RLI Corp (RLI)
NYSE:RLI
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Earnings Data
Report Date
Jul 27, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.7Last Year’s EPS
0.84Same Quarter Last Year
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a mix of encouraging operating and underwriting results alongside notable near-term headwinds. Highlights include an 86% combined ratio, underwriting income of $58 million, 10% casualty growth with rate increases, a 15% rise in net investment income, a successful $300 million long-term debt issuance, and an AM Best upgrade to A++. Offsetting these positives were lower operating and GAAP EPS, $39 million of unrealized equity losses, a $60 million decline in operating cash flow, catastrophe losses (~$16 million), and continued pressure in property and certain E&S markets. Management emphasized disciplined underwriting, selective growth, and continued investment in analytics and talent. Overall the company appears financially strong and well-positioned, but near-term volatility and market softening in some lines are being carefully managed.Company Guidance
Strong Underwriting Performance and Combined Ratio
Generated an 86% combined ratio for the quarter and reported underwriting income of $58 million, supported by favorable prior-year reserve development of $35.5 million.
Premium Growth Driven by Casualty
Total gross premiums grew 3% year-over-year, led by casualty which grew 10% (with personal umbrella up 23% and transportation up 27%). Casualty rates were up 10% for the quarter.
Investment Income Contribution
Net investment income increased 15% and fixed-income purchases averaged a 4.8% yield (about 50 basis points above book yield), making investment income a meaningful contributor to results.
Segment-Level Outperformance (Property & Marine)
Property produced a 62% combined ratio aided by $20.6 million of favorable prior-year development (a ~16-point benefit to the segment loss ratio). Marine delivered its largest premium quarter ever (~$47 million, +4%).
Transportation Operational Strength
Transportation premium grew 27%, auto liability renewal rate increases of ~15%, submissions up 15%, and new claim counts down 14%, reflecting effective loss control and selective underwriting.
Capital and Balance Sheet Actions
Raised $300 million of 10-year long-term debt at a 5.38% coupon, resized revolver to $150 million, and returned leverage profile toward historic average while maintaining liquidity.
AM Best Upgrade and Book Value Increase
AM Best upgraded RLI to A++ (top category). Comprehensive earnings and dividends drove book value per share up ~2% from year-end 2025 (comprehensive EPS noted at $0.32).
Disciplined Underwriting Culture and Tech Adoption
Management emphasized underwriting discipline, selective growth, and productive AI/data & analytics investments that are improving decision-making, efficiency, and producer engagement.
RLI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RLI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2026 | $54.94 | $52.81 | -3.88% |
Jan 22, 2026 | $57.10 | $56.82 | -0.49% |
Oct 21, 2025 | $59.08 | $59.27 | +0.33% |
Jul 22, 2025 | $66.97 | $66.50 | -0.70% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does RLI Corp (RLI) report earnings?
RLI Corp (RLI) is schdueled to report earning on Jul 27, 2026, After Close (Confirmed).
What is RLI Corp (RLI) earnings time?
RLI Corp (RLI) earnings time is at Jul 27, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RLI EPS forecast?
RLI EPS forecast for the fiscal quarter 2026 (Q2) is 0.7.