UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-36174 NMI Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 45-4914248 Yes ☒ No ☐ | I ...

1 • Primary insurance-in-force at quarter end was $199.4 billion, compared to $197.0 billion at the end of the fourth quarter and $186.7 billion at the end of the first quarter of 2023. • Net premiums earned were $136.7 million, compared to $132.9 million in the fourth quarter and $121.8 million in the first quarter of 2023. • Total revenue was $156.3 million, compared to $151.4 million in the fourth quarter and $136.8 million in the first quarter of 2023. • Insurance claims and claim expenses were $3.7 mil ...

NMI Holdings, Inc. (NASDAQ:NMIH) Q4 2023 Earnings Conference Call February 14, 2024 5:00 PM ET Company Participants John Swenson - Vice President of Investor Relations & Treasury Bradley Shuster - Executive Chairman Adam Pollitzer - President & Chief Executive Officer Ravi Mallela - Chief Financial Officer Conference Call Participants Terry Ma - Barclays Doug Harter - UBS Arren Cyganovich - Citi Bose George - KBW Mihir Bhatia - Bank of America Rick Shane - JPMorgan Mark Hughes - Truist Securities Eric Hagen ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR (Exact name of registrant as specified in its charter) ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Delaware 45-4914248 Commission file number 001-36174 (State or other jurisdiction of incorporation or org ...

NMI Holdings, Inc. (NASDAQ:NMIH) Q3 2023 Earnings Conference Call November 1, 2023 5:00 PM ET Company Participants John Swenson - VP, IR and Treasury Bradley Shuster - Executive Chairman Adam Pollitzer - President and CEO Ravi Mallela - CFO Conference Call Participants Rick Shane - JPMorgan Bose George - KBW Max Mosbacher - Truist Securities Eric Hagen - BTIG Daniel Eisen - Bank of America Geoffrey Dunn - Dowling Operator Good day, and welcome to the NMI Holdings Third Quarter 2023 Earnings Conference Call. ...

Financial Performance - Net premiums earned for Q3 2023 were $130,089 thousand, a 9.8% increase from $118,317 thousand in Q3 2022; for the nine months ended September 30, 2023, net premiums earned were $377,828 thousand, up 6.2% from $355,682 thousand in the same period of 2022 [21]. - Net income for Q3 2023 was $83,955 thousand, up 9.2% from $76,838 thousand in Q3 2022; for the nine months, net income increased to $238,697 thousand from $219,962 thousand, a 8.5% increase [21]. - Earnings per share (EPS) for Q3 2023 were $1.02 (basic) and $1.00 (diluted), compared to $0.91 and $0.90 in Q3 2022, reflecting a 12.1% and 11.1% increase respectively [21]. - Total revenues for the nine months ended September 30, 2023, reached $427,623,000, up from $390,238,000 in the same period of 2022, reflecting a year-over-year increase of 9.6% [213]. - Adjusted net income for the nine months ended September 30, 2023, was $238,723,000, up from $218,636,000 in the same period of 2022, a growth of 9.2% [213]. - Basic earnings per share rose to $1.02 in Q3 2023 from $0.91 in Q3 2022, an increase of 12.1% [213]. - Income before income taxes for the nine months ended September 30, 2023, was $307,522,000, compared to $282,525,000 in the same period of 2022, an increase of 8.8% [213]. Asset and Liability Management - Total assets increased to $2,762,031 thousand as of September 30, 2023, up from $2,516,030 thousand as of December 31, 2022, representing a growth of 9.8% [18]. - Total liabilities increased to $971,070 thousand as of September 30, 2023, from $902,303 thousand as of December 31, 2022, an increase of 7.6% [18]. - Shareholders' equity rose to $1,790,961 thousand as of September 30, 2023, compared to $1,613,727 thousand as of December 31, 2022, representing an increase of 11.0% [18]. - The company’s cash and cash equivalents increased to $176,463 thousand as of September 30, 2023, compared to $44,426 thousand as of December 31, 2022, a substantial increase of 297.5% [18]. - Available assets increased to $2,602,680,000 as of September 30, 2023, from $2,275,487,000 in 2022, marking a growth of approximately 14.4% [209]. - Risk-based required assets were $1,414,233,000 as of September 30, 2023, compared to $1,172,581,000 in 2022, reflecting an increase of about 20.6% [210]. Investment Performance - Net investment income rose to $17,853 thousand in Q3 2023, compared to $11,945 thousand in Q3 2022, marking a 49.5% increase; for the nine months, it increased to $49,265 thousand from $33,065 thousand, a 49.0% rise [21]. - The investment portfolio had gross unrealized losses of $265.2 million as of September 30, 2023, with $250.1 million associated with securities in an unrealized loss position for twelve months or longer [39]. - The amortized cost of total investments as of September 30, 2023, was $2,462.8 million, with a fair value of $2,197.7 million, indicating a significant difference due to market fluctuations [38]. - The company did not recognize an allowance for credit loss for any security in the investment portfolio as of September 30, 2023 [41]. - Gross realized investment gains for the three months ended September 30, 2023, were $0, while gross realized investment losses were $0, resulting in net realized investment losses of $33,000 for the nine months ended September 30, 2023 [44]. Claims and Insurance Operations - The reserve for insurance claims and claim expenses increased to $116,078 thousand as of September 30, 2023, from $99,836 thousand as of December 31, 2022, an increase of 16.3% [18]. - Gross reserves for insurance claims and claim expenses totaled $116.1 million as of September 30, 2023, compared to $94.9 million as of September 30, 2022, reflecting a 22.4% increase [99]. - The company paid 129 claims totaling $3.1 million during the nine months ended September 30, 2023, including $0.6 million of ceded claims and claim expenses [99]. - The total claims incurred for the period were influenced by macroeconomic factors, including unemployment trends and housing values [184]. - The ending default inventory increased to 4,594 loans as of September 30, 2023, from 4,096 loans in 2022, primarily due to growth in the insured portfolio [195]. Reinsurance and Risk Management - NMIC utilizes third-party reinsurance to manage risk and ensure compliance with PMIERs, with quota share agreements reducing premiums written and providing capital relief [137]. - The company ceded aggregate premiums to the Oaktown Re Vehicles of $6.9 million and $24.8 million during the three and nine months ended September 30, 2023, respectively [65]. - The current reinsurance coverage amount for the 2019 ILN Transaction is $163.19 million, down from the initial coverage of $326.91 million [73]. - NMIC holds optional termination rights for each XOL Transaction, allowing termination if the outstanding reinsurance coverage amount amortizes to 10% or less of the initial coverage [79]. - The 2022 Seasoned QSR Transaction allows NMIC to cede 95% of the net risk on eligible policies, scheduled to terminate on June 30, 2032 [91]. Market and Economic Conditions - Macroeconomic factors such as inflation and increasing interest rates could negatively affect the housing market and the mortgage insurance industry, potentially impacting future new insurance written (NIW) volume [131]. - The persistency rate improved to 86.2% at September 30, 2023, up from 80.1% at September 30, 2022, reflecting a slowdown in refinancing activity [163]. - The default rate in the primary insured portfolio was 0.74% as of September 30, 2023, slightly down from 0.75% as of December 31, 2022 [100]. - The average loan size remained stable at $313,000 as of September 30, 2023, consistent with previous quarters [168]. - The company is currently monitoring litigation regarding the refund of certain mortgage insurance premiums, which may impact future financial results [113].

NMI Holdings, Inc. (NASDAQ:NMIH) Q2 2023 Earnings Conference Call August 1, 2023 5:00 PM ET Company Participants John Swenson - VP, IR & Treasury Bradley Shuster - Executive Chairman Adam Pollitzer - President, CEO & Director Ravi Mallela - EVP & CFO Conference Call Participants Douglas Harter - Crédit Suisse Arren Cyganovich - Citigroup Richard Shane - JPMorgan Chase & Co. Mark Hughes - Truist Securities Bose George - KBW Geoffrey Dunn - Dowling & Partners Securities Eric Hagen - BTIG Operator Good afterno ...

NMI Holdings, Inc. (Exact name of registrant as specified in its charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Delaware 45-4914248 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-36174 (855) 530-6642 ...

NMI Holdings, Inc. (NASDAQ:NMIH) Q1 2023 Earnings Conference Call May 2, 2023 5:00 PM ET Company Participants John Swenson – Vice President-Investor Relations Brad Shuster – Executive Chairman Adam Pollitzer – President and Chief Executive Officer Ravi Mallela – Chief Financial Officer Nick Realmuto – Controller Conference Call Participants Arren Cyganovich – Citi Rick Shane – JP Morgan Mark Hughes – Truist Bose George – KBW Geoffrey Dunn – Dowling & Partners Eric Hagen – BTIG Operator Good day. And welcome ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-36174 NMI Holdings, Inc. (Exact name of registrant as specified in its charter) | Title of each class | Trading Sy ...