Recent Updates — RLI

RLI Corp. reported third-quarter operating earnings of $0.86 per share, an increase from $0.82 in the prior-year period, driven by a disciplined underwriting performance that yielded an 86.2 overall combined ratio. Gross premiums written grew 2%, while net investment income rose 13% to $46.7 million. Underwriting income totaled $58.8 million, supported by $22.9 million in favorable prior-year reserve development. GAAP net earnings were $0.88 per share, compared to $1.35 last year, primarily due to lower unrealized gains on equity securities. The company also announced a regular quarterly dividend of $0.18 per share and repurchased approximately 104,000 shares during the quarter. RLI Corp. operates in the specialty insurance industry, providing niche property, casualty, and surety products.

RLI Corp. reported third quarter 2026 net earnings of $81.0 million, or $0.88 per diluted share, compared to $124.6 million, or $1.35 per share, in the same period last year. Operating earnings were $79.3 million ($0.86 per share), up from $75.8 million ($0.82 per share). Underwriting income was $58.8 million on an 86.2 combined ratio, driven by a $20.1 million net favorable development in prior years' loss reserves. Gross premiums written increased 2% and net investment income rose 13%. The company also repurchased approximately $6.3 million of shares during the quarter.

RLI Corp. announced that its Board of Directors approved a regular quarterly cash dividend of $0.18 per share on August 13, 2026. This amount is unchanged from the prior quarter and represents the third-quarter distribution. The dividend is payable on September 15, 2026, to shareholders of record as of August 31, 2026. Based on a closing stock price of $62.93, the indicated annual dividend yield is 1.14%. RLI Corp. operates in the specialty insurance industry, serving niche property, casualty, and surety markets.

RLI Corp. reported second quarter 2026 results, including operating earnings of $0.83 per share and GAAP net earnings of $1.82 per share. The company achieved an 85.6% combined ratio and 3% gross premium growth. Key drivers included a 17% increase in net investment income and $103 million in unrealized gains on equity securities. Management announced a $2.00 per share special dividend and a newly authorized $250 million share repurchase program. The company also repurchased approximately 235,000 shares during the quarter. RLI Corp. is a specialty property and casualty insurance company.

RLI Corp. reported second quarter 2026 net earnings of $168.0 million ($1.82 per share), compared to $124.3 million ($1.34 per share) in 2025. The company paid a special cash dividend of $2.00 per share on June 12, 2026, and a regular quarterly dividend of $0.18 per share. Additionally, the Board authorized a $250.0 million share repurchase program, repurchasing $12.0 million of common stock during the quarter. RLI is a specialty insurer serving niche property, casualty and surety markets.

RLI Corp. appointed James H. Bradshaw to its Board of Directors, effective July 15, 2026. Bradshaw, the current Chairman of Gallagher Re North America, will serve on the Audit and Finance & Risk Committees. His term expires at the next annual shareholders' meeting in May 2027, where he will stand for re-election. RLI Corp. is a specialty insurer serving niche property, casualty, and surety markets.