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.

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MetLife, American International, Prudential Financial, The Hartford Financial and Old Republic International have been highlighted in this Industry Outlook article.

Zacks Industry Outlook MetLife, American International, Prudential Financial, The Hartford Financial and Old Republic International

Better pricing, product redesigns, technological advancement, high inflation and interest rate rise are expected to aid multiline insurers like MET, AIG, PRU, HIG and ORI.

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Insurers like HCI Group (HCI), NMI Holdings (NMIH), Reinsurance Group of America (RGA) and Old Republic International (ORI) outperform the industry, the sector and the S&P 500 composite and look poised to retain the rally.

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

Should You Add Old Republic (ORI) Stock for Better Returns?

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The recent surge in analyst coverage for stocks such as Mission Produce (AVO), iRobot (IRBT) and Old Republic (ORI) indicates the potential for significant price appreciation in the near term.

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Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Old Republic International (ORI) have what it takes?

Why Old Republic International (ORI) is a Top Dividend Stock for Your Portfolio

CHICAGO , May 17, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today announced its Board of Directors has declared a regular quarterly cash dividend of 26.5 cents per common share. This dividend is payable on June 14, 2024 to shareholders of record on June 4, 2024.

OLD REPUBLIC DECLARES SECOND QUARTER REGULAR CASH DIVIDEND OF 26.5 CENTS PER SHARE

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Old Republic (ORI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Old Republic (ORI) Rating Upgrade to Buy

Old Republic International (ORI) is a Top Dividend Stock Right Now: Should You Buy?

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Although the revenue and EPS for Old Republic (ORI) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Old Republic (ORI) Q1 Earnings: A Look at Key Metrics

Old Republic International (ORI) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.61 per share a year ago.

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

CHICAGO , April 25, 2024 /PRNewswire/ -- OVERALL RESULTS Quarters Ended March 31, 2024 2023 % Change Pretax income $    398.7 $    249.2 Pretax investment gains 167.1 26.2 Pretax income excluding investment gains $    231.5 $    222.9 3.9 % Net income $    316.7 $    199.8 Net of tax investment gains 132.0 20.6 Net income excluding investment gains $    184.7 $    179.2 3.1 % Combined ratio 94.3 % 92.7 % PER DILUTED SHARE Quarters Ended March 31, 2024 2023 % Change Net income $      1.15 $      0.68 Net of tax investment gains 0.48 0.07 Net income excluding investment gains $      0.67 $      0.61 9.8 % SHAREHOLDERS' EQUITY (BOOK VALUE) Mar. 31, Dec. 31, 2024 2023 % Change Total $ 6,400.9 $ 6,410.7 (0.2) % Per Common Share $    23.83 $    23.31 2.2 % ________ 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 (pretax operating income), of $231.5, an increase of 3.9% compared to the first quarter of last year, reflecting strong growth in General Insurance pretax operating income, partially offset by a decline in Title Insurance.

OLD REPUBLIC REPORTS RESULTS FOR THE FIRST QUARTER 2024

Beyond analysts' top -and-bottom-line estimates for Old Republic (ORI), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.

Unveiling Old Republic (ORI) Q1 Outlook: Wall Street Estimates for Key Metrics

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Multiline insurers like MetLife (MET), Prudential Financial (PRU), MGIC Investment (MTG), CNO Financial (CNO) and Old Republic (ORI), which have a solid dividend history, offer a breather amid volatility.

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Old Republic (ORI) is poised to grow on solid market presence, niche focus, low property catastrophe exposure in its General Insurance segment and a strong capital position.

Old Republic's (ORI) Solid Segmental Results Aid Amid Cost Woes

CHICAGO, April 11, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — today announced that it will report financial results for the first quarter of 2024 before the market opens on Thursday, April 25, and will hold a conference call at 3:00 p.m. Eastern time to discuss results.

OLD REPUBLIC INTERNATIONAL ANNOUNCES FIRST QUARTER 2024 EARNINGS CALL

CHICAGO , April 1, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced changes within the senior management ranks of Old Republic Aerospace. Old Republic Aerospace has named Gary Churchill (49) as President/Chief Operating Officer and Jeffrey Moitozo (56) as Executive Vice President/Chief Underwriting Officer, effective immediately.

OLD REPUBLIC ANNOUNCES SENIOR MANAGEMENT CHANGES AT OLD REPUBLIC AEROSPACE

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CHICAGO , March 18, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced Therace M. Risch (51) has joined its Board of Directors as of March 18, 2024.

OLD REPUBLIC ANNOUNCES THE ADDITION OF THERACE M. RISCH TO THE BOARD OF DIRECTORS

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CHICAGO, March 1, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today announced that its Board of Directors has authorized a $1.10 billion share repurchase program. The Company recently completed its previously announced $450 million share repurchase program authorization.

OLD REPUBLIC ANNOUNCES SHARE REPURCHASE AUTHORIZATION

News for Old Republic International Stock (ORI)