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Dec 31, 2022
Rli Q4 2022 Earnings Report
RLI Corp. reported net earnings and operating earnings that increased compared to the same period in 2021, driven by strong underwriting performance and increased net investment income.
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.
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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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