Therace M. Risch
appointed Ms. Therace M. Risch as a Class 2 director to fill the vacancy created as a result of the Board size increase, effective March 18, 2024.
Highest-materiality recent filing
Old Republic Q2 net income up 58% to $322M; operating EPS down 9% to $0.76
Net income $322.3M vs $204.4M; net operating income $186.0M vs $209.2M (down 11%).
ECM members approved conversion to stock company and acquisition by Old Republic.
Old Republic Q1 net income $330M beats last year; operating EPS falls 15% to $0.68
Net income of $330M ($1.32 diluted EPS) vs $245M ($0.98) YoY; net operating income of $170.5M ($0.68) down 15.4%.
Old Republic Q4 net operating income down 18.6%; combined ratio worsens to 96.0%
Q4 net operating income per diluted share $0.74 vs $0.90 YoY, a decline of 17.8%.
Old Republic declares $2.50 special dividend, returns $620M to shareholders
Special cash dividend of $2.50 per share declared, payable Jan 14, 2026 to holders of record Jan 2, 2026.
Old Republic Q3 2025 net operating income $0.78/share, up 9.9%; premiums +8.1% to $2.09B
Net operating income (ex-investment gains) of $196.7M ($0.78/diluted share) vs $182.7M ($0.71) in Q3 2024.
Old Republic authorizes $750M share repurchase program, succeeding $1.1B program
Board authorized new $750M buyback program; will start after completing ~$162M left under prior $1.10B program announced March 2024.
Old Republic Q2 net operating EPS $0.83 (+9.2%); Title insurance combined ratio worsens to 99.0%
Net operating EPS $0.83 (up 9.2%); net income $204.4M vs $91.8M last year (boosted by lower investment losses).
Old Republic Q1 operating EPS up 21% to $0.81; combined ratio improves to 93.7%
Operating income (ex-investment gains) $201.7M, up 9.2% YoY; diluted operating EPS $0.81 vs $0.67, +20.9%.
Old Republic Q4 operating EPS $0.90, up 30% YoY; special dividend $2.00
Q4 diluted EPS from operations $0.90 (up 30.4% vs $0.69); net income EPS $0.42 (vs $0.69).
Old Republic declares $2.00 special dividend; has returned over $1.7B in last 2.5 years
Special cash dividend of $2.00 per share payable Jan 15, 2025, to holders of record Jan 3, 2025; returning ~$500M to shareholders.
Old Republic Q3 operating EPS $0.71 vs $0.72; combined ratio 95.0% on lower reserve development
Q3 pretax operating income $229.2M, down 8.6% YoY; diluted operating EPS $0.71 vs $0.72.
Old Republic Q2 pretax operating income $253.8M (+11.6%); diluted EPS ex gains $0.76 (+22.6%)
Pretax operating income $253.8M, up 11.6% YoY; net income ex investment gains $202.4M, up 12.7%.
Old Republic completes sale of run-off mortgage insurance business to Arch Capital
Sale of run-off mortgage insurance business to Arch Capital Group Ltd. closed June 3, 2024.
ORI Q1 pretax operating income rises 3.9% to $231.5M; diluted EPS ex gains up 9.8%
Diluted net operating income per share $0.67, up 9.8% YoY.
Regular quarterly dividend of $0.265/share payable March 21, 2024 to holders of record March 11, 2024.
Old Republic Q4 operating income down 21%; Title premiums fall 23% amid rate headwinds
Q4 pretax operating income $237.1M, down 21.1% YoY; diluted operating EPS $0.69 vs $0.80.
Old Republic sells run-off mortgage business to Arch Capital for ~$140M
Total consideration ~$140M; ORI also expects $25M final Q4 dividend from subsidiary.
Old Republic Q3 pretax op income $250.8M, down 2.6%; Title Insurance weak, General strong
Pretax income excluding investment losses of $250.8M (down 2.6% YoY); diluted EPS $0.72 (up 5.9%).
Old Republic reports Q2 operating earnings down 14.6%; Title insurance revenue slides 37%
Diluted EPS ex investment losses $0.62 (down 10.1%); net income ex losses $179.6M vs $210.2M.
Old Republic Q1 operating EPS $0.61, down 3%; Title premiums plunge 42%
Net income excluding investment gains $179.2M ($0.61 diluted EPS), down 6.6% YoY.
Old Republic Q4 pretax op income ex-invest gains down 10.3%; Title profits plunge 67.2%
Q4 2022 pretax operating income ex-investment gains $300.6M vs $335.1M (-10.3%); adj. diluted EPS $0.80 vs $0.88 (-9.1%).
Old Republic Q3 net loss $91.7M on investment losses; operating EPS down 13.9%
Net loss $91.7M ($0.31 diluted loss); adjusted operating net income $206.1M ($0.68 diluted), down 14.3% YoY.
Old Republic declares regular $0.23 dividend, $1 special dividend, and $450M buyback
Regular quarterly cash dividend of $0.23 per share payable Sept 15, 2022 to holders of record Sept 1.
Old Republic Q2 adjusted EPS dips 5.5% to $0.69; GAAP net loss of $0.13 on $317M investment losses
Pretax operating income (ex-investment gains/losses) $262.8M in Q2, down 4.4% from $275.0M YoY; combined ratio 90.9%.
ORI Q1 adj. EPS $0.63 (-8.7%); Title Insurance profit down 21.9% on rate hikes
Net income excluding investment gains fell to $191.7M ($0.63 diluted) from $206.3M ($0.69), down 8.7% YoY.
Old Republic reports record Q4 pretax op income $335M, EPS $0.88; FY $1.16B
Diluted EPS ex-investment gains: Q4 $0.88 (+17.3%), FY $3.08 (+37.5%).
appointed Ms. Therace M. Risch as a Class 2 director to fill the vacancy created as a result of the Board size increase, effective March 18, 2024.
Rande K. Yeager, Executive Chairman of Old Republic National Title Holding Company, will retire effective June 30, 2023.
Arnold Steiner, who was not slated for re-election, will not continue as a director following the end of his three-year term that expires at the Annual Meeting.
appointed J. Eric Smith as a Class 1 director to fill the vacancy created as a result of the Board size increase.
increased the size of the Board from 13 to 14 directors (“Board size increase”) and elected Ms. Barbara Adachi as a Class 3 director to fill the vacancy created as a result of the Board size increase, effective December 16, 2021.
On October 27, 2021, Aldo C. Zucaro resigned from the Old Republic International Corporation (the “Company”) board of directors and as Chairman of the Board, effectively immediately.
the Board has appointed Spencer LeRoy III as Chairman of the Board
Max materiality 0.80 · Median 0.62 · Most common event earnings