| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 1.1K | 7.2% |
| Total Income | 1.1K | 7.2% |
| Expenditure | 1.1K | 3.9% |
| PBT | — | |
| Net Profit | -1.70 | 101.7% |
| OPM | — | |
| NPM | -0.15% | 8.51pp |
| EPS | -0.03 | 101.9% |
Kemper Reports Q1 2026 Net Loss of $1.7 Million
07 May 2026 · 7 May, 1:47 am
Summary
Kemper Corporation reported a net loss of $1.7 million for the first quarter of 2026, compared to a net income of $99.7 million in the first quarter of 2025. Adjusted Consolidated Net Operating Income was $12.5 million, down from $106.4 million in the prior year. Total revenues decreased by $85.8 million to $1,107.2 million. The Specialty Property and Casualty Insurance segment experienced a decrease in adjusted net operating income, while the Life Insurance segment saw a slight improvement. Management is taking decisive actions to improve profitability and drive more consistent performance.
Key Highlights
- 1
Kemper Corporation reported a net loss of $1.7 million, or $(0.03) per share, for the first quarter of 2026.
- 2
Adjusted Consolidated Net Operating Income was $12.5 million, or $0.21 per share, for the first quarter of 2026.
- 3
Total revenues for the first quarter of 2026 decreased $85.8 million to $1,107.2 million compared to the first quarter of 2025.
- 4
The Life Insurance segment reported adjusted net operating income of $18.0 million for the first quarter of 2026, compared to $17.2 million in the first quarter of 2025.
- 5
Specialty Commercial Automobile grew PIF at 10% YoY while producing an Underlying Combined Ratio of 92.4%.
- 6
Restructuring initiatives are underway with $60 million run-rate savings identified and $50 million already actioned.
Management Comments
C. Thomas Evans
Jr.
Our results this quarter reflect continued pressure in parts of the business, particularly California personal auto, while other areas of the portfolio are performing well and contributing positively. This includes strong results in our commercial auto business and continued personal auto diversification into key markets like Florida and Texas. We are taking decisive actions across underwriting, claims, and expense to return the business to profitability and drive more consistent performance over time.”
Informational and educational content only. Not investment advice.