US p/c insurer RLI Corp...
... saw H1 net income nearly halved to $32.3m from the year-earlier $64.1m, as largely reflecting a swing to $27.8m in realized investment losses from year-ago gains of $11.8m. Net earned premiums fell 7.5% to $248.2m, while claim losses dropped by 11.3% to $110m, generating underwriting income of $40.3m, down 8.1%. The Illinois-based group’s combined ratio rose a tenth of a point to 83.7%.