Old Republic
OverviewSuggest Edit
Old Republic International is a holding company engaged in the business of insurance underwriting and related services. It conducts its operations through a number of regulated insurance company subsidiaries organized into three major segments: General Insurance (property and liability insurance), Title Insurance, and the Republic Financial Indemnity Group (RFIG) run-off business.
| Type | Public | |
| Founded | 1923 | |
| HQ | Chicago, IL, US | Map |
| Website | oldrepublic.com | |
| Employee Ratings | More | |
| Overall Culture | C+ | More |
Recent NewsAll News
Key People/Management at Old Republic
W. Todd Gray
Senior Vice President and Treasurer; and Senior Vice President - Operations & Finance - Old Republic General Insurance Companies
John R. Heitkamp
Senior Vice President, Secretary, and General Counsel
Karl W. Mueller
Senior Vice President and Chief Financial Officer
Reynolds American
Executive Vice President and Chief Human Resources Officer
Stephen J. Oberst
Executive Vice President
Craig R. Smiddy
Director, President and Chief Executive Officer; and President and Chief Executive Officer – Old Republic General Insurance Group
Old Republic Office Locations
Old Republic has offices in Chicago and Saint Paul
Chicago, IL, US (HQ)
307 N Michigan Ave
Old Republic Financials and Metrics
Old Republic Revenue
Old Republic's revenue was reported to be $7.17 b in FY, 2020 which is a 0.7% decrease from the previous period.
| USD | |
|---|---|
Revenue (Q1, 2021) | 2.4b |
Gross profit (Q1, 2021) | 1.8b |
Gross profit margin (Q1, 2021), % | 74.6% |
Net income (Q1, 2021) | 502.1m |
Market capitalization (15-Sept-2021) | 7.2b |
Closing stock price (15-Sept-2021) | 23.5 |
Cash (31-Mar-2021) | 123.4m |
EV | 8.0b |
Old Republic's current market capitalization is $7.2 b.
Annual
Annual
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|
Net Income | 412.2m | 577.7m | 780.6m | (604.8m) | (207.0m) | 38.9m | 502.1m |
Accounts Payable | (5.3m) | 2.6m | 116.1m | 1.9m | 54.7m | 51.9m | (58.1m) |
Cash From Operating Activities | 136.2m | 313.4m | 666.2m | 216.3m | 438.3m | 808.9m | 296.0m |
Cash From Investing Activities | (80.9m) | (195.1m) | (178.6m) | (36.4m) | (226.7m) | (551.9m) | 88.3m |
| USD | FY, 2018 |
|---|---|
EV/CFO | 9.3 x |
Revenue/Employee | 669.1k |
Debt/Equity | 0.2 x |
Debt/Assets | 0.1 x |
Financial Leverage | 3.8 x |
P/E Ratio | 16.6 |
Old Republic Operating Metrics
Old Republic's Reported Claims, units was reported to be 134.5 k in FY, 2020.
Old Republic Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| PMA Capital Corporation | October 06, 2010 | |
| American Business & Mercantile Insurance Mutual, Inc. | ||
| American First Title & Trust Company | ||
| American Guaranty Title Insurance Company | ||
| Attorneys’ Title Fund Services, LLC | ||
| BITCO Corporation | ||
| BITCO General Insurance Corporation | ||
| BITCO National Insurance Company | ||
| Brummel Brothers, Inc. | ||
| Compass Abstract, Inc. |
Old Republic Revenue Breakdown
Old Republic revenue breakdown by business segment: 45.6% from Title Insurance, 53.0% from General Insurance and 1.4% from Other
Human Capital Metrics
Source: craft.co, craft.co, gxvkXkR1tXp7cSdJnzj14SR4jVjT4DNIMvxyPYQxq1s3teWHnk4XAPXLfkETP6XdOMfcMEgXyuEMK1zGXhkyECt8muVbyEYFfyKi0TwzxOUtWAtWxcQ1vt672JlIqM
Old Republic Cybersecurity Score
Old Republic Online and Social Media Presence
Old Republic's Trends
Old Republic Company Culture
Overall Culture
C+
73/100
CEO Rating
D+
65/100
Compensation
C+
73/100
Diversity
B
86/100
Old Republic News and Updates
September 09, 2021
Knights of the Old Republic returns with remake that is a timed exclusive to PS5
Knights of the Old Republic Remake is coming to PlayStation 5. Developer Aspyr is working on the project, which it teased today.
August 13, 2021
Old Republic Declares A Special, One-Time Cash Dividend of $1.50 Per Share
CHICAGO, Aug. 13, 2021 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced its Board of Directors has declared a special, one-time cash dividend of $1.50 per share. The dividend will be paid on October 6, 2021 to shareholders of record on September 15, 2021....
August 13, 2021
Old Republic Issues Special Report on Enterprise Risk Management
CHICAGO, Aug. 13, 2021 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced the issuance of a Special Report that addresses important Enterprise Risk Management principles and practices pertaining to: Insurance Underwriting Risk, Capital Management, and...
August 02, 2021
Old Republic Announces Senior Management Changes at Old Republic Home Protection
CHICAGO, Aug. 2, 2021 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced changes within the senior management ranks of its home service contract subsidiary, Old Republic Home Protection (ORHP). Gwen Gallagher has decided to retire from her long-standing...
May 14, 2021
Old Republic Declares Second Quarter Cash Dividend Of 22 Cents Per Share
CHICAGO, May 14, 2021 /PRNewswire/ -- The Board of Directors of Old Republic International Corporation (NYSE: ORI) declared a regular quarterly cash dividend of 22 cents per common share. This dividend is payable on June 15, 2021 to shareholders of record on June 4, 2021. Subject to Board...
April 06, 2021
Owl Creek Calls On Old Republic to Unload Title Division
Owl Creek Calls On Old Republic to Unload Title Division
Old Republic Blogs
January 23, 2020
Old Republic Reports Results for the Fourth Quarter and Full Year 2019
CHICAGO , Jan. 23, 2020 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today reported the following consolidated results (a): Quarters Ended December 31, Years Ended December 31, 2019 2018 % Change 2019 2018 % Change Pretax income (loss) $ 346.0 $ (137.5) 351.6 % $ 1,322.4 $
January 09, 2020
Q4 2019 Old Republic Earnings Conference Call
Q4 2019 Old Republic Earnings Conference Call
John.Bissaillo…
Thu, 01/09/2020 - 10:41
Q4 2019 Old Republic Earnings Conference Call
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Event Type
Earnings Conference Call
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January 09, 2020
Old Republic International Announces Fourth Quarter 2019 Conference Call
Old Republic International Announces Fourth Quarter 2019 Conference Call
Content Import
Thu, 01/09/2020 - 10:35
Old Republic International Announces Fourth Quarter 2019 Conference Call
January 9, 2020 at 10:35 AM EST
This release is a backfill from a News Wire…
November 26, 2019
Old Republic Declares Fourth Quarter Regular Cash Dividend of 20 Cents Per Share
CHICAGO , Nov. 26, 2019 /PRNewswire/ -- The Board of Directors of Old Republic International Corporation (NYSE: ORI) has declared a regular quarterly cash dividend of 20 cents per common share. This dividend is payable December 16, 2019 to shareholders of record on December 6, 2019 .
November 14, 2019
Old Republic Appoints New Chief Operating Officer To Home Protection Business
CHICAGO , Nov. 14, 2019 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced that Frank Caballero (49) will join its Old Republic Home Protection Company (ORHP) home service contract subsidiary as its Senior Vice President and Chief Operating Officer.
October 24, 2019
Old Republic Reports Results For The Third Quarter And First Nine Months Of 2019
CHICAGO , Oct. 24, 2019 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today reported the following consolidated results (a): Quarters Ended September 30, Nine Months Ended September 30, 2019 2018 % Change 2019 2018 % Change Pretax income (loss) $ 252.4 $ 335.1 -24.7 % $ 976.3
Old Republic Frequently Asked Questions
When was Old Republic founded?
Old Republic was founded in 1923.
Who are Old Republic key executives?
Old Republic's key executives are W. Todd Gray, John R. Heitkamp and Karl W. Mueller.
How many employees does Old Republic have?
Old Republic has 9,000 employees.
What is Old Republic revenue?
Latest Old Republic annual revenue is $7.2 b.
What is Old Republic revenue per employee?
Latest Old Republic revenue per employee is $796.2 k.
Who are Old Republic competitors?
Competitors of Old Republic include Fidelity National Financial, AXA and The Hartford.
Where is Old Republic headquarters?
Old Republic headquarters is located at 307 N Michigan Ave, Chicago.
Where are Old Republic offices?
Old Republic has offices in Chicago and Saint Paul.
How many offices does Old Republic have?
Old Republic has 2 offices.
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