Segment information

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Segment information

Segment information. The Company has three reportable operating segments: the title segment, the real estate solutions segment, and the corporate and other segment. The title segment provides services needed to transfer title to property in a real estate transaction and includes services such as searching, abstracting, examining, closing and insuring the condition of the title to the property. In addition, the title segment includes home and personal insurance services, Internal Revenue Code Section 1031 tax-deferred exchanges, and digital customer engagement platform services. The real estate solutions segment supports the real estate industry and primarily includes credit and real estate information services, valuation management services, online notarization and closing services, and search services. The corporate and other segment is primarily comprised of the parent holding company and centralized support services departments.

Selected statement of operations information related to these segments is as follows:

		Three Months Ended   March 31,
		2024	2023
	($000 omitted)
Title segment:
Revenues		471,352	461,645
Depreciation and amortization		8,729	8,104
Income (loss) before taxes and noncontrolling interest		10,181	(664)
Real estate solutions segment:
Revenues		83,041	62,625
Depreciation and amortization		6,275	6,300
Income before taxes		6,732	1,366
Corporate and other segment:
Revenues (net realized losses)		(78)	35
Depreciation and amortization		380	502
Loss before taxes		(9,767)	(10,858)
Consolidated Stewart:
Revenues		554,315	524,305
Depreciation and amortization		15,384	14,906
Income (loss) before taxes and noncontrolling interest		7,146	(10,156)

The Company does not provide asset information by reportable operating segment as it does not routinely evaluate the asset position by segment.

Total revenues generated in the United States and all international operations are as follows:

		Three Months Ended   March 31,
		2024	2023
	($000 omitted)
United States		525,022	497,531
International		29,293	26,774
		554,315	524,305