Kemper Q4 2024 net income rises to $97.4 million, or $1.51 per diluted share
Kemper reported fourth-quarter 2024 net income of $97.4 million, or $1.51 per diluted share, up from $51.4 million, or $0.80 per share, a year earlier. Total revenues were flat at $1,186.8 million, down $0.4 million, as lower Non-Core Operations premiums offset higher Specialty Property & Casualty earned premiums. For shareholders, profit rose while revenue held steady.
Key points
- Adjusted Consolidated Net Operating Income was $115.1 million, or $1.78 per diluted share, versus $50.5 million, or $0.78, in Q4 2023.
- Specialty Property & Casualty Underlying Combined Ratio was 91.7% versus 98.2% a year earlier.
- Parent liquidity was $1.3 billion; the company repurchased about $14 million of stock and is retiring $450 million of senior notes due February 2025.
- Full-year 2024 net income was $317.8 million, or $4.91 per diluted share, compared with a net loss of $272.1 million in 2023.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:55 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 05, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.