Kemper Corporation Company profile
About Kemper Corp
Kemper Corp is a diversified insurance holding company. The Company, through its subsidiaries provides automobile, homeowners, life, health, and other insurance products to individuals and businesses. It operates through three segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance. The Specialty Property & Casualty Insurance segment provides personal and commercial automobile insurance to consumers who have had difficulty obtaining standard or preferred risk insurance, usually because of their driving records, claims experience or premium payment history. The Preferred Property & Casualty Insurance segment primarily sells preferred automobile insurance, homeowners insurance and other personal insurance. The Life & Health Insurance segment's products are individual life, accident, health and property insurance. These products are distributed by career agents employed by the Company and independent agents and brokers.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Kemper Corp revenues increased 10% to $5.69B. Net loss applicable to common stockholders totaled $120.5M vs. income of $409.5M. Revenues reflect Specialty Property & Casualty Insurance segment increase of 18% to $4.08B, Sale of Investments segment increase of 70% to $64.8M. Net loss reflects Specialty Property & Casualty Insurance segment loss totaling $292.1M vs. income of $420.9M.
Equity composition
Common Stock $.10 Par, 05/11, 100M auth., 60,452,971 issd. Insiders own 22.74%. Stock issued 3/90 per distribution to Teledyne share-holders; Basis: 1-for-1. 3/99, 2-for-1 stock split.