Old Republic’s net income was down over 55% in 2022
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The Big Four title insurance company Old Republic will lean into business title and innovation as it looks impertinent to a more powerful 2023.
The company produced a net earnings of $686.4 million for the complete year in 2022 compared to $1.534 billion in 2021. Throughout Q4 2022, Old Republic’s title insurance coverage internet premiums and charges created were down to $836.4 million, a drop of 29.4% compared to a year earlier. “Commercial premiums reported for complete year 2022 represented an all-time high for the title group.
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