RLI Corp RLI Balance Sheet

Rli corp (RLI)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
ASSETS
Investments:
Available-for-sale, at fair value (amortized cost of $1,912,851 and allowance for credit losses of $878 at 3/31/20) (amortized cost of $1,915,278 and allowance for credit losses of $0 at 12/31/19)
1,963	1,983	1,957	1,865	1,793	1,760	1,719	1,710	1,653	1,672	1,713	1,651	1,590	1,605	1,687	1,631	1,556	1,538	1,532	1,537	1,529	1,495	1,545	1,534	1,467	1,440	1,379	1,399	1,413	1,378	1,432	1,312	1,251	1,146	1,211	1,181	1,084	1,132	1,264	1,263	1,273
Held-to-maturity, at amortized cost (fair value - $0 in 2014 and $687 in 2013)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	5	11	11	91	161	260	318	285	299	309	278	226	210
Equity securities, at fair value (cost - $272,152 at 3/31/20 and $262,131 at 12/31/19)
356	460	428	421	388	340	394	386	378	400	393	387	383	369	382	398	389	375	369	391	391	410	419	436	426	418	392	416	407	375	402	406	406	388	331	329	335	321	301	272	262
Short-term investments, at cost which approximates fair value
-	-	5	-	44	11	18	-	-	9	11	18	13	5	8	13	19	6	58	10	16	16	10	18	37	23	22	10	3	30	82	65	58	23	155	173	111	39	133	113	104
Trading, at fair value (amortized cost - $0 in 2013 and $6 in 2012)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0
Other invested assets
53	70	59	55	54	51	38	36	35	33	25	25	24	24	24	24	25	20	10	11	11	11	11	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash
42	46	64	24	25	30	59	34	28	24	26	21	28	18	13	29	14	11	28	27	31	30	77	27	20	39	87	12	22	44	31	32	70	81	-	-	-	0	-	-	-
Total investments and cash
2,416	2,560	2,514	2,414	2,305	2,194	2,230	2,167	2,095	2,140	2,171	2,104	2,039	2,021	2,116	2,098	2,005	1,951	1,999	1,976	1,980	1,964	2,063	2,017	1,952	1,922	1,882	1,840	1,852	1,840	1,960	1,908	1,948	1,900	2,017	1,970	1,830	1,803	1,978	1,877	1,852
Bond issuance - proceeds receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	148	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued investment income
14	14	14	14	14	14	14	14	14	15	15	15	13	14	13	14	13	14	13	15	12	14	13	15	13	15	12	14	12	14	13	14	11	13	12	13	12	14	13	15	16
Premiums and reinsurance balances receivable, net of allowances for uncollectible amounts of $16,948 at 3/31/20 and $16,682 at 12/31/19
154	160	157	158	139	152	138	143	132	134	127	133	121	126	136	148	115	143	170	174	145	154	175	203	166	152	157	159	117	139	158	166	132	124	119	127	101	107	99	106	83
Ceded unearned premium
88	93	88	78	71	71	66	65	57	57	54	52	48	52	54	52	49	52	52	52	49	53	62	72	58	60	69	79	69	73	73	74	61	61	59	58	56	62	61	60	65
Reinsurance balances recoverable on unpaid losses and settlement expenses, net of allowances for uncollectible amounts of $8,539 at 3/31/20 and $9,402 at 12/31/19
366	384	382	362	364	364	320	315	308	301	291	280	271	288	292	289	297	297	317	328	336	335	353	339	353	354	360	339	338	359	336	321	324	353	341	332	348	354	337	361	336
Deferred policy acquisition costs
84	85	86	85	82	84	84	83	77	77	77	76	71	73	75	75	69	69	72	71	65	65	68	68	62	61	63	62	55	52	55	55	51	52	95	91	72	40	77	79	75
Property and equipment, at cost, net of accumulated depreciation of $64,322 at 3/31/20 and $62,703 at 12/31/19
52	53	52	53	54	54	55	56	56	55	55	56	56	54	53	52	49	47	45	43	42	42	42	42	42	40	36	34	31	27	25	20	19	20	19	19	18	18	18	18	19
Investment in unconsolidated investees
108	103	113	108	100	94	95	91	85	90	88	84	76	72	82	80	74	70	71	71	65	60	67	64	58	49	62	60	55	52	58	56	53	49	51	50	46	43	51	49	44
Goodwill and intangibles
54	54	54	54	54	54	54	54	54	59	59	60	64	64	64	64	72	71	72	72	72	72	74	74	74	74	75	75	75	76	59	60	60	60	60	56	26	26	26	26	26
Other assets
39	36	41	43	51	18	14	15	11	14	15	18	12	10	23	14	13	15	14	9	11	12	12	11	9	8	18	10	10	8	13	10	15	18	16	8	9	10	10	17	18
TOTAL ASSETS
3,378	3,545	3,505	3,375	3,236	3,105	3,073	3,007	2,894	2,947	2,956	2,881	2,777	2,777	2,913	2,892	2,759	2,735	2,829	2,815	2,780	2,775	2,933	2,908	2,791	2,740	2,886	2,675	2,620	2,644	2,754	2,689	2,678	2,654	2,794	2,730	2,522	2,480	2,673	2,612	2,538
Liabilities and Shareholders' Equity
Liabilities:
Unpaid losses and settlement expenses
1,574	1,574	1,557	1,506	1,479	1,461	1,377	1,343	1,303	1,271	1,253	1,183	1,152	1,139	1,150	1,123	1,121	1,103	1,140	1,142	1,150	1,121	1,152	1,127	1,141	1,129	1,135	1,111	1,111	1,158	1,134	1,109	1,121	1,150	1,179	1,173	1,173	1,173	1,170	1,183	1,146
Unearned premiums
516	540	532	513	482	496	483	482	444	451	443	436	412	433	449	445	407	422	432	430	388	401	429	444	390	392	416	429	374	369	384	385	340	341	361	363	292	301	319	328	312
Reinsurance balances payable
30	25	25	21	14	22	18	18	12	21	21	22	16	17	17	17	15	37	38	36	33	38	37	62	44	47	44	41	26	43	65	64	52	50	22	20	18	23	22	21	22
Funds held
80	83	78	76	74	72	73	68	67	74	75	75	74	72	77	72	54	54	54	54	53	51	53	59	58	61	64	57	59	56	57	59	111	110	109	98	-	32	-	-	-
Income taxes - deferred
26	56	55	50	39	24	38	36	40	53	84	79	72	64	85	86	76	63	60	68	79	82	77	81	68	57	54	51	68	55	63	50	43	37	-	-	-	21	-	-	-
Debt, notes payable due 2014
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	100	-	-	-	-	-	-	-	-	-	-	-	-	-
Bonds payable, long-term debt
149	149	149	149	149	149	149	149	148	148	148	148	148	148	148	148	148	148	149	149	149	149	149	149	149	149	150	-	100	-	100	100	100	100	100	100	100	100	100	100	100
Income taxes-deferred
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	31	36	37	-	41	25	24
Accrued expenses
27	66	47	41	28	45	45	38	26	52	35	35	27	51	40	39	33	55	47	40	33	63	52	40	34	59	49	34	34	49	45	36	42	58	55	50	27	42	32	26	41
Other liabilities
56	54	58	56	74	26	16	21	18	18	14	22	25	25	21	44	30	26	22	24	29	23	47	24	32	13	17	24	12	14	8	29	37	12	65	22	54	15	75	69	58
TOTAL LIABILITIES
2,462	2,550	2,505	2,415	2,342	2,298	2,201	2,158	2,061	2,093	2,077	2,003	1,929	1,954	1,991	1,978	1,887	1,911	1,946	1,947	1,918	1,930	1,999	1,989	1,921	1,911	2,032	1,851	1,786	1,848	1,859	1,835	1,850	1,862	1,926	1,865	1,703	1,711	1,761	1,753	1,706
Shareholders' Equity
Common stock ($0.01 par value, 100,000,000 shares authorized; 67,852,870 shares issued, 44,922,656 shares outstanding at 3/31/20; 67,799,229 shares issued, 44,869,015 shares outstanding at 12/31/19)
0	0	0	0	0	0	0	0	67	67	66	66	66	66	66	66	66	66	66	66	66	66	65	65	65	65	32	32	32	65	32	32	32	32	32	32	32	32	32	32	32
Paid-in capital
325	321	318	315	308	305	303	303	235	233	233	233	231	229	229	226	225	221	220	217	215	213	212	211	209	208	240	238	236	202	233	232	231	227	222	221	217	215	213	210	207
Accumulated other comprehensive earnings
39	52	57	42	14	-14	-22	-14	-6	157	153	144	134	122	157	164	145	123	122	138	163	171	161	173	153	136	125	127	160	143	155	133	128	117	89	104	101	95	105	74	77
Retained earnings
943	1,014	1,015	993	963	908	983	953	930	788	817	825	808	797	861	848	827	804	866	838	809	786	886	860	832	811	849	818	796	778	866	847	829	807	915	895	854	812	946	925	877
Deferred compensation
6	7	7	7	7	8	7	7	8	8	7	7	11	11	10	10	10	10	9	14	-13	-13	-11	-11	-11	-11	-10	-10	-10	-11	-10	-9	-9	-10	-8	-8	-8	-6	-6	-6	-7
Less: Treasury shares at cost (22,930,214 shares at 3/31/20 and 12/31/19)
399	400	400	400	400	401	400	400	401	401	400	400	404	404	403	403	403	403	402	407	406	406	404	404	404	404	403	403	403	404	403	402	402	403	401	397	394	392	392	390	370
TOTAL SHAREHOLDERS' EQUITY
915	995	999	959	894	806	871	849	832	853	879	877	847	823	922	913	872	823	883	867	861	845	933	919	869	828	854	824	833	796	894	853	828	792	867	864	819	769	912	858	832
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY
3,378	3,545	3,505	3,375	3,236	3,105	3,073	3,007	2,894	2,947	2,956	2,881	2,777	2,777	2,913	2,892	2,759	2,735	2,829	2,815	2,780	2,775	2,933	2,908	2,791	2,740	2,886	2,675	2,620	2,644	2,754	2,689	2,678	2,654	2,794	2,730	2,522	2,480	2,673	2,612	2,538