Kemper Corporation 5.875% Fixed-Rate Reset Junior Subordinated Debentures due 2062

The debentures will bear interest (i) from and including the date of original issue to, but excluding, March 15, 2027, at the fixed rate of 5.875% per annum and (ii) from, and including, March 15, 2027, during each Reset Period (as defined below), at a rate per annum equal to the Five-Year Treasury Rate (as defined below) as of the most recent Reset Interest Determination Date (as defined below) plus 4.140% to be reset on each Reset Date (as defined below). We will pay interest on the debentures quarterly on March 15, June 15, September 15 and December 15 of each year, beginning on June 15, 2022. We may defer interest payments during one or more deferral periods for up to five consecutive years each as described in this prospectus supplement. See “Description of Debentures—Option to Defer Interest Payments.” The debentures will mature on March 15, 2062.







Brighthouse Financial Inc 4.625% Non-Cumulative Preferred Stock, Series D




SiriusPoint Ltd 8% Resettable Fixed Rate Preference Stock, Series B

Coupon is fixed at 8% until 2/26/2026 at which time it will reset to a coupon of the 5 year treasury plus a spread of 7.298%–resetting on every 5th anniversary. Issue is redeemable starting 2/26/2026 and on each 5th anniversary






Affiliated Managers Group 4.20% Junior Subordinated Notes due 2061

We may defer interest payments on the Notes on one or more occasions for up to 20 consecutive quarterly periods per deferral period as described in this prospectus supplement. Deferred interest payments will accrue additional interest at a rate equal to the interest rate then applicable to the Notes, compounded quarterly, to the extent permitted by applicable law.




RenaissanceRE Holdings LTD 4.20% Series G Preference Stock






Globe Life Inc. 4.25% Junior Subordinated Debentures Due 2061




Arch Capital Group Inc. 4.55% Non-Cumulative Preferred Shares, Series G




PartnerRE 4.875% Fixed Rate Non-Cumulative Redeemable Preferred Shares, Series J

PartnerRE merged with Pillar LTD in March, 2016 and there is NO parent company that publicly trades. The ticker shown as the parent is for sorting purposes only




W.R. Berkley Corporation 4.125% Subordinated Debentures Due 2061

Interest may be deferred on one or more occasions for up to 5 consecutive years. Interest will continue to accrue.




CNO Financial Group 5.125% Subordinated Debentures due 2060




Selective Insurance Group 4.60% Non-Cumulative Preferred Stock, Series B




Athene Holding LTD 4.875% Fixed-Rate Perpetual Non-Cumulative Preference Shares

Merged with Apollo Global Management 1/3/2022




Watford Holdings LTD 8.50% Cumulative Redeemable Preference Shares

9,065,200 shares were sold in a private placement on 3/31/2014 with a coupon of 8.5%. Coupon is fixed at 8.50% until 6/30/2019 at which point shares float at 3 month Libor plus a spread of 6.6785%. IF 3 month libor is BELOW 1% then 1% will be used as the libor floor.

The company redeemed 6,919,998 shares on 7/2/2019







Assurant Inc. 5.25% Subordinated Notes DUE 2061




Brighthouse Financial Inc. 5.375% Non-Cumulative Preferred Stock, Series C




Affiliated Managers Group Inc. 4.75% Junior Subordinated Notes due 9/30/2060

We may defer interest payments on the Notes on one or more occasions for up to 20 consecutive quarterly periods per deferral period as described in this prospectus supplement. Deferred interest payments will accrue additional interest at a rate equal to the interest rate then applicable to the Notes, compounded quarterly, to the extent permitted by applicable law.




Brighthouse Financial Inc 6.75% Non-Cumulative Preferred Stock, Series B




WR Berkley Corporation 4.25% Subordinated Debentures Due 2060

Interest may be deferred on one or more occasions for up to 5 consecutive years. Interest will continue to accrue.




Prudential Financial 4.125% Junior Subordinated Notes due 2060






Athene 6.375% Fixed-Rate Reset Perpetual Non-Cumulative Preference Shares, Series C

Merged with Apollo Global Management 1/3/2022

The coupon will be fixed until 9/30/2025 at 6.375% after which point the rate will be reset at a rate of the 5 year treasury plus a spread of 5.97%–reset every 5 years.




Argo Group 7.00% Resettable Fixed Rate Preference Shares

Coupon will be fixed at 7% until 8/15/2025 after which the coupon will reset at the rate of the 5 year treasury plus a spread of 6.721%. To be reset every 5 years thereafter




American Equity Investment Life Holding Company 6.625% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B

The coupon will be fixed until 9 /1/2025 at 6.625% after which point the rate will be reset at the 5 year treasury plus a spread of 6.297% and there after reset every 5 years




American Financial Group Inc. 5.625% Subordinated Debentures due 2060

The company has the right to defer interest payments for up to 5 years one or more times without causing a default. Interest will accrue.




MetLife Inc. 4.75% Non-Cumulative Preferred Stock, Series F