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Old Republic exits mortgage insurance with sale to Arch MI

$140 million divestment deal includes transfer of substantial risk in force portfolio

Craig smiddyDavid gansbergArch global mortgage groupOld republic presidentGlobal mortgage groupOld republic internationalArch capital groupMortgage insurance

OLD REPUBLIC ANNOUNCES SALE OF RUN-OFF MORTGAGE BUSINESS

CHICAGO, Nov. 13, 2023 /PRNewswire/ Old Republic International Corporation – today announced that it has entered into a definitive agreement to sell its mortgage insurance business to Arch.

United statesCraigr smiddyJoe calabreseKirkland ellisOld republic international corporationMany of the companyArch us mi holdings incArch capital group ltdExchange commissionCompanies incInsurance advisory partnersPrnewswire old republic international corporationRepublic international corporationArch capital groupOld republicOld republic president

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