v3.26.1
Condensed Consolidated Statements of (Loss) Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Earned Premiums [1] $ 1,011.6 $ 1,130.8 $ 2,010.9 $ 2,218.7
Net Investment Income 105.4 95.9 212.5 197.1
Other Income 0.5 3.1 3.9 5.7
Change in Fair Value of Equity and Convertible Securities (1.7) (0.5) (3.0) (0.4)
Net Realized Investment Gains (Losses) 0.6 (0.1) 1.0 0.8
Impairment Losses (23.7) (3.6) (25.4) (3.3)
Total Revenues 1,092.7 1,225.6 2,199.9 2,418.6
Expenses:        
Policyholders’ Benefits and Incurred Losses and Loss Adjustment Expenses [2] 818.4 829.1 1,647.2 1,596.4
Insurance and Other Expenses 272.4 300.0 549.4 594.5
Interest Expense 8.9 9.0 18.2 20.4
Goodwill Impairment 460.0 0.0 460.0 0.0
Total Expenses 1,559.7 1,138.1 2,674.8 2,211.3
(Loss) Income before Income Taxes (467.0) 87.5 (474.9) 207.3
Income Tax (Benefit) Expense 1.0 (17.7) 4.5 (40.5)
Net (Loss) Income (466.0) 69.8 (470.4) 166.8
Less: Net Loss attributable to Noncontrolling Interest (1.2) (2.8) (3.9) (5.5)
Net (Loss) Income attributable to Kemper Corporation $ (464.8) $ 72.6 $ (466.5) $ 172.3
Net (Loss) Income attributable to Kemper Corporation per Unrestricted Share:        
Basic (in dollars per share) $ (7.90) $ 1.13 $ (7.93) $ 2.69
Diluted (in dollars per share) $ (7.90) $ 1.12 $ (7.93) $ 2.66
[1]
1 Includes a remeasurement loss of $0.2 million and $0.9 million related to the deferred profit liability within the Life Insurance business for the three months ended June 30, 2026 and 2025, respectively, and a remeasurement gain of $0.7 million for the six months ended June 30, 2026 and a remeasurement loss of $0.7 million for the six months ended June 30, 2025.
[2]
2 Includes a remeasurement gain related to the liability for future policyholder benefits within the Life Insurance business of $1.9 million and $0.2 million for the three months ended June 30, 2026 and 2025, respectively, and a remeasurement gain of $2.3 million for the six months ended June 30, 2026. There was no remeasurement gain or loss for the six months ended June 30, 2025.