RLI Publishes Third-Quarter 2026 Earnings Call Transcript
Bitget2026/10/21 21:11- RLI’s October 20, 2026, third-quarter earnings call featured CEO Craig Kliethermes, CFO Aaron Diefenthaler and COO Jen Klobnak.
- Operating earnings rose to $0.86 per share from $0.82 a year earlier; the combined ratio deteriorated to 86.2 from 85.1.
- E&S Property premiums fell 17%, with renewal pricing declining by double digits as competition intensified.
- Personal Umbrella rate increases are expected to return to double digits in 2027, following an 8% increase in the quarter.
- Management expects favorable reinsurance terms at January 1 renewals, though negotiations remain underway.
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