ORI 📈 Old Republic International - Overview

Old Republic International Corporation operates as a holding company, overseeing a diverse range of insurance underwriting and related services across the United States and Canada. Its business is segmented into three primary categories: General Insurance, Title Insurance, and Republic Financial Indemnity Group Run-off Business. The General Insurance segment is particularly broad, offering an array of products including aviation, commercial auto, and workers' compensation insurance, alongside financial indemnity products tailored for specialty coverages such as errors and omissions, and directors and officers liability. This segment caters to a wide spectrum of clients, including businesses, governmental entities, and institutions within various industries like transportation, healthcare, and financial services.

The Title Insurance segment focuses on providing essential services to the real estate industry, including lenders' and owners' title insurance policies. These policies are issued following thorough searches of public records, ensuring that property transactions are secure and legitimate. Beyond title insurance, this segment also offers escrow closing services, construction disbursement services, and an array of real estate information products. Additionally, it provides national default management services and other solutions related to real estate transfers and loan transactions, making it a one-stop-shop for many of the needs associated with property purchases and investments.

The Republic Financial Indemnity Group Run-off Business segment is dedicated to providing private mortgage insurance. This type of insurance is crucial for protecting mortgage lenders and investors from potential losses due to defaults on residential mortgage loans. By offering this coverage, Old Republic International Corporation plays a significant role in facilitating mortgage lending and supporting the stability of the housing market. With a history dating back to 1923, Old Republic International Corporation has established itself as a stalwart in the insurance industry, with its headquarters in Chicago, Illinois, and a web presence at https://www.oldrepublic.com. The company's common stock is listed under the ISIN US6802231042, categorized under the Property & Casualty Insurance sub-industry.