Rli Earnings Reports

RLI Corp. delivered a solid third quarter with strong underwriting income, improved net investment income, and a combined ratio of 85.1. Book value per share grew significantly year-to-date.

RLI delivered strong second-quarter results with higher net income, improved investment income, and a 16% increase in book value, driven by favorable reserve development and disciplined underwriting.

RLI Corp. delivered profitable results in Q1 2025, with strong underwriting performance and investment income gains. Net earnings fell year-over-year due to lower unrealized equity gains, but operational metrics remained resilient.

RLI Corp. reported a decrease in net earnings and operating earnings for the fourth quarter of 2024 compared to the same period in 2023. The results were impacted by losses from Hurricane Milton. However, net investment income saw an increase.

RLI Corp. reported a significant increase in net earnings to $95.0 million ($2.06 per share) for Q3 2024, compared to $13.5 million ($0.29 per share) for the same period in 2023. Operating earnings also rose to $60.4 million ($1.31 per share) from $28.3 million ($0.61 per share) year-over-year. The company's performance was supported by underwriting income of $40.7 million and a combined ratio of 89.6, despite losses from Hurricanes Beryl and Helene.

RLI Corp. reported a strong second quarter in 2024, with net earnings of $82.0 million or $1.78 per share, compared to $77.7 million or $1.69 per share in the second quarter of 2023. Operating earnings were $79.3 million or $1.72 per share, compared to $53.3 million or $1.16 per share for the same period in 2023. The company's underwriting income was $70.0 million with a combined ratio of 81.5, and investment income increased by 18%.

RLI Corp. reported a strong first quarter in 2024, with significant increases in net earnings and operating earnings. Gross premiums written increased by 13%, driven by contributions from all three product segments. The company's underwriting income and investment returns contributed to an 8% increase in book value.

RLI Corp. reported a strong fourth quarter in 2023, with net earnings of $114.6 million ($2.49 per share) compared to $97.8 million ($2.13 per share) in Q4 2022. Operating earnings were $71.1 million ($1.54 per share), slightly up from $70.5 million ($1.53 per share) in the same period last year. The company achieved an underwriting income of $59.8 million with a combined ratio of 82.7.

RLI Corp. reported a decrease in net earnings for the third quarter of 2023 compared to the previous year, primarily due to losses from Hawaiian wildfires. Despite this, the company's diversified portfolio and growth in investment income contributed to underwriting profitability and an increase in book value per share.

RLI Corp. reported a strong second quarter in 2023, with a net earnings of $77.7 million ($1.69 per share) compared to a net loss of $2.2 million ($.05 per share) for the second quarter of 2022. The company's combined ratio was 87.2, with all three product segments contributing to the strong results.

RLI Corp. reported a strong start to 2023 with net earnings of $98.8 million, or $2.15 per share, compared to $47.9 million, or $1.05 per share, for the first quarter of 2022. The company achieved a combined ratio of 77.9 and top line premium growth of 16%. Investment income also supported growth in operating earnings.

RLI Corp. reported a strong fourth quarter in 2022, with net earnings of $97.8 million and operating earnings of $70.5 million. The company experienced a 14% increase in gross premiums written and a 59% increase in net investment income. Strong underwriting performance across all product segments resulted in an 82.1 combined ratio.

RLI Corp. reported a significant increase in net earnings for the third quarter of 2022, primarily driven by the sale of Maui Jim, Inc. While operating earnings decreased slightly compared to the same period in 2021, the company experienced underwriting profit despite catastrophe losses related to Hurricane Ian and continued growth across all three product segments.

RLI Corp. reported a net loss of $2.2 million for Q2 2022, a shift from the $81.8 million net earnings in Q2 2021. However, operating earnings increased to $67.4 million, and the company achieved an underwriting income of $56.0 million with a combined ratio of 80.2. Gross premiums written also saw a 17% increase.

RLI Corp. reported a strong first quarter in 2022, with a 22% increase in gross premiums written and a combined ratio of 77.9. Operating earnings were $1.43 per share, driven by solid contributions from all three product segments and favorable market conditions. However, negative portfolio returns led to a 5% decline in book value, inclusive of dividends.

RLI Corp. reported fourth quarter 2021 net earnings of $95.3 million ($2.08 per share), compared to $83.8 million ($1.84 per share) for the fourth quarter of 2020. Operating earnings for the fourth quarter of 2021 were $57.7 million ($1.26 per share), compared to $34.0 million ($0.75 per share) for the same period in 2020.

RLI Corp. reported third quarter 2021 net earnings of $29.2 million ($0.64 per share), compared to $42.4 million ($0.93 per share) for the third quarter of 2020. Operating earnings for the third quarter of 2021 were $29.8 million ($0.65 per share), compared to $19.0 million ($0.42 per share) for the same period in 2020.

RLI Corp. reported second quarter net earnings of $81.8 million, compared to $92.2 million for the second quarter of 2020. Operating earnings for the second quarter of 2021 were $49.9 million, compared to $34.8 million for the same period in 2020. The company achieved an 85 combined ratio and 25% growth in gross written premiums.

RLI Corp. reported a strong first quarter with significant growth in net earnings, driven by underwriting income and favorable development in prior years' loss reserves, despite challenges from winter storms. The company's combined ratio was 86.9, and premium volume increased across all three segments.

RLI Corp. reported a strong fourth quarter in 2020, with net earnings of $83.8 million or $1.84 per share, compared to $53.4 million or $1.18 per share in Q4 2019. Operating earnings for the quarter were $34.0 million or $0.75 per share, compared to $28.6 million or $0.63 per share for the same period in 2019. The company achieved underwriting income of $27.0 million on a combined ratio of 88.0.

RLI Corp. reported net earnings of $42.4 million, or $0.93 per share, compared to $32.3 million, or $0.71 per share, for the third quarter of 2019. Operating earnings were $19.0 million, or $0.42 per share, compared to $25.9 million, or $0.57 per share, for the same period in 2019. The company's results were impacted by losses from hurricanes, but the casualty and surety product segments delivered strong results.

RLI Corp. reported a strong second quarter with significant growth in net earnings and operating earnings. The company achieved underwriting profitability across all product segments, resulting in an 88.4 combined ratio. A strong rebound in capital markets contributed to an increase in book value.

RLI Corp. reported a net loss of $61.3 million for Q1 2020, compared to a net income of $65.5 million in Q1 2019. However, the company achieved growth in gross premiums written across all product segments and an underwriting profit, with underwriting income of $17.2 million.

RLI Corp. reported a strong fourth quarter in 2019, with significant increases in net earnings and operating earnings compared to the same period in 2018. The company achieved an underwriting income of $16.5 million and a combined ratio of 92.4. RLI also surpassed $1 billion in gross premiums written and statutory surplus for the first time in company history.