NYSE$RLI
Rli Corp · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
RLI reported an increase in net earnings and operating earnings compared to the same quarter last year.
RLI Corp. reported a strong first quarter in 2024, with significant increases in net earnings and operating earnings. Gross premiums written increased by 13%, driven by contributions from all three product segments. The company's underwriting income and investment returns contributed to an 8% increase in book value.
- Underwriting income was $77.7 million with a combined ratio of 78.5.
- Gross premiums written increased by 13%.
- Net investment income increased by 21%.
- Favorable development in prior years’ loss reserves resulted in a $37.4 million net increase in underwriting income.
Headline financials
Revenue & EPS history
Rli · Revenue · Quarterly
$445M
Revenue by segment
Rli · $322M total across 3 segments · Q2 2023
- Casualty$187M—58.0%
- Property$102M—31.6%
- Surety$33.4M—10.4%
Forward guidance
This news release contains forward-looking statements that are subject to certain risk factors as detailed in the company's filings with the Securities and Exchange Commission.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
+0.1%
Avg return
Earnings day
+0.1%
Avg return
5 days after
+2.6%
Avg return
30 days after
48%
33 / 69 earnings
Positive
+14.2%
Q2 2020
Best reaction
-13.6%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.1% | -8.7% | -8.1% | |
| Q4 2025 | -3.0% | -2.9% | +3.1% | |
| Q3 2025 | +2.6% | +2.8% | +7.4% | |
| Q2 2025 | -1.0% | +0.7% | -0.8% | |
| Q1 2025 | -3.7% | -5.1% | -4.1% | |
| Q4 2024 | -8.1% | -6.6% | -4.5% | |
| Q3 2024 | -2.4% | -4.7% | +8.0% | |
| Q2 2024 | +3.1% | +5.4% | +7.4% | |
| Q1 2024 | +4.0% | +2.8% | +5.3% | |
| Q4 2023 | -4.6% | -5.0% | +0.4% | |
| Q3 2023 | +3.2% | -1.7% | +3.7% | |
| Q2 2023 | -2.0% | -1.8% | -5.3% | |
| Q1 2023 | +11.6% | +9.5% | -2.4% | |
| Q4 2022 | -1.7% | -2.1% | -0.9% | |
| Q3 2022 | -0.5% | +8.1% | +15.5% | |
| Q2 2022 | +1.6% | -0.6% | +4.4% | |
| Q1 2022 | +7.2% | +4.0% | +5.7% | |
| Q4 2021 | -0.2% | +1.6% | -1.1% | |
| Q3 2021 | +2.2% | +4.1% | +5.6% | |
| Q2 2021 | -2.6% | +0.0% | +3.3% | |
| Q1 2021 | -0.8% | -0.5% | -6.4% | |
| Q4 2020 | -3.3% | -4.5% | +2.0% | |
| Q3 2020 | +11.0% | +8.4% | +22.0% | |
| Q2 2020 | +14.2% | +8.6% | +11.3% | |
| Q1 2020 | -13.6% | -16.5% | -6.6% | |
| Q4 2019 | -1.1% | +1.2% | -2.5% | |
| Q3 2019 | +5.7% | +8.3% | +7.2% | |
| Q2 2019 | +2.7% | +0.5% | +4.9% | |
| Q1 2019 | +6.4% | +6.9% | +14.4% | |
| Q4 2018 | -3.3% | -4.1% | +4.7% | |
| Q3 2018 | -3.4% | -4.8% | +1.2% | |
| Q2 2018 | +2.2% | +6.3% | +12.9% | |
| Q1 2018 | +0.2% | -0.4% | +4.9% | |
| Q4 2017 | +4.8% | +6.5% | +1.1% | |
| Q3 2017 | +3.5% | +0.3% | +2.5% | |
| Q2 2017 | +5.1% | +5.5% | -0.1% | |
| Q1 2017 | -9.1% | -3.9% | -7.0% | |
| Q4 2016 | +2.3% | -0.2% | -1.3% | |
| Q3 2016 | -12.0% | -14.9% | -7.4% | |
| Q2 2016 | +0.7% | +0.6% | +1.5% | |
| Q1 2016 | -4.8% | — | — | |
| Q4 2015 | +6.2% | — | — | |
| Q3 2015 | +4.8% | — | — | |
| Q2 2015 | +6.5% | — | — | |
| Q1 2015 | -3.4% | — | — | |
| Q4 2014 | -0.4% | — | — | |
| Q3 2014 | -0.5% | — | — | |
| Q2 2014 | -2.1% | — | — | |
| Q1 2014 | +1.2% | — | — | |
| Q4 2013 | -3.1% | — | — | |
| Q3 2013 | +4.0% | — | — | |
| Q2 2013 | +1.8% | — | — | |
| Q1 2013 | -3.4% | — | — | |
| Q4 2012 | +0.9% | — | — | |
| Q3 2012 | +3.7% | — | — | |
| Q2 2012 | -0.3% | — | — | |
| Q1 2012 | +1.0% | — | — | |
| Q4 2011 | -1.6% | — | — | |
| Q3 2011 | -4.8% | — | — | |
| Q2 2011 | -5.6% | — | — | |
| Q1 2010 | +0.5% | — | — | |
| Q1 2011 | +0.7% | — | — | |
| Q4 2008 | +1.1% | — | — | |
| Q4 2010 | +1.1% | — | — | |
| Q3 2010 | -0.2% | — | — | |
| Q3 2009 | -0.2% | — | — | |
| Q2 2010 | -2.7% | — | — | |
| Q4 2009 | -2.7% | — | — | |
| Q2 2009 | -2.7% | — | — |
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