SCHEDULE III-SUPPLEMENTARY INSURANCE INFORMATION - 10K

12 Months Ended

Dec. 31, 2014

SCHEDULE III-SUPPLEMENTARY INSURANCE INFORMATION

SCHEDULE III-SUPPLEMENTARY INSURANCE INFORMATION

RLI CORP. AND SUBSIDIARIES

SCHEDULE III—SUPPLEMENTARY INSURANCE INFORMATION

As of and for the years ended December 31, 2014, 2013 and 2012

									Incurred losses
	Deferred policy		Unpaid losses		Unearned		Net		and settlement
(in thousands)	acquisition		and settlement		premiums,		premiums		expenses
Segment	costs		expenses, gross		gross		earned		current year
Year ended December 31, 2014
Casualty segment	$	31,334	$	964,699	$	237,117	$	382,105	$	251,958
Property segment		13,827		120,858		94,092		197,776		90,712
Surety segment		19,962		35,483		70,203		107,494		18,781
RLI Insurance Group	$	65,123	$	1,121,040	$	401,412	$	687,375	$	361,451
Year ended December 31, 2013
Casualty segment	$	28,553	$	947,677	$	228,907	$	324,022	$	210,665
Property segment		14,275		146,122		97,116		200,141		103,544
Surety segment		18,680		35,634		66,058		106,639		18,073
RLI Insurance Group	$	61,508	$	1,129,433	$	392,081	$	630,802	$	332,282
Year ended December 31, 2012
Casualty segment	$	19,673	$	955,730	$	199,672	$	267,697	$	184,555
Property segment		14,523		169,250		103,854		202,402		132,507
Surety segment		18,148		33,503		65,820		106,472		19,166
RLI Insurance Group	$	52,344	$	1,158,483	$	369,346	$	576,571	$	336,228

NOTE 1:  Investment income is not allocated to the segments, therefore net investment income has not been provided.

See the accompanying report of independent registered public accounting firm on page 103 of this report.

RLI CORP. AND SUBSIDIARIES

SCHEDULE III—SUPPLEMENTARY INSURANCE INFORMATION

(continued)

As of and for the years ended December 31, 2014, 2013 and 2012

	Incurred
	losses and
	settlement		Policy		Other		Net
(in thousands)	expenses		acquisition		operating		premiums
Segment	prior year		costs		expenses		written
Year ended December 31, 2014
Casualty segment	$	(52,825)	$	108,747	$	28,284	$	395,853
Property segment		(1,123)		58,646		16,623		195,580
Surety segment		(10,894)		61,890		9,557		111,719
RLI Insurance Group	$	(64,842)	$	229,283	$	54,464	$	703,152
Year ended December 31, 2013
Casualty segment	$	(61,805)	$	93,463	$	26,107	$	362,459
Property segment		(7,273)		58,650		17,616		196,467
Surety segment		(3,403)		58,538		9,834		107,396
RLI Insurance Group	$	(72,481)	$	210,651	$	53,557	$	666,322
Year ended December 31, 2012
Casualty segment	$	(40,449)	$	76,765	$	21,387	$	284,058
Property segment		(16,800)		60,070		14,933		202,971
Surety segment		(7,334)		59,527		8,651		106,057
RLI Insurance Group	$	(64,583)	$	196,362	$	44,971	$	593,086

See the accompanying report of independent registered public accounting firm on page 103 of this report.