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KEMPER RESPONDS TO DUFF & PHELPS RATING

 KEMPER RESPONDS TO DUFF & PHELPS RATING
 LONG GROVE, Ill., July 30 /PRNewswire/ -- Kemper Corporation


(NYSE: KEM) issued the following response to Duff & Phelps' reaffirmation of its A+ rating of Kemper Corporation's senior debt as well as its AA- claims paying ability rating of Federal Kemper Life Assurance Company and its A+ claims paying ability rating of Kemper Investors Life Insurance Company:
 "In reaffirming the ratings of Kemper and its life insurance subsidiaries, we believe Duff & Phelps' analysis has taken into account the many steps Kemper has taken over the past year to reduce investment risk and improve the financial strength of its life insurance subsidiaries. We believe the ratings better reflect Kemper's diversified earnings base, the earnings strength of our asset management and other fee-income businesses and our conservative capital structure."
 Kemper Corp. is a nonoperating holding company with subsidiaries in asset management, securities brokerage, life insurance, reinsurance, property-casualty insurance and risk management services.
 -0- 7/30/92
 /CONTACT: Janice Kalmar, 708-540-4465, or Ira Nathanson, 708-540-4463, both of Kemper Corporation/
 (KEM) CO: Kemper Corporation ST: Illinois IN: INS SU: RTG


LD -- NY112 -- 5320 07/30/92 17:21 EDT
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Publication:PR Newswire
Date:Jul 30, 1992
Words:189
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