Kemper Corporation (NYSE:KMPR) Q1 2022 Earnings Conference Call May 2, 2022 5:00 PM ET

Company Participants

Karen Guerra - VP, IR

Joe Lacher - President, CEO, and Chairman

Jim McKinney - EVP and CFO

Duane Sanders - EVP and President, Property & Casualty Division

Conference Call Participants

Greg Peters - Raymond James

Matt Carletti - JMP Securities

Paul Newsome - Piper Sandler

Brian Meredith - UBS

Andrew Kligerman - Credit Suisse

Operator

Good afternoon, ladies and gentlemen and welcome to the Kemper’s First Quarter 2022 Earnings Conference Call. My name is Sam and I will be your coordinator today. At this time, all participants are in listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at the time. As a reminder, this conference call is being recorded for replay purposes.

I would now like to introduce your host for today’s call, Karen Guerra, Kemper’s Vice President of Investor Relations. Ms. Guerra, you may begin.

Karen Guerra

Thank you, operator. Good afternoon everyone and welcome to Kemper’s discussion of our first quarter 2022 results. This afternoon, you will hear from Joe Lacher, Kemper’s President, Chief Executive Officer, and Chairman; Jim McKinney, Kemper’s Executive Vice President and Chief Financial Officer; and Duane Sanders, Kemper’s Executive Vice President and the Property & Casualty Division President.

We will make a few opening remarks to provide context around our first quarter results and then open the call for a Q&A session. During the interactive portion of our call, our presenters will be joined by John Boschelli, Kemper’s Executive Vice President and Chief Investment Officer.

After the markets closed today, we issued our earnings release and published our earnings presentation and financial supplement and Form 10-Q. You can find these documents on the Investor section of our website, kemper.com.

Our discussion today may contain forward-looking statements within the meaning of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, the company’s outlook and future results of operations and financial conditions.

Our actual future results and financial condition may differ materially from these statements. These statements may also be impacted by the COVID-19 pandemic. For information on additional risks that may impact these forward-looking statements, please refer to our 2021 Form 10-K as well as our first quarter earnings release.

This afternoon’s discussion also includes non-GAAP financial measures and we believe they are meaningful to investors. In our financial supplement, earnings presentation, and earnings release, we have defined and reconciled all the non-GAAP financial measures to GAAP where required in accordance with SEC rules. You can find each of these documents on the Investors section of our website, kemper.com. All comparative references will be to the corresponding 2021 period unless otherwise stated.