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 (KMPR) is a leading provider of diversified insurance solutions across property & casualty and life insurance markets. This news hub aggregates official press releases, financial disclosures, and market developments related to Kemper's operations.
Investors and industry observers will find timely updates on quarterly earnings, product innovations, leadership appointments, and strategic initiatives. The curated collection serves as a primary resource for tracking Kemper's market position, underwriting developments, and responses to insurance industry trends.
Key content categories include financial performance reports, coverage expansions, risk management updates, and regulatory filings. All materials are sourced directly from company communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined access to Kemper's latest corporate developments. For comprehensive analysis of insurance sector dynamics, combine these updates with broader market research through your preferred financial platforms.
Kemper (KMPR) reported strong Q4 2024 financial results with net income of $97.4 million ($1.51 per diluted share), compared to $51.4 million ($0.80 per share) in Q4 2023. The company's adjusted consolidated net operating income reached $115.1 million ($1.78 per share), up from $50.5 million ($0.78 per share) in Q4 2023.
Key highlights include a 14.0% ROE and 21.4% Adjusted ROE for the quarter, with Specialty P&C achieving 5.1% year-over-year policy growth and a 91.5% annual underlying combined ratio. The company maintains strong parent liquidity of $1.3 billion and repurchased approximately $14 million of stock while increasing its quarterly dividend.
Total revenues for Q4 2024 slightly decreased to $1,186.8 million. The Specialty Property & Casualty segment reported adjusted net operating income of $101.2 million, while the Life Insurance segment contributed $23.5 million. Book value per share increased 12% to $43.68 from year-end 2023.
Kemper (NYSE: KMPR) has announced a quarterly dividend increase of 3.1%, raising it by one cent to $0.32 per share. This adjustment brings the annual dividend to $1.28 per share, up from the previous $1.24. The dividend will be paid on March 4, 2025, to shareholders of record as of February 18, 2025. President and CEO Joseph P. Lacher, Jr. stated that this increase reflects the company's confidence in achieving consistent, long-term growth for shareholders.
Kemper (NYSE: KMPR) has announced its schedule for the release of fourth quarter 2024 earnings. The company will publish its earnings release and financial supplement after market close on Wednesday, February 5, followed by the filing of its annual report on Form 10-K.
The company has also provided preliminary insight into its first quarter 2025 California wildfire exposure, reporting estimated losses of less than $1 million. A conference call to discuss Q4 2024 results will be held on February 5 at 5:00 pm Eastern (4:00 pm Central), accessible via webcast and telephone.
Kemper (NYSE: KMPR) has announced plans to redeem its $450 million of 4.350% Senior Notes ahead of schedule. The company will redeem the Notes in full on February 11, 2025, slightly before their original maturity date of February 15, 2025. The redemption will be executed at 100.00% of the principal amount, plus accrued and unpaid interest up to the redemption date. Kemper plans to fund this redemption using available cash, and upon completion, all Notes will be fully redeemed with none remaining outstanding.
The Kemper Foundation, philanthropic partner of Kemper (NYSE: KMPR), has launched the Read Conmigo School Impact Grants program. The initiative will provide up to 22 annual grants of $10,000 each to Title I elementary schools across Greater Los Angeles, Miami, Dallas, and McAllen, TX.
The grants support school-wide dual-language (Spanish-English) education programs for bilingual students in Title I elementary schools. Eligible institutions include public and charter elementary schools in specific counties across California, Florida, and Texas. The funds can be used for dual-language program initiatives, technology improvements, professional development, and cultural engagement activities.
Applications are open from January 8 to March 9, 2025. The program builds upon the success of the Read Conmigo Educator Grants, which have shown measurable improvements in student outcomes including reading comprehension, writing, and technology skills.
The Kemper Foundation, philanthropic arm of Kemper (NYSE: KMPR), has launched Read Conmigo School Impact Grants, offering $10,000 grants to support dual-language (Spanish-English) education programs in Title I elementary schools. The initiative will provide up to 22 grants annually across Greater Los Angeles, Miami, Dallas, and McAllen, TX.
The grants target Title I public and charter elementary schools in specific counties including Los Angeles, Orange, Riverside, San Bernardino, Ventura, Broward, Miami-Dade, Dallas, and Hidalgo. Schools can use funds for dual-language program initiatives, technology improvements, professional development, and cultural engagement activities. Applications are open from January 8 to March 9, 2025.
This expansion builds on the success of Read Conmigo Educator Grants, which have improved student outcomes in reading comprehension, writing, spelling, vocabulary, phonics, speaking and technology skills.
The Kemper Foundation, philanthropic partner of Kemper (NYSE: KMPR), has launched the Read Conmigo School Impact Grants program. The initiative will provide up to 22 annual grants of $10,000 each to Title I elementary schools across Greater Los Angeles, Miami, Dallas, and McAllen, TX.
The grants target school-wide dual-language (Spanish-English) education programs for bilingual students, aiming to enhance bilingualism, biliteracy, academic achievement, and multicultural understanding. Eligible institutions include Title I public and charter elementary schools in specific counties across California, Florida, and Texas.
Applications are open from January 8 to March 9, 2025. Funds can be used for dual-language program initiatives, including school-wide resources, technology improvements, professional development, and cultural engagement activities. This program builds upon the success of the Read Conmigo Educator Grants, which have shown measurable improvements in student outcomes.
The Kemper Foundation has expanded its Read Conmigo Grant Program to include school-wide grants for Title I elementary schools. The foundation will provide up to 22 grants of $10,000 each to schools across Greater Los Angeles, Dallas and McAllen, TX, and Miami, supporting dual-language programs for Hispanic and Latino students.
The grants will fund bilingual school-wide initiatives, including library enhancements, educational technology, instructional support, and community engagement initiatives. Applications will be accepted through The Kemper Foundation's grants portal from January 8 to March 9, 2025. The program builds on the success of Read Conmigo Educator Grants, which have shown improvements in student outcomes including reading comprehension, writing, spelling, vocabulary, phonics, speaking and technology skills.
Kemper (NYSE: KMPR) has declared a quarterly dividend of $0.31 per share. The dividend will be paid on December 4, 2024, to shareholders recorded as of November 18, 2024.
Kemper Auto (NYSE: KMPR) is launching its community mural initiative in Miami on November 14, featuring work by local artist SURGE. The project, titled 'The Kemper Auto Mural Project, Conectando Comunidades,' celebrates Miami's Hispanic and Latino cultural heritage. The unveiling ceremony will take place at Del Toro Insurance's Miami location, with local officials and media in attendance. The initiative follows a successful inaugural mural in Los Angeles County and aligns with Kemper's various community programs, including the Kemper Scholars Program and Read Conmigo bilingual literacy program.