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Schedule III-Supplementary Insurance Information
12 Months Ended
Dec. 31, 2022
Supplementary Insurance Information [Abstract]  
Schedule III-Supplementary Insurance Information

RLI CORP. AND SUBSIDIARIES

SCHEDULE III—SUPPLEMENTARY INSURANCE INFORMATION

As of and for the years ended December 31, 2022, 2021 and 2020

Incurred losses

Deferred policy

Unpaid losses

Unearned

Net

and settlement

acquisition

and settlement

premiums,

premiums

expenses

(in thousands)

 

costs

 

expenses, gross

 

gross

 

earned

 

current year

Year ended December 31, 2022

Casualty segment

$

66,285

$

1,929,091

$

466,178

$

711,832

$

468,661

Property segment

36,767

293,737

237,369

307,886

145,672

Surety segment

24,807

92,809

81,538

124,718

22,622

RLI Insurance Group

$

127,859

$

2,315,637

$

785,085

$

1,144,436

$

636,955

Year ended December 31, 2021

Casualty segment

$

55,760

$

1,760,469

$

438,248

$

633,639

$

420,259

Property segment

25,764

196,369

168,209

231,837

140,905

Surety segment

22,029

86,717

73,987

115,427

20,901

RLI Insurance Group

$

103,553

$

2,043,555

$

680,444

$

980,903

$

582,065

Year ended December 31, 2020

Casualty segment

$

48,255

$

1,567,544

$

385,736

$

569,521

$

397,174

Property segment

19,655

150,008

131,274

183,720

124,375

Surety segment

20,515

32,497

69,376

112,506

22,388

RLI Insurance Group

$

88,425

$

1,750,049

$

586,386

$

865,747

$

543,937

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

See the accompanying reports of independent registered public accounting firms starting on page 91 of this report.

RLI CORP. AND SUBSIDIARIES

SCHEDULE III—SUPPLEMENTARY INSURANCE INFORMATION

(continued)

As of and for the years ended December 31, 2022, 2021 and 2020

Incurred

losses and

settlement

Policy

Other

Net

expenses

acquisition

operating

premiums

(in thousands)

 

prior year

 

costs

 

expenses

 

written

Year ended December 31, 2022

Casualty segment

$

(87,225)

$

204,397

$

52,210

$

744,607

Property segment

(24,927)

95,203

19,416

364,644

Surety segment

(10,427)

70,032

10,586

132,285

RLI Insurance Group

$

(122,579)

$

369,632

$

82,212

$

1,241,536

Year ended December 31, 2021

Casualty segment

$

(108,632)

$

179,354

$

47,139

$

674,709

Property segment

(10,981)

72,008

18,605

262,816

Surety segment

(5,850)

66,106

11,163

120,008

RLI Insurance Group

$

(125,463)

$

317,468

$

76,907

$

1,057,533

Year ended December 31, 2020

Casualty segment

$

(75,075)

$

162,058

$

40,937

$

583,244

Property segment

(13,019)

59,926

15,620

196,603

Surety segment

(12,959)

64,454

10,271

112,241

RLI Insurance Group

$

(101,053)

$

286,438

$

66,828

$

892,088

See the accompanying reports of independent registered public accounting firms starting on page 91 of this report.