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.

TypePublic
Founded1923
HQChicago, IL, US
Websiteoldrepublic.com
Employee Ratings2.6
Overall CultureC+

Latest Updates

Employees (est.) (Dec 2020)9,000
Revenue (FY, 2020)$7.2 B
Share Price (Sept 2021)$23.5(+2%)
Cybersecurity ratingCMore

Key People/Management at Old Republic

W. Todd Gray

W. Todd Gray

Senior Vice President and Treasurer; and Senior Vice President - Operations & Finance - Old Republic General Insurance Companies
John R. Heitkamp

John R. Heitkamp

Senior Vice President, Secretary, and General Counsel
Karl W. Mueller

Karl W. Mueller

Senior Vice President and Chief Financial Officer
Reynolds American

Reynolds American

Executive Vice President and Chief Human Resources Officer
Stephen J. Oberst

Stephen J. Oberst

Executive Vice President
Craig R. Smiddy

Craig R. Smiddy

Director, President and Chief Executive Officer; and President and Chief Executive Officer – Old Republic General Insurance Group
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Old Republic Office Locations

Old Republic has offices in Chicago and Saint Paul
Chicago, IL, US (HQ)
307 N Michigan Ave
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Old Republic Financials and Metrics

Old Republic Revenue

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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
USDFY, 2018FY, 2019FY, 2020

Revenue

6.0b7.2b7.2b

Revenue growth, %

(4%)20%(1%)

Cost of goods sold

2.4b2.5b2.5b

Gross profit

3.6b4.7b4.7b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.9b1.6b1.8b701.5m2.0b1.9b2.4b

Cost of goods sold

598.5m629.9m659.5m619.7m617.8m633.2m598.0m

Gross profit

1.3b1.0b1.1b81.8m1.4b1.3b1.8b

Gross profit Margin, %

68%62%63%12%69%66%75%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

100.3m78.8m118.7m

Total Assets

19.3b21.1b22.8b

Accounts Payable

525.4m550.9m663.5m

Long-term debt

981.4m974.0m966.4m
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

370.5m1.1b558.6m

Accounts Payable

30.0m88.0m176.2m

Cash From Operating Activities

760.5m936.2m1.2b

Cash From Investing Activities

(239.5m)(424.6m)(845.2m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

412.2m577.7m780.6m(604.8m)(207.0m)38.9m502.1m

Accounts Payable

(5.3m)2.6m116.1m1.9m54.7m51.9m(58.1m)

Cash From Operating Activities

136.2m313.4m666.2m216.3m438.3m808.9m296.0m

Cash From Investing Activities

(80.9m)(195.1m)(178.6m)(36.4m)(226.7m)(551.9m)88.3m
USDFY, 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
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Old Republic Operating Metrics

Old Republic's Reported Claims, units was reported to be 134.5 k in FY, 2020.
FY, 2018FY, 2019FY, 2020

Reported Claims, units

534.89 k514.73 k134.46 k
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Old Republic Acquisitions / Subsidiaries

Company NameDateDeal Size
PMA Capital CorporationOctober 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.
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Old Republic Revenue Breakdown

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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
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Old Republic Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Old Republic Online and Social Media Presence

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Old Republic Company Culture

  • Overall Culture

    C+

    73/100

  • CEO Rating

    D+

    65/100

  • Compensation

    C+

    73/100

  • Diversity

    B

    86/100

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Old Republic News and Updates

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.

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....

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...

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...

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...

Owl Creek Calls On Old Republic to Unload Title Division

Owl Creek Calls On Old Republic to Unload Title Division
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Old Republic Blogs

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 $

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 Display "add to calendar" true Event Type Earnings Conference Call Click Here for Webcast …

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…

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 .

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.

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
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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.