RLI Corp (N:RLI)

Sector:  Financials Industry:  Property & Casualty Insurance
See Regulatory Filings on SEC
Company Contact
Address: 9025 N Lindbergh Dr
PEORIA IL 61615-1499
Tel: 1-309-6935880
Website: https://www.rlicorp.com
IR: See website
Key People
Business Overview
RLI Corp. is a specialty insurance company. The Company underwrites selected property and casualty insurance through subsidiaries, as well as offers insurance coverages in both the specialty admitted, and excess and surplus markets. It operates through Casualty, Property and Surety segments. Its Casualty segment consists of commercial and personal umbrella, general liability, commercial transportation, professional services, small commercial, executive products, medical professional liability and other casualty businesses. Its property segment consists of commercial property, marine, specialty personal, property reinsurance and crop reinsurance businesses. Its surety segment consists of miscellaneous, commercial, contract and energy businesses. The Company conducts its operations principally through three insurance companies: RLI Insurance Company (RLI Ins.), Mt. Hawley Insurance Company (Mt. Hawley) and Contractors Bonding and Insurance Company (CBIC).
Financial Overview
For the fiscal year ended 31 December 2019, RLI Corp revenues increased 23% to $1B. Net income before extraordinary items increased from $61.9M to $191.6M. Revenues reflect Casualty segment increase of 7% to $558.5M. Net income benefited from Equity in earnings of unconsolidated increase of 31% to $21M (income). Dividend per share increased from $0.86 to $0.90.
Employees: 882 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $3,836M as of Dec 31, 2019
Annual revenue (TTM): $1,004M as of Dec 31, 2019
EBITDA (TTM): $219.76M as of Dec 31, 2019
Net annual income (TTM): $191.64M as of Dec 31, 2019
Free cash flow (TTM): $184.37M as of Dec 31, 2019
Net Debt Last Fiscal Year: $103.10M as of Dec 31, 2019
Shares outstanding: 44,921,193 as of Mar 9, 2020
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization