RLI CORP

Listed Company

RLICIK 0000084246NYSELarge AcceleratedFire, Marine & Casualty InsuranceDelawareFY ends Dec 31

Period

FY 2025

Revenue

$1.88B

Net Income

$403.34M

Total Assets

$6.16B

Equity

$1.80B

Shares Out

91.94M

Op. Cash Flow

$614.22M

RLI$61.55−12.50% · past yearDBEQ Basic

Daily closing prices

Business

RLI Corp. is a specialty property, casualty and surety insurance underwriter operating through three insurance subsidiaries: RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company. The company offers select coverages in the specialty admitted market, excess and surplus lines market and specialty reinsurance market, including casualty products (commercial excess, transportation, general liability, professional services), property coverages (commercial property, marine, specialty homeowners) and surety bonds. Distribution occurs nationwide through wholesale and retail brokers, independent agents, carrier partners, underwriting agents and direct digital platforms.

Summary from 10-K filed 2026-02-20

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net premiums earned	1,614	1,526	1,294	1,144	981
Net investment income	160	142	120	86	69
Net realized gains	65	20	33	589	64
Net unrealized gains on equity securities	43	82	65	−121	65
Consolidated revenue	1,882	1,770	1,512	1,698	1,179
Losses and settlement expenses	726	739	604	514	—
Policy acquisition costs	508	464	418	370	317
Insurance operating expenses	116	112	98	82	77
Interest expense on debt	5	6	7	8	8
General corporate expenses	17	16	16	13	13
Total expenses	1,373	1,338	1,144	987	872
Equity in earnings of unconsolidated investees	−4	−5	10	10	37
Earnings before income taxes	506	428	377	721	344
Current	90	72	65	187	46
Deferred	13	10	8	−50	19
Income tax expense	103	82	73	137	65
Net earnings	403	346	305	583	279
Other comprehensive earnings (loss), net of tax	86	−7	63	−279	−59
Comprehensive earnings	489	338	367	305	220
Basic net earnings per share	4.39	3.78	3.34	6.43	6.18
Diluted net earnings per share	4.37	3.74	3.31	6.37	6.11
Basic	92	92	91	91	45
Diluted	92	92	92	92	46

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Available-for-sale, at fair value (amortized cost of $3,642,362 and allowance for credit losses of $828 in 2025) (amortized cost of $3,391,159 and allowance for credit losses of $197 in 2024)	3,533	3,176	2,856	2,667	2,410
Equity securities, at fair value (cost - $534,311 in 2025 and $417,897 in 2024)	899	736	590	498	614
Short-term investments, at cost which approximates fair value	121	75	135	36	—
Other invested assets	59	58	59	48	51
Cash	52	40	36	23	89
Total investments and cash	4,664	4,085	3,676	3,272	3,163
Accrued investment income	30	28	24	21	18
Premiums and reinsurance balances receivable, net of allowances for uncollectible amounts of $23,673 in 2025 and $22,932 in 2024	212	231	221	190	167
Ceded unearned premium	125	125	112	138	131
Reinsurance balances recoverable on unpaid losses and settlement expenses, net of allowances for uncollectible amounts of $11,107 in 2025 and $9,580 in 2024	747	755	757	740	608
Deferred policy acquisition costs	173	166	147	128	104
Property and equipment, at cost, net of accumulated depreciation of $84,459 in 2025 and $76,330 in 2024	41	43	47	50	52
Investment in unconsolidated investees	54	56	57	58	171
Goodwill and intangibles	54	54	54	54	54
Income taxes-deferred	—	8	16	40	—
Other assets	64	78	69	76	41
TOTAL ASSETS	6,161	5,629	5,180	4,767	4,508
Unpaid losses and settlement expenses	2,900	2,693	2,446	2,316	2,044
Unearned premiums	992	984	892	785	680
Reinsurance balances payable	41	45	72	61	43
Funds held	127	97	101	101	90
Income taxes-current	30	749,000	4	—	—
Income taxes-deferred	22	—	—	—	84
Short-term debt	100	100	100	—	—
Accrued expenses	129	124	109	95	98
Other liabilities	57	62	43	32	41
TOTAL LIABILITIES	4,383	4,107	3,767	3,590	3,279
Common stock ($0.01 par value) (Shares authorized - 400,000,000) (137,739,079 shares issued and 91,878,651 shares outstanding in 2025) (137,598,560 shares issued and 91,738,132 shares outstanding in 2024)	1	1	1	684,000	682,000
Paid-in capital	377	368	362	352	344
Accumulated other comprehensive earnings	−88	−174	−166	−229	50
Retained earnings	1,881	1,720	1,610	1,446	1,228
Deferred compensation	14	13	14	12	10
Treasury stock, at cost (45,860,428 shares in 2025 and 2024)	−407	−406	−407	−405	−403
TOTAL SHAREHOLDERS' EQUITY	1,800	1,522	1,414	1,177	1,229
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	6,161	5,629	5,180	4,767	4,508

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net earnings	403	346	305	583	279
Depreciation	8	8	9	8	7
Other items, net	16	14	25	−20	14
Accrued investment income	−2	−4	−3	−4	−1
Premiums and reinsurance balances receivable (net of direct write-offs)	18	−9	−32	−22	7
Reinsurance balances payable	−4	−27	10	18	586,000
Funds held	30	−4	302,000	11	8
Ceded unearned premiums	286,000	−13	26	−8	−17
Reinsurance balances recoverable on unpaid losses and settlement expenses	9	2	−17	−132	−164
Deferred policy acquisition costs	−6	−20	−19	−24	−15
Accrued expenses	4	15	14	−3	22
Unpaid losses and settlement expenses	193	247	130	272	294
Unearned premiums	7	92	107	105	94
Current income taxes payable	29	−3	7	−7	4
Dividends received	—	3	—	—	—
Net cash provided by operating activities	614	560	464	250	385
Fixed income securities, available-for-sale	−1,278	−812	−662	−2,053	−734
Equity securities	−172	−98	−56	−45	−141
Property and equipment	−6	−5	−6	−6	−8
Other	−5	−11	−11	−6	−11
Fixed income securities, available-for-sale	561	150	50	53	64
Equity securities	116	65	52	62	180
Equity method investee	3	—	14	687	—
Property and equipment	—	13,000	27,000	375,000	—
Other	6	6	817,000	3	8
Fixed income, available-for-sale	458	326	504	1,394	377
Net sale (purchase) of short-term investments	−46	60	−99	−36	—
Net cash used in investing activities	−362	−319	−212	49	−275
Proceeds from issuance of debt	50	73	100	—	50
Repayment of debt	−50	−73	−200	—	—
Proceeds from stock option exercises	1	−2	1	−465,000	2
Cash dividends paid	−242	−236	−140	−365	−135
Net cash used in financing activities	−240	−238	−239	−365	−83
Net increase (decrease) in cash	12	3	14	−66	27

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro

Frequently asked questions

What is RLI CORP's CIK number?

RLI CORP's SEC CIK number is 0000084246 (84246). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find RLI CORP's SEC filings?

All of RLI CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did RLI CORP last report earnings?

RLI CORP (RLI) most recently filed an earnings 8-K with the SEC on Apr 22, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001104659-26-046821). This is RLI CORP's most recent earnings filing of record — not a forecast of its next earnings date.

What is RLI CORP's most recent earnings 8-K?

RLI CORP's latest earnings 8-K (Item 2.02) was filed Apr 22, 2026 under accession 0001104659-26-046821. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View RLI CORP's latest earnings 8-K →
Look up any company's CIK number →