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RLI announces Q3 cat losses of up to $35mn, net of reinsurance

October 7, 2021

U.S. property and casualty insurance company, RLI Corp., has pre-announced estimated pre-tax catastrophe losses of between USD 30 million and USD 35 million for the third-quarter of 2021.

RLI is scheduled to release its third-quarter 2021 financials after the market closes on October 20th.

The insurer’s loss range of USD 30 million to USD 35 million is net of reinsurance, and includes losses from Hurricane Ida in the U.S. and other events that occurred in the quarter.

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