MGIC Investment Reports Q4 2025 Net Loss Amid Declining Sales

MGIC Investment Corporation (NYSE: MTG) reported a net loss of $12.3 million, or $0.04 per share, for Q4 2025, compared to net income of $168.5 million, or $0.54 per share, in the same period a year earlier. The decline follows a 12% year-over-year drop in new insurance written to $7.9 billion. The company cited higher incurred losses and lower premium yields as key drivers of the downturn. For full-year 2025, MGIC posted net income of $448.1 million, down from $702.4 million in 2024. Its combined ratio worsened to 72.3% in Q4 from 59.1% a year prior, reflecting elevated claim expenses.