Kemper, punished by higher claims severity, falls to $257mn P&C underwriting loss
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Kemper, punished by higher claims severity, falls to $257mn P&C underwriting loss

James Thaler
January 31, 2022
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Chicago-based specialty carrier Kemper was decimated in the fourth quarter by a spike in claims severity that pushed the carrier to a $257mn underwriting loss, its third major negative underwriting result in as many quarters.

On Monday evening the insurer said it lost $2.05 operating income per share, a sharp swing from last year’s $1.59

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