ORI on NYSE
Old Republic International
Logo: Old Republic International, Public domain, via Wikimedia Commons5
American property insurance and title insurance company
Old Republic International Corporation is an American property insurance and title insurance company. The company is headquartered in Chicago, Illinois.3 From Wikipedia, CC BY-SA 4.0
$39.64 up 0.97 (2.51%)Price as of Oct 16, 2026 at 19:58 UTC
Last updated Oct 18, 2026.
Overview
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- TickerORI on NYSE1
- Industryinsurance1
- HeadquartersChicago1
- Websitewww.oldrepublic.com
- Legal formDelaware corporation1
- Incorporated inDE6
- Business address307 N Michigan Ave, Chicago, Il 606016
- Filer categoryLarge accelerated filer6
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Old Republic International Corporation is an American property insurance and title insurance company. The company is headquartered in Chicago, Illinois.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs87¢$8.0B
- Income tax3¢$242.1M
- Profit10¢$935.4M
Out of $9.1B in revenue.7
Where each dollar of operating cash went, fiscal 2025
- Dividends paid67¢$782.6M
- Share buybacks11¢$123.8M
- Kept or used elsewhere22¢$257.9M
Out of $1.2B of cash from operations.7
Financial statements
Every line of the income statement in the latest annual report, as filed.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net premiums earned | $7.8B | $7.0B | $6.4B |
| Title, escrow, and other fees | $264.1M | $284.4M | $261.8M |
| Total premiums and fees | $8.1B | $7.3B | $6.7B |
| Net investment income | $708.7M | $673.1M | $578.3M |
| Other income | $194.9M | $177.6M | $163.1M |
| Total operating revenues | $9.0B | $8.2B | $7.4B |
| Consolidated net realized investment gains (losses) | $202.0M | $88.8M | -$67.0M |
| Unrealized from changes in fair value of equity securities | -$22.3M | -$18.9M | -$123.9M |
| Total net investment gains (losses) | $179.7M | $69.9M | -$190.9M |
| Total revenues | $9.1B | $8.2B | $7.3B |
| Loss and loss adjustment expenses | $3.4B | $3.0B | $2.6B |
| Dividends to policyholders | $16.2M | $23.5M | $16.5M |
| Underwriting, acquisition, and other expenses | $4.5B | $4.0B | $3.8B |
| Interest and other charges | $70.3M | $77.3M | $70.5M |
| Total expenses | $8.0B | $7.2B | $6.5B |
| Income before income taxes | $1.2B | $1.1B | $747.4M |
| Current | $225.2M | $205.2M | $186.2M |
| Deferred | $16.8M | $11.7M | -$37.4M |
| Total income taxes | $242.1M | $216.9M | $148.7M |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $941.9M | $852.7M | $598.6M |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | $6.5M | $0 | $0 |
| Net income to shareholders | $935.4M | $852.7M | $598.6M |
| Net income per share: basic (in dollars per share) | $3.82 | $3.30 | $2.12 |
| Net income per share: diluted (in dollars per share) | $3.72 | $3.24 | $2.10 |
| Weighted average number of shares outstanding, basic | 245.1M shares | 258.0M shares | 282.7M shares |
| Weighted Average Number of Shares Outstanding, Diluted | 251.3M shares | 262.9M shares | 285.5M shares |
Every line of the balance sheet in the latest annual report, as filed.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Fixed income securities (at fair value) (amortized cost: $12,478.8 and $12,175.9) | $12.7B | $12.1B | |
| Equity securities (at fair value) (cost: $1,377.7 and $1,410.7) | $2.5B | $2.5B | |
| Short-term investments (at fair value which approximates cost) | $1.6B | $1.4B | |
| Other investments | $27.7M | $42.8M | |
| Total investments | $16.8B | $16.1B | |
| Cash | $263.2M | $201.9M | |
| Accrued investment income | $141.1M | $127.9M | |
| Accounts and notes receivable | $2.8B | $2.5B | |
| Reinsurance balances and funds held | $404.5M | $423.1M | |
| Reinsurance recoverable: Paid losses | $209.9M | $185.3M | |
| Reinsurance recoverable for loss and loss adjustment expense reserves | $6.4B | $5.8B | |
| Unearned premium and policy reserves | $1.1B | $921.6M | |
| Deferred policy acquisition costs | $636.2M | $531.3M | $417.8M |
| Other assets | $1.1B | $1.1B | |
| Total assets | $29.9B | $27.8B | |
| Loss and loss adjustment expense reserves | $14.8B | $13.7B | $12.5B |
| Unearned premiums | $4.0B | $3.5B | |
| Other policyholders' benefits and funds held | $177.8M | $174.0M | |
| Total policy liabilities | $18.9B | $17.4B | |
| Commissions, expenses, fees, and taxes | $601.8M | $547.5M | |
| Reinsurance balances and funds held | $1.4B | $1.4B | |
| Deferred Tax Liabilities, Net | $219.3M | $129.1M | |
| Debt | $1.6B | $1.6B | |
| Other liabilities | $1.2B | $1.1B | |
| Total liabilities | $23.9B | $22.2B | |
| Preferred Stock | $0 | $0 | |
| Common stock | $246.3M | $248.8M | |
| Additional paid-in capital | $23.3M | $0 | |
| Retained earnings | $5.5B | $5.5B | |
| Accumulated other comprehensive income (loss) | $163.1M | -$102.4M | |
| Unallocated 401(k) plan shares (at cost) | -$34.1M | -$47.1M | |
| Treasury Stock, Value | $0 | $0 | |
| Total shareholders' equity | $5.9B | $5.6B | |
| Equity, Attributable to Noncontrolling Interest | $14.4M | $0 | |
| Equity, Including Portion Attributable to Noncontrolling Interest | $5.9B | $5.6B | |
| Total liabilities and equity | $29.9B | $27.8B | |
| Debt Securities, Available-for-sale, Amortized Cost | $12.5B | ||
| Preferred Stock, Par or Stated Value Per Share | $0.01 | $0.01 | |
| Preferred Stock, Shares Authorized | 75.0M shares | 75.0M shares | |
| Preferred Stock, Shares Outstanding | 0 shares | 0 shares | |
| Common Stock, Par or Stated Value Per Share | $1.00 | $1.00 | |
| Common Stock, Shares, Issued | 246.4M shares | 248.8M shares | |
| Common Stock, Shares Authorized | 500.0M shares | 500.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $941.9M | $852.7M | $598.6M |
| Deferred policy acquisition costs | -$104.9M | -$113.4M | -$35.2M |
| Accounts and notes receivable | -$278.6M | -$270.1M | -$274.4M |
| Loss and loss adjustment expense reserves | $438.1M | $354.9M | $93.4M |
| Unearned premiums and other policyholders' liabilities | $260.6M | $363.4M | $194.0M |
| Federal income taxes | $45.1M | $20.8M | -$47.1M |
| Reinsurance balances and funds held | $12.6M | $140.6M | $23.8M |
| Realized Investment Gains (Losses) | -$202.0M | -$88.8M | $67.0M |
| Unrealized from changes in fair value of equity securities | $22.3M | $18.9M | $123.9M |
| Other - net | $29.1M | -$45.4M | $136.3M |
| Total | $1.2B | $1.2B | $880.4M |
| Maturities and calls on fixed income securities | $1.6B | $1.6B | $1.4B |
| Fixed income securities | $863.1M | $2.4B | $1.4B |
| Equity securities | $510.2M | $327.1M | $691.5M |
| Other investments | $3.9M | $10.6M | $14.5M |
| Fixed income securities | -$2.6B | -$4.0B | -$2.9B |
| Equity securities | -$182.7M | -$24.3M | -$91.9M |
| Other investments | -$119.8M | -$103.5M | -$106.4M |
| Proceeds from Divestiture of Interest in Consolidated Subsidiaries | $0 | $136.6M | $0 |
| Net increase in short-term investments | -$203.7M | -$390.5M | -$362.6M |
| Payments for (Proceeds from) Other Investing Activities | $2.3M | -$1.2M | $300.0K |
| Total | -$177.2M | -$3.9M | $25.3M |
| Proceeds from Issuance of Long-term Debt | $0 | $395.9M | $0 |
| Issuance of common shares | $3.8M | $2.0M | $31.1M |
| Redemption of debentures and notes | $0 | -$400.0M | -$5.3M |
| Dividends on common shares | -$782.6M | -$271.9M | -$275.5M |
| Treasury stock acquired | -$123.8M | -$942.2M | -$535.3M |
| Other - net | -$23.1M | -$10.7M | $1.8M |
| Total | -$925.7M | -$1.2B | -$783.2M |
| Increase in cash | $61.3M | $2.4M | $122.5M |
| Net Cash Provided by (Used in) Discontinued Operations | $0 | -$3.3M | -$800.0K |
| Cash paid during the period for: Interest | $69.3M | $77.3M | $66.0M |
| Income Taxes Paid, Federal & Foreign, Net | $198.7M | $196.3M | $198.3M |
Leadership
Who has led Old Republic International, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
20052010201520202025
- Chief executive officerCraig R. Smiddy May 9, 2016 to now16
- Chief executive officerAldo C. Zucaro Mar 23, 2004 to May 10, 201917
- ChairRande Keith Yeager Mar 5, 2020 to Mar 20, 202318
- ChairAldo C. Zucaro Mar 23, 2004 to May 10, 201917
- PresidentCraig R. Smiddy May 10, 2019 to now19
- PresidentR. Scott Rager May 6, 2013 to Mar 19, 201820
- PresidentChristopher S. Nard May 6, 2011 to Dec 2, 201321
- PresidentJames Kellogg Mar 19, 2007 to Nov 4, 201122
- PresidentAldo C. Zucaro Mar 23, 2004 to May 31, 200617
- Chief financial officerFrank Joseph Sodaro Jun 16, 2017 to now23
- Chief financial officerKarl W. Mueller Oct 6, 2004 to May 4, 202124
- Chief operating officerR. Scott Rager May 6, 2013 to Mar 19, 201820
- Chief operating officerCraig R. Smiddy Aug 14, 2013 to Sep 3, 201925
- Chief operating officerChristopher S. Nard May 6, 2011 to May 8, 201221
- Chief operating officerJames Kellogg Mar 19, 2007 to Nov 4, 201122
Board members and other officers (35)
- SVP - Title InsuranceCarolyn Monroe Aug 28, 2023 to now26
- SVPUnderwriting & DistributionJeffrey Lange Aug 28, 2023 to now27
- SrVP National Benefits Dir.Cheryl A. Jones Jul 8, 2019 to May 6, 202028
- Executive Vice PresidentStephen J. Oberst Oct 9, 2019 to now29
- SrVP Administration & PlanningR. Scott Rager Jul 7, 2006 to May 10, 201930
- Sr. VP - Mortgage GuarantyChristopher S. Nard Jun 8, 2005 to Apr 22, 201031
- Sr. VP / TreasurerCharles S. Boone Mar 23, 2004 to May 6, 202032
- Sr. VP, General InsuranceJames Kellogg Mar 23, 2004 to May 8, 201233
- Sr. VP, Title InsuranceRande Keith Yeager Mar 23, 2004 to Apr 27, 202134
- Sr.VP, Secretary & Gen.CounselSpencer Leroy Iii. Mar 23, 2004 to Mar 23, 200435
- Board memberTherace Risch Mar 25, 2024 to now36
- Board memberLisa J. Caldwell Apr 26, 2021 to now37
- Board memberBarbara Adachi Dec 16, 2021 to now38
- Board memberAldo C. Zucaro Feb 28, 2020 to Aug 27, 202139
- Board memberCraig R. Smiddy Mar 5, 2020 to now40
- Board memberMichael Denard Kennedy Aug 24, 2020 to now41
- Board memberPeter McNitt Feb 7, 2019 to now42
- Board memberCharles J. Kovaleski Sep 4, 2018 to now43
- Board memberSteven J. Bateman Mar 3, 2017 to now44
- Board memberGlenn W. Reed Aug 24, 2017 to now45
- Board memberSpencer Leroy Iii. Mar 5, 2015 to now46
- Board memberJames C. Hellauer Jun 2, 2011 to Oct 31, 201647
- Board memberSteven R. Walker May 31, 2006 to now48
- Board memberLeo E. Knight Jr. Aug 25, 2006 to May 6, 200949
- Board memberJohn M. Dixon Jan 20, 2004 to Feb 11, 202550
- Board memberJohn W. Popp Mar 9, 2004 to May 6, 200951
- Board memberArnold L. Steiner Aug 17, 2004 to Nov 9, 202252
- Board memberCharles F. Titterton Aug 23, 2004 to Feb 13, 202053
- Board memberMieghem Dennis P. Van Aug 23, 2004 to Nov 1, 201654
- Board memberHenry P. Lardner Sep 8, 2003 to Jul 25, 200755
- Board memberAnthony F. Colao Nov 6, 2003 to Apr 15, 200456
- Board memberFredricka Taubitz Dec 9, 2003 to now57
- General counselThomas Dare Jan 8, 2021 to now58
- General counselJohn R. Heitkamp Jr. Feb 28, 2019 to May 6, 202059
- General counselSpencer Leroy Iii. Apr 15, 2005 to May 11, 200960
Timeline
Recent filings
- Sep 3, 20264
- Sep 1, 2026144
- Aug 13, 20264
- Aug 11, 2026144
- Jul 31, 202610-Q
- Jul 31, 20264
- Jul 30, 20264
- Jul 30, 2026144
- Jul 28, 2026144
- Jul 23, 20268-K
- Jul 16, 2026N-PX
- Jul 13, 202611-K
- Jul 6, 202613F-HR
- Jul 1, 20268-K
- Jun 29, 2026NT 11-K
Every filing from the last three years, summarized. The full record is on SEC EDGAR.2
Links
- Websitewww.oldrepublic.com1
- WikipediaOld Republic International
- WikidataQ7084833
- SEC EDGARCIK 74260
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4Yahoo FinanceORI quote
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18SEC EDGARRande Keith Yeager, Chair
- 19SEC EDGARCraig R. Smiddy, President
- 20SEC EDGARR. Scott Rager, President
- 21SEC EDGARChristopher S. Nard, President
- 22SEC EDGARJames Kellogg, President
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- 31
- 32SEC EDGARCharles S. Boone, Sr. VP / Treasurer
- 33
- 34
- 35
- 36SEC EDGARTherace Risch, Board member
- 37SEC EDGARLisa J. Caldwell, Board member
- 38SEC EDGARBarbara Adachi, Board member
- 39SEC EDGARAldo C. Zucaro, Board member
- 40SEC EDGARCraig R. Smiddy, Board member
- 41SEC EDGARMichael Denard Kennedy, Board member
- 42SEC EDGARPeter McNitt, Board member
- 43SEC EDGARCharles J. Kovaleski, Board member
- 44SEC EDGARSteven J. Bateman, Board member
- 45SEC EDGARGlenn W. Reed, Board member
- 46SEC EDGARSpencer Leroy Iii., Board member
- 47SEC EDGARJames C. Hellauer, Board member
- 48SEC EDGARSteven R. Walker, Board member
- 49SEC EDGARLeo E. Knight Jr., Board member
- 50SEC EDGARJohn M. Dixon, Board member
- 51SEC EDGARJohn W. Popp, Board member
- 52SEC EDGARArnold L. Steiner, Board member
- 53SEC EDGARCharles F. Titterton, Board member
- 54SEC EDGARMieghem Dennis P. Van, Board member
- 55SEC EDGARHenry P. Lardner, Board member
- 56SEC EDGARAnthony F. Colao, Board member
- 57SEC EDGARFredricka Taubitz, Board member
- 58SEC EDGARThomas Dare, General counsel
- 59
- 60SEC EDGARSpencer Leroy Iii., General counsel