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Old Republic International ORI Deferred policy acquisition costs

Deferred policy acquisition costs at other companies

W.R. Berkley logo
W.R. BerkleyWRB
$1.01B+3.5%
The Travelers Companies logo
The Travelers CompaniesTRV
$3.59B+1.3%
Loews logo
LoewsL
$1.01B+0.9%
American Financial Group logo
American Financial GroupAFG
$334M+5.7%
Cincinnati Financial logo
Cincinnati FinancialCINF
$1.38B+6.7%
Fidelity National Financial logo
Fidelity National FinancialFNF

Other financials

Income statement

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Revenue$2.4B+13.5%
Net income$330.0M+34.7%
EPS (diluted)$1.32+34.7%

Balance sheet

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Cash & equivalents$202.1M-23.4%
Total debt$1.6B+0.1%
Total equity$5.9B-0.1%
Total assets$29.6B+5.6%

Cash flow

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Operating cash flow$281.4M+21.5%

Valuation

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Market cap$9.42B+1.1%
Enterprise value$10.81B+1.6%
P/E9.2×-2.7×
P/S-0.1×

Profitability

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Net margin10.8%+1.5pp

Returns & leverage

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Return on equity17.2%+4.6pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Old Republic International in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCosts.

The official record: Old Republic International’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Old Republic International's deferred policy acquisition costs?
Old Republic International (ORI) reported deferred policy acquisition costs of $659.1M in Q1 2026.
How has Old Republic International's deferred policy acquisition costs changed year-over-year?
Old Republic International's deferred policy acquisition costs increased by 18.6% year-over-year, from $555.7M to $659.1M.
What is the long-term trend for Old Republic International's deferred policy acquisition costs?
Over 5 years (2020 to 2025), Old Republic International's deferred policy acquisition costs has grown at a 14.2% compound annual growth rate (CAGR), from $328M to $636.2M.
What does deferred policy acquisition costs mean?
Costs incurred to acquire insurance policies that are spread out over the life of the policy rather than expensed immediately.
How do you interpret deferred policy acquisition costs?
Increasing costs relative to premiums may signal higher acquisition competition or less efficient marketing, while stable ratios suggest consistent underwriting profitability.
How does deferred policy acquisition costs compare across companies?
Standard accounting practice for insurers; comparable across the industry based on policy duration and commission structures.