Loading...
•
Jun 30, 2022
Old Republic Q2 2022 Earnings Report
Old Republic reported pretax income, excluding investment gains (losses), of $262.8 million for the quarter. The decline compared to the 2021 periods is within expectations, with General Insurance pretax operating income increasing nearly 12%, while the effect of increasing mortgage interest rates reduced Title Insurance results.
Key Takeaways
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%.
Pretax income, excluding investment gains (losses), was $262.8 million for the quarter.
General Insurance pretax operating income increased nearly 12%.
Title Insurance results were reduced by increasing mortgage interest rates.
Consolidated combined ratio was 90.9% for the quarter.
Revenue by Segment
Forward Guidance
Some of the oral or written statements made in the Company's reports, press releases, and conference calls following earnings releases, can constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve assumptions, uncertainties, and risks that may affect the Company's future performance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...