Old Republic International: An Insight Into Its Capital Management Approach! 

Old Republic International delivered a commendable performance in the fourth quarter of 2024, with consolidated pretax operating income up by 20%, reaching $285 million from $237 million the previous year. This increase reflects the strategic focus on Specialty Insurance, which demonstrated significant growth in net premiums earned by 13%, bolstering pretax operating income to $228 million, an increase from $195 million last year. The consolidated combined ratio improved slightly to 92.7% from 93.3%, indicating a more efficient underwriting performance, primarily attributed to the Specialty Insurance segment’s resilience.