Reinsurance News

Kemper Corporation

Kemper elects United Airlines CFO Laderman as director

7th February 2020

US insurer Kemper has announced the appointment of Gerald Laderman as director, effective February 20. Laderman currently serves as Chief Financial Officer and executive vice president of United Airlines, and oversees the development of the firm’s overall financial strategy including cost management, capital allocation and balance sheet optimisation. He brings over 30 ... Read the full article

Kemper appoints Green to lead business development, reinsurance

5th November 2019

US insurer Kemper has appointed Mark Green to oversee business development and reinsurance as executive vice president. Green will continue reporting to Kemper president and Chief Executive Officer Joseph Lacher Jr. as well as leading the firm’s life and health division until a successor is appointed. He has served as president of ... Read the full article

Kemper appoints Chief Actuary & Strategic Analytics Officer

7th February 2019

U.S insurer Kemper Corporation has announced the appointment of Kimberly A. Holmes as Senior Vice President (SVP), Chief Actuary and Strategic Analytics Officer, effective immediately. Holmes has more than 25 years’ experience in re/insurance, actuarial functions and advanced analytics, and joins Kemper from AXA XL, where she most recently served as ... Read the full article

Kemper transfers more than half of Q4 cat losses to reinsurers

14th January 2019

U.S insurer Kemper Corporation has estimated that its fourth quarter 2018 results will include pre-tax catastrophe losses of $25 million to $30 million, net of reinsurance. Kemper's catastrophe aggregate reinsurance program is expected to absorb between $30 million to $35 million of the company's losses for the quarter. 2018 was the first ... Read the full article

Kemper to acquire Infinity in $1.4 billion merger deal

14th February 2018

Kemper Corporation has entered into a merger agreement to acquire auto insurer Infinity Property and Casualty Corporation in a cash and stock transaction, valued at approximately $1.4 billion. The implied total consideration is about $1.3 billion, or $121.01 per Infinity share. Infinity is a provider of auto insurance focused on serving the ... Read the full article