---
schema_version: "secwatch.filing_event.v1"
accession: "0000074260-25-000092"
form_type: "8-K"
ticker: "ORI"
cik: "0000074260"
company_name: "OLD REPUBLIC INTERNATIONAL CORP"
filed_at: "2025-04-25T23:59:59+00:00"
generated_at: "2026-05-23T06:21:37.047032+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Old Republic Q1 operating EPS up 21% to $0.81; combined ratio improves to 93.7%

## Summary
- Operating income (ex-investment gains) $201.7M, up 9.2% YoY; diluted operating EPS $0.81 vs $0.67, +20.9%.
- Net premiums earned $1.841B, +12.1% driven by rate increases and new business; Specialty combined ratio 89.8%.
- Consolidated combined ratio 93.7% from 94.3%; favorable prior-year reserve development added 2.6 points.
- Book value per share $24.19, up 7.2% incl. dividends; returned $93M to shareholders via dividends and buybacks.
- Title Insurance combined ratio improved to 102.1% from 102.5%; pretax operating income up 84% to $4.3M.

## SEC filing metadata
- accession: 0000074260-25-000092
- form_type: 8-K
- ticker: ORI
- cik: 0000074260
- company_name: OLD REPUBLIC INTERNATIONAL CORP
- filed_at: 2025-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/74260/000007426025000092/0000074260-25-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/74260/000007426025000092/ori-20250424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000074260-25-000092
- JSON: https://secwatch.observer/filing/0000074260-25-000092.json
- Plain text: https://secwatch.observer/filing/0000074260-25-000092.txt

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