Rli Q4 2022 Earnings Report
Key Takeaways
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.
Underwriting income of $54.0 million on a combined ratio of 82.1.
Gross premiums written increased by 14%.
Net investment income increased by 59%.
A special dividend of $7.00 per share was issued, returning $318.1 million to shareholders.
Rli
Rli
Forward Guidance
RLI anticipates the industry will remain dynamic and will continue to address both the opportunities and challenges with discipline, and a focus on the long-term success of the company.