Reinsurance News
RLI Corp
Slow moving lava flow losses means no available reinsurance: RLI President
20th July 2018
Specialty insurer and reinsurer, RLI Corporation, saw its second-quarter net underwriting income decline by $5.5 million as a result of volcano activity in Hawaii, while the slow moving nature of the exposure means there isn't any available catastrophe reinsurance, according to President and Chief Operating Officer (COO), Craig Kliethermes. Hawaii's Kīlauea volcano ... Read the full article
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