Old Republic International Q3 2023 Earnings Report

Old Republic International EPS Results

• Actual EPS: $0.72
• Consensus EPS: $0.63
• Beat/Miss: Beat by +$0.09
• One Year Ago EPS: N/A

Old Republic International Revenue Results

• Actual Revenue: $1.95 billion
• Expected Revenue: $1.89 billion
• Beat/Miss: Beat by +$59.65 million
• YoY Revenue Growth: N/A

Old Republic International Announcement Details

• Quarter: Q3 2023
• Date: 10/26/2023
• Time: N/A

Old Republic International (NYSE:ORI), through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. It operates through three segments: General Insurance, Title Insurance, and Republic Financial Indemnity Group Run-off Business. The General Insurance segment offers aviation, commercial auto, commercial multi-peril, commercial property, general liability, home and auto warranty, inland marine, travel accident, and workers' compensation insurance products; and financial indemnity products for specialty coverages, including errors and omissions, fidelity, directors and officers, and surety. This segment provides its insurance products to businesses, state and local government, and other institutions in transportation, commercial construction, healthcare, education, retail and wholesale trade, forest products, energy, general manufacturing, and financial services industries. The Title Insurance segment offers lenders' and owners' policies to real estate purchasers and investors based upon searches of the public records. This segment also provides escrow closing and construction disbursement services; and real estate information products, national default management services, and various other services pertaining to real estate transfers and loan transactions. The Republic Financial Indemnity Group Run-off Business segment offers private mortgage insurance coverage that protects mortgage lenders and investors from default related losses on residential mortgage loans made primarily to homebuyers. Old Republic International Corporation was founded in 1923 and is based in Chicago, Illinois.