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Information About Segments of Business (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule of segment reporting

The accounting policies of the segments parallel those described in the summary of significant accounting policies pertinent thereto.
Segmented and Consolidated Results
Years Ended December 31:
 
2019
 
2018
 
2017
General Insurance (a):
 
 
 
 
 
 
Net premiums earned
 
$
3,432.4

 
$
3,277.1

 
$
3,110.8

Net investment income and other income
 
488.4

 
462.3

 
420.8

Total revenues excluding investment gains (losses)
 
$
3,920.8

 
$
3,739.4

 
$
3,531.6

Segment pretax operating income (loss) (b)
 
$
370.2

 
$
363.9

 
$
340.3

Income tax expense (credits) on above
 
$
69.9

 
$
62.6

 
$
170.6

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Title Insurance:
 
 
 
 
 
 
Net premiums earned
 
$
1,993.2

 
$
1,885.6

 
$
1,827.6

Title, escrow and other fees
 
495.9

 
450.5

 
459.5

Sub-total
 
2,489.2

 
2,336.1

 
2,287.2

Net investment income and other income
 
42.1

 
39.2

 
37.8

Total revenues excluding investment gains (losses)
 
$
2,531.3

 
$
2,375.4

 
$
2,325.0

Segment pretax operating income (loss) (b)
 
$
230.8

 
$
219.3

 
$
237.1

Income tax expense (credits) on above
 
$
49.5

 
$
46.2

 
$
79.7

 
 
 
 
 
 
 
 
 
 
 
 
 
 
RFIG Run-off Business (a):
 
 
 
 
 
 
Net premiums earned
 
$
59.2

 
$
75.9

 
$
122.9

Net investment income and other income
 
17.6

 
20.1

 
21.7

Total revenues excluding investment gains (losses)
 
$
76.8

 
$
96.1

 
$
144.6

Segment pretax operating income (loss) (d)
 
$
30.3

 
$
49.9

 
$
(73.5
)
Income tax expense (credits) on above
 
$
5.8

 
$
10.1

 
$
(77.0
)
 
 
 
 
 
 
 
Consolidated Revenues:
 
 
 
 
 
 
Total revenues of above Company segments
 
$
6,529.1

 
$
6,211.0

 
$
6,001.4

Other sources (c)
 
170.0

 
169.1

 
170.3

Consolidated investment gains (losses):
 
 
 
 
 
 
Realized from actual transactions
 
36.6

 
58.2

 
211.6

Unrealized from changes in fair value of equity securities
 
599.5

 
(293.8
)
 

Total realized and unrealized investment gains (losses)
 
636.1

 
(235.6
)
 
211.6

Consolidation elimination adjustments
 
(121.4
)
 
(122.7
)
 
(120.1
)
Consolidated revenues
 
$
7,213.7

 
$
6,021.8

 
$
6,263.1

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated Pretax Income (Loss):
 
 
 
 
 
 
Total segment pretax operating income (loss) of
 
 
 
 
 
 
 above Company segments
 
$
631.4

 
$
633.2

 
$
503.9

Other sources - net (c)
 
54.8

 
40.4

 
9.9

Consolidated investment gains (losses):
 
 
 
 
 
 
Realized from actual transactions
 
36.6

 
58.2

 
211.6

Unrealized from changes in fair value of equity securities
 
599.5

 
(293.8
)
 

Total realized and unrealized investment gains (losses)
 
636.1

 
(235.6
)
 
211.6

Consolidated income (loss) before income taxes (credits)
 
$
1,322.4

 
$
438.1

 
$
725.4

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated Income Tax Expense (Credits):
 
 
 
 
 
 
Total income tax expense (credits) of above Company segments
 
$
125.3

 
$
119.0

 
$
173.3

Other sources - net (c)
 
6.6

 
(1.8
)
 
22.4

Income tax expense (credits) on consolidated realized
 
 
 
 
 
 
 and unrealized investment gains (losses)
 
133.8

 
(49.6
)
 
(30.8
)
Consolidated income tax expense (credits)
 
$
265.9

 
$
67.5

 
$
164.8


December 31:
 
 
 
2019
 
2018
Consolidated Assets:
 
 
 
 
 
 
General Insurance
 
 
 
$
17,870.0

 
$
16,411.4

Title Insurance
 
 
 
1,695.0

 
1,452.2

RFIG Run-off Business
 
 
 
615.1

 
736.7

Total assets of above company segments
 
 
 
20,180.2

 
18,600.3

Other assets (c)
 
 
 
1,095.4

 
1,028.9

Consolidation elimination adjustments
 
 
 
(199.3
)
 
(302.2
)
Consolidated assets
 
 
 
$
21,076.3

 
$
19,327.1

__________

In the above tables, net premiums earned on a GAAP basis differ slightly from statutory amounts due to certain differences in calculations of unearned premium reserves under each accounting method.

(a) Results for the Consumer Credit Indemnity ("CCI") run-off business are expected to be immaterial in the remaining run-off periods. Effective July 1, 2019, these results have been reclassified to the General Insurance segment for all future periods. Previously these results were reflected as part of the RFIG Run-off Business.
(b)
Segment pretax operating income (loss) is reported net of interest charges on intercompany financing arrangements with Old Republic's holding company parent for the following segments: General - $71.5, $68.0 and $57.2 for the years ended December 31, 2019, 2018, and 2017, respectively; Title - $5.5, $6.1 and $7.8 for the years ended December 31, 2019, 2018, and 2017, respectively.
(c)
Includes amounts for a small life and accident insurance business as well as those of the parent holding company and its internal corporate services subsidiaries.
(d)
RFIG Run-off segment pretax operating income (loss) for 2017 include additional claim and related expense provisions of $130.0. These costs apply to the final settlements and probable dispositions of all known litigated and other claim costs incurred by the Company's run-off Financial Indemnity business during the Great Recession years and their aftermath.