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MGIC Investment Corp. MTG Other underwriting expenses

Other underwriting expenses at other companies

Selective Insurance Group logo
Selective Insurance GroupSIGI
$134.68M+7.9%
MGIC Investment Corp. logo
MGIC Investment Corp.MTG
$46.88M-8.8%
ESN
Essent GroupESNT
$30.52M-0.3%
ESN
Essent GroupESNT
$72.98M+2.6%
Primerica logo
PrimericaPRI
$66.57M+2.7%
Everest Group logo
Everest GroupEG
$216M-9.2%

Segments

By segment

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Mortgage Insurance Segment$46.88M-8.8%

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%

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:OtherUnderwritingExpense.

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 other underwriting expenses?
MGIC Investment Corp. (MTG) reported other underwriting expenses of $46.88M in Q1 2026.
How has MGIC Investment Corp.'s other underwriting expenses changed year-over-year?
MGIC Investment Corp.'s other underwriting expenses decreased by 8.8% year-over-year, from $51.41M to $46.88M.
What is the long-term trend for MGIC Investment Corp.'s other underwriting expenses?
Over 4 years (2021 to 2025), MGIC Investment Corp.'s other underwriting expenses has grown at a -0.6% compound annual growth rate (CAGR), from $198.45M to $193.47M.
What does other underwriting expenses mean?
This metric represents the operational costs incurred by an insurance company to conduct its underwriting activities, excluding direct claims and policy acquisition costs. It encompasses administrative overhead, personnel expenses, and technology costs required to evaluate risk and manage insurance policies. Monitoring this figure helps investors assess the company's operational efficiency and its ability to manage fixed costs relative to its premium volume.