Old Republic more than doubles underwriting income, boosted by $25mn reserve release
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Old Republic more than doubles underwriting income, boosted by $25mn reserve release

James Thaler
October 29, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Old Republic Chic.jpg

Chicago-based specialty carrier Old Republic (ORI) more than doubled its underwriting income and cut its combined ratio, helped by improving results in commercial auto, general liability, and its financial lines business, while also benefitting from $25mn in reserve releases.

On Thursday, the carrier reported $0.79 in adjusted earnings per share, a nearly 30% improvement from a year ago.

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

NewsResultsOld RepublicEarnings
JT
James Thaler
Gift this article