RLI reports full year underwriting income of $173.2m on a combined ratio of 86.6%

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Reinsurance News - Jan 25, 2024

RLI Corp. has reported a full year underwriting income of $173.2 million on a combined ratio of 86.6%, compared to $178.2 million on a combined ratio of 84.4% in 2022. The firm explained that favourable development in prior years’ loss reserves resulted in a $95.3 million net increase in underwritin...

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