents	0	0
Total Financial Assets	2,458,943	2,624,984
Financial Liabilities:
Policy Liabilities – Policyholder Account Balances	51,011,531	45,395,423
Funds Withheld Payable at Interest	46,984,445	36,786,825
Debt Obligations	0	0
Securities Sold Under Agreements to Repurchase	202,688	1,358,434
Total Financial Liabilities	98,198,664	83,540,682
Insurance | Fair Value | Level III
Financial Assets:
Mortgage and Other Loan Receivables	49,553,617	35,539,059
Policy Loans	1,610,038	1,341,005
FHLB Common Stock and Other Investments	175,412	173,148
Funds Withheld Receivables at Interest	0	0
Cash and Cash Equivalents	0	0
Restricted Cash and Cash Equivalents	0	0
Total Financial Assets	51,339,067	37,053,212
Financial Liabilities:
Policy Liabilities – Policyholder Account Balances	6,692,921	6,966,991
Funds Withheld Payable at Interest	0	0
Debt Obligations	3,851,908	2,396,587
Securities Sold Under Agreements to Repurchase	0	0
Total Financial Liabilities	$ 10,544,829	$ 9,363,578

FAIR VALUE OPTION - Financial I

FAIR VALUE OPTION - Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	$ 30,701,588	$ 30,326,496
Liabilities	27,503,444	26,598,959
Asset Management and Strategic Holdings
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	28,639,302	28,470,182
Liabilities	26,189,098	25,276,404
Insurance
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	2,062,286	1,856,314
Liabilities	1,314,346	1,322,555
Credit | Asset Management and Strategic Holdings
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	694,209	976,978
Investments of Consolidated CFEs | Asset Management and Strategic Holdings
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	25,862,833	24,996,298
Real Assets | Asset Management and Strategic Holdings
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	60,028	59,721
Equity Method - Other | Asset Management and Strategic Holdings
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	1,901,793	2,283,588
Mortgage and Other Loan Receivables | Insurance
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	596,375	697,402
Other Investments | Asset Management and Strategic Holdings
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	120,439	153,597
Other Investments | Insurance
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	510,570	232,877
Reinsurance Recoverable | Insurance
Fair Value, Option, Quantitative Disclosures [Line Items]
Assets	955,341	926,035
Debt Obligations of Consolidated CFEs | Asset Management and Strategic Holdings
Fair Value, Option, Quantitative Disclosures [Line Items]
Liabilities	26,189,098	25,276,404
Policy Liabilities | Insurance
Fair Value, Option, Quantitative Disclosures [Line Items]
Liabilities	$ 1,314,346	$ 1,322,555

FAIR VALUE OPTION - Change in F

FAIR VALUE OPTION - Change in Fair Value (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Assets
Net Realized Gains (Losses)	$ (76,662)	$ (17,080)	$ (51,523)	$ (26,743)
Net Unrealized Gains (Losses)	160,760	323,715	(53,198)	824,862
Total	84,098	306,635	(104,721)	798,119
Liabilities
Net Realized Gains (Losses)	(1,625)	(36)	(5,149)	(36)
Net Unrealized Gains (Losses)	(52,568)	(293,739)	15,421	(882,400)
Total	(54,193)	(293,775)	10,272	(882,436)
Asset Management and Strategic Holdings
Assets
Net Realized Gains (Losses)	(76,662)	(17,080)	(51,523)	(26,743)
Net Unrealized Gains (Losses)	145,768	337,888	(23,638)	888,507
Total	69,106	320,808	(75,161)	861,764
Liabilities
Net Realized Gains (Losses)	(1,625)	(36)	(5,149)	(36)
Net Unrealized Gains (Losses)	(38,405)	(306,057)	(28,114)	(941,210)
Total	(40,030)	(306,093)	(33,263)	(941,246)
Insurance
Assets
Net Realized Gains (Losses)	0	0	0	0
Net Unrealized Gains (Losses)	14,992	(14,173)	(29,560)	(63,645)
Total	14,992	(14,173)	(29,560)	(63,645)
Liabilities
Net Realized Gains (Losses)	0	0	0	0
Net Unrealized Gains (Losses)	(14,163)	12,318	43,535	58,810
Total	(14,163)	12,318	43,535	58,810
Credit | Asset Management and Strategic Holdings
Assets
Net Realized Gains (Losses)	(18,806)	(9,423)	(19,346)	(69,769)
Net Unrealized Gains (Losses)	34,420	(17,172)	32,454	39,123
Total	15,614	(26,595)	13,108	(30,646)
Investments of Consolidated CFEs | Asset Management and Strategic Holdings
Assets
Net Realized Gains (Losses)	(71,668)	(46,266)	(68,378)	(96,148)
Net Unrealized Gains (Losses)	46,225	370,853	54,177	939,835
Total	(25,443)	324,587	(14,201)	843,687
Real Assets | Asset Management and Strategic Holdings
Assets
Net Realized Gains (Losses)	0	0	0	51,637
Net Unrealized Gains (Losses)	2,159	(1,726)	307	(58,323)
Total	2,159	(1,726)	307	(6,686)
Equity Method - Other | Asset Management and Strategic Holdings
Assets
Net Realized Gains (Losses)	13,625	38,650	36,132	86,017
Net Unrealized Gains (Losses)	64,920	(14,738)	(109,483)	(31,038)
Total	78,545	23,912	(73,351)	54,979
Mortgage and Other Loan Receivables | Insurance
Assets
Net Realized Gains (Losses)	0	0	0	0
Net Unrealized Gains (Losses)	12,273	(4,711)	20,722	1,485
Total	12,273	(4,711)	20,722	1,485
Other Investments | Asset Management and Strategic Holdings
Assets
Net Realized Gains (Losses)	187	(41)	69	1,520
Net Unrealized Gains (Losses)	(1,956)	671	(1,093)	(1,090)
Total	(1,769)	630	(1,024)	430
Other Investments | Insurance
Assets
Net Realized Gains (Losses)	0	0	0	0
Net Unrealized Gains (Losses)	2,719	(9,462)	(50,282)	(65,130)
Total	2,719	(9,462)	(50,282)	(65,130)
Debt Obligations of Consolidated CFEs | Asset Management and Strategic Holdings
Liabilities
Net Realized Gains (Losses)	(1,625)	(36)	(5,149)	(36)
Net Unrealized Gains (Losses)	(38,405)	(306,057)	(28,114)	(941,210)
Total	(40,030)	(306,093)	(33,263)	(941,246)
Policy Liabilities | Insurance
Liabilities
Net Realized Gains (Losses)	0	0	0	0
Net Unrealized Gains (Losses)	(14,163)	12,318	43,535	58,810
Total	$ (14,163)	$ 12,318	$ 43,535	$ 58,810

INSURANCE INTANGIBLES, UNEARN_3

INSURANCE INTANGIBLES, UNEARNED REVENUE RESERVES AND UNEARNED FRONT-END LOADS - Reconciliation of Insurance Intangibles (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022
Present Value of Future Insurance Profit [Line Items]
Deferred Acquisition Costs, or "DAC"	$ 1,577,789	$ 1,154,697	$ 1,053,386	$ 820,970
Value of Business Acquired	1,187,234	1,252,984	$ 1,248,416	$ 1,316,529
Insurance
Present Value of Future Insurance Profit [Line Items]
Deferred Acquisition Costs, or "DAC"	1,577,789	1,154,697
Value of Business Acquired	1,187,234	1,252,984
Cost-of-reinsurance Intangibles	2,327,885	2,043,143
Total Insurance Intangibles	$ 5,092,908	$ 4,450,824

INSURANCE INTANGIBLES, UNEARN_4

INSURANCE INTANGIBLES, UNEARNED REVENUE RESERVES AND UNEARNED FRONT-END LOADS - Deferred Policy Acquisition Costs (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, as of the Beginning of the Period	$ 1,154,697	$ 820,970
Capitalizations	589,216	338,355
Amortization Expense	(166,124)	(105,939)
Balance, as of the End of the Period	1,577,789	1,053,386
Fixed Rate Annuities
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, as of the Beginning of the Period	373,863	221,679
Capitalizations	178,589	134,484
Amortization Expense	(78,606)	(45,989)
Balance, as of the End of the Period	473,846	310,174
Fixed Indexed Annuities
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, as of the Beginning of the Period	481,970	367,813
Capitalizations	292,109	129,891
Amortization Expense	(67,183)	(43,608)
Balance, as of the End of the Period	706,896	454,096
Interest Sensitive Life
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, as of the Beginning of the Period	132,079	116,021
Capitalizations	6,266	21,601
Amortization Expense	(6,486)	(5,357)
Balance, as of the End of the Period	131,859	132,265
Other
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, as of the Beginning of the Period	166,785	115,457
Capitalizations	112,252	52,379
Amortization Expense	(13,849)	(10,985)
Balance, as of the End of the Period	$ 265,188	$ 156,851

INSURANCE INTANGIBLES, UNEARN_5

INSURANCE INTANGIBLES, UNEARNED REVENUE RESERVES AND UNEARNED FRONT-END LOADS - Value of Business Acquired Asset (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Movement in Present Value of Future Insurance Profits [Roll Forward]
Balance, as of the Beginning of the Period	$ 1,252,984	$ 1,316,529
Amortization Expense	(65,750)	(68,113)
Balance, as of the End of the Period	1,187,234	1,248,416
Fixed Rate Annuities
Movement in Present Value of Future Insurance Profits [Roll Forward]
Balance, as of the Beginning of the Period	44,922	48,762
Amortization Expense	(2,784)	(2,893)
Balance, as of the End of the Period	42,138	45,869
Fixed Indexed Annuities
Movement in Present Value of Future Insurance Profits [Roll Forward]
Balance, as of the Beginning of the Period	621,372	663,296
Amortization Expense	(32,223)	(31,020)
Balance, as of the End of the Period	589,149	632,276
Interest Sensitive Life
Movement in Present Value of Future Insurance Profits [Roll Forward]
Balance, as of the Beginning of the Period	262,942	276,795
Amortization Expense	(10,212)	(10,338)
Balance, as of the End of the Period	252,730	266,457
Variable Annuities
Movement in Present Value of Future Insurance Profits [Roll Forward]
Balance, as of the Beginning of the Period	245,042	241,778
Amortization Expense	(15,491)	(18,414)
Balance, as of the End of the Period	229,551	223,364
Other
Movement in Present Value of Future Insurance Profits [Roll Forward]
Balance, as of the Beginning of the Period	78,706	85,898
Amortization Expense	(5,040)	(5,448)
Balance, as of the End of the Period	$ 73,666	$ 80,450

INSURANCE INTANGIBLES, UNEARN_6

INSURANCE INTANGIBLES, UNEARNED REVENUE RESERVES AND UNEARNED FRONT-END LOADS - Value of Business Acquired Liability (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Movement In Value Of Business Acquired Liability [Roll Forward]
Balance, as of the Beginning of the Period	$ 867,932	$ 1,004,124
Amortization Expense	(78,763)	(100,195)
Balance, as of the End of the Period	789,169	903,929
Fixed Rate Annuities
Movement In Value Of Business Acquired Liability [Roll Forward]
Balance, as of the Beginning of the Period	65,966	98,342
Amortization Expense	(17,221)	(24,725)
Balance, as of the End of the Period	48,745	73,617
Fixed Indexed Annuities
Movement In Value Of Business Acquired Liability [Roll Forward]
Balance, as of the Beginning of the Period	106,538	145,610
Amortization Expense	(24,518)	(29,519)
Balance, as of the End of the Period	82,020	116,091
Interest Sensitive Life
Movement In Value Of Business Acquired Liability [Roll Forward]
Balance, as of the Beginning of the Period	421,213	461,592
Amortization Expense	(22,349)	(26,634)
Balance, as of the End of the Period	398,864	434,958
Variable Annuities
Movement In Value Of Business Acquired Liability [Roll Forward]
Balance, as of the Beginning of the Period	91,295	99,776
Amortization Expense	(4,622)	(6,897)
Balance, as of the End of the Period	86,673	92,879
Other
Movement In Value Of Business Acquired Liability [Roll Forward]
Balance, as of the Beginning of the Period	182,920	198,804
Amortization Expense	(10,053)	(12,420)
Balance, as of the End of the Period	$ 172,867	$ 186,384

INSURANCE INTANGIBLES, UNEARN_7

INSURANCE INTANGIBLES, UNEARNED REVENUE RESERVES AND UNEARNED FRONT-END LOADS - Unearned Revenue Reserve (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]
Balance, as of the Beginning of the Period	$ 235,100
Balance, as of the End of the Period	290,200
Certain Universal Life Insurance Products And Preneed Contracts
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]
Balance, as of the Beginning of the Period	178,053	$ 118,186
Deferral	52,210	54,636
Amortized to Income during the Period	(12,010)	(8,480)
Balance, as of the End of the Period	$ 218,253	$ 164,342

INSURANCE INTANGIBLES, UNEARN_8

INSURANCE INTANGIBLES, UNEARNED REVENUE RESERVES AND UNEARNED FRONT-END LOADS - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024
Insurance [Abstract]
Amortization expense, assumption change	$ 1.1	$ 1.1	$ 1.1

REINSURANCE - Effects of Reinsu

REINSURANCE - Effects of Reinsurance Agreements (Details) - Insurance - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Policy Liabilities:
Direct	$ 82,402,530	$ 75,715,857
Assumed	101,647,880	84,342,414
Total Policy Liabilities	184,050,410	160,058,271
Ceded	(46,042,433)	(35,773,958)
Net Policy Liabilities	$ 138,007,977	$ 124,284,313

REINSURANCE - Credit Quality In

REINSURANCE - Credit Quality Indicator (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	$ 48,940,509	$ 39,343,524
Credit Enhancements	45,389,307	34,025,326
Net Reinsurance Credit Exposure	4,530,623	5,318,426
Credit loss allowance	23,200	21,000
A++
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	108,924	38,857
Credit Enhancements	0	0
Net Reinsurance Credit Exposure	108,924	38,857
A+
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	1,764,620	1,801,954
Credit Enhancements	0	0
Net Reinsurance Credit Exposure	1,764,620	1,801,954
A
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	2,149,024	2,212,800
Credit Enhancements	0	0
Net Reinsurance Credit Exposure	2,149,024	2,212,800
A-
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	4,108,309	4,430,484
Credit Enhancements	3,600,954	3,814,976
Net Reinsurance Credit Exposure	507,355	615,508
B++
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	700	589
Credit Enhancements	0	0
Net Reinsurance Credit Exposure	700	589
B+
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	0	0
Credit Enhancements	0	0
Net Reinsurance Credit Exposure	0	0
B
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	0	0
Credit Enhancements	0	0
Net Reinsurance Credit Exposure	0	0
B-
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	0	0
Credit Enhancements	0	0
Net Reinsurance Credit Exposure	0	0
C++/C+
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	(230)	(228)
Credit Enhancements	0	0
Net Reinsurance Credit Exposure	0	0
Not Rated or Private Rating
Ceded Credit Risk [Line Items]
Reinsurance Recoverable and Funds Withheld Receivable at Interest	40,809,162	30,859,068
Credit Enhancements	41,788,353	30,210,350
Net Reinsurance Credit Exposure	0	648,718
Net reinsurance credit exposure associated with cessions to co-investment vehicles	$ 40,800,000	$ 30,800,000

REINSURANCE - Narrative (Detail

REINSURANCE - Narrative (Details) $ in Millions	Sep. 30, 2024 USD ($) counterparty	Dec. 31, 2023 USD ($) counterparty
Effects of Reinsurance [Line Items]
Funds withheld receivable at interest	$ 2,600	$ 2,700
Number of counterparties | counterparty	6	6
Collateral held on behalf of reinsurers	$ 46,900	$ 36,700
Collateral held on our behalf by reinsurers	1,200	1,200
Reinsurer collateral, minimum amount held by trusts	98,900	81,800
Reinsurer collateral, reserves supported by trust assets	97,300	79,400
Cash Held In Trust
Effects of Reinsurance [Line Items]
Restricted cash	$ 186.1	$ 90.8

REINSURANCE - Effects of Rein_2

REINSURANCE - Effects of Reinsurance on Statements of Operations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Net Premiums:
Direct	$ 128,276	$ 26,153	$ 293,649	$ 92,061
Assumed	893,449	435,931	11,625,814	2,189,835
Ceded	(400,507)	(241,872)	(4,325,929)	(961,631)
Net Premiums	621,218	220,212	7,593,534	1,320,265
Policy Fees:
Direct	235,567	229,351	691,415	686,251
Assumed	377,621	104,842	816,592	315,104
Ceded	(237,817)	(20,177)	(469,789)	(58,155)
Net Policy Fees	375,371	314,016	1,038,218	943,200
Net Policy Benefits and Claims:
Direct	1,340,829	302,553	3,137,429	2,035,840
Assumed	2,162,227	767,329	14,544,107	3,367,807
Ceded	(1,081,361)	(322,644)	(5,799,612)	(1,393,341)
Net Policy Benefits and Claims	$ 2,421,695	$ 747,238	$ 11,881,924	$ 4,010,306

NET INCOME (LOSS) ATTRIBUTABL_3

NET INCOME (LOSS) ATTRIBUTABLE TO KKR & CO. INC. PER SHARE OF COMMON STOCK - Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
NET INCOME (LOSS) ATTRIBUTABLE TO KKR & CO. INC. PER SHARE OF COMMON STOCK
Net Income (Loss) Available to KKR & Co. Inc. Common Stockholders - Basic	$ 600,550	$ 1,472,878	$ 1,950,690	$ 2,640,085
Net Income (Loss) Available to KKR & Co. Inc. Common Stockholders - Diluted	600,550	1,490,126	1,950,690	2,691,832
Series C Mandatory Convertible Preferred Stock Dividends
NET INCOME (LOSS) ATTRIBUTABLE TO KKR & CO. INC. PER SHARE OF COMMON STOCK
Series C Mandatory Convertible Preferred Dividend (if dilutive)	$ 0	$ 17,248	$ 0	$ 51,747
Incremental Common Shares:
Assumed conversion of Series C Mandatory Convertible Preferred Stock (in shares)	0	22,521,288	0	25,397,130
Common Stock
Basic Net Income (Loss) Per Share of Common Stock
Weighted Average Shares of Common Stock Outstanding - Basic (in shares)	887,444,991	862,123,088	886,618,138	861,598,674
Net Income (Loss) Attributable to KKR & Co. Inc. Per Share of Common Stock - Basic (in dollars per share)	$ 0.68	$ 1.71	$ 2.20	$ 3.06
Diluted Net Income (Loss) Per Share of Common Stock
Weighted Average Shares of Common Stock Outstanding - Basic (in shares)	887,444,991	862,123,088	886,618,138	861,598,674
Incremental Common Shares:
Assumed vesting of dilutive equity awards (in shares)	54,522,488	24,412,604	46,461,239	24,720,901
Weighted Average Shares of Common Stock Outstanding - Diluted (in shares)	941,967,479	909,056,980	933,079,377	911,716,705
Net Income (Loss) Attributable to KKR & Co. Inc. Per Share of Common Stock - Diluted (in dollars per share)	$ 0.64	$ 1.64	$ 2.09	$ 2.95

NET INCOME (LOSS) ATTRIBUTABL_4

NET INCOME (LOSS) ATTRIBUTABLE TO KKR & CO. INC. PER SHARE OF COMMON STOCK - Antidilutive Securities (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Restricted Holding Units (RHUs)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Weighted Average Vested Restricted Holdings Units (in shares)	7,000,723	3,909,477	6,584,764	3,495,802

NET INCOME (LOSS) ATTRIBUTABL_5

NET INCOME (LOSS) ATTRIBUTABLE TO KKR & CO. INC. PER SHARE OF COMMON STOCK - Narrative (Details) - shares shares in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Common Stock | Market Condition Awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock excluded from earnings per share calculation (in shares)	16.6	26.8	25.3	23.9

OTHER ASSETS AND ACCRUED EXPE_3

OTHER ASSETS AND ACCRUED EXPENSES AND OTHER LIABILITIES - Other Assets (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Segment Reporting, Asset Reconciling Item [Line Items]
Market Risk Benefit Asset	$ 377		$ 377		$ 17
Total Other Assets	11,366,677		11,366,677		9,858,930
KJR Management | Goodwill
Segment Reporting, Asset Reconciling Item [Line Items]
Cumulative foreign currency translation adjustments included in AOCI	(42,700)		(42,700)
KJR Management | Finite-Lived Intangible Assets
Segment Reporting, Asset Reconciling Item [Line Items]
Cumulative foreign currency translation adjustments included in AOCI	(145,700)		(145,700)
Asset Management and Strategic Holdings
Segment Reporting, Asset Reconciling Item [Line Items]
Unsettled Investment Sales and Derivative Collateral Receivables	462,971		462,971		271,544
Receivables	293,465		293,465		55,602
Due from Broker	103,350		103,350		76,075
Deferred Tax Assets, net	49,474		49,474		48,580
Interest Receivable	300,983		300,983		351,999
Fixed Assets, net	866,805		866,805		863,096
Foreign Exchange Contracts and Options	180,689		180,689		264,621
Goodwill	549,800		549,800		558,279
Intangible Assets	1,595,252		1,595,252		1,624,648
Derivative Assets	2,442		2,442		4,792
Prepaid Taxes	97,727		97,727		211,966
Prepaid Expenses	$ 73,033		$ 73,033		$ 56,828
Operating lease, right-of-use asset, statement of financial position	Total Other Assets		Total Other Assets		Total Other Assets
Operating Lease Right of Use Assets	$ 693,181		$ 693,181		$ 358,684
Deferred Financing Costs	20,776		20,776		19,213
Other	262,270		262,270		209,296
Total Other Assets	5,552,218		5,552,218		4,975,223
Accumulated depreciation and amortization of fixed assets	309,900		309,900		257,400
Depreciation and amortization expense of fixed assets	18,400	$ 18,300	54,300	$ 50,700
Operating lease cost	25,800	17,600	59,000	51,000
Insurance
Segment Reporting, Asset Reconciling Item [Line Items]
Unsettled Investment Sales and Derivative Collateral Receivables	139,468		139,468		27,562
Deferred Tax Assets, net	2,579,891		2,579,891		2,273,757
Goodwill	501,496		501,496		501,496
Derivative Assets	86,075		86,075		45,694
Accrued Investment Income	1,491,638		1,491,638		1,220,781
Prepaid Taxes	49,748		49,748		42,294
Intangible Assets and Deferred Sales Inducements	$ 333,373		$ 333,373		$ 258,529
Operating lease, right-of-use asset, statement of financial position	Total Other Assets		Total Other Assets		Total Other Assets
Operating Lease Right of Use Assets	$ 167,824		$ 167,824		$ 172,955
Deferred Financing Costs	(58,600)		(58,600)		(36,500)
Premiums and Other Account Receivables	241,840		241,840		188,136
Other	222,729		222,729		152,486
Market Risk Benefit Asset	377		377		17
Total Other Assets	5,814,459		5,814,459		$ 4,883,707
Operating lease cost	$ 5,000	7,000	$ 14,900	20,600
Definite lived intangible assets, useful life	13 years		13 years
Amortization expense	$ 4,700	$ 4,400	$ 13,500	$ 13,200

OTHER ASSETS AND ACCRUED EXPE_4

OTHER ASSETS AND ACCRUED EXPENSES AND OTHER LIABILITIES - Accounts Payable, Accrued Expenses and Other Liabilities (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Lessee, Lease, Description [Line Items]
Securities Sold Under Agreements to Repurchase	$ 210,636	$ 1,413,068
Total Accrued Expenses and Other Liabilities	14,195,745	10,974,421
Asset Management and Strategic Holdings
Lessee, Lease, Description [Line Items]
Amounts Payable to Carry Pool	4,710,805	2,664,694
Unsettled Investment Purchases and Derivative Collateral Liabilities	1,250,848	574,986
Securities Sold Short	106,708	149,136
Derivative Liabilities	3,595	2,382
Accrued Compensation and Benefits	384,923	210,625
Interest Payable	491,225	492,501
Foreign Exchange Contracts and Options	575,940	441,608
Accounts Payable and Accrued Expenses	508,589	221,851
Taxes Payable	167,272	39,255
Uncertain Tax Positions	26,433	23,579
Unfunded Revolver Commitments	$ 103,926	$ 94,683
Operating lease, liability, statement of financial position	Total Accrued Expenses and Other Liabilities	Total Accrued Expenses and Other Liabilities
Operating Lease Liabilities	$ 705,583	$ 360,852
Deferred Tax Liabilities, net	2,707,971	2,370,118
Other Liabilities	175,867	72,145
Total Accrued Expenses and Other Liabilities	$ 11,919,685	$ 7,718,415
Operating lease, weighted average remaining lease term	13 years 3 months 18 days	10 years 3 months 18 days
Operating lease, weighted average discount rate	3.60%	2.90%
Asset Management and Strategic Holdings | Minimum
Lessee, Lease, Description [Line Items]
Operating lease, remaining lease term	1 year
Operating lease, maximum extension term	5 years
Asset Management and Strategic Holdings | Maximum
Lessee, Lease, Description [Line Items]
Operating lease, remaining lease term	16 years
Operating lease, maximum extension term	10 years
Insurance
Lessee, Lease, Description [Line Items]
Unsettled Investment Purchases and Derivative Collateral Liabilities	$ 592,023	$ 205,669
Derivative Liabilities	191,626	146,197
Interest Payable	$ 64,665	$ 15,894
Operating lease, liability, statement of financial position	Total Accrued Expenses and Other Liabilities	Total Accrued Expenses and Other Liabilities
Operating Lease Liabilities	$ 188,643	$ 193,566
Securities Sold Under Agreements to Repurchase	202,688	1,358,434
Accrued Expenses	567,668	607,262
Insurance Operations Balances in Course of Settlement	241,481	250,367
Accrued Employee Related Expenses	122,243	370,984
Tax Payable to Former Parent Company	48,932	62,545
Accounts and Commissions Payable	36,117	32,104
Other Tax Related Liabilities	19,974	12,984
Total Accrued Expenses and Other Liabilities	$ 2,276,060	$ 3,256,006
Operating lease, weighted average remaining lease term	7 years 6 months	7 years 7 months 6 days
Operating lease, weighted average discount rate	4.70%	4.40%
Operating lease, optional extension period	10 years
Insurance | Land
Lessee, Lease, Description [Line Items]
Operating lease, weighted average remaining lease term	42 years 8 months 12 days	43 years 8 months 12 days
Insurance | Minimum
Lessee, Lease, Description [Line Items]
Operating lease, remaining lease term	1 year
Insurance | Maximum
Lessee, Lease, Description [Line Items]
Operating lease, remaining lease term	11 years

VARIABLE INTEREST ENTITIES - Na

VARIABLE INTEREST ENTITIES - Narrative (Details) - Investments in Unconsolidated Investment Funds $ in Millions	Sep. 30, 2024 USD ($)
Asset Management and Strategic Holdings
Variable Interest Entity [Line Items]
Commitment to unconsolidated investment funds	$ 3,100
Insurance
Variable Interest Entity [Line Items]
Unfunded commitments	$ 25.8

VARIABLE INTEREST ENTITIES - Ma

VARIABLE INTEREST ENTITIES - Maximum Exposure to Loss (Details) - Investments in Unconsolidated CLO Vehicles - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Variable Interest Entity [Line Items]
Total Maximum Exposure to Loss	$ 12,353,483	$ 9,200,593
Asset Management and Strategic Holdings
Variable Interest Entity [Line Items]
Investments	9,923,819	7,877,904
Due from (to) Affiliates, net	1,623,889	1,097,939
Total Maximum Exposure to Loss	11,547,708	8,975,843
Insurance
Variable Interest Entity [Line Items]
Investments	761,013	169,265
Investment in Renewable Energy	44,762	55,485
Total Maximum Exposure to Loss	$ 805,775	$ 224,750

DEBT OBLIGATIONS - Components o

DEBT OBLIGATIONS - Components of Debt Obligations (Details) - Asset Management and Strategic Holdings - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Financing Available	$ 10,819,037	$ 9,605,184
Principal	46,233,585	45,414,041
Carrying Value	45,641,569	44,886,870
Fair  Value	44,820,956	43,681,627
Total KKR & KFN Notes
Debt Instrument [Line Items]
Principal	8,764,220	8,139,538
Carrying Value	8,622,715	7,978,871
Fair  Value	7,871,531	6,981,707
Revolving Credit Facility
Debt Instrument [Line Items]
Financing Available	4,218,644	2,986,492
Revolving Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Financing Available	4,218,644	2,986,492
Under 1 Year | Revolving Credit Facility
Debt Instrument [Line Items]
Financing Available	750,000	750,000
1-5 Years | Revolving Credit Facility
Debt Instrument [Line Items]
Financing Available	3,468,644	2,236,492
After 5 Years | Revolving Credit Facility
Debt Instrument [Line Items]
Financing Available	0	0
KKR USD Senior Notes | Senior Notes
Debt Instrument [Line Items]
Principal	5,000,000	5,000,000
Carrying Value	4,910,682	4,890,919
Fair  Value	$ 4,377,450	$ 4,181,595
Weighted average interest rate (percentage)	4.23%	4.23%
Under 1 Year | Senior Notes
Debt Instrument [Line Items]
Principal	$ 0	$ 0
Carrying Value	0	0
Fair  Value	0	0
1-5 Years | Senior Notes
Debt Instrument [Line Items]
Principal	750,000	0
Carrying Value	745,778	0
Fair  Value	727,988	0
After 5 Years | Senior Notes
Debt Instrument [Line Items]
Principal	4,250,000	5,000,000
Carrying Value	4,164,904	4,890,919
Fair  Value	3,649,462	4,181,595
KKR Yen Senior Notes | Senior Notes
Debt Instrument [Line Items]
Principal	1,591,953	973,621
Carrying Value	1,581,283	966,033
Fair  Value	$ 1,568,168	$ 943,544
Weighted average interest rate (percentage)	1.67%	1.46%
Under 1 Year | Senior Notes
Debt Instrument [Line Items]
Principal	$ 34,804	$ 0
Carrying Value	34,750	0
Fair  Value	34,751	0
1-5 Years | Senior Notes
Debt Instrument [Line Items]
Principal	909,091	610,552
Carrying Value	905,522	608,047
Fair  Value	904,937	606,447
After 5 Years | Senior Notes
Debt Instrument [Line Items]
Principal	648,058	363,069
Carrying Value	641,011	357,986
Fair  Value	628,480	337,097
KKR Euro Senior Notes | Senior Notes
Debt Instrument [Line Items]
Principal	723,750	717,400
Carrying Value	719,373	712,331
Fair  Value	$ 679,022	$ 646,248
Weighted average interest rate (percentage)	1.63%	1.63%
Under 1 Year | Senior Notes
Debt Instrument [Line Items]
Principal	$ 0	$ 0
Carrying Value	0	0
Fair  Value	0	0
1-5 Years | Senior Notes
Debt Instrument [Line Items]
Principal	723,750	717,400
Carrying Value	719,373	712,331
Fair  Value	679,022	646,248
After 5 Years | Senior Notes
Debt Instrument [Line Items]
Principal	0	0
Carrying Value	0	0
Fair  Value	0	0
KKR Subordinated Notes | Subordinated Notes
Debt Instrument [Line Items]
Principal	500,000	500,000
Carrying Value	487,022	486,755
Fair  Value	$ 407,800	$ 377,400
Weighted average interest rate (percentage)	4.63%	4.63%
Under 1 Year | Subordinated Notes
Debt Instrument [Line Items]
Principal	$ 0	$ 0
Carrying Value	0	0
Fair  Value	0	0
1-5 Years | Subordinated Notes
Debt Instrument [Line Items]
Principal	0	0
Carrying Value	0	0
Fair  Value	0	0
After 5 Years | Subordinated Notes
Debt Instrument [Line Items]
Principal	500,000	500,000
Carrying Value	487,022	486,755
Fair  Value	407,800	377,400
KFN USD Senior Notes | Senior Notes | KFN
Debt Instrument [Line Items]
Principal	690,000	690,000
Carrying Value	684,555	684,032
Fair  Value	$ 630,845	$ 624,018
Weighted average interest rate (percentage)	5.44%	5.44%
Under 1 Year | Senior Notes | KFN
Debt Instrument [Line Items]
Principal	$ 0	$ 0
Carrying Value	0	0
Fair  Value	0	0
1-5 Years | Senior Notes | KFN
Debt Instrument [Line Items]
Principal	0	0
Carrying Value	0	0
Fair  Value	0	0
After 5 Years | Senior Notes | KFN
Debt Instrument [Line Items]
Principal	690,000	690,000
Carrying Value	684,555	684,032
Fair  Value	630,845	624,018
KFN Junior Subordinated Notes | Junior Subordinated Notes | KFN
Debt Instrument [Line Items]
Principal	258,517	258,517
Carrying Value	239,800	238,801
Fair  Value	$ 208,246	$ 208,902
Weighted average interest rate (percentage)	8%	8.10%
Weighted average remaining maturity (in years)	12 years	12 years 9 months 18 days
Under 1 Year | Junior Subordinated Notes | KFN
Debt Instrument [Line Items]
Principal	$ 0	$ 0
Carrying Value	0	0
Fair  Value	0	0
1-5 Years | Junior Subordinated Notes | KFN
Debt Instrument [Line Items]
Principal	0	0
Carrying Value	0	0
Fair  Value	0	0
After 5 Years | Junior Subordinated Notes | KFN
Debt Instrument [Line Items]
Principal	258,517	258,517
Carrying Value	239,800	238,801
Fair  Value	208,246	208,902
Other Debt Obligations
Debt Instrument [Line Items]
Financing Available	6,600,393	6,618,692
Principal	37,469,365	37,274,503
Carrying Value	37,018,854	36,907,999
Fair  Value	$ 36,949,425	$ 36,699,920

DEBT OBLIGATIONS - Third Amende

DEBT OBLIGATIONS - Third Amended and Restated Credit Agreement (Details) - Corporate Credit Agreement - Revolving Credit Facilities	Jul. 03, 2024 USD ($)
Debt Instrument [Line Items]
Covenant, leverage ratio, maximum	4
Covenant, fee paying assets under management, minimum amount	$ 150,000,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility, current borrowing capacity	2,750,000,000
Line of credit facility, maximum borrowing capacity, increase limit	750,000,000
Line of credit facility, maximum borrowing capacity	$ 3,500,000,000
Debt instrument, term	5 years

DEBT OBLIGATIONS - KKR Group Fi

DEBT OBLIGATIONS - KKR Group Finance Co. XI LLC May 2024 Notes Offering (Details) - Senior Notes - KKR Group Finance Co. XI LLC	May 30, 2024 JPY (¥)
Senior Notes Due 2029
Debt Instrument [Line Items]
Aggregate principal amount	¥ 44,600,000,000
Interest rate, stated percentage	1.559%
Senior Notes Due 2031
Debt Instrument [Line Items]
Aggregate principal amount	¥ 1,000,000,000
Interest rate, stated percentage	1.762%
Senior Notes Due 2034
Debt Instrument [Line Items]
Aggregate principal amount	¥ 26,200,000,000
Interest rate, stated percentage	2.083%
Senior Notes Due 2044
Debt Instrument [Line Items]
Aggregate principal amount	¥ 10,000,000,000
Interest rate, stated percentage	2.719%
Senior Notes Due 2054
Debt Instrument [Line Items]
Aggregate principal amount	¥ 9,600,000,000
Interest rate, stated percentage	3.008%
Default percentage of aggregate principal amount of notes outstanding (not less than)	25%
Repurchase price in cash, percentage of aggregate principal amount	101%

DEBT OBLIGATIONS - KCM 364-Day

DEBT OBLIGATIONS - KCM 364-Day Revolving Credit Facility (Details) - Revolving Credit Facility - Asset Management and Strategic Holdings - USD ($)	Apr. 04, 2024	Apr. 07, 2023
KCM 364-Day Revolving Credit Facility
Debt Instrument [Line Items]
Debt instrument, term	364 days
Line of credit facility, maximum borrowing capacity	$ 750,000,000
KCM 364-Day Revolving Credit Facility | Sterling Overnight Interbank Average Rate (SONIA) | Revolving Credit Facilities | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.50%
KCM 364-Day Revolving Credit Facility | Sterling Overnight Interbank Average Rate (SONIA) | Revolving Credit Facilities | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2.75%
KCM 364-Day Revolving Credit Facility | Federal Funds Rate | Revolving Credit Facilities
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.50%
KCM 364-Day Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) | Revolving Credit Facilities
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1%
KCM 364-Day Revolving Credit Facility | Base Rate | Revolving Credit Facilities | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.50%
KCM 364-Day Revolving Credit Facility | Base Rate | Revolving Credit Facilities | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.75%
KCM Short-term Credit Agreement
Debt Instrument [Line Items]
Debt instrument, term		364 days
KCM Credit Facility
Debt Instrument [Line Items]
Debt instrument, term	5 years
Line of credit facility, maximum borrowing capacity	$ 750,000,000
KCM Credit Facility | Sterling Overnight Interbank Average Rate (SONIA) | Revolving Credit Facilities | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.75%
KCM Credit Facility | Sterling Overnight Interbank Average Rate (SONIA) | Revolving Credit Facilities | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	3%
KCM Credit Facility | Federal Funds Rate | Revolving Credit Facilities
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.50%
KCM Credit Facility | Secured Overnight Financing Rate (SOFR) | Revolving Credit Facilities
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1%
KCM Credit Facility | Base Rate | Revolving Credit Facilities | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.75%
KCM Credit Facility | Base Rate | Revolving Credit Facilities | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2%

DEBT OBLIGATIONS - KCM Credit F

DEBT OBLIGATIONS - KCM Credit Facility (Details) - KCM Credit Facility - Asset Management and Strategic Holdings	Apr. 04, 2024 USD ($)
Revolving Credit Facility
Debt Instrument [Line Items]
Debt instrument, term	5 years
Line of credit facility, maximum borrowing capacity	$ 750,000,000
Revolving Credit Facility | Sterling Overnight Interbank Average Rate (SONIA) | Revolving Credit Facilities | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.75%
Revolving Credit Facility | Sterling Overnight Interbank Average Rate (SONIA) | Revolving Credit Facilities | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	3%
Revolving Credit Facility | Federal Funds Rate | Revolving Credit Facilities
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.50%
Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) | Revolving Credit Facilities
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1%
Revolving Credit Facility | Base Rate | Revolving Credit Facilities | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.75%
Revolving Credit Facility | Base Rate | Revolving Credit Facilities | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2%
Letter of Credit | Revolving Credit Facilities
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 750,000,000

DEBT OBLIGATIONS - Other Asset

DEBT OBLIGATIONS - Other Asset Management and Strategic Holdings Debt Obligations (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Debt Instrument [Line Items]
Total assets	$ 360,655,876	$ 317,294,194	$ 288,732,956
Consolidated VIEs
Debt Instrument [Line Items]
Total assets	119,274,811	109,927,538
Consolidated VIEs | Consolidated CFEs
Debt Instrument [Line Items]
Total assets	28,801,226	27,135,648
Asset Management and Strategic Holdings
Debt Instrument [Line Items]
Financing Available	10,819,037	9,605,184
Principal	46,233,585	45,414,041
Carrying Value	45,641,569	44,886,870
Fair  Value	44,820,956	43,681,627
Total assets	120,605,238	113,567,367
Asset Management and Strategic Holdings | Consolidated VIEs
Debt Instrument [Line Items]
Carrying Value	34,215,521	33,830,853
Total assets	90,693,210	86,096,876
Asset Management and Strategic Holdings | Consolidated VIEs | Consolidated CFEs
Debt Instrument [Line Items]
Carrying Value	26,189,098	25,276,404
Total assets	28,801,226	27,135,648
Financing Facilities of Consolidated Funds and Other | Asset Management and Strategic Holdings
Debt Instrument [Line Items]
Financing Available	6,600,393
Principal	10,849,643
Carrying Value	10,829,756
Fair  Value	$ 10,760,327
Weighted Average Interest Rate	6.20%
Weighted Average Remaining Maturity in Years	4 years 4 months 24 days
Borrowings collateralized by fund investments	$ 2,800,000
Debt Obligations of Consolidated CFEs | Asset Management and Strategic Holdings | Consolidated CFE
Debt Instrument [Line Items]
Financing Available	0
Principal	26,619,722
Carrying Value	26,189,098
Fair  Value	$ 26,189,098
Weighted Average Interest Rate	6.70%
Weighted Average Remaining Maturity in Years	10 years
Other Debt Obligations | Asset Management and Strategic Holdings
Debt Instrument [Line Items]
Financing Available	$ 6,600,393	6,618,692
Principal	37,469,365	37,274,503
Carrying Value	37,018,854	36,907,999
Fair  Value	$ 36,949,425	$ 36,699,920

DEBT OBLIGATIONS - Global Atlan

DEBT OBLIGATIONS - Global Atlantic's Debt Obligations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Debt
Debt Instrument [Line Items]
Cumulative amount of fair value hedging adjustments included in the carrying amount of hedged assets/(liabilities)	$ (98,292)		$ (98,292)		$ (165,817)
Insurance
Debt Instrument [Line Items]
Financing Available	1,307,700		1,307,700		800,000
Principal	3,932,300		3,932,300		2,750,000
Carrying Value	3,811,218		3,811,218		2,587,857
Fair  Value	3,972,990		3,972,990		2,558,730
Purchase accounting adjustments	35,800		35,800		40,200
Deferred Financing Costs	(58,600)		(58,600)		$ (36,500)
Amortization of purchase accounting adjustments	$ 1,800	$ 800	$ 4,300	$ 2,300
Insurance | Senior Notes
Debt Instrument [Line Items]
Weighted Average Interest Rate	5.67%		5.67%		5.22%
Insurance | Subordinated Notes
Debt Instrument [Line Items]
Weighted Average Interest Rate	6.14%		6.14%		4.70%
Revolving Credit Facility | Insurance
Debt Instrument [Line Items]
Principal	$ 0		$ 0		$ 200,000
Carrying Value	0		0		200,000
Fair  Value	0		0		200,000
Under 1 Year | Insurance
Debt Instrument [Line Items]
Principal	0		0		0
Carrying Value	0		0		0
Fair  Value	0		0		0
1-5 Years | Insurance
Debt Instrument [Line Items]
Principal	0		0		200,000
Carrying Value	0		0		200,000
Fair  Value	0		0		200,000
After 5 Years | Insurance
Debt Instrument [Line Items]
Principal	0		0		0
Carrying Value	0		0		0
Fair  Value	0		0		0
Senior Notes | Insurance | Senior Notes
Debt Instrument [Line Items]
Principal	2,550,000		2,550,000		1,800,000
Carrying Value	2,449,420		2,449,420		1,648,467
Fair  Value	2,594,710		2,594,710		1,715,155
Under 1 Year | Insurance | Senior Notes
Debt Instrument [Line Items]
Principal	0		0		0
Carrying Value	0		0		0
Fair  Value	0		0		0
1-5 Years | Insurance | Senior Notes
Debt Instrument [Line Items]
Principal	0		0		0
Carrying Value	0		0		0
Fair  Value	0		0		0
After 5 Years | Insurance | Senior Notes
Debt Instrument [Line Items]
Principal	2,550,000		2,550,000		1,800,000
Carrying Value	2,449,420		2,449,420		1,648,467
Fair  Value	2,594,710		2,594,710		1,715,155
Subordinated Notes | Insurance | Subordinated Notes
Debt Instrument [Line Items]
Principal	1,350,000		1,350,000		750,000
Carrying Value	1,329,498		1,329,498		739,390
Fair  Value	1,345,980		1,345,980		643,575
Under 1 Year | Insurance | Subordinated Notes
Debt Instrument [Line Items]
Principal	0		0		0
Carrying Value	0		0		0
Fair  Value	0		0		0
1-5 Years | Insurance | Subordinated Notes
Debt Instrument [Line Items]
Principal	0		0		0
Carrying Value	0		0		0
Fair  Value	0		0		0
After 5 Years | Insurance | Subordinated Notes
Debt Instrument [Line Items]
Principal	1,350,000		1,350,000		750,000
Carrying Value	1,329,498		1,329,498		739,390
Fair  Value	1,345,980		1,345,980		643,575
Debt Obligations of Consolidated Special Purpose Vehicles | Insurance
Debt Instrument [Line Items]
Financing Available	307,700		307,700		0
Principal	32,300		32,300		0
Carrying Value	32,300		32,300		0
Fair  Value	32,300		32,300		0
Revolving Credit Facility | Revolving Credit Facility | Insurance
Debt Instrument [Line Items]
Financing Available	1,000,000		1,000,000		800,000
Revolving Credit Facility | Under 1 Year | Insurance
Debt Instrument [Line Items]
Financing Available	0		0		0
Revolving Credit Facility | 1-5 Years | Insurance
Debt Instrument [Line Items]
Financing Available	1,000,000		1,000,000		800,000
Revolving Credit Facility | After 5 Years | Insurance
Debt Instrument [Line Items]
Financing Available	$ 0		$ 0		$ 0

DEBT OBLIGATIONS - Senior Notes

DEBT OBLIGATIONS - Senior Notes (Details) - Senior Notes - Global Atlantic Senior Notes Due 2054 - Insurance	1 Months Ended
	Mar. 31, 2024 USD ($)
Debt Instrument [Line Items]
Aggregate principal amount	$ 750,000,000
Interest rate, stated percentage	6.75%
Redemption price percentage	100%

DEBT OBLIGATIONS - Subordinated

DEBT OBLIGATIONS - Subordinated Notes (Details) - Global Atlantic Subordinated Debentures Due 2054 - Subordinated Debt - Insurance - USD ($)		9 Months Ended
	Jun. 11, 2024	Sep. 30, 2024
Debt Instrument [Line Items]
Aggregate principal amount	$ 600,000,000
Interest rate, stated percentage	7.95%
Debt instrument, basis spread on variable rate		3.608%
Payment deferral term	5 years
Debt instrument, period before subsequent interest reset	3 months
Redemption Period One
Debt Instrument [Line Items]
Redemption price percentage	100%
Redemption Period Two
Debt Instrument [Line Items]
Redemption price percentage	100%
Redemption Period Three
Debt Instrument [Line Items]
Redemption price percentage	102%
Redemption Period Four
Debt Instrument [Line Items]
Redemption price percentage	100%

DEBT OBLIGATIONS - Global Atl_2

DEBT OBLIGATIONS - Global Atlantic Credit Agreement (Details) - Insurance - USD ($)		1 Months Ended
	May 31, 2024	Mar. 31, 2024
Global Atlantic Senior Notes Due 2054 | Senior Notes
Debt Instrument [Line Items]
Debt instrument repaid amount		$ 300,000,000
Revolving Credit Facility | Global Atlantic Credit Agreement | Revolving Credit Facilities
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 1,000,000,000
Revolving Credit Facility | Global Atlantic Credit Agreement | Minimum | Revolving Credit Facilities
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.225%
Commitment fee percentage	0.125%
Revolving Credit Facility | Global Atlantic Credit Agreement | Maximum | Revolving Credit Facilities
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.975%
Commitment fee percentage	0.30%
Letter of Credit | Global Atlantic Credit Agreement | Revolving Credit Facilities
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 500,000,000

POLICY LIABILITIES - Compositio

POLICY LIABILITIES - Composition of Policyholder Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022
Liability for Future Policy Benefit, Activity [Line Items]
Policyholders’ Account Balances	$ 135,579,783	$ 125,187,354	$ 113,904,421	$ 112,281,884
Market Risk Benefit Liability	1,115,874	1,120,968
Embedded derivative	5,800,000	4,000,000
Cost-of-reinsurance liabilities	3,100,000	1,800,000
Liability for future policy benefits, fair value option	1,200,000	1,200,000
Negative VOBA	789,169	867,932	$ 903,929	$ 1,004,124
Policy liabilities, outstanding claims	290,200	235,100
Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Policyholders’ Account Balances	135,579,783	125,187,354
Liability for Future Policy Benefits	28,106,885	17,823,750
Additional Liability for Annuitization, Death, or Other Insurance Benefits	7,419,341	7,129,785
Market Risk Benefit Liability	1,115,874	1,120,968
Other Policy-related Liabilities	11,828,527	8,796,414
Total Policy Liabilities	$ 184,050,410	$ 160,058,271

POLICY LIABILITIES - Balance an

POLICY LIABILITIES - Balance and Changes In Policyholder Account Balances (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Policyholder Account Balance [Roll Forward]
Beginning balance	$ 125,187,354	$ 112,281,884
Issuances and Premiums Received	25,055,162	12,529,379
Benefit Payments, Surrenders, and Withdrawals	(16,990,499)	(12,307,644)
Interest	3,223,234	2,201,298
Other Activity	(895,468)	(800,496)
Ending balance	135,579,783	113,904,421
Less: Reinsurance Recoverable	(25,978,703)	(16,653,743)
Balance as of End of Period, Net of Reinsurance Recoverable	$ 109,601,080	$ 97,250,678
Average Interest Rate	3.50%	2.72%
Net Amount at Risk, Gross of Reinsurance	$ 114,884,397	$ 83,031,565
Cash Surrender Value	99,604,823	85,518,998
Fixed Rate Annuities
Policyholder Account Balance [Roll Forward]
Beginning balance	56,762,736	48,510,703
Issuances and Premiums Received	13,924,032	7,719,059
Benefit Payments, Surrenders, and Withdrawals	(8,265,350)	(7,070,479)
Interest	1,667,342	1,071,539
Other Activity	(313,286)	(211,077)
Ending balance	63,775,474	50,019,745
Less: Reinsurance Recoverable	(11,675,265)	(7,060,751)
Balance as of End of Period, Net of Reinsurance Recoverable	$ 52,100,209	$ 42,958,994
Average Interest Rate	3.98%	3.04%
Net Amount at Risk, Gross of Reinsurance	$ 0	$ 0
Cash Surrender Value	48,733,309	40,146,309
Fixed Indexed Annuities
Policyholder Account Balance [Roll Forward]
Beginning balance	30,168,445	29,123,926
Issuances and Premiums Received	6,120,454	3,720,623
Benefit Payments, Surrenders, and Withdrawals	(4,080,626)	(3,066,108)
Interest	549,373	381,062
Other Activity	80,432	(151,866)
Ending balance	32,838,078	30,007,637
Less: Reinsurance Recoverable	(3,103,296)	(3,202,249)
Balance as of End of Period, Net of Reinsurance Recoverable	$ 29,734,782	$ 26,805,388
Average Interest Rate	2.66%	2.01%
Net Amount at Risk, Gross of Reinsurance	$ 0	$ 0
Cash Surrender Value	32,359,977	28,002,031
Interest Sensitive Life
Policyholder Account Balance [Roll Forward]
Beginning balance	21,969,053	17,398,883
Issuances and Premiums Received	1,712,807	576,427
Benefit Payments, Surrenders, and Withdrawals	(1,089,002)	(657,435)
Interest	539,900	359,604
Other Activity	(832,586)	(621,701)
Ending balance	22,300,172	17,055,778
Less: Reinsurance Recoverable	(7,555,530)	(3,458,434)
Balance as of End of Period, Net of Reinsurance Recoverable	$ 14,744,642	$ 13,597,344
Average Interest Rate	3.29%	3.11%
Net Amount at Risk, Gross of Reinsurance	$ 113,736,372	$ 81,855,191
Cash Surrender Value	14,005,363	12,637,209
Funding Agreements
Policyholder Account Balance [Roll Forward]
Beginning balance	7,015,998	7,535,489
Issuances and Premiums Received	1,773,969	200,000
Benefit Payments, Surrenders, and Withdrawals	(2,373,374)	(346,127)
Interest	211,621	166,168
Other Activity	95,765	41,007
Ending balance	6,723,979	7,596,537
Less: Reinsurance Recoverable	0	0
Balance as of End of Period, Net of Reinsurance Recoverable	$ 6,723,979	$ 7,596,537
Average Interest Rate	4.11%	2.96%
Net Amount at Risk, Gross of Reinsurance	$ 0	$ 0
Cash Surrender Value	0	0
Other
Policyholder Account Balance [Roll Forward]
Beginning balance	9,271,122	9,712,883
Issuances and Premiums Received	1,523,900	313,270
Benefit Payments, Surrenders, and Withdrawals	(1,182,147)	(1,167,495)
Interest	254,998	222,925
Other Activity	74,207	143,141
Ending balance	9,942,080	9,224,724
Less: Reinsurance Recoverable	(3,644,612)	(2,932,309)
Balance as of End of Period, Net of Reinsurance Recoverable	$ 6,297,468	$ 6,292,415
Average Interest Rate	3.31%	2.70%
Net Amount at Risk, Gross of Reinsurance	$ 1,148,025	$ 1,176,374
Cash Surrender Value	$ 4,506,174	$ 4,733,449

POLICY LIABILITIES - Guaranteed

POLICY LIABILITIES - Guaranteed Minimum Interest Rates (Details) $ in Thousands	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 85,278,511	$ 77,504,527
Percentage of Total	100%	100%
Less Than 1.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 37,120,490	$ 32,879,615
Less Than 1.00% | Maximum
Policyholder Account Balance [Line Items]
Range of guaranteed minimum crediting rates	1%	1%
1.00% - 1.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 15,393,925	$ 12,056,909
1.00% - 1.99% | Minimum
Policyholder Account Balance [Line Items]
Range of guaranteed minimum crediting rates	1%	1%
1.00% - 1.99% | Maximum
Policyholder Account Balance [Line Items]
Range of guaranteed minimum crediting rates	1.99%	1.99%
2.00% - 2.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 3,928,870	$ 2,416,645
2.00% - 2.99% | Minimum
Policyholder Account Balance [Line Items]
Range of guaranteed minimum crediting rates	2%	2%
2.00% - 2.99% | Maximum
Policyholder Account Balance [Line Items]
Range of guaranteed minimum crediting rates	2.99%	2.99%
3.00% - 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 15,500,440	$ 16,116,007
3.00% - 4.00% | Minimum
Policyholder Account Balance [Line Items]
Range of guaranteed minimum crediting rates	3%	3%
3.00% - 4.00% | Maximum
Policyholder Account Balance [Line Items]
Range of guaranteed minimum crediting rates	4%	4%
Greater Than 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 13,334,786	$ 14,035,351
Greater Than 4.00% | Minimum
Policyholder Account Balance [Line Items]
Range of guaranteed minimum crediting rates	4%	4%
At Guaranteed Minimum
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 27,408,071	$ 29,664,383
Percentage of Total	32%	38%
At Guaranteed Minimum | Less Than 1.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 3,365,317	$ 2,706,701
At Guaranteed Minimum | 1.00% - 1.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	1,312,708	1,471,320
At Guaranteed Minimum | 2.00% - 2.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	795,039	896,276
At Guaranteed Minimum | 3.00% - 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	10,539,375	12,494,439
At Guaranteed Minimum | Greater Than 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	11,395,632	12,095,647
1 - 49 bps Above Guaranteed Minimum
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 3,887,584	$ 3,656,222
Percentage of Total	5%	5%
1 - 49 bps Above Guaranteed Minimum | Minimum
Policyholder Account Balance [Line Items]
Account values with adjustable crediting rates subject to guaranteed minimums (basis points)	0.0001	0.0001
1 - 49 bps Above Guaranteed Minimum | Maximum
Policyholder Account Balance [Line Items]
Account values with adjustable crediting rates subject to guaranteed minimums (basis points)	0.0049	0.0049
1 - 49 bps Above Guaranteed Minimum | Less Than 1.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 36,644	$ 25,839
1 - 49 bps Above Guaranteed Minimum | 1.00% - 1.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	793,703	1,013,423
1 - 49 bps Above Guaranteed Minimum | 2.00% - 2.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	40,639	44,850
1 - 49 bps Above Guaranteed Minimum | 3.00% - 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	1,583,309	1,186,572
1 - 49 bps Above Guaranteed Minimum | Greater Than 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	1,433,289	1,385,538
50 - 99 bps Above Guaranteed Minimum
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 1,902,643	$ 2,268,138
Percentage of Total	2%	3%
50 - 99 bps Above Guaranteed Minimum | Minimum
Policyholder Account Balance [Line Items]
Account values with adjustable crediting rates subject to guaranteed minimums (basis points)	0.0050	0.0050
50 - 99 bps Above Guaranteed Minimum | Maximum
Policyholder Account Balance [Line Items]
Account values with adjustable crediting rates subject to guaranteed minimums (basis points)	0.0099	0.0099
50 - 99 bps Above Guaranteed Minimum | Less Than 1.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 384,982	$ 660,189
50 - 99 bps Above Guaranteed Minimum | 1.00% - 1.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	839,310	999,852
50 - 99 bps Above Guaranteed Minimum | 2.00% - 2.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	57,227	55,874
50 - 99 bps Above Guaranteed Minimum | 3.00% - 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	492,946	414,111
50 - 99 bps Above Guaranteed Minimum | Greater Than 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	128,178	138,112
100 - 150 bps Above Guaranteed Minimum
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 4,450,920	$ 6,695,501
Percentage of Total	5%	9%
100 - 150 bps Above Guaranteed Minimum | Minimum
Policyholder Account Balance [Line Items]
Account values with adjustable crediting rates subject to guaranteed minimums (basis points)	0.0100	0.0100
100 - 150 bps Above Guaranteed Minimum | Maximum
Policyholder Account Balance [Line Items]
Account values with adjustable crediting rates subject to guaranteed minimums (basis points)	0.0150	0.0150
100 - 150 bps Above Guaranteed Minimum | Less Than 1.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 1,145,256	$ 3,546,450
100 - 150 bps Above Guaranteed Minimum | 1.00% - 1.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	1,899,975	1,968,519
100 - 150 bps Above Guaranteed Minimum | 2.00% - 2.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	86,052	109,411
100 - 150 bps Above Guaranteed Minimum | 3.00% - 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	1,221,043	953,560
100 - 150 bps Above Guaranteed Minimum | Greater Than 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	98,594	117,561
Greater Than 150 bps Above Guaranteed Minimum
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 47,629,293	$ 35,220,283
Percentage of Total	56%	45%
Greater Than 150 bps Above Guaranteed Minimum | Minimum
Policyholder Account Balance [Line Items]
Account values with adjustable crediting rates subject to guaranteed minimums (basis points)	0.0150	0.0150
Greater Than 150 bps Above Guaranteed Minimum | Less Than 1.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 32,188,291	$ 25,940,436
Greater Than 150 bps Above Guaranteed Minimum | 1.00% - 1.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	10,548,229	6,603,795
Greater Than 150 bps Above Guaranteed Minimum | 2.00% - 2.99%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	2,949,913	1,310,234
Greater Than 150 bps Above Guaranteed Minimum | 3.00% - 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	1,663,767	1,067,325
Greater Than 150 bps Above Guaranteed Minimum | Greater Than 4.00%
Policyholder Account Balance [Line Items]
Account values with adjustable credit rates subject to guaranteed minimum	$ 279,093	$ 298,493

POLICY LIABILITIES - Balances o

POLICY LIABILITIES - Balances of and Changes in Liability for Future Policy Benefits (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Present Value of Expected Future Policy Benefits
Liability for future policy benefit, reinsurance recoverable, after allowance, net of discount rate assumptions	$ 395,500	$ (339,300)
Payout Annuity And Long-Duration Insurance, Other
Present Value of Expected Net Premiums
Balance as of Beginning of Period	(208,370)	(255,401)
Balance at Original Discount Rate	(241,058)	(303,610)
Effect of Changes in Cash Flow Assumptions			$ 0	$ 43,842
Effect of Actual Variances from Expected Experience			(100,965)	1,980
Adjusted Beginning of Period Balance			(342,023)	(257,788)
Issuances	(1,178,303)	0
Interest	(32,446)	(3,347)
Net Premiums Collected	118,970	24,732
Flooring Impact	0	3
Ending Balance at Original Discount Rate	(1,433,802)	(236,400)
Effect of Changes in Discount Rate Assumptions	1,729	41,702
Balance as of End of Period	(1,432,073)	(194,698)
Present Value of Expected Future Policy Benefits
Balance as of Beginning of Period	18,032,120	14,701,321
Balance at Original Discount Rate	20,741,655	17,987,181
Effect of Changes in Cash Flow Assumptions			(28,430)	(48,001)
Effect of Actual Variances from Expected Experience			(28,111)	25,854
Adjusted Beginning of Period Balance			20,685,114	17,965,034
Issuances	11,795,506	1,972,322
Interest	698,727	319,015
Benefit Payments	(1,850,912)	(1,282,555)
Ending Balance at Original Discount Rate	31,328,435	18,973,816
Effect of Changes in Discount Rate Assumptions	(1,789,477)	(3,923,554)
Balance as of End of Period	29,538,958	15,050,262
Total Policy Liabilities	28,106,885	14,855,564
Less: Reinsurance Recoverable	(16,445,400)	(7,406,295)
Net Liability for Future Policy Benefits, Net of Reinsurance Recoverables	11,661,485	7,449,269
Payout Annuities
Present Value of Expected Net Premiums
Balance as of Beginning of Period	0	0
Balance at Original Discount Rate	0	0
Effect of Changes in Cash Flow Assumptions			0	0
Effect of Actual Variances from Expected Experience			0	0
Adjusted Beginning of Period Balance			0	0
Issuances	0	0
Interest	0	0
Net Premiums Collected	0	0
Flooring Impact	0	3
Ending Balance at Original Discount Rate	0	3
Effect of Changes in Discount Rate Assumptions	0	0
Balance as of End of Period	0	3
Present Value of Expected Future Policy Benefits
Balance as of Beginning of Period	17,427,353	14,021,514
Balance at Original Discount Rate	20,040,000	17,180,626
Effect of Changes in Cash Flow Assumptions	28,400		(28,430)	(1,563)
Effect of Actual Variances from Expected Experience			8,066	21,595
Adjusted Beginning of Period Balance			20,019,636	17,200,658
Issuances	2,885,218	1,971,968
Interest	467,604	311,936
Benefit Payments	(1,395,141)	(1,213,734)
Ending Balance at Original Discount Rate	21,977,317	18,270,828
Effect of Changes in Discount Rate Assumptions	(2,073,656)	(3,806,449)
Balance as of End of Period	19,903,661	14,464,379
Total Policy Liabilities	19,903,661	14,464,382
Less: Reinsurance Recoverable	(10,072,105)	(7,403,232)
Net Liability for Future Policy Benefits, Net of Reinsurance Recoverables	9,831,556	7,061,150
Other
Present Value of Expected Net Premiums
Balance as of Beginning of Period	(208,370)	(255,401)
Balance at Original Discount Rate	(241,058)	(303,610)
Effect of Changes in Cash Flow Assumptions			0	43,842
Effect of Actual Variances from Expected Experience			(100,965)	1,980
Adjusted Beginning of Period Balance			(342,023)	(257,788)
Issuances	(1,178,303)	0
Interest	(32,446)	(3,347)
Net Premiums Collected	118,970	24,732
Flooring Impact	0	0
Ending Balance at Original Discount Rate	(1,433,802)	(236,403)
Effect of Changes in Discount Rate Assumptions	1,729	41,702
Balance as of End of Period	(1,432,073)	(194,701)
Present Value of Expected Future Policy Benefits
Balance as of Beginning of Period	604,767	679,807
Balance at Original Discount Rate	701,655	806,555
Effect of Changes in Cash Flow Assumptions			0	(46,438)
Effect of Actual Variances from Expected Experience			(36,177)	4,259
Adjusted Beginning of Period Balance			$ 665,478	$ 764,376
Issuances	8,910,288	354
Interest	231,123	7,079
Benefit Payments	(455,771)	(68,821)
Ending Balance at Original Discount Rate	9,351,118	702,988
Effect of Changes in Discount Rate Assumptions	284,179	(117,105)
Balance as of End of Period	9,635,297	585,883
Total Policy Liabilities	8,203,224	391,182
Net Liability for Future Policy Benefits, Net of Reinsurance Recoverables	1,829,929	388,119
Other
Present Value of Expected Future Policy Benefits
Less: Reinsurance Recoverable	$ (6,373,295)	$ (3,063)

POLICY LIABILITIES - Amounts Re

POLICY LIABILITIES - Amounts Recognized in Statement of Operations (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	$ 11,884,823	$ 2,244,607
Payout Annuities
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	3,113,638	2,194,414
Other
Liability for Future Policy Benefit, Activity [Line Items]
Gross Premiums	$ 8,771,185	$ 50,193

POLICY LIABILITIES - Weighted-A

POLICY LIABILITIES - Weighted-Average Interest Rates of Future Policy Benefits (Details)	Sep. 30, 2024	Dec. 31, 2023
Payout Annuities
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-Average Interest Rates, Original Discount Rate	3.74%	3.37%
Weighted-Average Interest Rates, Current Discount Rate	4.78%	4.95%
Weighted-Average Liability Duration (Years, Current Rates)	8 years 8 months 1 day	8 years 6 months 29 days
Other
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-Average Interest Rates, Original Discount Rate	4.86%	2.57%
Weighted-Average Interest Rates, Current Discount Rate	4.91%	4.95%
Weighted-Average Liability Duration (Years, Current Rates)	9 years 8 months 8 days	9 years 10 days

POLICY LIABILITIES - Expected F

POLICY LIABILITIES - Expected Future Benefit Payments and Gross Premiums, Undiscounted and Discounted (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Payout Annuities
Liability for Future Policy Benefit, Activity [Line Items]
Expected Future Benefit Payments, Undiscounted	$ 32,959,156	$ 29,164,580
Expected Future Benefit Payments, Discounted (Original Discount Rate)	21,977,317	19,899,423
Expected Future Benefit Payments, Discounted (Current Discount Rate)	19,903,661	17,427,352
Expected Future Gross Premiums, Undiscounted	0	0
Expected Future Gross Premiums, Discounted (Original Discount Rate)	0	0
Expected Future Gross Premiums, Discounted (Current Discount Rate)	0	0
Other
Liability for Future Policy Benefit, Activity [Line Items]
Expected Future Benefit Payments, Undiscounted	16,567,993	832,608
Expected Future Benefit Payments, Discounted (Original Discount Rate)	9,351,118	689,760
Expected Future Benefit Payments, Discounted (Current Discount Rate)	9,635,297	604,768
Expected Future Gross Premiums, Undiscounted	2,023,131	377,693
Expected Future Gross Premiums, Discounted (Original Discount Rate)	1,561,598	317,710
Expected Future Gross Premiums, Discounted (Current Discount Rate)	$ 1,536,466	$ 262,653

POLICY LIABILITIES - Narrative

POLICY LIABILITIES - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Other comprehensive income (loss), net of reinsurance	$ 181,643	$ (73,324)	$ (19,338)	$ (198,177)
Effect of changes in cash flow assumptions	(7,800)	$ 13,800	(7,800)	13,800	$ (7,760)	$ 13,773
Effect of changes in other future expected assumptions			128,700	37,600
Liability For Future Policy Benefit, Expected Future Policy Benefit, Original Discount Rate, After Cash Flow and Reinsurance
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Other comprehensive income (loss), net of reinsurance			(463,900)	$ 306,000
Payout Annuities
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Favorable impact to net income before taxes	$ 28,400		$ 28,400		$ (28,430)	$ (1,563)

POLICY LIABILITIES - Additional

POLICY LIABILITIES - Additional Liabilities (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Additional Liability, Long-Duration Insurance [Roll Forward]
Balance as of Beginning of Period	$ 7,251,266	$ 5,104,810
Effect of Changes in Cash Flow Assumptions	(7,800)	13,800	$ (7,760)	$ 13,773
Effect of Changes in Experience			(30,523)	(26,485)
Adjusted Balance as of Beginning of Period			$ 7,212,983	$ 5,092,098
Issuances	17,695	20,054
Assessments	517,859	352,623
Benefits Paid	(383,297)	(292,067)
Interest	179,790	104,393
Balance as of End of Period	7,545,030	5,277,101
Less: Impact of Unrealized Investment Gains and Losses	125,689	138,587
Less: Reinsurance Recoverable, End of Period	1,540,118	0
Balance, End of Period, Net of Reinsurance Recoverable and Impact of Unrealized Investment Gains and Losses	5,879,223	5,138,514
Gross Assessments	$ 530,138	$ 342,419
Weighted-Average Interest, Current Discount Rate	3.28%		3.09%
Weighted-Average Liability Duration (Years)	26 years 11 months 1 day		27 years 7 months 20 days

POLICY LIABILITIES - Market Bas

POLICY LIABILITIES - Market Based Risk (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Market Risk Benefit [Roll Forward]
Balance as of Beginning of Period	$ 1,120,951
Effect of Changes in Other Future Expected Assumptions	128,700	$ 37,600
Balance as of End of Period	1,115,497
Asset	377		$ 17
Liability	1,115,874		1,120,968
Net	(1,115,497)		(1,120,951)
Fixed Indexed Annuity And Variable And Other Annuities, Netting
Market Risk Benefit [Roll Forward]
Balance as of Beginning of Period	1,120,951	668,858
Balance as of Beginning of Period, Before Impact of Changes in Instrument-specific Credit Risk	1,016,209	807,513
Issuances	38,754	817
Interest	40,106	36,282
Attributed Fees Collected	146,094	140,610
Benefit Payments	(10,580)	(3,883)
Effect of Changes in Interest Rates	(27,947)	(274,870)
Effect of Changes in Equity Markets	(104,485)	(24,946)
Effect of Actual Experience Different from Assumptions	11,398	105,968
Effect of Changes in Other Future Expected Assumptions	(128,668)	(37,641)
Balance as of End of Period Before Impact of Changes in Instrument-Specific Credit Risk	980,881	749,850
Effect of Changes in Instrument-specific Credit Risk	134,616	19,295
Balance as of End of Period	1,115,497	769,145
Less: Reinsurance Recoverable as of the End of the Period	(13,312)	(13,169)
Balance as of End of Period, Net of Reinsurance Recoverable	1,102,185	755,976
Net Amount at Risk	$ 5,762,199	$ 5,513,497
Weighted-average Attained Age of Contract holders (Years)	71 years	70 years
Net	$ (1,115,497)	$ (769,145)	(1,120,951)
Fixed Indexed Annuities
Market Risk Benefit [Roll Forward]
Balance as of Beginning of Period	868,268	548,536
Balance as of Beginning of Period, Before Impact of Changes in Instrument-specific Credit Risk	790,616	656,880
Issuances	38,762	847
Interest	32,306	29,734
Attributed Fees Collected	78,896	77,685
Benefit Payments	(5,279)	(2,781)
Effect of Changes in Interest Rates	(25,023)	(184,971)
Effect of Changes in Equity Markets	(28,621)	(8,098)
Effect of Actual Experience Different from Assumptions	23,108	138,788
Effect of Changes in Other Future Expected Assumptions	(126,523)	(93,298)
Balance as of End of Period Before Impact of Changes in Instrument-Specific Credit Risk	778,242	614,786
Effect of Changes in Instrument-specific Credit Risk	98,839	13,178
Balance as of End of Period	877,081	627,964
Less: Reinsurance Recoverable as of the End of the Period	0	0
Balance as of End of Period, Net of Reinsurance Recoverable	877,081	627,964
Net Amount at Risk	$ 4,535,978	$ 4,200,773
Weighted-average Attained Age of Contract holders (Years)	71 years	70 years
Asset	$ 377		0
Liability	877,458		868,268
Net	(877,081)	$ (627,964)	(868,268)
Variable- and Other Annuities
Market Risk Benefit [Roll Forward]
Balance as of Beginning of Period	252,683	120,322
Balance as of Beginning of Period, Before Impact of Changes in Instrument-specific Credit Risk	225,593	150,633
Issuances	(8)	(30)
Interest	7,800	6,548
Attributed Fees Collected	67,198	62,925
Benefit Payments	(5,301)	(1,102)
Effect of Changes in Interest Rates	(2,924)	(89,899)
Effect of Changes in Equity Markets	(75,864)	(16,848)
Effect of Actual Experience Different from Assumptions	(11,710)	(32,820)
Effect of Changes in Other Future Expected Assumptions	(2,145)	55,657
Balance as of End of Period Before Impact of Changes in Instrument-Specific Credit Risk	202,639	135,064
Effect of Changes in Instrument-specific Credit Risk	35,777	6,117
Balance as of End of Period	238,416	141,181
Less: Reinsurance Recoverable as of the End of the Period	(13,312)	(13,169)
Balance as of End of Period, Net of Reinsurance Recoverable	225,104	128,012
Net Amount at Risk	$ 1,226,221	$ 1,312,724
Weighted-average Attained Age of Contract holders (Years)	70 years	69 years
Asset	$ 0		17
Liability	238,416		252,700
Net	$ (238,416)	$ (141,181)	$ (252,683)

POLICY LIABILITIES - Separate A

POLICY LIABILITIES - Separate Account Liabilities (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Separate Account, Liability [Roll Forward]
Balance as of Beginning of Period	$ 4,107,000	$ 4,130,794
Premiums and Deposits	28,361	36,786
Surrenders, Withdrawals and Benefit Payments	(433,327)	(373,920)
Investment Performance	552,536	235,716
Other	(120,397)	(129,473)
Balance as of End of Period	4,134,173	3,899,903
Cash Surrender Value as of End of Period	4,134,173	3,899,903
Variable Annuities
Separate Account, Liability [Roll Forward]
Balance as of Beginning of Period	3,565,029	3,627,769
Premiums and Deposits	18,817	26,449
Surrenders, Withdrawals and Benefit Payments	(414,727)	(357,330)
Investment Performance	463,798	190,354
Other	(86,983)	(92,798)
Balance as of End of Period	3,545,934	3,394,444
Cash Surrender Value as of End of Period	3,545,934	3,394,444
Interest Sensitive Life
Separate Account, Liability [Roll Forward]
Balance as of Beginning of Period	541,971	503,025
Premiums and Deposits	9,544	10,337
Surrenders, Withdrawals and Benefit Payments	(18,600)	(16,590)
Investment Performance	88,738	45,362
Other	(33,414)	(36,675)
Balance as of End of Period	588,239	505,459
Cash Surrender Value as of End of Period	$ 588,239	$ 505,459

POLICY LIABILITIES - Separate_2

POLICY LIABILITIES - Separate Account Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Fair Value, Separate Account Investment [Line Items]
Total Assets Supporting Separate Account Liabilities	$ 4,134,173	$ 4,107,000
Managed Volatility Equity/Fixed Income Blended Fund
Fair Value, Separate Account Investment [Line Items]
Total Assets Supporting Separate Account Liabilities	2,045,045	2,131,149
Equity
Fair Value, Separate Account Investment [Line Items]
Total Assets Supporting Separate Account Liabilities	1,720,114	1,596,467
Fixed Income
Fair Value, Separate Account Investment [Line Items]
Total Assets Supporting Separate Account Liabilities	149,902	152,398
Money Market
Fair Value, Separate Account Investment [Line Items]
Total Assets Supporting Separate Account Liabilities	218,490	226,387
Alternative
Fair Value, Separate Account Investment [Line Items]
Total Assets Supporting Separate Account Liabilities	$ 622	$ 599

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Operating Loss Carryforwards [Line Items]
Effective income tax rate	12.80%	15.50%	16.50%	19.50%
Insurance
Operating Loss Carryforwards [Line Items]
Deferred tax assets, valuation allowance	$ 89.3		$ 89.3

EQUITY-BASED COMPENSATION - KKR

EQUITY-BASED COMPENSATION - KKR Equity Incentive Plan (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Equity Based Payments
Equity-based compensation	$ 184,668	$ 145,943	$ 552,987	$ 475,936
Asset Management
Equity Based Payments
Equity-based compensation	149,575	119,603	453,505	354,808
Insurance
Equity Based Payments
Equity-based compensation	$ 35,093	$ 26,340	$ 99,482	$ 121,128

EQUITY-BASED COMPENSATION - K_2

EQUITY-BASED COMPENSATION - KKR Equity Incentive Plans Narrative (Details) $ in Millions	9 Months Ended
	Sep. 30, 2024 USD ($) shares
KKR 2019 Equity Incentive Plan
Equity Based Payments
Total awards issuable as a percentage of diluted common stock outstanding	15%
Number of shares authorized (in shares) | shares	49,678,122
KKR Equity Incentive Plans | Service-Vesting Awards
Equity Based Payments
Portion of awards vested having one-year transfer restriction period (as a percent)	50%
Portion of awards vested having two-year transfer restriction period (as a percent)	50%
Minimum transfer restriction period with respect to one-half awards vested (in years)	1 year
Minimum transfer restriction period with respect to remaining one-half awards vested (in years)	2 years
Minimum retained ownership required to continuously hold common share equivalents to as percentage of cumulatively vested interests	15%
Maximum forfeiture rate assumed (as a percent)	7%
KKR Equity Incentive Plans | Service-Vesting Awards | Asset Management and Strategic Holdings
Equity Based Payments
Vesting period (in years)	2 years 4 months 24 days
Estimated unrecognized equity-based payment expense | $	$ 855
KKR Equity Incentive Plans | Minimum | Service-Vesting Awards
Equity Based Payments
Vesting period (in years)	3 years
KKR Equity Incentive Plans | Maximum | Service-Vesting Awards
Equity Based Payments
Vesting period (in years)	5 years

EQUITY-BASED COMPENSATION - Awa

EQUITY-BASED COMPENSATION - Awards Rollforward (Details) - KKR Equity Incentive Plans	9 Months Ended
	Sep. 30, 2024 $ / shares shares
Service-Vesting Awards
Shares
Balance at the beginning of the period (in shares) | shares	23,228,671
Granted (in shares) | shares	4,644,817
Vested (in shares) | shares	(5,470,039)
Forfeitures (in shares) | shares	(724,297)
Balance at the end of the period (in shares) | shares	21,679,152
Weighted Average Grant Date Fair Value
Balance at the beginning of the period (in dollars per share) | $ / shares	$ 53.22
Granted (in dollars per share) | $ / shares	79.28
Vested (in dollars per share) | $ / shares	47.59
Forfeitures (in dollars per share) | $ / shares	58.15
Balance at the end of the period (in dollars per share) | $ / shares	$ 60.06
Market Condition Awards | Asset Management and Strategic Holdings
Shares
Balance at the beginning of the period (in shares) | shares	36,497,589
Granted (in shares) | shares	2,278,830
Vested (in shares) | shares	(231,064)
Forfeitures (in shares) | shares	(498,960)
Balance at the end of the period (in shares) | shares	38,046,395
Weighted Average Grant Date Fair Value
Balance at the beginning of the period (in dollars per share) | $ / shares	$ 29.59
Granted (in dollars per share) | $ / shares	58.31
Vested (in dollars per share) | $ / shares	21.70
Forfeitures (in dollars per share) | $ / shares	30.79
Balance at the end of the period (in dollars per share) | $ / shares	$ 31.34

EQUITY-BASED COMPENSATION - Mar

EQUITY-BASED COMPENSATION - Market Condition Awards Narrative (Details) - Market Condition Awards - KKR Equity Incentive Plans $ / shares in Units, shares in Millions, $ in Millions	9 Months Ended
	Sep. 30, 2024 USD ($) day $ / shares shares
Equity Based Payments
Estimated unrecognized equity-based payment expense | $	$ 602
Remaining requisite service period	2 years 9 months 18 days
Asset Management and Strategic Holdings
Equity Based Payments
Average stock price target consecutive trading days threshold | day	20
Number of shares that met vesting conditions (in shares) | shares	34.2
Asset Management and Strategic Holdings | Minimum
Equity Based Payments
Stock price target (in dollars per share)	$ 45
Required service period	5 years
Asset Management and Strategic Holdings | Maximum
Equity Based Payments
Stock price target (in dollars per share)	$ 140
Required service period	6 years
Maximum forfeiture rate assumed	7%

EQUITY-BASED COMPENSATION - Ass

EQUITY-BASED COMPENSATION - Assumptions Used to Estimate Fair Value (Details) - KKR Equity Incentive Plans - Asset Management and Strategic Holdings	9 Months Ended
	Sep. 30, 2024 $ / shares
Market Condition Awards | Weighted Average
Equity Based Payments
Grant Date Fair Value (in dollars per share)	$ 30.62
Closing KKR share price as of valuation date (in dollars per share)	$ 51.74
Risk Free Rate	2.21%
Volatility	30.04%
Dividend Yield	1.27%
Expected Cost of Equity	10.74%
Market Condition Awards | Minimum
Equity Based Payments
Grant Date Fair Value (in dollars per share)	$ 19.87
Closing KKR share price as of valuation date (in dollars per share)	$ 37.93
Risk Free Rate	0.41%
Volatility	28%
Dividend Yield	0.71%
Expected Cost of Equity	9.13%
Market Condition Awards | Maximum
Equity Based Payments
Grant Date Fair Value (in dollars per share)	$ 79.94
Closing KKR share price as of valuation date (in dollars per share)	$ 98.62
Risk Free Rate	4.41%
Volatility	38%
Dividend Yield	1.53%
Expected Cost of Equity	11.80%
Co-CEO Market Condition Awards
Equity Based Payments
Grant Date Fair Value (in dollars per share)	$ 48.91
Closing KKR share price as of valuation date (in dollars per share)	$ 75.76
Risk Free Rate	1.42%
Volatility	28%
Dividend Yield	0.77%
Expected Cost of Equity	9.36%

EQUITY-BASED COMPENSATION - Co-

EQUITY-BASED COMPENSATION - Co-CEO Awards Narrative (Details) - Co-CEO Market Condition Awards - KKR Equity Incentive Plans - Asset Management and Strategic Holdings $ / shares in Units, shares in Millions, $ in Millions	Dec. 09, 2021 day $ / shares shares	Sep. 30, 2024 USD ($) shares
Equity Based Payments
Granted (in shares) | shares	7.5
Average stock price target consecutive trading days threshold | day	20
Estimated unrecognized equity-based payment expense | $		$ 326
Number of shares that met vesting conditions (in shares) | shares		9
Tranche One
Equity Based Payments
Vesting percentage	20%
Stock price target (in dollars per share)	$ 95.80
Tranche Two
Equity Based Payments
Vesting percentage	20%
Stock price target (in dollars per share)	$ 105.80
Tranche Three
Equity Based Payments
Vesting percentage	20%
Stock price target (in dollars per share)	$ 115.80
Tranche Four
Equity Based Payments
Vesting percentage	20%
Stock price target (in dollars per share)	$ 125.80
Tranche Five
Equity Based Payments
Vesting percentage	20%
Stock price target (in dollars per share)	$ 135.80

EQUITY-BASED COMPENSATION - Boo

EQUITY-BASED COMPENSATION - Book Value Awards Narrative (Details) - Insurance $ in Millions	Jan. 02, 2024 USD ($) shares	Feb. 01, 2021 installment payment shares
Book-Value Awards | GA Plan
Equity Based Payments
Number of payments authorized to be received upon vesting | payment		1
Book value used in payment calculation, number of shares (in shares)		1
Number of vesting installments | installment		3
Service-Vesting Awards | KKR 2019 Equity Incentive Plan
Equity Based Payments
Granted (in shares)	1,900,000
Reclassification of share-based payment arrangement from liability to equity | $	$ 77

EQUITY-BASED COMPENSATION - GA

EQUITY-BASED COMPENSATION - GA Equity Incentive Plan Awards Narrative (Details) - USD ($) $ in Millions			9 Months Ended
	Jan. 02, 2024	Jun. 24, 2021	Sep. 30, 2024
KKR Equity Incentive Plans | Insurance
Equity Based Payments
Compensation modification	$ 149
Service-Vesting Awards | GA Equity Incentive Plan
Equity Based Payments
Incentive shares issued (in shares)		1,000
Maximum forfeiture rate assumed (as a percent)		0%
Vesting period (in years)		5 years
Service-Vesting Awards | KKR Equity Incentive Plans
Equity Based Payments
Maximum forfeiture rate assumed (as a percent)			7%
Granted (in shares)			4,644,817
Service-Vesting Awards | KKR Equity Incentive Plans | Insurance
Equity Based Payments
Vesting period (in years)	2 years
Granted (in shares)	1,300,000
Market Condition Awards | KKR Equity Incentive Plans | Insurance
Equity Based Payments
Granted (in shares)	900,000
Maximum forfeiture rate assumed	4%
Restricted Holding Units (RHUs) | KKR Equity Incentive Plans | Insurance
Equity Based Payments
Vesting amount	$ 54

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - Affiliated Entity - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Related Party Transaction [Line Items]
Due from Affiliates	$ 2,034,664	$ 1,446,852
Due to Affiliates	470,691	538,099
Amounts due from unconsolidated investment funds
Related Party Transaction [Line Items]
Due from Affiliates	1,713,504	1,229,308
Due to Affiliates	89,615	131,369
Amounts due from portfolio companies
Related Party Transaction [Line Items]
Due from Affiliates	321,160	217,544
Amounts due to current and former employees under the tax receivable agreement
Related Party Transaction [Line Items]
Due to Affiliates	$ 381,076	$ 406,730

SEGMENT REPORTING - Information

SEGMENT REPORTING - Information Regarding Segment Results (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) segment	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segment			3
Number of operating segments | segment			3
Pre-tax Operating Earnings Attributable to Noncontrolling Interests	$ 1,644,564	$ 2,819,190	$ 4,217,820	$ 4,678,638
Dividends, Net	151,260	201,925	867,666	597,031
Net Realized Investment Income	1,598,873	1,819,232	3,602,754	2,907,245
Total Segment Earnings	1,564,454	1,065,050	4,009,360	2,970,870
Total assets	360,655,876	288,732,956	360,655,876	288,732,956	$ 317,294,194
Total Non-cash expenses	184,668	136,281	552,987	431,777
Operating Segments
Segment Reporting Information [Line Items]
Total assets	279,545,516	207,059,721	279,545,516	207,059,721
Asset Management
Segment Reporting Information [Line Items]
Total Non-cash expenses	149,575	119,603	453,505	354,808
Asset Management | Operating Segments
Segment Reporting Information [Line Items]
Other Operating Expenses	(167,881)	(142,416)	(471,146)	(440,295)
Fee Related Earnings	1,000,673	557,525	2,424,811	1,708,412
Total Segment Earnings	1,231,413	855,023	3,088,694	2,385,507
Total assets	27,264,016	26,522,206	27,264,016	26,522,206
Asset Management | Management Fees | Operating Segments
Segment Reporting Information [Line Items]
Performance Revenues	892,629	758,700	2,555,263	2,245,744
Asset Management | Transaction and Monitoring Fees, Net | Operating Segments
Segment Reporting Information [Line Items]
Performance Revenues	467,145	124,014	842,087	456,421
Asset Management | Fee Related | Operating Segments
Segment Reporting Information [Line Items]
Performance Revenues	56,655	20,436	112,901	70,529
Compensation	(247,875)	(203,209)	(614,294)	(623,987)
Asset Management | Realized Performance Income | Operating Segments
Segment Reporting Information [Line Items]
Performance Revenues	391,920	329,266	1,145,774	653,998
Compensation	(289,994)	(213,816)	(843,011)	(424,910)
Asset Management | Realized Investment Income
Segment Reporting Information [Line Items]
Performance Revenues	151,546	216,727	424,845	529,583
Asset Management | Realized Investment Income | Operating Segments
Segment Reporting Information [Line Items]
Performance Revenues	151,546	216,727	424,845	529,583
Compensation	(22,732)	(34,679)	(63,725)	(81,576)
Insurance
Segment Reporting Information [Line Items]
Net Cost of Insurance	(211,148)	(154,311)	(655,338)	(551,750)
General, Administrative and Other	(206,951)	(183,246)	(571,503)	(599,029)
Total assets	240,050,638		240,050,638		203,726,827
Total Non-cash expenses	35,093	16,678	99,482	76,969
Insurance | Operating Segments
Segment Reporting Information [Line Items]
Net Cost of Insurance	(1,166,891)	(820,014)	(3,240,834)	(2,382,303)
General, Administrative and Other	(230,889)	(204,701)	(655,358)	(604,700)
Pre-tax Operating Earnings	238,520	331,692	764,573	924,453
Pre-tax Operating Earnings Attributable to Noncontrolling Interests	0	(121,665)	0	(339,090)
Total Segment Earnings	238,520	210,027	764,573	585,363
Total assets	244,991,087	174,054,907	244,991,087	174,054,907
Insurance | Realized Investment Income | Operating Segments
Segment Reporting Information [Line Items]
Performance Revenues	1,636,300	1,356,407	4,660,765	3,911,456
Strategic Holdings | Operating Segments
Segment Reporting Information [Line Items]
Pre-tax Operating Earnings	6,828	0	68,400	0
Dividends, Net	6,828	0	68,400	0
Total Segment Earnings	94,521	0	156,093	0
Total assets	7,290,413	6,482,608	7,290,413	6,482,608
Strategic Holdings | Realized Investment Income | Operating Segments
Segment Reporting Information [Line Items]
Net Realized Investment Income	87,693	0	87,693	0
Asset Management and Insurance Segments | Management Fees | Intersegment Eliminations
Segment Reporting Information [Line Items]
Performance Revenues	144,900	112,100	384,400	331,000
Asset Management and Insurance Segments | Interest Expense | Intersegment Eliminations
Segment Reporting Information [Line Items]
Performance Revenues	2,100	49,700	7,400	137,900
Asset Management and Strategic Holdings
Segment Reporting Information [Line Items]
Performance Revenues	1,105,666	655,367	2,621,516	2,086,830
Compensation	(1,374,840)	(900,582)	(3,586,453)	(2,133,366)
General, Administrative and Other	(367,666)	$ (243,268)	(950,136)	$ (746,543)
Total assets	120,605,238		120,605,238		$ 113,567,367
Asset Management and Strategic Holdings | Management Fees | Intersegment Eliminations
Segment Reporting Information [Line Items]
Performance Revenues	8,200		23,900
Asset Management and Strategic Holdings | Realized Performance Income | Intersegment Eliminations
Segment Reporting Information [Line Items]
Performance Revenues	$ 15,500		$ 15,500

SEGMENT REPORTING - Reconciliat

SEGMENT REPORTING - Reconciliation to Total Segment Revenues (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting Information [Line Items]
Total GAAP Revenues	$ 4,791,696	$ 3,315,481	$ 18,620,344	$ 10,069,481
Impact of Consolidation and Other	335,048	218,495	865,898	613,048
Net Premiums	(621,218)	(220,212)	(7,593,534)	(1,320,265)
Total Segment Revenues	3,690,716	2,805,550	9,897,728	7,867,731
Asset Management
Segment Reporting Information [Line Items]
Capital Allocation-Based Income (Loss) (GAAP)	(1,163,424)	(1,009,645)	(3,164,491)	(2,155,560)
Realized Carried Interest	336,016	327,195	1,044,843	646,116
Capstone Fees	(29,141)	(23,235)	(69,218)	(67,080)
Expense Reimbursements	(32,789)	(15,982)	(68,050)	(48,366)
Asset Management | Realized Investment Income
Segment Reporting Information [Line Items]
Performance Revenues	151,546	216,727	424,845	529,583
Strategic Holdings
Segment Reporting Information [Line Items]
Realized Investment Income and Dividends	118,162	0	195,400	0
Insurance
Segment Reporting Information [Line Items]
Total GAAP Revenues	2,522,606	1,650,469	12,834,337	5,827,091
Net Premiums	(621,218)	(220,212)	(7,593,534)	(1,320,265)
Policy Fees	(375,371)	(314,016)	(1,038,218)	(943,200)
Other Income	(60,162)	(42,341)	(180,436)	(119,357)
(Gains) Losses from Investments	687,170	(75,064)	1,254,170	379,213
Non-operating Changes in Policy Liabilities and Derivatives	$ (446,817)	$ 428,147	$ (393,825)	$ 284,118

SEGMENT REPORTING - Total Distr

SEGMENT REPORTING - Total Distributable Operating Earnings Reconciliation (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting Information [Line Items]
Income (Loss) Before Tax (GAAP)	$ 1,644,564	$ 2,819,190	$ 4,217,820	$ 4,678,638
Interest Expense, Net	721,940	724,342	2,259,257	2,020,788
Equity-based compensation	184,668	145,943	552,987	475,936
Total Segment Earnings	1,564,454	1,065,050	4,009,360	2,970,870
Asset Management
Segment Reporting Information [Line Items]
Unrealized (Gains) Losses	89,805	(445,477)	(385,448)	(561,064)
Unrealized Carried Interest	(850,638)	(616,963)	(1,987,597)	(1,255,117)
Unrealized Carried Interest Compensation	644,881	310,917	1,555,336	590,108
Transaction-related and Non-operating Items	90,716	8,038	153,699	22,037
Equity-based compensation	149,575	119,603	453,505	354,808
Asset Management | Non-Performance Based Awards
Segment Reporting Information [Line Items]
Equity-based compensation	66,549	46,782	206,861	151,060
Asset Management | Performance Based Awards
Segment Reporting Information [Line Items]
Equity-based compensation	83,026	72,821	246,644	203,748
Strategic Holdings
Segment Reporting Information [Line Items]
Unrealized (Gains) Losses	(226,319)	(265,092)	(644,285)	(508,489)
Insurance
Segment Reporting Information [Line Items]
Transaction-related and Non-operating Items	19,679	0	19,679	3,199
Equity-based compensation	35,093	26,340	99,482	121,128
(Gains) Losses from Investments	692,422	(33,337)	1,251,953	223,260
Non-operating Changes in Policy Liabilities and Derivatives	12,589	(42,364)	192,917	121,590
Equity-based and Other Compensation	35,093	16,678	99,482	76,969
Amortization of Acquired Intangibles	4,412	2,793	13,236	8,381
Segment Reconciling Items
Segment Reporting Information [Line Items]
Impact of Consolidation and Other	(823,034)	(883,896)	(1,161,554)	(1,036,007)
Interest Expense, Net	$ 80,709	$ 74,960	$ 230,617	$ 252,557

SEGMENT REPORTING - Total Segme

SEGMENT REPORTING - Total Segment Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Segment Reporting Information [Line Items]
Consolidated GAAP assets	$ 360,655,876	$ 317,294,194	$ 288,732,956
Impact of Consolidation and Reclassifications	(76,399,555)		(84,135,828)
Carry Pool Reclassifications	(4,710,805)		2,462,593
Operating Segments
Segment Reporting Information [Line Items]
Consolidated GAAP assets	$ 279,545,516		$ 207,059,721

EQUITY - Narrative (Details)

EQUITY - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions	Oct. 18, 2024	Sep. 30, 2024	Apr. 30, 2024
Class of Stock [Line Items]
Remaining amount available for repurchase			$ 50
Remaining available amount, share repurchase program			50
Additional amount in share repurchase program			$ 500
Subsequent Event
Class of Stock [Line Items]
Remaining amount available for repurchase	$ 69
Series I Preferred Stock
Class of Stock [Line Items]
Preferred stock redemption price (in dollars per share)		$ 0.01

EQUITY - Share Repurchases (Det

EQUITY - Share Repurchases (Details) - Common Stock - Share Repurchase Program - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Class of Stock [Line Items]
Shares of common stock repurchased (in shares)	0	308,808	0	5,395,162
Equity awards for common stock retired (in shares)	696	0	924,559	604,281

EQUITY - Noncontrolling Interes

EQUITY - Noncontrolling Interests Calculation (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Stockholders' equity, beginning balance			$ 57,763,485
Net Income (Loss) Attributable to Noncontrolling Interests	$ 1,434,668	$ 2,381,980	3,521,754	$ 3,767,726
Stockholders' equity, ending balance	60,476,302	61,176,301	60,476,302	61,176,301
Noncontrolling Interests
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Stockholders' equity, beginning balance			34,904,791	36,410,858
Net Income (Loss) Attributable to Noncontrolling Interests	838,916	895,539	1,513,518	1,088,622
Other Comprehensive Income (Loss), net of tax	(10,477)	(503,289)	(15,315)	(213,251)
Compensation Modification - Issuance of Holdings III Units (See Note 19)			53,623
Equity-Based Compensation (Non Cash Contribution)	107,078	78,493	319,137	226,169
Change in KKR & Co. Inc.'s Ownership Interest	(54,299)	0	(342,811)	(113,121)
Capital Contributions	2,580,370	1,886,326	5,976,650	9,290,719
Capital Distributions	(2,729,479)	(1,822,724)	(6,767,940)	(5,560,590)
Changes in Consolidation	95,131	(195,271)	1,163,105	(360,878)
Stockholders' equity, ending balance	36,392,617	40,768,528	36,392,617	40,768,528
Noncontrolling Interests | 2024 GA Acquisition
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
2024 GA Acquisition - Cash consideration (See Note 1)			(2,622,230)
2024 GA Acquisition - Issuance of Holdings III Units (See Note 1)			40,789
Change in KKR & Co. Inc.'s Ownership - 2024 GA Acquisition			2,169,300
Noncontrolling Interests | As previously reported
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Stockholders' equity, beginning balance	$ 35,565,377	$ 40,429,454	$ 34,904,791	35,778,000
Noncontrolling Interests | Adoption of New Accounting Standard (See Note 2)
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Stockholders' equity, beginning balance				$ 632,858

REDEEMABLE NONCONTROLLING INT_3

REDEEMABLE NONCONTROLLING INTERESTS - Narrative (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Jun. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Redeemable Noncontrolling Interest [Line Items]
Redeemable non-controlling interests	$ 1,322,308	$ 1,291,487	$ 615,427	$ 421,874	$ 183,413	$ 152,065
Global Atlantic
Redeemable Noncontrolling Interest [Line Items]
Redeemable non-controlling interests			$ 47,800

REDEEMABLE NONCONTROLLING INT_4

REDEEMABLE NONCONTROLLING INTERESTS - Rollforward of Redeemable Noncontrolling Interest (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Increase (Decrease) in Redeemable Noncontrolling Interests
Balance at the beginning of the period	$ 1,291,487	$ 183,413	$ 615,427	$ 152,065
Net Income (Loss) Attributable to Redeemable Noncontrolling Interests	(4,798)	(3,685)	57,546	(12,728)
Capital Contributions	47,409	242,359	671,530	312,356
Capital Distributions	(10,027)	(213)	(20,432)	(1,998)
Change in KKR & Co. Inc.'s Ownership Interest	(1,763)	0	(1,763)	0
Changes in Consolidation			0	(27,821)
Balance at the end of the period	$ 1,322,308	$ 421,874	$ 1,322,308	$ 421,874

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2013	Dec. 31, 2023
Other Commitments [Line Items]
Notional amount	$ 102,595,257,000		$ 102,595,257,000			$ 84,622,876,000
Global Atlantic | Unaffiliated Third Parties
Other Commitments [Line Items]
Total fees expensed	3,200,000	$ 5,100,000	13,300,000	$ 15,200,000
Total capacity of financing arrangements	2,400,000,000		2,400,000,000			$ 2,300,000,000
Global Atlantic | Financial Standby Letter of Credit
Other Commitments [Line Items]
Contingent funding obligations issued by third-party banks on behalf of borrowers	329,700,000		329,700,000
Global Atlantic | Payment Guarantee
Other Commitments [Line Items]
Guarantor period					25 years
Payment obligation	48,900,000		48,900,000		$ 214,000,000
Private and Public Markets Investment Funds | KKR
Other Commitments [Line Items]
Unfunded commitments	8,200,000,000		8,200,000,000
Certain Investment Vehicles | KKR | Maximum Loss
Other Commitments [Line Items]
Unfunded commitments	67,500,000		67,500,000
Capital Markets | KKR
Other Commitments [Line Items]
Unfunded commitments	200,000,000		200,000,000
Notional amount	4,500,000,000		4,500,000,000
Purchase or Funding of Investments | Global Atlantic
Other Commitments [Line Items]
Unfunded commitments	3,800,000,000		3,800,000,000
Commitment to Extend Credit | Global Atlantic
Other Commitments [Line Items]
Liability for current expected credit losses	22,100,000		22,100,000
Clawback Obligation Attributable to Certain and Former KKR Employees | Asset Management
Other Commitments [Line Items]
Private equity fund carried interest amount subject to clawback provision assuming liquidation at fair value	569,000,000		569,000,000
Cash reserve for full reimbursement amount	230,000,000		230,000,000
Liquidation value for clawback obligation	0		0
Clawback obligation amount if private equity vehicles liquidated at fair value	4,300,000,000		4,300,000,000
Amount entitled to seek for reimbursement	1,800,000,000		1,800,000,000
Clawback Obligation Attributable to Certain and Former KKR Employees | KKR Associates Holdings L.P. | Asset Management
Other Commitments [Line Items]
Cash reserve for full reimbursement amount	$ 230,000,000		$ 230,000,000

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - $ / shares		3 Months Ended		9 Months Ended
	Oct. 24, 2024	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Subsequent Events
Dividend declared (in dollars per share)		$ 0.175	$ 0.165	$ 0.52	$ 0.485
Subsequent Event
Subsequent Events
Dividend declared (in dollars per share)	$ 0.175