other material
confidence high
sentiment negative
materiality 0.60
RLI estimates $65M-$75M pretax catastrophe losses from Hawaiian wildfires in Q3 2023
RLI CORP
- Estimated pretax net catastrophe loss range of $65M to $75M, net of reinsurance and including reinstatement premiums.
- Losses impact approximately 200 structures where RLI provided primarily homeowners insurance.
- Estimates are preliminary and subject to change due to complexity of claims.
- RLI will report Q3 2023 earnings on Oct 23, 2023, with a conference call on Oct 24, 2023.