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Schedule III - Supplementary Insurance Information
 12 Months Ended
Dec. 31, 2013
Schedule III - Supplementary Insurance Information [Abstract]  
Schedule III - Supplementary Insurance Information
OLD REPUBLIC INTERNATIONAL CORPORATION AND SUBSIDIARIES
SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION
For the Years Ended December 31, 2013, 2012 and 2011
($ in Millions)
 
 
 
 
 
 
 
 
 
 
 
Column A
 
Column B
 
Column C
 
Column D
 
Column E
 
Column F
Segment
 

Deferred
Policy
Acquisition
Costs
 
Losses,
Claims and
Settlement
Expenses
 
Unearned
Premiums
 
Other
Policyholders'
Benefits and
Funds
 
Premium
Revenue
 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2013:
 
 
 
 
 
 
 
 
 
 
Insurance Underwriting:
 
 
 
 
 
 
 
 
 
 
General Insurance Group
 
$
170.4

 
$
4,334.1

 
$
1,174.2

 
$
116.9

 
$
2,513.7

Title Insurance Group
 
—

 
471.5

 
—

 
6.5

 
1,567.1

RFIG Run-off Business
 
—

 
1,774.2

 
28.8

 
—

 
316.5

Corporate & Other (1)
 
22.2

 
16.8

 
—

 
54.8

 
59.3

Reinsurance Recoverable (2)
 
—

 
2,836.7

 
284.7

 
29.3

 
—

Consolidated
 
$
192.6

 
$
9,433.5

 
$
1,487.8

 
$
207.8

 
$
4,456.6

 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2012:
 
 
 
 
 
 
 
 
 
 
Insurance Underwriting:
 
 
 
 
 
 
 
 
 
 
General Insurance Group
 
$
139.4

 
$
4,048.9

 
$
1,068.8

 
$
107.7

 
$
2,324.4

Title Insurance Group
 
—

 
396.4

 
—

 
7.0

 
1,250.2

RFIG Run-off Business
 
—

 
1,994.8

 
40.5

 
—

 
410.5

Corporate & Other (1)
 
26.0

 
15.9

 
—

 
55.7

 
58.6

Reinsurance Recoverable (2)
 
—

 
2,847.0

 
255.1

 
31.2

 
—

Consolidated
 
$
165.5

 
$
9,303.3

 
$
1,364.4

 
$
201.8

 
$
4,043.8

 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2011:
 
 
 
 
 
 
 
 
 
 
Insurance Underwriting:
 
 
 
 
 
 
 
 
 
 
General Insurance Group
 
$
168.6

 
$
3,874.9

 
$
1,009.2

 
$
96.9

 
$
2,109.4

Title Insurance Group
 
—

 
332.0

 
—

 
6.1

 
1,007.9

RFIG Run-off Business
 
—

 
1,654.0

 
57.6

 
—

 
503.2

Corporate & Other (1)
 
29.0

 
17.4

 
—

 
56.9

 
74.9

Reinsurance Recoverable (2)
 
—

 
2,908.1

 
201.9

 
33.0

 
—

Consolidated
 
$
197.6

 
$
8,786.6

 
$
1,268.8

 
$
193.1

 
$
3,695.5

__________

(1)
Represents amounts for Old Republic's holding company parent, minor corporate services subsidiaries, a small life & accident insurance operation and consolidation elimination adjustments.
(2) In accordance with GAAP, reinsured losses and unearned premiums are to be reported as assets. Assets and liabilities were, as a result, increased by corresponding amounts of approximately $3.1 billion at December 31, 2013, 2012 and 2011. This accounting treatment does not have any effect on the Company's results of operations.



















OLD REPUBLIC INTERNATIONAL CORPORATION AND SUBSIDIARIES
SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION
For the Years Ended December 31, 2013, 2012 and 2011
($ in Millions)
 
 
 
 
 
 
 
 
 
 
 
Column A
 
Column G
 
Column H
 
Column I
 
Column J
 
Column K
Segment
 
Net
Investment
Income
 
Benefits,
Claims,
Losses and
Settlement
Expenses
 
Amortization
of Deferred
Policy
Acquisition
Costs
 
Other
Operating
Expenses
 
Premiums
Written
 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2013:
 
 
 
 
 
 
 
 
 
 
Insurance Underwriting:
 
 
 
 
 
 
 
 
 
 
General Insurance Group
 
$
249.6

 
$
1,849.4

 
$
315.4

 
$
396.3

 
$
2,601.1

Title Insurance Group
 
26.6

 
134.0

 
—

 
1,767.2

 
1,567.1

RFIG Run-off Business
 
36.8

 
217.7

 
—

 
25.5

 
304.3

Corporate & Other (1)
 
5.6

 
37.0

 
16.4

 
9.9

 
61.0

Reinsurance Recoverable (2)
 
—

 
—

 
—

 
—

 
—

Consolidated
 
$
318.7

 
$
2,238.3

 
$
331.9

 
$
2,199.4

 
$
4,533.6

 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2012:
 
 
 
 
 
 
 
 
 
 
Insurance Underwriting:
 
 
 
 
 
 
 
 
 
 
General Insurance Group
 
$
264.9

 
$
1,696.0

 
$
327.9

 
$
414.4

 
$
2,366.9

Title Insurance Group
 
27.3

 
120.8

 
—

 
1,512.3

 
1,250.2

RFIG Run-off Business
 
36.3

 
910.4

 
—

 
45.4

 
389.8

Corporate & Other (1)
 
7.9

 
38.0

 
15.3

 
17.8

 
58.5

Reinsurance Recoverable (2)
 
—

 
—

 
—

 
—

 
—

Consolidated
 
$
336.5

 
$
2,765.3

 
$
343.2

 
$
1,990.1

 
$
4,065.5

 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2011:
 
 
 
 
 
 
 
 
 
 
Insurance Underwriting:
 
 
 
 
 
 
 
 
 
 
General Insurance Group
 
$
270.5

 
$
1,460.0

 
$
296.7

 
$
374.6

 
$
2,137.6

Title Insurance Group
 
27.3

 
105.7

 
—

 
1,249.8

 
1,007.9

RFIG Run-off Business
 
59.3

 
1,160.1

 
52.3

 
83.2

 
521.2

Corporate & Other (1)
 
7.4

 
38.5

 
22.7

 
38.2

 
75.1

Reinsurance Recoverable (2)
 
—

 
—

 
—

 
—

 
—

Consolidated
 
$
364.6

 
$
2,764.3

 
$
371.8

 
$
1,745.9

 
$
3,742.0

__________

(1)
Represents amounts for Old Republic's holding company parent, minor corporate services subsidiaries, a small life & accident insurance operation and consolidation elimination adjustments.
(2)
In accordance with GAAP, reinsured losses and unearned premiums are to be reported as assets. Assets and liabilities were, as a result, increased by corresponding amounts of approximately $3.1 billion at December 31, 2013, 2012 and 2011. This accounting treatment does not have any effect on the Company's results of operations.