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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Old Republic International Corp | NYSE:ORI | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.11 | 0.37% | 30.13 | 30.435 | 29.45 | 30.16 | 2,514,075 | 01:00:00 |
OLD REPUBLIC INTERNATIONAL CORPORATION | ||||||||||||||
(Exact name of registrant as specified in its charter) |
Delaware | 001-10607 | 36-2678171 | ||||||||||||
(State or other jurisdiction | (Commission | (I.R.S. Employer | ||||||||||||
of incorporation) | File Number) | Identification No.) |
307 North Michigan Avenue | Chicago | Illinois | 60601 | ||||||||||||||
(Address of principal executive offices) (Zip Code) | |||||||||||||||||
(312) | 346-8100 | ||||||||||||||||
(Registrant’s telephone number, including area code) | |||||||||||||||||
N /A | |||||||||||||||||
(Former name or former address, if changed since last report) |
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Common Stock / $1 par value | ORI | New York Stock Exchange |
Name and Position Performance Objectives(1) | Target Award Percent of Base Salary (%)(2) | Less than threshold – 0% ($) | Threshold – 50% ($) | Objective – 100% ($) | Maximum – 200% ($) | ||||||||||||
Craig R. Smiddy, President and Chief Executive Officer | 165% | ||||||||||||||||
$/% change – Net Earned Premiums & Fees (excluding Title and RFIG run-off) (35%) | $0 | $267,575 | $535,150 | $1,070,300 | |||||||||||||
% Underwriting Margin/Combined Ratio (excluding RFIG run-off) (35%) | 0 | 267,575 | 535,150 | 1,070,300 | |||||||||||||
Discretionary (30%) | 0 | 229,350 | 458,700 | 917,400 | |||||||||||||
Total | 0 | 764,500 | 1,529,000 | 3,058,000 | |||||||||||||
Frank J. Sodaro, Senior Vice President and Chief Financial Officer | 90% | ||||||||||||||||
$/% change – Net Earned Premiums & Fees (excluding Title and RFIG run-off) (35%) | 0 | 88,305 | 176,610 | 353,220 | |||||||||||||
% Underwriting Margin/Combined Ratio (excluding RFIG run-off) (35%) | 0 | 88,305 | 176,610 | 353,220 | |||||||||||||
Discretionary (30%) | 0 | 75,690 | 151,380 | 302,760 | |||||||||||||
Total | 0 | 252,300 | 504,600 | 1,009,200 | |||||||||||||
W. Todd Gray, Executive Vice President and Treasurer | 130% | ||||||||||||||||
$/% change – Net Earned Premiums & Fees (excluding Title and RFIG run-off) (35%) | 0 | 134,073 | 268,147 | 536,293 | |||||||||||||
% Underwriting Margin/Combined Ratio (excluding RFIG run-off) (35%) | 0 | 134,073 | 268,147 | 536,293 | |||||||||||||
Discretionary (30%) | 0 | 114,920 | 229,840 | 459,680 | |||||||||||||
Total | 0 | 383,066 | 766,134 | 1,532,266 | |||||||||||||
Stephen J. Oberst, Executive Vice President | 130% | ||||||||||||||||
$/% change – Net Earned Premiums & Fees (excluding Title and RFIG run-off) (35%) | 0 | 142,567 | 285,133 | 570,267 | |||||||||||||
% Underwriting Margin/Combined Ratio (excluding RFIG run-off) (35%) | 0 | 142,567 | 285,133 | 570,267 | |||||||||||||
Discretionary (30%) | 0 | 122,200 | 244,400 | 488,800 | |||||||||||||
Total | 0 | 407,334 | 814,666 | 1,629,334 | |||||||||||||
Rande K. Yeager, Executive Chairman – Title Insurance Group | 130% | ||||||||||||||||
% Underwriting Margin/Combined Ratio (Title only) (70%) | 0 | 276,640 | 553,280 | 1,106,560 | |||||||||||||
Discretionary (30%) | 0 | 118,560 | 237,120 | 474,240 | |||||||||||||
Total | 0 | 395,200 | 790,400 | 1,580,800 |
OLD REPUBLIC INTERNATIONAL CORPORATION | ||||||||
Registrant | ||||||||
Date: March 21, 2023 | By: /s/ Thomas A. Dare | |||||||
Thomas A. Dare | ||||||||
Senior Vice President, | ||||||||
Secretary and General Counsel | ||||||||
1 Year Old Republic Chart |
1 Month Old Republic Chart |
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