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RLI RLI Casualty — Supplementary Insurance Information Deferred Policy Acquisition Costs

Other segment segments

Property Insurance
$45.43M-5.9%
Surety Insurance
$29.91M+2.1%

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Other financials

Income statement

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Revenue$575.6M+15.2%
Net income$168.0M+35.1%
EPS (diluted)$1.82+35.8%

Balance sheet

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Cash & equivalents$32.1M+49.9%
Total debt$318.7M+179%
Total equity$1.8B+1.0%
Total assets$6.4B+7.0%

Cash flow

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Operating cash flow$145.2M-16.9%
CapEx$2.8M+114%
Free cash flow$142.4M-17.9%

Valuation

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Market cap$5.91B-5.4%
Enterprise value$6.19B-2.3%
P/E13.5×-5.8×
P/S-0.4×

Profitability

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Net margin22.2%+4.4pp
FCF margin26.2%-8.1pp

Returns & leverage

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Return on equity25.2%+5.7pp
Debt / equity0.2×+0.1×

Where this comes from

Reported directly by RLI in its filing.

Tagged under the XBRL concept us-gaap:SupplementaryInsuranceInformationDeferredPolicyAcquisitionCosts.

The source filing: RLI’s 10-K, filed February 20, 2026.

Filed
Feb 20, 2026, 12:36 PM EST
Fiscal year
FY2025
Accession
0001104659-26-018013
(in thousands) / Year ended December 31, 2025Deferred policy / acquisition / costsUnpaid losses / and settlement / expenses, grossUnearned / premiums, / grossNet / premiums / earnedIncurred losses / and settlement / expenses / current year
Casualty segment$97,302$2,460,580$604,301$953,981$627,971
Property segment45,433292,081296,180512,404170,434
Surety segment29,913134,15891,155147,96126,528
RLI Insurance Group$172,648$2,886,819$991,636$1,614,346$824,933
Year ended December 31, 2024
Casualty segment$88,616$2,212,648$564,772$852,837$577,368
Property segment48,302337,787328,842531,384231,949
Surety segment29,296143,03590,526142,18525,245

Item 16. Form 10-K Summary

FAQ

What is RLI's casualty — supplementary insurance information deferred policy acquisition costs?
RLI (RLI) reported casualty — supplementary insurance information deferred policy acquisition costs of $97.3M in Q4 2025.
How has RLI's casualty — supplementary insurance information deferred policy acquisition costs changed year-over-year?
RLI's casualty — supplementary insurance information deferred policy acquisition costs increased by 9.8% year-over-year, from $88.62M to $97.3M.
What does casualty — supplementary insurance information deferred policy acquisition costs mean?
The balance of costs directly related to the acquisition of new or renewed insurance contracts that are capitalized and amortized over the life of the policy. This metric reflects the upfront investment in business growth and the expected future revenue stream from the current book of business.

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