RLI shares trade up 9.8% as investors respond to earnings beat

RLI’s shares were trading up 9.8 percent on Thursday afternoon as investors responded positively to the carrier’s Q1 2023 results which included a comfortable earnings beat and 14 percent increase in underwriting income driven by higher than expected reserve releases which helped offset a rise in catastrophe losses.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929

spencer.halladey@wbmediagroup.com

    Andy Stone

    Sales manager

    +44 (0) 7834 843176

    andy.stone@wbmediagroup.com