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Schedule III - Supplementary Insurance Information
 12 Months Ended
Dec. 31, 2019
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, 2019, 2018 and 2017
($ 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, 2019:
 
 
 
 
 
 
 
 
 
 
Insurance Underwriting:
 
 
 
 
 
 
 
 
 
 
General Insurance Group
 
$
324.0

 
$
6,021.3

 
$
1,733.0

 
$
129.1

 
$
3,432.4

Title Insurance Group
 
—

 
530.9

 
—

 
6.0

 
1,993.2

RFIG Run-off Business
 
—

 
118.9

 
1.3

 
—

 
59.2

Corporate & Other (1)
 
1.4

 
8.4

 
—

 
44.0

 
13.4

Reinsurance Recoverable (2)
 
—

 
3,249.7

 
490.4

 
15.1

 
—

Consolidated
 
$
325.4

 
$
9,929.5

 
$
2,224.7

 
$
194.4

 
$
5,498.3

 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2018:
 
 
 
 
 
 
 
 
 
 
Insurance Underwriting:
 
 
 
 
 
 
 
 
 
 
General Insurance Group
 
$
314.1

 
$
5,766.1

 
$
1,696.4

 
$
130.8

 
$
3,277.1

Title Insurance Group
 
—

 
533.4

 
—

 
6.3

 
1,885.6

RFIG Run-off Business
 
—

 
154.5

 
3.0

 
—

 
75.9

Corporate & Other (1)
 
2.2

 
10.8

 
—

 
44.6

 
14.6

Reinsurance Recoverable (2)
 
—

 
3,006.3

 
405.4

 
16.8

 
—

Consolidated
 
$
316.3

 
$
9,471.2

 
$
2,104.9

 
$
198.6

 
$
5,253.4

 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2017:
 
 
 
 
 
 
 
 
 
 
Insurance Underwriting:
 
 
 
 
 
 
 
 
 
 
General Insurance Group
 
$
294.3

 
$
5,471.5

 
$
1,597.3

 
$
130.2

 
$
3,110.8

Title Insurance Group
 
—

 
559.7

 
—

 
6.8

 
1,827.6

RFIG Run-off Business
 
—

 
271.7

 
5.1

 
—

 
122.9

Corporate & Other (1)
 
3.4

 
13.5

 
—

 
46.4

 
18.8

Reinsurance Recoverable (2)
 
—

 
2,921.1

 
369.0

 
21.1

 
—

Consolidated
 
$
297.8

 
$
9,237.6

 
$
1,971.5

 
$
204.7

 
$
5,080.2

__________

(1)
Includes amounts for a small life and accident insurance business as well as those of the parent holding company, its internal corporate services subsidiaries 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 $3.7 billion, $3.4 billion, and $3.3 billion at December 31, 2019, 2018 and 2017, respectively. 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, 2019, 2018 and 2017
($ 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, 2019:
 
 
 
 
 
 
 
 
 
 
Insurance Underwriting:
 
 
 
 
 
 
 
 
 
 
General Insurance Group
 
$
356.4

 
$
2,464.6

 
$
531.5

 
$
554.3

 
$
3,469.0

Title Insurance Group
 
41.4

 
67.4

 
—

 
2,233.0

 
1,993.2

RFIG Run-off Business
 
17.6

 
31.7

 
—

 
14.8

 
57.5

Corporate & Other (1)
 
35.1

 
8.8

 
.7

 
(15.9
)
 
13.3

Reinsurance Recoverable (2)
 
—

 
—

 
—

 
—

 
—

Consolidated
 
$
450.7

 
$
2,572.7

 
$
532.2

 
$
2,786.3

 
$
5,533.2

 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2018:
 
 
 
 
 
 
 
 
 
 
Insurance Underwriting:
 
 
 
 
 
 
 
 
 
 
General Insurance Group
 
$
341.0

 
$
2,365.8

 
$
488.4

 
$
521.2

 
$
3,380.4

Title Insurance Group
 
38.8

 
48.3

 
—

 
2,107.7

 
1,885.6

RFIG Run-off Business
 
20.1

 
29.9

 
—

 
16.3

 
73.9

Corporate & Other (1)
 
31.7

 
16.7

 
1.2

 
(12.0
)
 
14.6

Reinsurance Recoverable (2)
 
—

 
—

 
—

 
—

 
—

Consolidated
 
$
431.8

 
$
2,460.7

 
$
489.6

 
$
2,633.2

 
$
5,354.7

 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2017:
 
 
 
 
 
 
 
 
 
 
Insurance Underwriting:
 
 
 
 
 
 
 
 
 
 
General Insurance Group
 
$
318.9

 
$
2,234.4

 
$
449.9

 
$
506.8

 
$
3,245.2

Title Insurance Group
 
37.3

 
20.8

 
—

 
2,067.0

 
1,827.6

RFIG Run-off Business
 
21.7

 
197.8

 
—

 
20.3

 
118.4

Corporate & Other (1)
 
31.4

 
25.7

 
4.1

 
10.3

 
18.8

Reinsurance Recoverable (2)
 
—

 
—

 
—

 
—

 
—

Consolidated
 
$
409.4

 
$
2,478.8

 
$
454.0

 
$
2,604.7

 
$
5,210.1

__________

(1)
Includes amounts for a small life and accident insurance business as well as those of the parent holding company, its internal corporate services subsidiaries 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 $3.7 billion, $3.4 billion, and $3.3 billion at December 31, 2019, 2018 and 2017, respectively. This accounting treatment does not have any effect on the Company's results of operations.