15 Best Mortgage Insurance Companies Heading into 2024

Published on December 26, 2023 at 7:03 pm by Meerub Anjum in Business, Industries, Lists, News

In this article, we will look into the 15 best mortgage insurance companies heading into 2024. If you want to skip our detailed analysis, you can go directly to the 5 Best Mortgage Insurance Companies Heading into 2024.

Mortgage Insurance Market Shift

According to an article by National Mortgage News, published on August 7, 2023, the private mortgage insurance market witnessed substantial reshuffling in business. On the whole, the market showed resilience in the second quarter, despite macroeconomic concerns. The market saw a surge in overall activity, owing to the proactive maneuvers of the key players coupled with resilience. However, the market remained cautious due to economic fluctuations, companies must leverage strategic planning to gain ground in the market.

The article tracks the progress of some of the key companies, including Radian Group Inc. (NYSE:RDN), Essent Group Ltd. (NYSE:ESNT), MGIC Investment Corporation (NYSE:MTG), and NMI Holdings, Inc. (NASDAQ:NMIH), operating in the market and reports their performance in the second quarter. In the 2nd quarter of 2023, these companies collectively wrote more policies compared to the first quarter. The market produced a total of $81.7 billion in the 2nd quarter, compared to $64.6 billion in the first quarter.

Radian Group Inc. (NYSE:RDN) is a leading mortgage insurance company, boasting a market cap of $4.4 billion, as of December 22. Radian Group Inc. (NYSE:RDN) reclaimed its top position in terms of new insurance written (NIW) with a $16.9 billion share in the second quarter. The company depicted substantial growth and a strategic focus on higher FICO borrowers. This move highlighted the dynamics of the market leading to competitive advantages, by leveraging targeted risk selection and pricing adjustments.

Essent Group Ltd. (NYSE:ESNT), also ranked on our list of the best mortgage insurance companies, reported good performance in the second quarter. The company acquired title insurance businesses to expand its insurance capabilities to drive growth. The company earned a total of $172.2 million in the quarter and surpassed the earnings of the previous quarter.

MGIC Investment Corporation (NYSE:MTG) witnessed a surge in the second quarter and reported an NIW share of $12.4 billion, compared to $8.2 billion in the last quarter. MGIC Investment Corporation’s (NYSE:MTG) net income for the quarter was $191.1 million, versus $154.5 million in the previous quarter. Lastly, NMI Holdings, Inc. (NASDAQ:NMIH) reported a positive year-over-year net income of $80.3 million, despite a decrease in NIW. This exhibits the ability of NMI Holdings, Inc. (NASDAQ:NMIH) to gain profitability by leveraging effective cost and risk control strategies.

Some Other Major Players in the Market

Let’s have a look at the news from some other major players including Dai-ichi Life Holdings, Inc. (OTC:DCNSF), Legal & General Group Plc (OTC:LGGNY), and Essent Guaranty, Inc.

Dai-ichi Life Holdings, Inc. (OTC:DCNSF) is one of the major insurance companies in Japan. On October 30, the company announced that it had joined forces with YuLife to introduce a pilot program to launch YuLife’s health and wellness app and online hub in Japan. Dai-ichi Life Holdings, Inc. (OTC:DCNSF) would be utilizing YuLife’s offerings for the first time after its investment in the company in 2022. The app offers incentives for healthy choices such as walking and meditation, through YuCoin. The YuCoins can be redeemed for rewards and can also be utilized for CSR initiatives.

Legal & General Group Plc (OTC:LGGNY) is a leading multinational financial services and asset management company in the UK. On December 19, the company announced that it had partnered with Co-op Insurance to provide cost-effective life and critical illness insurance with additional benefits to Co-op members and customers. This collaboration offers benefits such as access to a range of policies, including life insurance, decreasing life insurance, and over 50s fixed life insurance. The insurance coverage will be available for the price of £5/month. This partnership will also provide Co-op customers with access to Care Concierge and Wellbeing Support.

Essent Guaranty, Inc., a subsidiary of Essent Group Ltd. (NYSE:ESNT), is a leading mortgage insurance provider. On October 24, the company announced its integration with Mortgage Cadence’s Loan Fulfillment Center to enhance access to its services for mutual customers. This integration will enable lenders to consider Essent Group Ltd.’s (NYSE:ESNT) mortgage insurance prices in real-time with the help of EssentEDGE, the company’s proprietary pricing engine. This integration will allow both companies to enhance their mortgage insurance capabilities.

15 Best Mortgage Insurance Companies Heading into 2024

Methodology

To compile our list of the best mortgage insurance companies heading into 2024, we sifted through market reports such as 360 Market Updates and Precision Reports. We also reviewed similar articles featuring top mortgage insurance companies from sources including Investopedia and Mortgage Protection Reviews. We identified public and private companies from our sources and ranked them in ascending order of their market cap as of December 22, 2023, and annual revenue.

By the way, Insider Monkey is an investing website that tracks the movements of corporate insiders and hedge funds. By using a consensus approach, we identify the best stock picks of more than 900 hedge funds investing in US stocks. The top 10 consensus stock picks of hedge funds outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Whether you are a beginner investor or a professional looking for the best stocks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.

15 Best Mortgage Insurance Companies Heading into 2024

15. MGIC Investment Corporation (NYSE:MTG)

Market Cap as of December 22: $5.40 billion

MGIC Investment Corporation (NYSE:MTG) is a major financial services company, leading the mortgage insurance market. Headquartered in Wisconsin, the company offers insurance, mortgage, housing, loans, finance, home ownership, and real estate solutions. The company offers a wide range of mortgage insurance solutions at affordable prices. As of December 22, the company has a market cap of $5.40 billion.

14. Essent Group Ltd. (NYSE:ESNT)

Market Cap as of December 22: $5.68 billion

Essent Guaranty, Inc., the main subsidiary of Essent Group Ltd. (NYSE:ESNT), is a leading mortgage insurance company. Headquartered in Pennsylvania, the company offers a variety of mortgage insurance products and services including Borrower-Paid Mortgage Insurance, Lender-Paid Single, Borrower-Paid Single, Lender-Paid Monthly, and Split Premium. EssentIQ and EssentEngage are some of the mortgage insurance tools offered by the company. As of December 22, Essent Group Ltd. (NYSE:ESNT) has a market cap of $5.68 billion.

13. Aegon Ltd. (NYSE:AEG)

Market Cap as of December 22: $10.96 billion

Ranked 13th on our list, Aegon Ltd. (NYSE:AEG) is a leading insurance company, providing insurance, asset management, pension, retirement, and financial well-being solutions. The company provides mortgage insurance services, under its brand Transamerica. It offers two types of mortgage insurance, life cover with mortgage insurance, and home cover with mortgage insurance. The company also allows investors to invest in private mortgage loans, through its asset management business. As of December 22, Aegon Ltd. (NYSE:AEG) reports a market cap of $10.96 billion.

12. Mutual of Omaha

Annual Revenue (2022): $11.54 billion

Mutual of Omaha is ranked among the 15 best mortgage insurance companies heading into 2024. The company offers a comprehensive suite of tailored mortgage insurance solutions. The company’s mortgage plans offer coverage of $100,000 to over $1,000,000. Mutuals of Omaha reported an annual revenue of $11.54 billion in 2022.

11. Legal & General Group Plc (OTC:LGGNY)

Market Cap as of December 22: $19.49 billion

Founded in 1836, Legal & General Group Plc (OTC:LGGNY) is one of the largest UK financial services companies. The company has a range of business portfolios including financial services, investment, pensions, savings, personal finance, insurance, retirement, life insurance, surveying, lifetime mortgages, and annuities among others. The company offers customized mortgage protection solutions at market-competitive rates. Its mortgage insurance products include lifetime mortgage insurance and retirement interest-only mortgage insurance. As of December 22, Legal & General Group Plc (OTC:LGGNY) has a market cap of $19.49 billion.

10. Dai-ichi Life Holdings, Inc. (OTC:DCNSF)

Market Cap as of December 22: $20.19 billion

Dai-ichi Life Holdings, Inc. (OTC:DCNSF) is a top Japanese insurance company, providing top-notch insurance services in more than 10 countries. The company has a wide range of products including EduPro Premier, Active Care, Smart Shield, DL EduPro, and LoanShield. Dai-ichi Credit Life covers mortgage loans in case of accidental death. As of December 22, Dai-ichi Life Holdings, Inc. (OTC:DCNSF) has a market cap of $20.19 billion.

9. USAA

Annual Revenue (2022): $27.44 billion

USAA is one of the best mortgage insurance companies heading into 2024. The company operates across different business portfolios including financial services, employee well-being, risk management, and insurance. It offers a wide range of tailored mortgage solutions to its customers. In 2022, USAA reported an annual revenue of $27.44 billion.

8. Arch Capital Group Ltd. (NASDAQ:ACGL)

Market Cap as of December 22: $27.67 billion

Arch Capital Group Ltd. (NASDAQ:ACGL) is ranked 8th on our list. Headquartered in Bermuda, the company has business in over 12 countries and territories. The company offers insurance, reinsurance, mortgage insurance, specialty insurance, and data analytics solutions. It provides mortgage insurance that offers customers credit risk enhancement products, expert risk management, and financial solutions. As of December 22, Arch Capital Group Ltd. (NASDAQ:ACGL) has a market cap of $27.67 billion.

7. The Allstate Corporation (NYSE:ALL)

Market Cap as of December 22: $32.54 billion

Ranked 7th on our list, The Allstate Corporation (NYSE:ALL) is a leading insurance company specializing in mortgage insurance, life insurance, long-term care insurance, homeowners insurance, auto Insurance, earthquake insurance, general liability, and annuities. The company provides mortgage protection solutions for people aged 18 to 65 years. As of December 22, The Allstate Corporation (NYSE:ALL) has a market cap of $32.54 billion.

6. American International Group, Inc. (NYSE:AIG)

Market Cap as of December 22: $47.35 billion

Headquartered in New York, American International Group, Inc. (NYSE:AIG) is a multinational insurance company. The company provides insurance solutions including mortgage insurance, life insurance, and retirement insurance among others. It offers home mortgage solutions that provide coverage in case of disability, unemployment, ailment, and death. As of December 22, American International Group, Inc. (NYSE:AIG) has a market cap of $47.35 billion.

Click to continue reading and see 5 Best Mortgage Insurance Companies Heading into 2024.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on May 7, 2025 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

The AI infrastructure supercycle
The onshoring boom driven by Trump-era tariffs
A surge in U.S. LNG exports
And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on our AI, Tariffs, and Nuclear Energy Stock with 100+% potential upside within 12 to 24 months

• BONUS REPORT on our #1 AI-Robotics Stock with 10000% upside potential: Our in-depth report dives deep into our #1 AI/robotics stock’s groundbreaking technology and massive growth potential.

• One New Issue of Our Premium Readership Newsletter: You will also receive one new issue per month and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Content: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a month of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• Lifetime Price Guarantee: Your renewal rate will always remain the same as long as your subscription is active.

• 30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

Insider Monkey Ads

A New Dawn is Coming to U.S. Stocks

Published on January 7, 2025 at by Insider Monkey Staff

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…

Insider Monkey Ads

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Log In

Sign Up

15 Best Mortgage Insurance Companies Heading into 2024

Published on December 26, 2023 at 7:03 pm by Meerub Anjum in Business, Industries, Lists, News

Mortgage Insurance Market Shift

Some Other Major Players in the Market

15 Best Mortgage Insurance Companies Heading into 2024

15. MGIC Investment Corporation (NYSE:MTG)

14. Essent Group Ltd. (NYSE:ESNT)

13. Aegon Ltd. (NYSE:AEG)

12. Mutual of Omaha

11. Legal & General Group Plc (OTC:LGGNY)

10. Dai-ichi Life Holdings, Inc. (OTC:DCNSF)

9. USAA

8. Arch Capital Group Ltd. (NASDAQ:ACGL)

7. The Allstate Corporation (NYSE:ALL)

6. American International Group, Inc. (NYSE:AIG)

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on May 7, 2025 at by Inan Dogan, PhD

A New Dawn is Coming to U.S. Stocks

Published on January 7, 2025 at by Insider Monkey Staff

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Premium

Log In

Sign Up

15 Best Mortgage Insurance Companies Heading into 2024

Published on December 26, 2023 at 7:03 pm by Meerub Anjum in Business, Industries, Lists, News

Share

Mortgage Insurance Market Shift

Some Other Major Players in the Market

15 Best Mortgage Insurance Companies Heading into 2024

15. MGIC Investment Corporation (NYSE:MTG)

14. Essent Group Ltd. (NYSE:ESNT)

13. Aegon Ltd. (NYSE:AEG)

12. Mutual of Omaha

11. Legal & General Group Plc (OTC:LGGNY)

10. Dai-ichi Life Holdings, Inc. (OTC:DCNSF)

9. USAA

8. Arch Capital Group Ltd. (NASDAQ:ACGL)

7. The Allstate Corporation (NYSE:ALL)

6. American International Group, Inc. (NYSE:AIG)

Share

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on May 7, 2025 at by Inan Dogan, PhD

A New Dawn is Coming to U.S. Stocks

Published on January 7, 2025 at by Insider Monkey Staff