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MGIC Investment Corp. MTG Reinsurance recoverable on unpaid losses and loss expenses

Reinsurance recoverable on unpaid losses and loss expenses at other companies

Axis Capital Holders logo
Axis Capital HoldersAXS
$8.89B+28.0%
Arch Capital Group logo
Arch Capital GroupACGL
ESN
Essent GroupESNT
Reinsurance Group of America logo
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%

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:ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments.

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 reinsurance recoverable on unpaid losses and loss expenses?
MGIC Investment Corp. (MTG) reported reinsurance recoverable on unpaid losses and loss expenses of $73.18M in Q1 2026.
How has MGIC Investment Corp.'s reinsurance recoverable on unpaid losses and loss expenses changed year-over-year?
MGIC Investment Corp.'s reinsurance recoverable on unpaid losses and loss expenses increased by 41.1% year-over-year, from $51.86M to $73.18M.
What is the long-term trend for MGIC Investment Corp.'s reinsurance recoverable on unpaid losses and loss expenses?
Over 5 years (2020 to 2025), MGIC Investment Corp.'s reinsurance recoverable on unpaid losses and loss expenses has grown at a -7.3% compound annual growth rate (CAGR), from $95.04M to $65.06M.
What does reinsurance recoverable on unpaid losses and loss expenses mean?
This represents the portion of estimated future insurance claims and adjustment expenses that the company expects to recover from its reinsurers. It is a critical indicator of the company's risk transfer strategy and the creditworthiness of its reinsurance partners. High levels of recoverables highlight the company's reliance on third-party risk mitigation for long-term liabilities.