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Kemper KMPR Beginning balance at original discount rate

Discontinued — last reported Q3 '23

Beginning balance at original discount rate 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:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitOriginalDiscountRateBeforeCashFlowAndReinsurance.

The source filing: Kemper’s 10-Q, filed October 30, 2023.

Filed
Oct 30, 2023
Fiscal quarter
Q3 FY2023
Calendar quarter
Q3 2023
Accession
0000860748-23-000185
Line itemNine Months Ended / Sep 30, 2023Nine Months Ended / Sep 30, 2022Three Months Ended / Sep 30, 2023Three Months Ended / Sep 30, 2022
Issuances80.8110.018.930.5
Interest Accrual128.2122.143.040.7
Benefit Payments(184.4)(197.9)(59.4)(61.2)
Ending Balance at Original Discount Rate3,909.13,829.73,909.13,829.7
Effect of Changes in Discount Rate Assumptions(578.6)(387.8)(578.6)(387.8)
Balance, End of Period$3,330.5$3,441.9$3,330.5$3,441.9
Net Liability for Future Policyholder Benefits$2,644.1$2,820.1$2,644.1$2,820.1
Less: Reinsurance Recoverable

Item 1. Financial Statements

FAQ

What is Kemper's beginning balance at original discount rate?
Kemper (KMPR) reported beginning balance at original discount rate of $3.91B in Q3 2023.
How has Kemper's beginning balance at original discount rate changed year-over-year?
Kemper's beginning balance at original discount rate increased by 2.1% year-over-year, from $3.83B to $3.91B.
What does beginning balance at original discount rate mean?
Beginning balance at original discount rate

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