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MGIC Investment Corp. MTG Reserve for insurance claims

Reserve for insurance claims at other companies

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Radian GroupRDN
$1.82B+386%
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Arch Capital GroupACGL
$34.11B+10.2%
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$485.67M+36.2%
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Enact Holdings, Inc.ACT
$590.39M+8.8%
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Axis Capital HoldersAXS
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Reinsurance Group of AmericaRGA

Other financials

Income statement

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Revenue$297.1M-3.0%
Net income$165.3M-10.9%
EPS (diluted)$0.76+1.3%

Balance sheet

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Cash & equivalents$235.1M+13.6%
Total debt$155.0M
Total equity$5.0B-2.0%
Total assets$6.4B-1.8%

Cash flow

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Operating cash flow$76.9M-65.6%
CapEx$184.0K+47.2%
Free cash flow$76.7M-65.7%

Valuation

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Market cap$5.51B-6.1%
P/E7.7×+0.1×
P/S4.6×-0.2×

Profitability

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Net margin59.6%-3.9pp
FCF margin58.5%-3.5pp

Returns & leverage

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Return on equity14.1%-1.0pp
Debt / equity

Where this comes from

Reported directly by MGIC Investment Corp. in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense.

The official record: MGIC Investment Corp.’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MGIC Investment Corp.'s reserve for insurance claims?
MGIC Investment Corp. (MTG) reported reserve for insurance claims of $499.12M in Q1 2026.
How has MGIC Investment Corp.'s reserve for insurance claims changed year-over-year?
MGIC Investment Corp.'s reserve for insurance claims increased by 7.3% year-over-year, from $465.03M to $499.12M.
What is the long-term trend for MGIC Investment Corp.'s reserve for insurance claims?
Over 5 years (2020 to 2025), MGIC Investment Corp.'s reserve for insurance claims has grown at a -11.6% compound annual growth rate (CAGR), from $880.54M to $474.88M.
What does reserve for insurance claims mean?
This represents the estimated liability for insurance claims that have been reported but not yet paid, as well as an estimate for claims that have been incurred but not yet reported. It is the most significant liability for an insurance company and reflects the actuarial assessment of future loss obligations. Changes in these reserves directly impact the company's profitability and capital adequacy.