Old Republic International : Second Quarter Financial Supplement as of June 30, 2026

About this update from Old Republic International Corporation

‌FINANCIAL SUPPLEMENT As of June 30, 2026 Table of Contents Page Old Republic Common Stock Statistics 1 Old Republic Long-Term Performance Statistics 1 Specialty Insurance Operating Statistics 2 Title Insurance Operating Statistics 3 Consolidated Operating Statistics 3 Notes to Financial Supplement 4 Forward-Looking Statements 5 The information included in this Financial Supplement is unaudited; dollar amounts (other than per share amounts) are presented in millions, except as otherwise indicated. ‌Old Republic Common Stock Statistics (a) (d) (c) Net Income End of (c) Ending (b) (b) Total Excluding Period Total Shares Ǫuoted Stock Market Prices Dividends Dividend Shareholder Net Investment Book Book Year Outstanding High Low Close Paid Yield Return Income Gains (Losses) Value Return 2016 262,719,660 $ 20.00 $ 16.51 $ 19.00 $ 0.75 4.2 % 6.2 % $ 1.62 $ 1.46 $ 17.16 19.6 % 2017 269,238,727 21.56 17.92 21.38 0.76 4.4 16.9 1.92 1.11 17.72 13.5 2018 302,714,502 23.05 19.48 20.57 1.78 (*) 8.6 (*) 4.8 1.24 1.86 17.23 1.6 2019 303,652,553 24.10 19.68 22.37 1.80 (*) 9.0 (*) 17.8 3.51 1.84 19.98 26.4 2020 304,122,180 23.62 11.88 19.71 0.84 4.2 (7.7) 1.87 2.24 20.75 13.1 2021 307,565,632 26.69 17.94 24.58 3.38 (*) 20.5 (*) 45.2 5.05 3.08 22.77 21.2 2022 296,932,316 27.19 20.28 24.15 1.92 (*) 8.4 (*) 6.7 2.26 2.79 21.07 0.9 2023 278,392,263 29.89 23.31 29.40 0.98 4.6 26.3 2.10 2.63 23.31 15.3 2024 248,817,316 39.27 27.20 36.19 1.06 4.0 27.1 3.24 3.03 22.84 11.1 2025 246,355,085 $ 46.76 $ 33.00 $ 45.64 $ 3.16 (*) 11.3 % (*) 37.4 % $ 3.72 $ 3.15 $ 24.21 22.0 % 10-Year Average - - - - - 7.7 % 17.0 % - - - 14.2 % Six Months Ended June 30, 2026 241,432,922 $ 44.26 $ 36.65 $ 40.92 $ 3.13 (*) - - $ 2.63 $ 1.44 $ 25.33 - (*) Includes special dividends when paid. Refer to Note (b) on page 4. ‌Old Republic Long-Term Performance Statistics For The Year (d) At Year End Revenues Net Income Cash G Net (e) Excluding Operating Total Invested Shareholders' Net Premiums Investment Total Net Investment Cash Combined Year Assets Assets Equity G Fees Earned Income Revenues Income Gains (Losses) Flow Ratio 2016 $ 18,591.6 $ 12,995.8 $ 4,460.6 $ 5,537.5 $ 387.0 $ 6,104.7 $ 466.9 $ 419.6 $ 637.3 94.8 % 2017 19,403.5 13,536.4 4,733.3 5,769.1 409.4 6,492.4 560.5 318.0 452.8 96.9 2018 19,327.1 13,187.4 5,146.2 5,940.9 431.8 6,258.8 370.5 556.4 760.5 94.9 2019 21,076.3 14,527.4 6,000.1 6,241.1 450.7 7,460.5 1,056.4 554.2 936.2 95.3 2020 22,815.2 15,535.3 6,186.6 6,737.8 438.9 7,166.0 558.6 670.8 1,185.0 93.3 2021 24,981.8 16,818.9 6,894.7 8,003.6 434.3 9,341.6 1,534.3 935.9 1,311.7 89.9 2022 25,159.4 16,047.7 6,173.2 7,675.3 459.5 8,083.7 686.4 845.1 1,170.6 91.0 2023 26,501.4 16,187.6 6,410.7 6,707.7 578.3 7,258.3 598.6 749.5 880.4 92.6 2024 27,843.1 16,408.8 5,618.9 7,310.8 673.1 8,231.5 852.7 797.0 1,233.4 93.9 2025 $ 29,862.7 $ 17,243.4 $ 5,914.0 $ 8,052.9 $ 708.7 $ 9,136.3 $ 935.4 $ 792.5 $ 1,164.3 94.7 % Six Months Ended June 30, 2026 $ 31,592.4 $ 17,651.5 $ 6,072.8 $ 4,070.0 $ 360.1 $ 4,903.3 $ 652.4 $ 356.6 $ 481.1 96.0 % ‌Operating Statistics Ǫuarters Ended Six Months Ended Years Ended June 30, June 30, December 31, Specialty Insurance 2026 2025 2026 2025 2025 2024 2023 2022 2021 All Lines Combined Net Premiums Written ........................................................................... $ 1,483.2 $ 1,361.0 $ 2,822.6 $ 2,633.1 $ 5,430.1 $ 5,030.5 $ 4,356.3 $ 3,978.2 $ 3,680.9 Net Premiums Earned ........................................................................... 1,323.8 1,294.5 2,615.7 2,528.1 5,184.8 4,677.0 4,119.2 3,808.6 3,555.5 Loss Ratio: Current Year ....................................................................................... 65.6 % 65.4 % 65.4 % 65.2 % 66.8 % 66.4 % 67.7 % 67.2 % 68.6 % Prior Years .......................................................................................... 0.3 (2.9) (0.6) (3.1) (2.9) (2.3) (5.7) (5.1) (3.8) Total .................................................................................................... 65.9 62.5 64.8 62.1 63.9 64.1 62.0 62.1 64.8 Expense Ratio ......................................................................................... 29.6 28.2 30.4 28.1 29.3 28.1 28.2 27.4 26.5 Combined Ratio ................................................................................. 95.5 % 90.7 % 95.2 % 90.2 % 93.2 % 92.2 % 90.2 % 89.5 % 91.3 % Experience by Major Coverage: Commercial Auto Net Premiums Written ........................................................................... $ 613.2 $ 591.8 $ 1,151.9 $ 1,124.8 $ 2,253.2 $ 2,084.1 $ 1,817.1 $ 1,590.1 $ 1,428.3 Net Premiums Earned ........................................................................... 563.4 539.5 1,111.3 1,056.3 2,184.9 1,961.8 1,689.4 1,505.2 1,408.6 Loss Ratio ............................................................................................... 69.4 % 70.3 % 69.9 % 70.3 % 72.3 % 72.4% 71.5 % 66.6 % 71.5 % Workers' Compensation Net Premiums Written ........................................................................... $ 202.5 $ 221.1 $ 439.0 $ 454.6 $ 869.4 $ 863.2 $ 813.7 $ 827.1 $ 828.3 Net Premiums Earned ........................................................................... 203.2 227.1 418.9 442.7 879.7 836.2 802.2 811.8 778.6 Loss Ratio ............................................................................................... 60.6 % 48.5 % 61.5 % 53.5 % 59.0 % 48.0 % 41.4 % 45.9 % 58.9 % Property (1) Net Premiums Written ........................................................................... $ 130.0 $ 153.1 $ 301.8 $ 292.1 $ 613.6 $ 548.7 $ 419.9 $ 330.6 $ 272.0 Net Premiums Earned ........................................................................... 147.4 138.9 301.4 274.3 568.2 484.8 375.8 286.7 264.7 Loss Ratio ............................................................................................... 41.4 % 46.9 % 43.0 % 47.8 % 52.0 % 49.9 % 60.4 % 58.1 % 50.2 % General Liability Net Premiums Written ........................................................................... $ 150.4 $ 142.4 $ 280.6 $ 275.7 $ 595.0 $ 522.0 $ 394.2 $ 297.9 $ 272.8 Net Premiums Earned ........................................................................... 145.8 137.0 287.2 266.6 563.0 476.0 349.1 283.5 265.1 Loss Ratio ............................................................................................... 64.1 % 73.9 % 64.2 % 66.4 % 62.0 % 71.6 % 72.5 % 77.0 % 71.7 % Financial Indemnity (2) Net Premiums Written ........................................................................... $ 86.2 $ 82.4 $ 168.8 $ 165.0 $ 334.3 $ 335.6 $ 342.4 $ 376.4 $ 363.8 Net Premiums Earned ........................................................................... 84.6 96.8 167.7 186.8 355.9 321.7 347.7 391.7 344.0 Loss Ratio ............................................................................................... 101.2 % 56.4 % 77.0 % 54.0 % 48.0 % 63.9 % 48.2 % 67.0 % 53.9 % Home and Auto Warranty Net Premiums Written ........................................................................... $ 224.6 $ 113.7 $ 341.0 $ 207.9 $ 481.8 $ 402.5 $ 299.8 $ 329.9 $ 350.2 Net Premiums Earned ........................................................................... 87.3 79.5 166.0 160.6 336.2 315.0 311.4 330.4 336.5 Loss Ratio ............................................................................................... 57.8 % 60.9 % 55.4 % 55.9 % 54.9 % 58.2 % 65.5 % 66.9 % 67.9 % Other Coverages (3) Net Premiums Written ........................................................................... $ 76.2 $ 56.2 $ 139.1 $ 113.0 $ 282.4 $ 274.0 $ 269.0 $ 225.8 $ 165.3 Net Premiums Earned ........................................................................... 91.9 75.4 162.9 140.6 296.5 281.2 243.3 199.0 157.8 Loss Ratio ............................................................................................... 73.4 % 67.1 % 76.7 % 65.6 % 71.7 % 73.1 % 65.9 % 60.4 % 63.8 % (1) Includes Inland Marine coverages. / (2) Includes DCO, ECO, Fidelity, and Surety coverages. / (3) Includes Aviation, Travel Accident, and ACH coverages. ‌Operating Statistics, continued Ǫuarters Ended June 30, Six Months Ended June 30, Years Ended December 31, Title Insurance 2026 2025 2026 2025 2025 2024 2023 2022 2021 Orders Opened - Direct (f) ................................................................................ 57,958 48,919 104,858 99,261 186,031 206,756 175,551 243,883 405,121 Orders Closed - Direct (f) ................................................................................. 44,611 33,255 73,937 60,771 126,546 123,017 112,663 172,675 316,768 Net Premiums Earned - Agency ....................................................................... $ 602.9 $ 538.6 $ 1,141.7 $ 1,010.1 $ 2,232.9 $ 2,016.4 $ 2,024.5 $ 3,087.9 $ 3,433.5 Net Premiums Earned - Direct ......................................................................... 96.4 91.2 176.5 166.6 361.5 318.1 276.4 412.6 526.9 Title, Escrow and Other Fees - Direct ............................................................. 73.3 67.9 132.2 126.1 264.1 284.4 261.8 333.2 443.8 Net Premiums and Fees Earned - Total .......................................................... $ 772.6 $ 697.8 $ 1,450.5 $ 1,302.9 $ 2,858.6 $ 2,619.1 $ 2,562.8 $ 3,833.8 $ 4,404.3 Net Premiums Earned - Agency as a percentage of Net Premiums and Fees Earned - Total ....................... 78.0 % 77.2 % 78.7 % 77.5 % 78.1 % 77.0 % 79.0 % 80.5 % 78.0 % Commercial Net Premiums Earned - Total as a percentage of Net Premiums Earned - Total ........................................ 25.4 % 23.0 % 26.1 % 23.4 % 25.8 % 21.6 % 22.2 % 22.5 % 15.6 % Residential Refinance Net Premiums and Fees Earned - Direct as a percentage of Net Premiums and Fees Earned - Direct ..................... 9.1 % 7.4 % 10.3 % 7.4 % 8.3 % 6.4 % 4.7 % 9.7 % 20.4 % Loss Ratio: Current Year .................................................................................................. 3.7 % 3.5 % 3.7 % 3.5 % 3.4 % 3.4 % 3.7 % 3.6 % 3.6 % Prior Years ..................................................................................................... (0.7) (0.6) (0.9) (0.7) (1.2) (1.6) (1.8) (1.3) (1.0) Total ............................................................................................................... 3.0 2.9 2.8 2.8 2.2 1.8 1.9 2.3 2.6 Expense Ratio .................................................................................................... 92.1 96.1 94.6 97.6 95.4 95.2 95.2 90.9 86.7 Combined Ratio ............................................................................................ 95.1 % 99.0 % 97.4 % 100.4 % 97.6 % 97.0 % 97.1 % 93.2 % 89.3 % Reserves to Paid Losses Ratio (g) .................................................................... 7.3:1 8.1:1 7.4:1 8.7:1 9.2:1 9.2:1 9.3:1 Consolidated Net Premiums and Fees Earned ...................................................................... Loss Ratio: Current Year .................................................................................................. $ 2,097.8 42.8 % $ 1,994.6 43.7 % $ 4,070.0 43.4 % $ 3,835.7 44.2 % $ 8,052.9 44.3 % $ 7,310.8 43.9 % $ 6,707.7 43.3 % $ 7,675.3 35.5 % $ 8,003.6 32.9 % Prior Years ..................................................................................................... (0.1) (2.1) (0.7) (2.3) (2.4) (2.2) (4.6) (3.7) (2.7) Total ............................................................................................................... 42.7 41.6 42.7 41.9 41.9 41.7 38.7 31.8 30.2 Expense Ratio .................................................................................................... 52.6 52.0 53.3 51.8 52.8 52.2 53.9 59.2 59.7 Combined Ratio ............................................................................................ 95.3 % 93.6 % 96.0 % 93.7 % 94.7 % 93.9 % 92.6 % 91.0 % 89.9 % Operating Return on Equity (h) ........................................................................ 12.1 % 14.6 % 14.1 % 12.4 % 12.1 % 12.3 % 15.1 % ‌Notes to Financial Supplement In calculating book value and earnings per share, accounting rules require that common shares held by the ORI 401(k) Savings and Profit Sharing Plan that are not yet allocated to Plan participants must be excluded from the calculation. Such shares are issued and outstanding, have the same voting and other rights applicable to all other common shares, and may be sold at any time by the plan. In addition to regular quarterly dividend payments, special dividends were declared and paid as follows: Dividend Per Share Month Declared Month Paid Dividend Per Share Month Declared Month Paid $1.00 December 2017 January 2018 $1.00 August 2022 September 2022 $1.00 August 2019 September 2019 $2.00 December 2024 January 2025 $1.00 December 2020 January 2021 $2.50 December 2025 January 2026 $1.50 August 2021 October 2021 Total shareholder return has been calculated as the sum of the annual change in market price per share, plus dividends paid, and assumes that dividends are reinvested on a pretax basis in shares when paid. Total book return represents the sum of the annual change in book value per share, plus dividends declared. Old Republic's business is managed for the long run. In this context, management's key objectives are to achieve highly profitable operating results over the long term, and to ensure balance sheet strength for the operating companies' obligations. Although Generally Accepted Accounting Principles (GAAP) uses net income as the measure of total profitability, management uses net income excluding net investment gains (net operating income), a non-GAAP financial measure, in its evaluation of periodic and long-term results. Net operating income, however, does not replace GAAP net income as a measure of total profitability. Total revenues include pretax investment gains or losses. The reporting of opened and closed orders includes only those associated with the direct issuance of a title policy, and excludes certain services provided by the Company on behalf of independent agents. The Title reserves to paid losses ratio represents average paid losses for the most recent five years divided into loss reserves at the end of any one year or interim period. The higher this ratio, the greater is a title insurer's ability to meet obligations to its insureds. Operating return on equity has been calculated as annual(ized) net income excluding investment gains (losses) as a percentage of common shareholders' equity at the beginning of the year. Certain immaterial adjustments have been made to prior year statistics to conform to current presentation. Specifically, effective in the first quarter 2026, operating statistics on page 2 for the liability portion of commercial multi-peril coverages have been reclassified from property to general liability, with prior period amounts reclassified to reflect the change in presentation. At Old Republic: At Financial Relations Board: Craig R. Smiddy, President and Chief Executive Officer Analysts/Investors: Joe Calabrese/ [email protected] ‌Forward-Looking Statements Some of the oral or written statements made in the Company's reports, press releases, and conference calls following earnings releases, can constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally include words such as "expect," "predict," "estimate," "will," "should," "anticipate," "believe," and similar expressions. Any such forward-looking statements involve assumptions, uncertainties, and risks that may affect the Company's future performance. Historical data pertaining to the operating results, liquidity, and other performance indicators applicable to an insurance enterprise such as Old Republic are not necessarily indicative of results to be achieved in succeeding years. In addition to the factors cited below, the long-term nature of the insurance business, seasonal and annual patterns in premium production and incidence of claims, changes in yields obtained on invested assets, changes in government policies and free markets affecting inflation rates and general economic conditions, and changes in legal precedents or the application of law affecting the settlement of disputed and other claims can have a bearing on period-to-period comparisons and future operating results. Old Republic's Specialty Insurance segment results can be affected by the level of market competition, which is typically a function of available capital and expected returns on such capital among competitors; general economic considerations, including the levels of investment yields, inflation rates, and the impacts of tariffs; periodic changes in claim frequency and severity patterns caused by natural disasters, weather conditions, accidents, illnesses, and work-related injuries; claims development and the impact on loss reserves; adequacy and availability of reinsurance; uncertainties in underwriting and pricing risks; and unanticipated external events. Old Republic's Title Insurance segment results can be affected by similar factors, and by changes in national and regional housing demand and values, the availability and cost of mortgage loans, and employment trends. Life and accident insurance earnings can be affected by the levels of employment and consumer spending, changes in mortality and health trends, and alterations in policy lapsation rates. At the parent holding company level, operating earnings or losses are generally reflective of the amount of debt outstanding and its cost, interest income, the levels of investments held, and period-to-period variations in the costs of administering the Company's widespread operations. In addition, results could be particularly affected by technology and security breaches or failures, including cybersecurity incidents. A more detailed listing and discussion of the risks and other factors which affect the Company's risk-taking insurance business are included in Part I, Item 1A -Risk Factors, of the Company's 2025 Form 10-K, and the various risks, uncertainties, and other factors that are included from time to time in other Securities and Exchange Commission filings. Any forward-looking statements or commentaries speak only as of their dates. Old Republic undertakes no obligation to publicly update or revise any and all such comments, whether as a result of new information, future events or otherwise, and accordingly they may not be unduly relied upon.

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