RLI
-
Craig Kliethermes says full exposure from US state government shutdowns “will take significant time to reveal” itself.
-
The specialty carrier lightly beats consensus but reports weaker casualty underwriting with limited details on the Covid-19 effect. -
Samantha Constantinou has joined the carrier’s ocean marine team in New York.
-
Excess rates continue to rise after several carriers early last year pulled back from the class.
-
The specialty carrier has escaped the worst of this year’s cat season relatively unscathed.
-
The result was driven by improvements in underwriting, investment returns and favourable development.
-
It’s clear that pricing is improving. But how widespread is the pain that’s driving it? (It’s not just AIG & Lloyd’s).
-
Excess and surplus casualty submission are up 5 percent year on year, COO Craig Kliethermes said.
-
-
The specialty insurer reported increased operating earnings that beat expectations but showed unprofitable accident year underwriting.
-
Commentary from RLI suggests an E&S market that is bifurcated between distressed pockets and more stable segments.
-
Commercial auto is still a market in turmoil, RLI president and COO Craig Kliethermes said.
Related
-
RLI adds to CAY reserves amid concerns of increased auto severity
January 23, 2025 -
RLI shares drop 10% after Q4 CoR climbs 11.7 pts to 94.4%
January 23, 2025 -
Q4 earnings roundup January 22: RLI, Travelers
January 22, 2025 -
RLI’s casualty business grew by double digits in Q3: CFO
October 22, 2024 -
Q3 earnings roundup October 21: Berkley, RLI, Selective
October 21, 2024