Quarterly ResultJul 28, 2026, 07:01 AM
RLI Q2 Operating EPS $0.83, Gross Premiums +3%; Returns $184M to Shareholders
AI Summary
RLI Corp. reported strong second-quarter 2026 financial results, with operating earnings of $0.83 per share and a 3% increase in gross premiums written. The company achieved an 85.6 combined ratio and a 25% return on equity, driven by solid underwriting performance and a 17% rise in net investment income. RLI returned $184 million to shareholders through a special dividend and share repurchases, and authorized a new $250 million buyback program. Management highlighted disciplined underwriting and strong relationships as key to its continued profitable growth.
Key Highlights
- Operating earnings per share: $0.83, up from $0.82 last year.
- GAAP net earnings per share: $1.82, up from $1.34 last year.
- Gross premiums written increased 3% for the quarter.
- Combined ratio: 85.6; Return on equity: 25%.
- Net investment income rose 17% to $46 million.
- Returned $184 million to shareholders via special dividend and buybacks.
- Authorized new $250 million share repurchase program.
- Casualty gross premium up 11%, Property down 6%, Surety down 6%.
Price Impact
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