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Sep 30, 2022

Old Republic Q3 2022 Earnings Report

Old Republic's Q3 2022 results were reported, with pretax income excluding investment losses at $257.5 million, and a consolidated combined ratio of 91.4%.

Key Takeaways

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%.

Pretax income, excluding investment gains (losses), was $257.5 million for the quarter.

General Insurance pretax operating income increased by 15%.

Title Insurance pretax operating income decreased by 46%.

The consolidated combined ratio was 91.4%.

Total Revenue
$2.1B
Previous year: $2.21B
-4.9%
EPS
$0.68
Previous year: $0.79
-13.9%
General Insurance Combined Ratio
90%
Previous year: 91.3%
-1.4%
Title Insurance Combined Ratio
93.7%
Previous year: 89%
+5.3%
Consolidated Combined Ratio
91.4%
Previous year: 89.8%
+1.8%
Gross Profit
$1.72B
Previous year: $2.01B
-14.5%
Cash and Equivalents
$102M
Previous year: $11.7B
-99.1%
Total Assets
$24.9B
Previous year: $25B
-0.2%

Old Republic

Old Republic

Old Republic Revenue by Segment

Forward Guidance

No specific forward guidance was provided in the document.

Revenue & Expenses

Visualization of income flow from segment revenue to net income