2024 Q1 Form 10-K Financial Statement

#000089092624000006 Filed on February 23, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $319.4M $328.6M $1.241B
YoY Change 2.83% 4.42% 4.19%
Cost Of Revenue $9.327M $38.49M
YoY Change -155.09% -53.26%
Gross Profit $310.1M $1.202B
YoY Change -5.33% 8.46%
Gross Profit Margin 97.08% 96.9%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.794M $1.371M $5.483M
YoY Change 7.96% -13.61% -63.93%
% of Gross Profit 2.19% 0.46%
Operating Expenses $87.45M $102.0M $360.5M
YoY Change -17.97% 36.2% 160.04%
Operating Profit $222.6M $841.6M
YoY Change 0.77% -13.22%
Interest Expense $29.05M -$23.17M -$89.70M
YoY Change 30.8% 7.29% -206.21%
% of Operating Profit 13.05% -10.66%
Other Income/Expense, Net
YoY Change
Pretax Income $198.6M $179.8M $767.5M
YoY Change -2.63% -11.55% -19.45%
Income Tax $46.30M $37.12M $164.4M
% Of Pretax Income 23.3% 20.65% 21.42%
Net Earnings $152.4M $142.7M $603.1M
YoY Change -3.42% -12.1% -18.82%
Net Earnings / Revenue 47.7% 43.42% 48.62%
Basic Earnings Per Share $0.99 $3.81
Diluted Earnings Per Share $0.98 $0.91 $3.77
COMMON SHARES
Basic Shares Outstanding 151.5M shares 153.2M shares 158.1M shares
Diluted Shares Outstanding 156.0M shares 160.1M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $26.99M $19.00M
Short-Term Investments
Other Short-Term Assets $750.3M $750.3M
YoY Change 25.81% 25.81%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $130.1M $874.2M $874.2M
YoY Change 0.41% 22.06% 22.06%
LONG-TERM ASSETS
Property, Plant & Equipment $60.52M $63.82M $63.82M
YoY Change -16.07% -10.09% -10.09%
Goodwill $0.00
YoY Change -100.0%
Intangibles
YoY Change
Long-Term Investments $6.447B $6.086B $6.086B
YoY Change 8.02% 6.89% 6.89%
Other Assets $1.832M $1.066M $1.066M
YoY Change 217.5% 182.76% 182.76%
Total Long-Term Assets $7.630B $6.720B $6.720B
YoY Change 7.84% 5.86% 5.86%
TOTAL ASSETS
Total Short-Term Assets $130.1M $874.2M $874.2M
Total Long-Term Assets $7.630B $6.720B $6.720B
Total Assets $7.760B $7.594B $7.594B
YoY Change 7.71% 7.51% 7.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $42.00M $44.69M $44.69M
YoY Change -10.45% -9.5% -9.5%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $42.00M $44.69M $44.69M
YoY Change -10.45% -9.5% -9.5%
LONG-TERM LIABILITIES
Long-Term Debt $1.720B $1.537B $1.537B
YoY Change 12.0% -2.04% -2.04%
Other Long-Term Liabilities $220.9M $343.2M $343.2M
YoY Change -9.03% 2.88% 2.88%
Total Long-Term Liabilities $1.941B $1.880B $1.880B
YoY Change 9.13% -1.18% -1.18%
TOTAL LIABILITIES
Total Short-Term Liabilities $42.00M $44.69M $44.69M
Total Long-Term Liabilities $1.941B $1.880B $1.880B
Total Liabilities $3.320B $3.196B $3.196B
YoY Change 7.17% 1.65% 1.65%
SHAREHOLDERS EQUITY
Retained Earnings $4.358B $4.244B
YoY Change 11.5% 12.06%
Common Stock $173.0K
YoY Change -1.7%
Preferred Stock
YoY Change
Treasury Stock (at cost) $946.2M $945.9M
YoY Change 1.6% 1.64%
Treasury Stock Shares
Shareholders Equity $4.440B $4.398B $4.398B
YoY Change
Total Liabilities & Shareholders Equity $7.760B $7.594B $7.594B
YoY Change 7.71% 7.51% 7.51%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $152.4M $142.7M $603.1M
YoY Change -3.42% -12.1% -18.82%
Depreciation, Depletion And Amortization $6.794M $1.371M $5.483M
YoY Change 7.96% -13.61% -63.93%
Cash From Operating Activities $51.04M $265.0M $529.4M
YoY Change -56.29% 149.61% 36.35%
INVESTING ACTIVITIES
Capital Expenditures $1.558M $1.886M $16.28M
YoY Change -67.45% -65.85% -7.87%
Acquisitions
YoY Change
Other Investing Activities $180.0K -$109.5M $45.00K
YoY Change 9.09% 127.16% -99.35%
Cash From Investing Activities -$73.40M -$111.4M -$300.8M
YoY Change 140.32% 107.32% 5713.37%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $31.11M -190.3M -$265.1M
YoY Change -133.8% 268.3% -44.68%
NET CHANGE
Cash From Operating Activities $51.04M 265.0M $529.4M
Cash From Investing Activities -$73.40M -111.4M -$300.8M
Cash From Financing Activities $31.11M -190.3M -$265.1M
Net Change In Cash $8.760M -36.73M -$36.50M
YoY Change -250.62% -4984.18% -62.01%
FREE CASH FLOW
Cash From Operating Activities $51.04M $265.0M $529.4M
Capital Expenditures $1.558M $1.886M $16.28M
Free Cash Flow $49.49M $263.1M $513.2M
YoY Change -55.81% 161.43% 38.46%

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CY2022 rdn Other Comprehensive Income Loss Reclassification Adjustment For Non Credit Related Impairments Net Of Tax
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CY2022 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
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CY2021 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
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CY2023 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
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CY2022 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
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CY2021 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
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CY2023 rdn Other Adjustments To Other Comprehensive Income Net Of Tax
OtherAdjustmentsToOtherComprehensiveIncomeNetOfTax
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CY2022 rdn Other Adjustments To Other Comprehensive Income Net Of Tax
OtherAdjustmentsToOtherComprehensiveIncomeNetOfTax
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CY2021 rdn Other Adjustments To Other Comprehensive Income Net Of Tax
OtherAdjustmentsToOtherComprehensiveIncomeNetOfTax
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CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
457039000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2023 us-gaap Net Income Loss
NetIncomeLoss
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CY2022 us-gaap Net Income Loss
NetIncomeLoss
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CY2021 us-gaap Net Income Loss
NetIncomeLoss
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CY2023 rdn Net Gains Losses On Investments And Other Financial Instruments
NetGainsLossesOnInvestmentsAndOtherFinancialInstruments
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CY2022 rdn Net Gains Losses On Investments And Other Financial Instruments
NetGainsLossesOnInvestmentsAndOtherFinancialInstruments
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CY2021 rdn Net Gains Losses On Investments And Other Financial Instruments
NetGainsLossesOnInvestmentsAndOtherFinancialInstruments
15603000 usd
CY2023 us-gaap Payments To Purchase Mortgage Loans Held For Sale
PaymentsToPurchaseMortgageLoansHeldForSale
220885000 usd
CY2022 us-gaap Payments To Purchase Mortgage Loans Held For Sale
PaymentsToPurchaseMortgageLoansHeldForSale
3890000 usd
CY2021 us-gaap Payments To Purchase Mortgage Loans Held For Sale
PaymentsToPurchaseMortgageLoansHeldForSale
0 usd
CY2023 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
172573000 usd
CY2022 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
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CY2021 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
0 usd
CY2023 us-gaap Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
17064000 usd
CY2022 us-gaap Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
393000 usd
CY2021 us-gaap Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
0 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
9802000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023 rdn Increase Decrease In Goodwill And Intangible Assets Including Restructuring
IncreaseDecreaseInGoodwillAndIntangibleAssetsIncludingRestructuring
5483000 usd
CY2022 rdn Increase Decrease In Goodwill And Intangible Assets Including Restructuring
IncreaseDecreaseInGoodwillAndIntangibleAssetsIncludingRestructuring
4308000 usd
CY2021 rdn Increase Decrease In Goodwill And Intangible Assets Including Restructuring
IncreaseDecreaseInGoodwillAndIntangibleAssetsIncludingRestructuring
3450000 usd
CY2023 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
73632000 usd
CY2022 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
72267000 usd
CY2021 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
72020000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
165001000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
206925000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
161793000 usd
CY2023 us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
5690000 usd
CY2022 us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
7281000 usd
CY2021 us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
-1235000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1618000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-4210000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2722000 usd
CY2023 us-gaap Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
276000 usd
CY2022 us-gaap Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
-42263000 usd
CY2021 us-gaap Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
-5306000 usd
CY2023 us-gaap Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
258000 usd
CY2022 us-gaap Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
2143000 usd
CY2021 us-gaap Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
-1988000 usd
CY2023 us-gaap Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidTaxes
153952000 usd
CY2022 us-gaap Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidTaxes
242245000 usd
CY2021 us-gaap Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidTaxes
143234000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-37960000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-65744000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-65071000 usd
CY2023 us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
-46083000 usd
CY2022 us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
-57611000 usd
CY2021 us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
-119701000 usd
CY2023 us-gaap Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve
IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve
-56695000 usd
CY2022 us-gaap Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve
IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve
-401799000 usd
CY2021 us-gaap Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve
IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve
-19771000 usd
CY2023 us-gaap Increase Decrease In Funds Held Under Reinsurance Agreements
IncreaseDecreaseInFundsHeldUnderReinsuranceAgreements
21503000 usd
CY2022 us-gaap Increase Decrease In Funds Held Under Reinsurance Agreements
IncreaseDecreaseInFundsHeldUnderReinsuranceAgreements
76011000 usd
CY2021 us-gaap Increase Decrease In Funds Held Under Reinsurance Agreements
IncreaseDecreaseInFundsHeldUnderReinsuranceAgreements
50477000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-37999000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-40499000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-2914000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
529434000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
388298000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
557112000 usd
CY2023 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
331880000 usd
CY2022 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
399371000 usd
CY2021 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
735340000 usd
CY2023 us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
9123000 usd
CY2022 us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
8868000 usd
CY2021 us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
7952000 usd
CY2023 us-gaap Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
67953000 usd
CY2022 us-gaap Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
8004000 usd
CY2021 us-gaap Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
36748000 usd
CY2023 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
498081000 usd
CY2022 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
789929000 usd
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
1225626000 usd
CY2023 us-gaap Proceeds From Maturities Repayments And Calls Of Trading Securities Heldforinvestment
ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment
1707000 usd
CY2022 us-gaap Proceeds From Maturities Repayments And Calls Of Trading Securities Heldforinvestment
ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment
102121000 usd
CY2021 us-gaap Proceeds From Maturities Repayments And Calls Of Trading Securities Heldforinvestment
ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment
16668000 usd
CY2023 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
933264000 usd
CY2022 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
1414966000 usd
CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
1980155000 usd
CY2023 us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
8334000 usd
CY2022 us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
24637000 usd
CY2021 us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
105649000 usd
CY2023 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
251662000 usd
CY2022 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
-150694000 usd
CY2021 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
-68083000 usd
CY2023 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
45000 usd
CY2022 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
6887000 usd
CY2021 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-6126000 usd
CY2023 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
16281000 usd
CY2022 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
17672000 usd
CY2021 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
12601000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-300842000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5175000 usd
CY2023 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
145908000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1382000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
400195000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
399100000 usd
CY2023 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-904000 usd
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-814000 usd
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-3325000 usd
CY2022 us-gaap Increase Decrease In Securities Lending Payable
IncreaseDecreaseInSecuritiesLendingPayable
102983000 usd
CY2021 us-gaap Increase Decrease In Securities Lending Payable
IncreaseDecreaseInSecuritiesLendingPayable
13565000 usd
CY2023 us-gaap Proceeds From Short Term Debt Maturing In More Than Three Months
ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths
207518000 usd
CY2022 us-gaap Proceeds From Short Term Debt Maturing In More Than Three Months
ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths
28704000 usd
CY2021 us-gaap Proceeds From Short Term Debt Maturing In More Than Three Months
ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths
42000000 usd
CY2023 us-gaap Repayments Of Short Term Debt Maturing In More Than Three Months
RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths
232463000 usd
CY2022 us-gaap Repayments Of Short Term Debt Maturing In More Than Three Months
RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths
75765000 usd
CY2021 us-gaap Repayments Of Short Term Debt Maturing In More Than Three Months
RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths
48000000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-265087000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-496776000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-36495000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-96060000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
58474000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
56560000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
152620000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
94146000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20065000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
56560000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
152620000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
153974000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
243500000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
143973000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
86532000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
603119000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
79062000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
78704000 usd
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<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 consolidated financial statements include our best estimates and assumptions, actual results may vary materially.</span></div>
CY2023 rdn Maximum Maturity Duration For Short Term Investment Grouping
MaximumMaturityDurationForShortTermInvestmentGrouping
P12M
CY2023 us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 reportingunit
CY2022Q4 us-gaap Goodwill Gross
GoodwillGross
9802000 usd
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 usd
CY2022Q4 us-gaap Goodwill
Goodwill
9802000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
9802000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
9802000 usd
CY2023Q4 us-gaap Goodwill Gross
GoodwillGross
9802000 usd
CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
9802000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
0 usd
CY2023Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
10000000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
0 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
603119000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15000000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15000000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16000000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
274628000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
210806000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
63822000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
263335000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
192354000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
70981000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
742934000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
742934000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
600671000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
600671000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
158140000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
167930000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
188370000 shares
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1993000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2734000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1893000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
160133000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
170664000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
190263000 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.81
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.42
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.19
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.77
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.35
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.16
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
9802000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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IncreaseDecreaseInGoodwillAndIntangibleAssets
5483000 usd
CY2022 rdn Increase Decrease In Goodwill And Intangible Assets
IncreaseDecreaseInGoodwillAndIntangibleAssets
4308000 usd
CY2021 rdn Increase Decrease In Goodwill And Intangible Assets
IncreaseDecreaseInGoodwillAndIntangibleAssets
3450000 usd
CY2023 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
13082000 usd
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
14850000 usd
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
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3561000 usd
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767487000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
952779000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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764832000 usd
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919578000 usd
CY2023 rdn Services Revenue Net
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46092000 usd
CY2023 us-gaap Net Investment Income
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258430000 usd
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10241000 usd
CY2023 us-gaap Other Income
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CY2023 us-gaap Revenues
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1240588000 usd
CY2022 us-gaap Premiums Earned Net
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CY2022 rdn Services Revenue Net
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CY2022 us-gaap Net Investment Income
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CY2022 us-gaap Revenues
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CY2021 us-gaap Premiums Earned Net
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1037183000 usd
CY2021 rdn Services Revenue Net
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125825000 usd
CY2021 us-gaap Net Investment Income
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147909000 usd
CY2021 rdn Net Gains Losses On Investments And Other Financial Instruments
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15603000 usd
CY2021 us-gaap Other Income
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3412000 usd
CY2021 us-gaap Revenues
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1329932000 usd
CY2023 rdn Services Revenue Net
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46092000 usd
CY2022 rdn Services Revenue Net
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92216000 usd
CY2021 rdn Services Revenue Net
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125825000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
381388000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
4567000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
3981258000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
438964000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
4362646000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
443531000 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
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
1063 security
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
1284 security
CY2023 rdn Securities Lending Rate Of Collateral Required
SecuritiesLendingRateOfCollateralRequired
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268412000 usd
CY2022 us-gaap Gross Investment Income Operating
GrossInvestmentIncomeOperating
202524000 usd
CY2021 us-gaap Gross Investment Income Operating
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154956000 usd
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InvestmentIncomeInvestmentExpense
9982000 usd
CY2022 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
6866000 usd
CY2021 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
7047000 usd
CY2023 us-gaap Investment Income Net
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258430000 usd
CY2022 us-gaap Investment Income Net
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195658000 usd
CY2021 us-gaap Investment Income Net
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147909000 usd
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CY2021 rdn Realized Gains Losses On Investments Net
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20842000 usd
CY2023 rdn Change In Unrealized Gains Losses On Investments Sold Or Redeemed
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915000 usd
CY2022 rdn Change In Unrealized Gains Losses On Investments Sold Or Redeemed
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CY2021 rdn Change In Unrealized Gains Losses On Investments Sold Or Redeemed
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CY2023 rdn Other Than Temporary Impairment Losses Investments Expected Credit Losses
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CY2022 rdn Other Than Temporary Impairment Losses Investments Expected Credit Losses
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CY2021 rdn Other Than Temporary Impairment Losses Investments Expected Credit Losses
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CY2023 rdn Changein Unrealized Holding Gain Loss
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9958000 usd
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4053000 usd
CY2023 us-gaap Gain Loss On Investments
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140000 usd
CY2022 us-gaap Gain Loss On Investments
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-65106000 usd
CY2021 us-gaap Gain Loss On Investments
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17099000 usd
CY2023 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
814000 usd
CY2022 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
48000 usd
CY2021 us-gaap Gain Loss On Sale Of Mortgage Loans
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CY2023 rdn Gain Loss On Financial Instruments
GainLossOnFinancialInstruments
9287000 usd
CY2022 rdn Gain Loss On Financial Instruments
GainLossOnFinancialInstruments
-15675000 usd
CY2021 rdn Gain Loss On Financial Instruments
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CY2023 rdn Net Gains Losses On Investments And Other Financial Instruments
NetGainsLossesOnInvestmentsAndOtherFinancialInstruments
10241000 usd
CY2022 rdn Net Gains Losses On Investments And Other Financial Instruments
NetGainsLossesOnInvestmentsAndOtherFinancialInstruments
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CY2021 rdn Net Gains Losses On Investments And Other Financial Instruments
NetGainsLossesOnInvestmentsAndOtherFinancialInstruments
15603000 usd
CY2023Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
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CY2022Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
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CY2023Q4 rdn Number Of Investments
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CY2023Q4 rdn Impaired Investment Unpaid Principal Amount
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32000000 usd
CY2023Q4 rdn Investments Number Of States
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CY2023 us-gaap Loans And Leases Receivable Commitments To Purchase Or Sell
LoansAndLeasesReceivableCommitmentsToPurchaseOrSell
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CY2023 us-gaap Direct Premiums Written
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CY2022 us-gaap Direct Premiums Written
DirectPremiumsWritten
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CY2021 us-gaap Direct Premiums Written
DirectPremiumsWritten
1024660000 usd
CY2023 us-gaap Direct Premiums Earned
DirectPremiumsEarned
1040406000 usd
CY2022 us-gaap Direct Premiums Earned
DirectPremiumsEarned
1050029000 usd
CY2021 us-gaap Direct Premiums Earned
DirectPremiumsEarned
1144361000 usd
CY2023 us-gaap Ceded Premiums Written
CededPremiumsWritten
79868000 usd
CY2022 us-gaap Ceded Premiums Written
CededPremiumsWritten
12652000 usd
CY2021 us-gaap Ceded Premiums Written
CededPremiumsWritten
48279000 usd
CY2023 us-gaap Ceded Premiums Earned
CededPremiumsEarned
120828000 usd
CY2022 us-gaap Ceded Premiums Earned
CededPremiumsEarned
72923000 usd
CY2021 us-gaap Ceded Premiums Earned
CededPremiumsEarned
114244000 usd
CY2023 us-gaap Premiums Written Net
PremiumsWrittenNet
914455000 usd
CY2022 us-gaap Premiums Written Net
PremiumsWrittenNet
983791000 usd
CY2021 us-gaap Premiums Written Net
PremiumsWrittenNet
983447000 usd
CY2023 us-gaap Premiums Earned Net
PremiumsEarnedNet
919578000 usd
CY2022 us-gaap Premiums Earned Net
PremiumsEarnedNet
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CY2021 us-gaap Premiums Earned Net
PremiumsEarnedNet
1037183000 usd
CY2023 rdn Ceding Commissions Earned
CedingCommissionsEarned
21719000 usd
CY2022 rdn Ceding Commissions Earned
CedingCommissionsEarned
18998000 usd
CY2021 rdn Ceding Commissions Earned
CedingCommissionsEarned
31745000 usd
CY2023 us-gaap Reinsurance Effect On Claims And Benefits Incurred Amount Ceded
ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountCeded
773000 usd
CY2022 us-gaap Reinsurance Effect On Claims And Benefits Incurred Amount Assumed
ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountAssumed
41980000 usd
CY2021 us-gaap Reinsurance Effect On Claims And Benefits Incurred Amount Assumed
ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountAssumed
4570000 usd
CY2023Q4 rdn Unearned Ceding Commissions
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20000000 usd
CY2022Q4 rdn Unearned Ceding Commissions
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27000000 usd
CY2023Q4 us-gaap Securities Loaned Asset
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203693000 usd
CY2022Q4 us-gaap Securities Loaned Asset
SecuritiesLoanedAsset
112139000 usd
CY2023Q4 us-gaap Life Insurance Corporate Or Bank Owned Amount
LifeInsuranceCorporateOrBankOwnedAmount
106417000 usd
CY2022Q4 us-gaap Life Insurance Corporate Or Bank Owned Amount
LifeInsuranceCorporateOrBankOwnedAmount
105331000 usd
CY2023Q4 us-gaap Prepaid Reinsurance Premiums
PrepaidReinsurancePremiums
100443000 usd
CY2022Q4 us-gaap Prepaid Reinsurance Premiums
PrepaidReinsurancePremiums
141402000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
16292000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
21099000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
32960000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
47053000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
459805000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
427024000 usd
CY2021 rdn Lessee Operating Lease Number Of Contracts
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CY2023 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
5000000 usd
CY2022 us-gaap Operating Lease Impairment Loss
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8000000 usd
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DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
10829000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
11913000 usd
CY2023Q4 rdn Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
9386000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2920000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2368000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
165001000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
206925000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
161793000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
164368000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
209845000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
164161000 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
161172000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
200084000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
160615000 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
8988000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
20869000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-1714000 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-6283000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-13791000 usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
5700000 usd
CY2023 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
491000 usd
CY2022 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
2683000 usd
CY2021 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-440000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
164368000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
209845000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
164161000 usd
CY2023Q4 us-gaap Deferred Tax Assets Other Comprehensive Loss
DeferredTaxAssetsOtherComprehensiveLoss
88065000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other Comprehensive Loss
DeferredTaxAssetsOtherComprehensiveLoss
121497000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
46170000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
54946000 usd
CY2023Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
29197000 usd
CY2022Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
30782000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Unearned Premiums Reserve
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsUnearnedPremiumsReserve
24948000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Unearned Premiums Reserve
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsUnearnedPremiumsReserve
26108000 usd
CY2023Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
12450000 usd
CY2022Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
4740000 usd
CY2022Q4 rdn Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
10371000 usd
CY2023Q4 us-gaap Deferred Tax Assets Unrealized Losses On Trading Securities
DeferredTaxAssetsUnrealizedLossesOnTradingSecurities
2840000 usd
CY2022Q4 us-gaap Deferred Tax Assets Unrealized Losses On Trading Securities
DeferredTaxAssetsUnrealizedLossesOnTradingSecurities
5998000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves
2805000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves
3102000 usd
CY2023Q4 us-gaap Deferred Tax Assets Other
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28196000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
30673000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
254886000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
300130000 usd
CY2023Q4 rdn Deferred Tax Liabilities Contingency Reserve
DeferredTaxLiabilitiesContingencyReserve
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CY2022Q4 rdn Deferred Tax Liabilities Contingency Reserve
DeferredTaxLiabilitiesContingencyReserve
587722000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
5795000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
10031000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Other
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19820000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
23823000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
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CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
621576000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
63354000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
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CY2023Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
589564000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
391083000 usd
CY2023Q4 rdn Income Taxes Payable Federal Current
IncomeTaxesPayableFederalCurrent
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CY2022Q4 rdn Income Taxes Payable Federal Current
IncomeTaxesPayableFederalCurrent
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CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
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CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
70000000 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2023 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
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CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
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CY2022Q4 us-gaap Unrecognized Tax Benefits
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20810000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
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CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
314000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1791000 usd
CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
290000 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
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CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
20387000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
17666000 usd
CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
667000 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
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CY2023 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
20623000 usd
CY2022 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
18518000 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
19931000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
20810000 usd
CY2023 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
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CY2023Q4 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
297000 usd
CY2023Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
370148000 usd
CY2022Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
426843000 usd
CY2023 us-gaap Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
<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%">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:54.257%"></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:12.739%"></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:12.742%"></td><td style="width:0.1%"></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:10pt;font-weight:700;line-height:120%">Rollforward of mortgage insurance reserve for losses</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></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><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="15" 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%">Years Ended December 31,</span></td></tr><tr><td colspan="3" style="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="padding:0 1pt"></td><td colspan="3" style="background-color:#e6f8f8;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="padding:0 1pt"></td><td colspan="3" style="background-color:#f4f4f4;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><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#f4f4f4;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%">2021</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 year</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><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%">844,107 </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><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%">71,769 </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;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 beginning of year, 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%">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;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%">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><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%">772,338 </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="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%">Add: Losses and LAE incurred in respect of default notices reported and unreported in:</span></td><td colspan="3" style="border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #c7c9c7;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #c7c9c7;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #ffffff;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><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </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%">178,665 </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%">160,049 </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%">160,565 </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%">(220,801)</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%">(499,423)</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%">(141,126)</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;border-top:1pt solid #ffffff;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;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%">(42,136)</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%">(339,374)</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%">19,439 </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="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%">Deduct: Paid claims and LAE related to:</span></td><td colspan="3" style="border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #c7c9c7;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #c7c9c7;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #ffffff;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%">246 </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%">499 </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%">1,112 </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%">13,997 </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%">20,359 </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%">34,205 </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;border-top:1pt solid #ffffff;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;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%">14,243 </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%">20,858 </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%">35,317 </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%">339,849 </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%">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;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%">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="border-top:1pt solid #ffffff;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="border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #ffffff;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%">25,074 </span></td><td style="border-top:1pt solid #ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #ffffff;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 #ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #ffffff;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 #ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#f4f4f4;border-bottom:1pt solid #ffffff;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 year</span></td><td colspan="3" style="background-color:#f4f4f4;border-bottom:1pt solid #ffffff;border-top:1pt solid #ffffff;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%">364,923 </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;border-bottom:1pt solid #ffffff;border-top:1pt solid #ffffff;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%">$</span></td><td style="background-color:#f4f4f4;border-bottom:3pt double #c7c9c7;border-top:1pt solid #c7c9c7;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">420,955 </span></td><td style="background-color:#f4f4f4;border-bottom:3pt double #c7c9c7;border-top:1pt solid #c7c9c7;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#f4f4f4;border-bottom:1pt solid #ffffff;border-top:1pt solid #ffffff;padding:0 1pt"></td><td style="background-color:#f4f4f4;border-bottom:3pt double #c7c9c7;border-top:1pt solid #c7c9c7;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">$</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%">823,136 </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><span style="color:#64615d;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span>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.
CY2023Q4 rdn Time In Default
TimeInDefault
P2Y
CY2023Q4 rdn Number Of Payments Missed For Insured Loans
NumberOfPaymentsMissedForInsuredLoans
2 payment
CY2023Q4 us-gaap Other Borrowings
OtherBorrowings
119476000 usd
CY2022Q4 us-gaap Other Borrowings
OtherBorrowings
155822000 usd
CY2023 rdn Statutory Accounting Practices Release Of Contingency Reserve
StatutoryAccountingPracticesReleaseOfContingencyReserve
21000000 usd
CY2023Q4 us-gaap Prepaid Taxes
PrepaidTaxes
750000000 usd
CY2023 us-gaap Debt Instrument Term
DebtInstrumentTerm
P10Y
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
7589000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
10633000 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
203000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
220000 usd
CY2023 us-gaap Sublease Income
SubleaseIncome
554000 usd
CY2022 us-gaap Sublease Income
SubleaseIncome
0 usd
CY2023 us-gaap Lease Cost
LeaseCost
7238000 usd
CY2022 us-gaap Lease Cost
LeaseCost
10853000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
12479000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
12520000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
16292000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
21099000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
44693000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
49386000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y6M
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y6M
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.070
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.069
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
11976000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
10100000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
9399000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
8517000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
8218000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
27970000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
76180000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
31487000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
44693000 usd
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
157056000 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
175421000 shares
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
191606000 shares
CY2023 rdn Share Based Payment Arrangement Net Of Shares Withheld For Tax Withholding Obligation
ShareBasedPaymentArrangementNetOfSharesWithheldForTaxWithholdingObligation
1387000 shares
CY2022 rdn Share Based Payment Arrangement Net Of Shares Withheld For Tax Withholding Obligation
ShareBasedPaymentArrangementNetOfSharesWithheldForTaxWithholdingObligation
1141000 shares
CY2021 rdn Share Based Payment Arrangement Net Of Shares Withheld For Tax Withholding Obligation
ShareBasedPaymentArrangementNetOfSharesWithheldForTaxWithholdingObligation
1567000 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
153179000 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
157056000 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
175421000 shares
CY2023Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
300000000 usd
CY2023 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
5300000 shares
CY2023 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
25.32
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.225
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.200
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.125
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.225
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.200
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.140
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.225
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.200
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.140
CY2023Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.225
CY2022Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.200
CY2021Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.140
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.900
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.800
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.545
CY2023Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.225
CY2023Q4 rdn Risk To Capital Ratio Regulatory Maximum
RiskToCapitalRatioRegulatoryMaximum
25
CY2023Q4 rdn Restricted Net Assets Held By Consolidated Subsidiaries
RestrictedNetAssetsHeldByConsolidatedSubsidiaries
4600000000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
41129000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
38061000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
28363000 usd
CY2023 rdn Share Based Payment Arrangement Expense Federal Income Tax Expense Benefit
ShareBasedPaymentArrangementExpenseFederalIncomeTaxExpenseBenefit
-9434000 usd
CY2022 rdn Share Based Payment Arrangement Expense Federal Income Tax Expense Benefit
ShareBasedPaymentArrangementExpenseFederalIncomeTaxExpenseBenefit
-7524000 usd
CY2021 rdn Share Based Payment Arrangement Expense Federal Income Tax Expense Benefit
ShareBasedPaymentArrangementExpenseFederalIncomeTaxExpenseBenefit
-7168000 usd
CY2023 rdn Share Based Payment Arrangement Compensation Cost Excluding Amounts Deferred As Policy Acquisition Costs Net Of Income Taxes
ShareBasedPaymentArrangementCompensationCostExcludingAmountsDeferredAsPolicyAcquisitionCostsNetOfIncomeTaxes
31695000 usd
CY2022 rdn Share Based Payment Arrangement Compensation Cost Excluding Amounts Deferred As Policy Acquisition Costs Net Of Income Taxes
ShareBasedPaymentArrangementCompensationCostExcludingAmountsDeferredAsPolicyAcquisitionCostsNetOfIncomeTaxes
30537000 usd
CY2021 rdn Share Based Payment Arrangement Compensation Cost Excluding Amounts Deferred As Policy Acquisition Costs Net Of Income Taxes
ShareBasedPaymentArrangementCompensationCostExcludingAmountsDeferredAsPolicyAcquisitionCostsNetOfIncomeTaxes
21195000 usd
CY2023 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
1
CY2023 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Amount
DefinedContributionPlanMaximumAnnualContributionsPerEmployeeAmount
22500 usd
CY2023 rdn Defined Contribution Plan Employee Discretionary Contribution Maximum Amount
DefinedContributionPlanEmployeeDiscretionaryContributionMaximumAmount
7500000 usd
CY2023 us-gaap Defined Contribution Plan Employers Matching Contribution Annual Vesting Percentage
DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage
1
CY2023 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.06
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
8000000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
10000000 usd
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
8000000 usd
CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q4 us-gaap Summary Of Investments Other Than Investments In Related Parties Cost
SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
6720912000 usd
CY2023Q4 us-gaap Summary Of Investments Other Than Investments In Related Parties Fair Value
SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
6289347000 usd
CY2023Q4 us-gaap Summary Of Investments Other Than Investments In Related Parties Carrying Amount
SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
6289347000 usd
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
485000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
485000000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
173247000 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
153179000 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
176509000 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
157056000 shares
CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
20068000 shares
CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
19453000 shares
CY2023 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
2122000 usd
CY2022 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
60270000 usd
CY2021 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
1057000 usd
CY2023 rdn Total Operating Expenses Allocated To Subsidiaries From Parent Company
TotalOperatingExpensesAllocatedToSubsidiariesFromParentCompany
163858000 usd
CY2022 rdn Total Operating Expenses Allocated To Subsidiaries From Parent Company
TotalOperatingExpensesAllocatedToSubsidiariesFromParentCompany
163000000 usd
CY2021 rdn Total Operating Expenses Allocated To Subsidiaries From Parent Company
TotalOperatingExpensesAllocatedToSubsidiariesFromParentCompany
147386000 usd
CY2023 rdn Total Interest Expense Allocated To Subsidiaries From Parent Company
TotalInterestExpenseAllocatedToSubsidiariesFromParentCompany
82734000 usd
CY2022 rdn Total Interest Expense Allocated To Subsidiaries From Parent Company
TotalInterestExpenseAllocatedToSubsidiariesFromParentCompany
82568000 usd
CY2021 rdn Total Interest Expense Allocated To Subsidiaries From Parent Company
TotalInterestExpenseAllocatedToSubsidiariesFromParentCompany
82833000 usd
CY2023 us-gaap Direct Premiums Earned
DirectPremiumsEarned
1040406000 usd
CY2023 us-gaap Ceded Premiums Earned
CededPremiumsEarned
120828000 usd
CY2023 us-gaap Assumed Premiums Earned
AssumedPremiumsEarned
0 usd
CY2023 us-gaap Premiums Earned Net
PremiumsEarnedNet
919578000 usd
CY2023 us-gaap Premiums Percentage Assumed To Net
PremiumsPercentageAssumedToNet
0.0000
CY2022 us-gaap Direct Premiums Earned
DirectPremiumsEarned
1050029000 usd
CY2022 us-gaap Ceded Premiums Earned
CededPremiumsEarned
72923000 usd
CY2022 us-gaap Assumed Premiums Earned
AssumedPremiumsEarned
4025000 usd
CY2022 us-gaap Premiums Earned Net
PremiumsEarnedNet
981131000 usd
CY2022 us-gaap Premiums Percentage Assumed To Net
PremiumsPercentageAssumedToNet
0.0041
CY2021 us-gaap Direct Premiums Earned
DirectPremiumsEarned
1144361000 usd
CY2021 us-gaap Ceded Premiums Earned
CededPremiumsEarned
114244000 usd
CY2021 us-gaap Assumed Premiums Earned
AssumedPremiumsEarned
7066000 usd
CY2021 us-gaap Premiums Earned Net
PremiumsEarnedNet
1037183000 usd
CY2021 us-gaap Premiums Percentage Assumed To Net
PremiumsPercentageAssumedToNet
0.0068

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