Old Republic - Insurance Company Remains on Growth Path Thanks to Price Increases and Rising Premium Income!
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Business Driver: Old Republic has primarily focused on property and liability insurance, commercial property insurance for business customers, and is also specialized in property insurance for homebuyers as well as mortgage bond processing and credit insurance. Recently, in Q3, it showed a solid EPS increase of 9.86% to 78 cents, surpassing analyst estimates of 77 cents. Additionally, total revenues increased by 8.21% to 2.32 billion USD, slightly exceeding expectations. On October 24, Piper Sandler reaffirmed the rating of "Overweight" but...
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