$MTG
MGIC INVESTMENT CORP Stock $mtg

$mtg Overview Financials Valuation SEC Filings Company Website

2022 Q1 Form 10-Q Financial Statement

#000087643722000027 Filed on May 04, 2022

Income Statement

Concept	2022 Q1	2021 Q1
Revenue	$294.6M	$298.0M
YoY Change	-1.12%	-2.91%
Cost Of Revenue	-$19.31M
YoY Change
Gross Profit	$313.9M
YoY Change
Gross Profit Margin	106.56%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.740M	$2.696M
YoY Change	1.63%	7.41%
% of Gross Profit	0.87%
Operating Expenses	$38.16M	$90.40M
YoY Change	-57.79%	-14.47%
Operating Profit	$275.8M
YoY Change
Interest Expense	-$14.91M	-$18.00M
YoY Change	-17.16%	39.53%
% of Operating Profit	-5.41%
Other Income/Expense, Net
YoY Change
Pretax Income	$219.4M	$189.6M
YoY Change	15.73%	0.73%
Income Tax	$44.43M	$39.60M
% Of Pretax Income	20.25%	20.88%
Net Earnings	$175.0M	$150.0M
YoY Change	16.66%	0.14%
Net Earnings / Revenue	59.4%	50.35%
Basic Earnings Per Share	$0.55	$0.44
Diluted Earnings Per Share	$0.54	$0.43
COMMON SHARES
Basic Shares Outstanding	316.0M shares	338.9M shares
Diluted Shares Outstanding	324.5M shares	356.4M shares

Balance Sheet

Concept	2022 Q1	2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$477.1M	$182.9M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$45.18M	$46.02M
YoY Change	-1.83%	-6.09%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$5.952B	$6.830B
YoY Change	-12.86%	24.39%
Other Assets	$12.78M	$10.00M
YoY Change	27.84%	-23.08%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$6.845B	$7.407B
YoY Change	-7.59%	20.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt	$935.3M	$1.244B
YoY Change	-24.82%	49.34%
Other Long-Term Liabilities	$218.8M	$244.0M
YoY Change	-10.34%	74.29%
Total Long-Term Liabilities	$1.154B	$1.488B
YoY Change	-22.44%	52.93%
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities	$1.154B	$1.488B
Total Liabilities	$2.234B	$2.675B
YoY Change	-16.46%	39.78%
SHAREHOLDERS EQUITY
Retained Earnings	$3.400B	$2.840B
YoY Change	19.72%	17.97%
Common Stock	$2.155B	$2.153B
YoY Change	0.07%	-3.29%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$793.7M	$384.6M
YoY Change	106.4%	-2.26%
Treasury Stock Shares	58.77M shares	32.04M shares
Shareholders Equity	$4.610B	$4.732B
YoY Change
Total Liabilities & Shareholders Equity	$6.845B	$7.407B
YoY Change	-7.59%	20.34%

Cashflow Statement

Concept	2022 Q1	2021 Q1
OPERATING ACTIVITIES
Net Income	$175.0M	$150.0M
YoY Change	16.66%	0.14%
Depreciation, Depletion And Amortization	$2.740M	$2.696M
YoY Change	1.63%	7.41%
Cash From Operating Activities	$228.0M	$198.0M
YoY Change	15.14%	7.44%
INVESTING ACTIVITIES
Capital Expenditures	$888.0K	$441.0K
YoY Change	101.36%	-23.97%
Acquisitions
YoY Change
Other Investing Activities	$350.3M	-$274.1M
YoY Change	-227.81%	-264.43%
Cash From Investing Activities	$349.4M	-$274.5M
YoY Change	-227.3%	-265.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$123.6M	$0.00
YoY Change		-100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$392.5M	-$27.45M
YoY Change	1330.02%	-81.7%
NET CHANGE
Cash From Operating Activities	$228.0M	$198.0M
Cash From Investing Activities	$349.4M	-$274.5M
Cash From Financing Activities	-$392.5M	-$27.45M
Net Change In Cash	$184.9M	-$103.9M
YoY Change	-277.97%	-151.84%
FREE CASH FLOW
Cash From Operating Activities	$228.0M	$198.0M
Capital Expenditures	$888.0K	$441.0K
Free Cash Flow	$227.1M	$197.6M
YoY Change	14.95%	7.54%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000876437
CY2022Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	309601216	shares
CY2022Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
CY2022Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2022Q1	dei	Amendment Flag AmendmentFlag	false
CY2022Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2022Q1	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	6088948000	USD
CY2021Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	6397658000	USD
CY2022Q1	us-gaap	Equity Securities Fv Ni Cost EquitySecuritiesFvNiCost	15966000	USD
CY2021Q4	us-gaap	Equity Securities Fv Ni Cost EquitySecuritiesFvNiCost	15838000	USD
CY2022Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	1
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	1
CY2022Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1000000000	shares
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1000000000	shares
CY2022Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	371353000	shares
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	371353000	shares
CY2021Q1	us-gaap	Accounting Standards Update Extensible List AccountingStandardsUpdateExtensibleList	http://fasb.org/us-gaap/2021-01-31#AccountingStandardsUpdate202006Member
CY2021Q1	us-gaap	Accounting Standards Update Extensible List AccountingStandardsUpdateExtensibleList	http://fasb.org/us-gaap/2021-01-31#AccountingStandardsUpdate202006Member
CY2022Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	312581000	shares
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	320336000	shares
CY2022Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	58772000	shares
CY2021Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	51017000	shares
CY2022Q1	mtg	Statutory Capital Requirements Risk To Capital Ratio For Combined Insurance Operations StatutoryCapitalRequirementsRiskToCapitalRatioForCombinedInsuranceOperations	9.2
CY2022Q1	dei	Document Type DocumentType	10-Q
CY2022Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2022Q1	dei	Document Period End Date DocumentPeriodEndDate	2022-03-31
CY2022Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2022Q1	dei	Entity File Number EntityFileNumber	1-10816
CY2022Q1	dei	Entity Registrant Name EntityRegistrantName	MGIC Investment Corp
CY2022Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	WI
CY2022Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	39-1486475
CY2022Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	250 E. Kilbourn Avenue
CY2022Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	53202
CY2022Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Milwaukee,
CY2022Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	WI
CY2022Q1	dei	City Area Code CityAreaCode	(414)
CY2022Q1	dei	Local Phone Number LocalPhoneNumber	347-6480
CY2022Q1	dei	Security12b Title Security12bTitle	Common stock
CY2022Q1	dei	Trading Symbol TradingSymbol	MTG
CY2022Q1	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2022Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2022Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2022Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2022Q1	dei	Entity Shell Company EntityShellCompany	false
CY2022Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	309601216	shares
CY2022Q1	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	5935916000	USD
CY2021Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	6587581000	USD
CY2022Q1	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	15191000	USD
CY2021Q4	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	16068000	USD
CY2022Q1	us-gaap	Other Investments OtherInvestments	850000	USD
CY2021Q4	us-gaap	Other Investments OtherInvestments	3100000	USD
CY2022Q1	us-gaap	Investments Investments	5951957000	USD
CY2021Q4	us-gaap	Investments Investments	6606749000	USD
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	477113000	USD
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	284690000	USD
CY2022Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	12784000	USD
CY2021Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	20268000	USD
CY2022Q1	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	50400000	USD
CY2021Q4	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	51902000	USD
CY2022Q1	us-gaap	Reinsurance Recoverable For Unpaid Claims And Claims Adjustments ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments	64717000	USD
CY2021Q4	us-gaap	Reinsurance Recoverable For Unpaid Claims And Claims Adjustments ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments	66905000	USD
CY2022Q1	us-gaap	Reinsurance Recoverables On Paid Losses ReinsuranceRecoverablesOnPaidLosses	203000	USD
CY2021Q4	us-gaap	Reinsurance Recoverables On Paid Losses ReinsuranceRecoverablesOnPaidLosses	36275000	USD
CY2022Q1	us-gaap	Premiums Receivable At Carrying Value PremiumsReceivableAtCarryingValue	57338000	USD
CY2021Q4	us-gaap	Premiums Receivable At Carrying Value PremiumsReceivableAtCarryingValue	56540000	USD
CY2022Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	45184000	USD
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	45614000	USD
CY2022Q1	us-gaap	Deferred Policy Acquisition Costs DeferredPolicyAcquisitionCosts	21538000	USD
CY2021Q4	us-gaap	Deferred Policy Acquisition Costs DeferredPolicyAcquisitionCosts	21671000	USD
CY2022Q1	us-gaap	Other Assets OtherAssets	163567000	USD
CY2021Q4	us-gaap	Other Assets OtherAssets	134394000	USD
CY2022Q1	us-gaap	Assets Assets	6844801000	USD
CY2021Q4	us-gaap	Assets Assets	7325008000	USD
CY2022Q1	us-gaap	Liability For Claims And Claims Adjustment Expense Property Casualty Liability LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability	851272000	USD
CY2021Q4	us-gaap	Liability For Claims And Claims Adjustment Expense Property Casualty Liability LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability	883522000	USD
CY2022Q1	us-gaap	Unearned Premiums UnearnedPremiums	229115000	USD
CY2021Q4	us-gaap	Unearned Premiums UnearnedPremiums	241690000	USD
CY2022Q1	us-gaap	Federal Home Loan Bank Advances Branch Of Fhlb Bank Amount Of Advances By Branch FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfAdvancesByBranch	0	USD
CY2021Q4	us-gaap	Federal Home Loan Bank Advances Branch Of Fhlb Bank Amount Of Advances By Branch FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfAdvancesByBranch	155000000	USD
CY2022Q1	us-gaap	Senior Notes SeniorNotes	882040000	USD
CY2021Q4	us-gaap	Senior Notes SeniorNotes	881508000	USD
CY2022Q1	us-gaap	Convertible Subordinated Debt ConvertibleSubordinatedDebt	53239000	USD
CY2021Q4	us-gaap	Convertible Subordinated Debt ConvertibleSubordinatedDebt	110204000	USD
CY2022Q1	us-gaap	Other Liabilities OtherLiabilities	218780000	USD
CY2021Q4	us-gaap	Other Liabilities OtherLiabilities	191702000	USD
CY2022Q1	us-gaap	Liabilities Liabilities	2234446000	USD
CY2021Q4	us-gaap	Liabilities Liabilities	2463626000	USD
CY2022Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2021Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2022Q1	us-gaap	Common Stock Value CommonStockValue	371353000	USD
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	371353000	USD
CY2022Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1783611000	USD
CY2021Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1794906000	USD
CY2022Q1	us-gaap	Treasury Stock Value TreasuryStockValue	793696000	USD
CY2021Q4	us-gaap	Treasury Stock Value TreasuryStockValue	675265000	USD
CY2022Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-150848000	USD
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	119697000	USD
CY2022Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	3399935000	USD
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	3250691000	USD
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	4610355000	USD
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	4861382000	USD
CY2022Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	6844801000	USD
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7325008000	USD
CY2022Q1	us-gaap	Direct Premiums Written DirectPremiumsWritten	274793000	USD
CY2021Q1	us-gaap	Direct Premiums Written DirectPremiumsWritten	283005000	USD
CY2022Q1	us-gaap	Assumed Premiums Written AssumedPremiumsWritten	2031000	USD
CY2021Q1	us-gaap	Assumed Premiums Written AssumedPremiumsWritten	2131000	USD
CY2022Q1	us-gaap	Ceded Premiums Written CededPremiumsWritten	34159000	USD
CY2021Q1	us-gaap	Ceded Premiums Written CededPremiumsWritten	43637000	USD
CY2022Q1	us-gaap	Premiums Written Net PremiumsWrittenNet	242665000	USD
CY2021Q1	us-gaap	Premiums Written Net PremiumsWrittenNet	241499000	USD
CY2022Q1	us-gaap	Increase Decrease In Unearned Premiums Net IncreaseDecreaseInUnearnedPremiumsNet	12575000	USD
CY2021Q1	us-gaap	Increase Decrease In Unearned Premiums Net IncreaseDecreaseInUnearnedPremiumsNet	13546000	USD
CY2022Q1	us-gaap	Premiums Earned Net PremiumsEarnedNet	255240000	USD
CY2021Q1	us-gaap	Premiums Earned Net PremiumsEarnedNet	255045000	USD
CY2022Q1	us-gaap	Net Investment Income NetInvestmentIncome	38262000	USD
CY2021Q1	us-gaap	Net Investment Income NetInvestmentIncome	37893000	USD
CY2022Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	-1505000	USD
CY2021Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	2215000	USD
CY2022Q1	us-gaap	Other Income OtherIncome	2619000	USD
CY2021Q1	us-gaap	Other Income OtherIncome	2804000	USD
CY2022Q1	us-gaap	Revenues Revenues	294616000	USD
CY2021Q1	us-gaap	Revenues Revenues	297957000	USD
CY2022Q1	us-gaap	Incurred Claims Property Casualty And Liability IncurredClaimsPropertyCasualtyAndLiability	-19314000	USD
CY2021Q1	us-gaap	Incurred Claims Property Casualty And Liability IncurredClaimsPropertyCasualtyAndLiability	39636000	USD
CY2022Q1	us-gaap	Deferred Policy Acquisition Cost Amortization Expense DeferredPolicyAcquisitionCostAmortizationExpense	2740000	USD
CY2021Q1	us-gaap	Deferred Policy Acquisition Cost Amortization Expense DeferredPolicyAcquisitionCostAmortizationExpense	2696000	USD
CY2022Q1	us-gaap	Other Underwriting Expense OtherUnderwritingExpense	54732000	USD
CY2021Q1	us-gaap	Other Underwriting Expense OtherUnderwritingExpense	48023000	USD
CY2022Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-22107000	USD
CY2021Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
CY2022Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	14912000	USD
CY2021Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	17985000	USD
CY2022Q1	us-gaap	Benefits Losses And Expenses BenefitsLossesAndExpenses	75177000	USD
CY2021Q1	us-gaap	Benefits Losses And Expenses BenefitsLossesAndExpenses	108340000	USD
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	219439000	USD
CY2021Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	189617000	USD
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	44426000	USD
CY2021Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	39596000	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	175013000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	150021000	USD
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.55
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.44
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.54
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.43
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	315975000	shares
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	338904000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	324538000	shares
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	356383000	shares
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	175013000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	150021000	USD
CY2022Q1	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	-270938000	USD
CY2021Q1	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	-94129000	USD
CY2022Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	-393000	USD
CY2021Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	-873000	USD
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-270545000	USD
CY2021Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-93256000	USD
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-95532000	USD
CY2021Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	56765000	USD
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	4610355000	USD
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	4732293000	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	175013000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	150021000	USD
CY2022Q1	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	15395000	USD
CY2021Q1	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	17422000	USD
CY2022Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	5945000	USD
CY2021Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	2635000	USD
CY2022Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-22107000	USD
CY2021Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
CY2022Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	-1505000	USD
CY2021Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	2215000	USD
CY2022Q1	us-gaap	Increase Decrease In Accrued Investment Income Receivable IncreaseDecreaseInAccruedInvestmentIncomeReceivable	-1502000	USD
CY2021Q1	us-gaap	Increase Decrease In Accrued Investment Income Receivable IncreaseDecreaseInAccruedInvestmentIncomeReceivable	1130000	USD
CY2022Q1	us-gaap	Increase Decrease In Reinsurance Recoverable IncreaseDecreaseInReinsuranceRecoverable	-2188000	USD
CY2021Q1	us-gaap	Increase Decrease In Reinsurance Recoverable IncreaseDecreaseInReinsuranceRecoverable	7859000	USD
CY2022Q1	mtg	Increase Decrease In Reinsurance Recoverable On Paid Losses IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses	36072000	USD
CY2021Q1	mtg	Increase Decrease In Reinsurance Recoverable On Paid Losses IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses	63000	USD
CY2022Q1	us-gaap	Increase Decrease In Premiums Receivable IncreaseDecreaseInPremiumsReceivable	798000	USD
CY2021Q1	us-gaap	Increase Decrease In Premiums Receivable IncreaseDecreaseInPremiumsReceivable	-937000	USD
CY2022Q1	us-gaap	Increase Decrease In Deferred Policy Acquisition Costs IncreaseDecreaseInDeferredPolicyAcquisitionCosts	-133000	USD
CY2021Q1	us-gaap	Increase Decrease In Deferred Policy Acquisition Costs IncreaseDecreaseInDeferredPolicyAcquisitionCosts	774000	USD
CY2022Q1	mtg	Increase Decrease In Profit Commission Receivable IncreaseDecreaseInProfitCommissionReceivable	-6779000	USD
CY2021Q1	mtg	Increase Decrease In Profit Commission Receivable IncreaseDecreaseInProfitCommissionReceivable	5430000	USD
CY2022Q1	us-gaap	Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve	-32250000	USD
CY2021Q1	us-gaap	Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve	32573000	USD
CY2022Q1	us-gaap	Increase Decrease In Unearned Premiums IncreaseDecreaseInUnearnedPremiums	-12575000	USD
CY2021Q1	us-gaap	Increase Decrease In Unearned Premiums IncreaseDecreaseInUnearnedPremiums	-13546000	USD
CY2022Q1	us-gaap	Increase Decrease In Other Insurance Liabilities IncreaseDecreaseInOtherInsuranceLiabilities	-900000	USD
CY2021Q1	us-gaap	Increase Decrease In Other Insurance Liabilities IncreaseDecreaseInOtherInsuranceLiabilities	2900000	USD
CY2022Q1	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	38445000	USD
CY2021Q1	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	36897000	USD
CY2022Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	30550000	USD
CY2021Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	14461000	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	228011000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	198033000	USD
CY2022Q1	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	94017000	USD
CY2021Q1	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	652328000	USD
CY2022Q1	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	218373000	USD
CY2021Q1	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	59378000	USD
CY2022Q1	mtg	Proceeds From Sale Maturity And Collection Of Securities ProceedsFromSaleMaturityAndCollectionOfSecurities	225972000	USD
CY2021Q1	mtg	Proceeds From Sale Maturity And Collection Of Securities ProceedsFromSaleMaturityAndCollectionOfSecurities	318892000	USD
CY2022Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	888000	USD
CY2021Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	441000	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	349440000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-274499000	USD
CY2022Q1	us-gaap	Early Repayment Of Subordinated Debt EarlyRepaymentOfSubordinatedDebt	56965000	USD
CY2021Q1	us-gaap	Early Repayment Of Subordinated Debt EarlyRepaymentOfSubordinatedDebt	0	USD
CY2022Q1	us-gaap	Repayments Of Federal Home Loan Bank Borrowings RepaymentsOfFederalHomeLoanBankBorrowings	155000000	USD
CY2021Q1	us-gaap	Repayments Of Federal Home Loan Bank Borrowings RepaymentsOfFederalHomeLoanBankBorrowings	0	USD
CY2022Q1	mtg	Gain Loss On Debt Extinghuishment Cash Portion GainLossOnDebtExtinghuishmentCashPortion	22107000	USD
CY2021Q1	mtg	Gain Loss On Debt Extinghuishment Cash Portion GainLossOnDebtExtinghuishmentCashPortion	0	USD
CY2022Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	123640000	USD
CY2021Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	USD
CY2022Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	26112000	USD
CY2021Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	20827000	USD
CY2022Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	8688000	USD
CY2021Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	6621000	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-392512000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-27448000	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	184939000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-103914000	USD
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	304958000	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	296680000	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	489897000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	192766000	USD
CY2022Q1	us-gaap	Long Term Debt LongTermDebt	935300000	USD
CY2021Q4	us-gaap	Long Term Debt LongTermDebt	1146700000	USD
CY2022Q1	us-gaap	Federal Home Loan Bank Advances General Debt Obligations Disclosures Repayment And Penalties FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresRepaymentAndPenalties	156300000	USD
CY2022Q1	us-gaap	Interest Paid InterestPaid	26700000	USD
CY2021Q1	us-gaap	Interest Paid InterestPaid	25100000	USD
CY2022Q1	us-gaap	Direct Premiums Earned DirectPremiumsEarned	287273000	USD
CY2021Q1	us-gaap	Direct Premiums Earned DirectPremiumsEarned	296271000	USD
CY2022Q1	us-gaap	Assumed Premiums Earned AssumedPremiumsEarned	2126000	USD
CY2021Q1	us-gaap	Assumed Premiums Earned AssumedPremiumsEarned	2411000	USD
CY2022Q1	us-gaap	Ceded Premiums Earned CededPremiumsEarned	34159000	USD
CY2021Q1	us-gaap	Ceded Premiums Earned CededPremiumsEarned	43637000	USD
CY2022Q1	us-gaap	Premiums Earned Net PremiumsEarnedNet	255240000	USD
CY2021Q1	us-gaap	Premiums Earned Net PremiumsEarnedNet	255045000	USD
CY2022Q1	us-gaap	Policyholder Benefits And Claims Incurred Gross PolicyholderBenefitsAndClaimsIncurredGross	-21092000	USD
CY2021Q1	us-gaap	Policyholder Benefits And Claims Incurred Gross PolicyholderBenefitsAndClaimsIncurredGross	48071000	USD
CY2022Q1	us-gaap	Reinsurance Effect On Claims And Benefits Incurred Amount Assumed ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountAssumed	-207000	USD
CY2021Q1	us-gaap	Reinsurance Effect On Claims And Benefits Incurred Amount Assumed ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountAssumed	-25000	USD
CY2022Q1	us-gaap	Reinsurance Effect On Claims And Benefits Incurred Amount Ceded ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountCeded	-1985000	USD
CY2021Q1	us-gaap	Reinsurance Effect On Claims And Benefits Incurred Amount Ceded ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountCeded	8410000	USD
CY2022Q1	us-gaap	Incurred Claims Property Casualty And Liability IncurredClaimsPropertyCasualtyAndLiability	-19314000	USD
CY2021Q1	us-gaap	Incurred Claims Property Casualty And Liability IncurredClaimsPropertyCasualtyAndLiability	39636000	USD
CY2022Q1	mtg	Average Paid Claims Reduction Due To Curtailments AveragePaidClaimsReductionDueToCurtailments	0.053
CY2021	mtg	Average Paid Claims Reduction Due To Curtailments AveragePaidClaimsReductionDueToCurtailments	0.044
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	175013000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	150021000	USD
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	315975000	shares
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	338904000	shares
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.55
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.44
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	175013000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	150021000	USD
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	176525000	USD
CY2021Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	153733000	USD
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	315975000	shares
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	338904000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	324538000	shares
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	356383000	shares
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.54
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.43
CY2021Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2021Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2022Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2022Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2021Q1	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	-400000	USD
CY2022Q1	us-gaap	Assets Held By Insurance Regulators AssetsHeldByInsuranceRegulators	12800000	USD
CY2021Q4	us-gaap	Assets Held By Insurance Regulators AssetsHeldByInsuranceRegulators	13400000	USD
CY2022Q1	us-gaap	Assets Held In Trust AssetsHeldInTrust	183400000	USD
CY2021Q4	us-gaap	Assets Held In Trust AssetsHeldInTrust	189800000	USD
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities Within One Year Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost	319247000	USD
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	320108000	USD
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost	1575075000	USD
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	1557833000	USD
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost	1747456000	USD
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue	1703148000	USD
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities After Ten Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost	1439400000	USD
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities After Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue	1372806000	USD
CY2022Q1	mtg	Available For Sale Securities Debt Maturities With Single Maturity Date Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithSingleMaturityDateAmortizedCost	5081178000	USD
CY2022Q1	mtg	Available For Sale Securities Debt Maturities With Single Maturity Date Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithSingleMaturityDateFairValue	4953895000	USD
CY2022Q1	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	6088948000	USD
CY2022Q1	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	-1000000	USD
CY2022Q1	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	5935916000	USD
CY2022Q1	us-gaap	Equity Securities Fv Ni Cost EquitySecuritiesFvNiCost	15966000	USD
CY2022Q1	us-gaap	Equity Securities Fv Ni Unrealized Gain EquitySecuritiesFvNiUnrealizedGain	6000	USD
CY2022Q1	us-gaap	Equity Securities Fv Ni Unrealized Loss EquitySecuritiesFvNiUnrealizedLoss	781000	USD
CY2022Q1	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	15191000	USD
CY2021Q4	us-gaap	Equity Securities Fv Ni Cost EquitySecuritiesFvNiCost	15838000	USD
CY2021	us-gaap	Equity Securities Fv Ni Unrealized Gain EquitySecuritiesFvNiUnrealizedGain	264000	USD
CY2021	us-gaap	Equity Securities Fv Ni Unrealized Loss EquitySecuritiesFvNiUnrealizedLoss	34000	USD
CY2021Q4	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	16068000	USD
CY2021Q4	us-gaap	Federal Home Loan Bank Advances General Debt Obligations Disclosures Collateral Pledged1 FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1	167200000	USD
CY2022Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	3219080000	USD
CY2022Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	178797000	USD
CY2022Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	322775000	USD
CY2022Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	27366000	USD
CY2022Q1	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	3541855000	USD
CY2022Q1	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	206163000	USD
CY2021Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	1970111000	USD
CY2021Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	26842000	USD
CY2021Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	85830000	USD
CY2021Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	1625000	USD
CY2021Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	2055941000	USD
CY2021Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	28467000	USD
CY2022Q1	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Number Of Positions DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions	909	security
CY2021Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Number Of Positions DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions	610	security
CY2021Q1	us-gaap	Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense	-1800000	USD
CY2022Q1	us-gaap	Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense	<div style="margin-bottom:3pt;text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Table 11.1 provides a reconciliation of beginning and ending loss reserves as of and for the three months ended March 31, 2022 and 2021.</span></div><div style="margin-bottom:9pt;margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:4.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:64.455%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.494%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.650%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.494%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.652%"/><td style="width:0.1%"/></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Development of reserves for losses and loss adjustment expenses</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #b9d9eb;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Table</span></td><td colspan="3" style="border-top:0.5pt solid #b9d9eb;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7pt;font-weight:700;line-height:100%">11.1</span></div></td><td colspan="3" style="border-top:0.5pt solid #b9d9eb;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #b9d9eb;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #b9d9eb;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #b9d9eb;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three Months Ended March 31,</span></td></tr><tr><td colspan="6" style="border-bottom:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In thousands)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</span></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2021</span></td></tr><tr><td colspan="6" style="border-bottom:0.25pt solid #d0d0ce;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Reserve at beginning of period</span></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"/><td style="border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">883,522</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"/><td style="border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">880,537 </span></td><td style="border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="6" style="border-bottom:0.5pt solid #000000;border-top:0.25pt solid #d0d0ce;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Less reinsurance recoverable</span></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">66,905</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">95,042 </span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="6" style="border-bottom:0.25pt solid #d0d0ce;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net reserve at beginning of period</span></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">816,617</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">785,495 </span></td><td style="border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:3pt"><td colspan="6" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/></tr><tr><td colspan="6" style="border-bottom:0.25pt solid #d0d0ce;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Losses incurred:</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="6" style="border-bottom:0.25pt solid #d0d0ce;border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Losses and LAE incurred in respect of delinquency notices received in:</span></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/></tr><tr><td colspan="6" style="border-bottom:0.25pt solid #d0d0ce;border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Current year</span></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">36,344</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">41,425 </span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="6" style="border-bottom:0.5pt solid #000000;border-top:0.25pt solid #d0d0ce;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Prior years </span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(55,658)</span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,789)</span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="6" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total losses incurred</span></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(19,314)</span></td><td style="border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">39,636 </span></td><td style="border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:3pt"><td colspan="6" style="border-top:0.5pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="6" style="border-bottom:0.25pt solid #d0d0ce;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Losses paid:</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="6" style="border-bottom:0.25pt solid #d0d0ce;border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Losses and LAE paid in respect of delinquency notices received in:</span></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/></tr><tr><td colspan="6" style="border-bottom:0.25pt solid #d0d0ce;border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Current year</span></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">—</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="6" style="border-bottom:0.25pt solid #d0d0ce;border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Prior years</span></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">10,748</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14,922 </span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="6" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total losses paid</span></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">10,748</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14,922 </span></td><td style="border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="6" style="border-bottom:0.25pt solid #d0d0ce;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net reserve at end of period</span></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">786,555</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">810,209 </span></td><td style="border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="6" style="border-bottom:0.5pt solid #000000;border-top:0.25pt solid #d0d0ce;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Plus reinsurance recoverable</span></td><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">64,717</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.25pt solid #d0d0ce;padding:0 1pt"/><td colspan="2" style="border-top:0.25pt solid #d0d0ce;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">102,901 </span></td><td style="border-top:0.25pt solid #d0d0ce;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="6" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Reserve at end of period</span></td><td colspan="3" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"/><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">851,272</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"/><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">913,110 </span></td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:3pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8pt">A positive number for prior year loss reserve development indicates a deficiency of prior year reserves. A negative number for prior year loss reserve development indicates a redundancy of prior year loss reserves. See the following table for more information about prior year loss reserve development.</span></div>
CY2021Q4	us-gaap	Liability For Claims And Claims Adjustment Expense LiabilityForClaimsAndClaimsAdjustmentExpense	883522000	USD
CY2022Q1	us-gaap	Other Assets Fair Value Disclosure OtherAssetsFairValueDisclosure	473712000	USD
CY2022Q1	mtg	Real Estate Assets Acquired Fair Value Disclosure RealEstateAssetsAcquiredFairValueDisclosure	1052000	USD
CY2022Q1	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	6425871000	USD
CY2021Q4	us-gaap	Other Assets Fair Value Disclosure OtherAssetsFairValueDisclosure	254230000	USD
CY2021Q4	mtg	Real Estate Assets Acquired Fair Value Disclosure RealEstateAssetsAcquiredFairValueDisclosure	1507000	USD
CY2021Q4	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	6859386000	USD
CY2022Q1	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	-342462000	USD
CY2021Q1	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	-118045000	USD
CY2022Q1	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	-71917000	USD
CY2021Q1	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	-24789000	USD
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-270545000	USD
CY2021Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-93256000	USD
CY2022Q1	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	-267114000	USD
CY2022Q1	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	3431000	USD
CY2022Q1	us-gaap	Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense	-55700000	USD
CY2020Q4	us-gaap	Liability For Claims And Claims Adjustment Expense LiabilityForClaimsAndClaimsAdjustmentExpense	880537000	USD
CY2021Q4	us-gaap	Reinsurance Recoverable For Unpaid Claims And Claims Adjustments ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments	66905000	USD
CY2020Q4	us-gaap	Reinsurance Recoverable For Unpaid Claims And Claims Adjustments ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments	95042000	USD
CY2021Q4	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Net LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet	816617000	USD
CY2020Q4	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Net LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet	785495000	USD
CY2022Q1	us-gaap	Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense	36344000	USD
CY2021Q1	us-gaap	Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense	41425000	USD
CY2022Q1	us-gaap	Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense	-55658000	USD
CY2021Q1	us-gaap	Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense	-1789000	USD
CY2022Q1	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1 LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1	-19314000	USD
CY2021Q1	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1 LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1	39636000	USD
CY2022Q1	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1 LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1	0	USD
CY2021Q1	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1 LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1	0	USD
CY2022Q1	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1 LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1	10748000	USD
CY2021Q1	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1 LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1	14922000	USD
CY2022Q1	us-gaap	Payments For Losses And Loss Adjustment Expense PaymentsForLossesAndLossAdjustmentExpense	10748000	USD
CY2021Q1	us-gaap	Payments For Losses And Loss Adjustment Expense PaymentsForLossesAndLossAdjustmentExpense	14922000	USD
CY2022Q1	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Net LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet	786555000	USD
CY2021Q1	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Net LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet	810209000	USD
CY2022Q1	us-gaap	Reinsurance Recoverable For Unpaid Claims And Claims Adjustments ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments	64717000	USD
CY2021Q1	us-gaap	Reinsurance Recoverable For Unpaid Claims And Claims Adjustments ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments	102901000	USD
CY2022Q1	us-gaap	Liability For Claims And Claims Adjustment Expense LiabilityForClaimsAndClaimsAdjustmentExpense	851272000	USD
CY2021Q1	us-gaap	Liability For Claims And Claims Adjustment Expense LiabilityForClaimsAndClaimsAdjustmentExpense	913110000	USD
CY2022Q1	us-gaap	Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense	-55658000	USD
CY2021Q1	us-gaap	Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense	-1789000	USD
CY2021Q4	mtg	Primary Default Inventory PrimaryDefaultInventory	33290	loan
CY2020Q4	mtg	Primary Default Inventory PrimaryDefaultInventory	57710	loan
CY2022Q1	mtg	Primary Default Inventory New Notices PrimaryDefaultInventoryNewNotices	10703	loan
CY2021Q1	mtg	Primary Default Inventory New Notices PrimaryDefaultInventoryNewNotices	13011	loan
CY2022Q1	mtg	Primary Default Inventory Cures PrimaryDefaultInventoryCures	13200	loan
CY2021Q1	mtg	Primary Default Inventory Cures PrimaryDefaultInventoryCures	17628	loan
CY2022Q1	mtg	Primary Default Inventory Paids PrimaryDefaultInventoryPaids	322	loan
CY2021Q1	mtg	Primary Default Inventory Paids PrimaryDefaultInventoryPaids	312	loan
CY2022Q1	mtg	Primary Default Inventory Rescissions And Denials PrimaryDefaultInventoryRescissionsAndDenials	9	loan
CY2021Q1	mtg	Primary Default Inventory Rescissions And Denials PrimaryDefaultInventoryRescissionsAndDenials	6	loan
CY2022Q1	mtg	Primary Default Inventory PrimaryDefaultInventory	30462	loan
CY2021Q1	mtg	Primary Default Inventory PrimaryDefaultInventory	52775	loan
CY2022Q1	mtg	Primary Default Inventory Three Months Or Less PrimaryDefaultInventoryThreeMonthsOrLess	7382	loan
CY2021Q4	mtg	Primary Default Inventory Three Months Or Less PrimaryDefaultInventoryThreeMonthsOrLess	7586	loan
CY2021Q1	mtg	Primary Default Inventory Three Months Or Less PrimaryDefaultInventoryThreeMonthsOrLess	9194	loan
CY2022Q1	mtg	Primary Default Inventory Four To Eleven Months PrimaryDefaultInventoryFourToElevenMonths	8131	loan
CY2021Q4	mtg	Primary Default Inventory Four To Eleven Months PrimaryDefaultInventoryFourToElevenMonths	7990	loan
CY2021Q1	mtg	Primary Default Inventory Four To Eleven Months PrimaryDefaultInventoryFourToElevenMonths	29832	loan
CY2022Q1	mtg	Primary Default Inventory Twelve Months Or More PrimaryDefaultInventoryTwelveMonthsOrMore	14949	loan
CY2021Q4	mtg	Primary Default Inventory Twelve Months Or More PrimaryDefaultInventoryTwelveMonthsOrMore	17714	loan
CY2021Q1	mtg	Primary Default Inventory Twelve Months Or More PrimaryDefaultInventoryTwelveMonthsOrMore	13749	loan
CY2022Q1	mtg	Primary Default Inventory PrimaryDefaultInventory	30462	loan
CY2021Q4	mtg	Primary Default Inventory PrimaryDefaultInventory	33290	loan
CY2021Q1	mtg	Primary Default Inventory PrimaryDefaultInventory	52775	loan
CY2022Q1	mtg	Primary Default Inventory Three Months Or Less Percentage PrimaryDefaultInventoryThreeMonthsOrLessPercentage	0.24
CY2021Q4	mtg	Primary Default Inventory Three Months Or Less Percentage PrimaryDefaultInventoryThreeMonthsOrLessPercentage	0.23
CY2021Q1	mtg	Primary Default Inventory Three Months Or Less Percentage PrimaryDefaultInventoryThreeMonthsOrLessPercentage	0.17
CY2022Q1	mtg	Primary Default Inventory Four To Eleven Months Percentage PrimaryDefaultInventoryFourToElevenMonthsPercentage	0.27
CY2021Q4	mtg	Primary Default Inventory Four To Eleven Months Percentage PrimaryDefaultInventoryFourToElevenMonthsPercentage	0.24
CY2021Q1	mtg	Primary Default Inventory Four To Eleven Months Percentage PrimaryDefaultInventoryFourToElevenMonthsPercentage	0.57
CY2022Q1	mtg	Primary Default Inventory Twelve Months Or More Percentage PrimaryDefaultInventoryTwelveMonthsOrMorePercentage	0.49
CY2021Q4	mtg	Primary Default Inventory Twelve Months Or More Percentage PrimaryDefaultInventoryTwelveMonthsOrMorePercentage	0.53
CY2021Q1	mtg	Primary Default Inventory Twelve Months Or More Percentage PrimaryDefaultInventoryTwelveMonthsOrMorePercentage	0.26
CY2022Q1	mtg	Primary Default Inventory Percentage PrimaryDefaultInventoryPercentage	1
CY2021Q4	mtg	Primary Default Inventory Percentage PrimaryDefaultInventoryPercentage	1
CY2021Q1	mtg	Primary Default Inventory Percentage PrimaryDefaultInventoryPercentage	1
CY2022Q1	mtg	Primary Default Inventory Claims Received Inventory PrimaryDefaultInventoryClaimsReceivedInventory	217	loan
CY2021Q4	mtg	Primary Default Inventory Claims Received Inventory PrimaryDefaultInventoryClaimsReceivedInventory	211	loan
CY2021Q1	mtg	Primary Default Inventory Claims Received Inventory PrimaryDefaultInventoryClaimsReceivedInventory	151	loan
CY2022Q1	mtg	Primary Default Inventory Twelve Months Or More Percent Of Primary Default Inventory In Default For Twelve Months Or More In Default For More Than Thirty Six Consecutive Months PrimaryDefaultInventoryTwelveMonthsOrMorePercentOfPrimaryDefaultInventoryInDefaultForTwelveMonthsOrMoreInDefaultForMoreThanThirtySixConsecutiveMonths	0.23
CY2021Q4	mtg	Primary Default Inventory Twelve Months Or More Percent Of Primary Default Inventory In Default For Twelve Months Or More In Default For More Than Thirty Six Consecutive Months PrimaryDefaultInventoryTwelveMonthsOrMorePercentOfPrimaryDefaultInventoryInDefaultForTwelveMonthsOrMoreInDefaultForMoreThanThirtySixConsecutiveMonths	0.20
CY2021Q1	mtg	Primary Default Inventory Twelve Months Or More Percent Of Primary Default Inventory In Default For Twelve Months Or More In Default For More Than Thirty Six Consecutive Months PrimaryDefaultInventoryTwelveMonthsOrMorePercentOfPrimaryDefaultInventoryInDefaultForTwelveMonthsOrMoreInDefaultForMoreThanThirtySixConsecutiveMonths	0.26
CY2022Q1	mtg	Premium Refund Liability Expected Claim Payments PremiumRefundLiabilityExpectedClaimPayments	36400000	USD
CY2021Q4	mtg	Premium Refund Liability Expected Claim Payments PremiumRefundLiabilityExpectedClaimPayments	37300000	USD
CY2022Q1	us-gaap	Description Of Regulatory Capital Requirements Under Insurance Regulations DescriptionOfRegulatoryCapitalRequirementsUnderInsuranceRegulations	25 to 1
CY2022Q1	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	14.99
CY2021	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	15.30
CY2022Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	8500000	shares
CY2021	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	19000000	shares
CY2022Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	372000000	USD
CY2022Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.08
CY2022Q1	us-gaap	Dividends Cash DividendsCash	25800000	USD
CY2022Q1	mtg	Number Of Jurisdictions With Risk To Capital Requirements NumberOfJurisdictionsWithRiskToCapitalRequirements	16	jurisdiction
CY2022Q1	mtg	Risktocapitalratioofcombinedinsuranceoperationsatendofperiod Risktocapitalratioofcombinedinsuranceoperationsatendofperiod	9.2 to 1
CY2022Q1	us-gaap	Statutory Accounting Practices Statutory Net Income Amount StatutoryAccountingPracticesStatutoryNetIncomeAmount	96018000	USD
CY2021Q1	us-gaap	Statutory Accounting Practices Statutory Net Income Amount StatutoryAccountingPracticesStatutoryNetIncomeAmount	47775000	USD
CY2022Q1	us-gaap	Statutory Accounting Practices Statutory Capital And Surplus Balance StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance	1319633000	USD
CY2021Q1	us-gaap	Statutory Accounting Practices Statutory Capital And Surplus Balance StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance	1383114000	USD
CY2022Q1	mtg	Contingency Reserve ContingencyReserve	4263599000	USD
CY2021Q1	mtg	Contingency Reserve ContingencyReserve	3733126000	USD

Files In Submission

Name	View Source	Status
0000876437-22-000027-index-headers.html	Edgar Link	pending
0000876437-22-000027-index.html	Edgar Link	pending
0000876437-22-000027.txt	Edgar Link	pending
0000876437-22-000027-xbrl.zip	Edgar Link	pending
exhibit31110q2022q12022.htm	Edgar Link	pending
exhibit31210q2022q12022.htm	Edgar Link	pending
exhibit3210q2022q12022.htm	Edgar Link	pending
exhibit9910q2022q12022rf.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
mtg-20220331.htm	Edgar Link	pending
mtg-20220331.xsd	Edgar Link	pending
mtg-20220331_cal.xml	Edgar Link	unprocessable
mtg-20220331_def.xml	Edgar Link	unprocessable
mtg-20220331_g1.jpg	Edgar Link	pending
mtg-20220331_g2.jpg	Edgar Link	pending
mtg-20220331_g3.jpg	Edgar Link	pending
mtg-20220331_htm.xml	Edgar Link	completed
mtg-20220331_lab.xml	Edgar Link	unprocessable
mtg-20220331_pre.xml	Edgar Link	unprocessable
mtgexhibit10227q12022.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$MTG
MGIC INVESTMENT CORP Stock $mtg

2022 Q1 Form 10-Q Financial Statement

#000087643722000027 Filed on May 04, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTG MGIC INVESTMENT CORP Stock $mtg

2022 Q1 Form 10-Q Financial Statement

#000087643722000027 Filed on May 04, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTG
MGIC INVESTMENT CORP Stock $mtg