secwatch.observer — SEC 8-K summary
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Issuer:     RLI CORP (RLI)
CIK:        0000084246
Form:       8-K
Filed at:   2026-04-22T23:59:59+00:00
Accession:  0001104659-26-046821
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/84246/000110465926046821/0001104659-26-046821-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/84246/000110465926046821/rli-20260422x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-046821

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