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

Similar metrics at other companies

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FGTraditional Life — VOBA amortization
$2M-33.3%
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FGUniversal life — VOBA amortization
$1M0.0%
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LNCLife Insurance — Amortization of DAC and VOBA
$127.75M+1.6%
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FGFixed rate annuities — VOBA amortization
$1M0.0%
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FGImmediate annuities — VOBA amortization
$2M0.0%
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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:PresentValueOfFutureInsuranceProfitsAmortizationExpenseYearFour.

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 four?
Kemper (KMPR) reported life insurance — VOBA, amortization expense, year four of $1.3M in Q4 2025.
How has Kemper's life insurance — VOBA, amortization expense, year four changed year-over-year?
Kemper's life insurance — VOBA, amortization expense, year four decreased by 7.1% year-over-year, from $1.4M to $1.3M.
What does life insurance — VOBA, amortization expense, year four mean?
The amortization expense recognized in the fourth year related to the Value of Business Acquired (VOBA) for life insurance contracts. This metric is used to evaluate the long-term impact of acquisition-related intangible assets on the segment's net income.