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

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FGUniversal life — VOBA amortization
$1M0.0%
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FGFixed rate annuities — VOBA amortization
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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:PresentValueOfFutureInsuranceProfitsAmortizationExpenseYearTwo.

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 two?
Kemper (KMPR) reported life insurance — VOBA, amortization expense, year two of $1.5M in Q4 2025.
How has Kemper's life insurance — VOBA, amortization expense, year two changed year-over-year?
Kemper's life insurance — VOBA, amortization expense, year two decreased by 0.0% year-over-year, from $1.5M to $1.5M.
What does life insurance — VOBA, amortization expense, year two mean?
The amortization expense recognized in the second year related to the Value of Business Acquired (VOBA) for life insurance contracts. This metric tracks the ongoing consumption of the intangible asset value associated with acquired insurance portfolios.