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Schedule III - Supplementary Insurance Information
12 Months Ended
Dec. 31, 2023
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, 2023, 2022 and 2021
($ in Millions)
Column AColumn BColumn CColumn DColumn EColumn F
Segment
Deferred
Policy
Acquisition
Costs
Loss and Loss Adjustment Expense ReservesUnearned
Premiums
Other
Policyholders'
Benefits and
Funds
Premium
Revenue
Year Ended December 31, 2023:
Insurance Underwriting:
General Insurance$417.6 $6,955.2 $2,253.1 $109.3 $4,119.2 
Title Insurance— 598.5 — 1.5 2,300.9 
RFIG Run-off (a)
— — — — 16.4 
Corporate & Other (b)
0.2 6.6 — 30.8 9.1 
Reinsurance Recoverable (c)
— 4,977.7 789.5 8.6 — 
Consolidated$417.8 $12,538.2 $3,042.6 $150.4 $6,445.9 
Year Ended December 31, 2022:
Insurance Underwriting:
General Insurance$382.2 $6,824.8 $2,028.5 $137.1 $3,808.6 
Title Insurance— 612.8 — 3.3 3,500.6 
RFIG Run-off— 77.9 0.1 — 23.2 
Corporate & Other (b)
0.2 6.3 — 31.8 9.6 
Reinsurance Recoverable (c)
— 4,699.5 759.1 9.8 — 
Consolidated$382.5 $12,221.5 $2,787.8 $182.2 $7,342.1 
Year Ended December 31, 2021:
Insurance Underwriting:
General Insurance$349.9 $6,587.0 $1,870.7 $133.6 $3,555.5 
Title Insurance— 594.2 — 6.2 3,960.5 
RFIG Run-off— 111.2 0.2 — 32.6 
Corporate & Other (b)
0.5 7.6 — 39.4 11.0 
Reinsurance Recoverable (c)
— 4,125.3 688.4 11.3 — 
Consolidated$350.4 $11,425.5 $2,559.4 $190.6 $7,559.8 
__________

(a)    RFIG Run-off loss and loss adjustment expense reserves of $54.9 and unearned premiums of $0.1 have been classified as held-for-sale as of December 31, 2023. See Note 2 in the Notes to Consolidated Financial Statements included in the Annual Report on Form 10-K for further discussion.
(b)    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.
(c)    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 $5.7 billion, $5.4 billion, and $4.8 billion at December 31, 2023, 2022, and 2021, respectively. This accounting treatment does not have any effect on the Company's results of operations.
OLD REPUBLIC INTERNATIONAL CORPORATION AND SUBSIDIARIES
SCHEDULE III - SUPPLEMENTARY INSURANCE INFORMATION
For the Years Ended December 31, 2023, 2022 and 2021
($ in Millions)
Column AColumn GColumn HColumn IColumn JColumn K
SegmentNet
Investment
Income
Loss and Loss Adjustment ExpensesAmortization
of Deferred
Policy
Acquisition
Costs
Other
Operating
Expenses
Premiums
Written
Year Ended December 31, 2023:
Insurance Underwriting:
General Insurance$462.7 $2,553.3 $680.0 $723.0 $4,356.3 
Title Insurance57.0 48.7 — 2,438.2 2,300.9 
RFIG Run-off (a)
6.3 (11.0)— 12.5 16.4 
Corporate & Other (b)
52.2 5.5 — 60.1 9.1 
Reinsurance Recoverable (c)
— — — — — 
Consolidated$578.3 $2,596.6 $680.0 $3,234.1 $6,682.9 
Year Ended December 31, 2022:
Insurance Underwriting:
General Insurance$358.0 $2,364.6 $591.2 $669.5 $3,978.2 
Title Insurance47.9 89.1 — 3,484.6 3,500.6 
RFIG Run-off6.7 (17.5)— 12.3 23.1 
Corporate & Other (b)
46.8 4.0 0.2 28.0 9.6 
Reinsurance Recoverable (c)
— — — — — 
Consolidated$459.5 $2,440.2 $591.4 $4,194.5 $7,511.6 
Year Ended December 31, 2021:
Insurance Underwriting:
General Insurance$342.4 $2,303.1 $501.9 $648.0 $3,680.9 
Title Insurance43.8 112.9 — 3,820.6 3,960.5 
RFIG Run-off11.4 (1.7)— 13.0 32.4 
Corporate & Other (b)
36.5 6.5 0.3 14.5 10.9 
Reinsurance Recoverable (c)
— — — — — 
Consolidated$434.3 $2,420.9 $502.2 $4,496.3 $7,685.0 
__________

(a)    RFIG Run-off loss and loss adjustment expense reserves of $54.9 and unearned premiums of $0.1 have been classified as held-for-sale as of December 31, 2023. See Note 2 in the Notes to Consolidated Financial Statements included in the Annual Report on Form 10-K for further discussion.
(b)    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.
(c)    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 $5.7 billion, $5.4 billion, and $4.8 billion at December 31, 2023, 2022, and 2021, respectively. This accounting treatment does not have any effect on the Company's results of operations.