CHICAGO--(BUSINESS WIRE)--
Kemper Corporation (NYSE:KMPR)
announced today that it estimates that its second quarter 2017 results
will include pre-tax catastrophe losses in the range of $32 million to
$38 million. The company does not expect to recover any of these losses
under its catastrophe reinsurance program. The losses were related to
more than 15 storms throughout the country and adversely impacted losses
for both homeowners and auto lines.
About Kemper
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:
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Offer insurance for home, auto, life, health and valuables
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Service six million policies
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Are represented by 20,000 agents and brokers
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Employ 5,750 associates dedicated to providing exceptional service
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Are licensed to sell insurance in 50 states and the District of
Columbia
Learn more about Kemper.
Caution Regarding Forward-Looking Statements
This press release may contain or incorporate by reference information
that includes or is based on forward-looking statements within the
meaning of the safe-harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements give
expectations or forecasts of future events, and can be identified by the
fact that they relate to future actions, performance or results rather
than strictly to historical or current facts.
Any or all forward-looking statements may turn out to be wrong, and,
accordingly, readers are cautioned not to place undue reliance on such
statements, which speak only as of the date of this press release.
Forward-looking statements involve a number of risks and uncertainties
that are difficult to predict, and are not guarantees of future
performance. Among the general factors that could cause actual results
and financial condition to differ materially from estimated results and
financial condition are those listed in periodic reports filed by Kemper
with the SEC. No assurances can be given that the results and financial
condition contemplated in any forward-looking statements will be
achieved or will be achieved in any particular timetable. Kemper assumes
no obligation to publicly correct or update any forward-looking
statements as a result of events or developments subsequent to the date
of this press release. The reader is advised, however, to consult any
further disclosures Kemper makes on related subjects in its filings with
the SEC.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170717005297/en/
Kemper Corporation
Investors:
Diana Hickert-Hill, 312-661-4930
investors@kemper.com
Source: Kemper Corporation