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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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$1.26B+6.2%
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$872M-11.1%
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WRBReinsurance & Monoline Excess — Deferred Policy Acquisition Cost
$113.29M+2.2%
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CINFReinsurance assumed and other non segment — Deferred policy acquisition costs
$139M+7.8%
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EQHTerm — Deferred Policy Acquisition Costs Recovery of Acquisition Cost
$9M
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ACGLReinsurance — Amortization of Deferred Acquisition Costs
$411M+14.8%

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:SupplementaryInsuranceInformationDeferredPolicyAcquisitionCosts.

The official record: Old Republic International’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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.