Old Republic Reports Results For The Second Quarter And First Half 2020
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Old Republic (ORI) Tops Q2 EPS by 3c
July 23, 2020 9:04 AM EDTOld Republic (NYSE: ORI) reported Q2 EPS of $0.42, $0.03 better than the analyst estimate of $0.39. Revenue for the quarter came in at $1.62 billion versus the consensus estimate of $1.65 billion.
his year's second quarter and first half pretax and net income, exclusive of all investment gains and (losses) were affected primarily by relatively stable results within the General Insurance segment, greater profitability in the Title Insurance segment, and increased claim costs in the RFIG Run-off business. In combination, the business produced a 96.0% consolidated combined ratio for the second quarter of 2020, up slightly from 95.2%... More
