RLI Corp. reports Q2 operating EPS 84c, consensus 78c

Reports Q2 revenue $499.83M, consensus $445.55M. “RLI delivered solid earnings and continued book value growth in the second quarter,” said RLI Corp. (RLI) President & CEO Craig Kliethermes. “We posted an 85 combined ratio, underscoring our underwriting discipline in a highly competitive market. Investment income increased as we put operating cash flow to work in a favorable interest rate environment. Collectively, these results contributed to a 16% increase in book value since year-end 2024. These achievements reflect the strength of our team and their commitment to driving sustained value and long-term profitable growth.”