$KMPR

KEMPER Corp

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Kemper (KMPR) Q2 2026 Earnings Call Transcript

Kemper Corp (KMPR) reported Q2 2026 revenues of $1,092.7 million and a net loss of $464.8 million, driven by a $460 million non-cash goodwill impairment. Adjusted consolidated net operating income was $26.3 million. Specialty P&C income fell on higher CA claim severity and frequency, while Life income rose on higher net investment income. Management discussed rate actions and restructuring.

$KMPRMed

Kemper Q2 Earnings Call Highlights

Kemper (NYSE:KMPR) reported Q2 results and discussed credit-loss allowances tied to surplus notes in its reciprocal exchange, including a $21 million pre-tax charge on $36 million of notes. Holding-company liquidity was $766 million and debt-to-capital rose to 28.3%. Personal auto normalized combined ratio was 102% and commercial 93.7%, with California rate actions and restructuring savings over $80 million run-rate.

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