RLI Q2 FY26 net earnings per share rise 35.8% to $1.82 - RLI News | RalliesRLI Q2 FY26 net earnings per share rise 35.8% to $1.82
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RLI• Premium growth and capital returns
- Net premiums earned increased 3.8% to USD 417.1 million, led by casualty up 9.5% to USD 256.9 million despite property down 5.3% to USD 123.8 million.
- Book value per share climbed 11% from year-end 2025 to USD 19.09.
- RLI paid a USD 2 special dividend and repurchased USD 12 million of stock under a USD 250 million program.
Quarterly earnings and underwriting results
- RLI posted Q2 2026 net earnings of USD 1.82 per diluted share, up 35.8% year over year; operating earnings rose 1.2% to USD 0.83.
- Underwriting income slipped 3.7% to USD 59.9 million, while the combined ratio worsened 1.1 percentage points to 85.6.
- Prior-year reserve development was favorable, lifting underwriting income by a net USD 35.1 million.
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