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Home » Store » News » Captive Mortgage Reinsurance Programs Pared Down in 2009 as MIs Recover More Premiums

Captive Mortgage Reinsurance Programs Pared Down in 2009 as MIs Recover More Premiums

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The flow of mortgage insurance premiums to captive reinsurance entities controlled by major mortgage lenders declined significantly in 2009, with two private MIs dramatically scaling down their programs. Private MIs ceded a total of $732.7 million in premiums to lender captives last year, a 30 percent decline from the amount ceded in 2008, according to a... [Includes one chart]
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