$RDN
RADIAN GROUP INC Stock $rdn

$rdn Overview Financials Valuation SEC Filings Company Website

2011 Q2 Form 10-Q Financial Statement

#000089092611000060 Filed on August 09, 2011

Income Statement

Concept	2011 Q2	2010 Q2
Revenue	$472.0M	-$245.8M
YoY Change	-292.03%	-142.57%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$14.39M	$16.80M
YoY Change	-14.35%
% of Gross Profit
Operating Expenses	$320.8M	$479.8M
YoY Change	-33.14%	121.62%
Operating Profit	$135.1M	-$727.2M
YoY Change	-118.57%
Interest Expense	$16.08M	$8.245M
YoY Change	95.02%	-214.51%
% of Operating Profit	11.9%
Other Income/Expense, Net
YoY Change
Pretax Income	$135.1M	-$727.2M
YoY Change	-118.58%	-305.6%
Income Tax	-$2.048M	-$252.1M
% Of Pretax Income	-1.52%
Net Earnings	$137.1M	-$475.1M
YoY Change	-128.86%	-304.86%
Net Earnings / Revenue	29.05%
Basic Earnings Per Share	$1.04	-$4.31
Diluted Earnings Per Share	$1.03	-$4.31
COMMON SHARES
Basic Shares Outstanding	132.2M shares	110.3M shares
Diluted Shares Outstanding	133.6M shares	110.3M shares

Balance Sheet

Concept	2011 Q2	2010 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$21.12M	$27.17M
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	$16.00M	$14.60M
YoY Change	9.58%	-7.59%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$5.989B	$7.217B
YoY Change	-17.02%	10.97%
Other Assets	$27.50M	$815.7M
YoY Change	-96.63%	121.48%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$6.929B	$9.375B
YoY Change	-26.09%	10.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$301.0M
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$301.0M	$660.8M
YoY Change	-54.45%	5547.86%
LONG-TERM LIABILITIES
Long-Term Debt	$1.205B	$1.293B
YoY Change	-6.8%	13.41%
Other Long-Term Liabilities	$313.7M	$1.106B
YoY Change	-71.64%	43.3%
Total Long-Term Liabilities	$1.519B	$2.399B
YoY Change	-36.7%	25.48%
TOTAL LIABILITIES
Total Short-Term Liabilities	$301.0M	$660.8M
Total Long-Term Liabilities	$1.519B	$2.399B
Total Liabilities	$5.799B	$7.595B
YoY Change	-23.64%	18.87%
SHAREHOLDERS EQUITY
Retained Earnings	$34.86M
YoY Change
Common Stock	$151.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$892.0M
YoY Change
Treasury Stock Shares	17.46M shares
Shareholders Equity	$1.129B	$1.780B
YoY Change
Total Liabilities & Shareholders Equity	$6.929B	$9.375B
YoY Change	-26.09%	10.87%

Cashflow Statement

Concept	2011 Q2	2010 Q2
OPERATING ACTIVITIES
Net Income	$137.1M	-$475.1M
YoY Change	-128.86%	-304.86%
Depreciation, Depletion And Amortization	$14.39M	$16.80M
YoY Change	-14.35%
Cash From Operating Activities	-$348.0M	-$173.7M
YoY Change	100.35%	-89.2%
INVESTING ACTIVITIES
Capital Expenditures	-$4.900M	-$1.000M
YoY Change	390.0%	900.0%
Acquisitions
YoY Change
Other Investing Activities	$517.1M	-$356.7M
YoY Change	-244.97%	-122.35%
Cash From Investing Activities	$512.1M	-$357.7M
YoY Change	-243.16%	-122.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-160.4M	525.9M
YoY Change	-130.5%	-263050.0%
NET CHANGE
Cash From Operating Activities	-348.0M	-173.7M
Cash From Investing Activities	512.1M	-357.7M
Cash From Financing Activities	-160.4M	525.9M
Net Change In Cash	3.700M	-5.500M
YoY Change	-167.27%	-57.36%
FREE CASH FLOW
Cash From Operating Activities	-$348.0M	-$173.7M
Capital Expenditures	-$4.900M	-$1.000M
Free Cash Flow	-$343.1M	-$172.7M
YoY Change	98.67%	-89.26%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2010Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	258791000	USD
CY2011Q2	us-gaap	Accounts Receivable Net AccountsReceivableNet	109017000	USD
CY2010Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	116452000	USD
CY2011Q2	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	39620000	USD
CY2010Q4	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	40498000	USD
CY2011Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	95204000	USD
CY2010Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	92451000	USD
CY2011Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	20595000	USD
CY2010Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-6524000	USD
CY2010Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1963092000	USD
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CY2010Q4	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	50000000	USD
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CY2011Q2	us-gaap	Financial Guarantee Insurance Contracts Premium Expected To Be Collected More Than15 And Within20 Years From Balance Sheet Date FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan15AndWithin20YearsFromBalanceSheetDate	5000000	USD
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	us-gaap	Deferred Policy Acquisition Cost Amortization Expense DeferredPolicyAcquisitionCostAmortizationExpense	31665000	USD
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CY2011Q2	us-gaap	Assets Assets	6928796000	USD
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	us-gaap	Assumed Premiums Written AssumedPremiumsWritten	-9171000	USD
	us-gaap	Assumed Premiums Written AssumedPremiumsWritten	-10164000	USD
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	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	788000	USD
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	us-gaap	Costs And Expenses CostsAndExpenses	840248000	USD
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	us-gaap	Costs And Expenses CostsAndExpenses	1121396000	USD
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	us-gaap	Direct Premiums Written DirectPremiumsWritten	364849000	USD
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	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-388000	USD
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	us-gaap	Equity Method Investment Realized Gain Loss On Disposal EquityMethodInvestmentRealizedGainLossOnDisposal	0	USD
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	us-gaap	Gain Loss On Investments GainLossOnInvestments	115210000	USD
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	us-gaap	Impairment Of Investments ImpairmentOfInvestments	56000	USD
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	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-5064000	USD
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	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-439254000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	-1275000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	1725000	USD
CY2011Q2	us-gaap	Incurred Claims Property Casualty And Liability IncurredClaimsPropertyCasualtyAndLiability	263566000	USD
	us-gaap	Incurred Claims Property Casualty And Liability IncurredClaimsPropertyCasualtyAndLiability	690939000	USD
	us-gaap	Incurred Claims Property Casualty And Liability IncurredClaimsPropertyCasualtyAndLiability	979046000	USD
CY2010Q2	us-gaap	Incurred Claims Property Casualty And Liability IncurredClaimsPropertyCasualtyAndLiability	435166000	USD
	us-gaap	Interest Expense InterestExpense	19049000	USD
	us-gaap	Interest Expense InterestExpense	33103000	USD
CY2011Q2	us-gaap	Interest Expense InterestExpense	16079000	USD
CY2010Q2	us-gaap	Interest Expense InterestExpense	8245000	USD
	us-gaap	Interest Paid InterestPaid	20529000	USD
	us-gaap	Interest Paid InterestPaid	27244000	USD
CY2010Q4	us-gaap	Investments Investments	6628883000	USD
CY2011Q2	us-gaap	Investments Investments	5988839000	USD
CY2011Q2	us-gaap	Liabilities Liabilities	5799486000	USD
CY2010Q4	us-gaap	Liabilities Liabilities	6761107000	USD
CY2010Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7620887000	USD
CY2011Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	6928796000	USD
CY2011Q2	us-gaap	Long Term Debt LongTermDebt	811319000	USD
CY2010Q4	us-gaap	Long Term Debt LongTermDebt	964788000	USD
CY2011Q2	us-gaap	Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount	11000	USD
	us-gaap	Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount	56000	USD
CY2010Q2	us-gaap	Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount	38000	USD
	us-gaap	Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount	11000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-160667000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	496301000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	770374000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-49601000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-460719000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-608917000	USD
	us-gaap	Net Income Loss NetIncomeLoss	240121000	USD
CY2011Q2	us-gaap	Net Income Loss NetIncomeLoss	137115000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-785435000	USD
CY2010Q2	us-gaap	Net Income Loss NetIncomeLoss	-475080000	USD
CY2011Q2	us-gaap	Net Investment Income Insurance Entity NetInvestmentIncomeInsuranceEntity	43823000	USD
	us-gaap	Net Investment Income Insurance Entity NetInvestmentIncomeInsuranceEntity	86063000	USD
	us-gaap	Net Investment Income Insurance Entity NetInvestmentIncomeInsuranceEntity	93977000	USD
CY2010Q2	us-gaap	Net Investment Income Insurance Entity NetInvestmentIncomeInsuranceEntity	48619000	USD
CY2011Q2	us-gaap	Notional Amount Of Derivatives NotionalAmountOfDerivatives	39474200000	USD
CY2010Q4	us-gaap	Notional Amount Of Derivatives NotionalAmountOfDerivatives	41600000000	USD
CY2011Q2	us-gaap	Number Of Credit Risk Derivatives Held NumberOfCreditRiskDerivativesHeld	412
CY2011Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	135067000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-1224689000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	235057000	USD
CY2010Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-727223000	USD
CY2011Q2	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	1700000000	USD
CY2011Q2	us-gaap	Other Assets OtherAssets	352335000	USD
CY2010Q4	us-gaap	Other Assets OtherAssets	323320000	USD
	us-gaap	Other Comprehensive Income Available For Sale Securities Tax OtherComprehensiveIncomeAvailableForSaleSecuritiesTax	17307000	USD
	us-gaap	Other Comprehensive Income Available For Sale Securities Tax OtherComprehensiveIncomeAvailableForSaleSecuritiesTax	10492000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTax	2684000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTax	0	USD
	us-gaap	Other Comprehensive Income Foreign Currency Translation Reclassification Adjustment Realized Upon Sale Or Liquidation Tax OtherComprehensiveIncomeForeignCurrencyTranslationReclassificationAdjustmentRealizedUponSaleOrLiquidationTax	240000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Translation Reclassification Adjustment Realized Upon Sale Or Liquidation Tax OtherComprehensiveIncomeForeignCurrencyTranslationReclassificationAdjustmentRealizedUponSaleOrLiquidationTax	11617000	USD
	us-gaap	Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income Tax OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeTax	17307000	USD
	us-gaap	Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income Tax OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeTax	673000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	11165000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	0	USD
	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	100221000	USD
CY2010Q2	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	35165000	USD
	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	92173000	USD
CY2011Q2	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	45954000	USD
CY2011Q2	us-gaap	Other Deferred Compensation Arrangements Liability Current And Noncurrent OtherDeferredCompensationArrangementsLiabilityCurrentAndNoncurrent	14900000	USD
CY2011Q2	us-gaap	Other Income OtherIncome	1196000	USD
CY2010Q2	us-gaap	Other Income OtherIncome	-2072000	USD
	us-gaap	Other Income OtherIncome	3703000	USD
	us-gaap	Other Income OtherIncome	2644000	USD
CY2010Q4	us-gaap	Other Investments And Securities At Cost OtherInvestmentsAndSecuritiesAtCost	59627000	USD
CY2011Q2	us-gaap	Other Investments And Securities At Cost OtherInvestmentsAndSecuritiesAtCost	62344000	USD
	us-gaap	Other Premium Revenue Net OtherPremiumRevenueNet	86312000	USD
CY2011Q2	us-gaap	Other Premium Revenue Net OtherPremiumRevenueNet	36156000	USD
CY2010Q2	us-gaap	Other Premium Revenue Net OtherPremiumRevenueNet	43545000	USD
	us-gaap	Other Premium Revenue Net OtherPremiumRevenueNet	56430000	USD
CY2010Q2	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Change In Status OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus	0	USD
CY2011Q2	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Change In Status OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus	0	USD
	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Change In Status OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus	0	USD
	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Change In Status OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus	0	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	2717000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	955000	USD
	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	5729000	USD
	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	1279000	USD
	us-gaap	Payments For Proceeds From Short Term Investments PaymentsForProceedsFromShortTermInvestments	-91768000	USD
	us-gaap	Payments For Proceeds From Short Term Investments PaymentsForProceedsFromShortTermInvestments	-407494000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	536000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	667000	USD
	us-gaap	Payments To Acquire Trading Securities Heldforinvestment PaymentsToAcquireTradingSecuritiesHeldforinvestment	2206653000	USD
	us-gaap	Payments To Acquire Trading Securities Heldforinvestment PaymentsToAcquireTradingSecuritiesHeldforinvestment	1338204000	USD
	us-gaap	Premiums Earned Net PremiumsEarnedNet	401714000	USD
CY2010Q2	us-gaap	Premiums Earned Net PremiumsEarnedNet	203446000	USD
CY2011Q2	us-gaap	Premiums Earned Net PremiumsEarnedNet	188934000	USD
	us-gaap	Premiums Earned Net PremiumsEarnedNet	391957000	USD
CY2010Q2	us-gaap	Premiums Written Net PremiumsWrittenNet	159901000	USD
	us-gaap	Premiums Written Net PremiumsWrittenNet	315402000	USD
CY2011Q2	us-gaap	Premiums Written Net PremiumsWrittenNet	152778000	USD
	us-gaap	Premiums Written Net PremiumsWrittenNet	335527000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	526185000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	28032000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	30492000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities	2635000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities	3195000	USD
	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	69946000	USD
	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	101648000	USD
	us-gaap	Proceeds From Sale Of Available For Sale Securities Equity ProceedsFromSaleOfAvailableForSaleSecuritiesEquity	5962000	USD
	us-gaap	Proceeds From Sale Of Available For Sale Securities Equity ProceedsFromSaleOfAvailableForSaleSecuritiesEquity	555000	USD
	us-gaap	Proceeds From Sales Of Business Affiliate And Productive Assets ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets	0	USD
	us-gaap	Proceeds From Sales Of Business Affiliate And Productive Assets ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets	172017000	USD
CY2011Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	15999000	USD
CY2010Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	13024000	USD
CY2010Q4	us-gaap	Reinsurance Recoverables ReinsuranceRecoverables	244894000	USD
CY2011Q2	us-gaap	Reinsurance Recoverables ReinsuranceRecoverables	179573000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	29348000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	160000000	USD
CY2010Q4	us-gaap	Reserve For Losses And Loss Adjustment Expenses ReserveForLossesAndLossAdjustmentExpenses	3596735000	USD
CY2011Q2	us-gaap	Reserve For Losses And Loss Adjustment Expenses ReserveForLossesAndLossAdjustmentExpenses	3343624000	USD
CY2011Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	28568000	USD
CY2010Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	31413000	USD
CY2010Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-204926000	USD
CY2011Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	34861000	USD
	us-gaap	Revenues Revenues	1075240000	USD
CY2010Q2	us-gaap	Revenues Revenues	-245774000	USD
	us-gaap	Revenues Revenues	-117961000	USD
CY2011Q2	us-gaap	Revenues Revenues	471951000	USD
CY2011Q2	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Gross Claim Liability ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability	290300000	USD
CY2011Q2	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding	2894900000	USD
CY2011Q2	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Interest ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest	1038400000	USD
CY2011Q2	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Principal ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal	1856500000	USD
CY2011Q2	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Net Claim Liability ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability	85000000	USD
CY2011Q2	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Number Of Contracts Issued And Outstanding ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding	304
CY2011Q2	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Gross Potential Recoveries ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries	175500000	USD
CY2011Q2	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Net Discount ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount	29800000	USD
	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Remaining Weighted Average Contract Period ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod	21	shares
CY2011Q2	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Statement Of Financial Position Claim Liability ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionClaimLiability	70800000	USD
CY2011Q2	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Statement Of Financial Position Reinsurance Recoverable ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionReinsuranceRecoverable	0	USD
CY2011Q2	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Statement Of Financial Position Unearned Premium Revenue ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue	35300000	USD
	us-gaap	Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents information relating to our mortgage insurance reserves for losses and LAE as of the dates indicated: </font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.0234375%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td width="52%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="9%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="9%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="2%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="9%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="9%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"> </font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended<br clear="none"></br>June 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Six Months Ended<br clear="none"></br>June 30,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;text-decoration:underline;">(In thousands)</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2011</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2010</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2011</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2010</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Mortgage Insurance</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at beginning of period</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,542,797</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,597,035</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,524,971</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,450,538</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less reinsurance recoverables (1)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(192,258</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(596,325</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(223,254</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(621,644</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at beginning of period, net of reinsurance recoverables</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,350,539</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,000,710</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,301,717</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,828,894</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Add losses and LAE incurred in respect of default notices reported and unreported in:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current year (2)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">246,433</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">239,271</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">437,119</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">490,558</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior years</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">23,559</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">188,351</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">246,846</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">466,155</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total incurred</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">269,992</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">427,622</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">683,965</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">956,713</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deduct paid claims and LAE related to:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current year (2)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,364</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(14,451</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,201</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,515</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior years</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">511,249</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">351,774</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">875,563</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">690,083</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total paid</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">512,613</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">337,323</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">877,764</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">694,598</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at end of period, net of reinsurance recoverables</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,107,918</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,091,009</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,107,918</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,091,009</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Add reinsurance recoverables (1)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">160,664</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">565,737</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">160,664</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-bottom:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">565,737</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at end of period</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,268,582</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,656,746</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,268,582</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,656,746</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">_________________________</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt; width:100%;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top;padding-left:24px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Related to ceded losses on captive reinsurance transactions and Smart Home. See "Management's Discussion and Analysis of Financial Condition and Results of Operations</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">—</font><font style="font-family:inherit;font-size:10pt;">Off-Balance Sheet Arrangements" for additional information regarding our Smart Home transactions.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt; width:100%;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top;padding-left:24px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Related to underlying defaulted loans with a most recent date of default notice in the current year. For example, if a loan had defaulted in a prior year, but then subsequently cured and later re-defaulted in the current year, that default would be considered a current year default.</font></div></td></tr></table><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our loss reserves were reduced in the second quarter of 2011, primarily as a result of a decrease in our total inventory of defaults, as the volume of paid claims, cures, and insurance rescissions and claim denials outpaced new default notices received in the period, as described below. Reserves established for new default notices received in the current year were the primary driver of our total incurred loss for both the three and six months ended June 30, 2011. In addition, our results for the six months ended June 30, 2011, were negatively affected by an increase in our incurred but not recorded ("IBNR") reserve estimate in the first quarter of 2011, related to an increase in our estimate of future reinstatements of previously rescinded policies and denied claims.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Of the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$246.8 million</font><font style="font-family:inherit;font-size:10pt;"> prior year adverse development experienced in 2011, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$103.2 million</font><font style="font-family:inherit;font-size:10pt;"> related to an increase in both our actual and estimated reinstatements of policies and claims previously rescinded or denied in prior years, while the balance related primarily to the greater than anticipated impact from the aging of underlying defaulted loans on our default to claim rate. With continuing declines in home values, persistently high unemployment and delays by servicers in either modifying loans or foreclosing on properties, the ability to cure or otherwise resolve a delinquent loan has exceeded our expected timeframe. Consequently, in recent years, our default inventory has experienced an increase in its weighted average age, and as we apply higher estimated default to claim rates on our more aged delinquent loans, this has resulted in higher reserves. The protracted amount of time it has taken for servicers to resolve certain aged loans has extended the period of uncertainty with regard to our ultimate claim liability beyond what we predicted as of the prior year end. As a consequence, our aggregate weighted average default to claim rate assumption (net of denials and rescissions) used in estimating our reserve for losses was </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">43%</font><font style="font-family:inherit;font-size:10pt;"> at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June 30, 2011</font><font style="font-family:inherit;font-size:10pt;">, compared to </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">40%</font><font style="font-family:inherit;font-size:10pt;"> at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December 31, 2010</font><font style="font-family:inherit;font-size:10pt;">. Our default to claim rate estimate varies depending on the age of the underlying defaulted loans, as measured by the number of monthly payments missed. As of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June 30, 2011</font><font style="font-family:inherit;font-size:10pt;">, our default to claim rate estimate, net of our estimate for insurance rescissions and claims denials, ranged from </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">19%</font><font style="font-family:inherit;font-size:10pt;"> for insured loans that had missed two to three monthly payments, to </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">51%</font><font style="font-family:inherit;font-size:10pt;"> for such loans that had missed </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">12</font><font style="font-family:inherit;font-size:10pt;"> or more monthly payments. During the three months ended June 30, 2011, changes in the composition of our delinquent loan inventory have had less of an impact on reserve development and incurred losses compared to recent quarters, which has helped moderate the impact of these changes on incurred losses related to prior year defaults.</font></div><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our reserve for losses includes the impact of our estimated rescissions and denials, which remain elevated compared to levels experienced prior to 2009. Rescissions and denials reduced our loss reserves as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June 30, 2011</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December 31, 2010</font><font style="font-family:inherit;font-size:10pt;">, by approximately </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$(655) million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$(922) million</font><font style="font-family:inherit;font-size:10pt;">, respectively. The amount of estimated rescissions and denials incorporated into our reserve analysis at any point in time is affected by a number of factors, including not only our estimated rate of rescissions and denials on future claims, but also the volume and attributes of our defaulted insured loans, our estimated default to claim rate, and our estimated claim severity, among other assumptions. We expect the amount of estimated rescissions and denials embedded within our reserve analysis to decrease over time, as the defaults related to the poor underwriting periods of 2005 through 2008 decline as a proportion of our total default portfolio and as we realize the results through actual rescissions and denials, or the commutations of insured loans.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our reported rescission and denial activity in any given period is subject to future challenges by our lender customers. Our IBNR reserve estimate, which includes an estimate of the future reinstatements of previously rescinded policies and denied claims, was </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$115.6 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$39.5 million</font><font style="font-family:inherit;font-size:10pt;"> at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June 30, 2011</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December 31, 2010</font><font style="font-family:inherit;font-size:10pt;">, respectively. The change in this estimate primarily reflects recent trends in insurance rescissions and claim denial activity as a result of lenders challenging a greater number of rescissions and denials and the overall challenges being more substantive in nature (i.e., producing new or additional information that supports a reinstatement of coverage or a claim payment). As a result, we expect that an increasingly larger portion of previously rescinded policies will be reinstated and previously denied claims will be resubmitted with the required documentation and ultimately paid. </font></div></div>
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CY2010Q4	us-gaap	Short Term Investments ShortTermInvestments	1537498000	USD
CY2011Q2	us-gaap	Short Term Investments ShortTermInvestments	1130268000	USD
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CY2011Q2	us-gaap	Stockholders Equity StockholdersEquity	1129310000	USD
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CY2011Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	17461438	shares
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CY2011Q2	us-gaap	Treasury Stock Value TreasuryStockValue	892036000	USD
CY2010Q4	us-gaap	Unearned Premiums UnearnedPremiums	686364000	USD
CY2011Q2	us-gaap	Unearned Premiums UnearnedPremiums	629813000	USD
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CY2011Q2	us-gaap	Valuation Allowance Amount ValuationAllowanceAmount	769700000	USD
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CY2009	us-gaap	Weighted Average Discount Rate Percent WeightedAverageDiscountRatePercent	0.0434
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	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	133724000	shares
CY2010Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	110282000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	96420000	shares
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CY2011Q2	rdn	Accrued Liability For Premiums Expected To Be Refunded From Rescissions AccruedLiabilityForPremiumsExpectedToBeRefundedFromRescissions	45200000	USD
CY2011Q2	rdn	Fair Value Htm And Afs Securities Unrealized Loss Less Than Twelve Months FairValueHtmAndAfsSecuritiesUnrealizedLossLessThanTwelveMonths	37956000	USD
CY2010Q4	rdn	Accrued Liability For Premiums Expected To Be Refunded From Rescissions AccruedLiabilityForPremiumsExpectedToBeRefundedFromRescissions	43500000	USD
	rdn	Adjustment To Installment Premiums Gross Of Commissions AdjustmentToInstallmentPremiumsGrossOfCommissions	-400000	USD
CY2011Q2	rdn	Adjustment To Installment Premiums Gross Of Commissions AdjustmentToInstallmentPremiumsGrossOfCommissions	100000	USD
CY2010Q2	rdn	Adjustment To Installment Premiums Gross Of Commissions AdjustmentToInstallmentPremiumsGrossOfCommissions	-400000	USD
	rdn	Adjustment To Installment Premiums Gross Of Commissions AdjustmentToInstallmentPremiumsGrossOfCommissions	300000	USD
CY2010Q2	rdn	Adjustment To Premiums Earned For Financial Guaranty Contracts Other AdjustmentToPremiumsEarnedForFinancialGuarantyContractsOther	2100000	USD
	rdn	Adjustment To Premiums Earned For Financial Guaranty Contracts Other AdjustmentToPremiumsEarnedForFinancialGuarantyContractsOther	0	USD
	rdn	Adjustment To Premiums Earned For Financial Guaranty Contracts Other AdjustmentToPremiumsEarnedForFinancialGuarantyContractsOther	2100000	USD
CY2011Q2	rdn	Adjustment To Premiums Earned For Financial Guaranty Contracts Other AdjustmentToPremiumsEarnedForFinancialGuarantyContractsOther	0	USD
	rdn	Adjustment To Premiums Earned Foreign Exchange Revaluation Gross Of Commission AdjustmentToPremiumsEarnedForeignExchangeRevaluationGrossOfCommission	2000000	USD
	rdn	Adjustment To Premiums Earned Foreign Exchange Revaluation Gross Of Commission AdjustmentToPremiumsEarnedForeignExchangeRevaluationGrossOfCommission	-2800000	USD
CY2010Q2	rdn	Adjustment To Premiums Earned Foreign Exchange Revaluation Gross Of Commission AdjustmentToPremiumsEarnedForeignExchangeRevaluationGrossOfCommission	-1100000	USD
CY2011Q2	rdn	Adjustment To Premiums Earned Foreign Exchange Revaluation Gross Of Commission AdjustmentToPremiumsEarnedForeignExchangeRevaluationGrossOfCommission	700000	USD
CY2010Q4	rdn	Amortized Cost Debt And Equity Securities AmortizedCostDebtAndEquitySecurities	511810000	USD
CY2011Q2	rdn	Amortized Cost Debt And Equity Securities AmortizedCostDebtAndEquitySecurities	327904000	USD
CY2011Q2	rdn	Change In Reserve For Premium Deficiency ChangeInReserveForPremiumDeficiency	-3102000	USD
CY2010Q2	rdn	Change In Reserve For Premium Deficiency ChangeInReserveForPremiumDeficiency	-7354000	USD
	rdn	Change In Reserve For Premium Deficiency ChangeInReserveForPremiumDeficiency	-4485000	USD
	rdn	Change In Reserve For Premium Deficiency ChangeInReserveForPremiumDeficiency	-8585000	USD
CY2010Q4	rdn	Fair Value Debt And Equity Securities FairValueDebtAndEquitySecurities	469580000	USD
CY2011Q2	rdn	Fair Value Debt And Equity Securities FairValueDebtAndEquitySecurities	351393000	USD
CY2010Q4	rdn	Fair Value Htm And Afs Securities Unrealized Loss Greater Than Twelve Months FairValueHtmAndAfsSecuritiesUnrealizedLossGreaterThanTwelveMonths	189798000	USD
CY2011Q2	rdn	Fair Value Htm And Afs Securities Unrealized Loss Greater Than Twelve Months FairValueHtmAndAfsSecuritiesUnrealizedLossGreaterThanTwelveMonths	77146000	USD
CY2010Q4	rdn	Fair Value Htm And Afs Securities Unrealized Loss Less Than Twelve Months FairValueHtmAndAfsSecuritiesUnrealizedLossLessThanTwelveMonths	24199000	USD
CY2010Q4	rdn	Fair Value Htm And Afs Securities With Unrealized Losses FairValueHtmAndAfsSecuritiesWithUnrealizedLosses	213997000	USD
CY2010Q4	rdn	Number Of Securities In Continuous Unrealized Loss Position Less Than Twelve Months NumberOfSecuritiesInContinuousUnrealizedLossPositionLessThanTwelveMonths	45
CY2011Q2	rdn	Variableinterestentitycarryingamountofnonrecoursedebt Variableinterestentitycarryingamountofnonrecoursedebt	3195000	USD
CY2011Q2	rdn	Fair Value Htm And Afs Securities With Unrealized Losses FairValueHtmAndAfsSecuritiesWithUnrealizedLosses	115102000	USD
CY2011Q2	rdn	Financial Guarantee Insurance Contracts Future Premium Current Year FinancialGuaranteeInsuranceContractsFuturePremiumCurrentYear	2400000	USD
CY2010Q4	rdn	Gross Unrealized Holding Gains Debt And Equity Securities GrossUnrealizedHoldingGainsDebtAndEquitySecurities	29058000	USD
CY2011Q2	rdn	Gross Unrealized Holding Gains Debt And Equity Securities GrossUnrealizedHoldingGainsDebtAndEquitySecurities	37253000	USD
CY2010Q4	rdn	Gross Unrealized Holding Losses Debt And Equity Securities GrossUnrealizedHoldingLossesDebtAndEquitySecurities	71288000	USD
CY2011Q2	rdn	Gross Unrealized Holding Losses Debt And Equity Securities GrossUnrealizedHoldingLossesDebtAndEquitySecurities	13764000	USD
	rdn	Lossed Paid For Contract Underwriting Remedies LossedPaidForContractUnderwritingRemedies	4400000	USD
CY2010Q2	rdn	Net Gains Losses On Other Financial Instruments NetGainsLossesOnOtherFinancialInstruments	-63200000	USD
	rdn	Net Gains Losses On Other Financial Instruments NetGainsLossesOnOtherFinancialInstruments	80298000	USD
CY2011Q2	rdn	Net Gains Losses On Other Financial Instruments NetGainsLossesOnOtherFinancialInstruments	5047000	USD
	rdn	Net Gains Losses On Other Financial Instruments NetGainsLossesOnOtherFinancialInstruments	-164764000	USD
CY2010Q4	rdn	Number Of Afs And Htm Securities In Unrealized Loss Position NumberOfAfsAndHtmSecuritiesInUnrealizedLossPosition	73
CY2011Q2	rdn	Number Of Afs And Htm Securities In Unrealized Loss Position NumberOfAfsAndHtmSecuritiesInUnrealizedLossPosition	47
CY2010Q4	rdn	Number Of Classes Of Tobacco Bonds Moodys Took Rating Actions On NumberOfClassesOfTobaccoBondsMoodysTookRatingActionsOn	67
CY2011Q2	rdn	Number Of Guaranteed Structured Transactions For Radian Guaranty NumberOfGuaranteedStructuredTransactionsForRadianGuaranty	2
CY2011Q2	rdn	Number Of Months In Future At Which Current Default Rates Will Hold With Those Rates Observed At Prior Year End NumberOfMonthsInFutureAtWhichCurrentDefaultRatesWillHoldWithThoseRatesObservedAtPriorYearEnd	12	months
CY2011Q2	rdn	Number Of Rmbs Bulk Primary Mortgage Insurance Policies Involved In Pending Or Threatened Litigation NumberOfRmbsBulkPrimaryMortgageInsurancePoliciesInvolvedInPendingOrThreatenedLitigation	27
CY2010Q4	rdn	Variableinterestentitycarryingamountofnonrecoursedebt Variableinterestentitycarryingamountofnonrecoursedebt	9514000	USD
CY2010Q4	rdn	Variableinterestentitycarryingamountofshortterminvestments Variableinterestentitycarryingamountofshortterminvestments	149981000	USD
CY2011Q2	rdn	Variableinterestentitycarryingamountofshortterminvestments Variableinterestentitycarryingamountofshortterminvestments	149984000	USD
CY2011Q2	rdn	Variableinterestentityderivativeliabilities Variableinterestentityderivativeliabilities	18831000	USD
CY2011Q2	rdn	Number Of Securities In Continuous Unrealized Loss Position Less Than Twelve Months NumberOfSecuritiesInContinuousUnrealizedLossPositionLessThanTwelveMonths	38
CY2010Q4	rdn	Number Of Securities In Continuous Unrealized Loss Position Twelve Months Or Longer NumberOfSecuritiesInContinuousUnrealizedLossPositionTwelveMonthsOrLonger	28
CY2011Q2	rdn	Number Of Securities In Continuous Unrealized Loss Position Twelve Months Or Longer NumberOfSecuritiesInContinuousUnrealizedLossPositionTwelveMonthsOrLonger	9
CY2010Q4	rdn	Number Of Transactions Within Classes Of Tobacco Bonds Moodys Took Rating Actions On NumberOfTransactionsWithinClassesOfTobaccoBondsMoodysTookRatingActionsOn	19
CY2011Q2	rdn	Number Of Years Beyond Next Twelve Months That It Will Take For Loan Defaults To Return To Normal Historical Levels NumberOfYearsBeyondNextTwelveMonthsThatItWillTakeForLoanDefaultsToReturnToNormalHistoricalLevels	2
CY2011Q2	rdn	Number Of Years Since April2011 That Master Settlement Agreement Payments Have Been At Their Lowest Levels NumberOfYearsSinceApril2011ThatMasterSettlementAgreementPaymentsHaveBeenAtTheirLowestLevels	5	years
CY2011Q2	rdn	Numer Of States Included In Master Settlement Agreement With Domestic Tobacco Manufacturers NumerOfStatesIncludedInMasterSettlementAgreementWithDomesticTobaccoManufacturers	46
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CY2010Q4	rdn	Percentage Investment Interest In Foreign Holding Company PercentageInvestmentInterestInForeignHoldingCompany	0.45
CY2010Q4	rdn	Premium Deficiency Reserve PremiumDeficiencyReserve	10736000	USD
CY2011Q2	rdn	Premium Deficiency Reserve PremiumDeficiencyReserve	6251000	USD
	rdn	Premiums Earned Financial Guaranty Adjustment For Recaptures PremiumsEarnedFinancialGuarantyAdjustmentForRecaptures	0	USD
CY2011Q2	rdn	Premiums Earned Financial Guaranty Adjustment For Recaptures PremiumsEarnedFinancialGuarantyAdjustmentForRecaptures	2800000	USD
	rdn	Premiums Earned Financial Guaranty Adjustment For Recaptures PremiumsEarnedFinancialGuarantyAdjustmentForRecaptures	2800000	USD
CY2010Q2	rdn	Premiums Earned Financial Guaranty Adjustment For Recaptures PremiumsEarnedFinancialGuarantyAdjustmentForRecaptures	0	USD
CY2011Q2	rdn	Premiums Earned For Financial Guaranty Adjustment For Refundings PremiumsEarnedForFinancialGuarantyAdjustmentForRefundings	9300000	USD
	rdn	Premiums Earned For Financial Guaranty Adjustment For Refundings PremiumsEarnedForFinancialGuarantyAdjustmentForRefundings	14100000	USD
CY2010Q2	rdn	Premiums Earned For Financial Guaranty Adjustment For Refundings PremiumsEarnedForFinancialGuarantyAdjustmentForRefundings	10200000	USD
	rdn	Premiums Earned For Financial Guaranty Adjustment For Refundings PremiumsEarnedForFinancialGuarantyAdjustmentForRefundings	19700000	USD
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	rdn	Provision For Contract Underwriting Expense ProvisionForContractUnderwritingExpense	7200000	USD
CY2011Q2	rdn	Purchase Commitment To Invest In Alternative Investments PurchaseCommitmentToInvestInAlternativeInvestments	90000000	USD
CY2011Q2	rdn	Reserve For Contract Underwriting Obligations ReserveForContractUnderwritingObligations	5300000	USD
CY2011Q2	rdn	Variableinterestentitycarryingamountoftradingsecurities Variableinterestentitycarryingamountoftradingsecurities	100691000	USD
CY2010Q4	rdn	Variableinterestentitycarryingamountoftradingsecurities Variableinterestentitycarryingamountoftradingsecurities	83184000	USD
	rdn	Subsidiary Expense Reimbursements SubsidiaryExpenseReimbursements	59300000	USD
CY2011Q2	rdn	Total Adjustment To Premiums Earned For Financial Guaranty Contracts TotalAdjustmentToPremiumsEarnedForFinancialGuarantyContracts	14200000	USD
	rdn	Total Adjustment To Premiums Earned For Financial Guaranty Contracts TotalAdjustmentToPremiumsEarnedForFinancialGuarantyContracts	19300000	USD
	rdn	Total Adjustment To Premiums Earned For Financial Guaranty Contracts TotalAdjustmentToPremiumsEarnedForFinancialGuarantyContracts	20500000	USD
CY2010Q2	rdn	Total Adjustment To Premiums Earned For Financial Guaranty Contracts TotalAdjustmentToPremiumsEarnedForFinancialGuarantyContracts	11200000	USD
	rdn	Total First Lien Claims Rescinded Or Denied TotalFirstLienClaimsRescindedOrDenied	345100000	USD
	rdn	Total First Lien Claims Rescinded Or Denied TotalFirstLienClaimsRescindedOrDenied	418500000	USD
CY2010Q2	rdn	Total First Lien Claims Rescinded Or Denied TotalFirstLienClaimsRescindedOrDenied	167000000	USD
CY2011Q2	rdn	Total First Lien Claims Rescinded Or Denied TotalFirstLienClaimsRescindedOrDenied	193000000	USD
CY2011Q2	rdn	Total Future Premiums Net For Financial Guaranty Contracts20 Plus Years TotalFuturePremiumsNetForFinancialGuarantyContracts20PlusYears	6900000	USD
CY2011Q2	rdn	Total Future Premiums Net For Financial Guaranty Contracts Current Through4 Years TotalFuturePremiumsNetForFinancialGuarantyContractsCurrentThrough4Years	16000000	USD
CY2011Q2	rdn	Total Incentive Retention And Severance Agreement Expenses Expected To Be Incurred TotalIncentiveRetentionAndSeveranceAgreementExpensesExpectedToBeIncurred	8700000	USD
CY2010Q4	rdn	Unrealized Loss On Afs And Htm Securities UnrealizedLossOnAfsAndHtmSecurities	71288000	USD
CY2011Q2	rdn	Unrealized Loss On Afs And Htm Securities UnrealizedLossOnAfsAndHtmSecurities	13764000	USD
CY2010Q4	rdn	Unrealized Loss On Afs And Htm Securities Greater Than Twelve Months UnrealizedLossOnAfsAndHtmSecuritiesGreaterThanTwelveMonths	70203000	USD
CY2011Q2	rdn	Unrealized Loss On Afs And Htm Securities Greater Than Twelve Months UnrealizedLossOnAfsAndHtmSecuritiesGreaterThanTwelveMonths	11164000	USD
CY2010Q4	rdn	Unrealized Loss On Afs And Htm Securities Less Than Twelve Months UnrealizedLossOnAfsAndHtmSecuritiesLessThanTwelveMonths	1085000	USD
CY2011Q2	rdn	Unrealized Loss On Afs And Htm Securities Less Than Twelve Months UnrealizedLossOnAfsAndHtmSecuritiesLessThanTwelveMonths	2600000	USD
CY2011Q2	rdn	Unrecorded Incentive Retention And Severance Agreement Expenses UnrecordedIncentiveRetentionAndSeveranceAgreementExpenses	4600000	USD
CY2010Q4	rdn	Variable Interest Entity Debt VariableInterestEntityDebt	520114000	USD
CY2011Q2	rdn	Variable Interest Entity Debt VariableInterestEntityDebt	393740000	USD
CY2010Q4	rdn	Variableinterestentityaccountspayableandotherliabilities Variableinterestentityaccountspayableandotherliabilities	887000	USD
CY2011Q2	rdn	Variableinterestentityaccountspayableandotherliabilities Variableinterestentityaccountspayableandotherliabilities	686000	USD
CY2010Q4	rdn	Variableinterestentitycarryingamountofderivativeassets Variableinterestentitycarryingamountofderivativeassets	10855000	USD
CY2011Q2	rdn	Variableinterestentitycarryingamountofderivativeassets Variableinterestentitycarryingamountofderivativeassets	4653000	USD
CY2010Q4	rdn	Variableinterestentityderivativeliabilities Variableinterestentityderivativeliabilities	19226000	USD
CY2011Q2	rdn	Vie Other Assets VieOtherAssets	115716000	USD
CY2010Q4	rdn	Vie Other Assets VieOtherAssets	112426000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2011
	dei	Document Period End Date DocumentPeriodEndDate	2011-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000890926
CY2011Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	133105845	shares
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2011Q2	dei	Entity Public Float EntityPublicFloat	563070000	USD
	dei	Entity Registrant Name EntityRegistrantName	Radian Group Inc.
	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes

Files In Submission

Name	View Source	Status
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$RDN
RADIAN GROUP INC Stock $rdn

2011 Q2 Form 10-Q Financial Statement

#000089092611000060 Filed on August 09, 2011

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$RDN RADIAN GROUP INC Stock $rdn

2011 Q2 Form 10-Q Financial Statement

#000089092611000060 Filed on August 09, 2011

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$RDN
RADIAN GROUP INC Stock $rdn