Kemper pegs Q2 net loss at $95mn-$105mn, cat losses at $39mn
  • 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

Cookies Settings

Kemper pegs Q2 net loss at $95mn-$105mn, cat losses at $39mn

Kyoung-son Song
July 27, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
kemper logo cars traffic.jpg

Auto insurer Kemper has estimated its Q2 2023 net loss at between $95mn-$105mn, with pre-tax cat losses for the quarter pegged at approximately $39mn.

The company estimates a net operating loss in the range of $15mn-$25mn, according to a preliminary earnings release.

In addition, Kemper expects to record an after-tax goodwill impairment charge of approximately $45.5mn

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
Request a free trial Already a subscriber? Login now

Topics

NewsPersonal linesKemperClaims and losses
headshot template (23).png
Kyoung-son Song
Senior Reporter
Contact
Gift this article