MGIC Investment Q3 2026 net income falls 8% year on year to $174.97 million

Bitget2026/11/04 21:33

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MGIC Investment reported third-quarter 2026 net income fell 8% year over year to $174.97 million.
Total revenues declined year over year to $299.08 million, while losses incurred, net, more than doubled to $23.94 million.
Primary delinquency inventory climbed 8% year over year to 27,814, while new insurance written rose to $17.1 billion.
Fourth-quarter reinsurance agreements cover eligible 2028 new insurance written at a 40% quota share and eligible 2029 business at 20%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MGIC Investment Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202611041606PR_NEWS_USPR_____CG89048) on November 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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MGIC Investment Q3 2026 net income falls 8% year on year to $174.97 million

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