Specialty insurer RLI has estimated its pre-tax net losses from hurricanes Helene and Beryl at $40mn and $35mn, respectively, in the first set of insurer loss forecasts ahead of Q3 earnings.
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RLI pegs its Helene and Beryl losses at $40mn, $35mn
Moody’s RMS forecast total insured losses from Helene of $8bn-$14bn.