RLI Corp.
_________________________________________________________________________________
RLI Corp. - Company Capsule
Reference Code: FS0327CC
Published Date: April 2011
___________________________________________________________________________________________
RLI Corp. - Company Capsule Page 1
RLI Corp.
__________________________________________________________________________________________
RLI Corp. - Company Overview
RLI Corp. (RLI) is a US based company underwrites property and casualty insurance through its subsidiaries. The
company’s operations are carried through three insurance companies namely; RLI Insurance Company, Mt. Hawley
Insurance Company and RLI Indemnity Company. RLI through its RLI Insurance Company underwrites multiple lines
insurance; Mt. Hawley Insurance Company underwrites surplus lines insurance; and RLI Indemnity Company underwrites
multiple lines of insurance. Through the network of subsidiaries, the company writes multiple lines insurance in the US,
the District of Columbia, Puerto Rico, the Virgin Islands and Guam. The company carries out its business through three
business segments: Casualty, Property and Surety. RLI is headquartered in Peoria, Illinois, the US.
Financial Performance
The company reported revenue of US$546.55 million during the fiscal year ended December 2009. The company's
revenue declined at a compounded rate of 8.47% during the period 2007-2009 with an annual decline of 2.58% over fiscal
year 2008. During the fiscal year 2009, its operating margin was 24.23% as against an operating margin of 19% in fiscal
year 2008. During the fiscal year 2009, the company registered a net margin of 17.17% as against a net margin of 14.02%
in the fiscal year 2008.
RLI Corp. - Key Facts
RLI Corp., Key Facts
9025 North Lindbergh Drive,
Peoria, Illinois (IL), 61615, Ticker Symbol, Stock
Corporate Address: RLI (New York Stock Exchange)
Exchange
United States
Telephone + 1 309 6921000 No. of Employees 682
Fax + 1 309 6921068 Financial Year End December
URL www.rlicorp.com Revenue (in USD Million) 546.55
Industry Financial Services
Locations United States
Source: Annual Report, Company Website, Primary and Secondary Research
___________________________________________________________________________________________
RLI Corp. - Company Capsule Page 2
RLI Corp.
__________________________________________________________________________________________
RLI Corp. - Major Products and Services
RLI is a US based company focused on the underwriting of selected property and casualty insurance. Key products and
services offered by the company include the following:
RLI Corp., Major Products and Services
Products:
Business Insurance:
Casualty / Liability Insurance
Property Insurance
Target Market Specialists
Surety Bonds
Personal Insurance:
Personal Umbrella Policy - (PUP)
Home Business Insurance
Hawaii Homeowners
Source: Annual Report, Company Website, Primary and Secondary Research
___________________________________________________________________________________________
RLI Corp. - Company Capsule Page 3
RLI Corp.
__________________________________________________________________________________________
RLI Corp. - Key Competitors
The following companies are the major competitors of RLI Corp.:
ACE Limited
Markel Corporation
The Travelers Companies, Inc.
W. R. Berkley Corporation
The Chubb Corporation
___________________________________________________________________________________________
RLI Corp. - Company Capsule Page 4
RLI Corp.
__________________________________________________________________________________________
RLI Corp. - Key Employees
RLI Corp., Key Employees
Name Job Title Board Level Since Age
Aaron H. Jacoby Vice President, Corporate Development Senior Management 2003 38
Barbara R. Allen Director Non Executive Board 2006 57
Chief Information Officer, Vice
Carol J. Denzer Senior Management 2007 47
President
Charles M. Linke Director Non Executive Board 2003 72
Craig W. Kliethermes Senior Vice President, Risk Services Senior Management 2006 45
General Counsel, Secretary, Vice
Daniel O. Kennedy Senior Management 2006 45
President
Donald J. Driscoll Vice President, Claims Senior Management
F. Lynn McPheeters Director Non Executive Board 2000 67
Gerald D. Stephens Chairman Executive Board 2001 77
Gerald I. Lenrow Director Non Executive Board 1993 82
Jeffrey D. Fick Vice President, Human Resources Senior Management 2006 49
John E. Robison Chief Investment Officer, Treasurer Senior Management 2006 42
John T. Baily Director Non Executive Board 2003 66
President, Director, Chief Executive
Jonathan E. Michael Executive Board 2001 56
Officer
Jordan W. Graham Director Non Executive Board 2004 49
Senior Vice President, Chief Financial
Joseph E. Dondanville Senior Management 2002 53
Officer
Kaj Ahlmann Director Non Executive Board 2009 59
Michael J. Stone Chief Operating Officer, President Senior Management 2002 61
Richard H. Blum Director Non Executive Board 2000 71
Robert O. Viets Director Non Executive Board 1993 66
Seth A. Davis Vice President Senior Management
Todd W. Bryant Vice President, Controller Senior Management 2009 41
Source: Annual Report, Company Website, Primary and Secondary Research
___________________________________________________________________________________________
RLI Corp. - Company Capsule Page 5
RLI Corp.
__________________________________________________________________________________________
RLI Corp. - Locations and Subsidiaries
Head Office
RLI Corp.
9025 North Lindbergh Drive
Peoria
Illinois (IL)
Zip: 61615
United States
Tel: + 1 309 6921000
Fax: + 1 309 6921068
Other Locations & Subsidiaries
RLI Corp., Locations
19031 33rd Avenue West 3 Franklin Square
Lynnwood Saratoga Springs
Zip: 98036 Zip: 12866
United States United States
Tel: + 1 425 775 7