RLI Stock Price, News & Analysis

RLI Corp. (NYSE: RLI) has announced a third quarter dividend of $0.25 per share, consistent with the previous quarter. The dividend is payable on September 20, 2021, to shareholders of record as of August 31, 2021. The company has a strong history of increasing dividends, achieving this for 46 consecutive years. RLI's dividend yield stands at 0.93%, based on an annual dividend of $1.00 and a closing stock price of $107.27.

RLI Corp. reported a net earnings decrease to $81.8 million ($1.79 per share) in Q2 2021, down from $92.2 million ($2.04 per share) in Q2 2020. However, operating earnings rose to $49.9 million ($1.09 per share) from $34.8 million ($0.77 per share) in the previous year. The company achieved a combined ratio of 84.8 and a 25% increase in gross premiums written. Book value per share increased by 11% to $27.46. RLI also announced a quarterly dividend increase, marking the 46th consecutive year of dividend growth.

RLI Corp. (NYSE: RLI) will release its second quarter 2021 earnings after the market closes on July 21, 2021. A conference call to discuss these results is scheduled for July 22, 2021, at 10 a.m. CDT, accessible via a webcast. RLI Corp. specializes in niche property, casualty, and surety insurance markets, having a strong track record with 46 consecutive years of increased dividends and 25 years of underwriting profits. All subsidiaries are rated A+ by AM Best.

RLI Corp. (NYSE: RLI) has declared a cash dividend of $0.25 per share for the second quarter, marking a $0.01 increase from the prior quarter. The dividend will be payable on June 18, 2021, to shareholders on record as of May 28, 2021. This marks the 46th consecutive year of dividend increases, contributing to a 0.90% dividend yield based on a $1.00 annual dividend and a closing stock price of $111.65. RLI Corp. is a specialty insurer with a solid track record of underwriting profits for 25 consecutive years.

RLI Corp. reported first quarter 2021 net earnings of $73.0 million ($1.60 per share), shifting from a net loss of $61.3 million (-$1.36 per share) in Q1 2020. Operating earnings rose to $39.6 million ($0.87 per share), compared to $29.8 million ($0.66 per share) last year. Underwriting income hit $29.9 million with a combined ratio of 86.9. Notably, gross premiums written increased by 20% and book value per share grew to $25.55. Despite challenges from winter storms, RLI aims to maintain underwriting profitability.

RLI Corp. has announced several leadership changes to enhance its operations and customer focus. Eric Raudins has been promoted to Senior VP of Transactional Insurance Solutions, overseeing personal and commercial products. Jill Johnson has taken on the role of VP of Personal Lines. Eric White is now VP of Commercial Transactional Insurance Solutions. Justin Doss has been appointed VP of Sales & Marketing for Transactional Insurance Solutions. Additionally, Kevin Horwitz has transitioned to VP of Innovation Management. These changes aim to drive growth and innovation within the company.

RLI Corp. (NYSE: RLI) has announced a first quarter regular cash dividend of $0.24 per share, consistent with the previous quarter. This dividend will be payable on March 19, 2021, to shareholders recorded by February 26, 2021. Notably, RLI has consistently increased its dividends for 45 years, offering a 0.92% dividend yield based on an annual payout of $0.96 at a closing stock price of $103.93. RLI is a specialty insurer with strong ratings, providing dedicated service across the property, casualty, and surety markets.