Life Segment Success
The Life business delivered solid quarterly results with operating earnings of $19 million, driven by favorable claims experience and disciplined expense management.
Strong Cash Flow and Investment Income
Trailing 12-month operating cash flow remained strong at $585 million, near an all-time high. Quarterly net investment income totaled $105 million, up $9 million sequentially, driven by improved performance in the alternative investment portfolio.
Share Repurchase Program
From July to October, Kemper repurchased a total of 5.1 million shares at an average price of $52.65, totaling $266 million, including a $150 million accelerated share repurchase program.