Rli CorpRLI

NYSEFinanceFire, Marine & Casualty Insurance
Price (close)
$56.15
Market cap
$5.2B
P/E
11.7x
Revenue (TTM)
$2.0B
Net income
$438.7M
Dividend yield
8.33%
1-year total return
-4.9%
Net margin
22.2%
Revenue growth
8.7%
Debt / equity
0.17x

What Rli Corp does.

RLI Corp. was founded in 1965. References to “the Company,” “we,” “our,” “us” or like terms refer to the business of RLI Corp. and its subsidiaries. We underwrite select property, casualty and surety products through major subsidiaries collectively known as RLI Insurance Group. We conduct operations through three insurance companies. RLI Insurance Company (RLI Ins.), a subsidiary of RLI Corp. and our principal insurance subsidiary, writes multiple lines of insurance on an admitted basis in all 50 states, the District of Columbia, Puerto Rico, the Virgin Islands and Guam. Mt. Hawley Insurance Company (Mt. Hawley), a subsidiary of RLI Ins., writes excess and surplus lines insurance on a non-admitted basis in all 50 states, the District of Columbia, Puerto Rico, the Virgin Islands and Guam. Contractors Bonding and Insurance Company (CBIC), a subsidiary of RLI Ins., writes multiple lines of insurance on an admitted basis in all 50 states and the District of Columbia. Each of our insurance companies is domiciled in Illinois. We have no material foreign operations.

As a specialty insurance company with a niche focus, we offer insurance coverages in the specialty admitted and excess and surplus markets. We distribute our property, casualty and surety products through locations across the country that market to wholesale and retail brokers, independent agents and carrier partners. We offer limited coverages on a direct basis to select insureds, as well as various reinsurance coverages. We also write a limited amount of business under agreements with managing general agents under the direction of our product leadership.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$983.6M$1.2B$1.7B$1.5B$1.8B$1.9B
Net income$157.1M$279.4M$583.4M$304.6M$345.8M$403.3M
Free cash flow$257.5M$376.6M$244.6M$458.3M$555.5M$608.7M

More on RLI.

Figures from Rli Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.