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RLI RLI Property Insurance — Policyholder Benefits And Claims Incurred Net

Other segment segments

Casualty
$159.69M+13.0%
Surety Insurance
$3.48M-28.3%

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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:PolicyholderBenefitsAndClaimsIncurredNet.

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
Net unrealized gains on equity securities---103,024
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

Item 1.Financial Statements

FAQ

What is RLI's property insurance — policyholder benefits and claims incurred net?
RLI (RLI) reported property insurance — policyholder benefits and claims incurred net of $26.73M in Q2 2026.
How has RLI's property insurance — policyholder benefits and claims incurred net changed year-over-year?
RLI's property insurance — policyholder benefits and claims incurred net decreased by 30.5% year-over-year, from $38.46M to $26.73M.
What is the long-term trend for RLI's property insurance — policyholder benefits and claims incurred net?
Over 3 years (2022 to 2025), RLI's property insurance — policyholder benefits and claims incurred net has grown at a -0.2% compound annual growth rate (CAGR), from $120.75M to $120.15M.
What does property insurance — policyholder benefits and claims incurred net mean?
This captures the total costs associated with claims filed by policyholders, net of any reinsurance recoveries. It is a critical indicator of underwriting discipline and the accuracy of initial risk assessments.

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