MGIC Investment Q3 2026 net income falls 8% to $174.97 million
MTG•MGIC Investment reported third-quarter 2026 net income fell 8% year over year to $174.97 million. Revenue declined to $299.08 million, while losses incurred more than doubled to $23.94 million.
1. Quarterly results
MGIC Investment reported third-quarter 2026 net income fell 8% year over year to $174.97 million. Total revenues declined to $299.08 million, while losses incurred, net, more than doubled to $23.94 million.
2. Insurance activity
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%.
