MGIC Investment Corporation Secures Upgrade in Moody's Ratings for Debt and Insurance Strength

MGIC Investment Corporation Receives Moody's Ratings Upgrades

On August 7, 2025, MGIC Investment Corporation, listed on the NYSE under the ticker MTG, announced a significant upgrade in its ratings by Moody's Investor Service. This prestigious agency has elevated the company's senior unsecured debt rating from Baa3 to Baa2, highlighting a robust affirmation of the organization's financial health and stability.

In addition to the debt rating upgrade, Moody's has also raised the insurance financial strength rating of MGIC's main subsidiary, the Mortgage Guaranty Insurance Corporation (MGIC). This upgrade moved from A3 to A2, indicating a favorable outlook on the company’s ability to meet its obligations. Moody’s has described the outlook for these upgrades as stable, ensuring investors and stakeholders that the company's financial footing is secure.

According to the reasoning behind this upgrade, Moody's cited MGIC's consistent performance, strong net capital generation, and solid profitability combined with adequate capital resources. These elements collectively depict a company that is not only reliable but also capable of navigating the complexities of the mortgage insurance market.

Tim Mattke, CEO of MGIC and its subsidiary, expressed satisfaction with the ratings upgrade, stating, "We are pleased to have received these upgrades from Moody's. Our performance reflects our position as a market leader and our disciplined, balanced approach to the market. With our solid foundation, financial strength and capital flexibility, we are well-positioned to continue to execute on our business strategies and create long-term value for our stakeholders.” This statement underscores the organization's confidence in its strategic direction and financial management.

MGIC plays a crucial role in the U.S. housing market, facilitating access to homeownership for many American families. By providing private mortgage insurance, MGIC allows lenders to offer low down payment mortgage options, making homeownership more achievable for those who may not otherwise qualify. In doing so, MGIC supports families in realizing their dream of owning their own homes sooner.

The company remains committed to regularly updating its investors and the public with important information through its corporate website. This includes releases that correct previous disclosures, all aimed at maintaining transparency and engagement with stakeholders. Investors are encouraged to sign up for automatic alerts and RSS feeds for the latest important news regarding MGIC.

For more information on MGIC Investment Corporation and its services, you can visit their official website at www.mgic.com. These upgrades reflect not only a testament to MGIC's current position but also the promising future it holds as it continues to assist families in achieving homeownership and responds dynamically to market conditions.

As MGIC Investment Corporation continues to navigate through the evolving financial landscape, this rating upgrade by Moody's reinforces their commitment to maintaining excellence in financial practices and innovation in the mortgage insurance arena. The company's strategic priorities focus on sustained growth, value creation, and enhanced service offerings for its clients in the evercompetitive market.