$MTG
MGIC INVESTMENT CORP Stock $mtg

$mtg Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000087643723000073 Filed on October 31, 2023

Income Statement

Concept	2023 Q4	2023 Q3	2022 Q3
Revenue	$284.0M	$296.5M	$292.8M
YoY Change	-2.84%	1.27%	-1.0%
Cost Of Revenue		-$77.00K	-$105.1M
YoY Change		-99.93%
Gross Profit		$296.6M	$397.9M
YoY Change		-25.45%
Gross Profit Margin		100.03%	135.88%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$6.230M	$2.802M	$3.179M
YoY Change	-45.48%	-11.86%	-3.52%
% of Gross Profit		0.94%	0.8%
Operating Expenses	$45.21M	$52.90M	-$43.40M
YoY Change	6.71%	-221.89%	-155.64%
Operating Profit		$243.7M	$441.3M
YoY Change		-44.77%
Interest Expense	-$8.900M	-$9.300M	-$10.30M
YoY Change	-5.13%	-9.71%	-42.81%
% of Operating Profit		-3.82%	-2.33%
Other Income/Expense, Net
YoY Change
Pretax Income	$229.8M	$234.4M	$314.3M
YoY Change	-4.4%	-25.42%	57.34%
Income Tax	$45.34M	$51.55M	$64.64M
% Of Pretax Income	19.73%	21.99%	20.57%
Net Earnings	$184.5M	$182.8M	$249.6M
YoY Change	-3.62%	-26.75%	58.01%
Net Earnings / Revenue	64.98%	61.67%	85.25%
Basic Earnings Per Share		$0.65	$0.82
Diluted Earnings Per Share	$0.66	$0.64	$0.81
COMMON SHARES
Basic Shares Outstanding	277.3M shares	282.3M shares	303.4M shares
Diluted Shares Outstanding		285.6M shares	307.2M shares

Balance Sheet

Concept	2023 Q4	2023 Q3	2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$363.7M	$266.5M	$242.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$38.76M	$39.38M	$44.21M
YoY Change	-6.43%	-10.92%	-2.42%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$5.739B	$5.596B	$5.416B
YoY Change	5.79%	3.33%	-21.7%
Other Assets	$86.76M	$141.0M	$130.0M
YoY Change	-33.41%	8.46%	1270.48%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$6.538B	$6.332B	$6.154B
YoY Change	5.22%	2.89%	-18.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt	$643.2M	$643.0M	$662.7M
YoY Change	-2.96%	-2.97%	-46.77%
Other Long-Term Liabilities	$160.0M	$144.0M	$140.1M
YoY Change	3.25%	2.79%	-29.84%
Total Long-Term Liabilities	$803.2M	$787.0M	$802.8M
YoY Change	-1.78%	-1.96%	-44.43%
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities	$803.2M	$787.0M	$802.8M
Total Liabilities	$1.466B	$1.477B	$1.614B
YoY Change	-6.66%	-8.49%	-38.72%
SHAREHOLDERS EQUITY
Retained Earnings	$4.593B	$4.441B	$3.843B
YoY Change	14.7%	15.56%	23.85%
Common Stock	$2.179B	$2.171B	$2.163B
YoY Change	0.43%	0.35%	0.1%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$1.384B	$1.260B	$970.9M
YoY Change	31.81%	29.82%	81.66%
Treasury Stock Shares			71.88M shares
Shareholders Equity	$5.072B	$4.855B	$4.540B
YoY Change
Total Liabilities & Shareholders Equity	$6.538B	$6.332B	$6.154B
YoY Change	5.22%	2.89%	-18.07%

Cashflow Statement

Concept	2023 Q4	2023 Q3	2022 Q3
OPERATING ACTIVITIES
Net Income	$184.5M	$182.8M	$249.6M
YoY Change	-3.62%	-26.75%	58.01%
Depreciation, Depletion And Amortization	$6.230M	$2.802M	$3.179M
YoY Change	-45.48%	-11.86%	-3.52%
Cash From Operating Activities	$186.3M	$169.8M	$122.1M
YoY Change	12.06%	39.05%	-25.08%
INVESTING ACTIVITIES
Capital Expenditures	$499.0K	$800.0K	-$256.0K
YoY Change	-41.43%	-412.5%	-73.96%
Acquisitions
YoY Change
Other Investing Activities	$62.11M	-$82.90M	$91.63M
YoY Change	104.47%	-190.47%	802.6%
Cash From Investing Activities	$61.61M	-$83.80M	$91.38M
YoY Change	108.68%	-191.71%	896.58%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-152.2M	-127.7M	-383.0M
YoY Change	35.22%	-66.66%	116.14%
NET CHANGE
Cash From Operating Activities	186.3M	169.8M	122.1M
Cash From Investing Activities	61.61M	-83.80M	91.38M
Cash From Financing Activities	-152.2M	-127.7M	-383.0M
Net Change In Cash	95.63M	-41.70M	-169.5M
YoY Change	15.0%	-75.4%	3262.49%
FREE CASH FLOW
Cash From Operating Activities	$186.3M	$169.8M	$122.1M
Capital Expenditures	$499.0K	$800.0K	-$256.0K
Free Cash Flow	$185.8M	$169.0M	$122.4M
YoY Change	12.33%	38.11%	-25.37%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q3	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	6130009000	usd
CY2022Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	5926785000	usd
CY2023Q3	us-gaap	Equity Securities Fv Ni Cost EquitySecuritiesFvNiCost	15998000	usd
CY2023Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1000000000	shares
CY2023Q3	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	5581537000	usd
CY2022Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	5409698000	usd
CY2023Q3	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	13949000	usd
CY2023Q3	us-gaap	Other Investments OtherInvestments	850000	usd
CY2023Q3	us-gaap	Investments Investments	5596336000	usd
CY2023Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	266543000	usd
CY2023Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	8582000	usd
CY2023Q3	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	58499000	usd
CY2023Q3	us-gaap	Reinsurance Recoverable For Unpaid Claims And Claims Adjustments ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments	40934000	usd
CY2023Q3	us-gaap	Reinsurance Recoverables On Paid Losses ReinsuranceRecoverablesOnPaidLosses	265000	usd
CY2023Q3	us-gaap	Premiums Receivable At Carrying Value PremiumsReceivableAtCarryingValue	57606000	usd
CY2023Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	39379000	usd
CY2023Q3	us-gaap	Deferred Policy Acquisition Costs DeferredPolicyAcquisitionCosts	15905000	usd
CY2023Q3	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	132030000	usd
CY2023Q3	us-gaap	Other Assets OtherAssets	115600000	usd
CY2023Q3	us-gaap	Assets Assets	6331679000	usd
CY2023Q3	us-gaap	Liability For Claims And Claims Adjustment Expense Property Casualty Liability LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability	525528000	usd
CY2022Q4	us-gaap	Liability For Claims And Claims Adjustment Expense Property Casualty Liability LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability	557988000	usd
CY2023Q3	us-gaap	Unearned Premiums UnearnedPremiums	165093000	usd
CY2023Q3	us-gaap	Senior Notes SeniorNotes	642828000	usd
CY2023Q3	us-gaap	Convertible Subordinated Debt ConvertibleSubordinatedDebt	0	usd
CY2023Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	371353000	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	371353000	shares
CY2023Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	279475000	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	293433000	shares
CY2023Q3	us-gaap	Common Stock Value CommonStockValue	371353000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	371353000	usd
CY2023Q3	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	91878000	shares
CY2022Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	77920000	shares
CY2023Q3	us-gaap	Treasury Stock Value TreasuryStockValue	1260422000	usd
CY2023Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	6331679000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	6213793000	usd
CY2023Q3	us-gaap	Direct Premiums Written DirectPremiumsWritten	280885000	usd
CY2023Q3	us-gaap	Ceded Premiums Written CededPremiumsWritten	50164000	usd
CY2023Q3	us-gaap	Premiums Written Net PremiumsWrittenNet	234491000	usd
CY2023Q3	us-gaap	Increase Decrease In Unearned Premiums Net IncreaseDecreaseInUnearnedPremiumsNet	6786000	usd
CY2023Q3	us-gaap	Premiums Earned Net PremiumsEarnedNet	241277000	usd
CY2023Q3	us-gaap	Net Investment Income NetInvestmentIncome	55375000	usd
CY2023Q3	us-gaap	Other Income OtherIncome	548000	usd
CY2023Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2022Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-11632000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-40130000	usd
CY2022Q3	us-gaap	Interest Expense Debt InterestExpenseDebt	10300000	usd
	us-gaap	Interest Expense Debt InterestExpenseDebt	28005000	usd
	us-gaap	Interest Expense Debt InterestExpenseDebt	38673000	usd
CY2022Q3	us-gaap	Benefits Losses And Expenses BenefitsLossesAndExpenses	-21468000	usd
	us-gaap	Benefits Losses And Expenses BenefitsLossesAndExpenses	198763000	usd
	us-gaap	Benefits Losses And Expenses BenefitsLossesAndExpenses	30934000	usd
CY2022Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	314267000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	672382000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	849597000	usd
CY2022Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	64642000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	143937000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	175691000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	249625000	usd
	us-gaap	Net Income Loss NetIncomeLoss	528445000	usd
	us-gaap	Net Income Loss NetIncomeLoss	673906000	usd
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.82
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.85
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.18
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.81
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.83
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	286184000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	309097000	shares
	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	15289000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-615222000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	58684000	usd
	us-gaap	Net Income Loss NetIncomeLoss	673906000	usd
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.18
CY2022Q4	us-gaap	Equity Securities Fv Ni Cost EquitySecuritiesFvNiCost	15924000	usd
CY2023Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	1
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	1
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1000000000	shares
CY2022Q4	us-gaap	Convertible Subordinated Debt ConvertibleSubordinatedDebt	21086000	usd
CY2023Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1799624000	usd
CY2022Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1798842000	usd
CY2022Q4	us-gaap	Treasury Stock Value TreasuryStockValue	1050238000	usd
CY2023Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-496895000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-481511000	usd
CY2023Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	4441045000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	4004294000	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	4854705000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	4642740000	usd
CY2023Q3	mtg	Net Gains Losses On Investments And Other Financial Instruments NetGainsLossesOnInvestmentsAndOtherFinancialInstruments	-695000	usd
CY2023Q3	us-gaap	Revenues Revenues	296505000	usd
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.15
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	302622000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	307194000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	289924000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	315029000	shares
	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	-599933000	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	4540061000	usd
	us-gaap	Net Income Loss NetIncomeLoss	673906000	usd
	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	42826000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1900000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	17674000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-40130000	usd
	mtg	Net Gains Losses On Investments And Other Financial Instruments NetGainsLossesOnInvestmentsAndOtherFinancialInstruments	-13380000	usd
	mtg	Net Gains Losses On Investments And Other Financial Instruments NetGainsLossesOnInvestmentsAndOtherFinancialInstruments	-8776000	usd
	us-gaap	Increase Decrease In Accrued Investment Income Receivable IncreaseDecreaseInAccruedInvestmentIncomeReceivable	3321000	usd
	us-gaap	Increase Decrease In Accrued Investment Income Receivable IncreaseDecreaseInAccruedInvestmentIncomeReceivable	965000	usd
	us-gaap	Increase Decrease In Reinsurance Recoverable IncreaseDecreaseInReinsuranceRecoverable	12694000	usd
	us-gaap	Increase Decrease In Reinsurance Recoverable IncreaseDecreaseInReinsuranceRecoverable	-20521000	usd
	mtg	Increase Decrease In Reinsurance Recoverable On Paid Losses IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses	17816000	usd
	mtg	Increase Decrease In Reinsurance Recoverable On Paid Losses IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses	36061000	usd
	us-gaap	Increase Decrease In Premiums Receivable IncreaseDecreaseInPremiumsReceivable	-394000	usd
	us-gaap	Increase Decrease In Premiums Receivable IncreaseDecreaseInPremiumsReceivable	1114000	usd
	us-gaap	Increase Decrease In Deferred Policy Acquisition Costs IncreaseDecreaseInDeferredPolicyAcquisitionCosts	-3157000	usd
	us-gaap	Increase Decrease In Deferred Policy Acquisition Costs IncreaseDecreaseInDeferredPolicyAcquisitionCosts	-1696000	usd
	mtg	Increase Decrease In Profit Commission Receivable IncreaseDecreaseInProfitCommissionReceivable	-10337000	usd
	mtg	Increase Decrease In Profit Commission Receivable IncreaseDecreaseInProfitCommissionReceivable	1497000	usd
	us-gaap	Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve	-32460000	usd
	us-gaap	Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve	-280152000	usd
	us-gaap	Increase Decrease In Unearned Premiums IncreaseDecreaseInUnearnedPremiums	-30196000	usd
	us-gaap	Increase Decrease In Unearned Premiums IncreaseDecreaseInUnearnedPremiums	-33755000	usd
	us-gaap	Increase Decrease In Other Insurance Liabilities IncreaseDecreaseInOtherInsuranceLiabilities	-5900000	usd
	us-gaap	Increase Decrease In Other Insurance Liabilities IncreaseDecreaseInOtherInsuranceLiabilities	-9200000	usd
	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	-2130000	usd
	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	3140000	usd
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	9033000	usd
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	36154000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	526716000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	483793000	usd
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	1220219000	usd
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	544224000	usd
	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	294202000	usd
	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	391394000	usd
	mtg	Proceeds From Maturity Of Fixed Income Securities ProceedsFromMaturityOfFixedIncomeSecurities	686552000	usd
	mtg	Proceeds From Maturity Of Fixed Income Securities ProceedsFromMaturityOfFixedIncomeSecurities	536194000	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	166000	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1455000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2402000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-240754000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	380962000	usd
	us-gaap	Early Repayment Of Subordinated Debt EarlyRepaymentOfSubordinatedDebt	28637000	usd
	us-gaap	Early Repayment Of Subordinated Debt EarlyRepaymentOfSubordinatedDebt	88908000	usd
	us-gaap	Repayments Of Senior Debt RepaymentsOfSeniorDebt	242296000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	216693000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	91174000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	81288000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	7246000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	9958000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-343750000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-919955000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-57788000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-55200000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	332913000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	304958000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	275125000	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	249758000	usd
CY2023Q3	us-gaap	Long Term Debt LongTermDebt	642828000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	662810000	usd
CY2023Q3	mtg	Dilutive Securities Reduction In Potentially Dilutive Shares Due To Debt Extinguishment DilutiveSecuritiesReductionInPotentiallyDilutiveSharesDueToDebtExtinguishment	1600000	shares
	us-gaap	Interest Paid InterestPaid	35100000	usd
	us-gaap	Interest Paid InterestPaid	52700000	usd
CY2023Q3	us-gaap	Direct Premiums Earned DirectPremiumsEarned	287640000	usd
CY2022Q3	us-gaap	Direct Premiums Earned DirectPremiumsEarned	289072000	usd
	us-gaap	Direct Premiums Earned DirectPremiumsEarned	858310000	usd
	us-gaap	Direct Premiums Earned DirectPremiumsEarned	864191000	usd
CY2023Q3	us-gaap	Assumed Premiums Earned AssumedPremiumsEarned	3801000	usd
CY2022Q3	us-gaap	Assumed Premiums Earned AssumedPremiumsEarned	2254000	usd
	us-gaap	Assumed Premiums Earned AssumedPremiumsEarned	9635000	usd
	us-gaap	Assumed Premiums Earned AssumedPremiumsEarned	6501000	usd
CY2023Q3	us-gaap	Ceded Premiums Earned CededPremiumsEarned	50164000	usd
CY2022Q3	us-gaap	Ceded Premiums Earned CededPremiumsEarned	39215000	usd
	us-gaap	Ceded Premiums Earned CededPremiumsEarned	141842000	usd
	us-gaap	Ceded Premiums Earned CededPremiumsEarned	107644000	usd
CY2023Q3	us-gaap	Premiums Earned Net PremiumsEarnedNet	241277000	usd
CY2022Q3	us-gaap	Premiums Earned Net PremiumsEarnedNet	252111000	usd
	us-gaap	Premiums Earned Net PremiumsEarnedNet	726103000	usd
	us-gaap	Premiums Earned Net PremiumsEarnedNet	763048000	usd
CY2023Q3	us-gaap	Policyholder Benefits And Claims Incurred Gross PolicyholderBenefitsAndClaimsIncurredGross	6627000	usd
CY2022Q3	us-gaap	Policyholder Benefits And Claims Incurred Gross PolicyholderBenefitsAndClaimsIncurredGross	-112435000	usd
	us-gaap	Policyholder Benefits And Claims Incurred Gross PolicyholderBenefitsAndClaimsIncurredGross	2044000	usd
	us-gaap	Policyholder Benefits And Claims Incurred Gross PolicyholderBenefitsAndClaimsIncurredGross	-242861000	usd
CY2023Q3	us-gaap	Reinsurance Effect On Claims And Benefits Incurred Amount Assumed ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountAssumed	20000	usd
CY2022Q3	us-gaap	Reinsurance Effect On Claims And Benefits Incurred Amount Assumed ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountAssumed	21000	usd
	us-gaap	Reinsurance Effect On Claims And Benefits Incurred Amount Assumed ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountAssumed	-7000	usd
	us-gaap	Reinsurance Effect On Claims And Benefits Incurred Amount Assumed ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountAssumed	-340000	usd
CY2023Q3	us-gaap	Policyholder Benefits And Claims Incurred Net PolicyholderBenefitsAndClaimsIncurredNet	-77000	usd
CY2022Q3	us-gaap	Policyholder Benefits And Claims Incurred Net PolicyholderBenefitsAndClaimsIncurredNet	-105054000	usd
	us-gaap	Policyholder Benefits And Claims Incurred Net PolicyholderBenefitsAndClaimsIncurredNet	-11322000	usd
	us-gaap	Policyholder Benefits And Claims Incurred Net PolicyholderBenefitsAndClaimsIncurredNet	-223426000	usd
	us-gaap	Net Income Loss NetIncomeLoss	673906000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	676757000	usd
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	309097000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	315029000	shares
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.15
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2023Q3	us-gaap	Short Term Investments ShortTermInvestments	177400000	usd
CY2022Q4	us-gaap	Short Term Investments ShortTermInvestments	67000000	usd
CY2023Q3	us-gaap	Assets Held By Insurance Regulators AssetsHeldByInsuranceRegulators	11500000	usd
CY2022Q4	us-gaap	Assets Held By Insurance Regulators AssetsHeldByInsuranceRegulators	11800000	usd
CY2023Q3	us-gaap	Assets Held In Trust AssetsHeldInTrust	143800000	usd
CY2022Q4	us-gaap	Assets Held In Trust AssetsHeldInTrust	128400000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Maturities Within One Year Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost	667446000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	659512000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost	1543417000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	1458444000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost	1805365000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue	1617227000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Maturities After Ten Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost	1003052000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Maturities After Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue	800405000	usd
CY2023Q3	mtg	Available For Sale Securities Debt Maturities With Single Maturity Date Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithSingleMaturityDateAmortizedCost	5019280000	usd
CY2023Q3	mtg	Available For Sale Securities Debt Maturities With Single Maturity Date Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithSingleMaturityDateFairValue	4535588000	usd
CY2023Q3	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	6130009000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	5581537000	usd
CY2023Q3	us-gaap	Equity Securities Fv Ni Cost EquitySecuritiesFvNiCost	15998000	usd
	us-gaap	Equity Securities Fv Ni Unrealized Gain EquitySecuritiesFvNiUnrealizedGain	0	usd
	us-gaap	Equity Securities Fv Ni Unrealized Loss EquitySecuritiesFvNiUnrealizedLoss	2049000	usd
CY2023Q3	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	13949000	usd
CY2022Q4	us-gaap	Equity Securities Fv Ni Cost EquitySecuritiesFvNiCost	15924000	usd
CY2022	us-gaap	Equity Securities Fv Ni Unrealized Gain EquitySecuritiesFvNiUnrealizedGain	0	usd
CY2022	us-gaap	Equity Securities Fv Ni Unrealized Loss EquitySecuritiesFvNiUnrealizedLoss	1784000	usd
CY2022Q4	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	14140000	usd
CY2022Q3	us-gaap	Debt Securities Available For Sale Realized Gain DebtSecuritiesAvailableForSaleRealizedGain	1667000	usd
	us-gaap	Debt Securities Available For Sale Realized Gain DebtSecuritiesAvailableForSaleRealizedGain	2747000	usd
	us-gaap	Debt Securities Available For Sale Realized Gain DebtSecuritiesAvailableForSaleRealizedGain	6788000	usd
CY2022Q3	us-gaap	Debt Securities Available For Sale Realized Loss DebtSecuritiesAvailableForSaleRealizedLoss	7040000	usd
	us-gaap	Debt Securities Available For Sale Realized Loss DebtSecuritiesAvailableForSaleRealizedLoss	13362000	usd
	us-gaap	Debt Securities Available For Sale Realized Loss DebtSecuritiesAvailableForSaleRealizedLoss	12790000	usd
CY2023Q3	us-gaap	Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings	0	usd
CY2022Q3	us-gaap	Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings	1415000	usd
	us-gaap	Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings	0	usd
	us-gaap	Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings	1415000	usd
CY2023Q3	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	-462000	usd
CY2022Q3	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	-617000	usd
	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	-266000	usd
	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	-2351000	usd
CY2023Q3	us-gaap	Embedded Derivative Gain Loss On Embedded Derivative Net EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet	-7000	usd
CY2022Q3	us-gaap	Embedded Derivative Gain Loss On Embedded Derivative Net EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet	4199000	usd
	us-gaap	Embedded Derivative Gain Loss On Embedded Derivative Net EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet	-2486000	usd
	us-gaap	Embedded Derivative Gain Loss On Embedded Derivative Net EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet	983000	usd
CY2023Q3	us-gaap	Gain Loss On Sale Of Other Investments GainLossOnSaleOfOtherInvestments	-4000	usd
CY2022Q3	us-gaap	Gain Loss On Sale Of Other Investments GainLossOnSaleOfOtherInvestments	-66000	usd
	us-gaap	Gain Loss On Sale Of Other Investments GainLossOnSaleOfOtherInvestments	-4000	usd
	us-gaap	Gain Loss On Sale Of Other Investments GainLossOnSaleOfOtherInvestments	-18000	usd
CY2023Q3	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	11000	usd
CY2022Q3	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	14000	usd
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-9000	usd
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	27000	usd
CY2023Q3	mtg	Net Gains Losses On Investments And Other Financial Instruments NetGainsLossesOnInvestmentsAndOtherFinancialInstruments	-695000	usd
CY2022Q3	mtg	Net Gains Losses On Investments And Other Financial Instruments NetGainsLossesOnInvestmentsAndOtherFinancialInstruments	-3258000	usd
	mtg	Net Gains Losses On Investments And Other Financial Instruments NetGainsLossesOnInvestmentsAndOtherFinancialInstruments	-13380000	usd
	mtg	Net Gains Losses On Investments And Other Financial Instruments NetGainsLossesOnInvestmentsAndOtherFinancialInstruments	-8776000	usd
CY2023Q3	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	24434000	usd
CY2022Q3	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	125186000	usd
	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	293392000	usd
	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	388740000	usd
CY2023Q3	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	1562347000	usd
CY2023Q3	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	37684000	usd
CY2023Q3	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	3914277000	usd
CY2023Q3	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	512617000	usd
CY2023Q3	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	5476624000	usd
CY2023Q3	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	550301000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	3411256000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	298637000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	1592040000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	224403000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	5003296000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	523040000	usd
CY2023Q3	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Number Of Positions DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions	1315	security
CY2022Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Number Of Positions DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions	1226	security
CY2023Q3	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	-91149000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	-214920000	usd
	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	-19473000	usd
	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	-778762000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	-19141000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	-45133000	usd
	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	-4089000	usd
	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	-163540000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-72008000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-169787000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-15384000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-615222000	usd
	us-gaap	Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense	-327512000	usd
	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	-35449000	usd
	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	-20065000	usd
	us-gaap	Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense	-148900000	usd
	us-gaap	Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense	-327500000	usd
	us-gaap	Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense	<div style="margin-bottom:3pt;text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Table 11.1 provides a reconciliation of beginning and ending loss reserves as of and for the nine months ended September 30, 2023 and 2022.</span></div><div style="margin-bottom:9pt;margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:4.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:64.455%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.650%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.652%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Development of reserves for losses and loss adjustment expenses</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #b9d9eb;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Table</span></td><td colspan="3" style="border-top:0.5pt solid #b9d9eb;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7pt;font-weight:700;line-height:100%">11.1</span></div></td><td colspan="3" style="border-top:0.5pt solid #b9d9eb;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #b9d9eb;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #b9d9eb;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #b9d9eb;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Nine Months Ended September 30,</span></td></tr><tr><td colspan="6" style="border-bottom:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In thousands)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2023</span></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2022</span></td></tr><tr><td colspan="6" style="border-bottom:0.25pt solid #d0d0ce;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Reserve at beginning of period</span></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td style="border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">557,988</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td style="border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">883,522 </span></td><td style="border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="6" style="border-bottom:0.5pt solid #000000;border-top:0.25pt solid #d0d0ce;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Less reinsurance recoverable</span></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">28,240</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">66,905 </span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="6" style="border-bottom:0.25pt solid #d0d0ce;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net reserve at beginning of period</span></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">529,748</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">816,617 </span></td><td style="border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:3pt"><td colspan="6" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td></tr><tr><td colspan="6" style="border-bottom:0.25pt solid #d0d0ce;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Losses incurred:</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="border-bottom:0.25pt solid #d0d0ce;border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Losses and LAE incurred in respect of delinquency notices received in:</span></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td></tr><tr><td colspan="6" style="border-bottom:0.25pt solid #d0d0ce;border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Current year</span></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">137,626</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">104,086 </span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="6" style="border-bottom:0.5pt solid #000000;border-top:0.25pt solid #d0d0ce;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Prior years </span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(148,948)</span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(327,512)</span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="6" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total losses incurred</span></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(11,322)</span></td><td style="border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(223,426)</span></td><td style="border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:3pt"><td colspan="6" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="6" style="border-bottom:0.25pt solid #d0d0ce;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Losses paid:</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="6" style="border-bottom:0.25pt solid #d0d0ce;border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Losses and LAE paid in respect of delinquency notices received in:</span></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td></tr><tr><td colspan="6" style="border-bottom:0.25pt solid #d0d0ce;border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Current year</span></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">153</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">116 </span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="6" style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Prior years</span></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">33,679</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36,089 </span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="6" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total losses paid</span></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">33,832</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36,205 </span></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="6" style="border-bottom:0.25pt solid #d0d0ce;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net reserve at end of period</span></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">484,594</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">556,986 </span></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="6" style="border-bottom:0.5pt solid #000000;border-top:0.25pt solid #d0d0ce;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Plus reinsurance recoverable</span></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">40,934</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">46,384 </span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="6" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Reserve at end of period</span></td><td colspan="3" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">525,528</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">603,370 </span></td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8pt">A positive number for prior year loss reserve development indicates a deficiency of prior year reserves. A negative number for prior year loss reserve development indicates a redundancy of prior year loss reserves. See the following table for more information about prior year loss reserve development.</span></div>
CY2022Q4	us-gaap	Liability For Claims And Claims Adjustment Expense LiabilityForClaimsAndClaimsAdjustmentExpense	557988000	usd
CY2022Q4	us-gaap	Reinsurance Recoverable For Unpaid Claims And Claims Adjustments ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments	28240000	usd
CY2021Q4	us-gaap	Reinsurance Recoverable For Unpaid Claims And Claims Adjustments ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments	66905000	usd
CY2022Q4	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Net LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet	529748000	usd
CY2021Q4	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Net LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet	816617000	usd
	us-gaap	Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense	137626000	usd
	us-gaap	Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense	104086000	usd
	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1 LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1	-11322000	usd
	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1 LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1	-223426000	usd
	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1 LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1	153000	usd
	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1 LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1	116000	usd
	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1 LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1	33679000	usd
	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1 LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1	36089000	usd
	us-gaap	Payments For Losses And Loss Adjustment Expense PaymentsForLossesAndLossAdjustmentExpense	33832000	usd
	us-gaap	Payments For Losses And Loss Adjustment Expense PaymentsForLossesAndLossAdjustmentExpense	36205000	usd
CY2023Q3	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Net LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet	484594000	usd
CY2022Q3	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Net LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet	556986000	usd
CY2023Q3	us-gaap	Reinsurance Recoverable For Unpaid Claims And Claims Adjustments ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments	40934000	usd
CY2022Q3	us-gaap	Reinsurance Recoverable For Unpaid Claims And Claims Adjustments ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments	46384000	usd
CY2023Q3	us-gaap	Liability For Claims And Claims Adjustment Expense LiabilityForClaimsAndClaimsAdjustmentExpense	525528000	usd
CY2022Q3	us-gaap	Liability For Claims And Claims Adjustment Expense LiabilityForClaimsAndClaimsAdjustmentExpense	603370000	usd
	us-gaap	Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense	-148948000	usd
CY2023Q2	mtg	Primary Default Inventory PrimaryDefaultInventory	23823	loan
CY2022Q2	mtg	Primary Default Inventory PrimaryDefaultInventory	26855	loan
CY2022Q4	mtg	Primary Default Inventory PrimaryDefaultInventory	26387	loan
CY2021Q4	mtg	Primary Default Inventory PrimaryDefaultInventory	33290	loan
CY2023Q3	mtg	Primary Default Inventory New Notices PrimaryDefaultInventoryNewNotices	12240	loan
CY2022Q3	mtg	Primary Default Inventory New Notices PrimaryDefaultInventoryNewNotices	10990	loan
	mtg	Primary Default Inventory New Notices PrimaryDefaultInventoryNewNotices	34117	loan
	mtg	Primary Default Inventory New Notices PrimaryDefaultInventoryNewNotices	31089	loan
CY2023Q3	mtg	Primary Default Inventory Cures PrimaryDefaultInventoryCures	10975	loan
CY2022Q3	mtg	Primary Default Inventory Cures PrimaryDefaultInventoryCures	11494	loan
	mtg	Primary Default Inventory Cures PrimaryDefaultInventoryCures	34738	loan
	mtg	Primary Default Inventory Cures PrimaryDefaultInventoryCures	37371	loan
CY2023Q3	mtg	Primary Default Inventory Paids PrimaryDefaultInventoryPaids	359	loan
CY2022Q3	mtg	Primary Default Inventory Paids PrimaryDefaultInventoryPaids	337	loan
	mtg	Primary Default Inventory Paids PrimaryDefaultInventoryPaids	1018	loan
	mtg	Primary Default Inventory Paids PrimaryDefaultInventoryPaids	978	loan
CY2023Q3	mtg	Primary Default Inventory Rescissions And Denials PrimaryDefaultInventoryRescissionsAndDenials	9	loan
CY2022Q3	mtg	Primary Default Inventory Rescissions And Denials PrimaryDefaultInventoryRescissionsAndDenials	11	loan
	mtg	Primary Default Inventory Rescissions And Denials PrimaryDefaultInventoryRescissionsAndDenials	28	loan
	mtg	Primary Default Inventory Rescissions And Denials PrimaryDefaultInventoryRescissionsAndDenials	27	loan
CY2023Q3	mtg	Primary Default Inventory Other Items Removed PrimaryDefaultInventoryOtherItemsRemoved	0	loan
CY2022Q3	mtg	Primary Default Inventory Other Items Removed PrimaryDefaultInventoryOtherItemsRemoved	125	loan
	mtg	Primary Default Inventory Other Items Removed PrimaryDefaultInventoryOtherItemsRemoved	0	loan
	mtg	Primary Default Inventory Other Items Removed PrimaryDefaultInventoryOtherItemsRemoved	125	loan
CY2023Q3	mtg	Primary Default Inventory PrimaryDefaultInventory	24720	loan
CY2022Q3	mtg	Primary Default Inventory PrimaryDefaultInventory	25878	loan
CY2023Q3	mtg	Primary Default Inventory PrimaryDefaultInventory	24720	loan
CY2022Q3	mtg	Primary Default Inventory PrimaryDefaultInventory	25878	loan
CY2023Q3	mtg	Primary Default Inventory Three Months Or Less PrimaryDefaultInventoryThreeMonthsOrLess	8732	loan
CY2022Q4	mtg	Primary Default Inventory Three Months Or Less PrimaryDefaultInventoryThreeMonthsOrLess	8820	loan
CY2022Q3	mtg	Primary Default Inventory Three Months Or Less PrimaryDefaultInventoryThreeMonthsOrLess	7825	loan
CY2023Q3	mtg	Primary Default Inventory Four To Eleven Months PrimaryDefaultInventoryFourToElevenMonths	8220	loan
CY2022Q4	mtg	Primary Default Inventory Four To Eleven Months PrimaryDefaultInventoryFourToElevenMonths	8217	loan
CY2022Q3	mtg	Primary Default Inventory Four To Eleven Months PrimaryDefaultInventoryFourToElevenMonths	7619	loan
CY2023Q3	mtg	Primary Default Inventory Twelve Months Or More PrimaryDefaultInventoryTwelveMonthsOrMore	7768	loan
CY2022Q4	mtg	Primary Default Inventory Twelve Months Or More PrimaryDefaultInventoryTwelveMonthsOrMore	9350	loan
CY2022Q3	mtg	Primary Default Inventory Twelve Months Or More PrimaryDefaultInventoryTwelveMonthsOrMore	10434	loan
CY2023Q3	mtg	Primary Default Inventory PrimaryDefaultInventory	24720	loan
CY2022Q4	mtg	Primary Default Inventory PrimaryDefaultInventory	26387	loan
CY2022Q3	mtg	Primary Default Inventory PrimaryDefaultInventory	25878	loan
CY2023Q3	mtg	Primary Default Inventory Three Months Or Less Percentage PrimaryDefaultInventoryThreeMonthsOrLessPercentage	0.35
CY2022Q4	mtg	Primary Default Inventory Three Months Or Less Percentage PrimaryDefaultInventoryThreeMonthsOrLessPercentage	0.33
CY2022Q3	mtg	Primary Default Inventory Three Months Or Less Percentage PrimaryDefaultInventoryThreeMonthsOrLessPercentage	0.30
CY2023Q3	mtg	Primary Default Inventory Four To Eleven Months Percentage PrimaryDefaultInventoryFourToElevenMonthsPercentage	0.33
CY2022Q4	mtg	Primary Default Inventory Four To Eleven Months Percentage PrimaryDefaultInventoryFourToElevenMonthsPercentage	0.31
CY2022Q3	mtg	Primary Default Inventory Four To Eleven Months Percentage PrimaryDefaultInventoryFourToElevenMonthsPercentage	0.30
CY2023Q3	mtg	Primary Default Inventory Twelve Months Or More Percentage PrimaryDefaultInventoryTwelveMonthsOrMorePercentage	0.32
CY2022Q4	mtg	Primary Default Inventory Twelve Months Or More Percentage PrimaryDefaultInventoryTwelveMonthsOrMorePercentage	0.36
CY2022Q3	mtg	Primary Default Inventory Twelve Months Or More Percentage PrimaryDefaultInventoryTwelveMonthsOrMorePercentage	0.40
CY2023Q3	mtg	Primary Default Inventory Percentage PrimaryDefaultInventoryPercentage	1
CY2022Q4	mtg	Primary Default Inventory Percentage PrimaryDefaultInventoryPercentage	1
CY2022Q3	mtg	Primary Default Inventory Percentage PrimaryDefaultInventoryPercentage	1
CY2023Q3	mtg	Primary Default Inventory Claims Received Inventory PrimaryDefaultInventoryClaimsReceivedInventory	284	loan
CY2022Q4	mtg	Primary Default Inventory Claims Received Inventory PrimaryDefaultInventoryClaimsReceivedInventory	267	loan
CY2022Q3	mtg	Primary Default Inventory Claims Received Inventory PrimaryDefaultInventoryClaimsReceivedInventory	244	loan
CY2023Q3	mtg	Primary Default Inventory Twelve Months Or More Percent Of Primary Default Inventory In Default For Twelve Months Or More In Default For More Than Thirty Six Consecutive Months PrimaryDefaultInventoryTwelveMonthsOrMorePercentOfPrimaryDefaultInventoryInDefaultForTwelveMonthsOrMoreInDefaultForMoreThanThirtySixConsecutiveMonths	0.39
CY2022Q4	mtg	Primary Default Inventory Twelve Months Or More Percent Of Primary Default Inventory In Default For Twelve Months Or More In Default For More Than Thirty Six Consecutive Months PrimaryDefaultInventoryTwelveMonthsOrMorePercentOfPrimaryDefaultInventoryInDefaultForTwelveMonthsOrMoreInDefaultForMoreThanThirtySixConsecutiveMonths	0.36
CY2022Q3	mtg	Primary Default Inventory Twelve Months Or More Percent Of Primary Default Inventory In Default For Twelve Months Or More In Default For More Than Thirty Six Consecutive Months PrimaryDefaultInventoryTwelveMonthsOrMorePercentOfPrimaryDefaultInventoryInDefaultForTwelveMonthsOrMoreInDefaultForMoreThanThirtySixConsecutiveMonths	0.33
CY2023Q3	mtg	Premium Refund Liability Expected Claim Payments PremiumRefundLiabilityExpectedClaimPayments	19600000	usd
CY2022Q4	mtg	Premium Refund Liability Expected Claim Payments PremiumRefundLiabilityExpectedClaimPayments	25500000	usd
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	14700000	shares
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	14.83
CY2022	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	27800000	shares
CY2022	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	13.89
CY2023Q3	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	396000000	usd
CY2023Q3	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	500000000	usd
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.10
	us-gaap	Dividends Cash DividendsCash	58800000	usd
CY2023Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.115
CY2023Q3	us-gaap	Dividends Cash DividendsCash	32900000	usd
CY2023Q3	mtg	Number Of Jurisdictions With Risk To Capital Requirements NumberOfJurisdictionsWithRiskToCapitalRequirements	16	jurisdiction
	us-gaap	Description Of Regulatory Capital Requirements Under Insurance Regulations DescriptionOfRegulatoryCapitalRequirementsUnderInsuranceRegulations	25 to 1
	us-gaap	Statutory Accounting Practices Statutory Net Income Amount StatutoryAccountingPracticesStatutoryNetIncomeAmount	207996000	usd
	us-gaap	Statutory Accounting Practices Statutory Net Income Amount StatutoryAccountingPracticesStatutoryNetIncomeAmount	284084000	usd
CY2023Q3	us-gaap	Statutory Accounting Practices Statutory Capital And Surplus Balance StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance	859083000	usd
CY2022Q3	us-gaap	Statutory Accounting Practices Statutory Capital And Surplus Balance StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance	1231992000	usd
CY2023Q3	mtg	Contingency Reserve ContingencyReserve	5071276000	usd
CY2022Q3	mtg	Contingency Reserve ContingencyReserve	4533371000	usd
CY2023Q3	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q3	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2023Q3	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2023Q3	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
FilingSummary.xml	Edgar Link	unprocessable
mtg-20230930_cal.xml	Edgar Link	unprocessable
0000876437-23-000073-index-headers.html	Edgar Link	pending
0000876437-23-000073-index.html	Edgar Link	pending
0000876437-23-000073.txt	Edgar Link	pending
0000876437-23-000073-xbrl.zip	Edgar Link	pending
exhibit31110q2023q32023.htm	Edgar Link	pending
exhibit31210q2023q32023.htm	Edgar Link	pending
exhibit3210q2023q32023.htm	Edgar Link	pending
exhibit9910q2023q32023rf.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
mtg-20230930.htm	Edgar Link	pending
mtg-20230930.xsd	Edgar Link	pending
mtg-20230930_g1.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
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R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
mtg-20230930_def.xml	Edgar Link	unprocessable
mtg-20230930_lab.xml	Edgar Link	unprocessable
mtg-20230930_pre.xml	Edgar Link	unprocessable
mtg-20230930_htm.xml	Edgar Link	completed
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
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R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$MTG
MGIC INVESTMENT CORP Stock $mtg

2023 Q4 Form 10-Q Financial Statement

#000087643723000073 Filed on October 31, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTG MGIC INVESTMENT CORP Stock $mtg

2023 Q4 Form 10-Q Financial Statement

#000087643723000073 Filed on October 31, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTG
MGIC INVESTMENT CORP Stock $mtg