$RDN
RADIAN GROUP INC Stock $rdn

$rdn Overview Financials Valuation SEC Filings Company Website

2013 Q1 Form 10-Q Financial Statement

#000089092613000020 Filed on May 10, 2013

Income Statement

Concept	2013 Q1	2012 Q1
Revenue	$42.38M	$180.4M
YoY Change	-76.5%	-70.1%
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	$17.20M	$28.05M
YoY Change	-38.69%	98.47%
% of Gross Profit
Operating Expenses	$228.7M	$344.3M
YoY Change	-33.58%	-29.2%
Operating Profit	-$202.2M	-$178.1M
YoY Change	13.53%	-278.14%
Interest Expense	$15.88M	$14.15M
YoY Change	12.25%	-16.89%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	-$202.2M	-$178.1M
YoY Change	13.53%	-278.1%
Income Tax	-$14.72M	-$8.893M
% Of Pretax Income
Net Earnings	-$187.5M	-$169.2M
YoY Change	10.79%	-264.29%
Net Earnings / Revenue	-442.4%	-93.83%
Basic Earnings Per Share	-$1.30	-$1.28
Diluted Earnings Per Share	-$1.30	-$1.28
COMMON SHARES
Basic Shares Outstanding	144.4M shares	132.5M shares
Diluted Shares Outstanding	144.4M shares	132.5M shares

Balance Sheet

Concept	2013 Q1	2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$29.33M	$31.78M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets		$54.40M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$7.105M	$10.33M
YoY Change	-31.24%	-16.74%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$5.620B	$5.593B
YoY Change	0.47%	-12.51%
Other Assets	$17.90M	$16.00M
YoY Change	11.88%	-41.82%
Total Long-Term Assets		$6.394B
YoY Change
TOTAL ASSETS
Total Short-Term Assets		$54.40M
Total Long-Term Assets		$6.394B
Total Assets	$6.371B	$6.449B
YoY Change	-1.2%	-12.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable		$299.0M
YoY Change		21.05%
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	$37.50M	$404.3M
YoY Change	-90.72%	63.68%
LONG-TERM LIABILITIES
Long-Term Debt	$1.014B	$930.1M
YoY Change	8.97%	-30.65%
Other Long-Term Liabilities	$792.9M	$202.1M
YoY Change	292.33%	-58.53%
Total Long-Term Liabilities	$1.806B	$1.132B
YoY Change	59.55%	-38.08%
TOTAL LIABILITIES
Total Short-Term Liabilities	$37.50M	$404.3M
Total Long-Term Liabilities	$1.806B	$1.132B
Total Liabilities	$5.440B	$5.429B
YoY Change	0.2%	-14.89%
SHAREHOLDERS EQUITY
Retained Earnings	-$542.7M	-$73.01M
YoY Change	643.43%	-28.37%
Common Stock	$190.0K	$151.0K
YoY Change	25.83%	0.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$892.1M	$892.1M
YoY Change	0.0%	0.0%
Treasury Stock Shares	17.48M shares	17.47M shares
Shareholders Equity	$931.0M	$1.019B
YoY Change
Total Liabilities & Shareholders Equity	$6.371B	$6.449B
YoY Change	-1.2%	-12.28%

Cashflow Statement

Concept	2013 Q1	2012 Q1
OPERATING ACTIVITIES
Net Income	-$187.5M	-$169.2M
YoY Change	10.79%	-264.29%
Depreciation, Depletion And Amortization	$17.20M	$28.05M
YoY Change	-38.69%	98.47%
Cash From Operating Activities	-$166.0M	-$154.4M
YoY Change	7.51%	-40.82%
INVESTING ACTIVITIES
Capital Expenditures	-$400.0K	-$400.0K
YoY Change	0.0%	-50.0%
Acquisitions
YoY Change
Other Investing Activities	-$2.005M	-$682.0K
YoY Change	193.99%	-142.87%
Cash From Investing Activities	-$437.3M	$283.2M
YoY Change	-254.42%	9.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$299.5M	$0.00
YoY Change
Debt Paid & Issued, Net	$79.37M	$132.2M
YoY Change	-39.97%
Cash From Financing Activities	$601.1M	-$132.5M
YoY Change	-553.46%	39704.2%
NET CHANGE
Cash From Operating Activities	-166.0M	-154.4M
Cash From Investing Activities	-$437.3M	$283.2M
Cash From Financing Activities	$601.1M	-$132.5M
Net Change In Cash	$163.8M	$150.6M
YoY Change	8.73%	-41.6%
FREE CASH FLOW
Cash From Operating Activities	-$166.0M	-$154.4M
Capital Expenditures	-$400.0K	-$400.0K
Free Cash Flow	-$165.6M	-$154.0M
YoY Change	7.53%	-40.79%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	362030000	USD
CY2012Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	324573000	USD
CY2013Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	84554000	USD
CY2012Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	87519000	USD
CY2012Q4	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	34349000	USD
CY2013Q1	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	32247000	USD
CY2013Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	99675000	USD
CY2012Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	98909000	USD
CY2012Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	16095000	USD
CY2013Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	23540000	USD
CY2011Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	11400000	USD
CY2012Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	19004000	USD
CY2012Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1967414000	USD
CY2013Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	2342151000	USD
CY2012Q4	us-gaap	Assets Assets	5903200000	USD
CY2013Q1	us-gaap	Assets Assets	6370949000	USD
CY2013Q1	us-gaap	Assumed Premiums Written AssumedPremiumsWritten	-10397000	USD
CY2012Q1	us-gaap	Assumed Premiums Written AssumedPremiumsWritten	-87488000	USD
CY2013Q1	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	36552000	USD
CY2012Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	39481000	USD
CY2012Q4	us-gaap	Available For Sale Equity Securities Amortized Cost Basis AvailableForSaleEquitySecuritiesAmortizedCostBasis	88260000	USD
CY2013Q1	us-gaap	Available For Sale Equity Securities Amortized Cost Basis AvailableForSaleEquitySecuritiesAmortizedCostBasis	88260000	USD
CY2012Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	40696000	USD
CY2013Q1	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	38305000	USD
CY2012Q4	us-gaap	Available For Sale Securities Equity Securities AvailableForSaleSecuritiesEquitySecurities	112139000	USD
CY2013Q1	us-gaap	Available For Sale Securities Equity Securities AvailableForSaleSecuritiesEquitySecurities	123050000	USD
CY2013Q1	us-gaap	Deferred Policy Acquisition Cost Amortization Expense DeferredPolicyAcquisitionCostAmortizationExpense	17195000	USD
CY2012Q1	us-gaap	Deferred Policy Acquisition Cost Amortization Expense DeferredPolicyAcquisitionCostAmortizationExpense	28046000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	29334000	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	31555000	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	35589000	USD
CY2012Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	31784000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-2221000	USD
CY2012Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-3805000	USD
CY2013Q1	us-gaap	Ceded Premiums Written CededPremiumsWritten	27885000	USD
CY2012Q1	us-gaap	Ceded Premiums Written CededPremiumsWritten	38587000	USD
CY2012Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.0025
CY2012Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.0025
CY2013Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2012Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2013Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	325000000	shares
CY2012Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	325000000	shares
CY2012Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	151131173	shares
CY2013Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	190348457	shares
CY2013Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	172864500	shares
CY2012Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	133647216	shares
CY2013Q1	us-gaap	Common Stock Value CommonStockValue	190000	USD
CY2012Q4	us-gaap	Common Stock Value CommonStockValue	151000	USD
CY2012Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-161628000	USD
CY2013Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-180055000	USD
CY2013Q1	us-gaap	Costs And Expenses CostsAndExpenses	244606000	USD
CY2012Q1	us-gaap	Costs And Expenses CostsAndExpenses	358482000	USD
CY2013Q1	us-gaap	Deferred Policy Acquisition Costs DeferredPolicyAcquisitionCosts	74601000	USD
CY2012Q4	us-gaap	Deferred Policy Acquisition Costs DeferredPolicyAcquisitionCosts	88202000	USD
CY2012Q4	us-gaap	Derivative Credit Risk Valuation Adjustment Derivative Liabilities DerivativeCreditRiskValuationAdjustmentDerivativeLiabilities	615600000	USD
CY2013Q1	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	822300000	USD
CY2012Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	USD
CY2013Q1	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	17902000	USD
CY2012Q4	us-gaap	Derivative Assets DerivativeAssets	13609000	USD
CY2013Q1	us-gaap	Derivative Assets DerivativeAssets	6429000	USD
CY2013Q1	us-gaap	Derivative Credit Risk Valuation Adjustment Derivative Liabilities DerivativeCreditRiskValuationAdjustmentDerivativeLiabilities	453500000	USD
CY2012Q4	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	808400000	USD
CY2012Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	266873000	USD
CY2013Q1	us-gaap	Derivative Liabilities DerivativeLiabilities	430898000	USD
CY2013Q1	us-gaap	Derivative Liability Fair Value Net1 DerivativeLiabilityFairValueNet1	368800000	USD
CY2012Q4	us-gaap	Derivative Liability Fair Value Net1 DerivativeLiabilityFairValueNet1	192800000	USD
CY2013Q1	us-gaap	Direct Premiums Written DirectPremiumsWritten	245467000	USD
CY2012Q1	us-gaap	Direct Premiums Written DirectPremiumsWritten	203753000	USD
CY2012Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.28
CY2013Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.30
CY2012Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.28
CY2013Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.30
CY2012Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	13000	USD
CY2013Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-29000	USD
CY2013Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	50000	USD
CY2012Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	0	USD
CY2013Q1	us-gaap	Financial Guarantee Insurance Contracts Accelerated Premium Revenue Amount FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount	65000	USD
CY2012Q1	us-gaap	Financial Guarantee Insurance Contracts Accelerated Premium Revenue Amount FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount	0	USD
CY2013Q1	us-gaap	Financial Guarantee Insurance Contracts Premium Receivable FinancialGuaranteeInsuranceContractsPremiumReceivable	28300000	USD
CY2012Q4	us-gaap	Financial Guarantee Insurance Contracts Premium Receivable FinancialGuaranteeInsuranceContractsPremiumReceivable	28900000	USD
CY2013Q1	us-gaap	Financial Guarantee Insurance Contracts Premium Receivable Premium Expected To Be Collected FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected	35500000	USD
CY2013Q1	us-gaap	Financial Guarantee Insurance Contracts Premium Received Over Contract Period Premium Receivable Weighted Average Risk Free Discount Rate FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate	0.026
CY2013Q1	us-gaap	Financial Guarantee Insurance Contracts Premium Received Over Contract Period Unearned Premium Revenue FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodUnearnedPremiumRevenue	30700000	USD
CY2012Q4	us-gaap	Financial Guarantee Insurance Contracts Premium Received Over Contract Period Unearned Premium Revenue FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodUnearnedPremiumRevenue	33600000	USD
CY2013Q1	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	-167670000	USD
CY2012Q1	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	-72757000	USD
CY2013Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	-5505000	USD
CY2012Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	67459000	USD
CY2012Q4	us-gaap	Held To Maturity Securities HeldToMaturitySecurities	679000	USD
CY2013Q1	us-gaap	Held To Maturity Securities HeldToMaturitySecurities	427000	USD
CY2012Q4	us-gaap	Held To Maturity Securities Fair Value Disclosure HeldToMaturitySecuritiesFairValueDisclosure	676000	USD
CY2013Q1	us-gaap	Held To Maturity Securities Fair Value Disclosure HeldToMaturitySecuritiesFairValueDisclosure	421000	USD
CY2012Q1	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	-11000	USD
CY2013Q1	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	1000	USD
CY2013Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-14723000	USD
CY2012Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-8893000	USD
CY2013Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	-1983000	USD
CY2012Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	732000	USD
CY2012Q1	us-gaap	Incurred Claims Property Casualty And Liability IncurredClaimsPropertyCasualtyAndLiability	266154000	USD
CY2013Q1	us-gaap	Incurred Claims Property Casualty And Liability IncurredClaimsPropertyCasualtyAndLiability	132059000	USD
CY2013Q1	us-gaap	Insured Financial Obligations With Credit Deterioration Remaining Weighted Average Contract Period InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod	P19Y
CY2012Q1	us-gaap	Interest Expense InterestExpense	14148000	USD
CY2013Q1	us-gaap	Interest Expense InterestExpense	15881000	USD
CY2012Q1	us-gaap	Interest Paid InterestPaid	8061000	USD
CY2013Q1	us-gaap	Interest Paid InterestPaid	3630000	USD
CY2013Q1	us-gaap	Investments Investments	5619733000	USD
CY2012Q4	us-gaap	Investments Investments	5152418000	USD
CY2012Q4	us-gaap	Liabilities Liabilities	5166875000	USD
CY2013Q1	us-gaap	Liabilities Liabilities	5439903000	USD
CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5903200000	USD
CY2013Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	6370949000	USD
CY2012Q4	us-gaap	Long Term Debt LongTermDebt	663571000	USD
CY2013Q1	us-gaap	Long Term Debt LongTermDebt	906105000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	601051000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-132548000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-437272000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	283177000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-154447000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-165971000	USD
CY2013Q1	us-gaap	Net Income Loss NetIncomeLoss	-187500000	USD
CY2012Q1	us-gaap	Net Income Loss NetIncomeLoss	-169232000	USD
CY2012Q1	us-gaap	Net Investment Income Insurance Entity NetInvestmentIncomeInsuranceEntity	34713000	USD
CY2013Q1	us-gaap	Net Investment Income Insurance Entity NetInvestmentIncomeInsuranceEntity	26873000	USD
CY2013Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	segment
CY2013Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-202223000	USD
CY2012Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-178125000	USD
CY2013Q1	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	1900000000	USD
CY2013Q1	us-gaap	Other Assets OtherAssets	396453000	USD
CY2012Q4	us-gaap	Other Assets OtherAssets	374662000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-19000	USD
CY2012Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	0	USD
CY2012Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax	0	USD
CY2013Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax	-29000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax	-10000	USD
CY2012Q1	us-gaap	Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax	0	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax	11448000	USD
CY2012Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax	11698000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	7464000	USD
CY2012Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	7604000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax	3984000	USD
CY2012Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax	4094000	USD
CY2012Q1	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	11698000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	11419000	USD
CY2012Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	0	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-29000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-19000	USD
CY2012Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	0	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment Realized Upon Sale Or Liquidation Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentRealizedUponSaleOrLiquidationBeforeTax	0	USD
CY2012Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment Realized Upon Sale Or Liquidation Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentRealizedUponSaleOrLiquidationBeforeTax	0	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment Realized Upon Sale Or Liquidation Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentRealizedUponSaleOrLiquidationNetOfTax	0	USD
CY2012Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment Realized Upon Sale Or Liquidation Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentRealizedUponSaleOrLiquidationNetOfTax	0	USD
CY2012Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	0	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	-10000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Reclassification Adjustment Realized Upon Sale Or Liquidation Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationReclassificationAdjustmentRealizedUponSaleOrLiquidationTax	0	USD
CY2012Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Reclassification Adjustment Realized Upon Sale Or Liquidation Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationReclassificationAdjustmentRealizedUponSaleOrLiquidationTax	0	USD
CY2012Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	7604000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	7445000	USD
CY2012Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax	-14785000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax	-67000	USD
CY2012Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax	-9610000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax	-21000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Tax OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeTax	-46000	USD
CY2012Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Tax OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeTax	-5175000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	3974000	USD
CY2012Q1	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	4094000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	11515000	USD
CY2012Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	26483000	USD
CY2012Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	17214000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	7485000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	4030000	USD
CY2012Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	9269000	USD
CY2012Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	50154000	USD
CY2013Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	80100000	USD
CY2013Q1	us-gaap	Other Income OtherIncome	1771000	USD
CY2012Q1	us-gaap	Other Income OtherIncome	1440000	USD
CY2013Q1	us-gaap	Other Investments OtherInvestments	127093000	USD
CY2012Q4	us-gaap	Other Investments OtherInvestments	126750000	USD
CY2013Q1	us-gaap	Other Premium Revenue Net OtherPremiumRevenueNet	-14597000	USD
CY2012Q1	us-gaap	Other Premium Revenue Net OtherPremiumRevenueNet	89687000	USD
CY2013Q1	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld	0	USD
CY2012Q1	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld	0	USD
CY2013Q1	us-gaap	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	37491000	USD
CY2012Q4	us-gaap	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	697000	USD
CY2012Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-682000	USD
CY2013Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-2005000	USD
CY2013Q1	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	362000	USD
CY2012Q1	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	381000	USD
CY2012Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	132215000	USD
CY2013Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	79372000	USD
CY2013Q1	us-gaap	Payments For Proceeds From Short Term Investments PaymentsForProceedsFromShortTermInvestments	589799000	USD
CY2012Q1	us-gaap	Payments For Proceeds From Short Term Investments PaymentsForProceedsFromShortTermInvestments	-116130000	USD
CY2012Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	333000	USD
CY2013Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	334000	USD
CY2012Q1	us-gaap	Payments To Acquire Trading Securities Heldforinvestment PaymentsToAcquireTradingSecuritiesHeldforinvestment	304512000	USD
CY2013Q1	us-gaap	Payments To Acquire Trading Securities Heldforinvestment PaymentsToAcquireTradingSecuritiesHeldforinvestment	232538000	USD
CY2012Q1	us-gaap	Premiums Earned Net PremiumsEarnedNet	167365000	USD
CY2013Q1	us-gaap	Premiums Earned Net PremiumsEarnedNet	192588000	USD
CY2013Q1	us-gaap	Premiums Written Net PremiumsWrittenNet	207185000	USD
CY2012Q1	us-gaap	Premiums Written Net PremiumsWrittenNet	77678000	USD
CY2013Q1	us-gaap	Proceeds From Contributions From Affiliates ProceedsFromContributionsFromAffiliates	71000000	USD
CY2012Q1	us-gaap	Proceeds From Debt Net Of Issuance Costs ProceedsFromDebtNetOfIssuanceCosts	0	USD
CY2013Q1	us-gaap	Proceeds From Debt Net Of Issuance Costs ProceedsFromDebtNetOfIssuanceCosts	381165000	USD
CY2012Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
CY2013Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	299542000	USD
CY2013Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	2035000	USD
CY2012Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	1917000	USD
CY2013Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities	255000	USD
CY2012Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities	0	USD
CY2013Q1	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	1102000	USD
CY2012Q1	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	15973000	USD
CY2013Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities Equity ProceedsFromSaleOfAvailableForSaleSecuritiesEquity	0	USD
CY2012Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities Equity ProceedsFromSaleOfAvailableForSaleSecuritiesEquity	3154000	USD
CY2012Q1	us-gaap	Proceeds From Sale Of Trading Securities Heldforinvestment ProceedsFromSaleOfTradingSecuritiesHeldforinvestment	450214000	USD
CY2013Q1	us-gaap	Proceeds From Sale Of Trading Securities Heldforinvestment ProceedsFromSaleOfTradingSecuritiesHeldforinvestment	380030000	USD
CY2012Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	7456000	USD
CY2013Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	7105000	USD
CY2012Q1	us-gaap	Reinsurance Premiums For Insurance Companies By Product Segment Amount Assumed From Other Companies ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAmountAssumedFromOtherCompanies	-10685000	USD
CY2013Q1	us-gaap	Reinsurance Premiums For Insurance Companies By Product Segment Amount Assumed From Other Companies ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAmountAssumedFromOtherCompanies	2211000	USD
CY2013Q1	us-gaap	Reinsurance Premiums For Insurance Companies By Product Segment Amount Ceded To Other Companies ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAmountCededToOtherCompanies	17563000	USD
CY2012Q1	us-gaap	Reinsurance Premiums For Insurance Companies By Product Segment Amount Ceded To Other Companies ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAmountCededToOtherCompanies	13966000	USD
CY2013Q1	us-gaap	Reinsurance Premiums For Insurance Companies By Product Segment Gross Amount ReinsurancePremiumsForInsuranceCompaniesByProductSegmentGrossAmount	207940000	USD
CY2012Q1	us-gaap	Reinsurance Premiums For Insurance Companies By Product Segment Gross Amount ReinsurancePremiumsForInsuranceCompaniesByProductSegmentGrossAmount	192016000	USD
CY2013Q1	us-gaap	Reinsurance Premiums For Insurance Companies By Product Segment Net Amount ReinsurancePremiumsForInsuranceCompaniesByProductSegmentNetAmount	192588000	USD
CY2012Q1	us-gaap	Reinsurance Premiums For Insurance Companies By Product Segment Net Amount ReinsurancePremiumsForInsuranceCompaniesByProductSegmentNetAmount	167365000	USD
CY2012Q4	us-gaap	Reinsurance Recoverables ReinsuranceRecoverables	89204000	USD
CY2013Q1	us-gaap	Reinsurance Recoverables ReinsuranceRecoverables	78770000	USD
CY2012Q4	us-gaap	Reserve For Losses And Loss Adjustment Expenses ReserveForLossesAndLossAdjustmentExpenses	3149936000	USD
CY2013Q1	us-gaap	Reserve For Losses And Loss Adjustment Expenses ReserveForLossesAndLossAdjustmentExpenses	2919073000	USD
CY2012Q1	us-gaap	Revenues Revenues	180368000	USD
CY2013Q1	us-gaap	Revenues Revenues	42382000	USD
CY2013Q1	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%;padding-top:6px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents information relating to our mortgage insurance reserves for losses, including our estimate of defaults incurred but not reported (“IBNR”), and LAE as of the dates indicated: </font><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:76.78571428571429%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td width="69%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="13%" 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="13%" 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;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" 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"/>March 31,</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;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2013</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;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2012</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;border-top:1px solid #000000;" 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;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,083,608</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">3,247,900</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"/></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;border-bottom:1px solid #000000;background-color:#cceeff;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;">83,238</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></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;border-bottom:1px solid #000000;background-color:#cceeff;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;">151,569</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></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;border-bottom:1px solid #000000;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;">3,000,370</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"/></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;border-bottom:1px solid #000000;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;">3,096,331</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"/></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></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;">182,534</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"/></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;">218,345</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"/></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;border-bottom:1px solid #000000;background-color:#cceeff;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;">(50,578</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;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;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;border-bottom:1px solid #000000;background-color:#cceeff;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;">16,384</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></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;border-bottom:1px solid #000000;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;">131,956</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;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"/></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;border-bottom:1px solid #000000;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;">234,729</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"/></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></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;">—</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"/></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;">—</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"/></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;border-bottom:1px solid #000000;background-color:#cceeff;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;">309,927</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></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;border-bottom:1px solid #000000;background-color:#cceeff;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;">218,193</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></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;">309,927</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"/></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;">218,193</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"/></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;">2,822,399</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"/></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;">3,112,867</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"/></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;border-bottom:1px solid #000000;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;">72,101</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"/></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;border-bottom:1px solid #000000;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;">118,071</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"/></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;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,894,500</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;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;">3,230,938</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;font-weight:bold;">_________________________</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Related to ceded losses on captive reinsurance transactions, capital markets reinsurance transactions (“Smart Home”) and quota share reinsurance transactions. </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;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 year indicated. 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>
CY2012Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	24226000	USD
CY2013Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	23821000	USD
CY2013Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-542741000	USD
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-355241000	USD
CY2013Q1	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Net Discount ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount	-64599000	USD
CY2013Q1	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Statement Of Financial Position Claim Liability ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionClaimLiability	22468000	USD
CY2013Q1	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Statement Of Financial Position Reinsurance Recoverable ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionReinsuranceRecoverable	0	USD
CY2013Q1	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Statement Of Financial Position Unearned Premium Revenue ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue	28734000	USD
CY2013Q1	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Gross Claim Liability ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability	334641000	USD
CY2013Q1	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding	2419321000	USD
CY2013Q1	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Interest ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest	820187000	USD
CY2013Q1	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Principal ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal	1599134000	USD
CY2013Q1	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Net Claim Liability ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability	36818000	USD
CY2013Q1	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Number Of Contracts Issued And Outstanding ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding	282	contract
CY2013Q1	us-gaap	Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Gross Potential Recoveries ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries	362422000	USD
CY2013Q1	us-gaap	Short Term Investments ShortTermInvestments	1367393000	USD
CY2012Q4	us-gaap	Short Term Investments ShortTermInvestments	777532000	USD
CY2013Q1	us-gaap	Stockholders Equity StockholdersEquity	931046000	USD
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	736325000	USD
CY2012Q4	us-gaap	Trading Securities TradingSecurities	4094622000	USD
CY2013Q1	us-gaap	Trading Securities TradingSecurities	3963465000	USD
CY2013Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	17483957	shares
CY2012Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	17483957	shares
CY2013Q1	us-gaap	Treasury Stock Value TreasuryStockValue	892094000	USD
CY2012Q4	us-gaap	Treasury Stock Value TreasuryStockValue	892094000	USD
CY2012Q4	us-gaap	Unearned Premiums UnearnedPremiums	648682000	USD
CY2013Q1	us-gaap	Unearned Premiums UnearnedPremiums	673849000	USD
CY2012Q4	us-gaap	Valuation Allowance Amount ValuationAllowanceAmount	989700000	USD
CY2013Q1	us-gaap	Valuation Allowance Amount ValuationAllowanceAmount	1019200000	USD
CY2013Q1	us-gaap	Weighted Average Discount Rate Percent WeightedAverageDiscountRatePercent	0.0209
CY2012	us-gaap	Weighted Average Discount Rate Percent WeightedAverageDiscountRatePercent	0.0200
CY2012Q1	us-gaap	Weighted Average Discount Rate Percent WeightedAverageDiscountRatePercent	0.0226
CY2011	us-gaap	Weighted Average Discount Rate Percent WeightedAverageDiscountRatePercent	0.0280
CY2012Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	132465000	shares
CY2013Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	144355000	shares
CY2012Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	132465000	shares
CY2013Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	144355000	shares
CY2012Q1	rdn	Accumulated Other Comprehensive Income Before Tax AccumulatedOtherComprehensiveIncomeBeforeTax	23737000	USD
CY2013Q1	rdn	Accumulated Other Comprehensive Income Before Tax AccumulatedOtherComprehensiveIncomeBeforeTax	36323000	USD
CY2012Q4	rdn	Accumulated Other Comprehensive Income Before Tax AccumulatedOtherComprehensiveIncomeBeforeTax	24904000	USD
CY2011Q4	rdn	Accumulated Other Comprehensive Income Before Tax AccumulatedOtherComprehensiveIncomeBeforeTax	12039000	USD
CY2012Q4	rdn	Accumulated Other Comprehensive Income Tax AccumulatedOtherComprehensiveIncomeTax	8809000	USD
CY2012Q1	rdn	Accumulated Other Comprehensive Income Tax AccumulatedOtherComprehensiveIncomeTax	4733000	USD
CY2011Q4	rdn	Accumulated Other Comprehensive Income Tax AccumulatedOtherComprehensiveIncomeTax	639000	USD
CY2013Q1	rdn	Accumulated Other Comprehensive Income Tax AccumulatedOtherComprehensiveIncomeTax	12783000	USD
CY2013Q1	rdn	Adjustment To Installment Premiums Gross Of Commissions AdjustmentToInstallmentPremiumsGrossOfCommissions	2692000	USD
CY2012Q1	rdn	Adjustment To Installment Premiums Gross Of Commissions AdjustmentToInstallmentPremiumsGrossOfCommissions	94000	USD
CY2012Q1	rdn	Adjustment To Premiums Earned Foreign Exchange Revaluation Gross Of Commission AdjustmentToPremiumsEarnedForeignExchangeRevaluationGrossOfCommission	212000	USD
CY2013Q1	rdn	Adjustment To Premiums Earned Foreign Exchange Revaluation Gross Of Commission AdjustmentToPremiumsEarnedForeignExchangeRevaluationGrossOfCommission	-768000	USD
CY2012Q4	rdn	Amortized Cost Debt And Equity Securities AmortizedCostDebtAndEquitySecurities	128420000	USD
CY2013Q1	rdn	Amortized Cost Debt And Equity Securities AmortizedCostDebtAndEquitySecurities	125239000	USD
	rdn	Amount Of Claimed Income Tax Refund For Tax Years2006 And2007 AmountOfClaimedIncomeTaxRefundForTaxYears2006And2007	105000000	USD
CY2013Q1	rdn	Ceded Credit Risk Unearned Premiums CededCreditRiskUnearnedPremiums	75000000	USD
CY2012Q4	rdn	Ceded Credit Risk Unearned Premiums CededCreditRiskUnearnedPremiums	64500000	USD
CY2012Q1	rdn	Change In Reserve For Premium Deficiency ChangeInReserveForPremiumDeficiency	-20000	USD
CY2013Q1	rdn	Change In Reserve For Premium Deficiency ChangeInReserveForPremiumDeficiency	-629000	USD
CY2012Q4	rdn	Deferred Tax Asset Net Before Allocation Of Valuation Allowance DeferredTaxAssetNetBeforeAllocationOfValuationAllowance	989700000	USD
CY2013Q1	rdn	Deferred Tax Asset Net Before Allocation Of Valuation Allowance DeferredTaxAssetNetBeforeAllocationOfValuationAllowance	1037100000	USD
CY2012Q4	rdn	Fair Value Debt And Equity Securities FairValueDebtAndEquitySecurities	153511000	USD
CY2013Q1	rdn	Fair Value Debt And Equity Securities FairValueDebtAndEquitySecurities	161776000	USD
CY2013Q1	rdn	Fair Value Htm And Afs Securities Unrealized Loss Greater Than Twelve Months FairValueHtmAndAfsSecuritiesUnrealizedLossGreaterThanTwelveMonths	10844000	USD
CY2012Q4	rdn	Fair Value Htm And Afs Securities Unrealized Loss Greater Than Twelve Months FairValueHtmAndAfsSecuritiesUnrealizedLossGreaterThanTwelveMonths	11333000	USD
CY2013Q1	rdn	Fair Value Htm And Afs Securities Unrealized Loss Less Than Twelve Months FairValueHtmAndAfsSecuritiesUnrealizedLossLessThanTwelveMonths	29000	USD
CY2012Q4	rdn	Fair Value Htm And Afs Securities Unrealized Loss Less Than Twelve Months FairValueHtmAndAfsSecuritiesUnrealizedLossLessThanTwelveMonths	31000	USD
CY2013Q1	rdn	Fair Value Htm And Afs Securities With Unrealized Losses FairValueHtmAndAfsSecuritiesWithUnrealizedLosses	10873000	USD
CY2012Q4	rdn	Fair Value Htm And Afs Securities With Unrealized Losses FairValueHtmAndAfsSecuritiesWithUnrealizedLosses	11364000	USD
CY2012Q4	rdn	Gross Unrealized Holding Gains Debt And Equity Securities GrossUnrealizedHoldingGainsDebtAndEquitySecurities	25501000	USD
CY2013Q1	rdn	Gross Unrealized Holding Gains Debt And Equity Securities GrossUnrealizedHoldingGainsDebtAndEquitySecurities	36973000	USD
CY2012Q4	rdn	Gross Unrealized Holding Losses Debt And Equity Securities GrossUnrealizedHoldingLossesDebtAndEquitySecurities	410000	USD
CY2013Q1	rdn	Gross Unrealized Holding Losses Debt And Equity Securities GrossUnrealizedHoldingLossesDebtAndEquitySecurities	436000	USD
CY2013Q1	rdn	Losses Paid For Contract Underwriting Remedies LossesPaidForContractUnderwritingRemedies	700000	USD
CY2013Q1	rdn	Maximum Loan To Value Percentage For Gse Acquired Loans MaximumLoanToValuePercentageForGSEAcquiredLoans	0.80
CY2013Q1	rdn	Minimum Percentage Of Loans In Excess Of80 Ltv Which Must Be Retained By Mortgage Originator Or Seller MinimumPercentageOfLoansInExcessOf80LTVWhichMustBeRetainedByMortgageOriginatorOrSeller	0.10
CY2012Q1	rdn	Net Gains Losses On Other Financial Instruments NetGainsLossesOnOtherFinancialInstruments	-17852000	USD
CY2013Q1	rdn	Net Gains Losses On Other Financial Instruments NetGainsLossesOnOtherFinancialInstruments	-5675000	USD
CY2013Q1	rdn	Number Of Afs And Htm Securities In Unrealized Loss Position NumberOfAfsAndHtmSecuritiesInUnrealizedLossPosition	8	security
CY2012Q4	rdn	Number Of Afs And Htm Securities In Unrealized Loss Position NumberOfAfsAndHtmSecuritiesInUnrealizedLossPosition	9	security
CY2013Q1	rdn	Number Of Days Company Has To Respond To Irs Office Of Appeals Deficiency Notice NumberOfDaysCompanyHasToRespondToIrsOfficeOfAppealsDeficiencyNotice	P90D
CY2013Q1	rdn	Number Of Securities In Continuous Unrealized Loss Position Less Than Twelve Months NumberOfSecuritiesInContinuousUnrealizedLossPositionLessThanTwelveMonths	1	security
CY2012Q4	rdn	Number Of Securities In Continuous Unrealized Loss Position Less Than Twelve Months NumberOfSecuritiesInContinuousUnrealizedLossPositionLessThanTwelveMonths	1	security
CY2013Q1	rdn	Number Of Securities In Continuous Unrealized Loss Position Twelve Months Or Longer NumberOfSecuritiesInContinuousUnrealizedLossPositionTwelveMonthsOrLonger	7	security
CY2012Q4	rdn	Number Of Securities In Continuous Unrealized Loss Position Twelve Months Or Longer NumberOfSecuritiesInContinuousUnrealizedLossPositionTwelveMonthsOrLonger	8	security
CY2012Q4	rdn	Premium Deficiency Reserve PremiumDeficiencyReserve	3685000	USD
CY2013Q1	rdn	Premium Deficiency Reserve PremiumDeficiencyReserve	3056000	USD
CY2012Q1	rdn	Premiums Earned Financial Guaranty Adjustment For Recaptures PremiumsEarnedFinancialGuarantyAdjustmentForRecaptures	-16269000	USD
CY2013Q1	rdn	Premiums Earned Financial Guaranty Adjustment For Recaptures PremiumsEarnedFinancialGuarantyAdjustmentForRecaptures	-2447000	USD
CY2012Q1	rdn	Premiums Earned For Financial Guaranty Adjustment For Refundings PremiumsEarnedForFinancialGuarantyAdjustmentForRefundings	8224000	USD
CY2013Q1	rdn	Premiums Earned For Financial Guaranty Adjustment For Refundings PremiumsEarnedForFinancialGuarantyAdjustmentForRefundings	4753000	USD
CY2013Q1	rdn	Premiums Earned For Financial Guaranty Adjustment For Reinsurance PremiumsEarnedForFinancialGuarantyAdjustmentForReinsurance	0	USD
CY2012Q1	rdn	Premiums Earned For Financial Guaranty Adjustment For Reinsurance PremiumsEarnedForFinancialGuarantyAdjustmentForReinsurance	-5995000	USD
CY2013Q1	rdn	Provision For Contract Underwriting Expense ProvisionForContractUnderwritingExpense	600000	USD
CY2013Q1	rdn	Reserve For Contract Underwriting Obligations ReserveForContractUnderwritingObligations	3500000	USD
CY2013Q1	rdn	Restricted Net Assets Held By Consolidated Subsidiaries RestrictedNetAssetsHeldByConsolidatedSubsidiaries	1200000000	USD
CY2012Q1	rdn	Total Adjustment To Premiums Earned For Financial Guaranty Contracts TotalAdjustmentToPremiumsEarnedForFinancialGuarantyContracts	-13734000	USD
CY2013Q1	rdn	Total Adjustment To Premiums Earned For Financial Guaranty Contracts TotalAdjustmentToPremiumsEarnedForFinancialGuarantyContracts	4295000	USD
CY2013Q1	rdn	Unrealized Loss On Afs And Htm Securities UnrealizedLossOnAfsAndHtmSecurities	436000	USD
CY2012Q4	rdn	Unrealized Loss On Afs And Htm Securities UnrealizedLossOnAfsAndHtmSecurities	410000	USD
CY2013Q1	rdn	Unrealized Loss On Afs And Htm Securities Greater Than Twelve Months UnrealizedLossOnAfsAndHtmSecuritiesGreaterThanTwelveMonths	434000	USD
CY2012Q4	rdn	Unrealized Loss On Afs And Htm Securities Greater Than Twelve Months UnrealizedLossOnAfsAndHtmSecuritiesGreaterThanTwelveMonths	408000	USD
CY2013Q1	rdn	Unrealized Loss On Afs And Htm Securities Less Than Twelve Months UnrealizedLossOnAfsAndHtmSecuritiesLessThanTwelveMonths	2000	USD
CY2012Q4	rdn	Unrealized Loss On Afs And Htm Securities Less Than Twelve Months UnrealizedLossOnAfsAndHtmSecuritiesLessThanTwelveMonths	2000	USD
CY2013Q1	rdn	Unrestricted Cash And Liquid Investments UnrestrictedCashAndLiquidInvestments	886400000	USD
CY2013Q1	rdn	Variable Interest Entity Accounts Payable And Other Liabilities VariableInterestEntityAccountsPayableAndOtherLiabilities	367000	USD
CY2012Q4	rdn	Variable Interest Entity Accounts Payable And Other Liabilities VariableInterestEntityAccountsPayableAndOtherLiabilities	366000	USD
CY2012Q4	rdn	Variable Interest Entity Carrying Amount Of Derivative Assets VariableInterestEntityCarryingAmountOfDerivativeAssets	1585000	USD
CY2013Q1	rdn	Variable Interest Entity Carrying Amount Of Derivative Assets VariableInterestEntityCarryingAmountOfDerivativeAssets	1578000	USD
CY2013Q1	rdn	Variable Interest Entity Carrying Amount Of Other Invested Assets VariableInterestEntityCarryingAmountOfOtherInvestedAssets	76919000	USD
CY2012Q4	rdn	Variable Interest Entity Carrying Amount Of Other Invested Assets VariableInterestEntityCarryingAmountOfOtherInvestedAssets	78006000	USD
CY2012Q4	rdn	Variable Interest Entity Debt VariableInterestEntityDebt	108858000	USD
CY2013Q1	rdn	Variable Interest Entity Debt VariableInterestEntityDebt	107401000	USD
CY2012Q4	rdn	Variable Interest Entity Derivative Liabilities VariableInterestEntityDerivativeLiabilities	70467000	USD
CY2013Q1	rdn	Variable Interest Entity Derivative Liabilities VariableInterestEntityDerivativeLiabilities	66752000	USD
CY2012Q4	rdn	Vie Other Assets VieOtherAssets	99337000	USD
CY2013Q1	rdn	Vie Other Assets VieOtherAssets	96693000	USD
CY2013Q1	dei	Amendment Flag AmendmentFlag	false
CY2013Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2013Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2013Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2013
CY2013Q1	dei	Document Period End Date DocumentPeriodEndDate	2013-03-31
CY2013Q1	dei	Document Type DocumentType	10-Q
CY2013Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000890926
CY2013Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	172866785	shares
CY2013Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2013Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2013Q1	dei	Entity Registrant Name EntityRegistrantName	Radian Group Inc.
CY2013Q1	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2013Q1	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No

Files In Submission

Name	View Source	Status
0000890926-13-000020-index-headers.html	Edgar Link	pending
0000890926-13-000020-index.html	Edgar Link	pending
0000890926-13-000020.txt	Edgar Link	pending
0000890926-13-000020-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R9.htm	Edgar Link	pending
rdn-20130331.xml	Edgar Link	completed
rdn-20130331.xsd	Edgar Link	pending
rdn-20130331_cal.xml	Edgar Link	unprocessable
rdn-20130331_def.xml	Edgar Link	unprocessable
rdn-20130331_lab.xml	Edgar Link	unprocessable
rdn-20130331_pre.xml	Edgar Link	unprocessable
rdn-ex121_2013331xq1nonxpr.htm	Edgar Link	pending
rdn-ex311_2013331xq1.htm	Edgar Link	pending
rdn-ex321_2013331xq1.htm	Edgar Link	pending
rdn10q03312013.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$RDN
RADIAN GROUP INC Stock $rdn

2013 Q1 Form 10-Q Financial Statement

#000089092613000020 Filed on May 10, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$RDN RADIAN GROUP INC Stock $rdn

2013 Q1 Form 10-Q Financial Statement

#000089092613000020 Filed on May 10, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$RDN
RADIAN GROUP INC Stock $rdn