MGIC Investment Corporation publishes 2025 annual report reporting USD 738.3 million net income
MGIC Investment Corporation MTG | 26.52 | +0.99% |
- MGIC reported continued focus on private mortgage insurance and related mortgage credit risk management services, operating through subsidiaries including Mortgage Guaranty Insurance.
- New insurance written totaled USD 60.2 billion, and primary insurance in force reached USD 303.1 billion.
- Management said capital was returned to shareholders via dividends and share repurchases, and outstanding shares were reduced by about 12%.
- Reinsurance coverage was expanded through additional quota share and excess-of-loss arrangements, including an excess-of-loss transaction providing up to USD 184 million of coverage on eligible new insurance written in 2026.
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