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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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, Aug. 13, 2021 /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 22 cents per common share.  This dividend is payable on September 15, 2021 to shareholders of record on September 1, 2021.

Old Republic Declares Regular 22 Cent Third Quarter Cash Dividend

CHICAGO, Aug. 13, 2021 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced the issuance of a Special Report that addresses important Enterprise Risk Management principles and practices pertaining to: Insurance Underwriting Risk, Capital Management, and Corporate Governance Policies and Practices. The Report reflects our Board of Directors' business judgement position relative to these matters.

Old Republic Issues Special Report on Enterprise Risk Management

CHICAGO, Aug. 2, 2021 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced changes within the senior management ranks of its home service contract subsidiary, Old Republic Home Protection (ORHP). Gwen Gallagher has decided to retire from her long-standing position as ORHP's President.

Old Republic Announces Senior Management Changes at Old Republic Home Protection

Old Republic International's (ORI) CEO Craig Smiddy on Q2 2021 Results - Earnings Call Transcript

Old Republic (ORI) delivered earnings and revenue surprises of 46.00% and 24.87%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Old Republic International (ORI) Tops Q2 Earnings and Revenue Estimates

CHICAGO, July 22, 2021 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today reported the following consolidated results (a): OVERALL RESULTS Quarters Ended June 30, Six Months Ended June 30, 2021 2020 % Change 2021 2020 % Change Pretax income (loss) $ 396.0 $ 499.1 $ 1,026.6 $ (270.8) Pretax investment gains (losses) 120.9 346.7 496.4 (597.4) Pretax income (loss) excluding investment gains (losses) $ 275.0 $ 152.4 80.4 % $ 530.2 $ 326.6 62.3 % Net income (loss) $ 316.4 $ 397.7 $ 818.5 $ (207.0) Net of tax investment gains (losses) 95.5 273.8 391.3 (471.7) Net income (loss) excluding investment gains (losses) $ 220.9 $ 123.8 78.4 % $ 427.2 $ 264.6 61.4 % PER DILUTED SHARE Quarters Ended June 30, Six Months Ended June 30, 2021 2020 % Change 2021 2020 % Change Net income (loss) $ 1.05 $ 1.34 $ 2.72 $ (.69) Net of tax investment gains (losses) 0.32 0.92 1.30 (1.58) Net income (loss) excluding investment gains (losses) $ 0.73 $ 0.42 73.8 % $ 1.42 $ .89 59.6 % SHAREHOLDERS' EQUITY June 30, Dec. 31, 2021 2020 % Change Total $ 6,778.6 $ 6,186.6 9.6 % Per Common Share $ 22.59 $ 20.75 8.9 % ________ (a) All amounts in this report are stated in millions except common stock data and percentages. This year's second quarter and first half consolidated pretax income, excluding investment gains or losses continued to show strong growth in profitability in the General Insurance and Title Insurance businesses.

Old Republic Reports Results For The Second Quarter And First Half 2021

Old Republic (ORI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Old Republic International (ORI) Earnings Expected to Grow: Should You Buy?

CHICAGO, July 8, 2021 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — today announced that it will hold a conference call on Thursday, July 22, at 3:00 p.m. Eastern time to discuss results for the second quarter and first six months of 2021.

Old Republic International Announces Second Quarter 2021 Conference Call

Let's see if Old Republic (ORI) stock is a good choice for value-oriented investors right now from multiple angles.

Is Old Republic (ORI) a Worthy Value Investor Stock Now?

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Old Republic International's (ORI) unique combination of specialty property and casualty and Title franchises that offers diversification and solid capital position make it a good investment choice.

Should You Buy Old Republic International (ORI) Stock Now?

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CHICAGO, May 14, 2021 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced the following changes in its Accounting and Finance Executive Group. The changes are occasioned by Karl Mueller 's decision to retire as ORI's Chief Financial Officer, effective June 30, 2021.

Old Republic Announces Senior Management Change and Two Management Appointments in its Accounting and Finance Executive Group

CHICAGO, May 14, 2021 /PRNewswire/ -- The Board of Directors of Old Republic International Corporation (NYSE: ORI) declared a regular quarterly cash dividend of 22 cents per common share. This dividend is payable on June 15, 2021 to shareholders of record on June 4, 2021.

Old Republic Declares Second Quarter Cash Dividend Of 22 Cents Per Share

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Old Republic (ORI) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Old Republic (ORI) Hits 52-Week High, Can the Run Continue?

Old Republic International Corporation (ORI) CEO Craig Smiddy on Q1 2021 Results - Earnings Call Transcript

Old Republic (ORI) delivered earnings and revenue surprises of 53.33% and 15.43%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Old Republic International (ORI) Q1 Earnings and Revenues Beat Estimates

CHICAGO, April 22, 2021 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today reported the following consolidated results (a): OVERALL RESULTS Quarters Ended March 31, 2021 2020 % Change Pretax income (loss) $ 630.6 $ (769.9) Pretax investment gains (losses) 375.4 (944.1) Pretax income (loss) excluding investment gains (losses) $ 255.1 $ 174.2 46.5 % Net income (loss) $ 502.1 $ (604.8) Net of tax investment gains (losses) 295.7 (745.6) Net income (loss) excluding investment gains (losses) $ 206.3 $ 140.8 46.5 % PER DILUTED SHARE Quarters Ended March 31, 2021 2020 % Change Net income (loss) $ 1.68 $ (2.01) Net of tax investment gains (losses) .99 (2.48) Net income (loss) excluding investment gains (losses) $ .69 $ .47 46.8 % SHAREHOLDERS' EQUITY March 31, Dec. 31, 2021 2020 % Change Shareholders' equity: Total $ 6,451.8 $ 6,186.6 4.3 % Per Common Share $ 21.59 $ 20.75 4.0 % ________ (a) All amounts in this report are stated in millions except common stock data and percentages. This year's first quarter consolidated pretax income, excluding investment gains or losses continued to show strong growth in profitability in the General Insurance and Title Insurance businesses.

Old Republic Reports Results For The First Quarter 2021

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Financial Strength Rating (FSR) to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “aa-” from “a+” of Old Republic National Title Insurance Company (Tampa, FL) and American Guaranty Title Insurance Company (Oklahoma City, OK) (collectively referred to as Old Republic Title Insurance Group [ORTIG]). Concurrently, AM Best has affirmed the FSR of A+ (Superior) and the Long-Term ICRs of “aa-” of me

AM Best Upgrades Credit Ratings of Members of Old Republic Title Insurance Group; Affirms Credit Ratings of Other Subsidiaries of Old Republic International Corporation

CHICAGO, April 15, 2021 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today announced that Lisa Jeffries Caldwell (60) has joined its Board of Directors as of April 15, 2021. She has concurrently been appointed to the Board's Compensation, and Governance and Nominating Committees, as well as to the Directorship of ORI's major regulated insurance underwriting subsidiaries.

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