From None: 2025-01-27 11:35:00

Jefferies analysts downgraded RLI Corp. (NYSE:RLI) from Buy to Underperform, with a new price target of $61, down from $95. Concerns over margins and growth potential drove the revision, with casualty lines and premium reductions in property business cited as key issues impacting earnings growth for 2025 and 2026.

Intensifying competition in specialty lines, subdued premium growth, and loss trend inflation pose additional challenges for RLI. Analysts anticipate a decline in the stock’s valuation multiple from 4x price-to-book ratio to below 3x, reflecting a less favorable outlook with an expected mid-teens return on equity.



Read more at None:: RLI Downgraded at Jefferies Amid Concerns Over Gro…