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Kansas City Life Insurance Company is trading at a steep discount—around 56% of tangible book value—despite resolving litigation and cleaning up its balance sheet. The company is preparing for a sale post-2025, with hidden real estate value and normalized earnings power supporting a $60–$75/share takeout. Recent comparable deals and scarcity value for small life insurers suggest a base case sale price of $55, with upside to $75 if a bidding war emerges.
KANSAS CITY, Mo. , Aug. 1, 2025 /PRNewswire/ -- Kansas City Life Insurance Company recorded a net loss of $28.1 million or $2.90 per share in the second quarter of 2025 compared to net income of $4.7 million or $0.49 per share in the second quarter of 2024.
KANSAS CITY, Mo. , July 28, 2025 /PRNewswire/ -- The Board of Directors of Kansas City Life Insurance Company declared a quarterly dividend of $0.14 per share on July 28, 2025.
KANSAS CITY, Mo. , June 24, 2025 /PRNewswire/ -- Kansas City Life Insurance Company ("KCL") announced today that it has entered an agreement intended to settle all claims asserted against it in previously-disclosed class action litigation related to the cost of insurance rates used in certain universal life and variable universal life policies.
KANSAS CITY, Mo. , May 1, 2025 /PRNewswire/ -- Kansas City Life Insurance Company recorded net income of $1.9 million or $0.19 per share in the first quarter of 2025 compared to net income of $1.6 million or $0.16 per share in the first quarter of 2024.
KANSAS CITY, Mo. , April 28, 2025 /PRNewswire/ -- The Board of Directors of Kansas City Life Insurance Company declared a quarterly dividend of $0.14 per share on April 28, 2025.
KANSAS CITY, Mo. , March 4, 2025 /PRNewswire/ -- Kansas City Life Insurance Company recorded a net loss of $12.6 million or $1.30 per share in the fourth quarter of 2024, down from net income of $49.1 million or $5.07 per share in the fourth quarter of 2023.
KANSAS CITY, Mo. , Jan. 27, 2025 /PRNewswire/ -- The Board of Directors of Kansas City Life Insurance Company declared a quarterly dividend of $0.14 per share on Jan. 27, 2025.
KANSAS CITY, Mo. , July 26, 2024 /PRNewswire/ -- Kansas City Life Insurance Company recorded net income of $4.7 million or $0.49 per share in the second quarter of 2024 compared to net income of $4.5 million or $0.46 per share in the second quarter of 2023.
KANSAS CITY, Mo. , July 25, 2024 /PRNewswire/ -- Kansas City Life Insurance Company (the "Company") announced that the Board of Directors has appointed Eileen M.