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RLI RLI

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
NYSE
Website
www.rlicorp.com/
CEO
Jonathan Michael
Employees
Incorporated
Delaware
Location
Illinois
Fiscal year end
Dec 31
Sector
Finance and Insurance > Direct Property and Casualty Insurance Carriers
Industry (SIC)
Fire, Marine & Casualty Insurance
American International • Berkshire Hathaway • Hartford Financial Services • Travelers Companies • Loews • CNA Financial • Allstate Corp (The) • American Financial • Progressive • Everest Re ...
SEC CIK
0000084246
Corporate docs
IRS number
370889946

RLI stock data

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News

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Earnings Scheduled For April 21, 2021
21 Apr 21
Companies Reporting Before The Bell • ASML Holding (NASDAQ:ASML) is likely to report quarterly earnings at $3.02 per share on revenue of $4.60 billion.
Stocks That Hit 52-Week Highs On Friday
12 Mar 21
Before 10 a.m. ET on Friday, 571 companies hit new 52-week highs.
RLI: Q4 Earnings Insights
27 Jan 21
Shares of RLI (NYSE:RLI) were unchanged in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 19.05% over the past year to $0.75, which beat the estimate of $0.65.
RLI Q4 EPS $0.75 Beats $0.65 Estimate
27 Jan 21
Earnings Scheduled For January 27, 2021
27 Jan 21

Press releases

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RLI First Quarter Earnings Release & Teleconference
7 Apr 21
RLI Corp. (NYSE:RLI) – RLI Corp. announced today that it will release its first quarter 2021 earnings after market close on Wednesday, April 21, 2021. The company will hold its quarterly conference call to discuss
RLI Announces Leadership Promotions and Changes
4 Mar 21
RLI Corp. (NYSE:RLI) -- RLI Corp. announced today that it has promoted or named several leaders to new roles. Product Leadership Promotions and Changes Eric Raudins, Vice President, Personal Lines, has been promoted
RLI Declares Regular Dividend
11 Feb 21
RLI Corp. (NYSE:RLI) – RLI Corp. announced today its Board of Directors has declared a first quarter regular cash dividend of $0.24 per share, unchanged from the prior quarter. The dividend is payable on March 19, 2021,
RLI Reports Fourth Quarter and Year-End 2020 Results
27 Jan 21

Calendar

19 Feb 21
21 Apr 21
31 Dec 21

Financial summary

Financial statements Chart RLI financial data
Quarter (USD)
 Dec 20 Sep 20 Jun 20 Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
 Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from RLI earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 62.22M 62.22M 62.22M 62.22M 62.22M 62.22M
Cash burn (monthly) 2.79M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) 10.33M n/a n/a n/a n/a n/a
Cash remaining 51.88M n/a n/a n/a n/a n/a
Runway (months of cash) 18.6 n/a n/a n/a n/a n/a

Beta Read what these cash burn values mean

Recent insider trades

RLI insider ownership history Insider history
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
12 Mar 21 Craig W Kliethermes Common Stock Payment of exercise Dispose F No No 117.25 17,940 2.1M 110,762.14
12 Mar 21 Craig W Kliethermes Common Stock Option exercise Aquire M No No 64.09 24,000 1.54M 128,702.14
12 Mar 21 Craig W Kliethermes Stock Option Common Stock Option exercise Dispose M No No 64.09 24,000 1.54M 6,000
12 Mar 21 Bryant Todd Wayne Common Stock Payment of exercise Dispose F No No 117.25 4,702 551.31K 23,942
12 Mar 21 Bryant Todd Wayne Common Stock Option exercise Aquire M No No 56.71 6,600 374.29K 28,644
12 Mar 21 Bryant Todd Wayne Common Stock Payment of exercise Dispose F No No 117.25 5,382 631.04K 22,044
12 Mar 21 Bryant Todd Wayne Common Stock Option exercise Aquire M No No 64.09 7,200 461.45K 27,426
12 Mar 21 Bryant Todd Wayne Stock Option Common Stock Option exercise Dispose M No No 56.71 6,600 374.29K 4,400
12 Mar 21 Bryant Todd Wayne Stock Option Common Stock Option exercise Dispose M No No 64.09 7,200 461.45K 1,800
10 Mar 21 Jennifer L Klobnak Common Stock Payment of exercise Dispose F No No 114.04 10,134 1.16M 22,848.165
Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

RLI institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

84.1% owned by funds/institutions
13F holders
 Current Prev Q Change
Total holders 265 262 +1.1%
Opened positions 38 35 +8.6%
Closed positions 35 27 +29.6%
Increased positions 82 75 +9.3%
Reduced positions 97 100 -3.0%
13F shares
 Current Prev Q Change
Total value 12.5B 3.18B +292.7%
Total shares 37.96M 38M -0.1%
Total puts 0 10.5K EXIT
Total calls 4.6K 4.5K +2.2%
Total put/call ratio – 2.3 –
Largest owners
 Shares Value Change
STT State Street 4.61M $480.48M -0.9%
BLK Blackrock 4.57M $475.87M +2.2%
Vanguard 4.29M $446.34M +2.2%
Kayne Anderson Rudnick Investment Management 3.02M $314.03M +2.3%
Vaughan David Investments 2.05M $213.69M -0.6%
JPM JPMorgan Chase & Co. 1.88M $195.73M -5.1%
ATAC Neuberger Berman 1.85M $192.31M -1.7%
MKL Markel 1.2M $124.7M 0.0%
Van Berkom & Associates 1.07M $111.19M -0.5%
Dimensional Fund Advisors 936.15K $97.5M -2.7%
Largest transactions
 Shares Bought/sold Change
Norges Bank 414.04K +414.04K NEW
Polar Capital 275K +275K NEW
POLR Polar Capital 0 -255K EXIT
Millennium Management 42.7K -205.52K -82.8%
JPM JPMorgan Chase & Co. 1.88M -100.44K -5.1%
BLK Blackrock 4.57M +100.09K +2.2%
Vanguard 4.29M +91.67K +2.2%
Mountain Road Advisors 0 -73.2K EXIT
ExodusPoint Capital Management 0 -73.01K EXIT
Kayne Anderson Rudnick Investment Management 3.02M +69.15K +2.3%
Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

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Competition
Navigators • Cna • Chubb Limited • Arch Capital • Markel • Aspen • James River • Prosight Global • Kinsale Capital • Puerto Rico
Content analysis
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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
New words: affordable, apparent, appeal, appellate, bespoke, BI, charter, civil, closer, commoditized, COSO, Craig, cultivate, disability, education, emanated, Embedded, enable, enabled, entertainment, entrepreneurial, enviable, evolution, faring, feel, footing, forestalled, goal, grace, greatest, HCCC, heavy, heighten, hourly, immaterial, implicit, Inline, Isolated, landscape, merit, midst, milestone, Montreal, mutual, nonvolatile, outbreak, overturned, pandemic, passenger, permanently, postponement, prolonged, reactive, ready, rebounded, recruiting, reward, role, ROU, salary, sharp, shelve, shutdown, slide, slowdown, solicit, staffing, stakeholder, strive, stronger, sublease, succeed, swift, traditionally, training, treatment, underserved, unrest, unused, upholding, vaccine, workforce, XBRL
Removed: administrative, aforementioned, booking, classifying, commonly, conform, defaulting, delivered, digit, directed, discrete, double, earliest, edition, exempt, exiting, Extremely, Finally, finance, gave, good, independently, interim, irreversible, knowledgeable, leasing, length, logo, lowered, mentioned, modestly, noting, offered, opening, opposed, OTTI, pressure, processing, proposing, Ratification, release, reorganization, reside, reversed, schedule, securely, selective, setting, shrink, simplify, tightening, transition, underperforming
From filing 10-K 2020 FY

Financial reports

View all
10-K
2020 FY
Annual report
19 Feb 21
10-Q
2020 Q3
Quarterly report
23 Oct 20
10-Q
2020 Q2
Quarterly report
24 Jul 20
10-Q
2020 Q1
Quarterly report
28 Apr 20
10-K
2019 FY
Annual report
21 Feb 20
10-Q
2019 Q3
Quarterly report
24 Oct 19
10-Q
2019 Q2
Quarterly report
25 Jul 19
10-Q
2019 Q1
Quarterly report
24 Apr 19
10-K
2018 FY
Annual report
22 Feb 19
10-Q
2018 Q3
Quarterly report
24 Oct 18

Current reports

View all
8-K
Rli Declares Regular Dividend
11 Feb 21
8-K
Conference Call Transcript
1 Feb 21
8-K
Rli Reports Fourth Quarter and Year-end 2020 Results
27 Jan 21
8-K
Rli Announces Ceo Retirement and Succession Plan
17 Nov 20
8-K
Rli Declares Regular & Special Dividends
12 Nov 20
8-K
Conference Call Transcript
23 Oct 20
8-K
Rli Reports Third Quarter 2020 Results
21 Oct 20
8-K
RLI ANNOUNCES THIRD Quarter earnings release & teleconference; ESTIMATES THIRD QUARTER CATASTROPHE LOSSES
29 Sep 20
8-K
Rli Declares Regular Dividend
21 Aug 20
8-K
Conference Call Transcript
24 Jul 20

Registration and prospectus

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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

View all
DEFA14A
Additional proxy soliciting materials
30 Mar 21
DEF 14A
Definitive proxy
24 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
DEF 14A
Definitive proxy
21 Mar 19
DEFA14A
Additional proxy soliciting materials
3 Apr 18

Other

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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

View all
4
RLI / Todd Wayne Bryant ownership change
16 Mar 21
4
RLI / Craig W Kliethermes ownership change
16 Mar 21
4
RLI / Craig W Kliethermes ownership change
12 Mar 21
4
RLI / Jennifer L Klobnak ownership change
12 Mar 21
SC 13G
RLI / STATE STREET ownership change
12 Feb 21
SC 13G
RLI / KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT ownership change
10 Feb 21
SC 13G/A
RLI / VANGUARD ownership change
9 Feb 21
4
RLI / Todd Wayne Bryant ownership change
2 Feb 21
4
RLI / JEFFREY D FICK ownership change
2 Feb 21
4
RLI / JONATHAN E MICHAEL ownership change
2 Feb 21

Transcripts

View all
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
2019 Q4
Earnings call transcript
23 Jan 20
2019 Q3
Earnings call transcript
17 Oct 19
2019 Q2
Earnings call transcript
18 Jul 19
2019 Q1
Earnings call transcript
18 Apr 19
2018 Q4
Earnings call transcript
24 Jan 19
2018 Q3
Earnings call transcript
18 Oct 18

Reddit threads

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