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Old Republic International ORI Reinsurance Recoverable — Deferred Policy Acquisition Costs

Other segment segments

Corporate & Other
$100K0.0%
Title Insurance Group
$0

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Other financials

Income statement

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Revenue$2.5B+13.4%
Net income$322.3M+57.7%
EPS (diluted)$1.31+61.7%

Balance sheet

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Cash & equivalents$417.7M+135%
Total debt$2.3B+43.7%
Total equity$6.1B-1.8%
Total assets$31.6B+8.0%

Cash flow

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Operating cash flow$281.4M+21.5%

Valuation

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Market cap$10.51B+13.3%
Enterprise value$12.37B+15.8%
P/E9.2×-1.1×
P/S1.1×0.0×

Profitability

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Net margin11.7%+1.4pp

Returns & leverage

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Return on equity18.6%+3.9pp
Debt / equity0.4×+0.1×

Where this comes from

Reported directly by Old Republic International in its filing.

Tagged under the XBRL concept us-gaap:SupplementaryInsuranceInformationDeferredPolicyAcquisitionCosts.

The source filing: Old Republic International’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 3:41 PM EST
Fiscal year
FY2025
Accession
0000074260-26-000008
Column A / Segment / Year Ended December 31, 2025:Column B / Deferred Policy Acquisition CostsColumn C / Loss and Loss Adjustment Expense ReservesColumn D / Unearned PremiumsColumn E / Other Policyholders'Benefits and FundsColumn F / Premium Revenue
Specialty Insurance$636.1$7,826.6$2,858.0$139.1$5,184.8
Title Insurance545.72.02,594.4
Corporate & Other (a)0.14.130.09.4
Reinsurance Recoverable (b)6,399.11,124.56.6
Consolidated$636.2$14,775.7$3,982.5$177.8$7,788.7
Year Ended December 31, 2024:
Insurance Underwriting:
Specialty Insurance$531.1$7,341.5$2,591.4$134.5$4,677.0

Item 15 - Exhibits

FAQ

What is Old Republic International's reinsurance recoverable — deferred policy acquisition costs?
Old Republic International (ORI) reported reinsurance recoverable — deferred policy acquisition costs of $0 in Q4 2025.
What does reinsurance recoverable — deferred policy acquisition costs mean?
This represents the portion of deferred policy acquisition costs that the insurer expects to recover from reinsurers under ceded reinsurance contracts. It reflects the asset value associated with commissions and other costs that are shifted to the reinsurer. This metric is critical for understanding the net impact of acquisition expenses on the company's balance sheet.

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