secwatch.observer — SEC 8-K summary
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Issuer:     RLI CORP (RLI)
CIK:        0000084246
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0001558370-24-000472
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RLI Q4 net EPS $2.49; operating EPS $1.54; combined ratio 82.7; special dividend $2.00
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- Q4 net earnings $114.6M ($2.49 per share) vs $97.8M ($2.13) a year ago; operating EPS $1.54 vs $1.53.
- Gross premiums written up 13% in Q4; full-year combined ratio 86.6; underwriting income $173.2M.
- Book value per share $30.97, up 31% from year-end 2022 (incl. dividends); special dividend $2.00/share.
- Net investment income up 14.4% in Q4 to $32.5M; full-year up 40% to $120.4M.
- Favorable prior-year reserve development added $95.3M to 2023 underwriting income, offset by $81.2M wildfire/storm losses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/84246/000155837024000472/0001558370-24-000472-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/84246/000155837024000472/rli-20240124x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-000472

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