TORONTO, Aug. 02, 2024 (GLOBE NEWSWIRE) -- InsureMyTrip, Canada's rapidly growing travel insurance comparison website, is excited to announce the launch of TIPS Youth Premier Plan underwritten by Old Republic Insurance Company of Canada, a plan tailored specifically for travellers up to age 29. The AllInclusive plan offers extensive benefits at a competitive price, ensuring young travellers are well-protected during their adventures. This launch supports InsureMyTrip.ca's dedication to providing an extensiv ...

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MANAGING OLD REPUBLIC FOR THE LONG RUN Investor Presentation 2nd Quarter 2024 OLD REPUBLIC Preliminary Matters Forward Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The words "expect," "estimate," "anticipate," "predict" and similar expressions, and the negatives thereof, often identify forward-looking statements, which are not limited to historical facts. Forwar ...

Old Republic International Corporation. (NYSE:ORI) Q2 2024 Earnings Conference Call July 25, 2024 3:00 PM ET Company Participants Joe Calabrese - MWW Craig Smiddy - President and CEO of Old Republic International Corporation Francis Sodaro - CFO Carolyn Monroe - President and CEO of Title Insurance Conference Call Participants Greg Peters - Raymond James Matthew Carletti - JMP Securities Paul Newsome - Piper Sandler Companies Operator Thank you for standing by. At this time, I would like to welcome everyone ...

A more detailed listing and discussion of the risks and other factors which affect the Company's risk-taking insurance business are included in Part I, Item 1A - Risk Factors, of the Company's 2023 Form 10-K, and the various risks, uncertainties, and other factors that are included from time to time in other Securities and Exchange Commission filings. 2 Together, these factors produced highly profitable combined ratios and strong pretax operating income for the quarter. For General Insurance, we target comb ...

This quarterly report represents an earnings surprise of 24.59%. A quarter ago, it was expected that this insurance underwriter would post earnings of $0.66 per share when it actually produced earnings of $0.67, delivering a surprise of 1.52%. Old Republic, which belongs to the Zacks Insurance - Multi line industry, posted revenues of $2.01 billion for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 4.87%. This compares to year-ago revenues of $1.83 billion. The company has topped co ...

Pretax income Combined ratio 93.5 % 92.6 % 93.8 % 92.6 % Six Months Ended June 30, % Change $ 512.1 $ 446.1 Pretax investment gains (losses) (4.2) Pretax income excluding investment gains (losses) $ 485.4 $ 450.3 7.8 % $ 408.6$ 355.4 21.4(3.3) Summary of results for the quarter: OVERALL RESULTS Net income | --- | --- | --- | |-------------------------|----------|-------| | | | | | Quarters Ended June 30, | | | | 2024 2023 | % Change | 2024 | | $ 113.3 $ 196.9 | | | | (140.5) (30.4) | | 26.6 | | $ 253.8 $ 22 ...

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Revenues are expected to be $1.92 billion, up 4.9% from the year-ago quarter. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. The Zacks Earnings ESP c ...

Old Republic International Corporation's (ORI) solid market presence, niche focus, low property catastrophe exposure in its General Insurance segment and strong capital position make it worth adding to one's portfolio. The Zacks Consensus Estimate for Old Republic's 2024 earnings per share indicates a year-over-year increase of 3.8%. The consensus estimate for revenues is pegged at $7.96 billion, implying a year-over-year improvement of 6.8%. Earnings Surprise History ORI currently carries a Zacks Rank #2 ( ...