What is the 13F Pro Quality Score for RLI?

13F Pro ranks RLI CORP (RLI) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View RLI's current score at https://13fpro.ai/company/RLI (free sign-up required for the full ranking).

Where does 13F Pro source RLI data?

All RLI CORP fundamentals and ownership data come directly from SEC EDGAR. RLI CORP files with the SEC under CIK 84246. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is RLI in?

RLI CORP (RLI) is classified in the Financials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/financials.

What drives RLI's revenue?

Per RLI CORP's latest 10-Q filed with the SEC on 2026-07-24, the biggest revenue drivers are: Net premiums earned ($417.1M, +4% YoY); Casualty ($256.9M, +9% YoY); Net investment income ($46.0M, +17% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/RLI.

What are RLI's largest expenses?

RLI CORP's latest 10-Q reports these as the largest expense items: Losses and settlement expenses ($189.9M, +3% YoY); Policy acquisition costs ($134.7M, +7% YoY); Insurance operating expenses ($32.6M, +10% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is RLI research updated on 13F Pro?

RLI's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

RLI CORP(RLI)Stock Analysis

AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →

Financials →NYSEmid

Institutional-grade research for retail investors

SEC EDGAR: CIK 84246 RLI stock profile & AI dashboard →

13F Pro Quality Score

74.5/100

Rank #110 of 2,961 stocksTOP 5%

View Financials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

65.1/100

Profitability

85.5/100

Balance Sheet

77.7/100

Earnings Quality

47.7/100

Free Cash Flow

80.0/100

Institutional Flow

85.2/100

Revenue Scale

63.0/100

Dilution Risk

94.7/100

Email me the moment this company reports earnings

AI Research Report

Two-page plain-English analysis: business, thesis, and three scenarios for the next two years. Refreshed every quarter.

Upgrade to Pro

Pro: 5 reports/month · Pro+: unlimitedOpinion, not investment advice. Do your own research.

Why RLI Scores 75/100

exact factor attribution · 2026-09-11

RLI's composite is driven by profitability and free cash flow. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Profitability

+7.1 pts

86th pct

Free cash flow

+4.5 pts

80th pct

Revenue growth

+4.0 pts

65th pct

Capital efficiency

+3.7 pts

78th pct

Shareholder dilution

+3.0 pts

95th pct

Scale

+2.6 pts

63th pct

Institutional flow

+2.4 pts

85th pct

Earnings growth

+1.7 pts

76th pct

Earnings quality

-0.2 pts

48th pct

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

RLI Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for RLI CORP (RLI), a Financials sector company. 13F Pro's AI-powered ranking engine scores RLI at 74.5/100 on a 32-signal composite quality model, placing it at rank #110 of 2,961 stocks — the top 5% of the AI-ranked universe. RLI scores in the top quartile across profitability (85.5), institutional flow (85.2), free cash flow (80.0). Based on the latest XBRL financial filings (Q2 2026), RLI CORP reports quarterly revenue of $575.6M, net income of $168.0M, free cash flow of $142.4M. Top institutional holders of RLI by reported 13-F value include STATE STREET, BlackRock, KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT, based on the most recent SEC filings. RLI trades on the NYSE exchange and files with the SEC under CIK 84246. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate RLI daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for RLI CORP directly from SEC EDGAR. RLI CORP's 13F Pro composite quality score has ranged between 57 and 82 since 2021, currently 74.5 — an improving long-term trajectory across 68 quarterly and live scoring snapshots.

✦

Fun facts about RLI CORP

Quirks, history, and lore behind RLI — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. specialty insurance company · small-cap · listed on the NYSE · headquartered in Illinois.
2
The Numbers
Annual revenue in the low hundreds of millions of dollars, with a reputation for consistently delivering underwriting profits that bigger rivals envy.
3
The History
Founded in 1965, it built its business around niche commercial insurance lines that most standard carriers prefer to avoid — the stuff with odd risks and thin competition.
4
The Secret
Its bread and butter is surplus lines insurance — covering risks so unusual they can't find a home in the standard market, from transportation to marine to executive liability.
5
The Lore
It has delivered a combined ratio below 100 — meaning it actually makes money on underwriting alone — for a remarkable run of years, a feat that makes it something of a cult stock among insurance nerds.
6
The Giveaway
Three bold letters, a Peoria address, and a specialty insurer whose ticker and name both shout "R-L-I" — a quiet Illinois gem that Warren Buffett types quietly admire.

▶ Think you know your stocks? Play the Daily Ticker

What's Driving RLI's Business? Latest 10-Q Breakdown

AI-extracted from RLI CORP's 10-Q filed 2026-07-24 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Net earnings rose 35% YoY to $168.0M as consolidated revenue grew 15% to $575.6M, driven mainly by $103.0M of equity market unrealized gains and 4% growth in net premiums earned.

Biggest Revenue Drivers

Net premiums earned$417.1M+4% YoY

Increased primarily due to continued growth within the casualty segment.

Net investment income$46.0M+17% YoY

Higher reinvestment rates and an increased average asset base.

Biggest Revenue Drivers

Total revenue: $575.6M+15% YoY

Net premiums earned$417.1M+4% YoY

Increased primarily due to continued growth within the casualty segment.

Within Net premiums earned

Casualty$256.9M+9% YoY

Favorable rate movement and distribution growth in commercial excess/personal umbrella and commercial transportation.

Net investment income$46.0M+17% YoY

Higher reinvestment rates and an increased average asset base.

Net realized gains$9.4M-37% YoY

Realized gains on equity securities primarily due to rebalancing within equity strategies.

Largest Expense Items

Losses and settlement expenses$189.9M+3% YoY

Loss ratio improved to 45.5 from 45.9 on higher favorable prior-year reserve development and lower catastrophe losses.

Policy acquisition costs$134.7M+7% YoY

Expense ratio rose to 40.1 from 38.6, reflecting continued workforce investments and higher acquisition-related costs.

Insurance operating expenses$32.6M+10% YoY

Reflects allocated corporate support costs amid continued investments in the workforce.

Margins: Combined ratio was 85.6 in Q2 2026 versus 84.5 a year earlier; the loss ratio improved to 45.5 from 45.9 on favorable reserve development and lower catastrophe losses, but the expense ratio rose to 40.1 from 38.6 on workforce and acquisition-cost investments.

Watch Items from the Filing

New $300M senior notes (5.375%, due 2036) issued March 2026 pushed interest expense to $4.4M from $1.35M YoY; debt is now 14% of total capital.
$250M share repurchase program authorized May 14, 2026; $12M repurchased in Q2 with $238M of capacity remaining.
Board paid a $2.00 special dividend and raised the regular quarterly dividend 12.5% to $0.18/share, extending 51 consecutive years of dividend increases.
Casualty segment underwriting income fell to $1.7M from $8.3M YoY as its combined ratio rose to 99.3 from 96.5 on lower favorable reserve development.
Favorable prior-year reserve development added $40M to pretax earnings in Q2 2026, up from $28M a year ago — a tailwind that may not persist.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$575.6M

Net Income

Q2 2026

$168.0M

Free Cash Flow

Q2 2026

$142.4M

ROIC

Q2 2026

41.1%

D/E Ratio

Q2 2026

0.17

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+6.3% YoY

$1.88BFY 2025

FY22 $1.70BFY23 $1.51BFY24 $1.77BFY25 $1.88B

Net Income

+16.6% YoY

$403.3MFY 2025

FY22 $583.4MFY23 $304.6MFY24 $345.8MFY25 $403.3M

EPS (Diluted)

+133.7% YoY

$4.37FY 2025

FY22 $3.19FY23 $1.66FY24 $1.87FY25 $4.37

Total Assets

+9.5% YoY

$6.16BFY 2025

FY22 $4.77BFY23 $5.18BFY24 $5.63BFY25 $6.16B

Total Debt

-50.0% YoY

$100.0MFY 2025

FY22 $199.9MFY23 $200.0MFY24 $200.0MFY25 $100.0M

Op. Cash Flow

+9.6% YoY

$614.2MFY 2025

FY22 $250.4MFY23 $464.3MFY24 $560.2MFY25 $614.2M

Free Cash Flow

+9.6% YoY

$608.7MFY 2025

FY22 $244.6MFY23 $458.3MFY24 $555.5MFY25 $608.7M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$1.88B +6.3%	$1.77B +17.1%	$1.51B -11.0%	$1.70B +44.0%	$1.18B +19.9%	$983.6M
Net Income	$403.3M +16.6%	$345.8M +13.5%	$304.6M -47.8%	$583.4M +108.8%	$279.4M +77.8%	$157.1M
EPS (Diluted)	$4.37 +133.7%	$1.87 +13.0%	$1.66 -48.0%	$3.19 +4.3%	$3.06 +76.6%	$1.73
Total Assets	$6.16B +9.5%	$5.63B +8.7%	$5.18B +8.7%	$4.77B +5.7%	$4.51B +14.5%	$3.94B
Total Debt	$100.0M -50.0%	$200.0M +0.0%	$200.0M +0.1%	$199.9M +0.1%	$199.7M +33.6%	$149.5M
Operating Cash Flow	$614.2M +9.6%	$560.2M +20.7%	$464.3M +85.4%	$250.4M -34.9%	$384.9M +46.2%	$263.3M
Free Cash Flow	$608.7M +9.6%	$555.5M +21.2%	$458.3M +87.4%	$244.6M -35.1%	$376.6M +46.3%	$257.5M

Get alerted when RLI's score changes

Free account: watchlist tracking, the daily AI brief, and the AI screener.

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Available Research

13F Pro tracks comprehensive data for RLI CORP including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of RLI

STATE STREET CORP
$528.3M8,943,750 sh
BlackRock, Inc.
$492.2M8,332,056 sh
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC
$398.0M6,737,775 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$280.6M4,750,995 sh
VANGUARD CAPITAL MANAGEMENT LLC
$244.4M4,137,133 sh
WASATCH ADVISORS LP
$214.5M3,631,273 sh
GEODE CAPITAL MANAGEMENT, LLC
$154.4M2,614,068 sh
ARIEL INVESTMENTS, LLC
$148.8M2,519,527 sh
MARKEL GROUP INC.
$141.4M2,394,544 sh
Invesco Ltd.
$139.3M2,358,611 sh

Fund	Value	Shares
STATE STREET CORP	$528.3M	8,943,750
BlackRock, Inc.	$492.2M	8,332,056
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC	$398.0M	6,737,775
VANGUARD PORTFOLIO MANAGEMENT LLC	$280.6M	4,750,995
VANGUARD CAPITAL MANAGEMENT LLC	$244.4M	4,137,133
WASATCH ADVISORS LP	$214.5M	3,631,273
GEODE CAPITAL MANAGEMENT, LLC	$154.4M	2,614,068
ARIEL INVESTMENTS, LLC	$148.8M	2,519,527
MARKEL GROUP INC.	$141.4M	2,394,544
Invesco Ltd.	$139.3M	2,358,611

Companies Similar to RLI

Ranked by quality-profile closeness and shared hedge-fund ownership — not just sector membership.

PRI

Primerica, Inc.

AI score

Similar quality profile · 23 shared holders

KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC T. Rowe Price Investment Management, Inc.EULAV Asset Management

KNSL

Kinsale Capital Group, Inc.

AI score

Similar quality profile · 21 shared holders

KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC Maren Capital LLC T. Rowe Price Investment Management, Inc.

RNR

RENAISSANCERE HOLDINGS LTD

AI score

Similar quality profile · 17 shared holders

Polar Capital Holdings Plc T. Rowe Price Investment Management, Inc.MARKEL GROUP INC.

ACGL

ARCH CAPITAL GROUP LTD.

AI score

Similar quality profile · 13 shared holders

Maren Capital LLC Polar Capital Holdings Plc Port Capital LLC

WRB

BERKLEY W R CORP

AI score

Similar quality profile · 14 shared holders

KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC Polar Capital Holdings Plc CONFLUENCE INVESTMENT MANAGEMENT LLC

THG

HANOVER INSURANCE GROUP, INC.

AI score

Similar quality profile · 17 shared holders

MARKEL GROUP INC.T. Rowe Price Investment Management, Inc.Retirement Systems of Alabama

FNB

FNB CORP/PA/

AI score

Similar quality profile · 11 shared holders

Retirement Systems of Alabama STATE TREASURER STATE OF MICHIGAN Bleakley Financial Group, LLC

SIGI

SELECTIVE INSURANCE GROUP INC

AI score

Similar quality profile · 14 shared holders

T. Rowe Price Investment Management, Inc.EULAV Asset Management Retirement Systems of Alabama

Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.

More Financials Companies

View all Financials →

AAAU

Goldman Sachs Physical Gold ETF

AAC

Ares Acquisition Corp III

AACB

Artius II Acquisition Inc.

AACI

Armada Acquisition Corp. III

AACO

Abony Acquisition Corp. I

AACP

Apogee Acquisition Corp

AAME

ATLANTIC AMERICAN CORP

AAMI

Acadian Asset Management Inc.

Put RLI on your watchlist

Track score changes the day RLI CORP files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.

View Pricing

Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Popular Research

AAPL

Apple

MSFT

Microsoft

NVDA

NVIDIA

GOOG

Alphabet

AMZN

Amazon

Is RLI a good stock to buy?

13F Pro's AI-powered analysis of RLI CORP (RLI) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for RLI are available on the RLI stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. RLI is classified as a mid company.

Which hedge funds own RLI?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling RLI. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of RLI CORP's investment landscape.