OLD REPUBLIC INTERNATIONAL CORP (ORI) Form 8-K — Oct 22, 2026
Old Republic International reported Q3 2026 net income of $243.2 million ($0.99 per diluted share), down from $279.5 million a year ago, while net operating income fell 7.8% to $181.4 million ($0.73 per diluted share). The GAAP decline was driven by a swing from $82.7 million in realized investment gains last year to a $63.2 million loss this quarter. Underlying growth remained solid: net premiums and fees earned rose 8.8% to $2.27 billion, net investment income grew to $185.4 million, and the consolidated combined ratio was 96.1% versus 95.3% last year.
Key figures
- Eps
- 0.99
- Net Income
- 243200000
- Revenue Yoy
- 0.08
- Cash Position
- 336000000
- Combined ratio
- 96.1%
- Net operating eps
- 0.73
- Book value per share
- 24.65
- Net operating income
- 181400000
- Bargain purchase gain
- 124900000
- Net investment income
- 185400000
- Annualized operating roe
- 12.1%
- Capital returned quarter
- 190200000
- Prior year combined ratio
- 95.3%
- Share repurchases quarter
- 113800000
- Dividends declared per share
- 0.315
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