RLI Corp. (NYSE:RLI) Q3 2023 Earnings Call Transcript

Scott Heleniak: Okay. And then just my last one was a comment that was made about — I think it was on the property book, there was some signs of increased competition from mid-market carriers. And I was wondering if you might be able to give a little more detail on that. Is — are you just seeing that from one or two in certain areas, certain regions? Or — just curious if you can share anything more on that.

A – Jennifer Klobnak:

Scott Heleniak: Okay. I appreciate that. Thanks.

Operator:

Craig Kliethermes: Thank you, everyone, for joining today. The financial results we reported yesterday reflects our organizational resiliency. Consistent profitability and top line growth are a testament to our diversified specialty product portfolio, our deep underwriting and claim expertise in our chosen markets and a willingness to prudently lean into disruption where we understand the exposures and the market environment. We grow with the opportunities and with investments in talented experts and deep relationships. We don’t see growth simply for growth’s sake, and we don’t run away from markets we serve with the first large loss. Our disciplined commitment to make the best long-term decisions for our customers and our shareholders has served us well and is a differentiator of our culture and our organization.

I’m proud of our associate owners’ effort and the unique ownership model we have maintained, we are committed to being different because being different works. We look forward to visiting with you all next quarter.

Operator: Ladies and gentlemen, if you wish to access the replay for this call, you may do so by dialing 1-866-813-9403 with an access code of 457397. This concludes our conference call for today. Thank you for participating, and have a nice rest of your day. All parties may now disconnect.