RLI Reports Q1 Underwriting Profit with Mixed Business Performance and Investment Challenges
RLI Corp. (NYSE:RLI) reported underwriting profitability in Q1 2026 with a combined ratio of 86 and 3% gross-premium growth, though operating EPS fell to $0.83 due to catastrophe losses and equity-market unrealized losses. Casualty lines grew, but Property premiums declined, and the company faced investment challenges including $39M in unrealized equity losses.
Tickers: $RLI
Topics: AM Best upgrade catastrophe losses combined ratio debt issuance insurance underwriting profit