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Old Republic International ORI Specialty Insurance Group — Segment underwriting income (loss)

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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 ori:SegmentUnderwritingIncomeLoss.

The source filing: Old Republic International’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 1:46 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000074260-26-000072
Quarter Ended March 31, 2026:Specialty InsuranceTitle InsuranceCorporate & OtherConsolidation Elimination Adjustments (a)Total
General expenses258.2215.316.5490.1
Total underwriting, acquisition, and
other expenses449.9661.116.91,128.0
Segment underwriting income (loss)67.2(0.5)(15.4)51.2
Add: Net investment income158.117.418.7(16.3)178.0
Less: Interest and other charges16.20.117.6(16.3)17.7
Segment pretax operating income (loss)209.016.7(14.3)211.5
Income taxes (credits) on above43.03.3(4.9)41.4

Item 1. CONSOLIDATED BALANCE SHEETS

FAQ

What is Old Republic International's specialty insurance group — segment underwriting income (loss)?
Old Republic International (ORI) reported specialty insurance group — segment underwriting income (loss) of $67.2M in Q1 2026.
How has Old Republic International's specialty insurance group — segment underwriting income (loss) changed year-over-year?
Old Republic International's specialty insurance group — segment underwriting income (loss) decreased by 46.7% year-over-year, from $126.1M to $67.2M.
What is the long-term trend for Old Republic International's specialty insurance group — segment underwriting income (loss)?
Over 3 years (2022 to 2025), Old Republic International's specialty insurance group — segment underwriting income (loss) has grown at a -4.2% compound annual growth rate (CAGR), from $400.9M to $352.5M.
What does specialty insurance group — segment underwriting income (loss) mean?
Measures the profitability of the insurance underwriting activities within the specialty segment, calculated as net premiums earned minus claims, benefits, and underwriting expenses. It excludes investment income, focusing purely on the core insurance business performance.

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