This basic fact casts Old Republic as a risk-taking enterprise managed for the long run. Securities trading and the realization of capital gains are not primary objectives. The majority of the Company\'s direct premiums were written under monthly premium plans. See Note 1(c) to the accompanying Notes to Consolidated Financial Statements. With few exceptions, 2019 premiums grew for most types of coverages and markets served. c) "All other" includes non-investment grade or non-rated issuers. See "General Insurance Claim Reserves" herein. Primary insurers like the Company thus became fully exposed to such claims. TRIREA expired on December 31, 2007. This could adversely affect the Company's ability to operate its business. The activities of these independent title agents are governed by contract. In September 2019, the Company paid a special cash dividend of $1.00 per share. A majority of Old Republic\'s approximately 9,000 associates are working remotely. That is because their realization is, more often than not, highly discretionary. FINANCIAL HIGHLIGHTS% Change20202019Years Ended December 31:202020192018vs. c) See Note (a) in RFIG Run-off Results. ( General Insurance net premiums earned were down slightly for 2020. Consolidated claim costs developed favorably in the three most recent calendar years. Market value risk is limited through the purchase of bonds of intermediate maturity. Such premiums are written and earned in the month coverage is effective. In such cases, the Company considers any additional information supplied by the insured. See accompanying Notes to Consolidated Financial Statements. Accordingly, actual results could differ from those estimates. ( The Company evaluates the financial condition of its reinsurers on a regular basis. During 2015, the ESSOP purchased 2,200,000 shares of Old Republic common stock for $34.0. These purchases were financed by loans to the ESSOP from participating subsidiaries. The program deductible trigger was $200 for 2020. In addition, many of the subsidiaries also lease equipment for use in their businesses. Old Republic does not have a meaningful participation in personal insurance coverages. Their report is shown on page 96 in this Annual Report. 2 dated as of December 31, 1997 supplementing the Indenture. ( 7F3?\\G+I_V*+?\\ I:*]-KS)O^3ET_[%%O\\ TM% M\'IM%%% ! ^0\'=?]A74O\\ TNGKI*YOP#_R [K_ +"NI?\\ I=/724 %%%% M!1110 4444 %%%% ! 1110 4444 %%%% \'-_#?\\ MY$#P]_UXP_\\ H KI*YOX;_\\ (@\'O^O&\'_T 5TE ! M+_ /(U \'0T5SWV[Q5_T!=)_P#!M+_\\C4?;O%7_ $! \'C_PA9/_ (Y1_P -W0_]$ ^/\'_A" MR?\\ QR@#Z@HKY?\\ ^&[H?^B ? 25%+?LU_M*1?M M6WBBQOO#%[X*\\7^%;_\\ L[6M!O;A+@V\\I!*E)D^612 ._ /A[2]&U;:-0L+73HDANMH(7S% PV,GKZT ?