2026 Moody’s Upgrades National MI’s Insurer Financial Strength Rating to A2
AUG 25, 2026
Moody's Ratings (Moody's) has upgraded the senior unsecured debt rating of NMI Holdings, Inc. (NMIH) to Baa2 from Baa3. Moody’s also upgraded the insurance financial strength (IFS) rating of National Mortgage Insurance Corporation (NMIC, and together with NMIH, National MI) to A2 from A3. The rating outlook for these entities has changed to stable from positive. The rating upgrades reflect National MI's strong market position in the US mortgage insurance market, its fully scaled and efficient operating platform, as well as its robust profitability and risk-adjusted capital adequacy.
See Moody's Rating Action
See Moody's Rating Action