Old Republic (ORI) Tops Q1 EPS by 8c
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Old Republic Reports Results For The First Quarter 2015
April 23, 2015 9:01 AM EDTCHICAGO, April 23, 2015 /PRNewswire/ --Â Old Republic International Corporation (NYSE: ORI) today reported financial results for the first quarter of 2015. Pretax operating income rose 27.6 percent year-over-year as title insurance and the RFIG run-off segment registered increases of 233.5 percent and 79.9 percent, respectively. The general insurance segment's performance produced nearly equal results year-over-year as underwriting profits lagged slightly. Net income for the first three months of 2015 was much lower when compared to the same period last year which benefitted from substantially greater realized gains from sales of securities.
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