Old Republic International Corporation (NYSE: ORI), our parent Company, today reported the following results for the fourth quarter and full year 2025:
- Net income of $206.3 million, compared to $105.1 million last year.
- Net income excluding investment gains (losses) (net operating income) of $184.7 million, compared to $227.0 million last year.
- Net operating income per diluted share of $0.74, compared to $0.90 last year.
- Consolidated net premiums and fees earned of $2.1 billion, an increase of 9.8% over last year.
- Net investment income of $183.8 million, an increase of 7.9% over last year.
- Consolidated combined ratio of 96.0%, compared to 92.7% last year.
- Favorable loss reserve development of 2.4 points, compared to 2.9 points last year.
- Book value per share of $24.21, inclusive of cash dividends declared, up 22.0% since year-end 2024.
- Operating return on beginning of year equity of 14.1%.
- Total capital returned to shareholders of $742 million.
Dollar amounts (other than per share amounts) are presented in millions, except as otherwise indicated.
For more information, review the 01/22/2026 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.”
