RLI estimates $30mn-$35mn in Q3 cat losses
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RLI estimates $30mn-$35mn in Q3 cat losses

RLI logo storm damage hurricane.jpg

Illinois-based specialty carrier RLI said on Wednesday it expects to record between $30mn and $35mn in catastrophe losses when it discloses third-quarter results later this month.

The figures include claims from Hurricane Ida, which industry observers have estimated to cost between $25bn and $35bn in insured damages.

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