David Duclos - RLI Corp Independent Director

RLI Stock  USD 75.14  0.91  1.20%   

Director

Mr. David B. Duclos is the Independent Director of RLI Corporationration Mr. Duclos brings years of experience with various companies related to the insurance and reinsurance industries. Most recently retired as CEO of QBE, North America in July, 2016. He was appointed to this position in April 2013 and is now serving as a NonExecutive Director on the Emerging Markets and Equator Re Boards. He retired December 2012 from XL Group, having served as Chief Executive of XL Insurance from January 2008 through December 2011. Mr. Duclos joined XL in October 2003 and served in several senior level underwriting and field operations roles, including running XLs global specialty business. From September 1999 through July 2003, Mr. Duclos was the President, Small Business Group of Kemper Insurance Company. Mr. Duclos was employed at Cigna Corporation from July 1979 through July 1999 in various underwriting and managerial positions. The positions included Branch Underwriting, Marketing Manager, Branch Executive, AVPField Operations, Region President and Specialty Business Leader. He served as a Director of RLI Corporationration from August 16, 2012 until February 26, 2013. He is a director of Maguire Academy of Insurance and Risk Management at Saint Josephs University, serves on the board of AAIS and is a former director of QBE Insurance Company of North America since 2017.
Age 63
Tenure 8 years
Address 9025 North Lindbergh Drive, Peoria, IL, United States, 61615
Phone309 692 1000
Webhttps://www.rlicorp.com
Duclos has a Bachelor’s degree in Business Administration from Eastern Illinois University and is a graduate of the Advanced Insurance Executive Education Program at the Wharton School of the University of Pennsylvania.

David Duclos Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Duclos against RLI Corp stock is an integral part of due diligence when investing in RLI Corp. David Duclos 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 0.0507 % which means that on every $100 spent on assets, it made $0.0507 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2356 %, implying that it generated $0.2356 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. The current Return On Tangible Assets is estimated to decrease to 0.03. The RLI Corp's current Return On Capital Employed is estimated to increase to -0.0047. As of now, RLI Corp's Other Current Assets are increasing as compared to previous years. The RLI Corp's current Intangibles To Total Assets is estimated to increase to 0.02, while Other Assets are projected to decrease to under 938.5 M.
RLI Corp has 100 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. Note however, debt could still be an excellent tool for RLI to invest in growth at high rates of return.

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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 28 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
Debbie Roberts, 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
Kathleen Kappes, Vice Resources
Susan Fleming, Independent Director
Todd Bryant, Chief Financial Officer, Vice President
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
FCAS CPCU, CEO President
Aaron Diefenthaler, Chief Investment Officer, Vice President, Treasurer
Aaron CFA, Chief Treasurer
Jeffrey Fick, Senior Vice President, Chief Legal Officer & Corporate Secretary
Robert Schauer, President Marine
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

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.

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:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RLI Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
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Is Property & Casualty Insurance space 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
(0.65)
Dividend Share
0.57
Earnings Share
3.74
Revenue Per Share
19.149
Quarterly Revenue Growth
0.013
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.