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Information About Segments of Business (Tables) | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting | The contributions of Old Republic's reportable segments to consolidated totals are shown in the following tables.
Quarter Ended June 30, 2025: |  | Specialty Insurance |  | Title Insurance |  | Corporate & Other |  | Consolidation Elimination Adjustments (a) |  | Total
Revenues: |  |  |  |  |  |  |  |  |  |
Net premiums written |  | $ | 1,361.0 |  |  | $ | 629.8 |  |  | $ | 2.8 |  |  | $ | — |  |  | $ | 1,993.8 |
Net premiums earned |  | 1,294.5 |  |  | 629.8 |  |  | 2.3 |  |  | — |  |  | 1,926.7 |
Title, escrow, and other fees |  | — |  |  | 67.9 |  |  | — |  |  | — |  |  | 67.9 |
Total premiums and fees |  | 1,294.5 |  |  | 697.8 |  |  | 2.3 |  |  | — |  |  | 1,994.6 |
Other income |  | 49.3 |  |  | 0.1 |  |  | — |  |  | — |  |  | 49.6 |
Expenses (b): |  |  |  |  |  |  |  |  |  |
Loss and loss adjustment expenses |  | 805.5 |  |  | 20.3 |  |  | 0.7 |  |  | — |  |  | 826.5 |
Dividends to policyholders |  | 4.1 |  |  | — |  |  | — |  |  | — |  |  | 4.1 |
Underwriting, acquisition, and other expenses: |  |  |  |  |  |  |  |  |  |
Commissions |  | 148.4 |  |  | 429.0 |  |  | 0.4 |  |  | — |  |  | 577.9 |
Insurance taxes, licenses, and fees |  | 50.1 |  |  | 9.6 |  |  | (0.3) |  |  | — |  |  | 59.4 |
Subtotal |  | 198.5 |  |  | 438.6 |  |  | — |  |  | — |  |  | 637.3 |
General expenses |  | 215.6 |  |  | 232.0 |  |  | 14.9 |  |  | — |  |  | 462.6 |
Total underwriting, acquisition, and |  |  |  |  |  |  |  |  |  |
other expenses |  | 414.2 |  |  | 670.7 |  |  | 15.0 |  |  | — |  |  | 1,099.9 |
Segment underwriting income (loss) |  | 119.9 |  |  | 6.9 |  |  | (13.3) |  |  | — |  |  | 113.6 |
Add: Net investment income |  | 149.9 |  |  | 17.3 |  |  | 20.3 |  |  | (16.1) |  |  | 171.5 |
Less: Interest and other charges |  | 16.1 |  |  | — |  |  | 17.6 |  |  | (16.1) |  |  | 17.6 |
Segment pretax operating income (loss) |  | 253.7 |  |  | 24.2 |  |  | (10.5) |  |  | — |  |  | 267.5 |
Income taxes (credits) on above |  | 51.6 |  |  | 5.0 |  |  | (2.3) |  |  | — |  |  | 54.3 |
Net income (loss) excluding investment gains |  |  |  |  |  |  |  |  |  |
(losses) |  | $ | 202.1 |  |  | $ | 19.2 |  |  | $ | (8.2) |  |  | $ | — |  |  | 213.2 |
Consolidated pretax investment gains (losses): |  |  |  |  |  |  |  |  |  |
Realized from actual transactions and |  |  |  |  |  |  |  |  |  |
impairments |  |  |  |  |  |  |  |  |  | (2.4) |
Unrealized from changes in fair value of |  |  |  |  |  |  |  |  |  |
equity securities |  |  |  |  |  |  |  |  |  | (4.9) |
Income taxes (credits) on above |  |  |  |  |  |  |  |  |  | (2.6) |
Net of tax investment gains (losses) |  |  |  |  |  |  |  |  |  | (4.7) |
Total net income |  |  |  |  |  |  |  |  |  | 208.4 |
Net income attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  | 3.9 |
Net income to shareholders |  |  |  |  |  |  |  |  |  | $ | 204.4 |
Segment and consolidated combined ratio |  | 90.7 | % |  | 99.0 | % |  |  |  |  |  | 93.6 | %
__________ (a) Includes intercompany financing arrangements for which interest charges were $16.1 for the quarter ended June 30, 2025. (b) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. There are no other segment expenses that are part of reported segment profit or loss amounts that are not included in one of the above categories.
Quarter Ended June 30, 2024: |  | Specialty Insurance |  | Title Insurance |  | Corporate & Other |  | Consolidation Elimination Adjustments (a) |  | Total
Revenues: |  |  |  |  |  |  |  |  |  |
Net premiums written |  | $ | 1,247.2 |  |  | $ | 591.9 |  |  | $ | 4.3 |  |  | $ | — |  |  | $ | 1,843.5 |
Net premiums earned |  | 1,129.6 |  |  | 591.9 |  |  | 4.3 |  |  | — |  |  | 1,725.9 |
Title, escrow, and other fees |  | — |  |  | 71.5 |  |  | — |  |  | — |  |  | 71.5 |
Total premiums and fees |  | 1,129.6 |  |  | 663.4 |  |  | 4.3 |  |  | — |  |  | 1,797.4 |
Other income |  | 47.0 |  |  | 0.3 |  |  | — |  |  | — |  |  | 47.3 |
Expenses (b): |  |  |  |  |  |  |  |  |  |
Loss and loss adjustment expenses |  | 716.5 |  |  | 15.3 |  |  | (0.3) |  |  | — |  |  | 731.5 |
Dividends to policyholders |  | 10.0 |  |  | — |  |  | — |  |  | — |  |  | 10.0 |
Underwriting, acquisition, and other expenses: |  |  |  |  |  |  |  |  |  |
Commissions |  | 130.2 |  |  | 398.0 |  |  | — |  |  | — |  |  | 528.3 |
Insurance taxes, licenses, and fees |  | 43.8 |  |  | 9.1 |  |  | (0.1) |  |  | — |  |  | 52.9 |
Subtotal |  | 174.1 |  |  | 407.1 |  |  | — |  |  | — |  |  | 581.2 |
General expenses |  | 190.8 |  |  | 211.0 |  |  | 11.3 |  |  | — |  |  | 413.3 |
Total underwriting, acquisition, and |  |  |  |  |  |  |  |  |  |
other expenses |  | 364.9 |  |  | 618.2 |  |  | 11.3 |  |  | — |  |  | 994.5 |
Segment underwriting income (loss) |  | 85.1 |  |  | 30.2 |  |  | (6.6) |  |  | — |  |  | 108.6 |
Add: Net investment income |  | 132.9 |  |  | 15.5 |  |  | 34.7 |  |  | (15.6) |  |  | 167.4 |
Less: Interest and other charges |  | 15.4 |  |  | (0.3) |  |  | 22.7 |  |  | (15.6) |  |  | 22.2 |
Segment pretax operating income (loss) |  | 202.5 |  |  | 46.0 |  |  | 5.2 |  |  | — |  |  | 253.8 |
Income taxes (credits) on above |  | 41.6 |  |  | 9.4 |  |  | 0.2 |  |  | — |  |  | 51.3 |
Net income (loss) excluding investment gains |  |  |  |  |  |  |  |  |  |
(losses) |  | $ | 160.9 |  |  | $ | 36.5 |  |  | $ | 4.9 |  |  | $ | — |  |  | 202.4 |
Consolidated pretax investment gains (losses): |  |  |  |  |  |  |  |  |  |
Realized from actual transactions and |  |  |  |  |  |  |  |  |  |
impairments |  |  |  |  |  |  |  |  |  | (54.1) |
Unrealized from changes in fair value of |  |  |  |  |  |  |  |  |  |
equity securities |  |  |  |  |  |  |  |  |  | (86.3) |
Income taxes (credits) on above |  |  |  |  |  |  |  |  |  | (29.9) |
Net of tax investment gains (losses) |  |  |  |  |  |  |  |  |  | (110.6) |
Total net income |  |  |  |  |  |  |  |  |  | 91.8 |
Net income attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  | — |
Net income to shareholders |  |  |  |  |  |  |  |  |  | $ | 91.8 |
Segment and consolidated combined ratio |  | 92.4 | % |  | 95.4 | % |  |  |  |  |  | 93.5 | %
__________ (a) Includes intercompany financing arrangements for which interest charges were $15.6 for the quarter ended June 30, 2024. (b) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. There are no other segment expenses that are part of reported segment profit or loss amounts that are not included in one of the above categories.
Six Months Ended June 30, 2025: |  | Specialty Insurance |  | Title Insurance |  | Corporate & Other |  | Consolidation Elimination Adjustments (a) |  | Total
Revenues: |  |  |  |  |  |  |  |  |  |
Net premiums written |  | $ | 2,633.1 |  |  | $ | 1,176.8 |  |  | $ | 6.2 |  |  | $ | — |  |  | $ | 3,816.2 |
Net premiums earned |  | 2,528.1 |  |  | 1,176.8 |  |  | 4.6 |  |  | — |  |  | 3,709.6 |
Title, escrow, and other fees |  | — |  |  | 126.1 |  |  | — |  |  | — |  |  | 126.1 |
Total premiums and fees |  | 2,528.1 |  |  | 1,302.9 |  |  | 4.6 |  |  | — |  |  | 3,835.7 |
Other income |  | 96.4 |  |  | 0.3 |  |  | — |  |  | — |  |  | 96.8 |
Expenses (b): |  |  |  |  |  |  |  |  |  |
Loss and loss adjustment expenses |  | 1,561.0 |  |  | 36.3 |  |  | 1.2 |  |  | — |  |  | 1,598.6 |
Dividends to policyholders |  | 9.7 |  |  | — |  |  | — |  |  | — |  |  | 9.7 |
Underwriting, acquisition, and other expenses: |  |  |  |  |  |  |  |  |  |
Commissions |  | 288.0 |  |  | 805.5 |  |  | 0.2 |  |  | — |  |  | 1,093.8 |
Insurance taxes, licenses, and fees |  | 92.8 |  |  | 18.6 |  |  | 1.6 |  |  | — |  |  | 113.1 |
Subtotal |  | 380.8 |  |  | 824.1 |  |  | 1.8 |  |  | — |  |  | 1,206.9 |
General expenses |  | 426.8 |  |  | 448.0 |  |  | 28.9 |  |  | — |  |  | 903.8 |
Total underwriting, acquisition, and |  |  |  |  |  |  |  |  |  |
other expenses |  | 807.7 |  |  | 1,272.1 |  |  | 30.8 |  |  | — |  |  | 2,110.7 |
Segment underwriting income (loss) |  | 246.1 |  |  | (5.2) |  |  | (27.4) |  |  | — |  |  | 213.4 |
Add: Net investment income |  | 299.9 |  |  | 34.0 |  |  | 40.2 |  |  | (32.0) |  |  | 342.2 |
Less: Interest and other charges |  | 32.1 |  |  | 0.1 |  |  | 35.2 |  |  | (32.0) |  |  | 35.5 |
Segment pretax operating income (loss) |  | 513.9 |  |  | 28.6 |  |  | (22.3) |  |  | — |  |  | 520.2 |
Income taxes (credits) on above |  | 104.7 |  |  | 6.0 |  |  | (6.5) |  |  | — |  |  | 104.1 |
Net income excluding investment gains |  |  |  |  |  |  |  |  |  |
(losses) |  | $ | 409.2 |  |  | $ | 22.6 |  |  | $ | (15.8) |  |  | $ | — |  |  | 416.0 |
Consolidated pretax investment gains (losses): |  |  |  |  |  |  |  |  |  |
Realized from actual transactions and |  |  |  |  |  |  |  |  |  |
impairments |  |  |  |  |  |  |  |  |  | 34.9 |
Unrealized from changes in fair value of |  |  |  |  |  |  |  |  |  |
equity securities |  |  |  |  |  |  |  |  |  | 12.7 |
Income taxes (credits) on above |  |  |  |  |  |  |  |  |  | 9.1 |
Net of tax investment gains (losses) |  |  |  |  |  |  |  |  |  | 38.5 |
Total net income |  |  |  |  |  |  |  |  |  | 454.5 |
Net income attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  | 5.0 |
Net income to shareholders |  |  |  |  |  |  |  |  |  | $ | 449.5 |
Segment and consolidated combined ratio |  | 90.2 | % |  | 100.4 | % |  |  |  |  |  | 93.7 | %
__________ (a) Includes intercompany financing arrangements for which interest charges were $32.0 for the six months ended June 30, 2025. (b) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. There are no other segment expenses that are part of reported segment profit or loss amounts that are not included in one of the above categories.
Six Months Ended June 30, 2024: |  | Specialty Insurance |  | Title Insurance |  | Corporate & Other |  | Consolidation Elimination Adjustments (a) |  | Total
Revenues: |  |  |  |  |  |  |  |  |  |
Net premiums written |  | $ | 2,404.4 |  |  | $ | 1,069.3 |  |  | $ | 9.8 |  |  | $ | — |  |  | $ | 3,483.6 |
Net premiums earned |  | 2,221.3 |  |  | 1,069.3 |  |  | 9.9 |  |  | — |  |  | 3,300.5 |
Title, escrow, and other fees |  | — |  |  | 139.5 |  |  | — |  |  | — |  |  | 139.5 |
Total premiums and fees |  | 2,221.3 |  |  | 1,208.8 |  |  | 9.9 |  |  | — |  |  | 3,440.1 |
Other income |  | 88.8 |  |  | 0.4 |  |  | — |  |  | — |  |  | 89.2 |
Expenses (b): |  |  |  |  |  |  |  |  |  |
Loss and loss adjustment expenses |  | 1,398.0 |  |  | 27.4 |  |  | 0.6 |  |  | — |  |  | 1,426.1 |
Dividends to policyholders |  | 12.8 |  |  | — |  |  | — |  |  | — |  |  | 12.8 |
Underwriting, acquisition, and other expenses: |  |  |  |  |  |  |  |  |  |
Commissions |  | 244.7 |  |  | 730.9 |  |  | — |  |  | — |  |  | 975.8 |
Insurance taxes, licenses, and fees |  | 81.6 |  |  | 17.0 |  |  | 1.0 |  |  | — |  |  | 99.7 |
Subtotal |  | 326.4 |  |  | 747.9 |  |  | 1.1 |  |  | — |  |  | 1,075.5 |
General expenses |  | 381.9 |  |  | 417.2 |  |  | 23.1 |  |  | — |  |  | 822.2 |
Total underwriting, acquisition, and |  |  |  |  |  |  |  |  |  |
other expenses |  | 708.3 |  |  | 1,165.1 |  |  | 24.3 |  |  | — |  |  | 1,897.8 |
Segment underwriting income (loss) |  | 190.9 |  |  | 16.7 |  |  | (15.1) |  |  | — |  |  | 192.5 |
Add: Net investment income |  | 264.0 |  |  | 31.2 |  |  | 68.7 |  |  | (32.3) |  |  | 331.6 |
Less: Interest and other charges |  | 31.9 |  |  | (0.4) |  |  | 39.5 |  |  | (32.3) |  |  | 38.7 |
Segment pretax operating income (loss) |  | 422.9 |  |  | 48.4 |  |  | 14.0 |  |  | — |  |  | 485.4 |
Income taxes (credits) on above |  | 86.5 |  |  | 9.9 |  |  | 1.7 |  |  | — |  |  | 98.2 |
Net income excluding investment gains |  |  |  |  |  |  |  |  |  |
(losses) |  | $ | 336.4 |  |  | $ | 38.4 |  |  | $ | 12.3 |  |  | $ | — |  |  | 387.2 |
Consolidated pretax investment gains (losses): |  |  |  |  |  |  |  |  |  |
Realized from actual transactions and |  |  |  |  |  |  |  |  |  |
impairments |  |  |  |  |  |  |  |  |  | 126.2 |
Unrealized from changes in fair value of |  |  |  |  |  |  |  |  |  |
equity securities |  |  |  |  |  |  |  |  |  | (99.6) |
Income taxes (credits) on above |  |  |  |  |  |  |  |  |  | 5.2 |
Net of tax investment gains (losses) |  |  |  |  |  |  |  |  |  | 21.4 |
Total net income |  |  |  |  |  |  |  |  |  | 408.6 |
Net income attributable to noncontrolling interests |  |  |  |  |  |  |  |  |  | — |
Net income to shareholders |  |  |  |  |  |  |  |  |  | $ | 408.6 |
Segment and consolidated combined ratio |  | 91.4 | % |  | 98.6 | % |  |  |  |  |  | 93.8 | %
__________ (a) Includes intercompany financing arrangements for which interest charges were $32.3 for the six months ended June 30, 2024. (b) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. There are no other segment expenses that are part of reported segment profit or loss amounts that are not included in one of the above categories.
| June 30, |  | December 31,
| 2025 |  | 2024
Consolidated Assets: |  |  |
Specialty Insurance | $ | 26,322.6 |  |  | $ | 24,563.2 |
Title Insurance | 1,905.1 |  |  | 1,915.8 |
Total assets of Company segments | 28,227.8 |  |  | 26,479.1 |
Corporate & Other (a) | 1,196.4 |  |  | 1,532.4 |
Consolidation elimination adjustments (b) | (168.5) |  |  | (168.4) |
Consolidated assets | $ | 29,255.7 |  |  | $ | 27,843.1 |
__________ (a) Includes a small life and accident insurance business, the parent holding company, and several internal corporate services subsidiaries. (b) Includes predominately intercompany debt and various reclassifications.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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