RLI Reports Third Quarter 2026 Results
RLI reported Q3 2026 operating earnings of $79.3 million ($0.86/share), up 4.6% from $0.82 a year earlier, on an 86.2 combined ratio. GAAP net earnings fell 35% to $81.0 million ($0.88/share) from $124.6 million, driven by swings in realized and unrealized investment gains, and the company posted a $36.8 million comprehensive loss from rising rates on its fixed income portfolio. Underwriting fundamentals stayed strong: $58.8 million of underwriting income, $20.1 million of favorable prior-year reserve development, gross premiums up 2%, and investment income up 13%; book value rose 10% from year-end 2025.
Key figures
- Eps
- 0.88
- Revenue
- 476963000
- Revenue Yoy
- -6.3%
- Net earnings
- 81009000
- Operating eps
- 0.86
- Combined ratio
- 86.2
- Dividend per share
- 0.18
- Underwriting income
- 58800000
- Investment income yoy
- 13%
- Net investment income
- 46700000
- Book value increase ytd
- 10%
- Net earnings prior year
- 124610000
- Operating eps prior year
- 0.82
- Combined ratio prior year
- 85.1
- Buyback capacity remaining
- 231700000
- Gross premiums written yoy
- 2%
- Favorable reserve development
- 20100000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.