$ORI
OLD REPUBLIC INTERNATIONAL CORP
CIK:0000074260|SEC Filings
Consolidated Statements of Income - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||||||
|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Revenues: | ||||||||
| Net premiums earned | $ 2,024.4 | $ 1,926.7 | $ 3,937.7 | $ 3,709.6 | ||||
| Title, escrow, and other fees | 73.3 | 67.9 | 132.2 | 126.1 | ||||
| Total premiums and fees | 2,097.8 | 1,994.6 | 4,070.0 | 3,835.7 | ||||
| Net investment income | 182.0 | 171.5 | 360.1 | 342.2 | ||||
| Other income | 51.4 | 49.6 | 98.8 | 96.8 | ||||
| Total operating revenues | 2,331.3 | 2,215.8 | 4,528.9 | 4,274.9 | ||||
| Net investment gains (losses): | ||||||||
| Realized from actual transactions and impairments | 38.1 | (2.4) | 123.5 | 34.9 | ||||
| Equity Securities, FV-NI, Unrealized Gain (Loss) | 134.2 | (4.9) | 250.7 | 12.7 | ||||
| Total realized and unrealized investment gains (losses) | 172.4 | (7.3) | 374.3 | 47.7 | ||||
| Total revenues | 2,503.8 | 2,208.5 | 4,903.3 | 4,322.6 | ||||
| Expenses: | ||||||||
| Loss and loss adjustment expenses | [1] | 892.4 | 826.5 | 1,728.0 | 1,598.6 | |||
| Dividends to policyholders | [1] | 4.3 | 4.1 | 9.0 | 9.7 | |||
| Underwriting, acquisition, and other expenses | [1] | 1,170.2 | 1,099.9 | 2,298.2 | 2,110.7 | |||
| Interest and other charges | 26.5 | 17.6 | 44.3 | 35.5 | ||||
| Total expenses | 2,093.6 | 1,948.3 | 4,079.6 | 3,754.6 | ||||
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | 410.2 | 260.1 | 823.6 | 567.9 | ||||
| Income Taxes (Credits): | ||||||||
| Current | 24.4 | 55.1 | 87.2 | 100.6 | ||||
| Deferred | 61.3 | (3.4) | 82.4 | 12.6 | ||||
| Total income taxes | 85.7 | 51.7 | 169.6 | 113.3 | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | 324.4 | 208.4 | 653.9 | 454.5 | ||||
| Other Comprehensive Income (Loss), before Tax, Portion Attributable to Noncontrolling Interest | 2.0 | 3.9 | 1.5 | 5.0 | ||||
| Total net income | $ 322.3 | $ 204.4 | $ 652.4 | $ 449.5 | ||||
| Net Income Per Share: | ||||||||
| Net income (loss) per share: Basic (in dollars per share) | $ 1.34 | $ 0.83 | $ 2.70 | $ 1.84 | ||||
| Net income (loss) per share: Diluted (in dollars per share) | $ 1.31 | $ 0.81 | $ 2.63 | $ 1.79 | ||||
| Average shares outstanding: Basic (in shares) | [2] | 239,833,084 | 244,801,566 | 241,413,617 | 244,343,845 | |||
| Weighted Average Number of Shares Outstanding, Diluted, Total | [2] | 246,265,986 | 251,075,011 | 247,887,413 | 250,456,276 | |||
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