Brief: Kemper Q4 Preliminary Results Estimates Net Loss Of $50 Mln To $65 Mln

Kemper

26/01/2023 11:54

Jan 26 (Reuters) - Kemper Corp  KMPR.N :
    * KEMPER CORP - PRELIMINARY RESULTS FOR Q4 OF 2022 INCLUDE
AN
ESTIMATED NET LOSS BETWEEN $50 MILLION AND $65 MILLION
    * KEMPER CORP - PRELIMINARY RESULTS FOR Q4 OF 2022 INCLUDE
ESTIMATED ADJUSTED CONSOLIDATED NET OPERATING LOSS BETWEEN $25
MILLION AND $35 MILLION
    * KEMPER CORP - PRELIMINARY CATASTROPHE LOSSES FOR Q4 2022
WERE $9
MILLION
    * KEMPER - Q4 COMBINED RATIOS WERE ADVERSELY IMPACTED BY
INCREASES
IN CLAIM RESERVE FOR FIRST THREE QUARTERS OF 2022, PRIOR YEAR
CLAIM RESERVE ADDITIONS

Source text for Eikon:  ID:nBw78Ffwra 
Further company coverage:  KMPR.N 
 ((Reuters.Briefs@thomsonreuters.com;))