Old Republic International Corporation: Strategic Acquisitions, Underwriting Initiatives

In the second quarter of 2024, Old Republic International Corporation showcased a mix of strong financial performance and ongoing challenges. The company reported a consolidated pretax operating income of $254 million, an improvement from $227 million in the same period of 2023, indicating a positive trend in profitability. The consolidated combined ratio was 93.5%, slightly higher than last year’s 92.6%, but still below 100%, which is a sign of continued underwriting profitability.