RLI CORP (RLI) Form 8-K — Oct 19, 2026
RLI Corp. reported Q3 2026 net earnings of $81.0 million ($0.88/share), down 35% from $124.6 million ($1.35/share) a year ago, largely due to lower realized gains and unrealized equity losses. Operating earnings rose 4.6% to $79.3 million ($0.86/share vs $0.82), on an 86.2 combined ratio and $58.8 million of underwriting income. Underlying fundamentals stayed solid: gross premiums written grew 2% to $522.2 million, net investment income rose 13% to $46.7 million, and favorable prior-year reserve development added $20.1 million to underwriting income.
Key figures
- Eps
- 0.88
- Revenue
- 476963000
- Guidance
- None provided
- Net Income
- 81009000
- Total Debt
- 297044000
- Revenue Yoy
- -6.3%
- Total Assets
- 6445559000
- Cash Position
- 46212000
- Shares Outstanding
- 91732000
- Repurchases
- 103,573 shares at $60.51 avg for $6.3M; $231.7M capacity remaining
- Operating eps
- 0.86
- Combined ratio
- 86.2
- Operating earnings
- 79257000
- Quarterly dividend
- 0.18
- Book value per share
- 18.49
- Net investment income growth
- 13.1%
- Favorable reserve development
- 20100000
- Gross premiums written growth
- 2%
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