Welcome to our dedicated page for RLI news (Ticker: RLI), a resource for investors and traders seeking the latest updates and insights on RLI stock.
RLI Corp (RLI) is a specialty insurance leader providing niche property & casualty solutions for underserved markets. This news hub aggregates official press releases and verified updates about corporate developments, financial performance, and strategic initiatives.
Investors and industry professionals will find timely information on quarterly earnings, product innovations, and leadership changes, along with analysis of market trends impacting specialty insurance sectors. The curated collection includes updates on casualty underwriting, surety bond offerings, and capital management strategies.
Key content categories cover financial results announcements, acquisition activity, underwriting excellence milestones, and industry recognition. All materials are sourced directly from RLI's corporate communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined access to RLI's evolving story in specialty risk solutions. Regular updates provide insights into how the company maintains its position through expert underwriting and disciplined portfolio management.
RLI Corp. (NYSE: RLI) reported Q1 2025 financial results with net earnings of $63.2 million ($0.68 per share), down from $127.9 million ($1.39 per share) in Q1 2024. Operating earnings were $84.9 million ($0.92 per share) compared to $87.4 million ($0.95 per share) last year.
Key highlights include:
- Underwriting income of $70.5 million with a combined ratio of 82.3
- 5% increase in gross premiums written
- 12% increase in net investment income to $36.7 million
- $27.4 million net increase in underwriting income from favorable prior years' loss reserves
- Book value per share reached $17.48, up 6% from year-end 2024
The company executed a two-for-one stock split on January 15, 2025, and paid a quarterly dividend of $0.15 per share, representing a 3.4% increase. AM Best affirmed the company's A+ (Superior) financial strength rating during the quarter.
RLI Corp. (NYSE: RLI) has scheduled its first quarter 2025 earnings announcement and conference call. The company will release its Q1 2025 financial results after the market closes on Wednesday, April 23, 2025.
A quarterly conference call to discuss the results will be held the following day on Thursday, April 24, 2025, at 10 a.m. CDT. The earnings call will be accessible via webcast through Q4's platform at https://events.q4inc.com/attendee/513071564.
RLI Transportation, a division of RLI Insurance Company (NYSE: RLI), has partnered with TruckerCloud, a technology company specializing in onboard camera and telematics data integration. The collaboration aims to provide a unified telematics insights solution to enhance safety and risk management programs for RLI's commercial transportation customers.
Through this partnership, RLI Transportation will leverage data-driven insights and enhanced risk management tools to help improve insured safety and prevent costly losses. The integration will facilitate easier data sharing for customers while enabling more proactive and personalized safety programs.
RLI Corp. (NYSE: RLI) has announced a 3.4% increase in its first quarter regular cash dividend to $0.15 per share, marking its 50th consecutive year of dividend increases. The dividend will be payable on March 20, 2025, to shareholders of record as of February 28, 2025.
Based on the closing stock price of $74.63, the company's indicated annual dividend of $0.60 represents a dividend yield of 0.80%. CEO Craig Kliethermes emphasized that this milestone demonstrates RLI's commitment to delivering long-term shareholder value and underscores the strength of their business model.
RLI Corp. (NYSE: RLI) received significant recognition from AM Best Company, which affirmed its A+ (Superior) financial strength rating for its insurance subsidiaries: RLI Insurance Company, Mt. Hawley Insurance Company, and Contractors Bonding and Insurance Company. Notably, AM Best revised the outlook to positive from stable and affirmed the Long-Term Issuer Credit Ratings for all RLI entities.
The global credit rating agency highlighted RLI's exceptional performance across key metrics, specifically noting its strongest balance sheet strength, strong operating performance, favorable business profile, and very strong enterprise risk management.
AM Best has revised the outlook for RLI Corp. and its subsidiaries to positive from stable, while affirming their superior Financial Strength Rating (A+) and Long-Term Issuer Credit Ratings. The revision reflects RLI's consistently strong balance sheet fundamentals, prudent capital management, and favorable reserve development trends.
The company's risk-adjusted capitalization remained at the strongest level, with policyholder surplus growing significantly from $1.0 billion in 2019 to $1.8 billion by year-end 2024. RLI demonstrates strong operating performance across extended periods, driven by sound pricing discipline and diversification in specialty markets. The company maintains strong financial flexibility with modest financial leverage and robust fixed-charge coverage.
RLI Corp. (NYSE: RLI) has achieved a significant workplace recognition, securing the 9th position among the top 100 large U.S. companies in Glassdoor's Best Places to Work in 2025. The prestigious Employees' Choice Award is based on voluntary, anonymous feedback from employees through Glassdoor company reviews.
CEO Craig Kliethermes highlighted the company's 60-year legacy of fostering an ownership and innovation culture that enables team members to make meaningful contributions. The recognition particularly acknowledges RLI's associate-owners and their dedication to maintaining a positive workplace environment.
RLI Corp. reported Q4 2024 net earnings of $40.9 million ($0.44 per share), down from $114.6 million ($1.24 per share) in Q4 2023. The company achieved underwriting income of $22.2 million with a combined ratio of 94.4 in Q4 2024.
Key highlights for 2024 include: a 11% increase in gross premiums written exceeding $2 billion, 18% increase in net investment income, and underwriting income of $210.7 million with an 86.2 combined ratio. The company paid a special dividend of $2.00 per share and maintained its 29-year streak of underwriting profitability.
Notable impacts include $93.6 million in hurricane-related losses and $84.1 million favorable development in prior years' loss reserves. Book value per share increased 24% to $16.59. The company executed a two-for-one stock split on January 15, 2025.
RLI Corp. (NYSE: RLI) has announced it will release its fourth quarter 2024 earnings after market close on Wednesday, January 22, 2025. The company will host a quarterly conference call to discuss the results on Thursday, January 23, 2025, at 10 a.m. CST. The earnings call will be webcast through Q4 and will be accessible via their event platform.
RLI Corp (NYSE: RLI) announced a special cash dividend of $4.00 per share totaling approximately $183 million, along with a regular quarterly dividend of $0.29 per share. Both dividends will be paid on December 20, 2024, to shareholders of record as of November 29, 2024. Additionally, the company declared a two-for-one stock split for shareholders of record as of December 31, 2024, effective January 15, 2025, with post-split trading beginning January 16, 2025. The dividends will be paid on pre-split shares.