RLI Q3 CoR rises 2.4 points to 97% as cat losses offset reserve releases
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RLI Q3 CoR rises 2.4 points to 97% as cat losses offset reserve releases

Jairo Ibarra
October 19, 2022
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RLI reported a 97% Q3 combined ratio, up 2.4 points from last year, as it opened earnings with a mixed read-through for specialty lines carriers.

The firm said its Q3 results included favorable development in prior years’ loss reserves, which resulted in a $29mn increase in underwriting income, offset by a $34.8mn

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Jairo Ibarra
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