Reinsurance News
RLI Corp
RLI announces restructure of product leadership
5th January 2023
Specialty insurer RLI has reported the promotions of three product leaders following the retirement of Dennis Drees, Vice President, Casualty Brokerage. Drees joined RLI in 1994 as Director of Casualty, serving in various leadership roles before being promoted to his current role in 2014. His retirement is set for February 14, ... Read the full article
Paul B. Medini appointed to RLI Board of Directors
3rd November 2022
Specialty insurer RLI has announced that Paul B. Medini has been appointed to its Board of Directors. The firm states that Medini brings extensive audit, accounting, and insurance experience to his new role following a 17-year career at ACE Group and Chubb, and a 23-year career at PricewaterhouseCoopers, where he served ... Read the full article
Net loss of $2.2mn for RLI Corp in Q2 results
21st July 2022
US property and casualty insurer RLI Corp. has reported a net loss of $2.2 million in the second quarter of 2022, compared to net earnings of $81.8 million from the same period last year. The company’s operating earnings for the quarter were $67.4 million, a major increase from the $49.9 million ... Read the full article
RLI names two new leaders
10th May 2022
US property and casualty insurer RLI Corp. has appointed two leaders to new roles. The company has announced that Donald Johnson has been promoted to Vice President, RLI Professional Services Group, and that Bret Stone has joined the company as Vice President, Data & Analytics. In his new role, Johnson will have ... Read the full article
RLI corp announces two senior promotions
13th December 2021
US property and casualty insurer RLI Corp. has announced the promotion of Brian Schick to the new role of Vice President, Surety and Thomas Ward to the role of Assistant Vice President, Risk Services. In Schick’s new role, he will have executive leadership and oversight responsibility for RLI’s Contract, Miscellaneous and ... Read the full article
RLI announces Kliethermes as President & CEO, Klobnak as COO
11th November 2021
RLI Corp. has confirmed that its Board of Directors has appointed Craig Kliethermes as its new President and Chief Executive Officer (CEO) and Jennifer Klobnak as Chief Operating Officer (COO), effective January 1st, 2022. The leadership changes come as RLI prepares for the retirement of current company Chairman and CEO, Jonathan ... Read the full article
RLI grows underwriting incoming in Q2 as premiums up 25%
22nd July 2021
US property and casualty insurer RLI Corp. has reported improved underwriting income during the second quarter of 2021, despite an overall decrease in net earnings. Net earnings came to $81.8 million for the quarter, compared to $92.2 million for the same period last year, mostly due to lower unrealized gains. But operating ... Read the full article
RLI Corp. makes several leadership appointments
5th March 2021
US property and casualty insurer RLI Corp. has made several leadership appointments as part of the company's growth plan. Eric Raudins, Vice President, Personal Lines, has been promoted to Senior Vice President, Transactional Insurance Solutions, and will oversee RLI’s Personal Lines and Commercial Transactional Insurance Solutions products. With 37 years of industry ... Read the full article
RLI Corp announces succession plan for CEO Jonathan Michael
18th November 2020
US property and casualty insurer RLI Corp. has announced its succession plan for current Chief Executive Officer Jonathan Michael. Michael announced that he will retire as CEO, effective December 31, 2021, a position he has held since 2001. He has served as Chairman of the Board since 2011 and will remain in that capacity ... Read the full article
RLI Corp promotes two product leaders to VP
4th November 2020
US property and casualty insurer RLI Corp. has announced that it has promoted two product leaders to Vice President, both roles will take place effective immediately. Blake A. Ahrens, Assistant Vice President, Marine has been promoted to Vice President, Inland Marine. In his new role, he will continue to lead RLI’s ... Read the full article
RLI hires new Vice President of E&S Property
18th August 2020
US property and casualty insurer, RLI Corp., has announced the promotion of Jonathan Ward to Vice President, E&S Property. In this role, Ward takes on responsibility for leading RLI’s E&S Property Group, which offers comprehensive commercial property and difference in conditions coverages for commercial risks. He will be succeeding John Stenhouse, who ... Read the full article
RLI posts $92mn Q2 earnings, 88.4% combined ratio
23rd July 2020
US property and casualty insurer RLI has reported second quarter net earnings of $92.2 million, compared to $40.5 million for Q2 2019. Operating earning for the quarter were $34.8 million, compared to $29.7 million for the same period in 2019. RLI achieved $24.2 million of underwriting income on an 88.4% combined ratio, compared ... Read the full article
RLI Transportation partners with IoT firm to enhance loss control resources
12th February 2020
RLI Transportation, a division of specialty insurer RLI Corp., has partnered with an Industrial Internet of Things (IoT) firm, Samsara, to provide relevant customers with enhanced loss control resources. Samsara, which boasts a growing suite of solutions, is a provider of sensors and software designed to manage vehicle fleets and industrial ... Read the full article
Reserve release boosts RLI to $16.5m Q4 underwriting income
23rd January 2020
US property and casualty (P&C) insurer RLI has beniftted from a $16.2 million reserve release in the fourth quarter of 2019. This reserve release largely accounts for RLI’s reported Q4 underwriting income of $16.5 million, a $2.8 million increase from the previous quarter. RLI posted a 92.4 combined ratio, compared to a ... Read the full article
RLI enters excess liability binding authority partnership with Gridiron
22nd October 2019
US property and casualty (P&C) insurer RLI Corp. has entered into a new partnership with Gridiron Insurance Underwriters to offer RLI's excess liability binding authority insurance through Easy Excess. The Easy Excess platform is Gridiron's dedicated online wholesale excess liability portal, which allows appointed producers to quote, bind and issue excess ... Read the full article
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