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RLI RLI Deferred policy acquisition costs

Deferred policy acquisition costs at other companies

W.R. Berkley logo
W.R. BerkleyWRB
$1.01B+3.5%
Markel logo
MarkelMKL
$857.25M-10.8%
Kinsale Capital Group logo
Kinsale Capital GroupKNSL
$119.17M+6.1%
Selective Insurance Group logo
Selective Insurance GroupSIGI
$491.21M-0.3%
Axis Capital Holders logo
Axis Capital HoldersAXS
$933.8M+49.1%
Old Republic International logo
Old Republic InternationalORI
$659.1M+18.6%

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:DeferredPolicyAcquisitionCosts.

The official record: RLI’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is RLI's deferred policy acquisition costs?
RLI (RLI) reported deferred policy acquisition costs of $176.19M in Q1 2026.
How has RLI's deferred policy acquisition costs changed year-over-year?
RLI's deferred policy acquisition costs increased by 3.9% year-over-year, from $169.63M to $176.19M.
What is the long-term trend for RLI's deferred policy acquisition costs?
Over 5 years (2020 to 2025), RLI's deferred policy acquisition costs has grown at a 14.3% compound annual growth rate (CAGR), from $88.43M to $172.65M.
What does deferred policy acquisition costs mean?
Costs directly associated with the acquisition of new insurance policies, such as commissions and underwriting expenses, which are capitalized and amortized over the life of the policy. This metric reflects the company's investment in business growth and its ability to manage acquisition efficiency. Tracking these costs helps investors understand the profitability profile of the underwriting book.