RLI Reports Second Quarter 2021 Results

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RLI Corp. (RLI) Tops Q2 EPS by 34c

July 21, 2021 4:10 PM EDT

RLI Corp. (NYSE: RLI) reported Q2 EPS of $1.09, $0.34 better than the analyst estimate of $0.75.

Underwriting income(1) of $36.6 million on a combined ratio(1) of 84.8.25% increase in gross premiums written.Favorable development in prior years loss reserves, resulting in a $27.5 million net increase in underwriting... More