secwatch.observer — SEC 8-K summary
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Issuer:     RLI CORP (RLI)
CIK:        0000084246
Form:       8-K
Filed at:   2026-01-21T23:59:59+00:00
Accession:  0001104659-26-005370
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RLI Q4 net earnings $0.99 (from $0.44); FY operating EPS $3.47; book value up 33% to $19.35
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- Q4 net earnings $91.2M ($0.99/sh) more than doubled from $40.9M ($0.44) YoY; operating earnings $86.4M ($0.94/sh).
- Full-year net earnings $4.37/sh vs $3.74; operating earnings $3.47/sh vs $2.91.
- Underwriting income $264.2M at 83.6 combined ratio; 30th straight year of underwriting profit; reserve development $87.4M.
- Special dividend of $2.00/sh paid Dec 19 ($183.7M); book value $19.35, up 33% from year-end 2024.
- Net investment income Q4 $42.3M (+9% YoY); full-year $159.7M (+12%); gross premiums written -2% Q4, +1% FY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/84246/000110465926005370/0001104659-26-005370-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/84246/000110465926005370/rli-20260121x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-005370

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