The RLI Story slide image

The RLI Story

MEASUREMENTS OF OUR SUCCESS Combined Ratio Book Value Growth (2) Operating Return on Equity (2) Capital Management Reserve Consistency 27 consecutive years under 100 combined ratio (1) 18.0% average annual growth in book value per share (including dividends) 12.1% average OROE 48 consecutive years of increased dividends (May 2023) $476 million reserve releases since 2018 12 margin (points) by which we beat the industry (2) RLI 14 $759 million amount returned to shareholders since 2018 (1) As of Year End 2022 (2) Over the last 10 years as of 12/31/22
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