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) will release its second quarter 2022 earnings on July 20, 2022, after market close. A conference call to discuss these results is scheduled for July 21, 2022, at 10 a.m. CDT. Investors can access the webcast via the provided link. RLI is recognized for its specialty insurance services and has maintained a strong track record, paying increased regular dividends for 46 consecutive years and achieving underwriting profits for 26 consecutive years.
RLI Corp. (NYSE: RLI) has announced the promotion of Donald Johnson to Vice President of the Professional Services Group, overseeing Casualty, Captives, and Specialty Package products. He brings 34 years of industry experience. Additionally, Bret Stone joins as Vice President of Data & Analytics, focusing on leveraging data to enhance underwriting and claims operations. Both appointments aim to drive growth and innovation within RLI. The company, a specialty insurer, boasts a strong financial track record, with 47 years of dividend increases and consistent underwriting profits.
RLI Corp. (NYSE: RLI) has announced a cash dividend of $0.26 per share for Q2 2022, representing a $0.01 increase from the previous quarter. This dividend will be payable on June 21, 2022, to shareholders who are on record by May 31, 2022. RLI has consistently increased dividends for 47 consecutive years, with an annual dividend yield of 0.89% based on a $1.04 annual dividend and a closing stock price of $117.35.
RLI Corp. reported first quarter 2022 net earnings of $47.9 million ($1.05 per share), down from $73.0 million ($1.60 per share) in 2021. Operating earnings increased to $65.5 million ($1.43 per share), driven by a 22% increase in gross premiums written and strong underwriting income of $59.5 million with a combined ratio of 77.9. However, a 5% decline in book value to $25.45 per share was noted due to negative portfolio returns. The company announced plans to sell its minority interest in Maui Jim, aiming for approximately $500 million in net proceeds.
RLI Corp. (NYSE: RLI) has announced the sale of its minority interest in Maui Jim, Inc.. This transaction is detailed in a Form 8-K filed today and is accessible on RLI’s website. Selling this stake indicates a strategic move for RLI, potentially reallocating resources to enhance its core operations or investments.
RLI Corp. (NYSE: RLI) has declared a first quarter cash dividend of $0.25 per share, remaining consistent with the previous quarter. This dividend is payable on March 18, 2022, to shareholders on record as of February 28, 2022. RLI has a strong history, increasing dividends for 46 consecutive years and delivering underwriting profits for 26 consecutive years. The company's current dividend yield stands at 1.01%, based on an annual dividend of $1.00 and a closing stock price of $99.24.
RLI Corp. reported strong fourth quarter 2021 results with net earnings of $95.3 million ($2.08 per share), up from $83.8 million ($1.84 per share) in Q4 2020. Operating earnings were $57.7 million ($1.26 per share) versus $34.0 million ($0.75 per share) the previous year. The company achieved a 12% increase in gross premiums written and a favorable underwriting income of $49.7 million, with an 80.7 combined ratio. A special dividend of $2.00 per share was announced, totaling $90.6 million returned to shareholders.
RLI Corp. (NYSE: RLI) will announce its fourth quarter 2021 earnings after market close on January 26, 2022. A conference call to discuss the results is scheduled for January 27, 2022, at 10 a.m. CST, which will be available via webcast. RLI Corp. specializes in niche property, casualty, and surety insurance, with an A+ rating from AM Best. The company has a strong track record, having paid and increased dividends for 46 consecutive years and delivering underwriting profits for 25 consecutive years.
