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Dec 31, 2023
Old Republic Q4 2023 Earnings Report
Old Republic's Q4 2023 financial performance was reported, showing a mix of results across its segments.
Key Takeaways
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%.
Consolidated combined ratio was 93.3% for the quarter.
Net premiums and fees earned decreased 4.8% for the quarter.
Net investment income increased 19.1% for the quarter.
Book value per share grew to $23.31, a 15.3% increase for the full year, inclusive of dividends.
Revenue by Segment
Forward Guidance
Old Republic's management focuses on achieving profitable underwriting results and maintaining financial strength. The company is managed for the long run, evaluating performance trends over 10-year intervals.
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
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