Old Republic Residual Market Services is part of the Old Republic General Insurance Group, the largest business segment within Old Republic International Corporation (NYSE: ORI), one of the nation’s 50 largest shareholder-owned insurance organizations and a Fortune 500 company.
Old Republic’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 that policyholders and shareholders place in us.
Old Republic traces its beginnings to 1923, although several acquired subsidiaries began operations much earlier. It 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. Its subsidiaries actively market, underwrite, and provide risk management services for a wide variety of coverages, mostly in the general and title insurance fields.
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. For complete Old Republic financials and its latest annual review, please visit the Investor Relations section of Old Republic’s website.
Our policy-issuing insurance carrier, Pennsylvania Manufacturers' Association Insurance Company (PMAIC), a member of the Old Republic Insurance Group and part of Old Republic International, is rated A+ (Superior) XV by AM Best.
Rating determinations made by rating agencies are subject to change from time to time. While the Company attempts to show accurate information, it cannot assure the timeliness of ratings referred to herein and assumes no obligation to monitor the ratings actions of any rating agency. AM Best ratings as of April 21, 2021; Standard & Poor's as of November 17, 2020; Moody's as of October 13, 2020. A+ (Superior) and A (Excellent) ratings from AM Best represent the 2nd and 3rd highest ratings, respectively, among 13 rating categories. An A2 rating from Moody's (Highest Quality) represents the 6th highest rating among 21 rating categories and an A+ (Strong) from Standard & Poor's represents the 5th highest rating among 20 rating categories.