KEMPER Corp
For the period ended Sep 30, 2026. Filed Nov 9, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 9, 2026
KMPR$33.15-0.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Financial Statements
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS)
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| Sep 30,2026 | Sep 30,2025 | Sep 30,2026 | Sep 30,2025 | |
| Revenues: | ||||
| Earned Premiums1 | $983.4 | $1,133.3 | $2,994.3 | $3,352.0 |
| Net Investment Income | 107.3 | 104.8 | 319.8 | 301.9 |
| Other Income | 1.5 | 2.9 | 5.4 | 8.6 |
| Change in Fair Value of Equity and Convertible Securities | 3.2 | (2.1) | 0.2 | (2.5) |
| Net Realized Investment (Losses) Gains | (1.1) | 3.9 | (0.1) | 4.7 |
| Impairment Losses | (3.7) | (3.1) | (29.1) | (6.4) |
| Total Revenues | 1,090.6 | 1,239.7 | 3,290.5 | 3,658.3 |
| Expenses: | ||||
| Policyholders’ Benefits and Incurred Losses and Loss Adjustment Expenses2 | 752.6 | 924.6 | 2,399.8 | 2,521.0 |
| Insurance and Other Expenses | 264.9 | 339.1 | 814.3 | 933.6 |
| Interest Expense | 9.0 | 9.1 | 27.2 | 29.5 |
| Goodwill Impairment | — | — | 460.0 | — |
| Total Expenses | 1,026.5 | 1,272.8 | 3,701.3 | 3,484.1 |
| Income (Loss) before Income Taxes | 64.1 | (33.1) | (410.8) | 174.2 |
| Income Tax Expense (Benefit) | 10.4 | (8.9) | 5.9 | 31.6 |
| Net Income (Loss) | 53.7 | (24.2) | (416.7) | 142.6 |
| Less: Net Income (Loss) attributable to Noncontrolling Interest | 1.3 | (3.2) | (2.6) | (8.7) |
| Net Income (Loss) attributable to Kemper Corporation | $52.4 | $(21.0) | $(414.1) | $151.3 |
| Net Income (Loss) attributable to Kemper Corporation per Unrestricted Share: | ||||
| Basic | $0.89 | $(0.34) | $(7.04) | $2.40 |
| Diluted | $0.88 | $(0.34) | $(7.04) | $2.37 |
| 1 Includes a remeasurement gain of $12.6 million and a remeasurement loss of $0.9 million for the three months ended September 30, 2026 and 2025, respectively, related to the deferred profit liability within the Life Insurance business. There was a remeasurement gain of $13.3 million for the nine months ended September 30, 2026 and a remeasurement loss of $1.6 million for the nine months ended September 30, 2025. | ||||
| 2 Includes a remeasurement loss of $9.2 million and a remeasurement gain of $1.8 million related to the liability for future policyholder benefits within the Life Insurance business for the three months ended September 30, 2026 and 2025, respectively. There was a remeasurement loss of $6.9 million and a remeasurement gain of $1.8 million for the nine months ended September 30, 2026 and 2025, respectively. | ||||
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| Sep 30,2026 | Sep 30,2025 | Sep 30,2026 | Sep 30,2025 | |
| Net Income (Loss) | $53.7 | $(24.2) | $(416.7) | $142.6 |
| Other Comprehensive (Loss) Income Before Income Taxes: | ||||
| Changes in Unrealized (Losses) Gains on Investment Securities with: | ||||
| No Credit Losses Recognized in Condensed Consolidated Statements of Income (Loss) | (367.4) | 107.9 | (405.1) | 179.2 |
| Credit Losses Recognized in Condensed Consolidated Statements of Income (Loss) | (0.8) | (1.0) | (1.7) | 0.3 |
| Change in Unrecognized Postretirement Benefit Income | (0.4) | (0.5) | (1.1) | (1.6) |
| (Loss) Gain on Cash Flow Hedges | (0.2) | 0.7 | (0.4) | 1.1 |
| Change in Discount Rate on Future Life Policyholder Benefits | 248.0 | (68.4) | 288.4 | (81.4) |
| Other Comprehensive (Loss) Income Before Income Taxes | (120.8) | 38.7 | (119.9) | 97.6 |
| Other Comprehensive Income Tax (Benefit) Expense | (25.5) | 8.0 | (25.2) | 19.9 |
| Other Comprehensive (Loss) Income, Net of Taxes | (95.3) | 30.7 | (94.7) | 77.7 |
| Total Comprehensive (Loss) Income | (41.6) | 6.5 | (511.4) | 220.3 |
| Less: Net Income (Loss) attributable to Noncontrolling Interest | 1.3 | (3.2) | (2.6) | (8.7) |
| Less: Other Comprehensive (Loss) Income attributable to Noncontrolling Interest | (0.7) | 0.1 | (1.0) | 0.3 |
| Less: Total Comprehensive Income (Loss) attributable to Noncontrolling Interest | 0.6 | (3.1) | (3.6) | (8.4) |
| Comprehensive (Loss) Income attributable to Kemper Corporation | $(42.2) | $9.6 | $(507.8) | $228.7 |
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