)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Old Republic International
Old Republic International (ORI) investor relations material
Old Republic International Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary22 Oct, 2026
Executive summary
Q3 net income was $243.2M vs. $279.5M YoY; adjusted net operating income was $181.4M vs. $196.7M, or $0.73 vs. $0.78 per diluted share.
Net premiums and fees earned rose 8.8% to $2,269.3M; the consolidated combined ratio was 96.1% vs. 95.3%.
Book value per share was $24.65, up 5.7% since year-end including dividends; annualized operating ROE was 12.1%.
Financial highlights
Q3 operating revenues increased 8.0% to $2,505.4M; net investment income rose 1.5% to $185.4M.
Q3 net realized investment losses were $63.2M, compared with an $82.7M gain and $124.9M bargain purchase gain in Q3 2025.
9M net income was $895.6M vs. $729.0M; adjusted net operating income was $538.1M vs. $607.7M.
9M net premiums and fees earned rose 7.0% to $6.339B; net investment income increased 3.9% to $545.5M.
Outlook and guidance
Specialty and Title target combined ratios of 90%–95% over a full underwriting cycle; Title aims to return to range near term.
Specialty aims to maintain rate adequacy through the soft P&C market; this may constrain premium growth and pressure expense ratios.
Auto warranty growth is expected to continue; annual premiums of $600M–$700M in the next few years were described as possible, with potential to exceed that range.
Title’s Qualia operating-system rollout is expected to continue through year-end 2027; elevated auto-warranty expenses and redundant system costs may persist during growth and modernization.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Old Republic International
- Q2 2026 net income surged on investment gains, with premium growth and higher capital returns.ORI
Q2 2026 - Directors and auditor were elected with overwhelming support; governance and audit practices discussed.ORIAGM 2026
- Net income rose 35% to $330M, with strong premium growth and higher book value per share.ORIQ1 2026
- Shareholders will vote virtually on directors, auditor ratification, and executive pay, focusing on governance and ESG.ORIProxy filing
- Q4 net income surged, but operating EPS fell; premiums, book value, and capital returns rose.ORIQ4 2025
- Net income and book value rose sharply on premium growth, investment gains, and capital returns.ORIQ3 2024
- Q2 operating income and premiums rose, led by General Insurance; $479M returned to shareholders.ORIQ2 2024
- Net operating income and premiums grew, with EPS up 21% and book value per share up 7.2%.ORIQ1 2025
- Strong operating income, premium growth, and $2.00 special dividend drove record returns.ORIQ4 2024
Next Old Republic International earnings date
Q4 202621 Jan, 2027
Old Republic International
Next Old Republic International earnings date
Q4 202621 Jan, 2027
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Old Republic International Corporation engages in the insurance underwriting and related services business primarily in the United States and Canada. It assists individuals, families and businesses in obtaining protection against a range of risks through insurance products offered by independent agents. The company does so by offering personal lines property and casualty insurance, covering a wide range of properties and insurance. The company's markets include several states in the US, among other, Texas and Oklahoma.