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Kemper KMPR Effect of actual variances from expected experience

Discontinued — last reported Q1 '23

Effect of actual variances from expected experience at other companies

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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 us-gaap:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitCumulativeIncreaseDecreaseOfActualVarianceFromExpectedExperience.

The source filing: Kemper’s 10-Q, filed May 8, 2023.

Filed
May 8, 2023
Fiscal quarter
Q1 FY2023
Calendar quarter
Q1 2023
Accession
0000860748-23-000118
Line itemPresent Value of Expected Net Premiums / Mar 31, 2023Present Value of Expected Net Premiums / Mar 31, 2022
Balance, Beginning of Year$3,561.0$4,933.1
Beginning Balance at Original Discount Rate$3,906.2$3,788.1
Effect of Changes in Cash Flow Assumptions
Effect of Actual Variances From Expected Experience0.312.7
Adjusted Beginning of Year Balance3,906.53,800.8
Issuances31.841.6
Interest Accrual42.440.8
Benefit Payments(63.8)(71.0)

Item 1. Financial Statements

FAQ

What is Kemper's effect of actual variances from expected experience?
Kemper (KMPR) reported effect of actual variances from expected experience of $300K in Q1 2023.
What does effect of actual variances from expected experience mean?
Effect of actual variances from expected experience

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