The estimated Net Worth of John Thomas Baily is at least $5.45 Millón dollars as of 4 May 2023. Mr. Baily owns over 643 units of RLI stock worth over $5,165,926 and over the last 21 years he sold RLI stock worth over $110,555. In addition, he makes $172,817 as Lead Independent Director at RLI.
John has made over 14 trades of the RLI stock since 2004, according to the Form 4 filled with the SEC. Most recently he exercised 643 units of RLI stock worth $96,122 on 4 May 2023.
The largest trade he's ever made was buying 10,000 units of RLI stock on 13 December 2021 worth over $150,000. On average, John trades about 489 units every 69 days since 2003. As of 4 May 2023 he still owns at least 34,557 units of RLI stock.
You can see the complete history of Mr. Baily stock trades at the bottom of the page.
John T. Baily serves as Lead Independent Director of the Company. Mr. Baily retired after serving as President of Swiss Re Capital Partners from 1999 through 2002. In this role, he was involved in investments and acquisitions in the insurance industry. He was previously the National Insurance Industry Chairman and Partner of the accounting firm of Coopers & Lybrand LLP (C&L) (now known as PricewaterhouseCoopers LLP) retiring in 1999 after 33 years, 23 years of which he was a partner. He served as Chairman of the C&L insurance practice for 13 years, where he was responsible for all of the firm’s services to the insurance industry (including audit, tax, actuarial, management consulting). He was also a member of C&L’s governing body, the U.S. Board of Partners. Mr. Baily serves on the boards of Endurance U.S. Specialty Holdings Corp., Golub Capital BDC, Inc., and its affiliates, is a member of the Pennsylvania Institute of CPA’s and the Connecticut Society of CPA’s, and is Chairman Emeritus of the Board of Albright College. He previously served on the boards of Erie Indemnity Company, NYMagic, Inc. and CIFG Holdings, Ltd. He has a Bachelor’s degree in Economics from Albright College and an MBA from the University of Chicago.
As the Lead Independent Director of RLI, the total compensation of John Baily at RLI is $172,817. There are 9 executives at RLI getting paid more, with Jonathan Michael having the highest compensation of $4,714,010.
John Baily is 75, he's been the Lead Independent Director of RLI since 2018. There are no older and 22 younger executives at RLI.
John's mailing address filed with the SEC is 9025, North Lindbergh Drive, Alta, Peoria, Peoria County, Illinois, 61615, United States of America.
Over the last 21 years, insiders at RLI have traded over $22,730,868 worth of RLI stock and bought 40,940 units worth $2,291,561 . The most active insiders traders include Jonathan E Michael, Michael J Stone y Calvin Jr Butler. On average, RLI executives and independent directors trade stock every 20 days with the average trade being worth of $1,580,408. The most recent stock trade was executed by Craig W Kliethermes on 29 August 2024, trading 17,500 units of RLI stock currently worth $1,324,050.
rli is a specialty insurance company that offers a diversified portfolio of property and casualty coverages and surety bonds serving niche or underserved markets. we combine profitable underwriting, solid investment returns and effective capital management to deliver consistent, long-term growth in shareholder value. rli has more than 850 employees in 50 locations across the united states. at rli, our talent distinguishes us and that makes us different. we hire smart people, including the best underwriters in the business, and then give them the resources and freedom to drive profitable growth. our niche, market-driven products exceed customer expectations; satisfying demands where other insurance companies do not compete. our vision for the future is to remain focused on building and managing a portfolio of innovative products and solutions that meet and surpass the expectations of shareholders. for more information, please visit www.rlicorp.com.
RLI executives and other stock owners filed with the SEC include: