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Kemper KMPR Life Insurance — VOBA, amortization expense, year five

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FGFixed rate annuities — VOBA amortization
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FGIndexed annuities — VOBA amortization
$29M-6.5%

Other financials

Income statement

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Revenue$1.1B-7.2%
Operating income$132.4M+440%
Net income-$1.7M-102%
EPS (diluted)-$0.03-102%

Balance sheet

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Cash & equivalents$92.6M-19.8%
Total debt$944.0M-5.3%
Total equity$2.6B+624%
Total assets$12.4B-0.5%

Cash flow

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Operating cash flow$88.8M-50.7%
CapEx$10.9M+41.6%
Free cash flow$77.9M-54.8%

Valuation

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Market cap$1.54B-58.0%
Enterprise value$2.39B-48.7%
P/E30.8×+20.2×
P/S0.3×-0.5×

Profitability

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Net margin1.1%-6.3pp
FCF margin9.8%-0.3pp

Returns & leverage

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Return on equity3.3%-20.1pp
Debt / equity0.4×-2.4×

Where this comes from

Reported directly by Kemper in its filing.

Tagged under the XBRL concept us-gaap:PresentValueOfFutureInsuranceProfitsAmortizationExpenseYearFive.

The official record: Kemper’s 10-K, filed February 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Kemper's life insurance — VOBA, amortization expense, year five?
Kemper (KMPR) reported life insurance — VOBA, amortization expense, year five of $1.1M in Q4 2025.
How has Kemper's life insurance — VOBA, amortization expense, year five changed year-over-year?
Kemper's life insurance — VOBA, amortization expense, year five decreased by 15.4% year-over-year, from $1.3M to $1.1M.
What does life insurance — VOBA, amortization expense, year five mean?
Represents the periodic expense recognized from the amortization of the Value of Business Acquired (VOBA) for life insurance contracts. This metric reflects the systematic allocation of the intangible asset's cost over the expected life of the acquired policies, impacting the segment's reported profitability.