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Kemper estimates $52M in Q2 pretax cat losses


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Kemper estimates $52M in Q2 pretax cat losses

Kemper Corp.estimates that its second-quarter results will include pretax catastrophe lossesof approximately $52 million.

The company said it does not expect to recover any of the lossesunder its catastrophe reinsurance program. While the losses were related to a numberof storms, the company noted that one hailstorm in north Texas in mid-April heavilyimpacted its policyholders in that area.