Old Republic International (ORI) Shares Drop 11.73% Despite Revenue Growth
Old Republic International (ORI) saw its stock plummet 11.73% to $38.06 after reporting mixed Q4 results. While premiums ROSE nearly 10% and investment income grew 7.9%, operating income fell 18.6%, reflecting cost pressures in underwriting.
The insurer posted $206.3M net income but disappointed markets with weakening Core profitability metrics. Higher combined ratios signaled margin compression across insurance segments, overshadowing solid capital returns.