RLI Corporation Reports Q3 2026 Financial Results
RLI Corporation reported third-quarter earnings for fiscal year 2026, with GAAP net earnings per share of $0.88 compared to $1.35 in the prior-year period, primarily due to changes in equity securities valuation. Operating EPS rose by 4.9% to $0.86 from $0.82 a year ago, driven by strong underwriting performance and higher investment income. Gross premiums written reached $522.2 million, up 2% year-over-year led by the Casualty segment. The company's consolidated combined ratio was 86.2%, slightly above last year’s 85.1%. The loss ratio increased to 47.4% from 46.1%, while expense ratios improved modestly. Underwriting income totaled $58.8 million, supported by favorable development on prior-year reserves of $22.9 million. Catastrophe losses were minimal at $3.8 million. RLI’s investment portfolio saw a rise in net investment income to $46.7 million due to higher yields from new fixed-income purchases. The company repurchased 103,573 shares for $6.3 million and reported total investments of $4.9 billion.
Tickers: $RLI
Topics: earnings financial performance insurance
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