2023 Q1 Form 10-K Financial Statement
#000087643723000013 Filed on February 22, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
Revenue | $284.0M | $292.3M | $1.173B |
YoY Change | -3.62% | -0.63% | -1.09% |
Cost Of Revenue | $6.446M | -$254.6M | |
YoY Change | -133.37% | -494.2% | |
Gross Profit | $277.5M | $1.427B | |
YoY Change | -11.6% | 27.32% | |
Gross Profit Margin | 97.73% | 121.71% | |
Selling, General & Admin | |||
YoY Change | |||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $2.478M | $11.43M | $4.900M |
YoY Change | -9.56% | -29.44% | -12.5% |
% of Gross Profit | 0.89% | 0.34% | |
Operating Expenses | $78.99M | $42.37M | -$5.502M |
YoY Change | 107.0% | 99.1% | -102.0% |
Operating Profit | $198.5M | $1.433B | |
YoY Change | -28.01% | 69.47% | |
Interest Expense | -$9.374M | -$9.381M | -$48.05M |
YoY Change | -37.14% | -45.98% | -32.66% |
% of Operating Profit | -4.72% | -3.35% | |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $195.6M | $240.4M | $1.090B |
YoY Change | -10.86% | 10.01% | 35.95% |
Income Tax | $41.06M | $48.99M | $224.7M |
% Of Pretax Income | 20.99% | 20.38% | 20.61% |
Net Earnings | $154.5M | $191.4M | $865.3M |
YoY Change | -11.69% | 10.07% | 36.28% |
Net Earnings / Revenue | 54.42% | 65.51% | 73.79% |
Basic Earnings Per Share | $0.53 | $2.83 | |
Diluted Earnings Per Share | $0.53 | $0.64 | $2.79 |
COMMON SHARES | |||
Basic Shares Outstanding | 290.4M shares | 297.0M shares | 305.8M shares |
Diluted Shares Outstanding | 294.7M shares | 311.2M shares |
Balance Sheet
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $358.2M | $327.4M | $327.4M |
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 | $40.58M | $41.42M | $41.42M |
YoY Change | -10.19% | -9.2% | -9.2% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $5.579B | $5.425B | $5.425B |
YoY Change | -6.26% | -17.89% | -17.89% |
Other Assets | $108.5M | $130.3M | $130.3M |
YoY Change | 748.97% | 542.88% | 542.88% |
Total Long-Term Assets | |||
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | |||
Total Long-Term Assets | |||
Total Assets | $6.352B | $6.214B | $6.214B |
YoY Change | -7.2% | -15.17% | -15.17% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | |||
YoY Change | |||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $663.2M | $662.8M | $662.8M |
YoY Change | -29.09% | -42.2% | -42.2% |
Other Long-Term Liabilities | $169.5M | $155.0M | $155.0M |
YoY Change | -22.53% | -19.16% | -19.16% |
Total Long-Term Liabilities | $832.7M | $817.8M | $817.8M |
YoY Change | -27.85% | -38.9% | -38.9% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | |||
Total Long-Term Liabilities | $832.7M | $817.8M | $817.8M |
Total Liabilities | $1.575B | $1.571B | $1.571B |
YoY Change | -29.53% | -36.23% | -36.23% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $4.129B | $4.004B | |
YoY Change | 21.45% | 23.18% | |
Common Stock | $2.163B | $2.170B | |
YoY Change | 0.37% | 0.18% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $1.119B | $1.050B | |
YoY Change | 40.99% | 55.53% | |
Treasury Stock Shares | 82.99M shares | 77.92M shares | |
Shareholders Equity | $4.778B | $4.643B | $4.643B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $6.352B | $6.214B | $6.214B |
YoY Change | -7.2% | -15.17% | -15.17% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $154.5M | $191.4M | $865.3M |
YoY Change | -11.69% | 10.07% | 36.28% |
Depreciation, Depletion And Amortization | $2.478M | $11.43M | $4.900M |
YoY Change | -9.56% | -29.44% | -12.5% |
Cash From Operating Activities | $212.3M | $166.2M | $650.0M |
YoY Change | -6.9% | -9.62% | -6.65% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $363.0K | $852.0K | $3.254M |
YoY Change | -59.12% | -149.33% | -20.92% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$64.82M | $30.38M | $413.7M |
YoY Change | -118.5% | -87.3% | -364.14% |
Cash From Investing Activities | -$65.18M | $29.52M | $410.5M |
YoY Change | -118.65% | -87.57% | -355.36% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $385.6M | ||
YoY Change | 32.58% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -$113.4M | -112.6M | -$1.033B |
YoY Change | -71.1% | -62.75% | 95.82% |
NET CHANGE | |||
Cash From Operating Activities | $212.3M | 166.2M | $650.0M |
Cash From Investing Activities | -$65.18M | 29.52M | $410.5M |
Cash From Financing Activities | -$113.4M | -112.6M | -$1.033B |
Net Change In Cash | $33.66M | 83.16M | $27.96M |
YoY Change | -81.8% | -30.15% | 237.7% |
FREE CASH FLOW | |||
Cash From Operating Activities | $212.3M | $166.2M | $650.0M |
Capital Expenditures | $363.0K | $852.0K | $3.254M |
Free Cash Flow | $211.9M | $165.4M | $646.8M |
YoY Change | -6.69% | -10.92% | -6.57% |
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CY2021 | mtg |
Net Gains Losses On Investments And Other Financial Instruments
NetGainsLossesOnInvestmentsAndOtherFinancialInstruments
|
5861000 | usd |
CY2020 | mtg |
Net Gains Losses On Investments And Other Financial Instruments
NetGainsLossesOnInvestmentsAndOtherFinancialInstruments
|
12576000 | usd |
CY2022 | us-gaap |
Other Income
OtherIncome
|
5639000 | usd |
CY2021 | us-gaap |
Other Income
OtherIncome
|
8957000 | usd |
CY2020 | us-gaap |
Other Income
OtherIncome
|
10231000 | usd |
CY2022 | us-gaap |
Revenues
Revenues
|
1172785000 | usd |
CY2021 | us-gaap |
Revenues
Revenues
|
1185675000 | usd |
CY2020 | us-gaap |
Revenues
Revenues
|
1199146000 | usd |
CY2022 | us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
-254565000 | usd |
CY2021 | us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
64577000 | usd |
CY2020 | us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
364774000 | usd |
CY2022 | us-gaap |
Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
|
12366000 | usd |
CY2021 | us-gaap |
Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
|
12602000 | usd |
CY2020 | us-gaap |
Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
|
12380000 | usd |
CY2022 | us-gaap |
Other Underwriting Expense
OtherUnderwritingExpense
|
236697000 | usd |
CY2021 | us-gaap |
Other Underwriting Expense
OtherUnderwritingExpense
|
198445000 | usd |
CY2020 | us-gaap |
Other Underwriting Expense
OtherUnderwritingExpense
|
176398000 | usd |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-40199000 | usd |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-36914000 | usd |
CY2020 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-26736000 | usd |
CY2022 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
48054000 | usd |
CY2021 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
71360000 | usd |
CY2020 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
59595000 | usd |
CY2022 | us-gaap |
Benefits Losses And Expenses
BenefitsLossesAndExpenses
|
82751000 | usd |
CY2021 | us-gaap |
Benefits Losses And Expenses
BenefitsLossesAndExpenses
|
383898000 | usd |
CY2020 | us-gaap |
Benefits Losses And Expenses
BenefitsLossesAndExpenses
|
639883000 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1090034000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
801777000 | usd |
CY2020 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
559263000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
224685000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
166794000 | usd |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
113170000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
865349000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
634983000 | usd |
CY2022 | mtg |
Discretionary Profit Sharing Contribution As Percentage Of Participants Eligible Compensation
DiscretionaryProfitSharingContributionAsPercentageOfParticipantsEligibleCompensation
|
0.05 | |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
446093000 | usd |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.83 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.90 | |
CY2020 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.31 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.79 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.85 | |
CY2020 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.29 | |
CY2020 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.29 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
305847000 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
334330000 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
339953000 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
311229000 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
351308000 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
359293000 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
359293000 | shares |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
865349000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
634983000 | usd |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
446093000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-558534000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-122099000 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
133616000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
42674000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
-24975000 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
-10497000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-97124000 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
144113000 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
264141000 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
537859000 | usd |
CY2020 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
590206000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4642740000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4861382000 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4698986000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
865349000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
634983000 | usd |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
446093000 | usd |
CY2022 | us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
54252000 | usd |
CY2021 | us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
66014000 | usd |
CY2020 | us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
57812000 | usd |
CY2022 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
4367000 | usd |
CY2021 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-5188000 | usd |
CY2020 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-27475000 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
24771000 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
17109000 | usd |
CY2020 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
13803000 | usd |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-40199000 | usd |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-36914000 | usd |
CY2020 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-26736000 | usd |
CY2022 | mtg |
Net Gains Losses On Investments And Other Financial Instruments
NetGainsLossesOnInvestmentsAndOtherFinancialInstruments
|
-7463000 | usd |
CY2021 | mtg |
Net Gains Losses On Investments And Other Financial Instruments
NetGainsLossesOnInvestmentsAndOtherFinancialInstruments
|
5861000 | usd |
CY2020 | mtg |
Net Gains Losses On Investments And Other Financial Instruments
NetGainsLossesOnInvestmentsAndOtherFinancialInstruments
|
12576000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
3276000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
1905000 | usd |
CY2020 | us-gaap |
Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
292000 | usd |
CY2022 | us-gaap |
Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
|
-38665000 | usd |
CY2021 | us-gaap |
Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
|
-28137000 | usd |
CY2020 | us-gaap |
Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
|
73401000 | usd |
CY2022 | mtg |
Increase Decrease In Reinsurance Recoverable On Paid Losses
IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses
|
18194000 | usd |
CY2021 | mtg |
Increase Decrease In Reinsurance Recoverable On Paid Losses
IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses
|
-35606000 | usd |
CY2020 | mtg |
Increase Decrease In Reinsurance Recoverable On Paid Losses
IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses
|
852000 | usd |
CY2022 | us-gaap |
Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
|
1460000 | usd |
CY2021 | us-gaap |
Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
|
496000 | usd |
CY2020 | us-gaap |
Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
|
457000 | usd |
CY2022 | us-gaap |
Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
|
-2609000 | usd |
CY2021 | us-gaap |
Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
|
110000 | usd |
CY2020 | us-gaap |
Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
|
3030000 | usd |
CY2022 | mtg |
Increase Decrease In Profit Commission Receivable
IncreaseDecreaseInProfitCommissionReceivable
|
-4724000 | usd |
CY2021 | mtg |
Increase Decrease In Profit Commission Receivable
IncreaseDecreaseInProfitCommissionReceivable
|
19245000 | usd |
CY2020 | mtg |
Increase Decrease In Profit Commission Receivable
IncreaseDecreaseInProfitCommissionReceivable
|
-4586000 | usd |
CY2022 | us-gaap |
Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve
IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve
|
-325534000 | usd |
CY2021 | us-gaap |
Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve
IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve
|
2985000 | usd |
CY2020 | us-gaap |
Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve
IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve
|
325203000 | usd |
CY2022 | us-gaap |
Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
|
-46401000 | usd |
CY2021 | us-gaap |
Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
|
-45409000 | usd |
CY2020 | us-gaap |
Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
|
-93203000 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Insurance Liabilities
IncreaseDecreaseInOtherInsuranceLiabilities
|
-11800000 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Insurance Liabilities
IncreaseDecreaseInOtherInsuranceLiabilities
|
7200000 | usd |
CY2020 | us-gaap |
Increase Decrease In Other Insurance Liabilities
IncreaseDecreaseInOtherInsuranceLiabilities
|
-500000 | usd |
CY2022 | us-gaap |
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
-8549000 | usd |
CY2021 | us-gaap |
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
5429000 | usd |
CY2020 | us-gaap |
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
6271000 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
4827000 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-990000 | usd |
CY2020 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-6937000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
650012000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
696317000 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
732309000 | usd |
CY2022 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
674406000 | usd |
CY2021 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
1531129000 | usd |
CY2020 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
2636972000 | usd |
CY2022 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
399661000 | usd |
CY2021 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
473904000 | usd |
CY2020 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
836851000 | usd |
CY2022 | mtg |
Proceeds From Sale Maturity And Collection Of Securities
ProceedsFromSaleMaturityAndCollectionOfSecurities
|
688484000 | usd |
CY2021 | mtg |
Proceeds From Sale Maturity And Collection Of Securities
ProceedsFromSaleMaturityAndCollectionOfSecurities
|
900591000 | usd |
CY2020 | mtg |
Proceeds From Sale Maturity And Collection Of Securities
ProceedsFromSaleMaturityAndCollectionOfSecurities
|
1030926000 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3254000 | usd |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4115000 | usd |
CY2020 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3311000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
410485000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-160749000 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-772506000 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | usd |
CY2020 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
640250000 | usd |
CY2022 | mtg |
Purchase Of Senior Notes
PurchaseOfSeniorNotes
|
0 | usd |
CY2021 | mtg |
Purchase Of Senior Notes
PurchaseOfSeniorNotes
|
0 | usd |
CY2020 | mtg |
Purchase Of Senior Notes
PurchaseOfSeniorNotes
|
179735000 | usd |
CY2022 | mtg |
Payment Of Original Issue Discount Senior Notes
PaymentOfOriginalIssueDiscountSeniorNotes
|
0 | usd |
CY2021 | mtg |
Payment Of Original Issue Discount Senior Notes
PaymentOfOriginalIssueDiscountSeniorNotes
|
0 | usd |
CY2020 | mtg |
Payment Of Original Issue Discount Senior Notes
PaymentOfOriginalIssueDiscountSeniorNotes
|
2969000 | usd |
CY2022 | us-gaap |
Early Repayment Of Subordinated Debt
EarlyRepaymentOfSubordinatedDebt
|
89118000 | usd |
CY2021 | us-gaap |
Early Repayment Of Subordinated Debt
EarlyRepaymentOfSubordinatedDebt
|
98610000 | usd |
CY2020 | us-gaap |
Early Repayment Of Subordinated Debt
EarlyRepaymentOfSubordinatedDebt
|
36392000 | usd |
CY2022 | mtg |
Payment Of Original Issue Discount Convertible Junior Subordinated Debentures
PaymentOfOriginalIssueDiscountConvertibleJuniorSubordinatedDebentures
|
0 | usd |
CY2021 | mtg |
Payment Of Original Issue Discount Convertible Junior Subordinated Debentures
PaymentOfOriginalIssueDiscountConvertibleJuniorSubordinatedDebentures
|
0 | usd |
CY2020 | mtg |
Payment Of Original Issue Discount Convertible Junior Subordinated Debentures
PaymentOfOriginalIssueDiscountConvertibleJuniorSubordinatedDebentures
|
15049000 | usd |
CY2022 | us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
242296000 | usd |
CY2021 | us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
0 | usd |
CY2020 | us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
0 | usd |
CY2022 | us-gaap |
Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
|
155000000 | usd |
CY2021 | us-gaap |
Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
|
0 | usd |
CY2020 | us-gaap |
Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
|
0 | usd |
CY2022 | mtg |
Gain Loss On Debt Extinghuishment Cash Portion
GainLossOnDebtExtinghuishmentCashPortion
|
39514000 | usd |
CY2021 | mtg |
Gain Loss On Debt Extinghuishment Cash Portion
GainLossOnDebtExtinghuishmentCashPortion
|
36914000 | usd |
CY2020 | mtg |
Gain Loss On Debt Extinghuishment Cash Portion
GainLossOnDebtExtinghuishmentCashPortion
|
25266000 | usd |
CY2022 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
385573000 | usd |
CY2021 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
290818000 | usd |
CY2020 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
119997000 | usd |
CY2022 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
110947000 | usd |
CY2021 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
94219000 | usd |
CY2020 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
82061000 | usd |
CY2022 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | usd |
CY2021 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | usd |
CY2020 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
2020000 | usd |
CY2022 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
10094000 | usd |
CY2021 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
6729000 | usd |
CY2020 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
8940000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1032542000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-527290000 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
167821000 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
27955000 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
8278000 | usd |
CY2020 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
127624000 | 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 |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
169056000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
332913000 | 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 |
CY2022 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="margin-bottom:1pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:225.00pt"><tr><td style="width:1.0pt"/><td style="width:40.00pt"/><td style="width:1.0pt"/><td style="width:1.0pt"/><td style="width:4.00pt"/><td style="width:1.0pt"/><td style="width:1.0pt"/><td style="width:175.00pt"/><td style="width:1.0pt"/></tr><tr style="height:15pt"><td colspan="3" style="background-color:#003b5c;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">NOTE 1</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:justify"><span style="color:#003b5c;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Nature of Business</span></div></td></tr></table></div><div style="text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:120%">MGIC Investment Corporation is a holding company which, through Mortgage Guaranty Insurance Corporation ("MGIC"), is principally engaged in the mortgage insurance business. We provide mortgage insurance to lenders throughout the United States and to government sponsored entities to protect against loss from defaults on low down payment residential mortgage loans. Primary mortgage insurance provides mortgage default protection on individual loans and covers a percentage of the unpaid loan principal, delinquent interest and certain expenses associated with the default and subsequent foreclosure or sale approved by us, of the underlying property. MGIC Assurance Corporation ("MAC") and MGIC Indemnity Corporation ("MIC"), insurance subsidiaries of MGIC, provide insurance for certain mortgages under Fannie Mae and Freddie Mac (the "GSEs") credit risk transfer programs.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Through certain non-insurance subsidiaries, we also provide certain services for the mortgage finance industry, such as contract underwriting. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:120%">At December 31, 2022, our direct primary insurance in force ("IIF") was $295.3 billion, which represents the principal balance in our records of all mortgage loans that we insure, and our direct primary risk in force ("RIF") was $76.5 billion, which represents the IIF multiplied by the insurance coverage percentage. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The substantial majority of our NIW is for loans purchased by the GSEs. The current private mortgage insurer eligibility requirements ("PMIERs") of the GSEs include financial requirements, as well as business, quality control and certain transactional approval requirements. The financial requirements of the PMIERs require a mortgage insurer’s "Available Assets" (generally only the most liquid assets of an insurer) to equal or exceed its "Minimum Required Assets" (which are based on an insurer's book of risk in force, calculated from tables of factors with several risk dimensions). Based on our application of the PMIERs, as of December 31, 2022, MGIC’s Available Assets are in excess of its Minimum Required Assets; and MGIC is in compliance with the PMIERs and eligible to insure loans purchased by the GSEs.</span></div>The COVID-19 pandemic materially impacted our 2020 financial results as we reserved for losses associated with the increased delinquency inventory. Through December 31, 2022 the vast majority of those delinquency notices have cured resulting in favorable loss reserve development. We have addressed the impacts of COVID-19 throughout this document. | |
CY2022Q4 | mtg |
Direct Domestic Primary Insurance In Force
DirectDomesticPrimaryInsuranceInForce
|
295300000000 | usd |
CY2022Q4 | mtg |
Direct Domestic Primary Risk In Force
DirectDomesticPrimaryRiskInForce
|
76500000000 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
57100000 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
55400000 | usd |
CY2020Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
51200000 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
4900000 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
5600000 | usd |
CY2020 | us-gaap |
Depreciation
Depreciation
|
6300000 | usd |
CY2022 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
0 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
865349000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
634983000 | usd |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
446093000 | usd |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
305847000 | shares |
CY2022 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
|
1 | |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
334330000 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
339953000 | shares |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.83 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.90 | |
CY2020 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.31 | |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
865349000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
634983000 | usd |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
446093000 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
868577000 | usd |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
649326000 | usd |
CY2020 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
463097000 | usd |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
305847000 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
334330000 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
339953000 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
311229000 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
351308000 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
359293000 | shares |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.79 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.85 | |
CY2020 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.29 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2022Q4 | us-gaap |
Assets Held By Insurance Regulators
AssetsHeldByInsuranceRegulators
|
11800000 | usd |
CY2021Q4 | us-gaap |
Assets Held By Insurance Regulators
AssetsHeldByInsuranceRegulators
|
13400000 | usd |
CY2022Q4 | us-gaap |
Assets Held In Trust
AssetsHeldInTrust
|
128400000 | usd |
CY2022Q4 | us-gaap |
Assets Held In Trust
AssetsHeldInTrust
|
128400000 | usd |
CY2021Q4 | us-gaap |
Assets Held In Trust
AssetsHeldInTrust
|
189800000 | usd |
CY2021Q4 | us-gaap |
Assets Held In Trust
AssetsHeldInTrust
|
189800000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
|
452188000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
445210000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
|
1358606000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
|
1288152000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
|
1890875000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
|
1713608000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
|
1279209000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
|
1076984000 | usd |
CY2022Q4 | mtg |
Available For Sale Securities Debt Maturities With Single Maturity Date Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithSingleMaturityDateAmortizedCost
|
4980878000 | usd |
CY2022Q4 | mtg |
Available For Sale Securities Debt Maturities With Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithSingleMaturityDateFairValue
|
4523954000 | usd |
CY2022 | us-gaap |
Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
|
7152000 | usd |
CY2021 | us-gaap |
Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
|
8980000 | usd |
CY2020 | us-gaap |
Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
|
21272000 | usd |
CY2022 | us-gaap |
Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
|
15477000 | usd |
CY2021 | us-gaap |
Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
|
1942000 | usd |
CY2020 | us-gaap |
Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
|
8809000 | usd |
CY2022 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss Period Increase Decrease
DebtSecuritiesAvailableForSaleAllowanceForCreditLossPeriodIncreaseDecrease
|
0 | usd |
CY2021 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss Period Increase Decrease
DebtSecuritiesAvailableForSaleAllowanceForCreditLossPeriodIncreaseDecrease
|
49000 | usd |
CY2020 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss Period Increase Decrease
DebtSecuritiesAvailableForSaleAllowanceForCreditLossPeriodIncreaseDecrease
|
-49000 | usd |
CY2022 | us-gaap |
Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings
|
-1415000 | usd |
CY2021 | us-gaap |
Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings
|
0 | usd |
CY2020 | us-gaap |
Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings
|
-331000 | usd |
CY2022 | us-gaap |
Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
|
-7000 | usd |
CY2021 | us-gaap |
Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
|
4000 | usd |
CY2020 | us-gaap |
Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
|
1344000 | usd |
CY2022 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
-2013000 | usd |
CY2021 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
-463000 | usd |
CY2020 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
552000 | usd |
CY2022 | us-gaap |
Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
|
4269000 | usd |
CY2021 | us-gaap |
Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
|
-721000 | usd |
CY2020 | us-gaap |
Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
|
-1176000 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
|
2000 | usd |
CY2021 | us-gaap |
Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
|
-33000 | usd |
CY2020 | us-gaap |
Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
|
-231000 | usd |
CY2022 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
26000 | usd |
CY2021 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-13000 | usd |
CY2020 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
4000 | usd |
CY2022 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-7463000 | usd |
CY2021 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
5861000 | usd |
CY2020 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
12576000 | usd |
CY2022 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
397553000 | usd |
CY2021 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
471783000 | usd |
CY2020 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
803401000 | usd |
CY2022 | us-gaap |
Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
|
97000 | usd |
CY2021 | us-gaap |
Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
|
2621000 | usd |
CY2020 | us-gaap |
Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
|
25693000 | usd |
CY2021Q4 | us-gaap |
Federal Home Loan Bank Advances General Debt Obligations Disclosures Collateral Pledged1
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1
|
167200000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
|
3411256000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
298637000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
|
1592040000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
224403000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
|
5003296000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
|
523040000 | 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 |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
|
1226 | security |
CY2021Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
|
610 | security |
CY2022 | us-gaap |
Gross Investment Income Operating
GrossInvestmentIncomeOperating
|
171843000 | usd |
CY2021 | us-gaap |
Gross Investment Income Operating
GrossInvestmentIncomeOperating
|
160598000 | usd |
CY2020 | us-gaap |
Gross Investment Income Operating
GrossInvestmentIncomeOperating
|
159608000 | usd |
CY2022 | us-gaap |
Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
|
4367000 | usd |
CY2021 | us-gaap |
Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
|
4160000 | usd |
CY2020 | us-gaap |
Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
|
5212000 | usd |
CY2022 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
167476000 | usd |
CY2021 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
156438000 | usd |
CY2020 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
154396000 | usd |
CY2022Q4 | us-gaap |
Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
|
328756000 | usd |
CY2022Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
5752594000 | usd |
CY2021Q4 | us-gaap |
Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
|
254230000 | usd |
CY2021Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
6857879000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
662800000 | usd |
CY2021Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1146700000 | usd |
CY2022 | us-gaap |
Interest Paid
InterestPaid
|
53700000 | usd |
CY2021 | us-gaap |
Interest Paid
InterestPaid
|
71700000 | usd |
CY2020 | us-gaap |
Interest Paid
InterestPaid
|
54300000 | usd |
CY2022 | mtg |
Minimum Number Of Payments Past Due To Be In Default
MinimumNumberOfPaymentsPastDueToBeInDefault
|
2 | payment |
CY2022 | us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
|
-404100000 | usd |
CY2021 | us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
|
-60000000 | usd |
CY2022 | us-gaap |
Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
|
<div style="text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Table 8.1 provides a reconciliation of beginning and ending loss reserves as of and for the past three years:</span></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.861%"><tr><td style="width:1.0%"/><td style="width:4.463%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:44.518%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.495%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.477%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.495%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.477%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.495%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.480%"/><td style="width:0.1%"/></tr><tr><td colspan="24" 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 loss reserves </span></td></tr><tr><td colspan="3" style="border-top:2pt 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:2pt 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%">8.1</span></div></td><td colspan="3" style="border-top:2pt solid #b9d9eb;padding:0 1pt"/><td colspan="3" style="border-top:2pt solid #b9d9eb;padding:0 1pt"/><td colspan="3" style="border-top:2pt solid #b9d9eb;padding:0 1pt"/><td colspan="3" style="border-top:2pt solid #b9d9eb;padding:0 1pt"/><td colspan="3" style="border-top:2pt solid #b9d9eb;padding:0 1pt"/><td colspan="3" style="border-top:2pt solid #b9d9eb;padding:0 1pt"/></tr><tr><td colspan="6" style="border-bottom:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><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="padding:2px 1pt;text-align:center;vertical-align:top"><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="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2020</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:top"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Reserve at beginning of year</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%">$</span></td><td style="border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">880,537 </span></td><td style="border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"/><td style="border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</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%">555,334 </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:top"><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"/><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%">21,641 </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 year</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"/><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%">533,693 </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:6pt"><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"/><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:top"><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"/><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 delinquent 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"/><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 12.25pt;text-align:left;vertical-align:top"><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%">149,565</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%">124,592 </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%">345,170 </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:top"><div style="padding-left:11.25pt"><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%">(404,130)</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%">(60,015)</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%">19,604 </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 12.25pt;text-align:left;vertical-align:top"><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%">(254,565)</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%">64,577 </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%">364,774 </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"/><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:top"><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"/><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 delinquent 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"/><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 12.25pt;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%">362</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%">664 </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%">3,069 </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 12.25pt;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%">49,626</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%">68,769 </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%">109,923 </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:11.25pt"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Reinsurance terminations </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">(2)</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%">(17,684)</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%">(35,978)</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%">(20)</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 12.25pt;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%">32,304</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%">33,455 </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%">112,972 </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 year</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%">529,748</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%">816,617 </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><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 recoverables</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%">28,240</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%">66,905 </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:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 1pt 2px 14.5pt;text-align:left;text-indent:-13.5pt;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reserve at end of year</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%">$</span></td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">557,988</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"/><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</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%">883,522 </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%">880,537 </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:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.52pt">A positive number for prior year loss development indicates a deficiency of prior year reserves. A negative number for prior year loss development indicates a redundancy of prior year loss reserves. See the following table for more information about prior year loss development.</span></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:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.52pt">In a reinsurance termination, amounts for any incurred but unpaid losses are due to us from the reinsurers. As a result, the amount due from the reinsurers is reclassified from reinsurance recoverable on loss reserves to reinsurance recoverable on paid losses, resulting in no impact to losses incurred. (See </span><span style="color:#0000ff;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><a href="#i7d433c74f4ca4736b259e948b2b543f1_163" style="color:#0000ff;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">Note 9 - "Reinsurance"</a></span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:120%">)</span></div> | |
CY2021Q4 | us-gaap |
Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
|
883522000 | usd |
CY2020Q4 | us-gaap |
Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
|
880537000 | usd |
CY2019Q4 | us-gaap |
Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
|
555334000 | 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 |
CY2019Q4 | us-gaap |
Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments
|
21641000 | 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 |
CY2019Q4 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
|
533693000 | usd |
CY2022 | us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
|
149565000 | usd |
CY2021 | us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
|
124592000 | usd |
CY2020 | us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
|
345170000 | usd |
CY2022 | us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
|
-404130000 | usd |
CY2021 | us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
|
-60015000 | usd |
CY2020 | us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
|
19604000 | usd |
CY2022 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1
|
-254565000 | usd |
CY2021 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1
|
64577000 | usd |
CY2020 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1
|
364774000 | usd |
CY2022 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
|
362000 | usd |
CY2021 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
|
664000 | usd |
CY2020 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
|
3069000 | usd |
CY2022 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
|
49626000 | usd |
CY2021 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
|
68769000 | usd |
CY2020 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
|
109923000 | usd |
CY2022 | mtg |
Reinsurance Terminations
ReinsuranceTerminations
|
17684000 | usd |
CY2021 | mtg |
Reinsurance Terminations
ReinsuranceTerminations
|
35978000 | usd |
CY2020 | mtg |
Reinsurance Terminations
ReinsuranceTerminations
|
20000 | usd |
CY2022 | us-gaap |
Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
|
32304000 | usd |
CY2021 | us-gaap |
Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
|
33455000 | usd |
CY2020 | us-gaap |
Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
|
112972000 | usd |
CY2022Q4 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
|
529748000 | 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 |
CY2022Q4 | us-gaap |
Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments
|
28240000 | 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 |
CY2022Q4 | us-gaap |
Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
|
557988000 | usd |
CY2021Q4 | us-gaap |
Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
|
883522000 | usd |
CY2020Q4 | us-gaap |
Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
|
880537000 | usd |
CY2022 | us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
|
-404130000 | usd |
CY2021 | us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
|
-60015000 | usd |
CY2020 | us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
|
19604000 | usd |
CY2021Q4 | mtg |
Primary Default Inventory
PrimaryDefaultInventory
|
33290 | loan |
CY2020Q4 | mtg |
Primary Default Inventory
PrimaryDefaultInventory
|
57710 | loan |
CY2019Q4 | mtg |
Primary Default Inventory
PrimaryDefaultInventory
|
30028 | loan |
CY2022 | mtg |
Primary Default Inventory New Notices
PrimaryDefaultInventoryNewNotices
|
42988 | loan |
CY2021 | mtg |
Primary Default Inventory New Notices
PrimaryDefaultInventoryNewNotices
|
42432 | loan |
CY2022 | mtg |
Primary Default Inventory Other Items Removed
PrimaryDefaultInventoryOtherItemsRemoved
|
289 | loan |
CY2020 | mtg |
Primary Default Inventory New Notices
PrimaryDefaultInventoryNewNotices
|
106099 | loan |
CY2022 | mtg |
Primary Default Inventory Cures
PrimaryDefaultInventoryCures
|
48262 | loan |
CY2021 | mtg |
Primary Default Inventory Cures
PrimaryDefaultInventoryCures
|
64896 | loan |
CY2020 | mtg |
Primary Default Inventory Cures
PrimaryDefaultInventoryCures
|
76107 | loan |
CY2022 | mtg |
Primary Default Inventory Paids
PrimaryDefaultInventoryPaids
|
1305 | loan |
CY2021 | mtg |
Primary Default Inventory Paids
PrimaryDefaultInventoryPaids
|
1223 | loan |
CY2020 | mtg |
Primary Default Inventory Paids
PrimaryDefaultInventoryPaids
|
2245 | loan |
CY2022 | mtg |
Primary Default Inventory Rescissions And Denials
PrimaryDefaultInventoryRescissionsAndDenials
|
35 | loan |
CY2021 | mtg |
Primary Default Inventory Rescissions And Denials
PrimaryDefaultInventoryRescissionsAndDenials
|
38 | loan |
CY2020 | mtg |
Primary Default Inventory Rescissions And Denials
PrimaryDefaultInventoryRescissionsAndDenials
|
65 | loan |
CY2022 | mtg |
Primary Default Inventory Other Items Removed
PrimaryDefaultInventoryOtherItemsRemoved
|
289 | loan |
CY2021 | mtg |
Primary Default Inventory Other Items Removed
PrimaryDefaultInventoryOtherItemsRemoved
|
695 | loan |
CY2020 | mtg |
Primary Default Inventory Other Items Removed
PrimaryDefaultInventoryOtherItemsRemoved
|
0 | loan |
CY2022Q4 | mtg |
Primary Default Inventory
PrimaryDefaultInventory
|
26387 | loan |
CY2021Q4 | mtg |
Primary Default Inventory
PrimaryDefaultInventory
|
33290 | loan |
CY2020Q4 | mtg |
Primary Default Inventory
PrimaryDefaultInventory
|
57710 | loan |
CY2022Q4 | mtg |
Primary Default Inventory Three Months Or Less
PrimaryDefaultInventoryThreeMonthsOrLess
|
8820 | loan |
CY2021Q4 | mtg |
Primary Default Inventory Three Months Or Less
PrimaryDefaultInventoryThreeMonthsOrLess
|
7586 | loan |
CY2020Q4 | mtg |
Primary Default Inventory Three Months Or Less
PrimaryDefaultInventoryThreeMonthsOrLess
|
11542 | loan |
CY2022Q4 | mtg |
Primary Default Inventory Four To Eleven Months
PrimaryDefaultInventoryFourToElevenMonths
|
8217 | loan |
CY2021Q4 | mtg |
Primary Default Inventory Four To Eleven Months
PrimaryDefaultInventoryFourToElevenMonths
|
7990 | loan |
CY2020Q4 | mtg |
Primary Default Inventory Four To Eleven Months
PrimaryDefaultInventoryFourToElevenMonths
|
34620 | loan |
CY2022Q4 | mtg |
Primary Default Inventory Twelve Months Or More
PrimaryDefaultInventoryTwelveMonthsOrMore
|
9350 | loan |
CY2021Q4 | mtg |
Primary Default Inventory Twelve Months Or More
PrimaryDefaultInventoryTwelveMonthsOrMore
|
17714 | loan |
CY2020Q4 | mtg |
Primary Default Inventory Twelve Months Or More
PrimaryDefaultInventoryTwelveMonthsOrMore
|
11548 | loan |
CY2022Q4 | mtg |
Primary Default Inventory
PrimaryDefaultInventory
|
26387 | loan |
CY2021Q4 | mtg |
Primary Default Inventory
PrimaryDefaultInventory
|
33290 | loan |
CY2020Q4 | mtg |
Primary Default Inventory
PrimaryDefaultInventory
|
57710 | loan |
CY2022Q4 | mtg |
Primary Default Inventory Three Months Or Less Percentage
PrimaryDefaultInventoryThreeMonthsOrLessPercentage
|
0.33 | |
CY2021Q4 | mtg |
Primary Default Inventory Three Months Or Less Percentage
PrimaryDefaultInventoryThreeMonthsOrLessPercentage
|
0.23 | |
CY2020Q4 | mtg |
Primary Default Inventory Three Months Or Less Percentage
PrimaryDefaultInventoryThreeMonthsOrLessPercentage
|
0.20 | |
CY2022Q4 | mtg |
Primary Default Inventory Four To Eleven Months Percentage
PrimaryDefaultInventoryFourToElevenMonthsPercentage
|
0.31 | |
CY2021Q4 | mtg |
Primary Default Inventory Four To Eleven Months Percentage
PrimaryDefaultInventoryFourToElevenMonthsPercentage
|
0.24 | |
CY2020Q4 | mtg |
Primary Default Inventory Four To Eleven Months Percentage
PrimaryDefaultInventoryFourToElevenMonthsPercentage
|
0.60 | |
CY2022Q4 | mtg |
Primary Default Inventory Twelve Months Or More Percentage
PrimaryDefaultInventoryTwelveMonthsOrMorePercentage
|
0.36 | |
CY2021Q4 | mtg |
Primary Default Inventory Twelve Months Or More Percentage
PrimaryDefaultInventoryTwelveMonthsOrMorePercentage
|
0.53 | |
CY2020Q4 | mtg |
Primary Default Inventory Twelve Months Or More Percentage
PrimaryDefaultInventoryTwelveMonthsOrMorePercentage
|
0.20 | |
CY2022Q4 | mtg |
Primary Default Inventory Percentage
PrimaryDefaultInventoryPercentage
|
1 | |
CY2021Q4 | mtg |
Primary Default Inventory Percentage
PrimaryDefaultInventoryPercentage
|
1 | |
CY2020Q4 | mtg |
Primary Default Inventory Percentage
PrimaryDefaultInventoryPercentage
|
1 | |
CY2022Q4 | mtg |
Primary Default Inventory Claims Received Inventory
PrimaryDefaultInventoryClaimsReceivedInventory
|
267 | loan |
CY2021Q4 | mtg |
Primary Default Inventory Claims Received Inventory
PrimaryDefaultInventoryClaimsReceivedInventory
|
211 | loan |
CY2020Q4 | mtg |
Primary Default Inventory Claims Received Inventory
PrimaryDefaultInventoryClaimsReceivedInventory
|
159 | loan |
CY2022Q4 | 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
|
0.36 | |
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 | |
CY2020Q4 | 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
|
0.31 | |
CY2022Q4 | mtg |
Pool Insurance Notice Inventory
PoolInsuranceNoticeInventory
|
391 | loan |
CY2021Q4 | mtg |
Pool Insurance Notice Inventory
PoolInsuranceNoticeInventory
|
498 | loan |
CY2020Q4 | mtg |
Pool Insurance Notice Inventory
PoolInsuranceNoticeInventory
|
680 | loan |
CY2022Q4 | mtg |
Premium Refund Liability Expected Claim Payments
PremiumRefundLiabilityExpectedClaimPayments
|
25500000 | usd |
CY2021Q4 | mtg |
Premium Refund Liability Expected Claim Payments
PremiumRefundLiabilityExpectedClaimPayments
|
37300000 | usd |
CY2022 | us-gaap |
Direct Premiums Earned
DirectPremiumsEarned
|
1154728000 | usd |
CY2021 | us-gaap |
Direct Premiums Earned
DirectPremiumsEarned
|
1167592000 | usd |
CY2020 | us-gaap |
Direct Premiums Earned
DirectPremiumsEarned
|
1199824000 | usd |
CY2022 | us-gaap |
Assumed Premiums Earned
AssumedPremiumsEarned
|
8778000 | usd |
CY2021 | us-gaap |
Assumed Premiums Earned
AssumedPremiumsEarned
|
9858000 | usd |
CY2020 | us-gaap |
Assumed Premiums Earned
AssumedPremiumsEarned
|
10848000 | usd |
CY2022 | us-gaap |
Ceded Premiums Earned
CededPremiumsEarned
|
156373000 | usd |
CY2021 | us-gaap |
Ceded Premiums Earned
CededPremiumsEarned
|
163031000 | usd |
CY2020 | us-gaap |
Ceded Premiums Earned
CededPremiumsEarned
|
188729000 | usd |
CY2022 | us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
1007133000 | usd |
CY2021 | us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
1014419000 | usd |
CY2020 | us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
1021943000 | usd |
CY2022 | us-gaap |
Policyholder Benefits And Claims Incurred Gross
PolicyholderBenefitsAndClaimsIncurredGross
|
-274072000 | usd |
CY2021 | us-gaap |
Policyholder Benefits And Claims Incurred Gross
PolicyholderBenefitsAndClaimsIncurredGross
|
74496000 | usd |
CY2020 | us-gaap |
Policyholder Benefits And Claims Incurred Gross
PolicyholderBenefitsAndClaimsIncurredGross
|
442194000 | usd |
CY2022 | us-gaap |
Reinsurance Effect On Claims And Benefits Incurred Amount Assumed
ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountAssumed
|
-330000 | usd |
CY2021 | us-gaap |
Reinsurance Effect On Claims And Benefits Incurred Amount Assumed
ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountAssumed
|
-57000 | usd |
CY2020 | us-gaap |
Reinsurance Effect On Claims And Benefits Incurred Amount Assumed
ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountAssumed
|
555000 | usd |
CY2022 | us-gaap |
Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
|
-254565000 | usd |
CY2021 | us-gaap |
Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
|
64577000 | usd |
CY2020 | us-gaap |
Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
|
364774000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
|
-707005000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
|
-154555000 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
|
169135000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
-148471000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
-32456000 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
35519000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-558534000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-122099000 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
133616000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
|
54017000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
|
-31613000 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
|
-13288000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
|
11343000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
|
-6638000 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
|
-2791000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
42674000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
-24975000 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
-10497000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-761022000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-122942000 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
182423000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-159814000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-25818000 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
38310000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-601208000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-97124000 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
144113000 | usd |
CY2022 | mtg |
Minimum Percentages Of Gain Loss Consider For Amortization
MinimumPercentagesOfGainLossConsiderForAmortization
|
0.10 | |
CY2022Q4 | mtg |
Defined Benefit Plan Minimum Value Of Outstanding Noncallable Bonds Used In Hypothetical Cash Flow Bond Matching Exercise
DefinedBenefitPlanMinimumValueOfOutstandingNoncallableBondsUsedInHypotheticalCashFlowBondMatchingExercise
|
50000000 | usd |
CY2022 | mtg |
Defined Benefit Plan Future Earnings Period Used In Determining Expected Average Rate Of Earnings
DefinedBenefitPlanFutureEarningsPeriodUsedInDeterminingExpectedAverageRateOfEarnings
|
P20Y | |
CY2022 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
|
0.04 | |
CY2022 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
7600000 | usd |
CY2021 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
8000000 | usd |
CY2020 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
8000000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
144819000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
32331000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
20050000 | usd |
CY2021Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
71743000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
124769000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
39412000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
9719000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
0 | usd |
CY2022Q4 | mtg |
Deferred Tax Assets Liabilities Net Other
DeferredTaxAssetsLiabilitiesNetOther
|
-4891000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Unearned Premiums Reserve
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsUnearnedPremiumsReserve
|
16209000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Unearned Premiums Reserve
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsUnearnedPremiumsReserve
|
19116000 | usd |
CY2022Q4 | mtg |
Deferred Tax Liabilities Tax Deferred Expense Compensationand Benefits Employee Benefits
DeferredTaxLiabilitiesTaxDeferredExpenseCompensationandBenefitsEmployeeBenefits
|
9444000 | usd |
CY2021Q4 | mtg |
Deferred Tax Liabilities Tax Deferred Expense Compensationand Benefits Employee Benefits
DeferredTaxLiabilitiesTaxDeferredExpenseCompensationandBenefitsEmployeeBenefits
|
21360000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves
|
1785000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves
|
4034000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Other Comprehensive Loss
DeferredTaxAssetsOtherComprehensiveLoss
|
108588000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Liabilities Other Comprehensive Income
DeferredTaxLiabilitiesOtherComprehensiveIncome
|
39883000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
|
4003000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
|
4551000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
|
6806000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
|
6118000 | usd |
CY2022 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
2100000 | usd |
CY2021Q4 | mtg |
Deferred Tax Assets Liabilities Net Other
DeferredTaxAssetsLiabilitiesNetOther
|
-2886000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
124769000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
39412000 | usd |
CY2022 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
228259000 | usd |
CY2021 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
161055000 | usd |
CY2020 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
85574000 | usd |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-5235000 | usd |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
4392000 | usd |
CY2020 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
28244000 | usd |
CY2022 | us-gaap |
Other Tax Expense Benefit
OtherTaxExpenseBenefit
|
1661000 | usd |
CY2021 | us-gaap |
Other Tax Expense Benefit
OtherTaxExpenseBenefit
|
1347000 | usd |
CY2020 | us-gaap |
Other Tax Expense Benefit
OtherTaxExpenseBenefit
|
-648000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
224685000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
166794000 | usd |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
113170000 | usd |
CY2022 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
236500000 | usd |
CY2021 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
155300000 | usd |
CY2020 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
79600000 | usd |
CY2022Q4 | mtg |
Tax And Loss Bonds Held
TaxAndLossBondsHeld
|
661700000 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
0.005 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
0.006 | |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
0.009 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.001 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.004 | |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.001 | |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.206 | |
CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.208 | |
CY2020 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.202 | |
CY2021Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | usd |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | usd |
CY2022 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
27800000 | shares |
CY2022 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
13.89 | |
CY2022Q4 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
114000000 | usd |
CY2021 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
19000000 | shares |
CY2021 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
15.30 | |
CY2020 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
9600000 | shares |
CY2020 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
12.47 | |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.08 | ||
us-gaap |
Dividends Cash
DividendsCash
|
51000000 | usd | |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.10 | ||
us-gaap |
Dividends Cash
DividendsCash
|
60700000 | usd | |
CY2022 | us-gaap |
Statutory Accounting Practices Statutory Net Income Amount
StatutoryAccountingPracticesStatutoryNetIncomeAmount
|
440944000 | usd |
CY2021 | us-gaap |
Statutory Accounting Practices Statutory Net Income Amount
StatutoryAccountingPracticesStatutoryNetIncomeAmount
|
295811000 | usd |
CY2020 | us-gaap |
Statutory Accounting Practices Statutory Net Income Amount
StatutoryAccountingPracticesStatutoryNetIncomeAmount
|
65201000 | usd |
CY2022Q4 | us-gaap |
Statutory Accounting Practices Statutory Capital And Surplus Balance
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
|
924977000 | usd |
CY2021Q4 | us-gaap |
Statutory Accounting Practices Statutory Capital And Surplus Balance
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
|
1220714000 | usd |
CY2020Q4 | us-gaap |
Statutory Accounting Practices Statutory Capital And Surplus Balance
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
|
1339509000 | usd |
CY2022Q4 | mtg |
Statutory Accounting Practices Contingency Reserve
StatutoryAccountingPracticesContingencyReserve
|
4669724000 | usd |
CY2021Q4 | mtg |
Statutory Accounting Practices Contingency Reserve
StatutoryAccountingPracticesContingencyReserve
|
4126604000 | usd |
CY2020Q4 | mtg |
Statutory Accounting Practices Contingency Reserve
StatutoryAccountingPracticesContingencyReserve
|
3585864000 | usd |
CY2022Q4 | mtg |
Number Of Jurisdictions With Risk To Capital Requirements
NumberOfJurisdictionsWithRiskToCapitalRequirements
|
16 | jurisdiction |
CY2022 | us-gaap |
Description Of Regulatory Capital Requirements Under Insurance Regulations
DescriptionOfRegulatoryCapitalRequirementsUnderInsuranceRegulations
|
25 to 1 | |
CY2022 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
24700000 | usd |
CY2021 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
17100000 | usd |
CY2020 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
13800000 | usd |
CY2021 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
1800000 | usd |
CY2020 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
1700000 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
3600000 | shares |
CY2022Q4 | us-gaap |
Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
|
P4Y | |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
908000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
831000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
667000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
152000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
0 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
2558000 | usd |
CY2022 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1200000 | usd |
CY2021 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1300000 | usd |
CY2020 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1900000 | usd |
CY2022 | dei |
Auditor Name
AuditorName
|
PricewaterhouseCoopers LLP | |
CY2022 | dei |
Auditor Location
AuditorLocation
|
Milwaukee, Wisconsin | |
CY2022Q4 | us-gaap |
Summary Of Investments Other Than Investments In Related Parties Cost
SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
|
5942709000 | usd |
CY2022Q4 | us-gaap |
Summary Of Investments Other Than Investments In Related Parties Fair Value
SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
|
5423838000 | usd |
CY2022Q4 | us-gaap |
Summary Of Investments Other Than Investments In Related Parties Carrying Amount
SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
|
5423838000 | usd |
CY2022 | us-gaap |
Direct Premiums Earned
DirectPremiumsEarned
|
1154728000 | usd |
CY2022 | us-gaap |
Ceded Premiums Earned
CededPremiumsEarned
|
156373000 | usd |
CY2022 | us-gaap |
Assumed Premiums Earned
AssumedPremiumsEarned
|
8778000 | usd |
CY2022 | us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
1007133000 | usd |
CY2022 | us-gaap |
Premiums Percentage Assumed To Net
PremiumsPercentageAssumedToNet
|
0.009 | |
CY2021 | us-gaap |
Direct Premiums Earned
DirectPremiumsEarned
|
1167592000 | usd |
CY2021 | us-gaap |
Ceded Premiums Earned
CededPremiumsEarned
|
163031000 | usd |
CY2021 | us-gaap |
Assumed Premiums Earned
AssumedPremiumsEarned
|
9858000 | usd |
CY2021 | us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
1014419000 | usd |
CY2021 | us-gaap |
Premiums Percentage Assumed To Net
PremiumsPercentageAssumedToNet
|
0.010 | |
CY2020 | us-gaap |
Direct Premiums Earned
DirectPremiumsEarned
|
1199824000 | usd |
CY2020 | us-gaap |
Ceded Premiums Earned
CededPremiumsEarned
|
188729000 | usd |
CY2020 | us-gaap |
Assumed Premiums Earned
AssumedPremiumsEarned
|
10848000 | usd |
CY2020 | us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
1021943000 | usd |
CY2020 | us-gaap |
Premiums Percentage Assumed To Net
PremiumsPercentageAssumedToNet
|
0.011 |