Rates across RLI’s hurricane book rose 25% in Q3: COO Klobnak
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Rates across RLI’s hurricane book rose 25% in Q3: COO Klobnak

Jairo Ibarra
October 20, 2022
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Specialty insurer RLI recorded rate increases of 25% across its hurricane-exposed portfolio during the third quarter, while the carrier’s overall property unit booked an 8% positive rate change, COO Jennifer Klobnak told analysts.

“Since January 1, 2019, the cumulative rate increases [across] our hurricane book is 110%, and new business pricing is higher than renewal,” the executive said.

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Jairo Ibarra
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