How has Craig Kliethermes's remuneration changed compared to RLI's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2025	n/a	n/a	US$353m
Jun 30 2025	n/a	n/a	US$323m
Mar 31 2025	n/a	n/a	US$281m
Dec 31 2024	US$7m	US$672k	US$346m
Sep 30 2024	n/a	n/a	US$420m
Jun 30 2024	n/a	n/a	US$338m
Mar 31 2024	n/a	n/a	US$334m
Dec 31 2023	US$5m	US$650k	US$305m
Sep 30 2023	n/a	n/a	US$288m
Jun 30 2023	n/a	n/a	US$714m
Mar 31 2023	n/a	n/a	US$634m
Dec 31 2022	US$5m	US$649k	US$583m
Sep 30 2022	n/a	n/a	US$581m
Jun 30 2022	n/a	n/a	US$170m
Mar 31 2022	n/a	n/a	US$254m
Dec 31 2021	US$5m	US$538k	US$279m
Sep 30 2021	n/a	n/a	US$268m
Jun 30 2021	n/a	n/a	US$281m
Mar 31 2021	n/a	n/a	US$291m
Dec 31 2020	US$3m	US$525k	US$157m
Sep 30 2020	n/a	n/a	US$127m
Jun 30 2020	n/a	n/a	US$117m
Mar 31 2020	n/a	n/a	US$65m
Dec 31 2019	US$3m	US$516k	US$192m

Compensation vs Market: Craig's total compensation ($USD6.62M) is about average for companies of similar size in the US market ($USD8.22M).

Compensation vs Earnings: Craig's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Craig Kliethermes (60 yo)

10yrs

Tenure

US$6,616,111

Compensation

Mr. Craig William Kliethermes, FCAS, MAAA, CPCU, serves as Chief Executive Officer at RLI Corp since January 01, 2022. He has been President at RLI Corp. since 2016 and served as its Chief Operating Office...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Craig Kliethermes	President	10yrs	US$6.62m	0.17% $ 9.7m
Aaron Diefenthaler	CFO, Chief Investment Officer & Treasurer	14yrs	US$1.24m	0.088% $ 5.1m
Jennifer Klobnak	Chief Operating Officer	4yrs	US$4.23m	0.15% $ 8.7m
Jeffrey Fick	Chief Legal Officer & Corporate Secretary	9.3yrs	US$1.08m	0.18% $ 10.5m
Kathleen Taylor	Vice President of Accounting & Branch Operations	7yrs	no data	no data
Lisa Gates	Vice President of Marketing & Communications	7yrs	no data	no data
Kathleen Kappes	Vice President of Human Resources	9.2yrs	no data	no data
Robert Handzel	Chief Claim Officer	7.7yrs	no data	no data
Eric Raudins	Senior Vice President of Underwriting	3yrs	no data	no data
Seth Davis	VP & Controller	6.5yrs	no data	0.033% $ 1.9m
Robert Schauer	President of RLI Marine	no data	no data	no data
Daniel Meyer	President of RLI Transportation	9.6yrs	no data	no data

7.7yrs

Average Tenure

55.5yo

Average Age

Experienced Management: RLI's management team is seasoned and experienced (7.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Craig Kliethermes	President	5yrs	US$6.62m	0.17% $ 9.7m
Michael Stone	Independent Director	13.4yrs	US$209.92k	0.47% $ 27.0m
Robert Restrepo	Independent Director	9.5yrs	US$209.92k	0.027% $ 1.5m
Susan S. Cabrera	Independent Director	7.4yrs	US$214.92k	0.0042% $ 239.0k
Jordan Graham	Independent Director	21.2yrs	US$204.92k	0.014% $ 802.6k
Paul Medini	Independent Director	3.2yrs	US$204.92k	0% $ 0
David Duclos	Independent Chairman of the Board	8.7yrs	US$309.66k	0.0079% $ 450.6k
Michael Angelina	Independent Director	12.1yrs	US$224.92k	0.026% $ 1.5m
Debbie Roberts	Independent Director	7.4yrs	US$199.92k	0.000050% $ 2.9k
Clark Kellogg	Independent Director	2yrs	US$199.92k	0.0016% $ 90.0k

8.0yrs

Average Tenure

64yo

Average Age

Experienced Board: RLI's board of directors are considered experienced (8 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/01/06 02:26
End of Day Share Price	2026/01/05 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

RLI Corp. is covered by 17 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Cullen Johnson	B. Riley Securities, Inc.
Matthew Carletti	Citizens JMP Securities, LLC
Casey Alexander	Compass Point Research & Trading, LLC

RLI Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

RLI Corp. Announces Chief Financial Officer Changes

RLI Corp. Promotes Cathy Martin to Vice President, E&S Excess Liability

RLI Corp., Annual General Meeting, May 13, 2025

Chief Operating Officer exercised options and sold US$1.4m worth of stock

Insider exercised options and sold US$672k worth of stock

Recent updates

Insufficient new directors

Third quarter dividend of US$2.16 announced

RLI Corp. Announces Chief Financial Officer Changes

Consensus EPS estimates increase by 13%

Now 20% undervalued after recent price drop

RLI Corp. Promotes Cathy Martin to Vice President, E&S Excess Liability

Price target decreased by 7.2% to US$69.00

Third quarter 2025 earnings: EPS and revenues exceed analyst expectations

RLI Corp: A Truly Elite Operator In The Specialty Insurance Industry

RLI Corp. to Report Q3, 2025 Results on Oct 20, 2025

Price target decreased by 8.4% to US$71.25

Second quarter dividend of US$0.16 announced

RLI Corp. Declares Regular Dividend, Payable on September 19, 2025

Consensus EPS estimates increase by 17%

Second quarter 2025 earnings: EPS and revenues exceed analyst expectations

Subdued Growth No Barrier To RLI Corp.'s (NYSE:RLI) Price

RLI Corp. to Report Q2, 2025 Results on Jul 21, 2025

First quarter dividend of US$0.16 announced

RLI Corp. Increases Regular Dividend, Payable on June 20, 2025

First quarter 2025 earnings: EPS and revenues miss analyst expectations

RLI Corp. to Report Q1, 2025 Results on Apr 23, 2025

RLI Corp., Annual General Meeting, May 13, 2025

Full year 2024 earnings: EPS misses analyst expectations

Fourth quarter dividend of US$0.15 announced

RLI Corp.: Competition Mounting In E&S

Price target decreased by 11% to US$82.80

Full year 2024 earnings: EPS misses analyst expectations

Here's Why RLI (NYSE:RLI) Has Caught The Eye Of Investors

Now 55% undervalued after recent price drop

RLI Corp. to Report Q4, 2024 Results on Jan 22, 2025

Chief Operating Officer exercised options and sold US$1.4m worth of stock

Upcoming dividend of US$4.29 per share

Insider exercised options and sold US$672k worth of stock

Third quarter dividend of US$4.29 announced

RLI Corp. Announces Regular Quarterly Dividend, Payable on December 20, 2024

RLI Corp.: A Resilient Dividend Champion Navigating 2024 With Strong Underwriting And Growth Potential

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

RLI Corp. to Report Q3, 2024 Results on Oct 21, 2024

Rising Claims And Competitive Rates Threaten Profit Margins In Insurance Sector

Chief Operating Officer exercised options and sold US$1.2m worth of stock

Upcoming dividend of US$0.29 per share

A 'RLI'able Dividend Champion

Second quarter dividend of US$0.29 announced

RLI Corp. Declares Third Quarter Regular Cash Dividend, Payable on September 20, 2024

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

RLI Corp. to Report Q2, 2024 Results on Jul 22, 2024

RLI Corp.: Results In Spite Of Expected Competition

Upcoming dividend of US$0.29 per share

First quarter dividend of US$0.29 announced

RLI Corp. Declares Second Quarter Regular Cash Dividend, Payable on June 20, 2024

Consensus EPS estimates increase by 34%

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

RLI Corp. to Report Q1, 2024 Results on Apr 22, 2024

RLI Corp., Annual General Meeting, May 02, 2024

RLI Corp.: Mounting Competition In Property, But No Alarms

Chairman of the Board exercised options and sold US$1.3m worth of stock

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of US$0.27 per share

Fourth quarter dividend of US$0.27 announced

RLI Corp. Announces Quarter Regular Cash Dividend for the Period from February 29, 2024, Payable on March 20, 2024

Full year 2023 earnings: EPS and revenues exceed analyst expectations

RLI Corp. to Report Q4, 2023 Results on Jan 24, 2024

RLI Corp. Announces Executive Changes

Chief Investment Officer & Treasurer exercised options and sold US$498k worth of stock

Upcoming dividend of US$2.27 per share at 2.2% yield

RLI Corp. Appoints Clark C. Kellogg to Board of Directors, Effective January 1, 2024

RLI Corp. Declares Regular Quarterly Cash Dividend, Payable on December 20, 2023

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

RLI Corp. Announces Retirement of Kaj Ahlmann from the Board of Directors