Welcome to our dedicated page for Kemper news (Ticker: KMPR), a resource for investors and traders seeking the latest updates and insights on Kemper stock.
Kemper Corporation (NYSE: KMPR) is a diversified insurance company with Specialty Property & Casualty and Life Insurance operations, and its news flow reflects both segment performance and corporate actions. The company’s releases regularly cover quarterly operating results, highlighting net income or net loss attributable to common shareholders, adjusted consolidated net operating income, and the impact of catastrophe losses and related loss adjustment expenses.
Investors following KMPR news will see detailed updates on the Specialty Property & Casualty segment, which focuses on personal and commercial automobile insurance. Kemper reports metrics such as earned premiums, policies in force, underlying combined ratios, and the effects of rate increases, claim severity, and prior-year development. The Life Insurance segment is also featured in news items, with commentary on net operating income, net investment income, and mortality experience on life products.
Kemper’s news releases also address capital and shareholder return decisions. Recent announcements include quarterly cash dividends, a new share repurchase authorization, and an accelerated share repurchase transaction under existing repurchase programs. These items are accompanied by management commentary on capital deployment, liquidity at the parent company, and the company’s view of its share valuation.
Corporate governance and leadership developments are another recurring theme. News and related Form 8-K filings describe CEO succession, the appointment of an interim chief executive officer, retention awards for senior executives, and separation arrangements for departing leaders. Credit rating actions by AM Best on Kemper’s property/casualty and life subsidiaries, as well as on parent-level debt, also appear in the news stream and provide additional context on balance sheet strength and operating performance.
By monitoring this KMPR news page, readers can review earnings releases, capital management announcements, rating agency updates, and governance disclosures that together outline how Kemper’s insurance businesses and corporate strategy are evolving over time.
Kemper Corporation (NYSE: KMPR) has declared a quarterly dividend of $0.31 per share, payable on August 29, 2022, to shareholders of record as of August 15, 2022. With approximately $14 billion in assets, Kemper offers personalized insurance solutions through its various brands, covering over 6.2 million policies. The company is committed to meeting the needs of its customers with a dedicated workforce of around 10,400 associates.
Kemper Corporation (NYSE: KMPR) reported a net loss of $74.7 million for Q2 2022, worsening from a $62.6 million loss in Q2 2021. Adjusted for acquisitions, the loss was $71.3 million, compared to $52.5 million last year. Major factors included a $32 million after-tax loss from equity and convertible securities. Despite lower revenues by 5% to $1.43 billion, the company experienced a 42% year-over-year growth in commercial vehicle premiums. Kemper declared a $0.31 dividend per share, indicating commitment to shareholder returns.
Kemper Corporation (NYSE: KMPR) has reached an agreement to sell Reserve National Insurance Company for $90 million to Medical Mutual of Ohio. This deal, pending regulatory approval, is expected to close in late 2022 or early 2023. Reserve National generates over $170 million in written premiums and specializes in accident and health insurance. Kemper aims to realign its focus toward its P&C and life insurance sectors post-transaction. The company is anticipated to report a gain upon completion.
Kemper Corporation (NYSE: KMPR) will release its second quarter 2022 earnings report, financial supplement, and Form 10-Q on August 1, 2022, after market close. A conference call to discuss the results will occur on the same day at 5:00 p.m. Eastern. The earnings report will be accessible on the investor section of kemper.com. Kemper is a leading specialized insurer with approximately $15 billion in assets, servicing over 6.4 million policies through its various insurance brands.
The Kemper Foundation has launched the Read Conmigo bilingual educator grant program, aimed at enhancing bilingual literacy skills among Latino students. Annually, up to 100 grants of $3,000 will be awarded to teachers in Spanish-English bilingual classrooms. The first grant cycle is focused on the Greater Los Angeles Area, with intentions to expand in Spring 2023. Applications for the Fall 2022 cycle are due by June 26, 2022. This initiative reflects the Foundation's commitment to supporting education and the benefits of bilingualism in the Latino community.
Kemper Corporation (NYSE: KMPR) has announced that Joseph P. Lacher Jr., CEO and Chairman, alongside CFO James J. McKinney, will participate in a virtual fireside chat at the UBS Symposium on May 17 at 4:00 p.m. Eastern time. The event will be accessible via live webcast on Kemper's investor website, with an archive available afterward. Kemper, a leading specialized insurer with around $15 billion in assets, serves over 6.4 million policies through its Auto, Personal, Life, and Health brands.
Kemper Corporation (NYSE: KMPR) has declared a quarterly dividend of $0.31 per share, payable on May 31, 2022, to shareholders of record as of May 16, 2022. Additionally, Kemper has appointed Stuart B. Parker as the new independent lead director, succeeding Robert J. Joyce. Joyce, who served as chairman from November 2015 to May 2021, will remain on the board. Kemper specializes in insurance solutions with approximately $15 billion in assets, serving over 6.4 million policies.
Kemper Corporation (NYSE: KMPR) reported a net loss of $94.8 million, or $(1.49) per diluted share, for Q1 2022, compared to a net income of $123.2 million, or $1.85 per diluted share, in Q1 2021. Adjusted for acquisitions, the net loss was $91.3 million. Revenue increased by 3% to $1,388.7 million, driven by higher Specialty P&C earned premiums, despite a decline in personal automobile policies. Debt offerings have strengthened liquidity to $1.2 billion. A quarterly dividend of $0.31 per share was declared.
Kemper Corporation (NYSE: KMPR) will release its first quarter 2022 earnings on May 2, 2022, after market close. The earnings release, financial supplement, and Form 10-Q will be available on kemper.com. A conference call to discuss these results is scheduled for 5:00 p.m. Eastern on the same day, accessible via 844.200.6205 or online. Kemper, with approximately $15 billion in assets, serves over 6.5 million policies through its insurance brands, aiming to provide affordable personalized solutions.
Kemper Corporation (NYSE: KMPR) has announced a registered offering of $150 million in 5.875% Fixed-Rate Reset Junior Subordinated Debentures due in 2062. The funds will be used for general corporate purposes, including working capital and potential acquisitions. The offering is expected to close on March 10, 2022, subject to customary conditions. The transaction is managed by Wells Fargo Securities, BofA Securities, and Morgan Stanley. This announcement follows Kemper's strategy to strengthen its financial position and support its insurance business.