RLI Corp. (NYSE: RLI) –RLI’s A+ (Superior) rating has been reaffirmed by
A.M. Best. As one of the insurance industry's leading rating agencies,
A.M. Best confirmed its rating for all of RLI's insurance subsidiaries
-- RLI Insurance Company, Mt. Hawley Insurance Company, and RLI
Indemnity Company.
In its release, A.M. Best attributed RLI’s rating to “superior
capitalization, outstanding long-term operating profitability and
financial flexibility.” Best also cited RLI’s “strict underwriting
discipline and rate adequacy” as the driving forces behind its
“excellent history.”
RLI is a specialty insurance company serving “niche” or underserved
markets. With a diverse portfolio of property and casualty coverages and
surety bonds, it has achieved an underwriting profit in 28 of the last
32 years, including the last 13. RLI and subsidiaries – RLI Insurance
Company, Mt. Hawley Insurance Company and RLI Indemnity Company – are
rated A+ "Superior" by A.M. Best Company and A+ "Strong" by Standard &
Poor's. RLI operates in all 50 states from office locations across the
country.
For additional information, contact RLI Treasurer John Robison at (309)
693-5846 or at john.robison@rlicorp.com
or visit our website at www.rlicorp.com.
RLI Corp.
John Robison
(309) 693-5846
John.Robison@rlicorp.com
www.rlicorp.com
