(RLI) RLI - Ratings and Ratios

RLI Corp (NYSE:RLI) is a leading specialty insurance holding company focused on underwriting property, casualty, and surety insurance products. The Casualty segment provides a wide range of coverages, including commercial excess liability, personal umbrella insurance, and general liability insurance. It also offers specialized coverages such as professional liability insurance for office-based professionals, workers compensation for small to medium-sized businesses, and environmental liability insurance for underground storage tanks and asbestos-related risks. Additionally, this segment provides commercial automobile liability and physical damage insurance for truckers, public transportation entities, and other specialty risks, along with management liability coverages like directors and officers liability insurance and employment practice liability insurance.

The Property segment specializes in commercial property insurance, offering excess and surplus lines, as well as specialty insurance products such as fire, earthquake, flood, and wind coverage. It also provides insurance for office buildings, apartments, condominiums, and industrial structures. This segment further extends to cargo, marine liability, inland marine, and homeowners insurance products.

The Surety segment offers a variety of surety bonds, including commercial surety bonds for medium and large businesses, small bonds for businesses and individuals, and contract bonds for small to medium-sized contractors. The company also provides reinsurance coverage and distributes its products through a network of branches and online platforms.

Ticker Symbol: RLI
Exchange: NYSE
Type: Common Stock
Country Origin: United States
GICS Sub Industry: Property & Casualty Insurance

3-Month Forecast:
Based on the technical and fundamental data, RLI Corp is expected to experience a period of consolidation. The stock is currently trading below its 20-day and 50-day moving averages, indicating near-term bearish momentum. However, the relatively stable ATR of 2.10 suggests moderate volatility. Fundamentally, while the companys market cap and return on equity (RoE) reflect its established position in the specialty insurance market, the high P/E ratio of 20.78 and forward P/E of 24.94 may signal elevated valuations. The stock is likely to remain range-bound, with potential support near the 200-day moving average of 76.84 and resistance at the 50-day moving average of 76.37.