RLI Reports First Quarter 2026 Results
RLI Corp reported Q1 2026 net earnings of $54.9 million ($0.60 per share), a decrease from $63.2 million ($0.68 per share) in the prior year, while operating earnings were $76.8 million ($0.83 per share). Underwriting income for the quarter was $57.8 million on an 86.0 combined ratio, aided by $31.3 million in favorable prior-year reserve development. The company received an upgrade to its AM Best financial strength rating to A++ (Superior) and saw net investment income rise 15% to $42.3 million.
Key figures
- Eps
- 0.6
- Revenue Yoy
- 4.0%
- Operating eps
- 0.83
- Combined ratio
- 86
- Book value per share
- 19.54
AI analysis
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