RLI Corp. Maintained At Neutral
RLI Corp. (NYSE:RLI) continues to benefit from its business expansion drive, extensive product offerings, strong local branch network and focus on specialty insurance lines. The company scores strongly with the rating agencies and remains focused on returning value to its shareholders. However, these positives are somewhat dwarfed by RLI Corp’s exposure to cat losses and the [...]
RLI Corp. (NYSE:RLI) continues to benefit from its business expansion drive, extensive product offerings, strong local branch network and focus on specialty insurance lines. The company scores strongly with the rating agencies and remains focused on returning value to its shareholders.
However, these positives are somewhat dwarfed by RLI Corp’s exposure to cat losses and the strained Casualty segment. We thus remain Neutral on the company.
RLI Corp. is one of the industry’s most … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards