secwatch.observer — SEC 8-K summary
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Issuer:     RLI CORP (RLI)
CIK:        0000084246
Form:       8-K
Filed at:   2023-07-24T23:59:59+00:00
Accession:  0001558370-23-012148
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/84246/000155837023012148/0001558370-23-012148-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/84246/000155837023012148/rli-20230724x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-012148

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