Welcome to our dedicated page for RLI news (Ticker: RLI), a resource for investors and traders seeking the latest updates and insights on RLI stock.
RLI Corp (RLI) is a specialty insurance leader providing niche property & casualty solutions for underserved markets. This news hub aggregates official press releases and verified updates about corporate developments, financial performance, and strategic initiatives.
Investors and industry professionals will find timely information on quarterly earnings, product innovations, and leadership changes, along with analysis of market trends impacting specialty insurance sectors. The curated collection includes updates on casualty underwriting, surety bond offerings, and capital management strategies.
Key content categories cover financial results announcements, acquisition activity, underwriting excellence milestones, and industry recognition. All materials are sourced directly from RLI's corporate communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined access to RLI's evolving story in specialty risk solutions. Regular updates provide insights into how the company maintains its position through expert underwriting and disciplined portfolio management.
AM Best has revised the outlook for RLI Corp. and its subsidiaries to positive from stable, while affirming their superior Financial Strength Rating (A+) and Long-Term Issuer Credit Ratings. The revision reflects RLI's consistently strong balance sheet fundamentals, prudent capital management, and favorable reserve development trends.
The company's risk-adjusted capitalization remained at the strongest level, with policyholder surplus growing significantly from $1.0 billion in 2019 to $1.8 billion by year-end 2024. RLI demonstrates strong operating performance across extended periods, driven by sound pricing discipline and diversification in specialty markets. The company maintains strong financial flexibility with modest financial leverage and robust fixed-charge coverage.
RLI Corp. (NYSE: RLI) has achieved a significant workplace recognition, securing the 9th position among the top 100 large U.S. companies in Glassdoor's Best Places to Work in 2025. The prestigious Employees' Choice Award is based on voluntary, anonymous feedback from employees through Glassdoor company reviews.
CEO Craig Kliethermes highlighted the company's 60-year legacy of fostering an ownership and innovation culture that enables team members to make meaningful contributions. The recognition particularly acknowledges RLI's associate-owners and their dedication to maintaining a positive workplace environment.
RLI Corp. reported Q4 2024 net earnings of $40.9 million ($0.44 per share), down from $114.6 million ($1.24 per share) in Q4 2023. The company achieved underwriting income of $22.2 million with a combined ratio of 94.4 in Q4 2024.
Key highlights for 2024 include: a 11% increase in gross premiums written exceeding $2 billion, 18% increase in net investment income, and underwriting income of $210.7 million with an 86.2 combined ratio. The company paid a special dividend of $2.00 per share and maintained its 29-year streak of underwriting profitability.
Notable impacts include $93.6 million in hurricane-related losses and $84.1 million favorable development in prior years' loss reserves. Book value per share increased 24% to $16.59. The company executed a two-for-one stock split on January 15, 2025.
RLI Corp. (NYSE: RLI) has announced it will release its fourth quarter 2024 earnings after market close on Wednesday, January 22, 2025. The company will host a quarterly conference call to discuss the results on Thursday, January 23, 2025, at 10 a.m. CST. The earnings call will be webcast through Q4 and will be accessible via their event platform.
RLI Corp (NYSE: RLI) announced a special cash dividend of $4.00 per share totaling approximately $183 million, along with a regular quarterly dividend of $0.29 per share. Both dividends will be paid on December 20, 2024, to shareholders of record as of November 29, 2024. Additionally, the company declared a two-for-one stock split for shareholders of record as of December 31, 2024, effective January 15, 2025, with post-split trading beginning January 16, 2025. The dividends will be paid on pre-split shares.
RLI Corp. reported strong third quarter 2024 results, with net earnings of $95.0 million ($2.06 per share), compared to $13.5 million ($0.29 per share) in Q3 2023. Key highlights include:
- Underwriting income of $40.7 million on a combined ratio of 89.6
- 13% increase in gross premiums written
- 15% increase in net investment income
- $18.1 million net increase in underwriting income from favorable development in prior years' loss reserves
- $32.7 million net decrease in underwriting income due to Hurricanes Beryl and Helene
- Book value per share of $38.17, up 26% from year-end 2023
The company achieved solid results across its diversified portfolio, maintaining financial strength despite recent hurricane activity.
RLI Corp. (NYSE: RLI) has announced the schedule for its third quarter 2024 earnings release and teleconference. The company will release its Q3 2024 earnings after market close on Monday, October 21, 2024. Following the release, RLI Corp. will host a quarterly conference call on Tuesday, October 22, 2024, at 10 a.m. CDT to discuss the results. Interested parties can access the webcast of the conference call through Q4 at the provided link: https://events.q4inc.com/attendee/811172831. This announcement provides shareholders and analysts with the opportunity to prepare for the upcoming financial disclosure and participate in the discussion of RLI Corp.'s performance.
RLI Corp. (NYSE: RLI) announced that its Board of Directors has declared a third-quarter regular cash dividend of $0.29 per share, consistent with the previous quarter. The dividend will be paid on September 20, 2024, to shareholders of record as of August 30, 2024. This marks the 49th consecutive year that RLI has increased its dividends. Based on the indicated annual dividend of $1.16, RLI's dividend yield stands at 0.79%, with the stock closing at $146.55 on the previous day.
RLI Corp. reported strong Q2 2024 results with net earnings of $82.0 million ($1.78 per share), up from $77.7 million in Q2 2023. Key highlights include:
- Underwriting income of $70.0 million with an 81.5 combined ratio
- 11% increase in gross premiums written
- 18% increase in net investment income to $34.0 million
- Favorable development in prior years' loss reserves, adding $19.8 million to underwriting income
- Book value per share up 14% to $34.64 from year-end 2023
The company achieved balanced growth across its portfolio, with strong performance in casualty and surety segments. RLI's underwriting-focused business model and diversified portfolio contributed to its success. The company also increased its quarterly dividend to $0.29 per share.
RLI Corp. (NYSE: RLI) announced that RLI Insurance Company has been named to Ward’s 50® top-performing insurance companies list for the 34th consecutive year. RLI is the only company to have been included every year since the list's inception in 1991. This recognition underscores the company’s financial strength, stability, and consistent superior performance. According to RLI Corp. President & CEO Craig Kliethermes, this achievement is attributed to the support of customers, producers, and dedicated team members. Ward benchmarking, a unit of Aon, recognizes U.S. property-casualty insurance companies that demonstrate superior performance over a five-year period. The latest results cover the years 2019-2023. More details and the full list of 2024 winners can be found at ward.aon.com.
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