RLI - RLI Corp.: Results In Spite Of Expected Competition
2024-06-06 06:17:01 ET
Summary
- RLI continues with great performance, contrary to mounting commentary in last call about competition in its markets.
- While some moneymakers seem to be under the beginning of an attack, RLI appears to be able to find new areas where they can acquire business with good margin.
- With the bulk of renewals coming in the next quarters as well, we expect the investment results to start receiving some more juice.
- A quality pick, but we don't want to be on track record, which is required with its current valuation.
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RLI Corp.: Results In Spite Of Expected Competition