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Kemper KMPR Term Life Insurance — Less: Reinsurance Recoverable

Other product segments

Other
$27.2M+4.6%

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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$1.68B-47.4%
Enterprise value$2.54B-36.8%
P/S0.4×-0.3×

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 us-gaap:LiabilityForFuturePolicyBenefitReinsuranceRecoverableAfterAllowance.

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
Ending Balance at Original Discount Rate3,838.53,834.33,838.53,834.3
Effect of Changes in Discount Rate Assumptions(506.7)(490.9)(506.7)(490.9)
Balance, End of Period$3,331.8$3,343.4$3,331.8$3,343.4
Net Liability for Future Policyholder Benefits, pre-flooring$2,638.3$2,660.3$2,638.3$2,660.3
Cumulative impact of flooring the future Policyholder Benefits Reserve
Net Liability for Future Policyholder Benefits, post-flooring2,638.32,660.32,638.32,660.3
Less: Reinsurance Recoverable
Net Liability for Future Policyholder Benefits, After Reinsurance Recoverable$2,638.3$2,660.3$2,638.3$2,660.3

Item 1. Financial Statements

FAQ

What is Kemper's term life insurance — less: reinsurance recoverable?
Kemper (KMPR) reported term life insurance — less: reinsurance recoverable of $0 in Q2 2026.
What does term life insurance — less: reinsurance recoverable mean?
This represents the portion of future policy benefit liabilities that is expected to be covered by reinsurance agreements. It serves as a measure of risk mitigation, indicating the extent to which the company has transferred its insurance risk to third-party reinsurers.

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