Kemper pegs preliminary Q1 net loss at $75mn-$85mn
  • 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 pegs preliminary Q1 net loss at $75mn-$85mn

kemper logo cars traffic.jpg

Auto insurer Kemper has estimated a net loss between $75mn-85mn for the first quarter of 2023 and an adjusted consolidated net operating loss between $60mn-70mn.

In a preliminary earnings release, the carrier disclosed estimated combined ratios for the quarter by segment, which were adversely impacted by prior-year claim reserve additions and catastrophes.

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article