Medical Mutual of Ohio completed the acquisition of Reserve National from Kemper for $90m.

Medical Mutual of Ohio, an American mutual health insurance company, completed the acquisition of Reserve National, a provider of accident and health insurance, from Kemper, an American insurance provider, for $90m. "This transaction aligns with Kemper’s strategic intent and is a great fit for Medical Mutual of Ohio. It will allow Kemper to increase our focus and invest additional resources in the P&C and life insurance businesses that are providing sustainable, competitive advantages to better deliver value to all our stakeholders. Kemper expects to record a gain upon completion of the transaction," Joseph P. Lacher, Jr., Kemper President, CEO and Chairman.