Old republic international corporation (ORI)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenues [Abstract]
Premiums Earned, Net

5,498

5,253

5,080

4,868

4,758

4,446

4,456

4,043

3,695

3,225

3,111

3,125

Title Escrow And Other Fees

495

450

459

464

420

364

429

427

354

348

277

192

Total Premiums And Fees

5,994

5,703

5,539

5,333

5,179

4,811

4,885

4,471

4,050

3,573

3,388

3,318

Net Investment Income

450

431

409

387

388

345

318

336

364

379

383

377

Other income

132

121

102

107

106

101

90

114

115

41

24

28

Total Operating Revenues

6,577

6,257

6,051

5,827

5,674

5,258

5,294

4,922

4,529

3,993

3,797

3,724

Investment gains (losses):
Realized from actual transactions

36

58

211

77

91

272

148

48

165

110

15

-4

Realized from impairments

-

-

-

-4

0

0

0

-0

-50

-1

-9

-482

Unrealized from changes in fair value of equity securities

599

-293

0

0

-

-

-

-

-

-

-

-

Gain (Loss) on Investments

636

-235

211

72

91

272

148

47

115

109

6

-486

Revenues

7,213

6,021

6,263

5,900

5,766

5,530

5,442

4,970

4,645

4,102

3,803

3,237

Benefits, Claims and Expenses:
Benefits, claims and settlement expenses

2,545

2,440

2,459

2,329

2,441

2,500

2,223

2,747

2,748

2,266

2,591

2,700

Dividends to policyholders

27

19

19

18

17

14

15

17

15

12

7

15

Underwriting, acquisition, and other expenses

3,278

3,080

2,995

2,816

2,633

2,381

2,509

2,297

2,054

1,764

1,454

1,338

Interest and other charges

40

42

63

50

41

25

21

36

63

32

24

2

Total expenses

5,891

5,583

5,537

5,214

5,134

4,921

4,769

5,098

4,882

4,075

4,077

4,056

Income (loss) before income taxes (credits)

1,322

438

725

686

631

609

672

-128

-236

27

-273

-819

Income Taxes (Credits):
Income Tax Expense (Benefit), Continuing Operations [Abstract]
Current

238

114

132

190

201

152

79

2

-36

-22

56

19

Deferred

27

-46

32

28

8

47

146

-62

-59

20

-230

-280

Income Tax Expense (Benefit)

265

67

164

219

209

199

225

-59

-96

-2

-174

-260

Net Income (Loss) Attributable to Parent

1,056

370

560

466

422

409

447

-68

-140

30

-99

-558

Earnings Per Share [Abstract]
Net income (loss) per share: Basic (in dollars per share)

3.52

1.26

2.14

1.80

1.63

1.58

1.74

-0.27

-0.55

0.13

-0.42

-2.41

Net income (loss) per share: Diluted (in dollars per share)

3.51

1.24

1.92

1.62

1.48

1.44

1.57

-0.27

-0.55

0.13

-0.42

-2.41

Average shares outstanding: Basic (in shares)

299

294

262

259

259

258

257

255

255

241

235

231

Average shares outstanding: Diluted (in shares)

301

301

299

296

296

295

293

255

255

241

235

231

Dividends Per Common Share:
Common Stock, Dividends, Per Share, Cash Paid

1.80

0.78

1.76

0.75

0.74

0.73

0.72

0.71

0.70

0.69

0.68

0.67

Net unrealized gains (losses) on securities, net of tax

-

-

-

-

-

-

-

-

-

-101

-376

-

Net adjustment related to defined benefit plans, net of tax

-

-

-

-

-

-

-

-

-

2

-0

-

Foreign currency translation and other adjustments

-

-

-

-

-

-

-

-

-

-5

-18

-

Net adjustments

-

-

-

-

-

-

-

-

-

-105

-395

-

Comprehensive income (loss)

-

-

-

-

-

-

-

-

-

135

296

-