RLI CORP
For the period ended Dec 31, 2025. Filed Feb 20, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 20, 2026
RLI$67.95-0.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| | | | | | | |
|---|---|---|---|---|---|---|
| · · December 31, | ||||||
| (in thousands, except per share data) | 2025 | 2024 | ||||
| ASSETS | | | | | | |
| Investments and cash: | | | | | | |
| Fixed income: | | | | | | |
| Available-for-sale, at fair value | | $3,533,336 | | $3,175,796 | ||
| (amortized cost of $3,642,362 and allowance for credit losses of $828 in 2025) | | | | | | |
| (amortized cost of $3,391,159 and allowance for credit losses of $197 in 2024) | | | | | | |
| Equity securities, at fair value (cost - $534,311 in 2025 and $417,897 in 2024) | | | 898,876 | | | 736,191 |
| Short-term investments, at cost which approximates fair value | | | 120,562 | | | 74,915 |
| Other invested assets | | | 59,281 | | | 57,939 |
| Cash | | | 51,565 | | | 39,790 |
| Total investments and cash | | $4,663,620 | | $4,084,631 | ||
| Accrued investment income | | | 30,026 | | | 28,319 |
| Premiums and reinsurance balances receivable, net of allowances for uncollectible amounts of $23,673 in 2025 and $22,932 in 2024 | | | 212,226 | | | 230,534 |
| Ceded unearned premiums | | | 124,669 | | | 124,955 |
| Reinsurance balances recoverable on unpaid losses and settlement expenses, net of allowances for uncollectible amounts of $11,107 in 2025 and $9,580 in 2024 | | | 746,798 | | | 755,425 |
| Deferred policy acquisition costs | | | 172,648 | | | 166,214 |
| Property and equipment, at cost, net of accumulated depreciation of $84,459 in 2025 and $76,330 in 2024 | | | 40,733 | | | 43,172 |
| Investment in unconsolidated investees | | | 53,521 | | | 56,477 |
| Goodwill and intangibles | | | 53,562 | | | 53,562 |
| Income taxes - deferred | | | — | | | 7,793 |
| Other assets | | | 63,683 | | | 77,720 |
| TOTAL ASSETS | | $6,161,486 | | $5,628,802 | ||
| | | | | | | |
| LIABILITIES AND SHAREHOLDERS' EQUITY | | | | | | |
| LIABILITIES | | | | | | |
| Unpaid losses and settlement expenses | | $2,886,819 | | $2,693,470 | ||
| Unearned premiums | | | 991,636 | | | 984,140 |
| Reinsurance balances payable | | | 40,580 | | | 44,681 |
| Funds held | | | 127,242 | | | 97,380 |
| Income taxes - current | | | 29,724 | | | 749 |
| Income taxes - deferred | | | 21,769 | | | — |
| Short-term debt | | | 100,000 | | | 100,000 |
| Accrued expenses | | | 128,597 | | | 124,242 |
| Other liabilities | | | 56,923 | | | 62,173 |
| TOTAL LIABILITIES | | $4,383,290 | | $4,106,835 | ||
| | | | | | | |
| SHAREHOLDERS' EQUITY | | | | | | |
| Common stock ($0.01 par value) | | | | | | |
| (Shares authorized - 400,000,000) | | | | | | |
| (137,739,079 shares issued and 91,878,651 shares outstanding in 2025) | | | | | | |
| (137,598,560 shares issued and 91,738,132 shares outstanding in 2024) | | $1,377 | | $1,376 | ||
| Paid-in capital | | | 376,679 | | | 367,645 |
| Accumulated other comprehensive earnings | | | (88,074) | | | (173,723) |
| Retained earnings | | | 1,881,213 | | | 1,719,668 |
| Deferred compensation | | | 14,082 | | | 13,498 |
| Treasury stock, at cost (45,860,428 shares in 2025 and 2024) | | | (407,081) | | | (406,497) |
| TOTAL SHAREHOLDERS' EQUITY | | $1,778,196 | | $1,521,967 | ||
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | | $6,161,486 | | $5,628,802 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.