RLI Corp ( (RLI) ) has released its Q2 earnings. Here is a breakdown of the information RLI Corp presented to its investors.
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RLI Corp. is a specialty insurer that operates in niche property, casualty, and surety markets, providing expert underwriting and superior service through its subsidiaries. The company is recognized for its strong financial performance and has consistently paid dividends for 50 years.
In its second quarter of 2025, RLI Corp. reported a notable increase in net earnings, reaching $124.3 million, up from $82.0 million in the same quarter of the previous year. However, operating earnings saw a slight decline from $79.3 million to $78.1 million. The company also executed a two-for-one stock split earlier in the year.
Key financial highlights include a 16% increase in net investment income and a 16% rise in book value per share since the end of 2024. Underwriting income for the quarter was $62.2 million, with a combined ratio of 84.5. The company benefited from favorable development in prior years’ loss reserves, contributing to a $24.4 million increase in underwriting income.
Despite a competitive market, RLI Corp. maintained its underwriting discipline, achieving an 85 combined ratio. The company also saw comprehensive earnings of $143.0 million, driven by after-tax unrealized gains from its fixed income portfolio.
Looking ahead, RLI Corp. remains focused on sustaining value and long-term profitable growth, leveraging its strong team and strategic investments to navigate the competitive insurance landscape.