---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-046821"
form_type: "8-K"
ticker: "RLI"
cik: "0000084246"
company_name: "RLI CORP"
filed_at: "2026-04-22T23:59:59+00:00"
generated_at: "2026-05-15T04:59:45.455325+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# RLI Corp Q1 net earnings down 13% YoY; AM Best upgrades rating to A++

## Summary
- Net earnings of $54.9M ($0.60 per share) vs $63.2M ($0.68) in Q1 2025; operating earnings of $76.8M ($0.83) vs $82.5M ($0.89).
- Combined ratio of 86.0 (vs 82.3) with underwriting income of $57.8M, including $31.3M favorable reserve development.
- Net investment income rose 15% to $42.3M; book value per share $19.54, up 2% from year-end 2025.
- Gross premiums written up 3%; regular quarterly dividend maintained at $0.16 per share.
- AM Best upgraded insurance subsidiaries' financial strength rating to A++ (Superior) and parent ICR to a+.

## SEC filing metadata
- accession: 0001104659-26-046821
- form_type: 8-K
- ticker: RLI
- cik: 0000084246
- company_name: RLI CORP
- filed_at: 2026-04-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/84246/000110465926046821/0001104659-26-046821-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/84246/000110465926046821/rli-20260422x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-046821
- JSON: https://secwatch.observer/filing/0001104659-26-046821.json
- Plain text: https://secwatch.observer/filing/0001104659-26-046821.txt

## Key facts
- Earnings Releases
  RLI CORP reported first quarter 2026 results: net income $54.9 million, EPS $0.60 per share.
  - Period: first quarter 2026
  - Net income: $54.9 million
  - EPS: $0.60 per share
  - Result: reported results
  source text: RLI Corp. reported first quarter 2026 net earnings of $54.9 million ($0.60 per share), compared to $63.2 million ($0.68 per share) for the first quarter of 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/84246/000110465926046821/0001104659-26-046821-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.