OLD REPUBLIC INTERNATIONAL CORP (ORI)

Old Republic International Corp. is a holding company, which engages in the business of insurance underwriting. It operates through the following segments: General Insurance, Title Insurance, Republic Financial Indemnity Group (RFIG) Run-Off, and Corporate and Other. The General Insurance segment provides property and liability insurance primarily to commercial clients. The Title Insurance segment is involved in 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 RFIG Run-Off segment focuses on mortgage guaranty and consumer credit indemnity operations. The Corporate and Other segment includes a small life and accident insurance business. The company was founded in 1923 and is headquartered in Chicago, IL.

Address

307 N MICHIGAN AVE
CHICAGO, IL 60601

Founded

1923

Number of Employees

9,200

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
- - - - - - - - $281,240 $530,268 $602,949 $471,486
Average Price - - - - - - - - $22.23 $25.35 $30.02 $26.36
# Shares Purchased - - - - - - - - 12,651,527 20,917,251 20,082,486 17,883,755
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - - - - - - 57.4% 38.1% 16.6% 32.8%
S&P 500 Return to Date - - - - - - - - 37.3% 31.3% 7.4% 25.3%
Excess Total Return - - - - - - - - 20.2% 6.7% 9.2% 7.4%
Quartile Rank
Percentile Rank - - - - - - - - 82% 77% 73% 63%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.