---
schema_version: "secwatch.filing_event.v1"
accession: "0000074260-24-000005"
form_type: "8-K"
ticker: "ORI"
cik: "0000074260"
company_name: "OLD REPUBLIC INTERNATIONAL CORP"
filed_at: "2024-01-25T23:59:59+00:00"
generated_at: "2026-06-06T18:47:14.322297+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Old Republic Q4 operating income down 21%; Title premiums fall 23% amid rate headwinds

## Summary
- Q4 pretax operating income $237.1M, down 21.1% YoY; diluted operating EPS $0.69 vs $0.80.
- Full-year pretax operating income $938.4M, down 11.4%; combined ratio 92.6% vs 91.0%.
- Title Insurance net premiums fell 22.8% in Q4 and 33.2% for full year due to higher mortgage rates.
- General Insurance premiums grew 10.6% in Q4; net investment income up 19.1%.
- Definitive agreement to sell mortgage insurance business to Arch Capital; $45.6M loss on sale recorded in Q4.

## SEC filing metadata
- accession: 0000074260-24-000005
- form_type: 8-K
- ticker: ORI
- cik: 0000074260
- company_name: OLD REPUBLIC INTERNATIONAL CORP
- filed_at: 2024-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/74260/000007426024000005/0000074260-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/74260/000007426024000005/ori-20240125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000074260-24-000005
- JSON: https://secwatch.observer/filing/0000074260-24-000005.json
- Plain text: https://secwatch.observer/filing/0000074260-24-000005.txt

## Key facts
- Earnings Releases
  OLD REPUBLIC INTERNATIONAL CORP reported the quarter ended December 31, 2023 results: revenue $1,743.6, net income $190.6, EPS $0.69.
  - Period: the quarter ended December 31, 2023
  - Revenue: $1,743.6
  - Net income: $190.6
  - EPS: $0.69
  - Result: reported results
  source text: HIGHLIGHTS Quarters Ended December 31, Years Ended December 31, SUMMARY INCOME STATEMENTS: 2023 2022 % Change 2023 2022 % Change Revenues: Net premiums and fees earned $ 1,743.6 $ 1,830.6 (4.8) % $ 6,707.7 $ 7,675.3 (12.6) % Net investment income 155.1 130.2 19.1 578.3 459.5 25.8 Other income 42.0 36.2 16.1 163.1 149.9 8.8 Total operating revenues 1,940.8
  evidence_url: https://www.sec.gov/Archives/edgar/data/74260/000007426024000005/0000074260-24-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.