RLI

Assurant's Dividend Increase: Assurant, Inc. has raised its quarterly dividend from 80 cents to 88 cents per share, marking a 10% increase and the 21st consecutive year of dividend growth, with a yield of 1.41% based on recent stock prices.

Share Repurchase Program: The board has authorized a share buyback program of up to $700 million, in addition to the remaining $141 million from a previous authorization, demonstrating Assurant's commitment to returning value to shareholders.

Strong Financial Performance: Assurant reported a return on equity of 18.6%, surpassing the industry average of 15.3%, and expects to return $300 million to shareholders through share repurchases in 2025, supported by strong cash flows from its business segments.

Industry Comparisons: Other insurers like RLI Corp., American Financial Group, and First American Financial have also declared special dividends and increased their regular dividends, showcasing a trend of effective capital deployment to enhance shareholder value in the insurance sector.

CFO Retirement Announcement: Todd Bryant, Chief Financial Officer of RLI Corp., will retire on December 31, 2025, after over 30 years with the company, having served as CFO since 2019.

Successor Appointment: Aaron Diefenthaler, currently Chief Investment Officer & Treasurer, will take over as CFO effective January 1, 2026, with Bryant remaining in an advisory role until mid-2026 to ensure a smooth transition.

Leadership Acknowledgment: RLI Corp. President & CEO Craig Kliethermes praised Bryant for his strategic contributions and leadership, emphasizing the impact he has had on the company's culture and success.

Company Overview: RLI Corp. is a specialty insurer focused on niche markets, providing underwriting expertise and superior service, with all subsidiaries rated A+ "Superior" by AM Best Company.

Special Cash Dividend Announcement: RLI Corp. declared a special cash dividend of $2.00 per share, totaling approximately $184 million, alongside a regular quarterly dividend of $0.16 per share, both payable on December 19, 2025.

Commitment to Shareholder Value: RLI Corp. President & CEO Craig W. Kliethermes emphasized the company's strong balance sheet and commitment to long-term shareholder value, noting over $1.6 billion returned to shareholders in the past decade.

Company Overview: RLI Corp. is a specialty insurer focused on niche property, casualty, and surety markets, with a strong reputation for underwriting expertise and superior service, rated A+ "Superior" by AM Best Company.

Consistent Dividend History: RLI has a track record of paying and increasing regular dividends for 50 consecutive years and has achieved underwriting profits for 29 consecutive years.