RLI Corp. (NYSE: RLI) reported third-quarter 2026 net earnings of $81.0 million, or $0.88 per diluted share, compared with $124.6 million, or $1.35 per diluted share, a year earlier. Consolidated revenue was $477.0 million, down 6.3% from $509.3 million in the prior-year quarter.
Operating earnings, a non-GAAP measure, were $79.3 million, or $0.86 per share, compared with $75.8 million, or $0.82 per share, in the third quarter of 2025.
- Net premiums earned increased 4.2% to $424.9 million.
- Net investment income rose 13.1% to $46.7 million.
- Underwriting income was $58.8 million, with a combined ratio of 86.2.
- Gross premiums written increased 2% to $522.2 million.
- Favorable prior-years reserve development added $20.1 million to underwriting income.
- RLI repurchased 103,573 shares for $6.3 million during the quarter and had $231.7 million remaining under its repurchase authorization at September 30.
$RLI Insider Trading Activity
$RLI insiders have traded $RLI stock on the open market 5 times in the past 6 months. Of those trades, 5 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $RLI stock by insiders over the last 6 months:
- JENNIFER L KLOBNAK (CHIEF OPERATING OFFICER) has made 2 purchases buying 4,000 shares for an estimated $212,280 and 0 sales.
- CLARK C KELLOGG purchased 3,000 shares for an estimated $152,700
- DAVID B. DUCLOS purchased 2,500 shares for an estimated $129,975
- CRAIG W KLIETHERMES (CHIEF EXECUTIVE OFFICER) purchased 2,000 shares for an estimated $104,000
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$RLI Hedge Fund Activity
We have seen 216 institutional investors add shares of $RLI stock to their portfolio, and 191 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARIEL INVESTMENTS, LLC added 1,647,494 shares (+188.9%) to their portfolio in Q2 2026, for an estimated $97,317,470
- BANK OF MONTREAL /CAN/ added 1,204,606 shares (+336.3%) to their portfolio in Q2 2026, for an estimated $71,156,076
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,165,897 shares (+inf%) to their portfolio in Q2 2026, for an estimated $68,869,535
- NEUBERGER BERMAN GROUP LLC added 964,483 shares (+2854.9%) to their portfolio in Q2 2026, for an estimated $56,972,010
- JPMORGAN CHASE & CO added 885,547 shares (+inf%) to their portfolio in Q2 2026, for an estimated $52,309,261
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 594,333 shares (+240.5%) to their portfolio in Q2 2026, for an estimated $35,107,250
- INVESCO LTD. added 567,390 shares (+31.7%) to their portfolio in Q2 2026, for an estimated $33,515,727
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
