MGIC Investment Corporation Receives Moody's Ratings Upgrades
MGIC Investment Corporation (NYSE: MTG) has received significant ratings upgrades from Moody's Ratings. The company's senior unsecured debt rating was upgraded to Baa2 from Baa3, while its subsidiary Mortgage Guaranty Insurance Corporation's insurance financial strength rating was raised to A2 from A3.
The upgrades were attributed to MTG's consistent performance, good net capital generation, robust profitability, and strong capital adequacy. The outlook for all ratings remains stable. CEO Tim Mattke highlighted the company's market leadership position and disciplined approach as key factors in their success.
MGIC Investment Corporation (NYSE: MTG) ha ricevuto importanti miglioramenti nelle valutazioni da parte di Moody's Ratings. Il rating del debito senior unsecured della societ脿 猫 stato aggiornato a Baa2 da Baa3, mentre il rating della solidit脿 finanziaria assicurativa della sua controllata Mortgage Guaranty Insurance Corporation 猫 stato elevato a A2 da A3.
Gli upgrade sono stati attribuiti alla performance costante di MTG, alla buona generazione di capitale netto, alla robusta redditivit脿 e alla solida adeguatezza patrimoniale. Le prospettive per tutti i rating rimangono stabili. Il CEO Tim Mattke ha sottolineato la posizione di leadership di mercato dell'azienda e l'approccio disciplinato come fattori chiave del loro successo.
MGIC Investment Corporation (NYSE: MTG) ha recibido importantes mejoras en sus calificaciones por parte de Moody's Ratings. La calificaci贸n de la deuda senior no garantizada de la compa帽铆a fue elevada a Baa2 desde Baa3, mientras que la calificaci贸n de fortaleza financiera de seguros de su subsidiaria Mortgage Guaranty Insurance Corporation fue incrementada a A2 desde A3.
Las mejoras se atribuyen al desempe帽o constante de MTG, buena generaci贸n de capital neto, s贸lida rentabilidad y fuerte adecuaci贸n de capital. La perspectiva para todas las calificaciones sigue siendo estable. El CEO Tim Mattke destac贸 la posici贸n de liderazgo en el mercado de la empresa y su enfoque disciplinado como factores clave de su 茅xito.
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鞚措矆 霌标笁 靸來枼鞚 MTG鞚� 昃胳頃� 鞁れ爜, 鞖办垬頃� 靾滌瀽氤� 彀届稖, 瓴碃頃� 靾橃澋靹�, 臧曧暅 鞛愲掣 鞝侅爼靹� 雿曤秳鞛呺媹雼�. 氇摖 霌标笁鞚� 鞝勲鞚 鞎堨爼鞝侅瀰雼堧嫟. CEO 韺 毵ろ姼韨る姅 須岇偓鞚� 鞁滌灔 毽崝鞁� 鞙勳箻鞕 鞐勱博頃� 瓴届榿 氚╈龚鞚� 靹标车鞚� 頃奠嫭 鞖旍唽霛缄碃 臧曥“頄堨姷雼堧嫟.
MGIC Investment Corporation (NYSE : MTG) a b茅n茅fici茅 d'importantes am茅liorations de notation de la part de Moody's Ratings. La note de la dette senior non garantie de la soci茅t茅 a 茅t茅 relev茅e 脿 Baa2 depuis Baa3, tandis que la note de solidit茅 financi猫re en assurance de sa filiale Mortgage Guaranty Insurance Corporation a 茅t茅 augment茅e 脿 A2 depuis A3.
Ces am茅liorations ont 茅t茅 attribu茅es 脿 la performance constante de MTG, 脿 une bonne g茅n茅ration de capital net, 脿 une rentabilit茅 solide et 脿 une forte ad茅quation en capital. Les perspectives pour toutes les notes restent stables. Le PDG Tim Mattke a soulign茅 la position de leader sur le march茅 de l'entreprise et son approche disciplin茅e comme facteurs cl茅s de leur succ猫s.
MGIC Investment Corporation (NYSE: MTG) hat bedeutende Rating-Aufwertungen von Moody's Ratings erhalten. Das Rating f眉r die unbesicherten vorrangigen Schulden des Unternehmens wurde von Baa3 auf Baa2 angehoben, w盲hrend das Rating der finanziellen Versicherungskraft der Tochtergesellschaft Mortgage Guaranty Insurance Corporation von A3 auf A2 erh枚ht wurde.
Die Aufwertungen wurden MTGs konstanten Leistungen, guter Nettokapitalerzeugung, robuster Profitabilit盲t und starker Kapitalausstattung zugeschrieben. Der Ausblick f眉r alle Ratings bleibt stabil. CEO Tim Mattke hob die Marktf眉hrerschaft des Unternehmens und den disziplinierten Ansatz als Schl眉sselfaktoren f眉r den Erfolg hervor.
- Moody's upgraded senior unsecured debt rating to Baa2 from Baa3
- Subsidiary MGIC's insurance financial strength rating upgraded to A2 from A3
- Company demonstrates consistent performance and robust profitability
- Strong capital generation and capital adequacy metrics
- None.
Moody's rationale for the upgrade included MTG's consistent performance, good net capital generation, and robust profitability and capital adequacy.聽
"We are pleased to have received these upgrades from Moody's," said Tim Mattke, CEO of MTG and MGIC. "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."
About MGIC
MGIC (www.mgic.com) is the principal subsidiary of聽MGIC Investment Corporation, serving lenders throughout聽the
From time-to-time聽MGIC Investment Corporation聽releases important information via postings on its corporate website, and via postings on MGIC's website, and it intends to continue to do so in the future. Such postings include corrections of previous disclosures and may be made without any other disclosure. Investors and other interested parties are encouraged to enroll to receive automatic email alerts and AG真人官方ly Simple Syndication (RSS) feeds regarding new postings. Enrollment information for聽MGIC Investment Corporation聽alerts can be found at聽https://mtg.mgic.com/shareholder-services/email-alerts.
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SOURCE MGIC Investment Corporation