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MGIC Investment (FRA:MGC) Net Investment Income : €209 Mil (As of Mar. 2024)


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What is MGIC Investment Net Investment Income?

Net investment income is the income earned by insurance companies through investments.MGIC Investment's net investment income for the three months ended in Mar. 2024 was €52 Mil. Its net investment income for the trailing twelve months (TTM) ended in Mar. 2024 was €209 Mil.

MGIC Investment's quarterly net investment income increased from Sep. 2023 (€51 Mil) to Dec. 2023 (€56 Mil) but then declined from Dec. 2023 (€56 Mil) to Mar. 2024 (€52 Mil).

MGIC Investment's annual net investment income increased from Dec. 2021 (€137 Mil) to Dec. 2022 (€159 Mil) and increased from Dec. 2022 (€159 Mil) to Dec. 2023 (€197 Mil).


MGIC Investment Net Investment Income Historical Data

The historical data trend for MGIC Investment's Net Investment Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MGIC Investment Net Investment Income Chart

MGIC Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Investment Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 150.34 126.09 137.43 158.92 197.29

MGIC Investment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Investment Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.58 49.54 51.46 55.91 52.13

MGIC Investment Net Investment Income Calculation

Income earned by insurance companies through investments. Insurance companies usually invest the float they received in stocks or bonds to generate additional income before the premium is paid to cover insurance losses.

Net Investment Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €209 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MGIC Investment (FRA:MGC) Business Description

Traded in Other Exchanges
Address
250 E. Kilbourn Avenue, MGIC Plaza, Milwaukee, WI, USA, 53202
MGIC Investment Corp provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The insurance premiums that these customers pay for the protection accounts for close to majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all 50 states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia and New York.

MGIC Investment (FRA:MGC) Headlines

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