secwatch.observer — SEC 8-K summary
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Issuer:     KEMPER Corp (KMPR)
CIK:        0000860748
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0000860748-23-000116
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kemper reports Q1 net loss $80.1M ($1.25/sh); adjusted loss $65.2M; $0.31 dividend
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- Net loss of $80.1M ($1.25 diluted EPS); prior year Q1 net loss was $86.3M ($1.36).
- Adjusted consolidated net operating loss of $65.2M ($1.02/sh) vs $51.6M ($0.81) a year ago.
- Results hit by catastrophe losses, prior-year adverse development, and higher-than-anticipated frequency.
- CEO expects return to underwriting profitability by end of 2023; rate actions and tightened underwriting underway.
- Quarterly dividend declared at $0.31 per share, consistent with prior rate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/860748/000086074823000116/0000860748-23-000116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/860748/000086074823000116/kmpr-20230508.htm
  HTML page:      https://secwatch.observer/filing/0000860748-23-000116

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