Old Republic International Corporation Business Overview slide image

Old Republic International Corporation Business Overview

OLD REPUBLIC INTERNATIONAL CORPORATION 2nd Quarter 2022 Highlights $0.69 Operating EPS 5.5% decrease from $0.73 in the 2nd quarter reflects increasing mortgage interest rate effect on Title Insurance results. $20.99 Book Value Per Share Adding back 2022 dividends, book value decreased 5.8% from year- end 2021. $1.98 billion Net Premiums & Fees Earned Relatively consistent results driven by General Insurance (up 9%) offset by Title Insurance (down 7%). 1.9 points Favorable Development Favorable development in all segments. 90.9 Combined Ratio Up 0.3 point versus last year's 90.6. General Insurance at 92.5 (vs 94.0) and Title Insurance at 90.4 (vs 88.4). $0.23 Regular Quarterly Dividend $1.00 Special Dividend $450 million Share Repurchase Up 4.5% from prior year Approximately $300 million declared August 19 and paid September 15 Authorized by the Board August 19 7
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