"Due to the Maui, Hawaii wildfires on August 9, we preliminarily estimate our net loss exposure to be $7.5 million plus additional cost in the form of reinstatement premiums to restore any necessary reinsurance layers," Hallmark Financial has said amid its Q2 results. The wildfire outbreaks in Hawaii have caused mass devastation, with the greatest [...] The post Hallmark anticipates Hawaii wildfires net loss exposure to be $7.5m appeared first on ReinsuranceNe.ws.
Hallmark Financial is a Texas-based brokerage firm that provides services such as personal, commercial, property and casualty insurance for individuals and businesses.