<- Go home

Added to YB: 2026-02-16

Pitch date: 2026-02-10

RLI [bullish]

RLI Corp.

-2%

current return

Author Info

No bio for this author

Company Info

RLI Corp., an insurance holding company, provides property, casualty, and surety insurance products. Its Casualty segment provides commercial excess, personal umbrella, general liability, transportation, and management liability coverages; professional liability and workers’ compensation for office-based professional coverages; commercial automobile liability and physical damage insurance to local, intermediate and long haul truckers, public transportation entities, and other specialty commercial automobile risks; incidental related insurance coverages; inland marine coverages; directors and officers liability insurance, fiduciary liability and coverages, employment practice liability, public and private businesses risk, and home business insurance products.

Market Cap

$5.7B

Pitch Price

$62.05

Price Target

N/A

Dividend

4.28%

EV/EBITDA

10.96

P/E

14.12

EV/Sales

3.03

Sector

Insurance

Category

value

Show full summary:
FPA Queens Road Small Cap Value Fund Added On Portfolio Holding: RLI Corp.

RLI (added to position): Specialty insurer in niche lines (school buses, Hawaii homeowners, construction surety). Best-in-class metrics: 89.3% avg combined ratio (2015-24), 16.6% ROE despite overcapitalization. Unique culture compensates on long-term profitability. Now ~20x fwd P/E vs historical 30x during prior soft markets (2015-17). Near-term growth slows as mgmt pulls back from unprofitable markets.

Read full article (2 min)