Old Republic International Corporation (NYSE: ORI), our parent Company, today reported the following results for the second quarter 2025.
- Net income of $204.4 million, compared to $91.8 million last year.
- Net income excluding investment gains (losses) (net operating income) of $209.2 million, an increase of 3.3%.
- Net operating income per diluted share of $0.83, compared to $0.76 last year, an increase of 9.2%.
- Consolidated net premiums and fees earned of nearly $2 billion, an increase of 11.0%.
- Net investment income of $171.5 million, an increase of 2.4%.
- Consolidated combined ratio of 93.6%, compared to 93.5% last year.
- Favorable loss reserve development of 2.1 points, compared to 2.2 points last year.
- Book value per share of $25.14, inclusive of cash dividends declared, up 12.6% since year-end 2024.
- Annualized operating return on equity of 14.6%.
- Total capital returned to shareholders of $71.8 million.
Dollar amounts (other than per share amounts) are presented in millions, except as otherwise indicated.
For more information, review the 7/24/25 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.”