secwatch.observer — SEC 8-K summary
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Issuer:     KEMPER Corp (KMPR)
CIK:        0000860748
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0000860748-23-000142
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kemper estimates Q2 net loss $95-105M, records $45.5M goodwill impairment
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- Estimated net loss $95-105M and adjusted consolidated net operating loss $15-25M.
- After-tax goodwill impairment of $45.5M recorded for Kemper Personal Insurance strategic review.
- Combined ratios: Kemper Auto 107%, Personal Insurance 113%, Life & Health unaffected.
- Preliminary unfavorable reserve development of ~$26M, catastrophe losses ~$39M pre-tax.
- Life & Health after-tax income ~$9M for the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/860748/000086074823000142/0000860748-23-000142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/860748/000086074823000142/kmpr-20230727.htm
  HTML page:      https://secwatch.observer/filing/0000860748-23-000142

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