Kemper Corporation (KMPR) Financial Statements (2024 and earlier)

Company Profile

Business Address 200 E. RANDOLPH ST.
CHICAGO, IL 60601
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7341,2631,940608297288
Cash and cash equivalents2121482061377546
Short-term investments5221,1151,734471222242
Total current assets:7341,2631,940608297288
Noncurrent Assets
Operating lease, right-of-use asset45646976
Long-term investments and receivables   225220187161
Long-term investments   225220187161
Intangible assets, net (including goodwill), including:3173431,4341,442309323
Goodwill1,3001,3121,1141,114 323
Intangible assets, net (excluding goodwill) 317343320328309 
Other undisclosed intangible assets, net (including goodwill) (1,300)(1,312)    
Deferred income tax assets189   
Total noncurrent assets:5514081,7281,738496484
Other undisclosed assets12,07913,24610,67410,64310,7527,604
TOTAL ASSETS:13,36414,91714,34212,98911,5458,376
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt     32 
Total current liabilities:     32 
Noncurrent Liabilities
Liabilities, other than long-term debt 227286178  
Deferred income tax liabilities 227286178
Total noncurrent liabilities: 227286178  
Other undisclosed liabilities10,92110,6829,4938,8398,4636,261
Total liabilities:10,92110,9099,7799,0178,4956,261
Equity
Equity, attributable to parent, including:2,4434,0084,5633,9723,0502,116
Additional paid in capital1,8131,7911,8051,8191,666673
Accumulated other comprehensive income (loss)(756)44868133622194
Retained earnings1,3801,7632,0711,8101,3561,243
Other undisclosed equity, attributable to parent667775
Equity, attributable to noncontrolling interest      
Total equity:2,4434,0084,5633,9723,0502,116
TOTAL LIABILITIES AND EQUITY:13,36414,91714,34212,98911,5458,376

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues5,5775,7935,2065,0393,7252,723
Premiums earned, net5,2665,2544,6724,4723,384
Financial services revenue2,350
Cost of revenue(100)(104)(647)(3,188)(377)(1,837)
Liability for future policy benefits, period expense (income)   (3,188)  
Deferred policy acquisition costs, amortization expense  (642) (377) 
Insurance tax(100)(104)    
Financial services costs(1,837)
Gross profit:5,4775,6894,5591,8513,348886
Operating expenses(5,966)(6,038)(4,696)(4,378)(3,526)(2,562)
Other operating expense, net
(Other Expenses)
   (1,147)   
Other undisclosed operating income (loss)268(20)1,8313,046  
Operating income (loss):(222)(370)547519(178)(1,676)
Nonoperating income (expense)
(Investment Income, Nonoperating)
   (34)(19)(19)24
Interest and debt expense(4)(44)(36)(48)(43)(35)
Income (loss) from continuing operations before equity method investments, income taxes:(225)(413)476451(240)(1,687)
Other undisclosed income (loss) from continuing operations before income taxes(164)168342104391,848
Income (loss) from continuing operations before income taxes:(390)(245)510662199161
Income tax expense (benefit)88125(100)(131)(11)(41)
Income (loss) from continuing operations:(301)(121)410531188120
Income (loss) before gain (loss) on sale of properties:(121)410531188119
Loss from discontinued operations     (1)(1)
Other undisclosed net loss      
Net income (loss):(301)(121)410531188119
Net income attributable to noncontrolling interest      
Other undisclosed net income attributable to parent    22
Net income (loss) available to common stockholders, diluted:(301)(121)410531190121

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):(301)(121)410531188119
Other comprehensive income (loss)(1,204)(232)344314(191)57
Comprehensive income (loss):(1,505)(353)754845(3)177
Comprehensive income, net of tax, attributable to noncontrolling interest      
Other undisclosed comprehensive income, net of tax, attributable to parent    22
Comprehensive income (loss), net of tax, attributable to parent:(1,505)(353)754845(1)178

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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