TEXT-Fitch puts Old Republic International watch positive

May 23 - Fitch Ratings has placed the ratings of Old Republic International Corporation's (ORI) and its insurance company subsidiaries on Rating Watch Positive. The ratings were previously on Rating Watch Negative, where they had been placed on Jan. 25, 2012. A complete list of ratings is provided at the end of this release. The Rating Watch reflects ORI's recently announced plan to spin off of its wholly owned subsidiary, Republic Financial Indemnity Group, Inc. (RFIG). RFIG combines ORI's m