---
schema_version: "secwatch.filing_event.v1"
accession: "0000074260-25-000148"
form_type: "8-K"
ticker: "ORI"
cik: "0000074260"
company_name: "OLD REPUBLIC INTERNATIONAL CORP"
filed_at: "2025-10-24T23:59:59+00:00"
generated_at: "2026-05-17T02:23:47.421625+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Old Republic Q3 2025 net operating income $0.78/share, up 9.9%; premiums +8.1% to $2.09B

## Summary
- Net operating income (ex-investment gains) of $196.7M ($0.78/diluted share) vs $182.7M ($0.71) in Q3 2024.
- Consolidated net premiums and fees earned $2.09B, up 8.1% YoY; net investment income $182.6M, up 6.7%.
- Combined ratio 95.3% vs 95.0%; favorable prior-year reserve development improved to 2.5 points from 1.3 points.
- Book value per share $26.19, up 18.5% incl. dividends since Dec 2024; capital returned $115M ($71M dividends, $44M buybacks).
- Specialty Insurance combined ratio 94.8% (94.0% prior); Title Insurance combined ratio 96.4% (96.7% prior).

## SEC filing metadata
- accession: 0000074260-25-000148
- form_type: 8-K
- ticker: ORI
- cik: 0000074260
- company_name: OLD REPUBLIC INTERNATIONAL CORP
- filed_at: 2025-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/74260/000007426025000148/0000074260-25-000148-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/74260/000007426025000148/ori-20251023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000074260-25-000148
- JSON: https://secwatch.observer/filing/0000074260-25-000148.json
- Plain text: https://secwatch.observer/filing/0000074260-25-000148.txt

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