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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.