Exhibit (21) ------------ Subsidiaries of the registrant (As of December 31, 1997) - ---------------------------------------------------------------- Percentage of Voting Securities Owned by State of Immediate Name Organization Parent - ------------------------------------------------------- -------------- ------------ OLD REPUBLIC INTERNATIONAL CORPORATION Delaware --- - ------------------------------------------------------- Old Republic Capital Corporation Delaware 100% ----------------------------------------------------- Old Republic General Insurance Group, Inc. Delaware 100% ----------------------------------------------------- Bitco Corporation Delaware 100% Bituminous Casualty Corporation Illinois 100% Bituminous Fire and Marine Insurance Corporation Illinois 100% Brummel Brothers, Inc. Illinois 100% Chicago Underwriting Group, Inc. Delaware 100% Upper Peninsula Insurance Company Arizona 100% Employers General Insurance Group, Inc. Delaware 97% Employers General Insurance Company Texas 100% Employers National Risk Management Services, Inc. Texas 100% Employers Claims Adjustment Services, Inc. Texas 100% National General Agency, Inc. Texas 100% ORI Great West Holding, Inc. Delaware 100% Central Data Services, Inc. Delaware 100% Great West Casualty Company Nebraska 100% Great West Insurance Agencies, Inc. Delaware 100% International Business & Mercantile Insurance Managers, Inc. Delaware 100% Old Republic Home Protection Company, Inc. California 100% Old Republic Insurance Company Pennsylvania 100% Old Republic Insured Credit Services, Inc. Delaware 100% Old Republic Lloyds of Texas Texas 100% Old Republic Northern Holdings, Inc. Delaware 100% Old Republic Mercantile Insurance Company Wisconsin 100% Old Republic Risk Management, Inc. Delaware 100% Remington General Assurance Ltd. Bermuda 100% Old Republic Security Holdings, Inc. Delaware 100% Old Republic Minnehoma Insurance Company Arizona 100% ORDESCO, Inc. Oklahoma 100% Old Republic Standard Underwriters, Inc. Delaware 86% Old Republic Standard Insurance Company Arizona 100% Old Republic Surety Group, Inc. Delaware 96% Old Republic Surety Company Wisconsin 100% Old Republic Union Insurance Company Illinois 100% Old Republic Union Insurance Managers, Inc. Alabama 100% Phoenix Aviation Managers, Inc. Delaware 30% Aerie REassurance Company, Ltd. Bermuda 100% Reliable Canadian Holdings, Ltd. Ontario(Canada) 100% D.I.S.C.C. Enterprise, Ltd. British Columbia(Canada) 100% Old Republic Canadian Holdings, Ltd. Ontario(Canada) 100% Reliable Life Insurance Company Ontario(Canada) 100% Old Republic Insurance Company of Canada Ontario(Canada) 100% Old Republic International Reinsurance Group, Inc. Delaware 100% American Business & Mercantile Insurance Group, Inc. Delaware 40% American Business & Mercantile REassurance Company Delaware 100% International Business & Mercantile REassurance Company Illinois 100% Old Republic RE, Inc. Delaware 100% 1 Exhibit (21) ------------ Subsidiaries of the registrant (As of December 31, 1997) - ---------------------------------------------------------------- Percentage of Voting Securities Owned by State of Immediate Name Organization Parent - ------------------------------------------------------- -------------- ------------ Old Republic Mortgage Guaranty Group, Inc. Delaware 100% ----------------------------------------------------- Republic Mortgage Insurance Company North Carolina 100% Republic Mortgage Insurance Company of Florida Florida 100% Republic Mortgage Insurance Company of North Carolina North Carolina 100% RMIC Corporation North Carolina 100% Old Republic Title Insurance Group, Inc. Delaware 100% ----------------------------------------------------- Old Republic National Title Holding Company Delaware 100% American Guaranty Holding Corp. Oklahoma 100% American First Title & Trust Company Oklahoma 100% American Guaranty Title Company Oklahoma 100% Canadian Valley Abstract Company Oklahoma 100% El Reno Abstract Company Oklahoma 100% Lenders Inspection Company Oklahoma 50% Asset Discovery, Inc. Massachusetts 100% Badger Abstract & Title Corporation Wisconsin 100% Central Florida Title Company Florida 100% Houston Title Company Texas 100% Old Republic Title Agency of Columbus, Inc. Ohio 90% Core Title Agency, Ltd. Ohio 51% Old Republic Title Company of Bell County Texas 100% Old Republic Title Company of Cleburne Texas 100% Old Republic Title Company of Conroe Texas 57% Old Republic Title Company of Fort Worth Texas 100% Old Republic Title Company of Indiana Indiana 100% Old Republic Title Company of Kansas City, Inc. Missouri 100% Old Republic Title Company of St. Louis, Inc. Missouri 100% Old Republic Title Company of Tennessee Tennessee 100% Old Republic Title Company of Utah Utah 100% The Title Company of North Carolina, Inc. North Carolina 100% Old Republic National Title Insurance Company Minnesota 100% Mississippi Valley Title Insurance Company Mississippi 100% Old Republic General Title Insurance Corporation Ohio 100% Old Republic Title Holding Company, Inc. California 100% Old Republic Exchange Facilitator Company California 100% Old Republic Title Company California 100% Old Republic Title Company of Nevada Nevada 100% Old Republic Title Corporation of Hawaii, Ltd. Hawaii 100% Old Republic Escrow Corporation Hawaii 100% Old Republic Title Insurance Agency, Inc. Arizona 100% Old Republic Title, Ltd. Delaware 100% Professional Real Estate Coordinators, Inc. California 100% 2 Exhibit (21) ------------ Subsidiaries of the registrant (As of December 31, 1997) - ---------------------------------------------------------------- Percentage of Voting Securities Owned by State of Immediate Name Organization Parent - ------------------------------------------------------- -------------- ------------ Old Republic Life Insurance Group, Inc. Delaware 100% ----------------------------------------------------- Old Republic Dealer Service Corporation Delaware 100% Old Republic Funding Services, Inc. Delaware 80% Old Republic Life Insurance Company Illinois 100% Old Republic Life Insurance Company of New York New York 100% Old Republic Life Reinsurance Group, Inc. Delaware 100% Home Owners Life Insurance Company Illinois 100% Old Republic Marketing, Inc. Illinois 100% ----------------------------------------------------- Owns minor non-consolidated subsidiaries & affiliates Various Various American Business & Personal Insurance Mutual, Inc. Delaware * ----------------------------------------------------- Inter Capital Group, Inc. Delaware 100% Inter Capital Company of Chicago Delaware 100% Inter Capital Leasing and Finance Corporation Delaware 100% Inter Capital Realty Corporation Delaware 100% Inter West Assurance Company, Ltd. Bermuda 100% * Owned by its policyholders 3