Every 10-Q that Old Republic International Corporation (ORI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ORI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ORI filings page.
Old Republic International Corporation reported Q2 2026 net income to shareholders of $322.3 million, compared with $204.4 million a year earlier, mainly reflecting substantially higher realized and unrealized investment gains. Net income excluding investment gains (net operating income) declined to $186.0 million from $209.2 million.
Net premiums and fees earned rose 5.2% to $2,097.8 million, with Specialty Insurance growing modestly and Title Insurance posting double‑digit growth. The consolidated combined ratio deteriorated to 95.3% from 93.6%, as higher loss and expense ratios in Specialty outweighed improved Title results.
Book value per share reached $25.33, up 4.6% from year‑end 2025 and 7.2% inclusive of dividends. The company returned $374.9 million to shareholders in the first half through dividends and share repurchases, issued $700.0 million of 5.700% Senior Notes due 2036 to pre‑fund 2026 maturities, and on July 1, 2026 closed the ECM acquisition, which management expects to generate a gain of about $125 and be accretive to 2026 earnings.
Old Republic International reported strong headline results for the quarter ended March 31, 2026. Net income to shareholders rose to $330.0 million from $245.0 million, or $1.32 diluted EPS versus $0.98, largely driven by higher realized and unrealized investment gains of $201.8 million.
Core insurance performance was softer: net income excluding investment gains declined to $170.5 million, and the consolidated combined ratio deteriorated to 96.6% from 93.7% as underwriting income fell about 49%. Net premiums and fees earned grew 7.1% to $1.97 billion, with Specialty Insurance up 4.7% and Title Insurance up 12.0%.
Specialty Insurance’s combined ratio increased to 94.8%, reflecting a higher expense ratio from IT modernization, data and AI investments, and start-up companies, along with lower favorable prior-year reserve development. Title Insurance nearly broke even with a 100.1% combined ratio, improving from 102.1% on higher commercial and refinance volume. Book value per share reached $24.53, up 2.6% including dividends, as the company returned $237.5 million to shareholders through dividends and $160.7 million of share repurchases.
Old Republic International (ORI) reported steady Q3 2025 operating performance. Total revenues were $2,424.3 million, with net income to shareholders of $279.5 million (diluted EPS $1.11) versus $1.32 a year ago. Net premiums and fees rose 8.1% to $2,086.2 million, and net investment income increased 6.7% to $182.6 million. The consolidated combined ratio was 95.3%, helped by 2.5 points of favorable prior‑year reserve development.
In Specialty Insurance, net premiums earned were $1,316.8 million with underwriting income of $69.2 million and a 94.8% combined ratio. Title Insurance delivered net premiums and fees of $767.0 million and a 96.4% combined ratio. Book value per share was $26.19 at quarter‑end.
Cash returned to shareholders continued: Q3 repurchases were 1.1 million shares for $43.7 million (nine months: 1.9 million shares for $69.0 million). $162.4 million remained under the 2024 authorization at quarter‑end; post‑quarter through October 30, 2025 ORI repurchased 0.1 million additional shares for $5.5 million. A new $750.0 million authorization announced on August 19, 2025 will commence after the 2024 program.