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RLI RLI Property Insurance — Ceded Premiums Earned

Other segment segments

Casualty
$197.74M+8.5%
Surety Insurance
$14.1M-2.1%

Similar metrics at other companies

NOD
NODKNet Premium Earned — Ceded Premiums Earned
$8.71M-14.9%
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ALLProperty and casualty insurance premiums — Ceded Premiums Earned
$689M+13.3%
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EGTotal property and liability insurance premiums earned — Ceded Premiums Earned
$607.25M+8.1%
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MCYProperty & Casualty — Ceded Premiums Earned
$62.67M-41.3%
Assurant logo
AIZProperty and liability insurance — Ceded Premiums Earned
$2.23B+1.2%
MetLife logo
METProperty and casualty insurance — Ceded Premiums Earned
$0

Other financials

Income statement

See full
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:CededPremiumsEarned.

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)Direct / amountCeded to / other / companiesAssumed / from other / companiesNet / amountPercentage / of amount / assumed / to net
2025
Casualty segment$1,127,384$197,743$24,340$953,9812.6%
Property segment705,053193,165516512,4040.1%
Surety segment161,54314,095513147,9610.3%
RLI Insurance Group premiums earned$1,993,980$405,003$25,369$1,614,3461.6%
2024
Casualty segment$1,009,937$182,226$25,126$852,8372.9%
Property segment729,018198,206572531,3840.1%

Item 16. Form 10-K Summary

FAQ

What is RLI's property insurance — ceded premiums earned?
RLI (RLI) reported property insurance — ceded premiums earned of $48.29M in Q4 2025.
How has RLI's property insurance — ceded premiums earned changed year-over-year?
RLI's property insurance — ceded premiums earned decreased by 2.5% year-over-year, from $49.55M to $48.29M.
What is the long-term trend for RLI's property insurance — ceded premiums earned?
Over 4 years (2021 to 2025), RLI's property insurance — ceded premiums earned has grown at a 25.0% compound annual growth rate (CAGR), from $79.09M to $193.17M.
What does property insurance — ceded premiums earned mean?
This represents the portion of premiums that the company has transferred to reinsurers in exchange for risk protection. It indicates the company's strategy regarding risk retention versus risk transfer to manage capital volatility. A higher value suggests a more conservative approach to underwriting, where the company offloads significant exposure to third-party reinsurers.

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