Articles Tagged with ''MGIC Investment Corp.''

MGIC net income grew 23% in Q1 2017

Company CEO says new insurance drop expected
MGIC saw an increase of nearly 23% in the first quarter of 2017. New insurance written saw losses of nearly 30% from the last quarter, however it is still up from last year, and the company CEO explained this drop was expected.
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MGIC rises to a 4Q profit of $1.4M

Reaches positive net income after reporting a steep loss one year ago
Mortgage insurer MGIC returns to profitability after steep losses in late 2012. For the entire year, the company recorded a net loss of $49.8 million, which is significantly improved from a loss of $927.1 million in 4Q of 2012.
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