Old Republic International's CEO Presents At Partial Leveraged Buyout And Planned Spin-Off Of Its RFIG Subsidiary's Stock To ORI Shareholders Conference (Transcript)

Old Republic International Corporation (ORI)

Partial Leveraged Buyout and Planned Spin-Off of its RFIG Subsidiary’s Stock to ORI Shareholders Conference Call

May 22, 2012 11:00 am ET


Scott Eckstein – Investor Relations

Aldo C. Zucaro – Chairman and Chief Executive Officer

Christopher S. Nard – President and Chief Operating Officer


Jim Ryan – Morningstar

Geoffrey Dunn – Dowling & Partners Securities, LLC

Tom Reynolds – Perkins

William Laemmel – Divine Capital Markets

Thomas Kahn – Kahn Brothers & Co.

Geoff Dancey – Cutler Capital Management

Alan Zimmerman – Macquarie Research Equities

Jim Agah – Millennium Partners

Matthew Howlett – Macquarie Research Equities

Darius Brawn – SAC Capital Advisors



Please standby. Good day ladies and gentlemen thank you for standing by and welcome to the Old Republic International update conference call. Today’s call is being recorded. At this time all participants are in a listen-only mode. Following today’s presentation we will conduct a question-and-answer session and instructions will be provided at that time for you to queue up for questions. I would like to remind everyone that this conference is being recorded and would now like to turn the conference over to Scott Eckstein of the Financial Relations Board. Please go ahead sir.

Scott Eckstein

Thank you, operator. Good morning everyone and thank you for joining us today for Old Republic’s conference call to discuss its news release. Yesterday afternoon we distributed a copy of the press release. If there is anyone online who did not receive a copy you can access it at Old Republic’s website, which is www.oldrepublic.com. Please be advised that this call may involve forward-looking statements as discussed in the press release dated May 21, 2012. Risks associated with these statements can be found in the company’s latest SEC filings.

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