Our parent company, Old Republic International Corporation (NYSE: ORI), today reported the following results for the second quarter 2026:
- Net income of $322.3 million, compared to $204.4 million last year.
- Net income excluding investment gains (net operating income) of $186.0 million, compared to $209.2 million last year.
- Net operating income per diluted share of $0.76, compared to $0.83 last year.
- Consolidated net premiums and fees earned of nearly $2.1 billion, compared to nearly $2.0 billion last year.
- Net investment income of $182.0 million, compared to $171.5 million last year.
- Consolidated combined ratio of 95.3%, compared to 93.6% last year.
- Favorable loss reserve development of 0.1 points, compared to 2.1 points last year.
- Book value per share of $25.33, inclusive of dividends declared, up 7.2% since year-end 2025.
- Annualized operating return on equity of 12.1%.
- Total capital returned to shareholders of $137.4 million.
Dollar amounts (other than per share amounts) are presented in millions, except as otherwise indicated.
For more details, review the complete 07.23.26 news release from ORI.
NOTE: to see financial highlights for Old Republic Title, scroll down in the news release to the section called “Title Insurance Segment Operating Results.”