Old Republic Earnings Reports

Old Republic International Corporation reported a 3.9% increase in pretax income, excluding investment gains, for the first quarter of 2024, driven by strong growth in General Insurance, partially offset by a decline in Title Insurance. Diluted net operating income per share rose by 9.8%.

Old Republic International Corporation reported a pretax income, excluding investment losses, of $237.1 million for the fourth quarter of 2023. The consolidated combined ratio was 93.3% for the quarter, and net premiums and fees earned decreased by 4.8%.

Old Republic reported pretax income, excluding investment losses, of $250.8 million for the third quarter of 2023. Title Insurance results declined due to higher mortgage interest rates, while General Insurance pretax operating income rose by 28.6%. The consolidated combined ratio was 91.9% for the quarter.

Old Republic reported a decrease in consolidated net premiums and fees earned, but an increase in net investment income. The company returned a significant amount of capital to shareholders through dividends and share repurchases. Book value per share grew, reflecting operating earnings less shareholder dividends.

Old Republic reported pretax income, excluding investment gains (losses), of $222.9 million for the quarter. General Insurance pretax operating income rose 35.6%, while Title Insurance results were negatively impacted by the effect of elevated mortgage interest rates. Solid General Insurance underwriting results led to a consolidated combined ratio of 92.7%.

Old Republic International Corporation reported solid underwriting results with General Insurance pretax operating income rising 34.6%, while Title Insurance pretax operating income decreased by 67.2%. The consolidated combined ratio was 89.6% for the quarter.

Old Republic reported pretax income, excluding investment gains (losses), of $257.5 million for the quarter. General Insurance pretax operating income rose 15%, while Title Insurance pretax operating income decreased by 46%. The consolidated combined ratio was 91.4%.

Old Republic's Q2 2022 results saw a decline in pretax income excluding investment gains, with General Insurance showing growth while Title Insurance was impacted by rising mortgage rates. However, both segments maintained solid underwriting results, contributing to a consolidated combined ratio of 90.9%.

Old Republic International Corporation reported a pretax income, excluding investment gains, of $237.5 million for the quarter. The consolidated combined ratio was 91.9%. Consolidated net premiums and fees earned was $1.9 billion, representing growth of 4.4% compared to the 2021 period.

Old Republic International Corporation reported a strong fourth quarter with record pretax income, excluding investment gains, driven by solid underwriting results in both General Insurance and Title Insurance. Consolidated combined ratios improved, and net premiums and fees earned saw significant growth.

Old Republic International Corporation reported strong growth in profitability for Q3 2021, driven by solid underwriting results in the General Insurance and Title Insurance businesses. Consolidated combined ratios improved, and net premiums and fees earned increased significantly. However, total and per share net income were impacted by fluctuations in the fair value of equity securities.

Old Republic International Corporation reported strong growth in profitability in the General Insurance and Title Insurance businesses for the second quarter of 2021. The consolidated combined ratio was 90.6%, and net premiums and fees earned increased by 29.1%.

Old Republic International Corporation reported strong first-quarter results driven by solid underwriting results in the General Insurance and Title Insurance businesses. The company's consolidated combined ratio improved to 90.9%, and net income excluding investment gains increased by 46.5%.

Old Republic International Corporation reported strong growth in the fourth quarter and full year net income, excluding investment gains and losses, driven by greater profitability in both the General and Title Insurance segments. The consolidated combined ratio improved to 90.3% for the fourth quarter and 93.3% for the full year. Net income was significantly impacted by changes in the fair value of equity securities.

Old Republic International Corporation reported increased net income, excluding investment gains, driven by higher profitability in the General and Title Insurance segments. The company's consolidated combined ratio improved, and book value per share rose. The COVID-19 pandemic continued to impact the U.S. economy, affecting premium and fee revenues in the General Insurance segment, while the Title Insurance segment experienced strong growth.

Old Republic International Corporation reported a net income of $397.7 million for the second quarter of 2020. The company's performance was influenced by stable results in the General Insurance segment, greater profitability in the Title Insurance segment, and increased claim costs in the RFIG Run-off business. The COVID-19 pandemic impacted premium and fee revenues in the General Insurance segment, while the Title Insurance segment saw strong growth.

Old Republic International Corporation reported a net loss of $604.8 million, or $2.01 per diluted share, due to significant declines in the fair value of equity securities. However, excluding investment gains or losses, net income was $140.8 million, or $0.47 per diluted share, representing a 15.8% increase. The Title Insurance segment drove the consolidated results.

Old Republic International Corporation reported a net income of $275.8 million for Q4 2019, driven by greater profitability in the Title Insurance segment. However, the total and per share net income were significantly impacted by changes in the fair value of equity securities.