AM Best Affirms A+ (Superior) Rating and Revises Outlook to Positive for RLI Corp., RLI Insurance Co., Mt. Hawley Insurance Co. and Contractors Bonding and Insurance Co.
RLI Corp. (
NYSERLI) -- RLI Corp. announced today that its A+ (Superior) financial strength rating (FSR) has been affirmed by AM Best Company for the following insurance subsidiaries: RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company.
AM Best Revises Outlooks to Positive for RLI Corp. and Its Subsidiaries
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of the members of RLI Group (RLI). In addition, AM Best has revised the outlook to positive from stable and affirmed the Long-Term ICR of “a” (Excellent) of RLI’s publicly traded parent holding company, RLI Corp. [NYSE: RLI]. All companies are headquartered in Peoria, IL. (See below for a detailed listing of the companies and ratings.)
RLI Named as One of the Best Places to Work in 2025, a Glassdoor Employees’ Choice Award Winner
RLI Corp. (
NYSERLI) – RLI Corp. announced today that it has been honored with a Glassdoor Employees’ Choice Award, recognizing the Best Places to Work in 2025. RLI is ranked 9th out of the top 100 large U.S. companies that received the award.
RLI Reports Fourth Quarter and Year-End 2024 Results
RLI Corp. (
NYSERLI) – RLI Corp. reported fourth quarter 2024 net earnings of $40.9 million ($0.44 per share), compared to $114.6 million ($1.24 per share) for the fourth quarter of 2023. Operating earnings(1) for the fourth quarter of 2024 were $38.4 million ($0.41 per share), compared to $71.1 million ($0.77 per share) for the same period in 2023.
RLI Fourth Quarter earnings release & teleconference
RLI Corp. (
NYSERLI) – RLI Corp. announced today that it will release its fourth quarter 2024 earnings after market close on Wednesday, January 22, 2025.
RLI Declares Special Dividend and Two-for-One Stock Split
RLI Corp. (
NYSERLI) – RLI Corp. announced today its Board of Directors has declared a special cash dividend of $4.00 per share of common stock, which is expected to total approximately $183 million, and a regular quarterly cash dividend of $0.29 per share. In addition, the board announced a two-for-one stock split.
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RLI Reports Third Quarter 2024 Results
RLI Corp. (
NYSERLI) – RLI Corp. reported third quarter 2024 net earnings of $95.0 million ($2.06 per share), compared to $13.5 million ($0.29 per share) for the third quarter of 2023. Operating earnings(1) for the third quarter of 2024 were $60.4 million ($1.31 per share), compared to $28.3 million ($0.61 per share) for the same period in 2023.
