Added to YB: 2026-05-22
Pitch date: 2026-05-05
RLI [bullish]
RLI Corp.
+6.17%
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
$4.8B
Pitch Price
$49.93
Price Target
N/A
Dividend
5.02%
EV/EBITDA
10.01
P/E
12.27
EV/Sales
2.72
Sector
Insurance
Category
value
FPA Queens Road Small Cap Value Fund Portfolio Holding: RLI Corp.
RLI (added to position): Specialty P&C insurer w/ selective underwriting in niche lines (school buses, Hawaii homeowners, surety). 2015-24 avg 89.3% combined ratio, 16.6% ROE despite excess capital. Unique culture & discipline drive exceptional performance. Owned since 2011. Added to position at ~20x P/E, attractive for premium quality.
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