RLI Q2 net earnings $1.69/share vs -$0.05; operating EPS falls to $1.16 from $1.34

RLI CORP

2023-Q2 EPS reported $3.83 revenue$746,785,000

Net earnings $77.7M ($1.69/share) vs net loss $2.2M (-$0.05) in Q2 2022.
Operating earnings $53.3M ($1.16/share) down from $60.7M ($1.34) a year ago.
Underwriting income $41.2M with combined ratio 87.2 vs $56.0M and 80.2 in 2022.
Gross premiums written up 21%; net investment income up 56% to $28.8M.
Book value per share $29.65, up 17% from year-end; dividend raised $0.01 to $0.27.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

RLI CORP reported second quarter of 2023 results: net income $77.7 million, EPS $1.69 per share.

Period: second quarter of 2023
Net income: $77.7 million
EPS: $1.69 per share
Result: reported results

Exact text from the filing

RLI Corp. reported second quarter 2023 net earnings of $77.7 million ($1.69 per share), compared to a net loss of $2.2 million ($0.05 per share) for the second quarter of 2022.

View on SEC.gov

Browse all earnings releases →

RLI CORP filing history →

Source: SEC EDGAR

accession 0001558370-23-012148

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.