secwatch.observer — SEC 8-K summary
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Issuer:     RLI CORP (RLI)
CIK:        0000084246
Form:       8-K
Filed at:   2023-10-23T23:59:59+00:00
Accession:  0001558370-23-016626
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RLI Q3 operating EPS $0.61 beats prior year; wildfire losses weigh on underwriting
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- Q3 2023 net earnings $13.5M ($0.29/diluted); operating earnings $28.3M ($0.61/share) up 22% YoY.
- Combined ratio 98.7, underwriting income $4.2M; Hawaiian wildfires added 17 points and $58.2M loss.
- Gross premiums written +11% YoY; net investment income +50% to $32.0M.
- Book value per share $28.47, up 13% (incl. dividends) from year-end 2022.
- Regular quarterly dividend $0.27/share paid Sept 20, unchanged from prior quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/84246/000155837023016626/0001558370-23-016626-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/84246/000155837023016626/rli-20231023x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-016626

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