Receivables from Policyholders - Allowance for Expected Credit Losses

6 Months Ended

Jun. 30, 2025

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 June 30, 2025 and 2024, and a roll forward of changes in the allowance for expected credit losses for the three and six months ended June 30, 2025 and 2024.


	Three Months Ended June 30, 2025
(Dollars in Millions)	Specialty		Life		Total Segments		Non-Core Operations		Total Allowance for Expected Credit Losses
Balance, Beginning of Period	$	2.2	$	—	$	2.2	$	0.2	$	2.4
Provision for Expected Credit Losses	13.2		—		13.2		—		13.2
Write-offs of Uncollectible Receivables from Policyholders	(13.6)		—		(13.6)		—		(13.6)
Balance, End of Period	$	1.8	$	—	$	1.8	$	0.2	$	2.0

Receivable Balance, End of Period1	$	1,031.8	$	11.1	$	1,042.9	$	7.4	$	1,050.3
1Specialty, Total Segments, and Total Includes $11.6 million attributable to Kemper Reciprocal, which is reported as a consolidated variable interest entity.


	Three Months Ended June 30, 2024
(Dollars in Millions)	Specialty		Life		Total Segments		Non-Core Operations		Total Allowance for Expected Credit Losses
Balance, Beginning of Period	$	5.4	$	—	$	5.4	$	1.0	$	6.4
Provision for Expected Credit Losses	7.5		—		7.5		0.3		7.8
Write-offs of Uncollectible Receivables from Policyholders	(8.6)		—		(8.6)		(0.8)		(9.4)
Balance, End of Period	$	4.3	$	—	$	4.3	$	0.5	$	4.8

Receivable Balance, End of Period1	$	952.5	$	11.2	$	963.7	$	29.5	$	993.2
1Specialty, Total Segments, and Total Includes $5.2 million attributable to Kemper Reciprocal, which is reported as a consolidated variable interest entity.

Note 11 - Receivables from Policyholders - Allowance for Expected Credit Losses (Continued)


	Six Months Ended June 30, 2025
(Dollars in Millions)	Specialty		Life		Total Segments		Non-Core Operations		Total Allowance for Expected Credit Losses
Balance, Beginning of Year	$	2.6	$	—	$	2.6	$	0.3	$	2.9
Provision for Expected Credit Losses	26.6		0.1		26.7		0.2		26.9
Write-offs of Uncollectible Receivables from Policyholders	(27.4)		(0.1)		(27.5)		(0.3)		(27.8)
Balance, End of Period	$	1.8	$	—	$	1.8	$	0.2	$	2.0

Receivable Balance, End of Period1	$	1,031.8	$	11.1	$	1,042.9	$	7.4	$	1,050.3
1Specialty, Total Segments, and Total Includes $11.6 million attributable to Kemper Reciprocal, which is reported as a consolidated variable interest entity.


	Six Months Ended June 30, 2024
(Dollars in Millions)	Specialty		Life		Total Segments		Non-Core Operations		Total Allowance for Expected Credit Losses
Balance, Beginning of Year	$	12.9	$	—	$	12.9	$	1.0	$	13.9
Provision for Expected Credit Losses	13.7		0.1		13.8		0.5		14.3
Write-offs of Uncollectible Receivables from Policyholders	(22.3)		(0.1)		(22.4)		(1.0)		(23.4)
Balance, End of Period	$	4.3	$	—	$	4.3	$	0.5	$	4.8

Receivable Balance, End of Period1	$	952.5	$	11.2	$	963.7	$	29.5	$	993.2
1Specialty, Total Segments, and Total Includes $5.2 million attributable to Kemper Reciprocal, which is reported as a consolidated variable interest entity.