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RLI - RLI expects catastrophe losses of $65M-$75M from Hawaiian wildfires
RLI Corp.
2023-08-23 16:29:11 ET
RLI Corp ( NYSE: RLI ) said on Wednesday that it expects pretax net catastrophe losses from Hawaiian wildfires in the range of $65M to $75M, to be reflected in Q3 2023.
Shares of RLI were flat in after hours trading.
According to RLI, the range is based on 200 affected structures, where the company provided primarily homeowners insurance.