The earnings call presented a mixed picture with several strong performance metrics, such as the combined ratio and growth in specific segments, but also highlighted challenges with declining net earnings and pressures in the property and casualty segments. While the company is optimistic about navigating these challenges, the balance between highlights and lowlights suggests a cautious outlook.
Company Guidance
During the RLI Corp's first quarter earnings call for 2025, the company reported operating earnings of $0.92 per share, reflecting a solid underwriting performance and a 12% increase in investment income. The combined ratio for the quarter was 82.3%, up from 78.5% in the previous year, primarily due to lower favorable reserve releases and a slight increase in the underlying combined ratio. Total gross premiums written rose by 5%, with specific growth in sectors like marine and Hawaii homeowners. The property segment posted a combined ratio of 57, buoyed by $17.6 million in favorable reserve development, while the casualty segment had a 99 combined ratio. RLI's operating cash flow for Q1 was $103 million, and the company announced a dividend increase to $0.15 per share. Despite competitive pressures, especially from MGAs, RLI remains focused on underwriting discipline and profitability, leveraging its diversified product portfolio to navigate market challenges.
Strong Start to Fiscal Year 2025
RLI reported a combined ratio of 82%, indicating a strong start to the year with continued growth in book value and top-line premiums.
Increase in Operating Earnings
Operating earnings were $0.92 per share, supported by a 12% increase in investment income.
Casualty Segment Growth
Casualty segment premiums grew by 14%, with a 9% rate change overall and a 17% increase in other liability coverages.
Property Segment Performance
The property segment posted a 57 combined ratio with $17.6 million of favorable prior year reserve development.
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RLI (RLI) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RLI Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Apr 23, 2025
$78.07
$75.22
-3.65%
Jan 22, 2025
$77.92
$71.61
-8.10%
Oct 21, 2024
$78.92
$77.48
-1.82%
Jul 22, 2024
$67.86
$69.86
+2.95%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does RLI Corp (RLI) report earnings?
RLI Corp (RLI) is schdueled to report earning on Apr 23, 2025, TBA Not Confirmed.
What is RLI Corp (RLI) earnings time?
RLI Corp (RLI) earnings time is at Apr 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.