secwatch.observer — SEC 8-K summary
======================================

Issuer:     KEMPER Corp (KMPR)
CIK:        0000860748
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0000860748-24-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kemper reports Q4 2023 net income of $51.4M ($0.80 EPS) vs loss of $53.3M a year ago
--------------------------------------------------------------------------------

- Net income $51.4M ($0.80 diluted EPS) vs net loss $53.3M ($0.84 loss) in Q4 2022.
- Adjusted consolidated net operating income $50.5M ($0.78/sh) vs loss of $23.5M ($0.36 loss) prior year.
- Specialty P&C underlying combined ratio improved 2.3% sequentially to 98.2%; achieved $150M expense savings target.
- Parent liquidity increased to $1.1B, up $325M from prior quarter; Bermuda optimization generated ~$330M dividends.
- Life business continues stable earnings; management expects return to target margins in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/860748/000086074824000016/0000860748-24-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/860748/000086074824000016/kmpr-20240201.htm
  HTML page:      https://secwatch.observer/filing/0000860748-24-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer