Receivables from Policyholders - Allowance for Expected Credit Losses

12 Months Ended

Dec. 31, 2024

Receivables from Policyholders - Allowance for Expected Credit Losses

RECEIVABLES FROM POLICYHOLDERS - ALLOWANCE FOR EXPECTED CREDIT LOSSES

The following tables present the balances of Receivables from Policyholders, net of the allowance for expected credit losses, as of December 31, 2024 and 2023, and a roll forward of changes in the allowance for expected credit losses for the years ended December 31, 2024 and 2023.


	Year Ended December 31, 2024
(Dollars in Millions)	Specialty		Life		Total Segments		Non-Core Operations		Total Allowance for Expected Credit Losses
Balance at Beginning of Year	$	12.9	$	—	$	12.9	$	1.0	$	13.9
Provision for Expected Credit Losses	38.9		0.3		39.2		0.4		39.6
Write-offs of Uncollectible Receivables from Policyholders	(49.2)		(0.3)		(49.5)		(1.1)		(50.6)
Balance at End of Year	$	2.6	$	—	$	2.6	$	0.3	$	2.9

Receivable Balance at End of Year1	$	962.8	$	11.1	$	973.9	$	12.2	$	986.1
1Specialty, Total Segments, and Total includes $8.2 million attributable to Kemper Reciprocal, which is reported as a consolidated variable interest entity.

NOTE 9 - RECEIVABLES FROM POLICYHOLDERS - ALLOWANCE FOR EXPECTED CREDIT LOSSES (Continued)


	Year Ended December 31, 2023
(Dollars in Millions)	Specialty		Life		Total Segments		Non-Core Operations		Total Allowance for Expected Credit Losses
Balance at Beginning of Year	$	12.3	$	—	$	12.3	$	0.8	$	13.1
Provision for Expected Credit Losses	39.3		0.5		39.8		1.8		41.6
Write-offs of Uncollectible Receivables from Policyholders	(38.7)		(0.5)		(39.2)		(1.6)		(40.8)
Balance at End of Year	$	12.9	$	—	$	12.9	$	1.0	$	13.9

Receivable Balance at End of Year1	$	875.4	$	11.3	$	886.7	$	73.5	$	960.2
1Specialty, Total Segments, and Total includes $0.7 million attributable to Kemper Reciprocal, which is reported as a consolidated variable interest entity.