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Kemper KMPR Specialty Property & Casualty Insurance — Policy Acquisition Costs

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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
Non-catastrophe Losses and LAE9.113.612.314.1
Catastrophe Losses and LAE0.10.40.50.6
Total Incurred Losses and LAE748.0749.41,495.71,436.2
Policy Acquisition Costs1122.5140.1245.4272.4
Business Unit Operating Costs229.140.767.178.4
Corporate Overhead Costs332.734.068.069.1
Total Insurance Expenses184.3214.8380.5419.9
Income Tax Expense3.519.92.744.1

Item 1. Financial Statements

FAQ

What is Kemper's specialty property & casualty insurance — policy acquisition costs?
Kemper (KMPR) reported specialty property & casualty insurance — policy acquisition costs of $122.5M in Q2 2026.
How has Kemper's specialty property & casualty insurance — policy acquisition costs changed year-over-year?
Kemper's specialty property & casualty insurance — policy acquisition costs decreased by 12.6% year-over-year, from $140.1M to $122.5M.
What is the long-term trend for Kemper's specialty property & casualty insurance — policy acquisition costs?
Over 3 years (2022 to 2025), Kemper's specialty property & casualty insurance — policy acquisition costs has grown at a -2.3% compound annual growth rate (CAGR), from $577.8M to $539.4M.
What does specialty property & casualty insurance — policy acquisition costs mean?
Expenses directly related to the acquisition of new and renewal insurance policies, such as commissions and underwriting costs. Monitoring this metric helps assess the efficiency of the segment's distribution and sales strategy.

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