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RLI RLI Change in deferred policy acquisition costs

Change in deferred policy acquisition costs at other companies

W.R. Berkley logo
W.R. BerkleyWRB
$10.38M-61.3%
Markel logo
MarkelMKL
$5.52M+144%
Kinsale Capital Group logo
Kinsale Capital GroupKNSL
$2.37M-54.6%
Selective Insurance Group logo
Selective Insurance GroupSIGI
-$1.06M-108%
Axis Capital Holders logo
Axis Capital HoldersAXS
$132.92M+28.4%
Old Republic International logo
Old Republic InternationalORI
$22.8M-6.6%

Other financials

Income statement

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Revenue$423.9M+4.0%
Net income$54.9M-13.2%
EPS (diluted)$0.60-11.8%

Balance sheet

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Cash & equivalents$49.1M+81.5%
Total debt$364.4M+218%
Total equity$1.8B+12.0%
Total assets$6.4B+11.7%

Cash flow

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Operating cash flow$42.8M-58.6%
CapEx$1.1M+0.9%
Free cash flow$41.8M-59.2%

Valuation

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Market cap$4.88B-28.9%
Enterprise value$5.2B-25.5%
P/E12.4×-12.1×
P/S2.6×-1.4×

Profitability

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Net margin20.8%+4.6pp
FCF margin28.9%-5.1pp

Returns & leverage

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Return on equity23.2%+5.2pp
Debt / equity0.2×+0.1×

Where this comes from

Reported directly by RLI in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInDeferredPolicyAcquisitionCosts.

The official record: RLI’s 10-K, filed February 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is RLI's change in deferred policy acquisition costs?
RLI (RLI) reported change in deferred policy acquisition costs of $1.61M in Q4 2025.
How has RLI's change in deferred policy acquisition costs changed year-over-year?
RLI's change in deferred policy acquisition costs decreased by 67.3% year-over-year, from $4.91M to $1.61M.
What is the long-term trend for RLI's change in deferred policy acquisition costs?
Over 4 years (2021 to 2025), RLI's change in deferred policy acquisition costs has grown at a -19.2% compound annual growth rate (CAGR), from $15.13M to $6.43M.
What does change in deferred policy acquisition costs mean?
This metric tracks the change in costs directly associated with acquiring new insurance policies, such as commissions and underwriting expenses, which are capitalized and amortized over the life of the policy. It reflects the company's investment in business growth and the timing of expense recognition. Changes in this balance are essential for understanding the underlying profitability of new business written during the period.