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NMI Holdings Inc. NMIH Reserve for insurance claims

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Segments

By product

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Financial Guarantee Insurance Product Line$196.43M+29.2%

Other financials

Income statement

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Revenue$183.5M+5.9%
Net income$99.3M-3.1%
EPS (diluted)$1.280.0%

Balance sheet

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Cash & equivalents$70.7M-4.8%
Total debt$8.5M-17.4%
Total equity$2.6B+13.4%
Total assets$3.9B+13.1%

Cash flow

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Operating cash flow$116.1M+14.8%
CapEx$1.1M-35.5%
Free cash flow$115.0M+15.6%

Valuation

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Market cap$2.92B+1.3%
P/E7.6×-0.1×
P/S4.1×-0.2×

Profitability

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Net margin53.8%-2.1pp
FCF margin59.7%+3.3pp

Returns & leverage

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Return on equity15.6%-1.8pp
Debt / equity0.0×

Where this comes from

Reported directly by NMI Holdings Inc. in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense.

The official record: NMI Holdings Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NMI Holdings Inc.'s reserve for insurance claims?
NMI Holdings Inc. (NMIH) reported reserve for insurance claims of $211.2M in Q1 2026.
How has NMI Holdings Inc.'s reserve for insurance claims changed year-over-year?
NMI Holdings Inc.'s reserve for insurance claims increased by 39.1% year-over-year, from $151.85M to $211.2M.
What is the long-term trend for NMI Holdings Inc.'s reserve for insurance claims?
Over 5 years (2020 to 2025), NMI Holdings Inc.'s reserve for insurance claims has grown at a 16.7% compound annual growth rate (CAGR), from $90.57M to $196.43M.
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 claims that have been incurred but not yet reported. It is a critical measure of the company's long-term financial health and the accuracy of its actuarial underwriting assumptions. Adequate reserving is essential to ensure the company can meet its future obligations to policyholders.