| Business Summary | | Kansas
City
Life
Insurance
Company
underwrites
a
full
line
of
individual
life
insurance
and
annuity
products,
primarily
operating
in
four
business
segments:
its
individual
business,
its
group
business,
and
its
two
insurance
affiliates,
Sunset
Life
Insurance
Company
of
America
and
Old
American
Insurance
Company.
The
Company
operates
nationwide,
being
licensed
in
48
states
and
the
District
of
Columbia.
Sunset
Life
Insurance
Company
markets
interest
sensitive
and
traditional
products
to
individuals
through
a
personal
producing
general
agency
system.
Life
Insurance
Company
operates
in
40
states
and
is
in
the
process
of
filing
for
admission
to
operate
in
most
of
the
remaining
states.
Old
American
Insurance
Company
markets
whole
life
final
expense
products
to
seniors
through
a
general
agency
sales
force.
Old
American
operates
in
46
states. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Kansas
City
Life
Insurance
Company
underwrites
a
full
line
of
individual
life
insurance
and
annuity
products
through
its
two
wholly
owned
subsidiaries.
For
the
six
months
ended
6/30/01,
total
revenues
fell
1%
to
$235.1
million.
Net
income
decreased
22%
to
$21
million.
Revenues
reflect
decreased
life
insurance
premiums
and
a
realized
loss
vs.
a
gain.
Net
income
reflects
increased
amortization
of
policy
acquisition
cost
and
higher
death
benefits. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| J. Bixby, 75 Chairman | -- | R. Philip Bixby, 47 Pres,
CEO, Vice Chairman | $493K | Richard Finn, 59 Sr.
VP - Fin. | 283K | Jack Hayes, 60 Sr.
VP-Emeritus, Marketing, Director | 241K | Charles Duffy, Jr., 53 Sr.
VP, Operations | 238K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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