XML 59 R23.htm IDEA: XBRL DOCUMENT
v3.2.0.727

Investments (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2015
Schedule of Available-for-sale Securities [Line Items] |
Investments Classified by Contractual Maturity Date [Table Text Block] | The amortized cost and estimated fair values of the Company’s Investments in Fixed Maturities at June 30, 2015 by contractual maturity were:
(Dollars in Millions) |  | Amortized Cost |  | Fair Value
Due in One Year or Less |  | $ | 59.4 |  |  | $ | 60.6 |
Due after One Year to Five Years |  | 787.4 |  |  | 835.1 |
Due after Five Years to Ten Years |  | 1,376.5 |  |  | 1,416.2 |
Due after Ten Years |  | 1,998.5 |  |  | 2,230.1 |
Mortgage- and Asset-backed Securities Not Due at a Single Maturity Date |  | 211.2 |  |  | 222.0 |
Investments in Fixed Maturities |  | $ | 4,433.0 |  |  | $ | 4,764.0 |
Schedule of Unrealized Loss on Investments [Table Text Block] | An aging of unrealized losses on the Company’s Investments in Fixed Maturities and Equity Securities at June 30, 2015 is presented below.
|  | Less Than 12 Months |  | 12 Months or Longer |  | Total
(Dollars in Millions) |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses
Fixed Maturities: |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government and Government Agencies and Authorities |  | $ | 83.0 |  |  | $ | (2.8 | ) |  | $ | 24.0 |  |  | $ | (2.0 | ) |  | $ | 107.0 |  |  | $ | (4.8 | )
States and Political Subdivisions |  | 355.7 |  |  | (5.8 | ) |  | 0.9 |  |  | (0.1 | ) |  | 356.6 |  |  | (5.9 | )
Corporate Securities: |  |  |  |  |  |  |  |  |  |  |  |
Bonds and Notes |  | 638.7 |  |  | (18.0 | ) |  | 100.1 |  |  | (4.4 | ) |  | 738.8 |  |  | (22.4 | )
Collateralized Loan Obligations |  | 19.2 |  |  | (0.2 | ) |  | — |  |  | — |  |  | 19.2 |  |  | (0.2 | )
Other Mortgage- and Asset-backed |  | — |  |  | — |  |  | 0.4 |  |  | — |  |  | 0.4 |  |  | — |
Total Fixed Maturities |  | 1,096.6 |  |  | (26.8 | ) |  | 125.4 |  |  | (6.5 | ) |  | 1,222.0 |  |  | (33.3 | )
Equity Securities: |  |  |  |  |  |  |  |  |  |  |  |
Preferred Stocks: |  |  |  |  |  |  |  |  |  |  |  |
Finance, Insurance and Real Estate |  | 7.6 |  |  | (0.2 | ) |  | 12.4 |  |  | (0.6 | ) |  | 20.0 |  |  | (0.8 | )
Other Industries |  | 0.9 |  |  | (0.1 | ) |  | 0.5 |  |  | — |  |  | 1.4 |  |  | (0.1 | )
Common Stocks: |  |  |  |  |  |  |  |  |  |  |  |
Finance, Insurance and Real Estate |  | 7.0 |  |  | (0.9 | ) |  | — |  |  | — |  |  | 7.0 |  |  | (0.9 | )
Other Industries |  | 0.8 |  |  | — |  |  | — |  |  | — |  |  | 0.8 |  |  | — |
Other Equity Interests: |  |  |  |  |  |  |  |  |  |  |  |
Exchange Traded Funds |  | 58.4 |  |  | (0.8 | ) |  | — |  |  | — |  |  | 58.4 |  |  | (0.8 | )
Limited Liability Companies and Limited Partnerships |  | 65.6 |  |  | (1.2 | ) |  | 32.4 |  |  | (1.8 | ) |  | 98.0 |  |  | (3.0 | )
Total Equity Securities |  | 140.3 |  |  | (3.2 | ) |  | 45.3 |  |  | (2.4 | ) |  | 185.6 |  |  | (5.6 | )
Total |  | $ | 1,236.9 |  |  | $ | (30.0 | ) |  | $ | 170.7 |  |  | $ | (8.9 | ) |  | $ | 1,407.6 |  |  | $ | (38.9 | )
An aging of unrealized losses on the Company’s Investments in Fixed Maturities and Equity Securities at December 31, 2014 is presented below.
|  | Less Than 12 Months |  | 12 Months or Longer |  | Total
(Dollars in Millions) |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses
Fixed Maturities: |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government and Government Agencies and Authorities |  | $ | 24.9 |  |  | $ | (0.7 | ) |  | $ | 55.5 |  |  | $ | (1.3 | ) |  | $ | 80.4 |  |  | $ | (2.0 | )
States and Political Subdivisions |  | 1.0 |  |  | — |  |  | 126.3 |  |  | (1.8 | ) |  | 127.3 |  |  | (1.8 | )
Corporate Securities: |  |  |  |  |  |  |  |  |  |  |  |
Bonds and Notes |  | 250.4 |  |  | (5.1 | ) |  | 360.5 |  |  | (10.0 | ) |  | 610.9 |  |  | (15.1 | )
Collateralized Loan Obligations |  | 51.2 |  |  | (0.7 | ) |  | 3.4 |  |  | (0.1 | ) |  | 54.6 |  |  | (0.8 | )
Other Mortgage- and Asset-backed |  | — |  |  | — |  |  | 0.4 |  |  | — |  |  | 0.4 |  |  | — |
Total Fixed Maturities |  | 327.5 |  |  | (6.5 | ) |  | 546.1 |  |  | (13.2 | ) |  | 873.6 |  |  | (19.7 | )
Equity Securities: |  |  |  |  |  |  |  |  |  |  |  |
Preferred Stocks: |  |  |  |  |  |  |  |  |  |  |  |
Finance, Insurance and Real Estate |  | 7.5 |  |  | (0.1 | ) |  | 12.1 |  |  | (0.9 | ) |  | 19.6 |  |  | (1.0 | )
Other Industries |  | — |  |  | — |  |  | 0.5 |  |  | — |  |  | 0.5 |  |  | — |
Common Stocks: |  |  |  |  |  |  |  |  |  |  |  |
Manufacturing |  | 15.1 |  |  | (1.1 | ) |  | — |  |  | — |  |  | 15.1 |  |  | (1.1 | )
Finance, Insurance and Real Estate |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Other Industries |  | 4.2 |  |  | (0.4 | ) |  | 1.0 |  |  | — |  |  | 5.2 |  |  | (0.4 | )
Other Equity Interests: |  |  |  |  |  |  |  |  |  |  |  |
Exchange Traded Funds |  | 14.9 |  |  | (0.1 | ) |  | 14.4 |  |  | (0.6 | ) |  | 29.3 |  |  | (0.7 | )
Limited Liability Companies and Limited Partnerships |  | 54.4 |  |  | (1.5 | ) |  | 6.6 |  |  | (0.3 | ) |  | 61.0 |  |  | (1.8 | )
Total Equity Securities |  | 96.1 |  |  | (3.2 | ) |  | 34.6 |  |  | (1.8 | ) |  | 130.7 |  |  | (5.0 | )
Total |  | $ | 423.6 |  |  | $ | (9.7 | ) |  | $ | 580.7 |  |  | $ | (15.0 | ) |  | $ | 1,004.3 |  |  | $ | (24.7 | )
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Table Text Block] | and the changes in the cumulative balances for the periods presented.
|  | Six Months Ended |  | Three Months Ended
(Dollars in Millions) |  | Jun 30, 2015 |  | Jun 30, 2014 |  | Jun 30, 2015 |  | Jun 30, 2014
Cumulative Balance of Pre-tax Credit Losses Recognized in Retained Earnings at Beginning of Period |  | $ | 5.3 |  |  | $ | 9.9 |  |  | $ | 5.3 |  |  | $ | 10.2 |
Pre-tax Credit Losses on Fixed Maturities without Pre-tax Credit Losses Included in Cumulative Balance at Beginning of Period |  | — |  |  | 2.4 |  |  | — |  |  | 2.4 |
Additional Pre-tax Credit Losses on Fixed Maturities with Pre-tax Credit Losses Included in Cumulative Balance at Beginning of Period |  | — |  |  | 0.6 |  |  | — |  |  | 0.3 |
Cumulative Balance of Pre-tax Credit Losses Recognized in Retained Earnings at End of Period |  | $ | 5.3 |  |  | $ | 12.9 |  |  | $ | 5.3 |  |  | $ | 12.9 |
Schedule of Realized Gain (Loss) [Table Text Block] | Gross gains and losses on sales of investments in fixed maturities and equity securities for the six and three months ended June 30, 2015 and 2014 were:
|  | Six Months Ended |  | Three Months Ended
(Dollars in Millions) |  | Jun 30, 2015 |  | Jun 30, 2014 |  | Jun 30, 2015 |  | Jun 30, 2014
Fixed Maturities: |  |  |  |  |  |  |  |
Gains on Sales |  | $ | 5.9 |  |  | $ | 4.8 |  |  | $ | 3.9 |  |  | $ | 0.4 |
Losses on Sales |  | (0.6 | ) |  | — |  |  | (0.5 | ) |  | — |
Equity Securities: |  |  |  |  |  |  |  |
Gains on Sales |  | 32.9 |  |  | 3.8 |  |  | 31.4 |  |  | 3.0 |
Losses on Sales |  | (0.7 | ) |  | — |  |  | (0.7 | ) |  | — |
Schedule of Other Investments [Table Text Block] | The carrying values of the Company’s Other Investments at June 30, 2015 and December 31, 2014 were:
(Dollars in Millions) |  | Jun 30, 2015 |  | Dec 31, 2014
Loans to Policyholders at Unpaid Principal |  | $ | 284.8 |  |  | $ | 283.4 |
Real Estate at Depreciated Cost |  | 159.1 |  |  | 160.9 |
Trading Securities at Fair Value |  | 5.0 |  |  | 4.9 |
Other |  | 2.1 |  |  | 0.4 |
Total |  | $ | 451.0 |  |  | $ | 449.6 |
Fixed Maturities [Member] |
Schedule of Available-for-sale Securities [Line Items] |
Schedule of Available-for-sale Securities Reconciliation [Table Text Block] | The amortized cost and estimated fair values of the Company’s Investments in Fixed Maturities at June 30, 2015 were:
|  | Amortized Cost |  | Gross Unrealized |  | Fair Value
(Dollars in Millions) |  | Gains |  | Losses |
U.S. Government and Government Agencies and Authorities |  | $ | 318.3 |  |  | $ | 27.7 |  |  | $ | (4.8 | ) |  | $ | 341.2 |
States and Political Subdivisions |  | 1,439.7 |  |  | 97.5 |  |  | (5.9 | ) |  | 1,531.3 |
Corporate Securities: |  |  |  |  |  |  |  |
Bonds and Notes |  | 2,596.2 |  |  | 236.4 |  |  | (22.4 | ) |  | 2,810.2 |
Redeemable Preferred Stocks |  | 5.3 |  |  | 0.1 |  |  | — |  |  | 5.4 |
Collateralized Loan Obligations |  | 69.7 |  |  | 0.9 |  |  | (0.2 | ) |  | 70.4 |
Other Mortgage- and Asset-backed |  | 3.8 |  |  | 1.7 |  |  | — |  |  | 5.5 |
Investments in Fixed Maturities |  | $ | 4,433.0 |  |  | $ | 364.3 |  |  | $ | (33.3 | ) |  | $ | 4,764.0 |
The amortized cost and estimated fair values of the Company’s Investments in Fixed Maturities at December 31, 2014 were:
|  | Amortized Cost |  | Gross Unrealized |  | Fair Value
(Dollars in Millions) |  | Gains |  | Losses |
U.S. Government and Government Agencies and Authorities |  | $ | 315.2 |  |  | $ | 32.3 |  |  | $ | (2.0 | ) |  | $ | 345.5 |
States and Political Subdivisions |  | 1,352.5 |  |  | 126.4 |  |  | (1.8 | ) |  | 1,477.1 |
Corporate Securities: |  |  |  |  |  |  |  |
Bonds and Notes |  | 2,599.3 |  |  | 294.3 |  |  | (15.1 | ) |  | 2,878.5 |
Redeemable Preferred Stocks |  | 5.9 |  |  | 0.8 |  |  | — |  |  | 6.7 |
Collateralized Loan Obligations |  | 64.9 |  |  | 0.3 |  |  | (0.8 | ) |  | 64.4 |
Other Mortgage- and Asset-backed |  | 3.9 |  |  | 1.5 |  |  | — |  |  | 5.4 |
Investments in Fixed Maturities |  | $ | 4,341.7 |  |  | $ | 455.6 |  |  | $ | (19.7 | ) |  | $ | 4,777.6 |
Equity Securities [Member] |
Schedule of Available-for-sale Securities [Line Items] |
Schedule of Available-for-sale Securities Reconciliation [Table Text Block] | Gross unrealized gains and gross unrealized losses on the Company’s Investments in Equity Securities at June 30, 2015 were:
|  |  |  | Gross Unrealized |  |
(Dollars in Millions) |  | Cost |  | Gains |  | Losses |  | Fair Value
Preferred Stocks: |  |  |  |  |  |  |  |
Finance, Insurance and Real Estate |  | $ | 83.7 |  |  | $ | 4.5 |  |  | $ | (0.8 | ) |  | $ | 87.4 |
Other Industries |  | 21.3 |  |  | 3.5 |  |  | (0.1 | ) |  | 24.7 |
Common Stocks: |  |  |  |  |  |  |  |
Finance, Insurance and Real Estate |  | 20.8 |  |  | 3.7 |  |  | (0.9 | ) |  | 23.6 |
Other Industries |  | 9.8 |  |  | 5.4 |  |  | — |  |  | 15.2 |
Other Equity Interests: |  |  |  |  |  |  |  |
Exchange Traded Funds |  | 208.9 |  |  | 4.0 |  |  | (0.8 | ) |  | 212.1 |
Limited Liability Companies and Limited Partnerships |  | 174.3 |  |  | 28.6 |  |  | (3.0 | ) |  | 199.9 |
Investments in Equity Securities |  | $ | 518.8 |  |  | $ | 49.7 |  |  | $ | (5.6 | ) |  | $ | 562.9 |
Gross unrealized gains and gross unrealized losses on the Company’s Investments in Equity Securities at December 31, 2014 were:
|  |  |  | Gross Unrealized |  |
(Dollars in Millions) |  | Cost |  | Gains |  | Losses |  | Fair Value
Preferred Stocks: |  |  |  |  |  |  |  |
Finance, Insurance and Real Estate |  | $ | 85.5 |  |  | $ | 5.2 |  |  | $ | (1.0 | ) |  | $ | 89.7 |
Other Industries |  | 16.3 |  |  | 3.5 |  |  | — |  |  | 19.8 |
Common Stocks: |  |  |  |  |  |  |  |
Manufacturing |  | 43.4 |  |  | 14.9 |  |  | (1.1 | ) |  | 57.2 |
Finance, Insurance and Real Estate |  | 34.3 |  |  | 6.2 |  |  | — |  |  | 40.5 |
Other Industries |  | 26.5 |  |  | 10.0 |  |  | (0.4 | ) |  | 36.1 |
Other Equity Interests: |  |  |  |  |  |  |  |
Exchange Traded Funds |  | 195.2 |  |  | 8.2 |  |  | (0.7 | ) |  | 202.7 |
Limited Liability Companies and Limited Partnerships |  | 160.3 |  |  | 27.7 |  |  | (1.8 | ) |  | 186.2 |
Investments in Equity Securities |  | $ | 561.5 |  |  | $ | 75.7 |  |  | $ | (5.0 | ) |  | $ | 632.2 |

X
- Definition Schedule of Other Investments [Table Text Block] + References No definition available. + Details
Name: | kmpr_ScheduleOfOtherInvestmentsTableTextBlock
Namespace Prefix: | kmpr_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of other than temporary impairment (OTTI) related to credit losses recognized in earnings including: (a) the beginning balance of the amount related to credit losses on debt securities held by the investor at the beginning of the period for which a portion of an OTTI was recognized in other comprehensive income; (b) additions for the amount related to the credit loss for which an OTTI was not previously recognized; (c) reductions for securities sold during the period (realized); (d) reductions for securities for which the amount previously recognized in other comprehensive income was recognized in earnings because the investor intends to sell the security or more likely than not will be required to sell the security before recovery of its amortized cost basis; (e) additional increases to the amount related to the credit loss for which an OTTI was previously recognized when the investor does not intend to sell the security and it is not more likely than not that the investor will be required to sell the security before recovery of its amortized cost basis; (f) reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security; and (g) the ending balance of the amount related to credit losses on debt securities held by the entity at the end of the period for which a portion of an OTTI was recognized in other comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27340-111563 + Details
Name: | us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the proceeds from sales of available-for-sale securities and the gross realized gains and gross realized losses that have been included in earnings as a result of those sales. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563 + Details
Name: | us-gaap_ScheduleOfRealizedGainLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition For all investments in an unrealized loss position, including those for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), a tabular disclosure of the aggregate related fair value of investments with unrealized losses and the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27290-111563 + Details
Name: | us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_DebtSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_EquitySecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |