Public D&O rate increases moderated in Q1: RLI’s Kliethermes
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Public D&O rate increases moderated in Q1: RLI’s Kliethermes

RLI logo with Craig Kliethermes .jpg

Price increases remained strong in the first quarter, RLI president Craig Kliethermes said on Thursday, in many instances remaining in double digits, but the executive noted there had been signs of rate moderation in public D&O, where price gains have been in the double digits for three years running.

Kliethermes was speaking to analysts on the company’s earnings call after RLI reported first quarter earnings, in which written premiums rose 20% from the year before and underwriting income climbed to $30mn.

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