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Kemper KMPR Life Insurance — Policy Acquisition Costs

Other segment segments

Specialty Property & Casualty Insurance
$122.5M-12.6%

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$18.54M+25.9%
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$377M+4.1%

Other financials

Income statement

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Revenue$1.1B-10.8%
Operating income$132.4M+440%
Net income-$464.8M-740%
EPS (diluted)-$7.90-805%

Balance sheet

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Cash & equivalents$81.2M-54.1%
Total debt$944.5M-5.7%
Total equity$2.2B+493%
Total assets$11.9B-4.4%

Cash flow

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Operating cash flow$30.5M-66.0%
CapEx$11.4M+50.0%
Free cash flow$19.1M-76.7%

Valuation

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Market cap$1.76B-42.1%
Enterprise value$2.62B-32.2%
P/S0.4×-0.2×

Profitability

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Net margin-10.7%-17.8pp
FCF margin8.7%-2.8pp

Returns & leverage

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Return on equity-38%-132pp
Debt / equity0.4×-2.3×

Where this comes from

Reported directly by Kemper in its filing.

Tagged under the XBRL concept kmpr:PolicyAcquisitionCosts.

The source filing: Kemper’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:13 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000860748-26-000084
(Dollars in Millions)Three Months Ended / Jun 30,2026Three Months Ended / Jun 30,2025Six Months Ended / Jun 30,2026Six Months Ended / Jun 30,2025
Total Specialty Property & Casualty Insurance935.8984.11,878.91,900.2
Life Insurance:
Policyholders’ Benefits and Incurred Losses and LAE63.563.5127.5125.7
Policy Acquisition Costs134.035.263.364.9
Business Unit Operating Costs224.924.051.251.5
Corporate Overhead Costs38.48.517.417.7
Total Insurance Expenses67.367.7131.9134.1
Income Tax Expense3.31.76.54.7

Item 1. Financial Statements

FAQ

What is Kemper's life insurance — policy acquisition costs?
Kemper (KMPR) reported life insurance — policy acquisition costs of $34M in Q2 2026.
How has Kemper's life insurance — policy acquisition costs changed year-over-year?
Kemper's life insurance — policy acquisition costs decreased by 3.4% year-over-year, from $35.2M to $34M.
What is the long-term trend for Kemper's life insurance — policy acquisition costs?
Over 3 years (2022 to 2025), Kemper's life insurance — policy acquisition costs has grown at a -7.9% compound annual growth rate (CAGR), from $165.1M to $129.1M.
What does life insurance — policy acquisition costs mean?
Costs directly related to the acquisition of new insurance policies, such as commissions and underwriting expenses. This metric is essential for evaluating the efficiency of sales and marketing efforts relative to the long-term value of the policies acquired.

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