News
RLI Reports First Quarter 2018 Results
RLI Corp.– RLI Corp. reported first quarter 2018 net earnings of $12.2 million, compared to $19.8 million for the first quarter of 2017. Underwriting income of $17.5 million, resulting in a combined ratio of 90.8. 11% increase in gross premiums written and 9% increase in investment income. Favorable development in prior years’ loss reserves resulting in a $12.5...
RLI Corp.– RLI Corp. reported first quarter 2018 net earnings of $12.2 million, compared to $19.8 million for the first quarter of 2017. Underwriting income of $17.5 million, resulting in a combined ratio of 90.8. 11% increase in gross premiums written and 9% increase in investment income. Favorable development in prior years’ loss reserves resulting in a $12.5...