
RLI (RLI) Stock Forecast & Price Target
RLI (RLI) Analyst Ratings
Bulls say
RLI Corp is poised for continued growth, particularly within its Surety segment, which saw advantages from new agency relationships and construction projects, contributing to robust revenue generation. The company's Excess and Surplus (E&S) Casualty division reported a significant 13% increase in revenue, driven by a 20% increase in submissions and strengthening rates across key areas such as transportation and commercial auto. Overall, RLI's strategic focus on engaging wholesale distribution and expanding its product offerings aligns well with market trends, positioning the company favorably within the competitive insurance landscape.
Bears say
RLI Corp has experienced a significant decline of 8% in surplus lines commercial property premiums during the third quarter, marking the largest quarterly drop in this cycle and indicating overall restrained growth. Additionally, the company's casualty reserve cushion has weakened in recent years, as evidenced by increased loss development in the accident years of 2021-2022, which may suggest underlying loss inflation. These negative trends raise concerns about the sustainability of RLI's revenue and profitability in the face of declining premiums and diminishing reserves.
This aggregate rating is based on analysts' research of RLI and is not a guaranteed prediction by Public.com or investment advice.
RLI (RLI) Analyst Forecast & Price Prediction
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