{"id":726012,"date":"2023-01-26T06:48:33","date_gmt":"2023-01-26T11:48:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kemper-announces-schedule-for-fourth-quarter-2022-earnings-release-and-preliminary-results\/"},"modified":"2023-01-26T06:48:33","modified_gmt":"2023-01-26T11:48:33","slug":"kemper-announces-schedule-for-fourth-quarter-2022-earnings-release-and-preliminary-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kemper-announces-schedule-for-fourth-quarter-2022-earnings-release-and-preliminary-results\/","title":{"rendered":"Kemper Announces Schedule for Fourth Quarter 2022 Earnings Release and Preliminary Results"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwleftsingle { border-left: solid black 1pt }\n.bwlistdisc { list-style-type: disc }\n.bwpadl0 { padding-left: 0px }\n.bwpadl1 { padding-left: 5px }\n.bwpadr0 { padding-right: 0px }\n.bwrightsingle { border-right: solid black 1pt }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth100 { width: 100% }\n.bwwidth25 { width: 25% }\n.bwwidth50 { width: 50% }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Kemper Announces Schedule for Fourth Quarter 2022 Earnings Release and Preliminary Results<\/b><\/p>\n<p>CHICAGO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nKemper Corporation (NYSE: KMPR) today announced that after the markets close on Thursday, February 2, 2023, Kemper will issue its fourth quarter 2022 earnings release and financial supplement. The company expects to file its annual report on Form 10-K with the Securities and Exchange Commission approximately one week later. Following their publication, these documents will be available in the investor section of <a rel=\"nofollow\" href=\"http:\/\/investors.kemper.com\/CorporateProfile\">kemper.com<\/a>.\n<\/p>\n<p><b>PRELIMINARY RESULTS<\/b><\/p>\n<p>\nPreliminary results for the fourth quarter of 2022 include an estimated net loss between $50 million and $65 million and an estimated adjusted consolidated net operating loss between $25 million and $35 million.\n<\/p>\n<p>\nEstimated fourth quarter and full year recorded combined ratios are as follows:\n<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwleftsingle bwrightsingle bwwidth50 bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nPreliminary\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth25\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nThree months ended December 31, 2022\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth25\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nTwelve months ended December 31, 2022\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwwidth50 bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nKemper Auto\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth25 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n109%\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth25 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n108%\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwwidth50 bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nKemper Personal Insurance\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth25 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n111%\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth25 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n114%\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<ul class=\"bwlistdisc\">\n<li>\nThe fourth quarter of 2022 combined ratios were adversely impacted by increases in claim reserve for the first three quarters of 2022 and prior year claim reserve additions.\n<\/li>\n<li>\nThe preliminary unfavorable prior year reserve development of $8 million in the fourth quarter was primarily driven by an increase in third party loss settlement costs, reduced salvage values, and an increase in Florida PIP defense costs.\n<\/li>\n<li>\nThe Kemper Auto fourth quarter preliminary combined ratio of 109 percent includes $7 million of adverse loss and legal cost development for the first three quarters of 2022.\n<\/li>\n<li>\nThe Kemper Personal Insurance fourth quarter preliminary combined ratio of 111 percent includes $3 million of adverse loss and legal cost development for the first three quarters of 2022.\n<\/li>\n<li>\nFor the year, Kemper recorded preliminary favorable prior year reserve development of $17 million.\n<\/li>\n<li>\nPreliminary catastrophe losses for the fourth quarter 2022 were $9 million.\n<\/li>\n<\/ul>\n<p><b>CONFERENCE CALL DETAILS<\/b><\/p>\n<p>\nKemper will host its conference call to discuss fourth quarter 2023 results on Thursday, February 2, 2023, at 5:00 pm Eastern (4:00 pm Central). The conference call will be accessible via the internet and by telephone at <b>844.200.6205, access code 906245.<\/b> To listen via webcast, register online at the investor section of <a rel=\"nofollow\" href=\"http:\/\/investors.kemper.com\/CorporateProfile\">kemper.com<\/a> at least 15 minutes prior to the webcast to install any necessary software. A replay of the webcast will be available online at the investor section of <a rel=\"nofollow\" href=\"http:\/\/investors.kemper.com\/CorporateProfile\">kemper.com<\/a>.\n<\/p>\n<p><b>ABOUT KEMPER<\/b><\/p>\n<p>\nThe Kemper family of companies is one of the nation&#8217;s leading specialized insurers. With approximately $13 billion in assets, Kemper is improving the world of insurance by providing affordable and easy-to-use personalized solutions to individuals, families and businesses through its Auto, Personal Insurance and Life brands. Kemper serves over six million policies, is represented by 33,500 agents and brokers, and has 10,100 associates dedicated to meeting the ever-changing needs of its customers. Learn more about <a rel=\"nofollow\" href=\"http:\/\/www.kemper.com\/\"><b>Kemper<\/b><\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230126005404r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230126005404\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230126005404\/en\/<\/a><\/span><\/p>\n<p>\nInvestors: Karen Guerra, 312.668.9720, investors@kemper.com<br \/>\n<br \/>News Media: Barbara Ciesemier, 312.661.4521, bciesemier@kemper.com\n<\/p>\n<p><b>KEYWORDS:<\/b> Illinois United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Professional Services Professional Services Insurance Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230126005404\/en\/688392\/3\/Kemper_Logo_Color_Web_FINAL.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Kemper Announces Schedule for Fourth Quarter 2022 Earnings Release and Preliminary Results CHICAGO&#8211;(BUSINESS WIRE)&#8211; Kemper Corporation (NYSE: KMPR) today announced that after the markets close on Thursday, February 2, 2023, Kemper will issue its fourth quarter 2022 earnings release and financial supplement. The company expects to file its annual report on Form 10-K with the Securities and Exchange Commission approximately one week later. Following their publication, these documents will be available in the investor section of kemper.com. PRELIMINARY RESULTS Preliminary results for the fourth quarter of 2022 include an estimated net loss between $50 million and $65 million and an estimated adjusted consolidated net operating loss between $25 million and $35 million. Estimated fourth quarter and full year recorded combined &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kemper-announces-schedule-for-fourth-quarter-2022-earnings-release-and-preliminary-results\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Kemper Announces Schedule for Fourth Quarter 2022 Earnings Release and Preliminary Results&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-726012","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kemper Announces Schedule for Fourth Quarter 2022 Earnings Release and Preliminary Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kemper-announces-schedule-for-fourth-quarter-2022-earnings-release-and-preliminary-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kemper Announces Schedule for Fourth Quarter 2022 Earnings Release and Preliminary Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Kemper Announces Schedule for Fourth Quarter 2022 Earnings Release and Preliminary Results CHICAGO&#8211;(BUSINESS WIRE)&#8211; Kemper Corporation (NYSE: KMPR) today announced that after the markets close on Thursday, February 2, 2023, Kemper will issue its fourth quarter 2022 earnings release and financial supplement. The company expects to file its annual report on Form 10-K with the Securities and Exchange Commission approximately one week later. Following their publication, these documents will be available in the investor section of kemper.com. PRELIMINARY RESULTS Preliminary results for the fourth quarter of 2022 include an estimated net loss between $50 million and $65 million and an estimated adjusted consolidated net operating loss between $25 million and $35 million. 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The company expects to file its annual report on Form 10-K with the Securities and Exchange Commission approximately one week later. Following their publication, these documents will be available in the investor section of kemper.com. PRELIMINARY RESULTS Preliminary results for the fourth quarter of 2022 include an estimated net loss between $50 million and $65 million and an estimated adjusted consolidated net operating loss between $25 million and $35 million. 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