$61.200
+0.129 (+0.21%)Al cierre
Noticias de RLI
Eventos de RLI
RLI Corp Reports Q3 Revenue of $477.0M
Reports Q3 revenue $477.0M, consensus $467.1M. "Our third-quarter results reflect consistent, disciplined execution across the business," said RLI Corp. President & CEO Craig Kliethermes. "We delivered an 86 combined ratio, with strong underwriting performance in our property and surety segments. Gross premiums written increased 2%, led by our casualty segment. Investment income grew 13%, further contributing to earnings. As market conditions evolve across our portfolio, we remain focused on risk selection and profitable growth. We will continue to pursue opportunities where our underwriting expertise can deliver attractive long-term returns."
RLI Corp. Appoints Katie Kappes as Chief Administrative Officer
RLI Corp. announced the promotion of Katie Kappes, VP, human resources to chief administrative officer. She will provide strategic leadership for key corporate support functions, including human resources, branch operations, facilities, print and mail and corporate secretary.
RLI Corp Reports Q2 Revenue of $484.69M
Reports Q2 revenue $484.69M, consensus $461.04M. "We are pleased to report another quarter of premium growth and profitability," said RLI Corp. President & CEO Craig Kliethermes. "Gross premiums written increased 3%, driven by our casualty segment, while strong margins in our property and surety segments contributed to an 86 combined ratio. Net investment income increased 17%, complementing our underwriting results and contributing to an 11% increase in book value per share since year-end 2025, including dividends returned to shareholders. These results reflect our disciplined execution and continued focus on delivering specialized expertise and exceptional service to our customers."
Company Authorizes Share Repurchase Program Up to $250M
The Board authorized a new share repurchase program of up to $250M of the company's outstanding common stock. The company's stock price was one of the factors in the Board's decision to authorize the repurchase program.
RLI Declares Special Cash Dividend of $2.00 per Share
RLI announced that its Board of Directors declared a special cash dividend of $2.00 per share of common stock, which is expected to total approximately $184M, and a regular quarterly cash dividend of $0.18 per share, a 12.5% increase over the prior quarter.
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