Old Republic International

Old Republic International Corp. is a holding company, which engages in the business of insurance underwriting. It operates through the following segments: General Insurance, Title Insurance, and Republic Financial Indemnity Group (RFIG) Run-off Business. The General Insurance segment offers property and liability insurance to commercial clients. The Title Insurance segment includes issuance of policies to real estate purchasers and investors. The Republic Financial Indemnity Group Run-off Business segment consists of mortgage guaranty and consumer credit indemnity operations. The company was founded in 1923 and is headquartered in Chicago, IL.

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Earnings data Q4 2024

Old Republic International reports strong 2022 performance amidst Title Insurance challenges

Old Republic International (ORI) delivered a strong financial performance in 2022, driven by General Insurance growth and favorable reserve development.
While facing challenges in Title Insurance due to market conditions, the company is proactively addressing issues and focusing on strategic adjustments.
With a commitment to shareholder value and a focus on commercial opportunities and technology enhancements, Old Republic International (ORI) aims to navigate market challenges and drive future growth.

Old Republic reports solid Q1 earnings, navigates Title Insurance challenges

Old Republic International (ORI) delivered a strong performance in Q1 2023, with robust operating income and shareholder returns, despite challenges in Title Insurance.
The company's prudent financial management, new product offerings, and strategic focus position it well for continued growth and value creation.
Management's proactive approach to addressing challenges and capitalizing on opportunities underscores Old Republic's resilience and commitment to long-term success.

Old Republic International reports strong Q2 performance amidst sector challenges

Old Republic International demonstrated robust financial performance in Q2 2023, driven by General Insurance's strong underwriting results and favorable reserve development.
While facing challenges in Title Insurance due to economic headwinds, the company remains optimistic about profitable growth opportunities in General Insurance.
Capital management discussions highlighted a commitment to enhancing shareholder value through returns, signaling a proactive approach to financial stewardship.

Old Republic International reports strong Q3 performance amidst sector challenges

Old Republic International delivered a robust performance in Q3 2023, driven by General Insurance's strong underwriting results. While facing challenges in Title Insurance, the company's overall financial health remains solid. Opportunities exist for ORI to leverage its strengths, manage challenges effectively, and capitalize on growth prospects.

Old Republic International reports strong Q4 earnings and strategic investments

Old Republic International's Q4 2023 performance reflects a robust financial position, marked by strong operating income and favorable loss development. While facing challenges in certain segments, the company's strategic investments and commitment to shareholder value present opportunities for growth and efficiency improvements.
The upcoming closure of run-off mortgage insurance operations signals a shift towards optimizing core operations, while ongoing technology investments in Title Insurance demonstrate a forward-looking approach to enhancing competitiveness and operational effectiveness.

Old Republic International reports robust Q1 performance amidst market challenges

Old Republic International delivered a strong performance in Q1 2024, particularly in General Insurance, while facing challenges in Title Insurance.
The company's focus on shareholder returns, stable investment portfolio, and growth in premiums position it well for future opportunities.
ORI's strategic outlook remains positive for General Insurance growth, indicating a resilient business model and potential for continued success.

Old Republic International (ORI) reports robust Q2 performance and eyes growth opportunities

Old Republic International (ORI) delivered a strong financial performance in Q2 2024, driven by growth in pretax operating income and net operating income.
The company's focus on investment portfolio management, favorable loss reserve development, and operational effectiveness were key strengths.
Challenges from external factors and areas for improvement in expense ratios and underwriting were identified, alongside opportunities for growth and enhanced shareholder value.
Overall, management's optimism for the future, coupled with strategic initiatives and technological investments, positions ORI for continued success and competitiveness.

Old Republic International reports Q3 challenges and growth opportunities

Old Republic International (ORI) faced challenges in Q3 2024, with a decrease in pretax operating income compared to the previous year.
Despite challenges, the company demonstrated strengths in favorable loss reserve development and increased net written premiums in General Insurance.
Opportunities for growth exist in managing loss reserves, navigating market challenges, and optimizing investment strategies for enhanced profitability.
Overall, Old Republic International (ORI) remains resilient, focusing on addressing challenges and leveraging strengths to drive future performance.

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Old Republic International Corp. is a holding company, which engages in the business of insurance underwriting. It operates through the following segments: General Insurance, Title Insurance, Republic Financial Indemnity Group (RFIG) Run-Off, and Corporate and Other. The General Insurance segment provides property and liability insurance primarily to commercial clients. The Title Insurance segment is involved in the issuance of policies to real estate purchasers and investors based upon searches of the public records which contain information concerning interests in real property. The RFIG Run-Off segment focuses on mortgage guaranty and consumer credit indemnity operations. The Corporate and Other segment includes a small life and accident insurance business. The company was founded in 1923 and is headquartered in Chicago, IL.

CHICAGO , May 12, 2023 /PRNewswire/ --  Old Republic International Corporation (NYSE: ORI) — today announced its Board of Directors has declared a regular quarterly cash dividend on the common stock of 24.5 cents per common share. This dividend is payable on June 15, 2023 to shareholders of record on June 5, 2023.

OLD REPUBLIC DECLARES SECOND QUARTER REGULAR CASH DIVIDEND OF 24.5 CENTS PER SHARE

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The Taxable Account generated $1,760.46 of dividend income for April 2023 compared with $1,609.40 of dividend income for April 2022. The Taxable Account had a balance of $523.4K as of April 30, 2023, vs. $522.7K on April 30, 2022. The annualized cost basis yield is 5.38%.

The Retirees' Dividend Portfolio: John And Jane's April 2023 Taxable Account Update

Companies that raise their dividends consistently can outperform the broader market. Old Republic International has raised its dividend for 42 consecutive years.

It's Not Too Late to Buy This Powerhouse Dividend Stock

CHICAGO , May 1, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced that after 36 years of dedicated service to Old Republic, Rande Yeager, Executive Chairman of Old Republic National Title Holding Company (ORNTHC), will retire, effective June 30, 2023. In making this announcement, Craig Smiddy, ORI's President and CEO, noted that "Rande's 48 year career in the title insurance industry has been marked by exemplary leadership, strategic vision, and a relentless commitment to advancing the title insurance industry.

OLD REPUBLIC ANNOUNCES RETIREMENT OF RANDE YEAGER

Old Republic International Corporation (ORI) Q1 2023 Earnings Call Transcript.

Old Republic International Corporation (ORI) Q1 2023 Earnings Call Transcript

Old Republic International (ORI) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.63 per share a year ago.

Old Republic International (ORI) Q1 Earnings Top Estimates

CHICAGO , April 27, 2023 /PRNewswire/ -- OVERALL RESULTS Quarters Ended March 31, 2023 2022 % Change Pretax income $   249.2 $   382.6 Pretax investment gains 26.2 145.1 Pretax income excluding investment gains $   222.9 $   237.5 (6.1) % Net income $   199.8 $   306.3 Net of tax investment gains 20.6 114.5 Net income excluding investment gains $   179.2 $   191.7 (6.6) % Combined ratio 92.7 % 91.9 % PER DILUTED SHARE Quarters Ended March 31, 2023 2022 % Change Net income $      0.68 $      1.00 Net of tax investment gains 0.07 0.37 Net income excluding investment gains $      0.61 $      0.63 (3.2) % SHAREHOLDERS' EQUITY (BOOK VALUE) Mar. 31, Dec. 31, 2023 2022 % Change Total $ 6,331.9 $ 6,173.2 2.6 % Per Common Share $   21.91 $   21.07 4.0 % ________ All amounts in this report are stated in millions except where noted, common stock data and percentages.   Old Republic International Corporation (NYSE: ORI) today reported pretax income, excluding investment gains (losses), of $222.9 for the quarter.

OLD REPUBLIC REPORTS RESULTS FOR THE FIRST QUARTER 2023

CHICAGO , April 13, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — today announced that it will report financial results for the first quarter of 2023 before the market opens on Thursday, April 27, and will hold a conference at 3:00 p.m. Eastern time to discuss results.

OLD REPUBLIC INTERNATIONAL ANNOUNCES FIRST QUARTER 2023 CONFERENCE CALL

CHICAGO , April 4, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced the appointment of Kivin Jones as Senior Vice President – Chief Human Resource Officer. In this newly created role, Mr.

OLD REPUBLIC ANNOUNCES APPOINTMENT OF KIVIN JONES AS SENIOR VICE PRESIDENT

CHICAGO , April 3, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced that it is forming a new underwriting subsidiary to provide insurance solutions to lawyers. The new company, Old Republic Lawyers Specialty Insurance, Inc. (ORLSI), will focus on providing professional liability coverages for lawyers and will be led by Michael Furlong as President.

OLD REPUBLIC ANNOUNCES FORMATION OF A NEW LAWYERS SPECIALTY INSURANCE COMPANY

This is an evaluation of likely coming stock prices, not an appraisal of ORI's product line or management's competitive abilities. Those are already evaluated by big-$ investment analysts and portfolio. Importantly, the 37 times in 5 years ORI had this balance of Reward~Risk appraisals by Market-Making professionals it only took 10 market days to reach their forecast upside price target.

Old Republic International: Exceptional Short-Term Capital Gain Buy Prospect

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Old Republic (ORI) stands to gain from higher premiums in commercial auto, financial indemnity and property coverages and a solid balance sheet.

Reasons Why Old Republic (ORI) Stock is a Solid Pick Now

CHICAGO , March 17, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced J. Eric Smith (65) has joined its Board of Directors as of March 17, 2023.

OLD REPUBLIC ANNOUNCES THE ADDITION OF J. ERIC SMITH TO THE BOARD OF DIRECTORS

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The Taxable Account generated $1,850.78 of dividend income for February 2023 compared with $1,493.49 of dividend income for February 2022. The Taxable Account had a balance of $533.4K as of February 28, 2023, vs. $530.1K on February 28, 2022. The annualized cost basis yield is 5.23%.

The Retirees' Dividend Portfolio: John And Jane's February 2023 Taxable Account Update

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CHICAGO , Feb. 23, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — today announced its Board of Directors has declared a regular quarterly cash dividend on the common stock of 24.5 cents per common share. This dividend is payable on March 15, 2023 to shareholders of record on March 6, 2023.

OLD REPUBLIC DECLARES FIRST QUARTER REGULAR CASH DIVIDEND OF 24.5 CENTS PER SHARE

Does Old Republic International (ORI) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Old Republic International (ORI) is a Great Choice

Old Republic (ORI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Moving Higher for Old Republic (ORI): Time to Buy?

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Best Momentum Stock to Buy for February 1st

Old Republic International Corporation (NYSE:ORI ) Q4 2022 Results Conference Call January 26, 2023 3:00 PM ET Company Participants Joe Calabrese - IR Craig Smiddy - President and CEO Frank Sodaro - CFO Carolyn Monroe - President, Title Insurance Conference Call Participants Greg Peters - Raymond James Matt Carletti - JMP Securities Paul Newsome - Piper Sandler Operator Good afternoon. My name is Chris, and I'll be your conference operator today.

Old Republic International Corporation (ORI) Q4 2022 Earnings Call Transcript

Old Republic (ORI) delivered earnings and revenue surprises of 63.27% and 1.90%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Old Republic International (ORI) Q4 Earnings and Revenues Top Estimates

CHICAGO , Jan. 26, 2023 /PRNewswire/ -- OVERALL RESULTS Quarters Ended December 31, Years Ended December 31, 2022 2021 % Change 2022 2021 % Change Pretax income $   649.0 $ 789.4 $   857.4 $ 1,922.1 Pretax investment gains (losses) 348.3 454.3 (201.1) 758.0 Pretax income excluding investment gains (losses) $   300.6 $ 335.1 (10.3) % $ 1,058.6 $ 1,164.0 (9.1) % Net income $   512.1 $ 627.0 $   686.4 $ 1,534.3 Net of tax investment gains (losses) 275.2 358.8 (158.6) 598.4 Net income excluding investment gains (losses) $   236.9 $ 268.2 (11.7) % $   845.1 $   935.9 (9.7) % Combined ratio 89.6 % 88.5 % 91.0 % 89.9 % PER DILUTED SHARE Quarters Ended December 31, Years Ended December 31, 2022 2021 % Change 2022 2021 % Change Net income $      1.73 $   2.06 $      2.26 $      5.05 Net of tax investment gains (losses) 0.93 1.18 (0.53) 1.97 Net income excluding investment gains (losses) $      0.80 $   0.88 (9.1) % $      2.79 $      3.08 (9.4) % SHAREHOLDERS' EQUITY (BOOK VALUE) Dec. 31, Dec. 31, 2022 2021 % Change Total $ 6,166.2 $ 6,893.2 (10.5) % Per Common Share $   21.05 $   22.76 (7.5) % ________ All amounts in this report are stated in millions except where noted, common stock data and percentages. Old Republic International Corporation (NYSE: ORI) today reported pretax income, excluding investment gains (losses), of $300.6 for the quarter and $1,058.6 for the full year 2022.

OLD REPUBLIC REPORTS RESULTS FOR THE FOURTH QUARTER AND FULL YEAR 2022

CHICAGO , Jan. 23, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today officially kicked-off the recognition of the 100 year anniversary of Old Republic. Under the banner of 100 Years of Excellence, this year-long celebration will provide an opportunity for us to engage with employees, customers and business partners to recognize our rich history and to mark the next chapter of serving specialty niches within the property & casualty and title insurance markets.

OLD REPUBLIC CELEBRATES 100 YEARS OF EXCELLENCE

Old Republic International has a long track record of shareholder returns. While it's been pressured by the down housing market, it's making the moves to emerge as a stronger enterprise.

Old Republic: An Old Reliable Income Generator

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