Private Mortgage Insurers by Policies in Force

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Private Mortgage Insurers by Policies in Force

Private Mortgage Insurers by Policies in Force
On December 31, 2006. Dollars in millions
Published May 18, 2007
      Market
share
 
By Value of policies in force 2006 2005 Change Change
1 MGIC (1) Milwaukee $176,532 $170,029 3.80% 22.40% -0.80%
2 PMI Group San Francisco 151,962 139,807 8.7 19.3 0.2
3 Radian Guaranty, Inc. (1) Philadelphia 113,903 109,684 3.8 14.5 -0.5
4 United Guaranty Greensboro, N.C. 105,641 99,532 6.1 13.4 -0.2
5 Genworth Financial Raleigh 94,258 87,364 7.9 12 0
6 Republic Mortgage Insurance Winston-Salem, N.C. 88,862 80,865 9.9 11.3 0.2
7 Triad Guaranty Insurance Winston-Salem, N.C. 56,828 44,407 28 7.2 1.1
  Industry Total   $787,985 $731,688 7.70% 100%
 
      Market
share
 
By number of policies in force 2006 2005 Change Change
1 MGIC (1) Milwaukee 1,283,174 1,303,084 -1.50% 23.50% -0.80%
2 PMI Group San Francisco 1,019,925 993,109 2.7 18.7 0.2
3 Radian Guaranty Inc. (1) Philadelphia 785,814 787,324 -0.2 14.4 -0.3
4 United Guaranty Greensboro, N.C. 733,601 720,421 1.8 13.4 0
5 Genworth Financial Raleigh 697,929 684,327 2 12.8 0
6 Republic Mortgage Insurance Winston-Salem, N.C. 598,158 576,515 3.8 11 0.2
7 Triad Guaranty Insurance Winston-Salem, N.C. 338,086 302,488 11.8 6.2 0.6
  Industry Total   5,456,687 5,367,268 1.70% 100%
 
      Market share  
By Value of bulk policies in force 2006 2005 Change Change
1 PMI Group San Francisco $50,389 $37,366 34.90% 26.20% 1.70%
2 MGIC (1) Milwaukee 42,067 40,505 3.9 21.8 -4.7
3 Radian Guaranty Inc. (1) Philadelphia 30,374 26,984 12.6 15.8 -1.9
4 Triad Guaranty Insurance Winston-Salem, N.C. 24,049 15,043 59.9 12.5 2.6
5 Republic Mortgage Insurance Winston-Salem, N.C. 23,370 14,827 57.6 12.1 2.4
6 United Guaranty Greensboro, N.C. 12,307 11,055 11.3 6.4 -0.9
7 Genworth Financial Raleigh 10,002 6,808 46.9 5.2 0.7
  Industry Total   $192,558 $152,588 26.20% 100%

Notes: Notes: (1) MGIC has agreed to purchase Radian. The sale has not yet closed.

Source: NMN/Annual Data Report.
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Paul.Muolo@SourceMedia.com

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