Old Republic International Announces Second Quarter 2021 Conference Call

Rhea-AI Summary

Old Republic International Corporation (NYSE: ORI) announced a conference call scheduled for July 22, 2021, at 3:00 p.m. ET to discuss its second-quarter and six-month results of 2021. Investors can access the call on Old Republic's website or via phone. A replay will be available until July 29, 2021. Old Republic, based in Chicago, is one of the largest shareholder-owned insurance companies in the U.S., known for its long-standing cash dividend policy, marking 40 consecutive years of increased dividends. It ranks as the third largest in title insurance.

Positive

• Annualized dividend rate of $0.88 per share, marking 40 consecutive years of increases.
• Old Republic is recognized as one of the nation's 50 largest shareholder-owned insurance businesses.
• Consistent cash dividend payments for 80 years.
• Ranked 58th in Mergent's Dividend Achievers for consecutive annual dividend growth.

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• None.

CHICAGO, July 8, 2021 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — today announced that it will hold a conference call on Thursday, July 22, at 3:00 p.m. Eastern time to discuss results for the second quarter and first six months of 2021. The call can be accessed live on Old Republic's website at www.oldrepublic.com or on a listen-only phone line at 1-833-494-1487.

Investors may also access a replay of the call by dialing 1-800-585-8367, passcode 6879322, which will be available through July 29, 2021. The replay will also be available on Old Republic International's website through August 22, 2021.

About Old Republic
Chicago-based Old Republic International Corporation is one of the nation's 50 largest shareholder-owned insurance businesses. It is a member of the Fortune 500 listing of America's largest companies. The Company is organized as an insurance holding company whose subsidiaries actively market, underwrite, and provide risk management services for a wide variety of coverages mostly in the general and title insurance fields. A long-term interest in mortgage guaranty and consumer credit indemnity coverages has devolved to a run-off operating mode in recent years. Old Republic's general insurance business ranks among the nation's 50 largest, while its title insurance operations are the third largest in its industry.

The nature of Old Republic's business requires that it be managed for the long run, and its cash dividend policy reflects this long-term orientation. The current annualized dividend rate of $0.88 per share marks the 40th consecutive year that Old Republic has boosted this rate, and 2021 becomes the 80th year of uninterrupted regular cash dividend payments. Here's a summary of recent years' total book and market returns, which includes the addition and reinvestment of cash dividend payments, in comparison with the financial performance of three selected indices similarly developed.

	ORI		Selected Indices' Compounded
	Annual	Annual	Total Annual Returns
	Book Value	Market Value	Nominal		S & P
	Compounded	Compounded	Gross	S & P	P&C
	Total	Total	Domestic	500	Insurance
	Return	Return	Product	Index	Index
Ten Years 2001 – 2010	8.0%	1.9%	3.9%	1.4%	1.0%
Ten Years 2011 – 2020	8.8%	9.9%	3.3%	13.9%	14.3%
Twenty Years 2001 – 2020	8.4%	5.8%	3.6%	7.5%	7.4%
First Quarter 2020 – only	-12.4%	-31.1%	-0.9%	-19.6%	-20.6%
First Quarter 2021 – only	5.1%	18.1%	6.0%*	6.2%	4.4%
*Estimated

According to the most recent edition of Mergent's Dividend Achievers, Old Republic is listed in 58th place among just 111 qualifying publicly held companies, out of thousands considered, that have posted at least 25 consecutive years of annual dividend growth.

For Old Republic's latest news releases and other corporate documents:
Please visit us at www.oldrepublic.com

Alternatively, please write or call: Investor Relations
Old Republic International Corporation
307 North Michigan Avenue, Chicago, IL 60601
(312) 346-8100

At Old Republic:	At Financial Relations Board:
Craig R. Smiddy, President and CEO	Analysts/Investors: Joe Calabrese 212/827-3772

View original content:https://www.prnewswire.com/news-releases/old-republic-international-announces-second-quarter-2021-conference-call-301327906.html

SOURCE Old Republic International Corporation

FAQ

When will Old Republic International hold its conference call?

Old Republic International will hold its conference call on July 22, 2021, at 3:00 p.m. ET.

How can investors access the conference call?

Investors can access the conference call live on Old Republic's website or via a listen-only phone line at 1-833-494-1487.

What significant milestone has Old Republic achieved regarding dividends?

Old Republic has increased its dividend for 40 consecutive years, marking a strong commitment to shareholder returns.

What is Old Republic's rank in title insurance?

Old Republic ranks as the third largest in the title insurance industry.

What is the current dividend rate for Old Republic?

The current annualized dividend rate for Old Republic is $0.88 per share.

Where can I find more information about Old Republic International?

More information can be found on Old Republic's website at www.oldrepublic.com.