Run-Off Overview and Dividend Record slide image

Run-Off Overview and Dividend Record

OLD REPUBLIC INTERNATIONAL CORPORATION 4th Quarter 2021 Highlights $0.88 Operating EPS 17% increase from $0.75 in the 4th quarter of 2020 due to underwriting strength in both General Insurance & Title. $22.76 Book Value Per Share Adding back 2021 dividends, book value increased 21% from year-end 2020. $2.12 billion Net Premiums & Fees Earned 11% increase driven by Title Insurance (up 15%) and General Insurance (up 8%). 4.6 points Favorable Development Favorable development in all three segments. 88.5 Combined Ratio Down 1.8 points versus last year's 90.3. General Insurance at 88.2 (vs 92.7) and Title Insurance at 89.4 (vs 88.1). $0.22 Regular Quarterly Dividend $1.50 Special Dividend Up 5% from prior year Declared in September 2021 and paid in October 2021 7
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