Old Republic expects ECM to run at a 90%-95% combined ratio, as it flags a bargain purchase gain next quarter

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Earnings Call Insights: Old Republic International (ORI) Q2 2026 "In the quarter, we produced $238 million of consolidated pretax operating income... and our consolidated combined ratio was 95.3%" (President, CEO & Director Craig Smiddy), and "for the first 6 months of the year, growth in book value per

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OLED Republic expects combined ratio of EMS's to be between 90% and 95% in the current quarter, resulting in low input profits. This is a favorable time for the insurance industry to experience growth. Investors will revalue the growth potential of the insurance industry accordingly.

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