Old Republic Has Higher Quarterly Profit

NU Online News Service, Jan. 30, 9:33 a.m. EST?Old Republic International Corp.'s 2003 fourth-quarter net profit rose 18 percent on a year-over-year basis to $113.9 million, from $93.5 million a year earlier, helped by improvement in its general property-and-liability insurance operations.[@@]

"The solid results achieved by Old Republic's consolidated operations continue to demonstrate the benefits of managing a balanced book of business in the interest of achieving reasonably consistent growth," said Old Republic's Chief Executive Al Zucaro.

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