Welcome to our dedicated page for Old Republic International Corporation news (Ticker: $ORI), a resource for investors and traders seeking the latest updates and insights on Old Republic International Corporation stock.
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Old Republic International (NYSE: ORI) reported strong financial results for the first quarter of 2024, with pretax income excluding investment gains increasing by 3.9% compared to the same period last year. Net income also showed growth, with diluted net operating income per share up by 9.8%. The company's total capital returned to shareholders reached $264 million during the quarter. Despite a decline in Title Insurance, the General Insurance segment saw double-digit growth in pretax operating income.
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Old Republic International (ORI) to report financial results for Q1 2024 on April 25 and hold a conference call to discuss the results. Investors can access the call live on the company's website or via phone.
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AM Best affirms Old Republic Insurance Companies' strong financial ratings and positive outlooks, with stable and excellent credit ratings across its subsidiaries. The group's expertise in commercial lines insurance, solid profitability, and strong risk management contribute to its success.
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Old Republic International (ORI) announces senior management changes at Old Republic Aerospace, appointing Gary Churchill as President/COO and Jeffrey Moitozo as EVP/CUO. Ralph Sohl remains CEO. The appointments reflect the company's succession planning efforts and recognize the leaders' accomplishments.
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Old Republic International (ORI) appoints Therace M. Risch to its Board of Directors, enhancing expertise in cyber security and technology. ORI has added six new qualified members in the last 5 years, focusing on diversity and talent.
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Old Republic International Corporation (ORI) authorizes a $1.10 billion share repurchase program, following the completion of a $450 million program. The Board of Directors considered liquidity and capital needs before making the decision. Craig R. Smiddy, President and CEO, highlights the company's history of prudent capital management and confidence in the growth of its specialty insurance businesses.
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Old Republic International Corporation (ORI) announces an 8.2% increase in its regular quarterly cash dividend to 26.5 cents per share, totaling $1.06 per share for 2024. This marks the 43rd consecutive year of dividend increases and the 83rd year of uninterrupted dividend payments.
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Old Republic International Corporation (NYSE: ORI) reported pretax income of $237.1 for the quarter and $938.4 for the full year 2023. The net income excluding investment gains (losses) was $190.4 for the quarter and $749.5 for the full year, indicating a 19.6% and 11.3% decrease, respectively. The combined ratio was 93.3% for the quarter and 92.6% for the full year. Total capital returned to shareholders during the quarter was $122, comprised of $67 in dividends, and $55 of share repurchases. Book value per share grew to $23.31, a 15.3% increase for the full year, inclusive of dividends.
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-9.35%
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Old Republic International Corporation (ORI) will report financial results for Q4 2023 on January 25, 2024, followed by a conference call at 3:00 p.m. Eastern time. Investors can access the call live on www.oldrepublic.com or by dialing 1-888-510-2411, passcode 4060501. A replay will be available through February 1, 2024, on the company's website and by dialing 1-800-770-2030, passcode 4060501.
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Old Republic International Corporation (ORI) announces a regular quarterly cash dividend of 24.5 cents per common share, payable on December 15, 2023. The full year's cash dividend amounts to 98 cents per share, reflecting a consistent increase from the 92 cents paid in 2022. This marks the 42nd consecutive year of dividend increase and the 82nd year of uninterrupted regular cash dividend payments.
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Old Republic International Corporation
NYSE:ORI
ORI Rankings
ORI Stock Data
8.46B
252.96M
7.39%
74.55%
0.79%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
United States of America
CHICAGO
About ORI
old republic is one of the nation's 50 largest shareholder-owned insurance businesses and traces its beginnings to 1923. we are a member of the fortune 500 listing of america’s largest companies. ori’s performance reflects an entrepreneurial spirit, a long-term focus, and a corporate culture that promotes accountability and encourages the taking of prudent business risks. our subsidiaries actively market, underwrite, and provide risk management services for a wide variety of coverages, mostly in the general and title insurance fields. old republic operates in a decentralized manner that emphasizes specialization by type of insurance coverage, industry, and economic sector. old republic's general insurance business ranks among the nation's 50 largest while our title insurance business is the third largest in its industry. our mission is to provide quality insurance security and related services to businesses, individuals, and public institutions, and be a dependable long-term steward