Old Republic International Corp. on Thursday reported net income of $85.8 million, a 16.6% decline from the $102.9 million profits reported in the third quarter of 2013.
Old Republic reported $713 million in earned net premiums, a 9.4% increase from the $652.5 million in the prior-year quarter. Its composite ratio during the quarter rose to 101.9% from 98.1% in the third quarter of 2013.
For the first nine months of 2014, Old Republic reported net income of $346.4 million, down from $353.1 million in the third quarter of last year. Net premiums for the first nine months of the year were $2.0...
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