Exhibit 28 Consolidated Schedule P
Shedule P - Part I OLD REPUBLIC INTERNATIONAL CORPORATION CONSOLIDATED - GRAND TOTAL - ($ in Thousands) (a)
Premiums | ||||||||||||||||||
were earned | Allocated | Unallocated | Loss & Loss | |||||||||||||||
& Losses | Premiums | Loss | Salvage | Loss Expense | Loss Expense | Expense | ||||||||||||
incurred | Earned | Payments | Received | Payments | Ratio | Payments | Ratio | Payments | Ratio | |||||||||
Prior | $10,514,811 | $6,155,245 | $325,492 | $812,445 | 13.20% | $306,223 | 4.97% | $7,273,913 | 69.18% | |||||||||
1997 | 879,848 | 574,557 | 37,970 | 75,524 | 13.14% | 41,248 | 7.18% | 691,329 | 78.57% | |||||||||
1998 | 867,430 | 590,239 | 39,358 | 67,494 | 11.44% | 46,451 | 7.87% | 704,184 | 81.18% | |||||||||
1999 | 815,115 | 566,882 | 42,384 | 49,893 | 8.80% | 60,301 | 10.64% | 677,076 | 83.07% | |||||||||
2000 | 812,907 | 507,438 | 34,254 | 53,772 | 10.60% | 55,602 | 10.96% | 616,812 | 75.88% | |||||||||
2001 | 940,884 | 545,756 | 30,219 | 54,328 | 9.95% | 52,876 | 9.69% | 652,960 | 69.40% | |||||||||
2002 | 1,103,127 | 509,738 | 31,665 | 51,304 | 10.06% | 56,547 | 11.09% | 617,589 | 55.99% | |||||||||
2003 | 1,288,949 | 514,582 | 38,447 | 40,242 | 7.82% | 55,542 | 10.79% | 610,366 | 47.35% | |||||||||
2004 | 1,509,312 | 527,211 | 44,200 | 31,691 | 6.01% | 63,143 | 11.98% | 622,045 | 41.21% | |||||||||
2005 | 1,661,684 | 447,789 | 42,002 | 14,879 | 3.32% | 69,354 | 15.49% | 532,022 | 32.02% | |||||||||
2006 | 1,747,339 | 241,801 | 26,775 | 3,568 | 1.48% | 63,477 | 26.25% | 308,846 | 17.68% | |||||||||
Totals | $22,141,406 | $11,181,238 | $692,766 | $1,255,140 | 11.23% | $870,764 | 7.79% | $13,307,142 | 60.10% |
Premiums | Total Loss | ||||||||||
were earned | Unpaid | & Loss | |||||||||
& Losses | # of Claims | Unpaid | Loss | Expense | 2006 | ||||||
incurred | Outstanding | Losses | Expense | Incurred | Ratio | ||||||
Prior | XXX | $593,243 | $58,864 | $7,926,020 | 75.38% | ||||||
1997 | XXX | 14,930 | 2,765 | 709,024 | 80.58% | ||||||
1998 | XXX | 21,548 | 3,591 | 729,323 | 84.08% | ||||||
1999 | XXX | 22,935 | 2,974 | 702,985 | 86.24% | ||||||
2000 | XXX | 38,458 | 6,246 | 661,516 | 81.38% | ||||||
2001 | XXX | 48,977 | 7,981 | 709,918 | 75.45% | ||||||
2002 | XXX | 76,137 | 13,565 | 707,291 | 64.12% | ||||||
2003 | XXX | 152,389 | 22,534 | 785,289 | 60.92% | ||||||
2004 | XXX | 308,578 | 46,074 | 976,697 | 64.71% | ||||||
2005 | XXX | 507,727 | 77,918 | 1,117,667 | 67.26% | ||||||
2006 | XXX | 839,451 | 146,846 | 1,295,143 | 74.12% | ||||||
Totals | XXX | $2,624,373 | $389,358 | $16,320,873 | 73.71% |
(a) Prepared in accordance with the 2006 guidelines set by the NAIC.
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