Detail akcie Old Rep Intl online

Business Summary: Old Republic International Corporation is a holding company. The Company is engaged in the business of insurance underwriting and related services. It operates through three segments: General Insurance (property and liability insurance), Title Insurance, and Republic Financial Indemnity Group (RFIG) Run-off. Its General Insurance provides property and liability insurance primarily to commercial clients. Title Insurance consists of the issuance of policies to real estate purchasers and investors based upon searches of the public records which contain information concerning interests in real property. The policies insure against losses arising out of defects, liens, and encumbrances. RFIG Run-off segment offers private mortgage insurance, which protects mortgage lenders and investors from default-related losses on residential mortgage loans made primarily to homebuyers. The RFIG Run-off mortgage guaranty operations insures only first mortgage loans, primarily on residential properties.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Old Republic International Corp revenues decreased 12% to $7.38B. Net income applicable to common stockholders decreased 13% to $598.7M. Revenues reflect Title Insurance segment decrease of 33% to $2.62B. Net income also reflects Expense Ratio -%- RFIG increase of 44% to 76.5%, Claim Ratio -%-Title Insurance decrease of 17% to 1.9%, Other Operating Expense increase from $0K to $4.2M (expense).