Company RLI Corp.

Equities

RLI

US7496071074

Property & Casualty Insurance

Market Closed - Nyse 04:00:01 2024-04-25 pm EDT 5-day change 1st Jan Change
146.6 USD -0.76% Intraday chart for RLI Corp. +6.93% +10.12%

Business Summary

RLI Corp. is a specialty insurer serving niche property, casualty, and surety markets. The Company provides underwriting expertise and service to commercial and personal line customers nationwide. The Company’s segment includes Casualty, Property and Surety. The casualty portion of its business consists largely of commercial excess, personal umbrella, general liability, transportation, and management liability coverages, as well as package business and other specialty coverages, such as professional liability and worker’s compensation for office-based professionals. Its Property segment is comprised primarily of commercial fire, hurricane, earthquake, difference in conditions and marine coverages. Its Surety segment specializes in writing small to medium-sized contract surety coverages, including payment and performance bonds. Its products are offered through its insurance subsidiaries, RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company.

Number of employees: 1,099

Sales per Business

USD in Million2022Weight2023Weight Delta
Casualty
58.6 %
712 62.2 % 758 58.6 % +6.53%
Property
31.0 %
308 26.9 % 402 31.0 % +30.42%
Surety
10.4 %
125 10.9 % 134 10.4 % +7.79%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
1,144 100.0 % 1,294 100.0 % +13.10%

Managers

Managers TitleAgeSince
Chief Executive Officer 59 05-12-31
Chairman 70 81-12-31
Director of Finance/CFO 55 92-12-31
Chief Tech/Sci/R&D Officer - 16-12-31
Chief Operating Officer 52 99-12-31
Chief Investment Officer 50 12-01-22
Director/Board Member 75 96-04-30
Public Communications Contact - 09-12-31
Comptroller/Controller/Auditor - 01-12-31
Comptroller/Controller/Auditor - 03-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 73 08-12-31
Director/Board Member 63 03-12-31
Director/Board Member 57 13-12-19
Chief Executive Officer 59 05-12-31
Director/Board Member 73 16-06-30
Chairman 70 81-12-31
Director/Board Member 75 96-04-30
Director/Board Member 66 12-08-15
Director/Board Member 54 18-08-13
Director/Board Member 59 18-08-13

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 68,631,189 43,730,102 ( 63.72 %) 22,930,214 ( 33.41 %) 63.72 %

Shareholders

NameEquities%Valuation
The Vanguard Group, Inc.
9.998 %
4,564,999 9.998 % 678 M $
Vanguard Fiduciary Trust Co.
9.998 %
4,564,999 9.998 % 678 M $
4,339,595 9.504 % 644 M $
SSgA Funds Management, Inc.
9.504 %
4,339,595 9.504 % 644 M $
RLI Corp. Employee Stock Ownership Plan & Trust
8.223 %
3,754,523 8.223 % 557 M $
BlackRock Advisors LLC
7.495 %
3,422,010 7.495 % 508 M $
Kayne Anderson Rudnick Investment Management LLC
5.360 %
2,447,163 5.360 % 363 M $
LB Hercules Holdings LLC
2.968 %
1,354,994 2.968 % 201 M $
1,197,272 2.622 % 178 M $
Eaton Vance Management
2.466 %
1,125,877 2.466 % 167 M $

Company contact information

RLI Corp.

9025 North Lindbergh Drive

61615, Peoria

+309 692 1000

http://www.rlicorp.com
address RLI Corp.(RLI)