XML 94 R58.htm IDEA: XBRL DOCUMENT v2.4.1.9
DEBT (Details) - 10K (USD $)
12 Months Ended 0 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Oct. 02, 2013
Dec. 12, 2013
May 31, 2014
Debt            
Outstanding long-term senior notes $ 149,625,000us-gaap_LongTermNotesPayable $ 149,582,000us-gaap_LongTermNotesPayable        
Interest paid on outstanding debt 7,438,000us-gaap_InterestExpenseDebt 8,095,000us-gaap_InterestExpenseDebt 6,050,000us-gaap_InterestExpenseDebt      
Senior Notes            
Debt            
Average interest rate on debt (as a percent) 4.91%us-gaap_DebtWeightedAverageInterestRate
/ us-gaap_DebtInstrumentAxis
= us-gaap_SeniorNotesMember
5.71%us-gaap_DebtWeightedAverageInterestRate
/ us-gaap_DebtInstrumentAxis
= us-gaap_SeniorNotesMember
6.02%us-gaap_DebtWeightedAverageInterestRate
/ us-gaap_DebtInstrumentAxis
= us-gaap_SeniorNotesMember
     
Senior notes maturing September 15, 2023            
Debt            
Issue of senior notes by public debt offering       150,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= rli_SeniorNotesDueOnSeptember152023Member
   
Stated interest rate, payable semi-annually (as a percent)       4.875%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= rli_SeniorNotesDueOnSeptember152023Member
   
Proceeds from issuance of debt, net of discount and commission       148,600,000us-gaap_ProceedsFromIssuanceOfDebt
/ us-gaap_DebtInstrumentAxis
= rli_SeniorNotesDueOnSeptember152023Member
   
Estimated fair value of senior notes   159,000,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= rli_SeniorNotesDueOnSeptember152023Member
       
Senior notes maturing January 15, 2014            
Debt            
Amount of principle redeemed         100,000,000us-gaap_ExtinguishmentOfDebtAmount
/ us-gaap_DebtInstrumentAxis
= rli_SeniorNotesDueOnJanuary2014Member
 
Line of credit            
Debt            
Borrowing capacity under revolving line of credit facility 40,000,000us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
        25,000,000us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
Maximum borrowing capacity conditional expansion 65,000,000rli_LineOfCreditFacilityConditionalExpansionMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
         
Term of facility 4 years          
Amount outstanding on this facility $ 0us-gaap_LineOfCredit
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
$ 0us-gaap_LineOfCredit
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
$ 0us-gaap_LineOfCredit
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember