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Dec 31, 2022
Old Republic Q4 2022 Earnings Report
Old Republic reported pretax income, excluding investment gains (losses), of $300.6 million for the quarter and a consolidated combined ratio of 89.6%.
Key Takeaways
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.
Pretax income, excluding investment gains (losses), was $300.6 million for the quarter.
General Insurance pretax operating income rose 34.6% for the quarter.
Title Insurance pretax operating income decreased by 67.2% due to increasing mortgage interest rates.
Consolidated combined ratio was 89.6% for the quarter, driven by solid underwriting results.
Revenue by Segment
Forward Guidance
Old Republic expects revenues in Title Insurance to face headwinds into 2023 due to increasing mortgage interest rates.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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