Company Quick10K Filing
RLI
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 45 $3,877
10-Q 2019-10-24 Quarter: 2019-09-30
10-Q 2019-07-25 Quarter: 2019-06-30
10-Q 2019-04-24 Quarter: 2019-03-31
10-K 2019-02-22 Annual: 2018-12-31
10-Q 2018-10-24 Quarter: 2018-09-30
10-Q 2018-07-20 Quarter: 2018-06-30
10-Q 2018-04-25 Quarter: 2018-03-31
10-K 2018-02-23 Annual: 2017-12-31
10-Q 2017-10-25 Quarter: 2017-09-30
10-Q 2017-07-26 Quarter: 2017-06-30
10-Q 2017-04-27 Quarter: 2017-03-31
10-K 2017-02-24 Annual: 2016-12-31
10-Q 2016-10-24 Quarter: 2016-09-30
10-Q 2016-07-25 Quarter: 2016-06-30
10-Q 2016-04-25 Quarter: 2016-03-31
10-K 2016-02-26 Annual: 2015-12-31
10-Q 2015-10-23 Quarter: 2015-09-30
10-Q 2015-07-24 Quarter: 2015-06-30
10-Q 2015-04-24 Quarter: 2015-03-31
10-K 2015-02-26 Annual: 2014-12-31
10-Q 2014-10-27 Quarter: 2014-09-30
10-Q 2014-07-28 Quarter: 2014-06-30
10-Q 2014-04-28 Quarter: 2014-03-31
10-K 2014-02-27 Annual: 2013-12-31
10-Q 2013-10-28 Quarter: 2013-09-30
10-Q 2013-07-29 Quarter: 2013-06-30
10-Q 2013-04-29 Quarter: 2013-03-31
10-Q 2012-07-30 Quarter: 2012-06-30
10-Q 2012-04-30 Quarter: 2012-03-31
10-K 2012-02-28 Annual: 2012-01-31
10-Q 2011-10-31 Quarter: 2011-09-30
10-Q 2011-08-05 Quarter: 2011-06-30
10-Q 2011-04-28 Quarter: 2011-03-31
10-K 2011-02-25 Annual: 2010-12-31
10-Q 2010-10-26 Quarter: 2010-09-30
10-Q 2010-07-28 Quarter: 2010-06-30
10-Q 2010-04-26 Quarter: 2010-03-31
10-K 2010-02-24 Annual: 2009-12-31
8-K 2019-11-13 Other Events, Exhibits
8-K 2019-08-21 Accountant, Exhibits
8-K 2019-08-14 Other Events, Exhibits
8-K 2019-07-18 Regulation FD, Exhibits
8-K 2019-07-17 Earnings, Exhibits
8-K 2019-06-10 Officers
8-K 2019-05-02 Shareholder Vote, Other Events, Exhibits
8-K 2019-05-02 Officers, Exhibits
8-K 2019-04-18 Regulation FD, Exhibits
8-K 2019-04-17 Earnings, Exhibits
8-K 2019-02-07 Other Events, Exhibits
8-K 2019-01-24 Regulation FD, Exhibits
8-K 2019-01-23 Earnings, Exhibits
8-K 2018-11-08 Other Events, Exhibits
8-K 2018-11-08 Code of Ethics
8-K 2018-10-18 Regulation FD, Exhibits
8-K 2018-10-17 Earnings, Exhibits
8-K 2018-08-15 Other Events, Exhibits
8-K 2018-08-15 Other Events, Exhibits
8-K 2018-08-14 Officers, Exhibits
8-K 2018-07-19 Regulation FD, Exhibits
8-K 2018-07-18 Earnings, Exhibits
8-K 2018-05-24 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-05-03 Shareholder Vote, Other Events, Exhibits
8-K 2018-05-03 Shareholder Vote, Other Events, Exhibits
8-K 2018-04-19 Regulation FD, Exhibits
8-K 2018-04-18 Earnings, Exhibits
8-K 2018-02-08 Other Events, Exhibits
8-K 2018-01-25 Regulation FD, Exhibits
8-K 2018-01-24 Earnings, Exhibits

RLI Financials

RLI Metrics, Comps, Filings

Annual | Quarterly

Business

RLI Corp. (the “Company”) was founded in 1965. We underwrite select property and casualty insurance through major subsidiaries collectively known as RLI Insurance Group. We conduct operations principally through three insurance companies. RLI Insurance Company (RLI Ins.), a subsidiary of RLI Corp. and our principal insurance subsidiary, writes multiple lines of insurance on an admitted basis in all 50 states, the District of Columbia, Puerto Rico, the Virgin Islands and Guam. Mt. Hawley Insurance Company (Mt. Hawley), a subsidiary of RLI Ins., writes excess and surplus lines insurance on a non-admitted basis in all 50 states, the District of Columbia, Puerto Rico, the Virgin Islands and Guam. Contractors Bonding and Insurance Company (CBIC), a subsidiary of RLI Ins., writes multiple lines of insurance on an admitted basis in all 50 states and the District of Columbia. Each of our insurance companies is domiciled in Illinois. We have no material foreign operations.

As a specialty insurance company with a niche focus, we offer insurance coverages in the specialty admitted and excess and surplus markets. We distribute our property and casualty insurance through our branch offices that market to wholesale and retail producers. We offer limited coverages on a direct basis to select insureds, as well as various reinsurance coverages. In addition, from time to time, we produce a limited amount of business under agreements with managing general agents under the direction of our product vice presidents.

For the year ended December 31, 2018, the following table provides the geographic distribution of our risks insured as represented by direct premiums earned for all coverages:


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Hanover Insurance Group (THG) 5,247 0% 10.7 4% 12,160 9,219 4,688 0 442 533 5,720
Kemper (KMPR) 5,145 0% 8.6 3% 12,616 8,933 4,802 0 376 690 5,914
Axis Capital Holdings (AXS) 5,046 0% 16.4 1% 25,870 20,304 3,877 0 152 241 3,952
MGIC Investment (MTG) 5,036 0% 6.4 11% 6,056 2,020 1,160 0 659 880 5,643
Radian Group (RDN) 4,834 93% 5.6 9% 6,592 2,809 1,421 1,318 620 849 4,755
Essent Group (ESNT) 4,820 0% 8.3 14% 3,540 836 791 0 509 606 5,020
Selective Insurance Group (SIGI) 4,547 0% 16.1 3% 8,576 6,516 2,715 0 241 322 5,164
Assured Guaranty (AGO) 4,405 0% 9.0 3% 13,581 6,859 949 0 445 607 5,444
RLI (RLI) 3,877 0% 27.7 4% 3,375 2,415 915 0 125 144 4,001
Enstar (ESGR) 3,689 0% 6.4 3% 18,225 13,262 2,012 0 491 572 3,662
White Mountains Insurance Group (WTM) 3,433 10% 14.9 5% 3,752 744 767 75 178 236 3,513
Mercury General (MCY) 3,399 69% 11.4 3% 5,717 3,949 2,896 1,993 196 278 3,158
National General Holdings (NGHC) 2,687 0% 6.6 3% 9,667 7,206 4,858 0 264 475 3,158
Aspen Insurance Holdings (AHL) 2,528 0% -17.0 -1% 12,978 10,261 2,454 0 -147 -116 1,977
Proassurance (PRA) 2,167 0% 29.8 1% 4,786 3,205 937 0 50 79 2,364
Kinsale Capital Group (KNSL) 2,144 0% 35.3 5% 895 587 262 0 49 59 2,066
Navigators Group (NAVG) 2,086 0% 38.2 0% 5,856 4,626 1,527 0 2 48 1,844
NMI Holdings (NMIH) 1,953 0% 11.5 11% 1,220 408 320 0 132 179 2,066
Horace Mann Educators (HMN) 1,571 0% 9.5 1% 11,779 10,280 1,355 0 138 195 1,861
Safety Insurance Group (SAFT) 1,550 0% 11.3 5% 1,973 1,190 857 0 103 134 1,512

Balance Sheet ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash00140000030
Accounts Receivable
Inventory
PP&E18513332255
Assets2,5152,6959159951,0149969941,0183,105
Accounts Payable
Long-Term Debt100100100150150149149149
Liabilities1,7231261191661691721711652,298
Stockholders' Equity819796829845823824854807
Income Statement ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue583619661706775795816797818
Cost of Revenue
Gross Profit
R&D
SG&A88910101011
Tax51593937484427103
Net Income12764
Cash Flow ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating10011836135-1-32-9217
Cash Investing93143157-102171126123130-134
Cash Financing-193-137-125-47-170-123-125-121-77