Jonathan Michael - RLI Corp Chairman

RLI Stock  USD 142.03  2.12  1.47%   

Chairman

Mr. Jonathan E. Michael serves as Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Michael was Chairman of the Board since May 5, 2011 and President CEO of the Company since January 1, 2001. He was elected Chairman of the Board CEO of the Companys principal insurance subsidiaries January 1, 2002 since 2021.
Age 67
Tenure 3 years
Address 9025 North Lindbergh Drive, Peoria, IL, United States, 61615
Phone309 692 1000
Webhttps://www.rlicorp.com
Michael joined the Company in 1982 and has held various managerial and executive officer positions, including Controller, Vice President, Finance/Chief Financial Officer. Additionally, as Executive Vice President he was responsible for running the Company’s insurance operations for several years before becoming Chief Operating Officer in 1994. Prior to 1982, Mr. Michael was associated with Coopers & Lybrand LLP. He serves on the Board of Directors of investment management software maker SS&C Technologies Holdings, Inc., sunglass manufacturer Maui Jim, Inc, and business analytic technology firm TADA Cognitive Solutions, LLC. He is currently a member of the OSF St. Francis Medical Center Community Advisory Board, a member of the OSF Healthcare Foundation Board, a member of the Illinois Neurological Institute Advisory Board, Vice Chairman and member of Central Illinois Easter Seals Foundation Board of Trustees, and a member of the Bradley University Board of Trustees

Jonathan Michael Latest Insider Activity

Tracking and analyzing the buying and selling activities of Jonathan Michael against RLI Corp stock is an integral part of due diligence when investing in RLI Corp. Jonathan Michael insider activity provides valuable insight into whether RLI Corp is net buyers or sellers over its current business cycle. Note, RLI Corp insiders must abide by specific rules, including filing SEC forms every time they buy or sell RLI Corp'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

RLI Corp Management Efficiency

The company has Return on Asset of 0.0505 % which means that on every $100 spent on assets, it made $0.0505 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2363 %, implying that it generated $0.2363 on every 100 dollars invested. RLI Corp's management efficiency ratios could be used to measure how well RLI Corp manages its routine affairs as well as how well it operates its assets and liabilities. As of now, RLI Corp's Return On Tangible Assets are increasing as compared to previous years. The RLI Corp's current Return On Assets is estimated to increase to 0.07, while Return On Capital Employed is projected to decrease to 0. As of now, RLI Corp's Total Current Assets are increasing as compared to previous years. The RLI Corp's current Other Current Assets is estimated to increase to about 601.7 M, while Other Assets are projected to decrease to under 938.5 M.
The company has 114.88 M in debt with debt to equity (D/E) ratio of 0.15, which may show that the company is not taking advantage of profits from borrowing. RLI Corp has a current ratio of 1.4, which is typical for the industry and considered as normal. Debt can assist RLI Corp until it has trouble settling it off, either with new capital or with free cash flow. So, RLI Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like RLI Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for RLI to invest in growth at high rates of return. When we think about RLI Corp's use of debt, we should always consider it together with cash and equity.

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RLI Corp., an insurance holding company, underwrites property and casualty insurance in the United States and internationally. RLI Corp. was founded in 1965 and is headquartered in Peoria, Illinois. Rli Corp operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 890 people. RLI Corp (RLI) is traded on New York Stock Exchange in USA. It is located in 9025 North Lindbergh Drive, Peoria, IL, United States, 61615 and employs 1,099 people. RLI Corp is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

RLI Corp Leadership Team

Elected by the shareholders, the RLI Corp's board of directors comprises two types of representatives: RLI Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of RLI. The board's role is to monitor RLI Corp's management team and ensure that shareholders' interests are well served. RLI Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, RLI Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
CPCU CPA, Chief Officer
Robert Handzel, Chief Officer
Michael Angelina, Independent Director
Thomas Brown, CFO, Vice President Treasurer
Debbie Roberts, Independent Director
Gerald Lenrow, Independent Director
Lisa Gates, Vice Communications
Kaj Ahlmann, Independent Director
Robert Restrepo, Independent Director
Bryan Fowler, CIO, Vice President
Seth Davis, Vice President Controller
Eric Raudins, Senior Underwriting
Betsy McLaughlin, Vice President Chief Claim Counsel
Kathleen Kappes, Vice Resources
Susan Fleming, Independent Director
Todd Bryant, Chief Financial Officer, Vice President
Charles Linke, Lead Independent Director
Daniel Kennedy, VP and General Counsel
David Duclos, Independent Director
Craig Kliethermes, Senior Vice President - Risk Services of the Company’s principal insurance subsidiaries
Kathleen Taylor, Vice Operations
Paul Simoneau, VP Lines
James Scanlan, Director
FCAS CPCU, CEO President
Aaron Diefenthaler, Chief Investment Officer, Vice President, Treasurer
Aaron CFA, Chief Treasurer
Lynn McPheeters, Independent Director
Aaron Jacoby, VP, Corporate Development
Barbara Allen, Independent Director
Jeffrey Fick, Senior Vice President, Chief Legal Officer & Corporate Secretary
Jonathan Michael, Chairman of the Board, President, Chief Executive Officer
Michael Stone, Director, Member of Fin. and Investment Committee, Member of Strategy Committee and President of RLI Indemnity Company and President of Mt. Hawley Insurance Company and President of Contractors Bonding and Insurance Company and President of RLI Insurance Company
Calvin Butler, Independent Director
Jordan Graham, Independent Director
John Baily, Lead Independent Director
Jennifer Klobnak, Senior Vice President - Operations of the Company’s principal insurance subsidiaries
Robert Viets, Independent Director

RLI Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is RLI Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards RLI Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, RLI Corp's short interest history, or implied volatility extrapolated from RLI Corp options trading.

Currently Active Assets on Macroaxis

When determining whether RLI Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RLI Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rli Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rli Corp Stock:
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When running RLI Corp's price analysis, check to measure RLI Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RLI Corp is operating at the current time. Most of RLI Corp's value examination focuses on studying past and present price action to predict the probability of RLI Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RLI Corp's price. Additionally, you may evaluate how the addition of RLI Corp to your portfolios can decrease your overall portfolio volatility.
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Is RLI Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RLI Corp. If investors know RLI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RLI Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.288
Dividend Share
1.08
Earnings Share
7.24
Revenue Per Share
34.884
Quarterly Revenue Growth
0.219
The market value of RLI Corp is measured differently than its book value, which is the value of RLI that is recorded on the company's balance sheet. Investors also form their own opinion of RLI Corp's value that differs from its market value or its book value, called intrinsic value, which is RLI Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RLI Corp's market value can be influenced by many factors that don't directly affect RLI Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RLI Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if RLI Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RLI Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.