Moody's affirms RLI

Moody's Investors Service announced that it has affirmed the Baa2 senior debt rating of RLI Corp. and the A2 insurance financial strength ratings of its principal insurance operating subsidiaries.

The outlook is stable.

According to Moody's, the A2 insurance financial strength ratings on RLI's insurance subsidiaries reflect the company's expertise in specialty admitted and excess and surplus lines business while other strengths include the company's disciplined and consistent underwriting track record, good capital adequacy, moderate financial leverage, and very strong interest coverage metrics.

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