Kemper Corporation (NYSE:KMPR) has announced its Q3 2023 preliminary results, which include an estimated net loss between $140 million and $150 million and an estimated adjusted consolidated net operating loss between $25 million and $35 million. The net loss includes a $56 million after-tax non-cash charge related to the termination of Kemper's remaining pension plan obligations and approximately $25 million of after-tax net realized losses on investments. The company reaffirmed its guidance and provided updates on strategic initiatives, including the establishment of Kemper Reciprocal Exchange and the anticipation of a $250+ million Life dividend to parent in Q4 2023.