Strong Title Segment Performance
The Title segment delivered an adjusted pretax title earnings of $211 million and achieved an industry-leading adjusted pretax title margin of 11.7% for the first quarter, an increase of 100 basis points over the prior year quarter.
Commercial Revenue Growth
Direct commercial revenue reached $293 million in the first quarter, up 23% over the first quarter of 2024. National daily orders opened were up 19% over the first quarter of 2024.
F&G Assets Under Management Growth
F&G's assets under management reached $67.4 billion at March 31, up 16% over the prior year quarter.
Continued Investment in Technology and AI
Investments in technology have led to operational efficiencies, with a focus on AI to increase efficiency and productivity.
Share Repurchase Activity
During the first quarter, FNF repurchased 390,000 shares at an average price of $63.42 per share for a total of $25 million.