News Details

Old Republic International Announces Second Quarter 2020 Conference Call

July 9, 2020

CHICAGO, July 9, 2020 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — today announced that it will hold a conference call on Thursday, July 23, at 3:00 p.m. Eastern time to discuss results for the second  quarter and first six months of 2020. The call can be accessed live on Old Republic's website at www.oldrepublic.com or on a listen-only phone line at 1-877-222-5769.

Investors may also access a replay of the call by dialing 1-844-512-2921, passcode 2201583, which will be available through July 30, 2020. The replay will also be available on Old Republic International's website through August 22, 2020.

About Old Republic
Chicago-based Old Republic International Corporation is one of the nation's 50 largest publicly held insurance enterprises. It is a member of the Fortune 500 listing of America's largest companies. The Company is organized as an insurance holding company whose subsidiaries actively market, underwrite, and provide risk management services for a wide variety of coverages mostly in the general and title insurance fields. A long-term interest in mortgage guaranty and consumer credit indemnity coverages has devolved to a run-off operating mode since 2012. Old Republic's general insurance business ranks among the nation's 50 largest, while its title insurance operations are the third largest in its industry.

The nature of Old Republic's business requires that it be managed for the long run and its cash dividend policy reflects that long-term orientation. The current annualized dividend rate of $0.84 per share marks the 39th consecutive year that Old Republic has boosted this rate, and 2020 becomes the 79th year of uninterrupted regular cash dividend payments. The following table summarizes recent years' total book and market returns, which includes the addition and reinvestment of cash dividend payments, in comparison with the financial performance of three selected indices similarly developed.



ORI


Selected Indices' Compounded



Annual


Annual


Total Annual Returns



Book Value


Market Value


Nominal







Compounded


Compounded


Gross


S & P


S & P



Total


Total


Domestic


500


Insurance



Return


Return


Product


Index


Index

Ten Years 2000 – 2009


9.5%


7.4%


4.1%


-1.0%


-3.7%

Ten Years 2010 – 2019


7.7%


14.8%


4.0%


13.6%


12.4%

Twenty Years 2000 – 2019


8.6%


11.0%


4.1%


6.1%


4.1%

According to the most recent edition of Mergent's Dividend Achievers, Old Republic is listed in 58th place among just 113 qualifying publicly held companies, out of thousands considered, that have posted at least 25 consecutive years of annual dividend growth.

For Old Republic's latest news releases and other corporate documents:

Please visit us at www.oldrepublic.com

_____________________________________________________

Alternatively, please write or call:

Investor Relations

Old Republic International Corporation

307 North Michigan Avenue • Chicago, IL 60601

312-346-8100

Further Information Contacts:

AT OLD REPUBLIC:

AT FINANCIAL RELATIONS BOARD:

Craig R. Smiddy, President & CEO

Analysts/Investors: Marilynn Meek

(312) 346-8100

(212) 827-3773

 

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SOURCE Old Republic International Corporation