Name | Value |
---|---|
Revenues | 2,144.0M |
Cost of Revenue | 47.5M |
Gross Profit | 2,096.5M |
Operating Expense | 2,341.4M |
Operating I/L | 0.0M |
Other Income/Expense | 426.9M |
Interest Income | 0.0M |
Pretax | 426.9M |
Income Tax Expense | 88.0M |
Net Income/Loss | 338.9M |
Old Republic International Corporation operates in the insurance underwriting and related services business in the United States and Canada. The company's General Insurance segment offers a wide range of insurance products, including automobile extended warranty, commercial property, and workers' compensation insurance, catering to various industries. The Title Insurance segment provides title insurance policies and related services for real estate transactions. Additionally, the Republic Financial Indemnity Group Run-off Business segment offers private mortgage insurance coverage for residential mortgage loans. The company generates revenue by providing insurance products and services to businesses, government institutions, and real estate investors.