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

Reinsurance recoverable on paid losses and loss expenses at other companies

Axis Capital Holders logo
Axis Capital HoldersAXS
$581.95M+9.6%
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$5.6B-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:ReinsuranceRecoverablesOnPaidLosses.

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 paid losses and loss expenses?
MGIC Investment Corp. (MTG) reported reinsurance recoverable on paid losses and loss expenses of $3.9M in Q1 2026.
How has MGIC Investment Corp.'s reinsurance recoverable on paid losses and loss expenses changed year-over-year?
MGIC Investment Corp.'s reinsurance recoverable on paid losses and loss expenses increased by 111.0% year-over-year, from $1.85M to $3.9M.
What is the long-term trend for MGIC Investment Corp.'s reinsurance recoverable on paid losses and loss expenses?
Over 5 years (2020 to 2025), MGIC Investment Corp.'s reinsurance recoverable on paid losses and loss expenses has grown at a 45.7% compound annual growth rate (CAGR), from $669K to $4.39M.
What does reinsurance recoverable on paid losses and loss expenses mean?
This represents the amount of insurance claims already paid by the company that are currently due for reimbursement from reinsurers. It reflects the efficiency of the company's claims settlement process and the speed at which it collects from reinsurance partners. Delays in these collections can impact the company's short-term liquidity and working capital.