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RLI RLI Property Insurance — Deferred Policy Acquisition Cost Amortization Expense

Other segment segments

Casualty
$50.58M+10.5%
Surety Insurance
$12.75M+0.8%

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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:DeferredPolicyAcquisitionCostAmortizationExpense.

The source filing: RLI’s 10-Q, filed July 24, 2026.

Filed
Jul 24, 2026, 12:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-086576
(in thousands)CasualtyPropertySuretyTotal
Consolidated revenue$$256,922$123,786$36,388575,569
Less: Expenses
Losses and settlement expenses$$159,686$26,7253,484
Amortization of deferred acquisition costs50,58024,96712,751
Other policy acquisition costs25,5939,13611,648
Insurance operating expenses19,3219,4593,837
Segment earnings before income taxes$$1,742$53,499$4,66859,909
Depreciation and amortization expense$$1,559$515356

Item 1.Financial Statements

FAQ

What is RLI's property insurance — deferred policy acquisition cost amortization expense?
RLI (RLI) reported property insurance — deferred policy acquisition cost amortization expense of $24.97M in Q2 2026.
How has RLI's property insurance — deferred policy acquisition cost amortization expense changed year-over-year?
RLI's property insurance — deferred policy acquisition cost amortization expense decreased by 6.5% year-over-year, from $26.7M to $24.97M.
What is the long-term trend for RLI's property insurance — deferred policy acquisition cost amortization expense?
Over 3 years (2022 to 2025), RLI's property insurance — deferred policy acquisition cost amortization expense has grown at a 16.2% compound annual growth rate (CAGR), from $67.45M to $105.86M.
What does property insurance — deferred policy acquisition cost amortization expense mean?
This represents the systematic recognition of costs incurred to acquire new insurance policies, such as commissions and underwriting expenses, over the life of the policy. It aligns expenses with the period in which the related premium revenue is earned.

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