Kemper Q1 earnings climb as specialty P&C premiums rise

Total revenues for 2024 amounted to $4.64 billion, representing a 6.2% decrease from the prior year. This decline was primarily due to the exit and run-off of the preferred insurance business, categorized under non-core operations. Despite the revenue drop, the company’s profitability improved, with a profit margin of 6.9%, a notable recovery from the net loss margin in 2023. 

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