ORI Reports Results for Q3 and First Nine Months of 2025

Old Republic International Corporation (NYSE: ORI), our parent Company, today reported the following results for the third quarter 2025:
 

  • Net income of $279.5 million, compared to $338.9 million last year.
  • Net income excluding investment gains (losses) (net operating income) of $196.7 million, compared to $182.7 million last year.
  • Net operating income per diluted share of $0.78, compared to $0.71 last year.
  • Consolidated net premiums and fees earned of $2.1 billion, an increase of 8.1% over last year.
  • Net investment income of $182.6 million, an increase of 6.7% over last year.
  • Consolidated combined ratio of 95.3%, compared to 95.0% last year.
  • Favorable loss reserve development of 2.5 points, compared to 1.3 points last year.
  • Book value per share of $26.19, inclusive of cash dividends declared, up 18.5% since year end 2024.
  • Annualized operating return on equity of 14.4%.
  • Total capital returned to shareholders of $115 million. 

Dollar amounts (other than per share amounts) are presented in millions, except as otherwise indicated.

For more information, review the 10/23/25 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.”