XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Earned Premiums (Changes in Deferred Profit Liability for the Three Months Ended: 2024 - $16.4; 2023 - $15.9 and Nine Months Ended: 2024 - $52.8; 2023 - $51.6) $ 1,068.5 $ 1,117.8 $ 3,134.1 $ 3,465.6
Net Investment Income 111.1 107.0 304.5 315.1
Change in Value of Alternative Energy Partnership Investments 0.5 0.8 1.5 2.3
Other Income 2.2 2.4 6.4 5.3
Change in Fair Value of Equity and Convertible Securities (2.3) 2.8 (0.1) 6.9
Net Realized Investment Gains (Losses) 1.1 (30.3) 9.2 (38.3)
Impairment Losses (2.2) (1.1) (3.8) 0.1
Total Revenues 1,178.9 1,199.4 3,451.8 3,757.0
Expenses:        
Policyholders’ Benefits and Incurred Losses and Loss Adjustment Expenses (Changes in Liability for Future Policyholder Benefits for the Three Months Ended: 2024 - $0.3; 2023 - $6.1 and Nine Months Ended: 2024 - $7.9; 2023 - $8.6) 769.3 975.2 2,269.7 3,011.9
Insurance Expenses 254.3 259.0 739.3 794.4
Interest and Other Expenses 64.6 156.0 173.6 311.7
Goodwill Impairment 0.0 0.0 0.0 49.6
Total Expenses 1,088.2 1,390.2 3,182.6 4,167.6
Income (Loss) before Income Taxes 90.7 (190.8) 269.2 (410.6)
Income Tax (Expense) Benefit (18.5) 44.4 (52.4) 87.0
Net Income (Loss) 72.2 (146.4) 216.8 (323.6)
Less: Net Loss attributable to Noncontrolling Interest (1.5) (0.1) (3.6) (0.1)
Net Income (Loss) attributable to Kemper Corporation $ 73.7 $ (146.3) $ 220.4 $ (323.5)
Net Income (Loss) attributable to Kemper Corporation per Unrestricted Share:        
Basic (in dollars per share) $ 1.15 $ (2.28) $ 3.43 $ (5.05)
Diluted (in dollars per share) $ 1.14 $ (2.28) $ 3.40 $ (5.05)