Our parent Company, Old Republic International Corporation (NYSE: ORI), today reported the following results for the first quarter 2026:
- Net income of $330.0 million, compared to $245.0 million last year.
- Net income excluding investment gains (net operating income) of $170.5 million, compared to $201.7 million last year.
- Net operating income per diluted share of $0.68, compared to $0.81 last year.
- Consolidated net premiums and fees earned of $1.97 billion, compared to nearly $1.85 billion last year.
- Net investment income of $178.0 million, compared to $170.7 million last year.
- Consolidated combined ratio of 96.6%, compared to 93.7% last year.
- Favorable loss reserve development of 1.5 points, compared to 2.6 points last year.
- Book value per share of $24.53, inclusive of dividends declared, up 2.6% since year-end 2025.
- Annualized operating return on equity of 11.5%.
- Total capital returned to shareholders of $237.5 million.
For more details, review the complete 4/23/26 news release from ORI.
NOTE: to see financial highlights for the Old Republic Title Insurance Group, scroll down in the news release to the section called “Title Insurance Segment Operating Results.”