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Last updated: 6 May 2024 at 4:18pm EST

David Duclos Net Worth




The estimated Net Worth of David B. Duclos is at least $1.13 Million dollars as of 2 May 2024. Mr. Duclos owns over 732 units of RLI stock worth over $957,184 and over the last 12 years he sold RLI stock worth over $0. In addition, he makes $170,009 as Independent Director at RLI.

Mr. Duclos RLI stock SEC Form 4 insiders trading

David has made over 6 trades of the RLI stock since 2019, according to the Form 4 filled with the SEC. Most recently he exercised 732 units of RLI stock worth $109,427 on 2 May 2024.

The largest trade he's ever made was exercising 792 units of RLI stock on 2 May 2019 worth over $118,396. On average, David trades about 189 units every 87 days since 2012. As of 2 May 2024 he still owns at least 6,403 units of RLI stock.

You can see the complete history of Mr. Duclos stock trades at the bottom of the page.





David Duclos biography

David B. Duclos serves as Independent Director of the Company. Mr. Duclos retired as CEO of QBE, North America in July 2016, which position he was appointed to in April 2013. He currently is serving as a Non-Executive Director on the QBE Equator Reinsurances Limited and Blue Ocean Limited 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 XL’s 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, AVP-Field Operations, Region President and Specialty Business Leader. He previously served as a Director of RLI Corp. from August 16, 2012 until February 26, 2013. Mr. Duclos brings 40 years of experience with various companies related to the insurance and reinsurance industries. Mr. Duclos has broad global reinsurance and insurance expertise, and executive management experience. Mr. 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.

What is the salary of David Duclos?

As the Independent Director of RLI, the total compensation of David Duclos at RLI is $170,009. There are 11 executives at RLI getting paid more, with Jonathan Michael having the highest compensation of $4,714,010.



How old is David Duclos?

David Duclos is 62, he's been the Independent Director of RLI since 2017. There are 6 older and 16 younger executives at RLI. The oldest executive at RLI Corp. is John Baily, 75, who is the Lead Independent Director.

What's David Duclos's mailing address?

David's mailing address filed with the SEC is 9025, North Lindbergh Drive, Alta, Peoria, Peoria County, Illinois, 61615, United States of America.

Insiders trading at RLI

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, and 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.



What does RLI do?

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.



What does RLI's logo look like?

RLI Corp. logo

Complete history of Mr. Duclos stock trades at RLI

Date
#
Company
 Insider
Trans.
Transaction
 Shares Price per share Total value Shares after Source
2 May 2024 RLI RLI Corp. David B. Duclos
Option 732 $143.15 $104,786
2 May 2024
6,403 ↗
4 May 2023 RLI RLI Corp. David B. Duclos
Option 643 $136.59 $87,827
4 May 2023
5,501 ↗
5 May 2022 RLI RLI Corp. David B. Duclos
Option 663 $116.60 $77,306
5 May 2022
4,551 ↗
6 May 2021 RLI RLI Corp. David B. Duclos
Option 536 $113.02 $60,579
6 May 2021
2,528 ↗
4 May 2020 RLI RLI Corp. David B. Duclos
Option 605 $73.26 $44,322
4 May 2020
3,697 ↗
2 May 2019 RLI RLI Corp. David B. Duclos
Option 792 $82.66 $65,467
2 May 2019
2,526 ↗


RLI executives and stock owners

RLI executives and other stock owners filed with the SEC include: