Fitch Upgrades Kemper’s Key Financial Strength Ratings

Business Wire

CHICAGO--(BUSINESS WIRE)-- Kemper Corporation (NYSE: KMPR) announced today that Fitch Ratings upgraded key financial strength ratings of Kemper, including its property and casualty lead operating subsidiary, Trinity Universal Insurance Co., to 'A' and its holding company senior debt ratings to 'BBB'.

The Rating Outlooks for Trinity and Kemper's Issuer Default Rating (IDR) have been revised to Stable and the ratings of Kemper's life insurance subsidiaries have been reaffirmed with a Stable Outlook.

“We are pleased that Fitch has recognized Kemper for our improved operating performance, strong capitalization and risk management capabilities, and the success of our Infinity Property and Casualty Corporation acquisition,” said Joseph P. Lacher, Jr., president and CEO. “This is another acknowledgement of the strength of our operating model, balance sheet, and underlying market fundamentals.”

The complete list of Fitch’s actions for Kemper’s ratings are as follows:

Entity/Debt	Rating Type	Rating	Rating Action	Prior
Kemper Corporation	LT IDR	BBB+	Upgrade	BBB
Senior Unsecured	LT	BBB	Upgrade	BBB-
Trinity Universal Insurance Company	Ins Fin Str	A	Upgrade	A-
United Insurance Company of America	Ins Fin Str	A-	Affirmed	A-
The Reliable Life Insurance Company	Ins Fin Str	A-	Affirmed	A-
Union National Life Insurance Company	Ins Fin Str	A-	Affirmed	A-

About Kemper

Kemper Corporation (NYSE: KMPR) is one of the nation’s leading specialized insurers. With over $12 billion in assets, Kemper is improving the world of insurance by providing affordable and easy-to-use personalized solutions to individuals, families and businesses through its Auto, Personal Insurance, Life and Health brands. Kemper serves over 6.4 million policies, is represented by more than 30,000 agents and brokers, and has over 8,800 associates dedicated to meeting the ever-changing needs of its customers.

Learn more about Kemper.