Earnings ·
Kemper Corporation reported a net loss of $464.8 million, or $(7.90) per diluted share, for the second quarter ended…
KMPRKEMPER Corp
Kemper Corporation reported a net loss of $464.8 million, or $(7.90) per diluted share, for the second quarter ended June 30, 2026, compared to net income of $72.6 million in the prior year period. The results included a non-cash goodwill impairment charge of $460 million and investment-related losses. Adjusted Consolidated Net Operating Income was $26.3 million, or $0.45 per share, down from $84.1 million in the second quarter of 2025. Total revenues decreased to $1,092.7 million due to lower Specialty Personal Automobile volumes and higher impairment losses. The company's Specialty Property & Casualty Insurance segment reported adjusted net operating income of $15.8 million, while the Life Insurance segment generated $18.3 million. Kemper Corporation operates in the insurance industry, providing specialty property and casualty auto insurance as well as life and supplemental accident and health products.