RLI Corp.


SKU: RLI Category:


RLI Corp.: Initiation of Coverage – A Tale Of Enhanced Digital Capabilities and Operational Efficiency!


RLI Corp. commenced the year positively, reflecting double-digit growth and underwriting profitability across all segments. The company reported first-quarter operating earnings of $1.89 per share, driven by robust underwriting performance and a 21% increase in investment income. Additionally, net earnings per share stood at $2.77, benefitting from realized and unrealized gains in the investment portfolio. Financial highlights included a combined ratio of 78.5, a slight decline compared to the previous year’s 77.9, with storm losses notably higher in the recent quarter. Property segment storm losses added significantly to the loss ratio but were balanced by favorable loss emergence from prior years across all segments, including casualty and surety. The expense ratio saw a decrease, benefitting from increased revenue particularly in the property segment. Investment activities contributed positively, with a total investment return of 1.8% for the quarter.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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