Old Republic International ( (ORI) ) has released its Q1 earnings. Here is a breakdown of the information Old Republic International presented to its investors.
Old Republic International Corporation is a leading specialty insurer that operates diverse property and casualty and title insurance companies, providing underwriting and risk management services across the United States and Canada.
In the first quarter of 2025, Old Republic International reported a net income of $245 million, a decrease from $316.7 million in the previous year. However, the company saw a 9.2% increase in net operating income, reaching $201.7 million, and a 20.9% rise in net operating income per diluted share.
Key financial highlights include a 12.1% increase in consolidated net premiums and fees earned, totaling over $1.8 billion, and a 4.0% rise in net investment income. The consolidated combined ratio improved slightly to 93.7%, and the company returned $93 million in total capital to shareholders. The book value per share increased by 7.2% since the end of 2024, reaching $24.19.
Looking ahead, Old Republic International remains focused on achieving profitable operating results and maintaining balance sheet strength to support its insurance underwriting subsidiaries. The company continues to prioritize long-term performance over short-term fluctuations, aiming for stability and growth in its financial metrics.