RLI Corp. Company Profile and Financial Data

RLI Corp. is a leading specialty insurance company that's been around for over 100 years. Founded in 1965, the company has grown to become a global player in the insurance industry.

RLI Corp. is headquartered in Peoria, Illinois, and has a diverse portfolio of insurance products that cater to various industries, including construction, manufacturing, and healthcare. The company's expertise in underwriting and risk management has earned it a reputation as a trusted partner for businesses and individuals alike.

RLI Corp.'s financial data reveals a strong and stable company with a solid balance sheet and a history of consistent revenue growth. With over $2 billion in annual revenues, the company has established itself as a major player in the specialty insurance market.

Here's an interesting read: S Corp 401k Match

RLI Corp. has reported a significant underwriting income of $173.2 million for the full year, with a combined ratio of 86.6%.

The company's underwriting income has consistently improved over the years, with a notable increase in Q2 2024, reaching $70 million on an 81.5 combined ratio.

Recommended read: Combined Insurance

In Q1 2025, RLI Corp. reported an underwriting income of $70.5 million on an 82.3% combined ratio, a slight decrease from the previous year's Q1 underwriting income of $77.7 million on a 78.5% combined ratio.

The Property segment has been a significant contributor to the company's underwriting income, with $56.9 million in Q1 2025 and $53.2 million in Q2 2024.

Recommended read: Solo 401k S Corporation

The combined ratio is a key metric for RLI Corp., and it's essential to understand how it's performing. RLI's combined ratio for Q1 2025 was 82.3%, up from 78.5% in Q1 2024.

In Q3 2024, RLI's combined ratio improved to 89.6%, a significant decrease from 98.7% in Q3 2023. This improvement is notable, especially considering the losses from Hurricanes Beryl and Helene.

RLI's Q2 2024 results showed a combined ratio of 81.5%, an improvement from 87.2% in Q2 2023. The Property segment contributed to this improvement, with a combined ratio of 84.5% in Q2 2025.

On a similar theme: Truist Financial Reports Q3 2024 Earnings.

The full-year 2023 combined ratio was 86.6%, slightly higher than the 84.4% in 2022. However, favourable development in prior years' loss reserves contributed to a $95.3 million net increase in underwriting income.

RLI's Q1 2024 combined ratio was 78.5%, a slight decrease from 79.4% in Q1 2023. The insurer reported underwriting income of $77.7 million on this combined ratio.

RLI Corp., a specialty insurer, has estimated pre-tax net catastrophe losses from hurricanes Beryl and Helene to be between $35 million and $40 million. This estimate is subject to change due to the complexity of the events.

These losses will be reflected in the company's third quarter 2024 results.

RLI Insurance recorded losses of $66 million from the Maui wildfires in the third quarter of 2023, which was a severe event and unusual for the company.

RLI Corp. has been a leading provider of insurance and reinsurance products for over 100 years, with a strong presence in the industry.

The company has a diverse portfolio of insurance lines, including casualty, property, and professional liability insurance, which helps to mitigate risk for its clients.

RLI Corp. is headquartered in Peoria, Illinois, and has a significant presence in the Midwest region, with a large network of agents and brokers.

The company's commitment to innovation and technology has enabled it to stay ahead of the curve in the industry, with a focus on using data and analytics to inform its underwriting and risk assessment processes.

RLI Corp. has a strong track record of financial stability, with a solid balance sheet and a history of steady earnings growth, which has helped to attract and retain customers.

The company's focus on customer service and satisfaction has earned it a reputation as a trusted partner in the insurance industry, with a commitment to delivering exceptional service and support to its clients.

RLI Corp. is a leading specialty insurance company with a diverse portfolio of business lines.

The company's insurance business is divided into three segments: Casualty, Property, and Surety.

RLI Corp. provides insurance solutions to various industries, including healthcare, construction, and transportation.

RLI's Casualty segment offers a range of insurance products, including general liability, professional liability, and workers' compensation.

RLI Corp. has a strong presence in the US insurance market, with operations in all 50 states.

The company's Property segment provides insurance coverage for commercial and residential properties.

RLI's Surety segment offers bonding services for contractors and other businesses.

See what others are reading: Property and Casualty Insurance Carriers

RLI Corp. has some impressive institutional backing, with 77.89% of the stock currently owned by institutional investors and hedge funds.

State Street Corp, Dimensional Fund Advisors LP, Geode Capital Management LLC, Thrivent Financial for Lutherans, and Port Capital LLC are among the notable investors who have increased their stakes in RLI.

RLI's stock has seen significant trading activity, with State Street Corp, Dimensional Fund Advisors LP, Geode Capital Management LLC, Thrivent Financial for Lutherans, and Port Capital LLC all buying more shares in the third quarter.

Related reading: G.D. Searle, LLC

RLI recently declared a dividend, which was paid on Friday, December 20th. This is an increase from RLI's previous dividend of $2.25.

The dividend was paid to stockholders of record on Friday, November 29th, and the ex-dividend date was also Friday, November 29th.

The dividend amount is $4.29, which represents a dividend yield of 0.7%.

A significant portion of RLI shares are owned by institutional investors and hedge funds, with 77.89% of the stock currently held by these entities.

State Street Corp has been actively buying and selling RLI shares, lifting its stake in the stock by 1.3% in the third quarter.

Dimensional Fund Advisors LP has also been increasing its position in RLI, lifting its stake by 2.7% in the second quarter.

Geode Capital Management LLC has been purchasing more RLI shares, lifting its position by 5.9% in the third quarter.

Thrivent Financial for Lutherans has been buying RLI shares as well, boosting its stake by 0.5% in the third quarter.

Curious to learn more? Check out: Spdr Gold Trust Gold Etf

Port Capital LLC has also been increasing its position in RLI, buying more shares to lift its stake by 0.4% in the third quarter.

These institutional investors have been acquiring significant amounts of RLI shares, with State Street Corp owning 4,393,250 shares worth $680,866,000 and Dimensional Fund Advisors LP owning 931,454 shares worth $131,045,000.

Additional reading: Gld Spdr Gold Shares

RLI Stock Performance is a great example of how a company's stock can fluctuate. RLI opened at $165.89 on Monday.

The 52 week low for RLI is $132.01, while the 52 week high is $182.29. This shows a significant range in the stock's value over the past year.

RLI's 50-day simple moving average is $168.58, and its 200 day simple moving average is $155.58. This means that the stock has been trending upwards over the past two months.

The firm has a market cap of $7.60 billion, a price-to-earnings ratio of 18.23, and a beta of 0.46. These numbers give investors an idea of the company's size and growth potential.

Shares of RLI are going to split before the market opens on Thursday, January 16th. This means that existing shareholders will receive additional shares.

RLI last released its quarterly earnings results on Monday, October 21st, with earnings per share of $1.31.

Related reading: Kimco Realty Corporation Stock

RLI Corp. is a publicly traded company listed on the New York Stock Exchange under the ticker symbol RLI.

Founded in 1965, the company has a rich history of providing insurance solutions to its customers.

RLI Corp. is headquartered in Peoria, Illinois, where it has been a major employer in the region for decades.

RLI Corp was founded in 1965 by Gerald D. Stephens, one of the first insurers of contact lenses.

The company started by insuring contact lenses, but later expanded into other niche insurance markets. They even administered pet insurance for an Arizona veterinarian in 1982.

RLI Corp has undergone significant changes over the years, including the retirement of its founding contact lens insurance product in 1994 and the sale of its RLI Vision unit to Maui Jim in 1996.

The company has continued to innovate and grow, investing $20 million in renovations of their Peoria headquarters in 2013 and a $15 million addition in 2015.

RLI Corp has a long history of leadership, with Jonathan E. Michael serving as Chief Executive Officer from 2001 to 2021 and Craig W. Kliethermes taking over as CEO in 2022.

The company has a strong commitment to leadership development, promoting Kerrick Porter to Vice President, RLI Executive Products Group in 2024, and Phil Brodeur to Vice President, Risk Services, also in 2024.

RLI Corp has a diverse Board of Directors, with Clark C. Kellogg joining the board in 2024, bringing his expertise to the company.

Suggestion: Kenvue Board of Directors

RLI Corp likely spends on various technology areas, as reported by IT Client Prospector, which enables understanding of the company's digital strategy.

This information is crucial for businesses looking to partner with or invest in RLI Corp, as it helps them anticipate and align their own tech priorities with the company's needs.

IT Client Prospector provides intelligence on RLI Corp's likely spend across technology areas, making it easier for businesses to plan their own tech strategies.

By understanding RLI Corp's tech priorities, businesses can make informed decisions about their own investments in technology.

Take a look at this: Maine's Own Organic Milk Company

RLI Corp. offers a variety of products and services to meet different customer needs. Their product line includes a personal umbrella for added financial protection.

One notable product is the Hawaii Homeowners Plan, which is designed to cover homes in Hawaii. This plan is likely tailored to address the unique risks associated with owning a home in a state prone to natural disasters.

RLI Corp. also provides insurance for home businesses, offering coverage for commercial property and liability. This can be a valuable resource for entrepreneurs who want to protect their business assets.

Their product offerings also include multiple instances of "XYZ", but the specific details of these products are not provided in the available information.

If this caught your attention, see: Bank of Hawaii Stock Forecast