Moody’s shifts Kemper view to positive

Moody's Investors Service said it changed Kemper Corp.’s outlook to positive from stable and affirmed the Baa3 senior debt rating.

“The positive outlook reflects Kemper's improved profitability with an average return on capital of about 8.5% in the past three years. Financial leverage remains moderate at 22% as of year-end 2020 with strong earnings coverage of interest,” Moody’s said in a press release.

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