Attached files

file filename
10-K - MGIC INVESTMENT CORPORATION FORM 10-K - MGIC INVESTMENT CORPmtg-123117x10k.htm
EX-32 - EXHIBIT 32 - MGIC INVESTMENT CORPmtg-123117xex32.htm
EX-31.2 - EXHIBIT 31.2 - MGIC INVESTMENT CORPmtg-123117xex312.htm
EX-31.1 - EXHIBIT 31.1 - MGIC INVESTMENT CORPmtg-123117xex311.htm
EX-23 - EXHIBIT 23 - MGIC INVESTMENT CORPmtg-123117xex23.htm
EX-21 - EXHIBIT 21 - MGIC INVESTMENT CORPmtg-123117xex21.htm
EX-10.2.19 - EXHIBIT 10.2.19 - MGIC INVESTMENT CORPmtg-123117xex10219.htm
EX-10.2.18 - EXHIBIT 10.2.18 - MGIC INVESTMENT CORPmtg-123117xex10218.htm
EX-10.6 - EXHIBIT 10.6 - MGIC INVESTMENT CORPmtg-123117xex106.htm

Exhibit 12


MGIC INVESTMENT CORPORATION AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(In thousands, except ratio)
 
Year Ended December 31, 2017
 
 
 
Net earnings before taxes
 
$
784,496

 
 
 
Fixed Charges:
 
 
Interest expense
 
54,967

Amortization of debt expense
 
2,068

Rent expense (One-Fourth of all rentals, reasonable approximation of the interest factor)
 
501

Total fixed charges
 
57,536

 
 
 
Net earnings and fixed charges
 
$
842,032

 
 
 
Ratio of Earnings to Fixed Charges
 
14.6