8-K ·Filed Jul 28, 2026

RLI

RLI CORP
NEUTRAL
Impact 5/10
Horizonweeks Processed2mo ago SEC0000084246-26-000016
8-K context-dependent: Items 7.01
Actionable Insight • Neutral

The results are in line with expectations and show steady execution. The new $250M buyback adds a capital return lever, but the Property segment's 6% premium decline and rising expense ratio warrant monitoring. Watch for continued competitive pressure in Property and the pace of share repurchases in the coming quarters.

DirectionNeutral
Confidencehigh
Horizonweeks
Latest settled — T+20d
RLI ▼ -0.31% at T+20d
NEUTRAL call ✗ call lost -0.31% · α vs SPY -3.69% · entry $65.10 → $64.90
Next anchor: T+60d in 18d
Latest observation: T+45 -29.81% FF3 residual α
Entry anchored
Jul 27, 03:59 PM ET
via exchange tick
T+1d
+0.84%
call +0.84% · α +2.38%
$65.65
settled 2mo ago
T+5d
-5.85%
call -5.85% · α -8.12%
$61.29
settled 2mo ago
T+20d
-0.31%
call -0.31% · α -3.69%
$64.90
settled 6w ago
T+60d
—
call — · α —
—
in 18d

Price Chart

Loading chart...

Executive Summary

RLI Corp. held its Q2 2026 earnings call, reporting operating EPS of $0.83 (vs. $0.82 last year), an 85.6 combined ratio, and 3% gross premium growth. The company also announced a new $250M share repurchase authorization and paid a $2 special dividend. Results reflect consistent underwriting profitability and higher investment income, though the expense ratio increased and Property premiums declined 6% amid competitive pressures.

Key Facts

  • Q2 2026 operating EPS of $0.83 vs $0.82 in Q2 2025.
  • Combined ratio of 85.6 vs 84.5 in the prior-year quarter.
  • Gross premiums written grew 3%, led by Casualty (+11%).
  • Net investment income increased 17% to $46 million.
  • Board authorized a new $250 million share repurchase program; ~235,000 shares repurchased at avg $51.25 in Q2.
  • Paid a $2.00 special dividend plus regular $0.18 quarterly dividend, returning ~$184 million to shareholders.
  • Property segment premiums declined 6% with a 56.8 combined ratio.
  • Surety premiums down 6% with an 87.2 combined ratio.
  • Book value per share increased 11% from year-end 2025.

Financial Impact

Operating EPS essentially flat YoY ($0.83 vs $0.82). Underwriting income of $59.9M. Net investment income up 17% to $46M. $184M returned to shareholders via dividends and buybacks.

operating_epscombined_ratiogross_premiums_writtennet_investment_incomebook_value_per_share

Risk Factors

  • Property segment premiums declining 6% amid heightened competition and rate decreases.
  • Expense ratio increased 1.5 points to 40.1 due to personnel costs and technology investments.
  • Surety premiums down 6% with headwinds from renewable energy slowdown.
  • Casualty underlying loss ratio increased slightly, reflecting mix shift toward auto-related lines.

Market Snapshot

Exchange
NYSE
Sector
Fire, Marine & Casualty Insurance
Analyst Consensus
31% bullish (13 analysts)

Investment Themes

Traditional Finance

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0000084246-26-000016
Document: 0000084246-26-000016-index.html0000084246-26-000016
Document: 0000084246-26-000016.txt0000084246-26-000016
9 reports for RLI
Performance horizon
100% Hit rate 4 of 4 directional calls best @ T+60▲ +28.18%May 29, 2026
Filters
Rows
Reports for RLI — sortable, filterable
TypeNow
Jul 28, 2026
9w ago
8-K
NEUTRAL ★ 5/10
$65.10 $64.90▼ −0.31%▼ −3.69%$56.18 (−13.70%)
Jun 25, 2026
14w ago
8-K
NEUTRAL ★ 2/10
$57.56 $61.16▲ +6.25%▲ +4.99%$56.18 (−2.40%)
Jun 1, 2026
17w ago
Insider Cluster
BULLISH ★ 5/10
$50.96 $60.66▲ +19.03%▲ +20.60%$56.18 (+10.24%)
May 29, 2026
18w ago
Insider Cluster
BULLISH ★ 5/10
$50.63 $59.07▲ +16.67%▲ +17.97%$56.18 (+10.96%)
May 14, 2026
20w ago
8-K
BULLISH ★ 5/10
$49.88 $54.35▲ +8.96%▲ +9.82%$56.18 (+12.63%)
Apr 28, 2026
22w ago
8-K
MIXED ★ 5/10
$48.98 $49.32▲ +0.68%▼ −5.36%$56.18 (+14.69%)
Apr 22, 2026
23w ago
8-K
BEARISH ★ 7/10
$54.94 $52.64▲ +4.19%▲ +8.82%$56.18 (−2.26%)
Mar 26, 2026
27w ago
DEFA14A
NEUTRAL ★ 3/10
$56.32 $51.45▼ −8.65%▼ −21.39%$56.18 (−0.25%)
Feb 19, 2026
32w ago
Court Ruling
NEUTRAL ★ 1/10
$60.81 $58.09▼ −4.47%▼ −0.87%$56.18 (−7.61%)
Showing 9 of 9

US Market Status

Market Closed — Opens Mon (37h 3m)

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access