All Posts Tagged With: "RLI"
(RLI) RLI Corporation Continues Expansion
RLI Corp. (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...
(AAPL) A Busy Week Ahead – Earnings Preview
Earnings Preview 10/14/11
While the earnings season kicked off this past week, only 38 firms reported. The game really gets under way next week, when we will get reports from 336 firms, including 99 members of the S&P 500.
Thus, by the end of the week we...
(MCO) Insurance Industry Stock Update – September 2011 – Industry Outlook
Despite a series of natural disasters and consequent above-average losses, the U.S. insurance industry could rebound only with help from rising rates and reduced pricing pressure. Though financials of U.S. insurance companies are still not strong enough to soak up losses from...
(AAPL) 2011 Second Quarter Earnings Preview – Detailed
Earnings Preview 7/15/11
Second quarter earnings season is now under way, but things really start to move into high gear next week. There will be 348 firms reporting, and 108 of those are...
(RLI) RLI Corporation Analyst Downgrades Shares
We are downgrading RLI Corp. (RLI) to Neutral from Outperform as its Casualty segment continues to remain under pressure owing to difficult economic conditions, especially in construction and transportation-related...
(RLI) Rating Action on RLI Corporation
A.M. Best Co. has reiterated its issuer credit ratings (ICR) of “a-” for RLI Corp. (RLI). The rating agency has upgraded the outlook to positive from stable.
Also, A.M. Best has reiterated the debt...
(RAA) Insurance Industry Stock Update – May 2011 – Industry Outlook
After enduring stress with respect to pricing pressure and reduced insured exposure through mid-2009, the overall health of the U.S. insurance industry has improved to some extent in recent quarters. Though the market turmoil forced many companies to take immense write-downs,...
(RLI) RLI Corporation – Bull of the Day
We are upgrading RLI Corporation (RLI) to Outperform on the back of strong results during the fourth quarter. The company’s fourth quarter earnings results exceeded the Zacks Consensus Estimate largely...
(BAC) Company News for December 1, 2010 – Corporate Summary
• State Street (NYSE:STT) said it will lay off 1,400 jobs, or 5% of its workforce
• RLI (NYSE:RLI) said it will pay a $7.00 per share special dividend
• Bank of America (NYSE:BAC) initiated coverage of Dendreon (NASDAQ:DNDN) with a “buy”...
(RLI) RLI Corporation – Bull of the Day
We are upgrading RLI Corp. (RLI) to Outperform as we believe the company will benefit from business expansion drive diversification into crop and other assumed property reinsurance. Also its extensive product...
(RLI) Fitch Upgrades RLI Corporation’s Ratings
Yesterday, RLI Corp.’s (RLI) ratings were upgraded by Fitch Ratings. The rating agency raised the holding company’s ratings including the senior debt rating to ‘BBB+’ from ‘BBB’...
(RLI) RLI Corporation Tops Earnings Estimate
RLI Corp’s (RLI) fourth quarter earnings of $1.17 per share were well ahead of the Zacks Consensus Estimate of 97 cents. Results reflected improved underwriting results and favorable reserve development...
(RLI) RLI Corporation Increases Dividend
RLI Corp. (RLI) recently increased its fourth quarter cash dividend by 4% from the prior quarter level to 28 cents per common share. The dividend is payable on Jan 15, 2010, to shareholders of record on Dec...
(RLI) RLI Corporation Surpasses Consensus Estimates
RLI Corp’s (RLI) third quarter earnings of $1.18 per share were well ahead of the Zacks Consensus Estimate of 94 cents. Results reflected higher underwriting income and favorable reserve development from prior years’ loss reserves. The company had earned...