Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2025	Dec. 31, 2024
Investments:
Company-Owned Life Insurance	$ 567.9	$ 539.2
Loans to Policyholders	279.3	280.7
Other Investments	287.0	217.1
Receivables from Policyholders	1,033.6
Deferred Policy Acquisition Costs	660.3	630.0
Total Assets	12,443.4	12,630.4
Insurance Reserves:
Policyholder Obligations	620.0	637.7
Total Liabilities	9,721.8	9,846.1
Kemper Corporation Shareholders’ Equity:
Common Stock, $0.10 Par Value, 100,000,000 Shares Authorized; 60,201,675 Shares Issued and Outstanding at September 30, 2025 and 63,840,442 Shares Issued and Outstanding at December 31, 2024	6.0	6.4
Paid-in Capital	1,737.2	1,854.9
Retained Earnings	1,216.0	1,231.6
Accumulated Other Comprehensive Loss	(227.1)	(304.5)
Total Kemper Corporation Shareholders’ Equity	2,732.1	2,788.4
Noncontrolling Interest	(10.5)	(4.1)
Total Shareholders’ Equity	2,721.6	2,784.3
Total Liabilities and Shareholders’ Equity	12,443.4	12,630.4
Consolidated Entity, Excluding VIE
Investments:
Fixed Maturities at Fair Value	6,620.3	6,409.6
Equity Securities at Fair Value	302.0	218.5
Alternative Energy Partnership Investments	174.9	186.3
Short-term Investments at Cost which Approximates Fair Value	371.2	1,037.1
Company-Owned Life Insurance	567.9	539.2
Loans to Policyholders	279.3	280.7
Other Investments	287.0	217.1
Total Investments	8,602.6	8,888.5
Cash	107.4	64.4
Receivables from Policyholders	1,022.9	977.9
Other Receivables	185.0	185.7
Deferred Policy Acquisition Costs	658.9	628.9
Goodwill	1,250.7	1,250.7
Current Income Tax Assets	57.4	63.4
Deferred Income Tax Assets	66.3	93.3
Other Assets	422.2	436.1
Insurance Reserves:
Insurance Reserves	6,123.6	5,811.6
Unearned Premiums	1,310.6	1,264.1
Policyholder Obligations	620.0	637.7
Deferred Income Tax Liabilities	13.5	14.8
Accrued Expenses and Other Liabilities	669.5	705.2
Long-term Debt, Current, at Amortized Cost	0.0	449.9
Long-term Debt, Non-Current, at Amortized Cost	943.1	941.7
Variable Interest Entity, Primary Beneficiary
Investments:
Fixed Maturities at Fair Value	36.3	1.7
Short-term Investments at Cost which Approximates Fair Value	17.5	28.0
Cash	0.0	1.0
Receivables from Policyholders	10.7	8.2
Other Receivables	0.4	0.0
Deferred Policy Acquisition Costs	1.4	1.1
Deferred Income Tax Assets	3.7	1.5
Insurance Reserves:
Insurance Reserves	26.3	9.4
Unearned Premiums	13.6	11.2
Accrued Expenses and Other Liabilities	1.6	0.5
Life and Health \| Consolidated Entity, Excluding VIE
Insurance Reserves:
Insurance Reserves	3,317.6	3,199.7
Property and Casualty \| Consolidated Entity, Excluding VIE
Insurance Reserves:
Insurance Reserves	$ 2,806.0	$ 2,611.9

KEMPER Corp 10-Q