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Stock impact report

RLI Corp. (RLI): A Good Property and Casualty Insurance Stock To Consider Now? [Yahoo! Finance]

RLI Corp. (DE) (RLI) 
Last rli corp. (de) earnings: 4/21 04:10 pm Check Earnings Report
US:NYSE Investor Relations: rlicorp.com/investors
Company Research Source: Yahoo! Finance
Property and casualty (P&C) insurers face the hardest market mainly because of the increasing expenses, large claims payouts, and price-shopping policyholders. To revive the growth, they are required to shift to a more proactive strategy and exploit new developments and opportunities available in auto, homeowners', and renters' insurance. With several insurers posting sound profitability in 2023, and in response to some notable improvements in the reinsurance market, the insurance market in 2Q 2024 was growth-oriented yet disciplined. Insurer strategies were focused on underwriting and pricing for profitability and program stability. As we approach the mid-point of the decade, the property & casualty insurance industry continues to see significant transformation led by technological advancements, fluctuating consumer preferences, and evolving regulatory landscapes. Property & Casualty Insurance is expected to leverage digital technologies to enhance customer experience. This will Show less Read more
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