2023 Q4 Form 10-Q Financial Statement

#000089092623000058 Filed on November 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $328.6M $313.5M
YoY Change 4.42% 5.86%
Cost Of Revenue -$8.135M
YoY Change -91.61%
Gross Profit $321.7M
YoY Change -18.18%
Gross Profit Margin 102.59%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.371M $6.920M
YoY Change -13.61% 27.16%
% of Gross Profit 2.15%
Operating Expenses $102.0M $112.6M
YoY Change 36.2% 176.35%
Operating Profit $209.1M
YoY Change -40.66%
Interest Expense -$23.17M $24.30M
YoY Change 7.29% 14.72%
% of Operating Profit 11.62%
Other Income/Expense, Net
YoY Change
Pretax Income $179.8M $201.0M
YoY Change -11.55% -21.33%
Income Tax $37.12M $44.40M
% Of Pretax Income 20.65% 22.09%
Net Earnings $142.7M $156.6M
YoY Change -12.1% -21.03%
Net Earnings / Revenue 43.42% 49.94%
Basic Earnings Per Share $0.99
Diluted Earnings Per Share $0.91 $0.98
COMMON SHARES
Basic Shares Outstanding 153.2M shares 157.4M shares
Diluted Shares Outstanding 160.1M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $19.00M $55.49M
Short-Term Investments
Other Short-Term Assets $750.3M
YoY Change 25.81%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $874.2M $144.6M
YoY Change 22.06% -16.91%
LONG-TERM ASSETS
Property, Plant & Equipment $63.82M $74.56M
YoY Change -10.09% -1.56%
Goodwill $0.00
YoY Change -100.0%
Intangibles
YoY Change
Long-Term Investments $6.086B $6.035B
YoY Change 6.89% 7.93%
Other Assets $1.066M $1.305M
YoY Change 182.76% 17.89%
Total Long-Term Assets $6.720B $7.234B
YoY Change 5.86% 6.2%
TOTAL ASSETS
Total Short-Term Assets $874.2M $144.6M
Total Long-Term Assets $6.720B $7.234B
Total Assets $7.594B $7.379B
YoY Change 7.51% 5.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $44.69M $42.00M
YoY Change -9.5% -17.32%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $44.69M $42.00M
YoY Change -9.5% -17.32%
LONG-TERM LIABILITIES
Long-Term Debt $1.537B $1.658B
YoY Change -2.04% 5.9%
Other Long-Term Liabilities $343.2M $267.7M
YoY Change 2.88% -25.36%
Total Long-Term Liabilities $1.880B $1.926B
YoY Change -1.18% 0.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $44.69M $42.00M
Total Long-Term Liabilities $1.880B $1.926B
Total Liabilities $3.196B $3.226B
YoY Change 1.65% -0.68%
SHAREHOLDERS EQUITY
Retained Earnings $4.244B $4.137B
YoY Change 12.06% 13.12%
Common Stock $173.0K
YoY Change -1.7%
Preferred Stock
YoY Change
Treasury Stock (at cost) $945.9M $945.5M
YoY Change 1.64% 1.62%
Treasury Stock Shares
Shareholders Equity $4.398B $4.153B
YoY Change
Total Liabilities & Shareholders Equity $7.594B $7.379B
YoY Change 7.51% 5.62%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $142.7M $156.6M
YoY Change -12.1% -21.03%
Depreciation, Depletion And Amortization $1.371M $6.920M
YoY Change -13.61% 27.16%
Cash From Operating Activities $265.0M $75.23M
YoY Change 149.61% -28.56%
INVESTING ACTIVITIES
Capital Expenditures $1.886M $4.282M
YoY Change -65.85% -191.81%
Acquisitions
YoY Change
Other Investing Activities -$109.5M -$95.13M
YoY Change 127.16% -334.22%
Cash From Investing Activities -$111.4M -$99.41M
YoY Change 107.32% -376.51%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -190.3M 18.52M
YoY Change 268.3% -108.37%
NET CHANGE
Cash From Operating Activities 265.0M 75.23M
Cash From Investing Activities -111.4M -99.41M
Cash From Financing Activities -190.3M 18.52M
Net Change In Cash -36.73M -5.665M
YoY Change -4984.18% -92.92%
FREE CASH FLOW
Cash From Operating Activities $265.0M $75.23M
Capital Expenditures $1.886M $4.282M
Free Cash Flow $263.1M $70.95M
YoY Change 161.43% -35.48%

Facts In Submission

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us-gaap Number Of Reportable Segments
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us-gaap Use Of Estimates
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<div style="margin-bottom:7pt;margin-top:9pt"><span style="color:#002b49;font-family:'Arial',sans-serif;font-size:13pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:5pt;margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of our contingent assets and liabilities at the dates of the financial statements, as well as the reported amounts of revenues and expenses during the reporting periods. While the amounts included in our condensed consolidated financial statements include our best estimates and assumptions, actual results may vary materially.</span></div>
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PaymentsOfDividendsCommonStock
103721000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
234000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
156582000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
156582000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
198280000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
198280000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
460426000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
460426000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
580604000 usd
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
160147000 shares
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.98
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.20
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.86
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.34
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2023Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
868000 usd
CY2022Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
0 usd
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
868000 usd
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
0 usd
CY2023Q3 us-gaap Revenues
Revenues
313533000 usd
CY2022Q3 us-gaap Revenues
Revenues
296189000 usd
us-gaap Revenues
Revenues
914566000 usd
us-gaap Revenues
Revenues
876002000 usd
CY2023Q3 rdn Services Revenue Net
ServicesRevenueNet
10892000 usd
CY2022Q3 rdn Services Revenue Net
ServicesRevenueNet
20146000 usd
rdn Services Revenue Net
ServicesRevenueNet
33673000 usd
rdn Services Revenue Net
ServicesRevenueNet
76775000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
933718000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
39582000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
3867561000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
627775000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
4801279000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
667357000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
3463314000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
312320000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
1434379000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
269173000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
4897693000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
581493000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
1216 security
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
1284 security
CY2023Q3 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
138000000 usd
CY2022Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
4000000 usd
CY2023Q3 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
-99000 usd
CY2022Q3 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
0 usd
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
-94000 usd
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
0 usd
CY2023Q3 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-2874000 usd
CY2022Q3 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-4139000 usd
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-11730000 usd
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-8454000 usd
CY2023Q3 rdn Change In Unrealized Gains Losses On Investments Sold Or Redeemed
ChangeInUnrealizedGainsLossesOnInvestmentsSoldOrRedeemed
9000 usd
CY2022Q3 rdn Change In Unrealized Gains Losses On Investments Sold Or Redeemed
ChangeInUnrealizedGainsLossesOnInvestmentsSoldOrRedeemed
29000 usd
rdn Change In Unrealized Gains Losses On Investments Sold Or Redeemed
ChangeInUnrealizedGainsLossesOnInvestmentsSoldOrRedeemed
226000 usd
rdn Change In Unrealized Gains Losses On Investments Sold Or Redeemed
ChangeInUnrealizedGainsLossesOnInvestmentsSoldOrRedeemed
-2914000 usd
CY2023Q3 us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
-1675000 usd
CY2022Q3 us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
0 usd
us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
-1785000 usd
us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
0 usd
CY2023Q3 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-7018000 usd
CY2022Q3 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-14803000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-1385000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-60631000 usd
CY2023Q3 us-gaap Gain Loss On Investments
GainLossOnInvestments
-9883000 usd
CY2022Q3 us-gaap Gain Loss On Investments
GainLossOnInvestments
-18913000 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
-12889000 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
-71999000 usd
CY2023Q3 rdn Gain Loss On Financial Instruments
GainLossOnFinancialInstruments
1328000 usd
CY2022Q3 rdn Gain Loss On Financial Instruments
GainLossOnFinancialInstruments
2661000 usd
rdn Gain Loss On Financial Instruments
GainLossOnFinancialInstruments
9683000 usd
rdn Gain Loss On Financial Instruments
GainLossOnFinancialInstruments
-15579000 usd
CY2023Q3 rdn Gain Loss On Investments And Financial Instruments
GainLossOnInvestmentsAndFinancialInstruments
-8555000 usd
CY2022Q3 rdn Gain Loss On Investments And Financial Instruments
GainLossOnInvestmentsAndFinancialInstruments
-16252000 usd
rdn Gain Loss On Investments And Financial Instruments
GainLossOnInvestmentsAndFinancialInstruments
-3206000 usd
rdn Gain Loss On Investments And Financial Instruments
GainLossOnInvestmentsAndFinancialInstruments
-87578000 usd
CY2023Q3 rdn Available For Sale Debt Securities Amortized Cost Basis Including Loaned Securities
AvailableForSaleDebtSecuritiesAmortizedCostBasisIncludingLoanedSecurities
5776666000 usd
CY2023Q3 rdn Available For Sale Securities Debt Securities Including Loaned Securities
AvailableForSaleSecuritiesDebtSecuritiesIncludingLoanedSecurities
5116509000 usd
CY2023Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
5683372000 usd
CY2023Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
5037747000 usd
CY2023Q3 us-gaap Direct Premiums Written
DirectPremiumsWritten
251502000 usd
CY2022Q3 us-gaap Direct Premiums Written
DirectPremiumsWritten
248309000 usd
us-gaap Direct Premiums Written
DirectPremiumsWritten
744419000 usd
us-gaap Direct Premiums Written
DirectPremiumsWritten
749614000 usd
CY2023Q3 us-gaap Direct Premiums Earned
DirectPremiumsEarned
261768000 usd
CY2022Q3 us-gaap Direct Premiums Earned
DirectPremiumsEarned
262010000 usd
us-gaap Direct Premiums Earned
DirectPremiumsEarned
779497000 usd
us-gaap Direct Premiums Earned
DirectPremiumsEarned
793415000 usd
CY2023Q3 rdn Ceded Premiums Written Net
CededPremiumsWrittenNet
12871000 usd
CY2022Q3 rdn Ceded Premiums Written Net
CededPremiumsWrittenNet
9418000 usd
rdn Ceded Premiums Written Net
CededPremiumsWrittenNet
57344000 usd
rdn Ceded Premiums Written Net
CededPremiumsWrittenNet
590000 usd
CY2023Q3 us-gaap Ceded Premiums Earned
CededPremiumsEarned
21506000 usd
CY2022Q3 us-gaap Ceded Premiums Earned
CededPremiumsEarned
22999000 usd
us-gaap Ceded Premiums Earned
CededPremiumsEarned
92568000 usd
us-gaap Ceded Premiums Earned
CededPremiumsEarned
49192000 usd
CY2023Q3 us-gaap Premiums Written Net
PremiumsWrittenNet
238631000 usd
CY2022Q3 us-gaap Premiums Written Net
PremiumsWrittenNet
240102000 usd
us-gaap Premiums Written Net
PremiumsWrittenNet
687075000 usd
us-gaap Premiums Written Net
PremiumsWrittenNet
753105000 usd
CY2023Q3 us-gaap Premiums Earned Net
PremiumsEarnedNet
240262000 usd
CY2022Q3 us-gaap Premiums Earned Net
PremiumsEarnedNet
240222000 usd
us-gaap Premiums Earned Net
PremiumsEarnedNet
686929000 usd
us-gaap Premiums Earned Net
PremiumsEarnedNet
748304000 usd
CY2023Q3 rdn Ceding Commissions Earned
CedingCommissionsEarned
5650000 usd
CY2022Q3 rdn Ceding Commissions Earned
CedingCommissionsEarned
4772000 usd
rdn Ceding Commissions Earned
CedingCommissionsEarned
15953000 usd
rdn Ceding Commissions Earned
CedingCommissionsEarned
13330000 usd
CY2023Q3 rdn Policyholder Benefits And Claims Incurred Ceded Net
PolicyholderBenefitsAndClaimsIncurredCededNet
-1289000 usd
CY2022Q3 rdn Policyholder Benefits And Claims Incurred Ceded Net
PolicyholderBenefitsAndClaimsIncurredCededNet
9278000 usd
rdn Policyholder Benefits And Claims Incurred Ceded Net
PolicyholderBenefitsAndClaimsIncurredCededNet
1095000 usd
rdn Policyholder Benefits And Claims Incurred Ceded Net
PolicyholderBenefitsAndClaimsIncurredCededNet
37138000 usd
CY2023Q3 rdn Unearned Ceding Commissions
UnearnedCedingCommissions
22000000 usd
CY2022Q4 rdn Unearned Ceding Commissions
UnearnedCedingCommissions
27000000 usd
CY2023Q3 us-gaap Securities Loaned Asset
SecuritiesLoanedAsset
149541000 usd
CY2022Q4 us-gaap Securities Loaned Asset
SecuritiesLoanedAsset
112139000 usd
CY2023Q3 us-gaap Life Insurance Corporate Or Bank Owned Amount
LifeInsuranceCorporateOrBankOwnedAmount
107489000 usd
CY2022Q4 us-gaap Life Insurance Corporate Or Bank Owned Amount
LifeInsuranceCorporateOrBankOwnedAmount
105331000 usd
CY2023Q3 us-gaap Prepaid Reinsurance Premiums
PrepaidReinsurancePremiums
106178000 usd
CY2022Q4 us-gaap Prepaid Reinsurance Premiums
PrepaidReinsurancePremiums
141402000 usd
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
17320000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
21099000 usd
CY2023Q3 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
39955000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
47053000 usd
CY2023Q3 us-gaap Other Assets
OtherAssets
420483000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
427024000 usd
CY2023Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1900000 shares
CY2023Q3 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
367568000 usd
CY2022Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
426843000 usd
us-gaap Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
<div style="margin-bottom:5pt;margin-top:8pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">For the periods indicated, the following table presents information relating to our mortgage insurance reserve for losses, including our IBNR reserve and LAE.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:69.138%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.739%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.741%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Rollforward of mortgage insurance reserve for losses</span></div></td></tr><tr style="height:6pt"><td colspan="3" style="border-top:1.5pt solid #99aab6;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #99aab6;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #99aab6;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #99aab6;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #99aab6;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#00bab3;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Nine Months Ended<br/>September 30,</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#8b8886;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(In thousands)</span></td><td colspan="3" style="border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#e6f8f8;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#00bab3;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">2023</span></td><td colspan="3" style="border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#f4f4f4;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#00bab3;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">2022</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #c7c9c7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Balance at beginning of period</span></td><td colspan="3" style="border-top:1pt solid #c7c9c7;padding:0 1pt"></td><td style="border-top:1pt solid #c7c9c7;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">$</span></td><td style="border-top:1pt solid #c7c9c7;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">420,955 </span></td><td style="border-top:1pt solid #c7c9c7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:1pt solid #c7c9c7;padding:0 1pt"></td><td style="border-top:1pt solid #c7c9c7;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">$</span></td><td style="border-top:1pt solid #c7c9c7;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">823,136 </span></td><td style="border-top:1pt solid #c7c9c7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1pt solid #e9e9e9;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Less: Reinsurance recoverables </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">(1) </span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #e9e9e9;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">24,727 </span></td><td style="border-top:1pt solid #e9e9e9;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #e9e9e9;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">66,676 </span></td><td style="border-top:1pt solid #e9e9e9;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#f4f4f4;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Balance at beginning of period, net of reinsurance recoverables</span></td><td colspan="3" style="background-color:#f4f4f4;padding:0 1pt"></td><td colspan="2" style="background-color:#f4f4f4;border-top:1pt solid #c7c9c7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">396,228 </span></td><td style="background-color:#f4f4f4;border-top:1pt solid #c7c9c7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#f4f4f4;padding:0 1pt"></td><td colspan="2" style="background-color:#f4f4f4;border-top:1pt solid #c7c9c7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">756,460 </span></td><td style="background-color:#f4f4f4;border-top:1pt solid #c7c9c7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Add: Losses and LAE incurred in respect of default notices reported and unreported in:</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #c7c9c7;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #c7c9c7;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:1pt solid #e9e9e9;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:12pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Current year</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline"> (2) </span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #e9e9e9;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">130,740 </span></td><td style="border-top:1pt solid #e9e9e9;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #e9e9e9;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">115,159 </span></td><td style="border-top:1pt solid #e9e9e9;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1pt solid #e9e9e9;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Prior years </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #e9e9e9;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(177,483)</span></td><td style="border-top:1pt solid #e9e9e9;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #e9e9e9;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(411,024)</span></td><td style="border-top:1pt solid #e9e9e9;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#f4f4f4;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Total incurred</span></td><td colspan="3" style="background-color:#f4f4f4;padding:0 1pt"></td><td colspan="2" style="background-color:#f4f4f4;border-top:1pt solid #c7c9c7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(46,743)</span></td><td style="background-color:#f4f4f4;border-top:1pt solid #c7c9c7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#f4f4f4;padding:0 1pt"></td><td colspan="2" style="background-color:#f4f4f4;border-top:1pt solid #c7c9c7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(295,865)</span></td><td style="background-color:#f4f4f4;border-top:1pt solid #c7c9c7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Deduct: Paid claims and LAE related to:</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #c7c9c7;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #c7c9c7;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:1pt solid #e9e9e9;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:12pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Current year</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline"> (2) </span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #e9e9e9;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">204 </span></td><td style="border-top:1pt solid #e9e9e9;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #e9e9e9;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">381 </span></td><td style="border-top:1pt solid #e9e9e9;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1pt solid #e9e9e9;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Prior years</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #e9e9e9;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">10,712 </span></td><td style="border-top:1pt solid #e9e9e9;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #e9e9e9;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">12,123 </span></td><td style="border-top:1pt solid #e9e9e9;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#f4f4f4;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Total paid</span></td><td colspan="3" style="background-color:#f4f4f4;padding:0 1pt"></td><td colspan="2" style="background-color:#f4f4f4;border-top:1pt solid #c7c9c7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">10,916 </span></td><td style="background-color:#f4f4f4;border-top:1pt solid #c7c9c7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#f4f4f4;padding:0 1pt"></td><td colspan="2" style="background-color:#f4f4f4;border-top:1pt solid #c7c9c7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">12,504 </span></td><td style="background-color:#f4f4f4;border-top:1pt solid #c7c9c7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#f4f4f4;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Balance at end of period, net of reinsurance recoverables</span></td><td colspan="3" style="background-color:#f4f4f4;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#f4f4f4;border-top:1pt solid #c7c9c7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">338,569 </span></td><td style="background-color:#f4f4f4;border-top:1pt solid #c7c9c7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#f4f4f4;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#f4f4f4;border-top:1pt solid #c7c9c7;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">448,091 </span></td><td style="background-color:#f4f4f4;border-top:1pt solid #c7c9c7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Add: Reinsurance recoverables </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">(1) </span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">23,269 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">29,656 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#f4f4f4;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Balance at end of period</span></td><td colspan="3" style="background-color:#f4f4f4;padding:0 1pt"></td><td style="background-color:#f4f4f4;border-bottom:3pt double #c7c9c7;border-top:1pt solid #c7c9c7;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#f4f4f4;border-bottom:3pt double #c7c9c7;border-top:1pt solid #c7c9c7;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">361,838 </span></td><td style="background-color:#f4f4f4;border-bottom:3pt double #c7c9c7;border-top:1pt solid #c7c9c7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#f4f4f4;padding:0 1pt"></td><td style="background-color:#f4f4f4;border-bottom:3pt double #c7c9c7;border-top:1pt solid #c7c9c7;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#f4f4f4;border-bottom:3pt double #c7c9c7;border-top:1pt solid #c7c9c7;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">477,747 </span></td><td style="background-color:#f4f4f4;border-bottom:3pt double #c7c9c7;border-top:1pt solid #c7c9c7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#64615d;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span><span style="color:#64615d;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.24pt">Related to ceded losses recoverable, if any, on reinsurance transactions. See Note 8 for additional information.</span></div><div style="margin-bottom:12pt;padding-left:18pt;text-indent:-18pt"><span style="color:#64615d;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span><span style="color:#64615d;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.24pt">Related to underlying defaulted loans with a most recent default notice dated 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.</span></div>
CY2023Q3 us-gaap Other Borrowings
OtherBorrowings
241753000 usd
CY2022Q4 us-gaap Other Borrowings
OtherBorrowings
155822000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
42000000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
49000000 usd
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
157056000 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
175421000 shares
rdn Share Based Payment Arrangement Net Of Shares Withheld For Tax Withholding Obligation
ShareBasedPaymentArrangementNetOfSharesWithheldForTaxWithholdingObligation
1343000 shares
CY2022 rdn Share Based Payment Arrangement Net Of Shares Withheld For Tax Withholding Obligation
ShareBasedPaymentArrangementNetOfSharesWithheldForTaxWithholdingObligation
1141000 shares
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
155582000 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
157056000 shares
CY2023Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
300000000 usd
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
2800000 shares
CY2023Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
26.71
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
24.86
CY2022Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
CY2022Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.225
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.225
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.225
CY2023Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-126080000 usd
CY2023Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-26477000 usd
CY2023Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-99603000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-94777000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-19903000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-74874000 usd
CY2023Q3 rdn Other Comprehensive Income Loss Reclassification Adjustment For Non Credit Related Impairments Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsBeforeTax
-2794000 usd
CY2023Q3 rdn Other Comprehensive Income Loss Reclassification Adjustment For Non Credit Related Impairments Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsTax
-587000 usd
CY2023Q3 rdn Other Comprehensive Income Loss Reclassification Adjustment For Non Credit Related Impairments Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax
-2207000 usd
rdn Other Comprehensive Income Loss Reclassification Adjustment For Non Credit Related Impairments Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsBeforeTax
-13180000 usd
rdn Other Comprehensive Income Loss Reclassification Adjustment For Non Credit Related Impairments Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsTax
-2768000 usd
rdn Other Comprehensive Income Loss Reclassification Adjustment For Non Credit Related Impairments Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax
-10412000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-123286000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-25890000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-97396000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-81597000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-17135000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-64462000 usd
CY2023Q3 rdn Other Adjustments To Other Comprehensive Income Before Tax
OtherAdjustmentsToOtherComprehensiveIncomeBeforeTax
0 usd
CY2023Q3 rdn Other Adjustments To Other Comprehensive Income Tax
OtherAdjustmentsToOtherComprehensiveIncomeTax
0 usd
CY2023Q3 rdn Other Adjustments To Other Comprehensive Income Net Of Tax
OtherAdjustmentsToOtherComprehensiveIncomeNetOfTax
0 usd
rdn Other Adjustments To Other Comprehensive Income Before Tax
OtherAdjustmentsToOtherComprehensiveIncomeBeforeTax
227000 usd
rdn Other Adjustments To Other Comprehensive Income Tax
OtherAdjustmentsToOtherComprehensiveIncomeTax
48000 usd
rdn Other Adjustments To Other Comprehensive Income Net Of Tax
OtherAdjustmentsToOtherComprehensiveIncomeNetOfTax
179000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-123286000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-25890000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-97396000 usd
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-81370000 usd
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-17087000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-64283000 usd
CY2022Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-223279000 usd
CY2022Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-46888000 usd
CY2022Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-176391000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-797908000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-167560000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-630348000 usd
CY2022Q3 rdn Other Comprehensive Income Loss Reclassification Adjustment For Non Credit Related Impairments Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsBeforeTax
-4153000 usd
CY2022Q3 rdn Other Comprehensive Income Loss Reclassification Adjustment For Non Credit Related Impairments Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsTax
-872000 usd
CY2022Q3 rdn Other Comprehensive Income Loss Reclassification Adjustment For Non Credit Related Impairments Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax
-3281000 usd
rdn Other Comprehensive Income Loss Reclassification Adjustment For Non Credit Related Impairments Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsBeforeTax
-10071000 usd
rdn Other Comprehensive Income Loss Reclassification Adjustment For Non Credit Related Impairments Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsTax
-2115000 usd
rdn Other Comprehensive Income Loss Reclassification Adjustment For Non Credit Related Impairments Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax
-7956000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-219126000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-46016000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-173110000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-787837000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-165445000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-622392000 usd
CY2022Q3 rdn Other Adjustments To Other Comprehensive Income Before Tax
OtherAdjustmentsToOtherComprehensiveIncomeBeforeTax
0 usd
CY2022Q3 rdn Other Adjustments To Other Comprehensive Income Tax
OtherAdjustmentsToOtherComprehensiveIncomeTax
0 usd
CY2022Q3 rdn Other Adjustments To Other Comprehensive Income Net Of Tax
OtherAdjustmentsToOtherComprehensiveIncomeNetOfTax
0 usd
rdn Other Adjustments To Other Comprehensive Income Before Tax
OtherAdjustmentsToOtherComprehensiveIncomeBeforeTax
106000 usd
rdn Other Adjustments To Other Comprehensive Income Tax
OtherAdjustmentsToOtherComprehensiveIncomeTax
22000 usd
rdn Other Adjustments To Other Comprehensive Income Net Of Tax
OtherAdjustmentsToOtherComprehensiveIncomeNetOfTax
84000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-219126000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-46016000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-173110000 usd
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-787731000 usd
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-165423000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-622308000 usd
CY2023Q3 rdn Risk To Capital Ratio Regulatory Maximum
RiskToCapitalRatioRegulatoryMaximum
25
CY2023Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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0000890926-23-000058.txt Edgar Link pending
0000890926-23-000058-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
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rdn-20230930_pre.xml Edgar Link unprocessable
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rdn-20230930_cal.xml Edgar Link unprocessable
rdn-20230930_def.xml Edgar Link unprocessable