Old republic international corporation (ORI)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Revenues [Abstract]
Premiums Earned, Net

1,376

1,481

1,423

1,329

1,263

1,339

1,388

1,294

1,231

1,327

1,312

1,239

1,201

1,286

1,238

1,192

1,150

1,238

1,259

1,158

1,103

1,154

1,159

1,075

1,057

1,133

1,163

1,100

1,060

1,057

1,061

981

943

965

917

890

922

929

797

746

752

866

737

Title Escrow And Other Fees

120

132

138

130

94

109

116

125

99

114

121

123

99

121

126

121

94

101

112

115

91

94

97

97

75

92

108

122

105

112

113

107

93

97

90

87

80

95

87

89

76

71

74

Total Premiums And Fees

1,496

1,613

1,561

1,460

1,358

1,448

1,504

1,420

1,330

1,442

1,433

1,362

1,301

1,408

1,365

1,313

1,245

1,339

1,372

1,273

1,194

1,249

1,256

1,172

1,132

1,225

1,272

1,222

1,165

1,169

1,175

1,088

1,037

1,062

1,007

977

1,003

1,024

885

835

828

938

811

Net Investment Income

114

112

112

113

112

110

108

106

105

103

103

101

101

100

95

94

96

99

104

93

91

91

86

85

82

81

78

78

79

83

82

85

85

89

90

93

91

95

92

95

96

96

93

Other income

34

35

32

34

30

30

30

30

30

26

20

28

27

25

27

26

27

27

27

26

25

25

26

25

23

23

23

23

20

25

28

28

31

28

31

27

28

26

4

4

4

5

6

Total Operating Revenues

1,645

1,762

1,707

1,607

1,500

1,589

1,644

1,557

1,466

1,572

1,557

1,492

1,429

1,534

1,488

1,435

1,369

1,466

1,504

1,393

1,311

1,365

1,369

1,283

1,239

1,330

1,374

1,324

1,265

1,279

1,286

1,201

1,155

1,180

1,129

1,097

1,123

1,146

982

935

929

1,041

912

Investment gains (losses):
Realized from actual transactions

-

-

-

12

-

-

-

32

15

154

35

6

14

14

12

6

44

14

41

16

18

9

21

49

191

1

4

137

4

4

18

22

2

127

26

5

6

29

5

72

2

0

0

Realized from impairments

-

-

-

-2

-

-

-

0

-

-

0

0

0

0

-4

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-0

0

0

0

-0

-42

-8

0

0

-1

0

0

-1

0

Realized Investment Gains Losses From Impairment

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized from changes in fair value of equity securities

-962

160

57

26

355

-311

128

41

-152

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Investments

-944

167

63

36

368

-308

7

73

-136

154

35

6

14

14

7

6

44

14

41

16

18

9

21

49

191

1

4

137

4

4

18

22

2

127

-15

-2

6

29

3

72

2

-0

0

Revenues

701

1,929

1,771

1,644

1,868

1,281

1,779

1,630

1,330

1,726

1,593

1,499

1,444

1,548

1,496

1,442

1,413

1,480

1,545

1,410

1,330

1,375

1,391

1,333

1,430

1,331

1,379

1,461

1,269

1,283

1,304

1,223

1,158

1,307

1,113

1,094

1,129

1,175

986

1,008

932

1,040

912

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

619

657

659

629

598

634

615

601

590

532

759

608

559

582

590

587

569

618

653

604

564

649

643

651

556

557

564

521

578

686

734

713

613

689

734

687

636

669

602

502

491

669

637

Dividends to policyholders

2

10

4

5

7

5

4

6

3

2

7

5

4

4

4

5

4

5

3

3

5

3

3

3

3

3

3

3

4

6

5

3

3

4

3

3

3

5

2

1

2

1

1

Underwriting, acquisition, and other expenses

836

906

845

793

733

770

815

766

728

822

751

721

700

756

724

689

646

703

693

639

595

621

617

573

567

623

656

634

595

621

590

556

529

520

532

497

503

510

436

417

400

388

353

Interest and other charges

11

9

9

10

10

7

9

10

14

14

15

16

16

16

12

10

10

11

10

10

10

9

5

5

5

4

5

5

5

5

5

9

14

13

24

14

10

14

6

5

6

9

5

Total expenses

1,471

1,583

1,518

1,439

1,350

1,418

1,444

1,384

1,336

1,371

1,533

1,352

1,280

1,358

1,331

1,293

1,231

1,338

1,360

1,258

1,176

1,283

1,269

1,234

1,133

1,189

1,229

1,165

1,185

1,319

1,335

1,282

1,160

1,228

1,296

1,203

1,154

1,199

1,047

927

901

1,069

998

Income (loss) before income taxes (credits)

-769

346

252

205

518

-137

335

246

-6

354

59

146

164

190

164

148

182

141

184

151

153

91

121

99

296

142

149

296

84

-36

-31

-58

-2

79

-182

-108

-24

-23

-60

80

31

-29

-85

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

40

125

38

30

43

18

34

35

26

-5

52

33

51

45

49

38

57

37

68

46

48

8

6

31

106

3

46

29

-0

5

-0

-3

0

-15

-25

-1

6

-36

2

0

11

10

11

Deferred

-205

-54

10

9

62

-49

25

13

-36

60

-39

11

-0

14

3

9

2

13

-9

3

1

20

28

1

-3

43

0

72

29

-21

-15

-21

-3

39

-40

-40

-18

26

-24

23

-5

-47

-81

Income Tax Expense (Benefit)

-165

70

49

39

106

-31

59

48

-10

55

13

44

51

58

53

47

59

50

58

49

50

28

35

33

102

47

46

102

28

-16

-16

-24

-3

23

-66

-42

-11

-10

-21

23

6

-36

-69

Net Income (Loss) Attributable to Parent

-604

275

202

165

412

-106

275

197

4

299

46

101

113

132

110

101

122

90

125

102

103

63

85

66

194

94

102

193

56

-20

-14

-34

0

55

-116

-66

-12

-

-38

57

-

7

-15

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

-2.01

0.91

0.68

0.55

1.38

-0.33

0.92

0.66

0.01

1.14

0.18

0.39

0.43

0.50

0.43

0.39

0.48

0.36

0.48

0.39

0.40

0.24

0.33

0.26

0.75

0.36

0.40

0.76

0.22

-0.08

-0.06

-0.13

0.00

0.22

-0.46

-0.26

-0.05

-0.06

-0.16

0.24

0.11

0.03

-0.07

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

-2.01

0.92

0.67

0.55

1.37

-0.35

0.92

0.66

0.01

1.01

0.17

0.35

0.39

0.45

0.39

0.35

0.43

0.32

0.44

0.36

0.36

0.23

0.30

0.24

0.67

0.33

0.36

0.67

0.21

-0.08

-0.06

-0.13

0.00

0.22

-0.46

-0.26

-0.05

-0.05

-0.16

0.23

0.11

0.03

-0.07

Average shares outstanding: Basic (in shares)

300

301

299

299

299

300

299

299

278

265

261

261

260

260

259

259

258

260

259

259

259

259

258

258

257

259

257

256

256

256

255

255

255

255

255

254

254

254

236

236

236

235

235

Average shares outstanding: Diluted (in shares)

300

302

301

300

300

323

300

301

279

302

298

298

298

297

296

296

295

296

295

295

295

295

295

295

294

296

293

292

292

255

255

255

255

255

255

254

254

227

236

264

236

235

235

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

-

-

-

-

-

-

-

-

-

1.19

0.19

0.19

0.19

0.18

0.18

0.18

0.18

0.18

0.18

0.18

0.18

0.18

0.18

0.18

0.18

0.18

0.18

0.18

0.18

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.17

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-30

-32

22

-

-

-

-

-

-

Net adjustment related to defined benefit plans, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

-1

-1

-

-

-

-

-

-

Foreign currency translation and other adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16

2

-4

-

-

-

-

-

-

Net adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-14

-30

17

-

-

-

-

-

-

Comprehensive income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-101

-35

-30

-

-

-

-

-

-