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    <link:label id="lab_nmih_PrimaryRiskinForceAbstract_242025DB3849F1E58D25950407531F8A_label_en-US" xlink:label="lab_nmih_PrimaryRiskinForceAbstract_242025DB3849F1E58D25950407531F8A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Primary Risk in Force [Abstract]</link:label>
    <link:label id="lab_nmih_PrimaryRiskinForceAbstract_242025DB3849F1E58D25950407531F8A_documentation_en-US" xlink:label="lab_nmih_PrimaryRiskinForceAbstract_242025DB3849F1E58D25950407531F8A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Primary Risk in Force [Abstract]</link:label>
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    <link:label id="lab_nmih_PrimaryRiskinForceGross_AC85D52919B11D597365950407538625_label_en-US" xlink:label="lab_nmih_PrimaryRiskinForceGross_AC85D52919B11D597365950407538625" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Primary Risk in Force, Gross</link:label>
    <link:label id="lab_nmih_PrimaryRiskinForceGross_AC85D52919B11D597365950407538625_documentation_en-US" xlink:label="lab_nmih_PrimaryRiskinForceGross_AC85D52919B11D597365950407538625" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Primary Risk in Force, Gross</link:label>
    <link:loc xlink:href="nmih-20131231.xsd#nmih_PrimaryRiskinForceGross" xlink:label="loc_nmih_PrimaryRiskinForceGross_AC85D52919B11D597365950407538625" xlink:type="locator" />
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    <link:label id="lab_nmih_PrimaryRiskinForceAssumed_D5A021CE6B954CA0BD4495040753906F_label_en-US" xlink:label="lab_nmih_PrimaryRiskinForceAssumed_D5A021CE6B954CA0BD4495040753906F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Primary Risk in Force, Assumed</link:label>
    <link:label id="lab_nmih_PrimaryRiskinForceAssumed_D5A021CE6B954CA0BD4495040753906F_documentation_en-US" xlink:label="lab_nmih_PrimaryRiskinForceAssumed_D5A021CE6B954CA0BD4495040753906F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Primary Risk in Force, Assumed</link:label>
    <link:loc xlink:href="nmih-20131231.xsd#nmih_PrimaryRiskinForceAssumed" xlink:label="loc_nmih_PrimaryRiskinForceAssumed_D5A021CE6B954CA0BD4495040753906F" xlink:type="locator" />
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    <link:label id="lab_nmih_PrimaryRiskinForceCeded_59509F22111CF677F8909504075471F4_label_en-US" xlink:label="lab_nmih_PrimaryRiskinForceCeded_59509F22111CF677F8909504075471F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Primary Risk in Force, Ceded</link:label>
    <link:label id="lab_nmih_PrimaryRiskinForceCeded_59509F22111CF677F8909504075471F4_documentation_en-US" xlink:label="lab_nmih_PrimaryRiskinForceCeded_59509F22111CF677F8909504075471F4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Primary Risk in Force, Ceded</link:label>
    <link:loc xlink:href="nmih-20131231.xsd#nmih_PrimaryRiskinForceCeded" xlink:label="loc_nmih_PrimaryRiskinForceCeded_59509F22111CF677F8909504075471F4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_nmih_PrimaryRiskinForceCeded_59509F22111CF677F8909504075471F4" xlink:to="lab_nmih_PrimaryRiskinForceCeded_59509F22111CF677F8909504075471F4" xlink:type="arc" />
    <link:label id="lab_nmih_RiskinForcePrimary_A153A5565E663CC846EE950407548A29_totalLabel_en-US" xlink:label="lab_nmih_RiskinForcePrimary_A153A5565E663CC846EE950407548A29" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total primary risk-in-force</link:label>
    <link:label id="lab_nmih_RiskinForcePrimary_A153A5565E663CC846EE950407548A29_label_en-US" xlink:label="lab_nmih_RiskinForcePrimary_A153A5565E663CC846EE950407548A29" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risk in Force Primary</link:label>
    <link:label id="lab_nmih_RiskinForcePrimary_A153A5565E663CC846EE950407548A29_documentation_en-US" xlink:label="lab_nmih_RiskinForcePrimary_A153A5565E663CC846EE950407548A29" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This concept represents the risk in force (an estimate of the maximum loss exposure that an entity has at any point in time) for insurance writtten on a primary basis. Primary insurance may be written on a flow basis, in which loans are insured in individual, loan-by-loan transactions, or may be written on a bulk basis, in which each loan in a portfolio of loans is individually insured in a single, bulk transaction.</link:label>
    <link:loc xlink:href="nmih-20131231.xsd#nmih_RiskinForcePrimary" xlink:label="loc_nmih_RiskinForcePrimary_A153A5565E663CC846EE950407548A29" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_nmih_RiskinForcePrimary_A153A5565E663CC846EE950407548A29" xlink:to="lab_nmih_RiskinForcePrimary_A153A5565E663CC846EE950407548A29" xlink:type="arc" />
    <link:label id="lab_nmih_MortgageInsuranceRiskinForce_A53A86C1693AD21E0AD995040754919E_totalLabel_en-US" xlink:label="lab_nmih_MortgageInsuranceRiskinForce_A53A86C1693AD21E0AD995040754919E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total risk-in-force</link:label>
    <link:label id="lab_nmih_MortgageInsuranceRiskinForce_A53A86C1693AD21E0AD995040754919E_label_en-US" xlink:label="lab_nmih_MortgageInsuranceRiskinForce_A53A86C1693AD21E0AD995040754919E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Insurance Risk in Force</link:label>
    <link:label id="lab_nmih_MortgageInsuranceRiskinForce_A53A86C1693AD21E0AD995040754919E_documentation_en-US" xlink:label="lab_nmih_MortgageInsuranceRiskinForce_A53A86C1693AD21E0AD995040754919E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This concept represents the risk in force (an estimate of the maximum loss exposure that an entity has at any point in time).</link:label>
    <link:loc xlink:href="nmih-20131231.xsd#nmih_MortgageInsuranceRiskinForce" xlink:label="loc_nmih_MortgageInsuranceRiskinForce_A53A86C1693AD21E0AD995040754919E" xlink:type="locator" />
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    <link:label id="lab_us-gaap_StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_AD55660BED1ED23371B19504075463F5_verboseLabel_en-US" xlink:label="lab_us-gaap_StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_AD55660BED1ED23371B19504075463F5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total statutory policyholders' position</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance" xlink:label="loc_us-gaap_StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_AD55660BED1ED23371B19504075463F5" xlink:type="locator" />
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    <link:label id="lab_nmih_ContingencyReserve_776A081FC9E83ECC5CC395040754306D_terseLabel_en-US" xlink:label="lab_nmih_ContingencyReserve_776A081FC9E83ECC5CC395040754306D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statutory contingency reserve</link:label>
    <link:label id="lab_nmih_ContingencyReserve_776A081FC9E83ECC5CC395040754306D_label_en-US" xlink:label="lab_nmih_ContingencyReserve_776A081FC9E83ECC5CC395040754306D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contingency Reserve</link:label>
    <link:label id="lab_nmih_ContingencyReserve_776A081FC9E83ECC5CC395040754306D_documentation_en-US" xlink:label="lab_nmih_ContingencyReserve_776A081FC9E83ECC5CC395040754306D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Funds separated from retained earnings and held to cover any unforseen future business losses.</link:label>
    <link:loc xlink:href="nmih-20131231.xsd#nmih_ContingencyReserve" xlink:label="loc_nmih_ContingencyReserve_776A081FC9E83ECC5CC395040754306D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_nmih_ContingencyReserve_776A081FC9E83ECC5CC395040754306D" xlink:to="lab_nmih_ContingencyReserve_776A081FC9E83ECC5CC395040754306D" xlink:type="arc" />
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    <link:loc xlink:href="nmih-20131231.xsd#nmih_StatutoryAccountingPracticesStatutoryPolicyholdersSurplusPlusContingencyReserves" xlink:label="loc_nmih_StatutoryAccountingPracticesStatutoryPolicyholdersSurplusPlusContingencyReserves_999A1D1175079037F4B495040754A6B9" xlink:type="locator" />
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    <link:label id="lab_nmih_RiskToCapitalRatioRegulatoryActual_92CAE9835A61983FF980950407546B98_terseLabel_en-US" xlink:label="lab_nmih_RiskToCapitalRatioRegulatoryActual_92CAE9835A61983FF980950407546B98" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risk to capital ratio</link:label>
    <link:label id="lab_nmih_RiskToCapitalRatioRegulatoryActual_92CAE9835A61983FF980950407546B98_label_en-US" xlink:label="lab_nmih_RiskToCapitalRatioRegulatoryActual_92CAE9835A61983FF980950407546B98" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risk To Capital Ratio Regulatory Actual</link:label>
    <link:label id="lab_nmih_RiskToCapitalRatioRegulatoryActual_92CAE9835A61983FF980950407546B98_documentation_en-US" xlink:label="lab_nmih_RiskToCapitalRatioRegulatoryActual_92CAE9835A61983FF980950407546B98" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Risk To Capital Ratio Regulatory Actual</link:label>
    <link:loc xlink:href="nmih-20131231.xsd#nmih_RiskToCapitalRatioRegulatoryActual" xlink:label="loc_nmih_RiskToCapitalRatioRegulatoryActual_92CAE9835A61983FF980950407546B98" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AccountingPoliciesAbstract_44679815979CA7A68FAE8E43A3DC8B5D_label_en-US" xlink:label="lab_us-gaap_AccountingPoliciesAbstract_44679815979CA7A68FAE8E43A3DC8B5D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Policies [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaap_AccountingPoliciesAbstract_44679815979CA7A68FAE8E43A3DC8B5D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_C0AB6CCA594F42CC11858E43A3DD25DC_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_C0AB6CCA594F42CC11858E43A3DD25DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="loc_us-gaap_CashAndCashEquivalentsPolicyTextBlock_C0AB6CCA594F42CC11858E43A3DD25DC" xlink:type="locator" />
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    <link:label id="lab_us-gaap_MarketableSecuritiesAvailableForSaleSecuritiesPolicy_52F26C846718B714BB1E8E43A3DD4ECA_terseLabel_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesAvailableForSaleSecuritiesPolicy_52F26C846718B714BB1E8E43A3DD4ECA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MarketableSecuritiesAvailableForSaleSecuritiesPolicy" xlink:label="loc_us-gaap_MarketableSecuritiesAvailableForSaleSecuritiesPolicy_52F26C846718B714BB1E8E43A3DD4ECA" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_108D5E1C198A6E0CE7548E43A1DBC5AC" xlink:type="locator" />
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    <link:loc xlink:href="nmih-20131231.xsd#nmih_SharebasedCompensationArrangementsbySharebasedPaymentAwardOptionsCanceledinPeriodWeightedAverageExercisePrice" xlink:label="loc_nmih_SharebasedCompensationArrangementsbySharebasedPaymentAwardOptionsCanceledinPeriodWeightedAverageExercisePrice_73C913E9A9BA679ECC118E43A1DB80FA" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_BF1B382A281B641192568E43A1DB40F8_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_BF1B382A281B641192568E43A1DB40F8" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Options beginning balance (in dollars per share)</link:label>
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    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfSharesRollForward_93CBA899007F99E77F278E43A1E07310_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfSharesRollForward_93CBA899007F99E77F278E43A1E07310" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares [Roll Forward]</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfSharesRollForward" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfSharesRollForward_93CBA899007F99E77F278E43A1E07310" xlink:type="locator" />
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    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue_F3A5F689B6A8AC974D728E43A1E0D7A5_periodStartLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue_F3A5F689B6A8AC974D728E43A1E0D7A5" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Options beginning balance (in dollars per share)</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue_F3A5F689B6A8AC974D728E43A1E0D7A5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue_F3A5F689B6A8AC974D728E43A1E0D7A5" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue_F3A5F689B6A8AC974D728E43A1E0D7A5" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_C58F1123BDA395A577418E43A1E0DA18_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_C58F1123BDA395A577418E43A1E0DA18" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Options granted (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_C58F1123BDA395A577418E43A1E0DA18_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_C58F1123BDA395A577418E43A1E0DA18" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_C58F1123BDA395A577418E43A1E0DA18" xlink:type="locator" />
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