RLI posts 26% rise in property premium for Q3, sees cat opportunity
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RLI posts 26% rise in property premium for Q3, sees cat opportunity

Hal Stucker
October 24, 2023
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RLI logo with klobnak.jpg

Specialty insurer RLI posted a 26% rise in property premium for the third quarter, led by the E&S property division, said COO Jennifer Klobnak.

During the company’s Q3 earnings call, Klobnak said the division grew 39%, including via a 42% rate increase. The catastrophe market remains hard, with opportunities in both hurricane and earthquake business, she added.

“Capacity

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