Major Rating Factors:
Fair overall results on stability tests (3.4 on a scale of 0 to 10) including fair financial strength of affiliated Kemper Corporation and negative cash flow from operations for 2022. Fair profitability (4.8) with investment income below regulatory standards in relation to interest assumptions of reserves. Good quality investment portfolio (5.6).
Other Rating Factors:
Good Liquidity (6.5). Strong overall capitalization (7.1) based on mixed results -- excessive policy leverage mitigated by excellent risk adjusted capital (severe loss scenario).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
F - Negative cash flow.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
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Licensed in:
All states except AK, NY, PR
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
Kemper Corporation
Investment Rating
Company Address
ONE EAST WACKER DRIVE
CHICAGO, IL 60601
CHICAGO, IL 60601
Phone Number
(314) 819-4300
NAIC Number
69930
Website
Largest Affiliates