ADDED
It conducts its business through a number of operating companies, which utilize one or more insurance company subsidiaries to issue their policies, and is organized into two segments: Specialty Insurance and Title Insurance.
"Old Republic" or "the Company" refers to Old Republic International Corporation, its subsidiaries, and any variable interest entities that meet the requirements for consolidation, as the context requires.
This information should be read in conjunction with the consolidated financial statements, the accompanying footnotes, and "Management's Discussion and Analysis of Financial Condition and Results of Operations" appearing elsewhere in this report.
The Company does not have a meaningful exposure to homeowners or private auto coverages.
Cyber: Cyber insurance solutions designed to provide protection against the financial impacts of cyber risks for businesses across a wide range of industries.
Environmental: Customized primary and excess environmental liability solutions offered to businesses of varying scales and complexities.
Approximately 95% of Specialty Insurance premiums are produced through independent agency or brokerage channels, while the remaining 5% is obtained through direct production facilities.
Commercial auto remains the Company s largest line of coverage and accounted for 42.1% of Specialty Insurance s consolidated net premiums earned in 2025.
Investments in new operating companies have helped grow the Company s presence in non-casualty lines such as property, which now amounts to 13.4% of such totals.
Specialty Insurance net premiums earned increased 10.9% for 2025, driven by a combination of premium rate increases, high renewal retention ratios, and new business production, including an increasing contribution from new operating companies.
REMOVED
and its subsidiaries are all affiliates of the registrant), based on the closing sale price of the registrant's common stock on June 30, 2024, the last day of the registrant's most recently completed second fiscal quarter, was $ 7,241,491,725 .
Title Part Proxy Statement for the 2025 Annual Meeting of Shareholders Exhibits as specified in exhibit index (page 106) III, Items 10, 11, 12, 13 and 14 IV, Item 15 ______________________________________ There are 108 pages in this report PART I Item 1 - Business ($ in Millions, Except Share Data) (a) General Description of Business.
It conducts its operations through a number of regulated insurance company subsidiaries organized into two reportable segments: Specialty Insurance (formerly referred to as General Insurance) and Title Insurance.
Effective as of year-end 2024, the Company renamed its reportable segment formerly referred to as "General Insurance" to "Specialty Insurance." Management believes this name more appropriately reflects Old Republic's specialty P C strategy, with 17 underwriting businesses focused on unique niche markets with specialized distribution, underwriting, claims, and risk control models.
Prior period amounts have been reclassified to reflect the change in reportable segments.
"Old Republic" or "the Company" refers to Old Republic International Corporation and its subsidiaries as the context requires.
This information should be read in conjunction with the consolidated financial statements, the accompanying footnotes, and "Management Analysis of Financial Position and Results of Operations" appearing elsewhere in this report.
The Company does not have a meaningful exposure to personal lines insurance such as homeowners and private auto 4 coverages.
Approximately 94% of Specialty Insurance premiums are produced through independent agency or brokerage channels, while the remaining 6% is obtained through direct production facilities.
Commercial auto remains the Company s largest line of coverage and accounted for 41.9% of Specialty Insurance s consolidated net premiums earned in 2024.