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Stock impact report

RLI Announces Hurricane Beryl and Hurricane Helene Loss Estimates

RLI Corp. (DE) (RLI) 
Last rli corp. (de) earnings: 4/21 04:10 pm Check Earnings Report
US:NYSE Investor Relations: rlicorp.com/investors
Company Research Source: Business Wire
PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. (NYSE: RLI) – RLI Corp. (RLI) announced today an estimated range of pretax net catastrophe losses from Hurricanes Beryl and Helene of $35 to $40 million, to be reflected in the third quarter of 2024. This range is net of reinsurance recoverables and is subject to change due to the complexity of the claims and preliminary nature of the information currently available.“Our thoughts are with everyone impacted by these devastating storms,” RLI Corp. President & CEO Craig Kliethermes. “Following these events, our claim team has responded rapidly to assess the widespread damage and is helping affected policyholders recover as quickly as possible. We remain dedicated to providing superior support to our customers.”RLI Corp. will release its third quarter 2024 earnings after market close on Monday, October 21, 2024. The company will hold its quarterly conference call to discuss third quarter results on Tuesday, October 22, 2024, at 10 a.m. CDT.This Show less Read more
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