Rating Date
April 2025
NAIC
Classification
Classification
Risk Adjusted
Capital Ratio #1
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Capital Ratio #2
Loss
Ratio
Ratio
Total
Assets
Assets
Capital
Net
Premiums
Premiums
Net
Income
Income
| Weiss Ratings |
MGIC Credit Assurance Corp
Milwaukee, WI |
Click to Compare |
Click to Compare |
Click to Compare |
| Rating | ||||
| Capitalization Index | 10.00 | |||
| Investment Safety Index | -- | |||
| Liquidity Index | 7.00 | |||
| Profitability Index | 4.90 | |||
| Reserve Adequacy Index | 9.30 | |||
| Stability Index | 4.40 | |||
| Company Info |
MGIC Credit Assurance Corp
Milwaukee, WI |
Click to Compare |
Click to Compare |
Click to Compare |
| Industry | P&C | |||
| NAIC Number | 10682 | |||
| Phone Number | (800) 558-9900 | |||
| Website | www.mgic.com | |||
| Address | 250 East Kilbourn Avenue Milwaukee, WI 53202 | |||
| Balance Sheet |
MGIC Credit Assurance Corp
Milwaukee, WI |
Click to Compare |
Click to Compare |
Click to Compare |
| Total Assets | 10.19M | |||
| Capital and Reserves |
MGIC Credit Assurance Corp
Milwaukee, WI |
Click to Compare |
Click to Compare |
Click to Compare |
| Risk-Adjusted Capital Ratio #1 | 32.70 | |||
| Risk-Adjusted Capital Ratio #2 | 31.90 | |||
| 1-Year Reserve Development | -140.00% | |||
| 2-Year Reserve Development | -240.00% | |||
| Capital | 10.02M | |||
| Premium to Surplus | 0.00% | |||
| Reserves to Surplus | -- | |||
| Investments |
MGIC Credit Assurance Corp
Milwaukee, WI |
Click to Compare |
Click to Compare |
Click to Compare |
| Cash | -- | |||
| CMO & Structured Securities | -- | |||
| Common & Preferred Stock | -- | |||
| Invested Assets | -- | |||
| Investments in Affiliates | -- | |||
| Mortgages in Good Standing | -- | |||
| Non-Investment Grade Bonds | -- | |||
| Non-Performing Mortgages | -- | |||
| Other Investment Grade Bonds | -- | |||
| Other Investments | -- | |||
| Real Estate | -- | |||
| Operating Ratios |
MGIC Credit Assurance Corp
Milwaukee, WI |
Click to Compare |
Click to Compare |
Click to Compare |
| Medical Loss Ratio | -- | |||
| Cash From Underwriting | 0.00% | |||
| Combined Ratio | 25,240.00% | |||
| Expense Ratio | 72,490.00% | |||
| Loss Ratio | -47,244.33% | |||
| Net Premium Growth | -50.00% | |||
| Other Medical |
MGIC Credit Assurance Corp
Milwaukee, WI |
Click to Compare |
Click to Compare |
Click to Compare |
| Bonus Pay | -- | |||
| Capitation Pay | -- | |||
| Contractual Pay | -- | |||
| Enrollment | -- | |||
| Fee For Service | -- | |||
| Medical Expense Per Member Per Month | -- | |||
| Network Physicians | -- | |||
| Other Pay | -- | |||
| Salary Pay | -- | |||
| Total Patient Encounters - Physician | -- | |||
| Total Patient Encounters-Non-Physician | -- | |||
| Profitability |
MGIC Credit Assurance Corp
Milwaukee, WI |
Click to Compare |
Click to Compare |
Click to Compare |
| Net Income | 204.92K | |||
| Net Premium | 282.00 | |||
| Health Premium | -- | |||