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Wednesday, 05/01/2013 2:34:34 AM

Wednesday, May 01, 2013 2:34:34 AM

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MILWAUKEE, April 30, 2013 /PRNewswire/ -- MGIC Investment Corporation (NYSE:MTG) today reported a net loss for the quarter ended March 31, 2013 of $72.9 million, compared with a net loss of $19.6 million for the same quarter a year ago. Diluted loss per share was $0.31 for the quarter ending March 31, 2013, compared to diluted loss per share of $0.10 for the same quarter a year ago.

Total revenues for the first quarter were $269.2 million, compared with $379.7 million in the first quarter last year. Net premiums written for the quarter were $248.5 million, compared with $255.0 million for the same period last year. Realized gains in the first quarter of 2013 were $1.3 million compared to $77.6 million for the same period last year.




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