v3.26.1
Debt
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Debt Debt
Consolidated debt of Old Republic and its subsidiaries is summarized below:

June 30, 2026December 31, 2025
Carrying
Amount
Fair
Value
Carrying
Amount
Fair
Value
Senior Notes:
3.875% issued in 2016 and due 2026$549.9 $550.0 $549.6 $549.7 
5.750% issued in 2024 and due 2034396.8 406.8 396.6 416.4 
5.700% issued in 2026 and due 2036693.5 702.9 — — 
3.850% issued in 2021 and due 2051643.7 468.0 643.6 471.9 
Total debt$2,284.0 $2,127.8 $1,589.9 $1,438.2 

On May 18, 2026, the Company completed a public offering of $700.0 aggregate principal amount of Senior Notes. The notes bear interest at a rate of 5.700% per year and mature on June 1, 2036. These notes were issued in anticipation of refinancing the $550.0 aggregate principal amount of Senior Notes maturing on August 26, 2026.

Fair Value Measurements - The Company utilizes indicative market prices, which incorporate recent actual market transactions and current bid/ask quotations to estimate the fair value of outstanding debt, all of which is classified within Level 2 of the fair value hierarchy described in Note 2.