OLD REPUBLIC INTERNATIONAL CORP

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.

Old Republic International Corporation reported strong financial results for the second quarter and first six months of 2026, with significant increases in net income, diluted EPS, and total operating revenues. The company also completed the acquisition of Everett Cash Mutual Insurance Co. and issued new senior notes to refinance existing debt. Share repurchases continued, with $221.5 million spent in the first half of the year.

Old Republic International Corporation announced its second quarter 2026 results, reporting a net income of $322.3 million, a significant increase from $204.4 million in the prior year, largely driven by investment gains. However, net operating income, which excludes investment gains, decreased by 11.1% to $186.0 million, resulting in diluted net operating income per share of $0.76, down from $0.83. Consolidated net premiums and fees earned grew by 5.2% to nearly $2.1 billion. The company also noted the closing of the Everett Cash Mutual Insurance Co. acquisition on July 1, 2026, which is expected to generate a gain of approximately $125 million and be accretive to earnings in 2026.

Old Republic International Corporation announced that members of Everett Cash Mutual Insurance Co. (ECM) approved its conversion to a stock company and its acquisition by Old Republic. Concurrently, Old Republic completed a stock offering to certain ECM members, employees, and directors, raising approximately $24.7 million. The acquisition of the ECM Group is set to finalize on July 1, 2026, with Old Republic delivering up to 955,903 shares of its common stock.

Old Republic International Corporation held its Annual Meeting of Shareholders on May 21, 2026. Shareholders elected Barbara A. Adachi and Craig R. Smiddy as directors. They also ratified KPMG LLP as the independent registered public accounting firm for 2026 and approved, on an advisory basis, the executive compensation. All three proposals passed with significant shareholder support.

Old Republic International Corporation priced a registered underwritten public offering of $700 million in 5.700% Senior Notes due 2036. The notes were issued pursuant to an underwriting agreement dated May 13, 2026, with Morgan Stanley & Co. LLC and PNC Capital Markets LLC. Interest will be paid semi-annually, beginning December 1, 2026, with the notes maturing on June 1, 2036, creating a direct financial obligation for the company.

Old Republic International reported strong first-quarter 2026 financial results, with net income to shareholders increasing significantly to $330.0 million, or $1.36 per basic share. Total revenues rose to $2.39 billion, primarily driven by higher net premiums earned and a substantial increase in net investment gains. The company also continued its share repurchase program, completing its 2024 authorization and initiating repurchases under the 2025 authorization.

Old Republic International reported a significant increase in net income for the first quarter of 2026, reaching $330.0 million, up 34.7% from the prior year, largely driven by investment gains. However, net operating income, which excludes investment gains and is a key management metric, decreased by 15.4% to $170.5 million. The company also saw a 7.1% rise in net premiums and fees earned to $1.97 billion, but its consolidated combined ratio worsened to 96.6%.