RLI Reports Fourth Quarter and Year-End 2020 Results
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RLI Corp. (RLI) Tops Q4 EPS by 9c
January 27, 2021 4:13 PM ESTRLI Corp. (NYSE: RLI) reported Q4 EPS of $0.75, $0.09 better than the analyst estimate of $0.66.
Highlights for the quarter included:
Underwriting income(1) of $27.0 million on a combined ratio(1) of 88.0.10% increase in gross premiums written.Net favorable development in prior years loss reserves, resulting in a $24.7 million net increase in underwriting income.Special dividend of $1.00 per share,... More