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Kemper Corporation - $KMPR STOCK NEWS

Welcome to our dedicated page for Kemper Corporation news (Ticker: $KMPR), a resource for investors and traders seeking the latest updates and insights on Kemper Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kemper Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kemper Corporation's position in the market.

Rhea-AI Summary
Kemper Corporation appoints Bradley T. Camden as Interim CFO, initiating search for permanent CFO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.74%
Tags
management
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Rhea-AI Summary
The Kemper Foundation has awarded grants to 50 bilingual literacy schoolteachers in Dallas, greater Los Angeles, and Miami areas through its Read Conmigo program. The grants amount to $3,000 each and can be used for classroom resources and professional development. The program aims to strengthen bilingual literacy skills for Latino and Hispanic students. The feedback from award recipients has been positive, with gains in student metrics and assessments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.29%
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none
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Rhea-AI Summary
Kemper Corporation has announced the appointment of Christopher Flint as President of Kemper Life. Flint brings over 25 years of experience in the financial services and insurance industries and will be responsible for accelerating the progress of Kemper Life. He has a strong background in transforming businesses and driving growth through transparency and talent engagement. Flint will report to Kemper's President, CEO, and Chairman and will be based in Chicago.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.4%
Tags
management
Rhea-AI Summary
KMPR reported a net loss of $97.1 million, or $(1.52) per share, for Q2 2023, compared to a net loss of $72.2 million, or $(1.13) per share, for Q2 2022. The net loss for Q2 2023 included a $45.5 million after-tax charge from the goodwill asset impairment related to the Preferred Property and Casualty Insurance segment. Specialty P&C reflects a six-point Underlying Combined Ratio improvement. Kemper anticipates continued improvement in underwriting performance in the second half of 2023, aiming to generate a return on equity equal to or greater than 10% in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.4%
Tags
-
Rhea-AI Summary
Kemper Corporation (NYSE: KMPR) is exiting the preferred home and auto insurance market, reducing the business immediately. The preferred property and casualty business includes eight underwriting companies with approximately $500 million of written premium. Kemper will release capital and increase resources for its core specialty auto and life businesses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.4%
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none
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News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
Tags
dividends
Rhea-AI Summary
Kemper Corporation announces preliminary results for Q2 2023, including estimated net loss and adjusted consolidated net operating loss. Combined ratios for the quarter were impacted by prior year claim reserve additions and current year catastrophes. Kemper will host a conference call to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.97%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.73%
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none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
Tags
Kemper Corporation

NYSE:KMPR

KMPR Rankings

KMPR Stock Data

3.94B
61.31M
4.6%
85.29%
2.16%
Third Party Administration of Insurance and Pension Funds
Finance and Insurance
Link
United States of America
CHICAGO

About KMPR

the kemper family of companies is one of the nation’s leading insurers. with $8 billion in assets, kemper is improving the world of insurance by offering personalized solutions for individuals, families and businesses. kemper's businesses collectively: • offer home, auto, life, health and valuables insurance • service six million policies • are represented by more than 20,000 independent agents and brokers • employ 6,000 associates dedicated to providing exceptional service to our customers • are licensed to sell insurance in 50 states and the district of columbia our rated* underwriting companies: • are rated a- (excellent) by a.m. best company, the leading insurance industry rating authority * alliance united insurance company is not rated.