OLD Republic International CORP: insider trades · United States · SEC (Form 4)

About OLD Republic International CORP

Old Republic International Corp. (ticker ORI) is an insurance holding company listed in the United States on the NYSE, with headquarters in Chicago, Illinois, United States. Founded in 1923, the company is a Fortune 500 member and has built its franchise around specialty insurance, with a focus on property & casualty and title insurance. For Francophone investors, ORI is best understood as a business-to-business insurance platform rather than a consumer insurer, providing underwriting, risk management, and related services to commercial partners across the United States and Canada. The group is organized around two core pillars. First, its specialty property & casualty operations write a broad range of commercial lines, including liability-related coverages, surety bonds, and other niche insurance products for businesses and institutions. Second, the title insurance business supports real estate transactions by protecting buyers, lenders, and other parties against certain title defects and legal ownership issues. This diversification matters because it helps offset some of the inherent cyclicality of both insurance underwriting and the real estate cycle. From a competitive standpoint, Old Republic’s strength lies in specialty niches where underwriting discipline, technical expertise, and balance-sheet quality matter more than scale alone. The company emphasizes a relatively flat management structure, decentralized operating companies, and a long-term operating culture. It also stands out for its shareholder-return record: Old Republic has paid a dividend without interruption since 1942 and has increased the annual dividend for many consecutive years, which is typically valued by income-oriented investors seeking stability and capital discipline. Recent developments continue to reinforce this conservative profile. In its 2025 and early 2026 communications, the company highlighted the quality and liquidity of its investment portfolio, which remains heavily weighted toward fixed-income securities and short-term investments, with a deliberately limited exposure to riskier or illiquid asset classes. Old Republic also reported full-year 2025 results and first-quarter 2026 results, while reiterating its capital-allocation discipline and ongoing commitment to shareholder returns. For French, Belgian, and Swiss investors, ORI offers exposure to a defensive slice of the U.S. insurance market, combining specialty insurance and title insurance within a NYSE-listed company based in the United States.