RLI Corp. (RLI)

RLI Corp.'s stock price has experienced a decline of 15.97% over the past six months as of November 2025, and a decrease of 28.45% between November 11, 2024, and November 7, 2025. Recent events include the announcement of a special cash dividend of $2.00 per share and a regular quarterly cash dividend of $0.16 per share on November 13, 2025. Todd Bryant, RLI's CFO, announced his retirement, with Aaron Diefenthaler named as his successor effective January 1, 2026. RLI Transportation announced a partnership with Netradyne to enhance driver safety and fleet performance on November 11, 2025. In October 2025, Cathy Martin was promoted to Vice President, E&S Excess Liability. In the third quarter of 2025, RLI reported earnings of $0.83 per share, surpassing analyst estimates of $0.62. In the second quarter of 2025, RLI demonstrated resilience with a 20% revenue growth and operating earnings per share of $0.84, exceeding the consensus estimate of $0.79. Wealthedge Investment Advisors, LLC disclosed a new $3.32 million position in RLI, acquiring 50,952 shares on November 12, 2025.

While specific statements about overall demand seasonality are not readily available, the property segment can be influenced by seasonal weather patterns, such as hurricane activity. The property segment's combined ratio is seasonally lower in certain quarters, suggesting a predictable pattern in underwriting results related to property insurance. Renewals coming later in the year in the casualty segment implies some cyclicality in the timing of business for certain product lines.

RLI Corp. is a specialty insurance company in the Financial Services sector, specifically Property and Casualty Insurance. Founded in 1965 and headquartered in Peoria, Illinois, it focuses on underwriting select property, casualty, and surety products for niche markets. The company's major products are categorized into casualty, property and surety segments. RLI distributes its products through wholesale and retail brokers, independent agents, carrier partners, and directly to select insureds.

RLI Corp. is headquartered in Peoria, Illinois, and maintains branch offices across the United States. The company operates nationwide, including in the District of Columbia, Puerto Rico, the Virgin Islands, and Guam, and actively explores opportunities to expand its presence in underserved markets and regions.

RLI Corp. maintains a strong brand reputation, being named to the Ward's 50® list of top-performing insurance companies for 35 consecutive years. All of RLI's insurance subsidiaries hold an A+ "Superior" rating from AM Best Company.

RLI Corp.'s ownership is primarily dominated by institutional investors, holding between over 50% to approximately 88.5% of shares outstanding. Major institutional owners include The Vanguard Group, BlackRock, Inc., State Street Corp., Kayne Anderson Rudnick Investment Management Llc, and Markel Corp. Public and retail investors hold around 10% to 12.3% of the shares. Insider ownership is also present, with CEO Jonathan Michael directly holding 2.6% of the total shares outstanding, and individual insiders collectively owning about 3.88%.