OLD REPUBLIC INTERNATIONAL CORP
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 26, 2026
ORI$39.63+0.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| Old Republic International Corporation and Subsidiaries | ||
|---|---|---|
| Consolidated Balance Sheets | ||
| ($ in Millions, Except Share Data) | ||
| December 31, | ||
| 2025 | 2024 | |
| Assets | ||
| Investments: | ||
| Fixed income securities (at fair value) (amortized cost: $12,478.8 and $12,175.9) | $12,709.8 | $12,091.5 |
| Equity securities (at fair value) (cost: $1,377.7 and $1,410.7) | 2,487.7 | 2,540.7 |
| Short-term investments (at fair value which approximates cost) | 1,613.6 | 1,403.7 |
| Other investments | 27.7 | 42.8 |
| Total investments | 16,839.0 | 16,079.0 |
| Cash | 263.2 | 201.9 |
| Accrued investment income | 141.1 | 127.9 |
| Accounts and notes receivable | 2,782.2 | 2,471.6 |
| Reinsurance balances and funds held | 404.5 | 423.1 |
| Reinsurance recoverable: Paid loss and loss adjustment expenses | 209.9 | 185.3 |
| Loss and loss adjustment expense reserves | 6,399.1 | 5,807.1 |
| Unearned premium and policy reserves | 1,131.1 | 921.6 |
| Deferred policy acquisition costs | 636.2 | 531.3 |
| Other assets | 1,055.9 | 1,094.0 |
| Total assets | $29,862.7 | $27,843.1 |
| Liabilities and Equity | ||
| Liabilities: | ||
| Policy liabilities: | ||
| Loss and loss adjustment expense reserves | $14,775.7 | $13,727.7 |
| Unearned premiums | 3,982.5 | 3,505.4 |
| Other policyholders' benefits and funds held | 177.8 | 174.0 |
| Total policy liabilities | 18,936.1 | 17,407.2 |
| Commissions, expenses, fees, and taxes | 601.8 | 547.5 |
| Reinsurance balances and funds held | 1,428.0 | 1,409.8 |
| Federal income tax: Deferred | 219.3 | 129.1 |
| Debt | 1,589.9 | 1,588.7 |
| Other liabilities | 1,158.7 | 1,141.6 |
| Total liabilities | 23,934.2 | 22,224.1 |
| Equity: | ||
| Shareholders' Equity: | ||
| Preferred stock ($0.01 par value; 75,000,000 shares authorized; none issued) | — | — |
| Common stock ($1.00 par value; 500,000,000 shares authorized; 246,355,085 and 248,817,316 shares issued)(Class B - $1.00 par value; 100,000,000 shares authorized; none issued) | 246.3 | 248.8 |
| Additional paid-in capital | 23.3 | — |
| Retained earnings | 5,515.2 | 5,519.7 |
| Accumulated other comprehensive income (loss) | 163.1 | (102.4) |
| Unallocated 401(k) plan shares (at cost) | (34.1) | (47.1) |
| Treasury stock (at cost) (no shares outstanding) | — | — |
| Total shareholders' equity | 5,914.0 | 5,618.9 |
| Noncontrolling interests | 14.4 | — |
| Total equity | 5,928.4 | 5,618.9 |
| Total liabilities and equity | $29,862.7 | $27,843.1 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.