Kansas City Life Insurance Company reported consolidated earnings results for the third quarter and nine months of 2009. For the quarter, the company recorded net income of $5.2 million or $0.45 per share, improving from a net loss of $15.2 million or $1.30 per share for the same quarter in the prior year. The increase in earnings in the third quarter of 2009 was primarily due to a $28.2 million decrease in realized investment losses. The company benefited from the significant improvement in the financial markets in recent months, including reduced write-downs on investments, along with increased investment values and net investment income from investments. Realized investment losses, primarily from write-downs on securities, totaled $1.1 million for the third quarter. This represented a $28.2 million improvement compared with the prior year. Net investment income also increased $0.2 million in the third quarter, primarily due to improved yields on alternative investments. Premiums from new sales during the third quarter were $17.6 million, an increase of $8.6 million versus the prior year. Virtually all of the increase resulted from an $8.4 million increase in immediate annuities during the period. Premiums from new individual life insurance sales increased $0.3 million or 8% during the quarter but new group sales decreased 4%. Total insurance revenues increased 11% for the third quarter of 2009 For the nine months, the company reported net income of $8.7 million or $0.75 per share compared with a net loss of $9.9 million or a loss of $0.85 per share in the prior year. This significant improvement was primarily due to reduced realized investment losses, which decreased $30.3 million between the two periods. Realized investment losses were $7.3 million for the nine months of 2009 compared with realized investment losses of $37.6 million one year earlier. Net investment income declined 3% in the nine months, resulting from lower yields and a lower volume of investment assets. New premiums increased 25%, largely from the increase in immediate annuities. In addition, new individual life insurance sales increased 6%, while new group life insurance declined 29%. Total insurance revenues increased 3% for the nine months of 2009, largely due to the increase in immediate annuity premiums. On October 26, 2009, the company's board of directors declared a quarterly dividend of $0.27 per share that will be paid on November 11, 2009 to stockholders of record as of November 5, 2009. The company reported write-downs on securities, totaled $1.1 million for the third quarter of 2009.

Kansas City Life Insurance Company reported earnings results for the second quarter and first half ended June 30, 2009. For the quarter, the company reported net income of $8.0 million or $0.70 per share, an increase of $6.4 million from net income of $1.7 million or $0.14 per share for the same quarter in the prior year. The improved earnings in the second quarter of 2009 were largely due to lower realized losses from the write-down of investments, favorable changes in policyholder benefits from reduced death benefit payments and contract reserves, and reduced amortization of deferred acquisition costs and value of business acquired. The company net income for the first six months of 2009 was $3.5 million or $0.30 per share compared with $5.3 million or $0.45 per share in the prior year. Realized investment losses decreased $2.2 million and policyholder benefits declined $6.0 million. These favorable changes were partially offset by a decline in insurance revenues and net investment income, along with increased operating expenses. On July 27, 2009, the company Board of Directors declared a quarterly dividend of $0.27 per share that will be paid on August 12, 2009 to stockholders of record as of August 6, 2009.

Kansas City Life Insurance Company reported unaudited consolidated earnings results for first quarter ended March 31, 2009. For the quarter, the company reported net loss of $4,584,000 or $0.40 loss per basic and diluted share on total revenues of $101,635,000 compared to net income of $3,602,000 or $0.31 per basic and diluted share on total revenues of $108,319,000 for the same period a year ago. Loss before income taxs expenses was of $6,959,000 compared to income before income taxes expenses of $5,622,000 for the same period a year ago. Net cash provided by operating activities was of $12,557,000 compared to net cash used by operating activities of $11,329,000 for the same period a year ago.