MGIC Investment Corp. (MTG)

[tommiegun54]

CLAIMS DECLINE IN Q4, AVERAGE AMT. PAID AND AMOUNT PAID

CLAIM ACTIVITY DECLINED FOR MGIC INVESTMENT IN THE QUARTER ENDING DECEMBER 31, 2018

REVENUE HIGHER ON PREMIUM REVENUE AS INSURANCE IN FORCE RISES

All metrics reported by MGIC INVESTMENT through MONTHLY OPERATING REPORTS confirm the trend continues for DECLINING claims paid 1304 IN Q4 2018 versus 1374 claims for the quarter ending September 30, 2018.

Total delinquent INVENTORY DECLINED 29.3% IN 2018 to 32,898. Total DOLLAR amount of claims were $87 million. Based on the same average paid claim amount of $47.2K paid in Q3 2018.

The average paid claims amount is influenced by the market value of homes in the various real estate markets in the United States. The highest claim payment per loan in the last 6 quarters was $51.1 IN Q1 2018.