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Kemper Corporation  (KMPR)
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Price: $62.2000 $-1.04 -1.645%
Day's High: $63.25 Week Perf: 1.04 %
Day's Low: $ 61.77 30 Day Perf: 5.05 %
Volume (M): 297 52 Wk High: $ 64.69
Volume (M$): $ 18,461 52 Wk Avg: $52.44
Open: $63.25 52 Wk Low: $38.32



 Market Capitalization (Millions $) 4,032
 Shares Outstanding (Millions) 65
 Employees 5,600
 Revenues (TTM) (Millions $) 4,792
 Net Income (TTM) (Millions $) -226
 Cash Flow (TTM) (Millions $) 66
 Capital Exp. (TTM) (Millions $) 59

Kemper Corporation

Kemper is a diversified insurance holding company, with subsidiaries that provide automobile, homeowners, life, health, and other insurance products to individuals and businesses. The Company is engaged, through its subsidiaries, in the property and casualty insurance and life and health insurance businesses. The Company conducts its operations through two operating segments: Property & Casualty Insurance and Life & Health Insurance. The Company conducts its operations solely in the United States.

The Property & Casualty Insurance segment provides automobile, homeowners, renters, fire, umbrella and other types of property and casualty insurance to individuals and commercial automobile insurance to businesses. Property insurance indemnifies an insured with an interest in physical property for loss of, or damage to, such property. Casualty insurance primarily covers liability for damage to property of, or injury to, a person or entity other than the insured. In most cases, casualty insurance also obligates the insurance company to provide a defense for the insured in litigation arising out of events covered by the policy.


The Property & Casualty Insurance segment distributes its products primarily through independent agents and brokers who are paid commissions for their services. The Property & Casualty Insurance segment’s direct-to-consumer operations, which were placed into run-off in 2012, accounted for approximately 6% of the Property & Casualty Insurance segment’s earned premiums in 2015. In addition, the Life & Health Insurance segment’s career agents also sell contents coverage for personal property to its customers.

Pricing levels for property and casualty insurance products are influenced by many factors, including the frequency and severity of claims, state regulation and legislation, competition, general business and economic conditions, including market rates of interest, inflation, expense levels, and judicial decisions. In addition, many state regulators require consideration of investment income when approving or setting rates, which could reduce underwriting margins.

 

Catastrophes and natural disasters are inherent risks of the property and casualty insurance business. These catastrophic events and natural disasters include, without limitation, hurricanes, tornadoes, earthquakes, hailstorms, wildfires, high winds and winter storms. Such events result in insured losses that are, and are expected to be, a material factor in the results of operations and financial position of Kemper’s property and casualty insurance companies. Further, because the level of insured losses that could occur in any one year cannot be accurately predicted, these losses contribute to material year-to-year fluctuations in the results of operations and financial position of these companies. Specific types of catastrophic events are more likely to occur at certain times within the year than others. This factor adds an element of seasonality to property and casualty insurance claims. The occurrence and severity of catastrophic events cannot be accurately predicted in any year. However, some geographic locations are more susceptible to these events than others. The Company has endeavored to manage its direct insurance exposures in certain regions that are prone to naturally occurring catastrophic events through a combination of geographic diversification, restrictions on the amount and location of new business production in such regions, modifications of, and/or limitations to coverages and deductibles for certain perils in such regions and reinsurance. The Company has adopted the industry-wide catastrophe classifications of storms and other events promulgated by Insurance Services Office, Inc. (“ISO”) to track and report losses related to catastrophes. ISO classifies a disaster as a catastrophe when the event causes $25 million or more in direct insured losses to property and affects a significant number of policyholders and insurers. ISO-classified catastrophes are assigned a unique serial number recognized throughout the insurance industry.

The Company’s Life & Health Insurance segment consists of Kemper’s wholly-owned subsidiaries, United Insurance Company of America (“United Insurance”), The Reliable Life Insurance Company (“Reliable”), Union National Life Insurance Company (“Union National Life”), Mutual Savings Life Insurance Company (“Mutual Savings Life”), United Casualty Insurance Company of America (“United Casualty”), Union National Fire Insurance Company (“Union National Fire”), Mutual Savings Fire Insurance Company (“Mutual Savings Fire”) and Reserve National Insurance Company (“Reserve National”). As discussed below, United Insurance, Reliable, Union National Life, Mutual Savings Life, United Casualty, Union National Fire and Mutual Savings Fire (the “Kemper Home Service Companies”) distribute their products through a network of employee, or “career,” agents. Reserve National distributes its products through a network of independent agents and brokers. These career agents, independent agents and brokers are paid commissions for their services.

Premiums for life and health insurance products are based on assumptions with respect to mortality, morbidity, investment yields, expenses, and lapses and are also affected by state laws and regulations, as well as competition. Pricing assumptions are based on the experience of Kemper’s life and health insurance subsidiaries, as well as the industry in general, depending on the factor being considered. The actual profit or loss produced by a product will vary from the anticipated profit if the actual experience differs from the assumptions used in pricing the product.


Premiums for policies sold by the Kemper Home Service Companies are set at levels designed to cover the relatively high cost of “in-home” servicing of such policies. As a result, Kemper Home Service Companies’ premiums have a higher load for expense than the life insurance industry average.
Premiums for Medicare supplement and other accident and health policies must take into account the rising costs of medical care. The annual rate of medical cost inflation has historically been higher than the general rate of inflation, necessitating frequent rate increases, most of which are subject to approval by state regulators.



   Company Address: 200 E. Randolph Street Chicago 60601 IL
   Company Phone Number: 661-4600   Stock Exchange / Ticker: NYSE KMPR
   


Customers Net Income fell by KMPR's Customers Net Profit Margin fell to

-19.69 %

10.06 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
AIG   -4.12%    
ALL        4.48% 
HIG   -1.53%    
L        0.83% 
PGR        1.04% 
TRV   -4.65%    
• View Complete Report
   



Business Update

Kemper Foundations 2024 Community Impact Report Overcoming Financial Hurdles to Deliver Remarkable Social Change...

Published Tue, Jul 9 2024 3:47 PM UTC

The Kemper Foundation Releases 2024 Community Impact Report: A Comprehensive Overview of Their Commitment to Education, Health, and Community DevelopmentCHICAGO - The Kemper Foundation, in collaboration with Kemper Corporation (NYSE: KMPR), is proud to announce the release of their highly anticipated 2024 Community Impact Report. This report details the impressive $3.1 milli...

Kemper Corporation

Kemper Corporation Thrives in Early 2024: Financial Performance on the Rise

Kemper Corporation's stock has been on an impressive upward trajectory, showcasing strong gains over the past 7 days and a notable increase of 21.41% in 2024 thus far. The stock is trending higher and is only 6.6% away from its 52-week high, suggesting a positive sentiment among investors.
The company's financial performance for the January to March 31 2024 fiscal interval has been promising. The income turned positive at $1.10 per share, a significant improvement from the previous year's loss of $-1.25 per share. Income grew by 37.18% compared to the prior reporting period, reaching $0.80 per share. Despite a slight decline in revenue by -11.724% to $1.14 billion from $1.29 billion a year ago, the bottom line saw a substantial increase of 194.96% to $70.200 million in the same period.

Management Changes

Kemper Mourns the Loss of Director Kathleen Cronin as Company Achieves Positive ROI Growth

Published Tue, Mar 5 2024 10:00 PM UTC



CHICAGO - Kemper Corporation (NYSE: KMPR) recently announced the passing of Kathleen M. Cronin, a highly regarded member of its Board of Directors. Cronin, who had been a part of Kemper's board since February 2015, passed away on March 3 after battling an extended illness. During her tenure, she made invaluable contributions and served on numerous board committees....

Management Changes

Kemper Corporation Appoints Bradley T Camden as CFO, Shares Surge on Investor Confidence

Published Mon, Feb 12 2024 9:05 PM UTC

Kemper Corporation Appoints Bradley T. Camden as CFO, Shares Surge on Investor Confidence
In a strategic move aimed at fortifying its financial leadership, Kemper Corporation, a prominent insurance provider, announced the appointment of Bradley T. Camden as its new Executive Vice President and Chief Financial Officer (CFO). Effective immediately, Camden will assume the r...

Kemper Corporation

Kemper Corporation Turns the Tide on Profitability, but Challenges Loom Ahead

The recent financial results of Kemper Corporation for the fiscal year ending December 31, 2023, have brought both positive and negative developments for the insurance and financial services provider. On one hand, the company has managed to turn a profit with earnings per share of $0.80, a significant improvement from the loss of $0.87 per share in the previous year. The operating earnings also saw a substantial increase of 42.27% to $429.8 million. However, the revenue showed a decline of -13.765% to $1.19 billion compared to the same quarter a year ago, and a decrease of -1.017% sequentially.
The net shortfall of $-168.500 million and a shortfall of $-272.30 million for the financial period 2023 are concerning figures, indicating challenges that Kemper Corporation may be facing in terms of profitability. The decrease in accounts receivable to $200.5 million could be interpreted as a signal of slowing demand, which may impact the company's revenue in the future.






 

Kemper's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Kemper does not provide revenue guidance.

Earnings Outlook
Kemper Corporation does not provide earnings estimates.

 
Geographic Revenue Dispersion




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