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MGIC Investment Corporation — Third Quarter 2026 Earnings Summary

MGIC Investment Corporation reported third-quarter 2026 net income of $175.0 million, or $0.85 per diluted share, alongside adjusted net operating income of $174.7 million. The company wrote $17.1 billion in new insurance during the quarter, bringing its total insurance in force to $307.3 billion, while the loss ratio increased to 10.0% compared to 4.5% in the prior year period. MGIC repurchased 5.1 million shares for $152.5 million and paid a quarterly dividend of $0.17 per share. Additionally, the company executed reinsurance transactions to cover eligible new insurance written in 2027 and amended terms on existing quota share agreements.

Company
MGIC INVESTMENT CORP
Sector
Financial Services
Industry
Insurance - Specialty