Old Republic International Corporation
is our Parent Company. The Corporation's mission is to provide
quality insurance security and related services to businesses,
individuals, and public institutions and be a dependable long-term
steward of the trust our policyholders and shareholders place
in us.
Old Republic International Corporation traces its beginnings
to 1923, although several acquired subsidiaries began operations
much earlier. The Company is one of America's 50 largest shareholder-owned
insurance businesses. Its subsidiaries market, underwrite, and
provide risk management services for a wide variety of coverages,
predominantly in the general (property and liability), mortgage
guaranty, and title insurance fields. A small life and health
insurance business is conducted in the U.S. and Canada. The
Company is primarily a commercial lines underwriter serving
the insurance needs of a large number of organizations, including
many of America's leading industrial and financial services
institutions.
For the beneficiaries of their insurance products and services,
Old Republic's insurance subsidiaries provide quality assurance
of the promises they make. For employees, the Company offers
an environment of success in which they can pursue personal
goals of professional and economic achievement in the context
of Old Republic's business objectives.
Old Republic's record as a long-term investment compares favorably
within American industry. The Company's performance reflects
an entrepreneurial spirit, a necessary long-term orientation
in the management of its business, and a corporate structure
that promotes accountability and encourages the taking of prudent
business risks. The Company's common stock has a demonstrated
history of long-term capital appreciation and a cash dividend
payment record that now extends to 65 consecutive years. According
to the winter 2007 edition of Mergent's Dividend Achievers,
Old Republic is one of just 321 companies, out of 10,000-plus
publicly held corporations, that have posted at least 10 consecutive
years of annual dividend growth. In addition, Old Republic is
one of only 121 companies to have attained annual dividend increases
for at least 24 consecutive years.
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