Hawaii wildfire losses unlikely to have huge impact on RLI reinsurance renewals: COO
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Hawaii wildfire losses unlikely to have huge impact on RLI reinsurance renewals: COO

Hawaii_fires_2023.png

RLI COO Jennifer Klobnak said the Hawaii wildfires are not expected to have a huge impact on its reinsurance renewal process.

The event cost the carrier $66mn, including $14mn related to reinstatement premiums on its catastrophe treaties. This was at the lower end of its initial estimate of $65mn-$75mn in August.

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