XML 39 R22.htm IDEA: XBRL DOCUMENT v3.25.0.1
Schedule III-Supplementary Insurance Information
12 Months Ended
Dec. 31, 2024
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, 2024, 2023 and 2022

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

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, 2024

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Casualty segment

​

$

88,616

​

$

2,212,648

​

$

564,772

​

$

852,837

​

$

577,368

Property segment

​

​

48,302

​

​

337,787

​

​

328,842

​

​

531,384

​

​

231,949

Surety segment

​

​

29,296

​

​

143,035

​

​

90,526

​

​

142,185

​

​

25,245

RLI Insurance Group

​

$

166,214

​

$

2,693,470

​

$

984,140

​

$

1,526,406

​

$

834,562

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Year ended December 31, 2023

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Casualty segment

​

$

73,334

​

$

2,043,556

​

$

491,479

​

$

758,346

​

$

496,530

Property segment

​

​

46,366

​

​

301,907

​

​

314,945

​

​

401,530

​

​

193,258

Surety segment

​

​

26,866

​

​

100,562

​

​

85,902

​

​

134,430

​

​

23,172

RLI Insurance Group

​

$

146,566

​

$

2,446,025

​

$

892,326

​

$

1,294,306

​

$

712,960

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

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

​

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 90 of this report.

RLI CORP. AND SUBSIDIARIES

SCHEDULE III—SUPPLEMENTARY INSURANCE INFORMATION

(continued)

As of and for the years ended December 31, 2024, 2023 and 2022

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Incurred

​

​

​

​

​

​

​

​

​

​

​

losses and

​

​

​

​

​

​

​

​

​

​

​

settlement

​

Policy

​

Other

​

Net

​

​

expenses

​

acquisition

​

operating

​

premiums

(in thousands)

 

prior year

 

costs

 

expenses

 

written

Year ended December 31, 2024

​

​

​

​

​

​

​

​

​

​

​

​

Casualty segment

​

$

(52,878)

​

$

245,519

​

$

65,040

​

$

915,625

Property segment

​

​

(33,143)

​

​

131,171

​

​

33,871

​

​

542,997

Surety segment

​

​

(9,288)

​

​

87,350

​

​

13,549

​

​

146,899

RLI Insurance Group

​

$

(95,309)

​

$

464,040

​

$

112,460

​

$

1,605,521

​

​

​

​

​

​

​

​

​

​

​

​

​

Year ended December 31, 2023

​

​

​

​

​

​

​

​

​

​

​

​

Casualty segment

​

$

(78,498)

​

$

221,589

​

$

59,246

​

$

788,982

Property segment

​

​

(21,196)

​

​

116,344

​

​

26,808

​

​

500,057

Surety segment

​

​

(8,853)

​

​

80,392

​

​

12,329

​

​

138,708

RLI Insurance Group

​

$

(108,547)

​

$

418,325

​

$

98,383

​

$

1,427,747

​

​

​

​

​

​

​

​

​

​

​

​

​

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

​

See the accompanying reports of independent registered public accounting firms starting on page 90 of this report.