Kansas City Life Earnings Jump 72 Percent
November 8, 2013 by Mark Davis, The Kansas City Star
| By Mark Davis, The Kansas City Star | |
| McClatchy-Tribune Information Services |
Nov. 08–Kansas City Life Insurance Co. earned $7.1 million, or 65 cents a share, in the third quarter. Its profits were up 72 percent from a year ago when the company earned $4.1 million, or 38 cents a share.
The company’s Thursday announcement said its higher profit reflected higher contract charges and gains on investments.
Revenues totaled $119.4 million in the quarter, up from $104.3 million a year ago.
To reach Mark Davis, call 816-234-4372 or send email to mdavis@kcstar.com.
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Originally Posted at InsuranceNewsNet.com on November 7, 2013 by Mark Davis, The Kansas City Star.
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