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MGIC Investment Corp. MTG Deferred Policy Acquisition Costs, Amortization Expense
Deferred Policy Acquisition Costs, Amortization Expense at other companies
Other financials
Where this comes from
Reported directly by MGIC Investment Corp. in its filing.
Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense.
The source filing: MGIC Investment Corp.’s 10-Q, filed July 29, 2026.
- Filed
- Jul 29, 2026, 4:33 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000876437-26-000028
| (In thousands, except per share data) | Note | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|---|
| Total Revenues | 295,388 | 304,245 | 592,465 | 610,479 | |
| Losses and Expenses: | |||||
| Losses incurred, net | 8 | 10,986 | (2,835) | 44,228 | 6,756 |
| Amortization of deferred insurance policy acquisition costs | 1,297 | 1,738 | 2,521 | 3,395 | |
| Other underwriting and operating expenses, net | 14 | 44,278 | 50,354 | 91,162 | 101,760 |
| Interest expense | 8,899 | 8,899 | 17,798 | 17,798 | |
| Total Losses and Expenses | 65,460 | 58,156 | 155,709 | 129,709 | |
| Income before tax | 229,928 | 246,089 | 436,756 | 480,770 |
Item 1. Financial Statements
FAQ
- What is MGIC Investment Corp.'s deferred policy acquisition costs, amortization expense?
- MGIC Investment Corp. (MTG) reported deferred policy acquisition costs, amortization expense of $1.3M in Q2 2026.
- How has MGIC Investment Corp.'s deferred policy acquisition costs, amortization expense changed year-over-year?
- MGIC Investment Corp.'s deferred policy acquisition costs, amortization expense decreased by 25.4% year-over-year, from $1.74M to $1.3M.
- What is the long-term trend for MGIC Investment Corp.'s deferred policy acquisition costs, amortization expense?
- Over 4 years (2021 to 2025), MGIC Investment Corp.'s deferred policy acquisition costs, amortization expense has grown at a -13.3% compound annual growth rate (CAGR), from $12.6M to $7.12M.
- What does deferred policy acquisition costs, amortization expense mean?
- The periodic expense recognized for the amortization of costs directly associated with acquiring new insurance policies, such as commissions and underwriting expenses. It reflects the systematic allocation of acquisition costs over the life of the insurance contracts.
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