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Old Republic Net Income Dips 11.9% in 3rd Quarter

Friday, October 28, 2016 | 0

Old Republic International Corp. on Thursday reported net income of $110.9 million for the third quarter of 2016, down 11.9% from $125.9 million in the prior-year quarter. For the first nine months of 2016, the Chicago-based carrier reported net income of $335 million, up from $331.4 million in the previous-year period. Total operating revenues also declined, to $1.49 billion from $1.5 billion in the prior-year quarter. For the first nine months of 2016, however, Old Republic's total operating revenues increased slightly to $4.29 billion from $4.21 billion in the first nine months of 201...

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