Old Republic International

Old Republic International

About Old Republic International

Simplify's Rating
Why Old Republic International is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Consulting

Financial Services

Company Size

N/A

Company Stage

IPO

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1887

Overview

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Simplify's Take

What believers are saying

  • Increased demand for cyber insurance due to rising cyber threats.
  • Integration of AI enhances risk assessment and pricing accuracy.
  • Digital transformation drives need for advanced technology solutions.

What critics are saying

  • Increased competition in the cyber insurance market from major players.
  • High costs associated with launching Old Republic Cyber, Inc.
  • Technological advancements in cyber threats may outpace current offerings.

What makes Old Republic International unique

  • Old Republic Cyber, Inc. focuses on specialized Cyber and Technology E&O insurance.
  • The company has a strong history of increasing dividends for 43 consecutive years.
  • Old Republic is one of the nation's 50 largest shareholder-owned insurance businesses.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Holidays

Flexible Spending Account

Health Savings Account/Flexible Spending Account

Fertility Treatment Support

Family Planning Benefits

Employee Assistance Program

Educational Assistance Program

Commuter Benefits

Company News

Coverage
Feb 2nd, 2025
Old Republic Launches Cyber And Tech E&O Subsidiary

Old Republic International Corporation <i class="fa fa-info-circle company-popover" data-content="h3Old Republic International Corporation/h3. div. table

PR Newswire
Jan 9th, 2025
Old Republic International Announces Fourth Quarter 2024 Earnings Call

CHICAGO, Jan. 9, 2025 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — today announced that it will report financial results for the fourth quarter of 2024 before the market opens on Thursday, January 23, and will hold a conference call at 3:00 p.m. Eastern time to discuss results. The call can be accessed live on Old Republic's website at www.oldrepublic.com or by dialing 888-510-2411, passcode 4060501. Investors may also access a replay of the call by dialing 1-800-770-2030, passcode 4060501, which will be available through January 30, 2025. The replay will also be available on Old Republic's website

PR Newswire
Jan 6th, 2025
Old Republic Announces Formation Of A New Cyber And Technology Company

CHICAGO, Jan. 6, 2025 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today announced that it is forming a new underwriting subsidiary to provide Cyber and Technology Errors and Omission (EO) insurance products. The new company, Old Republic Cyber, Inc., will focus on providing specialized Cyber- and Technology-related coverage and will be led by CJ Pruzinsky as President and Kevin McGowan as Executive Vice President and Chief Underwriting Officer. A graduate of William Paterson University, Mr. Pruzinsky has 18 years of cyber underwriting experience with AIG, Beazley, and, most recently, Resilience.  A graduate of Miami University, Mr. McGowan has 15 years of cyber underwriting experience with Ace, Beazley, and, most recently, Resilience

MarketBeat
Dec 18th, 2024
World Investment Advisors LLC Invests $531,000 in Old Republic International Co. (NYSE:ORI)

World Investment Advisors LLC invests $531,000 in Old Republic International Co. (NYSE:ORI).

PR Newswire
Dec 13th, 2024
Old Republic Announces Special Dividend

CHICAGO, Dec. 13, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today announced its Board of Directors has declared a special cash dividend of $2.00 per share. This special dividend is payable on January 15, 2025 to shareholders of record on January 3, 2025 and will return approximately $500 million to shareholders. In the fourth quarter to date, Old Republic has purchased $174 million under a $1.1 billion share repurchase authorization approved by the Board on February 29, 2024, of which approximately $240 million remains available. Under the share repurchase program, Old Republic may continue to purchase shares on a discretionary basis from time to time through open market purchases, private negotiated transactions or other means. In reaching its decision to declare the special dividend, the Board of Directors evaluated such factors as the current and foreseeable liquidity and capital needs of the parent holding company and its insurance company subsidiaries

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