NYSE$ORI
Old Republic International Corp · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Old Republic reported pretax income, excluding investment gains (losses), of $262.8 million for the quarter. The decline compared to the 2021 periods is within expectations, with General Insurance pretax operating income increasing nearly 12%, while the effect of increasing mortgage interest rates reduced Title Insurance results.
Old Republic's Q2 2022 results saw a decline in pretax income excluding investment gains, with General Insurance showing growth while Title Insurance was impacted by rising mortgage rates. However, both segments maintained solid underwriting results, contributing to a consolidated combined ratio of 90.9%.
- Pretax income, excluding investment gains (losses), was $262.8 million for the quarter.
- General Insurance pretax operating income increased nearly 12%.
- Title Insurance results were reduced by increasing mortgage interest rates.
- Consolidated combined ratio was 90.9% for the quarter.
Headline financials
Revenue & EPS history
Old Republic · Revenue · Quarterly
$2.13B
Revenue by segment
Old Republic · $1.98B total across 3 segments · Q2 2022
- Title Insurance$1.03B-7.1%52.1%
- Specialty Insurance$944M+8.8%47.7%
- Corporate & Other$2.4M—0.1%
Forward guidance
Some of the oral or written statements made in the Company's reports, press releases, and conference calls following earnings releases, can constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve assumptions, uncertainties, and risks that may affect the Company's future performance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
-0.4%
Avg return
Earnings day
+0.2%
Avg return
5 days after
+2.5%
Avg return
30 days after
51%
35 / 68 earnings
Positive
+9.2%
Q3 2018
Best reaction
-10.1%
Q3 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -5.2% | -4.5% | -6.4% | |
| Q4 2025 | -9.3% | -10.3% | -4.4% | |
| Q3 2025 | -3.0% | -6.3% | +9.1% | |
| Q2 2025 | -2.5% | -0.8% | +9.0% | |
| Q1 2025 | +1.2% | -0.6% | -1.4% | |
| Q4 2024 | +1.3% | +2.6% | +2.1% | |
| Q3 2024 | -3.9% | -1.8% | +7.9% | |
| Q1 2024 | -0.6% | -1.5% | +4.0% | |
| Q4 2023 | -7.9% | -7.0% | -5.4% | |
| Q3 2023 | +0.4% | +2.0% | +7.9% | |
| Q2 2023 | +1.5% | +1.8% | +0.3% | |
| Q1 2023 | +2.6% | +3.5% | +0.6% | |
| Q4 2022 | +5.1% | +6.8% | +6.8% | |
| Q3 2022 | +2.2% | +1.5% | +6.5% | |
| Q2 2022 | +2.0% | +0.1% | +5.3% | |
| Q1 2022 | -7.8% | -5.6% | -0.8% | |
| Q4 2021 | +2.7% | +4.6% | +6.2% | |
| Q3 2021 | +7.8% | +8.3% | +4.9% | |
| Q2 2021 | -0.2% | +0.4% | +7.7% | |
| Q1 2021 | +1.1% | +2.7% | +10.0% | |
| Q4 2020 | +0.7% | +5.1% | +7.5% | |
| Q3 2020 | +6.4% | +0.3% | +14.4% | |
| Q2 2020 | -4.9% | -6.3% | -7.8% | |
| Q1 2020 | -0.9% | +5.6% | -2.1% | |
| Q4 2019 | +1.9% | +0.6% | +1.2% | |
| Q3 2019 | -5.3% | -6.1% | -6.7% | |
| Q2 2019 | -2.1% | -1.8% | -2.7% | |
| Q1 2019 | +4.2% | +5.5% | +6.4% | |
| Q4 2018 | -7.8% | -7.9% | -2.8% | |
| Q3 2018 | +9.2% | +10.8% | +8.2% | |
| Q2 2018 | +2.4% | +4.3% | +9.2% | |
| Q1 2018 | -3.3% | -3.6% | +0.0% | |
| Q4 2017 | +7.4% | +7.8% | -0.7% | |
| Q3 2017 | +0.4% | +4.4% | +7.5% | |
| Q2 2017 | -4.2% | -2.2% | -2.9% | |
| Q1 2017 | +2.3% | -0.3% | -2.4% | |
| Q4 2016 | +5.9% | +6.3% | +6.7% | |
| Q3 2016 | -10.1% | -8.6% | -1.2% | |
| Q2 2016 | -1.6% | -2.1% | -3.5% | |
| Q1 2016 | +1.0% | — | — | |
| Q4 2015 | +1.3% | — | — | |
| Q3 2015 | +8.1% | — | — | |
| Q2 2015 | +0.4% | — | — | |
| Q1 2015 | +2.5% | — | — | |
| Q4 2014 | -1.6% | — | — | |
| Q3 2014 | -1.2% | — | — | |
| Q2 2014 | -7.6% | — | — | |
| Q1 2014 | -1.6% | — | — | |
| Q4 2013 | -8.2% | — | — | |
| Q3 2013 | +7.7% | — | — | |
| Q2 2013 | +2.1% | — | — | |
| Q1 2013 | +0.6% | — | — | |
| Q4 2012 | -0.7% | — | — | |
| Q3 2012 | -5.9% | — | — | |
| Q2 2012 | +0.6% | — | — | |
| Q1 2012 | -0.9% | — | — | |
| Q4 2011 | +2.1% | — | — | |
| Q3 2011 | -4.6% | — | — | |
| Q2 2011 | -5.1% | — | — | |
| Q1 2010 | -0.2% | — | — | |
| Q1 2011 | +4.0% | — | — | |
| Q4 2008 | -2.3% | — | — | |
| Q4 2010 | -2.3% | — | — | |
| Q3 2010 | +0.7% | — | — | |
| Q2 2009 | +0.7% | — | — | |
| Q3 2009 | +0.7% | — | — | |
| Q2 2010 | -1.5% | — | — | |
| Q4 2009 | -1.5% | — | — |
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