10-Q quarterly report · filed Nov 3, 2017

Old Republic International Corp (ORI) Q3 2017 10-Q Quarterly Report

Short answer

Old Republic International Corp (ORI) filed its Q3 2017 10-Q quarterly report on Nov 3, 2017 for the quarter ended Sep 30, 2017.

Old Republic International Corp Q3 2017 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Three major segments: General, Title, and RFIG Run-off Business
  • Life and accident insurance: 0.4% of nine-month operating revenues, 0.8% of assets
  • Management focus: favorable underwriting results over cycles and long-term financial soundness
  • Investment priorities: income stability, capital protection, and sufficient liquidity
  • Outlook: long-term evaluation over five- or ten-year periods, not quarterly performance

Risk Factors

  • Newly added risk factor: none, Item 1A contains no risk disclosures
  • Materially updated risk: RFIG run-off claims, $130.0 additional provisions for Great Recession litigation and settlements
  • Regulatory risk: RMIC and RMGIC remain under North Carolina Department of Insurance supervision after breaching capital requirements
  • Operational risk: hurricane Harvey and Irma claims, $20.0 General Insurance provision
  • Financial risk: $549.1 convertible notes due March 15, 2018 amid $1,526.9 total debt

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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