Kemper Q1 operating profits fall 46% as cat claims cost the carrier $22mn
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Kemper Q1 operating profits fall 46% as cat claims cost the carrier $22mn

kemper-corporation-logo-chicago-il.jpg

Kemper Insurance reported a 46% year-on-year dip in operating profits for the first quarter of 2021, as natural catastrophe claims weighed on the company’s results.

Net operating profits declined to $87.2mn, or $1.31 per share, for the period, down from $162.9mn, or $2.43 per share, during the same period last year.

The

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article