Kemper Reports Strong Fourth Quarter 2020 Operating Results
CHICAGO--(BUSINESS WIRE)--Kemper Corporation (NYSE: KMPR) reported net income of $97.5 million, or $1.46 per diluted share, for the fourth quarter of 2020, compared to $124.7 million, or $1.85 per diluted share, for the fourth quarter of 2019. In the fourth quarter of 2020, net income included a $57.8 million after-tax gain, or $0.86 per diluted share, attributable to the change in fair value of equity and convertible securities.
Adjusted Consolidated Net Operating Income1 was $105.8 million, or $1.59 per diluted share, for the fourth quarter of 2020, compared to $97.9 million, or $1.45 per diluted share, for the fourth quarter of 2019.
Highlights of the quarter include:
Special
