Old Republic Q2 FY26 net income more than doubled to $322.3 million; net premiums and fees earned rise 5.2% to $2.1 billion - ORI News | RalliesOld Republic Q2 FY26 net income more than doubled to $322.3 million; net premiums and fees earned rise 5.2% to $2.1 billion
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ORI• Acquisition update
- Everett Cash Mutual acquisition closed July 1; Specialty Insurance expects an approximately $125 gain and 2026 earnings accretion.
Q2 results and operating performance
- Old Republic International posted Q2 net income of $322.3 million, more than doubled from a year earlier; diluted EPS rose to $1.31.
- Net income excluding investment gains (losses) fell 11.1% to $186 million; diluted net operating income per share slipped 9.3% to $0.76.
- Net premiums and fees earned increased 5.2% to $2.1 billion; consolidated combined ratio worsened 1.7 percentage points to 95.3%.
- Net investment income rose 6.1% to $182 million; favorable loss reserve development eased to 0.1 points from 2.1 points.
