Kemper posts Q2 net loss of $464.8 million on $460 million goodwill impairment
Kemper Corporation reported a second quarter 2026 net loss of $464.8 million, or $7.90 per share, compared with net income of $72.6 million, or $1.12 per diluted share, a year earlier. The loss reflects a non-cash goodwill impairment of $460 million, which the company says does not affect its cash generation, statutory capital, holding company liquidity or debt covenant compliance. Adjusted net operating income fell to $26.3 million, or $0.45 per share, from $84.1 million, or $1.30 per share.
Key points
- Q2 2026 net loss of $464.8 million, or $7.90 per share, versus net income of $72.6 million, or $1.12 per diluted share, in Q2 2025
- Goodwill impairment of $460 million, described as non-cash
- Adjusted net operating income of $26.3 million, or $0.45 per share, versus $84.1 million, or $1.30 per share, a year earlier
- Total revenues fell $132.9 million to $1,092.7 million, mainly due to lower Specialty Personal Automobile volumes and higher impairment losses
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:54 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 August 05, 2026.
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.