STOCK TITAN

Old Republic - ORI STOCK NEWS

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.

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.68%
Tags
management
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
Tags
buyback
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
Tags
dividends
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.35%
Tags
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.14%
Tags
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.09%
Tags
dividends
Rhea-AI Summary
Old Republic International Corporation (NYSE: ORI) has entered into a definitive agreement to sell its mortgage insurance business to Arch Capital Group Ltd. Consideration is expected to be approximately $140 million, with an additional $25 million expected as a final 4th quarter dividend. The transaction is subject to regulatory approval and is expected to close in the first half of 2024. Old Republic's President & CEO, Craig R. Smiddy, expressed satisfaction with the exit from the mortgage insurance business, highlighting the preservation of significant value for shareholders and the favorable development of run-off reserves, leading to over $398 million of dividends in the last five years. Insurance Advisory Partners LLC and Kirkland & Ellis served as financial and legal advisors, respectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
Tags
none
-
Rhea-AI Summary
Old Republic International Corporation reports pretax income of $250.8 for Q3 2023, a decrease of 2.6% compared to the previous year. Net income excluding investment losses also decreased by 2.9%. General Insurance pretax operating income rose 28.6% for the quarter. Consolidated net premiums and fees earned were down 9.4% for the quarter. Book value per share increased by 1.4%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.8%
Tags
-
Rhea-AI Summary
Old Republic International Corporation to report Q3 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.07%
Tags
Rhea-AI Summary
Old Republic International Corporation is forming a new underwriting subsidiary, Old Republic Accident & Health, Inc., to provide Accident & Health insurance products. The new company will focus on specialized coverages such as employers stop loss. Gary Nidds, with over 33 years of industry experience, will lead the company as President. Old Republic sees this as an opportunity to expand their risk expertise and underwriting excellence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
Tags
none
Old Republic

NYSE:ORI

ORI Rankings

ORI Stock Data

9.50B
227.98M
8.15%
71.74%
1.21%
Insurance - Property & Casualty
Surety Insurance
Link
United States
CHICAGO