Note 12 - Business Segments Segment Revenues for the six and three months ended June 30, 2011 and 2010 were: | | | | | | | | | | | | | | | | | | | | Six Months Ended | | Three Months Ended | (Dollars in Millions) | | Jun 30,
2011 | | Jun 30,
2010 | | Jun 30,
2011 | | Jun 30,
2010 | Revenues: | | | | | | | | | Kemper: | | | | | | | | | Earned Premiums | | $ | 426.3 |
| | $ | 445.3 |
| | $ | 214.4 |
| | $ | 222.9 |
| Net Investment Income | | 29.7 |
| | 26.3 |
| | 15.6 |
| | 13.9 |
| Other Income | | 0.1 |
| | 0.2 |
| | — |
| | 0.1 |
| Total Kemper | | 456.1 |
| | 471.8 |
| | 230.0 |
| | 236.9 |
| Unitrin Specialty: | | | | | | | | | Earned Premiums | | 225.7 |
| | 242.9 |
| | 113.3 |
| | 120.5 |
| Net Investment Income | | 13.1 |
| | 12.8 |
| | 6.8 |
| | 6.7 |
| Other Income | | 0.2 |
| | 0.3 |
| | 0.1 |
| | 0.1 |
| Total Unitrin Specialty | | 239.0 |
| | 256.0 |
| | 120.2 |
| | 127.3 |
| Unitrin Direct: | | | | | | | | | Earned Premiums | | 117.4 |
| | 149.0 |
| | 57.5 |
| | 73.0 |
| Net Investment Income | | 11.0 |
| | 11.2 |
| | 5.6 |
| | 5.9 |
| Other Income | | — |
| | 0.1 |
| | — |
| | 0.1 |
| Total Unitrin Direct | | 128.4 |
| | 160.3 |
| | 63.1 |
| | 79.0 |
| Life and Health Insurance: | | | | | | | | | Earned Premiums | | 324.7 |
| | 322.4 |
| | 162.9 |
| | 161.7 |
| Net Investment Income | | 105.4 |
| | 104.6 |
| | 52.4 |
| | 51.3 |
| Other Income | | 0.1 |
| | — |
| | 0.1 |
| | — |
| Total Life and Health Insurance | | 430.2 |
| | 427.0 |
| | 215.4 |
| | 213.0 |
| Fireside Bank: | | | | | | | | | Automobile Finance Revenues | | 28.3 |
| | 57.3 |
| | 12.8 |
| | 26.7 |
| Net Investment Income | | 0.5 |
| | 1.0 |
| | 0.1 |
| | 0.5 |
| Total Fireside Bank | | 28.8 |
| | 58.3 |
| | 12.9 |
| | 27.2 |
| Total Segment Revenues | | 1,282.5 |
| | 1,373.4 |
| | 641.6 |
| | 683.4 |
| Net Realized Gains on Sales of Investments | | 32.4 |
| | 7.4 |
| | 17.9 |
| | 2.9 |
| Net Impairment Losses Recognized in Earnings | | (1.7 | ) | | (8.1 | ) | | (1.3 | ) | | (4.9 | ) | Other | | 4.9 |
| | 6.7 |
| | 2.5 |
| | 3.5 |
| Total Revenues | | $ | 1,318.1 |
| | $ | 1,379.4 |
| | $ | 660.7 |
| | $ | 684.9 |
|
Note 12 - Business Segments (continued)
Segment Operating Profit (Loss) for the six and three months ended June 30, 2011 and 2010 was: | | | | | | | | | | | | | | | | | | | | Six Months Ended | | Three Months Ended | (Dollars in Millions) | | Jun 30,
2011 | | Jun 30,
2010 | | Jun 30,
2011 | | Jun 30,
2010 | Segment Operating Profit (Loss): | | | | | | | | | Kemper | | $ | (40.0 | ) | | $ | 36.9 |
| | $ | (54.2 | ) | | $ | 17.6 |
| Unitrin Specialty | | 11.1 |
| | 15.0 |
| | 6.0 |
| | 7.5 |
| Unitrin Direct | | (15.6 | ) | | (0.2 | ) | | (8.2 | ) | | 0.9 |
| Life and Health Insurance | | 83.5 |
| | 74.0 |
| | 32.7 |
| | 33.5 |
| Fireside Bank | | 19.3 |
| | 9.4 |
| | 7.6 |
| | 4.6 |
| Total Segment Operating Profit (Loss) | | 58.3 |
| | 135.1 |
| | (16.1 | ) | | 64.1 |
| Net Realized Gains on Sales of Investments | | 32.4 |
| | 7.4 |
| | 17.9 |
| | 2.9 |
| Net Impairment Losses Recognized in Earnings | | (1.7 | ) | | (8.1 | ) | | (1.3 | ) | | (4.9 | ) | Other Expense, Net | | (18.5 | ) | | (11.8 | ) | | (9.3 | ) | | (5.7 | ) | Income (Loss) from Continuing Operations before Income Taxes and Equity in Net Income (Loss) of Investee | | $ | 70.5 |
| | $ | 122.6 |
| | $ | (8.8 | ) | | $ | 56.4 |
|
Segment Net Income (Loss) for the six and three months ended June 30, 2011 and 2010 was: | | | | | | | | | | | | | | | | | | | | Six Months Ended | | Three Months Ended | (Dollars in Millions) | | Jun 30,
2011 | | Jun 30,
2010 | | Jun 30,
2011 | | Jun 30,
2010 | Segment Net Income (Loss): | | | | | | | | | Kemper | | $ | (21.7 | ) | | $ | 28.1 |
| | $ | (33.0 | ) | | $ | 13.5 |
| Unitrin Specialty | | 9.1 |
| | 11.8 |
| | 4.9 |
| | 6.0 |
| Unitrin Direct | | (8.5 | ) | | 0.5 |
| | (4.7 | ) | | 0.4 |
| Life and Health Insurance | | 53.6 |
| | 47.9 |
| | 20.9 |
| | 21.5 |
| Fireside Bank | | 13.0 |
| | 5.7 |
| | 5.0 |
| | 2.7 |
| Total Segment Net Income (Loss) | | 45.5 |
| | 94.0 |
| | (6.9 | ) | | 44.1 |
| Unallocated Net Income (Loss) From: | | | | | | | | | Net Realized Gains on Sales of Investments | | 21.0 |
| | 4.8 |
| | 11.6 |
| | 1.9 |
| Net Impairment Losses Recognized in Earnings | | (1.0 | ) | | (5.3 | ) | | (0.7 | ) | | (3.2 | ) | Other Expense, Net | | (11.2 | ) | | (6.9 | ) | | (5.5 | ) | | (3.2 | ) | Income (Loss) from Continuing Operations before Equity in Net Income (Loss) of Investee | | 54.3 |
| | 86.6 |
| | (1.5 | ) | | 39.6 |
| Equity in Net Income (Loss) of Investee | | — |
| | 0.2 |
| | — |
| | (0.5 | ) | Income (Loss) from Continuing Operations | | $ | 54.3 |
| | $ | 86.8 |
| | $ | (1.5 | ) | | $ | 39.1 |
|
Note 12 - Business Segments (continued)
Earned Premiums by product line for the six and three months ended June 30, 2011 and 2010 were: | | | | | | | | | | | | | | | | | | | | Six Months Ended | | Three Months Ended | (Dollars in Millions) | | Jun 30,
2011 | | Jun 30,
2010 | | Jun 30,
2011 | | Jun 30,
2010 | Life | | $ | 199.1 |
| | $ | 199.5 |
| | $ | 99.7 |
| | $ | 100.0 |
| Accident and Health | | 82.7 |
| | 80.0 |
| | 41.5 |
| | 40.1 |
| Property and Casualty: | | | | | | | | | Personal Lines: | | | | | | | | | Automobile | | 573.3 |
| | 639.1 |
| | 286.2 |
| | 316.9 |
| Homeowners | | 149.8 |
| | 148.6 |
| | 75.7 |
| | 74.5 |
| Other Personal | | 69.5 |
| | 69.8 |
| | 35.1 |
| | 35.5 |
| Total Personal Lines | | 792.6 |
| | 857.5 |
| | 397.0 |
| | 426.9 |
| Commercial Automobile | | 19.7 |
| | 22.6 |
| | 9.9 |
| | 11.1 |
| Total Earned Premiums | | $ | 1,094.1 |
| | $ | 1,159.6 |
| | $ | 548.1 |
| | $ | 578.1 |
|
|