Rli Q4 2021 Earnings Report
Key Takeaways
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.
Underwriting income of $49.7 million on a combined ratio of 80.7.
12% increase in gross premiums written.
Favorable development in prior years’ loss reserves, resulting in a $24.2 million net increase in underwriting income.
Special dividend of $2.00 per share, representing $90.6 million returned to shareholders.
Rli
Rli
Rli 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