Quarterly ResultOct 22, 2026, 08:51 AM
Old Republic Q3 Net Income $243.2M; Premiums Up to $2.3B
AI Summary
Old Republic International Corporation announced its third quarter 2026 financial results, reporting a decrease in net income to $243.2 million from $279.5 million in the prior year quarter. Net operating income also declined to $181.4 million, or $0.73 per diluted share, compared to $196.7 million, or $0.78 per diluted share, in the third quarter of 2025. However, consolidated net premiums and fees earned saw an increase to nearly $2.3 billion, and net investment income grew to $185.4 million. The company also highlighted a book value per share of $24.65 and returned $190.2 million in capital to shareholders during the quarter.
Key Highlights
- Old Republic reported Q3 2026 net income of $243.2 million, down from $279.5 million in Q3 2025.
- Net operating income for Q3 2026 was $181.4 million ($0.73/share), compared to $196.7 million ($0.78/share) in Q3 2025.
- Consolidated net premiums and fees earned increased to nearly $2.3 billion in Q3 2026, up from nearly $2.1 billion in Q3 2025.
- Net investment income rose to $185.4 million in Q3 2026 from $182.6 million in Q3 2025.
- The consolidated combined ratio was 96.1% for Q3 2026, compared to 95.3% for Q3 2025.
- Book value per share was $24.65 as of September 30, 2026, up 5.7% since year-end 2025.
- Total capital returned to shareholders in Q3 2026 was $190.2 million, including $113.8 million in share repurchases.
Price Impact
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