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Old Republic International ORI Specialty Insurance Segment — Deferred Policy Acquisition Costs

Other segment segments

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

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PFGSegment Benefits And Protection — Deferred Policy Acquisition Costs
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THGSpecialty Lines — Supplementary Insurance Information Amortization Of Deferred Policy Acquisition Costs
$91.8M+5.7%

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 specialty insurance segment — deferred policy acquisition costs?
Old Republic International (ORI) reported specialty insurance segment — deferred policy acquisition costs of $636.1M in Q4 2025.
How has Old Republic International's specialty insurance segment — deferred policy acquisition costs changed year-over-year?
Old Republic International's specialty insurance segment — deferred policy acquisition costs increased by 19.8% year-over-year, from $531.1M to $636.1M.
What does specialty insurance segment — deferred policy acquisition costs mean?
This represents the capitalized costs directly related to acquiring new insurance policies, such as commissions and underwriting expenses, which are amortized over the life of the policy. It reflects the investment made to generate future premium revenue. Proper management of these costs is vital for maintaining underwriting profitability.