SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D C
FORM 10-Q
QUARTERLY REPORT
Under Section 13 or 15 (d) of the Securities Exchange Act of 1934
FOR NINE MONTHS ENDED
September 30, 1995
Commission File: 0-1999
KENTUCKY INVESTORS, INC.
(Exact name of registrant as specified in Charter)
KENTUCKY 61-6030333
(State of other jurisdiction (IRS Employer
of incorporation or organization) Identification Number)
200 Capital Ave. P.O. Box 717 Frankfort KY 40602
(Address of principal executive offices)
Registrant's telephone number - (502) 223-2361
Securities registered pursuant to Section 13 (g) of the Act:
Common Capital Stock, par value $1.00 per share (Title of Class)
Number of outstanding shares as of September 30, 1995 - 785,689
(Title of Class)
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. YES_X_ NO____
PART II - OTHER INFORMATION
ITEM 6. Exhibits and Reports on Form 8-K
(b) There were no reports filed on Form 8-K during the quarter ended September
30, 1995.
(c) Exhibit 27 - Financial Data Schedule.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
KENTUCKY INVESTORS, INC.
November 14, 1995
DATE \s\
BY: Harry Lee Waterfield II
President
November 14, 1995
DATE \s\
BY: Jimmy R. McIver,
Treasurer
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<ARTICLE> 7
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> SEP-30-1995
<DEBT-HELD-FOR-SALE> 123,624,316
<DEBT-CARRYING-VALUE> 6,443,301
<DEBT-MARKET-VALUE> 6,544,316
<EQUITIES> 2,532,102
<MORTGAGE> 12,719,629
<REAL-ESTATE> 0
<TOTAL-INVEST> 154,601,671
<CASH> 2,207,506
<RECOVER-REINSURE> 591,615
<DEFERRED-ACQUISITION> 29,613,501
<TOTAL-ASSETS> 203,466,189
<POLICY-LOSSES> 152,265,096
<UNEARNED-PREMIUMS> 8,085,775
<POLICY-OTHER> 1,559,017
<POLICY-HOLDER-FUNDS> 2,235,707
<NOTES-PAYABLE> 0
<COMMON> 785,689
0
0
<OTHER-SE> 21,560,233
<TOTAL-LIABILITY-AND-EQUITY> 203,466,189
21,905,292
<INVESTMENT-INCOME> 7,816,718
<INVESTMENT-GAINS> 24,367
<OTHER-INCOME> 294,431
<BENEFITS> 12,946,350
<UNDERWRITING-AMORTIZATION> 268,863
<UNDERWRITING-OTHER> 16,577,315
<INCOME-PRETAX> 248,280
<INCOME-TAX> 54,310
<INCOME-CONTINUING> 193,970
<DISCONTINUED> 0
<EXTRAORDINARY> 78,739
<CHANGES> 0
<NET-INCOME> 115,231
<EPS-PRIMARY> .15
<EPS-DILUTED> 0
<RESERVE-OPEN> 0
<PROVISION-CURRENT> 0
<PROVISION-PRIOR> 0
<PAYMENTS-CURRENT> 0
<PAYMENTS-PRIOR> 0
<RESERVE-CLOSE> 0
<CUMULATIVE-DEFICIENCY> 0
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