Old Republic reports Q2 2026 net operating income of $186.0M ($0.76/share), down 11% YoY

Filed July 23, 2026 · Period ending July 23, 2026 · ~2 min read

Key Changes

• high

  Q2 2026 net operating income fell 11% to $186.0M ($0.76/share) from $209.2M ($0.83/share) in Q2 2025, as consolidated combined ratio rose to 95.3% from 93.6% driven by lower favorable prior-year reserve development.

  Item 2.02 verify on EDGAR →
• high

  Specialty Insurance combined ratio deteriorated to 95.5% from 90.7%, with $40M (3.0 points) unfavorable reserve development from run-off transactional risk business mostly offset by favorable development in commercial auto and property.

  Exhibit 99.1 view on EDGAR →
• high

  Title Insurance pretax operating income surged 130.5% to $55.9M from $24.2M, with net premiums up 131% to $772.6M and combined ratio improving to 95.1% from 99.0%.

  Exhibit 99.1 view on EDGAR →