ORI - Old Republic International Corporation

NYSE - NYSE Delayed Price. Currency in USD

Old Republic International Corporation

307 North Michigan Avenue
Chicago, IL 60601
United States
312-346-8100
http://www.oldrepublic.com

SectorFinancial Services
IndustryInsurance - Diversified
Full Time Employees8,700

Key Executives

NameTitlePayExercisedYear Born
Mr. Aldo Charles ZucaroChairman, CEO & Director1.55MN/A1939
Mr. Richard Scott RagerPres & COO1.15MN/A1949
Mr. Karl William MuellerCFO, Sr. VP & Principal Accounting Officer692.56kN/A1959
Mr. Rande Keith YeagerChairman, CEO & Sr. VP of Old Republic Title Insurance Co.1.22MN/A1949
Mr. Craig Richard SmiddyPres & COO of Old Republic Gen. Insurance Group Inc972.63kN/A1964
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. The company operates through three segments: General Insurance Group, Title Insurance Group, and the Republic Financial Indemnity Group Run-off Business. The General Insurance Group segment offers automobile extended warranty, aviation, commercial automobile, commercial multi-peril, general liability, home warranty, inland marine, travel accident, and workers' compensation insurance products; and financial indemnity products for specialty coverages, including errors and omissions, fidelity, guaranteed asset protection, and surety. This segment provides its insurance products to businesses, government, and other institutions in transportation, commercial construction, healthcare, education, retail and wholesale trade, forest products, energy, general manufacturing, and financial services industries. The Title Insurance Group segment offers lenders' and owners' title insurance policies to real estate purchasers and investors based upon searches of the public records. This segment also provides escrow closing and construction disbursement services; and real estate information products, national default management services, and various other services pertaining to real estate transfers and loan transactions. The Republic Financial Indemnity Group Run-off Business segment offers private mortgage insurance coverage that protects mortgage lenders and investors from default related losses on residential mortgage loans made primarily to homebuyers. It is also involved in the consumer credit indemnity run-off business. Old Republic International Corporation was founded in 1887 and is headquartered in Chicago, Illinois.

Corporate Governance

Old Republic International Corporation’s ISS Governance QualityScore as of April 1, 2018 is 10. The pillar scores are Audit: 1; Board: 10; Shareholder Rights: 10; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.