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Old Republic International (Old Republic International) Combined Ratio % : 93.30% (As of Dec. 2023)


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What is Old Republic International Combined Ratio %?

Combined Ratio % is a profitability metric of an insurance company to measure its performance in daily operations. It measures the money flowing out of an insurance company in the form of dividends, expenses, and losses.

Old Republic International's Combined Ratio % for the quarter that ended in Dec. 2023 was 93.30% , which is higher than 91.90% for the pervious quarter ended in Sep. 2023.

Old Republic International's Combined Ratio % for the annual that ended in Dec. 2023 was 92.60% , which is higher than 91.00% for the pervious year ended in Dec. 2022.

The historical rank and industry rank for Old Republic International's Combined Ratio % or its related term are showing as below:

ORI's Combined Ratio % is not ranked *
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Combined Ratio % only.

Old Republic International Combined Ratio % Historical Data

The historical data trend for Old Republic International's Combined Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Old Republic International Combined Ratio % Chart

Old Republic International Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Combined Ratio %
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Expense Ratio %
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Claims Ratio %
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Old Republic InternationalQuarterly Data
Trend Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Combined Ratio %
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Expense Ratio %
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Claims Ratio %
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Competitive Comparison of Old Republic International's Combined Ratio %

For the Insurance - Diversified subindustry, Old Republic International's Combined Ratio %, along with its competitors' market caps and Combined Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Old Republic International  (NYSE:ORI) Combined Ratio % Calculation

Combined Ratio % is calculated as:

Combined Ratio %=( Incurred Losses + Expenses ) / Earned Premium * 100%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Old Republic International  (NYSE:ORI) Combined Ratio % Explanation

Combined Ratio % measures the money flowing out of an insurance company in the form of dividends, expenses and losses. A ratio below 100 percent suggests that the company is making an underwriting profit, while a ratio above 100 percent means that it paid more in the claim than it received. However, a ratio above 100 percent does not necessarily mean the company is losing money because the investment income is not included in the calculation.

Compared to Claims Ratio % and Expense Ratio %, the combined ratio is most important because it provides a comprehensive measure of an insurer's profitability.


Old Republic International Combined Ratio % Related Terms

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Old Republic International (Old Republic International) Business Description

Traded in Other Exchanges
Address
307 North Michigan Avenue, Chicago, IL, USA, 60601
Old Republic International Corp offers a diverse range of specialized insurance products to individuals and institutions. It operates in three segments: General Insurance (property and liability insurance), Title Insurance, and Republic Financial Indemnity Group (RFIG) Run-off. General Insurance includes products such as Automobile Extended Warranty Insurance, Aviation, Commercial Automobile Insurance, Inland Marine, Travel Accident, Workers' Compensation, Financial Indemnity, and others. Title Insurance's business consists primarily 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. Almost all of its revenue is generated from the United States.
Executives
Charles J Kovaleski director 307 NORTH MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
Jeffrey Lange officer: SVPUnderwriting & Distribution 307 N. MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
Carolyn Monroe officer: SVP - Title Insurance 307 N. MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
Barbara Adachi director 307 N. MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
Stephen J Oberst officer: Executive Vice President 307 NORTH MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
John Eric Smith director 260 LENA DRIVE, AURORA OH 44202
Michael Denard Kennedy director 307 NORTH MICHIGAN AVENUE, CHICAGO IL 60601
Lisa J Caldwell director 307 N. MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
Aldo C Zucaro director, officer: Chairman, President & CEO 307 N MICHIGAN AVE, STE 2300, CHICAGO IL 60601
Glenn W Reed director 307 NORTH MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
Karl W Mueller officer: Senior VP & CFO 307 NORTH MICHIGAN AVENUE, CHICAGO IL 60601
Thomas Dare officer: SrVP Secretary General Counsel 307 NORTH MICHIGAN AVENUE, CHICAGO IL 60601
William T Gray officer: Senior VP & Treasurer
Rande Keith Yeager officer: SVP, Title Insurance 307 NORTH MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
Steven J Bateman director 307 NORTH MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601