earnings
confidence high
sentiment negative
materiality 0.75
Kemper preliminary Q4 2022 net loss $50-65M; combined ratios >100%
KEMPER Corp
2022-FY EPS reported
-$4.72
revenue$5,576,800,000
- Estimated Q4 net loss of $50-65M; adjusted net operating loss $25-35M.
- Q4 combined ratios: Kemper Auto 109%, Kemper Personal Insurance 111%.
- Adverse prior year reserve development of $8M in Q4; total favorable $17M for year.
- Catastrophe losses for Q4: $9M.
- Full year combined ratios: Auto 108%, Personal Insurance 114%.