RLI Reports Third Quarter 2020 Results

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RLI Corp. (RLI) Tops Q3 EPS by 25c

October 21, 2020 4:12 PM EDT

RLI Corp. (NYSE: RLI) reported Q3 EPS of $0.42, $0.25 better than the analyst estimate of $0.17.

Highlights for the quarter included:

Underwriting income(1) of $1.2 million on a combined ratio(1) of 99.5.9% increase in gross premiums written.Net favorable development in prior years loss... More