NYSE$RLI
Rli Corp · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
RLI Corp reported net earnings for Q3 2023, impacted by Hawaiian wildfires but supported by diversified portfolio and investment income.
RLI Corp. reported a decrease in net earnings for the third quarter of 2023 compared to the previous year, primarily due to losses from Hawaiian wildfires. Despite this, the company's diversified portfolio and growth in investment income contributed to underwriting profitability and an increase in book value per share.
- Underwriting income was $4.2 million with a combined ratio of 98.7.
- Gross premiums written increased by 11%.
- Net investment income increased by 50%.
- Book value per share increased by 13% from year-end 2022, inclusive of dividends.
Headline financials
Revenue & EPS history
Rli · Revenue · Quarterly
$332M
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 is an earnings report, so forward guidance is not applicable.
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 Q3 2023
+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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