AI brief of an SEC Form 8-K · RLI (RLI)

RLI Q2 net earnings rise to $82.0 million, $1.78 per share; combined ratio 81.5

Positive Impact 3 of 5 earnings Written later

RLI Corp. reported second quarter 2024 net earnings of $82.0 million ($1.78 per share), up from $77.7 million ($1.69 per share) a year earlier. Operating earnings rose to $79.3 million ($1.72 per share) from $53.3 million ($1.16 per share), and underwriting income reached $70.0 million on an 81.5 combined ratio, compared with 87.2 in the second quarter of 2023, which points to stronger profitability for shareholders.

Key points

  • Net earnings $82.0 million ($1.78 per share) vs. $77.7 million ($1.69 per share) in Q2 2023
  • Operating earnings $79.3 million ($1.72 per share) vs. $53.3 million ($1.16 per share) in Q2 2023
  • Underwriting income $70.0 million on an 81.5 combined ratio, vs. $41.2 million on an 87.2 combined ratio in Q2 2023
  • Gross premiums written up 11%; net investment income up 18% to $34.0 million

The filing

CompanyRLI (RLI)
Form8-K, current report
Filed with the SECJul 22, 2024, 4:22 PM ET
Accession number0001558370-24-009943

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 22, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.