RLI Corp. - RLI- Profile

RLI Corp.. The Group's principal activity is to underwrite selected property and casualty insurance products through its subsidiaries. It operates its business through branch offices located in different parts of the world. The commercial property coverage insurance includes earthquake, wind, flood, collapse coverage and marine division. It writes coverage for a wide range of commercial and industrial risks such as office buildings, apartments, condominiums, certain industrial and mercantile structures and movable equipment. The casualty segment includes liability products where loss and related settlement expenses must be estimated, as the ultimate disposition of claims may take several years to fully develop. The surety segment offers a selection of small and medium-size commercial products related to the statutory requirement for bonds on energy-related projects. Underwrites selected property and casualty insurance products