Kemper submits year-end financials
FOR IMMEDIATE RELEASE
LONG GROVE, ILL. –
May 17, 2005 – Kemper filed its 2005 first quarter 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 year-end 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.
For more information about Kemper, visit its website at www.kemperinsurance.com
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