Exhibit 28 Consolidated Schedule P
Schedule P - Part 1 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 # of Claims
incurred Earned Payments Received Payments Ratio Payments Ratio Payments Ratio Outstanding
- ----------- ----------- ----------- ---------- ------------ -------- ------------ -------- ----------- -------- ------------
<s> <c> <c> <c> <c> <c> <c> <c> <c> <c> <c>
Prior $9,668,051 $5,687,472 $295,252 $738,081 12.98% $265,014 4.66% $6,690,567 69.20% XXX
1996 846,760 493,582 29,500 64,137 12.99% 39,194 7.94% 596,913 70.49% XXX
1997 879,848 573,509 37,492 74,846 13.05% 41,198 7.18% 689,553 78.37% XXX
1998 867,430 588,882 39,266 66,780 11.34% 46,330 7.87% 701,992 80.93% XXX
1999 815,115 563,832 42,236 48,876 8.67% 60,101 10.66% 672,809 82.54% XXX
2000 812,907 499,977 33,329 51,673 10.34% 55,376 11.08% 607,026 74.67% XXX
2001 940,884 530,776 29,568 50,311 9.48% 52,527 9.90% 633,614 67.34% XXX
2002 1,103,127 488,493 30,786 44,242 9.06% 55,764 11.42% 588,499 53.35% XXX
2003 1,288,949 478,406 36,069 30,859 6.45% 53,972 11.28% 563,237 43.70% XXX
2004 1,509,312 469,663 40,528 19,859 4.23% 60,202 12.82% 549,724 36.42% XXX
2005 1,661,684 312,500 26,035 5,232 1.67% 55,941 17.90% 373,673 22.49% XXX
----------- ----------- ---------- ------------ -------- ----------- -------- ----------- -------- ------------
Totals $20,394,067 $10,687,092 $640,061 $1,194,896 11.18% $785,619 7.35% $12,667,607 62.11% XXX
=========== =========== ========== ============ ======== =========== ======== =========== ======== ============
(a) Prepared in accordance with the 2005 guidelines set by the NAIC.
Exhibit 28 Consolidated Schedule P
Schedule P - Part 1 OLD REPUBLIC INTERNATIONAL CORPORATION CONSOLIDATED - GRAND TOTAL - ($ in thousands) (a)
Premiums Total Loss
were earned Unpaid & Loss
& Losses Unpaid Loss Expense 2005
incurred Losses Expense Incurred Ratio
- ----------- ----------- ---------- ----------- --------
<s> <c> <c> <c> <c>
Prior $535,005 $57,559 $7,283,131 75.33%
1996 16,151 1,690 614,754 72.60%
1997 16,111 3,019 708,683 80.55%
1998 23,761 3,794 729,547 84.10%
1999 23,726 3,563 700,098 85.89%
2000 46,126 8,230 661,382 81.36%
2001 69,497 12,406 715,517 76.05%
2002 100,629 20,139 709,267 64.30%
2003 222,803 38,210 824,250 63.95%
2004 396,927 68,951 1,015,602 67.29%
2005 684,395 131,772 1,189,840 71.60%
----------- ---------- ----------- --------
Totals $2,135,131 $349,333 $15,152,071 74.30%
=========== ========== =========== ========
(a) Prepared in accordance with the 2005 guidelines set by the NAIC.
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