Welcome to our dedicated page for Old Republic news (Ticker: ORI), a resource for investors and traders seeking the latest updates and insights on Old Republic stock.
Old Republic International Corporation (ORI) maintains its position as a leading provider of specialty insurance solutions through disciplined underwriting and decentralized operations. This news hub serves as the definitive source for tracking corporate developments, financial updates, and strategic initiatives at this NYSE-listed insurance enterprise.
Investors and industry professionals will find curated press releases covering earnings announcements, leadership changes, product innovations, and regulatory filings. Our aggregation includes ORI's general insurance segment updates, title insurance market expansions, and risk management advancements - all essential for understanding the company's market position.
Key updates feature quarterly financial results, dividend declarations, underwriting strategy adjustments, and technology investments in title services. The chronological organization enables efficient tracking of operational milestones while maintaining context for long-term performance analysis.
Bookmark this page for streamlined access to ORI's official communications. Combine these primary sources with our analysis tools on Stock Titan to develop informed perspectives on this insurance sector mainstay.
Old Republic International (NYSE: ORI) reported results for Q2 and the first half of 2024. Q2 pretax income excluding investment gains was $253.8M, up 11.6% YoY, while H1 pretax income was $485.4M, up 7.8% YoY. Net income for Q2 was $91.8M, down from $155.5M YoY; H1 net income was $408.6M, up from $355.4M. Q2 net operating income per diluted share was $0.76, a 22.6% increase. General Insurance pretax operating income rose by 9.9% in Q2, while Title Insurance saw a 32.5% increase. Net premiums and fees earned grew by 9.0% in Q2. However, investment losses were substantial, with pretax investment losses of $140.5M. The combined ratio for Q2 was 93.5%, up from 92.6% YoY. Book value per share increased to $23.59. Despite some positive metrics, a significant decline in investment gains impacted overall profitability.
Old Republic International (NYSE: ORI) announced it will release its second-quarter 2024 financial results on Thursday, July 25, 2024, before the market opens. The company will host a conference call at 3:00 p.m. Eastern time to discuss the results. Investors can access the call live on Old Republic's website or by dialing 1-888-510-2411 with passcode 4060501. A replay of the call will be available until August 1, 2024, by dialing 1-800-770-2030 with the same passcode, and on the company’s website.
Old Republic International (NYSE: ORI) announced that its Board of Directors has declared a quarterly cash dividend of 26.5 cents per common share. This dividend will be payable on June 14, 2024, to shareholders recorded by June 4, 2024. Assuming Board approval each quarter, the annual cash dividend for 2024 will total $1.06 per share, representing an 8.2% increase from the $0.98 per share paid in 2023. This marks the 43rd consecutive year of dividend increases and the 83rd year of uninterrupted payments.
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