Old Republic International Corporation (NYSE:ORI) filed its Form 10-Q for the quarterly period ended September 30, 2026, with the U.S. Securities and Exchange Commission on October 30, 2026, reporting nine-month net income to shareholders of $895.6 million and a bargain purchase gain of $124.9 million in the third quarter.

Key Highlights

  • Nine-month net income to shareholders: $895.6 million, compared with $729.0 million for the same period in 2025, according to the filing.
  • Third-quarter net income to shareholders: $243.2 million ($0.99 diluted per share), versus $279.5 million ($1.11 diluted per share) in Q3 2025.
  • Bargain purchase gain: The company reported a $124.9 million bargain purchase gain in the quarter ended September 30, 2026, with no comparable gain in the prior-year period.
  • Total revenues, nine months: $7,453.8 million, up from $6,746.9 million in the first nine months of 2025.
  • Total assets: $31,471.7 million as of September 30, 2026, compared with $29,862.7 million at December 31, 2025.
  • Shares outstanding: 239,808,080 common shares as of September 30, 2026.
  • Accumulated other comprehensive loss: $(301.6) million at September 30, 2026, compared with $163.1 million at December 31, 2025, driven by net unrealized losses on investments.

Old Republic International's Third-Quarter and Nine-Month 2026 Financial Results

According to the filing, Old Republic International reported total operating revenues of $2,505.4 million for the quarter ended September 30, 2026, up from $2,319.6 million in Q3 2025. Net premiums earned for the quarter were $2,202.1 million versus $2,018.6 million a year earlier. Net investment income for the quarter was $185.4 million, compared with $182.6 million in Q3 2025. The company also recorded net realized investment losses of $(79.9) million in the quarter, compared with gains of $104.7 million in Q3 2025.

For the nine months ended September 30, 2026, the filing reported total net income of $898.4 million and net income to shareholders of $895.6 million, with diluted earnings per share of $3.62, against $2.91 in the comparable prior-year period. Loss and loss adjustment expenses for the nine-month period were $2,681.0 million, compared with $2,465.3 million in the same period of 2025. Total policy liabilities on the balance sheet stood at $20,821.3 million at September 30, 2026, up from $18,936.1 million at December 31, 2025.

The company reported total comprehensive income (loss) to shareholders of $(66.8) million for Q3 2026, reflecting a total other comprehensive loss of $(310.1) million in the quarter, driven primarily by pretax unrealized losses on investments of $(393.0) million. For the nine-month period, total comprehensive income to shareholders was $430.8 million. Total shareholders' equity was $5,875.3 million at September 30, 2026, compared with $5,914.0 million at December 31, 2025. The company paid dividends on common shares of $229.7 million during the nine months ended September 30, 2026.

What Was Disclosed

Old Republic International's 10-Q for the period ended September 30, 2026, disclosed consolidated income statements, balance sheets, and equity statements showing nine-month net income to shareholders of $895.6 million, a Q3 bargain purchase gain of $124.9 million, and total assets of $31,471.7 million.