Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (67350)	8/3/2006 11:07:54 AM
From: shades	Read Replies (2) \| Respond to of 110194

PMI Grp Puts 2006 U.S. Mtge Incurred Loss At $250-$270M DOW JONES NEWSWIRES PMI Group Inc. (PMI) expects total incurred losses for its U.S. Mortgage Insurance operations in 2006 of $250-$270 million and an expense ratio for the same operations at the lower end of the 23-25% range. The Walnut Creek, Calif.-based mortgage insurer said consolidated investment portfolio pretax yield is estimated at 5-5.50% and its consolidated tax rate is seen at 24-26%. Full-year expenses related to stock options and stock based compensation are estimated at $9 million. -Judy McKinnon; 416-306-2100; AskNewswires@dowjones.com (END) Dow Jones Newswires August 03, 2006 10:47 ET (14:47 GMT)