RLI Corp. is a specialty insurer serving niche property, casualty and surety markets. The company provides deep underwriting expertise and superior service to commercial and personal lines customers nationwide. RLI's products are offered through its insurance subsidiaries - RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company. All of RLI's insurance subsidiaries are rated A+ (Superior) by AM Best Company. RLI has paid and increased regular dividends for 45 consecutive years and delivered underwriting profits for 25 consecutive years.

Company profile
Ticker
RLI
Exchange
Website
CEO
Jonathan Michael
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
RLI Insurance Company • Mt. Hawley Insurance Company • RLI Underwriting Services, Inc. • Safe Fleet Insurance Services, Inc. • Data & Staff Service Co. • Contractors Bonding and Insurance Company ...
IRS number
370889946
RLI stock data
Calendar
22 Jul 22
12 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 113.04M | 113.04M | 113.04M | 113.04M | 113.04M | 113.04M |
Cash burn (monthly) | (no burn) | (no burn) | 2.18M | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 3.13M | n/a | n/a | n/a |
Cash remaining | n/a | n/a | 109.92M | n/a | n/a | n/a |
Runway (months of cash) | n/a | n/a | 50.3 | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Aug 22 | Jeffrey D Fick | Stock Option Common Stock | Grant | Acquire A | No | No | 110.56 | 3,750 | 414.6K | 3,750 |
1 Aug 22 | Bryant Todd Wayne | Stock Option Common Stock | Grant | Acquire A | No | No | 110.56 | 8,500 | 939.76K | 8,500 |
29 Jul 22 | Roberts Debbie Sharell | Common Stock | Other | Acquire J | Yes | No | 109.98 | 227.314 | 25K | 7,072.065 |
29 Jul 22 | Fleming Susan S. | Common Stock | Other | Acquire J | Yes | No | 109.98 | 227.314 | 25K | 5,217.26 |
29 Jul 22 | Butler Calvin JR | Common Stock | Other | Acquire J | Yes | No | 109.98 | 119.34 | 13.13K | 10,115.135 |
Institutional ownership, Q1 2022
79.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 300 |
Opened positions | 36 |
Closed positions | 26 |
Increased positions | 96 |
Reduced positions | 102 |
13F shares | Current |
---|---|
Total value | 4.01B |
Total shares | 36.23M |
Total puts | 4.7K |
Total calls | 34.8K |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
STT State Street | 4.72M | $522.52M |
BLK Blackrock | 4.57M | $505.33M |
Vanguard | 4.47M | $494.82M |
Kayne Anderson Rudnick Investment Management | 3.13M | $346.23M |
JPM JPMorgan Chase & Co. | 1.72M | $189.95M |
ATAC Neuberger Berman | 1.68M | $186.08M |
MKL Markel | 1.2M | $132.46M |
Dimensional Fund Advisors | 892.64K | $98.76M |
Geode Capital Management | 713.28K | $78.91M |
Port Capital | 653.47K | $72.29M |
Financial report summary
?Competition
Navigators • Cna • Chubb Limited • Arch Capital • Markel • Tiptree • Aspen • James River • ProSight Global • Kinsale CapitalManagement Discussion
- Net premiums earned for the Group increased 18 percent, driven by growth from our casualty and property segments. Overall market declines resulted in $128.8 million of unrealized losses on equity securities in the first six months of 2022, while positive market performance resulted in $32.1 million of unrealized gains in our equity portfolio in 2021. Investment income was up 10 percent, due to an increased average asset base relative to the prior year. Realized gains during the first six months of 2022 were comprised of $19.2 million of realized gains on equity securities, primarily due to rebalancing within our equity strategies, $0.8 million of realized losses on the fixed income portfolio and less than $0.1 million of other realized loss. This compares to $48.9 million of realized gains on the equity portfolio, $1.5 million of realized gains on the fixed income portfolio and $0.2 million of other realized gains for the same period in 2021.
Content analysis
?Positive | ||
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Readability |
8th grade Avg
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New words:
auto, California, chain, exacerbate, lead, partially, previously, profile, protection, realignment
Removed:
varied
Financial reports
Current reports
8-K
Conference Call Transcript
22 Jul 22
8-K
Rli Reports Second Quarter 2022 Results
20 Jul 22
8-K
Submission of Matters to a Vote of Security Holders
6 May 22
8-K
Rli Increases Regular Dividend for 47TH Consecutive Year
4 May 22
8-K
Conference Call Transcript
22 Apr 22
8-K
Rli Reports First Quarter 2022 Results
20 Apr 22
8-K
Entry into a Material Definitive Agreement
14 Mar 22
8-K
Rli Declares Regular Dividend
15 Feb 22
8-K
Conference Call Transcript
28 Jan 22
8-K
Rli Reports Fourth Quarter and Year-end 2021 Results
26 Jan 22
Registration and prospectus
S-8
Registration of securities for employees
6 May 15
424B5
Prospectus supplement for primary offering
26 Sep 13
424B5
Prospectus supplement for primary offering
24 Sep 13
FWP
Free writing prospectus
24 Sep 13
S-3ASR
Automatic shelf registration
16 Dec 12
S-8
Registration of securities for employees
6 May 10
POS AM
Prospectus update (post-effective amendment)
26 Dec 05
S-8
Registration of securities for employees
30 May 05
S-8
Registration of securities for employees
28 Apr 05
S-8
Registration of securities for employees
27 Jul 04
Proxies
DEFA14A
Additional proxy soliciting materials
24 Mar 22
DEFA14A
Additional proxy soliciting materials
30 Mar 21
DEFA14A
Additional proxy soliciting materials
24 Mar 21
DEFA14A
Additional proxy soliciting materials
23 Apr 20
DEFA14A
Additional proxy soliciting materials
6 Apr 20
DEFA14A
Additional proxy soliciting materials
26 Mar 20
DEF 14A
Definitive proxy
26 Mar 20
PRE 14A
Preliminary proxy
5 Mar 20
Other
UPLOAD
Letter from SEC
19 Feb 13
CORRESP
Correspondence with SEC
5 Feb 13
UPLOAD
Letter from SEC
24 Jan 13
CORRESP
Correspondence with SEC
8 Jan 13
CORRESP
Correspondence with SEC
1 Jan 13
UPLOAD
Letter from SEC
17 Dec 12
UPLOAD
Letter from SEC
12 Dec 10
CORRESP
Correspondence with SEC
17 Oct 10
CORRESP
Correspondence with SEC
7 Oct 10
UPLOAD
Letter from SEC
19 Sep 10
Ownership
4
RLI / Todd Wayne Bryant ownership change
2 Aug 22
4
RLI / JEFFREY D FICK ownership change
2 Aug 22
4
RLI / CALVIN BUTLER JR ownership change
1 Aug 22
4
RLI / Susan S. Fleming ownership change
1 Aug 22
4
RLI / Debbie Sharell Roberts ownership change
1 Aug 22
SC 13G/A
RLI / VANGUARD ownership change
11 Jul 22
4/A
RLI / Seth Anthony Davis ownership change
6 Jul 22
4/A
RLI / Aaron Paul Diefenthaler ownership change
6 Jul 22
4
RLI / Jordan W Graham ownership change
3 Jun 22
4
RLI / Jordan W Graham ownership change
2 Jun 22
Transcripts
2022 Q2
Earnings call transcript
21 Jul 22
2022 Q1
Earnings call transcript
21 Apr 22
2021 Q4
Earnings call transcript
27 Jan 22
2021 Q3
Earnings call transcript
21 Oct 21
2021 Q2
Earnings call transcript
22 Jul 21
2021 Q1
Earnings call transcript
22 Apr 21
2020 Q4
Earnings call transcript
28 Jan 21
2020 Q3
Earnings call transcript
22 Oct 20
2020 Q2
Earnings call transcript
23 Jul 20
2020 Q1
Earnings call transcript
22 Apr 20
Reddit threads
Daily Discussion Thread - July 20th, 2022
20 Jul 22
Daily Discussion Thread - July 19th, 2022
19 Jul 22
Daily Discussion Thread - July 18th, 2022
18 Jul 22
Daily Discussion Thread - May 27th, 2022
27 May 22
Daily Discussion Thread - May 26th, 2022
26 May 22
Daily Discussion Thread - May 25th, 2022
25 May 22
Daily Discussion Thread - May 24th, 2022
24 May 22
Daily Discussion Thread - April 20th, 2022
20 Apr 22
Daily Discussion Thread - April 19th, 2022
19 Apr 22
Daily Discussion Thread - April 18th, 2022
18 Apr 22