Earnings ·
Old Republic reports Q3 net income of $243.2M, down from $279.5M last year
ORIOld Republic International Corp
Old Republic International Corporation reported third-quarter 2026 results with net income of $243.2 million, a decrease from $279.5 million in the prior-year period. Net operating income fell to $181.4 million from $196.7 million, driven by higher loss and acquisition expenses that pushed the consolidated combined ratio to 96.1% from 95.3%. Consolidated net premiums and fees earned rose nearly 9% to approximately $2.3 billion. The quarter included a $124.9 million bargain purchase gain related to the July acquisition of ECM Insurance Group, which partially offset investment losses. Total capital returned to shareholders was $190.2 million, including $113.8 million in share repurchases and dividends declared at $0.315 per share. Old Republic International Corporation operates as a diversified property and casualty insurance holding company.