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Dec 31, 2021
Rli Q4 2021 Earnings Report
RLI reported strong Q4 2021 results driven by underwriting income, favorable reserve development and solid investment returns.
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.
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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