Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Old Republic International reported second quarter 2026 consolidated pretax operating income of $238 million, down from $268 million in the prior year period.</li><li>The combined ratio increased slightly to 95.3% from 93.6% a year ago, reflecting a modest decline in underwriting profitability.</li><li>Return on beginning equity was 12.1%, and book value per share, including dividends, rose 7.2% for the first half of the year.</li></ul>

Old Republic International reported second quarter 2026 consolidated pretax operating income of $238 million, down from $268 million in the prior year period.The combined ratio increased slightly to 95.3% from 93.6% a year ago, reflecting a modest decline in underwriting profitability.Return on beginning equity was 12.1%, and book value per share, including dividends, rose 7.2% for the first half of the year.

Old Republic’s Hidden Growth Engine — Title Revenue Just Reached $773 Million!

Smartkarma AI Primers, Smartkarma

αSK Primers

Smartkarma AI Primers

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

<ul>
  <li>Old Republic International (ORI) is a specialty insurance holding company with a diversified business model focused on General Insurance and Title Insurance, which provides stability across different economic cycles.</li>
  <li>The company has a long and consistent track record of growth and shareholder returns, evidenced by strong long-term growth in earnings per share and a multi-decade history of increasing dividends.</li>
  <li>While facing near-term headwinds from a challenging housing market impacting its Title Insurance segment and recent pressure on underwriting profitability, ORI is focused on disciplined underwriting and investing in technology to enhance long-term operational efficiency.</li>
</ul><p><em>This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.</em></p>


  Old Republic International (ORI) is a specialty insurance holding company with a diversified business model focused on General Insurance and Title Insurance, which provides stability across different economic cycles.
  The company has a long and consistent track record of growth and shareholder returns, evidenced by strong long-term growth in earnings per share and a multi-decade history of increasing dividends.
  While facing near-term headwinds from a challenging housing market impacting its Title Insurance segment and recent pressure on underwriting profitability, ORI is focused on disciplined underwriting and investing in technology to enhance long-term operational efficiency.
This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.

Primer: Old Republic Intl (ORI US) - Aug 2026

<ul><li>Old Republic International reported first quarter 2026 results showing a decline in consolidated pretax operating income to $211.5 million from $252.7 million in the prior year period.</li><li>The company’s consolidated combined ratio increased to 96.6% from 93.7% a year ago.</li><li>Operating return on beginning equity was at 11.5%, with book value per share rising 2.6% inclusive of dividends.</li></ul>

Old Republic International reported first quarter 2026 results showing a decline in consolidated pretax operating income to $211.5 million from $252.7 million in the prior year period.The company’s consolidated combined ratio increased to 96.6% from 93.7% a year ago.Operating return on beginning equity was at 11.5%, with book value per share rising 2.6% inclusive of dividends.

Old Republic International’s $161 Million Repurchase Quarter Signals Discipline!

<ul><li>Old Republic International reported its fourth quarter and full-year 2025 financial results, reflecting mixed operational trends across its Specialty Insurance and Title Insurance segments.</li><li>The company posted consolidated pretax operating income of $236 million for the quarter, down from $285 million in the same period of 2024, with a consolidated combined ratio of 96% versus 92.7% previously.</li><li>For the full year, pretax operating income reached $1 billion, with a combined ratio of 94.7%, while operating return on beginning equity was 14.1%, and book value per share, including dividends, grew by 22%.</li></ul>

Old Republic International reported its fourth quarter and full-year 2025 financial results, reflecting mixed operational trends across its Specialty Insurance and Title Insurance segments.The company posted consolidated pretax operating income of $236 million for the quarter, down from $285 million in the same period of 2024, with a consolidated combined ratio of 96% versus 92.7% previously.For the full year, pretax operating income reached $1 billion, with a combined ratio of 94.7%, while operating return on beginning equity was 14.1%, and book value per share, including dividends, grew by 22%.

Old Republic: Using Technology, Pricing Power, and Diversification to Drive Competitive Advantage!

<ul><li>Old Republic International reported a robust third quarter of 2025, with consolidated pretax operating income rising to $248.2 million from $229.2 million in the previous year.</li><li>The company demonstrated solid profitability and growth across its operations despite challenging market conditions, particularly in the real estate sector.</li><li>The acquisition of Everett Cash Mutual (ECM) has been highlighted as a strategic move intended to bolster Old Republic's Specialty Insurance portfolio.</li></ul>

Old Republic International reported a robust third quarter of 2025, with consolidated pretax operating income rising to $248.2 million from $229.2 million in the previous year.The company demonstrated solid profitability and growth across its operations despite challenging market conditions, particularly in the real estate sector.The acquisition of Everett Cash Mutual (ECM) has been highlighted as a strategic move intended to bolster Old Republic's Specialty Insurance portfolio.

Old Republic International: How the ECM Acquisition Could Deepen Niche Exposure & Broaden the Specialty Portfolio Without Cannibalizing Core Lines!

United States

Old Republic International Corporation is an insurance holding company whose subsidiaries market, underwrite, and provide risk management services.  The Company provides services for a variety of coverages in the property and liability, mortgage guaranty, title, and life and health insurance fields.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Old Republic Intl (ORI US)

Old Republic’s Hidden Growth Engine — Title Revenue Just Reached $773 Million!

Old Republic International reported second quarter 2026 consolidated pretax operating income of $238 million, down from $268 million in the prior...

Baptista Research

Primer: Old Republic Intl (ORI US) - Aug 2026

Old Republic International (ORI) is a specialty insurance holding company with a diversified business model focused on General Insurance and...

αSK Primers

Old Republic International’s $161 Million Repurchase Quarter Signals Discipline!

Old Republic International reported first quarter 2026 results showing a decline in consolidated pretax operating income to $211.5 million from...

Baptista Research

Old Republic: Using Technology, Pricing Power, and Diversification to Drive Competitive Advantage!

Old Republic International reported its fourth quarter and full-year 2025 financial results, reflecting mixed operational trends across its...

Baptista Research

Old Republic International: How the ECM Acquisition Could Deepen Niche Exposure & Broaden the Specialty Portfolio Without Cannibalizing Core Lines!

Old Republic International reported a robust third quarter of 2025, with consolidated pretax operating income rising to $248.2 million from $229.2...

Baptista Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)