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Jun 30, 2021
Rli Q2 2021 Earnings Report
RLI Corp reported an increase in operating earnings driven by underwriting income and growth in gross written premiums.
Key Takeaways
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.
Underwriting income of $36.6 million on a combined ratio of 84.8.
25% increase in gross premiums written.
Favorable development in prior years’ loss reserves, resulting in a $27.5 million net increase in underwriting income.
Book value per share of $27.46, an increase of 11% (inclusive of dividends) from year-end 2020.
Revenue by Segment
Forward Guidance
RLI management will hold a conference call to discuss quarterly results with insurance industry analysts.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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