Subjects: CCA, FVT
Old Republic International Announces Second Quarter 2018 Conference Call
CHICAGO, July 19, 2018 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced that it will hold a conference call on Thursday, July 26, at 3:00 p.m. Eastern Time to discuss second quarter 2018 results. The call can be accessed live on Old Republic's website at www.oldrepublic.com, or on a listen-only phone line at 800-401-3551.
Investors may also access a replay of the call by dialing 844-512-2921 passcode 7418814 which will be available through August 2, 2018. The replay will also be available on Old Republic International's website through August 26, 2018.
About Old Republic
Chicago-based Old Republic International Corporation is one of the nation's 50 largest publicly held insurance organizations. Its most recent financial statements reflect consolidated assets of approximately $19.00 billion and common shareholders' equity of $5.04 billion, or $16.82 per share. Its current stock market valuation is approximately $6.13 billion, or $20.43 per share.
The Company is organized as an insurance holding company whose subsidiaries actively market, underwrite, and provide risk management services for a wide variety of coverages mostly in the general and title insurance fields. A long-term interest in mortgage guaranty and consumer credit indemnity coverages has devolved to a run-off operating mode in recent years.
The nature of Old Republic's business requires that it be managed for the long run. For the 25 years ended in 2017, the Company's total market return, with dividends reinvested, has grown at a compounded annual rate of 9.1% per share. For the same period, the total market return, with dividends reinvested, for the S&P 500 Index has grown at a 9.7% annual compound rate. During those years, Old Republic's shareholders' equity account, inclusive of cash dividends, has risen at an average annual rate of 9.2% per share, and the regular cash dividend has grown at a 8.7% annual compound rate. According to the most recent edition of Mergent's Dividend Achievers, Old Republic is one of just 96 qualifying companies, out of thousands considered, that have posted at least 25 consecutive years of annual dividend growth.
For the latest news releases and other corporate documents on Old Republic, please write to:
Investor Relations
Old Republic International Corporation
307 North Michigan Avenue ? Chicago, IL 60601
312-346-8100
or visit us at www.oldrepublic.com
Further Information Contacts: AT OLD REPUBLIC: AT FINANCIAL RELATIONS BOARD: A. C. Zucaro: Chairman & CEO Analysts/Investors: Marilynn Meek (312) 346-8100 (212) 827-3773
SOURCE Old Republic International Corporation
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