May 19, 2005

Kemper submits first quarter financials

Kemper filed its first quarter 2005 financial statements (LMC financial statement - AMM financial statement) on Friday, May 13. The company posted a combined statutory surplus of $198.2 million. Of this amount, $187.7 million represents Lumbermens Mutual Casualty Company’s (LMC) surplus, with the $10.5 million balance posted by American Manufacturers Mutual Insurance Company (AMM). The combined 2005 first quarter surplus is an increase of approximately $16.4 million from year-end 2004 surplus of $181.8 million.

Total assets for the organization stood at $3.5 billion, compared to $3.8 billion at the end of 2004. Gross liabilities dropped from $6.8 billion at December 31, 2004 to $6.4 billion at the end of March 2005.