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.”