Here are the DEF 14A proxy statements from MGIC Investment Corp. (MTG) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, so if you follow MTG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MTG filings page.
MGIC Investment Corporation asks shareholders to elect ten directors, approve executive pay on an advisory basis, and ratify PricewaterhouseCoopers LLP as 2026 auditor. The proxy highlights a strong 2025, including $61.9 billion of new insurance written, insurance in force of $303.1 billion, and a 13.5% return on equity.
Adjusted net operating income per diluted share was $3.14, and adjusted book value per share grew 42% from the end of 2022 to the end of 2025. MGIC increased GAAP book value per share by about 13%, paid dividends of $0.56 per share, and repurchased 12% of shares outstanding. The company ended 2025 with $1.1 billion of cash and investments and received credit rating upgrades from S&P and Moody’s.
The Board emphasizes governance and sustainability, with 8 of 10 nominees independent and a majority of director pay in equity. For 2025, 61% of the CEO’s target total direct compensation and an average of 57% for other named executives were performance-based, tied mainly to ROE, new insurance written, insurance in force, and multi‑year adjusted book value per share growth.