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- RLI ( RLI ) Q3 2026 Earnings Call Transcript
RLI Corp. (NYSE:RLI) reported third-quarter results with a consolidated combined ratio of 86.2%, up from 85.1% a year earlier, and gross premiums written rose 2% to $522.2 million, led by the Casualty segment. GAAP net EPS was $0.88 versus $1.35, mainly reflecting changes in the value of equity securities, while operating EPS rose 4.9% to $0.86. Net investment income climbed 13.1% to $46.7 million on higher yields from new investment-grade fixed income purchases, and favorable prior-year reserve development contributed $22.9 million. Catastrophe losses were modest at $3.8 million, and management noted that competition intensified in excess liability and commercial transportation. Book value per share reached $18.49, up 10% from year-end 2025 after adjusting for dividends and share repurchases.
- W . R . Berkley ( WRB ) Q3 2026 Earnings Call Transcript
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- W . R . Berkley Reports $446 Million in Third - Quarter Net Income to Common Stockholders
W. R. Berkley reported third-quarter net income to common stockholders of $446 million, down from a year earlier, while operating income and Insurance underwriting profit both rose. Operating income climbed to $456.5 million from $440.2 million, and net investment income rose to $383.5 million from $351.2 million. Net investment results swung from a $79 million gain to an $18.3 million loss. The Insurance segment generated $237.7 million in pretax underwriting income, up 10.6%, and the consolidated GAAP combined ratio was 90.8%. Over the first nine months, shareholders received $728.6 million in capital returns, including $435.1 million in share repurchases.
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- Travelers ( TRV ) Q3 2026 Earnings Call Transcript
Travelers reported third-quarter core income of $1.947 billion, or $9.18 per diluted share, with a combined ratio of 86.8% and a core return on equity of 22.1%. After-tax net investment income rose 7% to $908 million, and the company returned $1.8 billion to shareholders through $1.5 billion in buybacks and $261 million in dividends. Catastrophe losses totaled $538 million, mainly from wind and hail in the Central U.S., while prior-year reserve development was a net favorable $234 million, partly offset by a $295 million charge for asbestos reserves. Management warned that lawsuit abuse keeps pressuring liability losses, and expects the full-year expense ratio to stay slightly below 29% as higher variable compensation rises with strong results.
- The Travelers Companies, Inc. Q3 2026 Earnings Call Summary
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