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Stock impact report

Old Republic Reports Results For The Second Quarter And First Half 2018

Old Republic International Corporation (ORI) 
Last old republic international corporation earnings: 4/23 09:00 am Check Earnings Report
US:NYSE Investor Relations: ir.oldrepublic.com
Company Research Source: PR Newswire
CHICAGO, July 26, 2018 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today reported the operating and net income amounts shown in the following table. Pretax operating income benefitted from improving underwriting/service income trends for General Insurance in particular, mid-single digit investment income growth, and lower debt interest costs. Post-tax operating income was affected by the same factors and a lower corporate income tax rate, while net income was additionally influenced by variations in realized investment gains and the inclusion, for the first time in 2018, of unrealized investment gains or losses of equity securities. As the consequence of some of these factors, year-over-year reported results are not fully comparable. The table following the Financial Highlights shows the impact of the pertinent factors on period-to-period comparisons.Financial Highlights (a)Quarters Ended June 30,Six Months Ended June 30,20182017Change20182017ChangeOperating rev Show less Read more
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