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Companies / Financials / RLI Corp.
RLI

RLI Corp.

FinancialsProperty & Casualty Insurance
Ticker RLIPEORIA, ILFiscal year ends DecemberBook value per share $18.38Diluted shares 92.3M

RLI Corp. (NYSE: RLI) is a specialty insurer that underwrites property, casualty and surety products through three insurance subsidiaries, serving customers across the United States through brokers, independent agents, carrier partners, underwriting agents and digital platforms. Its operations comprise casualty,… From the company’s description.

In fiscal 2025, RLI Corp. reported revenue of $1.88B, up 6.3% from fiscal 2024, and net income of $403.34M. Its operating margin was 21.6%, and operations generated $614.22M in cash. Over the twelve months to Sep 30, 2026, revenue was $1.94B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$1.88BFY2025
+6.3% year over year
Last 12 mo $1.94B
21.62%FY2025
+2.6 percentage points
Last 12 mo 21.01%
$403.34MFY2025
+16.6% year over year
22.68%FY2025
No change, year over year
Last 12 mo 23.29%
Cash & financing
$614.22MFY2025
+9.6% year over year
Last 12 mo $539.48M
$608.70MFY2025
+9.6% year over year
Last 12 mo $531.54M
0.06FY2025
Was 0.07× a year earlier
Last 12 mo 0.18
92.4MFY2025
−0.1% year over year
Last 12 mo 92.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What RLI Corp. does

In the company’s own words

RLI Corp. (NYSE: RLI) is a specialty insurer that underwrites property, casualty and surety products through three insurance subsidiaries, serving customers across the United States through brokers, independent agents, carrier partners, underwriting agents and digital platforms. Its operations comprise casualty, property and surety segments, which generated 60%, 31% and 9% of net premiums earned, respectively, in 2025. Casualty products include commercial excess and personal umbrella, transportation, general and professional liability, small commercial and executive coverages; property offerings include commercial property, marine and specialized homeowners’ insurance; and surety products include transactional, commercial and contract bonds. RLI also provides specialty reinsurance and limited direct coverage. Founded in 1965, the company operates primarily in the United States through RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company. RLI employed 1,193 associates as of December 31, 2025, and its net premiums earned totaled $1.6 billion for the year. Its website is http://www.rlicorp.com.

Company details
Sector
Financials
Industry (SIC)
Property & Casualty Insurance
Headquarters
PEORIA, IL
Fiscal year end
December
CIK
84246
SIC
6331

Financial performance, year by year

Fiscal 2013–2025 · USD
$-194.21M$388.42M$971.05M$1.55B$2.14B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns RLI Corp. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

336
funds hold it
1 of 35
superinvestors hold it
$1.91B
held by funds, at market
36.7%
of shares held by funds
1
bond issues held by funds

Superinvestors in RLI Corp. · what they did last quarter

Tom GaynerUNCHANGED
Markel Group (Markel-Gayner)
1.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · RLI Corp.’s weight in each

iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.15%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.07%of fund net assets
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.12%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.06%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

RLI Corp.’s bonds, as funds hold them

Funds report holding 1 issues of RLI Corp.’s debt, $69.45M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.38%, maturing 2036 to 2036.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do RLI Corp. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of RLI Corp.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in RLI Corp.'s last four quarterly filings that the numbers alone won't show?”
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