RLI posts 30th straight underwriting profit; issues $300M debt, pays $2 special dividend

Filed July 24, 2026 · Period ending June 30, 2026 · Compared to 10-Q Jul 24, 2025 · ~2 min read

Key Changes

• high

  Issued $300M of 10-year senior notes at 5.375% in March 2026, increasing total debt from $100M to $297M and raising debt-to-capital from 5% to 14%.

  MD&A: Debt Issuance verify on EDGAR →
• high

  Paid $2.00 per share special dividend in June 2026 alongside raising regular quarterly dividend 12.5% to $0.18, marking 51st consecutive year of dividend increases.

  MD&A: Special Dividend verify on EDGAR →
• high

  Repurchased $12.0M of stock under new $250M buyback authorization approved May 2026, resuming capital return after no repurchases in prior year.

  MD&A: Share Repurchase verify on EDGAR →