0000876437-19-000047.txt : 20191106 0000876437-19-000047.hdr.sgml : 20191106 20191106170722 ACCESSION NUMBER: 0000876437-19-000047 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 76 CONFORMED PERIOD OF REPORT: 20190930 FILED AS OF DATE: 20191106 DATE AS OF CHANGE: 20191106 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MGIC INVESTMENT CORP CENTRAL INDEX KEY: 0000876437 STANDARD INDUSTRIAL CLASSIFICATION: SURETY INSURANCE [6351] IRS NUMBER: 391486475 STATE OF INCORPORATION: WI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-10816 FILM NUMBER: 191197165 BUSINESS ADDRESS: STREET 1: 250 EAST KILBOURN AVENUE CITY: MILWAUKEE STATE: WI ZIP: 53202 BUSINESS PHONE: 4143476480 MAIL ADDRESS: STREET 1: 250 EAST KILBOURN AVENUE CITY: MILWAUKEE STATE: WI ZIP: 53202 10-Q 1 mtg-093019x10q.htm 10-Q Document
false--12-31Q320190000876437P10Y25P3YP2Y9.99.85196784000700000007000000011100000000010000000003713530003713530003553710003487090000.07407414250000000.01910.210.2100500000P1Y1598200022644000 0000876437 2019-01-01 2019-09-30 0000876437 2019-11-01 0000876437 2019-09-30 0000876437 2018-12-31 0000876437 2018-01-01 2018-09-30 0000876437 2018-07-01 2018-09-30 0000876437 2019-07-01 2019-09-30 0000876437 us-gaap:CommonStockMember 2019-07-01 2019-09-30 0000876437 us-gaap:CommonStockMember 2019-09-30 0000876437 us-gaap:AdditionalPaidInCapitalMember 2019-07-01 2019-09-30 0000876437 us-gaap:RetainedEarningsMember 2018-09-30 0000876437 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-06-30 0000876437 us-gaap:CommonStockMember 2017-12-31 0000876437 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-12-31 0000876437 us-gaap:TreasuryStockMember 2019-09-30 0000876437 us-gaap:AdditionalPaidInCapitalMember 2018-12-31 0000876437 us-gaap:RetainedEarningsMember 2017-12-31 0000876437 us-gaap:CommonStockMember 2018-09-30 0000876437 us-gaap:TreasuryStockMember 2018-01-01 2018-09-30 0000876437 us-gaap:RetainedEarningsMember 2018-07-01 2018-09-30 0000876437 us-gaap:AdditionalPaidInCapitalMember 2018-07-01 2018-09-30 0000876437 us-gaap:RetainedEarningsMember 2018-01-01 2018-09-30 0000876437 us-gaap:CommonStockMember 2018-07-01 2018-09-30 0000876437 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-09-30 0000876437 us-gaap:TreasuryStockMember 2017-12-31 0000876437 us-gaap:CommonStockMember 2019-06-30 0000876437 us-gaap:AdditionalPaidInCapitalMember 2017-12-31 0000876437 us-gaap:TreasuryStockMember 2018-06-30 0000876437 us-gaap:RetainedEarningsMember 2019-01-01 2019-09-30 0000876437 us-gaap:AdditionalPaidInCapitalMember 2018-06-30 0000876437 us-gaap:RetainedEarningsMember 2019-06-30 0000876437 us-gaap:TreasuryStockMember 2018-09-30 0000876437 us-gaap:AdditionalPaidInCapitalMember 2019-01-01 2019-09-30 0000876437 us-gaap:TreasuryStockMember 2019-01-01 2019-09-30 0000876437 us-gaap:TreasuryStockMember 2018-12-31 0000876437 us-gaap:RetainedEarningsMember 2019-07-01 2019-09-30 0000876437 us-gaap:RetainedEarningsMember 2019-09-30 0000876437 2018-09-30 0000876437 us-gaap:AdditionalPaidInCapitalMember 2018-01-01 2018-09-30 0000876437 us-gaap:CommonStockMember 2018-06-30 0000876437 us-gaap:AdditionalPaidInCapitalMember 2018-09-30 0000876437 us-gaap:AdditionalPaidInCapitalMember 2019-09-30 0000876437 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-01-01 2018-09-30 0000876437 us-gaap:RetainedEarningsMember 2018-12-31 0000876437 us-gaap:AdditionalPaidInCapitalMember 2019-06-30 0000876437 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-06-30 0000876437 us-gaap:RetainedEarningsMember 2018-06-30 0000876437 us-gaap:TreasuryStockMember 2019-07-01 2019-09-30 0000876437 us-gaap:CommonStockMember 2019-01-01 2019-09-30 0000876437 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-01-01 2019-09-30 0000876437 us-gaap:TreasuryStockMember 2018-07-01 2018-09-30 0000876437 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-07-01 2019-09-30 0000876437 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-07-01 2018-09-30 0000876437 us-gaap:TreasuryStockMember 2019-06-30 0000876437 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-09-30 0000876437 us-gaap:CommonStockMember 2018-12-31 0000876437 us-gaap:CommonStockMember 2018-01-01 2018-09-30 0000876437 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-12-31 0000876437 2017-12-31 0000876437 us-gaap:ConvertibleSubordinatedDebtMember 2019-09-30 0000876437 us-gaap:ConvertibleSubordinatedDebtMember 2019-01-01 2019-09-30 0000876437 2019-05-31 0000876437 mtg:FivePointSevenFivePercentSeniorNotesMember us-gaap:SeniorNotesMember 2019-09-30 0000876437 us-gaap:FederalHomeLoanBankAdvancesMember 2018-12-31 0000876437 us-gaap:ConvertibleSubordinatedDebtMember 2018-12-31 0000876437 mtg:FivePointSevenFivePercentSeniorNotesMember us-gaap:SeniorNotesMember 2018-12-31 0000876437 us-gaap:FederalHomeLoanBankAdvancesMember 2019-09-30 0000876437 mtg:HomeRe20181Member 2018-12-31 0000876437 mtg:HomeRe20191Member 2019-09-30 0000876437 mtg:HomeRe20181Member 2019-09-30 0000876437 mtg:QuotaShareReinsuranceAgreementsExcludingCaptivesMember 2018-07-01 2018-09-30 0000876437 mtg:QuotaShareReinsuranceAgreementsExcludingCaptivesMember 2019-07-01 2019-09-30 0000876437 mtg:QuotaShareReinsuranceAgreementsExcludingCaptivesMember 2018-01-01 2018-09-30 0000876437 mtg:QuotaShareReinsuranceAgreementsExcludingCaptivesMember 2019-01-01 2019-09-30 0000876437 mtg:HomeRespecialpurposeinsurersMember 2019-09-30 0000876437 mtg:HomeRe20191Member 2019-01-01 2019-09-30 0000876437 mtg:HomeRe20181Member 2019-01-01 2019-09-30 0000876437 mtg:HomeRespecialpurposeinsurersMember 2019-01-01 2019-09-30 0000876437 mtg:QuotaShareReinsuranceAgreement2015Member 2019-07-01 2019-09-30 0000876437 mtg:QuotaShareReinsuranceAgreement2019Member 2019-01-01 2019-09-30 0000876437 mtg:QuotaShareReinsuranceAgreementsExcludingCaptivesMember 2019-09-30 0000876437 mtg:QuotaShareReinsuranceAgreementsExcludingCaptivesMember 2018-12-31 0000876437 mtg:QuotaShareReinsuranceAgreement2015Member 2019-04-01 2019-06-30 0000876437 mtg:ExcessofLossReinsuranceAgreementHomeReMember 2019-01-01 2019-09-30 0000876437 mtg:QuotaShareReinsuranceAgreement2015Member 2019-06-30 2019-06-30 0000876437 mtg:ExcessofLossReinsuranceAgreementHomeReMember 2019-07-01 2019-09-30 0000876437 2019-01-01 2019-03-31 0000876437 2018-01-01 2018-12-31 0000876437 us-gaap:ConvertibleSubordinatedDebtMember 2019-07-01 2019-09-30 0000876437 us-gaap:ConvertibleSubordinatedDebtMember 2018-01-01 2018-09-30 0000876437 mtg:UnvestedRestrictedStockUnitsMember 2019-07-01 2019-09-30 0000876437 mtg:UnvestedRestrictedStockUnitsMember 2018-07-01 2018-09-30 0000876437 us-gaap:ConvertibleSubordinatedDebtMember 2018-07-01 2018-09-30 0000876437 mtg:UnvestedRestrictedStockUnitsMember 2018-01-01 2018-09-30 0000876437 mtg:UnvestedRestrictedStockUnitsMember 2019-01-01 2019-09-30 0000876437 us-gaap:CorporateDebtSecuritiesMember 2019-09-30 0000876437 us-gaap:ResidentialMortgageBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:CommercialMortgageBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:USStatesAndPoliticalSubdivisionsMember 2019-09-30 0000876437 us-gaap:CollateralizedLoanObligationsMember 2019-09-30 0000876437 us-gaap:USTreasuryAndGovernmentMember 2019-09-30 0000876437 us-gaap:AssetBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:DebtSecuritiesMember 2019-09-30 0000876437 us-gaap:DebtSecuritiesMember 2018-01-01 2018-09-30 0000876437 us-gaap:DebtSecuritiesMember 2019-07-01 2019-09-30 0000876437 us-gaap:DebtSecuritiesMember 2019-01-01 2019-09-30 0000876437 us-gaap:DebtSecuritiesMember 2018-07-01 2018-09-30 0000876437 us-gaap:CollateralizedLoanObligationsMember 2018-12-31 0000876437 us-gaap:ResidentialMortgageBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:AssetBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:CorporateDebtSecuritiesMember 2018-12-31 0000876437 us-gaap:CommercialMortgageBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:USTreasuryAndGovernmentMember 2018-12-31 0000876437 us-gaap:USStatesAndPoliticalSubdivisionsMember 2018-12-31 0000876437 us-gaap:DebtSecuritiesMember 2018-12-31 0000876437 us-gaap:InvestmentsMember 2018-12-31 0000876437 mtg:RealEstateAcquiredMember 2019-01-01 2019-09-30 0000876437 us-gaap:DebtSecuritiesMember 2019-01-01 2019-09-30 0000876437 us-gaap:EquitySecuritiesMember 2019-01-01 2019-09-30 0000876437 us-gaap:EquitySecuritiesMember 2018-12-31 0000876437 us-gaap:DebtSecuritiesMember 2018-12-31 0000876437 us-gaap:InvestmentsMember 2019-01-01 2019-09-30 0000876437 mtg:RealEstateAcquiredMember 2018-12-31 0000876437 us-gaap:DebtSecuritiesMember 2019-09-30 0000876437 us-gaap:EquitySecuritiesMember 2019-09-30 0000876437 us-gaap:InvestmentsMember 2019-09-30 0000876437 mtg:RealEstateAcquiredMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:USStatesAndPoliticalSubdivisionsMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:USTreasuryAndGovernmentMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:ResidentialMortgageBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:ResidentialMortgageBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:CorporateDebtSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:AssetBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:CommercialMortgageBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:USStatesAndPoliticalSubdivisionsMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel1Member 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member 2018-12-31 0000876437 us-gaap:FairValueInputsLevel3Member 2018-12-31 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:CollateralizedLoanObligationsMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:AssetBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:DebtSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:EquitySecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:DebtSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:EquitySecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:EquitySecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:AssetBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:CorporateDebtSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:CommercialMortgageBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:DebtSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:CommercialMortgageBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:CollateralizedLoanObligationsMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:CorporateDebtSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:CollateralizedLoanObligationsMember 2018-12-31 0000876437 us-gaap:EquitySecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:USTreasuryAndGovernmentMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:USStatesAndPoliticalSubdivisionsMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:ResidentialMortgageBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:USTreasuryAndGovernmentMember 2018-12-31 0000876437 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2019-09-30 0000876437 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2018-12-31 0000876437 us-gaap:EquitySecuritiesMember 2019-07-01 2019-09-30 0000876437 us-gaap:InvestmentsMember 2019-07-01 2019-09-30 0000876437 mtg:RealEstateAcquiredMember 2019-07-01 2019-09-30 0000876437 us-gaap:DebtSecuritiesMember 2019-07-01 2019-09-30 0000876437 mtg:RealEstateAcquiredMember 2019-06-30 0000876437 us-gaap:InvestmentsMember 2019-06-30 0000876437 us-gaap:EquitySecuritiesMember 2019-06-30 0000876437 us-gaap:DebtSecuritiesMember 2019-06-30 0000876437 mtg:RealEstateAcquiredMember 2018-01-01 2018-09-30 0000876437 us-gaap:EquitySecuritiesMember 2018-01-01 2018-09-30 0000876437 us-gaap:EquitySecuritiesMember 2018-09-30 0000876437 us-gaap:DebtSecuritiesMember 2018-09-30 0000876437 us-gaap:DebtSecuritiesMember 2018-01-01 2018-09-30 0000876437 us-gaap:InvestmentsMember 2018-01-01 2018-09-30 0000876437 mtg:RealEstateAcquiredMember 2017-12-31 0000876437 us-gaap:EquitySecuritiesMember 2017-12-31 0000876437 us-gaap:DebtSecuritiesMember 2017-12-31 0000876437 us-gaap:InvestmentsMember 2018-09-30 0000876437 mtg:RealEstateAcquiredMember 2018-09-30 0000876437 us-gaap:InvestmentsMember 2017-12-31 0000876437 us-gaap:FairValueInputsLevel2Member 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member 2019-09-30 0000876437 us-gaap:FairValueInputsLevel1Member 2019-09-30 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:DebtSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:CommercialMortgageBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:AssetBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:USStatesAndPoliticalSubdivisionsMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:DebtSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:CollateralizedLoanObligationsMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:CollateralizedLoanObligationsMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:EquitySecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:ResidentialMortgageBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:EquitySecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:USTreasuryAndGovernmentMember 2019-09-30 0000876437 us-gaap:EquitySecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:AssetBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:CommercialMortgageBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:USStatesAndPoliticalSubdivisionsMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:USTreasuryAndGovernmentMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:ResidentialMortgageBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:USStatesAndPoliticalSubdivisionsMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:USTreasuryAndGovernmentMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:ResidentialMortgageBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:CollateralizedLoanObligationsMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:EquitySecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:CommercialMortgageBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:CorporateDebtSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:CorporateDebtSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:CorporateDebtSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:DebtSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:AssetBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:InvestmentsMember 2018-07-01 2018-09-30 0000876437 mtg:RealEstateAcquiredMember 2018-07-01 2018-09-30 0000876437 us-gaap:InvestmentsMember 2018-06-30 0000876437 us-gaap:EquitySecuritiesMember 2018-07-01 2018-09-30 0000876437 us-gaap:EquitySecuritiesMember 2018-06-30 0000876437 us-gaap:DebtSecuritiesMember 2018-07-01 2018-09-30 0000876437 us-gaap:DebtSecuritiesMember 2018-06-30 0000876437 mtg:RealEstateAcquiredMember 2018-06-30 0000876437 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2019-07-01 2019-09-30 0000876437 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2019-01-01 2019-09-30 0000876437 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2018-01-01 2018-09-30 0000876437 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2018-07-01 2018-09-30 0000876437 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2019-01-01 2019-09-30 0000876437 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2018-07-01 2018-09-30 0000876437 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2019-07-01 2019-09-30 0000876437 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2018-01-01 2018-09-30 0000876437 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2018-12-31 0000876437 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2019-09-30 0000876437 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2019-09-30 0000876437 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2018-12-31 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2018-01-01 2018-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2019-01-01 2019-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2019-07-01 2019-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2019-01-01 2019-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2018-07-01 2018-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2018-01-01 2018-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2019-07-01 2019-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2019-07-01 2019-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2019-01-01 2019-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2018-01-01 2018-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2018-07-01 2018-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2018-07-01 2018-09-30 0000876437 mtg:PensionAndSupplementalPlansMember 2018-01-01 2018-09-30 0000876437 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2018-01-01 2018-09-30 0000876437 mtg:PensionAndSupplementalPlansMember 2019-01-01 2019-09-30 0000876437 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2019-01-01 2019-09-30 0000876437 mtg:PensionAndSupplementalPlansMember 2018-07-01 2018-09-30 0000876437 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2019-07-01 2019-09-30 0000876437 mtg:PensionAndSupplementalPlansMember 2019-07-01 2019-09-30 0000876437 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2018-07-01 2018-09-30 0000876437 mtg:PensionAndSupplementalPlansMember 2019-09-30 0000876437 mtg:SettlementsForCommutationsOfCoveragePoolsOfNonperformingLoansMember 2019-01-01 2019-09-30 0000876437 mtg:SettlementsForCommutationsOfCoveragePoolsOfNonperformingLoansMember 2018-01-01 2018-09-30 0000876437 mtg:ProbableLossOnLitigationClaimsPayingPracticesMember 2019-01-01 2019-09-30 0000876437 2019-06-30 0000876437 2018-06-30 0000876437 mtg:IncreaseDecreaseInExpectedClaimRateMember 2018-01-01 2018-09-30 0000876437 mtg:IncreaseDecreaseRelatedToPoolReservesLaeReservesAndReinsuranceMember 2018-01-01 2018-09-30 0000876437 mtg:IncreaseDecreaseInEstimatedSeverityPrimaryDefaultsMember 2019-01-01 2019-09-30 0000876437 mtg:IncreaseDecreaseRelatedToPoolReservesLaeReservesAndReinsuranceMember 2019-01-01 2019-09-30 0000876437 mtg:IncreaseDecreaseInEstimatedSeverityPrimaryDefaultsMember 2018-01-01 2018-09-30 0000876437 mtg:IncreaseDecreaseInExpectedClaimRateMember 2019-01-01 2019-09-30 0000876437 us-gaap:SubsequentEventMember 2019-10-24 2019-10-24 0000876437 2019-09-01 2019-09-30 0000876437 mtg:FirstQuarter2019RepurchaseProgramMember 2019-09-30 0000876437 srt:MaximumMember 2019-01-01 2019-09-30 0000876437 us-gaap:PerformanceSharesMember 2018-01-01 2018-09-30 0000876437 us-gaap:RestrictedStockUnitsRSUMember 2019-01-01 2019-09-30 0000876437 us-gaap:RestrictedStockUnitsRSUMember 2018-01-01 2018-09-30 0000876437 us-gaap:PerformanceSharesMember 2019-01-01 2019-09-30 0000876437 srt:MinimumMember 2019-01-01 2019-09-30 0000876437 mtg:MortgageGuarantyInsuranceCorporationMember 2019-01-01 2019-09-30 0000876437 mtg:MortgageGuarantyInsuranceCorporationMember 2019-09-30 0000876437 mtg:MortgageGuarantyInsuranceCorporationMember 2019-07-01 2019-09-30 0000876437 mtg:MortgageGuarantyInsuranceCorporationMember 2019-04-01 2019-06-30 0000876437 mtg:MortgageGuarantyInsuranceCorporationMember 2019-01-01 2019-03-31 xbrli:shares iso4217:USD xbrli:shares mtg:security iso4217:USD xbrli:pure mtg:jurisdiction mtg:loan
 
FORM 10-Q
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
For the quarterly period ended
September 30, 2019
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
For the transition period from ______ to ______
 
Commission file number
1-10816
mgiclogoa05.jpg
MGIC Investment Corporation
(Exact name of registrant as specified in its charter)
Wisconsin
 
39-1486475
(State or other jurisdiction of incorporation or organization)
 
(I.R.S. Employer Identification No.)
 
 
 
250 E. Kilbourn Avenue
 
53202
Milwaukee,
Wisconsin
 
(Zip Code)
(Address of principal executive offices)
 
 
 
 
 
(414)
 
347-6480
(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:
Title of each class
 
Trading Symbol
 
Name of each exchange on which registered
Common stock
 
MTG
 
New York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):
Large accelerated filer

Accelerated filer
Non-accelerated filer
Smaller reporting company
(Do not check if a smaller reporting company)
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). YES NO x

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: As of November 1, 2019, there were 348,709,277 shares of common stock of the registrant, par value $1.00 per share, outstanding.



 



Forward Looking and Other Statements

All statements in this report that address events, developments or results that we expect or anticipate may occur in the future are “forward looking statements.” Forward looking statements consist of statements that relate to matters other than historical fact. In most cases, forward looking statements may be identified by words such as “believe,” “anticipate” or “expect,” or words of similar import. The risk factors referred to in “Forward Looking Statements and Risk Factors – Location of Risk Factors” in Management’s Discussion and Analysis of Financial Condition and Results of Operations below, may cause our actual results to differ materially from the results contemplated by forward looking statements that we may make. We are not undertaking any obligation to update any forward looking statements or other statements we may make in this document even though these statements may be affected by events or circumstances occurring after the forward looking statements or other statements were made. Therefore no reader of this document should rely on these statements being current as of any time other than the time at which this document was filed with the Securities and Exchange Commission.


MGIC Investment Corporation - Q3 2019 | 2


MGIC INVESTMENT CORPORATION AND SUBSIDIARIES

FORM 10-Q

FOR THE QUARTER ENDED SEPTEMBER 30, 2019
 
Table of contents
 
 
Page
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Item 2
Unregistered Sales of Equity Securities and Use of Proceeds


MGIC Investment Corporation - Q3 2019 | 3


Glossary of terms and acronyms
/ A
ARMs
Adjustable rate mortgages

ABS
Asset-backed securities

ASC
Accounting Standards Codification

Available Assets
Assets, as designated under the PMIERs, that are readily available to pay claims, and include the most liquid investments

/ B
Book or book year
A group of loans insured in a particular calendar year

BPMI
Borrower-paid mortgage insurance

/ C
CECL
Current expected credit losses

CFPB
Consumer Financial Protection Bureau

CLO
Collateralized loan obligations

CMBS
Commercial mortgage-backed securities

CRT
Credit risk transfer

/ D
DAC
Deferred insurance policy acquisition costs

Debt-to-income (“DTI”) ratio
The ratio, expressed as a percentage, of a borrower’s total debt payments to gross income

Direct
When referring to insurance or risk written or in force, “direct” means before giving effect to reinsurance

/ F
Fannie Mae
Federal National Mortgage Association

 
FCRA
Fair Credit Reporting Act


FHA
Federal Housing Administration

FHFA
Federal Housing Finance Agency

FHLB
Federal Home Loan Bank of Chicago, of which MGIC is a member

FICO score
A measure of consumer credit risk provided by credit bureaus, typically produced from statistical models by Fair Isaac Corporation utilizing data collected by the credit bureaus

Freddie Mac
Federal Home Loan Mortgage Corporation

/ G
GAAP
Generally Accepted Accounting Principles in the United States

GSEs
Collectively, Fannie Mae and Freddie Mac

/ H
HAMP
Home Affordable Modification Program

HARP
Home Affordable Refinance Program

Home Re Transactions
Excess-of-loss reinsurance transactions with unaffiliated special purpose insurers domiciled in Bermuda

HOPA
Homeowners Protection Act

HUD
Housing and Urban Development

IBNR
Losses incurred but not reported

IIF
Insurance in force, which for loans insured by us, is equal to the unpaid principal balance, as reported to us

ILN
Insurance-linked notes



MGIC Investment Corporation - Q3 2019 | 4


/ L
LAE
Loss adjustment expenses

Legacy book
Mortgage insurance policies written prior to 2009

Loan-to-value ("LTV") ratio
The ratio, expressed as a percentage, of the dollar amount of the first mortgage loan to the value of the property at the time the loan became insured and does not reflect subsequent housing price appreciation or depreciation. Subordinate mortgages may also be present.

Long-term debt:
5.75% Notes
5.75% Senior Notes due on August 15, 2023, with interest payable semi-annually on February 15 and August 15 of each year

9% Debentures
9% Convertible Junior Subordinated Debentures due on April 1, 2063, with interest payable semi-annually on April 1 and October 1 of each year

FHLB Advance or the Advance
1.91% Fixed rate advance from the FHLB due on February 10, 2023, with interest payable monthly

Loss ratio
The ratio, expressed as a percentage, of the sum of incurred losses and loss adjustment expenses to NPE

Low down payment loans or mortgages
Loans with less than 20% down payments

LPMI
Lender-paid mortgage insurance

/ M
MBS
Mortgage-backed securities

MD&A
Management's discussion and analysis of financial condition and results of operations

MGIC
Mortgage Guaranty Insurance Corporation, a subsidiary of MGIC Investment Corporation

MAC
MGIC Assurance Corporation, a subsidiary of MGIC

MIC
MGIC Indemnity Corporation, a subsidiary of MGIC

 
Minimum Required Assets
The greater of $400 million or the total of the minimum amount of Available Assets that must be held under the PMIERs based upon a percentage of RIF weighted by certain risk attributes

MPP
Minimum Policyholder Position, as required under certain state requirements. The “policyholder position” of a mortgage insurer is its net worth or surplus, contingency reserve and a portion of the reserves for unearned premiums

/ N
N/A
Not applicable for the period presented

NAIC
The National Association of Insurance Commissioners

NIW
New Insurance Written, is the aggregate original principal amount of the mortgages that are insured during a period

N/M
Data, or calculation, deemed not meaningful for the period presented

NPE
The amount of premiums earned, net of premiums assumed and ceded under reinsurance agreements

NPL
Non-performing loan, which is a delinquent loan, at any stage in its delinquency

NPW
The amount of premiums written, net of premiums assumed and ceded under reinsurance agreements

/ O
OCI
Office of the Commissioner of Insurance of the State of Wisconsin

/ P
Persistency
The percentage of our insurance remaining in force from one year prior

PMI
Private Mortgage Insurance (as an industry or product type)



MGIC Investment Corporation - Q3 2019 | 5


PMIERs
Private Mortgage Insurer Eligibility Requirements issued by each of Fannie Mae and Freddie Mac to set forth requirements that an approved insurer must meet and maintain to provide mortgage guaranty insurance on loans delivered to or acquired by Fannie Mae or Freddie Mac, as applicable.

Premium Yield
The ratio of NPE divided by the average IIF outstanding for the period measured

/ Q
QSR Transaction
Quota share reinsurance transaction with a group of unaffiliated reinsurers

QM
A mortgage loan that satisfies the “qualified mortgage” loan characteristics pursuant to the CFPB’s ability-to-repay rule under TILA. Originating a QM loan may provide a lender with legal protection from lawsuits that claim the lender failed to verify a borrower’s ability to repay.

/ R
RESPA
Real Estate Settlement Procedures Act

RIF
Risk in force, which for an individual loan insured by us, is equal to the unpaid loan principal balance, as reported to us, multiplied by the insurance coverage percentage. RIF is sometimes referred to as exposure.

Risk-to-capital
Under certain state regulations, the ratio of RIF, net of reinsurance and exposure on policies currently in default and for which loss reserves have been established, to the level of statutory capital

RMBS
Residential mortgage-backed securities

 
/ S
State Capital Requirements
Under certain state regulations, the minimum amount of statutory capital relative to risk in force (or similar measure)

/ T
TILA
Truth in Lending Act

/ U
Underwriting expense ratio
The ratio, expressed as a percentage, of the underwriting and operating expenses, net and amortization of DAC of our combined insurance operations (which excludes underwriting and operating expenses of our non-insurance subsidiaries) to NPW

Underwriting profit
NPE minus incurred losses and underwriting and operating expenses

USDA
U.S. Department of Agriculture

/ V
VA
U.S. Department of Veterans Affairs

VIE
Variable interest entity


MGIC Investment Corporation - Q3 2019 | 6


PART I. FINANCIAL INFORMATION
Item 1. Financial Statements
MGIC INVESTMENT CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
 
(In thousands)
 
Note
 
September 30,
2019
 
December 31,
2018
ASSETS
 
 
 
(Unaudited)
 
 
Investment portfolio:
 
7 / 8
 
 
 
 
Fixed income, available-for-sale, at fair value (amortized cost 2019 - $5,473,893; 2018 - $5,196,784)
 
 
 
$
5,660,992

 
$
5,151,987

Equity securities, at fair value (cost 2019 - $17,205; 2018 - $3,993)
 
2 / 7 / 8
 
17,360

 
3,932

Other invested assets, at cost
 
2 / 7 / 8
 
3,100

 
3,100

Total investment portfolio
 
 
 
5,681,452

 
5,159,019

Cash and cash equivalents
 
 
 
165,425

 
151,892

Restricted cash and cash equivalents
 
 
 
6,329

 
3,146

Accrued investment income
 
 
 
48,320

 
48,001

Reinsurance recoverable on loss reserves
 
 
19,566

 
33,328

Reinsurance recoverable on paid losses
 
 
 
1,573

 
2,948

Premiums receivable
 
 
 
51,804

 
55,090

Home office and equipment, net
 
 
 
50,540

 
51,734

Deferred insurance policy acquisition costs
 
 
 
18,010

 
17,888

Deferred income taxes, net
 
 
 
11,583

 
69,184

Other assets
 
 
 
92,149

 
85,572

Total assets
 
 
 
$
6,146,751

 
$
5,677,802

 
 
 
 
 
 
 
LIABILITIES AND SHAREHOLDERS’ EQUITY
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
Loss reserves
 
 
$
602,297

 
$
674,019

Unearned premiums
 
 
 
392,556

 
409,985

Federal Home Loan Bank advance
 
 
155,000

 
155,000

Senior notes
 
 
420,578

 
419,713

Convertible junior subordinated debentures
 
 
256,872

 
256,872

Other liabilities
 
 
 
159,831

 
180,322

Total liabilities
 
 
 
1,987,134

 
2,095,911

Contingencies
 
 


 


Shareholders’ equity:
 
 
 
 
 
Common stock (one dollar par value, shares authorized 1,000,000; shares issued 2019 - 371,353; 2018 - 371,353; shares outstanding 2019 - 348,709; 2018 - 355,371)
 
 
 
371,353

 
371,353

Paid-in capital
 
 
 
1,864,973

 
1,862,536

Treasury stock at cost (shares 2019 - 22,644; 2018 - 15,982)
 
 
 
(263,196
)
 
(175,059
)
Accumulated other comprehensive income (loss), net of tax
 
 
 
63,782

 
(124,214
)
Retained earnings
 
 
 
2,122,705

 
1,647,275

Total shareholders’ equity
 
 
 
4,159,617

 
3,581,891

Total liabilities and shareholders’ equity
 
 
 
$
6,146,751

 
$
5,677,802

See accompanying notes to consolidated financial statements.


MGIC Investment Corporation - Q3 2019 | 7





MGIC INVESTMENT CORPORATION AND SUBSIDIARIES
 
 
 
 
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In thousands, except per share data)
 
Note
 
2019
 
2018
 
2019
 
2018
Revenues:
 
 
 
 
 
 
 
 
 
 
Premiums written:
 
 
 
 
 
 
 
 
 
 
Direct
 
 
 
$
286,059

 
$
280,229

 
$
843,145

 
$
824,989

Assumed
 
 
 
1,793

 
(3,020
)
 
4,405

 
(843
)
Ceded
 
 
(28,438
)
 
(25,326
)
 
(100,257
)
 
(79,921
)
Net premiums written
 
 
 
259,414

 
251,883

 
747,293

 
744,225

Decrease (increase) in unearned premiums, net
 
 
 
8,443

 
(1,457
)
 
17,427

 
(14,728
)
Net premiums earned
 
 
 
267,857

 
250,426

 
764,720

 
729,497

Investment income, net of expenses
 
 
 
42,715

 
36,380

 
125,723

 
103,003

Net realized investment gains (losses)
 
 
4,205

 
1,114

 
3,986

 
(1,112
)
Other revenue
 
 
 
3,606

 
2,525

 
7,921

 
6,827

Total revenues
 
 
 
318,383

 
290,445

 
902,350

 
838,215

 
 
 
 
 
 
 
 
 
 
 
Losses and expenses:
 
 
 
 
 
 
 
 
 
 
Losses incurred, net
 
 
33,985

 
(1,518
)
 
94,884

 
8,877

Amortization of deferred policy acquisition costs
 
 
 
3,142

 
3,156

 
8,380

 
8,573

Other underwriting and operating expenses, net
 
 
 
45,197

 
43,655

 
134,097

 
131,587

Interest expense
 
 
 
12,939

 
13,258

 
39,722

 
39,737

Total losses and expenses
 
 
 
95,263

 
58,551

 
277,083

 
188,774

Income before tax
 
 
 
223,120

 
231,894

 
625,267

 
649,441

Provision for income taxes
 
 
 
46,186

 
49,994

 
128,614

 
137,090

Net income
 
 
 
$
176,934

 
$
181,900

 
$
496,653

 
$
512,351

 
 
 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
 
 
Basic
 
 
$
0.50

 
$
0.50

 
$
1.40

 
$
1.40

Diluted
 
 
$
0.49

 
$
0.49

 
$
1.36

 
$
1.36

 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding - basic
 
 
351,475

 
362,180

 
354,272

 
367,190

Weighted average common shares outstanding - diluted
 
 
372,575

 
382,905

 
375,266

 
387,765


See accompanying notes to consolidated financial statements.


MGIC Investment Corporation - Q3 2019 | 8





MGIC INVESTMENT CORPORATION AND SUBSIDIARIES
 
 
 
 
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited)
 
 
 
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In thousands)
 
Note
 
2019
 
2018
 
2019
 
2018
Net income
 
 
 
$
176,934

 
$
181,900

 
$
496,653

 
$
512,351

Other comprehensive income (loss), net of tax:
 
 
 
 
 
 
 
 
 
Change in unrealized investment gains and losses
 
 
31,372

 
(12,077
)
 
183,197

 
(86,452
)
Benefit plan adjustments
 
 
 
1,600

 
440

 
4,799

 
1,322

Other comprehensive income (loss), net of tax
 
 
 
32,972

 
(11,637
)
 
187,996

 
(85,130
)
Comprehensive income
 
 
 
$
209,906

 
$
170,263

 
$
684,649

 
$
427,221


See accompanying notes to consolidated financial statements.


MGIC Investment Corporation - Q3 2019 | 9





MGIC INVESTMENT CORPORATION AND SUBSIDIARIES
 
 
 
 
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In thousands)
 
Note
 
2019
 
2018
 
2019
 
2018
Common stock
 
 
 
 
 
 
 
 
 
 
Balance, beginning of period
 
 
 
$
371,353

 
$
371,348

 
$
371,353

 
$
370,567

Net common stock issued under share-based compensation plans
 
 
 

 
5

 

 
786

Balance, end of period
 
 
 
371,353

 
371,353

 
371,353

 
371,353

 
 
 
 
 
 
 
 
 
 
 
Paid-in capital
 
 
 
 
 
 
 
 
 
 
Balance, beginning of period
 
 
 
1,860,578

 
1,852,251

 
1,862,536

 
1,850,582

Net common stock issued under share-based compensation plans
 
 
 

 
(63
)
 

 
(8,917
)
Reissuance of treasury stock, net under share-based compensation plans
 
 
 
(133
)
 

 
(11,715
)
 

Equity compensation
 
 
 
4,528

 
5,451

 
14,152

 
15,974

Balance, end of period
 
 
 
1,864,973

 
1,857,639

 
1,864,973

 
1,857,639

 
 
 
 
 
 
 
 
 
 
 
Treasury stock
 
 
 
 
 
 
 
 
 
 
Balance, beginning of period
 
 
 
(194,070
)
 
(100,059
)
 
(175,059
)
 

Reissuance of treasury stock, net under share-based compensation plans
 
 
 
59

 

 
5,989

 

Repurchase of common stock
 
 
(69,185
)
 

 
(94,126
)
 
(100,059
)
Balance, end of period
 
 
 
(263,196
)
 
(100,059
)
 
(263,196
)
 
(100,059
)
 
 
 
 
 
 
 
 
 
 
 
Accumulated other comprehensive income (loss)
 
 
 
 
 
 
 
 
 
 
Balance, beginning of period
 
 
 
30,810

 
(117,294
)
 
(124,214
)
 
(43,801
)
Other comprehensive income (loss), net of tax
 
 
32,972

 
(11,637
)
 
187,996

 
(85,130
)
Balance, end of period
 
 
 
63,782

 
(128,931
)
 
63,782

 
(128,931
)
 
 
 
 
 
 
 
 
 
 
 
Retained earnings
 
 
 
 
 
 
 
 
 
 
Balance, beginning of period
 
 
 
1,966,994

 
1,307,629

 
1,647,275

 
977,178

Net income
 
 
 
176,934

 
181,900

 
496,653

 
512,351

Cash dividends
 
 
(21,223
)
 

 
(21,223
)
 

Balance, end of period
 
 
 
2,122,705

 
1,489,529

 
2,122,705

 
1,489,529

 
 
 
 
 
 
 
 
 
 
 
Total shareholders’ equity
 
 
 
$
4,159,617

 
$
3,489,531

 
$
4,159,617

 
$
3,489,531


See accompanying notes to consolidated financial statements.


MGIC Investment Corporation - Q3 2019 | 10





MGIC INVESTMENT CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
 
 
 
Nine Months Ended September 30,
(In thousands)
 
2019
 
2018
Cash flows from operating activities:
 
 
 
 
Net income
 
$
496,653

 
$
512,351

Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
 
Depreciation and amortization
 
35,778

 
45,267

Deferred tax expense
 
7,628

 
145,397

Net realized investment (gains) losses
 
(3,986
)
 
1,112

Change in certain assets and liabilities:
 
 
 
 
Accrued investment income
 
(319
)
 
694

Reinsurance recoverable on loss reserves
 
13,762

 
15,193

Reinsurance recoverable on paid losses
 
1,375

 
761

Premium receivable
 
3,286

 
2,405

Deferred insurance policy acquisition costs
 
(122
)
 
176

Profit commission receivable
 
3,868

 
(9,098
)
Loss reserves
 
(71,722
)
 
(264,589
)
Unearned premiums
 
(17,429
)
 
14,680

Return premium accrual
 
(9,600
)
 
(18,600
)
Current income taxes
 
(8,765
)
 
(75,393
)
Other, net
 
7,756

 
13,191

Net cash provided by operating activities
 
458,163

 
383,547

 
 
 
 
 
Cash flows from investing activities:
 
 
 
 
Purchases of investments
 
(1,043,003
)
 
(1,074,849
)
Proceeds from sales of investments
 
201,369

 
338,939

Proceeds from maturity of fixed income securities
 
536,747

 
594,679

Net increase in payable for securities
 

 
43,679

Additions to property and equipment
 
(4,079
)
 
(10,659
)
Net cash used in investing activities
 
(308,966
)
 
(108,211
)
 
 
 
 
 
Cash flows from financing activities:
 
 
 
 
Repurchase of common stock
 
(105,766
)
 
(100,059
)
Dividends paid
 
(20,989
)
 

Payment of withholding taxes related to share-based compensation net share settlement
 
(5,726
)
 
(8,131
)
Net cash used in financing activities
 
(132,481
)
 
(108,190
)
Net increase in cash and cash equivalents and restricted cash and cash equivalents
 
16,716

 
167,146

Cash and cash equivalents and restricted cash and cash equivalents at beginning of period
 
155,038

 
99,851

Cash and cash equivalents and restricted cash and cash equivalents at end of period
 
$
171,754

 
$
266,997

See accompanying notes to consolidated financial statements.


MGIC Investment Corporation - Q3 2019 | 11


MGIC INVESTMENT CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
September 30, 2019
(Unaudited)

Note 1. Nature of Business and Basis of Presentation
MGIC Investment Corporation is a holding company which, through Mortgage Guaranty Insurance Corporation (“MGIC”), is principally engaged in the mortgage insurance business. We provide mortgage insurance to lenders throughout the United States and to government sponsored entities to protect against loss from defaults on low down payment residential mortgage loans. MGIC Assurance Corporation (“MAC”) and MGIC Indemnity Corporation (“MIC”), insurance subsidiaries of MGIC, provide insurance for certain mortgages under Fannie Mae and Freddie Mac (the “GSEs”) credit risk transfer programs.

The accompanying unaudited consolidated financial statements of MGIC Investment Corporation and its wholly-owned subsidiaries have been prepared in accordance with the instructions to Form 10-Q as prescribed by the Securities and Exchange Commission (“SEC”) for interim reporting and do not include all of the other information and disclosures required by accounting principles generally accepted in the United States of America (“GAAP”). These statements should be read in conjunction with the consolidated financial statements and notes thereto for the year ended December 31, 2018 included in our 2018 Annual Report on Form 10-K. As used below, “we,” “our” and “us” refer to MGIC Investment Corporation’s consolidated operations or to MGIC Investment Corporation, as the context requires.

In the opinion of management, the accompanying financial statements include all adjustments, consisting primarily of normal recurring accruals, necessary to fairly state our consolidated financial position and consolidated results of operations for the periods indicated. The consolidated results of operations for the interim period may not be indicative of the results that may be expected for the year ending December 31, 2019.

Substantially all of our insurance written since 2008 has been for loans purchased by the GSEs. The current private mortgage insurer eligibility requirements ("PMIERs") of the GSEs include financial requirements, as well as business, quality control and certain transactional approval requirements. The financial requirements of the PMIERs require a mortgage insurer’s "Available Assets" (generally only the most liquid assets of an insurer) to equal or exceed its "Minimum Required Assets" (which are based on an insurer's book of insurance in force, calculated from tables of factors with several risk dimensions and subject to a floor amount). Based on our application of the more restrictive PMIERs, as of September 30, 2019, MGIC’s Available Assets are in excess of its Minimum Required Assets; and MGIC is in compliance with the financial requirements of the PMIERs and eligible to insure loans purchased by the GSEs.

 
Reclassifications
Certain reclassifications to 2018 amounts have been made in the accompanying financial statements to conform to the 2019 presentation.

Subsequent events
We have considered subsequent events through the date of this filing.

Note 2. Significant Accounting Policies
Income taxes
Deferred income taxes are provided under the liability method, which recognizes the future tax effects of temporary differences between amounts reported in the consolidated financial statements and the tax bases of these items. The estimated tax effects are computed at the enacted federal statutory income tax rate. Changes in tax laws, rates, regulations, and policies or the final determination of tax audits or examinations, could materially affect our estimates and can be significant to our operating results. We evaluate the realizability of the deferred tax assets based on the weight of all available positive and negative evidence. Deferred tax assets are reduced by a valuation allowance if it is more likely than not that all or some portion of the deferred tax assets will not be realized.

The recognition of a tax position is determined using a two-step approach. The first step applies a more-likely-than-not threshold for recognition and derecognition. The second step measures the tax position as the greatest amount of benefit that is cumulatively greater than 50% likely to be realized. When evaluating a tax position for recognition and measurement, we presume that the tax position will be examined by the relevant taxing authority that has full knowledge of all relevant information. We recognize interest accrued and penalties related to unrecognized tax benefits in our provision for income taxes.

Federal tax law permits mortgage guaranty insurance companies to deduct from taxable income, subject to certain limitations, the amounts added to contingency loss reserves that are recorded for regulatory purposes. The amounts we deduct must generally be included in taxable income in the tenth subsequent year. The deduction is allowed only to the extent that we purchase and hold U.S. government non-interest-bearing tax and loss bonds in an amount equal to the tax benefit attributable to the deduction. We account for these purchases as a payment of current federal income tax.



MGIC Investment Corporation - Q3 2019 | 12


Recent accounting and reporting developments
Accounting standards effective in 2019, or early adopted, and relevant to our financial statements
Accounting Standard Update (“ASU”) 2016-02 - Leases
In February 2016, the Financial Accounting Standards Board (“FASB”) amended the previous leasing standard and created ASC 842, Leases. ASC 842 requires a lessee to recognize a right-of-use asset and lease liability for substantially all leases. Effective for the quarter ended March 31, 2019, we adopted the updated guidance for leases and also elected to apply all practical expedients applicable to us in the updated guidance for transition of leases in effect at adoption. The adoption of the updated guidance resulted in the recognition of an immaterial right-of-use asset as part of other assets and a lease liability as part of other liabilities in the consolidated balance sheet. The adoption of the updated guidance did not have a material effect on our consolidated results of operations or liquidity. Our minimum future operating lease payments as of September 30, 2019 totaled $2.0 million.

Prospective Accounting Standards
Table 2.1 shows the relevant new amendments to accounting standards, which are not yet effective or adopted.
Standard / Interpretation
Table
2.1
 
 
 
 
 
 
Amended Standards
Effective date
ASC 326
Financial Instruments - Credit Losses
 
 
ASU 2016-13 - Measurement of Credit Losses on Financial Instruments
January 1, 2020
ASC 820
Fair Value Measurement
 
 
ASU 2018-13 - Changes to the Disclosure Requirements for Fair Value Measurements
January 1, 2020
ASC 715
Compensation - Retirement Benefits
 
 
ASU 2018-14 - Changes to the Disclosure Requirements for Defined Benefit Plans
January 1, 2021


Measurement of Credit Losses on Financial Instruments
In June 2016, the FASB issued updated guidance that requires immediate recognition of estimated credit losses expected to occur over the remaining life of many financial instruments. Entities will be required to incorporate their forecast of future economic conditions into their loss estimate unless such forecast is not reasonable and supportable, in which case the entity will revert to historical loss experience. The allowance for current expected credit losses (“CECL”) generally reduces the amortized cost basis of the financial instrument to the amount an entity expects to collect, however, credit losses relating to available-for-sale fixed maturity securities are to be recorded through an allowance for credit losses, with the amount of the allowance limited to the amount by which fair value is less than amortized cost. In addition, the length of time a security has been in an unrealized loss position will no longer impact the determination of whether a credit loss exists. The updated guidance is not prescriptive about certain aspects of estimating expected credit losses, including the specific methodology to use, and therefore will require significant judgment in application. The updated guidance is effective for annual periods beginning after December 15, 2019, including interim periods
 
within those annual periods. Early adoption is permitted for annual and interim periods in fiscal years beginning after December 15, 2018. In May 2019, the FASB amended this guidance to provide entities with an option to irrevocably elect the fair value option for eligible instruments in order to provide targeted transition relief that is intended to increase comparability of financial statement information for some entities that otherwise would have measured similar financial instruments using different measurement methodologies. The effective dates remain the same. We are currently evaluating the impacts the adoption of this guidance will have on our consolidated financial statements and disclosures, but do not expect it to have a material impact.

Changes to the Disclosure Requirements for Fair Value Measurement
In August 2018, the FASB issued updated guidance that changes the disclosure requirements for fair value measurements. The updated guidance removed the requirement to disclose the amount of and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy; the policy for timing of transfers between levels; and the valuation processes for Level 3 fair value measurements. The updated guidance clarifies that the measurement uncertainty disclosure is to communicate information about the uncertainty in measurements as of the reporting date. Further, the updated guidance will require disclosure of changes in unrealized gains and losses for the period included in other comprehensive income for recurring Level 3 fair value measurements held at the end of the reporting period; and the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements. The updated guidance is effective for annual periods beginning after December 15, 2019, including interim periods within those annual periods. An entity is permitted to early adopt any guidance that removed or modified disclosures upon issuance of this update and to delay adoption of the additional disclosures until its effective date. We are currently evaluating the impacts the adoption of this guidance will have on our consolidated financial statement disclosures, but do not expect it to have a material impact.

Changes to the Disclosure Requirements for Defined Benefit Plans
In August 2018, the FASB issued amendments to modify the disclosure requirements for defined benefit plans. The updated guidance removed the requirements to identify amounts that are expected to be reclassified out of accumulated other comprehensive income and recognized as components of net periodic benefit cost in the coming year and the effects of a one-percentage-point change in assumed health care cost trend rates on service and interest cost and on the postretirement benefit obligation. The updated guidance added disclosures for the weighted-average interest crediting rates for cash balance plans and other plans with interest crediting rates and explanations for significant gains and losses related to changes in the benefit obligation for the period. The updated guidance is effective for annual periods beginning after December 15, 2020. Early adoption is permitted. An entity should apply the amendments on a retrospective basis to all periods presented. We are currently evaluating the impacts the adoption of this guidance will have on our consolidated financial statement disclosures, but do not expect it to have a material impact.


MGIC Investment Corporation - Q3 2019 | 13


Note 3. Debt
Debt obligations
The par value of our long-term debt obligations and their aggregate carrying values as of September 30, 2019 and December 31, 2018 are presented in table 3.1 below.
Long-term debt obligations
Table
3.1
 
 
 
 
(In millions)
 
September 30,
2019
 
December 31,
2018
FHLB Advance - 1.91%, due February 2023
 
$
155.0

 
$
155.0

5.75% Notes, due August 2023 (par value: $425 million)
 
420.6

 
419.7

9% Debentures, due April 2063 (1)
 
256.9

 
256.9

Long-term debt, carrying value
 
$
832.5

 
$
831.6


(1) 
Convertible at any time prior to maturity at the holder’s option, at an initial conversion rate, which is subject to adjustment, of 74.0741 shares per $1,000 principal amount, representing an initial conversion price of approximately $13.50 per share. In the event of a cash dividend to all or substantially all holders of our common stock, the conversion rate shall be increased by multiplying the conversion rate in effect immediately prior to the ex-dividend date for such distribution by a fraction, (a) the numerator shall be the current market price of our common stock on the ex-dividend date; and (b) the denominator shall be the current market price of our common stock on the ex-dividend date less the amount by which the dividend per share exceeds $0.025. No adjustment in the conversion rate shall be required unless such adjustment would require an increase or decrease of at least one percent in such rate; provided that any such adjustments that are not required to be made shall be carried forward and such carry-forward adjustments shall be made, regardless of whether the aggregate adjustment is less than one percent at the end of each fiscal year, or in certain other circumstances. The conversion price per share is $1,000 divided by the conversion rate, and will change upon a change in the conversion rate. If a holder elects to convert its debentures, deferred interest owed on the debentures being converted is also converted into shares of our common stock. The conversion rate for any deferred interest is based on the average price that our shares traded at during a 5-day period immediately prior to the election to convert. In lieu of issuing shares of common stock upon conversion of the debentures, we may, at our option, make a cash payment to converting holders for all or some of the shares of our common stock otherwise issuable upon conversion.

The 5.75% Senior Notes (“5.75% Notes”), 9% Convertible Junior Subordinated Debentures (“9% Debentures”) are obligations of our holding company, MGIC Investment Corporation, and not of its subsidiaries. The Federal Home Loan Bank Advance (the “FHLB Advance”) is an obligation of MGIC.

In May 2019, we terminated our $175 million unsecured revolving credit facility. At the time of termination there were no amounts drawn on the credit facility. The unused portion of our revolving credit facility was subject to recurring commitment fees, which are reflected in interest payments.

Interest payments
Interest payments for the nine months ended September 30, 2019 and 2018 were $38.5 million and $38.8 million, respectively.

 
Note 4. Reinsurance
The reinsurance agreements to which we are a party, excluding captive agreements (which were immaterial), are discussed below. The effect of all of our reinsurance agreements on premiums earned and losses incurred is shown in table 4.1 below.
Reinsurance
Table
4.1
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In thousands)
 
2019
 
2018
 
2019
 
2018
Premiums earned:
 
 
 
 
 
 
 
 
Direct
 
$
294,909

 
$
275,044

 
$
861,705

 
$
808,531

Assumed
 
1,388

 
709

 
3,275

 
936

Ceded
 
(28,440
)
 
(25,327
)
 
(100,260
)
 
(79,970
)
Net premiums earned
 
$
267,857

 
$
250,426

 
$
764,720

 
$
729,497

 
 
 
 
 
 
 
 
 
Losses incurred:
 
 
 
 
 
 
 
 
Direct
 
$
36,755

 
$
(2,081
)
 
$
102,835

 
$
12,642

Assumed
 
(34
)
 
55

 
(110
)
 
45

Ceded
 
(2,736
)
 
508

 
(7,841
)
 
(3,810
)
Losses incurred, net
 
$
33,985

 
$
(1,518
)
 
$
94,884

 
$
8,877



Quota share reinsurance
We utilize quota share reinsurance transactions (“QSR Transactions”) to manage our exposure to losses resulting from our mortgage guaranty insurance policies and to provide reinsurance capital credit under the PMIERs. Each of the reinsurers under our QSR Transactions has an insurer financial strength rating of A- or better by Standard and Poor’s Rating Services, A.M. Best or both.

2019 QSR Transaction. We entered into a QSR transaction with a group of unaffiliated reinsurers with an effective date of January 1, 2019 (“2019 QSR Transaction”), which provides coverage on eligible new insurance written in 2019. Under the 2019 QSR Transaction, we will cede losses and premiums on or after the effective date through December 31, 2030, at which time the agreement expires. Early termination of the agreement can be elected by us effective December 31, 2021 or bi-annually thereafter, for a fee, or under specified scenarios for no fee upon prior written notice, including if we will receive less than 90% of the full credit amount under the PMIERs or full financial statement or full credit under applicable regulatory capital requirements for the risk ceded in any required calculation period.

The structure of the 2019 QSR Transaction is a 30% quota share, with a one-time option, elected by us, to reduce the cede rate to either 25% or 20% effective July 1, 2020, or bi-annually thereafter, for a fee, for all policies covered, with a 20% ceding commission as well as a profit commission. Generally, under the 2019 QSR Transaction, we will receive a profit commission provided that the loss ratio on the loans covered under the agreement remains below 62%.



MGIC Investment Corporation - Q3 2019 | 14


2018 and prior QSR Transactions. See Note 9 of Notes to Consolidated Financial Statements in our 2018 Form 10-K for more information about our QSR Transactions entered into prior to 2019.

2015 QSR Transaction. We terminated a portion of our 2015 QSR Transaction effective June 30, 2019 and entered into an amended quota share reinsurance agreement with certain participants from the existing reinsurance panel that effectively reduces the quota share cede rate from 30% to 15% on the remaining eligible insurance. During the second quarter of 2019, we incurred a termination fee of $6.8 million, which was paid in July to participants of the reinsurance panel that are not participating in the amended 2015 QSR Transaction. Under the amended 2015 QSR Transaction we cede losses and premiums through December 31, 2031, at which time the agreement expires. Early termination of the amended agreement can be elected by us effective June 30, 2021 for no fee, or under specified scenarios, including if we will receive less than 90% of the full credit amount under the PMIERs or full financial statement or full credit under applicable regulatory capital requirements for the risk ceded in any required calculation period. Generally, under our amended 2015 QSR Transaction, we will receive a profit commission provided that the loss ratio on the covered loans remains below 68%.

Table 4.2 below presents a summary of our quota share reinsurance agreements for the three and nine months ended September 30, 2019 and 2018.
Quota Share Reinsurance
Table
4.2
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In thousands)
 
2019
 
2018
 
2019
 
2018
Ceded premiums written and earned, net of profit commission (1)
 
$
23,032

 
$
25,248

 
$
87,721

 
$
79,716

Ceded losses incurred
 
2,729

 
(522
)
 
7,845

 
3,531

Ceding commissions (2)
 
11,042

 
12,983

 
37,807

 
38,268

Profit commission
 
32,177

 
39,664

 
108,079

 
111,622


(1) 
Premiums are ceded on an earned and received basis as defined in the agreements. The nine months ended September 30, 2019 include the $6.8 million termination fee discussed in “2015 QSR Transaction” above.
(2) 
Ceding commissions are reported within Other underwriting and operating expenses, net on the consolidated statements of operations.

Under the terms of the QSR Transactions, ceded premiums, ceding commission and profit commission are settled net on a quarterly basis. The ceded premiums due after deducting the related ceding commission and profit commission is reported within “Other liabilities” on the consolidated balance sheets.

The reinsurance recoverable on loss reserves related to our QSR Transactions was $19.5 million as of September 30, 2019 and $33.2 million as of December 31, 2018. The reinsurance recoverable balance is secured by funds on deposit from the reinsurers which are based on the funding requirements of PMIERs that address ceded risk.

Excess of loss reinsurance
We have aggregate excess of loss reinsurance agreements (“Home Re Transactions”) with unaffiliated special purpose insurers domiciled in Bermuda (“Home Re Entities”). For the reinsurance coverage periods, we retain the first layer of the respective aggregate losses, and a Home Re special purpose entity will then provide second layer coverage up to the outstanding reinsurance coverage amount. We retain losses in excess of the outstanding reinsurance coverage amount. The aggregate excess of loss reinsurance coverage decreases over a ten-year period, subject to certain conditions, as the underlying covered mortgages amortize or are repaid, or mortgage insurance losses are paid. MGIC has rights to terminate the Home Re Transactions under certain circumstances. The Home Re entities financed the coverages by issuing mortgage insurance-linked notes (“ILNs”) to unaffiliated investors in an aggregate amount equal to the initial reinsurance coverage amounts. The ILNs each have ten-year legal maturities and are non-recourse to any assets of MGIC or affiliates. The proceeds of the ILNs, which were deposited into reinsurance trusts for the benefit of MGIC, will be the source of reinsurance claim payments to MGIC and principal repayments on the ILNs.
Excess of Loss Reinsurance
Table
4.3
 
 
 
 
 
 
 
 
(In thousands)
 
 
 
 
 
As of September 30, 2019
Home Re Entity (Issue Date)
 
Policy Inforce Dates
 
Termination Option Date (1)
 
Remaining First Layer Retention
 
Remaining Excess of Loss Reinsurance Coverages
Home Re 2018-1 Ltd. (Oct. - 2018)
 
July 1, 2016 - December 31, 2017
 
October 25, 2025
 
$
168,112

 
$
288,852

Home Re 2019-1 Ltd. (May - 2019)
 
January 1, 2018 - March 31, 2019
 
May 25, 2026
 
185,714

 
315,739

Total
 
 
 
 
 
$
353,826

 
$
604,591

(1) 
We have the right to terminate the excess-of-loss reinsurance agreements under certain circumstances and on any payment date on or after the respective termination option date.


MGIC Investment Corporation - Q3 2019 | 15


The reinsurance premiums ceded to each Home Re Entity are composed of coverage, initial expense and supplemental premiums. The coverage premiums are generally calculated as the difference between the amount of interest payable by the Home Re Entity on the ILNs it issued to raise funds to collateralize its reinsurance obligations to us, and the investment income collected on the collateral assets. The amount of monthly reinsurance coverage premium ceded will fluctuate due to changes in one-month LIBOR and changes in money market rates that affect investment income collected on the assets in the reinsurance trust. As a result, we concluded that each reinsurance agreement contains an embedded derivative that is accounted for separately as a freestanding derivative. The fair values of the derivatives at September 30, 2019, were not material to our consolidated balance sheet, and the change in fair values during the three and nine months ended September 30, 2019 were not material to our consolidated statements of operations. Total ceded premiums were $5.4 million and $12.4 million for the three and nine months ended September 30, 2019, respectively.

At the time the Home Re Transactions were entered into, we assessed whether each Home Re Entity was a variable interest entity (“VIE”). A VIE is a legal entity that does not have sufficient equity at risk to finance its activities without additional subordinated financial support or is structured such that equity investors lack the ability to make sufficient decisions relating to the entity’s operations through voting rights or do not substantively participate in gains and losses of the entity. We concluded that each Home Re Entity is a VIE. However, given that MGIC (1) does not have the unilateral power to direct the activities that most significantly affect each Home Re Entity’s economic performance and (2) does not have the obligation to absorb losses or the right to receive benefits of each Home Re Entity, consolidation of neither Home Re Entity is required.

We are required to disclose our maximum exposure to loss, which we consider to be an amount that we could be required to record in our statements of operations, as a result of our involvement with the VIEs under our Home Re Transactions. As of September 30, 2019, and December 31, 2018, we did not have material exposure to the VIEs as we have no investment in the VIEs and had no reinsurance claim payments due from either VIE under our reinsurance agreements. We are unable to determine the timing or extent of claims from losses that are ceded under the reinsurance agreements. The VIE assets are deposited in reinsurance trusts for the benefit of MGIC that will be the source of reinsurance claim payments to MGIC. The purpose of the reinsurance trusts is to provide security to MGIC for the obligations of the VIEs under the reinsurance agreements. The trustee of the reinsurance trusts, a recognized provider of corporate trust services, has established segregated accounts within the reinsurance trusts for the benefit of MGIC, pursuant to the trust agreements. The trust agreements are governed by, and construed in accordance with, the laws of the State of New York. If the trustee of the reinsurance trusts failed to distribute claim payments to us as provided in the reinsurance trusts, we would incur a loss related to our losses ceded under the reinsurance agreements and deemed unrecoverable. We are also unable to determine the impact such possible failure by the trustee to perform pursuant to the reinsurance trust agreements may have on our consolidated financial statements. As a result, we are unable to quantify our maximum exposure to loss related
 
to our involvement with the VIEs. MGIC has certain termination rights under the reinsurance agreements should its claims not be paid. We consider our exposure to loss from our reinsurance agreements with the VIEs to be remote.

Table 4.4 presents the total assets of the Home Re Entities as of September 30, 2019 and December 31, 2018.
Home Re total assets
Table
4.4
 
 
(In thousands)
 
 
Home Re Entity (Issue date)
 
Total VIE Assets
September 30, 2019
 
 
Home Re 2018-01 Ltd. (Oct - 2018)
 
$
299,655

Home Re 2019-01 Ltd. (May - 2019)
 
$
315,739

 
 
 
December 31, 2018
 
 
Home Re 2018-01 Ltd. (Oct - 2018)
 
$
318,636



The assets of the Home Re Entities provide capital credit under the PMIERs financial requirements (see Note 1 - “Nature of Business and Basis of Presentation”). A decline in the assets available to pay claims would reduce the capital credit available to MGIC.

Note 5. Litigation and Contingencies
Before paying an insurance claim, we review the loan and servicing files to determine the appropriateness of the claim amount. When reviewing the files, we may determine that we have the right to rescind coverage on the loan. We refer to insurance rescissions and denials of claims collectively as “rescissions” and variations of that term. In addition, our insurance policies generally provide that we can reduce or deny a claim if the servicer did not comply with its obligations under our insurance policy. We call such reduction of claims “curtailments.” In recent quarters, an immaterial percentage of claims received in a quarter have been resolved by rescissions. In 2018, and the first nine months of 2019, curtailments reduced our average claim paid by approximately 5.8% and 4.7%, respectively.

Our loss reserving methodology incorporates our estimates of future rescissions, curtailments, and reversals of rescissions and curtailments. A variance between ultimate actual rescission, curtailment and reversal rates and our estimates, as a result of the outcome of litigation, settlements or other factors, could materially affect our losses.

When the insured disputes our right to rescind coverage or curtail claims, we generally engage in discussions in an attempt to settle the dispute. If we are unable to reach a settlement, the outcome of a dispute ultimately may be determined by legal proceedings.



MGIC Investment Corporation - Q3 2019 | 16


Under ASC 450-20, until a loss associated with settlement discussions or legal proceedings becomes probable and can be reasonably estimated, we consider our claim payment or rescission resolved for financial reporting purposes and do not accrue an estimated loss. Where we have determined that a loss is probable and can be reasonably estimated, we have recorded our best estimate of our probable loss, including recording a probable loss of $23.5 million in the first quarter of 2019. Until settlement negotiations or legal proceedings for which we have recorded a probable loss are concluded; (including the receipt of any necessary GSE approvals), it is reasonably possible that we will record an additional loss. In addition to matters for which we have recorded a probable loss, we are involved in other discussions and/or proceedings with insureds with respect to our claims paying practices. Although it is reasonably possible that when all of these matters are resolved we will not prevail in all cases, we are unable to make a reasonable estimate or range of estimates of the potential liability. We estimate the maximum exposure associated with matters where a loss is reasonably possible to be approximately $264.0 million more than the amount of probable loss we have recorded. This estimate of maximum exposure is based upon currently available information; is subject to significant judgment, numerous assumptions and known and unknown uncertainties; will include an amount for matters for which we have recorded a probable loss until such matters are concluded; will include different matters from time to time; and does not include interest or consequential or exemplary damages. In the third quarter of 2019, we entered into an agreement to settle a claims paying practices dispute for which we previously had recognized a probable loss. There was no additional loss recognized as a result of entering into the agreement, as the settlement amount was consistent with our original estimate of the probable loss. The agreement remains subject to GSE approval.

Mortgage insurers, including MGIC, have in the past been involved in litigation and regulatory actions related to alleged violations of the anti-referral fee provisions of the Real Estate Settlement Procedures Act (“RESPA”), and the notice provisions of the Fair Credit Reporting Act (“FCRA”). While these proceedings in the aggregate did not result in material liability for MGIC, there can be no assurance that the outcome of future proceedings, if any, under these laws would not have a material adverse effect on us. To the extent that we are construed to make independent credit decisions in connection with our contract underwriting activities, we also could be subject to increased regulatory requirements under the Equal Credit
 
Opportunity Act (“EOCA”), FCRA, and other laws. Under ECOA, examination may also be made of whether a mortgage insurer’s underwriting decisions have a disparate impact on persons belonging to a protected class in violation of the law.

Through a non-insurance subsidiary, we utilize our underwriting skills to provide an outsourced underwriting service to our customers known as contract underwriting. As part of the contract underwriting activities, that subsidiary is responsible for the quality of the underwriting decisions in accordance with the terms of the contract underwriting agreements with customers. That subsidiary may be required to provide certain remedies to its customers if certain standards relating to the quality of our underwriting work are not met, and we have an established reserve for such future obligations. Claims for remedies may be made a number of years after the underwriting work was performed. The underwriting remedy expense for 2018 and the first nine months of 2019 was immaterial to our consolidated financial statements.

In addition to the matters described above, we are involved in other legal proceedings in the ordinary course of business. In our opinion, based on the facts known at this time, the ultimate resolution of these ordinary course legal proceedings will not have a material adverse effect on our financial position or consolidated results of operations.

Note 6. Earnings per Share
Basic earnings per share (“EPS”) is calculated by dividing net income by the weighted average number of shares of common stock outstanding. For purposes of calculating basic EPS, vested restricted stock and restricted stock units (“RSUs”) are considered outstanding. Diluted EPS includes the components of basic EPS and also gives effect to dilutive common stock equivalents. We calculate diluted EPS using the treasury stock method and if-converted method. Under the treasury stock method, diluted EPS reflects the potential dilution that could occur if unvested RSUs result in the issuance of common stock. Under the if-converted method, diluted EPS reflects the potential dilution that could occur if our 9% Debentures result in the issuance of common stock. The determination of potentially issuable shares does not consider the satisfaction of the conversion requirements and the shares are included in the determination of diluted EPS as of the beginning of the period, if dilutive.
 


MGIC Investment Corporation - Q3 2019 | 17


Table 6.1 reconciles the numerators and denominators used to calculate basic and diluted EPS.
Earnings per share
Table
6.1
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In thousands, except per share data)
 
2019
 
2018
 
2019
 
2018
Basic earnings per share:
 
 
 
 
 
 
 
 
Net income
 
$
176,934

 
$
181,900

 
$
496,653

 
$
512,351

Weighted average common shares outstanding - basic
 
351,475

 
362,180

 
354,272

 
367,190

Basic earnings per share
 
$
0.50

 
$
0.50

 
$
1.40

 
$
1.40

 
 
 
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
 
 
Net income
 
$
176,934

 
$
181,900

 
$
496,653

 
$
512,351

Interest expense, net of tax (1):
 
 
 
 
 
 
 
 
9% Debentures
 
4,566

 
4,566

 
13,698

 
13,698

Diluted income available to common shareholders
 
$
181,500

 
$
186,466

 
$
510,351

 
$
526,049

 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding - basic
 
351,475

 
362,180

 
354,272

 
367,190

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Unvested RSUs
 
2,072

 
1,697

 
1,966

 
1,547

9% Debentures
 
19,028

 
19,028

 
19,028

 
19,028

Weighted average common shares outstanding - diluted
 
372,575

 
382,905

 
375,266

 
387,765

Diluted earnings per share
 
$
0.49

 
$
0.49

 
$
1.36

 
$
1.36


(1) 
The periods ended September 30, 2019 and 2018 were tax-effected at a rate of 21%.

Note 7. Investments
Fixed income securities
The amortized cost, gross unrealized gains and losses, and fair value of investments in fixed income securities classified as available-for-sale at September 30, 2019 and December 31, 2018 are shown in tables 7.1a and 7.1b below.
Details of fixed income securities by category as of September 30, 2019
Table
7.1a
 
 
 
 
 
 
 
 
(In thousands)
 
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized (Losses) (1)
 
Fair Value
U.S. Treasury securities and obligations of U.S. government corporations and agencies
 
$
197,748

 
$
1,456

 
$
(75
)
 
$
199,129

Obligations of U.S. states and political subdivisions
 
1,552,283

 
108,763

 
(494
)
 
1,660,552

Corporate debt securities
 
2,653,124

 
74,630

 
(3,151
)
 
2,724,603

Asset backed securities (“ABS”)
 
212,792

 
2,819

 
(65
)
 
215,546

Residential mortgage backed securities (“RMBS”)
 
248,098

 
1,022

 
(2,663
)
 
246,457

Commercial mortgage backed securities (“CMBS”)
 
280,364

 
6,714

 
(266
)
 
286,812

Collateralized loan obligations (“CLOs”)
 
329,484

 
81

 
(1,672
)
 
327,893

Total fixed income securities
 
$
5,473,893

 
$
195,485

 
$
(8,386
)
 
$
5,660,992



MGIC Investment Corporation - Q3 2019 | 18


Details of fixed income securities by category as of December 31, 2018
Table
7.1b
 
 
 
 
 
 
 
 
(In thousands)
 
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized (Losses) (1)
 
Fair Value
U.S. Treasury securities and obligations of U.S. government corporations and agencies
 
$
167,655

 
$
597

 
$
(1,076
)
 
$
167,176

Obligations of U.S. states and political subdivisions
 
1,701,826

 
29,259

 
(10,985
)
 
1,720,100

Corporate debt securities
 
2,439,173

 
2,103

 
(40,514
)
 
2,400,762

ABS
 
111,953

 
226

 
(146
)
 
112,033

RMBS
 
189,238

 
32

 
(10,309
)
 
178,961

CMBS
 
276,352

 
888

 
(9,580
)
 
267,660

CLOs
 
310,587

 
2

 
(5,294
)
 
305,295

Total fixed income securities
 
$
5,196,784

 
$
33,107

 
$
(77,904
)
 
$
5,151,987

(1) 
At September 30, 2019 and December 31, 2018, there were no other-than-temporary impairment losses recorded in other comprehensive income.

The increase in gross unrealized gains and the decrease in gross unrealized losses in our fixed income securities from December 31, 2018 to September 30, 2019 were primarily caused by declines in interest rates during that period.

We had $13.8 million and $13.5 million of investments at fair value on deposit with various states as of September 30, 2019 and December 31, 2018, respectively, due to regulatory requirements of those state insurance departments.

The amortized cost and fair values of fixed income securities at September 30, 2019, by contractual maturity, are shown in table 7.2 below. Actual maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Because most ABS, RMBS, CMBS, and CLOs provide for periodic payments throughout their lives, they are listed in separate categories.
Fixed income securities maturity schedule
Table
7.2
 
 
 
 
 
 
September 30, 2019
(In thousands)
 
Amortized cost
 
Fair Value
Due in one year or less
 
$
372,478

 
$
373,388

Due after one year through five years
 
1,928,972

 
1,966,387

Due after five years through ten years
 
1,001,486

 
1,059,774

Due after ten years
 
1,100,219

 
1,184,735

 
 
4,403,155

 
4,584,284

 
 
 
 
 
ABS
 
212,792

 
215,546

RMBS
 
248,098

 
246,457

CMBS
 
280,364

 
286,812

CLOs
 
329,484

 
327,893

Total as of September 30, 2019
 
$
5,473,893

 
$
5,660,992



Proceeds from sales of fixed income securities classified as available-for-sale were $201.4 million and $338.9 million during the nine months ended September 30, 2019 and 2018, respectively. Gross gains of $3.3 million and $5.3 million and gross losses of $0.7 million and $3.0 million were realized on those sales during the three and nine months ended September 30, 2019, respectively. Gross gains of $0.3 million and $0.4 million and gross losses of $2.3 million and $3.3 million were realized on those sales during the three and nine months ended September 30, 2018, respectively. During the nine months ended September 30, 2019, we recorded other-than-temporary impairment (“OTTI”) losses of $0.1 million. During the three and nine months ended September 30, 2018, we recorded OTTI losses of $0.5 million and $1.8 million, respectively.



MGIC Investment Corporation - Q3 2019 | 19


Equity securities
The cost and fair value of investments in equity securities at September 30, 2019 and December 31, 2018 are shown in tables 7.3a and 7.3b below.
Details of equity security investments as of September 30, 2019
Table
7.3a
 
 
 
 
 
 
 
 
(In thousands)
 
Cost
 
Gross Gains
 
Gross Losses
 
Fair Value
Equity securities
 
$
17,205

 
$
163

 
$
(8
)
 
$
17,360

Details of equity security investments as of December 31, 2018
Table
7.3b
 
 
 
 
 
 
 
 
(In thousands)
 
Cost
 
Gross Gains
 
Gross Losses
 
Fair Value
Equity securities
 
$
3,993

 
$
11

 
$
(72
)
 
$
3,932



For the three and nine months ended September 30, 2019, we recognized an insignificant amount and $0.2 million, respectively, of net gains on equity securities still held as of September 30, 2019. For the nine months ended September 30, 2018, we recognized $3.6 million of net gains on equity securities still held as of September 30, 2018.

Other invested assets
Other invested assets include an investment in Federal Home Loan Bank (“FHLB”) stock that is carried at cost, which due to its nature approximates fair value. Ownership of FHLB stock provides access to a secured lending facility, and our current FHLB Advance amount is secured by eligible collateral whose fair value is maintained at a minimum of 102% of the outstanding principal balance. As of September 30, 2019, that collateral consisted of fixed income securities included in our total investment portfolio, and cash and cash equivalents, with a total fair value of $165.4 million.

Unrealized investment losses
Tables 7.4a and 7.4b below summarize, for all available-for-sale investments in an unrealized loss position at September 30, 2019 and December 31, 2018, the aggregate fair value and gross unrealized loss by the length of time those securities have been continuously in an unrealized loss position. The fair value amounts reported in tables 7.4a and 7.4b are estimated using the process described in Note 8 - “Fair Value Measurements” to these consolidated financial statements and in Note 3 - “Significant Accounting Policies” of the notes to the consolidated financial statements in our 2018 Annual Report on Form 10-K.
Unrealized loss aging for securities by type and length of time as of September 30, 2019
Table
7.4a
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Less Than 12 Months
 
12 Months or Greater
 
Total
(In thousands)
 
Fair Value
 
Unrealized Losses
 
Fair Value
 
Unrealized Losses
 
Fair Value
 
Unrealized Losses
U.S. Treasury securities and obligations of U.S. government corporations and agencies
 
$
25,284

 
$
(48
)
 
$
7,364

 
$
(27
)
 
$
32,648

 
$
(75
)
Obligations of U.S. states and political subdivisions
 
4,965

 
(467
)
 
10,007

 
(27
)
 
14,972

 
(494
)
Corporate debt securities
 
135,541

 
(2,818
)
 
78,842

 
(333
)
 
214,383

 
(3,151
)
ABS
 
8,998

 
(65
)
 

 

 
8,998

 
(65
)
RMBS
 
47,166

 
(309
)
 
116,534

 
(2,354
)
 
163,700

 
(2,663
)
CMBS
 
21,882

 
(196
)
 
13,579

 
(70
)
 
35,461

 
(266
)
CLOs
 
147,272

 
(1,008
)
 
113,322

 
(664
)
 
260,594

 
(1,672
)
Total
 
$
391,108

 
$
(4,911
)
 
$
339,648

 
$
(3,475
)
 
$
730,756

 
$
(8,386
)


MGIC Investment Corporation - Q3 2019 | 20


Unrealized loss aging for securities by type and length of time as of December 31, 2018
Table
7.4b
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Less Than 12 Months
 
12 Months or Greater
 
Total
(In thousands)
 
Fair Value
 
Unrealized
 Losses
 
Fair Value
 
Unrealized
Losses
 
Fair Value
 
Unrealized
 Losses
U.S. Treasury securities and obligations of U.S. government corporations and agencies
 
$
23,710

 
$
(15
)
 
$
69,146

 
$
(1,061
)
 
$
92,856

 
$
(1,076
)
Obligations of U.S. states and political subdivisions
 
316,655

 
(3,875
)
 
358,086

 
(7,110
)
 
674,741

 
(10,985
)
Corporate debt securities
 
1,272,279

 
(18,130
)
 
785,627

 
(22,384
)
 
2,057,906

 
(40,514
)
ABS
 
51,324

 
(146
)
 

 

 
51,324

 
(146
)
RMBS
 
24

 

 
178,573

 
(10,309
)
 
178,597

 
(10,309
)
CMBS
 
65,704

 
(1,060
)
 
163,272

 
(8,520
)
 
228,976

 
(9,580
)
CLOs
 
296,497

 
(5,294
)
 

 

 
296,497

 
(5,294
)
Total
 
$
2,026,193

 
$
(28,520
)
 
$
1,554,704

 
$
(49,384
)
 
$
3,580,897

 
$
(77,904
)


The unrealized losses in all categories of our investments at September 30, 2019 and December 31, 2018 were primarily caused by changes in interest rates between the time of purchase and the respective fair value measurement date. There were 183 and 721 securities in an unrealized loss position at September 30, 2019 and December 31, 2018, respectively.  

Note 8. Fair Value Measurements
Recurring fair value measurements
The following describes the valuation methodologies generally used by the independent pricing sources, or by us, to measure financial instruments at fair value, including the general classification of such financial instruments pursuant to the valuation hierarchy.

Level 1 measurements
Fixed income securities: Consist of primarily U.S. Treasury securities with valuations derived from quoted prices for identical instruments in active markets that we can access.
Equity securities: Consist of actively traded, exchange-listed equity securities with valuations derived from quoted prices for identical assets in active markets that we can access.
Other: Consists of money market funds with valuations derived from quoted prices for identical assets in active markets that we can access.

Level 2 measurements
Fixed income securities:
Corporate Debt & U.S. Government and Agency Bonds are valued by surveying the dealer community, obtaining relevant trade data, benchmark quotes and spreads and incorporating this information into the valuation process.
Obligations of U.S. States & Political Subdivisions are valued by tracking, capturing, and analyzing quotes for active issues and trades reported via the Municipal Securities Rulemaking Board records. Daily briefings and reviews of current economic conditions, trading levels, spread relationships, and the slope of the yield curve provide further data for evaluation.
Residential Mortgage-Backed Securities ("RMBS") are valued by monitoring interest rate movements, and other pertinent data daily. Incoming market data is enriched to derive spread, yield and/or price data as appropriate, enabling known data points to be extrapolated for valuation application across a range of related securities.
Commercial Mortgage-Backed Securities ("CMBS") are valued using techniques that reflect market participants’ assumptions and maximize the use of relevant observable inputs including quoted prices for similar assets, benchmark yield curves and market corroborated inputs. Evaluation uses regular reviews of the inputs for securities covered, including executed trades, broker quotes, credit information, collateral attributes and/or cash flow waterfall as applicable.
Asset-Backed Securities ("ABS") are valued using spreads and other information solicited from market buy-and-sell-side sources, including primary and secondary dealers, portfolio managers, and research analysts. Cash flows are generated for each tranche, benchmark yields are determined, and deal collateral performance and tranche level attributes including trade activity, bids, and offers are applied, resulting in tranche specific prices.
Collateralized loan obligations ("CLOs") are valued by evaluating manager rating, seniority in the capital structure, assumptions about prepayment, default and recovery and their impact on cash flow generation. Loan level net asset values are determined and aggregated for tranches and as a final step prices are checked against available recent trade activity.



MGIC Investment Corporation - Q3 2019 | 21


Level 3 measurements
Real estate acquired is valued at the lower of our acquisition cost or a percentage of the appraised value. The percentage applied to the appraised value is based upon our historical sales experience adjusted for current trends.

Assets measured at fair value, by hierarchy level, as of September 30, 2019 and December 31, 2018 are shown in tables 8.1a and 8.1b below. The fair value of the assets is estimated using the process described above, and more fully in Note 3 - “Significant Accounting Policies” of the notes to the consolidated financial statements in our 2018 Annual Report on Form 10-K.
Assets carried at fair value by hierarchy level as of September 30, 2019
Table
8.1a
 
 
 
 
 
 
 
 
(In thousands)
 
Total Fair Value
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
U.S. Treasury securities and obligations of U.S. government corporations and agencies
 
$
199,129

 
$
40,545

 
$
158,584

 
$

Obligations of U.S. states and political subdivisions
 
1,660,552

 

 
1,660,552

 

Corporate debt securities
 
2,724,603

 

 
2,724,603

 

ABS
 
215,546

 

 
215,546

 

RMBS
 
246,457

 

 
246,457

 

CMBS
 
286,812

 

 
286,812

 

CLOs
 
327,893

 

 
327,893

 

Total fixed income securities
 
5,660,992

 
40,545

 
5,620,447

 

Equity securities
 
17,360

 
17,360

 

 

Other (1)
 
161,518

 
161,518

 

 

Real estate acquired (2)
 
7,779

 

 

 
7,779

Total
 
$
5,847,649

 
$
219,423

 
$
5,620,447

 
$
7,779

Assets carried at fair value by hierarchy level as of December 31, 2018
Table
8.1b
 
 
 
 
 
 
 
 
(In thousands)
 
Total Fair Value
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
U.S. Treasury securities and obligations of U.S. government corporations and agencies
 
$
167,176

 
$
42,264

 
$
124,912

 
$

Obligations of U.S. states and political subdivisions
 
1,720,100

 

 
1,720,087

 
13

Corporate debt securities
 
2,400,762

 

 
2,400,762

 

ABS
 
112,033

 

 
112,033

 

RMBS
 
178,961

 

 
178,961

 

CMBS
 
267,660

 

 
267,660

 

CLOs
 
305,295

 

 
305,295

 

Total fixed income securities
 
5,151,987

 
42,264

 
5,109,710

 
13

Equity securities
 
3,932

 
3,932

 

 

Other (1)
 
96,403

 
96,403

 

 

Real estate acquired (2)
 
14,535

 

 

 
14,535

Total
 
$
5,266,857

 
$
142,599

 
$
5,109,710

 
$
14,548

(1) 
Consists of money market funds included in “Cash and Cash Equivalents” and “Restricted Cash and Cash Equivalents” on the consolidated balance sheets.
(2) 
Real estate acquired through claim settlement, which is held for sale, is reported in “Other assets” on the consolidated balance sheets.


MGIC Investment Corporation - Q3 2019 | 22


Reconciliations of Level 3 assets
For assets measured at fair value using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances for the three and nine months ended September 30, 2019 and 2018 is shown in tables 8.2a through 8.2d below. As shown in table 8.2d below, we transferred our FHLB stock out of Level 3 assets, and it is carried at cost, which approximates fair value, on our consolidated balance sheet in “Other invested assets.” There were no losses included in earnings for those periods attributable to the change in unrealized losses on assets still held at the end of the applicable period.
Fair value roll-forward for financial instruments classified as Level 3 for the three months ended September 30, 2019
Table
8.2a
 
 
 
 
 
 
 
 
(In thousands)
 
Fixed income
 
Equity Securities
 
Total Investments
 
Real Estate Acquired
Balance at June 30, 2019
 
$

 
$

 
$

 
$
10,250

Purchases
 

 

 

 
4,681

Sales
 

 

 

 
(7,173
)
Included in earnings and reported as losses incurred, net
 

 

 

 
21

Balance at September 30, 2019
 
$

 
$

 
$

 
$
7,779

Fair value roll-forward for financial instruments classified as Level 3 for the nine months ended September 30, 2019
Table
8.2b
 
 
 
 
 
 
 
 
(In thousands)
 
Fixed income
 
Equity Securities
 
Total Investments
 
Real Estate Acquired
Balance at December 31, 2018
 
$
13

 
$

 
$
13

 
$
14,535

Purchases
 

 

 

 
19,872

Sales
 
(13
)
 

 
(13
)
 
(26,197
)
Included in earnings and reported as losses incurred, net
 

 

 

 
(431
)
Balance at September 30, 2019
 
$

 
$

 
$

 
$
7,779

Fair value roll-forward for financial instruments classified as Level 3 for the three months ended September 30, 2018
Table
8.2c
 
 
 
 
 
 
 
 
(In thousands)
 
Fixed income
 
Equity
Securities
 
Total
Investments
 
Real Estate
Acquired
Balance at June 30, 2018
 
192

 
1,168

 
1,360

 
13,321

Purchases
 

 

 

 
7,979

Sales
 
(115
)
 

 
(115
)
 
(8,511
)
Included in earnings and reported as net realized investment gains
 

 
3,663

 
3,663

 

Included in earnings and reported as losses incurred, net
 

 

 

 
(450
)
Balance at September 30, 2018
 
$
77

 
$
4,831

 
$
4,908

 
$
12,339

Fair value roll-forward for financial instruments classified as Level 3 for the nine months ended September 30, 2018
Table
8.2d
 
 
 
 
 
 
 
 
(In thousands)
 
Fixed income
 
Equity
Securities
 
Total
Investments
 
Real Estate
Acquired
Balance at December 31, 2017
 
271

 
4,268

 
4,539

 
12,713

Transfers out of Level 3
 

 
(3,100
)
 
(3,100
)
 

Purchases
 

 

 

 
24,742

Sales
 
(194
)
 

 
(194
)
 
(24,012
)
Included in earnings and reported as net realized investment gains
 

 
3,663

 
3,663

 

Included in earnings and reported as losses incurred, net
 

 

 

 
(1,104
)
Balance at September 30, 2018
 
$
77

 
$
4,831

 
$
4,908

 
$
12,339



Certain financial instruments, including insurance contracts, are excluded from these fair value disclosure requirements. The carrying values of cash and cash equivalents (Level 1) and accrued investment income (Level 2) approximated their fair values. Additional fair value disclosures related to our investment portfolio are included in Note 7 – “Investments.”



MGIC Investment Corporation - Q3 2019 | 23


Financial assets and liabilities not measured at fair value
Other invested assets include an investment in FHLB stock that is carried at cost, which due to restrictions that require it to be redeemed or sold only to the security issuer at par value, approximates fair value. The fair value of other invested assets is categorized as Level 2.
Financial liabilities include our outstanding debt obligations. The fair values of our 5.75% Notes and 9% Debentures were based on observable market prices. The fair value of the FHLB Advance was estimated using cash flows discounted at current incremental borrowing rates for similar borrowing arrangements. In all cases the fair values of the financial liabilities below are categorized as Level 2.
Table 8.3 presents the carrying value and fair value of our financial assets and liabilities disclosed, but not carried, at fair value at September 30, 2019 and December 31, 2018.
Financial assets and liabilities not measured at fair value
Table
8.3
 
 
 
 
 
 
 
 
 
 
September 30, 2019
 
December 31, 2018
(In thousands)
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
Financial assets
 
 
 
 
 
 
 
 
Other invested assets
 
$
3,100

 
$
3,100

 
$
3,100

 
$
3,100

 
 
 
 
 
 
 
 
 
Financial liabilities
 
 
 
 
 
 
 
 
FHLB Advance
 
$
155,000

 
$
156,637

 
$
155,000

 
$
150,551

5.75% Senior Notes
 
420,578

 
467,317

 
419,713

 
425,791

9% Convertible Junior Subordinated Debentures
 
256,872

 
351,699

 
256,872

 
338,069

Total financial liabilities
 
$
832,450

 
$
975,653

 
$
831,585

 
$
914,411



Note 9. Other Comprehensive Income
The pretax and related income tax (expense) benefit components of our other comprehensive income (loss) for the three and nine months ended September 30, 2019 and 2018 are included in table 9.1 below.
Components of other comprehensive income (loss)
 
 
 
 
Table
9.1
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In thousands)
 
2019
 
2018
 
2019
 
2018
Net unrealized investment gains (losses) arising during the period
 
$
39,712

 
$
(15,288
)
 
$
231,895

 
$
(109,433
)
Income tax (expense) benefit
 
(8,340
)
 
3,211

 
(48,698
)
 
22,981

Net of taxes
 
31,372

 
(12,077
)
 
183,197

 
(86,452
)
 
 
 
 
 
 
 
 
 
Net changes in benefit plan assets and obligations
 
2,024

 
558

 
6,074

 
1,674

Income tax expense
 
(424
)
 
(118
)
 
(1,275
)
 
(352
)
Net of taxes
 
1,600

 
440

 
4,799

 
1,322

 
 
 
 
 
 
 
 
 
Total other comprehensive income (loss)
 
41,736

 
(14,730
)
 
237,969

 
(107,759
)
Total income tax (expense) benefit
 
(8,764
)
 
3,093

 
(49,973
)
 
22,629

Total other comprehensive income (loss), net of tax
 
$
32,972

 
$
(11,637
)
 
$
187,996

 
$
(85,130
)




MGIC Investment Corporation - Q3 2019 | 24


The pretax and related income tax benefit (expense) components of the amounts reclassified from our accumulated other comprehensive income (loss) (“AOCI”) to our consolidated statements of operations for the three and nine months ended September 30, 2019 and 2018 are included in table 9.2 below.
Reclassifications from AOCI
 
 
 
 
Table
9.2
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In thousands)
 
2019
 
2018
 
2019
 
2018
Reclassification adjustment for net realized gains (losses) (1)
 
$
2,772

 
$
(2,567
)
 
$
1,794

 
$
(6,279
)
Income tax (expense) benefit
 
(582
)
 
539

 
(376
)
 
1,318

Net of taxes
 
2,190

 
(2,028
)
 
1,418

 
(4,961
)
 
 
 
 
 
 
 
 
 
Reclassification adjustment related to benefit plan assets and obligations (2)
 
(2,024
)
 
(558
)
 
(6,074
)
 
(1,674
)
Income tax benefit
 
424

 
118

 
1,275

 
352

Net of taxes
 
(1,600
)
 
(440
)
 
(4,799
)
 
(1,322
)
 
 
 
 
 
 
 
 
 
Total reclassifications
 
748

 
(3,125
)
 
(4,280
)
 
(7,953
)
Total income tax (expense) benefit
 
(158
)
 
657

 
899

 
1,670

Total reclassifications, net of tax
 
$
590

 
$
(2,468
)
 
$
(3,381
)
 
$
(6,283
)

(1) 
Increases (decreases) Net realized investment (losses) gains on the consolidated statements of operations.
(2) 
Decreases (increases) Other underwriting and operating expenses, net on the consolidated statements of operations.

A rollforward of AOCI for the nine months ended September 30, 2019, including amounts reclassified from AOCI, are included in table 9.3 below.
Rollforward of AOCI
Table
9.3
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2019
(In thousands)
 
Net unrealized gains and (losses) on available-for-sale securities
 
Net benefit plan assets and (obligations) recognized in shareholders' equity
 
Total accumulated other comprehensive income (loss)
Balance, December 31, 2018, net of tax
 
$
(35,389
)
 
$
(88,825
)
 
$
(124,214
)
Other comprehensive income before reclassifications
 
184,615

 

 
184,615

Less: Amounts reclassified from AOCI
 
1,418

 
(4,799
)
 
(3,381
)
Balance, September 30, 2019, net of tax
 
$
147,808

 
$
(84,026
)
 
$
63,782



Note 10. Benefit Plans
Tables 10.1 and 10.2 provide the components of net periodic benefit cost for our pension, supplemental executive retirement and other postretirement benefit plans for the three and nine months ended September 30, 2019 and 2018.
Components of net periodic benefit cost
Table
10.1
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30,
 
 
Pension and Supplemental Executive Retirement Plans
 
Other Postretirement Benefit Plans
(In thousands)
 
2019
 
2018
 
2019
 
2018
Service cost
 
$
2,086

 
$
2,633

 
$
337

 
$
290

Interest cost
 
3,926

 
3,774

 
283

 
208

Expected return on plan assets
 
(4,866
)
 
(5,563
)
 
(1,447
)
 
(1,590
)
Amortization of net actuarial losses/(gains)
 
2,103

 
1,734

 

 
(62
)
Amortization of prior service cost/(credit)
 
(71
)
 
(88
)
 
(8
)
 
(1,026
)
Net periodic benefit cost (benefit)
 
$
3,178

 
$
2,490

 
$
(835
)
 
$
(2,180
)


MGIC Investment Corporation - Q3 2019 | 25


Components of net periodic benefit cost
Table
10.2
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30,
 
 
 
Pension and Supplemental Executive Retirement Plans
 
Other Postretirement Benefits
(in thousands)
 
2019
 
2018
 
2019
 
2018
Service cost
 
$
6,258

 
$
7,898

 
$
1,009

 
$
870

Interest cost
 
11,779

 
11,321

 
848

 
625

Expected return on plan assets
 
(14,599
)
 
(16,688
)
 
(4,339
)
 
(4,769
)
Recognized net actuarial gain (loss)
 
6,309

 
5,203

 

 
(187
)
Amortization of prior service cost
 
(211
)
 
(263
)
 
(25
)
 
(3,078
)
Net period benefit cost (benefit)
 
$
9,536

 
$
7,471

 
$
(2,507
)
 
$
(6,539
)


We currently intend to make contributions totaling $10.2 million to our qualified pension plan and supplemental executive retirement plan in 2019.

Note 11. Loss Reserves
We establish reserves to recognize the estimated liability for losses and loss adjustment expenses (“LAE”) related to defaults on insured mortgage loans. Loss reserves are established by estimating the number of loans in our inventory of delinquent loans that will result in a claim payment, which is referred to as the claim rate, and further estimating the amount of the claim payment, which is referred to as claim severity.

Estimation of losses is inherently judgmental. The conditions that affect the claim rate and claim severity include the current and future state of the domestic economy, including unemployment and the current and future strength of local housing markets; exposure on insured loans; the amount of time between default and claim filing; and curtailments and rescissions. The actual amount of the claim payments may be substantially different than our loss reserve estimates. Our estimates could be adversely affected by several factors, including a deterioration of regional or national economic conditions, including unemployment, leading to a reduction in borrowers’ income and thus their ability to make mortgage payments, and a drop in housing values which may affect borrower willingness to continue to make mortgage payments when the value of the home is below the mortgage balance. Changes to our estimates could result in a material impact to our consolidated results of operations and financial position, even in a stable economic environment.

The “Losses incurred” section of table 11.1 below shows losses incurred on delinquencies that occurred in the current year and in prior years. The amount of losses incurred relating to delinquencies that occurred in the current year represents the estimated amount to be ultimately paid on such delinquencies. The amount of losses incurred relating to delinquencies that occurred in prior years represents the difference between the actual claim rate and severity associated with those delinquencies resolved in the current year compared to the estimated claim rate and severity at the prior year-end, as well as a re-estimation of amounts to be ultimately paid on delinquencies continuing from the end of the prior year. This re-estimation of the claim rate and severity is the result of our review of current trends in the delinquent inventory, such as percentages of delinquencies that have resulted in a claim, the
 
amount of the claims relative to the average loan exposure, changes in the relative level of delinquencies by geography and changes in average loan exposure.

Losses incurred on delinquencies that occurred in the current year decreased in the first nine months of 2019 compared to the same period in 2018, due to a decrease in the estimated claim rate on delinquencies that occurred in the current year.

For the nine months ended September 30, 2019 and 2018, we experienced favorable loss reserve development on previously received delinquencies. This was, in large part, due to the resolution of approximately 61% and 65%, respectively, of the prior year delinquent inventory, with lower claim rates due to improved cure rates. The favorable loss reserve development resulting from a reduction in the estimated claim rate was partially offset in the nine months ended September 30, 2019 by the recognition of a probable loss of $23.5 million related to litigation of our claims paying practices and an increase in our LAE reserves, and for the nine months ended September 30, 2018, by an increase in our severity assumption on previously received delinquencies and an increase in our LAE reserves.

The “Losses paid” section of table 11.1 below shows the amount of losses paid on delinquencies that occurred in the current year and losses paid on delinquencies that occurred in prior years. For several years, the average time it took to receive a claim associated with a delinquency had increased significantly from our historical experience of approximately twelve months. This was, in part, due to new loss mitigation protocols established by servicers and to changes in some state foreclosure laws that may include, for example, a requirement for additional review and/or mediation processes. In recent quarters, we have experienced a decline in the average time servicers are utilizing to process foreclosures, which has reduced the average time to receive a claim associated with new delinquent notices that do not cure. All else being equal, the longer the period between delinquency and claim filing, the greater the severity.



MGIC Investment Corporation - Q3 2019 | 26


During the first nine months of 2019 and 2018, our losses paid included amounts paid upon commutation of coverage of pools of non-performing loans (“NPLs”). The impacts of these payments were as follows:
2019 - 195 items were removed from the delinquent inventory with an amount paid of $4 million.
2018 - 1,243 items were removed from the delinquent inventory with an amount paid of $40 million.
 
Premium refunds
Our estimate of premiums to be refunded on expected claim payments is accrued for separately in “Other Liabilities” on our consolidated balance sheets and approximated $31 million and $40 million at September 30, 2019 and December 31, 2018, respectively.


Table 11.1 provides a reconciliation of beginning and ending loss reserves as of and for the nine months ended September 30, 2019 and 2018.
Development of reserves for losses and loss adjustment expenses
Table
11.1
 
 
 
 
 
 
 
Nine Months Ended September 30,
(In thousands)
 
2019
 
2018
Reserve at beginning of period
 
$
674,019

 
$
985,635

Less reinsurance recoverable
 
33,328

 
48,474

Net reserve at beginning of period
 
640,691

 
937,161

 
 
 
 
 
Losses incurred:
 
 
 
 
Losses and LAE incurred in respect of delinquency notices received in:
 
 
 
 
Current year
 
142,644

 
155,808

Prior years (1)
 
(47,760
)
 
(146,931
)
Total losses incurred
 
94,884

 
8,877

 
 
 
 
 
Losses paid:
 
 
 
 
Losses and LAE paid in respect of delinquency notices received in:
 
 
 
 
Current year
 
980

 
2,449

Prior years
 
165,844

 
257,808

Reinsurance terminations
 
(13,980
)
 
(1,984
)
Total losses paid
 
152,844

 
258,273

Net reserve at end of period
 
582,731

 
687,765

Plus reinsurance recoverables
 
19,566

 
33,281

Reserve at end of period
 
$
602,297

 
$
721,046

(1) 
A negative number for prior year losses incurred indicates a redundancy of prior year loss reserves. See the following table for more information about prior year loss development.

The prior year development of the reserves in the first nine months of 2019 and 2018 is reflected in table 11.2 below.
Reserve development on previously received delinquencies
Table
11.2
 
 
 
 
 
 
 
Nine Months Ended September 30,
(In millions)
 
2019
 
2018
Decrease in estimated claim rate on primary defaults
 
$
(94
)
 
$
(184
)
Increase in estimated severity on primary defaults
 
2

 
22

Change in estimates related to pool reserves, LAE reserves, reinsurance, and other
 
44

 
15

Total prior year loss development (1)
 
$
(48
)
 
$
(147
)
(1) 
A negative number for prior year loss development indicates a redundancy of prior year loss reserves.

Delinquent inventory
A rollforward of our primary delinquent inventory for the three and nine months ended September 30, 2019 and 2018 appears in table 11.3 below. The information concerning new notices and cures is compiled from monthly reports received from loan servicers. The level of new notice and cure activity reported in a particular month can be influenced by, among other things, the date on which a servicer generates its report, the accuracy of the data provided by servicers, the number of business days in a month, transfers of servicing between loan servicers and whether all servicers have provided the reports in a given month.


MGIC Investment Corporation - Q3 2019 | 27


Delinquent inventory rollforward
 
 
 
 
Table
11.3
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2019
 
2018
 
2019
 
2018
Delinquent inventory at beginning of period
 
29,795

 
36,037

 
32,898

 
46,556

New notices
 
14,019

 
13,569

 
40,545

 
40,351

Cures
 
(12,592
)
 
(14,197
)
 
(39,822
)
 
(47,620
)
Paid claims
 
(1,045
)
 
(1,374
)
 
(3,345
)
 
(4,446
)
Rescissions and denials
 
(42
)
 
(56
)
 
(141
)
 
(200
)
Other items removed from inventory
 
(195
)
 
(581
)
 
(195
)
 
(1,243
)
Delinquent inventory at end of period
 
29,940

 
33,398

 
29,940

 
33,398



When compared to the prior year periods, the decrease in the primary delinquent inventory experienced during the three and nine months ended September 30, 2019 and 2018 was generally across all markets and primarily in book years 2008 and prior. New notices increased in the three and nine months ended September 2019 when compared to the same periods of 2018 primarily due to our larger, more recent book years entering their expected peak loss years, and an overall increase in our insurance in force and policies in force. New notice activity in the three months ended September 30, 2019 exceeded the reductions to our delinquent inventory resulting in a slight increase in our delinquent inventory from June 30, 2019.

Table 11.4 below shows the number of consecutive months a borrower is delinquent. Historically as a delinquency ages it becomes more likely to result in a claim.
Primary delinquent inventory - consecutive months delinquent
Table
11.4
 
 
 
 
September 30, 2019
December 31, 2018
September 30, 2018
3 months or less
9,462

9,829

9,484

4-11 months
9,082

9,655

9,564

12 months or more (1)
11,396

13,414

14,350

Total
29,940

32,898

33,398

3 months or less
32
%
30
%
28
%
4-11 months
30
%
29
%
29
%
12 months or more
38
%
41
%
43
%
Total
100
%
100
%
100
%
Primary claims received inventory included in ending delinquent inventory
557

809

766

(1) 
Approximately 36%, 38%, and 39% of the primary delinquent inventory delinquent for 12 consecutive months or more has been delinquent for at least 36 consecutive months as of September 30, 2019, December 31, 2018, and September 30, 2018, respectively.

 
Claims paying practices
Our loss reserving methodology incorporates our estimates of future rescissions and curtailments. A variance between ultimate actual rescission and curtailment rates and our estimates, as a result of the outcome of litigation, settlements or other factors, could materially affect our losses. Our estimate of premiums to be refunded on expected future rescissions is accrued for separately and is included in “Other liabilities” on our consolidated balance sheets. For information about discussions and legal proceedings with customers with respect to our claims paying practices see Note 5 – “Litigation and Contingencies.”


Note 12. Shareholders’ Equity
Share repurchase programs
During the nine months ending September 30, 2019 we repurchased approximately 7.3 million shares of our common stock at a weighted average cost per share of $12.92, which included commissions. We may repurchase up to an additional $131 million of our common stock through the end of 2020 under a share repurchase program approved by our Board of Directors in the first quarter of 2019. Repurchases may be made from time to time on the open market or through privately negotiated transactions. The repurchase program may be suspended for periods or discontinued at any time.

Cash dividends
In September 2019, we paid a quarterly cash dividend of $0.06 per share to shareholders which totaled $21 million. On October 24, 2019, the Board of Directors declared a quarterly cash dividend to holders of the company’s common stock of $0.06 per share payable on November 25, 2019, to shareholders of record at the close of business on November 11, 2019.

Note 13. Share-Based Compensation
We have certain share-based compensation plans. Under the fair value method, compensation cost is measured at the grant date based on the fair value of the award and is recognized over the service period which generally corresponds to the vesting period. Awards under our plans generally vest over periods ranging from one to three years.

Table 13.1 shows the number of restricted stock units (RSUs) granted to employees and the weighted average fair value per share during the periods presented (shares in thousands).
Restricted stock unit grants
Table
13.1
 
 
 
 
 
 
 
Nine months ended September 30,
 
 
2019
 
2018
 
 
RSUs
Granted
Weighted Average Share Fair Value
 
RSUs
Granted
Weighted Average Share Fair Value
RSUs subject to performance conditions
1,378

$
11.76

 
1,239

$
15.80

RSUs subject only to service conditions
605

12.21

 
447

15.39




MGIC Investment Corporation - Q3 2019 | 28


Note 14. Statutory Information
Statutory Capital Requirements
The insurance laws of 16 jurisdictions, including Wisconsin, our domiciliary state, require a mortgage insurer to maintain a minimum amount of statutory capital relative to the net risk in force (or a similar measure) in order for the mortgage insurer to continue to write new business. We refer to these requirements as the “State Capital Requirements.” While they vary among jurisdictions, the most common State Capital Requirements allow for a maximum risk-to-capital ratio of 25 to 1. A risk-to-capital ratio will increase if (i) the percentage decrease in capital exceeds the percentage decrease in insured risk, or (ii) the percentage increase in capital is less than the percentage increase in insured risk. Wisconsin does not regulate capital by using a risk-to-capital measure but instead requires a minimum policyholder position (“MPP”). The “policyholder position” of a mortgage insurer is its net worth or surplus, contingency reserve and a portion of the reserves for unearned premiums.

At September 30, 2019, MGIC’s risk-to-capital ratio was 9.9 to 1, below the maximum allowed by the jurisdictions with State Capital Requirements, and its policyholder position was $2.9 billion above the required MPP of $1.6 billion. The calculation of our risk-to-capital ratio and MPP reflect credit for the risk ceded under our QSR Transactions and Home Re Transactions with a group of unaffiliated reinsurers. It is possible that under the revised State Capital Requirements discussed below, MGIC will not be allowed full credit for the risk ceded to the reinsurers. If MGIC is not allowed an agreed level of credit under either the State Capital Requirements or the financial requirements of the PMIERs, MGIC may terminate the reinsurance transactions, without penalty. At this time, we expect MGIC to continue to comply with the current State Capital Requirements; however, matters that could negatively affect such compliance are discussed in the rest of these consolidated financial statement footnotes.

At September 30, 2019, the risk-to-capital ratio of our combined insurance operations was 9.8 to 1.

The NAIC has previously announced plans to revise the minimum capital and surplus requirements for mortgage insurers that are provided for in its Mortgage Guaranty Insurance Model Act. In May 2016, a working group of state regulators released an exposure draft of a risk-based capital framework to establish capital requirements for mortgage insurers, although no date has been established by which the NAIC must propose revisions to the capital requirements and certain items have not yet been completely addressed by the framework, including the treatment of ceded risk, minimum capital floors, and action level triggers. Currently, we believe that the PMIERs contain more restrictive capital requirements than the draft Mortgage Guaranty Insurance Model Act in most circumstances.

While MGIC currently meets the State Capital Requirements of Wisconsin and all other jurisdictions, it could be prevented from writing new business in the future in all jurisdictions if it fails to meet the State Capital Requirements of Wisconsin, or it could be prevented from writing new business in a particular jurisdiction if it fails to meet the State Capital Requirements of that jurisdiction, and in each case MGIC does not obtain a waiver of such requirements. It is possible that regulatory action by one
 
or more jurisdictions, including those that do not have specific State Capital Requirements, may prevent MGIC from continuing to write new insurance in such jurisdictions.

If we are unable to write business in a particular jurisdiction, lenders may be unwilling to procure insurance from us anywhere. In addition, a lender’s assessment of the future ability of our insurance operations to meet the State Capital Requirements or the PMIERs may affect its willingness to procure insurance from us. A possible future failure by MGIC to meet the State Capital Requirements or the PMIERs will not necessarily mean that MGIC lacks sufficient resources to pay claims on its insurance liabilities. While we believe MGIC has sufficient claims paying resources to meet its claim obligations on its insurance in force on a timely basis, matters that could negatively affect MGIC’s claims paying resources are discussed in the rest of these consolidated financial statement footnotes.

Tax and Loss Bonds
As a mortgage guaranty insurer, we are eligible for a tax deduction, subject to certain limitations, under Section 832(e) of the IRC for amounts required by state law or regulation to be set aside in statutory contingency reserves. The deduction is allowed only to the extent that we purchase tax and loss bonds (“T&L Bonds”) in an amount equal to the tax benefit derived from deducting any portion of our statutory contingency reserves. During the nine months ended September 30, 2019, we had net purchases of T&L Bonds in the amount of $126 million. Under statutory accounting practices, purchases of T&L Bonds are accounted for as investments. Under GAAP, purchases of T&L Bonds are accounted for as a payment of current taxes.

Dividend restrictions
In each of the first three quarters of 2019, MGIC paid a $70 million dividend to our holding company. MGIC is subject to statutory regulations as to payment of dividends. The maximum amount of dividends that MGIC may pay in any twelve-month period without such dividends being subject to regulatory disapproval by the OCI is the lesser of adjusted statutory net income or 10% of statutory policyholders’ surplus as of the preceding calendar year end. Adjusted statutory net income is defined for this purpose to be the greater of statutory net income, net of realized investment gains, for the calendar year preceding the date of the dividend or statutory net income, net of realized investment gains, for the three calendar years preceding the date of the dividend less dividends paid within the first two of the preceding three calendar years. The OCI recognizes only statutory accounting principles prescribed, or practices permitted by the State of Wisconsin for determining and reporting the financial condition and results of operations of an insurance company. The OCI has adopted certain prescribed accounting practices that differ from those found in other states. Specifically, Wisconsin domiciled companies record changes in their contingency reserves through their income statement as a change in underwriting deduction. As a result, in periods in which MGIC is increasing contingency reserves, statutory net income is lowered.


MGIC Investment Corporation - Q3 2019 | 29


Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Introduction
The following is management’s discussion and analysis of the financial condition and results of operations of MGIC Investment Corporation for the third quarter of 2019. As used below, “we” and “our” refer to MGIC Investment Corporation’s consolidated operations. This form 10-Q should be read in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the year ended December 31, 2018. See the “Glossary of terms and acronyms” for definitions and descriptions of terms used throughout this MD&A. The Risk Factors referred to under “Forward Looking Statements and Risk Factors” below, discuss trends and uncertainties affecting us and are an integral part of the MD&A.

 
Forward Looking and Other Statements
As discussed under “Forward Looking Statements and Risk Factors” below, actual results may differ materially from the results contemplated by forward looking statements. We are not undertaking any obligation to update any forward looking statements or other statements we may make in the following discussion or elsewhere in this document even though these statements may be affected by events or circumstances occurring after the forward looking statements or other statements were made. Therefore, no reader of this document should rely on these statements being current as of any time other than the time at which this document was filed with the Securities and Exchange Commission.




MGIC Investment Corporation - Q3 2019 | 30


Overview
Summary financial results of MGIC Investment Corporation
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In millions, except per share data, unaudited)
 
2019
 
2018
 
% Change
 
2019
 
2018
 
% Change
Selected statement of operations data
 
 
 
 
 
 
 
 
 
 
 
 
Total revenues
 
$
318.4

 
$
290.4

 
10

 
$
902.4

 
$
838.2

 
8

Losses incurred, net
 
34.0

 
(1.5
)
 
N/M

 
94.9

 
8.9

 
N/M

Other underwriting and operating expenses, net
 
45.2

 
43.7

 
3

 
134.1

 
131.6

 
2

Income before tax
 
223.1

 
231.9

 
(4
)
 
625.3

 
649.4

 
(4
)
Provision for income taxes
 
46.2

 
50.0

 
(8
)
 
128.6

 
137.1

 
(6
)
Net income
 
176.9

 
181.9

 
(3
)
 
496.7

 
512.4

 
(3
)
Diluted income per share
 
$
0.49

 
$
0.49

 

 
$
1.36

 
$
1.36

 

 
 
 
 
 
 
 
 
 
 
 
 
 
Non-GAAP Financial Measures (1)
 
 
 
 
 
 
Adjusted pre-tax operating income
 
$
218.9

 
$
230.8

 
(5
)
 
$
621.5

 
$
650.6

 
(4
)
Adjusted net operating income
 
173.6

 
180.9

 
(4
)
 
493.7

 
514.7

 
(4
)
Adjusted net operating income per diluted share
 
$
0.48

 
$
0.48

 

 
$
1.35

 
$
1.36

 
(1
)

Summary of third quarter 2019 results
Comparative quarterly results
We recorded third quarter 2019 net income of $176.9 million, or $0.49 per diluted share. Net income decreased by $5.0 million (3%) from net income of $181.9 million in the prior year, primarily reflecting an increase in losses incurred, net, partially offset by an increase in revenues and a decrease in our provision for income taxes. Diluted income per share was unchanged as a decrease in our weighted average shares outstanding offset the decline in net income.

Adjusted net operating income for the third quarter 2019 was $173.6 million (Q3 2018: $180.9 million) and adjusted net operating income per diluted share was $0.48 (Q3 2018: $0.48). Adjusted net operating income per diluted share was unchanged from the prior year period as a decrease in our diluted weighted average shares outstanding offset the decline in adjusted net operating income.

Losses incurred, net for the third quarter of 2019 were $34.0 million, an increase of $35.5 million compared to the prior year. The increase was primarily due to a lower level of favorable loss reserve development on previously received delinquencies when compared to the prior year. The estimated claim rate on new notices in the third quarter of 2019 was 8%, compared to 9% in the prior year.

The decrease in our provision for income taxes in the third quarter of 2019 as compared to the prior year was due to a decrease in income before tax and a lower effective tax rate.


 
Comparative year to date results
We recorded net income of $496.7 million, or $1.36 per diluted share during the first nine months of 2019. Net income decreased by $15.7 million from net income of $512.4 million in the prior year, primarily reflecting an increase in losses incurred, net, partially offset by an increase in revenues and a decrease in our provision for income taxes. Diluted income per share was the same as the prior year as a decrease in our diluted weighted average shares outstanding offset the decline in net income.
 
Adjusted net operating income for the first nine months of 2019 was $493.7 million (YTD 2018: $514.7 million) and adjusted net operating income per diluted share was $1.35 (YTD 2018: $1.36). Adjusted net operating income per diluted share was comparable to the prior year as a decrease in our diluted weighted average shares outstanding partially offset the decline in adjusted net operating income.

Losses incurred, net for the first nine months of 2019 were $94.9 million, an increase of $86.0 million over the prior year. The increase was due to a lower level of favorable loss reserve development on previously received delinquencies and the recognition of a probable loss of $23.5 million for litigation of our claims paying practices during the first quarter of 2019. The increase was offset in part by lower current year losses incurred as the estimated claim rate on new notices in the first nine months of 2019 was 8%, compared to 9% in the prior year.

The decrease in our provision for income taxes in the first nine months of 2019 as compared to the prior year was primarily due to a decrease in income before tax.

See “Consolidated Results of Operations” below for additional discussion of our results for the three and nine months ended September 30, 2019 compared to the respective prior year periods.


MGIC Investment Corporation - Q3 2019 | 31


Capital
MGIC dividend payments to our holding company
In the first nine months of 2019, MGIC paid a total of $210 million in dividends to our holding company. We expect MGIC to pay dividends of at least $280 million in 2020, subject to approval by MGIC’s Board of Directors. We ask the OCI not to object before MGIC pays dividends.

Share repurchase programs
In the first three quarters of 2019, we repurchased approximately 7.3 million shares of our common stock, using approximately $94 million of holding company resources. We may repurchase up to an additional $131 million of our common stock through the end of 2020 under a share repurchase program approved by our Board of Directors in the first quarter of 2019. Repurchases may be made from time to time on the open market or through privately negotiated transactions. The repurchase programs may be suspended for periods or discontinued at any time. As of September 30, 2019, we had approximately 349 million shares of common stock outstanding.

Dividends to shareholders
In September 2019, MGIC paid a dividend of $0.06 per common share totaling $21 million to its shareholders. On October 24, 2019, our Board of Directors declared a quarterly cash dividend of $0.06 per common share to shareholders of record on November 11, 2019, payable on November 25, 2019.

GSEs
We must comply with the PMIERs to be eligible to insure loans delivered to or purchased by the GSEs. In addition to their financial requirements, the PMIERs include business, quality control and certain transaction approval requirements. Refer to “Liquidity and Capital Resources - Capital Adequacy - PMIERs” of this MD&A for additional information regarding our capital adequacy under PMIERs.

If MGIC ceases to be eligible to insure loans purchased by one or both of the GSEs, it would significantly reduce the volume of our new business writings. Factors that may negatively impact MGIC’s ability to continue to comply with the financial requirements of the PMIERs include the following:
è
The GSEs may amend the PMIERs at any time and may make the PMIERs more onerous in the future. The GSEs have indicated that there may be potential future implications for PMIERs based upon feedback the FHFA receives on its June 2018 proposed rule on regulatory capital requirements for the GSEs, which included a framework for determining the capital relief allowed to the GSEs for loans with private mortgage insurance. The FHFA recently indicated that the capital requirements will be finalized no earlier than the end of 2019 and may not be finalized until Spring 2020. Further, any changes to the GSEs' capital and liquidity requirements resulting from the Treasury Housing Reform Plan (discussed below) could have future implications for PMIERs. In addition, the PMIERs provide that the factors that determine Minimum Required Assets will be updated every two years and may be updated more frequently to reflect changes in macroeconomic conditions or loan performance. The GSEs have indicated that they will generally provide notice 180 days prior to the effective date of such updates.
è
Our future operating results may be negatively impacted by the matters discussed in our risk factors. Such matters could decrease our revenues, increase our losses or require the use of assets, thereby creating a shortfall in Available Assets.
 
è
Should capital be needed by MGIC in the future, capital contributions from our holding company may not be available due to competing demands on holding company resources, including for repayment of debt.

While on an overall basis, the amount of Available Assets MGIC must hold in order to continue to insure GSE loans is greater under the PMIERs than what state regulation currently requires, our reinsurance transactions mitigate the negative effect of the PMIERs on our returns. However, reinsurance may not always be available to us or available on similar terms and our quota share reinsurance subjects us to counterparty credit risk. The total credit for risk ceded under our reinsurance transactions is subject to a modest reduction. Our existing reinsurance transactions are subject to periodic review by the GSEs and there is a risk we will not receive our current level of credit in future periods for the risk ceded under them. In addition, we may not receive the same level of credit under future transactions that we receive under existing transactions.

State Regulations
The insurance laws of 16 jurisdictions, including Wisconsin, MGIC’s domiciliary state, require a mortgage insurer to maintain a minimum amount of statutory capital relative to its net RIF (or a similar measure) in order for the mortgage insurer to continue to write new business. We refer to these requirements as the “State Capital Requirements.” While they vary among jurisdictions, the most common State Capital Requirements allow for a maximum risk-to-capital ratio of 25 to 1. A risk-to-capital ratio will increase if (i) the percentage decrease in capital exceeds the percentage decrease in insured risk, or (ii) the percentage increase in capital is less than the percentage increase in insured risk. Wisconsin does not regulate capital by using a risk-to-capital measure but instead requires an MPP.

At September 30, 2019, MGIC’s risk-to-capital ratio was 9.9 to 1, below the maximum allowed by the jurisdictions with State Capital Requirements, and its policyholder position was $2.9 billion above the required MPP of $1.6 billion. The calculation of our risk-to-capital ratio and MPP reflect credit for the risk ceded under our QSR Transactions and Home Re Transactions. It is possible that under the revised State Capital Requirements discussed below, MGIC will not be allowed full credit for the risk ceded to the reinsurers. If MGIC is not allowed an agreed level of credit under either the State Capital Requirements or the PMIERs, MGIC may terminate the reinsurance transactions, without penalty. At this time, we expect MGIC to continue to comply with the current State Capital Requirements; however, refer to our risk factor titled “State capital requirements may prevent us from continuing to write new insurance on an uninterrupted basis” for more information about matters that could negatively affect such compliance.

At September 30, 2019, the risk-to-capital ratio of our combined insurance operations was 9.8 to 1.

The NAIC has previously announced plans to revise the minimum capital and surplus requirements for mortgage insurers that are provided for in its Mortgage Guaranty Insurance Model Act. In May 2016, a working group of state regulators released an exposure draft of a risk-based capital framework to establish capital requirements for mortgage insurers, although no date has been established by which the NAIC must propose revisions


MGIC Investment Corporation - Q3 2019 | 32


to the capital requirements and certain items have not yet been completely addressed by the framework, including the treatment of ceded risk, minimum capital floors, and action level triggers. Currently we believe that the PMIERs contain more restrictive capital requirements than the draft Mortgage Guaranty Insurance Model Act in most circumstances.

GSE reform
The FHFA has been the conservator of the GSEs since 2008 and has the authority to control and direct their operations. The increased role that the federal government has assumed in the residential housing finance system through the GSE conservatorship may increase the likelihood that the business practices of the GSEs change, including through administrative action, in ways that have a material adverse effect on us and that the charters of the GSEs are changed by new federal legislation.

In September 2019, at the direction of President Trump, the U.S. Treasury Department (“Treasury”) released the “Treasury Housing Reform Plan” (the “Plan”). The Plan recommends administrative and legislative reforms for the housing finance system, with such reforms intended to achieve the goals of ending conservatorships of the GSEs; increasing competition and participation by the private sector in the mortgage market including by authorizing the FHFA to approve additional guarantors of conventional mortgages in the secondary market, simplifying the QM rule of the CFPB, transferring risk to the private sector, and eliminating the GSE Patch (discussed below); establishing regulation of the GSEs that safeguards their safety and soundness and minimizes the risks they pose to the financial stability of the United States; and providing that the Federal Government is properly compensated for any explicit or implicit support it provides to the GSEs or the secondary housing finance market. Also, in September 2019, the Treasury and FHFA entered into a letter agreement that will allow the GSEs to remit less of their earnings to the government, which will help them rebuild their capital.

The impact of the Plan on private mortgage insurance is unclear. It does not refer to mortgage insurance explicitly; however, it refers to a requirement for credit enhancement on high LTV loans, which is a requirement of the current GSE charters. The Plan also indicates that the FHFA should continue to support efforts to expand CRT programs and should encourage the GSEs to continue to engage in a diverse mix of economically sensible CRT programs, including by increasing reliance on institution-level capital (presumably, as distinguished from capital obtained in the capital markets). For more information about CRT programs, see our risk factor titled "The amount of insurance we write could be adversely affected if lenders and investors select alternatives to private mortgage insurance."

The current GSE Patch expands the definition of QM under the TILA (Regulation Z) to include mortgages eligible to be purchased by the GSEs, even if the mortgages do not meet the DTI ratio limit of 43% included in the standard QM definition.

The GSE Patch is scheduled to expire no later than January 2021. In July 2019, the CFPB released an Advanced Notice of Proposed Rulemaking on the QM definition. The director of the CFPB indicated that the CFPB would consider only a short-term extension of the GSE Patch. Approximately 30%, 24% and 22% of our NIW in the first, second and third quarters of 2019, respectively, was on loans with DTI ratios greater than 43%.
 
However, it is possible that not all future loans with DTI ratios greater than 43% will be affected by a sunset of the GSE Patch, in part because the standard QM definition may be liberalized under the new rules. In this regard, we note that the CFPB asked for comment about whether the definition of QM should retain a direct measure of a consumer’s personal finances (for example, DTI ratio); whether the definition should include an alternative method for assessing financial capacity; whether, if the QM definition retains a DTI ratio limit, the limit should remain 43% or be increased or decreased; and whether loans with DTI ratios above a prescribed limit should be given QM status if certain compensating factors are present. In addition, the Plan indicates that, pending legislation, the GSE Patch should expire; the CFPB should amend its ability-to-repay rule under TILA (“ATR rule”) to establish a clear bright line safe harbor that replaces the GSE Patch; and the FHFA and the CFPB should continue to coordinate their efforts to avoid market disruption in connection with the expiration of the GSE Patch and the implementation of any amendments to the CFPB’s ATR rule.

We may insure loans that do not qualify as QMs, however, we are unsure the extent to which lenders will make non-QM loans because they will not be entitled to the presumptions about compliance with the “ability to repay” rules that the law allows with respect to QM loans. We are also unsure the extent to which lenders will purchase private mortgage insurance for loans that cannot be sold to the GSEs.
The rule that includes the QM definition that applies to loans insured by the FHA was issued by the Department of Housing and Urban Development (“HUD”) and that definition is less restrictive than the CFPB’s definition in certain respects, including that (i) it has no DTI ratio limit, and (ii) it allows the lender certain presumptions about compliance with the ATR rule on higher priced loans. It is possible that, in the future, lenders will prefer FHA-insured loans to loans insured by private mortgage insurance as a result of the FHA’s less restrictive QM definition.

However, in September 2019, HUD released its Housing Reform Plan and indicated that of the FHA should refocus on its mission of providing housing finance support to low and moderate-income families that cannot be fulfilled through traditional underwriting. In addition, Treasury’s Plan indicated that the FHFA and HUD should develop and implement a specific understanding as to the appropriate roles and overlap between the GSEs and FHA, including with respect to the GSEs’ acquisitions of high LTV and high DTI loans.

For additional information about the business practices of the GSEs, see our risk factor titled “Changes in the business practices of the GSEs, federal legislation that changes their charters or a restructuring of the GSEs could reduce our revenues or increase our losses.”



MGIC Investment Corporation - Q3 2019 | 33


Factors affecting our results
Our results of operations are affected by:

Premiums written and earned
Premiums written and earned in a year are influenced by:
NIW, which increases IIF. Many factors affect NIW, including the volume of low down payment home mortgage originations and competition to provide credit enhancement on those mortgages from the FHA, the VA, other mortgage insurers, and other alternatives to mortgage insurance, including GSE programs that may reduce or eliminate the demand for mortgage insurance. NIW does not include loans previously insured by us that are modified, such as loans modified under HARP.

Cancellations, which reduce IIF. Cancellations due to refinancings are affected by the level of current mortgage interest rates compared to the mortgage coupon rates throughout the in force book, current home values compared to values when the loans in the in force book were insured and the terms on which mortgage credit is available. Home price appreciation can give homeowners the right to cancel mortgage insurance on their loans if sufficient home equity is achieved. Cancellations also result from policy rescissions, which require us to return any premiums received on the rescinded policies and claim payments, which require us to return any premium received on the related policies from the date of default on the insured loans. Cancellations of single premium policies, which are generally non-refundable, result in immediate recognition of any remaining unearned premium.

Premium rates, which are affected by product type, competitive pressures, the risk characteristics of the insured loans, the percentage of coverage on the insured loans, and PMIERs capital requirements. The substantial majority of our monthly and annual mortgage insurance premiums are under premium plans for which, for the first ten years of the policy, the amount of premium is determined by multiplying the initial premium rate by the original loan balance; thereafter, the premium rate resets to a lower rate used for the remaining life of the policy. However, for loans that have utilized HARP, the initial ten-year period resets as of the date of the HARP transaction. The remainder of our monthly and annual premiums are under premium plans for which premiums are determined by a fixed percentage of the loan’s amortizing balance over the life of the policy.

Premiums ceded, net of a profit commission, under our QSR Transactions, and premiums ceded under our Home Re Transactions. See Note 4 - “Reinsurance” to our consolidated financial statements for a discussion of our reinsurance transactions.

Premiums are generated by the insurance that is in force during all or a portion of the period. A change in the average IIF in the current period compared to an earlier period is a factor that will increase (when the average in force is higher) or reduce (when it is lower) premiums written and earned in the current period, although this effect may be enhanced (or mitigated) by differences in the average premium rate between the two periods as well as by premiums that are returned or expected to be returned in connection with claim payments and rescissions, and premiums ceded under reinsurance agreements. Also, NIW and
 
cancellations during a period will generally have a greater effect on premiums written and earned in subsequent periods than in the period in which these events occur.

Investment income
Our investment portfolio is composed principally of investment grade fixed income securities. The principal factors that influence investment income are the size of the portfolio and its yield. As measured by amortized cost (which excludes changes in fair value, such as from changes in interest rates), the size of the investment portfolio is mainly a function of cash generated from (or used in) operations, such as NPW, investment income, net claim payments and expenses, and cash provided by (or used for) non-operating activities, such as debt, stock issuances or repurchases, or dividends.

Losses incurred
Losses incurred are the current expense that reflects estimated payments that will ultimately be made as a result of delinquencies on insured loans. As explained under “Critical Accounting Policies” in our 2018 10-K MD&A, except in the case of a premium deficiency reserve, we recognize an estimate of this expense only for delinquent loans. The level of new delinquencies has historically followed a seasonal pattern, with new delinquencies in the first part of the year lower than new delinquencies in the latter part of the year, though this pattern can be affected by the state of the economy and local housing markets. Losses incurred are generally affected by:

The state of the economy, including unemployment and housing values, each of which affects the likelihood that loans will become delinquent and whether loans that are delinquent cure their delinquency.

The product mix of the in force book, with loans having higher risk characteristics generally resulting in higher delinquencies and claims.

The size of loans insured, with higher average loan amounts tending to increase losses incurred.

The percentage of coverage on insured loans, with deeper average coverage tending to increase losses incurred.

The rate at which we rescind policies or curtail claims. Our estimated loss reserves incorporate our estimates of future rescissions of policies and curtailments of claims, and reversals of rescissions and curtailments. We collectively refer to rescissions and denials as “rescissions” and variations of this term. We call reductions to claims “curtailments.”

The distribution of claims over the life of a book. Historically, the first few years after loans are originated are a period of relatively low claims, with claims increasing substantially for several years subsequent and then declining, although persistency, the condition of the economy, including unemployment and housing prices, and other factors can affect this pattern. For example, a weak economy or housing value declines can lead to claims from older books increasing, continuing at stable levels or experiencing a


MGIC Investment Corporation - Q3 2019 | 34


lower rate of decline. See further information under “Mortgage insurance earnings and cash flow cycle” below.

Losses ceded under reinsurance transactions. See Note 4 - “Reinsurance” to our consolidated financial statements for a discussion of our reinsurance transactions.

Underwriting and other expenses
Underwriting and other expenses includes items such as employee compensation, fees for professional services, depreciation and maintenance expense, and premium taxes, and are reported net of ceding commissions associated with our reinsurance transactions. Employee compensation expenses are variable due to share-based compensation, changes in benefits, and headcount (which can fluctuate due to volume). See Note 4 - “Reinsurance” to our consolidated financial statements for a discussion of our reinsurance transactions.

Interest expense
Interest expense primarily reflects the interest associated with our outstanding debt obligations discussed in Note 3 - “Debt” to our consolidated financial statements and under “Liquidity and Capital Resources” below.
Other
Certain activities that we do not consider part of our fundamental operating activities may also impact our results of operations and include the following.
Net realized investment gains (losses)
Fixed income securities. Realized investment gains and losses are a function of the difference between the amount received on the sale of a fixed income security and the fixed income security’s cost basis, as well as any “other than temporary” impairments (“OTTI”) recognized in earnings. The amount received on the sale of fixed income securities is affected by the coupon rate of the security compared to the yield of comparable securities at the time of sale.

Equity securities. Realized investment gains and losses are a function of the periodic change in fair value, as well as any OTTI recognized in earnings.

Refer to “Explanation and reconciliation of our use of Non-GAAP financial measures” below to understand how these items impact our evaluation of our core financial performance.

Mortgage insurance earnings and cash flow cycle
 
In general, the majority of any underwriting profit that a book generates occurs in the early years of the book, with the largest portion of any underwriting profit realized in the first year following the year the book was written. Subsequent years of a book may result in either underwriting profit or underwriting losses. This pattern of results typically occurs because relatively few of the incurred losses on delinquencies that a book will ultimately experience typically occur in the first few years of the book, when premium revenue is highest, while subsequent years are affected by declining premium revenues, as the number of insured loans decreases (primarily due to loan prepayments) and increasing losses. The typical pattern is also a function of premium rates generally resetting to lower levels after ten years.


MGIC Investment Corporation - Q3 2019 | 35


Explanation and reconciliation of our use of non-GAAP financial measures

Non-GAAP financial measures
We believe that use of the Non-GAAP measures of adjusted pre-tax operating income (loss), adjusted net operating income (loss) and adjusted net operating income (loss) per diluted share facilitate the evaluation of the company's core financial performance thereby providing relevant information to investors. These measures are not recognized in accordance with GAAP and should not be viewed as alternatives to GAAP measures of performance.

Adjusted pre-tax operating income (loss) is defined as GAAP income (loss) before tax, excluding the effects of net realized investment gains (losses), gain (loss) on debt extinguishment, net impairment losses recognized in income (loss) and infrequent or unusual non-operating items where applicable.
    
Adjusted net operating income (loss) is defined as GAAP net income (loss) excluding the after-tax effects of net realized investment gains (losses), gain (loss) on debt extinguishment, net impairment losses recognized in income (loss), and infrequent or unusual non-operating items where applicable. The amounts of adjustments to components of pre-tax operating income (loss) are tax effected using a federal statutory tax rate of 21%.
    
Adjusted net operating income (loss) per diluted share is calculated in a manner consistent with the accounting standard regarding earnings per share by dividing (i) adjusted net operating income (loss) after making adjustments for interest expense on convertible debt, whenever the impact is dilutive by (ii) diluted weighted average common shares outstanding, which reflects share dilution from unvested restricted stock units and from convertible debt when dilutive under the “if-converted” method.

 
Although adjusted pre-tax operating income (loss) and adjusted net operating income (loss) exclude certain items that have occurred in the past and are expected to occur in the future, the excluded items represent items that are: (1) not viewed as part of the operating performance of our primary activities; or (2) impacted by both discretionary and other economic or regulatory factors and are not necessarily indicative of operating trends, or both. These adjustments, along with the reasons for their treatment, are described below. Trends in the profitability of our fundamental operating activities can be more clearly identified without the fluctuations of these adjustments. Other companies may calculate these measures differently. Therefore, their measures may not be comparable to those used by us.

(1)
Net realized investment gains (losses). The recognition of net realized investment gains or losses can vary significantly across periods as the timing of individual securities sales is highly discretionary and is influenced by such factors as market opportunities, our tax and capital profile, and overall market cycles.
(2)
Gains and losses on debt extinguishment. Gains and losses on debt extinguishment result from discretionary activities that are undertaken to enhance our capital position, improve our debt profile, and/or reduce potential dilution from our outstanding convertible debt.
(3)
Net impairment losses recognized in earnings. The recognition of net impairment losses on investments can vary significantly in both size and timing, depending on market credit cycles, individual issuer performance, and general economic conditions.
(4)
Infrequent or unusual non-operating items. Income tax expense in 2018 related to our IRS dispute is related to past transactions which are non-recurring in nature and are not part of our primary operating activities.







MGIC Investment Corporation - Q3 2019 | 36


Non-GAAP reconciliations
 
 
Reconciliation of Income before tax / Net income to Adjusted pre-tax operating income / Adjusted net operating income
 
 
 
Three Months Ended September 30,
 
 
 
2019
 
2018
 
(In thousands, except per share amounts)
 
Pre-tax
 
Tax effect
 
Net
(after-tax)
 
Pre-tax
 
Tax effect
 
Net
(after-tax)
 
Income before tax / Net income
 
$
223,120

 
$
46,186

 
$
176,934

 
$
231,894

 
$
49,994

 
$
181,900

 
Adjustments:
 
 
 
 
 
 
 
 
 
 
 
 
 
Additional income tax benefit (provision) related to IRS litigation
 

 

 

 

 
154

 
(154
)
 
Net realized investment (gains) losses
 
(4,175
)
 
(877
)
 
(3,298
)
 
(1,114
)
 
(234
)
 
(880
)
 
Adjusted pre-tax operating income / Adjusted net operating income
 
$
218,945

 
$
45,309

 
$
173,636

 
$
230,780

 
$
49,914

 
$
180,866

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Reconciliation of Net income per diluted share to Adjusted net operating income per diluted share
 
Weighted average diluted shares outstanding
 
 
 
 
 
372,575

 
 
 
 
 
382,905

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income per diluted share
 
 
 
 
 
$
0.49

 
 
 
 
 
$
0.49

 
Additional income tax (benefit) provision related to IRS litigation
 
 
 
 
 

 
 
 
 
 

(1) 
Net realized investment (gains) losses
 
 
 
 
 
(0.01
)
 
 
 
 
 

(1) 
Adjusted net operating income per diluted share
 
 
 
 
 
$
0.48

 
 
 
 
 
$
0.48

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1) For the three months ended September 30, 2018, the individual adjustments are each less than $0.01 per diluted share, but collectively aggregate to $0.01 per diluted share.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Reconciliation of Income before tax / Net income to Adjusted pre-tax operating income / Adjusted net operating income
 
 
 
Nine Months Ended September 30,
 
 
 
2019
 
2018
 
(In thousands, except per share amounts)
 
Pre-tax
 
Tax effect
 
Net
(after-tax)
 
Pre-tax
 
Tax effect
 
Net
(after-tax)
 
Income before tax / Net income
 
$
625,267

 
$
128,614

 
$
496,653

 
$
649,441

 
$
137,090

 
$
512,351

 
Adjustments:
 
 
 
 
 
 
 
 
 
 
 
 
 
Additional income tax benefit (provision) related to IRS litigation
 

 

 

 

 
(1,477
)
 
1,477

 
Net realized investment (gains) losses
 
(3,772
)
 
(792
)
 
(2,980
)
 
1,112

 
234

 
878

 
Adjusted pre-tax operating income / Adjusted net operating income
 
$
621,495

 
$
127,822

 
$
493,673

 
$
650,553

 
$
135,847

 
$
514,706

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Reconciliation of Net income per diluted share to Adjusted net operating income per diluted share
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average diluted shares outstanding
 
 
 
 
 
375,266

 
 
 
 
 
387,765

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income per diluted share
 
 
 
 
 
$
1.36

 
 
 
 
 
$
1.36

 
Additional income tax (benefit) provision related to IRS litigation
 
 
 
 
 

 
 
 
 
 

 
Net realized investment (gains) losses
 
 
 
 
 
(0.01
)
 
 
 
 
 

 
Adjusted net operating income per diluted share
 
 
 
 
 
$
1.35

 
 
 
 
 
$
1.36

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


MGIC Investment Corporation - Q3 2019 | 37


Mortgage Insurance Portfolio

New insurance written
According to Inside Mortgage Finance and GSE estimates, total mortgage originations for the third quarter and first nine months of 2019, on average, are estimated to have increased from the respective prior year periods. The total amount of mortgage originations is generally influenced by the level of new and existing home sales, the percentage of homes purchased for cash, and the level of refinance activity. PMI market share of total mortgage originations is influenced by the mix of purchase and refinance originations as PMI market share is 3-4 times higher for purchase originations than refinance originations. PMI market share is also impacted by the market share of total originations of the FHA, VA, USDA, and other alternatives to mortgage insurance, including GSE programs that may reduce or eliminate the demand for mortgage insurance.

NIW for the third quarter of 2019 was $19.1 billion (Q3 2018: $14.5 billion) and for the first nine months of 2019 was $44.1 billion (YTD 2018: $38.3 billion).

The following tables present characteristics of our primary NIW for the three and nine months ended September 30, 2019 and 2018.
Primary NIW by FICO score
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(% of primary NIW)
 
2019
 
2018
 
2019
 
2018
760 and greater
 
46.0
%
 
42.1
%
 
44.3
%
 
42.3
%
740 - 759
 
18.7
%
 
17.0
%
 
18.1
%
 
17.2
%
720 - 739
 
13.7
%
 
14.4
%
 
13.8
%
 
14.6
%
700 - 719
 
10.3
%
 
12.2
%
 
11.1
%
 
11.9
%
680 - 699
 
6.8
%
 
7.2
%
 
7.1
%
 
7.2
%
660 - 679
 
2.5
%
 
3.8
%
 
3.1
%
 
3.7
%
640 - 659
 
1.4
%
 
2.3
%
 
1.7
%
 
2.2
%
639 and less
 
0.6
%
 
1.0
%
 
0.8
%
 
1.0
%
Primary NIW by loan-to-value
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(% of primary NIW)
 
2019
 
2018
 
2019
 
2018
95.01% and above
 
12.3
%
 
17.4
%
 
14.8
%
 
15.5
%
90.01% to 95.00%
 
43.6
%
 
43.1
%
 
43.1
%
 
43.7
%
85.01% to 90.00%
 
29.7
%
 
28.4
%
 
28.8
%
 
28.7
%
80.01% to 85%
 
14.4
%
 
11.1
%
 
13.3
%
 
12.1
%
 
Primary NIW by debt-to-income ratio (1)
 
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(% of primary NIW)
 
2019
 
2018
 
2019
 
2018
45.01% and above
 
12.3
%
 
19.5
%
 
14.6
%
 
19.7
%
38.01% to 45.00%
 
32.8
%
 
33.7
%
 
32.8
%
 
32.5
%
38.00% and below
 
54.9
%
 
46.8
%
 
52.6
%
 
47.8
%
(1) 
In 2018, we started considering DTI ratios when setting our premium rates, and we changed our methodology for calculating DTI ratios for pricing and eligibility purposes to exclude the impact of mortgage insurance premiums. As a result of this change, loan originators may have changed the information they provide to us. Although we have changed our operational procedures to account for this, we cannot be sure that the DTI ratio we report for each loan beginning in late 2018 includes the related mortgage insurance premiums in the calculation.

The percentage of our NIW on loans with DTI ratios greater than 45% has declined in 2019, which we believe is due in part to changes in GSE underwriting guidelines and our pricing for loans with such DTI ratios. We are continuing to monitor our exposure to such loans and may take further action.
Primary NIW by policy payment type
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(% of primary NIW)
 
2019
 
2018
 
2019
 
2018
Monthly premiums
 
84.5
%
 
83.9
%
 
84.3
%
 
82.9
%
Single premiums
 
15.4
%
 
15.9
%
 
15.6
%
 
16.9
%
Annual premiums
 
0.1
%
 
0.2
%
 
0.1
%
 
0.2
%
Primary NIW by type of mortgage
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(% of primary NIW)
 
2019
 
2018
 
2019
 
2018
Purchases
 
79.8
%
 
95.2
%
 
85.7
%
 
92.9
%
Refinances
 
20.2
%
 
4.8
%
 
14.3
%
 
7.1
%

Insurance and risk in force
The amount of our IIF and RIF is impacted by the amount of NIW and cancellations of primary IIF during the period. Cancellation activity is primarily due to refinancing activity, but is also impacted by rescissions, cancellations due to claim payment, and policies cancelled when borrowers achieve the required amount of home equity. Refinancing activity has historically been affected by the level of mortgage interest rates and the level of home price appreciation. Cancellations generally move inversely to the change in the direction of interest rates, although they generally lag a change in direction.

Persistency. Our persistency was 78.6% at September 30, 2019 compared to 81.7% at December 31, 2018 and 81.0% at September 30, 2018. Since 2000, our year-end persistency ranged from a high of 84.7% at December 31, 2009 to a low of 47.1% at December 31, 2003.


MGIC Investment Corporation - Q3 2019 | 38


IIF and RIF
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In billions)
 
2019
 
2018
 
2019
 
2018
NIW
 
$
19.1

 
$
14.5

 
$
44.1

 
$
38.3

Cancellations
 
(14.9
)
 
(9.4
)
 
(35.7
)
 
(27.4
)
Increase in primary IIF
 
$
4.2

 
$
5.1

 
$
8.4

 
$
10.9

 
 
 
 
 
 
 
 
 
(In billions)
 
2019
 
2018
 
 
 
 
Direct primary IIF as of September 30,
 
$
218.1

 
$
205.8

 
 
 
 
Direct primary RIF as of September 30,
 
$
56.2

 
$
53.1

 
 
 
 

Credit profile of our primary RIF
The proportion of our total primary RIF written after 2008 has been steadily increasing in proportion to our total primary RIF. Our 2009 and later books possess significantly improved risk characteristics when compared to our 2005-2008 origination years. The credit profile of our pre-2009 RIF has benefited from modification and refinance programs making outstanding loans more affordable to borrowers with the goal of reducing the number of foreclosures. These programs included HAMP and HARP, which expired at the end of 2016 and 2018, respectively, but have been replaced by other GSE modification programs. HARP allowed borrowers who were not delinquent, but who may not otherwise have been able to refinance their loans under the current GSE underwriting standards due to, for example, the current LTV exceeding 100%, to refinance and lower their note rate.

As shown in the following table, as of September 30, 2019 approximately 11% of our primary RIF has been modified.
Modifications
Policy year
 
HARP Modifications (1)
 
HAMP & Other Modifications
2003 and prior
 
9.4
%
 
47.3
%
2004
 
 
16.9
%
 
52.1
%
2005
 
 
25.0
%
 
49.3
%
2006
 
 
28.3
%
 
46.4
%
2007
 
 
40.8
%
 
35.7
%
2008
 
 
57.9
%
 
22.1
%
2009
 
 
49.9
%
 
10.7
%
2010 - Q3 2019
 
%
 
0.5
%
 
 
 
 
 
 
Total
 
5.0
%
 
5.8
%
(1) 
Includes proprietary programs that are substantially the same as HARP.

As of September 30, 2019, based on loan count, the loans associated with 97.7% of HARP modifications and 80.0% of HAMP and other modifications were current.

We cannot determine the total benefit we may derive from loan modification programs, particularly given the uncertainty around the re-default rates for defaulted loans that have been modified. Our loss reserves do not account for potential re-defaults of current loans.



MGIC Investment Corporation - Q3 2019 | 39


The aggregate of our 2009-2019 books and our HARP modifications accounted for approximately 92% of our total primary RIF at September 30, 2019.
Primary RIF
($ in millions)
 
September 30, 2019
 
December 31, 2018
 
September 30, 2018
Policy Year
 
RIF
% of RIF
 
RIF
% of RIF
 
RIF
% of RIF
2009+
 
$
48,701

87
%
 
$
45,083

83
%
 
$
43,670

82
%
2005 - 2008 (HARP)
 
2,646

5
%
 
3,109

5
%
 
3,245

6
%
Other years (HARP)
 
119

%
 
229

1
%
 
246

1
%
Subtotal
 
51,466

92
%
 
48,421

89
%
 
47,161

89
%
2005- 2008 (Non-HARP)
 
4,025

7
%
 
4,796

9
%
 
5,011

9
%
Other years (Non-HARP)
 
736

1
%
 
846

2
%
 
892

2
%
Subtotal
 
4,761

8
%
 
5,642

11
%
 
5,903

11
%
Total Primary RIF
 
$
56,227

100
%
 
$
54,063

100
%
 
$
53,064

100
%

Pool and other insurance
MGIC has written no new pool insurance since 2008; however, for a variety of reasons, including responding to capital market alternatives to PMI and customer demands, MGIC may write pool risk in the future. Our direct pool risk in force was $387 million ($214 million on pool policies with aggregate loss limits and $173 million on pool policies without aggregate loss limits) at September 30, 2019 compared to $419 million ($228 million on pool policies with aggregate loss limits and $191 million on pool policies without aggregate loss limits) at December 31, 2018. If claim payments associated with a specific pool reach the aggregate loss limit, the remaining IIF within the pool would be cancelled and any remaining delinquencies under the pool would be removed from our delinquent inventory.

In connection with the GSEs' CRT programs, insurance subsidiaries of MGIC provide insurance and reinsurance covering portions of the credit risk related to certain reference pools of mortgages acquired by the GSEs. Our RIF, as reported to us, related to these programs was approximately $120 million as of September 30, 2019.


MGIC Investment Corporation - Q3 2019 | 40


Consolidated Results of Operations
The following section of the MD&A provides a comparative discussion of MGIC Investment Corporation’s Consolidated Results of Operations for the three and nine months ended September 30, 2019 and 2018.

Revenues
Revenues
 
 
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(in millions)
 
2019
 
2018
 
% Change
 
2019
 
2018
 
% Change
Net premiums written
 
$
259.4

 
$
251.9

 
3
 
$
747.3

 
$
744.2

 
 
 
 
 
 
 

 
 
 
 
 
 
Net premiums earned
 
$
267.9

 
$
250.4

 
7
 
$
764.7

 
$
729.5

 
5
Investment income, net of expenses
 
42.7

 
36.4

 
17
 
125.7

 
103.0

 
22
Net realized investment gains (losses)
 
4.2

 
1.1

 
N/M
 
4.0

 
(1.1
)
 
N/M
Other revenue
 
3.6

 
2.5

 
43
 
7.9

 
6.8

 
16
Total revenues
 
$
318.4

 
$
290.4

 
10
 
$
902.3

 
$
838.2

 
8
Net premiums written and earned
Comparative quarterly results
NPW and NPE increased for the three months ended September 30, 2019 compared with the prior year reflecting an increase in premiums from a higher average insurance in force and an increase in premiums from single premium policy cancellations, partially offset by lower premium rates on our insurance in force and higher ceded premiums when compared to the same period of the prior year. The increase in ceded premiums was due to premiums ceded under our Home Re Transactions.

Comparative year to date results
NPW increased slightly and NPE increased for the nine months ended September 30, 2019 when compared to the prior year period primarily reflecting an increase in premiums from higher average insurance in force and an increase in premiums from single premium policy cancellations, offset in part by an increase in ceded premiums and lower premium rates on our insurance in force. The increase in ceded premiums was due to premiums ceded under our Home Re Transactions, and a higher percentage of our IIF covered by quota share reinsurance.

See “Overview - Factors Affecting Our Results” above for additional factors that influenced the amount of net premiums written and earned during the periods.



MGIC Investment Corporation - Q3 2019 | 41


Premium yields
Net premium yield (NPE divided by average IIF) for the third quarter of 2019 was 49.6 basis points (Q3 2018: 49.3 basis points) and our net premium yield for the nine months ended September 30, 2019 was 47.8 basis points (YTD 2018: 48.9 basis points). Our net premium yield is influenced by a number of key drivers, which have a varying impact from period to period.

The following table presents the key drivers of our net premium yield for the three and nine months ended September 30, 2019 from the respective prior year periods.
Premium Yields
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(Basis points)
 
2019
 
2018
 
2019
 
2018
Inforce portfolio yield (1)
 
51.1

 
52.8

 
51.7

 
52.9

Single premium policy persistency
 
3.5

 
1.3

 
2.2

 
1.3

Total direct premium yield
 
54.6

 
54.1

 
53.9

 
54.2

Ceded premiums earned, net of profit commissions and assumed premiums (2)
 
(5.0
)
 
(4.8
)
 
(6.1
)
 
(5.3
)
Net premium yield
 
49.6

 
49.3

 
47.8

 
48.9

(1) 
Total direct premiums earned, excluding accelerated premiums from single premium policy cancellations.
(2) 
Ceded premiums earned, net of profit commissions and assumed premiums. Assumed premiums include our participation in GSE CRT programs, of which the impact on total revenues was immaterial.

Changes in our premium yields when compared to the respective prior year periods reflect the following:
Key Driver:
 
Explanation:
Direct premiums earned - inforce portfolio

(including premium refunds on cancellations and change in accrual)
 
è
 
A larger percentage of our IIF is from book years with lower premium rates due to a decline in premium rates in recent years resulting from pricing competition and insuring mortgages with lower risk characteristics, and certain policies undergoing premium rate resets on their ten-year anniversaries.
 
è
 
Premium refunds adversely impact our premium yield and are primarily driven by claim activity and our estimate of refundable premiums on our delinquent inventory.
Single premium policy persistency
 
è
 
Greater amounts of accelerated earned premium from cancellations of single premium policies prior to their estimated policy life, primarily due to increased refinancing activity.
Ceded premiums earned, net of profit commissions and assumed premiums
 
è
 
More of an adverse impact as the 2019 periods include ceded premiums under our excess-of-loss reinsurance transactions (Home Re Transactions), which were not in effect in the respective prior year periods.

We expect our net premium yield to continue to decline as older insurance policies with higher premium rates run off or have their premium rates reset, and new insurance policies with lower premium rates are written.



MGIC Investment Corporation - Q3 2019 | 42


Reinsurance agreements
Quota share reinsurance
Our quota share reinsurance affects various lines of our statements of operations and therefore we believe it should be analyzed by reviewing its total effect on our pre-tax income, described as follows.
è
 
We cede a fixed percentage of premiums on insurance covered by the agreements.
è
 
We receive the benefit of a profit commission through a reduction in the premiums we cede. The profit commission varies directly and inversely with the level of losses on a “dollar for dollar” basis and can be eliminated at loss levels significantly higher than we are currently experiencing. As a result, lower levels of losses result in a higher profit commission and less benefit from ceded losses; higher levels of losses result in more benefit from ceded losses and a lower profit commission (or for levels of losses we do not expect, its elimination).
è
 
We receive the benefit of a ceding commission through a reduction in underwriting expenses equal to 20% of premiums ceded (before the effect of the profit commission).
è
 
We cede a fixed percentage of losses incurred on insurance covered by the agreements.

Covered risk
The amount of our NIW subject to our QSR Transactions as shown in the following table will vary from period to period in part due to coverage limits that may be triggered depending on the mix of our risk written during the period. The 2019 QSR Transaction covering our 2019 NIW increased thresholds for risk written on loans with LTV ratios of 95% or greater and loans with DTI ratios greater than 45%, each when compared to our 2018 QSR Transaction. The NIW subject to quota share reinsurance increased for the nine months ended September 30, 2019 when compared to the same period of the prior year due to the increased threshold on risk written on loans with DTI ratios greater than 45% and a decrease in the percentage of our NIW with DTI ratios greater than 45%. In the first nine months of 2018, the risk written on loans with DTI ratios greater than 45% exceeded the threshold.

We terminated a portion of our 2015 QSR Transaction effective June 30, 2019 and entered into an amended quota share reinsurance agreement with certain participants from the existing reinsurance panel that effectively reduces the quota share cede rate from 30% to 15% on the remaining eligible insurance. The reduction in the cede rate resulted in a reduction to our ceded RIF but does not impact our determination of the amount of IIF subject to quota share reinsurance agreements. During the second quarter of 2019, we incurred a termination fee of $6.8 million, which was paid in July to participants of the reinsurance panel that are not participating in the amended 2015 QSR Transaction. Under the amended terms we will generally receive a profit commission provided that the loss ratio on the covered loans remains below 68%.

 

The following table provides information related to our quota share reinsurance agreements for 2019 and 2018.
Quota share reinsurance
 
 
As of and For the Nine Months Ended September 30,
($ in thousands, unless otherwise stated)
 
2019
 
2018
NIW subject to quota share reinsurance agreements
 
83
%
 
75
%
IIF subject to quota share reinsurance agreements
 
78
%
 
78
%
 
 
 
 
 
Statements of operations:
 
 
 
 
Ceded premiums written and earned, net of profit commission
 
$
87,721

 
$
79,716

% of direct premiums written
 
11
%
 
10
%
% of direct premiums earned
 
11
%
 
10
%
Profit commission
 
108,079

 
111,622

Ceding commissions
 
37,807

 
38,268

Ceded losses incurred
 
7,845

 
3,531

 
 
 
 
 
Mortgage insurance portfolio:
 

 

Ceded RIF (in millions)
 
$
10,807

 
$
12,581


Excess-of-loss reinsurance
Our excess-of-loss reinsurance provides $604.6 million of loss coverage on an existing portfolio of inforce policies having an inforce date on or after July 1, 2016 and before April 1, 2019. As of September 30, 2019, the aggregate exposed principal balances under the Home Re 2018-01 and 2019-01 transactions were approximately $6.2 billion and $6.6 billion, respectively, which take into account the mortgage insurance coverage percentage, net retained risk after quota share reinsurance, and the reinsurance inclusion percentage of the unpaid principal balance. We ceded premiums of $5.4 million and $12.4 million for the three and nine months ended September 30, 2019, respectively.

We expect that we may enter into similar excess-of-loss reinsurance transactions if capital market conditions remain favorable.

Investment income
Comparative quarterly and year to date results
Net investment income in the third quarter and first nine months of 2019 was $42.7 million and $125.7 million, respectively, up from $36.4 million and $103.0 million in the respective prior year periods. The increases in investment income were due to an increase in the average balance of the investment portfolio along with higher investment yields over the periods.



MGIC Investment Corporation - Q3 2019 | 43


Losses and expenses
Losses and expenses
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In millions)
 
2019
 
2018
 
2019
 
2018
Losses incurred, net
 
$
34.0

 
$
(1.5
)
 
$
94.9

 
$
8.9

Amortization of deferred policy acquisition costs
 
3.1

 
3.2

 
8.4

 
8.6

Other underwriting and operating expenses, net
 
45.2

 
43.7

 
134.1

 
131.6

Interest expense
 
12.9

 
13.3

 
39.7

 
39.7

Total losses and expenses
 
$
95.3

 
$
58.6

 
$
277.1

 
$
188.8


Losses incurred, net
As discussed in “Critical Accounting Policies” in our 2018 10-K MD&A and consistent with industry practices, we establish loss reserves for future claims only for loans that are currently delinquent. The terms “delinquent” and “default” are used interchangeably by us. We consider a loan to be delinquent when it is two or more payments past due. Loss reserves are established based on estimating the number of loans in our delinquent inventory that will result in a claim payment, which is referred to as the claim rate, and further estimating the amount of the claim payment, which is referred to as claim severity.

Estimation of losses is inherently judgmental. The conditions that affect the claim rate and claim severity include the current and future state of the domestic economy, including unemployment, and the current and future strength of local housing markets. The actual amount of the claim payments may be substantially different than our loss reserve estimates. Our estimates could be adversely affected by several factors, including a deterioration of regional or national economic conditions, including unemployment, leading to a reduction in borrower income and thus their ability to make mortgage payments, and a drop in housing values that could result in, among other things, greater losses on loans, and may affect borrower willingness to continue to make mortgage payments when the value of the home is below the mortgage balance. Historically, losses incurred have followed a seasonal trend in which the second half of the year has weaker credit performance than the first half, with higher new notice activity and a lower cure rate. Our estimates are also affected by any agreements we enter into regarding our claims paying practices, such as the settlement agreements discussed in Note 5 – “Litigation and Contingencies” to our consolidated financial statements. Changes to our estimates could result in a material impact to our consolidated results of operations and financial position, even in a stable economic environment.

 
Comparative quarterly results
Losses incurred, net in the third quarter of 2019 were $34.0 million compared to ($1.5) million in the prior year. The increase was due to a lower amount of favorable loss reserve development on previously received delinquencies. During the third quarter of 2019 there was a $27 million reduction in losses incurred due to positive development on our primary loss reserves, before reinsurance, for previously received delinquent notices, compared to $59 million in the third quarter of 2018. Current year losses incurred increased due to an increase in LAE reserves and less of a decrease in IBNR reserves, offset in part by a lower claim rate on new notices when compared to the prior year.

Comparative year to date results
Losses incurred, net in the nine months ended September 30, 2019 were $94.9 million compared to $8.9 million in the prior year period. The increase was due to lower favorable loss reserve development on previously received delinquencies in the current year period, which includes the recognition of a probable loss of $23.5 million for litigation of our claims paying practices. Losses incurred on current year delinquencies declined due to a lower estimated claim rate on delinquencies that occurred in the current year when compared to the prior year.
Composition of losses incurred
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(in millions)
 
2019
 
2018
 
% Change
 
2019
 
2018
 
% Change
Current year / New notices
$
48.6

 
$
47.4

 
2

 
$
142.6

 
$
155.8

 
(8
)
Prior year reserve development
(14.6
)
 
(49.0
)
 
(70
)
 
(47.8
)
 
(146.9
)
 
(67
)
Losses incurred, net
$
34.0

 
$
(1.5
)
 
N/M

 
$
94.9

 
$
8.9

 
N/M


Loss ratio
The loss ratio is the ratio, expressed as a percentage, of the sum of incurred losses and loss adjustment expenses to net premiums earned. The increase in the loss ratio for the three and nine months ended September 30, 2019 compared to the respective prior year periods was primarily due to an increase in losses incurred, net, offset in part by an increase in net premiums earned.
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2019
 
2018
 
2019
 
2018
Loss ratio
 
12.7
%
 
(0.6
)%
 
12.4
%
 
1.2
%

New notice claim rate
New notice activity continues to be primarily driven by loans insured in 2008 and prior, which continue to experience a cycle whereby many loans default, cure, and re-default. This cycle, along with the duration that defaults may ultimately remain in our notice inventory, results in significant judgment in establishing the estimated claim rate.


MGIC Investment Corporation - Q3 2019 | 44


New notice claim rate
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2019
 
2018
 
2019
 
2018
New notices - 2008 and prior (1)
 
8,614

 
61
%
 
9,704

 
72
%
 
26,069

 
64
%
 
29,384

 
73
%
New notices - 2009 and later
 
5,405

 
39
%
 
3,865

 
28
%
 
14,476

 
36
%
 
10,967

 
27
%
Total
 
14,019

 
100
%
 
13,569

 
100
%
 
40,545

 
100
%
 
40,351

 
100
%
Claim rate
 
8.0
%
 
 
 
9.0
%
 
 
 
8.0
%
 
 
 
9.0
%
 
 
(1) previously delinquent %
 
94.0
%
 
 
 
94.0
%
 
 
 
94.0
%
 
 
 
93.0
%
 
 

Claims severity
Factors that impact claim severity include:
è
 
exposure to the loan, which is the unpaid principal balance of the loan times our insurance coverage percentage,
è
 
length of time between delinquency and claim filing (which impacts the amount of interest and expenses, with a longer time between default and claim filing generally increasing severity), and
è
 
curtailments.

As discussed in Note 11 - “Loss Reserves,” the average time for servicers to process foreclosures has recently shortened. Therefore, we expect the average number of missed payments at the time a claim is received to be approximately 18 to 24 for new notices received, and expected to be received in 2019, compared to an average of 37 missed payments at the claim received date for claims paid in 2018. Our loss reserves estimates take into consideration trends over time, because the development of the delinquencies may vary from period to period without establishing a meaningful trend.

The majority of loans from 2005 through 2008 (which represent 56% of the loans in the delinquent inventory) are covered by master policy terms that, except under certain circumstances, do not limit the number of years that an insured can include interest when filing a claim. Under our current master policy terms, an insured can include accumulated interest when filing a claim only for the first three years the loan is delinquent. In each case, the insured must comply with its obligations under the terms of the applicable master policy.
Claims severity trend for claims paid during the period
Period
 
Average exposure on claim paid
 
Average claim paid
 
% Paid to exposure
 
Average number of missed payments at claim received date
Q3 2019
 
$
42,821

 
$
44,388

 
103.7
%
 
35

Q2 2019
 
46,950

 
46,883

 
99.9
%
 
34

Q1 2019
 
42,277

 
43,930

 
103.9
%
 
35

Q4 2018
 
45,366

 
47,980

 
105.8
%
 
35

Q3 2018
 
43,290

 
47,230

 
109.1
%
 
35

Q2 2018
 
44,522

 
50,175

 
112.7
%
 
38

Q1 2018
 
45,597

 
51,069

 
112.0
%
 
38

Q4 2017
 
44,437

 
49,177

 
110.7
%
 
36

Q3 2017
 
43,313

 
46,389

 
107.1
%
 
35

Q2 2017
 
44,747

 
49,105

 
109.7
%
 
35

Q1 2017
 
44,238

 
49,110

 
111.0
%
 
35

 
 
 
 
 
 
 
 
 
Note: Table excludes material settlements. Settlements include amounts paid in settlement disputes for claims paying practices and commutations of pools of NPLs.

In considering the potential sensitivity of the factors underlying our estimate of loss reserves, it is possible that even a relatively small change in our estimated claim rate or severity could have a material impact on reserves and, correspondingly, on our consolidated results of operations even in a stable economic environment. For example, as of September 30, 2019, assuming all other factors remain constant, a $1,000 increase/decrease in the average severity reserve factor would change the reserve amount by approximately +/- $10 million. A 1 percentage point increase/decrease in the average claim rate reserve factor would change the reserve amount by approximately +/- $17 million.

See Note 11 – “Loss Reserves” to our consolidated financial statements for a discussion of our losses incurred and claims paying practices (including curtailments).



MGIC Investment Corporation - Q3 2019 | 45


The length of time a loan is in the delinquent inventory (see Note 11- “Loss Reserves,” table 11.4) can differ from the number of payments that the borrower has not made or is considered delinquent. These differences typically result from a borrower making monthly payments that do not result in the loan becoming fully current. The number of payments that a borrower is delinquent is shown in the following table.
Delinquent inventory - number of payments delinquent
 
September 30, 2019
 
December 31, 2018
 
September 30, 2018
3 payments or less
14,690

 
15,519

 
14,813

4-11 payments
8,225

 
8,842

 
9,156

12 payments or more (1)
7,025

 
8,537

 
9,429

Total
29,940

 
32,898

 
33,398

 
 
 
 
 
 
3 payments or less
49
%
 
47
%
 
44
%
4-11 payments
27
%
 
27
%
 
27
%
12 payments or more
24
%
 
26
%
 
28
%
Total
100
%
 
100
%
 
99
%
(1) 
Approximately 34%, 38%, and 39% of the primary delinquent inventory with 12 payments or more delinquent has at least 36 payments delinquent as of September 30, 2019, December 31, 2018, and September 30, 2018, respectively.

Net losses and LAE paid
Net losses and LAE paid in the three and nine months ended September 30, 2019 declined 37% and 41%, respectively, compared to the same periods in the prior year due to lower claim activity on our primary business and NPL settlement activity in the prior year.

The following table presents our net losses and LAE paid for the three and nine months ended September 30, 2019 and 2018.
Net losses and LAE paid
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In millions)
 
2019
 
2018
 
2019
 
2018
Total primary (excluding settlements)
 
$
47

 
$
65

 
$
151

 
$
220

Claims paying practices and NPL settlements (1)
 
4

 
19

 
4

 
40

Pool
 
1

 
2

 
2

 
5

Direct losses paid
 
52

 
86

 
157

 
265

Reinsurance
 
(2
)
 
(3
)
 
(7
)
 
(17
)
Net losses paid
 
50

 
83

 
150

 
248

LAE
 
5

 
4

 
17

 
12

Net losses and LAE paid
 
$
55

 
$
87

 
167

 
260

Reinsurance terminations
 

 

 
(14
)
 
(2
)
Net losses and LAE paid
 
$
55

 
$
87

 
$
153

 
$
258

(1) 
See Note 11 - “Loss Reserves” for additional information on our settlements of disputes for claims paying practices and commutations of NPLs.  
 
Primary claims paid for the top 15 jurisdictions (based on 2019 losses paid) and all other jurisdictions for the three and nine months ended September 30, 2019 and 2018 appears in the following table.
Paid losses by jurisdiction
 
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In millions)
 
2019
 
2018
 
2019
 
2018
Florida
 
$
6

 
$
8

 
$
21

 
$
22

New York
 
5

 
7

 
19

 
25

New Jersey
 
5

 
8

 
17

 
34

Illinois
 
4

 
4

 
10

 
15

Puerto Rico
 
3

 
2

 
9

 
5

Maryland
 
3

 
3

 
8

 
13

Pennsylvania
 
2

 
3

 
6

 
9

Ohio
 
2

 
2

 
5

 
7

Connecticut
 
2

 
1

 
5

 
5

California
 
2

 
3

 
5

 
9

Texas
 
1

 
1

 
3

 
4

Michigan
 
1

 
1

 
3

 
4

Virginia
 

 
1

 
3

 
5

Wisconsin
 
1

 
1

 
2

 
3

Georgia
 
1

 
1

 
2

 
4

All other jurisdictions
 
9

 
19

 
33

 
56

Total primary (excluding settlements)
$
47

 
$
65

 
$
151

 
220


The primary average claim paid for the top 5 states (based on 2019 losses paid) for the three and nine months ended September 30, 2019 and 2018 appears in the following table.
Primary average claim paid
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2019
 
2018
 
2019
 
2018
Florida*
$
57,176

 
$
56,753

 
$
63,678

 
$
58,131

New York*
78,289

 
106,604

 
98,854

 
99,603

New Jersey*
82,537

 
80,806

 
80,750

 
89,236

Illinois*
47,867

 
41,458

 
42,491

 
43,569

Puerto Rico*
45,418

 
49,437

 
43,911

 
48,277

All other jurisdictions
35,159

 
38,642

 
34,474

 
39,900

All jurisdictions
44,388

 
47,230

 
45,055

 
49,581

Note: Asterisk denotes jurisdictions in the table above that predominately use a judicial foreclosure process, which generally increases the amount of time it takes for a foreclosure to be completed.

The primary average claim paid can vary materially from period to period based upon a variety of factors, including the local market conditions, average loan amount, average coverage percentage, the amount of time between delinquency and claim filing, and our loss mitigation efforts on loans for which claims are paid.



MGIC Investment Corporation - Q3 2019 | 46


The primary average RIF on delinquent loans at September 30, 2019, December 31, 2018 and September 30, 2018 and for the top 5 jurisdictions (based on 2019 losses paid) appears in the following table.
Primary average RIF - delinquent loans
 
September 30, 2019
 
December 31, 2018
 
September 30, 2018

Florida
$
53,895

 
$
53,371

 
$
54,533

New York
72,343

 
71,795

 
71,486

New Jersey
64,754

 
65,521

 
66,078

Illinois
39,649

 
39,753

 
40,462

Puerto Rico
34,013

 
35,420

 
35,390

All other jurisdictions
42,209

 
41,331

 
41,298

All jurisdictions
45,152

 
44,584

 
44,818


The primary average RIF on all loans was $52,291, $51,085, and $50,629 at September 30, 2019, December 31, 2018, and September 30, 2018, respectively.

Loss reserves
Our primary delinquency rate at September 30, 2019 was 2.78% (YE 2018: 3.11%, September 30, 2018: 3.19%). Our primary delinquent inventory was 29,940 loans at September 30, 2019, representing a decrease of 9% from December 31, 2018 and 10% from September 30, 2018. The reduction in our primary delinquent inventory is the result of the total number of delinquent loans: (1) that have cured; (2) for which claim payments have been made; or (3) that have resulted in rescission, claim denial, or removal from inventory due to settlements of claims paying disputes or commutations of coverage of pools of NPLs, collectively, exceeding the total number of new delinquencies on insured loans. In recent periods, we have experienced improved cure rates and the number of delinquencies in inventory with twelve or more missed payments has been declining. Generally, a defaulted loan with fewer missed payments is less likely to result in a claim.

Our delinquent inventory increased slightly during the third quarter of 2019 as our larger, more recently written book years are entering their expected peak loss years.

 

The gross reserves at September 30, 2019, December 31, 2018, and September 30, 2018 appear in the table below.
Gross reserves
 
 
September 30, 2019
December 31, 2018
September 30, 2018
Primary:
 
 
 
 
 
 
 
Direct loss reserves (in millions)
 
$
508

 
$
610

 
$
652

 
IBNR and LAE
 
83

 
50

 
55

 
Total primary loss reserves
 
$
591

 
$
660

 
$
707

 
 
 
 
 
 
 
 
 
Ending delinquent inventory
 
 
29,940

 
32,898

 
33,398

Percentage of loans delinquent (delinquency rate)
 
 
2.78
%
 
3.11
%
 
3.19
%
Average total primary loss reserves per delinquency
 
 
$
18,955

 
$
20,077

 
$
21,184

Primary claims received inventory included in ending delinquent inventory
 
 
557

 
809

 
766

 
 
 
 
 
 
 
 
Pool (1):
 
 

 
 

 
 

 
Direct loss reserves (in millions):
 
 

 
 
 
 
 
With aggregate loss limits
 
$
8

 
$
10

 
$
9

 
Without aggregate loss limits
 
3

 
3

 
4

 
Total pool direct loss reserves
 
$
11

 
$
13

 
$
13

 
 
 
 
 
 
 
 
 
Ending default inventory:
 
 

 
 

 
 

 
With aggregate loss limits
 
 
425

 
595

 
752

Without aggregate loss limits
 
 
230

 
264

 
280

Total pool ending delinquent inventory
 
 
655

 
859

 
1,032

Pool claims received inventory included in ending delinquent inventory
 
 
24

 
24

 
43

Other gross reserves (in millions)
 
$

 
$
1

 
$
1

 
(1) 
Since a number of our pool policies include aggregate loss limits and/or deductibles, we do not disclose an average direct reserve per delinquency for our pool business.


MGIC Investment Corporation - Q3 2019 | 47


The primary delinquent inventory for the top 15 jurisdictions (based on 2019 losses paid) at September 30, 2019, December 31, 2018 and September 30, 2018 appears in the following table.
Primary delinquent inventory by jurisdiction
 
September 30, 2019
 
December 31, 2018
 
September 30, 2018
Florida*
2,467

 
2,853

 
3,088

New York*
1,681

 
1,855

 
1,934

New Jersey*
1,002

 
1,151

 
1,212

Illinois*
1,692

 
1,781

 
1,836

Puerto Rico*
1,175

 
1,503

 
1,725

Maryland
789

 
842

 
864

Pennsylvania*
1,805

 
1,929

 
1,971

Ohio*
1,489

 
1,627

 
1,658

Connecticut*
480

 
480

 
491

California
1,179

 
1,260

 
1,235

Texas
2,199

 
2,369

 
2,402

Michigan
937

 
1,041

 
1,016

Virginia
622

 
588

 
587

Wisconsin*
653

 
726

 
709

Georgia
1,110

 
1,220

 
1,205

All other jurisdictions
10,660

 
11,673

 
11,465

Total
29,940

 
32,898

 
33,398

Note: Asterisk denotes jurisdictions in the table above that predominately use a judicial foreclosure process, which generally increases the amount of time it takes for a foreclosure to be completed.


 
The primary delinquent inventory by policy year at September 30, 2019, December 31, 2018 and September 30, 2018 appears in the following table.
Primary delinquent inventory by policy year
 
September 30, 2019
 
December 31, 2018
 
September 30, 2018
Policy year:
 
 
 
 
 
2004 and prior
5,142

 
6,061

 
6,408

2004 and prior %
17
%
 
18
%
 
19
%
2005
2,907

 
3,340

 
3,559

2006
4,652

 
5,299

 
5,617

2007
7,242

 
8,702

 
9,008

2008
1,818

 
2,369

 
2,431

2005 - 2008 %
56
%
 
60
%
 
62
%
2009
156

 
172

 
199

2010
116

 
121

 
126

2011
143

 
159

 
176

2012
242

 
312

 
308

2013
502

 
592

 
595

2014
1,061

 
1,264

 
1,182

2015
1,336

 
1,418

 
1,338

2016
1,505

 
1,459

 
1,308

2017
1,747

 
1,282

 
1,007

2018
1,198

 
348

 
136

2019
173

 

 

2009 and later %
27
%
 
22
%
 
19
%
 
 
 
 
 
 
Total
29,940

 
32,898

 
33,398


The losses we have incurred on our 2005 through 2008 books have exceeded our premiums from those books. Although uncertainty remains with respect to the ultimate losses we may experience on those books, as we continue to write new insurance, those books have become a smaller percentage of our total mortgage insurance portfolio. Our 2005 through 2008 books represented approximately 12% and 15% of our total primary RIF at September 30, 2019 and December 31, 2018, respectively. Approximately 39% of the remaining primary RIF on our 2005 through 2008 books of business benefited from HARP as of both September 30, 2019 and December 31, 2018.

On our primary business, the highest claim frequency years have typically been the third and fourth year after loan origination. However, the pattern of claim frequency can be affected by many factors, including persistency and deteriorating economic conditions. Deteriorating economic conditions can result in increasing claims following a period of declining claims. As of September 30, 2019, 54% of our primary RIF was written subsequent to December 31, 2016, 67% of our primary RIF was written subsequent to December 31, 2015, and 76% of our primary RIF was written subsequent to December 31, 2014.



MGIC Investment Corporation - Q3 2019 | 48


Underwriting and other expenses, net
Underwriting and other expenses includes items such as employee compensation costs, fees for professional services, depreciation and maintenance expense, and premium taxes, and are reported net of ceding commissions.

Underwriting and other expenses, net for the three and nine months ended September 30, 2019 were $45.2 million and $134.1 million, respectively, increases from $43.7 million and $131.6 million in the respective prior year periods primarily due to increases in benefits expenses and a reduction in ceding commissions.
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2019
 
2018
 
2019
 
2018
Underwriting expense ratio
 
17.7
%
 
17.6
%
 
18.1
%
 
17.8
%

The underwriting expense ratio is the ratio, expressed as a percentage, of the underwriting and operating expenses, net and amortization of DAC of our combined insurance operations (which excludes underwriting and operating expenses of our non-insurance subsidiaries) to NPW. The underwriting expense ratio in the three months ended September 30, 2019 was relatively flat compared with the prior year period. The increase in the ratio for the nine months ended September 30, 2019 was primarily due to an increase in underwriting expenses partially offset by slightly higher NPW when compared to the same periods in the prior year.

Provision for income taxes and effective tax rate
Income tax provision and effective tax rate
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In millions, except rate)
 
2019
 
2018
 
2019
 
2018
Income before tax
 
$
223.1

 
$
231.9

 
$
625.3

 
$
649.4

Provision for income taxes
 
$
46.2

 
$
50.0

 
$
128.6

 
$
137.1

Effective tax rate
 
20.7
%
 
21.6
%
 
20.6
%
 
21.1
%






MGIC Investment Corporation - Q3 2019 | 49


Balance Sheet Review

Total assets, liabilities, and shareholders’ equity
As of September 30, 2019, total assets were $6.1 billion, an increase of $0.5 billion, and total liabilities were $2.0 billion, down $0.1 billion, each when compared to December 31, 2018. Shareholders’ equity increased approximately $0.6 billion primarily due to net income in the first nine months of 2019 and an increase in the fair value of our investment portfolio, offset in part by repurchases of our common stock and dividends paid.

The following sections mainly focus on our cash and cash equivalents, investments, deferred income taxes, net, and loss reserves as these reflect the major developments in our assets and liabilities since December 31, 2018.

Consolidated balance sheets - Assets
as of September 30, 2019 (In thousands)
 
chart-d4d587c140ec5b2b88d.jpg
Cash and cash equivalents
$
171,754

Investments
5,681,452

Premiums receivable
51,804

Deferred income taxes, net
11,583

Other assets
230,158


Cash and cash equivalents (including restricted) - Our cash and cash equivalents balance increased to $172 million as of September 30, 2019, from $155 million as of December 31, 2018, as net cash generated from operating activities was only partly offset by net cash used in investing and financing activities.

Deferred income taxes, net - The decrease in our deferred income taxes, net, to $12 million as of September 30, 2019, from $69 million as of December 31, 2018, was primarily due to the tax effect of unrealized gains generated by the investment portfolio during the first nine months of 2019.

 
Consolidated balance sheets - Liabilities and equity
as of September 30, 2019 (In thousands)
 
chart-0ddaa16a6d175e06b4a.jpg
Loss reserves
$
602,297

Unearned premiums
392,556

Long-term debt
832,450

Other liabilities
159,831

Shareholders’ equity
4,159,617


Loss reserves - Our loss reserves include: (1) reserves representing estimates of losses and settlement expenses on reported delinquencies and (2) IBNR. Our gross reserves are reduced by reinsurance recoverable on our estimated losses and settlement expenses to calculate a net reserve balance. The net reserve balance decreased by 9% to $583 million as of September 30, 2019, from $641 million as of December 31, 2018. Reinsurance recoverables on our estimated losses and settlement expenses were $20 million and $33 million as of September 30, 2019 and December 31, 2018, respectively. The overall decrease in our loss reserves during the first nine months of 2019 was due to losses paid exceeding losses incurred.




MGIC Investment Corporation - Q3 2019 | 50


Investment portfolio
The average duration and investment yield of our investment portfolio as of September 30, 2019, December 31, 2018, and September 30, 2018 are shown in the table below.
Portfolio duration and embedded investment yield
 
 
September 30, 2019
 
December 31, 2018
 
September 30, 2018
Duration (in years)
 
4.0
 
4.1
 
4.2
Pre-tax yield (1)
 
3.1%
 
3.1%
 
3.0%
After-tax yield (1)
 
2.6%
 
2.6%
 
2.5%
(1) 
Embedded investment yield is calculated on a yield-to-worst basis.

The security ratings of our fixed income investments as of September 30, 2019, December 31, 2018, and September 30, 2018 are shown in the following table.
Fixed income security ratings
 
Security Ratings (1)
Period
AAA
AA
A
BBB
September 30, 2019
21%
21%
34%
24%
December 31, 2018
19%
23%
33%
25%
September 30, 2018
20%
23%
35%
22%
(1) 
Ratings are provided by one or more of: Moody's, Standard & Poor's and Fitch Ratings. If three ratings are available, the middle rating is utilized; otherwise the lowest rating is utilized.

Off-Balance Sheet Arrangements
Home Re 2018-1 Ltd. and Home Re 2019-1 Ltd. are special purpose variable interest entities that are not consolidated in our consolidated financial statements because we do not have the unilateral power to direct those activities that are significant to their economic performance. See Note 4 - “Reinsurance,” to our consolidated financial statements for additional information.



MGIC Investment Corporation - Q3 2019 | 51


Liquidity and Capital Resources

Consolidated Cash Flow Analysis
We have three primary types of cash flows: (1) operating cash flows, which consist mainly of cash generated by our insurance operations and income earned on our investment portfolio, less amounts paid for claims, interest expense and operating expenses, (2) investing cash flows related to the purchase, sale and maturity of investments and purchases of property and equipment and (3) financing cash flows generally from activities that impact our capital structure, such as changes in debt and shares outstanding, and dividend payouts. The following table summarizes our consolidated cash flows from operating, investing and financing activities:
Summary of consolidated cash flows
 
 
Nine Months Ended September 30,
(In thousands)
 
2019
 
2018
Total cash provided by (used in):
 
 
 
 
Operating activities
 
$
458,163

 
$
383,547

Investing activities
 
(308,966
)
 
(108,211
)
Financing activities
 
(132,481
)
 
(108,190
)
Increase in cash and cash equivalents and restricted cash and cash equivalents
 
$
16,716

 
$
167,146

Net cash provided by operating activities for the nine months ended September 30, 2019 increased compared to the same period of 2018 primarily due to a lower level of losses paid, net , offset in part by an increase in tax payments.

Net cash used in investing activities for the nine months ended September 30, 2019 reflects purchases of fixed income and equity securities in amounts that exceeded our proceeds from sales and maturities of fixed income securities during the period as cash from operations was available for additional investment, as well as, amounts spent on property and equipment.

Net cash used in investing activities for the nine months ended September 30, 2018 reflects purchases of fixed income securities in an amount that exceeded our proceeds from the sales and maturities of fixed income securities during the period as cash from operations was available for additional investment, as well as, amounts spent on property and equipment.

Net cash used in financing activities for the nine months ended September 30, 2019 reflects share repurchases during the period in addition to the cash settlement of share repurchase transactions executed at the end of the fourth quarter of 2018, cash dividends paid to shareholders, and payments of withholding taxes related to share-based compensation net share settlement.

Net cash used in financing activities for the nine months ended September 30, 2018 reflects share repurchases and the payment of withholding taxes related to share-based compensation net share settlement.
 
 
Capitalization
Debt - holding company
As of September 30, 2019, our holding company’s debt obligations were $814.5 million in aggregate principal consisting of our 5.75% Notes and 9% Debentures. MGIC’s ownership of $132.7 million of our holding company’s 9% Debentures is eliminated in consolidation, but they remain outstanding obligations owed by our holding company to MGIC.

Liquidity analysis - holding company
As of September 30, 2019, we had approximately $308 million in cash and investments at our holding company. These resources are maintained primarily to service our debt interest expense, pay debt maturities, repurchase shares, pay dividends to shareholders, and to settle intercompany obligations. While these assets are held, we generate investment income that serves to offset a portion of our interest expense. Investment income and the payment of dividends from our insurance subsidiaries are the principal sources of holding company cash inflow. MGIC is the principal source of dividends, and their payment is restricted by insurance regulation. See Note 14 - “Statutory Information” to our consolidated financial statement for additional information about MGIC’s dividend restrictions. The payment of dividends from MGIC is also influenced by our view of the appropriate level of PMIERs Available Assets to maintain an excess over Minimum Required Assets. Other sources of holding company liquidity include raising capital in the public markets. The ability to raise capital in the public markets is subject to prevailing market conditions, investor demand for the securities to be issued, and our deemed creditworthiness.

In the third quarter of 2019 we used $69 million of holding company cash to repurchase shares and may use additional holding company cash to repurchase additional shares or to repurchase our outstanding debt obligations. Such repurchases may be material, may be made for cash (funded by debt) and/or exchanges for other securities, and may be made in open market purchases, privately negotiated acquisitions or other transactions. See “Overview - Capital” of this MD&A for a discussion of the additional share repurchase program authorized in March 2019.

In the third quarter of 2019 we used $21 million to pay cash dividends to shareholders. On October 24, 2019, our Board of Directors declared a quarterly cash dividend of $0.06 per common share to shareholders of record on November 11, 2019, payable on November 25, 2019.



MGIC Investment Corporation - Q3 2019 | 52


In the first nine months of 2019, our holding company cash and investments increased by $60 million, to $308 million as of September 30, 2019.

Cash and investments inflows during the first nine months:
$210 million of dividends received from MGIC,
$10 million of investment income, and
$9 million of other inflows.

Cash outflows during the first nine months:
$42 million of interest payments on our 5.75% Notes and 9% Debentures,
$94 million of share repurchase transactions,
$12 million for share repurchase transactions in 2018 that settled in the first quarter of 2019, and
$21 million in cash dividends paid to shareholders.

We expect MGIC to pay dividends of at least $280 million in 2020, subject to approval by MGIC’s Board of Directors. We ask the OCI not to object before MGIC pays dividends.

The net unrealized gains on our holding company investment portfolio were approximately $2.8 million at September 30, 2019 and the portfolio had a modified duration of approximately 1.8 years.

Subject to certain limitations and restrictions, holders of each of the 9% Debentures may convert their notes into shares of our common stock at their option prior to certain dates under the terms of their issuance, in which case our corresponding obligation will be eliminated.

See Note 7 – “Debt” to our consolidated financial statements in our Annual Report on Form 10-K for the year ended December 31, 2018 for additional information about the conversion terms of our 9% Debentures and the terms of our indebtedness, including our option to defer interest on our 9% Debentures. The description in Note 7 - “Debt” to our consolidated financial statements in our Annual Report on Form 10-K is qualified in its entirety by the terms of the notes and debentures.

Although not anticipated in the near term, we may also contribute funds to our insurance operations to comply with the PMIERs or the State Capital Requirements. See “Overview - Capital” above for a discussion of these requirements. See discussion of our non-insurance contract underwriting services in Note 5 – “Litigation and Contingencies” to our consolidated financial statements for other possible uses of holding company resources.

Debt at subsidiaries
MGIC is a member of the FHLB, which provides MGIC access to an additional source of liquidity via a secured lending facility. MGIC has $155 million of debt outstanding in the form of a fixed rate advance from the FHLB. Interest on the Advance is payable monthly at an annual rate, fixed for the term of the Advance, of 1.91%. The principal of the Advance matures on February 10, 2023. MGIC may prepay the Advance at any time. Such prepayment would be below par if interest rates have risen after the Advance was originated, or above par if interest rates have declined. The Advance is secured by eligible collateral whose
 
fair value is maintained at a minimum of 102% of the outstanding principal balance. MGIC provided eligible collateral from its investment portfolio.

Capital Adequacy
PMIERs
As of September 30, 2019, MGIC’s Available Assets under the more restrictive application of the PMIERs totaled approximately $4.5 billion, an excess of approximately $1.2 billion over its Minimum Required Assets; and MGIC is in compliance with the requirements of the PMIERs and eligible to insure loans delivered to or purchased by the GSEs. Maintaining a sufficient level of Available Assets will allow MGIC to remain in compliance with the PMIERs financial requirements, including, we believe, to the extent they are revised. Our reinsurance transactions provided an aggregate of approximately $1.3 billion of capital credit under the more restrictive application of the PMIERs as of September 30, 2019. Refer to Note 4 - “Reinsurance” to our consolidated financial statements for additional information on our QSR and Home Re Transactions.

We plan to continuously comply with the PMIERs through our operational activities or through the contribution of funds from our holding company, subject to demands on the holding company's resources, as outlined above. Refer to “Overview - Capital - GSEs” of this MD&A for further discussion of PMIERs.

Risk-to-capital
We compute our risk-to-capital ratio on a separate company statutory basis, as well as on a combined insurance operation basis. The risk-to-capital ratio is our net RIF divided by our policyholders’ position. Our net RIF includes both primary and pool risk in force and excludes risk on policies that are currently in default and for which loss reserves have been established, and those covered by reinsurance. The risk amount includes pools of loans with contractual aggregate loss limits and without these limits. Policyholders’ position consists primarily of statutory policyholders’ surplus (which increases as a result of statutory net income and decreases as a result of statutory net loss and dividends paid), plus the statutory contingency reserve, and a portion of the reserves for unearned premiums. The statutory contingency reserve is reported as a liability on the statutory balance sheet. A mortgage insurance company is required to make annual additions to the contingency reserve of approximately 50% of net earned premiums. These contributions must generally be maintained for a period of ten years.  However, with regulatory approval a mortgage insurance company may make early withdrawals from the contingency reserve when incurred losses exceed 35% of net earned premiums in a calendar year.



MGIC Investment Corporation - Q3 2019 | 53


MGIC’s separate company risk-to-capital calculation is shown in the table below.
Risk-to-capital - MGIC separate company
(In millions, except ratio)
 
September 30, 2019
 
December 31, 2018
RIF - net (1)
 
$
43,842

 
$
34,502

Statutory policyholders’ surplus
 
1,632

 
1,682

Statutory contingency reserve
 
2,817

 
2,138

Statutory policyholders’ position
 
$
4,449

 
$
3,820

Risk-to-capital
 
9.9:1

 
9.0:1

(1) 
RIF – net, as shown in the table above is net of reinsurance and exposure on policies currently delinquent for which loss reserves have been established.

Our combined insurance companies’ risk-to-capital calculation is shown in the table below.
Risk-to-capital - Combined insurance companies
(In millions, except ratio)
 
September 30, 2019
 
December 31, 2018
RIF - net (1)
 
$
43,998

 
$
40,239

Statutory policyholders’ surplus
 
1,634

 
1,683

Statutory contingency reserve
 
2,877

 
2,443

Statutory policyholders’ position
 
$
4,511

 
$
4,126

Risk-to-capital
 
9.8:1

 
9.8:1

(1) 
RIF – net, as shown in the table above, is net of reinsurance and exposure on policies currently delinquent ($1.5 billion at September 30, 2019 and $1.6 billion at December 31, 2018) for which loss reserves have been established.

The increase in MGIC's risk-to-capital in the first nine months of 2019 was due to an increase in our RIF, net of reinsurance, partially offset by an increase in statutory policyholders’ position due to an increase in statutory contingency reserves and the commutation of an affiliate reinsurance agreement. Our combined insurance companies’ risk-to-capital in the first nine months of 2019 was flat. Our RIF, net of reinsurance, increased in the first nine months of 2019, due to an increase in our IIF and a reduction in our ceded RIF under our 2015 QSR Transaction. Our risk-to-capital ratio will increase if the percentage increase in net insured risk exceeds the percentage increase in capital.

For additional information regarding regulatory capital see Note 14 – “Statutory Information” to our consolidated financial statements as well as our risk factor titled “State Capital requirements may prevent us from continuing to write new insurance on an uninterrupted basis.”

 
Financial Strength Ratings
MGIC financial strength ratings
Rating Agency
 
Rating
 
Outlook
Moody’s Investor Services
 
Baa1
 
Stable
Standard and Poor’s Rating Services
 
BBB+
 
Stable
A.M. Best
 
A-
 
Stable

For further information about the importance of MGIC’s ratings, see our risk factor titled “Competition or changes in our relationships with our customers could reduce our revenues, reduce our premium yields and / or increase our losses.”
MAC financial strength ratings
Rating Agency
 
Rating
 
Outlook
A.M. Best
 
A-
 
Stable



MGIC Investment Corporation - Q3 2019 | 54


Contractual Obligations

The following table summarizes, as of September 30, 2019, the approximate future payments under our contractual obligations and estimated claim payments on established loss reserves.
Contractual obligations
 
 
Payments due by period
(In millions)
 
Total
 
Less than 1 year
 
1-3 years
 
3-5 years
 
More than 5 years
Long-term debt obligations
 
$
1,962.3

 
$
50.9

 
$
101.1

 
$
651.8

 
$
1,158.5

Operating lease obligations
 
2.0

 
1.2

 
0.7

 
0.1

 

Purchase obligations
 
6.9

 
4.9

 
1.8

 
0.2

 

Other long-term liabilities
 
602.3

 
225.9

 
273.4

 
103.0

 

Total
 
$
2,573.5

 
$
282.9

 
$
377.0

 
$
755.1

 
$
1,158.5

Our long-term debt obligations as of September 30, 2019 include their related interest and are discussed in Note 3 - “Debt” to our consolidated financial statements and under “Liquidity and Capital Resources” above. Our operating lease obligations include operating leases on certain office space, data processing equipment and autos, as discussed in Note 16 – “Leases” to our consolidated financial statements in our Annual Report on Form 10-K for the year ended December 31, 2018. Purchase obligations consist primarily of agreements to purchase items related to our corporate headquarters update and continued investment in our information technology infrastructure in the normal course of business.

Our other long-term liabilities represent the loss reserves established to recognize the liability for losses and LAE related to existing delinquencies on insured mortgage loans. The timing of the future claim payments associated with the established loss reserves was determined primarily based on two key assumptions: the length of time it takes for a notice of delinquency to develop into a received claim and the length of time it takes for a received claim to be ultimately paid. The future claim payment periods are estimated based on historical experience, and could emerge differently than this estimate, in part, due to uncertainty regarding the impact of certain factors, such as loss mitigation protocols established by servicers and changes in some state foreclosure laws that may include, for example, a requirement for additional review and/or mediation process.

See Note 11 – “Loss Reserves” to our consolidated financial statements. In accordance with GAAP for the mortgage insurance industry, we establish loss reserves only for delinquent loans. Because our reserving method does not take account of the impact of future losses that could occur from loans that are not delinquent, our obligation for ultimate losses that we expect to occur under our policies in force at any period end is not reflected in our consolidated financial statements or in the table above.


MGIC Investment Corporation - Q3 2019 | 55


Forward Looking Statements and Risk Factors
General:  Our business, results of operations, and financial condition could be affected by the risk factors referred to under “Location of Risk Factors” below. These risk factors are an integral part of Management’s Discussion and Analysis.

These factors may also cause actual results to differ materially from the results contemplated by forward looking statements that we may make. Forward looking statements consist of statements which relate to matters other than historical fact. Among others, statements that include words such as we “believe,” “anticipate” or “expect,” or words of similar import, are forward looking statements. We are not undertaking any obligation to update any forward looking statements we may make even though these statements may be affected by events or circumstances occurring after the forward looking statements were made. Therefore, no reader of this document should rely on these statements being current as of any time other than the time at which this document was filed with the Securities and Exchange Commission.

While we communicate with security analysts from time to time, it is against our policy to disclose to them any material non-public information or other confidential information. Accordingly, investors should not assume that we agree with any statement or report issued by any analyst irrespective of the content of the statement or report, and such reports are not our responsibility.

Location of Risk Factors: The risk factors are in Item 1 A of our Annual Report on Form 10-K for the year ended December 31, 2018, as supplemented by Part II, Item 1 A of our Quarterly Report on Form 10-Q for the quarters ended June 30, 2019 and March 31, 2019, and by Part II, Item 1A of this Quarterly Report on Form 10-Q. The risk factors in the 10-K, as supplemented by this 10‑Q and through updating of various statistical and other information, are reproduced in Exhibit 99 to this Quarterly Report on Form 10-Q.

Item 3. Quantitative and Qualitative Disclosures about Market Risk
Our investment portfolio is essentially a fixed income portfolio and is exposed to market risk. Important drivers of the market risk are credit spread risk and interest rate risk.

Credit spread risk is the risk that we will incur a loss due to adverse changes in credit spreads. Credit spread is the additional yield on fixed income securities above the risk-free rate (typically referenced as the yield on U.S. Treasury securities) that market participants require to compensate them for assuming credit, liquidity and/or prepayment risks.

We manage credit risk via our investment policy guidelines which primarily place our investments in investment grade securities and limit the amount of our credit exposure to any one issue, issuer and type of instrument. Guideline and investment portfolio detail is available in "Business – Section C, Investment Portfolio" in Item 1 of our Annual Report on Form 10-K for the year ended December 31, 2018.

 
Interest rate risk is the risk that we will incur a loss due to adverse changes in interest rates relative to the characteristics of our interest bearing assets.

One of the measures used to quantify this exposure is modified duration. Modified duration measures the price sensitivity of the assets to the changes in spreads. At September 30, 2019, the modified duration of our fixed income investment portfolio was 4.0 years, which means that an instantaneous parallel shift in the yield curve of 100 basis points would result in a change of 4.0% in the fair value of our fixed income portfolio. For an upward shift in the yield curve, the fair value of our portfolio would decrease and for a downward shift in the yield curve, the fair value would increase. See Note 7 – “Investments” to our consolidated financial statements for additional disclosure surrounding our investment portfolio.

Item 4. Controls and Procedures
Our management, with the participation of our principal executive officer and principal financial officer, has evaluated our disclosure controls and procedures (as defined in Rule 13a-15(e) under the Securities Exchange Act of 1934, as amended), as of the end of the period covered by this Quarterly Report on Form 10-Q. Based on such evaluation, our principal executive officer and principal financial officer concluded that such controls and procedures were effective as of the end of such period. There was no change in our internal control over financial reporting that occurred during the third quarter of 2019 that materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.



MGIC Investment Corporation - Q3 2019 | 56


PART II.  OTHER INFORMATION

Item 1. Legal Proceedings
Certain legal proceedings arising in the ordinary course of business may be filed or pending against us from time to time. For information about such legal proceedings, you should review our risk factor titled “We are involved in legal proceedings and are subject to the risk of additional legal proceedings in the future” in Exhibit 99.


Item 1 A. Risk Factors
With the exception of the changes described and set forth below, there have been no material changes in our risk factors from the risk factors disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018, as supplemented by Part II, Item I A of our Quarterly Reports on Form 10-Q for the Quarters ended March 31, 2019 and June 30, 2019. The risk factors in the 10-K, as supplemented by those 10-Qs and this 10-Q, and through updating of various statistical and other information, are reproduced in their entirety in Exhibit 99 to this Quarterly Report on Form 10‑Q.
Competition or changes in our relationships with our customers could reduce our revenues, reduce our premium yields and / or increase our losses.
The private mortgage insurance industry is highly competitive and is expected to remain so. We believe that we currently compete with other private mortgage insurers based on premium rates, underwriting requirements, financial strength (including based on credit or financial strength ratings), customer relationships, name recognition, reputation, strength of management teams and field organizations, the ancillary products and services provided to lenders and the effective use of technology and innovation in the delivery and servicing of our mortgage insurance products.

Much of the competition in the industry in the last few years has centered on pricing practices which have included: (i) reductions in standard filed rates; (ii) use of customized rates (typically lower than standard rates) that are made available to lenders that meet certain criteria; and (iii) use of a spectrum of filed rates to allow for formulaic, risk-based pricing that may be quickly adjusted within certain parameters (referred to as "risk-based pricing systems").

In the first quarter of 2019, we introduced MiQ™, our risk-based pricing system that establishes our premium rates based on more risk attributes than were considered in 2018. The widespread use of risk-based pricing systems by the private mortgage insurance industry makes it more difficult to compare our rates to those offered by our competitors. We may not be aware of industry rate changes until we observe that our volume of new insurance written ("NIW") has changed. In addition, business under customized rate plans is awarded by certain customers for only a limited period of time. As a result, our volume may fluctuate more than it had in the past.

We monitor various competitive and economic factors while seeking to balance both profitability and market share
 
considerations in developing our pricing strategies. A reduction in our premium rates will reduce our premium yield (net premiums earned divided by the average insurance in force) over time as older insurance policies with higher premium rates run off and new insurance policies with lower premium rates are written. Our premium rates are subject to approval by state regulatory agencies, which can delay or limit our ability to change them, outside of the parameters already approved.
There can be no assurance that our premium rates adequately reflect the risk associated with the underlying mortgage insurance policies. For additional information, see our risk factors titled “The premiums we charge may not be adequate to compensate us for our liabilities for losses and as a result any inadequacy could materially affect our financial condition and results of operations" and "If our risk management programs are not effective in identifying, or adequate in controlling or mitigating, the risks we face, or if the models used in our businesses are inaccurate, it could have a material adverse impact on our business, results of operations and financial condition.
Our relationships with our customers, which may affect the amount of our NIW, could be adversely affected by a variety of factors, including if our premium rates are higher than those of our competitors, our underwriting requirements are more restrictive than those of our competitors, or our customers are dissatisfied with our claims-paying practices (including insurance policy rescissions and claim curtailments). Regarding the concentration of our new business, our largest customer accounted for approximately 5% and 7% of our NIW, and our top ten customers accounted for approximately 24% and 26% of our NIW, in each of 2018 and the first nine months of 2019, respectively.
Certain of our competitors have access to capital at a lower cost than we do (including, through off-shore reinsurance vehicles, which are tax-advantaged). As a result, they may be able to achieve higher after-tax rates of return on their NIW compared to us, which could allow them to leverage reduced premium rates to gain market share, and they may be better positioned to compete outside of traditional mortgage insurance, including by participating in alternative forms of credit enhancement pursued by Fannie Mae and Freddie Mac (the "GSEs") discussed in our risk factor titled "The amount of insurance we write could be adversely affected if lenders and investors select alternatives to private mortgage insurance."
Substantially all of our insurance written since 2008 has been for loans purchased by the GSEs. The current private mortgage insurer eligibility requirements ("PMIERs") of each of the GSEs require a mortgage insurer to maintain a minimum amount of assets to support its insured risk, as discussed in our risk factor titled “We may not continue to meet the GSEs’ private mortgage insurer eligibility requirements and our returns may decrease if we are required to maintain more capital in order to maintain our eligibility.” The PMIERs do not require an insurer to maintain minimum financial strength ratings; however, our financial strength ratings can affect us in the following ways:
A downgrade in our financial strength ratings could result in increased scrutiny of our financial condition by the GSEs


MGIC Investment Corporation - Q3 2019 | 57


and/or our customers, potentially resulting in a decrease in the amount of our new insurance written.
Our ability to participate in the non-GSE mortgage market (the size of which has been limited since 2008, but may grow in the future), could depend on our ability to maintain and improve our investment grade ratings for our mortgage insurance subsidiaries. We could be competitively disadvantaged with some market participants because the financial strength ratings of our insurance subsidiaries are lower than those of some competitors. MGIC's financial strength rating from A.M. Best is A- (with a stable outlook), from Moody’s is Baa1 (with a stable outlook) and from Standard & Poor’s is BBB+ (with a stable outlook).
Financial strength ratings may also play a greater role if the GSEs no longer operate in their current capacities, for example, due to legislative or regulatory action. In addition, although the PMIERs do not require minimum financial strength ratings, the GSEs consider financial strength ratings to be important when using forms of credit enhancement other than traditional mortgage insurance, as discussed in our risk factor titled "The amount of insurance we write could be adversely affected if lenders and investors select alternatives to private mortgage insurance."
If we are unable to compete effectively in the current or any future markets as a result of the financial strength ratings assigned to our insurance subsidiaries, our future new insurance written could be negatively affected.
Changes in the business practices of the GSEs, federal legislation that changes their charters or a restructuring of the GSEs could reduce our revenues or increase our losses.
The GSEs’ charters generally require credit enhancement for a low down payment mortgage loan (a loan with an amount that exceeds 80% of a home’s value) in order for such loan to be eligible for purchase by the GSEs. Lenders generally have used private mortgage insurance to satisfy this credit enhancement requirement. (For information about GSE programs initiated in 2018 that provide for loan level default coverage by various (re)insurers (which may include affiliates of private mortgage insurers), see our risk factor titled "The amount of insurance we write could be adversely affected if lenders and investors select alternatives to private mortgage insurance.") Because low down payment mortgages purchased by the GSEs have generally been insured with private mortgage insurance, the business practices of the GSEs greatly impact our business and include:
the GSEs' private mortgage insurer eligibility requirements, the financial requirements of which are discussed in our risk factor titled “We may not continue to meet the GSEs’ private mortgage insurer eligibility requirements and our returns may decrease if we are required to maintain more capital in order to maintain our eligibility,”
the capital and collateral requirements for participants in the GSEs' alternative forms of credit enhancement discussed in our risk factor titled "The amount of insurance we write could be adversely affected if lenders and investors select alternatives to private mortgage insurance,"
 
the level of private mortgage insurance coverage, subject to the limitations of the GSEs’ charters, when private mortgage insurance is used as the required credit enhancement on low down payment mortgages,
the amount of loan level price adjustments and guaranty fees (which result in higher costs to borrowers) that the GSEs assess on loans that require private mortgage insurance,
whether the GSEs select or influence the mortgage lender’s selection of the mortgage insurer providing coverage,
the underwriting standards that determine which loans are eligible for purchase by the GSEs, which can affect the quality of the risk insured by the mortgage insurer and the availability of mortgage loans,
the terms on which mortgage insurance coverage can be canceled before reaching the cancellation thresholds established by law,
the programs established by the GSEs intended to avoid or mitigate loss on insured mortgages and the circumstances in which mortgage servicers must implement such programs,
the terms that the GSEs require to be included in mortgage insurance policies for loans that they purchase, including limitations on the rescission rights of mortgage insurers,
the extent to which the GSEs intervene in mortgage insurers’ claims paying practices, rescission practices or rescission settlement practices with lenders, and
the maximum loan limits of the GSEs compared to those of the FHA and other investors.
The Federal Housing Finance Agency (“FHFA”) has been the conservator of the GSEs since 2008 and has the authority to control and direct their operations. The increased role that the federal government has assumed in the residential housing finance system through the GSE conservatorship may increase the likelihood that the business practices of the GSEs change, including through administrative action, in ways that have a material adverse effect on us and that the charters of the GSEs are changed by new federal legislation.

In September 2019, at the direction of President Trump, the U.S. Treasury Department ("Treasury") released the “Treasury Housing Reform Plan” (the "Plan"). The Plan recommends administrative and legislative reforms for the housing finance system, with such reforms intended to achieve the goals of ending the conservatorships of the GSEs; increasing competition and participation by the private sector in the mortgage market including by authorizing the FHFA to approve additional guarantors of conventional mortgages in the secondary market, simplifying the qualified mortgage ("QM") rule of the Consumer Financial Protection Bureau ("CFPB"), transferring risk to the private sector, and eliminating the GSE Patch (discussed below); establishing regulation of the GSEs that safeguards their safety and soundness and minimizes the


MGIC Investment Corporation - Q3 2019 | 58


risks they pose to the financial stability of the United States; and providing that the Federal Government is properly compensated for any explicit or implicit support it provides to the GSEs or the secondary housing finance market. Also in September 2019, the Treasury and FHFA entered into a letter agreement that will allow the GSEs to remit less of their earnings to the government, which will help them rebuild their capital.

The impact of the Plan on private mortgage insurance is unclear. It does not refer to mortgage insurance explicitly; however, it refers to a requirement for credit enhancement on high LTV loans, which is a requirement of the current GSE charters. The Plan also indicates that the FHFA should continue to support efforts to expand credit risk transfer ("CRT") programs and should encourage the GSEs to continue to engage in a diverse mix of economically sensible CRT programs, including by increasing reliance on institution-level capital (presumably, as distinguished from capital obtained in the capital markets). For more information about CRT programs, see our risk factor titled "The amount of insurance we write could be adversely affected if lenders and investors select alternatives to private mortgage insurance."

The current GSE Patch expands the definition of QM under the Truth in Lending Act (Regulation Z) ("TILA") to include mortgages eligible to be purchased by the GSEs, even if the mortgages do not meet the debt-to-income ("DTI") ratio limit of 43% included in the standard QM definition. Originating a QM may provide a lender with legal protection from lawsuits that claim the lender failed to verify a borrower’s ability to repay. The GSE Patch is scheduled to expire no later than January 2021. In July 2019, the CFPB released an Advanced Notice of Proposed Rulemaking on the QM definition. The director of the CFPB indicated that the CFPB would consider only a short-term extension of the GSE Patch. Approximately 30%, 24% and 22% of our NIW in the first, second and third quarters of 2019, respectively, was on loans with DTI ratios greater than 43%. However, it is possible that not all future loans with DTI ratios greater than 43% will be affected by a sunset of the GSE Patch, in part because the standard QM definition may be liberalized under the new rules. In this regard, we note that the CFPB asked for comment about whether the definition of QM should retain a direct measure of a consumer’s personal finances (for example, DTI ratio); whether the definition should include an alternative method for assessing financial capacity; whether, if the QM definition retains a DTI ratio limit, the limit should remain 43% or be increased or decreased; and whether loans with DTI ratios above a prescribed limit should be given QM status if certain compensating factors are present. In addition, the Plan indicates that, pending legislation, the GSE Patch should expire; the CFPB should amend its ability-to-repay rule under TILA ("ATR rule") to establish a clear bright line safe harbor that replaces the GSE Patch; and the FHFA and the CFPB should continue to coordinate their efforts to avoid market disruption in connection with the expiration of the GSE Patch and the implementation of any amendments to the CFPB’s ATR rule.

We may insure loans that do not qualify as QMs; however, we are unsure the extent to which lenders will make non-QM loans because they will not be entitled to the presumptions about compliance with the “ability to repay” rules that the law allows with respect to QM loans. We are also unsure the extent to which lenders will purchase private mortgage insurance for loans that cannot be sold to the GSEs.
 
The rule that includes the QM definition that applies to loans insured by the FHA was issued by the Department of Housing and Urban Development (“HUD”) and that definition is less restrictive than the CFPB’s definition in certain respects, including that (i) it has no DTI ratio limit, and (ii) it allows the lender certain presumptions about compliance with the ATR rule on higher priced loans. It is possible that, in the future, lenders will prefer FHA-insured loans to loans insured by private mortgage insurance as a result of the FHA’s less restrictive QM definition. However, in September 2019, HUD released its Housing Reform Plan and indicated that the FHA should refocus on its mission of providing housing finance support to low- and moderate-income families that cannot be fulfilled through traditional underwriting. In addition, Treasury's Plan indicated that the FHFA and HUD should develop and implement a specific understanding as to the appropriate roles and overlap between the GSEs and FHA, including with respect to the GSEs’ acquisitions of high LTV and high DTI loans.
As a result of the matters referred to above, it is uncertain what role the GSEs, FHA and private capital, including private mortgage insurance, will play in the residential housing finance system in the future. The timing and impact on our business of any resulting changes is uncertain. Many of the proposed changes would require Congressional action to implement and it is difficult to estimate when Congressional action would be final and how long any associated phase-in period may last.
We are subject to comprehensive regulation and other requirements, which we may fail to satisfy.
We are subject to comprehensive, detailed regulation, including by state insurance departments. Many of these regulations are designed for the protection of our insured policyholders and consumers, rather than for the benefit of investors. Mortgage insurers, including MGIC, have in the past been involved in litigation and regulatory actions related to alleged violations of the anti-referral fee provisions of the Real Estate Settlement Procedures Act ("RESPA"), and the notice provisions of the Fair Credit Reporting Act ("FCRA"). While these proceedings in the aggregate did not result in material liability for MGIC, there can be no assurance that the outcome of future proceedings, if any, under these laws would not have a material adverse effect on us. To the extent that we are construed to make independent credit decisions in connection with our contract underwriting activities, we also could be subject to increased regulatory requirements under the Equal Credit Opportunity Act ("ECOA"), FCRA, and other laws. Under ECOA, examination may also be made of whether a mortgage insurer's underwriting decisions have a disparate impact on persons belonging to a protected class in violation of the law.
Although their scope varies, state insurance laws generally grant broad supervisory powers to agencies or officials to examine insurance companies and enforce rules or exercise discretion affecting almost every significant aspect of the insurance business, including payment for the referral of insurance business, premium rates and discrimination in pricing, and minimum capital requirements. For more information about state capital requirements, see our risk factor titled “State capital requirements may prevent us from continuing to write new insurance on an uninterrupted basis.” For information about regulation of data privacy, see our risk factor titled “We could be


MGIC Investment Corporation - Q3 2019 | 59


adversely affected if personal information on consumers that we maintain is improperly disclosed and our information technology systems may become outdated and we may not be able to make timely modifications to support our products and services.” For more details about the various ways in which our subsidiaries are regulated, see “Business - Regulation” in Item 1 of our Annual Report on Form 10-K filed with the SEC on February 22, 2019.While we believe our practices are in conformity with applicable laws and regulations, it is not possible to predict the eventual scope, duration or outcome of any such reviews or investigations nor is it possible to predict their effect on us or the mortgage insurance industry.
In December 2013, Treasury's Federal Insurance Office released a report that calls for federal standards and oversight for mortgage insurers to be developed and implemented. It is uncertain if and when the standards and oversight will be developed and become effective, and what form they will take.
Your ownership in our company may be diluted by additional capital that we raise or if the holders of our outstanding convertible debt convert that debt into shares of our common stock.
As noted above under our risk factor titled “We may not continue to meet the GSEs’ private mortgage insurer eligibility requirements and our returns may decrease if we are required to maintain more capital in order to maintain our eligibility,” although we are currently in compliance with the requirements of the PMIERs, there can be no assurance that we would not seek to issue non-dilutive debt capital or to raise additional equity capital to manage our capital position under the PMIERs or for other purposes. Any future issuance of equity securities may dilute your ownership interest in our company. In addition, the market price of our common stock could decline as a result of sales of a large number of shares or similar securities in the market or the perception that such sales could occur.
At September 30, 2019, we had outstanding $390 million principal amount of 9% Convertible Junior Subordinated Debentures due in 2063 ("9% Debentures") (of which approximately $133 million was purchased, and is held, by MGIC, and is eliminated on the consolidated balance sheet). The principal amount of the 9% Debentures is currently convertible, at the holder’s option, at a conversion rate, which is subject to adjustment, of 74.0741 common shares per $1,000 principal amount of debentures. This represents a conversion price of approximately $13.50 per share. The payment of dividends by our holding company will result in an adjustment to the conversion rate and price at the end of 2019.
We may redeem the 9% Debentures in whole or in part from time to time, at our option, at a redemption price equal to 100% of the principal amount of the 9% Debentures being redeemed, plus any accrued and unpaid interest, if the closing sale price of our common stock exceeds $17.55 for at least 20 of the 30 trading days preceding notice of the redemption.
We have the right, and may elect, to defer interest payable under the debentures in the future. If a holder elects to convert its debentures, the interest that has been deferred on the debentures being converted is also convertible into shares of our common stock. The conversion rate for such deferred
 
interest is based on the average price that our shares traded at during a 5-day period immediately prior to the election to convert the associated debentures. We may elect to pay cash for some or all of the shares issuable upon a conversion of the debentures.
For a discussion of the dilutive effects of our convertible securities on our earnings per share, see Note 4 – “Earnings Per Share” to our consolidated financial statements in our Annual Report on Form 10-K filed with the SEC on February 22, 2019. As noted above, during 2019 and 2018, we repurchased shares of our common stock and may do so in the future. In addition, we have in the past purchased, and may in the future purchase, our debt securities.



MGIC Investment Corporation - Q3 2019 | 60


Item 2. Unregistered Sale of Equity Securities and Use of Proceeds

Issuer Purchases of Equity Securities
The following table provides information about purchases of MGIC Investment Corporation common stock by us during the three months ended September 30, 2019.
Share repurchases
Period Beginning
 
Period Ending
 
Total number of shares purchased
 
Average price paid per share
 
Total number of shares purchased as part of publicly announced plans or programs
 
Approximate dollar value of shares that may yet be purchased under the programs (1)
July 1, 2019
 
July 31, 2019
 
28,723

 
$
12.96

 
28,723

 
$
199,627,750

August 1, 2019
 
August 31, 2019
 
4,362,776

 
$
12.52

 
4,362,776

 
$
145,001,432

September 1, 2019
 
September 30, 2019
 
1,082,326

 
$
13.11

 
1,082,326

 
$
130,815,385

 
 
 
 
5,473,825

 
$
12.64

 
5,473,825

 
 

(1) 
On March 19, 2019, our Board of Directors authorized a share repurchase program under which we may repurchase up to $200 million of our common stock through the end of 2020. Repurchases may be made from time to time on the open market or through privately negotiated transactions. The repurchase program may be suspended for periods or discontinued at any time.


MGIC Investment Corporation - Q3 2019 | 61


Item 6. Exhibits
The accompanying Index to Exhibits is incorporated by reference in answer to this portion of this Item, and except as otherwise indicated in the next sentence, the Exhibits listed in such Index are filed as part of this Form 10-Q. Exhibit 32 is not filed as part of this Form 10-Q but accompanies this Form 10-Q.

(Part II, Item 6)

Index to exhibits
 
 
 
 
 
 
Exhibit Number
 
Description of Exhibit
 
Certification of CEO under Section 302 of Sarbanes-Oxley Act of 2002 †
 
Certification of CFO under Section 302 of Sarbanes-Oxley Act of 2002 †
 
Certification of CEO and CFO under Section 906 of Sarbanes-Oxley Act of 2002 (as indicated in Item 6 of Part II, this Exhibit is not being “filed”) ††
 
Risk Factors included in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2018, as supplemented by Part II, Item 1A of our Quarterly Report on Form 10-Q for the quarters ended March 31, 2019, June 30, 2019 and September 30, 2019, and through updating of various statistical and other information †
101.INS
 
Inline XBRL Instance Document
101.SCH
 
Inline XBRL Taxonomy Extension Schema Document
 
Inline XBRL Taxonomy Extension Calculation Linkbase Document
 
Inline XBRL Taxonomy Extension Definition Linkbase Document
 
Inline XBRL Taxonomy Extension Label Linkbase Document
 
Inline XBRL Taxonomy Extension Presentation Linkbase Document
104
 
Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

*     Denotes a management contract or compensatory plan.
†    Filed herewith.
††    Furnished herewith.
 



MGIC Investment Corporation - Q3 2019 | 62


SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized, on November 6, 2019.

 
MGIC INVESTMENT CORPORATION
 
 
 
/s/ Nathaniel H. Colson
 
Nathaniel H. Colson
 
Executive Vice President and
 
Chief Financial Officer
 
 
 
/s/ Julie K. Sperber
 
Julie K. Sperber
 
Vice President, Controller and Chief Accounting Officer


MGIC Investment Corporation - Q3 2019 | 63
EX-31.1 2 exhibit311q32019.htm EXHIBIT 31.1 Exhibit


Exhibit 31.1
CERTIFICATIONS

I, Timothy J. Mattke, certify that:

1.
I have reviewed this quarterly report on Form 10-Q of MGIC Investment Corporation;
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.
The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and we have:
 
a)
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
 
b)
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
 
c)
Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
 
d)
Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5.
The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):
 
a)
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
 
b)
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:  November 6, 2019

/s/ Timothy J. Mattke
Timothy J. Mattke
Chief Executive Officer



EX-31.2 3 exhibit312q32019.htm EXHIBIT 31.2 Exhibit


Exhibit 31.2

CERTIFICATIONS

I, Nathan H. Colson, certify that:

1.
I have reviewed this quarterly report on Form 10-Q of MGIC Investment Corporation;
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.
The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and we have:
 
a)
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
 
b)
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
 
c)
Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
 
d)
Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.
The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):
 
a)
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
 
b)
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:  November 6, 2019

/s/ Nathan H. Colson
Nathan H. Colson
Chief Financial Officer



EX-32 4 exhibit32q32019.htm EXHIBIT 32 Exhibit



Exhibit 32

SECTION 1350 CERTIFICATIONS

The undersigned, Timothy J. Mattke, Chief Executive Officer of MGIC Investment Corporation (the "Company"), and Nathan H. Colson, Chief Financial Officer of the Company, certify, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S. C. Section 1350, that to our knowledge:

(1)
the Quarterly Report on Form 10-Q of the Company for the three months ended September 30, 2019 (the "Report") fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
(2)
the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: November 6, 2019

/s/ Timothy J. Mattke
Timothy J. Mattke
Chief Executive Officer
 
/s/ Nathan H. Colson
Nathan H. Colson
Chief Financial Officer



EX-99 5 exhibit99q319.htm EXHIBIT 99 Exhibit


Risk Factors

Risk Factors included in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2018, as supplemented by Part II, Item 1A of our Quarterly Reports on Form 10-Q for the quarters ended March 31, 2019, June 30, 2019, and September 30, 2019, and through updating of various statistical and other information.

As used below, “we,” “our” and “us” refer to MGIC Investment Corporation’s consolidated operations or to MGIC Investment Corporation, as the context requires; and “MGIC” refers to Mortgage Guaranty Insurance Corporation.
Competition or changes in our relationships with our customers could reduce our revenues, reduce our premium yields and / or increase our losses.
The private mortgage insurance industry is highly competitive and is expected to remain so. We believe that we currently compete with other private mortgage insurers based on premium rates, underwriting requirements, financial strength (including based on credit or financial strength ratings), customer relationships, name recognition, reputation, strength of management teams and field organizations, the ancillary products and services provided to lenders and the effective use of technology and innovation in the delivery and servicing of our mortgage insurance products.

Much of the competition in the industry in the last few years has centered on pricing practices which have included: (i) reductions in standard filed rates; (ii) use of customized rates (typically lower than standard rates) that are made available to lenders that meet certain criteria; and (iii) use of a spectrum of filed rates to allow for formulaic, risk-based pricing that may be quickly adjusted within certain parameters (referred to as "risk-based pricing systems").

In the first quarter of 2019, we introduced MiQ™, our risk-based pricing system that establishes our premium rates based on more risk attributes than were considered in 2018. The widespread use of risk-based pricing systems by the private mortgage insurance industry makes it more difficult to compare our rates to those offered by our competitors. We may not be aware of industry rate changes until we observe that our volume of new insurance written ("NIW") has changed. In addition, business under customized rate plans is awarded by certain customers for only a limited period of time. As a result, our volume may fluctuate more than it had in the past.

We monitor various competitive and economic factors while seeking to balance both profitability and market share considerations in developing our pricing strategies. A reduction in our premium rates will reduce our premium yield (net premiums earned divided by the average insurance in force) over time as older insurance policies with higher premium rates run off and new insurance policies with lower premium rates are written. Our premium rates are subject to approval by state regulatory agencies, which can delay or limit our ability to change them, outside of the parameters already approved.
There can be no assurance that our premium rates adequately reflect the risk associated with the underlying mortgage insurance policies. For additional information, see our risk factors titled “The premiums we charge may not be adequate to compensate us for our liabilities for losses and as a result any inadequacy could materially affect our financial condition and results of operations" and "If our risk management programs are not effective in identifying, or adequate in controlling or mitigating, the risks we face, or if the models used in our businesses are inaccurate, it could have a material adverse impact on our business, results of operations and financial condition.
Our relationships with our customers, which may affect the amount of our NIW, could be adversely affected by a variety of factors, including if our premium rates are higher than those of our competitors, our underwriting requirements are more restrictive than those of our competitors, or our customers are dissatisfied with our claims-paying practices (including insurance policy rescissions and claim curtailments). Regarding the concentration of our new business, our largest customer accounted for approximately 5% and 7% of our NIW, and our top ten customers accounted for approximately 24% and 26% of our NIW, in each of 2018 and the first nine months of 2019, respectively.
Certain of our competitors have access to capital at a lower cost than we do (including, through off-shore reinsurance vehicles, which are tax-advantaged). As a result, they may be able to achieve higher after-tax rates of return on their NIW compared to us, which could allow them to leverage reduced premium rates to gain market share, and they may be better positioned to compete outside of traditional mortgage insurance, including by participating in alternative forms of credit enhancement pursued by Fannie Mae and Freddie Mac (the "GSEs") discussed in our risk factor titled "The amount of insurance we write could be adversely affected if lenders and investors select alternatives to private mortgage insurance."
Substantially all of our insurance written since 2008 has been for loans purchased by the GSEs. The current private mortgage insurer eligibility requirements ("PMIERs") of each of the GSEs require a mortgage insurer to maintain a minimum amount of assets to support its insured risk, as discussed in our risk factor titled “We may not continue to meet the GSEs’ private mortgage insurer eligibility requirements and our returns may decrease if we are required to maintain more capital in order to maintain our eligibility.” The PMIERs do not require an insurer to maintain minimum financial strength ratings; however, our financial strength ratings can affect us in the following ways:





A downgrade in our financial strength ratings could result in increased scrutiny of our financial condition by the GSEs and/or our customers, potentially resulting in a decrease in the amount of our new insurance written.
Our ability to participate in the non-GSE mortgage market (the size of which has been limited since 2008, but may grow in the future), could depend on our ability to maintain and improve our investment grade ratings for our mortgage insurance subsidiaries. We could be competitively disadvantaged with some market participants because the financial strength ratings of our insurance subsidiaries are lower than those of some competitors. MGIC's financial strength rating from A.M. Best is A- (with a stable outlook), from Moody’s is Baa1 (with a stable outlook) and from Standard & Poor’s is BBB+ (with a stable outlook).
Financial strength ratings may also play a greater role if the GSEs no longer operate in their current capacities, for example, due to legislative or regulatory action. In addition, although the PMIERs do not require minimum financial strength ratings, the GSEs consider financial strength ratings to be important when using forms of credit enhancement other than traditional mortgage insurance, as discussed in our risk factor titled "The amount of insurance we write could be adversely affected if lenders and investors select alternatives to private mortgage insurance."
If we are unable to compete effectively in the current or any future markets as a result of the financial strength ratings assigned to our insurance subsidiaries, our future new insurance written could be negatively affected.
The amount of insurance we write could be adversely affected if lenders and investors select alternatives to private mortgage insurance.
Alternatives to private mortgage insurance include:
lenders using FHA, VA and other government mortgage insurance programs,
investors using risk mitigation and credit risk transfer techniques other than private mortgage insurance,
lenders and other investors holding mortgages in portfolio and self-insuring, and
lenders originating mortgages using piggyback structures to avoid private mortgage insurance, such as a first mortgage with an 80% loan-to-value ratio and a second mortgage with a 10%, 15% or 20% loan-to-value ratio (referred to as 80-10-10, 80-15-5 or 80-20 loans, respectively) rather than a first mortgage with a 90%, 95% or 100% loan-to-value ratio that has private mortgage insurance.
In 2018, Freddie Mac and Fannie Mae initiated programs with loan level mortgage default coverage provided by various (re)insurers that are not mortgage insurers governed by PMIERs, and that are not selected by the lenders. These programs compete with traditional private mortgage insurance and, due to differences in policy terms, they may offer premium rates that are below prevalent single premium lender paid mortgage insurance ("LPMI") rates. We participate in these programs from time to time. See our risk factor titled “Changes in the business practices of the GSEs, federal legislation that changes their charters or a restructuring of the GSEs could reduce our revenues or increase our losses” for a discussion of various business practices of the GSEs that may be changed, including through expansion or modification of these programs.
The GSEs (and other investors) have also used other forms of credit enhancement that did not involve traditional private mortgage insurance, such as engaging in credit-linked note transactions executed in the capital markets, or using other forms of debt issuances or securitizations that transfer credit risk directly to other investors, including competitors and an affiliate of MGIC; using other risk mitigation techniques in conjunction with reduced levels of private mortgage insurance coverage; or accepting credit risk without credit enhancement.
The FHA's share of the low down payment residential mortgages that were subject to FHA, VA, USDA or primary private mortgage insurance was 29.0% in the first half of 2019, 30.5% in 2018 and 33.9% in 2017. In the past ten years, the FHA’s share has been as low as 29.0% in 2019 and as high as 66.8% in 2009. Factors that influence the FHA’s market share include relative rates and fees, underwriting guidelines and loan limits of the FHA, VA, private mortgage insurers and the GSEs; lenders' perceptions of legal risks under FHA versus GSE programs; flexibility for the FHA to establish new products as a result of federal legislation and programs; returns expected to be obtained by lenders for Ginnie Mae securitization of FHA-insured loans compared to those obtained from selling loans to the GSEs for securitization; and differences in policy terms, such as the ability of a borrower to cancel insurance coverage under certain circumstances. We cannot predict how the factors that affect the FHA’s share of new insurance written will change in the future.
The VA's share of the low down payment residential mortgages that were subject to FHA, VA, USDA or primary private mortgage insurance was 22.6% in the first half of 2019, 22.9% in 2018 and 24.7% in 2017. In the past ten years, the VA’s share has been as low as 14.3% in 2009 and as high as 27.2% in 2016. We believe that the VA’s market share has generally been elevated in recent years because of an increase in the number of borrowers that are eligible for the VA’s program, which offers 100% loan-to-value ratio ("LTV") loans and charges a one-time funding fee that can be included in the loan amount, and because eligible borrowers have opted to use the VA program when refinancing their mortgages.





Changes in the business practices of the GSEs, federal legislation that changes their charters or a restructuring of the GSEs could reduce our revenues or increase our losses.
The GSEs’ charters generally require credit enhancement for a low down payment mortgage loan (a loan with an amount that exceeds 80% of a home’s value) in order for such loan to be eligible for purchase by the GSEs. Lenders generally have used private mortgage insurance to satisfy this credit enhancement requirement. (For information about GSE programs initiated in 2018 that provide for loan level default coverage by various (re)insurers (which may include affiliates of private mortgage insurers), see our risk factor titled "The amount of insurance we write could be adversely affected if lenders and investors select alternatives to private mortgage insurance.") Because low down payment mortgages purchased by the GSEs have generally been insured with private mortgage insurance, the business practices of the GSEs greatly impact our business and include:
the GSEs' private mortgage insurer eligibility requirements, the financial requirements of which are discussed in our risk factor titled “We may not continue to meet the GSEs’ private mortgage insurer eligibility requirements and our returns may decrease if we are required to maintain more capital in order to maintain our eligibility,”
the capital and collateral requirements for participants in the GSEs' alternative forms of credit enhancement discussed in our risk factor titled "The amount of insurance we write could be adversely affected if lenders and investors select alternatives to private mortgage insurance,"
the level of private mortgage insurance coverage, subject to the limitations of the GSEs’ charters, when private mortgage insurance is used as the required credit enhancement on low down payment mortgages,
the amount of loan level price adjustments and guaranty fees (which result in higher costs to borrowers) that the GSEs assess on loans that require private mortgage insurance,
whether the GSEs select or influence the mortgage lender’s selection of the mortgage insurer providing coverage,
the underwriting standards that determine which loans are eligible for purchase by the GSEs, which can affect the quality of the risk insured by the mortgage insurer and the availability of mortgage loans,
the terms on which mortgage insurance coverage can be canceled before reaching the cancellation thresholds established by law,
the programs established by the GSEs intended to avoid or mitigate loss on insured mortgages and the circumstances in which mortgage servicers must implement such programs,
the terms that the GSEs require to be included in mortgage insurance policies for loans that they purchase, including limitations on the rescission rights of mortgage insurers,
the extent to which the GSEs intervene in mortgage insurers’ claims paying practices, rescission practices or rescission settlement practices with lenders, and
the maximum loan limits of the GSEs compared to those of the FHA and other investors.
The Federal Housing Finance Agency (“FHFA”) has been the conservator of the GSEs since 2008 and has the authority to control and direct their operations. The increased role that the federal government has assumed in the residential housing finance system through the GSE conservatorship may increase the likelihood that the business practices of the GSEs change, including through administrative action, in ways that have a material adverse effect on us and that the charters of the GSEs are changed by new federal legislation.

In September 2019, at the direction of President Trump, the U.S. Treasury Department ("Treasury") released the “Treasury Housing Reform Plan” (the "Plan"). The Plan recommends administrative and legislative reforms for the housing finance system, with such reforms intended to achieve the goals of ending the conservatorships of the GSEs; increasing competition and participation by the private sector in the mortgage market including by authorizing the FHFA to approve additional guarantors of conventional mortgages in the secondary market, simplifying the qualified mortgage ("QM") rule of the Consumer Financial Protection Bureau ("CFPB"), transferring risk to the private sector, and eliminating the GSE Patch (discussed below); establishing regulation of the GSEs that safeguards their safety and soundness and minimizes the risks they pose to the financial stability of the United States; and providing that the Federal Government is properly compensated for any explicit or implicit support it provides to the GSEs or the secondary housing finance market. Also in September 2019, the Treasury and FHFA entered into a letter agreement that will allow the GSEs to remit less of their earnings to the government, which will help them rebuild their capital.

The impact of the Plan on private mortgage insurance is unclear. It does not refer to mortgage insurance explicitly; however, it refers to a requirement for credit enhancement on high LTV loans, which is a requirement of the current GSE charters. The Plan also indicates that the FHFA should continue to support efforts to expand credit risk transfer ("CRT") programs and should encourage





the GSEs to continue to engage in a diverse mix of economically sensible CRT programs, including by increasing reliance on institution-level capital (presumably, as distinguished from capital obtained in the capital markets). For more information about CRT programs, see our risk factor titled "The amount of insurance we write could be adversely affected if lenders and investors select alternatives to private mortgage insurance."

The current GSE Patch expands the definition of QM under the Truth in Lending Act (Regulation Z) ("TILA") to include mortgages eligible to be purchased by the GSEs, even if the mortgages do not meet the debt-to-income ("DTI") ratio limit of 43% included in the standard QM definition. Originating a QM may provide a lender with legal protection from lawsuits that claim the lender failed to verify a borrower’s ability to repay. The GSE Patch is scheduled to expire no later than January 2021. In July 2019, the CFPB released an Advanced Notice of Proposed Rulemaking on the QM definition. The director of the CFPB indicated that the CFPB would consider only a short-term extension of the GSE Patch. Approximately 30%, 24% and 22% of our NIW in the first, second and third quarters of 2019, respectively, was on loans with DTI ratios greater than 43%. However, it is possible that not all future loans with DTI ratios greater than 43% will be affected by a sunset of the GSE Patch, in part because the standard QM definition may be liberalized under the new rules. In this regard, we note that the CFPB asked for comment about whether the definition of QM should retain a direct measure of a consumer’s personal finances (for example, DTI ratio); whether the definition should include an alternative method for assessing financial capacity; whether, if the QM definition retains a DTI ratio limit, the limit should remain 43% or be increased or decreased; and whether loans with DTI ratios above a prescribed limit should be given QM status if certain compensating factors are present. In addition, the Plan indicates that, pending legislation, the GSE Patch should expire; the CFPB should amend its ability-to-repay rule under TILA ("ATR rule") to establish a clear bright line safe harbor that replaces the GSE Patch; and the FHFA and the CFPB should continue to coordinate their efforts to avoid market disruption in connection with the expiration of the GSE Patch and the implementation of any amendments to the CFPB’s ATR rule.

We may insure loans that do not qualify as QMs; however, we are unsure the extent to which lenders will make non-QM loans because they will not be entitled to the presumptions about compliance with the “ability to repay” rules that the law allows with respect to QM loans. We are also unsure the extent to which lenders will purchase private mortgage insurance for loans that cannot be sold to the GSEs.
The rule that includes the QM definition that applies to loans insured by the FHA was issued by the Department of Housing and Urban Development (“HUD”) and that definition is less restrictive than the CFPB’s definition in certain respects, including that (i) it has no DTI ratio limit, and (ii) it allows the lender certain presumptions about compliance with the ATR rule on higher priced loans. It is possible that, in the future, lenders will prefer FHA-insured loans to loans insured by private mortgage insurance as a result of the FHA’s less restrictive QM definition. However, in September 2019, HUD released its Housing Reform Plan and indicated that the FHA should refocus on its mission of providing housing finance support to low- and moderate-income families that cannot be fulfilled through traditional underwriting. In addition, Treasury's Plan indicated that the FHFA and HUD should develop and implement a specific understanding as to the appropriate roles and overlap between the GSEs and FHA, including with respect to the GSEs’ acquisitions of high LTV and high DTI loans.
As a result of the matters referred to above, it is uncertain what role the GSEs, FHA and private capital, including private mortgage insurance, will play in the residential housing finance system in the future. The timing and impact on our business of any resulting changes is uncertain. Many of the proposed changes would require Congressional action to implement and it is difficult to estimate when Congressional action would be final and how long any associated phase-in period may last.
We may not continue to meet the GSEs’ private mortgage insurer eligibility requirements and our returns may decrease if we are required to maintain more capital in order to maintain our eligibility.
We must comply with a GSE's PMIERs to be eligible to insure loans delivered to or purchased by that GSE. The PMIERs include financial requirements, as well as business, quality control and certain transaction approval requirements. The financial requirements of the PMIERs require a mortgage insurer’s “Available Assets” (generally only the most liquid assets of an insurer) to equal or exceed its “Minimum Required Assets” (which are based on an insurer’s book of insurance in force and are calculated from tables of factors with several risk dimensions and are subject to a floor amount).
Based on our interpretation of the more restrictive application of PMIERs, as of September 30, 2019, MGIC’s Available Assets totaled $4.5 billion, or $1.2 billion in excess of its Minimum Required Assets. MGIC is in compliance with the PMIERs and eligible to insure loans purchased by the GSEs. In calculating these "Minimum Required Assets," the total credit for risk ceded under our reinsurance transactions is subject to a modest reduction. Our reinsurance transactions are discussed in our risk factor titled "The mix of business we write affects our Minimum Required Assets under the PMIERs, our premium yields and the likelihood of losses occurring." Our existing reinsurance transactions are subject to periodic review by the GSEs and there is a risk we will not receive our current level of credit in future periods for the risk ceded under them. In addition, we may not receive the same level of credit under future transactions that we receive under existing transactions. If MGIC is not allowed certain levels of credit under the PMIERs, under certain circumstances, MGIC may terminate the reinsurance transactions, without penalty.
If MGIC ceases to be eligible to insure loans purchased by one or both of the GSEs, it would significantly reduce the volume of our new business writings. Factors that may negatively impact MGIC’s ability to continue to comply with the financial requirements of the PMIERs include the following:





The GSEs may amend the PMIERs at any time and may make the PMIERs more onerous in the future. The GSEs have indicated that there may be potential future implications for PMIERs based upon feedback the FHFA receives on its June 2018 proposed rule on regulatory capital requirements for the GSEs, which included a framework for determining the capital relief allowed to the GSEs for loans with private mortgage insurance. The FHFA recently indicated that the capital requirements will be finalized no earlier than the end of 2019 and may not be finalized until Spring 2020. Further, any changes to the GSEs' capital and liquidity requirements resulting from the Treasury Housing Reform Plan could have future implications for PMIERs. In addition, the PMIERs provide that the factors that determine Minimum Required Assets will be updated every two years and may be updated more frequently to reflect changes in macroeconomic conditions or loan performance. The GSEs have indicated that they will generally provide notice 180 days prior to the effective date of such updates.
Our future operating results may be negatively impacted by the matters discussed in the rest of these risk factors. Such matters could decrease our revenues, increase our losses or require the use of assets, thereby creating a shortfall in Available Assets.
Should capital be needed by MGIC in the future, capital contributions from our holding company may not be available due to competing demands on holding company resources, including for repayment of debt.
Reinsurance may not always be available or affordable.
As discussed in our risk factor titled "The mix of business we write affects our Minimum Required Assets under the PMIERs, our premium yields and the likelihood of losses occurring," we have in place quota share and excess of loss reinsurance transactions covering a portion of our risk in force. While on an overall basis, the amount of Available Assets that MGIC must hold in order to continue to insure GSE loans is greater under the PMIERs than what state regulation currently requires, these reinsurance transactions mitigate the negative effect of the PMIERs on our returns. However, reinsurance may not always be available to us or available on similar terms, the quota share reinsurance transactions subject us to counterparty credit risk and the GSEs may change the credit they allow under the PMIERs for risk ceded under our reinsurance transactions. If we are unable to obtain reinsurance for NIW, our returns may decrease absent an increase in premium rates. An increase in our premium rates may lead to a decrease in our NIW.
We are involved in legal proceedings and are subject to the risk of additional legal proceedings in the future.
Before paying an insurance claim, we review the loan and servicing files to determine the appropriateness of the claim amount. When reviewing the files, we may determine that we have the right to rescind coverage on the loan. In our SEC reports, we refer to insurance rescissions and denials of claims collectively as “rescissions” and variations of that term. In addition, our insurance policies generally provide that we can reduce or deny a claim if the servicer did not comply with its obligations under our insurance policy. We call such reduction of claims “curtailments.” In recent quarters, an immaterial percentage of claims received in a quarter have been resolved by rescissions. In 2018 and the first nine months of 2019, curtailments reduced our average claim paid by approximately 5.8% and 4.7%, respectively.
Our loss reserving methodology incorporates our estimates of future rescissions, curtailments, and reversals of rescissions and curtailments. A variance between ultimate actual rescission, curtailment and reversal rates and our estimates, as a result of the outcome of litigation, settlements or other factors, could materially affect our losses.
When the insured disputes our right to rescind coverage or curtail claims, we generally engage in discussions in an attempt to settle the dispute. If we are unable to reach a settlement, the outcome of a dispute ultimately may be determined by legal proceedings.
Under ASC 450-20, until a loss associated with settlement discussions or legal proceedings becomes probable and can be reasonably estimated, we consider our claim payment or rescission resolved for financial reporting purposes and do not accrue an estimated loss. Where we have determined that a loss is probable and can be reasonably estimated, we have recorded our best estimate of our probable loss, including recording a probable loss of $23.5 million in the first quarter of 2019. Until settlement negotiations or legal proceedings for which we have recorded a probable loss are concluded (including the receipt of any necessary GSE approvals), it is reasonably possible that we will record an additional loss. In addition to matters for which we have recorded a probable loss, we are involved in other discussions and/or proceedings with insureds with respect to our claims paying practices. Although it is reasonably possible that when all of these matters are resolved we will not prevail in all cases, we are unable to make a reasonable estimate or range of estimates of the potential liability. We estimate the maximum exposure associated with matters where a loss is reasonably possible to be approximately $264 million more than the amount of probable loss we have recorded. This estimate of maximum exposure is based upon currently available information; is subject to significant judgment, numerous assumptions and known and unknown uncertainties; will include an amount for matters for which we have recorded a probable loss until such matters are concluded; will include different matters from time to time; and does not include interest or consequential or exemplary damages. In the third quarter of 2019, we entered into an agreement to settle a claims paying practices dispute for which we previously had recognized a probable loss. There was no additional loss recognized as a result of entering into the agreement, as the settlement amount was consistent with our original estimate of the probable loss. The agreement remains subject to GSE approval.





In addition to the matters described above, we are involved in other legal proceedings in the ordinary course of business. In our opinion, based on the facts known at this time, the ultimate resolution of these ordinary course legal proceedings will not have a material adverse effect on our financial position or results of operations.
We are subject to comprehensive regulation and other requirements, which we may fail to satisfy.
We are subject to comprehensive, detailed regulation, including by state insurance departments. Many of these regulations are designed for the protection of our insured policyholders and consumers, rather than for the benefit of investors. Mortgage insurers, including MGIC, have in the past been involved in litigation and regulatory actions related to alleged violations of the anti-referral fee provisions of the Real Estate Settlement Procedures Act ("RESPA"), and the notice provisions of the Fair Credit Reporting Act ("FCRA"). While these proceedings in the aggregate did not result in material liability for MGIC, there can be no assurance that the outcome of future proceedings, if any, under these laws would not have a material adverse effect on us. To the extent that we are construed to make independent credit decisions in connection with our contract underwriting activities, we also could be subject to increased regulatory requirements under the Equal Credit Opportunity Act ("ECOA"), FCRA, and other laws. Under ECOA, examination may also be made of whether a mortgage insurer's underwriting decisions have a disparate impact on persons belonging to a protected class in violation of the law.
Although their scope varies, state insurance laws generally grant broad supervisory powers to agencies or officials to examine insurance companies and enforce rules or exercise discretion affecting almost every significant aspect of the insurance business, including payment for the referral of insurance business, premium rates and discrimination in pricing, and minimum capital requirements. For more information about state capital requirements, see our risk factor titled “State capital requirements may prevent us from continuing to write new insurance on an uninterrupted basis.” For information about regulation of data privacy, see our risk factor titled “We could be adversely affected if personal information on consumers that we maintain is improperly disclosed and our information technology systems may become outdated and we may not be able to make timely modifications to support our products and services.” For more details about the various ways in which our subsidiaries are regulated, see “Business - Regulation” in Item 1 of our Annual Report on Form 10-K filed with the SEC on February 22, 2019.While we believe our practices are in conformity with applicable laws and regulations, it is not possible to predict the eventual scope, duration or outcome of any such reviews or investigations nor is it possible to predict their effect on us or the mortgage insurance industry.
In December 2013, Treasury's Federal Insurance Office released a report that calls for federal standards and oversight for mortgage insurers to be developed and implemented. It is uncertain if and when the standards and oversight will be developed and become effective, and what form they will take.
If our risk management programs are not effective in identifying, or adequate in controlling or mitigating, the risks we face, or if the models used in our businesses are inaccurate, it could have a material adverse impact on our business, results of operations and financial condition.
Our enterprise risk management program, described in "Business - Our Products and Services - Risk Management" in Item 1 of our Annual Report on Form 10-K filed with the SEC on February 22, 2019, may not be effective in identifying, or adequate in controlling or mitigating, the risks we face in our business.
We employ proprietary and third party models to project returns, price products (including through our new risk-based pricing system), determine the techniques used to underwrite insurance, calculate reserves, generate projections used to estimate future pre-tax income and to evaluate loss recognition testing, evaluate risk, determine internal capital requirements, perform stress testing, and for other uses. These models rely on estimates and projections that are inherently uncertain and may not operate as intended. In addition, from time to time we seek to improve certain models, and the conversion process may result in material changes to assumptions, including those about returns and financial results. The models we employ are complex, which increases our risk of error in their design, implementation or use. Also, the associated input data, assumptions and calculations may not be correct, and the controls we have in place to mitigate that risk may not be effective in all cases. The risks related to our models may increase when we change assumptions and/or methodologies, or when we add or change modeling platforms. We have enhanced, and we intend to continue to enhance, our modeling capabilities. Moreover, we may use information we receive through enhancements to refine or otherwise change existing assumptions and/or methodologies.
Because we establish loss reserves only upon a loan delinquency rather than based on estimates of our ultimate losses on risk in force, losses may have a disproportionate adverse effect on our earnings in certain periods.
In accordance with accounting principles generally accepted in the United States, we establish reserves for insurance losses and loss adjustment expenses only when notices of default on insured mortgage loans are received and for loans we estimate are in default but for which notices of default have not yet been reported to us by the servicers (this is often referred to as “IBNR”). Because our reserving method does not take account of losses that could occur from loans that are not delinquent, such losses are not reflected in our financial statements, except in the case where a premium deficiency exists. As a result, future losses on loans that are not currently delinquent may have a material impact on future results as such losses emerge.





Because loss reserve estimates are subject to uncertainties, paid claims may be substantially different than our loss reserves.
When we establish reserves, we estimate the ultimate loss on delinquent loans using estimated claim rates and claim amounts. The estimated claim rates and claim amounts represent our best estimates of what we will actually pay on the loans in default as of the reserve date and incorporate anticipated mitigation from rescissions and curtailments. The establishment of loss reserves is subject to inherent uncertainty and requires judgment by management. The actual amount of the claim payments may be substantially different than our loss reserve estimates. Our estimates could be affected by several factors, including a change in regional or national economic conditions, and a change in the length of time loans are delinquent before claims are received. The change in conditions may include changes in unemployment, affecting borrowers’ income and thus their ability to make mortgage payments, and changes in home prices, which may affect borrower willingness to continue to make mortgage payments when the value of the home is below the mortgage balance. Changes to our estimates could have a material impact on our future results, even in a stable economic environment. In addition, historically, losses incurred have followed a seasonal trend in which the second half of the year has weaker credit performance than the first half, with higher new default notice activity and a lower cure rate.
We rely on our management team and our business could be harmed if we are unable to retain qualified personnel or successfully develop and/or recruit their replacements.
Our success depends, in part, on the skills, working relationships and continued services of our management team and other key personnel. The unexpected departure of key personnel could adversely affect the conduct of our business. In such event, we would be required to obtain other personnel to manage and operate our business. In addition, we will be required to replace the knowledge and expertise of our aging workforce as our workers retire. In either case, there can be no assurance that we would be able to develop or recruit suitable replacements for the departing individuals; that replacements could be hired, if necessary, on terms that are favorable to us; or that we can successfully transition such replacements in a timely manner. We currently have not entered into any employment agreements with our officers or key personnel. Volatility or lack of performance in our stock price may affect our ability to retain our key personnel or attract replacements should key personnel depart. Without a properly skilled and experienced workforce, our costs, including productivity costs and costs to replace employees may increase, and this could negatively impact our earnings.
If the volume of low down payment home mortgage originations declines, the amount of insurance that we write could decline.
The factors that may affect the volume of low down payment mortgage originations include:
restrictions on mortgage credit due to more stringent underwriting standards, liquidity issues or risk-retention and/or capital requirements affecting lenders,
the level of home mortgage interest rates,
the health of the domestic economy as well as conditions in regional and local economies and the level of consumer confidence,
housing affordability,
new and existing housing availability,
the rate of household formation, which is influenced, in part, by population and immigration trends,
the rate of home price appreciation, which in times of heavy refinancing can affect whether refinanced loans have loan-to-value ratios that require private mortgage insurance, and
government housing policy encouraging loans to first-time homebuyers.
A decline in the volume of low down payment home mortgage originations could decrease demand for mortgage insurance and limit our NIW. For other factors that could decrease the demand for mortgage insurance, see our risk factor titled “The amount of insurance we write could be adversely affected if lenders and investors select alternatives to private mortgage insurance.”
State capital requirements may prevent us from continuing to write new insurance on an uninterrupted basis.
The insurance laws of 16 jurisdictions, including Wisconsin, MGIC's domiciliary state, require a mortgage insurer to maintain a minimum amount of statutory capital relative to its risk in force (or a similar measure) in order for the mortgage insurer to continue to write new business. We refer to these requirements as the “State Capital Requirements.” While they vary among jurisdictions, the most common State Capital Requirements allow for a maximum risk-to-capital ratio of 25 to 1. A risk-to-capital ratio will increase if (i) the percentage decrease in capital exceeds the percentage decrease in insured risk, or (ii) the percentage increase in capital is less than the percentage increase in insured risk. Wisconsin does not regulate capital by using a risk-to-capital measure but





instead requires a minimum policyholder position (“MPP”). The “policyholder position” of a mortgage insurer is its net worth or surplus, contingency reserve and a portion of the reserves for unearned premiums.
At September 30, 2019, MGIC’s risk-to-capital ratio was 9.9 to 1, below the maximum allowed by the jurisdictions with State Capital Requirements, and its policyholder position was $2.9 billion above the required MPP of $1.6 billion. Our risk-to-capital ratio and MPP reflect full credit for the risk ceded under our quota share reinsurance and excess of loss transactions with unaffiliated reinsurers. It is possible that under the revised State Capital Requirements discussed below, MGIC will not be allowed full credit for the risk ceded under such transactions. If MGIC is not allowed an agreed level of credit under the State Capital Requirements, MGIC may terminate the reinsurance transactions, without penalty. At this time, we expect MGIC to continue to comply with the current State Capital Requirements; however, you should read the rest of these risk factors for information about matters that could negatively affect such compliance. At September 30, 2019, the risk-to-capital ratio of our combined insurance operations was 9.8 to 1.
The NAIC has previously announced plans to revise the minimum capital and surplus requirements for mortgage insurers that are provided for in its Mortgage Guaranty Insurance Model Act. In May 2016, a working group of state regulators released an exposure draft of a risk-based capital framework to establish capital requirements for mortgage insurers, although no date has been established by which the NAIC must propose revisions to the capital requirements and certain items have not yet been completely addressed by the framework, including the treatment of ceded risk, minimum capital floors, and action level triggers. Currently we believe that the PMIERs contain more restrictive capital requirements than the draft Mortgage Guaranty Insurance Model Act in most circumstances.
While MGIC currently meets, and expects to continue to meet, the State Capital Requirements of Wisconsin and all other jurisdictions, it could be prevented from writing new business in the future in all jurisdictions if it fails to meet the State Capital Requirements of Wisconsin, or it could be prevented from writing new business in a particular jurisdiction if it fails to meet the State Capital Requirements of that jurisdiction, and in each case MGIC does not obtain a waiver of such requirements. It is possible that regulatory action by one or more jurisdictions, including those that do not have specific State Capital Requirements, may prevent MGIC from continuing to write new insurance in such jurisdictions. If we are unable to write business in a particular jurisdiction, lenders may be unwilling to procure insurance from us anywhere. In addition, a lender’s assessment of the future ability of our insurance operations to meet the State Capital Requirements or the PMIERs may affect its willingness to procure insurance from us. In this regard, see our risk factor titled “Competition or changes in our relationships with our customers could reduce our revenues, reduce our premium yields and/or increase our losses.” A possible future failure by MGIC to meet the State Capital Requirements or the PMIERs will not necessarily mean that MGIC lacks sufficient resources to pay claims on its insurance liabilities. While we believe MGIC has sufficient claims paying resources to meet its claim obligations on its insurance in force on a timely basis, you should read the rest of these risk factors for information about matters that could negatively affect MGIC’s claims paying resources.
Downturns in the domestic economy or declines in the value of borrowers’ homes from their value at the time their loans closed may result in more homeowners defaulting and our losses increasing, with a corresponding decrease in our returns.
Losses result from events that reduce a borrower’s ability or willingness to continue to make mortgage payments, such as unemployment, health issues, family status, and whether the home of a borrower who defaults on his mortgage can be sold for an amount that will cover unpaid principal and interest and the expenses of the sale. In general, favorable economic conditions reduce the likelihood that borrowers will lack sufficient income to pay their mortgages and also favorably affect the value of homes, thereby reducing and in some cases even eliminating a loss from a mortgage default. A deterioration in economic conditions, including an increase in unemployment, generally increases the likelihood that borrowers will not have sufficient income to pay their mortgages and can also adversely affect home prices, which in turn can influence the willingness of borrowers with sufficient resources to make mortgage payments to do so when the mortgage balance exceeds the value of the home. Home prices may decline even absent a deterioration in economic conditions due to declines in demand for homes, which in turn may result from changes in buyers’ perceptions of the potential for future appreciation, restrictions on and the cost of mortgage credit due to more stringent underwriting standards, higher interest rates generally, changes to the deductibility of mortgage interest for income tax purposes, decreases in the rate of household formations, or other factors. Changes in home prices and unemployment levels are inherently difficult to forecast given the uncertainty in the current market environment, including uncertainty about the effect of actions the federal government has taken and may take with respect to tax policies, mortgage finance programs and policies, and housing finance reform.
The mix of business we write affects our Minimum Required Assets under the PMIERs, our premium yields and the likelihood of losses occurring.
The Minimum Required Assets under the PMIERs are, in part, a function of the direct risk-in-force and the risk profile of the loans we insure, considering loan-to-value ratio, credit score, vintage, Home Affordable Refinance Program ("HARP") status and delinquency status; and whether the loans were insured under lender-paid mortgage insurance policies or other policies that are not subject to automatic termination consistent with the Homeowners Protection Act requirements for borrower paid mortgage insurance. Therefore, if our direct risk-in-force increases through increases in NIW, or if our mix of business changes to include loans with higher loan-to-value ratios or lower FICO scores, for example, or if we insure a higher percentage of loans under lender-





paid mortgage insurance policies, all other things equal, we will be required to hold more Available Assets in order to maintain GSE eligibility.
The minimum capital required by the risk-based capital framework contained in the exposure draft released by the NAIC in May 2016 would be, in part, a function of certain loan and economic factors, including property location, loan-to-value ratio and credit score; general underwriting quality in the market at the time of loan origination; the age of the loan; and the premium rate we charge. Depending on the provisions of the capital requirements when they are released in final form and become effective, our mix of business may affect the minimum capital we are required to hold under the new framework.
The percentage of our NIW from all single-premium policies has ranged from approximately 10% in 2013 to 19% in 2017 and was 17% in 2018 and 16% in the first nine months of 2019. Depending on the actual life of a single premium policy and its premium rate relative to that of a monthly premium policy, a single premium policy may generate more or less premium than a monthly premium policy over its life.
We have in place quota share reinsurance ("QSR") transactions with unaffiliated reinsurers that cover most of our insurance written from 2013 through 2019, and a portion of our insurance written prior to 2013. Although the transactions reduce our premiums, they have a lesser impact on our overall results, as losses ceded under the transactions reduce our losses incurred and the ceding commissions we receive reduce our underwriting expenses. The effect of the QSR transactions on the various components of pre-tax income will vary from period to period, depending on the level of ceded losses.
In 2018 and 2019, MGIC entered into reinsurance agreements that provide excess-of-loss reinsurance coverage for a portion of the risk associated with certain mortgage insurance policies having an insurance coverage in force date on or after July 1, 2016 and before April 1, 2019. The transactions were entered into with special purpose insurers that issued notes linked to the reinsurance coverage ("Insurance Linked Notes" or "ILNs"). We expect that we may enter into other ILN transactions if capital market conditions remain favorable.
In addition to the effect of reinsurance on our premiums, we expect a decline in our premium yield because an increasing percentage of our insurance in force is from recent book years whose premium rates have been trending lower.
Our ability to rescind insurance coverage became more limited for insurance we wrote beginning in mid-2012, which, as of September 30, 2019, represents approximately 86% of our flow, primary insurance in force. As a result of revised PMIERs requirements, we have revised our master policy and expect it to be effective for new insurance written beginning March 1, 2020, subject to state regulatory approvals. Our ability to rescind insurance coverage will become further limited for insurance we write under the new master policy, potentially resulting in higher losses than would be the case under our existing master policies.
From time to time, in response to market conditions, we change the types of loans that we insure and the requirements under which we insure them. We also change our underwriting guidelines, in part through aligning most of them with Fannie Mae and Freddie Mac for loans that receive and are processed in accordance with certain approval recommendations from a GSE automated underwriting system. We also make exceptions to our underwriting requirements on a loan-by-loan basis and for certain customer programs. Our underwriting requirements are available on our website at http://www.mgic.com/underwriting/index.html.
Even when home prices are stable or rising, mortgages with certain characteristics have higher probabilities of claims. As of September 30, 2019, mortgages with these characteristics in our primary risk in force included mortgages with LTV ratios greater than 95% (15.5%), loans with borrowers having FICO scores below 620 (2.1%), mortgages with borrowers having FICO scores of 620-679 (9.5%), mortgages with limited underwriting, including limited borrower documentation (1.8%), and mortgages with borrowers having DTI ratios greater than 45% (or where no ratio is available) (14.5%), each attribute as determined at the time of loan origination. An individual loan may have more than one of these attributes.
Beginning in 2017, the percentage of NIW that we have written on mortgages with LTV ratios greater than 95% and mortgages with DTI ratios greater than 45% has increased, although the percentage of NIW that we have written on mortgages with DTI ratios greater than 45% has declined in 2019 from its 2018 level. In 2018, we started considering DTI ratios when setting our premium rates, and we changed our methodology for calculating DTI ratios for pricing and eligibility purposes to exclude the impact of mortgage insurance premiums. As a result of this change, loan originators may have changed the information they provide to us. Although we have revised our operational procedures to account for this possibility, we cannot be sure that the DTI ratio we report for each loan beginning in late 2018 includes the related mortgage insurance premiums in the calculation. In addition, we expect to insure certain loans that would not have previously met our guidelines and to offer premium rates for certain loans lower than would have been offered under our previous methodology.





The widespread use of risk-based pricing systems by the private mortgage insurance industry (discussed in our risk factor titled "Competition or changes in our relationships with our customers could reduce our revenues, reduce our premium yields and / or increase our losses") will make it more difficult to compare our premium rates to those offered by our competitors. We may not be aware of industry rate changes until we observe that our mix of new insurance written has changed and our mix may fluctuate more as a result.
If state or federal regulations or statutes are changed in ways that ease mortgage lending standards and/or requirements, or if lenders seek ways to replace business in times of lower mortgage originations, it is possible that more mortgage loans could be originated with higher risk characteristics than are currently being originated, such as loans with lower FICO scores and higher DTIs. Lenders could pressure mortgage insurers to insure such loans, which are expected to experience higher claim rates. Although we attempt to incorporate these higher expected claim rates into our underwriting and pricing models, there can be no assurance that the premiums earned and the associated investment income will be adequate to compensate for actual losses even under our current underwriting requirements. We do, however, believe that our insurance written beginning in the second half of 2008 will generate underwriting profits.
The premiums we charge may not be adequate to compensate us for our liabilities for losses and as a result any inadequacy could materially affect our financial condition and results of operations.
We set premiums at the time a policy is issued based on our expectations regarding likely performance of the insured risks over the long term. Our premiums are subject to approval by state regulatory agencies, which can delay or limit our ability to increase our premiums. Generally, we cannot cancel mortgage insurance coverage or adjust renewal premiums during the life of a mortgage insurance policy. As a result, higher than anticipated claims generally cannot be offset by premium increases on policies in force or mitigated by our non-renewal or cancellation of insurance coverage. The premiums we charge, the investment income we earn and the amount of reinsurance we carry may not be adequate to compensate us for the risks and costs associated with the insurance coverage provided to customers. An increase in the number or size of claims, compared to what we anticipate, could adversely affect our results of operations or financial condition. Our premium rates are also based in part on the amount of capital we are required to hold against the insured risk. If the amount of capital we are required to hold increases from the amount we were required to hold when a policy was written, we cannot adjust premiums to compensate for this and our returns may be lower than we assumed.
The losses we have incurred on our 2005-2008 books of business have exceeded our premiums from those books. The incurred losses from those books, although declining, continue to generate a material portion of our total incurred losses. The ultimate amount of these losses will depend in part on general economic conditions, including unemployment, and the direction of home prices.
We are susceptible to disruptions in the servicing of mortgage loans that we insure.
We depend on reliable, consistent third-party servicing of the loans that we insure. Over the last several years, the mortgage loan servicing industry has experienced consolidation and an increase in the number of specialty servicers servicing delinquent loans. The resulting change in the composition of servicers could lead to disruptions in the servicing of mortgage loans covered by our insurance policies. Further changes in the servicing industry resulting in the transfer of servicing could cause a disruption in the servicing of delinquent loans which could reduce servicers’ ability to undertake mitigation efforts that could help limit our losses. Future housing market conditions could lead to additional increases in delinquencies and transfers of servicing.
Changes in interest rates, house prices or mortgage insurance cancellation requirements may change the length of time that our policies remain in force.
The premium from a single premium policy is collected upfront and generally earned over the estimated life of the policy. In contrast, premiums from a monthly premium policy are received and earned each month over the life of the policy. In each year, most of our premiums earned are from insurance that has been written in prior years. As a result, the length of time insurance remains in force, which is generally measured by persistency (the percentage of our insurance remaining in force from one year prior), is a significant determinant of our revenues. Future premiums on our monthly premium policies in force represent a material portion of our claims paying resources and a low persistency rate will reduce those future premiums. In contrast, a higher than expected persistency rate will decrease the profitability from single premium policies because they will remain in force longer than was estimated when the policies were written.
Our persistency rate was 78.6% at September 30, 2019, 81.7% at December 31, 2018, and 80.1% at December 31, 2017. Since 2000, our year-end persistency ranged from a high of 84.7% at December 31, 2009 to a low of 47.1% at December 31, 2003.
Our persistency rate is primarily affected by the level of current mortgage interest rates compared to the mortgage coupon rates on our insurance in force, which affects the vulnerability of the insurance in force to refinancing. Our persistency rate is also affected by the mortgage insurance cancellation policies of mortgage investors along with the current value of the homes underlying the mortgages in the insurance in force. In 2018, the GSEs announced changes to various mortgage insurance termination requirements





that are intended to further simplify the process of evaluating borrower-initiated requests for mortgage insurance termination and may reduce our persistency rate in the future.
Our holding company debt obligations materially exceed our holding company cash and investments.
At September 30, 2019, we had approximately $308 million in cash and investments at our holding company and our holding company’s debt obligations were $815 million in aggregate principal amount, consisting of $425 million of 5.75% Senior Notes due in 2023 ("5.75% Notes") and $390 million of 9% Debentures (of which approximately $133 million was purchased, and is held, by MGIC, and is eliminated on the consolidated balance sheet). Annual debt service on the 5.75% Notes and 9% Debentures outstanding as of September 30, 2019, is approximately $60 million (of which approximately $12 million will be paid to MGIC and will be eliminated on the consolidated statement of operations).
The 5.75% Senior Notes and 9% Debentures are obligations of our holding company, MGIC Investment Corporation, and not of its subsidiaries. The payment of dividends from our insurance subsidiaries which, other than investment income and raising capital in the public markets, is the principal source of our holding company cash inflow, is restricted by insurance regulation. MGIC is the principal source of dividends, and in the first nine months of 2019 and in 2018, it paid a total of $210 million and $220 million, respectively, in dividends to our holding company. We expect MGIC to pay dividends of at least $280 million in 2020, subject to approval by its Board of Directors. We ask the OCI not to object before MGIC pays dividends.
In the first three quarters of 2019 and in 2018, we repurchased approximately 7.3 million and 16.0 million shares of our common stock, respectively, using approximately $94 million and $175 million of holding company resources, respectively. We may repurchase up to an additional $131 million of our common stock through the end of 2020 under a share repurchase program approved by our Board of Directors in the first quarter of 2019. Repurchases may be made from time to time on the open market or through privately negotiated transactions. The repurchase program may be suspended for periods or discontinued at any time. If any additional capital contributions to our subsidiaries were required, such contributions would decrease our holding company cash and investments. As described in our Current Report on Form 8-K filed on February 11, 2016, MGIC borrowed $155 million from the Federal Home Loan Bank of Chicago. This is an obligation of MGIC and not of our holding company.
Your ownership in our company may be diluted by additional capital that we raise or if the holders of our outstanding convertible debt convert that debt into shares of our common stock.
As noted above under our risk factor titled “We may not continue to meet the GSEs’ private mortgage insurer eligibility requirements and our returns may decrease if we are required to maintain more capital in order to maintain our eligibility,” although we are currently in compliance with the requirements of the PMIERs, there can be no assurance that we would not seek to issue non-dilutive debt capital or to raise additional equity capital to manage our capital position under the PMIERs or for other purposes. Any future issuance of equity securities may dilute your ownership interest in our company. In addition, the market price of our common stock could decline as a result of sales of a large number of shares or similar securities in the market or the perception that such sales could occur.
At September 30, 2019, we had outstanding $390 million principal amount of 9% Convertible Junior Subordinated Debentures due in 2063 ("9% Debentures") (of which approximately $133 million was purchased, and is held, by MGIC, and is eliminated on the consolidated balance sheet). The principal amount of the 9% Debentures is currently convertible, at the holder’s option, at a conversion rate, which is subject to adjustment, of 74.0741 common shares per $1,000 principal amount of debentures. This represents a conversion price of approximately $13.50 per share. The payment of dividends by our holding company will result in an adjustment to the conversion rate and price at the end of 2019.
We may redeem the 9% Debentures in whole or in part from time to time, at our option, at a redemption price equal to 100% of the principal amount of the 9% Debentures being redeemed, plus any accrued and unpaid interest, if the closing sale price of our common stock exceeds $17.55 for at least 20 of the 30 trading days preceding notice of the redemption.
We have the right, and may elect, to defer interest payable under the debentures in the future. If a holder elects to convert its debentures, the interest that has been deferred on the debentures being converted is also convertible into shares of our common stock. The conversion rate for such deferred interest is based on the average price that our shares traded at during a 5-day period immediately prior to the election to convert the associated debentures. We may elect to pay cash for some or all of the shares issuable upon a conversion of the debentures.
For a discussion of the dilutive effects of our convertible securities on our earnings per share, see Note 4 – “Earnings Per Share” to our consolidated financial statements in our Annual Report on Form 10-K filed with the SEC on February 22, 2019. As noted above, during 2019 and 2018, we repurchased shares of our common stock and may do so in the future. In addition, we have in the past purchased, and may in the future purchase, our debt securities.
The price of our common stock may fluctuate significantly, which may make it difficult for holders to resell common stock when they want or at a price they find attractive.





The market price for our common stock may fluctuate significantly. In addition to the risk factors described herein, the following factors may have an adverse impact on the market price for our common stock: announcements by us or our competitors of acquisitions or strategic initiatives; our actual or anticipated quarterly and annual operating results; changes in expectations of future financial performance (including incurred losses on our insurance in force); changes in estimates of securities analysts or rating agencies; actual or anticipated changes in our share repurchase program or dividends; changes in general conditions in the economy, the mortgage insurance industry or the financial markets; changes in operating performance or market valuation of companies in the mortgage insurance industry; the addition or departure of key personnel; changes in tax law; and adverse press or news announcements affecting us or the industry. In addition, ownership by certain types of investors may affect the market price and trading volume of our common stock. For example, ownership in our common stock by investors such as index funds and exchange-traded funds can affect the stock’s price when those investors must purchase or sell our common stock because the investors have experienced significant cash inflows or outflows, the index to which our common stock belongs has been rebalanced, or our common stock is added to and/or removed from an index (due to changes in our market capitalization, for example).
We could be adversely affected if personal information on consumers that we maintain is improperly disclosed and our information technology systems may become outdated and we may not be able to make timely modifications to support our products and services.
As part of our business, we maintain large amounts of personal information on consumers. Federal and state laws designed to promote the protection of personal information of consumers require businesses that collect or maintain consumer information to adopt information security programs, notify individuals, and in some jurisdictions, regulatory authorities, of security breaches involving personally identifiable information and may require free credit monitoring services to be provided to individuals affected by security breaches. While we believe we have appropriate information security policies and systems to prevent unauthorized disclosure, there can be no assurance that unauthorized disclosure, either through the actions of third parties or employees, will not occur. Unauthorized disclosure could adversely affect our reputation, result in a loss of business and expose us to material claims for damages.
We rely on the efficient and uninterrupted operation of complex information technology systems. All information technology systems are potentially vulnerable to damage or interruption from a variety of sources, including through the actions of third parties. Due to our reliance on our information technology systems, their damage or interruption could severely disrupt our operations, which could have a material adverse effect on our business, business prospects and results of operations.
In addition, we are in the process of upgrading certain of our information systems that have been in place for a number of years and continue to deploy and enhance our risk-based pricing system. The implementation of these technological improvements, as well as their integration with customer systems when applicable, is complex, expensive and time consuming. If we fail to timely and successfully implement and integrate the new technology systems, or if the systems do not operate as expected, it could have an adverse impact on our business, business prospects and results of operations.
Our success depends, in part, on our ability to manage risks in our investment portfolio.
Our investment portfolio is an important source of revenue and is our primary source of claims paying resources. Although our investment portfolio consists mostly of highly-rated fixed income investments, our investment portfolio is affected by general economic conditions and tax policy, which may adversely affect the markets for credit and interest-rate-sensitive securities, including the extent and timing of investor participation in these markets, the level and volatility of interest rates and credit spreads and, consequently, the value of our fixed income securities, and as such, we may not achieve our investment objectives. Volatility or lack of liquidity in the markets in which we hold securities has at times reduced the market value of some of our investments, and if this worsens substantially it could have a material adverse effect on our liquidity, financial condition and results of operations.
For the significant portion of our investment portfolio that is held by MGIC, to receive full capital credit under insurance regulatory requirements and under the PMIERs, we generally are limited to investing in investment grade fixed income securities whose yields reflect their lower credit risk profile. Our investment income depends upon the size of the portfolio and its reinvestment at prevailing interest rates. A prolonged period of low investment yields would have an adverse impact on our investment income as would a decrease in the size of the portfolio.
In addition, we structure our investment portfolio to satisfy our expected liabilities, including claim payments in our mortgage insurance business. If we underestimate our liabilities or improperly structure our investments to meet these liabilities, we could have unexpected losses resulting from the forced liquidation of fixed income investments before their maturity, which could adversely affect our results of operations.
Our financial results may be adversely impacted by natural disasters; hurricanes and other natural disasters may impact our incurred losses, the amount and timing of paid claims, our inventory of notices of default and our Minimum Required Assets under PMIERs.
Natural disasters, such as hurricanes, tornadoes, earthquakes, wildfires and floods, could trigger an economic downturn in the affected areas, which could result in a decline in our business and an increased claim rate on policies in those areas. Natural





disasters could lead to a decrease in home prices in the affected areas, which could result in an increase in claim severity on policies in those areas. If we were to attempt to limit our new insurance written in disaster-prone areas, lenders may be unwilling to procure insurance from us anywhere.
Natural disasters could also lead to increased reinsurance rates or reduced availability of reinsurance. This may cause us to retain more risk than we otherwise would retain and could negatively affect our compliance with the financial requirements of the PMIERs.
The PMIERs require us to maintain significantly more "Minimum Required Assets" for delinquent loans than for performing loans; however, the increase in Minimum Required Assets is not as great for certain delinquent loans in areas that the Federal Emergency Management Agency has declared major disaster areas. An increase in delinquency notices resulting from a natural disaster may result in an increase in "Minimum Required Assets" and a decrease in the level of our excess "Available Assets" which is discussed in our risk factor titled "We may not continue to meet the GSEs’ private mortgage insurer eligibility requirements and our returns may decrease if we are required to maintain more capital in order to maintain our eligibility."




EX-101.SCH 6 mtg-20190930.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 2110100 - Disclosure - Benefit Plans link:presentationLink link:calculationLink link:definitionLink 2410402 - Disclosure - Benefit Plans (Details) link:presentationLink link:calculationLink link:definitionLink 2310301 - Disclosure - Benefit Plans (Tables) link:presentationLink link:calculationLink link:definitionLink 1001000 - Statement - CONSOLIDATED BALANCE SHEETS link:presentationLink link:calculationLink link:definitionLink 1001501 - Statement - CONSOLIDATED BALANCE SHEETS (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 1005000 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS link:presentationLink link:calculationLink link:definitionLink 1003000 - Statement - CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME link:presentationLink link:calculationLink link:definitionLink 1002000 - Statement - CONSOLIDATED STATEMENTS OF OPERATIONS link:presentationLink link:calculationLink link:definitionLink 1004000 - Statement - CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY link:presentationLink link:calculationLink link:definitionLink 2103100 - Disclosure - Debt link:presentationLink link:calculationLink link:definitionLink 2403403 - Disclosure - Debt - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2403402 - Disclosure - Debt - Summary of Debt Obligations (Details) link:presentationLink link:calculationLink link:definitionLink 2303301 - Disclosure - Debt (Tables) link:presentationLink link:calculationLink link:definitionLink 0001000 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 2106100 - Disclosure - Earnings per Share link:presentationLink link:calculationLink link:definitionLink 2406402 - Disclosure - Earnings per Share (Details) link:presentationLink link:calculationLink link:definitionLink 2306301 - Disclosure - Earnings per Share (Tables) link:presentationLink link:calculationLink link:definitionLink 2108100 - Disclosure - Fair Value Measurements link:presentationLink link:calculationLink link:definitionLink 2408404 - Disclosure - Fair Value Measurements - Assets and Liabilities Not Measured at Fair Value (Details) link:presentationLink link:calculationLink link:definitionLink 2408402 - Disclosure - Fair Value Measurements (Details) link:presentationLink link:calculationLink link:definitionLink 2308301 - Disclosure - Fair Value Measurements (Tables) link:presentationLink link:calculationLink link:definitionLink 2408403 - Disclosure - Fair Value Measurements - Unobservable Input Reconciliation (Details) link:presentationLink link:calculationLink link:definitionLink 2107100 - Disclosure - Investments link:presentationLink link:calculationLink link:definitionLink 2407403 - Disclosure - Investments - Amortized Cost and Fair Values of Debt Securities (Details) link:presentationLink link:calculationLink link:definitionLink 2407402 - Disclosure - Investments (Details) link:presentationLink link:calculationLink link:definitionLink 2407404 - Disclosure - Investments - Equity Securities (Details) link:presentationLink link:calculationLink link:definitionLink 2407405 - Disclosure - Investments - Securities In Unrealized Loss Position (Details) link:presentationLink link:calculationLink link:definitionLink 2307301 - Disclosure - Investments (Tables) link:presentationLink link:calculationLink link:definitionLink 2105100 - Disclosure - Litigation and Contingencies link:presentationLink link:calculationLink link:definitionLink 2405401 - Disclosure - Litigation and Contingencies (Details) link:presentationLink link:calculationLink link:definitionLink 2112100 - Disclosure - Loss Reserves link:presentationLink link:calculationLink link:definitionLink 2412404 - Disclosure - Loss Reserves - Delinquent Items (Details) link:presentationLink link:calculationLink link:definitionLink 2412402 - Disclosure - Loss Reserves (Details) link:presentationLink link:calculationLink link:definitionLink 2412403 - Disclosure - Loss Reserves - Reconciliation of Beginning and Ending Balances (Details) link:presentationLink link:calculationLink link:definitionLink 2312301 - Disclosure - Loss Reserves (Tables) link:presentationLink link:calculationLink link:definitionLink 2101100 - Disclosure - Nature of Business and Basis of Presentation link:presentationLink link:calculationLink link:definitionLink 2109100 - Disclosure - Other Comprehensive Income link:presentationLink link:calculationLink link:definitionLink 2409402 - Disclosure - Other Comprehensive Income (Details) link:presentationLink link:calculationLink link:definitionLink 2309301 - Disclosure - Other Comprehensive Income (Tables) link:presentationLink link:calculationLink link:definitionLink 2104100 - Disclosure - Reinsurance link:presentationLink link:calculationLink link:definitionLink 2404403 - Disclosure - Reinsurance - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2404402 - Disclosure - Reinsurance - Summary of Premiums Earned and Losses Incurred (Details) link:presentationLink link:calculationLink link:definitionLink 2404404 - Disclosure - Reinsurance - Summary of Quota Reinsurance Arrangements (Details) link:presentationLink link:calculationLink link:definitionLink 2304301 - Disclosure - Reinsurance (Tables) link:presentationLink link:calculationLink link:definitionLink 2404405 - Disclosure - Reinsurance - Variable Interest Entity (Details) link:presentationLink link:calculationLink link:definitionLink 2115100 - Disclosure - Share-Based Compensation link:presentationLink link:calculationLink link:definitionLink 2415402 - Disclosure - Share-Based Compensation (Details) link:presentationLink link:calculationLink link:definitionLink 2315301 - Disclosure - Share-Based Compensation (Tables) link:presentationLink link:calculationLink link:definitionLink 2114100 - Disclosure - Shareholders' Equity link:presentationLink link:calculationLink link:definitionLink 2414401 - Disclosure - Shareholders' Equity (Details) link:presentationLink link:calculationLink link:definitionLink 2102100 - Disclosure - Significant Accounting Policies link:presentationLink link:calculationLink link:definitionLink 2202201 - Disclosure - Significant Accounting Policies (Policies) link:presentationLink link:calculationLink link:definitionLink 2402403 - Disclosure - Significant Accounting Policies Significant Accounting Policies (Details) link:presentationLink link:calculationLink link:definitionLink 2302302 - Disclosure - Significant Accounting Policies Significant Accounting Policies (Tables) link:presentationLink link:calculationLink link:definitionLink 2116100 - Disclosure - Statutory Information link:presentationLink link:calculationLink link:definitionLink 2416401 - Disclosure - Statutory Information (Details) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 7 mtg-20190930_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 8 mtg-20190930_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 9 mtg-20190930_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Statement of Stockholders' Equity [Abstract] Statement [Table] Statement [Table] Equity Components [Axis] Equity Components [Axis] Equity Component [Domain] Equity Component [Domain] Common stock Common Stock [Member] Paid-in capital Additional Paid-in Capital [Member] Treasury stock Treasury Stock [Member] Accumulated other comprehensive income (loss) AOCI Attributable to Parent [Member] Retained earnings Retained Earnings [Member] Statement [Line Items] Statement [Line Items] Increase (Decrease) in Stockholders' Equity [Roll Forward] Increase (Decrease) in Stockholders' Equity [Roll Forward] Balance, beginning of period Stockholders' Equity Attributable to Parent Net common stock issued under share-based compensation plans Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture Reissuance of treasury stock, net under share-based compensation plans Stock Issued During Period, Value, Treasury Stock Reissued For Share Based Compensation Stock Issued During Period, Value, Treasury Stock Reissued For Share Based Compensation Equity compensation APIC, Share-based Payment Arrangement, Increase for Cost Recognition Repurchase of common stock Treasury Stock, Value, Acquired, Cost Method Other comprehensive income (loss), net of tax Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent Net income Net Income (Loss) Attributable to Parent Cash dividends Dividends, Cash Balance, end of period Insurance Loss Reserves [Abstract] Loss Reserves Liability for Future Policy Benefits and Unpaid Claims Disclosure [Text Block] Reinsurance Disclosures [Abstract] Effects of Reinsurance [Table] Effects of Reinsurance [Table] Reinsurance Policy, Type [Axis] Reinsurance Policy, Type [Axis] Reinsurance Policy [Domain] Reinsurance Policy [Domain] Quota Share Reinsurance Agreement, 2019 Quota Share Reinsurance Agreement, 2019 [Member] Quota Share Reinsurance Agreement, 2019 [Member] Quota Share Reinsurance Agreement, 2015 Quota Share Reinsurance Agreement, 2015 [Member] Quota Share Reinsurance Agreement, 2015 [Member] Excess of Loss Reinsurance Agreement, Home Re Excess of Loss Reinsurance Agreement, Home Re [Member] Excess of Loss Reinsurance Agreement, Home Re [Member] Effects of Reinsurance [Line Items] Effects of Reinsurance [Line Items] Contingent termination fee Reinsurance, Quota Share Reinsurance Agreement, Terms, Contingent Termination Fee Reinsurance, Quota Share Reinsurance Agreement, Terms, Contingent Termination Fee Threshold for private mortgage insurer eligibility requirements for termination election (less than) (as a percent) Reinsurance, Quota Share Reinsurance Agreement, Terms, Threshold For Private Mortgage Insurer Eligibility Requirements For Termination Election Reinsurance, Quota Share Reinsurance Agreement, Terms, Threshold For Private Mortgage Insurer Eligibility Requirements For Termination Election Quota share for all policies covered (as a percent) Reinsurance, Quota Share Reinsurance Agreement, Terms, Quota Share, Percent Reinsurance, Quota Share Reinsurance Agreement, Terms, Quota Share, Percent Cede rate, option 1 (as a percent) Reinsurance, Quota Share Reinsurance Agreement, Terms, Ceding Rate, Percent, Option One Reinsurance, Quota Share Reinsurance Agreement, Terms, Ceding Rate, Percent, Option One Cede rate, option 2 (as a percent) Reinsurance, Quota Share Reinsurance Agreement, Terms, Ceding Rate, Percent, Option Two Reinsurance, Quota Share Reinsurance Agreement, Terms, Ceding Rate, Percent, Option Two Ceding commission, percentage (as a percent) Reinsurance, Quota Share Reinsurance Agreement, Terms, Ceding Commission, Percent Reinsurance, Quota Share Reinsurance Agreement, Terms, Ceding Commission, Percent Loss ratio threshold for profit commissions (as a percent) Loss Ratio Ceded premiums Ceded Premiums Earned Debt Disclosure [Abstract] Schedule of Long-term Debt Instruments [Table] Schedule of Long-term Debt Instruments [Table] Long-term Debt, Type [Axis] Long-term Debt, Type [Axis] Long-term Debt, Type [Domain] Long-term Debt, Type [Domain] 9% Convertible Junior Subordinated Debentures Convertible Subordinated Debt [Member] Senior Notes Senior Notes [Member] Debt Instrument [Axis] Debt Instrument [Axis] Debt Instrument, Name [Domain] Debt Instrument, Name [Domain] 5.75% Senior Notes Due 2023 Five Point Seven Five Percent Senior Notes [Member] Five Point Seven Five Percent Senior Notes [Member] Debt Instrument [Line Items] Debt Instrument [Line Items] Conversion rate (in shares per $1,000 note) Debt Instrument, Convertible, Conversion Ratio Principal amount of notes used in determining conversion price per share Principal Amount Of Notes Used In Determining Conversion Price Per Share The principal amount of notes used in the determination of the initial conversion price per share, which is subject to adjustment. Convertible debt, conversion price (in dollars per share) Debt Instrument, Convertible, Conversion Price Reference dividend amount (per share) Reference Dividend Amount Reference dividend amount to determine conversion rate adjustment calculation. Conversion rate adjustment, threshold Conversion Rate Adjustment, Threshold Conversion Rate Adjustment, Threshold Period preceding election to convert (in days) Period preceding election to convert The period immediately prior to an election to convert debentures during which the average price of shares traded is determined for the purpose of calculating the conversion rate. Stated interest rate Debt Instrument, Interest Rate, Stated Percentage Line of credit facility, maximum borrowing capacity Line of Credit Facility, Maximum Borrowing Capacity Total interest payments Interest Paid, Including Capitalized Interest, Operating and Investing Activities New Accounting Pronouncements and Changes in Accounting Principles [Abstract] Schedule of Prospective Accounting Standards, Not Yet Effective Or Adopted Schedule of Prospective Accounting Standards, Not Yet Effective Or Adopted [Table Text Block] Schedule of Prospective Accounting Standards, Not Yet Effective Or Adopted [Table Text Block] Investments [Abstract] Schedule of Available-for-sale Securities [Table] Schedule of Available-for-sale Securities [Table] Financial Instrument [Axis] Financial Instrument [Axis] Financial Instruments [Domain] Financial Instruments [Domain] Total fixed income securities Debt Securities [Member] U.S. Treasury securities and obligations of U.S. government corporations and agencies US Treasury and Government [Member] Obligations of U.S. states and political subdivisions US States and Political Subdivisions Debt Securities [Member] Corporate debt securities Corporate Debt Securities [Member] Asset backed securities (“ABS”) Asset-backed Securities [Member] Residential mortgage backed securities (“RMBS”) Residential Mortgage Backed Securities [Member] Commercial mortgage backed securities (“CMBS”) Commercial Mortgage Backed Securities [Member] Collateralized loan obligations (“CLOs”) Collateralized Loan Obligations [Member] Debt Securities, Available-for-sale [Line Items] Debt Securities, Available-for-sale [Line Items] Amortized Cost Debt Securities, Available-for-sale, Amortized Cost Gross Unrealized Gains Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax Gross Unrealized Losses Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax Fair Value Debt Securities, Available-for-sale Other-than-temporary impairment losses Other than Temporary Impairment Losses, Investments, Portion in Other Comprehensive Loss, before Tax, Portion Attributable to Parent Assets held by insurance regulators Assets Held by Insurance Regulators Proceeds from sales of fixed income securities Proceeds from Sale of Debt Securities, Available-for-sale Gross realized gains, fixed income securities Available-for-sale Securities, Gross Realized Gains Gross realized losses, fixed income securities Available-for-sale Securities, Realized Losses, Excluding Other than Temporary Impairments Net impairment losses recognized in earnings Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net Federal Home Loan Bank advances, collateral, value of principal, percent (as a percent) Federal Home Loan Bank Advances, Collateral, Market Value Of Principal, Percent Federal Home Loan Bank Advances, Collateral, Market Value Of Principal, Percent FHLB advance collateral Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged Number of securities in unrealized loss position (in securities) Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions Stockholders' Equity Note [Abstract] Schedule of Stock by Class [Table] Schedule of Stock by Class [Table] Subsequent Event Type [Axis] Subsequent Event Type [Axis] Subsequent Event Type [Domain] Subsequent Event Type [Domain] Subsequent Event Subsequent Event [Member] Share Repurchase Program [Axis] Share Repurchase Program [Axis] Share Repurchase Program [Domain] Share Repurchase Program [Domain] First Quarter 2019 Repurchase Program First Quarter 2019 Repurchase Program [Member] First Quarter 2019 Repurchase Program Class of Stock [Line Items] Class of Stock [Line Items] Shares repurchased in period (in shares) Treasury Stock, Shares, Acquired Shares repurchased, weighted average price per share Treasury Stock Acquired, Average Cost Per Share Remaining authorized repurchase amount Stock Repurchase Program, Remaining Authorized Repurchase Amount Quarterly cash dividend paid (per share) Common Stock, Dividends, Per Share, Cash Paid Total dividends paid Payments of Ordinary Dividends, Common Stock Quarterly cash dividend declared (per share) Common Stock, Dividends, Per Share, Declared Fair Value Disclosures [Abstract] Fair Value, Recurring and Nonrecurring [Table] Fair Value, Recurring and Nonrecurring [Table] Equity securities Equity Securities [Member] Fair Value Hierarchy and NAV [Axis] Fair Value Hierarchy and NAV [Axis] Fair Value Hierarchy and NAV [Domain] Fair Value Hierarchy and NAV [Domain] Quoted Prices in Active Markets for Identical Assets (Level 1) Fair Value, Inputs, Level 1 [Member] Significant Other Observable Inputs (Level 2) Fair Value, Inputs, Level 2 [Member] Significant Unobservable Inputs (Level 3) Fair Value, Inputs, Level 3 [Member] Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Equity securities, at fair value (cost 2019 - $17,205; 2018 - $3,993) Equity Securities, FV-NI Other Other Assets, Fair Value Disclosure Real estate acquired Real Estate Assets Acquired, Fair Value Disclosure Real Estate Assets Acquired, Fair Value Disclosure Total assets Assets, Fair Value Disclosure Fair value measurements for items measured at fair value Fair Value, Assets Measured on Recurring Basis [Table Text Block] Reconciliation of beginning and ending balance for assets and liabilities measured at fair value with significant unobservable inputs (level 3) Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] Carrying value and fair value of financial assets and liabilities Fair Value, by Balance Sheet Grouping [Table Text Block] Measurement Basis [Axis] Measurement Basis [Axis] Fair Value Measurement [Domain] Fair Value Measurement [Domain] Portion at Fair Value Measurement Portion at Fair Value Measurement [Member] Carrying Value Reported Value Measurement [Member] Fair Value Estimate of Fair Value Measurement [Member] Other invested assets Other Invested Assets, Fair Value Disclosure Fair value portion of other invested assets. FHLB Advance Notes Payable, Fair Value Disclosure 5.75% Senior Notes Senior Notes, Fair Value Disclosure Senior Notes, Fair Value Disclosure 9% Convertible Junior Subordinated Debentures Subordinated Debt Obligations, Fair Value Disclosure Total financial liabilities Debt Instrument, Fair Value Disclosure Share-based Payment Arrangement [Abstract] Share-Based Compensation Share-based Payment Arrangement [Text Block] Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Table] Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Table] Non Catastrophic Event [Axis] Noncatastrophic Event [Axis] Non Catastrophic Event [Domain] Noncatastrophic Event [Domain] Probable loss on litigation claims paying practices Probable Loss On Litigation Claims Paying Practices [Member] The increase (decrease) in losses incurred related to prior years due to claims paying practices. Settlements for commutations of coverage, pools of nonperforming loans Settlements For Commutations Of Coverage, Pools Of Nonperforming Loans [Member] Settlements For Commutations Of Coverage, Pools Of Nonperforming Loans [Member] Decrease in estimated claim rate on primary defaults Increase Decrease in Expected Claim Rate [Member] The increase (decrease) in the expected claim rate on primary and/or pool defaults that occurred in prior periods. Increase in estimated severity on primary defaults Increase Decrease in Estimated Severity Primary Defaults [Member] The increase (decrease) in estimated severity on primary defaults that occurred in prior periods. Change in estimates related to pool reserves, LAE reserves, reinsurance, and other Increase Decrease Related To Pool Reserves, LAE Reserves and Reinsurance [Member] The decrease in losses incurred related to prior years related to LAE reserves and reinsurance. Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items] Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items] Percentage of prior year delinquent inventory resolved (as a percent) Percentage of prior year default inventory resolved The percentage of the prior year default inventory resolved, which is used in the calculation of the change in the severity and claim rates. Prior years Prior Year Claims and Claims Adjustment Expense Prior years Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid, Prior Years Premium refund liability, expected claim payments Premium refund liability, expected claim payments The carrying amount for the estimate of premiums to be refunded on expected claim payments. Primary Delinquent Inventory [Roll Forward] Primary Default Inventory [Roll Forward] A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. Delinquent inventory at the beginning of period (in loans) Primary Default Inventory The number of loans in the primary default inventory. New notices (in loans) Primary Default Inventory, New Notices Additions to the primary default inventory resulting from new notices of defaulted loans. Cures (in loans) Primary Default Inventory, Cures Deductions from the primary default inventory resulting from loans in default being brought current. Paids (including those charged to a deductible or captive) (in loans) Primary Default Inventory, Paids Deductions from the primary default inventory resulting from claims being paid, including those charged to a deductible or captive. Rescissions and denials (in loans) Primary Default Inventory, Rescissions and Denials Deductions from the primary default inventory resulting from rescissions and denials. Other items removed from inventory (in loans) Primary Default Inventory, Other Items Removed Other deductions from the primary default inventory, including items removed for settlements Delinquent inventory at end of period (in loans) Minimum future operating lease payments Operating Leases, Future Minimum Payments Due Retirement Benefits [Abstract] Components of net periodic benefit cost Schedule of Net Benefit Costs [Table Text Block] Long-term debt Schedule of Debt [Table Text Block] Statement of Comprehensive Income [Abstract] Other comprehensive income (loss), net of tax: Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent [Abstract] Change in unrealized investment gains and losses Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax, Portion Attributable to Parent Benefit plan adjustments Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax and Reclassification Adjustment, Attributable to Parent Other comprehensive income (loss), net of tax Comprehensive income Comprehensive Income (Loss), Net of Tax, Attributable to Parent Equity Securities, FV-NI, Gain (Loss) [Abstract] Equity Securities, FV-NI, Gain (Loss) [Abstract] Cost Equity Securities, FV-NI, Cost Gross Gains Equity Securities, FV-NI, Unrealized Gain Gross Losses Equity Securities, FV-NI, Unrealized Loss Fair Value Unrealized Gain (Loss) on Equity Securities [Abstract] Debt Securities, Trading, Gain (Loss) [Abstract] Recognized net gains (losses) on equity securities still held Equity Securities, FV-NI, Unrealized Gain (Loss) Income taxes Income Tax, Policy [Policy Text Block] Prospective Accounting Standards New Accounting Pronouncements, Policy [Policy Text Block] Earnings Per Share [Abstract] Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table] Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table] Unvested RSUs Unvested restricted stock units [Member] Refers to the unvested restricted stock units. Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] Basic earnings per share: Earnings Per Share, Basic [Abstract] Weighted average common shares outstanding - basic (in shares) Weighted Average Number of Shares Outstanding, Basic Basic earnings per share (in dollars per share) Earnings Per Share, Basic Diluted earnings per share: Earnings Per Share, Diluted [Abstract] Dilutive securities Dilutive Securities, Effect on Basic Earnings Per Share Diluted income available to common shareholders Net Income (Loss) Available to Common Stockholders, Diluted Effect of dilutive securities: Dilutive Securities, Effect on Basic Earnings Per Share [Abstract] Unvested RSUs (in shares) Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements Dilutive securities (in shares) Weighted Average Number Diluted Shares Outstanding Adjustment Weighted average common shares outstanding - diluted (in shares) Weighted Average Number of Shares Outstanding, Diluted Diluted earnings per share (in dollars per share) Earnings Per Share, Diluted Effective income tax rate Effective Income Tax Rate Reconciliation, Percent Statement of Financial Position [Abstract] ASSETS Assets [Abstract] Investment portfolio: Debt Securities, Available-for-sale [Abstract] Fixed income, available-for-sale, at fair value (amortized cost 2019 - $5,473,893; 2018 - $5,196,784) Other invested assets, at cost Other Investments Total investment portfolio Investments Cash and cash equivalents Cash and Cash Equivalents, at Carrying Value Restricted cash and cash equivalents Restricted Cash and Cash Equivalents Accrued investment income Accrued Investment Income Receivable Reinsurance recoverable on loss reserves Reinsurance Recoverable for Unpaid Claims and Claims Adjustments Reinsurance recoverable on paid losses Reinsurance Recoverable for Paid Claims and Claims Adjustments Premiums receivable Premiums Receivable, Net Home office and equipment, net Property, Plant and Equipment, Net Deferred insurance policy acquisition costs Deferred Policy Acquisition Cost Deferred income taxes, net Deferred Income Tax Assets, Net Other assets Other Assets Total assets Assets LIABILITIES AND SHAREHOLDERS’ EQUITY Liabilities and Equity [Abstract] Liabilities: Liabilities [Abstract] Loss reserves Liability for Claims and Claims Adjustment Expense, Property Casualty Liability Unearned premiums Unearned Premiums Federal Home Loan Bank advance Federal Home Loan Bank, Advances, Branch of FHLB Bank, Amount of Advances Senior notes Senior Notes Convertible junior subordinated debentures Convertible Subordinated Debt Other liabilities Other Liabilities Total liabilities Liabilities Contingencies Commitments and Contingencies Shareholders’ equity: Stockholders' Equity Attributable to Parent [Abstract] Common stock (one dollar par value, shares authorized 1,000,000; shares issued 2019 - 371,353; 2018 - 371,353; shares outstanding 2019 - 348,709; 2018 - 355,371) Common Stock, Value, Issued Paid-in capital Additional Paid in Capital, Common Stock Treasury stock at cost (shares 2019 - 22,644; 2018 - 15,982) Treasury Stock, Value Accumulated other comprehensive income (loss), net of tax Accumulated Other Comprehensive Income (Loss), Net of Tax Retained earnings Retained Earnings (Accumulated Deficit) Total shareholders’ equity Total liabilities and shareholders’ equity Liabilities and Equity Effect of reinsurance agreement Effects of Reinsurance [Table Text Block] Effect of quota share reinsurance agreements on premiums earned and losses incurred Effect Of Quota Share Reinsurance Agreements On Premiums Earned And Losses Incurred [Table Text Block] Tabular disclosure of the effect of quota share reinsurance agreements on premiums earned and losses incurred. Schedule of coverages and retention Reinsurance Retention Policy [Table Text Block] Schedule of total assets of Home Re Schedule of Variable Interest Entities [Table Text Block] Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] Statistical Measurement [Axis] Statistical Measurement [Axis] Statistical Measurement [Domain] Statistical Measurement [Domain] Minimum Minimum [Member] Maximum Maximum [Member] Award Type [Axis] Award Type [Axis] Award Type [Domain] Award Type [Domain] RSUs subject to performance conditions Performance Shares [Member] RSUs subject only to service conditions Restricted Stock Units (RSUs) [Member] Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Award vesting period (in years) Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period Granted (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period Weighted Average Share Fair Value (in dollars per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table] Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table] Asset Class [Axis] Asset Class [Axis] Asset Class [Domain] Asset Class [Domain] Total Investments Investments [Member] Fixed income Real Estate Acquired Real Estate Acquired [Member] This category includes information about real estate acquired by the entity through claim settlement. Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] Balance at beginning of period Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value Transfers out of Level 3 Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 Purchases Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases Sales Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales Included in earnings and reported as losses incurred, net Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included In Earnings, Reported As Loss Incurred, Net Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included In Earnings, Reported As Loss Incurred, Net Included in earnings and reported as net realized investment gains Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings Balance at end of period Quota Share Reinsurance Agreements, Excluding Captive Agreements Quota Share Reinsurance Agreements, Excluding Captives [Member] Quota Share Reinsurance Agreements, Excluding Captives [Member] Ceded premiums written and earned, net of profit commission Ceded Premiums Written and Earned, Net of Profit Commission Ceded Premiums Written and Earned, Net of Profit Commission Ceded losses incurred Policyholder Benefits and Claims Incurred, Ceded Ceding commissions Reinsurance Ceding Commission Earned Reinsurance Ceding Commission Earned Profit commission Reinsurance, Profit Commission Reinsurance, Profit Commission Reinsurance recoverable on loss reserves Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Table] Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Table] Retirement Plan Type [Axis] Retirement Plan Type [Axis] Retirement Plan Type [Domain] Retirement Plan Type [Domain] Pension and Supplemental Executive Retirement Plans Pension And Supplemental Plans [Member] Pension And Supplemental Plans [Member] Other Postretirement Benefit Plans Other Postretirement Benefits Plan [Member] Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] Components of Net Periodic Benefit Cost [Abstract] Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract] Service cost Defined Benefit Plan, Service Cost Interest cost Defined Benefit Plan, Interest Cost Expected return on plan assets Defined Benefit Plan, Expected Return (Loss) on Plan Assets Amortization of net actuarial losses/(gains) Defined Benefit Plan, Amortization of Gain (Loss) Amortization of prior service cost/(credit) Defined Benefit Plan, Amortization of Prior Service Cost (Credit) Net periodic benefit cost (benefit) Defined Benefit Plan, Net Periodic Benefit Cost Before Cost of Settlements and Curtailments The total amount of net periodic benefit cost for defined benefit plans for the period, before the effect of the cost of settlements and curtailments. Periodic benefit costs include the following components: service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, and transition asset or obligation. Estimated employer contributions in current fiscal year Defined Benefit Plan, Expected Future Employer Contributions, Current Fiscal Year Legal Entity [Axis] Legal Entity [Axis] Entity [Domain] Entity [Domain] Home Re special purpose insurers Home Re special purpose insurers [Member] Home Re special purpose insurers [Member] Home Re 2018-1 Home Re 2018-1 [Member] Home Re 2018-1 Ltd [Member] Home Re 2019-1 Home Re 2019-1 [Member] Home Re 2019-1 [Member] Term of mortgage insurance-linked notes Reinsurance Retention Policy, Debt Issued To Cover Insurance, Term Reinsurance Retention Policy, Debt Issued To Cover Insurance, Term Remaining First Layer Retention Reinsurance Retention Policy, Amount Retained Remaining Excess of Loss Reinsurance Coverages Reinsurance Retention Policy, Remaining Excess Of Loss Reinsurance Coverages Reinsurance Retention Policy, Remaining Excess of Loss Reinsurance Coverages Total VIE Assets Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract] Other Comprehensive Income Comprehensive Income (Loss) Note [Text Block] Cover page. Document Type Document Type Document Quarterly Report Document Quarterly Report Document Period End Date Document Period End Date Document Transition Report Document Transition Report Entity File Number Entity File Number Entity Registrant Name Entity Registrant Name Entity Incorporation, State or Country Code Entity Incorporation, State or Country Code Entity Tax Identification Number Entity Tax Identification Number Entity Address, Address Line One Entity Address, Address Line One Entity Address, City or Town Entity Address, City or Town Entity Address, State or Province Entity Address, State or Province Entity Address, Postal Zip Code Entity Address, Postal Zip Code City Area Code City Area Code Local Phone Number Local Phone Number Title of each class Title of 12(b) Security Trading Symbol Trading Symbol Security Exchange Name Security Exchange Name Entity Current Reporting Status Entity Current Reporting Status Entity Interactive Data Current Entity Interactive Data Current Entity Filer Category Entity Filer Category Entity Small Business Entity Small Business Entity Emerging Growth Company Entity Emerging Growth Company Entity Shell Company Entity Shell Company Entity Common Stock, Shares Outstanding Entity Common Stock, Shares Outstanding Entity Central Index Key Entity Central Index Key Current Fiscal Year End Date Current Fiscal Year End Date Document Fiscal Year Focus Document Fiscal Year Focus Document Fiscal Period Focus Document Fiscal Period Focus Amendment Flag Amendment Flag Organization, Consolidation and Presentation of Financial Statements [Abstract] Nature of Business and Basis of Presentation Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] Statutory Capital [Abstract] Statutory Information Statutory Accounting Practices [Text Block] The entire disclosure of how the entity's reporting under GAAP as of the balance sheet date differs from the results based on prescribed and permitted accounting practices of the state or country of domicile in which a relevant statutory filing is made. Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table] Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table] Mortgage Guaranty Insurance Corporation Mortgage Guaranty Insurance Corporation [Member] Another company which is controlled, directly or indirectly, by its parent. The usual condition for control is ownership of a majority (over 50%) of the outstanding voting stock. The power to control may also exist with a lesser percentage of ownership, for example, by contract, lease, agreement with other stockholders or by court decree. Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items] Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items] Statutory capital requirements [Abstract] Statutory capital requirements [Abstract] Number of jurisdictions with risk-to-capital requirements (in jurisdictions) Number of jurisdictions with risk to capital requirements The number of jurisdictions that require a mortgage insurer to maintain a minimum amount of statutory capital relative to the risk in force (or a similar measure) in order for the mortgage insurer to continue to write new business. This is generally referred to as a risk-to-capital requirement. Maximum permitted risk-to-capital ratio commonly applied Description of Regulatory Capital Requirements under Insurance Regulations Maximum risk-to-capital ratio Statutory Accounting Practices, Regulatory Capital Requirements, Risk-to-Capital Ratio, Maximum Statutory Accounting Practices, Regulatory Capital Requirements, Risk-to-Capital Ratio, Maximum Risk to capital ratio at end of period Risk to capital ratio at end of period The entity's risk-to-capital ratio as of the end of the reporting period. Risk-to-capital ratio Statutory Capital Requirements, Risk To Capital Ratio Statutory Capital Requirements, Risk To Capital Ratio Amount of policyholders position above or below required MPP Amount of policyholders position above or below required regulatory minimum The amount by which the entity's policyholders position (the insurer's net worth or surplus, contingency reserve and a portion of the reserves for unearned premiums) was above or below the required regulatory minimum of the entity's domiciliary state. Amount of required MPP Amount of required MPP The amount of minimum policyholder position (MPP) required by the entity's domiciliary state. Risk to capital ratio of combined insurance operations, including reinsurance affiliates, at end of period Risk to capital ratio of combined insurance operations, including reinsurance affiliates, at end of period The risk-to-capital ratio of the entity's combined insurance operations, including its reinsurance affiliates, as of the end of the reporting period. Risk-to-capital ratio for combined insurance operations Statutory Capital Requirements, Risk To Capital Ratio For Combined Insurance Operations Statutory Capital Requirements, Risk To Capital Ratio For Combined Insurance Operations Purchases of tax and loss bonds Payments To Acquire Tax And Loss Bonds Payments to acquire tax and loss bonds Dividends paid to the parent company SEC Schedule, 12-04, Cash Dividends Paid to Registrant, Subsidiaries and Equity Method Investees Percentage of statutory policyholders surplus used to determine maximum allowable dividends (as a percent) Percentage of statutory policyholders surplus used to determine maximum allowable dividends The percentage of statutory policyholders' surplus, as defined, as of the preceding calendar year end which is used in the determination of the maximum allowable dividends that the insurance subsidiaries may pay in any twelve-month period without regulatory approval by the Office of the Commissioner of Insurance of the State of Wisconsin. Adjusted statutory net income measurement period (in years) Statutory Accounting Practices, Statutory Amount Available For Dividend Payments Without Regulatory Approval, Measurement, Measurement Period Statutory Accounting Practices, Statutory Amount Available For Dividend Payments Without Regulatory Approval, Measurement, Measurement Period Adjusted statutory net income dividend payment measurement period (in years) Statutory Accounting Practices, Statutory Amount Available for Dividend Payments without Regulatory Approval, Measurement, Dividend Payment Period Statutory Accounting Practices, Statutory Amount Available for Dividend Payments without Regulatory Approval, Measurement, Dividend Payment Period Reclassification out of Accumulated Other Comprehensive Income [Table] Reclassification out of Accumulated Other Comprehensive Income [Table] Net unrealized gains and (losses) on available-for-sale securities AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member] Net benefit plan assets and (obligations) recognized in shareholders' equity Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] Reclassification out of Accumulated Other Comprehensive Income [Axis] Reclassification out of Accumulated Other Comprehensive Income [Axis] Reclassification out of Accumulated Other Comprehensive Income [Domain] Reclassification out of Accumulated Other Comprehensive Income [Domain] Reclassification from Accumulated Other Comprehensive Income Reclassification out of Accumulated Other Comprehensive Income [Member] Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] Total other comprehensive income (loss) Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent Income tax (expense) benefit Other Comprehensive Income (Loss), Tax Amounts Reclassified From Accumulated Other Comprehensive Income [Abstract] Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] Income before tax Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest Income tax (expense) benefit Income Tax Expense (Benefit) Accumulated Other Comprehensive Income (Loss) [Table] Accumulated Other Comprehensive Income (Loss) [Table] Accumulated Other Comprehensive Income (Loss) [Line Items] Accumulated Other Comprehensive Income (Loss) [Line Items] AOCI Attributable to Parent, Net of Tax [Roll Forward] AOCI Attributable to Parent, Net of Tax [Roll Forward] Other comprehensive income before reclassifications OCI, before Reclassifications, Net of Tax, Attributable to Parent Less: Amounts reclassified from AOCI Reclassification from AOCI, Current Period, Net of Tax, Attributable to Parent Statement of Cash Flows [Abstract] Cash flows from operating activities: Net Cash Provided by (Used in) Operating Activities, Continuing Operations [Abstract] Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Depreciation and amortization Depreciation, Amortization and Accretion, Net Deferred tax expense Deferred Income Tax Expense (Benefit) Net realized investment (gains) losses Gain (Loss) on Investments Change in certain assets and liabilities: Increase (Decrease) in Operating Capital [Abstract] Accrued investment income Increase (Decrease) in Accrued Investment Income Receivable Reinsurance recoverable on loss reserves Increase (Decrease) in Reinsurance Recoverable Reinsurance recoverable on paid losses Increase Decrease In Reinsurance Recoverable On Paid Losses The net change during the reporting period in the amount of receivables currently due from reinsurers for ceded claims paid. Premium receivable Increase (Decrease) in Premiums Receivable Deferred insurance policy acquisition costs Increase (Decrease) in Deferred Policy Acquisition Costs Profit commission receivable Increase Decrease in Profit Commission Receivable The net change during the reporting period in the amount of profit commission receivable. Loss reserves Increase (Decrease) in Liability for Claims and Claims Adjustment Expense Reserve Unearned premiums Increase (Decrease) in Unearned Premiums Return premium accrual Increase (Decrease) in Other Insurance Liabilities Current income taxes Increase (Decrease) in Income Taxes Payable, Net of Income Taxes Receivable Other, net Increase (Decrease) in Other Operating Assets and Liabilities, Net Net cash provided by operating activities Net Cash Provided by (Used in) Operating Activities Cash flows from investing activities: Net Cash Provided by (Used in) Investing Activities, Continuing Operations [Abstract] Purchases of investments Payments to Acquire Investments Proceeds from sales of investments Proceeds from Sale, Maturity and Collection of Investments Proceeds from maturity of fixed income securities Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale Net increase in payable for securities Increase (Decrease) in Broker-Dealer Related Receivables (Payables), Net Additions to property and equipment Payments to Acquire Property, Plant, and Equipment Net cash used in investing activities Net Cash Provided by (Used in) Investing Activities Cash flows from financing activities: Net Cash Provided by (Used in) Financing Activities, Continuing Operations [Abstract] Repurchase of common stock Payments for Repurchase of Common Stock Dividends paid Payment of withholding taxes related to share-based compensation net share settlement Payment, Tax Withholding, Share-based Payment Arrangement Net cash used in financing activities Net Cash Provided by (Used in) Financing Activities Net increase in cash and cash equivalents and restricted cash and cash equivalents Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect Cash and cash equivalents and restricted cash and cash equivalents at beginning of period Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents Cash and cash equivalents and restricted cash and cash equivalents at end of period Significant Accounting Policies New Accounting Pronouncements and Changes in Accounting Principles [Text Block] Schedule of stock-based compensation, activity Share-based Payment Arrangement, Activity [Table Text Block] Federal Home Loan Bank Advances (FHLB) Federal Home Loan Bank Advances [Member] Long-term debt, carrying value Long-term Debt Debt instrument, face amount Debt Instrument, Face Amount Other comprehensive income Comprehensive Income (Loss) [Table Text Block] Reclassification out of accumulated other comprehensive income Reclassification out of Accumulated Other Comprehensive Income [Table Text Block] Accumulated other comprehensive income (loss) Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] Reinsurance Reinsurance [Text Block] Schedule of Investments [Table] Schedule of Investments [Table] Schedule of Investments [Line Items] Schedule of Investments [Line Items] Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer Total Debt Securities, Available-for-sale, Unrealized Loss Position Less Than 12 Months Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 12 Months or Greater Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss Total Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss Benefit Plans Pension and Other Postretirement Benefits Disclosure [Text Block] Aging of the Primary Delinquent Inventory [Abstract] Aging of the Primary Default Inventory [Abstract] 3 months or less (in loans) Primary Default Inventory, Three months or less The number of loans that have been in the primary default inventory for three months or less as of the balance sheet date. 3 months or less (as a percent) Primary Default Inventory, Three months or less, Percentage The percentage of loans that have been in the primary default inventory for three months or less as of the balance sheet date. 4 - 11 months (in loans) Primary Default Inventory, four to eleven months The number of loans that have been in the primary default inventory for at least four months but no greater than eleven months as of the balance sheet date. 4 - 11 months (as a percent) Primary Default Inventory, four to eleven months, Percentage The percentage of loans that have been in the primary default inventory for at least four months but no greater than eleven months as of the balance sheet date. 12 months or more (in loans) Primary Default Inventory, Twelve Months or More The number of loans that have been in the primary default inventory for twelve months or more as of the balance sheet date. 12 months or more (as a percent) Primary Default Inventory, Twelve Months or More, Percentage The percentage of loans that have been in the primary default inventory for twelve months or more as of the balance sheet date. Total primary delinquent inventory (in loans) Total primary delinquent inventory (as a percent) Primary default inventory, Percentage The percentage of loans in the primary default inventory. Primary claims received inventory included in ending delinquent inventory (in loans) Primary Default Inventory, Claims Received Inventory The number of loans in the primary default inventory that are in the claims received inventory. Percent of 12 months or more delinquent inventory, delinquent for more than 36 months (as a percent) Primary Default Inventory Twelve Months Or More, Percent Of Primary Default Inventory In Default For Twelve Months Or More In Default For More Than Thirty Six Consecutive Months Primary Default Inventory Twelve Months Or More, Percent Of Primary Default Inventory In Default For Twelve Months Or More In Default For More Than Thirty Six Consecutive Months Amortized cost, gross unrealized gains and losses and fair value of fixed income securities Schedule of Available-for-sale Securities Reconciliation [Table Text Block] Amortized cost and fair values of fixed income securities by contractual maturity Investments Classified by Contractual Maturity Date [Table Text Block] Cost and fair value of investments in equity securities Equity Securities [Table Text Block] Tabular disclosure of investments in equity securities. Aging of the fair values of securities in an unrealized loss position Schedule of Unrealized Loss on Investments [Table Text Block] Calculation of earnings (loss) per share Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] Commitments and Contingencies Disclosure [Abstract] Litigation and Contingencies Legal Matters and Contingencies [Text Block] Fixed maturities, amortized cost Common stock, par value (in dollars per share) Common Stock, Par or Stated Value Per Share Common stock, shares authorized (in shares) Common Stock, Shares Authorized Common stock, shares issued (in shares) Common Stock, Shares, Issued Common stock, shares outstanding (in shares) Common Stock, Shares, Outstanding Treasury stock, shares at cost (in shares) Treasury Stock, Shares Average paid claim reduction due to curtailments (as a percent) Average paid claims reduction due to curtailments Average paid claim reduction due to curtailments. Probable loss contingency accrual provision Loss Contingency Accrual, Provision Maximum exposure associated with other discussions and legal proceedings Maximum Exposure Associated With Other Discussions Legal Proceedings Estimated maximum exposure associated with other discussions and legal proceedings related to claims paying practices. Earnings per Share Earnings Per Share [Text Block] Income Statement [Abstract] Revenues: Revenues [Abstract] Premiums written: Premiums Written, Gross [Abstract] Direct Direct Premiums Written Assumed Assumed Premiums Written Ceded Ceded Premiums Written Net premiums written Premiums Written, Net Decrease (increase) in unearned premiums, net (Increase) Decrease in Unearned Premiums, Net Net premiums earned Premiums Earned, Net, Property and Casualty Investment income, net of expenses Net Investment Income Net realized investment gains (losses) Other revenue Other Income Total revenues Revenues Losses and expenses: Benefits, Losses and Expenses [Abstract] Losses incurred, net Policyholder Benefits and Claims Incurred, Net, Property, Casualty and Liability Amortization of deferred policy acquisition costs Deferred Policy Acquisition Costs, Amortization Expense Other underwriting and operating expenses, net Other Underwriting Expense Interest expense Interest Expense, Debt Total losses and expenses Benefits, Losses and Expenses Income before tax Provision for income taxes Net income Earnings per share: Basic (in dollars per share) Diluted (in dollars per share) Weighted average common shares outstanding - basic (in shares) Weighted average common shares outstanding - diluted (in shares) Fair Value Measurements Fair Value Disclosures [Text Block] Debt Debt Disclosure [Text Block] Premiums earned: Premiums Earned, Net [Abstract] Direct Direct Premiums Earned Assumed Assumed Premiums Earned Ceded Losses incurred: Policyholder Benefits and Claims Incurred, Net [Abstract] Direct Policyholder Benefits and Claims Incurred, Direct Assumed Policyholder Benefits and Claims Incurred, Assumed Ceded Losses incurred, net Shareholders' Equity Stockholders' Equity Note Disclosure [Text Block] Reconciliation of beginning and ending loss reserves Schedule of Liability for Unpaid Claims and Claims Adjustment Expense [Table Text Block] Prior year development of the reserves Schedule of Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Table Text Block] Rollforward of primary delinquent inventory Rollforward of Primary Default Inventory [Table Text Block] Tabular disclosure of the activity related to loans in the primary default inventory. Aging of the primary delinquent inventory Aging of Primary Default Inventory [Table Text Block] Tabular disclosure of the aging of the loan primary default inventory. Loss Reserve [Roll Forward] Movement in Liability for Future Policy Benefits [Roll Forward] Reserve at beginning of period Liability for Claims and Claims Adjustment Expense Less reinsurance recoverable Net reserve at beginning of period Liability for Unpaid Claims and Claims Adjustment Expense, Net Losses incurred: Losses incurred: [Abstract] Losses and LAE incurred in respect of delinquency notices received in: Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims [Abstract] Current year Current Year Claims and Claims Adjustment Expense Total losses incurred Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims Losses paid: Losses paid [Abstract] Losses and LAE paid in respect of delinquency notices received in: Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid [Abstract] Current year Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid, Current Year Reinsurance terminations Reinsurance terminations Decrease in losses paid resulting from cancellations of reinsurance agreements, with no future premium ceded and funds for any incurred but unpaid losses transferred to the entity. Total losses paid Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid Net reserve at end of period Plus reinsurance recoverables Reserve at end of period Amortized cost Debt Securities, Available-for-sale, Amortized Cost, Fiscal Year Maturity [Abstract] Due in one year or less Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, within One Year, Amortized Cost Due after one year through five years Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, after One Through Five Years, Amortized Cost Due after five years through ten years Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, after Five Through Ten Years, Amortized Cost Due after ten years Debt Securities, Available-for-sale, Allocated and Single Maturity Date, Maturity, after 10 Years, Amortized Cost Total debt securities with single maturity date, amortized cost Available For Sale Securities, Debt Maturities, With Single Maturity Date, Amortized Cost This item represents the total debt securities, categorized neither as held-to-maturity nor trading securities, which have a single maturity date, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments, as defined), and fair value hedge accounting adjustments, if any. Total debt securities without single maturity date, amortized cost Debt Securities, Available-for-sale, Maturity, without Single Maturity Date, Amortized Cost Fair Value Debt Securities, Available-for-sale, Fair Value, Fiscal Year Maturity [Abstract] Due in one year or less Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, within One Year, Fair Value Due after one year through five years Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, after One Through Five Years, Fair Value Due after five years through ten years Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, after Five Through Ten Years, Fair Value Due after ten years Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, after 10 Years, Fair Value Total debt securities with single maturity date, fair value Available For Sale Securities, Debt Maturities, With Single Maturity Date, Fair Value This item represents the total fair value of debt securities, categorized neither as held-to-maturity nor trading securities, which have a single maturity date. Total debt securities without single maturity date, fair value Debt Securities, Available-for-sale, Maturity, without Single Maturity Date, Fair Value Total at end of period Investments Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] EX-101.PRE 10 mtg-20190930_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT GRAPHIC 11 chart-0ddaa16a6d175e06b4a.jpg begin 644 chart-0ddaa16a6d175e06b4a.jpg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�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end GRAPHIC 12 chart-d4d587c140ec5b2b88d.jpg begin 644 chart-d4d587c140ec5b2b88d.jpg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mgiclogoa05.jpg begin 644 mgiclogoa05.jpg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htm IDEA: XBRL DOCUMENT v3.19.3
Fair Value Measurements - Assets and Liabilities Not Measured at Fair Value (Details) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Carrying Value    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Other invested assets $ 3,100 $ 3,100
FHLB Advance 155,000 155,000
5.75% Senior Notes 420,578 419,713
9% Convertible Junior Subordinated Debentures 256,872 256,872
Total financial liabilities 832,450 831,585
Fair Value | Significant Other Observable Inputs (Level 2)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Other invested assets 3,100 3,100
FHLB Advance 156,637 150,551
5.75% Senior Notes 467,317 425,791
9% Convertible Junior Subordinated Debentures 351,699 338,069
Total financial liabilities $ 975,653 $ 914,411
Senior Notes | 5.75% Senior Notes Due 2023    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Stated interest rate 5.75%  
9% Convertible Junior Subordinated Debentures    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Stated interest rate 9.00%  

XML 15 R40.htm IDEA: XBRL DOCUMENT v3.19.3
Litigation and Contingencies (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2019
Sep. 30, 2019
Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]      
Average paid claim reduction due to curtailments (as a percent)   4.70% 5.80%
Probable loss contingency accrual provision $ 23.5    
Maximum exposure associated with other discussions and legal proceedings   $ 264.0  
XML 16 R44.htm IDEA: XBRL DOCUMENT v3.19.3
Investments - Equity Securities (Details) - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
Equity Securities, FV-NI, Gain (Loss) [Abstract]      
Cost $ 17,205   $ 3,993
Gross Gains 163   11
Gross Losses (8)   (72)
Fair Value 17,360   $ 3,932
Unrealized Gain (Loss) on Equity Securities [Abstract]      
Recognized net gains (losses) on equity securities still held $ 200 $ 3,600  
XML 17 R2.htm IDEA: XBRL DOCUMENT v3.19.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Investment portfolio:    
Fixed income, available-for-sale, at fair value (amortized cost 2019 - $5,473,893; 2018 - $5,196,784) $ 5,660,992 $ 5,151,987
Equity securities, at fair value (cost 2019 - $17,205; 2018 - $3,993) 17,360 3,932
Other invested assets, at cost 3,100 3,100
Total investment portfolio 5,681,452 5,159,019
Cash and cash equivalents 165,425 151,892
Restricted cash and cash equivalents 6,329 3,146
Accrued investment income 48,320 48,001
Reinsurance recoverable on loss reserves 19,566 33,328
Reinsurance recoverable on paid losses 1,573 2,948
Premiums receivable 51,804 55,090
Home office and equipment, net 50,540 51,734
Deferred insurance policy acquisition costs 18,010 17,888
Deferred income taxes, net 11,583 69,184
Other assets 92,149 85,572
Total assets 6,146,751 5,677,802
Liabilities:    
Loss reserves 602,297 674,019
Unearned premiums 392,556 409,985
Federal Home Loan Bank advance 155,000 155,000
Senior notes 420,578 419,713
Convertible junior subordinated debentures 256,872 256,872
Other liabilities 159,831 180,322
Total liabilities 1,987,134 2,095,911
Contingencies
Shareholders’ equity:    
Common stock (one dollar par value, shares authorized 1,000,000; shares issued 2019 - 371,353; 2018 - 371,353; shares outstanding 2019 - 348,709; 2018 - 355,371) 371,353 371,353
Paid-in capital 1,864,973 1,862,536
Treasury stock at cost (shares 2019 - 22,644; 2018 - 15,982) (263,196) (175,059)
Accumulated other comprehensive income (loss), net of tax 63,782 (124,214)
Retained earnings 2,122,705 1,647,275
Total shareholders’ equity 4,159,617 3,581,891
Total liabilities and shareholders’ equity $ 6,146,751 $ 5,677,802
XML 18 R6.htm IDEA: XBRL DOCUMENT v3.19.3
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common stock
Paid-in capital
Treasury stock
Accumulated other comprehensive income (loss)
Retained earnings
Balance, beginning of period at Dec. 31, 2017   $ 370,567 $ 1,850,582 $ 0 $ (43,801) $ 977,178
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net common stock issued under share-based compensation plans   786 (8,917)      
Reissuance of treasury stock, net under share-based compensation plans     0 0    
Equity compensation     15,974      
Repurchase of common stock       (100,059)    
Other comprehensive income (loss), net of tax $ (85,130)       (85,130)  
Net income 512,351         512,351
Cash dividends           0
Balance, end of period at Sep. 30, 2018 3,489,531 371,353 1,857,639 (100,059) (128,931) 1,489,529
Balance, beginning of period at Jun. 30, 2018   371,348 1,852,251 (100,059) (117,294) 1,307,629
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net common stock issued under share-based compensation plans   5 (63)      
Reissuance of treasury stock, net under share-based compensation plans     0 0    
Equity compensation     5,451      
Repurchase of common stock       0    
Other comprehensive income (loss), net of tax (11,637)       (11,637)  
Net income 181,900         181,900
Cash dividends           0
Balance, end of period at Sep. 30, 2018 3,489,531 371,353 1,857,639 (100,059) (128,931) 1,489,529
Balance, beginning of period at Dec. 31, 2018 3,581,891 371,353 1,862,536 (175,059) (124,214) 1,647,275
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net common stock issued under share-based compensation plans   0 0      
Reissuance of treasury stock, net under share-based compensation plans     (11,715) 5,989    
Equity compensation     14,152      
Repurchase of common stock       (94,126)    
Other comprehensive income (loss), net of tax 187,996       187,996  
Net income 496,653         496,653
Cash dividends           (21,223)
Balance, end of period at Sep. 30, 2019 4,159,617 371,353 1,864,973 (263,196) 63,782 2,122,705
Balance, beginning of period at Jun. 30, 2019   371,353 1,860,578 (194,070) 30,810 1,966,994
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net common stock issued under share-based compensation plans   0 0      
Reissuance of treasury stock, net under share-based compensation plans     (133) 59    
Equity compensation     4,528      
Repurchase of common stock       (69,185)    
Other comprehensive income (loss), net of tax 32,972       32,972  
Net income 176,934         176,934
Cash dividends           (21,223)
Balance, end of period at Sep. 30, 2019 $ 4,159,617 $ 371,353 $ 1,864,973 $ (263,196) $ 63,782 $ 2,122,705
XML 19 R25.htm IDEA: XBRL DOCUMENT v3.19.3
Reinsurance (Tables)
9 Months Ended
Sep. 30, 2019
Reinsurance Disclosures [Abstract]  
Effect of reinsurance agreement The effect of all of our reinsurance agreements on premiums earned and losses incurred is shown in table 4.1 below.
Reinsurance
Table
4.1
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In thousands)
 
2019
 
2018
 
2019
 
2018
Premiums earned:
 
 
 
 
 
 
 
 
Direct
 
$
294,909

 
$
275,044

 
$
861,705

 
$
808,531

Assumed
 
1,388

 
709

 
3,275

 
936

Ceded
 
(28,440
)
 
(25,327
)
 
(100,260
)
 
(79,970
)
Net premiums earned
 
$
267,857

 
$
250,426

 
$
764,720

 
$
729,497

 
 
 
 
 
 
 
 
 
Losses incurred:
 
 
 
 
 
 
 
 
Direct
 
$
36,755

 
$
(2,081
)
 
$
102,835

 
$
12,642

Assumed
 
(34
)
 
55

 
(110
)
 
45

Ceded
 
(2,736
)
 
508

 
(7,841
)
 
(3,810
)
Losses incurred, net
 
$
33,985

 
$
(1,518
)
 
$
94,884

 
$
8,877


Effect of quota share reinsurance agreements on premiums earned and losses incurred
Table 4.2 below presents a summary of our quota share reinsurance agreements for the three and nine months ended September 30, 2019 and 2018.
Quota Share Reinsurance
Table
4.2
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In thousands)
 
2019
 
2018
 
2019
 
2018
Ceded premiums written and earned, net of profit commission (1)
 
$
23,032

 
$
25,248

 
$
87,721

 
$
79,716

Ceded losses incurred
 
2,729

 
(522
)
 
7,845

 
3,531

Ceding commissions (2)
 
11,042

 
12,983

 
37,807

 
38,268

Profit commission
 
32,177

 
39,664

 
108,079

 
111,622


(1) 
Premiums are ceded on an earned and received basis as defined in the agreements. The nine months ended September 30, 2019 include the $6.8 million termination fee discussed in “2015 QSR Transaction” above.
(2) 
Ceding commissions are reported within Other underwriting and operating expenses, net on the consolidated statements of operations.

Schedule of coverages and retention The proceeds of the ILNs, which were deposited into reinsurance trusts for the benefit of MGIC, will be the source of reinsurance claim payments to MGIC and principal repayments on the ILNs.
Excess of Loss Reinsurance
Table
4.3
 
 
 
 
 
 
 
 
(In thousands)
 
 
 
 
 
As of September 30, 2019
Home Re Entity (Issue Date)
 
Policy Inforce Dates
 
Termination Option Date (1)
 
Remaining First Layer Retention
 
Remaining Excess of Loss Reinsurance Coverages
Home Re 2018-1 Ltd. (Oct. - 2018)
 
July 1, 2016 - December 31, 2017
 
October 25, 2025
 
$
168,112

 
$
288,852

Home Re 2019-1 Ltd. (May - 2019)
 
January 1, 2018 - March 31, 2019
 
May 25, 2026
 
185,714

 
315,739

Total
 
 
 
 
 
$
353,826

 
$
604,591

(1) 
We have the right to terminate the excess-of-loss reinsurance agreements under certain circumstances and on any payment date on or after the respective termination option date.
Schedule of total assets of Home Re
Table 4.4 presents the total assets of the Home Re Entities as of September 30, 2019 and December 31, 2018.
Home Re total assets
Table
4.4
 
 
(In thousands)
 
 
Home Re Entity (Issue date)
 
Total VIE Assets
September 30, 2019
 
 
Home Re 2018-01 Ltd. (Oct - 2018)
 
$
299,655

Home Re 2019-01 Ltd. (May - 2019)
 
$
315,739

 
 
 
December 31, 2018
 
 
Home Re 2018-01 Ltd. (Oct - 2018)
 
$
318,636


XML 20 R21.htm IDEA: XBRL DOCUMENT v3.19.3
Statutory Information
9 Months Ended
Sep. 30, 2019
Statutory Capital [Abstract]  
Statutory Information Statutory Information
Statutory Capital Requirements
The insurance laws of 16 jurisdictions, including Wisconsin, our domiciliary state, require a mortgage insurer to maintain a minimum amount of statutory capital relative to the net risk in force (or a similar measure) in order for the mortgage insurer to continue to write new business. We refer to these requirements as the “State Capital Requirements.” While they vary among jurisdictions, the most common State Capital Requirements allow for a maximum risk-to-capital ratio of 25 to 1. A risk-to-capital ratio will increase if (i) the percentage decrease in capital exceeds the percentage decrease in insured risk, or (ii) the percentage increase in capital is less than the percentage increase in insured risk. Wisconsin does not regulate capital by using a risk-to-capital measure but instead requires a minimum policyholder position (“MPP”). The “policyholder position” of a mortgage insurer is its net worth or surplus, contingency reserve and a portion of the reserves for unearned premiums.

At September 30, 2019, MGIC’s risk-to-capital ratio was 9.9 to 1, below the maximum allowed by the jurisdictions with State Capital Requirements, and its policyholder position was $2.9 billion above the required MPP of $1.6 billion. The calculation of our risk-to-capital ratio and MPP reflect credit for the risk ceded under our QSR Transactions and Home Re Transactions with a group of unaffiliated reinsurers. It is possible that under the revised State Capital Requirements discussed below, MGIC will not be allowed full credit for the risk ceded to the reinsurers. If MGIC is not allowed an agreed level of credit under either the State Capital Requirements or the financial requirements of the PMIERs, MGIC may terminate the reinsurance transactions, without penalty. At this time, we expect MGIC to continue to comply with the current State Capital Requirements; however, matters that could negatively affect such compliance are discussed in the rest of these consolidated financial statement footnotes.

At September 30, 2019, the risk-to-capital ratio of our combined insurance operations was 9.8 to 1.

The NAIC has previously announced plans to revise the minimum capital and surplus requirements for mortgage insurers that are provided for in its Mortgage Guaranty Insurance Model Act. In May 2016, a working group of state regulators released an exposure draft of a risk-based capital framework to establish capital requirements for mortgage insurers, although no date has been established by which the NAIC must propose revisions to the capital requirements and certain items have not yet been completely addressed by the framework, including the treatment of ceded risk, minimum capital floors, and action level triggers. Currently, we believe that the PMIERs contain more restrictive capital requirements than the draft Mortgage Guaranty Insurance Model Act in most circumstances.

While MGIC currently meets the State Capital Requirements of Wisconsin and all other jurisdictions, it could be prevented from writing new business in the future in all jurisdictions if it fails to meet the State Capital Requirements of Wisconsin, or it could be prevented from writing new business in a particular jurisdiction if it fails to meet the State Capital Requirements of that jurisdiction, and in each case MGIC does not obtain a waiver of such requirements. It is possible that regulatory action by one
or more jurisdictions, including those that do not have specific State Capital Requirements, may prevent MGIC from continuing to write new insurance in such jurisdictions.

If we are unable to write business in a particular jurisdiction, lenders may be unwilling to procure insurance from us anywhere. In addition, a lender’s assessment of the future ability of our insurance operations to meet the State Capital Requirements or the PMIERs may affect its willingness to procure insurance from us. A possible future failure by MGIC to meet the State Capital Requirements or the PMIERs will not necessarily mean that MGIC lacks sufficient resources to pay claims on its insurance liabilities. While we believe MGIC has sufficient claims paying resources to meet its claim obligations on its insurance in force on a timely basis, matters that could negatively affect MGIC’s claims paying resources are discussed in the rest of these consolidated financial statement footnotes.

Tax and Loss Bonds
As a mortgage guaranty insurer, we are eligible for a tax deduction, subject to certain limitations, under Section 832(e) of the IRC for amounts required by state law or regulation to be set aside in statutory contingency reserves. The deduction is allowed only to the extent that we purchase tax and loss bonds (“T&L Bonds”) in an amount equal to the tax benefit derived from deducting any portion of our statutory contingency reserves. During the nine months ended September 30, 2019, we had net purchases of T&L Bonds in the amount of $126 million. Under statutory accounting practices, purchases of T&L Bonds are accounted for as investments. Under GAAP, purchases of T&L Bonds are accounted for as a payment of current taxes.

Dividend restrictions
In each of the first three quarters of 2019, MGIC paid a $70 million dividend to our holding company. MGIC is subject to statutory regulations as to payment of dividends. The maximum amount of dividends that MGIC may pay in any twelve-month period without such dividends being subject to regulatory disapproval by the OCI is the lesser of adjusted statutory net income or 10% of statutory policyholders’ surplus as of the preceding calendar year end. Adjusted statutory net income is defined for this purpose to be the greater of statutory net income, net of realized investment gains, for the calendar year preceding the date of the dividend or statutory net income, net of realized investment gains, for the three calendar years preceding the date of the dividend less dividends paid within the first two of the preceding three calendar years. The OCI recognizes only statutory accounting principles prescribed, or practices permitted by the State of Wisconsin for determining and reporting the financial condition and results of operations of an insurance company. The OCI has adopted certain prescribed accounting practices that differ from those found in other states. Specifically, Wisconsin domiciled companies record changes in their contingency reserves through their income statement as a change in underwriting deduction. As a result, in periods in which MGIC is increasing contingency reserves, statutory net income is lowered.
XML 21 R29.htm IDEA: XBRL DOCUMENT v3.19.3
Other Comprehensive Income (Tables)
9 Months Ended
Sep. 30, 2019
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Other comprehensive income
The pretax and related income tax (expense) benefit components of our other comprehensive income (loss) for the three and nine months ended September 30, 2019 and 2018 are included in table 9.1 below.
Components of other comprehensive income (loss)
 
 
 
 
Table
9.1
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In thousands)
 
2019
 
2018
 
2019
 
2018
Net unrealized investment gains (losses) arising during the period
 
$
39,712

 
$
(15,288
)
 
$
231,895

 
$
(109,433
)
Income tax (expense) benefit
 
(8,340
)
 
3,211

 
(48,698
)
 
22,981

Net of taxes
 
31,372

 
(12,077
)
 
183,197

 
(86,452
)
 
 
 
 
 
 
 
 
 
Net changes in benefit plan assets and obligations
 
2,024

 
558

 
6,074

 
1,674

Income tax expense
 
(424
)
 
(118
)
 
(1,275
)
 
(352
)
Net of taxes
 
1,600

 
440

 
4,799

 
1,322

 
 
 
 
 
 
 
 
 
Total other comprehensive income (loss)
 
41,736

 
(14,730
)
 
237,969

 
(107,759
)
Total income tax (expense) benefit
 
(8,764
)
 
3,093

 
(49,973
)
 
22,629

Total other comprehensive income (loss), net of tax
 
$
32,972

 
$
(11,637
)
 
$
187,996

 
$
(85,130
)


Reclassification out of accumulated other comprehensive income
The pretax and related income tax benefit (expense) components of the amounts reclassified from our accumulated other comprehensive income (loss) (“AOCI”) to our consolidated statements of operations for the three and nine months ended September 30, 2019 and 2018 are included in table 9.2 below.
Reclassifications from AOCI
 
 
 
 
Table
9.2
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In thousands)
 
2019
 
2018
 
2019
 
2018
Reclassification adjustment for net realized gains (losses) (1)
 
$
2,772

 
$
(2,567
)
 
$
1,794

 
$
(6,279
)
Income tax (expense) benefit
 
(582
)
 
539

 
(376
)
 
1,318

Net of taxes
 
2,190

 
(2,028
)
 
1,418

 
(4,961
)
 
 
 
 
 
 
 
 
 
Reclassification adjustment related to benefit plan assets and obligations (2)
 
(2,024
)
 
(558
)
 
(6,074
)
 
(1,674
)
Income tax benefit
 
424

 
118

 
1,275

 
352

Net of taxes
 
(1,600
)
 
(440
)
 
(4,799
)
 
(1,322
)
 
 
 
 
 
 
 
 
 
Total reclassifications
 
748

 
(3,125
)
 
(4,280
)
 
(7,953
)
Total income tax (expense) benefit
 
(158
)
 
657

 
899

 
1,670

Total reclassifications, net of tax
 
$
590

 
$
(2,468
)
 
$
(3,381
)
 
$
(6,283
)

(1) 
Increases (decreases) Net realized investment (losses) gains on the consolidated statements of operations.
(2) 
Decreases (increases) Other underwriting and operating expenses, net on the consolidated statements of operations.

Accumulated other comprehensive income (loss)
A rollforward of AOCI for the nine months ended September 30, 2019, including amounts reclassified from AOCI, are included in table 9.3 below.
Rollforward of AOCI
Table
9.3
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2019
(In thousands)
 
Net unrealized gains and (losses) on available-for-sale securities
 
Net benefit plan assets and (obligations) recognized in shareholders' equity
 
Total accumulated other comprehensive income (loss)
Balance, December 31, 2018, net of tax
 
$
(35,389
)
 
$
(88,825
)
 
$
(124,214
)
Other comprehensive income before reclassifications
 
184,615

 

 
184,615

Less: Amounts reclassified from AOCI
 
1,418

 
(4,799
)
 
(3,381
)
Balance, September 30, 2019, net of tax
 
$
147,808

 
$
(84,026
)
 
$
63,782


EXCEL 22 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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ƣ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end XML 23 R17.htm IDEA: XBRL DOCUMENT v3.19.3
Benefit Plans
9 Months Ended
Sep. 30, 2019
Retirement Benefits [Abstract]  
Benefit Plans Benefit Plans
Tables 10.1 and 10.2 provide the components of net periodic benefit cost for our pension, supplemental executive retirement and other postretirement benefit plans for the three and nine months ended September 30, 2019 and 2018.
Components of net periodic benefit cost
Table
10.1
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30,
 
 
Pension and Supplemental Executive Retirement Plans
 
Other Postretirement Benefit Plans
(In thousands)
 
2019
 
2018
 
2019
 
2018
Service cost
 
$
2,086

 
$
2,633

 
$
337

 
$
290

Interest cost
 
3,926

 
3,774

 
283

 
208

Expected return on plan assets
 
(4,866
)
 
(5,563
)
 
(1,447
)
 
(1,590
)
Amortization of net actuarial losses/(gains)
 
2,103

 
1,734

 

 
(62
)
Amortization of prior service cost/(credit)
 
(71
)
 
(88
)
 
(8
)
 
(1,026
)
Net periodic benefit cost (benefit)
 
$
3,178

 
$
2,490

 
$
(835
)
 
$
(2,180
)
Components of net periodic benefit cost
Table
10.2
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30,
 
 
 
Pension and Supplemental Executive Retirement Plans
 
Other Postretirement Benefits
(in thousands)
 
2019
 
2018
 
2019
 
2018
Service cost
 
$
6,258

 
$
7,898

 
$
1,009

 
$
870

Interest cost
 
11,779

 
11,321

 
848

 
625

Expected return on plan assets
 
(14,599
)
 
(16,688
)
 
(4,339
)
 
(4,769
)
Recognized net actuarial gain (loss)
 
6,309

 
5,203

 

 
(187
)
Amortization of prior service cost
 
(211
)
 
(263
)
 
(25
)
 
(3,078
)
Net period benefit cost (benefit)
 
$
9,536

 
$
7,471

 
$
(2,507
)
 
$
(6,539
)


We currently intend to make contributions totaling $10.2 million to our qualified pension plan and supplemental executive retirement plan in 2019.
ZIP 24 0000876437-19-000047-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0000876437-19-000047-xbrl.zip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

  •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end XML 25 R13.htm IDEA: XBRL DOCUMENT v3.19.3
    Earnings per Share
    9 Months Ended
    Sep. 30, 2019
    Earnings Per Share [Abstract]  
    Earnings per Share Earnings per Share
    Basic earnings per share (“EPS”) is calculated by dividing net income by the weighted average number of shares of common stock outstanding. For purposes of calculating basic EPS, vested restricted stock and restricted stock units (“RSUs”) are considered outstanding. Diluted EPS includes the components of basic EPS and also gives effect to dilutive common stock equivalents. We calculate diluted EPS using the treasury stock method and if-converted method. Under the treasury stock method, diluted EPS reflects the potential dilution that could occur if unvested RSUs result in the issuance of common stock. Under the if-converted method, diluted EPS reflects the potential dilution that could occur if our 9% Debentures result in the issuance of common stock. The determination of potentially issuable shares does not consider the satisfaction of the conversion requirements and the shares are included in the determination of diluted EPS as of the beginning of the period, if dilutive.
     
    Table 6.1 reconciles the numerators and denominators used to calculate basic and diluted EPS.
    Earnings per share
    Table
    6.1
     
     
     
     
     
     
     
     
     
     
     
    Three Months Ended September 30,
     
    Nine Months Ended September 30,
    (In thousands, except per share data)
     
    2019
     
    2018
     
    2019
     
    2018
    Basic earnings per share:
     
     
     
     
     
     
     
     
    Net income
     
    $
    176,934

     
    $
    181,900

     
    $
    496,653

     
    $
    512,351

    Weighted average common shares outstanding - basic
     
    351,475

     
    362,180

     
    354,272

     
    367,190

    Basic earnings per share
     
    $
    0.50

     
    $
    0.50

     
    $
    1.40

     
    $
    1.40

     
     
     
     
     
     
     
     
     
    Diluted earnings per share:
     
     
     
     
     
     
     
    Net income
     
    $
    176,934

     
    $
    181,900

     
    $
    496,653

     
    $
    512,351

    Interest expense, net of tax (1):
     
     
     
     
     
     
     
     
    9% Debentures
     
    4,566

     
    4,566

     
    13,698

     
    13,698

    Diluted income available to common shareholders
     
    $
    181,500

     
    $
    186,466

     
    $
    510,351

     
    $
    526,049

     
     
     
     
     
     
     
     
     
    Weighted average common shares outstanding - basic
     
    351,475

     
    362,180

     
    354,272

     
    367,190

    Effect of dilutive securities:
     
     
     
     
     
     
     
     
    Unvested RSUs
     
    2,072

     
    1,697

     
    1,966

     
    1,547

    9% Debentures
     
    19,028

     
    19,028

     
    19,028

     
    19,028

    Weighted average common shares outstanding - diluted
     
    372,575

     
    382,905

     
    375,266

     
    387,765

    Diluted earnings per share
     
    $
    0.49

     
    $
    0.49

     
    $
    1.36

     
    $
    1.36


    (1) 
    The periods ended September 30, 2019 and 2018 were tax-effected at a rate of 21%.

    XML 26 R38.htm IDEA: XBRL DOCUMENT v3.19.3
    Reinsurance - Summary of Quota Reinsurance Arrangements (Details) - USD ($)
    $ in Thousands
    3 Months Ended 9 Months Ended
    Sep. 30, 2019
    Sep. 30, 2018
    Sep. 30, 2019
    Sep. 30, 2018
    Dec. 31, 2018
    Dec. 31, 2017
    Effects of Reinsurance [Line Items]            
    Ceded losses incurred $ 2,736 $ (508) $ 7,841 $ 3,810    
    Reinsurance recoverable on loss reserves 19,566 33,281 19,566 33,281 $ 33,328 $ 48,474
    Quota Share Reinsurance Agreements, Excluding Captive Agreements            
    Effects of Reinsurance [Line Items]            
    Ceded premiums written and earned, net of profit commission 23,032 25,248 87,721 79,716    
    Ceded losses incurred 2,729 (522) 7,845 3,531    
    Ceding commissions 11,042 12,983 37,807 38,268    
    Profit commission 32,177 $ 39,664 108,079 $ 111,622    
    Reinsurance recoverable on loss reserves $ 19,500   $ 19,500   $ 33,200  
    XML 27 R30.htm IDEA: XBRL DOCUMENT v3.19.3
    Benefit Plans (Tables)
    9 Months Ended
    Sep. 30, 2019
    Retirement Benefits [Abstract]  
    Components of net periodic benefit cost
    Tables 10.1 and 10.2 provide the components of net periodic benefit cost for our pension, supplemental executive retirement and other postretirement benefit plans for the three and nine months ended September 30, 2019 and 2018.
    Components of net periodic benefit cost
    Table
    10.1
     
     
     
     
     
     
     
     
     
     
    Three Months Ended September 30,
     
     
    Pension and Supplemental Executive Retirement Plans
     
    Other Postretirement Benefit Plans
    (In thousands)
     
    2019
     
    2018
     
    2019
     
    2018
    Service cost
     
    $
    2,086

     
    $
    2,633

     
    $
    337

     
    $
    290

    Interest cost
     
    3,926

     
    3,774

     
    283

     
    208

    Expected return on plan assets
     
    (4,866
    )
     
    (5,563
    )
     
    (1,447
    )
     
    (1,590
    )
    Amortization of net actuarial losses/(gains)
     
    2,103

     
    1,734

     

     
    (62
    )
    Amortization of prior service cost/(credit)
     
    (71
    )
     
    (88
    )
     
    (8
    )
     
    (1,026
    )
    Net periodic benefit cost (benefit)
     
    $
    3,178

     
    $
    2,490

     
    $
    (835
    )
     
    $
    (2,180
    )
    Components of net periodic benefit cost
    Table
    10.2
     
     
     
     
     
     
     
     
     
     
     
    Nine Months Ended September 30,
     
     
     
    Pension and Supplemental Executive Retirement Plans
     
    Other Postretirement Benefits
    (in thousands)
     
    2019
     
    2018
     
    2019
     
    2018
    Service cost
     
    $
    6,258

     
    $
    7,898

     
    $
    1,009

     
    $
    870

    Interest cost
     
    11,779

     
    11,321

     
    848

     
    625

    Expected return on plan assets
     
    (14,599
    )
     
    (16,688
    )
     
    (4,339
    )
     
    (4,769
    )
    Recognized net actuarial gain (loss)
     
    6,309

     
    5,203

     

     
    (187
    )
    Amortization of prior service cost
     
    (211
    )
     
    (263
    )
     
    (25
    )
     
    (3,078
    )
    Net period benefit cost (benefit)
     
    $
    9,536

     
    $
    7,471

     
    $
    (2,507
    )
     
    $
    (6,539
    )

    XML 28 R34.htm IDEA: XBRL DOCUMENT v3.19.3
    Debt - Summary of Debt Obligations (Details) - USD ($)
    Sep. 30, 2019
    Dec. 31, 2018
    Debt Instrument [Line Items]    
    Long-term debt, carrying value $ 832,500,000 $ 831,600,000
    Federal Home Loan Bank Advances (FHLB)    
    Debt Instrument [Line Items]    
    Long-term debt, carrying value $ 155,000,000.0 155,000,000.0
    Stated interest rate 1.91%  
    Senior Notes | 5.75% Senior Notes Due 2023    
    Debt Instrument [Line Items]    
    Long-term debt, carrying value $ 420,600,000 419,700,000
    Stated interest rate 5.75%  
    Debt instrument, face amount $ 425,000,000  
    9% Convertible Junior Subordinated Debentures    
    Debt Instrument [Line Items]    
    Long-term debt, carrying value $ 256,900,000 $ 256,900,000
    Stated interest rate 9.00%  
    XML 29 R55.htm IDEA: XBRL DOCUMENT v3.19.3
    Share-Based Compensation (Details) - $ / shares
    shares in Thousands
    9 Months Ended
    Sep. 30, 2019
    Sep. 30, 2018
    RSUs subject to performance conditions    
    Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
    Granted (in shares) 1,378 1,239
    Weighted Average Share Fair Value (in dollars per share) $ 11.76 $ 15.80
    RSUs subject only to service conditions    
    Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
    Granted (in shares) 605 447
    Weighted Average Share Fair Value (in dollars per share) $ 12.21 $ 15.39
    Minimum    
    Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
    Award vesting period (in years) 1 year  
    Maximum    
    Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
    Award vesting period (in years) 3 years  
    XML 30 R51.htm IDEA: XBRL DOCUMENT v3.19.3
    Loss Reserves (Details)
    $ in Thousands
    3 Months Ended 9 Months Ended
    Sep. 30, 2019
    USD ($)
    loan
    Sep. 30, 2018
    loan
    Sep. 30, 2019
    USD ($)
    loan
    Sep. 30, 2018
    USD ($)
    loan
    Dec. 31, 2018
    USD ($)
    Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]          
    Percentage of prior year delinquent inventory resolved (as a percent)     61.00% 65.00%  
    Prior years     $ (47,760) $ (146,931)  
    Prior years     165,844 $ 257,808  
    Premium refund liability, expected claim payments $ 31,000   $ 31,000   $ 40,000
    Primary Delinquent Inventory [Roll Forward]          
    Delinquent inventory at the beginning of period (in loans) | loan 29,795 36,037 32,898 46,556  
    New notices (in loans) | loan 14,019 13,569 40,545 40,351  
    Cures (in loans) | loan (12,592) (14,197) (39,822) (47,620)  
    Paids (including those charged to a deductible or captive) (in loans) | loan (1,045) (1,374) (3,345) (4,446)  
    Rescissions and denials (in loans) | loan (42) (56) (141) (200)  
    Other items removed from inventory (in loans) | loan (195) (581) (195) (1,243)  
    Delinquent inventory at end of period (in loans) | loan 29,940 33,398 29,940 33,398  
    Probable loss on litigation claims paying practices          
    Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]          
    Prior years     $ 23,500    
    Settlements for commutations of coverage, pools of nonperforming loans          
    Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]          
    Prior years     4,000 $ 40,000  
    Decrease in estimated claim rate on primary defaults          
    Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]          
    Prior years     (94,000) (184,000)  
    Increase in estimated severity on primary defaults          
    Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]          
    Prior years     2,000 22,000  
    Change in estimates related to pool reserves, LAE reserves, reinsurance, and other          
    Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]          
    Prior years     $ 44,000 $ 15,000  
    XML 31 R16.htm IDEA: XBRL DOCUMENT v3.19.3
    Other Comprehensive Income
    9 Months Ended
    Sep. 30, 2019
    Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
    Other Comprehensive Income Other Comprehensive Income
    The pretax and related income tax (expense) benefit components of our other comprehensive income (loss) for the three and nine months ended September 30, 2019 and 2018 are included in table 9.1 below.
    Components of other comprehensive income (loss)
     
     
     
     
    Table
    9.1
     
     
     
     
     
     
     
     
     
     
    Three Months Ended September 30,
     
    Nine Months Ended September 30,
    (In thousands)
     
    2019
     
    2018
     
    2019
     
    2018
    Net unrealized investment gains (losses) arising during the period
     
    $
    39,712

     
    $
    (15,288
    )
     
    $
    231,895

     
    $
    (109,433
    )
    Income tax (expense) benefit
     
    (8,340
    )
     
    3,211

     
    (48,698
    )
     
    22,981

    Net of taxes
     
    31,372

     
    (12,077
    )
     
    183,197

     
    (86,452
    )
     
     
     
     
     
     
     
     
     
    Net changes in benefit plan assets and obligations
     
    2,024

     
    558

     
    6,074

     
    1,674

    Income tax expense
     
    (424
    )
     
    (118
    )
     
    (1,275
    )
     
    (352
    )
    Net of taxes
     
    1,600

     
    440

     
    4,799

     
    1,322

     
     
     
     
     
     
     
     
     
    Total other comprehensive income (loss)
     
    41,736

     
    (14,730
    )
     
    237,969

     
    (107,759
    )
    Total income tax (expense) benefit
     
    (8,764
    )
     
    3,093

     
    (49,973
    )
     
    22,629

    Total other comprehensive income (loss), net of tax
     
    $
    32,972

     
    $
    (11,637
    )
     
    $
    187,996

     
    $
    (85,130
    )


    The pretax and related income tax benefit (expense) components of the amounts reclassified from our accumulated other comprehensive income (loss) (“AOCI”) to our consolidated statements of operations for the three and nine months ended September 30, 2019 and 2018 are included in table 9.2 below.
    Reclassifications from AOCI
     
     
     
     
    Table
    9.2
     
     
     
     
     
     
     
     
     
     
    Three Months Ended September 30,
     
    Nine Months Ended September 30,
    (In thousands)
     
    2019
     
    2018
     
    2019
     
    2018
    Reclassification adjustment for net realized gains (losses) (1)
     
    $
    2,772

     
    $
    (2,567
    )
     
    $
    1,794

     
    $
    (6,279
    )
    Income tax (expense) benefit
     
    (582
    )
     
    539

     
    (376
    )
     
    1,318

    Net of taxes
     
    2,190

     
    (2,028
    )
     
    1,418

     
    (4,961
    )
     
     
     
     
     
     
     
     
     
    Reclassification adjustment related to benefit plan assets and obligations (2)
     
    (2,024
    )
     
    (558
    )
     
    (6,074
    )
     
    (1,674
    )
    Income tax benefit
     
    424

     
    118

     
    1,275

     
    352

    Net of taxes
     
    (1,600
    )
     
    (440
    )
     
    (4,799
    )
     
    (1,322
    )
     
     
     
     
     
     
     
     
     
    Total reclassifications
     
    748

     
    (3,125
    )
     
    (4,280
    )
     
    (7,953
    )
    Total income tax (expense) benefit
     
    (158
    )
     
    657

     
    899

     
    1,670

    Total reclassifications, net of tax
     
    $
    590

     
    $
    (2,468
    )
     
    $
    (3,381
    )
     
    $
    (6,283
    )

    (1) 
    Increases (decreases) Net realized investment (losses) gains on the consolidated statements of operations.
    (2) 
    Decreases (increases) Other underwriting and operating expenses, net on the consolidated statements of operations.

    A rollforward of AOCI for the nine months ended September 30, 2019, including amounts reclassified from AOCI, are included in table 9.3 below.
    Rollforward of AOCI
    Table
    9.3
     
     
     
     
     
     
     
     
     
    Nine Months Ended September 30, 2019
    (In thousands)
     
    Net unrealized gains and (losses) on available-for-sale securities
     
    Net benefit plan assets and (obligations) recognized in shareholders' equity
     
    Total accumulated other comprehensive income (loss)
    Balance, December 31, 2018, net of tax
     
    $
    (35,389
    )
     
    $
    (88,825
    )
     
    $
    (124,214
    )
    Other comprehensive income before reclassifications
     
    184,615

     

     
    184,615

    Less: Amounts reclassified from AOCI
     
    1,418

     
    (4,799
    )
     
    (3,381
    )
    Balance, September 30, 2019, net of tax
     
    $
    147,808

     
    $
    (84,026
    )
     
    $
    63,782


    XML 32 R12.htm IDEA: XBRL DOCUMENT v3.19.3
    Litigation and Contingencies
    9 Months Ended
    Sep. 30, 2019
    Commitments and Contingencies Disclosure [Abstract]  
    Litigation and Contingencies Litigation and Contingencies
    Before paying an insurance claim, we review the loan and servicing files to determine the appropriateness of the claim amount. When reviewing the files, we may determine that we have the right to rescind coverage on the loan. We refer to insurance rescissions and denials of claims collectively as “rescissions” and variations of that term. In addition, our insurance policies generally provide that we can reduce or deny a claim if the servicer did not comply with its obligations under our insurance policy. We call such reduction of claims “curtailments.” In recent quarters, an immaterial percentage of claims received in a quarter have been resolved by rescissions. In 2018, and the first nine months of 2019, curtailments reduced our average claim paid by approximately 5.8% and 4.7%, respectively.

    Our loss reserving methodology incorporates our estimates of future rescissions, curtailments, and reversals of rescissions and curtailments. A variance between ultimate actual rescission, curtailment and reversal rates and our estimates, as a result of the outcome of litigation, settlements or other factors, could materially affect our losses.

    When the insured disputes our right to rescind coverage or curtail claims, we generally engage in discussions in an attempt to settle the dispute. If we are unable to reach a settlement, the outcome of a dispute ultimately may be determined by legal proceedings.

    Under ASC 450-20, until a loss associated with settlement discussions or legal proceedings becomes probable and can be reasonably estimated, we consider our claim payment or rescission resolved for financial reporting purposes and do not accrue an estimated loss. Where we have determined that a loss is probable and can be reasonably estimated, we have recorded our best estimate of our probable loss, including recording a probable loss of $23.5 million in the first quarter of 2019. Until settlement negotiations or legal proceedings for which we have recorded a probable loss are concluded; (including the receipt of any necessary GSE approvals), it is reasonably possible that we will record an additional loss. In addition to matters for which we have recorded a probable loss, we are involved in other discussions and/or proceedings with insureds with respect to our claims paying practices. Although it is reasonably possible that when all of these matters are resolved we will not prevail in all cases, we are unable to make a reasonable estimate or range of estimates of the potential liability. We estimate the maximum exposure associated with matters where a loss is reasonably possible to be approximately $264.0 million more than the amount of probable loss we have recorded. This estimate of maximum exposure is based upon currently available information; is subject to significant judgment, numerous assumptions and known and unknown uncertainties; will include an amount for matters for which we have recorded a probable loss until such matters are concluded; will include different matters from time to time; and does not include interest or consequential or exemplary damages. In the third quarter of 2019, we entered into an agreement to settle a claims paying practices dispute for which we previously had recognized a probable loss. There was no additional loss recognized as a result of entering into the agreement, as the settlement amount was consistent with our original estimate of the probable loss. The agreement remains subject to GSE approval.

    Mortgage insurers, including MGIC, have in the past been involved in litigation and regulatory actions related to alleged violations of the anti-referral fee provisions of the Real Estate Settlement Procedures Act (“RESPA”), and the notice provisions of the Fair Credit Reporting Act (“FCRA”). While these proceedings in the aggregate did not result in material liability for MGIC, there can be no assurance that the outcome of future proceedings, if any, under these laws would not have a material adverse effect on us. To the extent that we are construed to make independent credit decisions in connection with our contract underwriting activities, we also could be subject to increased regulatory requirements under the Equal Credit
    Opportunity Act (“EOCA”), FCRA, and other laws. Under ECOA, examination may also be made of whether a mortgage insurer’s underwriting decisions have a disparate impact on persons belonging to a protected class in violation of the law.

    Through a non-insurance subsidiary, we utilize our underwriting skills to provide an outsourced underwriting service to our customers known as contract underwriting. As part of the contract underwriting activities, that subsidiary is responsible for the quality of the underwriting decisions in accordance with the terms of the contract underwriting agreements with customers. That subsidiary may be required to provide certain remedies to its customers if certain standards relating to the quality of our underwriting work are not met, and we have an established reserve for such future obligations. Claims for remedies may be made a number of years after the underwriting work was performed. The underwriting remedy expense for 2018 and the first nine months of 2019 was immaterial to our consolidated financial statements.

    In addition to the matters described above, we are involved in other legal proceedings in the ordinary course of business. In our opinion, based on the facts known at this time, the ultimate resolution of these ordinary course legal proceedings will not have a material adverse effect on our financial position or consolidated results of operations.
    XML 33 R31.htm IDEA: XBRL DOCUMENT v3.19.3
    Loss Reserves (Tables)
    9 Months Ended
    Sep. 30, 2019
    Insurance Loss Reserves [Abstract]  
    Reconciliation of beginning and ending loss reserves

    Table 11.1 provides a reconciliation of beginning and ending loss reserves as of and for the nine months ended September 30, 2019 and 2018.
    Development of reserves for losses and loss adjustment expenses
    Table
    11.1
     
     
     
     
     
     
     
    Nine Months Ended September 30,
    (In thousands)
     
    2019
     
    2018
    Reserve at beginning of period
     
    $
    674,019

     
    $
    985,635

    Less reinsurance recoverable
     
    33,328

     
    48,474

    Net reserve at beginning of period
     
    640,691

     
    937,161

     
     
     
     
     
    Losses incurred:
     
     
     
     
    Losses and LAE incurred in respect of delinquency notices received in:
     
     
     
     
    Current year
     
    142,644

     
    155,808

    Prior years (1)
     
    (47,760
    )
     
    (146,931
    )
    Total losses incurred
     
    94,884

     
    8,877

     
     
     
     
     
    Losses paid:
     
     
     
     
    Losses and LAE paid in respect of delinquency notices received in:
     
     
     
     
    Current year
     
    980

     
    2,449

    Prior years
     
    165,844

     
    257,808

    Reinsurance terminations
     
    (13,980
    )
     
    (1,984
    )
    Total losses paid
     
    152,844

     
    258,273

    Net reserve at end of period
     
    582,731

     
    687,765

    Plus reinsurance recoverables
     
    19,566

     
    33,281

    Reserve at end of period
     
    $
    602,297

     
    $
    721,046

    (1) 
    A negative number for prior year losses incurred indicates a redundancy of prior year loss reserves. See the following table for more information about prior year loss development.

    Prior year development of the reserves
    The prior year development of the reserves in the first nine months of 2019 and 2018 is reflected in table 11.2 below.
    Reserve development on previously received delinquencies
    Table
    11.2
     
     
     
     
     
     
     
    Nine Months Ended September 30,
    (In millions)
     
    2019
     
    2018
    Decrease in estimated claim rate on primary defaults
     
    $
    (94
    )
     
    $
    (184
    )
    Increase in estimated severity on primary defaults
     
    2

     
    22

    Change in estimates related to pool reserves, LAE reserves, reinsurance, and other
     
    44

     
    15

    Total prior year loss development (1)
     
    $
    (48
    )
     
    $
    (147
    )
    (1) 
    A negative number for prior year loss development indicates a redundancy of prior year loss reserves.
    Rollforward of primary delinquent inventory
    A rollforward of our primary delinquent inventory for the three and nine months ended September 30, 2019 and 2018 appears in table 11.3 below. The information concerning new notices and cures is compiled from monthly reports received from loan servicers. The level of new notice and cure activity reported in a particular month can be influenced by, among other things, the date on which a servicer generates its report, the accuracy of the data provided by servicers, the number of business days in a month, transfers of servicing between loan servicers and whether all servicers have provided the reports in a given month.
    Delinquent inventory rollforward
     
     
     
     
    Table
    11.3
     
     
     
     
     
     
     
     
     
     
    Three Months Ended September 30,
     
    Nine Months Ended September 30,
     
     
    2019
     
    2018
     
    2019
     
    2018
    Delinquent inventory at beginning of period
     
    29,795

     
    36,037

     
    32,898

     
    46,556

    New notices
     
    14,019

     
    13,569

     
    40,545

     
    40,351

    Cures
     
    (12,592
    )
     
    (14,197
    )
     
    (39,822
    )
     
    (47,620
    )
    Paid claims
     
    (1,045
    )
     
    (1,374
    )
     
    (3,345
    )
     
    (4,446
    )
    Rescissions and denials
     
    (42
    )
     
    (56
    )
     
    (141
    )
     
    (200
    )
    Other items removed from inventory
     
    (195
    )
     
    (581
    )
     
    (195
    )
     
    (1,243
    )
    Delinquent inventory at end of period
     
    29,940

     
    33,398

     
    29,940

     
    33,398



    Aging of the primary delinquent inventory
    Table 11.4 below shows the number of consecutive months a borrower is delinquent. Historically as a delinquency ages it becomes more likely to result in a claim.
    Primary delinquent inventory - consecutive months delinquent
    Table
    11.4
     
     
     
     
    September 30, 2019
    December 31, 2018
    September 30, 2018
    3 months or less
    9,462

    9,829

    9,484

    4-11 months
    9,082

    9,655

    9,564

    12 months or more (1)
    11,396

    13,414

    14,350

    Total
    29,940

    32,898

    33,398

    3 months or less
    32
    %
    30
    %
    28
    %
    4-11 months
    30
    %
    29
    %
    29
    %
    12 months or more
    38
    %
    41
    %
    43
    %
    Total
    100
    %
    100
    %
    100
    %
    Primary claims received inventory included in ending delinquent inventory
    557

    809

    766

    (1) 
    Approximately 36%, 38%, and 39% of the primary delinquent inventory delinquent for 12 consecutive months or more has been delinquent for at least 36 consecutive months as of September 30, 2019, December 31, 2018, and September 30, 2018, respectively.

    XML 34 R35.htm IDEA: XBRL DOCUMENT v3.19.3
    Debt - Narrative (Details)
    9 Months Ended
    Sep. 30, 2019
    USD ($)
    $ / shares
    Sep. 30, 2018
    USD ($)
    May 31, 2019
    USD ($)
    Debt Instrument [Line Items]      
    Line of credit facility, maximum borrowing capacity     $ 175,000,000
    Total interest payments $ 38,500,000 $ 38,800,000  
    9% Convertible Junior Subordinated Debentures      
    Debt Instrument [Line Items]      
    Conversion rate (in shares per $1,000 note) 0.0740741    
    Principal amount of notes used in determining conversion price per share $ 1,000    
    Convertible debt, conversion price (in dollars per share) | $ / shares $ 13.50    
    Reference dividend amount (per share) | $ / shares $ 0.025    
    Conversion rate adjustment, threshold 1.00%    
    Period preceding election to convert (in days) 5 days    
    Stated interest rate 9.00%    
    Senior Notes | 5.75% Senior Notes Due 2023      
    Debt Instrument [Line Items]      
    Stated interest rate 5.75%    
    XML 35 R39.htm IDEA: XBRL DOCUMENT v3.19.3
    Reinsurance - Variable Interest Entity (Details) - USD ($)
    $ in Thousands
    9 Months Ended
    Sep. 30, 2019
    Dec. 31, 2018
    Home Re special purpose insurers    
    Effects of Reinsurance [Line Items]    
    Term of mortgage insurance-linked notes 10 years  
    Remaining First Layer Retention $ 353,826  
    Remaining Excess of Loss Reinsurance Coverages 604,591  
    Home Re 2018-1    
    Effects of Reinsurance [Line Items]    
    Remaining First Layer Retention 168,112  
    Remaining Excess of Loss Reinsurance Coverages 288,852  
    Total VIE Assets 299,655 $ 318,636
    Home Re 2019-1    
    Effects of Reinsurance [Line Items]    
    Remaining First Layer Retention 185,714  
    Remaining Excess of Loss Reinsurance Coverages 315,739  
    Total VIE Assets $ 315,739  
    XML 36 R54.htm IDEA: XBRL DOCUMENT v3.19.3
    Shareholders' Equity (Details) - USD ($)
    $ / shares in Units, $ in Thousands, shares in Millions
    1 Months Ended 9 Months Ended
    Oct. 24, 2019
    Sep. 30, 2019
    Sep. 30, 2019
    Sep. 30, 2018
    Class of Stock [Line Items]        
    Shares repurchased in period (in shares)     7.3  
    Shares repurchased, weighted average price per share     $ 12.92  
    Quarterly cash dividend paid (per share)   $ 0.06    
    Total dividends paid   $ 21,000 $ 20,989 $ 0
    First Quarter 2019 Repurchase Program        
    Class of Stock [Line Items]        
    Remaining authorized repurchase amount   $ 131,000 $ 131,000  
    Subsequent Event        
    Class of Stock [Line Items]        
    Quarterly cash dividend declared (per share) $ 0.06      
    XML 37 R50.htm IDEA: XBRL DOCUMENT v3.19.3
    Benefit Plans (Details) - USD ($)
    $ in Thousands
    3 Months Ended 9 Months Ended
    Sep. 30, 2019
    Sep. 30, 2018
    Sep. 30, 2019
    Sep. 30, 2018
    Pension and Supplemental Executive Retirement Plans        
    Components of Net Periodic Benefit Cost [Abstract]        
    Service cost $ 2,086 $ 2,633 $ 6,258 $ 7,898
    Interest cost 3,926 3,774 11,779 11,321
    Expected return on plan assets (4,866) (5,563) (14,599) (16,688)
    Amortization of net actuarial losses/(gains) 2,103 1,734 6,309 5,203
    Amortization of prior service cost/(credit) (71) (88) (211) (263)
    Net periodic benefit cost (benefit) 3,178 2,490 9,536 7,471
    Estimated employer contributions in current fiscal year 10,200   10,200  
    Other Postretirement Benefit Plans        
    Components of Net Periodic Benefit Cost [Abstract]        
    Service cost 337 290 1,009 870
    Interest cost 283 208 848 625
    Expected return on plan assets (1,447) (1,590) (4,339) (4,769)
    Amortization of net actuarial losses/(gains) 0 (62) 0 (187)
    Amortization of prior service cost/(credit) (8) (1,026) (25) (3,078)
    Net periodic benefit cost (benefit) $ (835) $ (2,180) $ (2,507) $ (6,539)
    XML 39 R41.htm IDEA: XBRL DOCUMENT v3.19.3
    Earnings per Share (Details) - USD ($)
    $ / shares in Units, shares in Thousands, $ in Thousands
    3 Months Ended 9 Months Ended
    Sep. 30, 2019
    Sep. 30, 2018
    Sep. 30, 2019
    Sep. 30, 2018
    Basic earnings per share:        
    Net income $ 176,934 $ 181,900 $ 496,653 $ 512,351
    Weighted average common shares outstanding - basic (in shares) 351,475 362,180 354,272 367,190
    Basic earnings per share (in dollars per share) $ 0.50 $ 0.50 $ 1.40 $ 1.40
    Diluted earnings per share:        
    Net income $ 176,934 $ 181,900 $ 496,653 $ 512,351
    Diluted income available to common shareholders $ 181,500 $ 186,466 $ 510,351 $ 526,049
    Weighted average common shares outstanding - basic (in shares) 351,475 362,180 354,272 367,190
    Effect of dilutive securities:        
    Weighted average common shares outstanding - diluted (in shares) 372,575 382,905 375,266 387,765
    Diluted earnings per share (in dollars per share) $ 0.49 $ 0.49 $ 1.36 $ 1.36
    Effective income tax rate     21.00% 21.00%
    9% Convertible Junior Subordinated Debentures        
    Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
    Stated interest rate 9.00%   9.00%  
    Diluted earnings per share:        
    Dilutive securities $ 4,566 $ 4,566 $ 13,698 $ 13,698
    Effect of dilutive securities:        
    Dilutive securities (in shares) 19,028 19,028 19,028 19,028
    Unvested RSUs        
    Effect of dilutive securities:        
    Unvested RSUs (in shares) 2,072 1,697 1,966 1,547
    XML 40 R45.htm IDEA: XBRL DOCUMENT v3.19.3
    Investments - Securities In Unrealized Loss Position (Details) - USD ($)
    $ in Thousands
    Sep. 30, 2019
    Dec. 31, 2018
    Schedule of Investments [Line Items]    
    Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months $ 391,108 $ 2,026,193
    Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer 339,648 1,554,704
    Total 730,756 3,580,897
    Less Than 12 Months (4,911) (28,520)
    12 Months or Greater (3,475) (49,384)
    Total (8,386) (77,904)
    U.S. Treasury securities and obligations of U.S. government corporations and agencies    
    Schedule of Investments [Line Items]    
    Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months 25,284 23,710
    Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer 7,364 69,146
    Total 32,648 92,856
    Less Than 12 Months (48) (15)
    12 Months or Greater (27) (1,061)
    Total (75) (1,076)
    Obligations of U.S. states and political subdivisions    
    Schedule of Investments [Line Items]    
    Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months 4,965 316,655
    Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer 10,007 358,086
    Total 14,972 674,741
    Less Than 12 Months (467) (3,875)
    12 Months or Greater (27) (7,110)
    Total (494) (10,985)
    Corporate debt securities    
    Schedule of Investments [Line Items]    
    Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months 135,541 1,272,279
    Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer 78,842 785,627
    Total 214,383 2,057,906
    Less Than 12 Months (2,818) (18,130)
    12 Months or Greater (333) (22,384)
    Total (3,151) (40,514)
    Asset backed securities (“ABS”)    
    Schedule of Investments [Line Items]    
    Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months 8,998 51,324
    Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer 0 0
    Total 8,998 51,324
    Less Than 12 Months (65) (146)
    12 Months or Greater 0 0
    Total (65) (146)
    Residential mortgage backed securities (“RMBS”)    
    Schedule of Investments [Line Items]    
    Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months 47,166 24
    Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer 116,534 178,573
    Total 163,700 178,597
    Less Than 12 Months (309) 0
    12 Months or Greater (2,354) (10,309)
    Total (2,663) (10,309)
    Commercial mortgage backed securities (“CMBS”)    
    Schedule of Investments [Line Items]    
    Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months 21,882 65,704
    Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer 13,579 163,272
    Total 35,461 228,976
    Less Than 12 Months (196) (1,060)
    12 Months or Greater (70) (8,520)
    Total (266) (9,580)
    Collateralized loan obligations (“CLOs”)    
    Schedule of Investments [Line Items]    
    Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months 147,272 296,497
    Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer 113,322 0
    Total 260,594 296,497
    Less Than 12 Months (1,008) (5,294)
    12 Months or Greater (664) 0
    Total $ (1,672) $ (5,294)
    XML 42 R49.htm IDEA: XBRL DOCUMENT v3.19.3
    Other Comprehensive Income (Details) - USD ($)
    $ in Thousands
    3 Months Ended 9 Months Ended
    Sep. 30, 2019
    Sep. 30, 2018
    Sep. 30, 2019
    Sep. 30, 2018
    Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
    Total other comprehensive income (loss) $ 41,736 $ (14,730) $ 237,969 $ (107,759)
    Income tax (expense) benefit (8,764) 3,093 (49,973) 22,629
    Other comprehensive income (loss), net of tax 32,972 (11,637) 187,996 (85,130)
    Amounts Reclassified From Accumulated Other Comprehensive Income [Abstract]        
    Income before tax 223,120 231,894 625,267 649,441
    Income tax (expense) benefit (46,186) (49,994) (128,614) (137,090)
    Net income 176,934 181,900 496,653 512,351
    AOCI Attributable to Parent, Net of Tax [Roll Forward]        
    Balance, beginning of period     3,581,891  
    Other comprehensive income before reclassifications     184,615  
    Less: Amounts reclassified from AOCI     (3,381)  
    Balance, end of period 4,159,617 3,489,531 4,159,617 3,489,531
    Reclassification from Accumulated Other Comprehensive Income        
    Amounts Reclassified From Accumulated Other Comprehensive Income [Abstract]        
    Income before tax 748 (3,125) (4,280) (7,953)
    Income tax (expense) benefit (158) 657 899 1,670
    Net income 590 (2,468) (3,381) (6,283)
    Accumulated other comprehensive income (loss)        
    Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
    Other comprehensive income (loss), net of tax 32,972 (11,637) 187,996 (85,130)
    AOCI Attributable to Parent, Net of Tax [Roll Forward]        
    Balance, beginning of period 30,810 (117,294) (124,214) (43,801)
    Balance, end of period 63,782 (128,931) 63,782 (128,931)
    Net unrealized gains and (losses) on available-for-sale securities        
    Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
    Total other comprehensive income (loss) 39,712 (15,288) 231,895 (109,433)
    Income tax (expense) benefit (8,340) 3,211 (48,698) 22,981
    Other comprehensive income (loss), net of tax 31,372 (12,077) 183,197 (86,452)
    AOCI Attributable to Parent, Net of Tax [Roll Forward]        
    Balance, beginning of period     (35,389)  
    Other comprehensive income before reclassifications     184,615  
    Less: Amounts reclassified from AOCI     1,418  
    Balance, end of period 147,808   147,808  
    Net unrealized gains and (losses) on available-for-sale securities | Reclassification from Accumulated Other Comprehensive Income        
    Amounts Reclassified From Accumulated Other Comprehensive Income [Abstract]        
    Income before tax 2,772 (2,567) 1,794 (6,279)
    Income tax (expense) benefit (582) 539 (376) 1,318
    Net income 2,190 (2,028) 1,418 (4,961)
    Net benefit plan assets and (obligations) recognized in shareholders' equity        
    Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]        
    Total other comprehensive income (loss) 2,024 558 6,074 1,674
    Income tax (expense) benefit (424) (118) (1,275) (352)
    Other comprehensive income (loss), net of tax 1,600 440 4,799 1,322
    AOCI Attributable to Parent, Net of Tax [Roll Forward]        
    Balance, beginning of period     (88,825)  
    Other comprehensive income before reclassifications     0  
    Less: Amounts reclassified from AOCI     (4,799)  
    Balance, end of period (84,026)   (84,026)  
    Net benefit plan assets and (obligations) recognized in shareholders' equity | Reclassification from Accumulated Other Comprehensive Income        
    Amounts Reclassified From Accumulated Other Comprehensive Income [Abstract]        
    Income before tax (2,024) (558) (6,074) (1,674)
    Income tax (expense) benefit 424 118 1,275 352
    Net income $ (1,600) $ (440) $ (4,799) $ (1,322)
    XML 43 R3.htm IDEA: XBRL DOCUMENT v3.19.3
    CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
    $ in Thousands
    Sep. 30, 2019
    Dec. 31, 2018
    Statement of Financial Position [Abstract]    
    Fixed maturities, amortized cost $ 5,473,893 $ 5,196,784
    Cost $ 17,205 $ 3,993
    Common stock, par value (in dollars per share) $ 1 $ 1
    Common stock, shares authorized (in shares) 1,000,000,000 1,000,000,000
    Common stock, shares issued (in shares) 371,353,000 371,353,000
    Common stock, shares outstanding (in shares) 348,709,000 355,371,000
    Treasury stock, shares at cost (in shares) 22,644,000 15,982,000
    XML 44 R7.htm IDEA: XBRL DOCUMENT v3.19.3
    CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
    $ in Thousands
    9 Months Ended
    Sep. 30, 2019
    Sep. 30, 2018
    Cash flows from operating activities:    
    Net income $ 496,653 $ 512,351
    Adjustments to reconcile net income to net cash provided by operating activities:    
    Depreciation and amortization 35,778 45,267
    Deferred tax expense 7,628 145,397
    Net realized investment (gains) losses (3,986) 1,112
    Change in certain assets and liabilities:    
    Accrued investment income (319) 694
    Reinsurance recoverable on loss reserves 13,762 15,193
    Reinsurance recoverable on paid losses 1,375 761
    Premium receivable 3,286 2,405
    Deferred insurance policy acquisition costs (122) 176
    Profit commission receivable 3,868 (9,098)
    Loss reserves (71,722) (264,589)
    Unearned premiums (17,429) 14,680
    Return premium accrual (9,600) (18,600)
    Current income taxes (8,765) (75,393)
    Other, net 7,756 13,191
    Net cash provided by operating activities 458,163 383,547
    Cash flows from investing activities:    
    Purchases of investments (1,043,003) (1,074,849)
    Proceeds from sales of investments 201,369 338,939
    Proceeds from maturity of fixed income securities 536,747 594,679
    Net increase in payable for securities 0 43,679
    Additions to property and equipment (4,079) (10,659)
    Net cash used in investing activities (308,966) (108,211)
    Cash flows from financing activities:    
    Repurchase of common stock (105,766) (100,059)
    Dividends paid (20,989) 0
    Payment of withholding taxes related to share-based compensation net share settlement (5,726) (8,131)
    Net cash used in financing activities (132,481) (108,190)
    Net increase in cash and cash equivalents and restricted cash and cash equivalents 16,716 167,146
    Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 155,038 99,851
    Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 171,754 $ 266,997
    XML 45 R28.htm IDEA: XBRL DOCUMENT v3.19.3
    Fair Value Measurements (Tables)
    9 Months Ended
    Sep. 30, 2019
    Fair Value Disclosures [Abstract]  
    Fair value measurements for items measured at fair value
    Assets measured at fair value, by hierarchy level, as of September 30, 2019 and December 31, 2018 are shown in tables 8.1a and 8.1b below. The fair value of the assets is estimated using the process described above, and more fully in Note 3 - “Significant Accounting Policies” of the notes to the consolidated financial statements in our 2018 Annual Report on Form 10-K.
    Assets carried at fair value by hierarchy level as of September 30, 2019
    Table
    8.1a
     
     
     
     
     
     
     
     
    (In thousands)
     
    Total Fair Value
     
    Quoted Prices in Active Markets for Identical Assets
    (Level 1)
     
    Significant Other Observable Inputs
    (Level 2)
     
    Significant Unobservable Inputs
    (Level 3)
    U.S. Treasury securities and obligations of U.S. government corporations and agencies
     
    $
    199,129

     
    $
    40,545

     
    $
    158,584

     
    $

    Obligations of U.S. states and political subdivisions
     
    1,660,552

     

     
    1,660,552

     

    Corporate debt securities
     
    2,724,603

     

     
    2,724,603

     

    ABS
     
    215,546

     

     
    215,546

     

    RMBS
     
    246,457

     

     
    246,457

     

    CMBS
     
    286,812

     

     
    286,812

     

    CLOs
     
    327,893

     

     
    327,893

     

    Total fixed income securities
     
    5,660,992

     
    40,545

     
    5,620,447

     

    Equity securities
     
    17,360

     
    17,360

     

     

    Other (1)
     
    161,518

     
    161,518

     

     

    Real estate acquired (2)
     
    7,779

     

     

     
    7,779

    Total
     
    $
    5,847,649

     
    $
    219,423

     
    $
    5,620,447

     
    $
    7,779

    Assets carried at fair value by hierarchy level as of December 31, 2018
    Table
    8.1b
     
     
     
     
     
     
     
     
    (In thousands)
     
    Total Fair Value
     
    Quoted Prices in Active Markets for Identical Assets
    (Level 1)
     
    Significant Other Observable Inputs
    (Level 2)
     
    Significant Unobservable Inputs
    (Level 3)
    U.S. Treasury securities and obligations of U.S. government corporations and agencies
     
    $
    167,176

     
    $
    42,264

     
    $
    124,912

     
    $

    Obligations of U.S. states and political subdivisions
     
    1,720,100

     

     
    1,720,087

     
    13

    Corporate debt securities
     
    2,400,762

     

     
    2,400,762

     

    ABS
     
    112,033

     

     
    112,033

     

    RMBS
     
    178,961

     

     
    178,961

     

    CMBS
     
    267,660

     

     
    267,660

     

    CLOs
     
    305,295

     

     
    305,295

     

    Total fixed income securities
     
    5,151,987

     
    42,264

     
    5,109,710

     
    13

    Equity securities
     
    3,932

     
    3,932

     

     

    Other (1)
     
    96,403

     
    96,403

     

     

    Real estate acquired (2)
     
    14,535

     

     

     
    14,535

    Total
     
    $
    5,266,857

     
    $
    142,599

     
    $
    5,109,710

     
    $
    14,548

    (1) 
    Consists of money market funds included in “Cash and Cash Equivalents” and “Restricted Cash and Cash Equivalents” on the consolidated balance sheets.
    (2) 
    Real estate acquired through claim settlement, which is held for sale, is reported in “Other assets” on the consolidated balance sheets.
    Reconciliation of beginning and ending balance for assets and liabilities measured at fair value with significant unobservable inputs (level 3)
    For assets measured at fair value using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances for the three and nine months ended September 30, 2019 and 2018 is shown in tables 8.2a through 8.2d below. As shown in table 8.2d below, we transferred our FHLB stock out of Level 3 assets, and it is carried at cost, which approximates fair value, on our consolidated balance sheet in “Other invested assets.” There were no losses included in earnings for those periods attributable to the change in unrealized losses on assets still held at the end of the applicable period.
    Fair value roll-forward for financial instruments classified as Level 3 for the three months ended September 30, 2019
    Table
    8.2a
     
     
     
     
     
     
     
     
    (In thousands)
     
    Fixed income
     
    Equity Securities
     
    Total Investments
     
    Real Estate Acquired
    Balance at June 30, 2019
     
    $

     
    $

     
    $

     
    $
    10,250

    Purchases
     

     

     

     
    4,681

    Sales
     

     

     

     
    (7,173
    )
    Included in earnings and reported as losses incurred, net
     

     

     

     
    21

    Balance at September 30, 2019
     
    $

     
    $

     
    $

     
    $
    7,779

    Fair value roll-forward for financial instruments classified as Level 3 for the nine months ended September 30, 2019
    Table
    8.2b
     
     
     
     
     
     
     
     
    (In thousands)
     
    Fixed income
     
    Equity Securities
     
    Total Investments
     
    Real Estate Acquired
    Balance at December 31, 2018
     
    $
    13

     
    $

     
    $
    13

     
    $
    14,535

    Purchases
     

     

     

     
    19,872

    Sales
     
    (13
    )
     

     
    (13
    )
     
    (26,197
    )
    Included in earnings and reported as losses incurred, net
     

     

     

     
    (431
    )
    Balance at September 30, 2019
     
    $

     
    $

     
    $

     
    $
    7,779

    Fair value roll-forward for financial instruments classified as Level 3 for the three months ended September 30, 2018
    Table
    8.2c
     
     
     
     
     
     
     
     
    (In thousands)
     
    Fixed income
     
    Equity
    Securities
     
    Total
    Investments
     
    Real Estate
    Acquired
    Balance at June 30, 2018
     
    192

     
    1,168

     
    1,360

     
    13,321

    Purchases
     

     

     

     
    7,979

    Sales
     
    (115
    )
     

     
    (115
    )
     
    (8,511
    )
    Included in earnings and reported as net realized investment gains
     

     
    3,663

     
    3,663

     

    Included in earnings and reported as losses incurred, net
     

     

     

     
    (450
    )
    Balance at September 30, 2018
     
    $
    77

     
    $
    4,831

     
    $
    4,908

     
    $
    12,339

    Fair value roll-forward for financial instruments classified as Level 3 for the nine months ended September 30, 2018
    Table
    8.2d
     
     
     
     
     
     
     
     
    (In thousands)
     
    Fixed income
     
    Equity
    Securities
     
    Total
    Investments
     
    Real Estate
    Acquired
    Balance at December 31, 2017
     
    271

     
    4,268

     
    4,539

     
    12,713

    Transfers out of Level 3
     

     
    (3,100
    )
     
    (3,100
    )
     

    Purchases
     

     

     

     
    24,742

    Sales
     
    (194
    )
     

     
    (194
    )
     
    (24,012
    )
    Included in earnings and reported as net realized investment gains
     

     
    3,663

     
    3,663

     

    Included in earnings and reported as losses incurred, net
     

     

     

     
    (1,104
    )
    Balance at September 30, 2018
     
    $
    77

     
    $
    4,831

     
    $
    4,908

     
    $
    12,339


    Carrying value and fair value of financial assets and liabilities
    Table 8.3 presents the carrying value and fair value of our financial assets and liabilities disclosed, but not carried, at fair value at September 30, 2019 and December 31, 2018.
    Financial assets and liabilities not measured at fair value
    Table
    8.3
     
     
     
     
     
     
     
     
     
     
    September 30, 2019
     
    December 31, 2018
    (In thousands)
     
    Carrying Value
     
    Fair Value
     
    Carrying Value
     
    Fair Value
    Financial assets
     
     
     
     
     
     
     
     
    Other invested assets
     
    $
    3,100

     
    $
    3,100

     
    $
    3,100

     
    $
    3,100

     
     
     
     
     
     
     
     
     
    Financial liabilities
     
     
     
     
     
     
     
     
    FHLB Advance
     
    $
    155,000

     
    $
    156,637

     
    $
    155,000

     
    $
    150,551

    5.75% Senior Notes
     
    420,578

     
    467,317

     
    419,713

     
    425,791

    9% Convertible Junior Subordinated Debentures
     
    256,872

     
    351,699

     
    256,872

     
    338,069

    Total financial liabilities
     
    $
    832,450

     
    $
    975,653

     
    $
    831,585

     
    $
    914,411


    XML 46 R24.htm IDEA: XBRL DOCUMENT v3.19.3
    Debt (Tables)
    9 Months Ended
    Sep. 30, 2019
    Debt Disclosure [Abstract]  
    Long-term debt
    The par value of our long-term debt obligations and their aggregate carrying values as of September 30, 2019 and December 31, 2018 are presented in table 3.1 below.
    Long-term debt obligations
    Table
    3.1
     
     
     
     
    (In millions)
     
    September 30,
    2019
     
    December 31,
    2018
    FHLB Advance - 1.91%, due February 2023
     
    $
    155.0

     
    $
    155.0

    5.75% Notes, due August 2023 (par value: $425 million)
     
    420.6

     
    419.7

    9% Debentures, due April 2063 (1)
     
    256.9

     
    256.9

    Long-term debt, carrying value
     
    $
    832.5

     
    $
    831.6


    (1) 
    Convertible at any time prior to maturity at the holder’s option, at an initial conversion rate, which is subject to adjustment, of 74.0741 shares per $1,000 principal amount, representing an initial conversion price of approximately $13.50 per share. In the event of a cash dividend to all or substantially all holders of our common stock, the conversion rate shall be increased by multiplying the conversion rate in effect immediately prior to the ex-dividend date for such distribution by a fraction, (a) the numerator shall be the current market price of our common stock on the ex-dividend date; and (b) the denominator shall be the current market price of our common stock on the ex-dividend date less the amount by which the dividend per share exceeds $0.025. No adjustment in the conversion rate shall be required unless such adjustment would require an increase or decrease of at least one percent in such rate; provided that any such adjustments that are not required to be made shall be carried forward and such carry-forward adjustments shall be made, regardless of whether the aggregate adjustment is less than one percent at the end of each fiscal year, or in certain other circumstances. The conversion price per share is $1,000 divided by the conversion rate, and will change upon a change in the conversion rate. If a holder elects to convert its debentures, deferred interest owed on the debentures being converted is also converted into shares of our common stock. The conversion rate for any deferred interest is based on the average price that our shares traded at during a 5-day period immediately prior to the election to convert. In lieu of issuing shares of common stock upon conversion of the debentures, we may, at our option, make a cash payment to converting holders for all or some of the shares of our common stock otherwise issuable upon conversion.
    XML 47 R20.htm IDEA: XBRL DOCUMENT v3.19.3
    Share-Based Compensation
    9 Months Ended
    Sep. 30, 2019
    Share-based Payment Arrangement [Abstract]  
    Share-Based Compensation Share-Based Compensation
    We have certain share-based compensation plans. Under the fair value method, compensation cost is measured at the grant date based on the fair value of the award and is recognized over the service period which generally corresponds to the vesting period. Awards under our plans generally vest over periods ranging from one to three years.

    Table 13.1 shows the number of restricted stock units (RSUs) granted to employees and the weighted average fair value per share during the periods presented (shares in thousands).
    Restricted stock unit grants
    Table
    13.1
     
     
     
     
     
     
     
    Nine months ended September 30,
     
     
    2019
     
    2018
     
     
    RSUs
    Granted
    Weighted Average Share Fair Value
     
    RSUs
    Granted
    Weighted Average Share Fair Value
    RSUs subject to performance conditions
    1,378

    $
    11.76

     
    1,239

    $
    15.80

    RSUs subject only to service conditions
    605

    12.21

     
    447

    15.39


    XML 48 R33.htm IDEA: XBRL DOCUMENT v3.19.3
    Significant Accounting Policies Significant Accounting Policies (Details)
    $ in Millions
    Sep. 30, 2019
    USD ($)
    New Accounting Pronouncements and Changes in Accounting Principles [Abstract]  
    Minimum future operating lease payments $ 2.0
    XML 49 R37.htm IDEA: XBRL DOCUMENT v3.19.3
    Reinsurance - Narrative (Details) - USD ($)
    3 Months Ended 9 Months Ended
    Jun. 30, 2019
    Sep. 30, 2019
    Jun. 30, 2019
    Sep. 30, 2018
    Sep. 30, 2019
    Sep. 30, 2018
    Effects of Reinsurance [Line Items]            
    Ceded premiums   $ 28,440,000   $ 25,327,000 $ 100,260,000 $ 79,970,000
    Quota Share Reinsurance Agreement, 2019            
    Effects of Reinsurance [Line Items]            
    Contingent termination fee         $ 0  
    Threshold for private mortgage insurer eligibility requirements for termination election (less than) (as a percent)         90.00%  
    Quota share for all policies covered (as a percent)         30.00%  
    Cede rate, option 1 (as a percent)         25.00%  
    Cede rate, option 2 (as a percent)         20.00%  
    Ceding commission, percentage (as a percent)         20.00%  
    Loss ratio threshold for profit commissions (as a percent)         62.00%  
    Quota Share Reinsurance Agreement, 2015            
    Effects of Reinsurance [Line Items]            
    Contingent termination fee   $ 0 $ 6,800,000      
    Threshold for private mortgage insurer eligibility requirements for termination election (less than) (as a percent)   90.00%        
    Quota share for all policies covered (as a percent) 30.00% 15.00%        
    Loss ratio threshold for profit commissions (as a percent)   68.00%        
    Excess of Loss Reinsurance Agreement, Home Re            
    Effects of Reinsurance [Line Items]            
    Ceded premiums   $ 5,400,000     $ 12,400,000  
    JSON 50 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "mtg-093019x10q.htm": { "axisCustom": 0, "axisStandard": 16, "contextCount": 279, "dts": { "calculationLink": { "local": [ "mtg-20190930_cal.xml" ] }, "definitionLink": { "local": [ "mtg-20190930_def.xml" ], "remote": [ "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-eedm-def-2019-01-31.xml", "http://xbrl.fasb.org/srt/2019/elts/srt-eedm1-def-2019-01-31.xml" ] }, "inline": { "local": [ "mtg-093019x10q.htm" ] }, "labelLink": { "local": [ "mtg-20190930_lab.xml" ], "remote": [ "https://xbrl.sec.gov/dei/2019/dei-doc-2019-01-31.xml", "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-doc-2019-01-31.xml" ] }, "presentationLink": { "local": [ "mtg-20190930_pre.xml" ] }, "referenceLink": { "remote": [ "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-ref-2019-01-31.xml", "https://xbrl.sec.gov/dei/2019/dei-ref-2019-01-31.xml" ] }, "schema": { "local": [ "mtg-20190930.xsd" ], "remote": [ "http://xbrl.fasb.org/srt/2019/elts/srt-types-2019-01-31.xsd", "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd", "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-roles-2019-01-31.xsd", "http://xbrl.fasb.org/srt/2019/elts/srt-roles-2019-01-31.xsd", "https://xbrl.sec.gov/country/2017/country-2017-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-types-2019-01-31.xsd", "http://www.xbrl.org/lrr/arcrole/factExplanatory-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "https://xbrl.sec.gov/currency/2019/currency-2019-01-31.xsd", "https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd", "https://xbrl.sec.gov/exch/2019/exch-2019-01-31.xsd", "http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd", "http://xbrl.sec.gov/naics/2017/naics-2017-01-31.xsd", "http://xbrl.sec.gov/sic/2011/sic-2011-01-31.xsd", "https://xbrl.sec.gov/stpr/2018/stpr-2018-01-31.xsd", "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/reference-2009-12-16.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-parts-codification-2019-01-31.xsd" ] } }, "elementCount": 476, "entityCount": 1, "hidden": { "http://fasb.org/us-gaap/2019-01-31": 22, "http://www.mgic.com/20190930": 6, "http://xbrl.sec.gov/dei/2019-01-31": 5, "total": 33 }, "keyCustom": 64, "keyStandard": 311, "memberCustom": 18, "memberStandard": 32, "nsprefix": "mtg", "nsuri": "http://www.mgic.com/20190930", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "0001000 - Document - Document and Entity Information", "role": "http://www.mgic.com/role/DocumentAndEntityInformation", "shortName": "Document and Entity Information", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R10": { "firstAnchor": { "ancestors": [ "span", "div", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DebtDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2103100 - Disclosure - Debt", "role": "http://www.mgic.com/role/Debt", "shortName": "Debt", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DebtDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R11": { "firstAnchor": { "ancestors": [ "span", "div", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ReinsuranceTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2104100 - Disclosure - Reinsurance", "role": "http://www.mgic.com/role/Reinsurance", "shortName": "Reinsurance", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ReinsuranceTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R12": { "firstAnchor": { "ancestors": [ "span", "div", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:LegalMattersAndContingenciesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2105100 - Disclosure - Litigation and Contingencies", "role": "http://www.mgic.com/role/LitigationAndContingencies", "shortName": "Litigation and Contingencies", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:LegalMattersAndContingenciesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R13": { "firstAnchor": { "ancestors": [ "span", "div", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:EarningsPerShareTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2106100 - Disclosure - Earnings per Share", "role": "http://www.mgic.com/role/EarningsPerShare", "shortName": "Earnings per Share", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:EarningsPerShareTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R14": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2107100 - Disclosure - Investments", "role": "http://www.mgic.com/role/Investments", "shortName": "Investments", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R15": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:FairValueDisclosuresTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2108100 - Disclosure - Fair Value Measurements", "role": "http://www.mgic.com/role/FairValueMeasurements", "shortName": "Fair Value Measurements", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:FairValueDisclosuresTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R16": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ComprehensiveIncomeNoteTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2109100 - Disclosure - Other Comprehensive Income", "role": "http://www.mgic.com/role/OtherComprehensiveIncome", "shortName": "Other Comprehensive Income", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ComprehensiveIncomeNoteTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R17": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:PensionAndOtherPostretirementBenefitsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2110100 - Disclosure - Benefit Plans", "role": "http://www.mgic.com/role/BenefitPlans", "shortName": "Benefit Plans", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:PensionAndOtherPostretirementBenefitsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R18": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2112100 - Disclosure - Loss Reserves", "role": "http://www.mgic.com/role/LossReserves", "shortName": "Loss Reserves", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R19": { "firstAnchor": { "ancestors": [ "span", "div", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:StockholdersEquityNoteDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2114100 - Disclosure - Shareholders' Equity", "role": "http://www.mgic.com/role/ShareholdersEquity", "shortName": "Shareholders' Equity", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:StockholdersEquityNoteDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R2": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:InvestmentsClassifiedByContractualMaturityDateTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q3", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:AvailableForSaleSecuritiesDebtSecurities", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1001000 - Statement - CONSOLIDATED BALANCE SHEETS", "role": "http://www.mgic.com/role/ConsolidatedBalanceSheets", "shortName": "CONSOLIDATED BALANCE SHEETS", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q3", "decimals": "-3", "lang": null, "name": "us-gaap:OtherInvestments", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R20": { "firstAnchor": { "ancestors": [ "span", "div", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2115100 - Disclosure - Share-Based Compensation", "role": "http://www.mgic.com/role/ShareBasedCompensation", "shortName": "Share-Based Compensation", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R21": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "mtg:StatutoryAccountingPracticesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2116100 - Disclosure - Statutory Information", "role": "http://www.mgic.com/role/StatutoryInformation", "shortName": "Statutory Information", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "mtg:StatutoryAccountingPracticesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R22": { "firstAnchor": { "ancestors": [ "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:IncomeTaxPolicyTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2202201 - Disclosure - Significant Accounting Policies (Policies)", "role": "http://www.mgic.com/role/SignificantAccountingPoliciesPolicies", "shortName": "Significant Accounting Policies (Policies)", "subGroupType": "policies", "uniqueAnchor": { "ancestors": [ "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:IncomeTaxPolicyTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R23": { "firstAnchor": { "ancestors": [ "ix:continuation", "us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "mtg:ScheduleofProspectiveAccountingStandardsNotYetEffectiveOrAdoptedTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2302302 - Disclosure - Significant Accounting Policies Significant Accounting Policies (Tables)", "role": "http://www.mgic.com/role/SignificantAccountingPoliciesSignificantAccountingPoliciesTables", "shortName": "Significant Accounting Policies Significant Accounting Policies (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "mtg:ScheduleofProspectiveAccountingStandardsNotYetEffectiveOrAdoptedTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R24": { "firstAnchor": { "ancestors": [ "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfDebtTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2303301 - Disclosure - Debt (Tables)", "role": "http://www.mgic.com/role/DebtTables", "shortName": "Debt (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfDebtTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R25": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:EffectsOfReinsuranceTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2304301 - Disclosure - Reinsurance (Tables)", "role": "http://www.mgic.com/role/ReinsuranceTables", "shortName": "Reinsurance (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:EffectsOfReinsuranceTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R26": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2306301 - Disclosure - Earnings per Share (Tables)", "role": "http://www.mgic.com/role/EarningsPerShareTables", "shortName": "Earnings per Share (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R27": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2307301 - Disclosure - Investments (Tables)", "role": "http://www.mgic.com/role/InvestmentsTables", "shortName": "Investments (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R28": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:FairValueAssetsMeasuredOnRecurringBasisTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2308301 - Disclosure - Fair Value Measurements (Tables)", "role": "http://www.mgic.com/role/FairValueMeasurementsTables", "shortName": "Fair Value Measurements (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:FairValueAssetsMeasuredOnRecurringBasisTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R29": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfComprehensiveIncomeLossTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2309301 - Disclosure - Other Comprehensive Income (Tables)", "role": "http://www.mgic.com/role/OtherComprehensiveIncomeTables", "shortName": "Other Comprehensive Income (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfComprehensiveIncomeLossTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R3": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:InvestmentsClassifiedByContractualMaturityDateTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q3", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1001501 - Statement - CONSOLIDATED BALANCE SHEETS (Parenthetical)", "role": "http://www.mgic.com/role/ConsolidatedBalanceSheetsParenthetical", "shortName": "CONSOLIDATED BALANCE SHEETS (Parenthetical)", "subGroupType": "parenthetical", "uniqueAnchor": null }, "R30": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfNetBenefitCostsTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2310301 - Disclosure - Benefit Plans (Tables)", "role": "http://www.mgic.com/role/BenefitPlansTables", "shortName": "Benefit Plans (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfNetBenefitCostsTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R31": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2312301 - Disclosure - Loss Reserves (Tables)", "role": "http://www.mgic.com/role/LossReservesTables", "shortName": "Loss Reserves (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R32": { "firstAnchor": { "ancestors": [ "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfShareBasedCompensationActivityTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2315301 - Disclosure - Share-Based Compensation (Tables)", "role": "http://www.mgic.com/role/ShareBasedCompensationTables", "shortName": "Share-Based Compensation (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfShareBasedCompensationActivityTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R33": { "firstAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q3", "decimals": "-5", "first": true, "lang": null, "name": "us-gaap:OperatingLeasesFutureMinimumPaymentsDue", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2402403 - Disclosure - Significant Accounting Policies Significant Accounting Policies (Details)", "role": "http://www.mgic.com/role/SignificantAccountingPoliciesSignificantAccountingPoliciesDetails", "shortName": "Significant Accounting Policies Significant Accounting Policies (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q3", "decimals": "-5", "first": true, "lang": null, "name": "us-gaap:OperatingLeasesFutureMinimumPaymentsDue", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R34": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:ScheduleOfDebtTableTextBlock", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q3", "decimals": "-5", "first": true, "lang": null, "name": "us-gaap:LongTermDebt", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2403402 - Disclosure - Debt - Summary of Debt Obligations (Details)", "role": "http://www.mgic.com/role/DebtSummaryOfDebtObligationsDetails", "shortName": "Debt - Summary of Debt Obligations (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:ScheduleOfDebtTableTextBlock", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q3", "decimals": "-5", "first": true, "lang": null, "name": "us-gaap:LongTermDebt", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R35": { "firstAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "I2019Q2SD", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2403403 - Disclosure - Debt - Narrative (Details)", "role": "http://www.mgic.com/role/DebtNarrativeDetails", "shortName": "Debt - Narrative (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "I2019Q2SD", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R36": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3QTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:DirectPremiumsEarned", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2404402 - Disclosure - Reinsurance - Summary of Premiums Earned and Losses Incurred (Details)", "role": "http://www.mgic.com/role/ReinsuranceSummaryOfPremiumsEarnedAndLossesIncurredDetails", "shortName": "Reinsurance - Summary of Premiums Earned and Losses Incurred (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3QTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:DirectPremiumsEarned", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R37": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3QTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:CededPremiumsEarned", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2404403 - Disclosure - Reinsurance - Narrative (Details)", "role": "http://www.mgic.com/role/ReinsuranceNarrativeDetails", "shortName": "Reinsurance - Narrative (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD_us-gaap_ReinsurancePolicyTypeAxis_mtg_QuotaShareReinsuranceAgreement2019Member", "decimals": "INF", "lang": null, "name": "mtg:ReinsuranceQuotaShareReinsuranceAgreementTermsContingentTerminationFee", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R38": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3QTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountCeded", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2404404 - Disclosure - Reinsurance - Summary of Quota Reinsurance Arrangements (Details)", "role": "http://www.mgic.com/role/ReinsuranceSummaryOfQuotaReinsuranceArrangementsDetails", "shortName": "Reinsurance - Summary of Quota Reinsurance Arrangements (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "mtg:EffectOfQuotaShareReinsuranceAgreementsOnPremiumsEarnedAndLossesIncurredTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3QTD_us-gaap_ReinsurancePolicyTypeAxis_mtg_QuotaShareReinsuranceAgreementsExcludingCaptivesMember", "decimals": "-3", "lang": null, "name": "mtg:CededPremiumsWrittenandEarnedNetofProfitCommission", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R39": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD_dei_LegalEntityAxis_mtg_HomeRespecialpurposeinsurersMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:ReinsuranceRetentionPolicyAmountRetained", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2404405 - Disclosure - Reinsurance - Variable Interest Entity (Details)", "role": "http://www.mgic.com/role/ReinsuranceVariableInterestEntityDetails", "shortName": "Reinsurance - Variable Interest Entity (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD_dei_LegalEntityAxis_mtg_HomeRespecialpurposeinsurersMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:ReinsuranceRetentionPolicyAmountRetained", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R4": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3QTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:DirectPremiumsWritten", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1002000 - Statement - CONSOLIDATED STATEMENTS OF OPERATIONS", "role": "http://www.mgic.com/role/ConsolidatedStatementsOfOperations", "shortName": "CONSOLIDATED STATEMENTS OF OPERATIONS", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3QTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:DirectPremiumsWritten", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R40": { "firstAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": "3", "first": true, "lang": null, "name": "mtg:AveragePaidClaimsReductionDueToCurtailments", "reportCount": 1, "unique": true, "unitRef": "number", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2405401 - Disclosure - Litigation and Contingencies (Details)", "role": "http://www.mgic.com/role/LitigationAndContingenciesDetails", "shortName": "Litigation and Contingencies (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": "3", "first": true, "lang": null, "name": "mtg:AveragePaidClaimsReductionDueToCurtailments", "reportCount": 1, "unique": true, "unitRef": "number", "xsiNil": "false" } }, "R41": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3QTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:NetIncomeLoss", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2406402 - Disclosure - Earnings per Share (Details)", "role": "http://www.mgic.com/role/EarningsPerShareDetails", "shortName": "Earnings per Share (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3QTD", "decimals": "-3", "lang": null, "name": "us-gaap:NetIncomeLossAvailableToCommonStockholdersDiluted", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R42": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:InvestmentsClassifiedByContractualMaturityDateTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q3", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2407402 - Disclosure - Investments (Details)", "role": "http://www.mgic.com/role/InvestmentsDetails", "shortName": "Investments (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2018Q4", "decimals": "-5", "lang": null, "name": "us-gaap:AssetsHeldByInsuranceRegulators", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R43": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:InvestmentsClassifiedByContractualMaturityDateTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q3", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2407403 - Disclosure - Investments - Amortized Cost and Fair Values of Debt Securities (Details)", "role": "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails", "shortName": "Investments - Amortized Cost and Fair Values of Debt Securities (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:InvestmentsClassifiedByContractualMaturityDateTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q3", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R44": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "mtg:EquitySecuritiesTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q3", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:EquitySecuritiesFvNiCost", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2407404 - Disclosure - Investments - Equity Securities (Details)", "role": "http://www.mgic.com/role/InvestmentsEquitySecuritiesDetails", "shortName": "Investments - Equity Securities (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "mtg:EquitySecuritiesTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": "-3", "lang": null, "name": "us-gaap:EquitySecuritiesFvNiUnrealizedGain", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R45": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q3", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2407405 - Disclosure - Investments - Securities In Unrealized Loss Position (Details)", "role": "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails", "shortName": "Investments - Securities In Unrealized Loss Position (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q3", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R46": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:InvestmentsClassifiedByContractualMaturityDateTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q3", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:AvailableForSaleSecuritiesDebtSecurities", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2408402 - Disclosure - Fair Value Measurements (Details)", "role": "http://www.mgic.com/role/FairValueMeasurementsDetails", "shortName": "Fair Value Measurements (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:FairValueAssetsMeasuredOnRecurringBasisTextBlock", "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q3", "decimals": "-3", "lang": null, "name": "us-gaap:OtherAssetsFairValueDisclosure", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R47": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock", "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q2_us-gaap_FairValueByAssetClassAxis_us-gaap_InvestmentsMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2408403 - Disclosure - Fair Value Measurements - Unobservable Input Reconciliation (Details)", "role": "http://www.mgic.com/role/FairValueMeasurementsUnobservableInputReconciliationDetails", "shortName": "Fair Value Measurements - Unobservable Input Reconciliation (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock", "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q2_us-gaap_FairValueByAssetClassAxis_us-gaap_InvestmentsMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R48": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:FairValueByBalanceSheetGroupingTextBlock", "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q3_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember", "decimals": "-3", "first": true, "lang": null, "name": "mtg:OtherInvestedAssetsFairValueDisclosure", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2408404 - Disclosure - Fair Value Measurements - Assets and Liabilities Not Measured at Fair Value (Details)", "role": "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails", "shortName": "Fair Value Measurements - Assets and Liabilities Not Measured at Fair Value (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:FairValueByBalanceSheetGroupingTextBlock", "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q3_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember", "decimals": "-3", "first": true, "lang": null, "name": "mtg:OtherInvestedAssetsFairValueDisclosure", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R49": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "us-gaap:ScheduleOfComprehensiveIncomeLossTableTextBlock", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3QTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2409402 - Disclosure - Other Comprehensive Income (Details)", "role": "http://www.mgic.com/role/OtherComprehensiveIncomeDetails", "shortName": "Other Comprehensive Income (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "us-gaap:ScheduleOfComprehensiveIncomeLossTableTextBlock", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3QTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R5": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3QTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:NetIncomeLoss", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1003000 - Statement - CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME", "role": "http://www.mgic.com/role/ConsolidatedStatementsOfComprehensiveIncome", "shortName": "CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3QTD", "decimals": "-3", "lang": null, "name": "us-gaap:OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R50": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "us-gaap:ScheduleOfNetBenefitCostsTableTextBlock", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3QTD_us-gaap_RetirementPlanTypeAxis_mtg_PensionAndSupplementalPlansMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:DefinedBenefitPlanServiceCost", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2410402 - Disclosure - Benefit Plans (Details)", "role": "http://www.mgic.com/role/BenefitPlansDetails", "shortName": "Benefit Plans (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "ix:continuation", "us-gaap:ScheduleOfNetBenefitCostsTableTextBlock", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3QTD_us-gaap_RetirementPlanTypeAxis_mtg_PensionAndSupplementalPlansMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:DefinedBenefitPlanServiceCost", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R51": { "firstAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": "2", "first": true, "lang": null, "name": "mtg:PercentageOfPriorYearDefaultInventoryResolved", "reportCount": 1, "unique": true, "unitRef": "number", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2412402 - Disclosure - Loss Reserves (Details)", "role": "http://www.mgic.com/role/LossReservesDetails", "shortName": "Loss Reserves (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": "2", "first": true, "lang": null, "name": "mtg:PercentageOfPriorYearDefaultInventoryResolved", "reportCount": 1, "unique": true, "unitRef": "number", "xsiNil": "false" } }, "R52": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense", "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2018Q4", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2412403 - Disclosure - Loss Reserves - Reconciliation of Beginning and Ending Balances (Details)", "role": "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails", "shortName": "Loss Reserves - Reconciliation of Beginning and Ending Balances (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense", "ix:continuation", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2018Q4", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R53": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "mtg:AgingOfPrimaryDefaultInventoryTableTextBlock", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q3", "decimals": "INF", "first": true, "lang": null, "name": "mtg:PrimaryDefaultInventoryThreeMonthsOrLess", "reportCount": 1, "unique": true, "unitRef": "loan", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2412404 - Disclosure - Loss Reserves - Delinquent Items (Details)", "role": "http://www.mgic.com/role/LossReservesDelinquentItemsDetails", "shortName": "Loss Reserves - Delinquent Items (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "mtg:AgingOfPrimaryDefaultInventoryTableTextBlock", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q3", "decimals": "INF", "first": true, "lang": null, "name": "mtg:PrimaryDefaultInventoryThreeMonthsOrLess", "reportCount": 1, "unique": true, "unitRef": "loan", "xsiNil": "false" } }, "R54": { "firstAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": "-5", "first": true, "lang": null, "name": "us-gaap:TreasuryStockSharesAcquired", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2414401 - Disclosure - Shareholders' Equity (Details)", "role": "http://www.mgic.com/role/ShareholdersEquityDetails", "shortName": "Shareholders' Equity (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": "-5", "first": true, "lang": null, "name": "us-gaap:TreasuryStockSharesAcquired", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" } }, "R55": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:ScheduleOfShareBasedCompensationActivityTableTextBlock", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD_us-gaap_AwardTypeAxis_us-gaap_PerformanceSharesMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2415402 - Disclosure - Share-Based Compensation (Details)", "role": "http://www.mgic.com/role/ShareBasedCompensationDetails", "shortName": "Share-Based Compensation (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "us-gaap:ScheduleOfShareBasedCompensationActivityTableTextBlock", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD_us-gaap_AwardTypeAxis_us-gaap_PerformanceSharesMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" } }, "R56": { "firstAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2019Q3", "decimals": "INF", "first": true, "lang": null, "name": "mtg:NumberOfJurisdictionsWithRiskToCapitalRequirements", "reportCount": 1, "unitRef": "jurisdiction", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2416401 - Disclosure - Statutory Information (Details)", "role": "http://www.mgic.com/role/StatutoryInformationDetails", "shortName": "Statutory Information (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "ix:continuation", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "lang": "en-US", "name": "us-gaap:DescriptionOfRegulatoryCapitalRequirementsUnderInsuranceRegulations", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R6": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2017Q4_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:StockholdersEquity", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1004000 - Statement - CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY", "role": "http://www.mgic.com/role/ConsolidatedStatementsOfShareholdersEquity", "shortName": "CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FI2017Q4_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:StockholdersEquity", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R7": { "firstAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:NetIncomeLoss", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1005000 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS", "role": "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows", "shortName": "CONSOLIDATED STATEMENTS OF CASH FLOWS", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "span", "div", "td", "tr", "table", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": "-3", "lang": null, "name": "us-gaap:DepreciationAmortizationAndAccretionNet", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R8": { "firstAnchor": { "ancestors": [ "span", "div", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2101100 - Disclosure - Nature of Business and Basis of Presentation", "role": "http://www.mgic.com/role/NatureOfBusinessAndBasisOfPresentation", "shortName": "Nature of Business and Basis of Presentation", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R9": { "firstAnchor": { "ancestors": [ "span", "div", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2102100 - Disclosure - Significant Accounting Policies", "role": "http://www.mgic.com/role/SignificantAccountingPolicies", "shortName": "Significant Accounting Policies", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "div", "div", "body", "html" ], "baseRef": "mtg-093019x10q.htm", "contextRef": "FD2019Q3YTD", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 52, "tag": { "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag", "terseLabel": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Area code of city", "label": "City Area Code", "terseLabel": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Cover page.", "label": "Cover page." } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "xbrltype": "stringItemType" }, "dei_CurrentFiscalYearEndDate": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "End date of current fiscal year in the format --MM-DD.", "label": "Current Fiscal Year End Date", "terseLabel": "Current Fiscal Year End Date" } } }, "localname": "CurrentFiscalYearEndDate", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "gMonthDayItemType" }, "dei_DocumentFiscalPeriodFocus": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.", "label": "Document Fiscal Period Focus", "terseLabel": "Document Fiscal Period Focus" } } }, "localname": "DocumentFiscalPeriodFocus", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "fiscalPeriodItemType" }, "dei_DocumentFiscalYearFocus": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.", "label": "Document Fiscal Year Focus", "terseLabel": "Document Fiscal Year Focus" } } }, "localname": "DocumentFiscalYearFocus", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "gYearItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.", "label": "Document Period End Date", "terseLabel": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "dateItemType" }, "dei_DocumentQuarterlyReport": { "auth_ref": [ "r355" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true only for a form used as an quarterly report.", "label": "Document Quarterly Report", "terseLabel": "Document Quarterly Report" } } }, "localname": "DocumentQuarterlyReport", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_DocumentTransitionReport": { "auth_ref": [ "r356" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true only for a form used as a transition report.", "label": "Document Transition Report", "terseLabel": "Document Transition Report" } } }, "localname": "DocumentTransitionReport", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type", "terseLabel": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "submissionTypeItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One", "terseLabel": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town", "terseLabel": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code", "terseLabel": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province", "terseLabel": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r357" ], "lang": { "en-US": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key", "terseLabel": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityCommonStockSharesOutstanding": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.", "label": "Entity Common Stock, Shares Outstanding", "terseLabel": "Entity Common Stock, Shares Outstanding" } } }, "localname": "EntityCommonStockSharesOutstanding", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "sharesItemType" }, "dei_EntityCurrentReportingStatus": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Current Reporting Status", "terseLabel": "Entity Current Reporting Status" } } }, "localname": "EntityCurrentReportingStatus", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "yesNoItemType" }, "dei_EntityDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "All the names of the entities being reported upon in a document. Any legal structure used to conduct activities or to hold assets. Some examples of such structures are corporations, partnerships, limited liability companies, grantor trusts, and other trusts. This item does not include business and geographical segments which are included in the geographical or business segments domains.", "label": "Entity [Domain]", "terseLabel": "Entity [Domain]" } } }, "localname": "EntityDomain", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/ReinsuranceVariableInterestEntityDetails", "http://www.mgic.com/role/StatutoryInformationDetails" ], "xbrltype": "domainItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r357" ], "lang": { "en-US": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company", "terseLabel": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number", "terseLabel": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "fileNumberItemType" }, "dei_EntityFilerCategory": { "auth_ref": [ "r357" ], "lang": { "en-US": { "role": { "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Filer Category", "terseLabel": "Entity Filer Category" } } }, "localname": "EntityFilerCategory", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "filerCategoryItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation, State or Country Code", "terseLabel": "Entity Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityInteractiveDataCurrent": { "auth_ref": [ "r358" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).", "label": "Entity Interactive Data Current", "terseLabel": "Entity Interactive Data Current" } } }, "localname": "EntityInteractiveDataCurrent", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "yesNoItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r357" ], "lang": { "en-US": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name", "terseLabel": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityShellCompany": { "auth_ref": [ "r357" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.", "label": "Entity Shell Company", "terseLabel": "Entity Shell Company" } } }, "localname": "EntityShellCompany", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntitySmallBusiness": { "auth_ref": [ "r357" ], "lang": { "en-US": { "role": { "documentation": "Indicates that the company is a Smaller Reporting Company (SRC).", "label": "Entity Small Business", "terseLabel": "Entity Small Business" } } }, "localname": "EntitySmallBusiness", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r357" ], "lang": { "en-US": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number", "terseLabel": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "employerIdItemType" }, "dei_LegalEntityAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The set of legal entities associated with a report.", "label": "Legal Entity [Axis]", "terseLabel": "Legal Entity [Axis]" } } }, "localname": "LegalEntityAxis", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/ReinsuranceVariableInterestEntityDetails", "http://www.mgic.com/role/StatutoryInformationDetails" ], "xbrltype": "stringItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number", "terseLabel": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r353" ], "lang": { "en-US": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Title of 12(b) Security", "terseLabel": "Title of each class" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r354" ], "lang": { "en-US": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name", "terseLabel": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol", "terseLabel": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.mgic.com/role/DocumentAndEntityInformation" ], "xbrltype": "tradingSymbolItemType" }, "mtg_AgingOfPrimaryDefaultInventoryAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "", "label": "Aging of the Primary Default Inventory [Abstract]", "terseLabel": "Aging of the Primary Delinquent Inventory [Abstract]" } } }, "localname": "AgingOfPrimaryDefaultInventoryAbstract", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDelinquentItemsDetails" ], "xbrltype": "stringItemType" }, "mtg_AgingOfPrimaryDefaultInventoryTableTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the aging of the loan primary default inventory.", "label": "Aging of Primary Default Inventory [Table Text Block]", "verboseLabel": "Aging of the primary delinquent inventory" } } }, "localname": "AgingOfPrimaryDefaultInventoryTableTextBlock", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesTables" ], "xbrltype": "textBlockItemType" }, "mtg_AmountOfPolicyholdersPositionAboveOrBelowRequiredRegulatoryMinimum": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The amount by which the entity's policyholders position (the insurer's net worth or surplus, contingency reserve and a portion of the reserves for unearned premiums) was above or below the required regulatory minimum of the entity's domiciliary state.", "label": "Amount of policyholders position above or below required regulatory minimum", "verboseLabel": "Amount of policyholders position above or below required MPP" } } }, "localname": "AmountOfPolicyholdersPositionAboveOrBelowRequiredRegulatoryMinimum", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/StatutoryInformationDetails" ], "xbrltype": "monetaryItemType" }, "mtg_AmountOfRequiredMpp": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The amount of minimum policyholder position (MPP) required by the entity's domiciliary state.", "label": "Amount of required MPP", "verboseLabel": "Amount of required MPP" } } }, "localname": "AmountOfRequiredMpp", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/StatutoryInformationDetails" ], "xbrltype": "monetaryItemType" }, "mtg_AvailableForSaleSecuritiesDebtMaturitiesWithSingleMaturityDateAmortizedCost": { "auth_ref": [], "calculation": { "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails": { "order": 2.0, "parentTag": "us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "This item represents the total debt securities, categorized neither as held-to-maturity nor trading securities, which have a single maturity date, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments, as defined), and fair value hedge accounting adjustments, if any.", "label": "Available For Sale Securities, Debt Maturities, With Single Maturity Date, Amortized Cost", "totalLabel": "Total debt securities with single maturity date, amortized cost" } } }, "localname": "AvailableForSaleSecuritiesDebtMaturitiesWithSingleMaturityDateAmortizedCost", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "mtg_AvailableForSaleSecuritiesDebtMaturitiesWithSingleMaturityDateFairValue": { "auth_ref": [], "calculation": { "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails": { "order": 2.0, "parentTag": "us-gaap_AvailableForSaleSecuritiesDebtSecurities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "This item represents the total fair value of debt securities, categorized neither as held-to-maturity nor trading securities, which have a single maturity date.", "label": "Available For Sale Securities, Debt Maturities, With Single Maturity Date, Fair Value", "totalLabel": "Total debt securities with single maturity date, fair value" } } }, "localname": "AvailableForSaleSecuritiesDebtMaturitiesWithSingleMaturityDateFairValue", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "mtg_AveragePaidClaimsReductionDueToCurtailments": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Average paid claim reduction due to curtailments.", "label": "Average paid claims reduction due to curtailments", "terseLabel": "Average paid claim reduction due to curtailments (as a percent)" } } }, "localname": "AveragePaidClaimsReductionDueToCurtailments", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LitigationAndContingenciesDetails" ], "xbrltype": "percentItemType" }, "mtg_CededPremiumsWrittenandEarnedNetofProfitCommission": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Ceded Premiums Written and Earned, Net of Profit Commission", "label": "Ceded Premiums Written and Earned, Net of Profit Commission", "terseLabel": "Ceded premiums written and earned, net of profit commission" } } }, "localname": "CededPremiumsWrittenandEarnedNetofProfitCommission", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ReinsuranceSummaryOfQuotaReinsuranceArrangementsDetails" ], "xbrltype": "monetaryItemType" }, "mtg_ConversionRateAdjustmentThreshold": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Conversion Rate Adjustment, Threshold", "label": "Conversion Rate Adjustment, Threshold", "terseLabel": "Conversion rate adjustment, threshold" } } }, "localname": "ConversionRateAdjustmentThreshold", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/DebtNarrativeDetails" ], "xbrltype": "percentItemType" }, "mtg_DefinedBenefitPlanNetPeriodicBenefitCostBeforeCostOfSettlementsAndCurtailments": { "auth_ref": [], "calculation": { "http://www.mgic.com/role/BenefitPlansDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The total amount of net periodic benefit cost for defined benefit plans for the period, before the effect of the cost of settlements and curtailments. Periodic benefit costs include the following components: service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, and transition asset or obligation.", "label": "Defined Benefit Plan, Net Periodic Benefit Cost Before Cost of Settlements and Curtailments", "totalLabel": "Net periodic benefit cost (benefit)" } } }, "localname": "DefinedBenefitPlanNetPeriodicBenefitCostBeforeCostOfSettlementsAndCurtailments", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/BenefitPlansDetails" ], "xbrltype": "monetaryItemType" }, "mtg_EffectOfQuotaShareReinsuranceAgreementsOnPremiumsEarnedAndLossesIncurredTableTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the effect of quota share reinsurance agreements on premiums earned and losses incurred.", "label": "Effect Of Quota Share Reinsurance Agreements On Premiums Earned And Losses Incurred [Table Text Block]", "terseLabel": "Effect of quota share reinsurance agreements on premiums earned and losses incurred" } } }, "localname": "EffectOfQuotaShareReinsuranceAgreementsOnPremiumsEarnedAndLossesIncurredTableTextBlock", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ReinsuranceTables" ], "xbrltype": "textBlockItemType" }, "mtg_EquitySecuritiesTableTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of investments in equity securities.", "label": "Equity Securities [Table Text Block]", "terseLabel": "Cost and fair value of investments in equity securities" } } }, "localname": "EquitySecuritiesTableTextBlock", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/InvestmentsTables" ], "xbrltype": "textBlockItemType" }, "mtg_ExcessofLossReinsuranceAgreementHomeReMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Excess of Loss Reinsurance Agreement, Home Re [Member]", "label": "Excess of Loss Reinsurance Agreement, Home Re [Member]", "terseLabel": "Excess of Loss Reinsurance Agreement, Home Re" } } }, "localname": "ExcessofLossReinsuranceAgreementHomeReMember", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ReinsuranceNarrativeDetails" ], "xbrltype": "domainItemType" }, "mtg_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsReportedAsLossIncurredNet": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included In Earnings, Reported As Loss Incurred, Net", "label": "Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included In Earnings, Reported As Loss Incurred, Net", "terseLabel": "Included in earnings and reported as losses incurred, net" } } }, "localname": "FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsReportedAsLossIncurredNet", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsUnobservableInputReconciliationDetails" ], "xbrltype": "monetaryItemType" }, "mtg_FederalHomeLoanBankAdvancesCollateralMarketValueOfPrincipalPercent": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Federal Home Loan Bank Advances, Collateral, Market Value Of Principal, Percent", "label": "Federal Home Loan Bank Advances, Collateral, Market Value Of Principal, Percent", "terseLabel": "Federal Home Loan Bank advances, collateral, value of principal, percent (as a percent)" } } }, "localname": "FederalHomeLoanBankAdvancesCollateralMarketValueOfPrincipalPercent", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/InvestmentsDetails" ], "xbrltype": "percentItemType" }, "mtg_FirstQuarter2019RepurchaseProgramMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "First Quarter 2019 Repurchase Program", "label": "First Quarter 2019 Repurchase Program [Member]", "terseLabel": "First Quarter 2019 Repurchase Program" } } }, "localname": "FirstQuarter2019RepurchaseProgramMember", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ShareholdersEquityDetails" ], "xbrltype": "domainItemType" }, "mtg_FivePointSevenFivePercentSeniorNotesMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Five Point Seven Five Percent Senior Notes [Member]", "label": "Five Point Seven Five Percent Senior Notes [Member]", "terseLabel": "5.75% Senior Notes Due 2023" } } }, "localname": "FivePointSevenFivePercentSeniorNotesMember", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/DebtNarrativeDetails", "http://www.mgic.com/role/DebtSummaryOfDebtObligationsDetails", "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "domainItemType" }, "mtg_HomeRe20181Member": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Home Re 2018-1 Ltd [Member]", "label": "Home Re 2018-1 [Member]", "terseLabel": "Home Re 2018-1" } } }, "localname": "HomeRe20181Member", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ReinsuranceVariableInterestEntityDetails" ], "xbrltype": "domainItemType" }, "mtg_HomeRe20191Member": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Home Re 2019-1 [Member]", "label": "Home Re 2019-1 [Member]", "terseLabel": "Home Re 2019-1" } } }, "localname": "HomeRe20191Member", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ReinsuranceVariableInterestEntityDetails" ], "xbrltype": "domainItemType" }, "mtg_HomeRespecialpurposeinsurersMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Home Re special purpose insurers [Member]", "label": "Home Re special purpose insurers [Member]", "terseLabel": "Home Re special purpose insurers" } } }, "localname": "HomeRespecialpurposeinsurersMember", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ReinsuranceVariableInterestEntityDetails" ], "xbrltype": "domainItemType" }, "mtg_IncreaseDecreaseInEstimatedSeverityPrimaryDefaultsMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The increase (decrease) in estimated severity on primary defaults that occurred in prior periods.", "label": "Increase Decrease in Estimated Severity Primary Defaults [Member]", "verboseLabel": "Increase in estimated severity on primary defaults" } } }, "localname": "IncreaseDecreaseInEstimatedSeverityPrimaryDefaultsMember", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDetails" ], "xbrltype": "domainItemType" }, "mtg_IncreaseDecreaseInExpectedClaimRateMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The increase (decrease) in the expected claim rate on primary and/or pool defaults that occurred in prior periods.", "label": "Increase Decrease in Expected Claim Rate [Member]", "verboseLabel": "Decrease in estimated claim rate on primary defaults" } } }, "localname": "IncreaseDecreaseInExpectedClaimRateMember", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDetails" ], "xbrltype": "domainItemType" }, "mtg_IncreaseDecreaseInProfitCommissionReceivable": { "auth_ref": [], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 10.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The net change during the reporting period in the amount of profit commission receivable.", "label": "Increase Decrease in Profit Commission Receivable", "negatedTerseLabel": "Profit commission receivable" } } }, "localname": "IncreaseDecreaseInProfitCommissionReceivable", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "mtg_IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses": { "auth_ref": [], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 7.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The net change during the reporting period in the amount of receivables currently due from reinsurers for ceded claims paid.", "label": "Increase Decrease In Reinsurance Recoverable On Paid Losses", "verboseLabel": "Reinsurance recoverable on paid losses" } } }, "localname": "IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "mtg_IncreaseDecreaseRelatedToPoolReservesLaeReservesAndReinsuranceMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The decrease in losses incurred related to prior years related to LAE reserves and reinsurance.", "label": "Increase Decrease Related To Pool Reserves, LAE Reserves and Reinsurance [Member]", "terseLabel": "Change in estimates related to pool reserves, LAE reserves, reinsurance, and other" } } }, "localname": "IncreaseDecreaseRelatedToPoolReservesLaeReservesAndReinsuranceMember", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDetails" ], "xbrltype": "domainItemType" }, "mtg_LossesIncurredAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "", "label": "Losses incurred: [Abstract]", "terseLabel": "Losses incurred:" } } }, "localname": "LossesIncurredAbstract", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails" ], "xbrltype": "stringItemType" }, "mtg_LossesPaidAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "", "label": "Losses paid [Abstract]", "terseLabel": "Losses paid:" } } }, "localname": "LossesPaidAbstract", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails" ], "xbrltype": "stringItemType" }, "mtg_MaximumExposureAssociatedWithOtherDiscussionsLegalProceedings": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Estimated maximum exposure associated with other discussions and legal proceedings related to claims paying practices.", "label": "Maximum Exposure Associated With Other Discussions Legal Proceedings", "terseLabel": "Maximum exposure associated with other discussions and legal proceedings" } } }, "localname": "MaximumExposureAssociatedWithOtherDiscussionsLegalProceedings", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LitigationAndContingenciesDetails" ], "xbrltype": "monetaryItemType" }, "mtg_MortgageGuarantyInsuranceCorporationMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Another company which is controlled, directly or indirectly, by its parent. The usual condition for control is ownership of a majority (over 50%) of the outstanding voting stock. The power to control may also exist with a lesser percentage of ownership, for example, by contract, lease, agreement with other stockholders or by court decree.", "label": "Mortgage Guaranty Insurance Corporation [Member]", "terseLabel": "Mortgage Guaranty Insurance Corporation" } } }, "localname": "MortgageGuarantyInsuranceCorporationMember", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/StatutoryInformationDetails" ], "xbrltype": "domainItemType" }, "mtg_NumberOfJurisdictionsWithRiskToCapitalRequirements": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The number of jurisdictions that require a mortgage insurer to maintain a minimum amount of statutory capital relative to the risk in force (or a similar measure) in order for the mortgage insurer to continue to write new business. This is generally referred to as a risk-to-capital requirement.", "label": "Number of jurisdictions with risk to capital requirements", "verboseLabel": "Number of jurisdictions with risk-to-capital requirements (in jurisdictions)" } } }, "localname": "NumberOfJurisdictionsWithRiskToCapitalRequirements", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/StatutoryInformationDetails" ], "xbrltype": "integerItemType" }, "mtg_OtherInvestedAssetsFairValueDisclosure": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Fair value portion of other invested assets.", "label": "Other Invested Assets, Fair Value Disclosure", "terseLabel": "Other invested assets" } } }, "localname": "OtherInvestedAssetsFairValueDisclosure", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "monetaryItemType" }, "mtg_PaymentsToAcquireTaxAndLossBonds": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Payments to acquire tax and loss bonds", "label": "Payments To Acquire Tax And Loss Bonds", "terseLabel": "Purchases of tax and loss bonds" } } }, "localname": "PaymentsToAcquireTaxAndLossBonds", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/StatutoryInformationDetails" ], "xbrltype": "monetaryItemType" }, "mtg_PensionAndSupplementalPlansMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Pension And Supplemental Plans [Member]", "label": "Pension And Supplemental Plans [Member]", "terseLabel": "Pension and Supplemental Executive Retirement Plans" } } }, "localname": "PensionAndSupplementalPlansMember", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/BenefitPlansDetails" ], "xbrltype": "domainItemType" }, "mtg_PercentageOfPriorYearDefaultInventoryResolved": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The percentage of the prior year default inventory resolved, which is used in the calculation of the change in the severity and claim rates.", "label": "Percentage of prior year default inventory resolved", "terseLabel": "Percentage of prior year delinquent inventory resolved (as a percent)" } } }, "localname": "PercentageOfPriorYearDefaultInventoryResolved", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDetails" ], "xbrltype": "percentItemType" }, "mtg_PercentageOfStatutoryPolicyholdersSurplusUsedToDetermineMaximumAllowableDividends": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The percentage of statutory policyholders' surplus, as defined, as of the preceding calendar year end which is used in the determination of the maximum allowable dividends that the insurance subsidiaries may pay in any twelve-month period without regulatory approval by the Office of the Commissioner of Insurance of the State of Wisconsin.", "label": "Percentage of statutory policyholders surplus used to determine maximum allowable dividends", "terseLabel": "Percentage of statutory policyholders surplus used to determine maximum allowable dividends (as a percent)" } } }, "localname": "PercentageOfStatutoryPolicyholdersSurplusUsedToDetermineMaximumAllowableDividends", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/StatutoryInformationDetails" ], "xbrltype": "percentItemType" }, "mtg_PeriodPrecedingElectionToConvert": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The period immediately prior to an election to convert debentures during which the average price of shares traded is determined for the purpose of calculating the conversion rate.", "label": "Period preceding election to convert", "terseLabel": "Period preceding election to convert (in days)" } } }, "localname": "PeriodPrecedingElectionToConvert", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/DebtNarrativeDetails" ], "xbrltype": "durationItemType" }, "mtg_PremiumRefundLiabilityExpectedClaimPayments": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The carrying amount for the estimate of premiums to be refunded on expected claim payments.", "label": "Premium refund liability, expected claim payments", "terseLabel": "Premium refund liability, expected claim payments" } } }, "localname": "PremiumRefundLiabilityExpectedClaimPayments", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDetails" ], "xbrltype": "monetaryItemType" }, "mtg_PrimaryDefaultInventory": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The number of loans in the primary default inventory.", "label": "Primary Default Inventory", "periodEndLabel": "Delinquent inventory at end of period (in loans)", "periodStartLabel": "Delinquent inventory at the beginning of period (in loans)", "terseLabel": "Total primary delinquent inventory (in loans)" } } }, "localname": "PrimaryDefaultInventory", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDelinquentItemsDetails", "http://www.mgic.com/role/LossReservesDetails" ], "xbrltype": "integerItemType" }, "mtg_PrimaryDefaultInventoryClaimsReceivedInventory": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The number of loans in the primary default inventory that are in the claims received inventory.", "label": "Primary Default Inventory, Claims Received Inventory", "verboseLabel": "Primary claims received inventory included in ending delinquent inventory (in loans)" } } }, "localname": "PrimaryDefaultInventoryClaimsReceivedInventory", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDelinquentItemsDetails" ], "xbrltype": "integerItemType" }, "mtg_PrimaryDefaultInventoryCures": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Deductions from the primary default inventory resulting from loans in default being brought current.", "label": "Primary Default Inventory, Cures", "negatedLabel": "Cures (in loans)" } } }, "localname": "PrimaryDefaultInventoryCures", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDetails" ], "xbrltype": "integerItemType" }, "mtg_PrimaryDefaultInventoryFourToElevenMonths": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The number of loans that have been in the primary default inventory for at least four months but no greater than eleven months as of the balance sheet date.", "label": "Primary Default Inventory, four to eleven months", "verboseLabel": "4 - 11 months (in loans)" } } }, "localname": "PrimaryDefaultInventoryFourToElevenMonths", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDelinquentItemsDetails" ], "xbrltype": "integerItemType" }, "mtg_PrimaryDefaultInventoryFourToElevenMonthsPercentage": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The percentage of loans that have been in the primary default inventory for at least four months but no greater than eleven months as of the balance sheet date.", "label": "Primary Default Inventory, four to eleven months, Percentage", "verboseLabel": "4 - 11 months (as a percent)" } } }, "localname": "PrimaryDefaultInventoryFourToElevenMonthsPercentage", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDelinquentItemsDetails" ], "xbrltype": "percentItemType" }, "mtg_PrimaryDefaultInventoryNewNotices": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Additions to the primary default inventory resulting from new notices of defaulted loans.", "label": "Primary Default Inventory, New Notices", "verboseLabel": "New notices (in loans)" } } }, "localname": "PrimaryDefaultInventoryNewNotices", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDetails" ], "xbrltype": "integerItemType" }, "mtg_PrimaryDefaultInventoryOtherItemsRemoved": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Other deductions from the primary default inventory, including items removed for settlements", "label": "Primary Default Inventory, Other Items Removed", "negatedTerseLabel": "Other items removed from inventory (in loans)" } } }, "localname": "PrimaryDefaultInventoryOtherItemsRemoved", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDetails" ], "xbrltype": "integerItemType" }, "mtg_PrimaryDefaultInventoryPaids": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Deductions from the primary default inventory resulting from claims being paid, including those charged to a deductible or captive.", "label": "Primary Default Inventory, Paids", "negatedLabel": "Paids (including those charged to a deductible or captive) (in loans)" } } }, "localname": "PrimaryDefaultInventoryPaids", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDetails" ], "xbrltype": "integerItemType" }, "mtg_PrimaryDefaultInventoryPercentage": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The percentage of loans in the primary default inventory.", "label": "Primary default inventory, Percentage", "terseLabel": "Total primary delinquent inventory (as a percent)" } } }, "localname": "PrimaryDefaultInventoryPercentage", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDelinquentItemsDetails" ], "xbrltype": "percentItemType" }, "mtg_PrimaryDefaultInventoryRescissionsAndDenials": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Deductions from the primary default inventory resulting from rescissions and denials.", "label": "Primary Default Inventory, Rescissions and Denials", "negatedLabel": "Rescissions and denials (in loans)" } } }, "localname": "PrimaryDefaultInventoryRescissionsAndDenials", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDetails" ], "xbrltype": "integerItemType" }, "mtg_PrimaryDefaultInventoryRollForward": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "Primary Default Inventory [Roll Forward]", "verboseLabel": "Primary Delinquent Inventory [Roll Forward]" } } }, "localname": "PrimaryDefaultInventoryRollForward", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDetails" ], "xbrltype": "stringItemType" }, "mtg_PrimaryDefaultInventoryThreeMonthsOrLess": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The number of loans that have been in the primary default inventory for three months or less as of the balance sheet date.", "label": "Primary Default Inventory, Three months or less", "verboseLabel": "3 months or less (in loans)" } } }, "localname": "PrimaryDefaultInventoryThreeMonthsOrLess", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDelinquentItemsDetails" ], "xbrltype": "integerItemType" }, "mtg_PrimaryDefaultInventoryThreeMonthsOrLessPercentage": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The percentage of loans that have been in the primary default inventory for three months or less as of the balance sheet date.", "label": "Primary Default Inventory, Three months or less, Percentage", "verboseLabel": "3 months or less (as a percent)" } } }, "localname": "PrimaryDefaultInventoryThreeMonthsOrLessPercentage", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDelinquentItemsDetails" ], "xbrltype": "percentItemType" }, "mtg_PrimaryDefaultInventoryTwelveMonthsOrMore": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The number of loans that have been in the primary default inventory for twelve months or more as of the balance sheet date.", "label": "Primary Default Inventory, Twelve Months or More", "verboseLabel": "12 months or more (in loans)" } } }, "localname": "PrimaryDefaultInventoryTwelveMonthsOrMore", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDelinquentItemsDetails" ], "xbrltype": "integerItemType" }, "mtg_PrimaryDefaultInventoryTwelveMonthsOrMorePercentOfPrimaryDefaultInventoryInDefaultForTwelveMonthsOrMoreInDefaultForMoreThanThirtySixConsecutiveMonths": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Primary Default Inventory Twelve Months Or More, Percent Of Primary Default Inventory In Default For Twelve Months Or More In Default For More Than Thirty Six Consecutive Months", "label": "Primary Default Inventory Twelve Months Or More, Percent Of Primary Default Inventory In Default For Twelve Months Or More In Default For More Than Thirty Six Consecutive Months", "terseLabel": "Percent of 12 months or more delinquent inventory, delinquent for more than 36 months (as a percent)" } } }, "localname": "PrimaryDefaultInventoryTwelveMonthsOrMorePercentOfPrimaryDefaultInventoryInDefaultForTwelveMonthsOrMoreInDefaultForMoreThanThirtySixConsecutiveMonths", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDelinquentItemsDetails" ], "xbrltype": "percentItemType" }, "mtg_PrimaryDefaultInventoryTwelveMonthsOrMorePercentage": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The percentage of loans that have been in the primary default inventory for twelve months or more as of the balance sheet date.", "label": "Primary Default Inventory, Twelve Months or More, Percentage", "terseLabel": "12 months or more (as a percent)" } } }, "localname": "PrimaryDefaultInventoryTwelveMonthsOrMorePercentage", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDelinquentItemsDetails" ], "xbrltype": "percentItemType" }, "mtg_PrincipalAmountOfNotesUsedInDeterminingConversionPricePerShare": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The principal amount of notes used in the determination of the initial conversion price per share, which is subject to adjustment.", "label": "Principal Amount Of Notes Used In Determining Conversion Price Per Share", "terseLabel": "Principal amount of notes used in determining conversion price per share" } } }, "localname": "PrincipalAmountOfNotesUsedInDeterminingConversionPricePerShare", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/DebtNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "mtg_ProbableLossOnLitigationClaimsPayingPracticesMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The increase (decrease) in losses incurred related to prior years due to claims paying practices.", "label": "Probable Loss On Litigation Claims Paying Practices [Member]", "terseLabel": "Probable loss on litigation claims paying practices" } } }, "localname": "ProbableLossOnLitigationClaimsPayingPracticesMember", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDetails" ], "xbrltype": "domainItemType" }, "mtg_QuotaShareReinsuranceAgreement2015Member": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Quota Share Reinsurance Agreement, 2015 [Member]", "label": "Quota Share Reinsurance Agreement, 2015 [Member]", "terseLabel": "Quota Share Reinsurance Agreement, 2015" } } }, "localname": "QuotaShareReinsuranceAgreement2015Member", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ReinsuranceNarrativeDetails" ], "xbrltype": "domainItemType" }, "mtg_QuotaShareReinsuranceAgreement2019Member": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Quota Share Reinsurance Agreement, 2019 [Member]", "label": "Quota Share Reinsurance Agreement, 2019 [Member]", "terseLabel": "Quota Share Reinsurance Agreement, 2019" } } }, "localname": "QuotaShareReinsuranceAgreement2019Member", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ReinsuranceNarrativeDetails" ], "xbrltype": "domainItemType" }, "mtg_QuotaShareReinsuranceAgreementsExcludingCaptivesMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Quota Share Reinsurance Agreements, Excluding Captives [Member]", "label": "Quota Share Reinsurance Agreements, Excluding Captives [Member]", "terseLabel": "Quota Share Reinsurance Agreements, Excluding Captive Agreements" } } }, "localname": "QuotaShareReinsuranceAgreementsExcludingCaptivesMember", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ReinsuranceSummaryOfQuotaReinsuranceArrangementsDetails" ], "xbrltype": "domainItemType" }, "mtg_RealEstateAcquiredMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "This category includes information about real estate acquired by the entity through claim settlement.", "label": "Real Estate Acquired [Member]", "terseLabel": "Real Estate Acquired" } } }, "localname": "RealEstateAcquiredMember", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsUnobservableInputReconciliationDetails" ], "xbrltype": "domainItemType" }, "mtg_RealEstateAssetsAcquiredFairValueDisclosure": { "auth_ref": [], "calculation": { "http://www.mgic.com/role/FairValueMeasurementsDetails": { "order": 4.0, "parentTag": "us-gaap_AssetsFairValueDisclosure", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Real Estate Assets Acquired, Fair Value Disclosure", "label": "Real Estate Assets Acquired, Fair Value Disclosure", "terseLabel": "Real estate acquired" } } }, "localname": "RealEstateAssetsAcquiredFairValueDisclosure", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsDetails" ], "xbrltype": "monetaryItemType" }, "mtg_ReferenceDividendAmount": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Reference dividend amount to determine conversion rate adjustment calculation.", "label": "Reference Dividend Amount", "terseLabel": "Reference dividend amount (per share)" } } }, "localname": "ReferenceDividendAmount", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/DebtNarrativeDetails" ], "xbrltype": "perShareItemType" }, "mtg_ReinsuranceCedingCommissionEarned": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Reinsurance Ceding Commission Earned", "label": "Reinsurance Ceding Commission Earned", "terseLabel": "Ceding commissions" } } }, "localname": "ReinsuranceCedingCommissionEarned", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ReinsuranceSummaryOfQuotaReinsuranceArrangementsDetails" ], "xbrltype": "monetaryItemType" }, "mtg_ReinsuranceProfitCommission": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Reinsurance, Profit Commission", "label": "Reinsurance, Profit Commission", "terseLabel": "Profit commission" } } }, "localname": "ReinsuranceProfitCommission", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ReinsuranceSummaryOfQuotaReinsuranceArrangementsDetails" ], "xbrltype": "monetaryItemType" }, "mtg_ReinsuranceQuotaShareReinsuranceAgreementTermsCedingCommissionPercent": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Reinsurance, Quota Share Reinsurance Agreement, Terms, Ceding Commission, Percent", "label": "Reinsurance, Quota Share Reinsurance Agreement, Terms, Ceding Commission, Percent", "terseLabel": "Ceding commission, percentage (as a percent)" } } }, "localname": "ReinsuranceQuotaShareReinsuranceAgreementTermsCedingCommissionPercent", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ReinsuranceNarrativeDetails" ], "xbrltype": "percentItemType" }, "mtg_ReinsuranceQuotaShareReinsuranceAgreementTermsCedingRatePercentOptionOne": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Reinsurance, Quota Share Reinsurance Agreement, Terms, Ceding Rate, Percent, Option One", "label": "Reinsurance, Quota Share Reinsurance Agreement, Terms, Ceding Rate, Percent, Option One", "terseLabel": "Cede rate, option 1 (as a percent)" } } }, "localname": "ReinsuranceQuotaShareReinsuranceAgreementTermsCedingRatePercentOptionOne", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ReinsuranceNarrativeDetails" ], "xbrltype": "percentItemType" }, "mtg_ReinsuranceQuotaShareReinsuranceAgreementTermsCedingRatePercentOptionTwo": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Reinsurance, Quota Share Reinsurance Agreement, Terms, Ceding Rate, Percent, Option Two", "label": "Reinsurance, Quota Share Reinsurance Agreement, Terms, Ceding Rate, Percent, Option Two", "terseLabel": "Cede rate, option 2 (as a percent)" } } }, "localname": "ReinsuranceQuotaShareReinsuranceAgreementTermsCedingRatePercentOptionTwo", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ReinsuranceNarrativeDetails" ], "xbrltype": "percentItemType" }, "mtg_ReinsuranceQuotaShareReinsuranceAgreementTermsContingentTerminationFee": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Reinsurance, Quota Share Reinsurance Agreement, Terms, Contingent Termination Fee", "label": "Reinsurance, Quota Share Reinsurance Agreement, Terms, Contingent Termination Fee", "terseLabel": "Contingent termination fee" } } }, "localname": "ReinsuranceQuotaShareReinsuranceAgreementTermsContingentTerminationFee", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ReinsuranceNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "mtg_ReinsuranceQuotaShareReinsuranceAgreementTermsQuotaSharePercent": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Reinsurance, Quota Share Reinsurance Agreement, Terms, Quota Share, Percent", "label": "Reinsurance, Quota Share Reinsurance Agreement, Terms, Quota Share, Percent", "terseLabel": "Quota share for all policies covered (as a percent)" } } }, "localname": "ReinsuranceQuotaShareReinsuranceAgreementTermsQuotaSharePercent", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ReinsuranceNarrativeDetails" ], "xbrltype": "percentItemType" }, "mtg_ReinsuranceQuotaShareReinsuranceAgreementTermsThresholdForPrivateMortgageInsurerEligibilityRequirementsForTerminationElection": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Reinsurance, Quota Share Reinsurance Agreement, Terms, Threshold For Private Mortgage Insurer Eligibility Requirements For Termination Election", "label": "Reinsurance, Quota Share Reinsurance Agreement, Terms, Threshold For Private Mortgage Insurer Eligibility Requirements For Termination Election", "terseLabel": "Threshold for private mortgage insurer eligibility requirements for termination election (less than) (as a percent)" } } }, "localname": "ReinsuranceQuotaShareReinsuranceAgreementTermsThresholdForPrivateMortgageInsurerEligibilityRequirementsForTerminationElection", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ReinsuranceNarrativeDetails" ], "xbrltype": "percentItemType" }, "mtg_ReinsuranceRetentionPolicyDebtIssuedToCoverInsuranceTerm": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Reinsurance Retention Policy, Debt Issued To Cover Insurance, Term", "label": "Reinsurance Retention Policy, Debt Issued To Cover Insurance, Term", "terseLabel": "Term of mortgage insurance-linked notes" } } }, "localname": "ReinsuranceRetentionPolicyDebtIssuedToCoverInsuranceTerm", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ReinsuranceVariableInterestEntityDetails" ], "xbrltype": "durationItemType" }, "mtg_ReinsuranceRetentionPolicyRemainingExcessOfLossReinsuranceCoverages": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Reinsurance Retention Policy, Remaining Excess of Loss Reinsurance Coverages", "label": "Reinsurance Retention Policy, Remaining Excess Of Loss Reinsurance Coverages", "terseLabel": "Remaining Excess of Loss Reinsurance Coverages" } } }, "localname": "ReinsuranceRetentionPolicyRemainingExcessOfLossReinsuranceCoverages", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ReinsuranceVariableInterestEntityDetails" ], "xbrltype": "monetaryItemType" }, "mtg_ReinsuranceTerminations": { "auth_ref": [], "calculation": { "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails": { "order": 3.0, "parentTag": "us-gaap_PaymentsForLossesAndLossAdjustmentExpense", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Decrease in losses paid resulting from cancellations of reinsurance agreements, with no future premium ceded and funds for any incurred but unpaid losses transferred to the entity.", "label": "Reinsurance terminations", "negatedTerseLabel": "Reinsurance terminations" } } }, "localname": "ReinsuranceTerminations", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails" ], "xbrltype": "monetaryItemType" }, "mtg_Risktocapitalratioatendofperiod": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The entity's risk-to-capital ratio as of the end of the reporting period.", "label": "Risk to capital ratio at end of period", "terseLabel": "Risk to capital ratio at end of period" } } }, "localname": "Risktocapitalratioatendofperiod", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/StatutoryInformationDetails" ], "xbrltype": "stringItemType" }, "mtg_Risktocapitalratioofcombinedinsuranceoperationsincludingreinsuranceaffiliatesatendofperiod": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The risk-to-capital ratio of the entity's combined insurance operations, including its reinsurance affiliates, as of the end of the reporting period.", "label": "Risk to capital ratio of combined insurance operations, including reinsurance affiliates, at end of period", "terseLabel": "Risk to capital ratio of combined insurance operations, including reinsurance affiliates, at end of period" } } }, "localname": "Risktocapitalratioofcombinedinsuranceoperationsincludingreinsuranceaffiliatesatendofperiod", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/StatutoryInformationDetails" ], "xbrltype": "stringItemType" }, "mtg_RollforwardOfPrimaryDefaultInventoryTableTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the activity related to loans in the primary default inventory.", "label": "Rollforward of Primary Default Inventory [Table Text Block]", "verboseLabel": "Rollforward of primary delinquent inventory" } } }, "localname": "RollforwardOfPrimaryDefaultInventoryTableTextBlock", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesTables" ], "xbrltype": "textBlockItemType" }, "mtg_ScheduleofProspectiveAccountingStandardsNotYetEffectiveOrAdoptedTableTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Schedule of Prospective Accounting Standards, Not Yet Effective Or Adopted [Table Text Block]", "label": "Schedule of Prospective Accounting Standards, Not Yet Effective Or Adopted [Table Text Block]", "terseLabel": "Schedule of Prospective Accounting Standards, Not Yet Effective Or Adopted" } } }, "localname": "ScheduleofProspectiveAccountingStandardsNotYetEffectiveOrAdoptedTableTextBlock", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/SignificantAccountingPoliciesSignificantAccountingPoliciesTables" ], "xbrltype": "textBlockItemType" }, "mtg_SeniorNotesFairValueDisclosure": { "auth_ref": [], "calculation": { "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails": { "order": 3.0, "parentTag": "us-gaap_DebtInstrumentFairValue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Senior Notes, Fair Value Disclosure", "label": "Senior Notes, Fair Value Disclosure", "terseLabel": "5.75% Senior Notes" } } }, "localname": "SeniorNotesFairValueDisclosure", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "monetaryItemType" }, "mtg_SettlementsForCommutationsOfCoveragePoolsOfNonperformingLoansMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Settlements For Commutations Of Coverage, Pools Of Nonperforming Loans [Member]", "label": "Settlements For Commutations Of Coverage, Pools Of Nonperforming Loans [Member]", "terseLabel": "Settlements for commutations of coverage, pools of nonperforming loans" } } }, "localname": "SettlementsForCommutationsOfCoveragePoolsOfNonperformingLoansMember", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/LossReservesDetails" ], "xbrltype": "domainItemType" }, "mtg_StatutoryAccountingPracticesRegulatoryCapitalRequirementsRisktoCapitalRatioMaximum": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Statutory Accounting Practices, Regulatory Capital Requirements, Risk-to-Capital Ratio, Maximum", "label": "Statutory Accounting Practices, Regulatory Capital Requirements, Risk-to-Capital Ratio, Maximum", "terseLabel": "Maximum risk-to-capital ratio" } } }, "localname": "StatutoryAccountingPracticesRegulatoryCapitalRequirementsRisktoCapitalRatioMaximum", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/StatutoryInformationDetails" ], "xbrltype": "pureItemType" }, "mtg_StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApprovalMeasurementMeasurementPeriod": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Statutory Accounting Practices, Statutory Amount Available For Dividend Payments Without Regulatory Approval, Measurement, Measurement Period", "label": "Statutory Accounting Practices, Statutory Amount Available For Dividend Payments Without Regulatory Approval, Measurement, Measurement Period", "terseLabel": "Adjusted statutory net income measurement period (in years)" } } }, "localname": "StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApprovalMeasurementMeasurementPeriod", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/StatutoryInformationDetails" ], "xbrltype": "durationItemType" }, "mtg_StatutoryAccountingPracticesStatutoryAmountAvailableforDividendPaymentswithoutRegulatoryApprovalMeasurementDividendPaymentPeriod": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Statutory Accounting Practices, Statutory Amount Available for Dividend Payments without Regulatory Approval, Measurement, Dividend Payment Period", "label": "Statutory Accounting Practices, Statutory Amount Available for Dividend Payments without Regulatory Approval, Measurement, Dividend Payment Period", "terseLabel": "Adjusted statutory net income dividend payment measurement period (in years)" } } }, "localname": "StatutoryAccountingPracticesStatutoryAmountAvailableforDividendPaymentswithoutRegulatoryApprovalMeasurementDividendPaymentPeriod", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/StatutoryInformationDetails" ], "xbrltype": "durationItemType" }, "mtg_StatutoryAccountingPracticesTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The entire disclosure of how the entity's reporting under GAAP as of the balance sheet date differs from the results based on prescribed and permitted accounting practices of the state or country of domicile in which a relevant statutory filing is made.", "label": "Statutory Accounting Practices [Text Block]", "verboseLabel": "Statutory Information" } } }, "localname": "StatutoryAccountingPracticesTextBlock", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/StatutoryInformation" ], "xbrltype": "textBlockItemType" }, "mtg_StatutoryCapitalAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "", "label": "Statutory Capital [Abstract]" } } }, "localname": "StatutoryCapitalAbstract", "nsuri": "http://www.mgic.com/20190930", "xbrltype": "stringItemType" }, "mtg_StatutoryCapitalRequirementsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "", "label": "Statutory capital requirements [Abstract]", "terseLabel": "Statutory capital requirements [Abstract]" } } }, "localname": "StatutoryCapitalRequirementsAbstract", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/StatutoryInformationDetails" ], "xbrltype": "stringItemType" }, "mtg_StatutoryCapitalRequirementsRiskToCapitalRatio": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Statutory Capital Requirements, Risk To Capital Ratio", "label": "Statutory Capital Requirements, Risk To Capital Ratio", "terseLabel": "Risk-to-capital ratio" } } }, "localname": "StatutoryCapitalRequirementsRiskToCapitalRatio", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/StatutoryInformationDetails" ], "xbrltype": "pureItemType" }, "mtg_StatutoryCapitalRequirementsRiskToCapitalRatioForCombinedInsuranceOperations": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Statutory Capital Requirements, Risk To Capital Ratio For Combined Insurance Operations", "label": "Statutory Capital Requirements, Risk To Capital Ratio For Combined Insurance Operations", "terseLabel": "Risk-to-capital ratio for combined insurance operations" } } }, "localname": "StatutoryCapitalRequirementsRiskToCapitalRatioForCombinedInsuranceOperations", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/StatutoryInformationDetails" ], "xbrltype": "pureItemType" }, "mtg_StockIssuedDuringPeriodValueTreasuryStockReissuedForShareBasedCompensation": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Stock Issued During Period, Value, Treasury Stock Reissued For Share Based Compensation", "label": "Stock Issued During Period, Value, Treasury Stock Reissued For Share Based Compensation", "terseLabel": "Reissuance of treasury stock, net under share-based compensation plans" } } }, "localname": "StockIssuedDuringPeriodValueTreasuryStockReissuedForShareBasedCompensation", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfShareholdersEquity" ], "xbrltype": "monetaryItemType" }, "mtg_UnvestedRestrictedStockUnitsMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Refers to the unvested restricted stock units.", "label": "Unvested restricted stock units [Member]", "terseLabel": "Unvested RSUs" } } }, "localname": "UnvestedRestrictedStockUnitsMember", "nsuri": "http://www.mgic.com/20190930", "presentation": [ "http://www.mgic.com/role/EarningsPerShareDetails" ], "xbrltype": "domainItemType" }, "srt_MaximumMember": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Maximum [Member]", "terseLabel": "Maximum" } } }, "localname": "MaximumMember", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareBasedCompensationDetails" ], "xbrltype": "domainItemType" }, "srt_MinimumMember": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Minimum [Member]", "terseLabel": "Minimum" } } }, "localname": "MinimumMember", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareBasedCompensationDetails" ], "xbrltype": "domainItemType" }, "srt_RangeAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Statistical Measurement [Axis]", "terseLabel": "Statistical Measurement [Axis]" } } }, "localname": "RangeAxis", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareBasedCompensationDetails" ], "xbrltype": "stringItemType" }, "srt_RangeMember": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Statistical Measurement [Domain]", "terseLabel": "Statistical Measurement [Domain]" } } }, "localname": "RangeMember", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareBasedCompensationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_AOCIAttributableToParentNetOfTaxRollForward": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "AOCI Attributable to Parent, Net of Tax [Roll Forward]", "terseLabel": "AOCI Attributable to Parent, Net of Tax [Roll Forward]" } } }, "localname": "AOCIAttributableToParentNetOfTaxRollForward", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_AccruedInvestmentIncomeReceivable": { "auth_ref": [ "r13", "r259", "r300" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 4.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Interest, dividends, rents, ancillary and other revenues earned but not yet received by the entity on its investments.", "label": "Accrued Investment Income Receivable", "terseLabel": "Accrued investment income" } } }, "localname": "AccruedInvestmentIncomeReceivable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember": { "auth_ref": [ "r36", "r42", "r43", "r175", "r222" ], "lang": { "en-US": { "role": { "documentation": "Accumulated other comprehensive (income) loss related to defined benefit plans attributable to the parent.", "label": "Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]", "terseLabel": "Net benefit plan assets and (obligations) recognized in shareholders' equity" } } }, "localname": "AccumulatedDefinedBenefitPlansAdjustmentMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember": { "auth_ref": [ "r32", "r33", "r35", "r42", "r43" ], "lang": { "en-US": { "role": { "documentation": "Accumulated unrealized gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), attributable to parent.", "label": "AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]", "terseLabel": "Net unrealized gains and (losses) on available-for-sale securities" } } }, "localname": "AccumulatedNetUnrealizedInvestmentGainLossMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Accumulated Other Comprehensive Income (Loss) [Line Items]", "terseLabel": "Accumulated Other Comprehensive Income (Loss) [Line Items]" } } }, "localname": "AccumulatedOtherComprehensiveIncomeLossLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax": { "auth_ref": [ "r39", "r41", "r42" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 4.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.", "label": "Accumulated Other Comprehensive Income (Loss), Net of Tax", "verboseLabel": "Accumulated other comprehensive income (loss), net of tax" } } }, "localname": "AccumulatedOtherComprehensiveIncomeLossNetOfTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]", "terseLabel": "Amounts Reclassified From Accumulated Other Comprehensive Income [Abstract]" } } }, "localname": "AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_AccumulatedOtherComprehensiveIncomeLossTable": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Disclosure of information about components of accumulated other comprehensive income (loss).", "label": "Accumulated Other Comprehensive Income (Loss) [Table]", "terseLabel": "Accumulated Other Comprehensive Income (Loss) [Table]" } } }, "localname": "AccumulatedOtherComprehensiveIncomeLossTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_AccumulatedOtherComprehensiveIncomeMember": { "auth_ref": [ "r38", "r42", "r43", "r222" ], "lang": { "en-US": { "role": { "documentation": "Accumulated increase (decrease) in equity from transactions and other events and circumstances from non-owner sources, attributable to the parent. Excludes net income (loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners.", "label": "AOCI Attributable to Parent [Member]", "terseLabel": "Accumulated other comprehensive income (loss)" } } }, "localname": "AccumulatedOtherComprehensiveIncomeMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfShareholdersEquity", "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_AdditionalPaidInCapitalCommonStock": { "auth_ref": [ "r14" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital.", "label": "Additional Paid in Capital, Common Stock", "terseLabel": "Paid-in capital" } } }, "localname": "AdditionalPaidInCapitalCommonStock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AdditionalPaidInCapitalMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders.", "label": "Additional Paid-in Capital [Member]", "terseLabel": "Paid-in capital" } } }, "localname": "AdditionalPaidInCapitalMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfShareholdersEquity" ], "xbrltype": "domainItemType" }, "us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue": { "auth_ref": [ "r189", "r191", "r202", "r203" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of increase to additional paid-in capital (APIC) for recognition of cost for award under share-based payment arrangement.", "label": "APIC, Share-based Payment Arrangement, Increase for Cost Recognition", "terseLabel": "Equity compensation" } } }, "localname": "AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfShareholdersEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]", "terseLabel": "Adjustments to reconcile net income to net cash provided by operating activities:" } } }, "localname": "AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]", "terseLabel": "Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]" } } }, "localname": "AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/EarningsPerShareDetails" ], "xbrltype": "stringItemType" }, "us-gaap_AssetBackedSecuritiesMember": { "auth_ref": [ "r115", "r167" ], "lang": { "en-US": { "role": { "documentation": "Securities that are primarily serviced by the cash flows of a discrete pool of receivables or other financial assets for example, but not limited to, credit card receivables, car loans, recreational vehicle loans, and mobile home loans.", "label": "Asset-backed Securities [Member]", "terseLabel": "Asset backed securities (\u201cABS\u201d)" } } }, "localname": "AssetBackedSecuritiesMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsDetails", "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails", "http://www.mgic.com/role/InvestmentsDetails", "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails" ], "xbrltype": "domainItemType" }, "us-gaap_Assets": { "auth_ref": [ "r97", "r260", "r294" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.", "label": "Assets", "totalLabel": "Total assets" } } }, "localname": "Assets", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AssetsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Assets [Abstract]", "terseLabel": "ASSETS" } } }, "localname": "AssetsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_AssetsFairValueDisclosure": { "auth_ref": [ "r230" ], "calculation": { "http://www.mgic.com/role/FairValueMeasurementsDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Fair value portion of probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.", "label": "Assets, Fair Value Disclosure", "totalLabel": "Total assets" } } }, "localname": "AssetsFairValueDisclosure", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AssetsHeldByInsuranceRegulators": { "auth_ref": [ "r347" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Carrying amount of cash and investment securities on deposit with state regulatory authorities in connection with capital requirements.", "label": "Assets Held by Insurance Regulators", "terseLabel": "Assets held by insurance regulators" } } }, "localname": "AssetsHeldByInsuranceRegulators", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AssumedPremiumsEarned": { "auth_ref": [ "r309", "r320", "r339", "r342" ], "calculation": { "http://www.mgic.com/role/ReinsuranceSummaryOfPremiumsEarnedAndLossesIncurredDetails": { "order": 2.0, "parentTag": "us-gaap_PremiumsEarnedNetPropertyAndCasualty", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of earned premiums assumed from other entities.", "label": "Assumed Premiums Earned", "terseLabel": "Assumed" } } }, "localname": "AssumedPremiumsEarned", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ReinsuranceSummaryOfPremiumsEarnedAndLossesIncurredDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AssumedPremiumsWritten": { "auth_ref": [ "r339" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfOperations": { "order": 2.0, "parentTag": "us-gaap_PremiumsWrittenNet", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of written premiums assumed from other entities.", "label": "Assumed Premiums Written", "terseLabel": "Assumed" } } }, "localname": "AssumedPremiumsWritten", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax": { "auth_ref": [ "r106" ], "calculation": { "http://www.mgic.com/role/InvestmentsDetails": { "order": 1.0, "parentTag": "us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, before tax, of unrealized gain in accumulated other comprehensive income (AOCI) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).", "label": "Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax", "terseLabel": "Gross Unrealized Gains" } } }, "localname": "AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax": { "auth_ref": [ "r107" ], "calculation": { "http://www.mgic.com/role/InvestmentsDetails": { "order": 2.0, "parentTag": "us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount, before tax, of unrealized loss in accumulated other comprehensive income (AOCI) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).", "label": "Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax", "negatedLabel": "Gross Unrealized Losses" } } }, "localname": "AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis": { "auth_ref": [ "r104", "r130" ], "calculation": { "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails": { "order": null, "parentTag": null, "root": true, "weight": null }, "http://www.mgic.com/role/InvestmentsDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).", "label": "Debt Securities, Available-for-sale, Amortized Cost", "totalLabel": "Amortized Cost", "verboseLabel": "Fixed maturities, amortized cost" } } }, "localname": "AvailableForSaleDebtSecuritiesAmortizedCostBasis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheetsParenthetical", "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails", "http://www.mgic.com/role/InvestmentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleSecuritiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Debt Securities, Available-for-sale [Abstract]", "terseLabel": "Investment portfolio:" } } }, "localname": "AvailableForSaleSecuritiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost": { "auth_ref": [ "r112" ], "calculation": { "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails": { "order": 3.0, "parentTag": "mtg_AvailableForSaleSecuritiesDebtMaturitiesWithSingleMaturityDateAmortizedCost", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing in sixth fiscal year through tenth fiscal year following latest fiscal year. Excludes interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date.", "label": "Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, after Five Through Ten Years, Amortized Cost", "verboseLabel": "Due after five years through ten years" } } }, "localname": "AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue": { "auth_ref": [ "r108", "r112", "r275" ], "calculation": { "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails": { "order": 3.0, "parentTag": "mtg_AvailableForSaleSecuritiesDebtMaturitiesWithSingleMaturityDateFairValue", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing in sixth through tenth fiscal year following latest fiscal year. Excludes interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date.", "label": "Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, after Five Through Ten Years, Fair Value", "terseLabel": "Due after five years through ten years" } } }, "localname": "AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost": { "auth_ref": [ "r111" ], "calculation": { "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails": { "order": 2.0, "parentTag": "mtg_AvailableForSaleSecuritiesDebtMaturitiesWithSingleMaturityDateAmortizedCost", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing in second through fifth fiscal year following latest fiscal year. Excludes interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date.", "label": "Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, after One Through Five Years, Amortized Cost", "verboseLabel": "Due after one year through five years" } } }, "localname": "AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue": { "auth_ref": [ "r108", "r111", "r274" ], "calculation": { "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails": { "order": 2.0, "parentTag": "mtg_AvailableForSaleSecuritiesDebtMaturitiesWithSingleMaturityDateFairValue", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing in second through fifth fiscal year following latest fiscal year. Excludes interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date.", "label": "Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, after One Through Five Years, Fair Value", "terseLabel": "Due after one year through five years" } } }, "localname": "AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost": { "auth_ref": [ "r113" ], "calculation": { "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails": { "order": 4.0, "parentTag": "mtg_AvailableForSaleSecuritiesDebtMaturitiesWithSingleMaturityDateAmortizedCost", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing after tenth fiscal year following latest fiscal year. Excludes interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date.", "label": "Debt Securities, Available-for-sale, Allocated and Single Maturity Date, Maturity, after 10 Years, Amortized Cost", "verboseLabel": "Due after ten years" } } }, "localname": "AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue": { "auth_ref": [ "r108", "r113", "r276" ], "calculation": { "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails": { "order": 4.0, "parentTag": "mtg_AvailableForSaleSecuritiesDebtMaturitiesWithSingleMaturityDateFairValue", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Fair value of investment in debt security, measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing after tenth fiscal year following latest fiscal year. Excludes interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date.", "label": "Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, after 10 Years, Fair Value", "terseLabel": "Due after ten years" } } }, "localname": "AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCostAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Debt Securities, Available-for-sale, Amortized Cost, Fiscal Year Maturity [Abstract]", "terseLabel": "Amortized cost" } } }, "localname": "AvailableForSaleSecuritiesDebtMaturitiesAmortizedCostAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_AvailableForSaleSecuritiesDebtMaturitiesFairValueAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Debt Securities, Available-for-sale, Fair Value, Fiscal Year Maturity [Abstract]", "terseLabel": "Fair Value" } } }, "localname": "AvailableForSaleSecuritiesDebtMaturitiesFairValueAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost": { "auth_ref": [ "r110" ], "calculation": { "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails": { "order": 1.0, "parentTag": "mtg_AvailableForSaleSecuritiesDebtMaturitiesWithSingleMaturityDateAmortizedCost", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amortized cost of investment in debt security measured at fair value with change recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing in next fiscal year following latest fiscal year. Excludes interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date.", "label": "Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, within One Year, Amortized Cost", "verboseLabel": "Due in one year or less" } } }, "localname": "AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue": { "auth_ref": [ "r108", "r110", "r273" ], "calculation": { "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails": { "order": 1.0, "parentTag": "mtg_AvailableForSaleSecuritiesDebtMaturitiesWithSingleMaturityDateFairValue", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), maturing in next fiscal year following latest fiscal year. Excludes interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date.", "label": "Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, within One Year, Fair Value", "terseLabel": "Due in one year or less" } } }, "localname": "AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost": { "auth_ref": [ "r114" ], "calculation": { "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails": { "order": 1.0, "parentTag": "us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), without single maturity date and not allocated over maturity grouping.", "label": "Debt Securities, Available-for-sale, Maturity, without Single Maturity Date, Amortized Cost", "terseLabel": "Total debt securities without single maturity date, amortized cost" } } }, "localname": "AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue": { "auth_ref": [ "r114" ], "calculation": { "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails": { "order": 1.0, "parentTag": "us-gaap_AvailableForSaleSecuritiesDebtSecurities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), without single maturity date and not allocated over maturity grouping.", "label": "Debt Securities, Available-for-sale, Maturity, without Single Maturity Date, Fair Value", "terseLabel": "Total debt securities without single maturity date, fair value" } } }, "localname": "AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleSecuritiesDebtSecurities": { "auth_ref": [ "r100", "r105", "r130" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_Investments", "weight": 1.0 }, "http://www.mgic.com/role/FairValueMeasurementsDetails": { "order": 1.0, "parentTag": "us-gaap_AssetsFairValueDisclosure", "weight": 1.0 }, "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails": { "order": null, "parentTag": null, "root": true, "weight": null }, "http://www.mgic.com/role/InvestmentsDetails": { "order": 3.0, "parentTag": "us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).", "label": "Debt Securities, Available-for-sale", "terseLabel": "Fixed income, available-for-sale, at fair value (amortized cost 2019 - $5,473,893; 2018 - $5,196,784)", "totalLabel": "Total at end of period", "verboseLabel": "Fair Value" } } }, "localname": "AvailableForSaleSecuritiesDebtSecurities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets", "http://www.mgic.com/role/FairValueMeasurementsDetails", "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails", "http://www.mgic.com/role/InvestmentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleSecuritiesGrossRealizedGains": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "This item represents the gross profit realized on the sale of debt or equity securities categorized neither as held-to-maturity nor trading securities.", "label": "Available-for-sale Securities, Gross Realized Gains", "terseLabel": "Gross realized gains, fixed income securities" } } }, "localname": "AvailableForSaleSecuritiesGrossRealizedGains", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableforsaleSecuritiesGrossRealizedLossesExcludingOtherThanTemporaryImpairments": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of loss realized on the sale of debt or equity securities classified as available-for-sale. Excludes other than temporary impairments (OTTI).", "label": "Available-for-sale Securities, Realized Losses, Excluding Other than Temporary Impairments", "terseLabel": "Gross realized losses, fixed income securities" } } }, "localname": "AvailableforsaleSecuritiesGrossRealizedLossesExcludingOtherThanTemporaryImpairments", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AwardTypeAxis": { "auth_ref": [ "r193", "r201" ], "lang": { "en-US": { "role": { "documentation": "Information by type of award under share-based payment arrangement.", "label": "Award Type [Axis]", "terseLabel": "Award Type [Axis]" } } }, "localname": "AwardTypeAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareBasedCompensationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_BenefitsLossesAndExpenses": { "auth_ref": [ "r316" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfOperations": { "order": 1.0, "parentTag": "us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The total amount of expense recognized during the period for future policy benefits, claims and claims adjustment costs, and for selling, general and administrative costs.", "label": "Benefits, Losses and Expenses", "totalLabel": "Total losses and expenses" } } }, "localname": "BenefitsLossesAndExpenses", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_BenefitsLossesAndExpensesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Benefits, Losses and Expenses [Abstract]", "terseLabel": "Losses and expenses:" } } }, "localname": "BenefitsLossesAndExpensesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations" ], "xbrltype": "stringItemType" }, "us-gaap_CarryingReportedAmountFairValueDisclosureMember": { "auth_ref": [ "r243", "r244" ], "lang": { "en-US": { "role": { "documentation": "Measured as reported on the statement of financial position (balance sheet).", "label": "Reported Value Measurement [Member]", "terseLabel": "Carrying Value" } } }, "localname": "CarryingReportedAmountFairValueDisclosureMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_CashAndCashEquivalentsAtCarryingValue": { "auth_ref": [ "r1", "r19", "r70" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.", "label": "Cash and Cash Equivalents, at Carrying Value", "terseLabel": "Cash and cash equivalents" } } }, "localname": "CashAndCashEquivalentsAtCarryingValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents": { "auth_ref": [ "r64", "r70", "r72" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents", "periodEndLabel": "Cash and cash equivalents and restricted cash and cash equivalents at end of period", "periodStartLabel": "Cash and cash equivalents and restricted cash and cash equivalents at beginning of period" } } }, "localname": "CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect": { "auth_ref": [ "r64", "r245" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of increase (decrease) in cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; excluding effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect", "totalLabel": "Net increase in cash and cash equivalents and restricted cash and cash equivalents" } } }, "localname": "CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_CashDividendsPaidToParentCompany": { "auth_ref": [ "r79" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "This element represents disclosure of the total aggregate cash dividends paid to the entity by consolidated subsidiaries, by unconsolidated subsidiaries, and by 50% or less owned persons accounted for using the equity method.", "label": "SEC Schedule, 12-04, Cash Dividends Paid to Registrant, Subsidiaries and Equity Method Investees", "terseLabel": "Dividends paid to the parent company" } } }, "localname": "CashDividendsPaidToParentCompany", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/StatutoryInformationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_CausesOfIncreaseDecreaseInLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]", "terseLabel": "Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]" } } }, "localname": "CausesOfIncreaseDecreaseInLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/LossReservesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_CausesOfIncreaseDecreaseInLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseTable": { "auth_ref": [ "r330", "r333" ], "lang": { "en-US": { "role": { "documentation": "Description of the reasons for the change in incurred claims and claim adjustment expenses recognized in the income statement attributable to insured events of prior fiscal years. Also includes disclosures of additional premiums or return premiums accrued as a result of changes in incurred claims and claim adjustment expenses.", "label": "Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Table]", "terseLabel": "Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Table]" } } }, "localname": "CausesOfIncreaseDecreaseInLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/LossReservesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_CededPremiumsEarned": { "auth_ref": [ "r309", "r319", "r336", "r337", "r340", "r342" ], "calculation": { "http://www.mgic.com/role/ReinsuranceSummaryOfPremiumsEarnedAndLossesIncurredDetails": { "order": 3.0, "parentTag": "us-gaap_PremiumsEarnedNetPropertyAndCasualty", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of earned premiums ceded to other entities.", "label": "Ceded Premiums Earned", "negatedLabel": "Ceded", "terseLabel": "Ceded premiums" } } }, "localname": "CededPremiumsEarned", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ReinsuranceNarrativeDetails", "http://www.mgic.com/role/ReinsuranceSummaryOfPremiumsEarnedAndLossesIncurredDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_CededPremiumsWritten": { "auth_ref": [ "r340", "r342" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfOperations": { "order": 3.0, "parentTag": "us-gaap_PremiumsWrittenNet", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of written premiums ceded to other entities.", "label": "Ceded Premiums Written", "negatedLabel": "Ceded" } } }, "localname": "CededPremiumsWritten", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_ClassOfStockLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Class of Stock [Line Items]", "terseLabel": "Class of Stock [Line Items]" } } }, "localname": "ClassOfStockLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareholdersEquityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_CollateralizedLoanObligationsMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Securities collateralized by a pool of loans.", "label": "Collateralized Loan Obligations [Member]", "terseLabel": "Collateralized loan obligations (\u201cCLOs\u201d)" } } }, "localname": "CollateralizedLoanObligationsMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsDetails", "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails", "http://www.mgic.com/role/InvestmentsDetails", "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails" ], "xbrltype": "domainItemType" }, "us-gaap_CommercialMortgageBackedSecuritiesMember": { "auth_ref": [ "r114", "r167" ], "lang": { "en-US": { "role": { "documentation": "Securities collateralized by commercial real estate mortgage loans.", "label": "Commercial Mortgage Backed Securities [Member]", "terseLabel": "Commercial mortgage backed securities (\u201cCMBS\u201d)" } } }, "localname": "CommercialMortgageBackedSecuritiesMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsDetails", "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails", "http://www.mgic.com/role/InvestmentsDetails", "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails" ], "xbrltype": "domainItemType" }, "us-gaap_CommitmentsAndContingencies": { "auth_ref": [ "r27", "r140", "r269", "r303" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur.", "label": "Commitments and Contingencies", "terseLabel": "Contingencies" } } }, "localname": "CommitmentsAndContingencies", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_CommitmentsAndContingenciesDisclosureAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Commitments and Contingencies Disclosure [Abstract]" } } }, "localname": "CommitmentsAndContingenciesDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_CommonStockDividendsPerShareCashPaid": { "auth_ref": [ "r159" ], "lang": { "en-US": { "role": { "documentation": "Aggregate dividends paid during the period for each share of common stock outstanding.", "label": "Common Stock, Dividends, Per Share, Cash Paid", "terseLabel": "Quarterly cash dividend paid (per share)" } } }, "localname": "CommonStockDividendsPerShareCashPaid", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareholdersEquityDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_CommonStockDividendsPerShareDeclared": { "auth_ref": [ "r159" ], "lang": { "en-US": { "role": { "documentation": "Aggregate dividends declared during the period for each share of common stock outstanding.", "label": "Common Stock, Dividends, Per Share, Declared", "terseLabel": "Quarterly cash dividend declared (per share)" } } }, "localname": "CommonStockDividendsPerShareDeclared", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareholdersEquityDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_CommonStockMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Stock that is subordinate to all other stock of the issuer.", "label": "Common Stock [Member]", "terseLabel": "Common stock" } } }, "localname": "CommonStockMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfShareholdersEquity" ], "xbrltype": "domainItemType" }, "us-gaap_CommonStockParOrStatedValuePerShare": { "auth_ref": [ "r12" ], "lang": { "en-US": { "role": { "documentation": "Face amount or stated value per share of common stock.", "label": "Common Stock, Par or Stated Value Per Share", "terseLabel": "Common stock, par value (in dollars per share)" } } }, "localname": "CommonStockParOrStatedValuePerShare", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "perShareItemType" }, "us-gaap_CommonStockSharesAuthorized": { "auth_ref": [ "r12" ], "lang": { "en-US": { "role": { "documentation": "The maximum number of common shares permitted to be issued by an entity's charter and bylaws.", "label": "Common Stock, Shares Authorized", "terseLabel": "Common stock, shares authorized (in shares)" } } }, "localname": "CommonStockSharesAuthorized", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockSharesIssued": { "auth_ref": [ "r12" ], "lang": { "en-US": { "role": { "documentation": "Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.", "label": "Common Stock, Shares, Issued", "terseLabel": "Common stock, shares issued (in shares)" } } }, "localname": "CommonStockSharesIssued", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockSharesOutstanding": { "auth_ref": [ "r12", "r151" ], "lang": { "en-US": { "role": { "documentation": "Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation.", "label": "Common Stock, Shares, Outstanding", "terseLabel": "Common stock, shares outstanding (in shares)" } } }, "localname": "CommonStockSharesOutstanding", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockValue": { "auth_ref": [ "r12" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.", "label": "Common Stock, Value, Issued", "terseLabel": "Common stock (one dollar par value, shares authorized 1,000,000; shares issued 2019 - 371,353; 2018 - 371,353; shares outstanding 2019 - 348,709; 2018 - 355,371)" } } }, "localname": "CommonStockValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_CompensationAndRetirementDisclosureAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Retirement Benefits [Abstract]" } } }, "localname": "CompensationAndRetirementDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]", "terseLabel": "Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]" } } }, "localname": "ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/StatutoryInformationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ComprehensiveIncomeNetOfTax": { "auth_ref": [ "r46", "r48", "r49" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfComprehensiveIncome": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.", "label": "Comprehensive Income (Loss), Net of Tax, Attributable to Parent", "totalLabel": "Comprehensive income" } } }, "localname": "ComprehensiveIncomeNetOfTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_ComprehensiveIncomeNetOfTaxAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]" } } }, "localname": "ComprehensiveIncomeNetOfTaxAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_ComprehensiveIncomeNoteTextBlock": { "auth_ref": [ "r57" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.", "label": "Comprehensive Income (Loss) Note [Text Block]", "verboseLabel": "Other Comprehensive Income" } } }, "localname": "ComprehensiveIncomeNoteTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/OtherComprehensiveIncome" ], "xbrltype": "textBlockItemType" }, "us-gaap_ConvertibleSubordinatedDebt": { "auth_ref": [ "r10", "r262", "r296" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 4.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Including the current and noncurrent portions, the carrying value of convertible subordinated debt, as of the balance sheet date, initially scheduled to be repaid after one year or beyond the normal operating cycle if longer. This form of debt can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder, and places a lender in a lien position behind debt having a higher priority of repayment in liquidation of the entity's assets.", "label": "Convertible Subordinated Debt", "terseLabel": "Convertible junior subordinated debentures" } } }, "localname": "ConvertibleSubordinatedDebt", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_ConvertibleSubordinatedDebtMember": { "auth_ref": [ "r143" ], "lang": { "en-US": { "role": { "documentation": "Debt that places a lender in a lien position behind debt having a higher priority of repayment in liquidation of the entity's assets which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder.", "label": "Convertible Subordinated Debt [Member]", "terseLabel": "9% Convertible Junior Subordinated Debentures" } } }, "localname": "ConvertibleSubordinatedDebtMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/DebtNarrativeDetails", "http://www.mgic.com/role/DebtSummaryOfDebtObligationsDetails", "http://www.mgic.com/role/EarningsPerShareDetails", "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_CorporateDebtSecuritiesMember": { "auth_ref": [ "r167", "r186", "r345" ], "lang": { "en-US": { "role": { "documentation": "Debt securities issued by domestic or foreign corporate business, banks and other entities with a promise of repayment.", "label": "Corporate Debt Securities [Member]", "terseLabel": "Corporate debt securities" } } }, "localname": "CorporateDebtSecuritiesMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsDetails", "http://www.mgic.com/role/InvestmentsDetails", "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails" ], "xbrltype": "domainItemType" }, "us-gaap_DebtDisclosureAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Debt Disclosure [Abstract]" } } }, "localname": "DebtDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_DebtDisclosureTextBlock": { "auth_ref": [ "r147" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.", "label": "Debt Disclosure [Text Block]", "verboseLabel": "Debt" } } }, "localname": "DebtDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/Debt" ], "xbrltype": "textBlockItemType" }, "us-gaap_DebtInstrumentAxis": { "auth_ref": [ "r7", "r9", "r10", "r261", "r262", "r291" ], "lang": { "en-US": { "role": { "documentation": "Information by type of debt instrument, including, but not limited to, draws against credit facilities.", "label": "Debt Instrument [Axis]", "terseLabel": "Debt Instrument [Axis]" } } }, "localname": "DebtInstrumentAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/DebtNarrativeDetails", "http://www.mgic.com/role/DebtSummaryOfDebtObligationsDetails", "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DebtInstrumentConvertibleConversionPrice1": { "auth_ref": [ "r145" ], "lang": { "en-US": { "role": { "documentation": "The price per share of the conversion feature embedded in the debt instrument.", "label": "Debt Instrument, Convertible, Conversion Price", "terseLabel": "Convertible debt, conversion price (in dollars per share)" } } }, "localname": "DebtInstrumentConvertibleConversionPrice1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/DebtNarrativeDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_DebtInstrumentConvertibleConversionRatio1": { "auth_ref": [ "r25", "r152", "r155", "r157" ], "lang": { "en-US": { "role": { "documentation": "Ratio applied to the conversion of debt instrument into equity with equity shares divided by debt principal amount.", "label": "Debt Instrument, Convertible, Conversion Ratio", "verboseLabel": "Conversion rate (in shares per $1,000 note)" } } }, "localname": "DebtInstrumentConvertibleConversionRatio1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/DebtNarrativeDetails" ], "xbrltype": "pureItemType" }, "us-gaap_DebtInstrumentFaceAmount": { "auth_ref": [ "r247", "r248" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Face (par) amount of debt instrument at time of issuance.", "label": "Debt Instrument, Face Amount", "terseLabel": "Debt instrument, face amount" } } }, "localname": "DebtInstrumentFaceAmount", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/DebtSummaryOfDebtObligationsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DebtInstrumentFairValue": { "auth_ref": [ "r242" ], "calculation": { "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Fair value portion of debt instrument payable, including, but not limited to, notes payable and loans payable.", "label": "Debt Instrument, Fair Value Disclosure", "totalLabel": "Total financial liabilities" } } }, "localname": "DebtInstrumentFairValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DebtInstrumentInterestRateStatedPercentage": { "auth_ref": [ "r24" ], "lang": { "en-US": { "role": { "documentation": "Contractual interest rate for funds borrowed, under the debt agreement.", "label": "Debt Instrument, Interest Rate, Stated Percentage", "terseLabel": "Stated interest rate" } } }, "localname": "DebtInstrumentInterestRateStatedPercentage", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/DebtNarrativeDetails", "http://www.mgic.com/role/DebtSummaryOfDebtObligationsDetails", "http://www.mgic.com/role/EarningsPerShareDetails", "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "percentItemType" }, "us-gaap_DebtInstrumentLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Debt Instrument [Line Items]", "terseLabel": "Debt Instrument [Line Items]" } } }, "localname": "DebtInstrumentLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/DebtNarrativeDetails", "http://www.mgic.com/role/DebtSummaryOfDebtObligationsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DebtInstrumentNameDomain": { "auth_ref": [ "r26" ], "lang": { "en-US": { "role": { "documentation": "The name for the particular debt instrument or borrowing that distinguishes it from other debt instruments or borrowings, including draws against credit facilities.", "label": "Debt Instrument, Name [Domain]", "terseLabel": "Debt Instrument, Name [Domain]" } } }, "localname": "DebtInstrumentNameDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/DebtNarrativeDetails", "http://www.mgic.com/role/DebtSummaryOfDebtObligationsDetails", "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_DebtInstrumentTable": { "auth_ref": [ "r26", "r76", "r152", "r156", "r157", "r158", "r246", "r247", "r248", "r282" ], "lang": { "en-US": { "role": { "documentation": "A table or schedule providing information pertaining to long-term debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the company, if longer.", "label": "Schedule of Long-term Debt Instruments [Table]", "terseLabel": "Schedule of Long-term Debt Instruments [Table]" } } }, "localname": "DebtInstrumentTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/DebtNarrativeDetails", "http://www.mgic.com/role/DebtSummaryOfDebtObligationsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger": { "auth_ref": [ "r120", "r135", "r138" ], "calculation": { "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails": { "order": 2.0, "parentTag": "us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPosition", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in continuous unrealized loss position for more than 12 months, without allowance for credit loss. Includes beneficial interest in securitized financial asset.", "label": "Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer", "terseLabel": "Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer" } } }, "localname": "DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss": { "auth_ref": [ "r120", "r135" ], "calculation": { "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails": { "order": 2.0, "parentTag": "us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of accumulated unrealized loss on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in continuous unrealized loss position for 12 months or longer, without allowance for credit loss. Includes beneficial interest in securitized financial asset.", "label": "Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss", "negatedTerseLabel": "12 Months or Greater" } } }, "localname": "DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months": { "auth_ref": [ "r120", "r135", "r138" ], "calculation": { "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails": { "order": 1.0, "parentTag": "us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPosition", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in continuous unrealized loss position for less than 12 months, without allowance for credit loss. Includes beneficial interest in securitized financial asset.", "label": "Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months", "terseLabel": "Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months" } } }, "localname": "DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss": { "auth_ref": [ "r120", "r135" ], "calculation": { "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails": { "order": 1.0, "parentTag": "us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of accumulated unrealized loss on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in continuous unrealized loss position for less than 12 months, without allowance for credit loss. Includes beneficial interest in securitized financial asset.", "label": "Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss", "negatedTerseLabel": "Less Than 12 Months" } } }, "localname": "DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPosition": { "auth_ref": [ "r116", "r131", "r138" ], "calculation": { "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position without allowance for credit loss.", "label": "Debt Securities, Available-for-sale, Unrealized Loss Position", "totalLabel": "Total" } } }, "localname": "DebtSecuritiesAvailableForSaleUnrealizedLossPosition", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss": { "auth_ref": [ "r117", "r132" ], "calculation": { "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of accumulated unrealized loss on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset.", "label": "Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss", "negatedTotalLabel": "Total" } } }, "localname": "DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions": { "auth_ref": [ "r118", "r133" ], "lang": { "en-US": { "role": { "documentation": "Number of investments in debt securities measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset.", "label": "Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions", "terseLabel": "Number of securities in unrealized loss position (in securities)" } } }, "localname": "DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsDetails" ], "xbrltype": "integerItemType" }, "us-gaap_DebtSecuritiesMember": { "auth_ref": [ "r123" ], "lang": { "en-US": { "role": { "documentation": "Debt instrument issued by corporations, governments and governmental agencies, municipalities, and other institutions.", "label": "Debt Securities [Member]", "terseLabel": "Fixed income", "verboseLabel": "Total fixed income securities" } } }, "localname": "DebtSecuritiesMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsDetails", "http://www.mgic.com/role/FairValueMeasurementsUnobservableInputReconciliationDetails", "http://www.mgic.com/role/InvestmentsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_DeferredIncomeTaxAssetsNet": { "auth_ref": [ "r211" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 10.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount, after allocation of valuation allowances and deferred tax liability, of deferred tax asset attributable to deductible differences and carryforwards, with jurisdictional netting.", "label": "Deferred Income Tax Assets, Net", "terseLabel": "Deferred income taxes, net" } } }, "localname": "DeferredIncomeTaxAssetsNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredIncomeTaxExpenseBenefit": { "auth_ref": [ "r68", "r74", "r213", "r214" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 3.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations.", "label": "Deferred Income Tax Expense (Benefit)", "terseLabel": "Deferred tax expense" } } }, "localname": "DeferredIncomeTaxExpenseBenefit", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense": { "auth_ref": [ "r68", "r287", "r313", "r321", "r322", "r324", "r332" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfOperations": { "order": 4.0, "parentTag": "us-gaap_BenefitsLossesAndExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of amortization expense (reversal of expense) for deferred policy acquisition costs.", "label": "Deferred Policy Acquisition Costs, Amortization Expense", "terseLabel": "Amortization of deferred policy acquisition costs" } } }, "localname": "DeferredPolicyAcquisitionCostAmortizationExpense", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredPolicyAcquisitionCosts": { "auth_ref": [ "r301", "r322", "r323", "r324", "r332", "r346" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 9.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of deferred policy acquisition cost capitalized on contract remaining in force.", "label": "Deferred Policy Acquisition Cost", "terseLabel": "Deferred insurance policy acquisition costs" } } }, "localname": "DeferredPolicyAcquisitionCosts", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses": { "auth_ref": [ "r173", "r183", "r186" ], "calculation": { "http://www.mgic.com/role/BenefitPlansDetails": { "order": 4.0, "parentTag": "mtg_DefinedBenefitPlanNetPeriodicBenefitCostBeforeCostOfSettlementsAndCurtailments", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of gain (loss) recognized in net periodic benefit (cost) credit of defined benefit plan.", "label": "Defined Benefit Plan, Amortization of Gain (Loss)", "negatedLabel": "Amortization of net actuarial losses/(gains)" } } }, "localname": "DefinedBenefitPlanAmortizationOfGainsLosses", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/BenefitPlansDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit": { "auth_ref": [ "r174", "r184", "r186" ], "calculation": { "http://www.mgic.com/role/BenefitPlansDetails": { "order": 5.0, "parentTag": "mtg_DefinedBenefitPlanNetPeriodicBenefitCostBeforeCostOfSettlementsAndCurtailments", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of prior service cost (credit) recognized in net periodic benefit cost (credit) of defined benefit plan.", "label": "Defined Benefit Plan, Amortization of Prior Service Cost (Credit)", "terseLabel": "Amortization of prior service cost/(credit)" } } }, "localname": "DefinedBenefitPlanAmortizationOfPriorServiceCostCredit", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/BenefitPlansDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DefinedBenefitPlanExpectedFutureEmployerContributionsCurrentFiscalYear": { "auth_ref": [ "r185" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of contributions received and expected to be received by defined benefit plan from employer in current fiscal year.", "label": "Defined Benefit Plan, Expected Future Employer Contributions, Current Fiscal Year", "terseLabel": "Estimated employer contributions in current fiscal year" } } }, "localname": "DefinedBenefitPlanExpectedFutureEmployerContributionsCurrentFiscalYear", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/BenefitPlansDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets": { "auth_ref": [ "r172", "r182", "r186" ], "calculation": { "http://www.mgic.com/role/BenefitPlansDetails": { "order": 3.0, "parentTag": "mtg_DefinedBenefitPlanNetPeriodicBenefitCostBeforeCostOfSettlementsAndCurtailments", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of expected return (loss) recognized in net periodic benefit (cost) credit, calculated based on expected long-term rate of return and market-related value of plan assets of defined benefit plan.", "label": "Defined Benefit Plan, Expected Return (Loss) on Plan Assets", "negatedLabel": "Expected return on plan assets" } } }, "localname": "DefinedBenefitPlanExpectedReturnOnPlanAssets", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/BenefitPlansDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DefinedBenefitPlanInterestCost": { "auth_ref": [ "r166", "r171", "r181", "r186" ], "calculation": { "http://www.mgic.com/role/BenefitPlansDetails": { "order": 2.0, "parentTag": "mtg_DefinedBenefitPlanNetPeriodicBenefitCostBeforeCostOfSettlementsAndCurtailments", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cost recognized for passage of time related to defined benefit plan.", "label": "Defined Benefit Plan, Interest Cost", "terseLabel": "Interest cost" } } }, "localname": "DefinedBenefitPlanInterestCost", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/BenefitPlansDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]", "terseLabel": "Components of Net Periodic Benefit Cost [Abstract]" } } }, "localname": "DefinedBenefitPlanNetPeriodicBenefitCostAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/BenefitPlansDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DefinedBenefitPlanServiceCost": { "auth_ref": [ "r165", "r170", "r180", "r186" ], "calculation": { "http://www.mgic.com/role/BenefitPlansDetails": { "order": 1.0, "parentTag": "mtg_DefinedBenefitPlanNetPeriodicBenefitCostBeforeCostOfSettlementsAndCurtailments", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cost for actuarial present value of benefits attributed to service rendered by employee for defined benefit plan.", "label": "Defined Benefit Plan, Service Cost", "verboseLabel": "Service cost" } } }, "localname": "DefinedBenefitPlanServiceCost", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/BenefitPlansDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DefinedBenefitPlansAndOtherPostretirementBenefitPlansDisclosuresTable": { "auth_ref": [ "r176", "r177", "r178", "r179", "r186" ], "lang": { "en-US": { "role": { "documentation": "Disclosures and provisions pertaining to defined benefit pension plans or other postretirement defined benefit plans. The arrangements are generally based on terms and conditions stipulated by the entity, and which contain a promise by the employer to pay certain amounts or awards at designated future dates, including a period after retirement, upon compliance with stipulated requirements. Excludes disclosures pertaining to defined contribution plans.", "label": "Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Table]", "terseLabel": "Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Table]" } } }, "localname": "DefinedBenefitPlansAndOtherPostretirementBenefitPlansDisclosuresTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/BenefitPlansDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DefinedBenefitPlansAndOtherPostretirementBenefitPlansTableTextBlockLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]", "terseLabel": "Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]" } } }, "localname": "DefinedBenefitPlansAndOtherPostretirementBenefitPlansTableTextBlockLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/BenefitPlansDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DepreciationAmortizationAndAccretionNet": { "auth_ref": [ "r68" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 2.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The aggregate net amount of depreciation, amortization, and accretion recognized during an accounting period. As a noncash item, the net amount is added back to net income when calculating cash provided by or used in operations using the indirect method.", "label": "Depreciation, Amortization and Accretion, Net", "terseLabel": "Depreciation and amortization" } } }, "localname": "DepreciationAmortizationAndAccretionNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_DescriptionOfRegulatoryCapitalRequirementsUnderInsuranceRegulations": { "auth_ref": [ "r335" ], "lang": { "en-US": { "role": { "documentation": "For insurance companies, a description of the minimum regulatory capital requirements imposed by state insurance regulators, and restrictions on dividend payments.", "label": "Description of Regulatory Capital Requirements under Insurance Regulations", "terseLabel": "Maximum permitted risk-to-capital ratio commonly applied" } } }, "localname": "DescriptionOfRegulatoryCapitalRequirementsUnderInsuranceRegulations", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/StatutoryInformationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DilutiveSecurities": { "auth_ref": [ "r91" ], "calculation": { "http://www.mgic.com/role/EarningsPerShareDetails": { "order": 2.0, "parentTag": "us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of increase (decrease) to net income used for calculating diluted earnings per share (EPS), resulting from the assumed exercise stock options, restrictive stock units (RSUs), convertible preferred stock of an employee stock ownership plan (ESOP), and other dilutive convertible securities.", "label": "Dilutive Securities, Effect on Basic Earnings Per Share", "terseLabel": "Dilutive securities" } } }, "localname": "DilutiveSecurities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/EarningsPerShareDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DilutiveSecuritiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Dilutive Securities, Effect on Basic Earnings Per Share [Abstract]", "terseLabel": "Effect of dilutive securities:" } } }, "localname": "DilutiveSecuritiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/EarningsPerShareDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DirectPremiumsEarned": { "auth_ref": [ "r309", "r318", "r338", "r341" ], "calculation": { "http://www.mgic.com/role/ReinsuranceSummaryOfPremiumsEarnedAndLossesIncurredDetails": { "order": 1.0, "parentTag": "us-gaap_PremiumsEarnedNetPropertyAndCasualty", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, before premiums ceded to other entities and premiums assumed by the entity, of premiums earned.", "label": "Direct Premiums Earned", "terseLabel": "Direct" } } }, "localname": "DirectPremiumsEarned", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ReinsuranceSummaryOfPremiumsEarnedAndLossesIncurredDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DirectPremiumsWritten": { "auth_ref": [ "r338" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfOperations": { "order": 1.0, "parentTag": "us-gaap_PremiumsWrittenNet", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, before premiums ceded to other entities and premiums assumed by the entity, of premiums written.", "label": "Direct Premiums Written", "terseLabel": "Direct" } } }, "localname": "DirectPremiumsWritten", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock": { "auth_ref": [ "r204" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for share-based payment arrangement.", "label": "Share-based Payment Arrangement [Text Block]", "terseLabel": "Share-Based Compensation" } } }, "localname": "DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareBasedCompensation" ], "xbrltype": "textBlockItemType" }, "us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Share-based Payment Arrangement [Abstract]" } } }, "localname": "DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_DividendsCash": { "auth_ref": [ "r159", "r279" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of paid and unpaid cash dividends declared for classes of stock, for example, but not limited to, common and preferred.", "label": "Dividends, Cash", "negatedTerseLabel": "Cash dividends" } } }, "localname": "DividendsCash", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfShareholdersEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_EarningsPerShareAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Earnings Per Share [Abstract]", "verboseLabel": "Earnings per share:" } } }, "localname": "EarningsPerShareAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations" ], "xbrltype": "stringItemType" }, "us-gaap_EarningsPerShareBasic": { "auth_ref": [ "r54", "r80", "r85", "r87", "r88", "r89", "r92", "r271", "r311" ], "lang": { "en-US": { "role": { "documentation": "The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.", "label": "Earnings Per Share, Basic", "terseLabel": "Basic earnings per share (in dollars per share)", "verboseLabel": "Basic (in dollars per share)" } } }, "localname": "EarningsPerShareBasic", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations", "http://www.mgic.com/role/EarningsPerShareDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_EarningsPerShareBasicAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Earnings Per Share, Basic [Abstract]", "terseLabel": "Basic earnings per share:" } } }, "localname": "EarningsPerShareBasicAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/EarningsPerShareDetails" ], "xbrltype": "stringItemType" }, "us-gaap_EarningsPerShareDiluted": { "auth_ref": [ "r54", "r80", "r85", "r87", "r88", "r89", "r92", "r271", "r311" ], "lang": { "en-US": { "role": { "documentation": "The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.", "label": "Earnings Per Share, Diluted", "terseLabel": "Diluted earnings per share (in dollars per share)", "verboseLabel": "Diluted (in dollars per share)" } } }, "localname": "EarningsPerShareDiluted", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations", "http://www.mgic.com/role/EarningsPerShareDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_EarningsPerShareDilutedAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Earnings Per Share, Diluted [Abstract]", "terseLabel": "Diluted earnings per share:" } } }, "localname": "EarningsPerShareDilutedAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/EarningsPerShareDetails" ], "xbrltype": "stringItemType" }, "us-gaap_EarningsPerShareTextBlock": { "auth_ref": [ "r93" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for earnings per share.", "label": "Earnings Per Share [Text Block]", "verboseLabel": "Earnings per Share" } } }, "localname": "EarningsPerShareTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/EarningsPerShare" ], "xbrltype": "textBlockItemType" }, "us-gaap_EffectiveIncomeTaxRateContinuingOperations": { "auth_ref": [ "r78", "r207", "r208" ], "lang": { "en-US": { "role": { "documentation": "Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.", "label": "Effective Income Tax Rate Reconciliation, Percent", "terseLabel": "Effective income tax rate" } } }, "localname": "EffectiveIncomeTaxRateContinuingOperations", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/EarningsPerShareDetails" ], "xbrltype": "percentItemType" }, "us-gaap_EffectsOfReinsuranceLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Effects of Reinsurance [Line Items]", "terseLabel": "Effects of Reinsurance [Line Items]" } } }, "localname": "EffectsOfReinsuranceLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ReinsuranceNarrativeDetails", "http://www.mgic.com/role/ReinsuranceSummaryOfQuotaReinsuranceArrangementsDetails", "http://www.mgic.com/role/ReinsuranceVariableInterestEntityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_EffectsOfReinsuranceTable": { "auth_ref": [ "r343" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of information about the effects of reinsurance, including, but not limited to, disclosure of direct, assumed, and ceded insurance.", "label": "Effects of Reinsurance [Table]", "terseLabel": "Effects of Reinsurance [Table]" } } }, "localname": "EffectsOfReinsuranceTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ReinsuranceNarrativeDetails", "http://www.mgic.com/role/ReinsuranceSummaryOfQuotaReinsuranceArrangementsDetails", "http://www.mgic.com/role/ReinsuranceVariableInterestEntityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_EffectsOfReinsuranceTableTextBlock": { "auth_ref": [ "r343" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the effects of reinsurance, for example, but not limited to, disclosure of direct, assumed, and ceded insurance.", "label": "Effects of Reinsurance [Table Text Block]", "terseLabel": "Effect of reinsurance agreement" } } }, "localname": "EffectsOfReinsuranceTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ReinsuranceTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_EquityComponentDomain": { "auth_ref": [ "r151" ], "lang": { "en-US": { "role": { "documentation": "Components of equity are the parts of the total Equity balance including that which is allocated to common, preferred, treasury stock, retained earnings, etc.", "label": "Equity Component [Domain]", "terseLabel": "Equity Component [Domain]" } } }, "localname": "EquityComponentDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfShareholdersEquity", "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_EquitySecuritiesFvNi": { "auth_ref": [ "r240" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_Investments", "weight": 1.0 }, "http://www.mgic.com/role/FairValueMeasurementsDetails": { "order": 2.0, "parentTag": "us-gaap_AssetsFairValueDisclosure", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI).", "label": "Equity Securities, FV-NI", "terseLabel": "Equity securities, at fair value (cost 2019 - $17,205; 2018 - $3,993)", "verboseLabel": "Fair Value" } } }, "localname": "EquitySecuritiesFvNi", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets", "http://www.mgic.com/role/FairValueMeasurementsDetails", "http://www.mgic.com/role/InvestmentsEquitySecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_EquitySecuritiesFvNiCost": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Cost of investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI). Excludes equity method investment and investment in equity security without readily determinable fair value.", "label": "Equity Securities, FV-NI, Cost", "terseLabel": "Cost" } } }, "localname": "EquitySecuritiesFvNiCost", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheetsParenthetical", "http://www.mgic.com/role/InvestmentsEquitySecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_EquitySecuritiesFvNiGainLossAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Equity Securities, FV-NI, Gain (Loss) [Abstract]", "terseLabel": "Equity Securities, FV-NI, Gain (Loss) [Abstract]" } } }, "localname": "EquitySecuritiesFvNiGainLossAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsEquitySecuritiesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_EquitySecuritiesFvNiUnrealizedGain": { "auth_ref": [ "r124" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of unrealized gain on investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI).", "label": "Equity Securities, FV-NI, Unrealized Gain", "terseLabel": "Gross Gains" } } }, "localname": "EquitySecuritiesFvNiUnrealizedGain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsEquitySecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_EquitySecuritiesFvNiUnrealizedGainLoss": { "auth_ref": [ "r124" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of unrealized gain (loss) on investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI).", "label": "Equity Securities, FV-NI, Unrealized Gain (Loss)", "terseLabel": "Recognized net gains (losses) on equity securities still held" } } }, "localname": "EquitySecuritiesFvNiUnrealizedGainLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsEquitySecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_EquitySecuritiesFvNiUnrealizedLoss": { "auth_ref": [ "r124" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of unrealized loss on investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI).", "label": "Equity Securities, FV-NI, Unrealized Loss", "negatedLabel": "Gross Losses" } } }, "localname": "EquitySecuritiesFvNiUnrealizedLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsEquitySecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_EquitySecuritiesMember": { "auth_ref": [ "r3", "r8", "r123", "r265", "r292", "r350" ], "lang": { "en-US": { "role": { "documentation": "Ownership interest or right to acquire or dispose of ownership interest in corporations and other legal entities for which ownership interest is represented by shares of common or preferred stock, convertible securities, stock rights, or stock warrants.", "label": "Equity Securities [Member]", "terseLabel": "Equity securities" } } }, "localname": "EquitySecuritiesMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsDetails", "http://www.mgic.com/role/FairValueMeasurementsUnobservableInputReconciliationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_EstimateOfFairValueFairValueDisclosureMember": { "auth_ref": [ "r242" ], "lang": { "en-US": { "role": { "documentation": "Measured as an estimate of fair value.", "label": "Estimate of Fair Value Measurement [Member]", "terseLabel": "Fair Value" } } }, "localname": "EstimateOfFairValueFairValueDisclosureMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]", "terseLabel": "Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]" } } }, "localname": "FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails", "http://www.mgic.com/role/FairValueMeasurementsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable": { "auth_ref": [ "r230", "r231", "r232", "r238" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of information about asset and liability measured at fair value on recurring and nonrecurring basis.", "label": "Fair Value, Recurring and Nonrecurring [Table]", "terseLabel": "Fair Value, Recurring and Nonrecurring [Table]" } } }, "localname": "FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails", "http://www.mgic.com/role/FairValueMeasurementsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock": { "auth_ref": [ "r230", "r231" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).", "label": "Fair Value, Assets Measured on Recurring Basis [Table Text Block]", "terseLabel": "Fair value measurements for items measured at fair value" } } }, "localname": "FairValueAssetsMeasuredOnRecurringBasisTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain": { "auth_ref": [ "r233" ], "lang": { "en-US": { "role": { "documentation": "Class of asset.", "label": "Asset Class [Domain]", "terseLabel": "Asset Class [Domain]" } } }, "localname": "FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsUnobservableInputReconciliationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]", "terseLabel": "Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]" } } }, "localname": "FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsUnobservableInputReconciliationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]", "terseLabel": "Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]" } } }, "localname": "FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsUnobservableInputReconciliationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable": { "auth_ref": [ "r233", "r238" ], "lang": { "en-US": { "role": { "documentation": "Schedule of information required and determined to be provided for purposes of reconciling beginning and ending balances of fair value measurements of assets using significant unobservable inputs (level 3). Such reconciliation, separately presenting changes during the period, at a minimum, may include, but is not limited to: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income, and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.", "label": "Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table]", "terseLabel": "Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table]" } } }, "localname": "FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsUnobservableInputReconciliationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock": { "auth_ref": [ "r233", "r238" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.", "label": "Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]", "terseLabel": "Reconciliation of beginning and ending balance for assets and liabilities measured at fair value with significant unobservable inputs (level 3)" } } }, "localname": "FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_FairValueByAssetClassAxis": { "auth_ref": [ "r230", "r238" ], "lang": { "en-US": { "role": { "documentation": "Information by class of asset.", "label": "Asset Class [Axis]", "terseLabel": "Asset Class [Axis]" } } }, "localname": "FairValueByAssetClassAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsUnobservableInputReconciliationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueByBalanceSheetGroupingTextBlock": { "auth_ref": [ "r230", "r243" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.", "label": "Fair Value, by Balance Sheet Grouping [Table Text Block]", "verboseLabel": "Carrying value and fair value of financial assets and liabilities" } } }, "localname": "FairValueByBalanceSheetGroupingTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_FairValueByFairValueHierarchyLevelAxis": { "auth_ref": [ "r167", "r168", "r186", "r231", "r252" ], "lang": { "en-US": { "role": { "documentation": "Information by level within fair value hierarchy and fair value measured at net asset value per share as practical expedient.", "label": "Fair Value Hierarchy and NAV [Axis]", "terseLabel": "Fair Value Hierarchy and NAV [Axis]" } } }, "localname": "FairValueByFairValueHierarchyLevelAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails", "http://www.mgic.com/role/FairValueMeasurementsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueByMeasurementBasisAxis": { "auth_ref": [ "r230", "r239" ], "lang": { "en-US": { "role": { "documentation": "Information by measurement basis.", "label": "Measurement Basis [Axis]", "terseLabel": "Measurement Basis [Axis]" } } }, "localname": "FairValueByMeasurementBasisAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueDisclosureItemAmountsDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Measurement basis, for example, but not limited to, reported value, fair value, portion at fair value, portion at other than fair value.", "label": "Fair Value Measurement [Domain]", "terseLabel": "Fair Value Measurement [Domain]" } } }, "localname": "FairValueDisclosureItemAmountsDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueDisclosuresAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Fair Value Disclosures [Abstract]" } } }, "localname": "FairValueDisclosuresAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_FairValueDisclosuresTextBlock": { "auth_ref": [ "r237" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.", "label": "Fair Value Disclosures [Text Block]", "terseLabel": "Fair Value Measurements" } } }, "localname": "FairValueDisclosuresTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurements" ], "xbrltype": "textBlockItemType" }, "us-gaap_FairValueInputsLevel1Member": { "auth_ref": [ "r167", "r168", "r186", "r231", "r253" ], "lang": { "en-US": { "role": { "documentation": "Quoted prices in active markets for identical assets or liabilities that the reporting entity can access at the measurement date.", "label": "Fair Value, Inputs, Level 1 [Member]", "terseLabel": "Quoted Prices in Active Markets for Identical Assets (Level 1)" } } }, "localname": "FairValueInputsLevel1Member", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueInputsLevel2Member": { "auth_ref": [ "r167", "r168", "r186", "r231", "r254" ], "lang": { "en-US": { "role": { "documentation": "Inputs other than quoted prices included within level 1 that are observable for an asset or liability, either directly or indirectly, including, but not limited to, quoted prices for similar assets or liabilities in active markets, or quoted prices for identical or similar assets or liabilities in inactive markets.", "label": "Fair Value, Inputs, Level 2 [Member]", "terseLabel": "Significant Other Observable Inputs (Level 2)" } } }, "localname": "FairValueInputsLevel2Member", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails", "http://www.mgic.com/role/FairValueMeasurementsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueInputsLevel3Member": { "auth_ref": [ "r167", "r168", "r186", "r231", "r255" ], "lang": { "en-US": { "role": { "documentation": "Unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.", "label": "Fair Value, Inputs, Level 3 [Member]", "terseLabel": "Significant Unobservable Inputs (Level 3)" } } }, "localname": "FairValueInputsLevel3Member", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisSubordinatedDebtObligations": { "auth_ref": [ "r230", "r231" ], "calculation": { "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails": { "order": 2.0, "parentTag": "us-gaap_DebtInstrumentFairValue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Fair value of subordinated debt obligations including, but not limited to, subordinated loan, subordinated bond, subordinated debenture or junior debt.", "label": "Subordinated Debt Obligations, Fair Value Disclosure", "verboseLabel": "9% Convertible Junior Subordinated Debentures" } } }, "localname": "FairValueLiabilitiesMeasuredOnRecurringBasisSubordinatedDebtObligations", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1": { "auth_ref": [ "r234" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of gain (loss) recognized in income from asset measured at fair value on recurring basis using unobservable input (level 3).", "label": "Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings", "terseLabel": "Included in earnings and reported as net realized investment gains" } } }, "localname": "FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsUnobservableInputReconciliationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases": { "auth_ref": [ "r235" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of purchases of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.", "label": "Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases", "terseLabel": "Purchases" } } }, "localname": "FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsUnobservableInputReconciliationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales": { "auth_ref": [ "r235" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of sale of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.", "label": "Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales", "negatedLabel": "Sales" } } }, "localname": "FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsUnobservableInputReconciliationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3": { "auth_ref": [ "r236" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of transfers of financial instrument classified as an asset out of level 3 of the fair value hierarchy.", "label": "Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3", "negatedTerseLabel": "Transfers out of Level 3" } } }, "localname": "FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsUnobservableInputReconciliationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue": { "auth_ref": [ "r233" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Fair value of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.", "label": "Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value", "periodEndLabel": "Balance at end of period", "periodStartLabel": "Balance at beginning of period" } } }, "localname": "FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsUnobservableInputReconciliationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_FairValueMeasurementsFairValueHierarchyDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Categories used to prioritize the inputs to valuation techniques to measure fair value.", "label": "Fair Value Hierarchy and NAV [Domain]", "terseLabel": "Fair Value Hierarchy and NAV [Domain]" } } }, "localname": "FairValueMeasurementsFairValueHierarchyDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails", "http://www.mgic.com/role/FairValueMeasurementsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfAdvancesByBranch": { "auth_ref": [ "r280" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of advances from the Federal Home Loan Bank (FHLB).", "label": "Federal Home Loan Bank, Advances, Branch of FHLB Bank, Amount of Advances", "terseLabel": "Federal Home Loan Bank advance" } } }, "localname": "FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfAdvancesByBranch", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1": { "auth_ref": [ "r280", "r281" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of the collateral pledged in support of federal home loan bank advances outstanding.", "label": "Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged", "terseLabel": "FHLB advance collateral" } } }, "localname": "FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_FederalHomeLoanBankAdvancesMember": { "auth_ref": [ "r266" ], "lang": { "en-US": { "role": { "documentation": "Borrowings from the Federal Home Loan Bank, which are primarily used to cover shortages in the required reserve balance and also in times of liquidity shortages. The member institution executes a promissory note, which is generally collateralized by government securities to the Federal Reserve or loans.", "label": "Federal Home Loan Bank Advances [Member]", "terseLabel": "Federal Home Loan Bank Advances (FHLB)" } } }, "localname": "FederalHomeLoanBankAdvancesMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/DebtSummaryOfDebtObligationsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FinancialInstrumentAxis": { "auth_ref": [ "r125", "r126", "r127", "r128", "r129", "r134", "r136", "r137", "r138" ], "lang": { "en-US": { "role": { "documentation": "Information by type of financial instrument.", "label": "Financial Instrument [Axis]", "terseLabel": "Financial Instrument [Axis]" } } }, "localname": "FinancialInstrumentAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsDetails", "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails", "http://www.mgic.com/role/InvestmentsDetails", "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails" ], "xbrltype": "stringItemType" }, "us-gaap_GainLossOnInvestments": { "auth_ref": [ "r55", "r68", "r102" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 4.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 }, "http://www.mgic.com/role/ConsolidatedStatementsOfOperations": { "order": 4.0, "parentTag": "us-gaap_Revenues", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of realized and unrealized gain (loss) on investment.", "label": "Gain (Loss) on Investments", "negatedTerseLabel": "Net realized investment (gains) losses", "terseLabel": "Net realized investment gains (losses)" } } }, "localname": "GainLossOnInvestments", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows", "http://www.mgic.com/role/ConsolidatedStatementsOfOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments": { "auth_ref": [ "r77" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfOperations": { "order": 1.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments.", "label": "Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest", "terseLabel": "Income before tax", "totalLabel": "Income before tax" } } }, "localname": "IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations", "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeStatementAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Income Statement [Abstract]" } } }, "localname": "IncomeStatementAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_IncomeTaxExpenseBenefit": { "auth_ref": [ "r74", "r96", "r216" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfOperations": { "order": 2.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.", "label": "Income Tax Expense (Benefit)", "negatedLabel": "Income tax (expense) benefit", "verboseLabel": "Provision for income taxes" } } }, "localname": "IncomeTaxExpenseBenefit", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations", "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeTaxPolicyTextBlock": { "auth_ref": [ "r50", "r73", "r205", "r206", "r209", "r210", "r212", "r218", "r352" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements.", "label": "Income Tax, Policy [Policy Text Block]", "terseLabel": "Income taxes" } } }, "localname": "IncomeTaxPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/SignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_IncreaseDecreaseInAccruedInvestmentIncomeReceivable": { "auth_ref": [ "r67" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 5.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The increase (decrease) during the reporting period in investment income that has been earned but not yet received in cash.", "label": "Increase (Decrease) in Accrued Investment Income Receivable", "negatedLabel": "Accrued investment income" } } }, "localname": "IncreaseDecreaseInAccruedInvestmentIncomeReceivable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet": { "auth_ref": [ "r67" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 4.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The increase (decrease) during the reporting period in receivables or payables that result from buying and selling securities for the firm's own account or from acting as an agent or intermediary in the sale of securities.", "label": "Increase (Decrease) in Broker-Dealer Related Receivables (Payables), Net", "negatedTerseLabel": "Net increase in payable for securities" } } }, "localname": "IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts": { "auth_ref": [ "r67" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 9.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The increase (decrease) during the reporting period in the balance sheet value of capitalized sales costs that are associated with acquiring a new insurance customers.", "label": "Increase (Decrease) in Deferred Policy Acquisition Costs", "negatedLabel": "Deferred insurance policy acquisition costs" } } }, "localname": "IncreaseDecreaseInDeferredPolicyAcquisitionCosts", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable": { "auth_ref": [ "r67" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 14.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The increase (decrease) during the reporting period in the amounts payable to taxing authorities for taxes that are based on the reporting entity's earnings, net of amounts receivable from taxing authorities for refunds of overpayments or recoveries of income taxes.", "label": "Increase (Decrease) in Income Taxes Payable, Net of Income Taxes Receivable", "terseLabel": "Current income taxes" } } }, "localname": "IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve": { "auth_ref": [ "r67" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 11.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of increase (decrease) in liability to reflect the estimated ultimate cost of settling claims relating to insured events that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date.", "label": "Increase (Decrease) in Liability for Claims and Claims Adjustment Expense Reserve", "terseLabel": "Loss reserves" } } }, "localname": "IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInOperatingCapitalAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Increase (Decrease) in Operating Capital [Abstract]", "terseLabel": "Change in certain assets and liabilities:" } } }, "localname": "IncreaseDecreaseInOperatingCapitalAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_IncreaseDecreaseInOtherInsuranceLiabilities": { "auth_ref": [ "r67" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 13.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of increase (decrease) in insurance liabilities classified as other.", "label": "Increase (Decrease) in Other Insurance Liabilities", "verboseLabel": "Return premium accrual" } } }, "localname": "IncreaseDecreaseInOtherInsuranceLiabilities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet": { "auth_ref": [ "r67" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 15.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of increase (decrease) in operating assets after deduction of operating liabilities classified as other.", "label": "Increase (Decrease) in Other Operating Assets and Liabilities, Net", "negatedTerseLabel": "Other, net" } } }, "localname": "IncreaseDecreaseInOtherOperatingCapitalNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInPremiumsReceivable": { "auth_ref": [ "r67" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 8.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The change in the premium receivable balance on the balance sheet.", "label": "Increase (Decrease) in Premiums Receivable", "negatedLabel": "Premium receivable" } } }, "localname": "IncreaseDecreaseInPremiumsReceivable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInReinsuranceRecoverable": { "auth_ref": [ "r67" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 6.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The increase (decrease) during the reporting period in the amount of benefits the ceding insurer expects to recover on insurance policies ceded to other insurance entities as of the balance sheet date for all guaranteed benefit types.", "label": "Increase (Decrease) in Reinsurance Recoverable", "negatedLabel": "Reinsurance recoverable on loss reserves" } } }, "localname": "IncreaseDecreaseInReinsuranceRecoverable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInStockholdersEquityRollForward": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "Increase (Decrease) in Stockholders' Equity [Roll Forward]", "terseLabel": "Increase (Decrease) in Stockholders' Equity [Roll Forward]" } } }, "localname": "IncreaseDecreaseInStockholdersEquityRollForward", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfShareholdersEquity" ], "xbrltype": "stringItemType" }, "us-gaap_IncreaseDecreaseInUnearnedPremiums": { "auth_ref": [ "r67" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 12.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of increase (decrease) unearned premiums written. Excludes portion of unearned premiums amortized into income.", "label": "Increase (Decrease) in Unearned Premiums", "terseLabel": "Unearned premiums" } } }, "localname": "IncreaseDecreaseInUnearnedPremiums", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInUnearnedPremiumsNet": { "auth_ref": [], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfOperations": { "order": 2.0, "parentTag": "us-gaap_PremiumsEarnedNetPropertyAndCasualty", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, after premiums ceded to other entities and premiums assumed by the entity, of decrease (increase) in unearned premiums.", "label": "(Increase) Decrease in Unearned Premiums, Net", "verboseLabel": "Decrease (increase) in unearned premiums, net" } } }, "localname": "IncreaseDecreaseInUnearnedPremiumsNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements": { "auth_ref": [ "r86", "r91" ], "calculation": { "http://www.mgic.com/role/EarningsPerShareDetails": { "order": 2.0, "parentTag": "us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding", "weight": 1.0 } }, "lang": { "en-US": { "role": { "documentation": "Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method.", "label": "Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements", "terseLabel": "Unvested RSUs (in shares)" } } }, "localname": "IncrementalCommonSharesAttributableToShareBasedPaymentArrangements", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/EarningsPerShareDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_IncurredClaimsPropertyCasualtyAndLiability": { "auth_ref": [ "r315" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfOperations": { "order": 1.0, "parentTag": "us-gaap_BenefitsLossesAndExpenses", "weight": 1.0 }, "http://www.mgic.com/role/ReinsuranceSummaryOfPremiumsEarnedAndLossesIncurredDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount, after effect of policies assumed or ceded, of expense related to provision for policy benefits and costs incurred for property and casualty insurance contracts.", "label": "Policyholder Benefits and Claims Incurred, Net, Property, Casualty and Liability", "terseLabel": "Losses incurred, net", "totalLabel": "Losses incurred, net" } } }, "localname": "IncurredClaimsPropertyCasualtyAndLiability", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations", "http://www.mgic.com/role/ReinsuranceSummaryOfPremiumsEarnedAndLossesIncurredDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_InsuranceLossReservesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Insurance Loss Reserves [Abstract]" } } }, "localname": "InsuranceLossReservesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_InterestExpenseDebt": { "auth_ref": [ "r56", "r146" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfOperations": { "order": 2.0, "parentTag": "us-gaap_BenefitsLossesAndExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of the cost of borrowed funds accounted for as interest expense for debt.", "label": "Interest Expense, Debt", "terseLabel": "Interest expense" } } }, "localname": "InterestExpenseDebt", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_InterestPaid": { "auth_ref": [ "r71" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of cash paid for interest, including, but not limited to, capitalized interest and payment to settle zero-coupon bond attributable to accreted interest of debt discount and debt instrument with insignificant coupon interest rate in relation to effective interest rate of borrowing attributable to accreted interest of debt discount; classified as operating and investing activities.", "label": "Interest Paid, Including Capitalized Interest, Operating and Investing Activities", "terseLabel": "Total interest payments" } } }, "localname": "InterestPaid", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/DebtNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_Investments": { "auth_ref": [ "r307" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Sum of the carrying amounts as of the balance sheet date of all investments.", "label": "Investments", "totalLabel": "Total investment portfolio" } } }, "localname": "Investments", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_InvestmentsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Investments [Abstract]" } } }, "localname": "InvestmentsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments.", "label": "Investments Classified by Contractual Maturity Date [Table Text Block]", "terseLabel": "Amortized cost and fair values of fixed income securities by contractual maturity" } } }, "localname": "InvestmentsClassifiedByContractualMaturityDateTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock": { "auth_ref": [ "r123", "r257", "r278", "r351" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for investments in certain debt and equity securities.", "label": "Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]", "verboseLabel": "Investments" } } }, "localname": "InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/Investments" ], "xbrltype": "textBlockItemType" }, "us-gaap_InvestmentsMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Assets held for their financial return, rather than for the entity's operations.", "label": "Investments [Member]", "terseLabel": "Total Investments" } } }, "localname": "InvestmentsMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsUnobservableInputReconciliationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_LegalMattersAndContingenciesTextBlock": { "auth_ref": [ "r141" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for legal proceedings, legal contingencies, litigation, regulatory and environmental matters and other contingencies.", "label": "Legal Matters and Contingencies [Text Block]", "verboseLabel": "Litigation and Contingencies" } } }, "localname": "LegalMattersAndContingenciesTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/LitigationAndContingencies" ], "xbrltype": "textBlockItemType" }, "us-gaap_Liabilities": { "auth_ref": [ "r23" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.", "label": "Liabilities", "totalLabel": "Total liabilities" } } }, "localname": "Liabilities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilitiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Liabilities [Abstract]", "terseLabel": "Liabilities:" } } }, "localname": "LiabilitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_LiabilitiesAndStockholdersEquity": { "auth_ref": [ "r18", "r263", "r299" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any.", "label": "Liabilities and Equity", "totalLabel": "Total liabilities and shareholders\u2019 equity" } } }, "localname": "LiabilitiesAndStockholdersEquity", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilitiesAndStockholdersEquityAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Liabilities and Equity [Abstract]", "terseLabel": "LIABILITIES AND SHAREHOLDERS\u2019 EQUITY" } } }, "localname": "LiabilitiesAndStockholdersEquityAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense": { "auth_ref": [ "r326", "r329" ], "calculation": { "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails": { "order": 1.0, "parentTag": "us-gaap_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The amount needed to reflect the estimated ultimate cost of settling claims relating to insured events that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date.", "label": "Liability for Claims and Claims Adjustment Expense", "periodEndLabel": "Reserve at end of period", "periodStartLabel": "Reserve at beginning of period" } } }, "localname": "LiabilityForClaimsAndClaimsAdjustmentExpense", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability": { "auth_ref": [ "r326", "r329" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The amount needed to reflect the estimated ultimate cost of settling claims relating to casualty insurance insured events that have occurred on or before a particular date (ordinarily, the balance sheet date) and the amount needed to provide for the estimated ultimate cost required to investigate and settle claims relating to insured events that have occurred on or before a particular date (ordinarily, the balance sheet date), whether or not reported to the insurer at that date.", "label": "Liability for Claims and Claims Adjustment Expense, Property Casualty Liability", "terseLabel": "Loss reserves" } } }, "localname": "LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock": { "auth_ref": [ "r334" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for liabilities related to future policy benefits and unpaid claims and claim adjustments.", "label": "Liability for Future Policy Benefits and Unpaid Claims Disclosure [Text Block]", "verboseLabel": "Loss Reserves" } } }, "localname": "LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/LossReserves" ], "xbrltype": "textBlockItemType" }, "us-gaap_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid [Abstract]", "verboseLabel": "Losses and LAE paid in respect of delinquency notices received in:" } } }, "localname": "LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1": { "auth_ref": [ "r328" ], "calculation": { "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails": { "order": 1.0, "parentTag": "us-gaap_PaymentsForLossesAndLossAdjustmentExpense", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, after effects of reinsurance, of payments to settle claims incurred in the current period and related claims settlement costs.", "label": "Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid, Current Year", "terseLabel": "Current year" } } }, "localname": "LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1": { "auth_ref": [ "r328" ], "calculation": { "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails": { "order": 2.0, "parentTag": "us-gaap_PaymentsForLossesAndLossAdjustmentExpense", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, after effects of reinsurance, of payments to settle claims incurred in prior periods and related claims settlement costs.", "label": "Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid, Prior Years", "terseLabel": "Prior years" } } }, "localname": "LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/LossReservesDetails", "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1": { "auth_ref": [ "r327" ], "calculation": { "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount, after effects of reinsurance, of expense (reversal of expense) for claims incurred and costs incurred in the claim settlement process.", "label": "Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims", "totalLabel": "Total losses incurred" } } }, "localname": "LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaimsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims [Abstract]", "terseLabel": "Losses and LAE incurred in respect of delinquency notices received in:" } } }, "localname": "LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaimsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet": { "auth_ref": [ "r290", "r326", "r329" ], "calculation": { "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Liability as of the balance sheet date for amounts representing estimated cost of settling unpaid claims under the terms of the underlying insurance policies, less estimated reinsurance recoveries on such claims. This includes an estimate for claims which have been incurred but not reported. Claim adjustment expenses represent the costs estimated to be incurred in the settlement of unpaid claims.", "label": "Liability for Unpaid Claims and Claims Adjustment Expense, Net", "periodEndLabel": "Net reserve at end of period", "periodStartLabel": "Net reserve at beginning of period" } } }, "localname": "LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity": { "auth_ref": [ "r21" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.", "label": "Line of Credit Facility, Maximum Borrowing Capacity", "terseLabel": "Line of credit facility, maximum borrowing capacity" } } }, "localname": "LineOfCreditFacilityMaximumBorrowingCapacity", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/DebtNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebt": { "auth_ref": [ "r10", "r144", "r262", "r296" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.", "label": "Long-term Debt", "terseLabel": "Long-term debt, carrying value" } } }, "localname": "LongTermDebt", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/DebtSummaryOfDebtObligationsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongtermDebtTypeAxis": { "auth_ref": [ "r26" ], "lang": { "en-US": { "role": { "documentation": "Information by type of long-term debt.", "label": "Long-term Debt, Type [Axis]", "terseLabel": "Long-term Debt, Type [Axis]" } } }, "localname": "LongtermDebtTypeAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/DebtNarrativeDetails", "http://www.mgic.com/role/DebtSummaryOfDebtObligationsDetails", "http://www.mgic.com/role/EarningsPerShareDetails", "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_LongtermDebtTypeDomain": { "auth_ref": [ "r26", "r142" ], "lang": { "en-US": { "role": { "documentation": "Type of long-term debt arrangement, such as notes, line of credit, commercial paper, asset-based financing, project financing, letter of credit financing. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the company, if longer.", "label": "Long-term Debt, Type [Domain]", "terseLabel": "Long-term Debt, Type [Domain]" } } }, "localname": "LongtermDebtTypeDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/DebtNarrativeDetails", "http://www.mgic.com/role/DebtSummaryOfDebtObligationsDetails", "http://www.mgic.com/role/EarningsPerShareDetails", "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_LossContingencyAccrualProvision": { "auth_ref": [ "r140" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount charged against operating income increasing loss contingency liability, after adjustments to reduce previously estimated charges.", "label": "Loss Contingency Accrual, Provision", "terseLabel": "Probable loss contingency accrual provision" } } }, "localname": "LossContingencyAccrualProvision", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/LitigationAndContingenciesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LossRatio": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Ratio of non-life losses and loss expenses to non-life net premiums earned.", "label": "Loss Ratio", "terseLabel": "Loss ratio threshold for profit commissions (as a percent)" } } }, "localname": "LossRatio", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ReinsuranceNarrativeDetails" ], "xbrltype": "percentItemType" }, "us-gaap_MovementInLiabilityForFuturePolicyBenefitsRollForward": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "Movement in Liability for Future Policy Benefits [Roll Forward]", "verboseLabel": "Loss Reserve [Roll Forward]" } } }, "localname": "MovementInLiabilityForFuturePolicyBenefitsRollForward", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_NetCashProvidedByUsedInFinancingActivities": { "auth_ref": [ "r64" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 3.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.", "label": "Net Cash Provided by (Used in) Financing Activities", "totalLabel": "Net cash used in financing activities" } } }, "localname": "NetCashProvidedByUsedInFinancingActivities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Net Cash Provided by (Used in) Financing Activities, Continuing Operations [Abstract]", "terseLabel": "Cash flows from financing activities:" } } }, "localname": "NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NetCashProvidedByUsedInInvestingActivities": { "auth_ref": [ "r64" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 2.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.", "label": "Net Cash Provided by (Used in) Investing Activities", "totalLabel": "Net cash used in investing activities" } } }, "localname": "NetCashProvidedByUsedInInvestingActivities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Net Cash Provided by (Used in) Investing Activities, Continuing Operations [Abstract]", "terseLabel": "Cash flows from investing activities:" } } }, "localname": "NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NetCashProvidedByUsedInOperatingActivities": { "auth_ref": [ "r64", "r66", "r69" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 1.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect", "weight": 1.0 } }, "lang": { "en-US": { "role": { "documentation": "Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.", "label": "Net Cash Provided by (Used in) Operating Activities", "totalLabel": "Net cash provided by operating activities" } } }, "localname": "NetCashProvidedByUsedInOperatingActivities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Net Cash Provided by (Used in) Operating Activities, Continuing Operations [Abstract]", "terseLabel": "Cash flows from operating activities:" } } }, "localname": "NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NetIncomeLoss": { "auth_ref": [ "r44", "r47", "r53", "r69", "r91", "r270", "r310" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 1.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 }, "http://www.mgic.com/role/ConsolidatedStatementsOfComprehensiveIncome": { "order": 1.0, "parentTag": "us-gaap_ComprehensiveIncomeNetOfTax", "weight": 1.0 }, "http://www.mgic.com/role/ConsolidatedStatementsOfOperations": { "order": null, "parentTag": null, "root": true, "weight": null }, "http://www.mgic.com/role/EarningsPerShareDetails": { "order": 1.0, "parentTag": "us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.", "label": "Net Income (Loss) Attributable to Parent", "terseLabel": "Net income", "totalLabel": "Net income" } } }, "localname": "NetIncomeLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows", "http://www.mgic.com/role/ConsolidatedStatementsOfComprehensiveIncome", "http://www.mgic.com/role/ConsolidatedStatementsOfOperations", "http://www.mgic.com/role/ConsolidatedStatementsOfShareholdersEquity", "http://www.mgic.com/role/EarningsPerShareDetails", "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted": { "auth_ref": [ "r83", "r84" ], "calculation": { "http://www.mgic.com/role/EarningsPerShareDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities, and addition from assumption of issuance of common shares for dilutive potential common shares; of income (loss) available to common shareholders.", "label": "Net Income (Loss) Available to Common Stockholders, Diluted", "totalLabel": "Diluted income available to common shareholders" } } }, "localname": "NetIncomeLossAvailableToCommonStockholdersDiluted", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/EarningsPerShareDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetInvestmentIncome": { "auth_ref": [ "r312" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfOperations": { "order": 2.0, "parentTag": "us-gaap_Revenues", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, after investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments.", "label": "Net Investment Income", "terseLabel": "Investment income, net of expenses" } } }, "localname": "NetInvestmentIncome", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetRealizedOrUnrealizedGainLossOnTradingSecuritiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Debt Securities, Trading, Gain (Loss) [Abstract]", "terseLabel": "Unrealized Gain (Loss) on Equity Securities [Abstract]" } } }, "localname": "NetRealizedOrUnrealizedGainLossOnTradingSecuritiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsEquitySecuritiesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "New Accounting Pronouncements and Changes in Accounting Principles [Abstract]" } } }, "localname": "NewAccountingPronouncementsAndChangesInAccountingPrinciplesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock": { "auth_ref": [ "r81" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.", "label": "New Accounting Pronouncements and Changes in Accounting Principles [Text Block]", "terseLabel": "Significant Accounting Policies" } } }, "localname": "NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/SignificantAccountingPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact.", "label": "New Accounting Pronouncements, Policy [Policy Text Block]", "terseLabel": "Prospective Accounting Standards" } } }, "localname": "NewAccountingPronouncementsPolicyPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/SignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_NoncatastrophicEventAxis": { "auth_ref": [ "r331" ], "lang": { "en-US": { "role": { "documentation": "Information by type of noncatastrophic event causing change in the insurer's provision.", "label": "Noncatastrophic Event [Axis]", "terseLabel": "Non Catastrophic Event [Axis]" } } }, "localname": "NoncatastrophicEventAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/LossReservesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_NoncatastrophicEventDomain": { "auth_ref": [ "r331" ], "lang": { "en-US": { "role": { "documentation": "Noncatastrophic event causing change in the insurer's provision.", "label": "Noncatastrophic Event [Domain]", "terseLabel": "Non Catastrophic Event [Domain]" } } }, "localname": "NoncatastrophicEventDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/LossReservesDetails" ], "xbrltype": "domainItemType" }, "us-gaap_NotesPayableFairValueDisclosure": { "auth_ref": [ "r22" ], "calculation": { "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails": { "order": 1.0, "parentTag": "us-gaap_DebtInstrumentFairValue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Fair value portion of notes payable.", "label": "Notes Payable, Fair Value Disclosure", "verboseLabel": "FHLB Advance" } } }, "localname": "NotesPayableFairValueDisclosure", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OciBeforeReclassificationsNetOfTaxAttributableToParent": { "auth_ref": [ "r42", "r51" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount after tax, before reclassification adjustments, of other comprehensive income (loss), attributable to parent.", "label": "OCI, before Reclassifications, Net of Tax, Attributable to Parent", "verboseLabel": "Other comprehensive income before reclassifications" } } }, "localname": "OciBeforeReclassificationsNetOfTaxAttributableToParent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeasesFutureMinimumPaymentsDue": { "auth_ref": [ "r249", "r250" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of required minimum rental payments for leases having an initial or remaining non-cancelable letter-terms in excess of one year.", "label": "Operating Leases, Future Minimum Payments Due", "terseLabel": "Minimum future operating lease payments" } } }, "localname": "OperatingLeasesFutureMinimumPaymentsDue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/SignificantAccountingPoliciesSignificantAccountingPoliciesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Organization, Consolidation and Presentation of Financial Statements [Abstract]" } } }, "localname": "OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock": { "auth_ref": [ "r0", "r229" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.", "label": "Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]", "terseLabel": "Nature of Business and Basis of Presentation" } } }, "localname": "OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/NatureOfBusinessAndBasisOfPresentation" ], "xbrltype": "textBlockItemType" }, "us-gaap_OtherAssets": { "auth_ref": [ "r6", "r259", "r293" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 11.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of assets classified as other.", "label": "Other Assets", "terseLabel": "Other assets" } } }, "localname": "OtherAssets", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherAssetsFairValueDisclosure": { "auth_ref": [], "calculation": { "http://www.mgic.com/role/FairValueMeasurementsDetails": { "order": 3.0, "parentTag": "us-gaap_AssetsFairValueDisclosure", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Fair value portion of other assets.", "label": "Other Assets, Fair Value Disclosure", "terseLabel": "Other" } } }, "localname": "OtherAssetsFairValueDisclosure", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent": { "auth_ref": [ "r219", "r220", "r221" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfComprehensiveIncome": { "order": 2.0, "parentTag": "us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount after tax and reclassification adjustments, of appreciation (loss) in value of unsold available-for-sale securities, attributable to parent entity. Excludes amounts related to other than temporary impairment (OTTI) loss.", "label": "Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax, Portion Attributable to Parent", "terseLabel": "Change in unrealized investment gains and losses" } } }, "localname": "OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent": { "auth_ref": [ "r37", "r39", "r219", "r221" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfComprehensiveIncome": { "order": 1.0, "parentTag": "us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount, after tax and reclassification adjustment, of (increase) decrease in accumulated other comprehensive income for defined benefit plan, attributable to parent.", "label": "Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax and Reclassification Adjustment, Attributable to Parent", "negatedTerseLabel": "Benefit plan adjustments" } } }, "localname": "OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent": { "auth_ref": [ "r219", "r220", "r221" ], "calculation": { "http://www.mgic.com/role/OtherComprehensiveIncomeDetails": { "order": 1.0, "parentTag": "us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount before tax of other comprehensive income (loss) attributable to parent entity.", "label": "Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent", "terseLabel": "Total other comprehensive income (loss)" } } }, "localname": "OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent": { "auth_ref": [ "r45", "r48", "r219", "r220", "r221" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfComprehensiveIncome": { "order": 2.0, "parentTag": "us-gaap_ComprehensiveIncomeNetOfTax", "weight": 1.0 }, "http://www.mgic.com/role/OtherComprehensiveIncomeDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount after tax of other comprehensive income (loss) attributable to parent entity.", "label": "Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent", "totalLabel": "Other comprehensive income (loss), net of tax", "verboseLabel": "Other comprehensive income (loss), net of tax" } } }, "localname": "OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfComprehensiveIncome", "http://www.mgic.com/role/ConsolidatedStatementsOfShareholdersEquity", "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent [Abstract]", "verboseLabel": "Other comprehensive income (loss), net of tax:" } } }, "localname": "OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "stringItemType" }, "us-gaap_OtherComprehensiveIncomeLossTax": { "auth_ref": [ "r40", "r215", "r217" ], "calculation": { "http://www.mgic.com/role/OtherComprehensiveIncomeDetails": { "order": 2.0, "parentTag": "us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of tax expense (benefit) allocated to other comprehensive income (loss).", "label": "Other Comprehensive Income (Loss), Tax", "negatedTerseLabel": "Income tax (expense) benefit" } } }, "localname": "OtherComprehensiveIncomeLossTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherIncome": { "auth_ref": [ "r314" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfOperations": { "order": 1.0, "parentTag": "us-gaap_Revenues", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of revenue and income classified as other.", "label": "Other Income", "terseLabel": "Other revenue" } } }, "localname": "OtherIncome", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherInvestments": { "auth_ref": [ "r20", "r306" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_Investments", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of investments classified as other.", "label": "Other Investments", "terseLabel": "Other invested assets, at cost" } } }, "localname": "OtherInvestments", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherLiabilities": { "auth_ref": [ "r267" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 5.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of liabilities classified as other.", "label": "Other Liabilities", "terseLabel": "Other liabilities" } } }, "localname": "OtherLiabilities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember": { "auth_ref": [ "r164", "r176", "r177", "r187" ], "lang": { "en-US": { "role": { "documentation": "Plan designed to provide other postretirement benefits. Includes, but is not limited to, defined benefit and defined contribution plans. Excludes pension benefits.", "label": "Other Postretirement Benefits Plan [Member]", "terseLabel": "Other Postretirement Benefit Plans" } } }, "localname": "OtherPostretirementBenefitPlansDefinedBenefitMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/BenefitPlansDetails" ], "xbrltype": "domainItemType" }, "us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent": { "auth_ref": [ "r34", "r39", "r42", "r220", "r221" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount before tax of other than temporary impairment loss (OTTI) on investments in available-for-sale and held-to-maturity debt securities, recognized in other comprehensive loss and attributable to parent entity.", "label": "Other than Temporary Impairment Losses, Investments, Portion in Other Comprehensive Loss, before Tax, Portion Attributable to Parent", "terseLabel": "Other-than-temporary impairment losses" } } }, "localname": "OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The amount of other than temporary impairment (OTTI) losses on equity securities, OTTI related to credit losses on debt securities, and OTTI losses on debt securities when the entity intends to sell the securities or it is more likely than not that the entity will be required to sell the securities before recovery of its amortized cost basis. Additionally, this item includes OTTI losses recognized during the period on investments accounted for under the cost method of accounting.", "label": "Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net", "terseLabel": "Net impairment losses recognized in earnings" } } }, "localname": "OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherUnderwritingExpense": { "auth_ref": [ "r317", "r344" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfOperations": { "order": 3.0, "parentTag": "us-gaap_BenefitsLossesAndExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Costs incurred during the period, such as those relating to general administration and policy maintenance that do not vary with and are not primarily related to the acquisition or renewal of insurance contracts.", "label": "Other Underwriting Expense", "terseLabel": "Other underwriting and operating expenses, net" } } }, "localname": "OtherUnderwritingExpense", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsForLossesAndLossAdjustmentExpense": { "auth_ref": [ "r65", "r328" ], "calculation": { "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, after effects of reinsurance, of payments to settle insured claims and pay costs incurred in the claims settlement process.", "label": "Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid", "totalLabel": "Total losses paid" } } }, "localname": "PaymentsForLossesAndLossAdjustmentExpense", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsForRepurchaseOfCommonStock": { "auth_ref": [ "r63" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 1.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cash outflow to reacquire common stock during the period.", "label": "Payments for Repurchase of Common Stock", "negatedTerseLabel": "Repurchase of common stock" } } }, "localname": "PaymentsForRepurchaseOfCommonStock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsOfDividendsCommonStock": { "auth_ref": [ "r63" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 2.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of cash outflow in the form of ordinary dividends to common shareholders of the parent entity.", "label": "Payments of Ordinary Dividends, Common Stock", "negatedTerseLabel": "Dividends paid", "terseLabel": "Total dividends paid" } } }, "localname": "PaymentsOfDividendsCommonStock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows", "http://www.mgic.com/role/ShareholdersEquityDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation": { "auth_ref": [ "r63" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 3.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of cash outflow to satisfy grantee's tax withholding obligation for award under share-based payment arrangement.", "label": "Payment, Tax Withholding, Share-based Payment Arrangement", "negatedTerseLabel": "Payment of withholding taxes related to share-based compensation net share settlement" } } }, "localname": "PaymentsRelatedToTaxWithholdingForShareBasedCompensation", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsToAcquireInvestments": { "auth_ref": [ "r62" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 1.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cash outflow associated with the purchase of all investments (debt, security, other) during the period.", "label": "Payments to Acquire Investments", "negatedTerseLabel": "Purchases of investments" } } }, "localname": "PaymentsToAcquireInvestments", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsToAcquirePropertyPlantAndEquipment": { "auth_ref": [ "r61" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 5.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets.", "label": "Payments to Acquire Property, Plant, and Equipment", "negatedTerseLabel": "Additions to property and equipment" } } }, "localname": "PaymentsToAcquirePropertyPlantAndEquipment", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock": { "auth_ref": [ "r188" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for pension and other postretirement benefits.", "label": "Pension and Other Postretirement Benefits Disclosure [Text Block]", "terseLabel": "Benefit Plans" } } }, "localname": "PensionAndOtherPostretirementBenefitsDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/BenefitPlans" ], "xbrltype": "textBlockItemType" }, "us-gaap_PerformanceSharesMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Share-based payment arrangement awarded for meeting performance target.", "label": "Performance Shares [Member]", "terseLabel": "RSUs subject to performance conditions" } } }, "localname": "PerformanceSharesMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareBasedCompensationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_PolicyholderBenefitsAndClaimsIncurredGross": { "auth_ref": [ "r315" ], "calculation": { "http://www.mgic.com/role/ReinsuranceSummaryOfPremiumsEarnedAndLossesIncurredDetails": { "order": 1.0, "parentTag": "us-gaap_IncurredClaimsPropertyCasualtyAndLiability", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount, before effect of policies assumed or ceded, of expense related to provision for policy benefits and costs incurred.", "label": "Policyholder Benefits and Claims Incurred, Direct", "terseLabel": "Direct" } } }, "localname": "PolicyholderBenefitsAndClaimsIncurredGross", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ReinsuranceSummaryOfPremiumsEarnedAndLossesIncurredDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_PolicyholderBenefitsAndClaimsIncurredNetAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Policyholder Benefits and Claims Incurred, Net [Abstract]", "terseLabel": "Losses incurred:" } } }, "localname": "PolicyholderBenefitsAndClaimsIncurredNetAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ReinsuranceSummaryOfPremiumsEarnedAndLossesIncurredDetails" ], "xbrltype": "stringItemType" }, "us-gaap_PortionAtFairValueFairValueDisclosureMember": { "auth_ref": [ "r241" ], "lang": { "en-US": { "role": { "documentation": "Measured at fair value for financial reporting purposes.", "label": "Portion at Fair Value Measurement [Member]", "terseLabel": "Portion at Fair Value Measurement" } } }, "localname": "PortionAtFairValueFairValueDisclosureMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_PremiumsEarnedNetPropertyAndCasualty": { "auth_ref": [ "r309", "r336", "r337", "r338" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfOperations": { "order": 3.0, "parentTag": "us-gaap_Revenues", "weight": 1.0 }, "http://www.mgic.com/role/ReinsuranceSummaryOfPremiumsEarnedAndLossesIncurredDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, after premiums ceded to other entities and premiums assumed by the entity, of property and casualty premiums earned.", "label": "Premiums Earned, Net, Property and Casualty", "totalLabel": "Net premiums earned" } } }, "localname": "PremiumsEarnedNetPropertyAndCasualty", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations", "http://www.mgic.com/role/ReinsuranceSummaryOfPremiumsEarnedAndLossesIncurredDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_PremiumsReceivableAtCarryingValue": { "auth_ref": [ "r304" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 7.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The carrying amount as of the balance sheet date due the entity from (a) agents and insureds, (b) uncollected premiums and (c) others, net of the allowance for doubtful accounts.", "label": "Premiums Receivable, Net", "terseLabel": "Premiums receivable" } } }, "localname": "PremiumsReceivableAtCarryingValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_PremiumsWrittenGrossAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Premiums Written, Gross [Abstract]", "terseLabel": "Premiums written:" } } }, "localname": "PremiumsWrittenGrossAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations" ], "xbrltype": "stringItemType" }, "us-gaap_PremiumsWrittenNet": { "auth_ref": [ "r338", "r341" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfOperations": { "order": 1.0, "parentTag": "us-gaap_PremiumsEarnedNetPropertyAndCasualty", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, after premiums ceded to other entities and premiums assumed by the entity, of premiums written.", "label": "Premiums Written, Net", "totalLabel": "Net premiums written" } } }, "localname": "PremiumsWrittenNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities": { "auth_ref": [ "r58", "r59", "r101" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 3.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash inflow from maturity, prepayment and call of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).", "label": "Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale", "terseLabel": "Proceeds from maturity of fixed income securities" } } }, "localname": "ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments": { "auth_ref": [ "r60" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows": { "order": 2.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The cash inflow associated with the sale, maturity and collection of all investments such as debt, security and so forth during the period.", "label": "Proceeds from Sale, Maturity and Collection of Investments", "terseLabel": "Proceeds from sales of investments" } } }, "localname": "ProceedsFromSaleMaturityAndCollectionsOfInvestments", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt": { "auth_ref": [ "r58", "r59", "r101" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash inflow from sale of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).", "label": "Proceeds from Sale of Debt Securities, Available-for-sale", "terseLabel": "Proceeds from sales of fixed income securities" } } }, "localname": "ProceedsFromSaleOfAvailableForSaleSecuritiesDebt", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_PropertyPlantAndEquipmentNet": { "auth_ref": [ "r4", "r5", "r139", "r302" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 8.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.", "label": "Property, Plant and Equipment, Net", "terseLabel": "Home office and equipment, net" } } }, "localname": "PropertyPlantAndEquipmentNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]", "terseLabel": "Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]" } } }, "localname": "ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent": { "auth_ref": [ "r42", "r51" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount after tax of reclassification adjustments of other comprehensive income (loss) attributable to parent.", "label": "Reclassification from AOCI, Current Period, Net of Tax, Attributable to Parent", "terseLabel": "Less: Amounts reclassified from AOCI" } } }, "localname": "ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Information by item reclassified out of accumulated other comprehensive income (loss).", "label": "Reclassification out of Accumulated Other Comprehensive Income [Axis]", "terseLabel": "Reclassification out of Accumulated Other Comprehensive Income [Axis]" } } }, "localname": "ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Item reclassified out of accumulated other comprehensive income (loss).", "label": "Reclassification out of Accumulated Other Comprehensive Income [Domain]", "terseLabel": "Reclassification out of Accumulated Other Comprehensive Income [Domain]" } } }, "localname": "ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Identifies item reclassified out of accumulated other comprehensive income (loss).", "label": "Reclassification out of Accumulated Other Comprehensive Income [Member]", "terseLabel": "Reclassification from Accumulated Other Comprehensive Income" } } }, "localname": "ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTable": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Disclosure of information about items reclassified out of accumulated other comprehensive income (loss).", "label": "Reclassification out of Accumulated Other Comprehensive Income [Table]", "terseLabel": "Reclassification out of Accumulated Other Comprehensive Income [Table]" } } }, "localname": "ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss).", "label": "Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]", "terseLabel": "Reclassification out of accumulated other comprehensive income" } } }, "localname": "ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/OtherComprehensiveIncomeTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ReinsuranceDisclosuresAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Reinsurance Disclosures [Abstract]" } } }, "localname": "ReinsuranceDisclosuresAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountAssumed": { "auth_ref": [ "r288" ], "calculation": { "http://www.mgic.com/role/ReinsuranceSummaryOfPremiumsEarnedAndLossesIncurredDetails": { "order": 2.0, "parentTag": "us-gaap_IncurredClaimsPropertyCasualtyAndLiability", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of policy benefits and costs incurred for policies assumed.", "label": "Policyholder Benefits and Claims Incurred, Assumed", "terseLabel": "Assumed" } } }, "localname": "ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountAssumed", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ReinsuranceSummaryOfPremiumsEarnedAndLossesIncurredDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountCeded": { "auth_ref": [ "r288" ], "calculation": { "http://www.mgic.com/role/ReinsuranceSummaryOfPremiumsEarnedAndLossesIncurredDetails": { "order": 3.0, "parentTag": "us-gaap_IncurredClaimsPropertyCasualtyAndLiability", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of reduction of provision for policy benefits and costs incurred for policies ceded.", "label": "Policyholder Benefits and Claims Incurred, Ceded", "negatedLabel": "Ceded", "terseLabel": "Ceded losses incurred" } } }, "localname": "ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountCeded", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ReinsuranceSummaryOfPremiumsEarnedAndLossesIncurredDetails", "http://www.mgic.com/role/ReinsuranceSummaryOfQuotaReinsuranceArrangementsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ReinsurancePolicyDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Coverage retained or reinsured.", "label": "Reinsurance Policy [Domain]", "terseLabel": "Reinsurance Policy [Domain]" } } }, "localname": "ReinsurancePolicyDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ReinsuranceNarrativeDetails", "http://www.mgic.com/role/ReinsuranceSummaryOfQuotaReinsuranceArrangementsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ReinsurancePolicyTypeAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Information by type, risk category or other classification of reinsurance coverage.", "label": "Reinsurance Policy, Type [Axis]", "terseLabel": "Reinsurance Policy, Type [Axis]" } } }, "localname": "ReinsurancePolicyTypeAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ReinsuranceNarrativeDetails", "http://www.mgic.com/role/ReinsuranceSummaryOfQuotaReinsuranceArrangementsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentNetAmountAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Premiums Earned, Net [Abstract]", "terseLabel": "Premiums earned:" } } }, "localname": "ReinsurancePremiumsForInsuranceCompaniesByProductSegmentNetAmountAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ReinsuranceSummaryOfPremiumsEarnedAndLossesIncurredDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments": { "auth_ref": [ "r289", "r325", "r326", "r329" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 5.0, "parentTag": "us-gaap_Assets", "weight": 1.0 }, "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails": { "order": 2.0, "parentTag": "us-gaap_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount, after valuation allowance, recoverable under reinsurance contracts for losses reported to the ceding insurer but not yet paid and amounts expected for incurred losses and settlement expenses, which have not yet been reported to the ceding insurer.", "label": "Reinsurance Recoverable for Unpaid Claims and Claims Adjustments", "periodEndLabel": "Plus reinsurance recoverables", "periodStartLabel": "Less reinsurance recoverable", "terseLabel": "Reinsurance recoverable on loss reserves", "verboseLabel": "Reinsurance recoverable on loss reserves" } } }, "localname": "ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets", "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails", "http://www.mgic.com/role/ReinsuranceSummaryOfQuotaReinsuranceArrangementsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ReinsuranceRecoverablesOnPaidLosses": { "auth_ref": [ "r289", "r305", "r325" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 6.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount, after valuation allowance, recoverable under reinsurance contracts for losses reported to and paid by the ceding insurer.", "label": "Reinsurance Recoverable for Paid Claims and Claims Adjustments", "terseLabel": "Reinsurance recoverable on paid losses" } } }, "localname": "ReinsuranceRecoverablesOnPaidLosses", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_ReinsuranceRetentionPolicyAmountRetained": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Stated amount that is the upper retention limit per entity policy.", "label": "Reinsurance Retention Policy, Amount Retained", "terseLabel": "Remaining First Layer Retention" } } }, "localname": "ReinsuranceRetentionPolicyAmountRetained", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ReinsuranceVariableInterestEntityDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ReinsuranceRetentionPolicyTableTextBlock": { "auth_ref": [ "r288" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of reinsurance retention policy.", "label": "Reinsurance Retention Policy [Table Text Block]", "terseLabel": "Schedule of coverages and retention" } } }, "localname": "ReinsuranceRetentionPolicyTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ReinsuranceTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ReinsuranceTextBlock": { "auth_ref": [ "r348" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure pertaining to the existence, magnitude and information about insurance that has been ceded to or assumed from another insurance company, including the methodologies and assumptions used in determining recorded amounts.", "label": "Reinsurance [Text Block]", "verboseLabel": "Reinsurance" } } }, "localname": "ReinsuranceTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/Reinsurance" ], "xbrltype": "textBlockItemType" }, "us-gaap_ResidentialMortgageBackedSecuritiesMember": { "auth_ref": [ "r103", "r167" ], "lang": { "en-US": { "role": { "documentation": "Securities collateralized by residential real estate mortgage loans.", "label": "Residential Mortgage Backed Securities [Member]", "terseLabel": "Residential mortgage backed securities (\u201cRMBS\u201d)" } } }, "localname": "ResidentialMortgageBackedSecuritiesMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsDetails", "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails", "http://www.mgic.com/role/InvestmentsDetails", "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails" ], "xbrltype": "domainItemType" }, "us-gaap_RestrictedCashAndCashEquivalents": { "auth_ref": [ "r2", "r70", "r72", "r258", "r297" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash and cash equivalents restricted as to withdrawal or usage. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Restricted Cash and Cash Equivalents", "terseLabel": "Restricted cash and cash equivalents" } } }, "localname": "RestrictedCashAndCashEquivalents", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_RestrictedStockUnitsRSUMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Share instrument which is convertible to stock or an equivalent amount of cash, after a specified period of time or when specified performance conditions are met.", "label": "Restricted Stock Units (RSUs) [Member]", "verboseLabel": "RSUs subject only to service conditions" } } }, "localname": "RestrictedStockUnitsRSUMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareBasedCompensationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_RetainedEarningsAccumulatedDeficit": { "auth_ref": [ "r15", "r159", "r298" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 5.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cumulative amount of the reporting entity's undistributed earnings or deficit.", "label": "Retained Earnings (Accumulated Deficit)", "terseLabel": "Retained earnings" } } }, "localname": "RetainedEarningsAccumulatedDeficit", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_RetainedEarningsMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The cumulative amount of the reporting entity's undistributed earnings or deficit.", "label": "Retained Earnings [Member]", "terseLabel": "Retained earnings" } } }, "localname": "RetainedEarningsMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfShareholdersEquity" ], "xbrltype": "domainItemType" }, "us-gaap_RetirementPlanTypeAxis": { "auth_ref": [ "r163", "r164", "r176", "r177", "r187" ], "lang": { "en-US": { "role": { "documentation": "Information by type of retirement benefit plan. Includes, but is not limited to, retirement benefit arrangement for defined benefit pension and other postretirement plans, retirement benefit arrangement for defined contribution pension and other postretirement plans, and special and contractual termination benefits payable upon retirement.", "label": "Retirement Plan Type [Axis]", "terseLabel": "Retirement Plan Type [Axis]" } } }, "localname": "RetirementPlanTypeAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/BenefitPlansDetails" ], "xbrltype": "stringItemType" }, "us-gaap_RetirementPlanTypeDomain": { "auth_ref": [ "r163", "r164", "r176", "r177", "r187" ], "lang": { "en-US": { "role": { "documentation": "Type of plan designed to provide participants with retirement benefits. Includes, but is not limited to, retirement benefit arrangement for defined benefit pension and other postretirement plans, retirement benefit arrangement for defined contribution pension and other postretirement plans, and special and contractual termination benefits payable upon retirement.", "label": "Retirement Plan Type [Domain]", "terseLabel": "Retirement Plan Type [Domain]" } } }, "localname": "RetirementPlanTypeDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/BenefitPlansDetails" ], "xbrltype": "domainItemType" }, "us-gaap_Revenues": { "auth_ref": [ "r52", "r94", "r95", "r98" ], "calculation": { "http://www.mgic.com/role/ConsolidatedStatementsOfOperations": { "order": 2.0, "parentTag": "us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).", "label": "Revenues", "totalLabel": "Total revenues" } } }, "localname": "Revenues", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_RevenuesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Revenues [Abstract]", "terseLabel": "Revenues:" } } }, "localname": "RevenuesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock": { "auth_ref": [ "r42" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the components of accumulated other comprehensive income (loss).", "label": "Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]", "terseLabel": "Accumulated other comprehensive income (loss)" } } }, "localname": "ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/OtherComprehensiveIncomeTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable": { "auth_ref": [ "r90" ], "lang": { "en-US": { "role": { "documentation": "Schedule for securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by Antidilutive Securities.", "label": "Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table]", "terseLabel": "Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table]" } } }, "localname": "ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/EarningsPerShareDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Debt Securities, Available-for-sale [Line Items]", "terseLabel": "Debt Securities, Available-for-sale [Line Items]" } } }, "localname": "ScheduleOfAvailableForSaleSecuritiesLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails", "http://www.mgic.com/role/InvestmentsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value.", "label": "Schedule of Available-for-sale Securities Reconciliation [Table Text Block]", "terseLabel": "Amortized cost, gross unrealized gains and losses and fair value of fixed income securities" } } }, "localname": "ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfAvailableForSaleSecuritiesTable": { "auth_ref": [ "r109", "r114", "r119", "r120", "r121", "r122", "r272", "r277" ], "lang": { "en-US": { "role": { "documentation": "Schedule of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.", "label": "Schedule of Available-for-sale Securities [Table]", "terseLabel": "Schedule of Available-for-sale Securities [Table]" } } }, "localname": "ScheduleOfAvailableForSaleSecuritiesTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails", "http://www.mgic.com/role/InvestmentsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfCausesOfIncreaseDecreaseInLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseTextBlock": { "auth_ref": [ "r330", "r333" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the reasons for the change in incurred claims and claim adjustment expenses recognized in the income statement attributable to insured events of prior fiscal years. Also includes disclosures of additional premiums or return premiums accrued as a result of changes in incurred claims and claim adjustment expenses.", "label": "Schedule of Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Table Text Block]", "terseLabel": "Prior year development of the reserves" } } }, "localname": "ScheduleOfCausesOfIncreaseDecreaseInLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/LossReservesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTable": { "auth_ref": [ "r283", "r284", "r285", "r286" ], "lang": { "en-US": { "role": { "documentation": "A table disclosing the capital amounts and ratios as of the balance sheet date indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity.", "label": "Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table]", "terseLabel": "Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table]" } } }, "localname": "ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/StatutoryInformationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock": { "auth_ref": [ "r31" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans.", "label": "Comprehensive Income (Loss) [Table Text Block]", "terseLabel": "Other comprehensive income" } } }, "localname": "ScheduleOfComprehensiveIncomeLossTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/OtherComprehensiveIncomeTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfDebtTableTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.", "label": "Schedule of Debt [Table Text Block]", "terseLabel": "Long-term debt" } } }, "localname": "ScheduleOfDebtTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/DebtTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock": { "auth_ref": [ "r91" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.", "label": "Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]", "terseLabel": "Calculation of earnings (loss) per share" } } }, "localname": "ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/EarningsPerShareTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfInvestmentsLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Schedule of Investments [Line Items]", "terseLabel": "Schedule of Investments [Line Items]" } } }, "localname": "ScheduleOfInvestmentsLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfInvestmentsTable": { "auth_ref": [ "r349" ], "lang": { "en-US": { "role": { "documentation": "A container table for all schedule of investment items. It ties in the \"Legal Entity [Axis]\" to all of its contained line items.", "label": "Schedule of Investments [Table]", "terseLabel": "Schedule of Investments [Table]" } } }, "localname": "ScheduleOfInvestmentsTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense": { "auth_ref": [ "r330" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the activity in the reserve for settling insured claims and expenses incurred in the claims settlement process for the period. The estimated liability includes the amount of money that will be required for future payments of (a) claims that have been reported to the insurer, (b) claims related to insured events that have occurred but that have not been reported to the insurer as of the date the liability is estimated, and (c) claim adjustment expenses. Claim adjustment expenses include costs incurred in the claim settlement process such as legal fees; outside adjuster fees; and costs to record, process, and adjust claims.", "label": "Schedule of Liability for Unpaid Claims and Claims Adjustment Expense [Table Text Block]", "terseLabel": "Reconciliation of beginning and ending loss reserves" } } }, "localname": "ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/LossReservesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfNetBenefitCostsTableTextBlock": { "auth_ref": [ "r169" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.", "label": "Schedule of Net Benefit Costs [Table Text Block]", "terseLabel": "Components of net periodic benefit cost" } } }, "localname": "ScheduleOfNetBenefitCostsTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/BenefitPlansTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfShareBasedCompensationActivityTableTextBlock": { "auth_ref": [ "r196", "r198", "r200" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of activity for award under share-based payment arrangement. Includes, but is not limited to, outstanding award at beginning and end of year, granted, exercised, forfeited, and weighted-average grant date fair value.", "label": "Share-based Payment Arrangement, Activity [Table Text Block]", "terseLabel": "Schedule of stock-based compensation, activity" } } }, "localname": "ScheduleOfShareBasedCompensationActivityTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareBasedCompensationTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable": { "auth_ref": [ "r193", "r201" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of information about share-based payment arrangement.", "label": "Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]", "terseLabel": "Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]" } } }, "localname": "ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareBasedCompensationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfStockByClassTable": { "auth_ref": [ "r28", "r75", "r148", "r149", "r150", "r152", "r153", "r154", "r156", "r157", "r158", "r159" ], "lang": { "en-US": { "role": { "documentation": "Schedule detailing information related to equity by class of stock. Class of stock includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. It also includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity.", "label": "Schedule of Stock by Class [Table]", "terseLabel": "Schedule of Stock by Class [Table]" } } }, "localname": "ScheduleOfStockByClassTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareholdersEquityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock": { "auth_ref": [ "r119" ], "lang": { "en-US": { "role": { "documentation": "For all investments in an unrealized loss position, including those for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), a tabular disclosure of the aggregate related fair value of investments with unrealized losses and the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value).", "label": "Schedule of Unrealized Loss on Investments [Table Text Block]", "terseLabel": "Aging of the fair values of securities in an unrealized loss position" } } }, "localname": "ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/InvestmentsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfVariableInterestEntitiesTextBlock": { "auth_ref": [ "r223", "r225", "r226", "r227", "r228" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.", "label": "Schedule of Variable Interest Entities [Table Text Block]", "terseLabel": "Schedule of total assets of Home Re" } } }, "localname": "ScheduleOfVariableInterestEntitiesTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ReinsuranceTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_SeniorNotes": { "auth_ref": [ "r268", "r308" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 6.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Including the current and noncurrent portions, carrying value as of the balance sheet date of Notes with the highest claim on the assets of the issuer in case of bankruptcy or liquidation (with maturities initially due after one year or beyond the operating cycle if longer). Senior note holders are paid off in full before any payments are made to junior note holders.", "label": "Senior Notes", "terseLabel": "Senior notes" } } }, "localname": "SeniorNotes", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_SeniorNotesMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Bond that takes priority over other debt securities sold by the issuer. In the event the issuer goes bankrupt, senior debt holders receive priority for (must receive) repayment prior to (relative to) junior and unsecured (general) creditors.", "label": "Senior Notes [Member]", "terseLabel": "Senior Notes" } } }, "localname": "SeniorNotesMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/DebtNarrativeDetails", "http://www.mgic.com/role/DebtSummaryOfDebtObligationsDetails", "http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1": { "auth_ref": [ "r194" ], "lang": { "en-US": { "role": { "documentation": "Period over which grantee's right to exercise award under share-based payment arrangement is no longer contingent on satisfaction of service or performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Includes, but is not limited to, combination of market, performance or service condition.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period", "terseLabel": "Award vesting period (in years)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareBasedCompensationDetails" ], "xbrltype": "durationItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod": { "auth_ref": [ "r197" ], "lang": { "en-US": { "role": { "documentation": "The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period", "terseLabel": "Granted (in shares)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareBasedCompensationDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue": { "auth_ref": [ "r197" ], "lang": { "en-US": { "role": { "documentation": "The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value", "terseLabel": "Weighted Average Share Fair Value (in dollars per share)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareBasedCompensationDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Share-based Compensation Arrangement by Share-based Payment Award [Line Items]", "terseLabel": "Share-based Compensation Arrangement by Share-based Payment Award [Line Items]" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareBasedCompensationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain": { "auth_ref": [ "r190", "r195" ], "lang": { "en-US": { "role": { "documentation": "Award under share-based payment arrangement.", "label": "Award Type [Domain]", "terseLabel": "Award Type [Domain]" } } }, "localname": "ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareBasedCompensationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ShareRepurchaseProgramAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Information by share repurchase program.", "label": "Share Repurchase Program [Axis]", "terseLabel": "Share Repurchase Program [Axis]" } } }, "localname": "ShareRepurchaseProgramAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareholdersEquityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ShareRepurchaseProgramDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Name of the share repurchase program.", "label": "Share Repurchase Program [Domain]", "terseLabel": "Share Repurchase Program [Domain]" } } }, "localname": "ShareRepurchaseProgramDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareholdersEquityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_StatementEquityComponentsAxis": { "auth_ref": [ "r30", "r151" ], "lang": { "en-US": { "role": { "documentation": "Information by component of equity.", "label": "Equity Components [Axis]", "terseLabel": "Equity Components [Axis]" } } }, "localname": "StatementEquityComponentsAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfShareholdersEquity", "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_StatementLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Statement [Line Items]", "terseLabel": "Statement [Line Items]" } } }, "localname": "StatementLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfShareholdersEquity" ], "xbrltype": "stringItemType" }, "us-gaap_StatementOfCashFlowsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Statement of Cash Flows [Abstract]" } } }, "localname": "StatementOfCashFlowsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementOfFinancialPositionAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Statement of Financial Position [Abstract]" } } }, "localname": "StatementOfFinancialPositionAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Statement of Comprehensive Income [Abstract]" } } }, "localname": "StatementOfIncomeAndComprehensiveIncomeAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementOfStockholdersEquityAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Statement of Stockholders' Equity [Abstract]" } } }, "localname": "StatementOfStockholdersEquityAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementTable": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Schedule reflecting a Statement of Income, Statement of Cash Flows, Statement of Financial Position, Statement of Shareholders' Equity and Other Comprehensive Income, or other statement as needed.", "label": "Statement [Table]", "terseLabel": "Statement [Table]" } } }, "localname": "StatementTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfShareholdersEquity" ], "xbrltype": "stringItemType" }, "us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation": { "auth_ref": [ "r11", "r12", "r159", "r192", "r199" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Value, after forfeiture, of shares issued under share-based payment arrangement. Excludes employee stock ownership plan (ESOP).", "label": "Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture", "terseLabel": "Net common stock issued under share-based compensation plans" } } }, "localname": "StockIssuedDuringPeriodValueShareBasedCompensation", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfShareholdersEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount remaining of a stock repurchase plan authorized.", "label": "Stock Repurchase Program, Remaining Authorized Repurchase Amount", "terseLabel": "Remaining authorized repurchase amount" } } }, "localname": "StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareholdersEquityDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockholdersEquity": { "auth_ref": [ "r12", "r16", "r17", "r99" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.", "label": "Stockholders' Equity Attributable to Parent", "periodEndLabel": "Balance, end of period", "periodStartLabel": "Balance, beginning of period", "totalLabel": "Total shareholders\u2019 equity" } } }, "localname": "StockholdersEquity", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets", "http://www.mgic.com/role/ConsolidatedStatementsOfShareholdersEquity", "http://www.mgic.com/role/OtherComprehensiveIncomeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockholdersEquityAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Stockholders' Equity Attributable to Parent [Abstract]", "verboseLabel": "Shareholders\u2019 equity:" } } }, "localname": "StockholdersEquityAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_StockholdersEquityNoteAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Stockholders' Equity Note [Abstract]" } } }, "localname": "StockholdersEquityNoteAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_StockholdersEquityNoteDisclosureTextBlock": { "auth_ref": [ "r162" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.", "label": "Stockholders' Equity Note Disclosure [Text Block]", "verboseLabel": "Shareholders' Equity" } } }, "localname": "StockholdersEquityNoteDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareholdersEquity" ], "xbrltype": "textBlockItemType" }, "us-gaap_SubsequentEventMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Identifies event that occurred after the balance sheet date but before financial statements are issued or available to be issued.", "label": "Subsequent Event [Member]", "terseLabel": "Subsequent Event" } } }, "localname": "SubsequentEventMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareholdersEquityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_SubsequentEventTypeAxis": { "auth_ref": [ "r251" ], "lang": { "en-US": { "role": { "documentation": "Information by event that occurred after the balance sheet date but before financial statements are issued or available to be issued.", "label": "Subsequent Event Type [Axis]", "terseLabel": "Subsequent Event Type [Axis]" } } }, "localname": "SubsequentEventTypeAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareholdersEquityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_SubsequentEventTypeDomain": { "auth_ref": [ "r251" ], "lang": { "en-US": { "role": { "documentation": "Event that occurred after the balance sheet date but before financial statements are issued or available to be issued.", "label": "Subsequent Event Type [Domain]", "terseLabel": "Subsequent Event Type [Domain]" } } }, "localname": "SubsequentEventTypeDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareholdersEquityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense": { "auth_ref": [ "r327" ], "calculation": { "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails": { "order": 1.0, "parentTag": "us-gaap_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount, after effects of reinsurance, of expense for claims incurred in the current reporting period and related claims settlement costs.", "label": "Current Year Claims and Claims Adjustment Expense", "verboseLabel": "Current year" } } }, "localname": "SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense": { "auth_ref": [ "r327" ], "calculation": { "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails": { "order": 2.0, "parentTag": "us-gaap_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount, after effects of reinsurance, of expense (reversal of expense) for claims incurred in prior reporting periods and related claims settlement costs.", "label": "Prior Year Claims and Claims Adjustment Expense", "verboseLabel": "Prior years" } } }, "localname": "SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/LossReservesDetails", "http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain": { "auth_ref": [ "r256" ], "lang": { "en-US": { "role": { "documentation": "Instrument or contract that imposes a contractual obligation to deliver cash or another financial instrument or to exchange other financial instruments on potentially unfavorable terms and conveys a contractual right to receive cash or another financial instrument or to exchange other financial instruments on potentially favorable terms.", "label": "Financial Instruments [Domain]", "terseLabel": "Financial Instruments [Domain]" } } }, "localname": "TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsDetails", "http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails", "http://www.mgic.com/role/InvestmentsDetails", "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails" ], "xbrltype": "domainItemType" }, "us-gaap_TreasuryStockAcquiredAverageCostPerShare": { "auth_ref": [ "r160" ], "lang": { "en-US": { "role": { "documentation": "Total cost of shares repurchased divided by the total number of shares repurchased.", "label": "Treasury Stock Acquired, Average Cost Per Share", "terseLabel": "Shares repurchased, weighted average price per share" } } }, "localname": "TreasuryStockAcquiredAverageCostPerShare", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareholdersEquityDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_TreasuryStockMember": { "auth_ref": [ "r29", "r160" ], "lang": { "en-US": { "role": { "documentation": "Shares of an entity that have been repurchased by the entity. This stock has no voting rights and receives no dividends. Note that treasury stock may be recorded at its total cost or separately as par (or stated) value and additional paid in capital. Classified within stockholders' equity if nonredeemable or redeemable solely at the option of the issuer. Classified within temporary equity if redemption is outside the control of the issuer.", "label": "Treasury Stock [Member]", "terseLabel": "Treasury stock" } } }, "localname": "TreasuryStockMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfShareholdersEquity" ], "xbrltype": "domainItemType" }, "us-gaap_TreasuryStockShares": { "auth_ref": [ "r29", "r160" ], "lang": { "en-US": { "role": { "documentation": "Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends.", "label": "Treasury Stock, Shares", "terseLabel": "Treasury stock, shares at cost (in shares)" } } }, "localname": "TreasuryStockShares", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "sharesItemType" }, "us-gaap_TreasuryStockSharesAcquired": { "auth_ref": [ "r12", "r151", "r159" ], "lang": { "en-US": { "role": { "documentation": "Number of shares that have been repurchased during the period and are being held in treasury.", "label": "Treasury Stock, Shares, Acquired", "terseLabel": "Shares repurchased in period (in shares)" } } }, "localname": "TreasuryStockSharesAcquired", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ShareholdersEquityDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_TreasuryStockValue": { "auth_ref": [ "r29", "r160", "r161" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_StockholdersEquity", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury.", "label": "Treasury Stock, Value", "negatedTerseLabel": "Treasury stock at cost (shares 2019 - 22,644; 2018 - 15,982)" } } }, "localname": "TreasuryStockValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_TreasuryStockValueAcquiredCostMethod": { "auth_ref": [ "r151", "r159", "r160" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Equity impact of the cost of common and preferred stock that were repurchased during the period. Recorded using the cost method.", "label": "Treasury Stock, Value, Acquired, Cost Method", "negatedTerseLabel": "Repurchase of common stock" } } }, "localname": "TreasuryStockValueAcquiredCostMethod", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfShareholdersEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_USStatesAndPoliticalSubdivisionsMember": { "auth_ref": [ "r167", "r345" ], "lang": { "en-US": { "role": { "documentation": "Bonds or similar securities issued by state, city, or local US governments or the agencies operated by state, city, or local governments. Debt securities issued by state governments may include bond issuances of US state authorities including, for example, but not limited to, housing authorities, dormitory authorities, and general obligations while debt securities issued by political subdivisions of US states would include, for example, debt issuances by county, borough, city, or municipal governments.", "label": "US States and Political Subdivisions Debt Securities [Member]", "terseLabel": "Obligations of U.S. states and political subdivisions" } } }, "localname": "USStatesAndPoliticalSubdivisionsMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsDetails", "http://www.mgic.com/role/InvestmentsDetails", "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails" ], "xbrltype": "domainItemType" }, "us-gaap_USTreasuryAndGovernmentMember": { "auth_ref": [ "r167", "r264", "r345" ], "lang": { "en-US": { "role": { "documentation": "This category includes investments in debt securities issued by the United States Department of the Treasury, US Government Agencies and US Government-sponsored Enterprises. Such securities may include treasury bills (short-term maturities - one year or less), treasury notes (intermediate term maturities - two to ten years), and treasury bonds (long-term maturities - ten to thirty years), debt securities issued by the Government National Mortgage Association (Ginnie Mae) and debt securities issued by the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac).", "label": "US Treasury and Government [Member]", "terseLabel": "U.S. Treasury securities and obligations of U.S. government corporations and agencies" } } }, "localname": "USTreasuryAndGovernmentMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/FairValueMeasurementsDetails", "http://www.mgic.com/role/InvestmentsDetails", "http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails" ], "xbrltype": "domainItemType" }, "us-gaap_UnearnedPremiums": { "auth_ref": [ "r295" ], "calculation": { "http://www.mgic.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Carrying amount of premiums written on insurance contracts that have not been earned as of the balance sheet date.", "label": "Unearned Premiums", "terseLabel": "Unearned premiums" } } }, "localname": "UnearnedPremiums", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets": { "auth_ref": [ "r224" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Carrying amount of the assets in the reporting entity's statement of financial position that relate to the reporting entity's variable interest in the Variable Interest Entity (VIE), where the reporting entity is not the VIE's primary beneficiary.", "label": "Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets", "terseLabel": "Total VIE Assets" } } }, "localname": "VariableInterestEntityNonconsolidatedCarryingAmountAssets", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ReinsuranceVariableInterestEntityDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment": { "auth_ref": [ "r89" ], "calculation": { "http://www.mgic.com/role/EarningsPerShareDetails": { "order": 3.0, "parentTag": "us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding", "weight": 1.0 } }, "lang": { "en-US": { "role": { "documentation": "The sum of dilutive potential common shares or units used in the calculation of the diluted per-share or per-unit computation.", "label": "Weighted Average Number Diluted Shares Outstanding Adjustment", "terseLabel": "Dilutive securities (in shares)" } } }, "localname": "WeightedAverageNumberDilutedSharesOutstandingAdjustment", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/EarningsPerShareDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding": { "auth_ref": [ "r84", "r89" ], "calculation": { "http://www.mgic.com/role/EarningsPerShareDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "lang": { "en-US": { "role": { "documentation": "The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.", "label": "Weighted Average Number of Shares Outstanding, Diluted", "totalLabel": "Weighted average common shares outstanding - diluted (in shares)", "verboseLabel": "Weighted average common shares outstanding - diluted (in shares)" } } }, "localname": "WeightedAverageNumberOfDilutedSharesOutstanding", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations", "http://www.mgic.com/role/EarningsPerShareDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_WeightedAverageNumberOfSharesOutstandingBasic": { "auth_ref": [ "r82", "r89" ], "calculation": { "http://www.mgic.com/role/EarningsPerShareDetails": { "order": 1.0, "parentTag": "us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding", "weight": 1.0 } }, "lang": { "en-US": { "role": { "documentation": "Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.", "label": "Weighted Average Number of Shares Outstanding, Basic", "terseLabel": "Weighted average common shares outstanding - basic (in shares)", "verboseLabel": "Weighted average common shares outstanding - basic (in shares)" } } }, "localname": "WeightedAverageNumberOfSharesOutstandingBasic", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.mgic.com/role/ConsolidatedStatementsOfOperations", "http://www.mgic.com/role/EarningsPerShareDetails" ], "xbrltype": "sharesItemType" } }, "unitCount": 7 } }, "std_ref": { "r0": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "205", "URI": "http://asc.fasb.org/topic&trid=2122149" }, "r1": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=118951113&loc=d3e6676-107765" }, "r10": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(22))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r100": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118954083&loc=d3e26610-111562" }, "r101": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118954083&loc=d3e26853-111562" }, "r102": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27405-111563" }, "r103": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=SL6283291-111563" }, "r104": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27161-111563" }, "r105": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(aa)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27161-111563" }, "r106": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27161-111563" }, "r107": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27161-111563" }, "r108": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27161-111563" }, "r109": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27161-111563" }, "r11": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(28))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r110": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27198-111563" }, "r111": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27198-111563" }, "r112": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27198-111563" }, "r113": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27198-111563" }, "r114": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27198-111563" }, "r115": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27232-111563" }, "r116": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(1)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27290-111563" }, "r117": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(2)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27290-111563" }, "r118": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)(3)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27290-111563" }, "r119": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27290-111563" }, "r12": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(29))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r120": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27337-111563" }, "r121": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27340-111563" }, "r122": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)-(d)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27357-111563" }, "r123": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "320", "URI": "http://asc.fasb.org/topic&trid=2196928" }, "r124": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "321", "URI": "http://asc.fasb.org/extlink&oid=116654751&loc=SL75117546-209714" }, "r125": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=119407570&loc=SL82919244-210447" }, "r126": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=119407570&loc=SL82919249-210447" }, "r127": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=119407570&loc=SL82919253-210447" }, "r128": { "Name": "Accounting Standards Codification", "Paragraph": "16", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=119407570&loc=SL82919258-210447" }, "r129": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=119407570&loc=SL82919230-210447" }, "r13": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(3))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r130": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=118942338&loc=SL82898722-210454" }, "r131": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(a)(1)", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=118955579&loc=SL82922888-210455" }, "r132": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(a)(2)", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=118955579&loc=SL82922888-210455" }, "r133": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(b)(3)", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=118955579&loc=SL82922888-210455" }, "r134": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=118955579&loc=SL82922888-210455" }, "r135": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=118955579&loc=SL82922890-210455" }, "r136": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=118955579&loc=SL82922895-210455" }, "r137": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=118955579&loc=SL82922900-210455" }, "r138": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "55", "SubTopic": "30", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=118942371&loc=SL82922954-210456" }, "r139": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229" }, "r14": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(30)(a)(1))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r140": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=118942415&loc=d3e14326-108349" }, "r141": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "450", "URI": "http://asc.fasb.org/topic&trid=2127136" }, "r142": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=6802200&loc=SL6230698-112601" }, "r143": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "25", "SubTopic": "20", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=109126253&loc=d3e4875-112606" }, "r144": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(3)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=109500613&loc=SL6031897-161870" }, "r145": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=109500613&loc=SL6031898-161870" }, "r146": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=109500613&loc=SL6036836-161870" }, "r147": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "470", "URI": "http://asc.fasb.org/topic&trid=2208564" }, "r148": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(CFRR 211.02)", "Topic": "480", "URI": "http://asc.fasb.org/extlink&oid=65877616&loc=d3e177068-122764" }, "r149": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=65888546&loc=d3e21300-112643" }, "r15": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(30)(a)(3))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r150": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21553-112644" }, "r151": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644" }, "r152": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644" }, "r153": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21484-112644" }, "r154": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21488-112644" }, "r155": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644" }, "r156": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644" }, "r157": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644" }, "r158": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644" }, "r159": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.3-04)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770" }, "r16": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(30))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r160": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=6405813&loc=d3e23239-112655" }, "r161": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=6405834&loc=d3e23315-112656" }, "r162": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "505", "URI": "http://asc.fasb.org/topic&trid=2208762" }, "r163": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "15", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "712", "URI": "http://asc.fasb.org/extlink&oid=6410066&loc=d3e79218-111664" }, "r164": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "15", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "712", "URI": "http://asc.fasb.org/extlink&oid=6410066&loc=d3e79218-111664" }, "r165": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)(1)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r166": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)(2)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r167": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(ii)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r168": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(01)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r169": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(h)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r17": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(31))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r170": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(h)(1)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r171": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(h)(2)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r172": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(h)(3)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r173": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(h)(4)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r174": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(h)(5)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r175": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(j)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r176": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r177": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e2410-114920" }, "r178": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e2417-114920" }, "r179": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e2439-114920" }, "r18": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(32))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r180": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)(1)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e2709-114920" }, "r181": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)(2)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e2709-114920" }, "r182": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)(3)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e2709-114920" }, "r183": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)(4)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e2709-114920" }, "r184": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)(5)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e2709-114920" }, "r185": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e2709-114920" }, "r186": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118257860&loc=d3e4179-114921" }, "r187": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "70", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=49170846&loc=d3e28014-114942" }, "r188": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "715", "URI": "http://asc.fasb.org/topic&trid=2235017" }, "r189": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "35", "SubTopic": "10", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116855982&loc=d3e4534-113899" }, "r19": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.1)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r190": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5047-113901" }, "r191": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5047-113901" }, "r192": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5047-113901" }, "r193": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5047-113901" }, "r194": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(1)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r195": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a),(g)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r196": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(2)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r197": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(2)(iii)(1)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r198": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r199": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)(1)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r2": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(1))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r20": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.12)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r200": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r201": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r202": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=118258462&loc=d3e11149-113907" }, "r203": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=118258462&loc=d3e11178-113907" }, "r204": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "718", "URI": "http://asc.fasb.org/topic&trid=2228938" }, "r205": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=116821951&loc=d3e32247-109318" }, "r206": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=116821951&loc=d3e32280-109318" }, "r207": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319" }, "r208": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32698-109319" }, "r209": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32809-109319" }, "r21": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.19(b),22(b))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r210": { "Name": "Accounting Standards Codification", "Paragraph": "19", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32840-109319" }, "r211": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319" }, "r212": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32847-109319" }, "r213": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319" }, "r214": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 6.I.7)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817" }, "r215": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=109238882&loc=d3e39076-109324" }, "r216": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=109238882&loc=d3e38679-109324" }, "r217": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Subparagraph": "(d)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=109238882&loc=d3e38679-109324" }, "r218": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "05", "SubTopic": "30", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=65884525&loc=d3e40913-109327" }, "r219": { "Name": "Accounting Standards Codification", "Paragraph": "19", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683" }, "r22": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.19,20,22)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r220": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=108774443&loc=SL4569643-111683" }, "r221": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(3)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684" }, "r222": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c),(3)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684" }, "r223": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=118582676&loc=d3e5710-111685" }, "r224": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "a", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=118582676&loc=d3e5728-111685" }, "r225": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=118582676&loc=d3e5728-111685" }, "r226": { "Name": "Accounting Standards Codification", "Paragraph": "5A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=118582676&loc=SL6759159-111685" }, "r227": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=118582676&loc=d3e5747-111685" }, "r228": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=118582676&loc=SL6228884-111685" }, "r229": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "810", "URI": "http://asc.fasb.org/topic&trid=2197479" }, "r23": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.19-26)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r230": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r231": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r232": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(bb)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r233": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r234": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(1)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r235": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(2)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r236": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(3)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r237": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r238": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258" }, "r239": { "Name": "Accounting Standards Codification", "Paragraph": "6A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=SL6742756-110258" }, "r24": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.22(a)(1))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r240": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=99377092&loc=SL75136599-209740" }, "r241": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=116690757&loc=d3e13220-108610" }, "r242": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=118260190&loc=d3e13433-108611" }, "r243": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=118260190&loc=d3e13467-108611" }, "r244": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=118260190&loc=d3e13476-108611" }, "r245": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "230", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=98513438&loc=d3e33268-110906" }, "r246": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399" }, "r247": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399" }, "r248": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "55", "SubTopic": "30", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400" }, "r249": { "Name": "Accounting Standards Codification", "Paragraph": "40", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "(Note 3)", "Topic": "840", "URI": "http://asc.fasb.org/extlink&oid=82846649&loc=d3e38371-112697" }, "r25": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.22(a)(5))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r250": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "840", "URI": "http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717" }, "r251": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "855", "URI": "http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662" }, "r252": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=118948506&loc=d3e107207-111719" }, "r253": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)(1)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=118948506&loc=d3e107207-111719" }, "r254": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)(2)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=118948506&loc=d3e107207-111719" }, "r255": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)(3)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=118948506&loc=d3e107207-111719" }, "r256": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=116651436&loc=d3e122625-111746" }, "r257": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "SubTopic": "320", "Topic": "940", "URI": "http://asc.fasb.org/subtopic&trid=2176304" }, "r258": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(1)(a))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r259": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(10))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r26": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.22)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r260": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(11))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r261": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(13))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r262": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(16))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r263": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(23))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r264": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(6)(a)(1))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r265": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(6))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r266": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.13(3)(a))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r267": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.15)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r268": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.16)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r269": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.17)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r27": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.25)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r270": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04(22))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260" }, "r271": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04(23))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260" }, "r272": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "320", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=75019621&loc=d3e62557-112803" }, "r273": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "320", "Subparagraph": "(a)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=75019621&loc=d3e62586-112803" }, "r274": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "320", "Subparagraph": "(b)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=75019621&loc=d3e62586-112803" }, "r275": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "320", "Subparagraph": "(c)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=75019621&loc=d3e62586-112803" }, "r276": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "320", "Subparagraph": "(d)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=75019621&loc=d3e62586-112803" }, "r277": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "320", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=75019621&loc=d3e62586-112803" }, "r278": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "SubTopic": "320", "Topic": "942", "URI": "http://asc.fasb.org/subtopic&trid=2209399" }, "r279": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "405", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6957935&loc=d3e64057-112817" }, "r28": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.28,29)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r280": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "470", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6479118&loc=d3e64650-112822" }, "r281": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "470", "Subparagraph": "(d)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823" }, "r282": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "470", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823" }, "r283": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "505", "Subparagraph": "(c)(1)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826" }, "r284": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "505", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=117337116&loc=SL5958570-112826" }, "r285": { "Name": "Accounting Standards Codification", "Paragraph": "1G", "Publisher": "FASB", "Section": "50", "SubTopic": "505", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=117337116&loc=SL5958577-112826" }, "r286": { "Name": "Accounting Standards Codification", "Paragraph": "1H", "Publisher": "FASB", "Section": "50", "SubTopic": "505", "Subparagraph": "(c)(2)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=117337116&loc=d3e65071-112826" }, "r287": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Subparagraph": "(d)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=6480726&loc=d3e6691-158385" }, "r288": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=99397103&loc=d3e6811-158387" }, "r289": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=99397103&loc=d3e6824-158387" }, "r29": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.29,30)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r290": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(13)(a))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r291": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(16))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r292": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(1)(b))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r293": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(10))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r294": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(12))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r295": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(13)(a)(2))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r296": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(16))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r297": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(2))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r298": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(23)(a)(4))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r299": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(25))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r3": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(12))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r30": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.29-31)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r300": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(4))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r301": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(7))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r302": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(8))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r303": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03.(a),19)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r304": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03.(a),5)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r305": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03.(a),6)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r306": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03.1(f,g))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r307": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03.1(h))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r308": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03.16(a))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r309": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(1))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263" }, "r31": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=d3e526-108580" }, "r310": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(18))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263" }, "r311": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(19))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263" }, "r312": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(2))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263" }, "r313": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(7)(a))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263" }, "r314": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04.4)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263" }, "r315": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04.5)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263" }, "r316": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04.5,6,7)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263" }, "r317": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04.7)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263" }, "r318": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "235", "Subparagraph": "(SX 210.12-17(Column B))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=34713774&loc=d3e574992-122915" }, "r319": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "235", "Subparagraph": "(SX 210.12-17(Column C))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=34713774&loc=d3e574992-122915" }, "r32": { "Name": "Accounting Standards Codification", "Paragraph": "10A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669646-108580" }, "r320": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "235", "Subparagraph": "(SX 210.12-17(Column D))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=34713774&loc=d3e574992-122915" }, "r321": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(c)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=35755530&loc=d3e11264-158415" }, "r322": { "Name": "Accounting Standards Codification", "Paragraph": "2B", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(a)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=117419109&loc=SL117422543-158416" }, "r323": { "Name": "Accounting Standards Codification", "Paragraph": "2B", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(b)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=117419109&loc=SL117422543-158416" }, "r324": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "55", "SubTopic": "30", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=117418976&loc=d3e11522-158419" }, "r325": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "45", "SubTopic": "310", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=99404803&loc=d3e21412-158489" }, "r326": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "40", "Subparagraph": "(a)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437" }, "r327": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "40", "Subparagraph": "(b)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437" }, "r328": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "40", "Subparagraph": "(c)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437" }, "r329": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "40", "Subparagraph": "(cc)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437" }, "r33": { "Name": "Accounting Standards Codification", "Paragraph": "10A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(f)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669646-108580" }, "r330": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "40", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437" }, "r331": { "Name": "Accounting Standards Codification", "Paragraph": "4H", "Publisher": "FASB", "Section": "50", "SubTopic": "40", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116884468&loc=SL65671331-158438" }, "r332": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(g)(1)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=117419843&loc=SL117420844-207641" }, "r333": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "40", "Subparagraph": "(SAB Topic 5.W)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=27015833&loc=d3e570705-122907" }, "r334": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "SubTopic": "40", "Topic": "944", "URI": "http://asc.fasb.org/subtopic&trid=2560295" }, "r335": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "505", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=6486098&loc=d3e24708-158529" }, "r336": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "605", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=84167274&loc=d3e27175-158546" }, "r337": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "605", "Subparagraph": "(a)(2)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=6486672&loc=d3e27261-158547" }, "r338": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "605", "Subparagraph": "(b)(1)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=6486672&loc=d3e27261-158547" }, "r339": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "605", "Subparagraph": "(b)(2)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=6486672&loc=d3e27261-158547" }, "r34": { "Name": "Accounting Standards Codification", "Paragraph": "10A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(g)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669646-108580" }, "r340": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "605", "Subparagraph": "(b)(3)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=6486672&loc=d3e27261-158547" }, "r341": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "605", "Subparagraph": "(c)(1)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=6486672&loc=d3e27261-158547" }, "r342": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "605", "Subparagraph": "(c)(2)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=6486672&loc=d3e27261-158547" }, "r343": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "605", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=6486672&loc=d3e27261-158547" }, "r344": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "25", "SubTopic": "720", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=35755714&loc=d3e28434-158551" }, "r345": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "80", "Subparagraph": "(e)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=117420044&loc=d3e19393-158473" }, "r346": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "825", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=117420823&loc=d3e32546-158582" }, "r347": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "825", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=75763970&loc=SL75763979-209797" }, "r348": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "944", "URI": "http://asc.fasb.org/topic&trid=2303980" }, "r349": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12)", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=50485924&loc=d3e611133-123010" }, "r35": { "Name": "Accounting Standards Codification", "Paragraph": "10A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(h)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669646-108580" }, "r350": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-15)", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=50485924&loc=d3e611379-123010" }, "r351": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "SubTopic": "320", "Topic": "946", "URI": "http://asc.fasb.org/subtopic&trid=2324412" }, "r352": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "740", "Topic": "954", "URI": "http://asc.fasb.org/extlink&oid=6491622&loc=d3e9504-115650" }, "r353": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r354": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r355": { "Name": "Form 10-Q", "Number": "240", "Publisher": "SEC", "Section": "13", "Subsection": "a-13" }, "r356": { "Name": "Forms 10-K, 10-Q, 20-F", "Number": "240", "Publisher": "SEC", "Section": "13", "Subsection": "a-1-" }, "r357": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r358": { "Name": "Regulation S-T", "Number": "232", "Publisher": "SEC", "Section": "405" }, "r36": { "Name": "Accounting Standards Codification", "Paragraph": "10A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(i),(j),(k)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669646-108580" }, "r37": { "Name": "Accounting Standards Codification", "Paragraph": "10A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(i-k)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669646-108580" }, "r38": { "Name": "Accounting Standards Codification", "Paragraph": "10A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669646-108580" }, "r39": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=d3e637-108580" }, "r4": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(13))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r40": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=d3e640-108580" }, "r41": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=d3e681-108580" }, "r42": { "Name": "Accounting Standards Codification", "Paragraph": "14A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669686-108580" }, "r43": { "Name": "Accounting Standards Codification", "Paragraph": "17B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL34724394-108580" }, "r44": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669619-108580" }, "r45": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669619-108580" }, "r46": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669619-108580" }, "r47": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669625-108580" }, "r48": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669625-108580" }, "r49": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=d3e557-108580" }, "r5": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(14))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r50": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116657188&loc=SL116659661-227067" }, "r51": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118951672&loc=d3e1436-108581" }, "r52": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(1))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r53": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(20))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r54": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(21))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r55": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.7(c),9(a))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r56": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.8)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r57": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "220", "URI": "http://asc.fasb.org/topic&trid=2134417" }, "r58": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3151-108585" }, "r59": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3179-108585" }, "r6": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(17))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r60": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3179-108585" }, "r61": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3213-108585" }, "r62": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3213-108585" }, "r63": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3291-108585" }, "r64": { "Name": "Accounting Standards Codification", "Paragraph": "24", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3521-108585" }, "r65": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(g)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3536-108585" }, "r66": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3536-108585" }, "r67": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3602-108585" }, "r68": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3602-108585" }, "r69": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3602-108585" }, "r7": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(19))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r70": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3044-108585" }, "r71": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=98513485&loc=d3e4297-108586" }, "r72": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=98513485&loc=SL98516268-108586" }, "r73": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=84158767&loc=d3e18780-107790" }, "r74": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(h))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r75": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(d),(e))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r76": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(e),(f))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r77": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(h)(1)(i))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r78": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(h)(2))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r79": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.12-04(b))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690" }, "r8": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(2))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r80": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794" }, "r81": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "250", "URI": "http://asc.fasb.org/topic&trid=2122394" }, "r82": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117326831&loc=d3e1448-109256" }, "r83": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117326831&loc=d3e1377-109256" }, "r84": { "Name": "Accounting Standards Codification", "Paragraph": "16", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117326831&loc=d3e1505-109256" }, "r85": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117326831&loc=d3e1252-109256" }, "r86": { "Name": "Accounting Standards Codification", "Paragraph": "28A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117326831&loc=d3e1500-109256" }, "r87": { "Name": "Accounting Standards Codification", "Paragraph": "60B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117326831&loc=SL5780133-109256" }, "r88": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117326831&loc=d3e1337-109256" }, "r89": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257" }, "r9": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(20))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r90": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257" }, "r91": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257" }, "r92": { "Name": "Accounting Standards Codification", "Paragraph": "52", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117327953&loc=d3e4984-109258" }, "r93": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "260", "URI": "http://asc.fasb.org/topic&trid=2144383" }, "r94": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599" }, "r95": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599" }, "r96": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(h)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599" }, "r97": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599" }, "r98": { "Name": "Accounting Standards Codification", "Paragraph": "32", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8933-108599" }, "r99": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 4.E)", "Topic": "310", "URI": "http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707" } }, "version": "2.1" } XML 51 R14.htm IDEA: XBRL DOCUMENT v3.19.3
    Investments
    9 Months Ended
    Sep. 30, 2019
    Investments [Abstract]  
    Investments Investments
    Fixed income securities
    The amortized cost, gross unrealized gains and losses, and fair value of investments in fixed income securities classified as available-for-sale at September 30, 2019 and December 31, 2018 are shown in tables 7.1a and 7.1b below.
    Details of fixed income securities by category as of September 30, 2019
    Table
    7.1a
     
     
     
     
     
     
     
     
    (In thousands)
     
    Amortized Cost
     
    Gross Unrealized Gains
     
    Gross Unrealized (Losses) (1)
     
    Fair Value
    U.S. Treasury securities and obligations of U.S. government corporations and agencies
     
    $
    197,748

     
    $
    1,456

     
    $
    (75
    )
     
    $
    199,129

    Obligations of U.S. states and political subdivisions
     
    1,552,283

     
    108,763

     
    (494
    )
     
    1,660,552

    Corporate debt securities
     
    2,653,124

     
    74,630

     
    (3,151
    )
     
    2,724,603

    Asset backed securities (“ABS”)
     
    212,792

     
    2,819

     
    (65
    )
     
    215,546

    Residential mortgage backed securities (“RMBS”)
     
    248,098

     
    1,022

     
    (2,663
    )
     
    246,457

    Commercial mortgage backed securities (“CMBS”)
     
    280,364

     
    6,714

     
    (266
    )
     
    286,812

    Collateralized loan obligations (“CLOs”)
     
    329,484

     
    81

     
    (1,672
    )
     
    327,893

    Total fixed income securities
     
    $
    5,473,893

     
    $
    195,485

     
    $
    (8,386
    )
     
    $
    5,660,992

    Details of fixed income securities by category as of December 31, 2018
    Table
    7.1b
     
     
     
     
     
     
     
     
    (In thousands)
     
    Amortized Cost
     
    Gross Unrealized Gains
     
    Gross Unrealized (Losses) (1)
     
    Fair Value
    U.S. Treasury securities and obligations of U.S. government corporations and agencies
     
    $
    167,655

     
    $
    597

     
    $
    (1,076
    )
     
    $
    167,176

    Obligations of U.S. states and political subdivisions
     
    1,701,826

     
    29,259

     
    (10,985
    )
     
    1,720,100

    Corporate debt securities
     
    2,439,173

     
    2,103

     
    (40,514
    )
     
    2,400,762

    ABS
     
    111,953

     
    226

     
    (146
    )
     
    112,033

    RMBS
     
    189,238

     
    32

     
    (10,309
    )
     
    178,961

    CMBS
     
    276,352

     
    888

     
    (9,580
    )
     
    267,660

    CLOs
     
    310,587

     
    2

     
    (5,294
    )
     
    305,295

    Total fixed income securities
     
    $
    5,196,784

     
    $
    33,107

     
    $
    (77,904
    )
     
    $
    5,151,987

    (1) 
    At September 30, 2019 and December 31, 2018, there were no other-than-temporary impairment losses recorded in other comprehensive income.

    The increase in gross unrealized gains and the decrease in gross unrealized losses in our fixed income securities from December 31, 2018 to September 30, 2019 were primarily caused by declines in interest rates during that period.

    We had $13.8 million and $13.5 million of investments at fair value on deposit with various states as of September 30, 2019 and December 31, 2018, respectively, due to regulatory requirements of those state insurance departments.

    The amortized cost and fair values of fixed income securities at September 30, 2019, by contractual maturity, are shown in table 7.2 below. Actual maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Because most ABS, RMBS, CMBS, and CLOs provide for periodic payments throughout their lives, they are listed in separate categories.
    Fixed income securities maturity schedule
    Table
    7.2
     
     
     
     
     
     
    September 30, 2019
    (In thousands)
     
    Amortized cost
     
    Fair Value
    Due in one year or less
     
    $
    372,478

     
    $
    373,388

    Due after one year through five years
     
    1,928,972

     
    1,966,387

    Due after five years through ten years
     
    1,001,486

     
    1,059,774

    Due after ten years
     
    1,100,219

     
    1,184,735

     
     
    4,403,155

     
    4,584,284

     
     
     
     
     
    ABS
     
    212,792

     
    215,546

    RMBS
     
    248,098

     
    246,457

    CMBS
     
    280,364

     
    286,812

    CLOs
     
    329,484

     
    327,893

    Total as of September 30, 2019
     
    $
    5,473,893

     
    $
    5,660,992



    Proceeds from sales of fixed income securities classified as available-for-sale were $201.4 million and $338.9 million during the nine months ended September 30, 2019 and 2018, respectively. Gross gains of $3.3 million and $5.3 million and gross losses of $0.7 million and $3.0 million were realized on those sales during the three and nine months ended September 30, 2019, respectively. Gross gains of $0.3 million and $0.4 million and gross losses of $2.3 million and $3.3 million were realized on those sales during the three and nine months ended September 30, 2018, respectively. During the nine months ended September 30, 2019, we recorded other-than-temporary impairment (“OTTI”) losses of $0.1 million. During the three and nine months ended September 30, 2018, we recorded OTTI losses of $0.5 million and $1.8 million, respectively.

    Equity securities
    The cost and fair value of investments in equity securities at September 30, 2019 and December 31, 2018 are shown in tables 7.3a and 7.3b below.
    Details of equity security investments as of September 30, 2019
    Table
    7.3a
     
     
     
     
     
     
     
     
    (In thousands)
     
    Cost
     
    Gross Gains
     
    Gross Losses
     
    Fair Value
    Equity securities
     
    $
    17,205

     
    $
    163

     
    $
    (8
    )
     
    $
    17,360

    Details of equity security investments as of December 31, 2018
    Table
    7.3b
     
     
     
     
     
     
     
     
    (In thousands)
     
    Cost
     
    Gross Gains
     
    Gross Losses
     
    Fair Value
    Equity securities
     
    $
    3,993

     
    $
    11

     
    $
    (72
    )
     
    $
    3,932



    For the three and nine months ended September 30, 2019, we recognized an insignificant amount and $0.2 million, respectively, of net gains on equity securities still held as of September 30, 2019. For the nine months ended September 30, 2018, we recognized $3.6 million of net gains on equity securities still held as of September 30, 2018.

    Other invested assets
    Other invested assets include an investment in Federal Home Loan Bank (“FHLB”) stock that is carried at cost, which due to its nature approximates fair value. Ownership of FHLB stock provides access to a secured lending facility, and our current FHLB Advance amount is secured by eligible collateral whose fair value is maintained at a minimum of 102% of the outstanding principal balance. As of September 30, 2019, that collateral consisted of fixed income securities included in our total investment portfolio, and cash and cash equivalents, with a total fair value of $165.4 million.

    Unrealized investment losses
    Tables 7.4a and 7.4b below summarize, for all available-for-sale investments in an unrealized loss position at September 30, 2019 and December 31, 2018, the aggregate fair value and gross unrealized loss by the length of time those securities have been continuously in an unrealized loss position. The fair value amounts reported in tables 7.4a and 7.4b are estimated using the process described in Note 8 - “Fair Value Measurements” to these consolidated financial statements and in Note 3 - “Significant Accounting Policies” of the notes to the consolidated financial statements in our 2018 Annual Report on Form 10-K.
    Unrealized loss aging for securities by type and length of time as of September 30, 2019
    Table
    7.4a
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Less Than 12 Months
     
    12 Months or Greater
     
    Total
    (In thousands)
     
    Fair Value
     
    Unrealized Losses
     
    Fair Value
     
    Unrealized Losses
     
    Fair Value
     
    Unrealized Losses
    U.S. Treasury securities and obligations of U.S. government corporations and agencies
     
    $
    25,284

     
    $
    (48
    )
     
    $
    7,364

     
    $
    (27
    )
     
    $
    32,648

     
    $
    (75
    )
    Obligations of U.S. states and political subdivisions
     
    4,965

     
    (467
    )
     
    10,007

     
    (27
    )
     
    14,972

     
    (494
    )
    Corporate debt securities
     
    135,541

     
    (2,818
    )
     
    78,842

     
    (333
    )
     
    214,383

     
    (3,151
    )
    ABS
     
    8,998

     
    (65
    )
     

     

     
    8,998

     
    (65
    )
    RMBS
     
    47,166

     
    (309
    )
     
    116,534

     
    (2,354
    )
     
    163,700

     
    (2,663
    )
    CMBS
     
    21,882

     
    (196
    )
     
    13,579

     
    (70
    )
     
    35,461

     
    (266
    )
    CLOs
     
    147,272

     
    (1,008
    )
     
    113,322

     
    (664
    )
     
    260,594

     
    (1,672
    )
    Total
     
    $
    391,108

     
    $
    (4,911
    )
     
    $
    339,648

     
    $
    (3,475
    )
     
    $
    730,756

     
    $
    (8,386
    )
    Unrealized loss aging for securities by type and length of time as of December 31, 2018
    Table
    7.4b
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Less Than 12 Months
     
    12 Months or Greater
     
    Total
    (In thousands)
     
    Fair Value
     
    Unrealized
     Losses
     
    Fair Value
     
    Unrealized
    Losses
     
    Fair Value
     
    Unrealized
     Losses
    U.S. Treasury securities and obligations of U.S. government corporations and agencies
     
    $
    23,710

     
    $
    (15
    )
     
    $
    69,146

     
    $
    (1,061
    )
     
    $
    92,856

     
    $
    (1,076
    )
    Obligations of U.S. states and political subdivisions
     
    316,655

     
    (3,875
    )
     
    358,086

     
    (7,110
    )
     
    674,741

     
    (10,985
    )
    Corporate debt securities
     
    1,272,279

     
    (18,130
    )
     
    785,627

     
    (22,384
    )
     
    2,057,906

     
    (40,514
    )
    ABS
     
    51,324

     
    (146
    )
     

     

     
    51,324

     
    (146
    )
    RMBS
     
    24

     

     
    178,573

     
    (10,309
    )
     
    178,597

     
    (10,309
    )
    CMBS
     
    65,704

     
    (1,060
    )
     
    163,272

     
    (8,520
    )
     
    228,976

     
    (9,580
    )
    CLOs
     
    296,497

     
    (5,294
    )
     

     

     
    296,497

     
    (5,294
    )
    Total
     
    $
    2,026,193

     
    $
    (28,520
    )
     
    $
    1,554,704

     
    $
    (49,384
    )
     
    $
    3,580,897

     
    $
    (77,904
    )


    The unrealized losses in all categories of our investments at September 30, 2019 and December 31, 2018 were primarily caused by changes in interest rates between the time of purchase and the respective fair value measurement date. There were 183 and 721 securities in an unrealized loss position at September 30, 2019 and December 31, 2018, respectively.
    XML 52 R10.htm IDEA: XBRL DOCUMENT v3.19.3
    Debt
    9 Months Ended
    Sep. 30, 2019
    Debt Disclosure [Abstract]  
    Debt Debt
    Debt obligations
    The par value of our long-term debt obligations and their aggregate carrying values as of September 30, 2019 and December 31, 2018 are presented in table 3.1 below.
    Long-term debt obligations
    Table
    3.1
     
     
     
     
    (In millions)
     
    September 30,
    2019
     
    December 31,
    2018
    FHLB Advance - 1.91%, due February 2023
     
    $
    155.0

     
    $
    155.0

    5.75% Notes, due August 2023 (par value: $425 million)
     
    420.6

     
    419.7

    9% Debentures, due April 2063 (1)
     
    256.9

     
    256.9

    Long-term debt, carrying value
     
    $
    832.5

     
    $
    831.6


    (1) 
    Convertible at any time prior to maturity at the holder’s option, at an initial conversion rate, which is subject to adjustment, of 74.0741 shares per $1,000 principal amount, representing an initial conversion price of approximately $13.50 per share. In the event of a cash dividend to all or substantially all holders of our common stock, the conversion rate shall be increased by multiplying the conversion rate in effect immediately prior to the ex-dividend date for such distribution by a fraction, (a) the numerator shall be the current market price of our common stock on the ex-dividend date; and (b) the denominator shall be the current market price of our common stock on the ex-dividend date less the amount by which the dividend per share exceeds $0.025. No adjustment in the conversion rate shall be required unless such adjustment would require an increase or decrease of at least one percent in such rate; provided that any such adjustments that are not required to be made shall be carried forward and such carry-forward adjustments shall be made, regardless of whether the aggregate adjustment is less than one percent at the end of each fiscal year, or in certain other circumstances. The conversion price per share is $1,000 divided by the conversion rate, and will change upon a change in the conversion rate. If a holder elects to convert its debentures, deferred interest owed on the debentures being converted is also converted into shares of our common stock. The conversion rate for any deferred interest is based on the average price that our shares traded at during a 5-day period immediately prior to the election to convert. In lieu of issuing shares of common stock upon conversion of the debentures, we may, at our option, make a cash payment to converting holders for all or some of the shares of our common stock otherwise issuable upon conversion.

    The 5.75% Senior Notes (“5.75% Notes”), 9% Convertible Junior Subordinated Debentures (“9% Debentures”) are obligations of our holding company, MGIC Investment Corporation, and not of its subsidiaries. The Federal Home Loan Bank Advance (the “FHLB Advance”) is an obligation of MGIC.

    In May 2019, we terminated our $175 million unsecured revolving credit facility. At the time of termination there were no amounts drawn on the credit facility. The unused portion of our revolving credit facility was subject to recurring commitment fees, which are reflected in interest payments.

    Interest payments
    Interest payments for the nine months ended September 30, 2019 and 2018 were $38.5 million and $38.8 million, respectively.
    XML 53 R18.htm IDEA: XBRL DOCUMENT v3.19.3
    Loss Reserves
    9 Months Ended
    Sep. 30, 2019
    Insurance Loss Reserves [Abstract]  
    Loss Reserves Loss Reserves
    We establish reserves to recognize the estimated liability for losses and loss adjustment expenses (“LAE”) related to defaults on insured mortgage loans. Loss reserves are established by estimating the number of loans in our inventory of delinquent loans that will result in a claim payment, which is referred to as the claim rate, and further estimating the amount of the claim payment, which is referred to as claim severity.

    Estimation of losses is inherently judgmental. The conditions that affect the claim rate and claim severity include the current and future state of the domestic economy, including unemployment and the current and future strength of local housing markets; exposure on insured loans; the amount of time between default and claim filing; and curtailments and rescissions. The actual amount of the claim payments may be substantially different than our loss reserve estimates. Our estimates could be adversely affected by several factors, including a deterioration of regional or national economic conditions, including unemployment, leading to a reduction in borrowers’ income and thus their ability to make mortgage payments, and a drop in housing values which may affect borrower willingness to continue to make mortgage payments when the value of the home is below the mortgage balance. Changes to our estimates could result in a material impact to our consolidated results of operations and financial position, even in a stable economic environment.

    The “Losses incurred” section of table 11.1 below shows losses incurred on delinquencies that occurred in the current year and in prior years. The amount of losses incurred relating to delinquencies that occurred in the current year represents the estimated amount to be ultimately paid on such delinquencies. The amount of losses incurred relating to delinquencies that occurred in prior years represents the difference between the actual claim rate and severity associated with those delinquencies resolved in the current year compared to the estimated claim rate and severity at the prior year-end, as well as a re-estimation of amounts to be ultimately paid on delinquencies continuing from the end of the prior year. This re-estimation of the claim rate and severity is the result of our review of current trends in the delinquent inventory, such as percentages of delinquencies that have resulted in a claim, the
    amount of the claims relative to the average loan exposure, changes in the relative level of delinquencies by geography and changes in average loan exposure.

    Losses incurred on delinquencies that occurred in the current year decreased in the first nine months of 2019 compared to the same period in 2018, due to a decrease in the estimated claim rate on delinquencies that occurred in the current year.

    For the nine months ended September 30, 2019 and 2018, we experienced favorable loss reserve development on previously received delinquencies. This was, in large part, due to the resolution of approximately 61% and 65%, respectively, of the prior year delinquent inventory, with lower claim rates due to improved cure rates. The favorable loss reserve development resulting from a reduction in the estimated claim rate was partially offset in the nine months ended September 30, 2019 by the recognition of a probable loss of $23.5 million related to litigation of our claims paying practices and an increase in our LAE reserves, and for the nine months ended September 30, 2018, by an increase in our severity assumption on previously received delinquencies and an increase in our LAE reserves.

    The “Losses paid” section of table 11.1 below shows the amount of losses paid on delinquencies that occurred in the current year and losses paid on delinquencies that occurred in prior years. For several years, the average time it took to receive a claim associated with a delinquency had increased significantly from our historical experience of approximately twelve months. This was, in part, due to new loss mitigation protocols established by servicers and to changes in some state foreclosure laws that may include, for example, a requirement for additional review and/or mediation processes. In recent quarters, we have experienced a decline in the average time servicers are utilizing to process foreclosures, which has reduced the average time to receive a claim associated with new delinquent notices that do not cure. All else being equal, the longer the period between delinquency and claim filing, the greater the severity.

    During the first nine months of 2019 and 2018, our losses paid included amounts paid upon commutation of coverage of pools of non-performing loans (“NPLs”). The impacts of these payments were as follows:
    2019 - 195 items were removed from the delinquent inventory with an amount paid of $4 million.
    2018 - 1,243 items were removed from the delinquent inventory with an amount paid of $40 million.
    Premium refunds
    Our estimate of premiums to be refunded on expected claim payments is accrued for separately in “Other Liabilities” on our consolidated balance sheets and approximated $31 million and $40 million at September 30, 2019 and December 31, 2018, respectively.


    Table 11.1 provides a reconciliation of beginning and ending loss reserves as of and for the nine months ended September 30, 2019 and 2018.
    Development of reserves for losses and loss adjustment expenses
    Table
    11.1
     
     
     
     
     
     
     
    Nine Months Ended September 30,
    (In thousands)
     
    2019
     
    2018
    Reserve at beginning of period
     
    $
    674,019

     
    $
    985,635

    Less reinsurance recoverable
     
    33,328

     
    48,474

    Net reserve at beginning of period
     
    640,691

     
    937,161

     
     
     
     
     
    Losses incurred:
     
     
     
     
    Losses and LAE incurred in respect of delinquency notices received in:
     
     
     
     
    Current year
     
    142,644

     
    155,808

    Prior years (1)
     
    (47,760
    )
     
    (146,931
    )
    Total losses incurred
     
    94,884

     
    8,877

     
     
     
     
     
    Losses paid:
     
     
     
     
    Losses and LAE paid in respect of delinquency notices received in:
     
     
     
     
    Current year
     
    980

     
    2,449

    Prior years
     
    165,844

     
    257,808

    Reinsurance terminations
     
    (13,980
    )
     
    (1,984
    )
    Total losses paid
     
    152,844

     
    258,273

    Net reserve at end of period
     
    582,731

     
    687,765

    Plus reinsurance recoverables
     
    19,566

     
    33,281

    Reserve at end of period
     
    $
    602,297

     
    $
    721,046

    (1) 
    A negative number for prior year losses incurred indicates a redundancy of prior year loss reserves. See the following table for more information about prior year loss development.

    The prior year development of the reserves in the first nine months of 2019 and 2018 is reflected in table 11.2 below.
    Reserve development on previously received delinquencies
    Table
    11.2
     
     
     
     
     
     
     
    Nine Months Ended September 30,
    (In millions)
     
    2019
     
    2018
    Decrease in estimated claim rate on primary defaults
     
    $
    (94
    )
     
    $
    (184
    )
    Increase in estimated severity on primary defaults
     
    2

     
    22

    Change in estimates related to pool reserves, LAE reserves, reinsurance, and other
     
    44

     
    15

    Total prior year loss development (1)
     
    $
    (48
    )
     
    $
    (147
    )
    (1) 
    A negative number for prior year loss development indicates a redundancy of prior year loss reserves.

    Delinquent inventory
    A rollforward of our primary delinquent inventory for the three and nine months ended September 30, 2019 and 2018 appears in table 11.3 below. The information concerning new notices and cures is compiled from monthly reports received from loan servicers. The level of new notice and cure activity reported in a particular month can be influenced by, among other things, the date on which a servicer generates its report, the accuracy of the data provided by servicers, the number of business days in a month, transfers of servicing between loan servicers and whether all servicers have provided the reports in a given month.
    Delinquent inventory rollforward
     
     
     
     
    Table
    11.3
     
     
     
     
     
     
     
     
     
     
    Three Months Ended September 30,
     
    Nine Months Ended September 30,
     
     
    2019
     
    2018
     
    2019
     
    2018
    Delinquent inventory at beginning of period
     
    29,795

     
    36,037

     
    32,898

     
    46,556

    New notices
     
    14,019

     
    13,569

     
    40,545

     
    40,351

    Cures
     
    (12,592
    )
     
    (14,197
    )
     
    (39,822
    )
     
    (47,620
    )
    Paid claims
     
    (1,045
    )
     
    (1,374
    )
     
    (3,345
    )
     
    (4,446
    )
    Rescissions and denials
     
    (42
    )
     
    (56
    )
     
    (141
    )
     
    (200
    )
    Other items removed from inventory
     
    (195
    )
     
    (581
    )
     
    (195
    )
     
    (1,243
    )
    Delinquent inventory at end of period
     
    29,940

     
    33,398

     
    29,940

     
    33,398



    When compared to the prior year periods, the decrease in the primary delinquent inventory experienced during the three and nine months ended September 30, 2019 and 2018 was generally across all markets and primarily in book years 2008 and prior. New notices increased in the three and nine months ended September 2019 when compared to the same periods of 2018 primarily due to our larger, more recent book years entering their expected peak loss years, and an overall increase in our insurance in force and policies in force. New notice activity in the three months ended September 30, 2019 exceeded the reductions to our delinquent inventory resulting in a slight increase in our delinquent inventory from June 30, 2019.

    Table 11.4 below shows the number of consecutive months a borrower is delinquent. Historically as a delinquency ages it becomes more likely to result in a claim.
    Primary delinquent inventory - consecutive months delinquent
    Table
    11.4
     
     
     
     
    September 30, 2019
    December 31, 2018
    September 30, 2018
    3 months or less
    9,462

    9,829

    9,484

    4-11 months
    9,082

    9,655

    9,564

    12 months or more (1)
    11,396

    13,414

    14,350

    Total
    29,940

    32,898

    33,398

    3 months or less
    32
    %
    30
    %
    28
    %
    4-11 months
    30
    %
    29
    %
    29
    %
    12 months or more
    38
    %
    41
    %
    43
    %
    Total
    100
    %
    100
    %
    100
    %
    Primary claims received inventory included in ending delinquent inventory
    557

    809

    766

    (1) 
    Approximately 36%, 38%, and 39% of the primary delinquent inventory delinquent for 12 consecutive months or more has been delinquent for at least 36 consecutive months as of September 30, 2019, December 31, 2018, and September 30, 2018, respectively.

    Claims paying practices
    Our loss reserving methodology incorporates our estimates of future rescissions and curtailments. A variance between ultimate actual rescission and curtailment rates and our estimates, as a result of the outcome of litigation, settlements or other factors, could materially affect our losses. Our estimate of premiums to be refunded on expected future rescissions is accrued for separately and is included in “Other liabilities” on our consolidated balance sheets. For information about discussions and legal proceedings with customers with respect to our claims paying practices see Note 5 – “Litigation and Contingencies.”
    XML 54 R56.htm IDEA: XBRL DOCUMENT v3.19.3
    Statutory Information (Details)
    $ in Millions
    3 Months Ended 9 Months Ended
    Sep. 30, 2019
    USD ($)
    jurisdiction
    Jun. 30, 2019
    USD ($)
    Mar. 31, 2019
    USD ($)
    Sep. 30, 2019
    USD ($)
    jurisdiction
    Statutory capital requirements [Abstract]        
    Number of jurisdictions with risk-to-capital requirements (in jurisdictions) | jurisdiction 16     16
    Maximum permitted risk-to-capital ratio commonly applied       25 to 1
    Risk to capital ratio of combined insurance operations, including reinsurance affiliates, at end of period       9.8 to 1
    Risk-to-capital ratio for combined insurance operations 9.8     9.8
    Purchases of tax and loss bonds       $ 126
    Percentage of statutory policyholders surplus used to determine maximum allowable dividends (as a percent) 10.00%     10.00%
    Mortgage Guaranty Insurance Corporation        
    Statutory capital requirements [Abstract]        
    Maximum risk-to-capital ratio       25
    Risk to capital ratio at end of period       9.9 to 1
    Risk-to-capital ratio 9.9     9.9
    Amount of policyholders position above or below required MPP $ 2,900     $ 2,900
    Amount of required MPP 1,600     $ 1,600
    Dividends paid to the parent company $ 70 $ 70 $ 70  
    Adjusted statutory net income measurement period (in years)       3 years
    Adjusted statutory net income dividend payment measurement period (in years)       2 years
    XML 55 R52.htm IDEA: XBRL DOCUMENT v3.19.3
    Loss Reserves - Reconciliation of Beginning and Ending Balances (Details) - USD ($)
    $ in Thousands
    9 Months Ended
    Sep. 30, 2019
    Sep. 30, 2018
    Loss Reserve [Roll Forward]    
    Reserve at beginning of period $ 674,019 $ 985,635
    Less reinsurance recoverable 33,328 48,474
    Net reserve at beginning of period 640,691 937,161
    Losses and LAE incurred in respect of delinquency notices received in:    
    Current year 142,644 155,808
    Prior years (47,760) (146,931)
    Total losses incurred 94,884 8,877
    Losses and LAE paid in respect of delinquency notices received in:    
    Current year 980 2,449
    Prior years 165,844 257,808
    Reinsurance terminations (13,980) (1,984)
    Total losses paid 152,844 258,273
    Net reserve at end of period 582,731 687,765
    Plus reinsurance recoverables 19,566 33,281
    Reserve at end of period $ 602,297 $ 721,046
    XML 56 R9.htm IDEA: XBRL DOCUMENT v3.19.3
    Significant Accounting Policies
    9 Months Ended
    Sep. 30, 2019
    New Accounting Pronouncements and Changes in Accounting Principles [Abstract]  
    Significant Accounting Policies Significant Accounting Policies
    Income taxes
    Deferred income taxes are provided under the liability method, which recognizes the future tax effects of temporary differences between amounts reported in the consolidated financial statements and the tax bases of these items. The estimated tax effects are computed at the enacted federal statutory income tax rate. Changes in tax laws, rates, regulations, and policies or the final determination of tax audits or examinations, could materially affect our estimates and can be significant to our operating results. We evaluate the realizability of the deferred tax assets based on the weight of all available positive and negative evidence. Deferred tax assets are reduced by a valuation allowance if it is more likely than not that all or some portion of the deferred tax assets will not be realized.

    The recognition of a tax position is determined using a two-step approach. The first step applies a more-likely-than-not threshold for recognition and derecognition. The second step measures the tax position as the greatest amount of benefit that is cumulatively greater than 50% likely to be realized. When evaluating a tax position for recognition and measurement, we presume that the tax position will be examined by the relevant taxing authority that has full knowledge of all relevant information. We recognize interest accrued and penalties related to unrecognized tax benefits in our provision for income taxes.

    Federal tax law permits mortgage guaranty insurance companies to deduct from taxable income, subject to certain limitations, the amounts added to contingency loss reserves that are recorded for regulatory purposes. The amounts we deduct must generally be included in taxable income in the tenth subsequent year. The deduction is allowed only to the extent that we purchase and hold U.S. government non-interest-bearing tax and loss bonds in an amount equal to the tax benefit attributable to the deduction. We account for these purchases as a payment of current federal income tax.

    Recent accounting and reporting developments
    Accounting standards effective in 2019, or early adopted, and relevant to our financial statements
    Accounting Standard Update (“ASU”) 2016-02 - Leases
    In February 2016, the Financial Accounting Standards Board (“FASB”) amended the previous leasing standard and created ASC 842, Leases. ASC 842 requires a lessee to recognize a right-of-use asset and lease liability for substantially all leases. Effective for the quarter ended March 31, 2019, we adopted the updated guidance for leases and also elected to apply all practical expedients applicable to us in the updated guidance for transition of leases in effect at adoption. The adoption of the updated guidance resulted in the recognition of an immaterial right-of-use asset as part of other assets and a lease liability as part of other liabilities in the consolidated balance sheet. The adoption of the updated guidance did not have a material effect on our consolidated results of operations or liquidity. Our minimum future operating lease payments as of September 30, 2019 totaled $2.0 million.

    Prospective Accounting Standards
    Table 2.1 shows the relevant new amendments to accounting standards, which are not yet effective or adopted.
    Standard / Interpretation
    Table
    2.1
     
     
     
     
     
     
    Amended Standards
    Effective date
    ASC 326
    Financial Instruments - Credit Losses
     
     
    ASU 2016-13 - Measurement of Credit Losses on Financial Instruments
    January 1, 2020
    ASC 820
    Fair Value Measurement
     
     
    ASU 2018-13 - Changes to the Disclosure Requirements for Fair Value Measurements
    January 1, 2020
    ASC 715
    Compensation - Retirement Benefits
     
     
    ASU 2018-14 - Changes to the Disclosure Requirements for Defined Benefit Plans
    January 1, 2021


    Measurement of Credit Losses on Financial Instruments
    In June 2016, the FASB issued updated guidance that requires immediate recognition of estimated credit losses expected to occur over the remaining life of many financial instruments. Entities will be required to incorporate their forecast of future economic conditions into their loss estimate unless such forecast is not reasonable and supportable, in which case the entity will revert to historical loss experience. The allowance for current expected credit losses (“CECL”) generally reduces the amortized cost basis of the financial instrument to the amount an entity expects to collect, however, credit losses relating to available-for-sale fixed maturity securities are to be recorded through an allowance for credit losses, with the amount of the allowance limited to the amount by which fair value is less than amortized cost. In addition, the length of time a security has been in an unrealized loss position will no longer impact the determination of whether a credit loss exists. The updated guidance is not prescriptive about certain aspects of estimating expected credit losses, including the specific methodology to use, and therefore will require significant judgment in application. The updated guidance is effective for annual periods beginning after December 15, 2019, including interim periods
    within those annual periods. Early adoption is permitted for annual and interim periods in fiscal years beginning after December 15, 2018. In May 2019, the FASB amended this guidance to provide entities with an option to irrevocably elect the fair value option for eligible instruments in order to provide targeted transition relief that is intended to increase comparability of financial statement information for some entities that otherwise would have measured similar financial instruments using different measurement methodologies. The effective dates remain the same. We are currently evaluating the impacts the adoption of this guidance will have on our consolidated financial statements and disclosures, but do not expect it to have a material impact.

    Changes to the Disclosure Requirements for Fair Value Measurement
    In August 2018, the FASB issued updated guidance that changes the disclosure requirements for fair value measurements. The updated guidance removed the requirement to disclose the amount of and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy; the policy for timing of transfers between levels; and the valuation processes for Level 3 fair value measurements. The updated guidance clarifies that the measurement uncertainty disclosure is to communicate information about the uncertainty in measurements as of the reporting date. Further, the updated guidance will require disclosure of changes in unrealized gains and losses for the period included in other comprehensive income for recurring Level 3 fair value measurements held at the end of the reporting period; and the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements. The updated guidance is effective for annual periods beginning after December 15, 2019, including interim periods within those annual periods. An entity is permitted to early adopt any guidance that removed or modified disclosures upon issuance of this update and to delay adoption of the additional disclosures until its effective date. We are currently evaluating the impacts the adoption of this guidance will have on our consolidated financial statement disclosures, but do not expect it to have a material impact.

    Changes to the Disclosure Requirements for Defined Benefit Plans
    In August 2018, the FASB issued amendments to modify the disclosure requirements for defined benefit plans. The updated guidance removed the requirements to identify amounts that are expected to be reclassified out of accumulated other comprehensive income and recognized as components of net periodic benefit cost in the coming year and the effects of a one-percentage-point change in assumed health care cost trend rates on service and interest cost and on the postretirement benefit obligation. The updated guidance added disclosures for the weighted-average interest crediting rates for cash balance plans and other plans with interest crediting rates and explanations for significant gains and losses related to changes in the benefit obligation for the period. The updated guidance is effective for annual periods beginning after December 15, 2020. Early adoption is permitted. An entity should apply the amendments on a retrospective basis to all periods presented. We are currently evaluating the impacts the adoption of this guidance will have on our consolidated financial statement disclosures, but do not expect it to have a material impact.
    XML 57 R1.htm IDEA: XBRL DOCUMENT v3.19.3
    Document and Entity Information - shares
    9 Months Ended
    Sep. 30, 2019
    Nov. 01, 2019
    Cover page.    
    Document Type 10-Q  
    Document Quarterly Report true  
    Document Period End Date Sep. 30, 2019  
    Document Transition Report false  
    Entity File Number 1-10816  
    Entity Registrant Name MGIC Investment Corp  
    Entity Incorporation, State or Country Code WI  
    Entity Tax Identification Number 39-1486475  
    Entity Address, Address Line One 250 E. Kilbourn Avenue  
    Entity Address, City or Town Milwaukee,  
    Entity Address, State or Province WI  
    Entity Address, Postal Zip Code 53202  
    City Area Code (414)  
    Local Phone Number 347-6480  
    Title of each class Common stock  
    Trading Symbol MTG  
    Security Exchange Name NYSE  
    Entity Current Reporting Status Yes  
    Entity Interactive Data Current Yes  
    Entity Filer Category Large Accelerated Filer  
    Entity Small Business false  
    Entity Emerging Growth Company false  
    Entity Shell Company false  
    Entity Common Stock, Shares Outstanding   348,709,277
    Entity Central Index Key 0000876437  
    Current Fiscal Year End Date --12-31  
    Document Fiscal Year Focus 2019  
    Document Fiscal Period Focus Q3  
    Amendment Flag false  
    XML 58 R5.htm IDEA: XBRL DOCUMENT v3.19.3
    CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
    $ in Thousands
    3 Months Ended 9 Months Ended
    Sep. 30, 2019
    Sep. 30, 2018
    Sep. 30, 2019
    Sep. 30, 2018
    Statement of Comprehensive Income [Abstract]        
    Net income $ 176,934 $ 181,900 $ 496,653 $ 512,351
    Other comprehensive income (loss), net of tax:        
    Change in unrealized investment gains and losses 31,372 (12,077) 183,197 (86,452)
    Benefit plan adjustments 1,600 440 4,799 1,322
    Other comprehensive income (loss), net of tax 32,972 (11,637) 187,996 (85,130)
    Comprehensive income $ 209,906 $ 170,263 $ 684,649 $ 427,221
    XML 59 R43.htm IDEA: XBRL DOCUMENT v3.19.3
    Investments - Amortized Cost and Fair Values of Debt Securities (Details) - USD ($)
    $ in Thousands
    Sep. 30, 2019
    Dec. 31, 2018
    Amortized cost    
    Due in one year or less $ 372,478  
    Due after one year through five years 1,928,972  
    Due after five years through ten years 1,001,486  
    Due after ten years 1,100,219  
    Total debt securities with single maturity date, amortized cost 4,403,155  
    Amortized Cost 5,473,893 $ 5,196,784
    Fair Value    
    Due in one year or less 373,388  
    Due after one year through five years 1,966,387  
    Due after five years through ten years 1,059,774  
    Due after ten years 1,184,735  
    Total debt securities with single maturity date, fair value 4,584,284  
    Total at end of period 5,660,992 5,151,987
    Asset backed securities (“ABS”)    
    Amortized cost    
    Total debt securities without single maturity date, amortized cost 212,792  
    Amortized Cost 212,792 111,953
    Fair Value    
    Total debt securities without single maturity date, fair value 215,546  
    Total at end of period 215,546 112,033
    Residential mortgage backed securities (“RMBS”)    
    Amortized cost    
    Total debt securities without single maturity date, amortized cost 248,098  
    Amortized Cost 248,098 189,238
    Fair Value    
    Total debt securities without single maturity date, fair value 246,457  
    Total at end of period 246,457 178,961
    Commercial mortgage backed securities (“CMBS”)    
    Amortized cost    
    Total debt securities without single maturity date, amortized cost 280,364  
    Amortized Cost 280,364 276,352
    Fair Value    
    Total debt securities without single maturity date, fair value 286,812  
    Total at end of period 286,812 267,660
    Collateralized loan obligations (“CLOs”)    
    Amortized cost    
    Total debt securities without single maturity date, amortized cost 329,484  
    Amortized Cost 329,484 310,587
    Fair Value    
    Total debt securities without single maturity date, fair value 327,893  
    Total at end of period $ 327,893 $ 305,295
    XML 60 R47.htm IDEA: XBRL DOCUMENT v3.19.3
    Fair Value Measurements - Unobservable Input Reconciliation (Details) - USD ($)
    $ in Thousands
    3 Months Ended 9 Months Ended
    Sep. 30, 2019
    Sep. 30, 2018
    Sep. 30, 2019
    Sep. 30, 2018
    Total Investments        
    Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
    Balance at beginning of period $ 0 $ 1,360 $ 13 $ 4,539
    Transfers out of Level 3       (3,100)
    Purchases 0 0 0 0
    Sales 0 (115) (13) (194)
    Included in earnings and reported as losses incurred, net 0 0 0 0
    Included in earnings and reported as net realized investment gains   3,663   3,663
    Balance at end of period 0 4,908 0 4,908
    Fixed income        
    Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
    Balance at beginning of period 0 192 13 271
    Transfers out of Level 3       0
    Purchases 0 0 0 0
    Sales 0 (115) (13) (194)
    Included in earnings and reported as losses incurred, net 0 0 0 0
    Included in earnings and reported as net realized investment gains   0   0
    Balance at end of period 0 77 0 77
    Equity securities        
    Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
    Balance at beginning of period 0 1,168 0 4,268
    Transfers out of Level 3       (3,100)
    Purchases 0 0 0 0
    Sales 0 0 0 0
    Included in earnings and reported as losses incurred, net 0 0 0 0
    Included in earnings and reported as net realized investment gains   3,663   3,663
    Balance at end of period 0 4,831 0 4,831
    Real Estate Acquired        
    Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
    Balance at beginning of period 10,250 13,321 14,535 12,713
    Transfers out of Level 3       0
    Purchases 4,681 7,979 19,872 24,742
    Sales (7,173) (8,511) (26,197) (24,012)
    Included in earnings and reported as losses incurred, net 21 (450) (431) (1,104)
    Included in earnings and reported as net realized investment gains   0   0
    Balance at end of period $ 7,779 $ 12,339 $ 7,779 $ 12,339
    XML 61 R26.htm IDEA: XBRL DOCUMENT v3.19.3
    Earnings per Share (Tables)
    9 Months Ended
    Sep. 30, 2019
    Earnings Per Share [Abstract]  
    Calculation of earnings (loss) per share
    Table 6.1 reconciles the numerators and denominators used to calculate basic and diluted EPS.
    Earnings per share
    Table
    6.1
     
     
     
     
     
     
     
     
     
     
     
    Three Months Ended September 30,
     
    Nine Months Ended September 30,
    (In thousands, except per share data)
     
    2019
     
    2018
     
    2019
     
    2018
    Basic earnings per share:
     
     
     
     
     
     
     
     
    Net income
     
    $
    176,934

     
    $
    181,900

     
    $
    496,653

     
    $
    512,351

    Weighted average common shares outstanding - basic
     
    351,475

     
    362,180

     
    354,272

     
    367,190

    Basic earnings per share
     
    $
    0.50

     
    $
    0.50

     
    $
    1.40

     
    $
    1.40

     
     
     
     
     
     
     
     
     
    Diluted earnings per share:
     
     
     
     
     
     
     
    Net income
     
    $
    176,934

     
    $
    181,900

     
    $
    496,653

     
    $
    512,351

    Interest expense, net of tax (1):
     
     
     
     
     
     
     
     
    9% Debentures
     
    4,566

     
    4,566

     
    13,698

     
    13,698

    Diluted income available to common shareholders
     
    $
    181,500

     
    $
    186,466

     
    $
    510,351

     
    $
    526,049

     
     
     
     
     
     
     
     
     
    Weighted average common shares outstanding - basic
     
    351,475

     
    362,180

     
    354,272

     
    367,190

    Effect of dilutive securities:
     
     
     
     
     
     
     
     
    Unvested RSUs
     
    2,072

     
    1,697

     
    1,966

     
    1,547

    9% Debentures
     
    19,028

     
    19,028

     
    19,028

     
    19,028

    Weighted average common shares outstanding - diluted
     
    372,575

     
    382,905

     
    375,266

     
    387,765

    Diluted earnings per share
     
    $
    0.49

     
    $
    0.49

     
    $
    1.36

     
    $
    1.36


    (1) 
    The periods ended September 30, 2019 and 2018 were tax-effected at a rate of 21%.
    XML 62 R22.htm IDEA: XBRL DOCUMENT v3.19.3
    Significant Accounting Policies (Policies)
    9 Months Ended
    Sep. 30, 2019
    New Accounting Pronouncements and Changes in Accounting Principles [Abstract]  
    Income taxes
    Income taxes
    Deferred income taxes are provided under the liability method, which recognizes the future tax effects of temporary differences between amounts reported in the consolidated financial statements and the tax bases of these items. The estimated tax effects are computed at the enacted federal statutory income tax rate. Changes in tax laws, rates, regulations, and policies or the final determination of tax audits or examinations, could materially affect our estimates and can be significant to our operating results. We evaluate the realizability of the deferred tax assets based on the weight of all available positive and negative evidence. Deferred tax assets are reduced by a valuation allowance if it is more likely than not that all or some portion of the deferred tax assets will not be realized.

    The recognition of a tax position is determined using a two-step approach. The first step applies a more-likely-than-not threshold for recognition and derecognition. The second step measures the tax position as the greatest amount of benefit that is cumulatively greater than 50% likely to be realized. When evaluating a tax position for recognition and measurement, we presume that the tax position will be examined by the relevant taxing authority that has full knowledge of all relevant information. We recognize interest accrued and penalties related to unrecognized tax benefits in our provision for income taxes.

    Federal tax law permits mortgage guaranty insurance companies to deduct from taxable income, subject to certain limitations, the amounts added to contingency loss reserves that are recorded for regulatory purposes. The amounts we deduct must generally be included in taxable income in the tenth subsequent year. The deduction is allowed only to the extent that we purchase and hold U.S. government non-interest-bearing tax and loss bonds in an amount equal to the tax benefit attributable to the deduction. We account for these purchases as a payment of current federal income tax.

    Prospective Accounting Standards
    Recent accounting and reporting developments
    Accounting standards effective in 2019, or early adopted, and relevant to our financial statements
    Accounting Standard Update (“ASU”) 2016-02 - Leases
    In February 2016, the Financial Accounting Standards Board (“FASB”) amended the previous leasing standard and created ASC 842, Leases. ASC 842 requires a lessee to recognize a right-of-use asset and lease liability for substantially all leases. Effective for the quarter ended March 31, 2019, we adopted the updated guidance for leases and also elected to apply all practical expedients applicable to us in the updated guidance for transition of leases in effect at adoption. The adoption of the updated guidance resulted in the recognition of an immaterial right-of-use asset as part of other assets and a lease liability as part of other liabilities in the consolidated balance sheet. The adoption of the updated guidance did not have a material effect on our consolidated results of operations or liquidity. Our minimum future operating lease payments as of September 30, 2019 totaled $2.0 million.

    Prospective Accounting Standards
    Table 2.1 shows the relevant new amendments to accounting standards, which are not yet effective or adopted.
    Standard / Interpretation
    Table
    2.1
     
     
     
     
     
     
    Amended Standards
    Effective date
    ASC 326
    Financial Instruments - Credit Losses
     
     
    ASU 2016-13 - Measurement of Credit Losses on Financial Instruments
    January 1, 2020
    ASC 820
    Fair Value Measurement
     
     
    ASU 2018-13 - Changes to the Disclosure Requirements for Fair Value Measurements
    January 1, 2020
    ASC 715
    Compensation - Retirement Benefits
     
     
    ASU 2018-14 - Changes to the Disclosure Requirements for Defined Benefit Plans
    January 1, 2021


    Measurement of Credit Losses on Financial Instruments
    In June 2016, the FASB issued updated guidance that requires immediate recognition of estimated credit losses expected to occur over the remaining life of many financial instruments. Entities will be required to incorporate their forecast of future economic conditions into their loss estimate unless such forecast is not reasonable and supportable, in which case the entity will revert to historical loss experience. The allowance for current expected credit losses (“CECL”) generally reduces the amortized cost basis of the financial instrument to the amount an entity expects to collect, however, credit losses relating to available-for-sale fixed maturity securities are to be recorded through an allowance for credit losses, with the amount of the allowance limited to the amount by which fair value is less than amortized cost. In addition, the length of time a security has been in an unrealized loss position will no longer impact the determination of whether a credit loss exists. The updated guidance is not prescriptive about certain aspects of estimating expected credit losses, including the specific methodology to use, and therefore will require significant judgment in application. The updated guidance is effective for annual periods beginning after December 15, 2019, including interim periods
    within those annual periods. Early adoption is permitted for annual and interim periods in fiscal years beginning after December 15, 2018. In May 2019, the FASB amended this guidance to provide entities with an option to irrevocably elect the fair value option for eligible instruments in order to provide targeted transition relief that is intended to increase comparability of financial statement information for some entities that otherwise would have measured similar financial instruments using different measurement methodologies. The effective dates remain the same. We are currently evaluating the impacts the adoption of this guidance will have on our consolidated financial statements and disclosures, but do not expect it to have a material impact.

    Changes to the Disclosure Requirements for Fair Value Measurement
    In August 2018, the FASB issued updated guidance that changes the disclosure requirements for fair value measurements. The updated guidance removed the requirement to disclose the amount of and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy; the policy for timing of transfers between levels; and the valuation processes for Level 3 fair value measurements. The updated guidance clarifies that the measurement uncertainty disclosure is to communicate information about the uncertainty in measurements as of the reporting date. Further, the updated guidance will require disclosure of changes in unrealized gains and losses for the period included in other comprehensive income for recurring Level 3 fair value measurements held at the end of the reporting period; and the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements. The updated guidance is effective for annual periods beginning after December 15, 2019, including interim periods within those annual periods. An entity is permitted to early adopt any guidance that removed or modified disclosures upon issuance of this update and to delay adoption of the additional disclosures until its effective date. We are currently evaluating the impacts the adoption of this guidance will have on our consolidated financial statement disclosures, but do not expect it to have a material impact.

    Changes to the Disclosure Requirements for Defined Benefit Plans
    In August 2018, the FASB issued amendments to modify the disclosure requirements for defined benefit plans. The updated guidance removed the requirements to identify amounts that are expected to be reclassified out of accumulated other comprehensive income and recognized as components of net periodic benefit cost in the coming year and the effects of a one-percentage-point change in assumed health care cost trend rates on service and interest cost and on the postretirement benefit obligation. The updated guidance added disclosures for the weighted-average interest crediting rates for cash balance plans and other plans with interest crediting rates and explanations for significant gains and losses related to changes in the benefit obligation for the period. The updated guidance is effective for annual periods beginning after December 15, 2020. Early adoption is permitted. An entity should apply the amendments on a retrospective basis to all periods presented. We are currently evaluating the impacts the adoption of this guidance will have on our consolidated financial statement disclosures, but do not expect it to have a material impact.
    XML 63 FilingSummary.xml IDEA: XBRL DOCUMENT 3.19.3 html 279 375 1 false 52 0 false 7 false false R1.htm 0001000 - Document - Document and Entity Information Sheet http://www.mgic.com/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 1001000 - Statement - CONSOLIDATED BALANCE SHEETS Sheet http://www.mgic.com/role/ConsolidatedBalanceSheets CONSOLIDATED BALANCE SHEETS Statements 2 false false R3.htm 1001501 - Statement - CONSOLIDATED BALANCE SHEETS (Parenthetical) Sheet http://www.mgic.com/role/ConsolidatedBalanceSheetsParenthetical CONSOLIDATED BALANCE SHEETS (Parenthetical) Statements 3 false false R4.htm 1002000 - Statement - CONSOLIDATED STATEMENTS OF OPERATIONS Sheet http://www.mgic.com/role/ConsolidatedStatementsOfOperations CONSOLIDATED STATEMENTS OF OPERATIONS Statements 4 false false R5.htm 1003000 - Statement - CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME Sheet http://www.mgic.com/role/ConsolidatedStatementsOfComprehensiveIncome CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME Statements 5 false false R6.htm 1004000 - Statement - CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY Sheet http://www.mgic.com/role/ConsolidatedStatementsOfShareholdersEquity CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY Statements 6 false false R7.htm 1005000 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS Sheet http://www.mgic.com/role/ConsolidatedStatementsOfCashFlows CONSOLIDATED STATEMENTS OF CASH FLOWS Statements 7 false false R8.htm 2101100 - Disclosure - Nature of Business and Basis of Presentation Sheet http://www.mgic.com/role/NatureOfBusinessAndBasisOfPresentation Nature of Business and Basis of Presentation Notes 8 false false R9.htm 2102100 - Disclosure - Significant Accounting Policies Sheet http://www.mgic.com/role/SignificantAccountingPolicies Significant Accounting Policies Notes 9 false false R10.htm 2103100 - Disclosure - Debt Sheet http://www.mgic.com/role/Debt Debt Notes 10 false false R11.htm 2104100 - Disclosure - Reinsurance Sheet http://www.mgic.com/role/Reinsurance Reinsurance Notes 11 false false R12.htm 2105100 - Disclosure - Litigation and Contingencies Sheet http://www.mgic.com/role/LitigationAndContingencies Litigation and Contingencies Notes 12 false false R13.htm 2106100 - Disclosure - Earnings per Share Sheet http://www.mgic.com/role/EarningsPerShare Earnings per Share Notes 13 false false R14.htm 2107100 - Disclosure - Investments Sheet http://www.mgic.com/role/Investments Investments Notes 14 false false R15.htm 2108100 - Disclosure - Fair Value Measurements Sheet http://www.mgic.com/role/FairValueMeasurements Fair Value Measurements Notes 15 false false R16.htm 2109100 - Disclosure - Other Comprehensive Income Sheet http://www.mgic.com/role/OtherComprehensiveIncome Other Comprehensive Income Notes 16 false false R17.htm 2110100 - Disclosure - Benefit Plans Sheet http://www.mgic.com/role/BenefitPlans Benefit Plans Notes 17 false false R18.htm 2112100 - Disclosure - Loss Reserves Sheet http://www.mgic.com/role/LossReserves Loss Reserves Notes 18 false false R19.htm 2114100 - Disclosure - Shareholders' Equity Sheet http://www.mgic.com/role/ShareholdersEquity Shareholders' Equity Notes 19 false false R20.htm 2115100 - Disclosure - Share-Based Compensation Sheet http://www.mgic.com/role/ShareBasedCompensation Share-Based Compensation Notes 20 false false R21.htm 2116100 - Disclosure - Statutory Information Sheet http://www.mgic.com/role/StatutoryInformation Statutory Information Notes 21 false false R22.htm 2202201 - Disclosure - Significant Accounting Policies (Policies) Sheet http://www.mgic.com/role/SignificantAccountingPoliciesPolicies Significant Accounting Policies (Policies) Policies http://www.mgic.com/role/SignificantAccountingPolicies 22 false false R23.htm 2302302 - Disclosure - Significant Accounting Policies Significant Accounting Policies (Tables) Sheet http://www.mgic.com/role/SignificantAccountingPoliciesSignificantAccountingPoliciesTables Significant Accounting Policies Significant Accounting Policies (Tables) Tables 23 false false R24.htm 2303301 - Disclosure - Debt (Tables) Sheet http://www.mgic.com/role/DebtTables Debt (Tables) Tables http://www.mgic.com/role/Debt 24 false false R25.htm 2304301 - Disclosure - Reinsurance (Tables) Sheet http://www.mgic.com/role/ReinsuranceTables Reinsurance (Tables) Tables http://www.mgic.com/role/Reinsurance 25 false false R26.htm 2306301 - Disclosure - Earnings per Share (Tables) Sheet http://www.mgic.com/role/EarningsPerShareTables Earnings per Share (Tables) Tables http://www.mgic.com/role/EarningsPerShare 26 false false R27.htm 2307301 - Disclosure - Investments (Tables) Sheet http://www.mgic.com/role/InvestmentsTables Investments (Tables) Tables http://www.mgic.com/role/Investments 27 false false R28.htm 2308301 - Disclosure - Fair Value Measurements (Tables) Sheet http://www.mgic.com/role/FairValueMeasurementsTables Fair Value Measurements (Tables) Tables http://www.mgic.com/role/FairValueMeasurements 28 false false R29.htm 2309301 - Disclosure - Other Comprehensive Income (Tables) Sheet http://www.mgic.com/role/OtherComprehensiveIncomeTables Other Comprehensive Income (Tables) Tables http://www.mgic.com/role/OtherComprehensiveIncome 29 false false R30.htm 2310301 - Disclosure - Benefit Plans (Tables) Sheet http://www.mgic.com/role/BenefitPlansTables Benefit Plans (Tables) Tables http://www.mgic.com/role/BenefitPlans 30 false false R31.htm 2312301 - Disclosure - Loss Reserves (Tables) Sheet http://www.mgic.com/role/LossReservesTables Loss Reserves (Tables) Tables http://www.mgic.com/role/LossReserves 31 false false R32.htm 2315301 - Disclosure - Share-Based Compensation (Tables) Sheet http://www.mgic.com/role/ShareBasedCompensationTables Share-Based Compensation (Tables) Tables http://www.mgic.com/role/ShareBasedCompensation 32 false false R33.htm 2402403 - Disclosure - Significant Accounting Policies Significant Accounting Policies (Details) Sheet http://www.mgic.com/role/SignificantAccountingPoliciesSignificantAccountingPoliciesDetails Significant Accounting Policies Significant Accounting Policies (Details) Details http://www.mgic.com/role/SignificantAccountingPoliciesSignificantAccountingPoliciesTables 33 false false R34.htm 2403402 - Disclosure - Debt - Summary of Debt Obligations (Details) Sheet http://www.mgic.com/role/DebtSummaryOfDebtObligationsDetails Debt - Summary of Debt Obligations (Details) Details 34 false false R35.htm 2403403 - Disclosure - Debt - Narrative (Details) Sheet http://www.mgic.com/role/DebtNarrativeDetails Debt - Narrative (Details) Details 35 false false R36.htm 2404402 - Disclosure - Reinsurance - Summary of Premiums Earned and Losses Incurred (Details) Sheet http://www.mgic.com/role/ReinsuranceSummaryOfPremiumsEarnedAndLossesIncurredDetails Reinsurance - Summary of Premiums Earned and Losses Incurred (Details) Details 36 false false R37.htm 2404403 - Disclosure - Reinsurance - Narrative (Details) Sheet http://www.mgic.com/role/ReinsuranceNarrativeDetails Reinsurance - Narrative (Details) Details 37 false false R38.htm 2404404 - Disclosure - Reinsurance - Summary of Quota Reinsurance Arrangements (Details) Sheet http://www.mgic.com/role/ReinsuranceSummaryOfQuotaReinsuranceArrangementsDetails Reinsurance - Summary of Quota Reinsurance Arrangements (Details) Details 38 false false R39.htm 2404405 - Disclosure - Reinsurance - Variable Interest Entity (Details) Sheet http://www.mgic.com/role/ReinsuranceVariableInterestEntityDetails Reinsurance - Variable Interest Entity (Details) Details 39 false false R40.htm 2405401 - Disclosure - Litigation and Contingencies (Details) Sheet http://www.mgic.com/role/LitigationAndContingenciesDetails Litigation and Contingencies (Details) Details http://www.mgic.com/role/LitigationAndContingencies 40 false false R41.htm 2406402 - Disclosure - Earnings per Share (Details) Sheet http://www.mgic.com/role/EarningsPerShareDetails Earnings per Share (Details) Details http://www.mgic.com/role/EarningsPerShareTables 41 false false R42.htm 2407402 - Disclosure - Investments (Details) Sheet http://www.mgic.com/role/InvestmentsDetails Investments (Details) Details http://www.mgic.com/role/InvestmentsTables 42 false false R43.htm 2407403 - Disclosure - Investments - Amortized Cost and Fair Values of Debt Securities (Details) Sheet http://www.mgic.com/role/InvestmentsAmortizedCostAndFairValuesOfDebtSecuritiesDetails Investments - Amortized Cost and Fair Values of Debt Securities (Details) Details 43 false false R44.htm 2407404 - Disclosure - Investments - Equity Securities (Details) Sheet http://www.mgic.com/role/InvestmentsEquitySecuritiesDetails Investments - Equity Securities (Details) Details 44 false false R45.htm 2407405 - Disclosure - Investments - Securities In Unrealized Loss Position (Details) Sheet http://www.mgic.com/role/InvestmentsSecuritiesInUnrealizedLossPositionDetails Investments - Securities In Unrealized Loss Position (Details) Details 45 false false R46.htm 2408402 - Disclosure - Fair Value Measurements (Details) Sheet http://www.mgic.com/role/FairValueMeasurementsDetails Fair Value Measurements (Details) Details http://www.mgic.com/role/FairValueMeasurementsTables 46 false false R47.htm 2408403 - Disclosure - Fair Value Measurements - Unobservable Input Reconciliation (Details) Sheet http://www.mgic.com/role/FairValueMeasurementsUnobservableInputReconciliationDetails Fair Value Measurements - Unobservable Input Reconciliation (Details) Details 47 false false R48.htm 2408404 - Disclosure - Fair Value Measurements - Assets and Liabilities Not Measured at Fair Value (Details) Sheet http://www.mgic.com/role/FairValueMeasurementsAssetsAndLiabilitiesNotMeasuredAtFairValueDetails Fair Value Measurements - Assets and Liabilities Not Measured at Fair Value (Details) Details 48 false false R49.htm 2409402 - Disclosure - Other Comprehensive Income (Details) Sheet http://www.mgic.com/role/OtherComprehensiveIncomeDetails Other Comprehensive Income (Details) Details http://www.mgic.com/role/OtherComprehensiveIncomeTables 49 false false R50.htm 2410402 - Disclosure - Benefit Plans (Details) Sheet http://www.mgic.com/role/BenefitPlansDetails Benefit Plans (Details) Details http://www.mgic.com/role/BenefitPlansTables 50 false false R51.htm 2412402 - Disclosure - Loss Reserves (Details) Sheet http://www.mgic.com/role/LossReservesDetails Loss Reserves (Details) Details http://www.mgic.com/role/LossReservesTables 51 false false R52.htm 2412403 - Disclosure - Loss Reserves - Reconciliation of Beginning and Ending Balances (Details) Sheet http://www.mgic.com/role/LossReservesReconciliationOfBeginningAndEndingBalancesDetails Loss Reserves - Reconciliation of Beginning and Ending Balances (Details) Details 52 false false R53.htm 2412404 - Disclosure - Loss Reserves - Delinquent Items (Details) Sheet http://www.mgic.com/role/LossReservesDelinquentItemsDetails Loss Reserves - Delinquent Items (Details) Details 53 false false R54.htm 2414401 - Disclosure - Shareholders' Equity (Details) Sheet http://www.mgic.com/role/ShareholdersEquityDetails Shareholders' Equity (Details) Details http://www.mgic.com/role/ShareholdersEquity 54 false false R55.htm 2415402 - Disclosure - Share-Based Compensation (Details) Sheet http://www.mgic.com/role/ShareBasedCompensationDetails Share-Based Compensation (Details) Details http://www.mgic.com/role/ShareBasedCompensationTables 55 false false R56.htm 2416401 - Disclosure - Statutory Information (Details) Sheet http://www.mgic.com/role/StatutoryInformationDetails Statutory Information (Details) Details http://www.mgic.com/role/StatutoryInformation 56 false false All Reports Book All Reports mtg-093019x10q.htm exhibit311q32019.htm exhibit312q32019.htm exhibit32q32019.htm exhibit99q319.htm mtg-20190930.xsd mtg-20190930_cal.xml mtg-20190930_def.xml mtg-20190930_lab.xml mtg-20190930_pre.xml chart-0ddaa16a6d175e06b4a.jpg chart-d4d587c140ec5b2b88d.jpg mgiclogoa05.jpg http://xbrl.sec.gov/dei/2019-01-31 http://fasb.org/srt/2019-01-31 http://fasb.org/us-gaap/2019-01-31 true true XML 64 mtg-093019x10q_htm.xml IDEA: XBRL DOCUMENT 0000876437 2019-01-01 2019-09-30 0000876437 2019-11-01 0000876437 2019-09-30 0000876437 2018-12-31 0000876437 2018-01-01 2018-09-30 0000876437 2018-07-01 2018-09-30 0000876437 2019-07-01 2019-09-30 0000876437 us-gaap:CommonStockMember 2019-07-01 2019-09-30 0000876437 us-gaap:CommonStockMember 2019-09-30 0000876437 us-gaap:AdditionalPaidInCapitalMember 2019-07-01 2019-09-30 0000876437 us-gaap:RetainedEarningsMember 2018-09-30 0000876437 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-06-30 0000876437 us-gaap:CommonStockMember 2017-12-31 0000876437 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-12-31 0000876437 us-gaap:TreasuryStockMember 2019-09-30 0000876437 us-gaap:AdditionalPaidInCapitalMember 2018-12-31 0000876437 us-gaap:RetainedEarningsMember 2017-12-31 0000876437 us-gaap:CommonStockMember 2018-09-30 0000876437 us-gaap:TreasuryStockMember 2018-01-01 2018-09-30 0000876437 us-gaap:RetainedEarningsMember 2018-07-01 2018-09-30 0000876437 us-gaap:AdditionalPaidInCapitalMember 2018-07-01 2018-09-30 0000876437 us-gaap:RetainedEarningsMember 2018-01-01 2018-09-30 0000876437 us-gaap:CommonStockMember 2018-07-01 2018-09-30 0000876437 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-09-30 0000876437 us-gaap:TreasuryStockMember 2017-12-31 0000876437 us-gaap:CommonStockMember 2019-06-30 0000876437 us-gaap:AdditionalPaidInCapitalMember 2017-12-31 0000876437 us-gaap:TreasuryStockMember 2018-06-30 0000876437 us-gaap:RetainedEarningsMember 2019-01-01 2019-09-30 0000876437 us-gaap:AdditionalPaidInCapitalMember 2018-06-30 0000876437 us-gaap:RetainedEarningsMember 2019-06-30 0000876437 us-gaap:TreasuryStockMember 2018-09-30 0000876437 us-gaap:AdditionalPaidInCapitalMember 2019-01-01 2019-09-30 0000876437 us-gaap:TreasuryStockMember 2019-01-01 2019-09-30 0000876437 us-gaap:TreasuryStockMember 2018-12-31 0000876437 us-gaap:RetainedEarningsMember 2019-07-01 2019-09-30 0000876437 us-gaap:RetainedEarningsMember 2019-09-30 0000876437 2018-09-30 0000876437 us-gaap:AdditionalPaidInCapitalMember 2018-01-01 2018-09-30 0000876437 us-gaap:CommonStockMember 2018-06-30 0000876437 us-gaap:AdditionalPaidInCapitalMember 2018-09-30 0000876437 us-gaap:AdditionalPaidInCapitalMember 2019-09-30 0000876437 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-01-01 2018-09-30 0000876437 us-gaap:RetainedEarningsMember 2018-12-31 0000876437 us-gaap:AdditionalPaidInCapitalMember 2019-06-30 0000876437 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-06-30 0000876437 us-gaap:RetainedEarningsMember 2018-06-30 0000876437 us-gaap:TreasuryStockMember 2019-07-01 2019-09-30 0000876437 us-gaap:CommonStockMember 2019-01-01 2019-09-30 0000876437 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-01-01 2019-09-30 0000876437 us-gaap:TreasuryStockMember 2018-07-01 2018-09-30 0000876437 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-07-01 2019-09-30 0000876437 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-07-01 2018-09-30 0000876437 us-gaap:TreasuryStockMember 2019-06-30 0000876437 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-09-30 0000876437 us-gaap:CommonStockMember 2018-12-31 0000876437 us-gaap:CommonStockMember 2018-01-01 2018-09-30 0000876437 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-12-31 0000876437 2017-12-31 0000876437 us-gaap:ConvertibleSubordinatedDebtMember 2019-09-30 0000876437 us-gaap:ConvertibleSubordinatedDebtMember 2019-01-01 2019-09-30 0000876437 2019-05-31 0000876437 mtg:FivePointSevenFivePercentSeniorNotesMember us-gaap:SeniorNotesMember 2019-09-30 0000876437 us-gaap:FederalHomeLoanBankAdvancesMember 2018-12-31 0000876437 us-gaap:ConvertibleSubordinatedDebtMember 2018-12-31 0000876437 mtg:FivePointSevenFivePercentSeniorNotesMember us-gaap:SeniorNotesMember 2018-12-31 0000876437 us-gaap:FederalHomeLoanBankAdvancesMember 2019-09-30 0000876437 mtg:HomeRe20181Member 2018-12-31 0000876437 mtg:HomeRe20191Member 2019-09-30 0000876437 mtg:HomeRe20181Member 2019-09-30 0000876437 mtg:QuotaShareReinsuranceAgreementsExcludingCaptivesMember 2018-07-01 2018-09-30 0000876437 mtg:QuotaShareReinsuranceAgreementsExcludingCaptivesMember 2019-07-01 2019-09-30 0000876437 mtg:QuotaShareReinsuranceAgreementsExcludingCaptivesMember 2018-01-01 2018-09-30 0000876437 mtg:QuotaShareReinsuranceAgreementsExcludingCaptivesMember 2019-01-01 2019-09-30 0000876437 mtg:HomeRespecialpurposeinsurersMember 2019-09-30 0000876437 mtg:HomeRe20191Member 2019-01-01 2019-09-30 0000876437 mtg:HomeRe20181Member 2019-01-01 2019-09-30 0000876437 mtg:HomeRespecialpurposeinsurersMember 2019-01-01 2019-09-30 0000876437 mtg:QuotaShareReinsuranceAgreement2015Member 2019-07-01 2019-09-30 0000876437 mtg:QuotaShareReinsuranceAgreement2019Member 2019-01-01 2019-09-30 0000876437 mtg:QuotaShareReinsuranceAgreementsExcludingCaptivesMember 2019-09-30 0000876437 mtg:QuotaShareReinsuranceAgreementsExcludingCaptivesMember 2018-12-31 0000876437 mtg:QuotaShareReinsuranceAgreement2015Member 2019-04-01 2019-06-30 0000876437 mtg:ExcessofLossReinsuranceAgreementHomeReMember 2019-01-01 2019-09-30 0000876437 mtg:QuotaShareReinsuranceAgreement2015Member 2019-06-30 2019-06-30 0000876437 mtg:ExcessofLossReinsuranceAgreementHomeReMember 2019-07-01 2019-09-30 0000876437 2019-01-01 2019-03-31 0000876437 2018-01-01 2018-12-31 0000876437 us-gaap:ConvertibleSubordinatedDebtMember 2019-07-01 2019-09-30 0000876437 us-gaap:ConvertibleSubordinatedDebtMember 2018-01-01 2018-09-30 0000876437 mtg:UnvestedRestrictedStockUnitsMember 2019-07-01 2019-09-30 0000876437 mtg:UnvestedRestrictedStockUnitsMember 2018-07-01 2018-09-30 0000876437 us-gaap:ConvertibleSubordinatedDebtMember 2018-07-01 2018-09-30 0000876437 mtg:UnvestedRestrictedStockUnitsMember 2018-01-01 2018-09-30 0000876437 mtg:UnvestedRestrictedStockUnitsMember 2019-01-01 2019-09-30 0000876437 us-gaap:CorporateDebtSecuritiesMember 2019-09-30 0000876437 us-gaap:ResidentialMortgageBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:CommercialMortgageBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:USStatesAndPoliticalSubdivisionsMember 2019-09-30 0000876437 us-gaap:CollateralizedLoanObligationsMember 2019-09-30 0000876437 us-gaap:USTreasuryAndGovernmentMember 2019-09-30 0000876437 us-gaap:AssetBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:DebtSecuritiesMember 2019-09-30 0000876437 us-gaap:DebtSecuritiesMember 2018-01-01 2018-09-30 0000876437 us-gaap:DebtSecuritiesMember 2019-07-01 2019-09-30 0000876437 us-gaap:DebtSecuritiesMember 2019-01-01 2019-09-30 0000876437 us-gaap:DebtSecuritiesMember 2018-07-01 2018-09-30 0000876437 us-gaap:CollateralizedLoanObligationsMember 2018-12-31 0000876437 us-gaap:ResidentialMortgageBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:AssetBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:CorporateDebtSecuritiesMember 2018-12-31 0000876437 us-gaap:CommercialMortgageBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:USTreasuryAndGovernmentMember 2018-12-31 0000876437 us-gaap:USStatesAndPoliticalSubdivisionsMember 2018-12-31 0000876437 us-gaap:DebtSecuritiesMember 2018-12-31 0000876437 us-gaap:InvestmentsMember 2018-12-31 0000876437 mtg:RealEstateAcquiredMember 2019-01-01 2019-09-30 0000876437 us-gaap:DebtSecuritiesMember 2019-01-01 2019-09-30 0000876437 us-gaap:EquitySecuritiesMember 2019-01-01 2019-09-30 0000876437 us-gaap:EquitySecuritiesMember 2018-12-31 0000876437 us-gaap:DebtSecuritiesMember 2018-12-31 0000876437 us-gaap:InvestmentsMember 2019-01-01 2019-09-30 0000876437 mtg:RealEstateAcquiredMember 2018-12-31 0000876437 us-gaap:DebtSecuritiesMember 2019-09-30 0000876437 us-gaap:EquitySecuritiesMember 2019-09-30 0000876437 us-gaap:InvestmentsMember 2019-09-30 0000876437 mtg:RealEstateAcquiredMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:USStatesAndPoliticalSubdivisionsMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:USTreasuryAndGovernmentMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:ResidentialMortgageBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:ResidentialMortgageBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:CorporateDebtSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:AssetBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:CommercialMortgageBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:USStatesAndPoliticalSubdivisionsMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel1Member 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member 2018-12-31 0000876437 us-gaap:FairValueInputsLevel3Member 2018-12-31 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:CollateralizedLoanObligationsMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:AssetBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:DebtSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:EquitySecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:DebtSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:EquitySecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:EquitySecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:AssetBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:CorporateDebtSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:CommercialMortgageBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:DebtSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:CommercialMortgageBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:CollateralizedLoanObligationsMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:CorporateDebtSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:CollateralizedLoanObligationsMember 2018-12-31 0000876437 us-gaap:EquitySecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:USTreasuryAndGovernmentMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:USStatesAndPoliticalSubdivisionsMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:ResidentialMortgageBackedSecuritiesMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:USTreasuryAndGovernmentMember 2018-12-31 0000876437 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2018-12-31 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2019-09-30 0000876437 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2018-12-31 0000876437 us-gaap:EquitySecuritiesMember 2019-07-01 2019-09-30 0000876437 us-gaap:InvestmentsMember 2019-07-01 2019-09-30 0000876437 mtg:RealEstateAcquiredMember 2019-07-01 2019-09-30 0000876437 us-gaap:DebtSecuritiesMember 2019-07-01 2019-09-30 0000876437 mtg:RealEstateAcquiredMember 2019-06-30 0000876437 us-gaap:InvestmentsMember 2019-06-30 0000876437 us-gaap:EquitySecuritiesMember 2019-06-30 0000876437 us-gaap:DebtSecuritiesMember 2019-06-30 0000876437 mtg:RealEstateAcquiredMember 2018-01-01 2018-09-30 0000876437 us-gaap:EquitySecuritiesMember 2018-01-01 2018-09-30 0000876437 us-gaap:EquitySecuritiesMember 2018-09-30 0000876437 us-gaap:DebtSecuritiesMember 2018-09-30 0000876437 us-gaap:DebtSecuritiesMember 2018-01-01 2018-09-30 0000876437 us-gaap:InvestmentsMember 2018-01-01 2018-09-30 0000876437 mtg:RealEstateAcquiredMember 2017-12-31 0000876437 us-gaap:EquitySecuritiesMember 2017-12-31 0000876437 us-gaap:DebtSecuritiesMember 2017-12-31 0000876437 us-gaap:InvestmentsMember 2018-09-30 0000876437 mtg:RealEstateAcquiredMember 2018-09-30 0000876437 us-gaap:InvestmentsMember 2017-12-31 0000876437 us-gaap:FairValueInputsLevel2Member 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member 2019-09-30 0000876437 us-gaap:FairValueInputsLevel1Member 2019-09-30 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:DebtSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:CommercialMortgageBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:AssetBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:USStatesAndPoliticalSubdivisionsMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:DebtSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:CollateralizedLoanObligationsMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:CollateralizedLoanObligationsMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:EquitySecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:ResidentialMortgageBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:EquitySecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:USTreasuryAndGovernmentMember 2019-09-30 0000876437 us-gaap:EquitySecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:AssetBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:CommercialMortgageBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:USStatesAndPoliticalSubdivisionsMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:USTreasuryAndGovernmentMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:ResidentialMortgageBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:USStatesAndPoliticalSubdivisionsMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:USTreasuryAndGovernmentMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:ResidentialMortgageBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:CollateralizedLoanObligationsMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:EquitySecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:CommercialMortgageBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:CorporateDebtSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:CorporateDebtSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel2Member us-gaap:CorporateDebtSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel1Member us-gaap:DebtSecuritiesMember 2019-09-30 0000876437 us-gaap:FairValueInputsLevel3Member us-gaap:AssetBackedSecuritiesMember 2019-09-30 0000876437 us-gaap:InvestmentsMember 2018-07-01 2018-09-30 0000876437 mtg:RealEstateAcquiredMember 2018-07-01 2018-09-30 0000876437 us-gaap:InvestmentsMember 2018-06-30 0000876437 us-gaap:EquitySecuritiesMember 2018-07-01 2018-09-30 0000876437 us-gaap:EquitySecuritiesMember 2018-06-30 0000876437 us-gaap:DebtSecuritiesMember 2018-07-01 2018-09-30 0000876437 us-gaap:DebtSecuritiesMember 2018-06-30 0000876437 mtg:RealEstateAcquiredMember 2018-06-30 0000876437 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2019-07-01 2019-09-30 0000876437 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2019-01-01 2019-09-30 0000876437 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2018-01-01 2018-09-30 0000876437 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2018-07-01 2018-09-30 0000876437 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2019-01-01 2019-09-30 0000876437 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2018-07-01 2018-09-30 0000876437 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2019-07-01 2019-09-30 0000876437 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2018-01-01 2018-09-30 0000876437 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2018-12-31 0000876437 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2019-09-30 0000876437 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2019-09-30 0000876437 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2018-12-31 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2018-01-01 2018-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2019-01-01 2019-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2019-07-01 2019-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2019-01-01 2019-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2018-07-01 2018-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2018-01-01 2018-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2019-07-01 2019-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2019-07-01 2019-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2019-01-01 2019-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2018-01-01 2018-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2018-07-01 2018-09-30 0000876437 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2018-07-01 2018-09-30 0000876437 mtg:PensionAndSupplementalPlansMember 2018-01-01 2018-09-30 0000876437 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2018-01-01 2018-09-30 0000876437 mtg:PensionAndSupplementalPlansMember 2019-01-01 2019-09-30 0000876437 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2019-01-01 2019-09-30 0000876437 mtg:PensionAndSupplementalPlansMember 2018-07-01 2018-09-30 0000876437 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2019-07-01 2019-09-30 0000876437 mtg:PensionAndSupplementalPlansMember 2019-07-01 2019-09-30 0000876437 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2018-07-01 2018-09-30 0000876437 mtg:PensionAndSupplementalPlansMember 2019-09-30 0000876437 mtg:SettlementsForCommutationsOfCoveragePoolsOfNonperformingLoansMember 2019-01-01 2019-09-30 0000876437 mtg:SettlementsForCommutationsOfCoveragePoolsOfNonperformingLoansMember 2018-01-01 2018-09-30 0000876437 mtg:ProbableLossOnLitigationClaimsPayingPracticesMember 2019-01-01 2019-09-30 0000876437 2019-06-30 0000876437 2018-06-30 0000876437 mtg:IncreaseDecreaseInExpectedClaimRateMember 2018-01-01 2018-09-30 0000876437 mtg:IncreaseDecreaseRelatedToPoolReservesLaeReservesAndReinsuranceMember 2018-01-01 2018-09-30 0000876437 mtg:IncreaseDecreaseInEstimatedSeverityPrimaryDefaultsMember 2019-01-01 2019-09-30 0000876437 mtg:IncreaseDecreaseRelatedToPoolReservesLaeReservesAndReinsuranceMember 2019-01-01 2019-09-30 0000876437 mtg:IncreaseDecreaseInEstimatedSeverityPrimaryDefaultsMember 2018-01-01 2018-09-30 0000876437 mtg:IncreaseDecreaseInExpectedClaimRateMember 2019-01-01 2019-09-30 0000876437 us-gaap:SubsequentEventMember 2019-10-24 2019-10-24 0000876437 2019-09-01 2019-09-30 0000876437 mtg:FirstQuarter2019RepurchaseProgramMember 2019-09-30 0000876437 srt:MaximumMember 2019-01-01 2019-09-30 0000876437 us-gaap:PerformanceSharesMember 2018-01-01 2018-09-30 0000876437 us-gaap:RestrictedStockUnitsRSUMember 2019-01-01 2019-09-30 0000876437 us-gaap:RestrictedStockUnitsRSUMember 2018-01-01 2018-09-30 0000876437 us-gaap:PerformanceSharesMember 2019-01-01 2019-09-30 0000876437 srt:MinimumMember 2019-01-01 2019-09-30 0000876437 mtg:MortgageGuarantyInsuranceCorporationMember 2019-01-01 2019-09-30 0000876437 mtg:MortgageGuarantyInsuranceCorporationMember 2019-09-30 0000876437 mtg:MortgageGuarantyInsuranceCorporationMember 2019-07-01 2019-09-30 0000876437 mtg:MortgageGuarantyInsuranceCorporationMember 2019-04-01 2019-06-30 0000876437 mtg:MortgageGuarantyInsuranceCorporationMember 2019-01-01 2019-03-31 shares iso4217:USD shares mtg:security iso4217:USD pure mtg:jurisdiction mtg:loan false --12-31 Q3 2019 0000876437 P10Y 25 P3Y P2Y 9.9 9.8 5196784000 70000000 70000000 1 1 1000000000 1000000000 371353000 371353000 355371000 348709000 0.0740741 425000000 0.0191 0.21 0.21 0 0 500000 P1Y 15982000 22644000 10-Q true 2019-09-30 false 1-10816 MGIC Investment Corp WI 39-1486475 250 E. Kilbourn Avenue 53202 Milwaukee, WI (414) 347-6480 Common stock MTG NYSE Yes Yes Large Accelerated Filer false false false 348709277 5660992000 5151987000 17360000 3932000 3100000 3100000 5681452000 5159019000 165425000 151892000 6329000 3146000 48320000 48001000 19566000 33328000 1573000 2948000 51804000 55090000 50540000 51734000 18010000 17888000 11583000 69184000 92149000 85572000 6146751000 5677802000 602297000 674019000 392556000 409985000 155000000 155000000 420578000 419713000 256872000 256872000 159831000 180322000 1987134000 2095911000 371353000 371353000 1864973000 1862536000 263196000 175059000 63782000 -124214000 2122705000 1647275000 4159617000 3581891000 6146751000 5677802000 286059000 280229000 843145000 824989000 1793000 -3020000 4405000 -843000 28438000 25326000 100257000 79921000 259414000 251883000 747293000 744225000 8443000 -1457000 17427000 -14728000 267857000 250426000 764720000 729497000 42715000 36380000 125723000 103003000 4205000 1114000 3986000 -1112000 3606000 2525000 7921000 6827000 318383000 290445000 902350000 838215000 33985000 -1518000 94884000 8877000 3142000 3156000 8380000 8573000 45197000 43655000 134097000 131587000 12939000 13258000 39722000 39737000 95263000 58551000 277083000 188774000 223120000 231894000 625267000 649441000 46186000 49994000 128614000 137090000 176934000 181900000 496653000 512351000 0.50 0.50 1.40 1.40 0.49 0.49 1.36 1.36 351475000 362180000 354272000 367190000 372575000 382905000 375266000 387765000 176934000 181900000 496653000 512351000 31372000 -12077000 183197000 -86452000 -1600000 -440000 -4799000 -1322000 32972000 -11637000 187996000 -85130000 209906000 170263000 684649000 427221000 371353000 371348000 371353000 370567000 0 5000 0 786000 371353000 371353000 371353000 371353000 1860578000 1852251000 1862536000 1850582000 0 -63000 0 -8917000 -133000 0 -11715000 0 4528000 5451000 14152000 15974000 1864973000 1857639000 1864973000 1857639000 -194070000 -100059000 -175059000 0 59000 0 5989000 0 69185000 0 94126000 100059000 -263196000 -100059000 -263196000 -100059000 30810000 -117294000 -124214000 -43801000 32972000 -11637000 187996000 -85130000 63782000 -128931000 63782000 -128931000 1966994000 1307629000 1647275000 977178000 176934000 181900000 496653000 512351000 21223000 0 21223000 0 2122705000 1489529000 2122705000 1489529000 4159617000 3489531000 4159617000 3489531000 496653000 512351000 35778000 45267000 7628000 145397000 3986000 -1112000 319000 -694000 -13762000 -15193000 1375000 761000 -3286000 -2405000 122000 -176000 -3868000 9098000 -71722000 -264589000 -17429000 14680000 -9600000 -18600000 -8765000 -75393000 -7756000 -13191000 458163000 383547000 1043003000 1074849000 201369000 338939000 536747000 594679000 0 -43679000 4079000 10659000 -308966000 -108211000 105766000 100059000 20989000 0 5726000 8131000 -132481000 -108190000 16716000 167146000 155038000 99851000 171754000 266997000 Nature of Business and Basis of Presentation<div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">MGIC Investment Corporation is a holding company which, through Mortgage Guaranty Insurance Corporation (“MGIC”), is principally engaged in the mortgage insurance business. We provide mortgage insurance to lenders throughout the United States and to government sponsored entities to protect against loss from defaults on low down payment residential mortgage loans. MGIC Assurance Corporation (“MAC”) and MGIC Indemnity Corporation (“MIC”), insurance subsidiaries of MGIC, provide insurance for certain mortgages under Fannie Mae and Freddie Mac (the “GSEs”) credit risk transfer programs.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The accompanying unaudited consolidated financial statements of MGIC Investment Corporation and its wholly-owned subsidiaries have been prepared in accordance with the instructions to Form 10-Q as prescribed by the Securities and Exchange Commission (“SEC”) for interim reporting and do not include all of the other information and disclosures required by accounting principles generally accepted in the United States of America (“GAAP”). These statements should be read in conjunction with the consolidated financial statements and notes thereto for the year ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> included in our </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> Annual Report on Form 10-K. As used below, “we,” “our” and “us” refer to MGIC Investment Corporation’s consolidated operations or to MGIC Investment Corporation, as the context requires.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">In the opinion of management, the accompanying financial statements include all adjustments, consisting primarily of normal recurring accruals, necessary to fairly state our consolidated financial position and consolidated results of operations for the periods indicated. The consolidated results of operations for the interim period may not be indicative of the results that may be expected for the year ending </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Substantially all of our insurance written since 2008 has been for loans purchased by the GSEs. The current private mortgage insurer eligibility requirements ("PMIERs") of the GSEs include financial requirements, as well as business, quality control and certain transactional approval requirements. The financial requirements of the PMIERs require a mortgage insurer’s "Available Assets" (generally only the most liquid assets of an insurer) to equal or exceed its "Minimum Required Assets" (which are based on an insurer's book of insurance in force, calculated from tables of factors with several risk dimensions and subject to a floor amount). Based on our application of the more restrictive PMIERs, as of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, MGIC’s Available Assets are in excess of its Minimum Required Assets; and MGIC is in compliance with the financial requirements of the PMIERs and eligible to insure loans purchased by the GSEs.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Reclassifications</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Certain reclassifications to </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> amounts have been made in the accompanying financial statements to conform to the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> presentation.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Subsequent events</span></div>We have considered subsequent events through the date of this filing. Significant Accounting Policies<div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Income taxes</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Deferred income taxes are provided under the liability method, which recognizes the future tax effects of temporary differences between amounts reported in the consolidated financial statements and the tax bases of these items. The estimated tax effects are computed at the enacted federal statutory income tax rate. Changes in tax laws, rates, regulations, and policies or the final determination of tax audits or examinations, could materially affect our estimates and can be significant to our operating results. We evaluate the realizability of the deferred tax assets based on the weight of all available positive and negative evidence. Deferred tax assets are reduced by a valuation allowance if it is more likely than not that all or some portion of the deferred tax assets will not be realized.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The recognition of a tax position is determined using a two-step approach. The first step applies a more-likely-than-not threshold for recognition and derecognition. The second step measures the tax position as the greatest amount of benefit that is cumulatively greater than 50% likely to be realized. When evaluating a tax position for recognition and measurement, we presume that the tax position will be examined by the relevant taxing authority that has full knowledge of all relevant information. We recognize interest accrued and penalties related to unrecognized tax benefits in our provision for income taxes.</span></div><div style="line-height:120%;padding-bottom:0px;text-align:justify;padding-left:0px;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Federal tax law permits mortgage guaranty insurance companies to deduct from taxable income, subject to certain limitations, the amounts added to contingency loss reserves that are recorded for regulatory purposes. The amounts we deduct must generally be included in taxable income in the tenth subsequent year. The deduction is allowed only to the extent that we purchase and hold U.S. government non-interest-bearing tax and loss bonds in an amount equal to the tax benefit attributable to the deduction. We account for these purchases as a payment of current federal income tax.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Recent accounting and reporting developments</span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;padding-left:0px;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#0084ce;">Accounting standards effective in 2019, or early adopted, and relevant to our financial statements</span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-style:italic;">Accounting Standard Update (“ASU”) 2016-02 - Leases</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">In February 2016, the Financial Accounting Standards Board (“FASB”) amended the previous leasing standard and created ASC 842, Leases. ASC 842 requires a lessee to recognize a right-of-use asset and lease liability for substantially all leases. Effective for the quarter ended March 31, 2019, we adopted the updated guidance for leases and also elected to apply all practical expedients applicable to us in the updated guidance for transition of leases in effect at adoption. The adoption of the updated guidance resulted in the recognition of an immaterial right-of-use asset as part of other assets and a lease liability as part of other liabilities in the consolidated balance sheet. The adoption of the updated guidance did not have a material effect on our consolidated results of operations or liquidity. Our minimum future operating lease payments as of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> totaled </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$2.0 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">.</span></div><div style="line-height:120%;padding-bottom:0px;text-align:left;padding-left:0px;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:left;padding-left:0px;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#0084ce;">Prospective Accounting Standards</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">2.1</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> shows the relevant new amendments to accounting standards, which are not yet effective or adopted.</span></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:10%;"/><td style="width:6%;"/><td style="width:5%;"/><td style="width:55%;"/><td style="width:24%;"/></tr><tr><td colspan="5" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Standard / Interpretation</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td colspan="2" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">2.1</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="4" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Amended Standards</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Effective date</span></div></td></tr><tr><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">ASC 326</span></div></td><td colspan="2" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Financial Instruments - Credit Losses</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">•</span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">ASU 2016-13 - Measurement of Credit Losses on Financial Instruments</span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">January 1, 2020</span></div></td></tr><tr><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">ASC 820</span></div></td><td colspan="2" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fair Value Measurement</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">•</span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">ASU 2018-13 - Changes to the Disclosure Requirements for Fair Value Measurements</span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">January 1, 2020</span></div></td></tr><tr><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">ASC 715</span></div></td><td colspan="2" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Compensation - Retirement Benefits </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">•</span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">ASU 2018-14 - Changes to the Disclosure Requirements for Defined Benefit Plans</span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">January 1, 2021</span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:0px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-style:italic;">Measurement of Credit Losses on Financial Instruments</span></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">In June 2016, the FASB issued updated guidance that requires immediate recognition of estimated credit losses expected to occur over the remaining life of many financial instruments. Entities will be required to incorporate their forecast of future economic conditions into their loss estimate unless such forecast is not reasonable and supportable, in which case the entity will revert to historical loss experience. The allowance for current expected credit losses (“CECL”) generally reduces the amortized cost basis of the financial instrument to the amount an entity expects to collect, however, credit losses relating to available-for-sale fixed maturity securities are to be recorded through an allowance for credit losses, with the amount of the allowance limited to the amount by which fair value is less than amortized cost. In addition, the length of time a security has been in an unrealized loss position will no longer impact the determination of whether a credit loss exists. The updated guidance is not prescriptive about certain aspects of estimating expected credit losses, including the specific methodology to use, and therefore will require significant judgment in application. The updated guidance is effective for annual periods beginning after December 15, 2019, including interim periods </span></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">within those annual periods. Early adoption is permitted for annual and interim periods in fiscal years beginning after December 15, 2018. In May 2019, the FASB amended this guidance to provide entities with an option to irrevocably elect the fair value option for eligible instruments in order to provide targeted transition relief that is intended to increase comparability of financial statement information for some entities that otherwise would have measured similar financial instruments using different measurement methodologies. The effective dates remain the same. We are currently evaluating the impacts the adoption of this guidance will have on our consolidated financial statements and disclosures, but do not expect it to have a material impact. </span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-style:italic;">Changes to the Disclosure Requirements for Fair Value Measurement</span></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">In August 2018, the FASB issued updated guidance that changes the disclosure requirements for fair value measurements. The updated guidance removed the requirement to disclose the amount of and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy; the policy for timing of transfers between levels; and the valuation processes for Level 3 fair value measurements. The updated guidance clarifies that the measurement uncertainty disclosure is to communicate information about the uncertainty in measurements as of the reporting date. Further, the updated guidance will require disclosure of changes in unrealized gains and losses for the period included in other comprehensive income for recurring Level 3 fair value measurements held at the end of the reporting period; and the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements. The updated guidance is effective for annual periods beginning after December 15, 2019, including interim periods within those annual periods. An entity is permitted to early adopt any guidance that removed or modified disclosures upon issuance of this update and to delay adoption of the additional disclosures until its effective date. We are currently evaluating the impacts the adoption of this guidance will have on our consolidated financial statement disclosures, but do not expect it to have a material impact. </span></div><div style="line-height:120%;padding-top:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-style:italic;">Changes to the Disclosure Requirements for Defined Benefit Plans</span></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">In August 2018, the FASB issued amendments to modify the disclosure requirements for defined benefit plans. The updated guidance removed the requirements to identify amounts that are expected to be reclassified out of accumulated other comprehensive income and recognized as components of net periodic benefit cost in the coming year and the effects of a one-percentage-point change in assumed health care cost trend rates on service and interest cost and on the postretirement benefit obligation. The updated guidance added disclosures for the weighted-average interest crediting rates for cash balance plans and other plans with interest crediting rates and explanations for significant gains and losses related to changes in the benefit obligation for the period. The updated guidance is effective for annual periods beginning after December 15, 2020. Early adoption is permitted. An entity should apply the amendments on a retrospective basis to all periods presented. We are currently evaluating the impacts the adoption of this guidance will have on our consolidated financial statement disclosures, but do not expect it to have a material impact.</span></div> <div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Income taxes</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Deferred income taxes are provided under the liability method, which recognizes the future tax effects of temporary differences between amounts reported in the consolidated financial statements and the tax bases of these items. The estimated tax effects are computed at the enacted federal statutory income tax rate. Changes in tax laws, rates, regulations, and policies or the final determination of tax audits or examinations, could materially affect our estimates and can be significant to our operating results. We evaluate the realizability of the deferred tax assets based on the weight of all available positive and negative evidence. Deferred tax assets are reduced by a valuation allowance if it is more likely than not that all or some portion of the deferred tax assets will not be realized.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The recognition of a tax position is determined using a two-step approach. The first step applies a more-likely-than-not threshold for recognition and derecognition. The second step measures the tax position as the greatest amount of benefit that is cumulatively greater than 50% likely to be realized. When evaluating a tax position for recognition and measurement, we presume that the tax position will be examined by the relevant taxing authority that has full knowledge of all relevant information. We recognize interest accrued and penalties related to unrecognized tax benefits in our provision for income taxes.</span></div><div style="line-height:120%;padding-bottom:0px;text-align:justify;padding-left:0px;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Federal tax law permits mortgage guaranty insurance companies to deduct from taxable income, subject to certain limitations, the amounts added to contingency loss reserves that are recorded for regulatory purposes. The amounts we deduct must generally be included in taxable income in the tenth subsequent year. The deduction is allowed only to the extent that we purchase and hold U.S. government non-interest-bearing tax and loss bonds in an amount equal to the tax benefit attributable to the deduction. We account for these purchases as a payment of current federal income tax.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div> <div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Recent accounting and reporting developments</span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;padding-left:0px;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#0084ce;">Accounting standards effective in 2019, or early adopted, and relevant to our financial statements</span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-style:italic;">Accounting Standard Update (“ASU”) 2016-02 - Leases</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">In February 2016, the Financial Accounting Standards Board (“FASB”) amended the previous leasing standard and created ASC 842, Leases. ASC 842 requires a lessee to recognize a right-of-use asset and lease liability for substantially all leases. Effective for the quarter ended March 31, 2019, we adopted the updated guidance for leases and also elected to apply all practical expedients applicable to us in the updated guidance for transition of leases in effect at adoption. The adoption of the updated guidance resulted in the recognition of an immaterial right-of-use asset as part of other assets and a lease liability as part of other liabilities in the consolidated balance sheet. The adoption of the updated guidance did not have a material effect on our consolidated results of operations or liquidity. Our minimum future operating lease payments as of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> totaled </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$2.0 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">.</span></div><div style="line-height:120%;padding-bottom:0px;text-align:left;padding-left:0px;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:left;padding-left:0px;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#0084ce;">Prospective Accounting Standards</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">2.1</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> shows the relevant new amendments to accounting standards, which are not yet effective or adopted.</span></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:10%;"/><td style="width:6%;"/><td style="width:5%;"/><td style="width:55%;"/><td style="width:24%;"/></tr><tr><td colspan="5" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Standard / Interpretation</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td colspan="2" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">2.1</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="4" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Amended Standards</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Effective date</span></div></td></tr><tr><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">ASC 326</span></div></td><td colspan="2" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Financial Instruments - Credit Losses</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">•</span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">ASU 2016-13 - Measurement of Credit Losses on Financial Instruments</span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">January 1, 2020</span></div></td></tr><tr><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">ASC 820</span></div></td><td colspan="2" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fair Value Measurement</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">•</span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">ASU 2018-13 - Changes to the Disclosure Requirements for Fair Value Measurements</span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">January 1, 2020</span></div></td></tr><tr><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">ASC 715</span></div></td><td colspan="2" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Compensation - Retirement Benefits </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">•</span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">ASU 2018-14 - Changes to the Disclosure Requirements for Defined Benefit Plans</span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">January 1, 2021</span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:0px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-style:italic;">Measurement of Credit Losses on Financial Instruments</span></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">In June 2016, the FASB issued updated guidance that requires immediate recognition of estimated credit losses expected to occur over the remaining life of many financial instruments. Entities will be required to incorporate their forecast of future economic conditions into their loss estimate unless such forecast is not reasonable and supportable, in which case the entity will revert to historical loss experience. The allowance for current expected credit losses (“CECL”) generally reduces the amortized cost basis of the financial instrument to the amount an entity expects to collect, however, credit losses relating to available-for-sale fixed maturity securities are to be recorded through an allowance for credit losses, with the amount of the allowance limited to the amount by which fair value is less than amortized cost. In addition, the length of time a security has been in an unrealized loss position will no longer impact the determination of whether a credit loss exists. The updated guidance is not prescriptive about certain aspects of estimating expected credit losses, including the specific methodology to use, and therefore will require significant judgment in application. The updated guidance is effective for annual periods beginning after December 15, 2019, including interim periods </span></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">within those annual periods. Early adoption is permitted for annual and interim periods in fiscal years beginning after December 15, 2018. In May 2019, the FASB amended this guidance to provide entities with an option to irrevocably elect the fair value option for eligible instruments in order to provide targeted transition relief that is intended to increase comparability of financial statement information for some entities that otherwise would have measured similar financial instruments using different measurement methodologies. The effective dates remain the same. We are currently evaluating the impacts the adoption of this guidance will have on our consolidated financial statements and disclosures, but do not expect it to have a material impact. </span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-style:italic;">Changes to the Disclosure Requirements for Fair Value Measurement</span></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">In August 2018, the FASB issued updated guidance that changes the disclosure requirements for fair value measurements. The updated guidance removed the requirement to disclose the amount of and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy; the policy for timing of transfers between levels; and the valuation processes for Level 3 fair value measurements. The updated guidance clarifies that the measurement uncertainty disclosure is to communicate information about the uncertainty in measurements as of the reporting date. Further, the updated guidance will require disclosure of changes in unrealized gains and losses for the period included in other comprehensive income for recurring Level 3 fair value measurements held at the end of the reporting period; and the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements. The updated guidance is effective for annual periods beginning after December 15, 2019, including interim periods within those annual periods. An entity is permitted to early adopt any guidance that removed or modified disclosures upon issuance of this update and to delay adoption of the additional disclosures until its effective date. We are currently evaluating the impacts the adoption of this guidance will have on our consolidated financial statement disclosures, but do not expect it to have a material impact. </span></div><div style="line-height:120%;padding-top:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-style:italic;">Changes to the Disclosure Requirements for Defined Benefit Plans</span></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">In August 2018, the FASB issued amendments to modify the disclosure requirements for defined benefit plans. The updated guidance removed the requirements to identify amounts that are expected to be reclassified out of accumulated other comprehensive income and recognized as components of net periodic benefit cost in the coming year and the effects of a one-percentage-point change in assumed health care cost trend rates on service and interest cost and on the postretirement benefit obligation. The updated guidance added disclosures for the weighted-average interest crediting rates for cash balance plans and other plans with interest crediting rates and explanations for significant gains and losses related to changes in the benefit obligation for the period. The updated guidance is effective for annual periods beginning after December 15, 2020. Early adoption is permitted. An entity should apply the amendments on a retrospective basis to all periods presented. We are currently evaluating the impacts the adoption of this guidance will have on our consolidated financial statement disclosures, but do not expect it to have a material impact.</span></div> 2000000.0 <div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">2.1</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> shows the relevant new amendments to accounting standards, which are not yet effective or adopted.</span></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:10%;"/><td style="width:6%;"/><td style="width:5%;"/><td style="width:55%;"/><td style="width:24%;"/></tr><tr><td colspan="5" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Standard / Interpretation</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td colspan="2" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">2.1</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="4" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Amended Standards</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Effective date</span></div></td></tr><tr><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">ASC 326</span></div></td><td colspan="2" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Financial Instruments - Credit Losses</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">•</span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">ASU 2016-13 - Measurement of Credit Losses on Financial Instruments</span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">January 1, 2020</span></div></td></tr><tr><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">ASC 820</span></div></td><td colspan="2" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fair Value Measurement</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">•</span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">ASU 2018-13 - Changes to the Disclosure Requirements for Fair Value Measurements</span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">January 1, 2020</span></div></td></tr><tr><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">ASC 715</span></div></td><td colspan="2" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Compensation - Retirement Benefits </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">•</span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">ASU 2018-14 - Changes to the Disclosure Requirements for Defined Benefit Plans</span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">January 1, 2021</span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div> Debt<div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Debt obligations</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The par value of our long-term debt obligations and their aggregate carrying values as of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> are presented in table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">3.1</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below.</span></div><div style="line-height:120%;padding-top:0px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10"/></tr><tr><td style="width:10%;"/><td style="width:40%;"/><td style="width:2%;"/><td style="width:1%;"/><td style="width:22%;"/><td style="width:1%;"/><td style="width:2%;"/><td style="width:1%;"/><td style="width:20%;"/><td style="width:1%;"/></tr><tr><td colspan="10" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Long-term debt obligations</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">3.1</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In millions)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">September 30, <br/>2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">December 31, <br/>2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">FHLB Advance - 1.91%, due February 2023</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>155.0</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>155.0</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">5.75% Notes, due August 2023 (par value: $425 million)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>420.6</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>419.7</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">9% Debentures, due April 2063 </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>256.9</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>256.9</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Long-term debt, carrying value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>832.5</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>831.6</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:8pt;"><br/></span></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup> </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">Convertible at any time prior to maturity at the holder’s option, at an initial conversion rate, which is subject to adjustment, of </span><span style="font-family:Roboto;font-size:8pt;color:#000000;">74.0741</span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> </span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">shares per </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>$1,000</span></span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> principal amount, representing an initial conversion price of approximately </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>$13.50</span></span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> per share. In the event of a cash dividend to all or substantially all holders of our common stock, the conversion rate shall be increased by multiplying the conversion rate in effect immediately prior to the ex-dividend date for such distribution by a fraction, (a) the numerator shall be the current market price of our common stock on the ex-dividend date; and (b) the denominator shall be the current market price of our common stock on the ex-dividend date less the amount by which the dividend per share exceeds </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>$0.025</span></span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">. No adjustment in the conversion rate shall be required unless such adjustment would require an increase or decrease of at least </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>one percent</span></span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> in such rate; provided that any such adjustments that are not required to be made shall be carried forward and such carry-forward adjustments shall be made, regardless of whether the aggregate adjustment is less than </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>one percent</span></span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> at the end of each fiscal year, or in certain other circumstances. The conversion price per share is </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>$1,000</span></span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> divided by the conversion rate, and will change upon a change in the conversion rate. If a holder elects to convert its debentures, deferred interest owed on the debentures being converted is also converted into shares of our common stock. The conversion rate for any deferred interest is based on the average price that our shares traded at during a </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>5</span></span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">-day period immediately prior to the election to convert. In lieu of issuing shares of common stock upon conversion of the debentures, we may, at our option, make a cash payment to converting holders for all or some of the shares of our common stock otherwise issuable upon conversion.</span></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>5.75%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> Senior Notes (“</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>5.75%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> Notes”), </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>9%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> Convertible Junior Subordinated Debentures (“</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>9%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> Debentures”) are obligations of our holding company, MGIC Investment Corporation, and not of its subsidiaries. The Federal Home Loan Bank Advance (the “FHLB Advance”) is an obligation of MGIC.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">In May 2019, we terminated our </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$175 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> unsecured revolving credit facility. At the time of termination there were no amounts drawn on the credit facility. The unused portion of our revolving credit facility was subject to recurring commitment fees, which are reflected in interest payments.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Interest payments</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Interest payments for the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30,</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> were </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$38.5 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$38.8 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, respectively.</span></div> <div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The par value of our long-term debt obligations and their aggregate carrying values as of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> are presented in table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">3.1</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below.</span></div><div style="line-height:120%;padding-top:0px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10"/></tr><tr><td style="width:10%;"/><td style="width:40%;"/><td style="width:2%;"/><td style="width:1%;"/><td style="width:22%;"/><td style="width:1%;"/><td style="width:2%;"/><td style="width:1%;"/><td style="width:20%;"/><td style="width:1%;"/></tr><tr><td colspan="10" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Long-term debt obligations</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">3.1</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In millions)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">September 30, <br/>2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">December 31, <br/>2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">FHLB Advance - 1.91%, due February 2023</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>155.0</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>155.0</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">5.75% Notes, due August 2023 (par value: $425 million)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>420.6</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>419.7</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">9% Debentures, due April 2063 </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>256.9</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>256.9</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Long-term debt, carrying value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>832.5</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>831.6</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:8pt;"><br/></span></div><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup> </span></div><div style="line-height:120%;text-align:justify;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">Convertible at any time prior to maturity at the holder’s option, at an initial conversion rate, which is subject to adjustment, of </span><span style="font-family:Roboto;font-size:8pt;color:#000000;">74.0741</span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> </span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">shares per </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>$1,000</span></span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> principal amount, representing an initial conversion price of approximately </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>$13.50</span></span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> per share. In the event of a cash dividend to all or substantially all holders of our common stock, the conversion rate shall be increased by multiplying the conversion rate in effect immediately prior to the ex-dividend date for such distribution by a fraction, (a) the numerator shall be the current market price of our common stock on the ex-dividend date; and (b) the denominator shall be the current market price of our common stock on the ex-dividend date less the amount by which the dividend per share exceeds </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>$0.025</span></span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">. No adjustment in the conversion rate shall be required unless such adjustment would require an increase or decrease of at least </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>one percent</span></span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> in such rate; provided that any such adjustments that are not required to be made shall be carried forward and such carry-forward adjustments shall be made, regardless of whether the aggregate adjustment is less than </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>one percent</span></span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> at the end of each fiscal year, or in certain other circumstances. The conversion price per share is </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>$1,000</span></span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> divided by the conversion rate, and will change upon a change in the conversion rate. If a holder elects to convert its debentures, deferred interest owed on the debentures being converted is also converted into shares of our common stock. The conversion rate for any deferred interest is based on the average price that our shares traded at during a </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>5</span></span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">-day period immediately prior to the election to convert. In lieu of issuing shares of common stock upon conversion of the debentures, we may, at our option, make a cash payment to converting holders for all or some of the shares of our common stock otherwise issuable upon conversion.</span></div> 155000000.0 155000000.0 420600000 419700000 256900000 256900000 832500000 831600000 1000 13.50 0.025 0.01 0.01 1000 P5D 0.0575 0.0575 0.09 0.09 175000000 38500000 38800000 Reinsurance<div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The reinsurance agreements to which we are a party, excluding captive agreements (which were immaterial), are discussed below. The effect of all of our reinsurance agreements on premiums earned and losses incurred is shown in table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">4.1</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below.</span></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.69969969969969%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:10%;"/><td style="width:18%;"/><td style="width:2%;"/><td style="width:1%;"/><td style="width:14%;"/><td style="width:1%;"/><td style="width:2%;"/><td style="width:1%;"/><td style="width:14%;"/><td style="width:1%;"/><td style="width:2%;"/><td style="width:1%;"/><td style="width:14%;"/><td style="width:1%;"/><td style="width:2%;"/><td style="width:1%;"/><td style="width:14%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Reinsurance</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">4.1</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Three Months Ended September 30,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine Months Ended September 30,</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Premiums earned:</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Direct</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>294,909</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>275,044</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>861,705</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>808,531</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Assumed </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,388</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>709</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>3,275</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>936</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Ceded</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(28,440</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(25,327</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(100,260</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(79,970</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net premiums earned</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>267,857</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>250,426</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>764,720</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>729,497</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Losses incurred:</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Direct</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>36,755</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(2,081</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>102,835</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>12,642</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Assumed</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(34</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>55</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(110</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>45</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Ceded</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(2,736</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>508</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(7,841</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(3,810</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Losses incurred, net</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>33,985</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,518</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>94,884</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>8,877</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Quota share reinsurance</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;background-color:#ffffff;color:#000000;">We utilize quota share reinsurance transactions (“QSR Transactions”) to manage our exposure to losses resulting from our mortgage guaranty insurance policies and to provide reinsurance capital credit under the PMIERs.</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> Each of the reinsurers under our QSR Transactions has an insurer financial strength rating of A- or better by Standard and Poor’s Rating Services, A.M. Best or both.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:0px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-style:italic;font-weight:bold;">2019 QSR Transaction.</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#003b5c;font-style:italic;font-weight:bold;"> </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">We entered into a QSR transaction with a group of unaffiliated reinsurers with an effective date of January 1, 2019 (“2019 QSR Transaction”), which provides coverage on eligible new insurance written in 2019. Under the 2019 QSR Transaction, we will cede losses and premiums on or after the effective date through December 31, 2030, at which time the agreement expires. Early termination of the agreement can be elected by us effective December 31, 2021 or bi-annually thereafter, for a fee, or under specified scenarios for </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>no</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> fee upon prior written notice, including if we will receive less than </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>90%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> of the full credit amount under the PMIERs or full financial statement or full credit under applicable regulatory capital requirements for the risk ceded in any required calculation period.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The structure of the 2019 QSR Transaction is a </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>30%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> quota share, with a one-time option, elected by us, to reduce the cede rate to either </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>25%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> or </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>20%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> effective July 1, 2020, or bi-annually thereafter, for a fee, for all policies covered, with a </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>20%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> ceding commission as well as a profit commission. Generally, under the 2019 QSR Transaction, we will receive a profit commission provided that the loss ratio on the loans covered under the agreement remains below </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>62%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">. </span></div><div style="line-height:120%;padding-bottom:0px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:0px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-style:italic;font-weight:bold;">2018 and prior QSR Transactions. </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">See Note 9 of Notes to Consolidated Financial Statements in our 2018 Form 10-K for more information about our QSR Transactions entered into prior to </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:0px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-style:italic;font-weight:bold;">2015 QSR Transaction.</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#003b5c;font-style:italic;font-weight:bold;"> </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">We terminated a portion of our 2015 QSR Transaction effective June 30, 2019 and entered into an amended quota share reinsurance agreement with certain participants from the existing reinsurance panel that effectively reduces the quota share cede rate from </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>30%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> to </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>15%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> on the remaining eligible insurance. During the second quarter of 2019, we incurred a termination fee of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$6.8 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, which was paid in July to participants of the reinsurance panel that are not participating in the amended 2015 QSR Transaction. Under the amended 2015 QSR Transaction we cede losses and premiums through December 31, 2031, at which time the agreement expires. Early termination of the amended agreement can be elected by us effective June 30, 2021 for </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>no</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> fee, or under specified scenarios, including if we will receive less than </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>90%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> of the full credit amount under the PMIERs or full financial statement or full credit under applicable regulatory capital requirements for the risk ceded in any required calculation period. Generally, under our amended 2015 QSR Transaction, we will receive a profit commission provided that the loss ratio on the covered loans remains below </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>68%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">4.2</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below presents a summary of our quota share reinsurance agreements for the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">three and nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30,</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">.</span></div><div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:3%;"/><td style="width:49%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Quota Share Reinsurance</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">4.2</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Three Months Ended September 30,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine Months Ended September 30,</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Ceded premiums written and earned, net of profit commission </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>23,032</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>25,248</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>87,721</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>79,716</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Ceded losses incurred</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,729</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(522</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>7,845</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,531</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Ceding commissions </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>11,042</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>12,983</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>37,807</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>38,268</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Profit commission</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>32,177</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>39,664</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>108,079</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>111,622</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:8pt;"><br/></span></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:12px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup> </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">Premiums are ceded on an earned and received basis as defined in the agreements. The </span><span style="font-family:Roboto;font-size:9pt;color:#000000;">nine</span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> months ended </span><span style="font-family:Roboto;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> include the </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>$6.8 million</span></span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> termination fee discussed in “2015 QSR Transaction” above.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:12px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup> </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">Ceding commissions are reported within Other underwriting and operating expenses, net on the consolidated statements of operations.</span></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Under the terms of the QSR Transactions, ceded premiums, ceding commission and profit commission are settled net on a quarterly basis. The ceded premiums due after deducting the related ceding commission and profit commission is reported within “Other liabilities” on the consolidated balance sheets. </span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The reinsurance recoverable on loss reserves related to our QSR Transactions was </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$19.5 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> as of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$33.2 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> as of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">. The reinsurance recoverable balance is secured by funds on deposit from the reinsurers which are based on the funding requirements of PMIERs that address ceded risk.</span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Excess of loss reinsurance</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">We have aggregate excess of loss reinsurance agreements (“Home Re Transactions”) with unaffiliated special purpose insurers domiciled in Bermuda (“Home Re Entities”). For the reinsurance coverage periods, we retain the first layer of the respective aggregate losses, and a Home Re special purpose entity will then provide second layer coverage up to the outstanding reinsurance coverage amount. We retain losses in excess of the outstanding reinsurance coverage amount. The aggregate excess of loss reinsurance coverage decreases over a ten-year period, subject to certain conditions, as the underlying covered mortgages amortize or are repaid, or mortgage insurance losses are paid. MGIC has rights to terminate the Home Re Transactions under certain circumstances. The Home Re entities financed the coverages by issuing mortgage insurance-linked notes (“ILNs”) to unaffiliated investors in an aggregate amount equal to the initial reinsurance coverage amounts. The ILNs each have ten-year legal maturities and are non-recourse to any assets of MGIC or affiliates. The proceeds of the ILNs, which were deposited into reinsurance trusts for the benefit of MGIC, will be the source of reinsurance claim payments to MGIC and principal repayments on the ILNs.</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:5%;"/><td style="width:19%;"/><td style="width:1%;"/><td style="width:24%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:14%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:17%;"/><td style="width:1%;"/></tr><tr><td colspan="14" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Excess of Loss Reinsurance</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">4.3</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">As of September 30, 2019</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Home Re Entity (Issue Date)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Policy Inforce Dates</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Termination Option Date </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Remaining First Layer Retention</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Remaining Excess of Loss Reinsurance Coverages</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Home Re 2018-1 Ltd. (Oct. - 2018)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">July 1, 2016 - December 31, 2017</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">October 25, 2025</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>168,112</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>288,852</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Home Re 2019-1 Ltd. (May - 2019)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">January 1, 2018 - March 31, 2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">May 25, 2026</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>185,714</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>315,739</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>353,826</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>604,591</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:12px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup> </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">We have the right to terminate the excess-of-loss reinsurance agreements under certain circumstances and on any payment date on or after the respective termination option date. </span></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The reinsurance premiums ceded to each Home Re Entity are composed of coverage, initial expense and supplemental premiums. The coverage premiums are generally calculated as the difference between the amount of interest payable by the Home Re Entity on the ILNs it issued to raise funds to collateralize its reinsurance obligations to us, and the investment income collected on the collateral assets. The amount of monthly reinsurance coverage premium ceded will fluctuate due to changes in one-month LIBOR and changes in money market rates that affect investment income collected on the assets in the reinsurance trust. As a result, we concluded that each reinsurance agreement contains an embedded derivative that is accounted for separately as a freestanding derivative. The fair values of the derivatives at </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, were not material to our consolidated balance sheet, and the change in fair values during the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">three and nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> were not material to our consolidated statements of operations. Total ceded premiums were </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$5.4 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$12.4 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> for the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">three and nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, respectively.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">At the time the Home Re Transactions were entered into, we assessed whether each Home Re Entity was a variable interest entity (“VIE”). A VIE is a legal entity that does not have sufficient equity at risk to finance its activities without additional subordinated financial support or is structured such that equity investors lack the ability to make sufficient decisions relating to the entity’s operations through voting rights or do not substantively participate in gains and losses of the entity. We concluded that each Home Re Entity is a VIE. However, given that MGIC (1) does not have the unilateral power to direct the activities that most significantly affect each Home Re Entity’s economic performance and (2) does not have the obligation to absorb losses or the right to receive benefits of each Home Re Entity, consolidation of neither Home Re Entity is required.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">We are required to disclose our maximum exposure to loss, which we consider to be an amount that we could be required to record in our statements of operations, as a result of our involvement with the VIEs under our Home Re Transactions. As of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, we did not have material exposure to the VIEs as we have no investment in the VIEs and had no reinsurance claim payments due from either VIE under our reinsurance agreements. We are unable to determine the timing or extent of claims from losses that are ceded under the reinsurance agreements. The VIE assets are deposited in reinsurance trusts for the benefit of MGIC that will be the source of reinsurance claim payments to MGIC. The purpose of the reinsurance trusts is to provide security to MGIC for the obligations of the VIEs under the reinsurance agreements. The trustee of the reinsurance trusts, a recognized provider of corporate trust services, has established segregated accounts within the reinsurance trusts for the benefit of MGIC, pursuant to the trust agreements. The trust agreements are governed by, and construed in accordance with, the laws of the State of New York. If the trustee of the reinsurance trusts failed to distribute claim payments to us as provided in the reinsurance trusts, we would incur a loss related to our losses ceded under the reinsurance agreements and deemed unrecoverable. We are also unable to determine the impact such possible failure by the trustee to perform pursuant to the reinsurance trust agreements may have on our consolidated financial statements. As a result, we are unable to quantify our maximum exposure to loss related </span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">to our involvement with the VIEs. MGIC has certain termination rights under the reinsurance agreements should its claims not be paid. We consider our exposure to loss from our reinsurance agreements with the VIEs to be remote.</span></div><div style="line-height:120%;text-align:left;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Table </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">4.4</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> presents the total assets of the Home Re Entities as of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">.</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.69969969969969%;border-collapse:collapse;text-align:left;"><tr><td colspan="6"/></tr><tr><td style="width:10%;"/><td style="width:50%;"/><td style="width:2%;"/><td style="width:1%;"/><td style="width:36%;"/><td style="width:1%;"/></tr><tr><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Home Re total assets</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">4.4</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Home Re Entity (Issue date)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Total VIE Assets</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;text-decoration:underline;">September 30, 2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Home Re 2018-01 Ltd. (Oct - 2018)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>299,655</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Home Re 2019-01 Ltd. (May - 2019)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>315,739</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;text-decoration:underline;">December 31, 2018</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Home Re 2018-01 Ltd. (Oct - 2018)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>318,636</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The assets of the Home Re Entities provide capital credit under the PMIERs financial requirements (see </span><a href="#sDF970DB4815059728C7C96A82315DC32" style="font-family:Roboto,sans-serif;font-size:9pt;text-decoration:none;"><span style="font-family:Roboto,sans-serif;font-size:9pt;text-decoration:none;">Note 1 - “Nature of Business and Basis of Presentation”</span></a><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">). A decline in the assets available to pay claims would reduce the capital credit available to MGIC.</span></div> The effect of all of our reinsurance agreements on premiums earned and losses incurred is shown in table <span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">4.1</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below.</span><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.69969969969969%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:10%;"/><td style="width:18%;"/><td style="width:2%;"/><td style="width:1%;"/><td style="width:14%;"/><td style="width:1%;"/><td style="width:2%;"/><td style="width:1%;"/><td style="width:14%;"/><td style="width:1%;"/><td style="width:2%;"/><td style="width:1%;"/><td style="width:14%;"/><td style="width:1%;"/><td style="width:2%;"/><td style="width:1%;"/><td style="width:14%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Reinsurance</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">4.1</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Three Months Ended September 30,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine Months Ended September 30,</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Premiums earned:</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Direct</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>294,909</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>275,044</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>861,705</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>808,531</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Assumed </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,388</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>709</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>3,275</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>936</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Ceded</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(28,440</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(25,327</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(100,260</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(79,970</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net premiums earned</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>267,857</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>250,426</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>764,720</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>729,497</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Losses incurred:</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Direct</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>36,755</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(2,081</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>102,835</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>12,642</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Assumed</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(34</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>55</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(110</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>45</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Ceded</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(2,736</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>508</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(7,841</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(3,810</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Losses incurred, net</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>33,985</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,518</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>94,884</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>8,877</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div> 294909000 275044000 861705000 808531000 1388000 709000 3275000 936000 28440000 25327000 100260000 79970000 267857000 250426000 764720000 729497000 36755000 -2081000 102835000 12642000 -34000 55000 -110000 45000 2736000 -508000 7841000 3810000 33985000 -1518000 94884000 8877000 0 0.90 0.30 0.25 0.20 0.20 0.62 0.30 0.15 6800000 0 0.90 0.68 <div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">4.2</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below presents a summary of our quota share reinsurance agreements for the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">three and nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30,</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">.</span></div><div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:3%;"/><td style="width:49%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Quota Share Reinsurance</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">4.2</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Three Months Ended September 30,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine Months Ended September 30,</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Ceded premiums written and earned, net of profit commission </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>23,032</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>25,248</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>87,721</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>79,716</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Ceded losses incurred</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,729</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(522</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>7,845</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,531</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Ceding commissions </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>11,042</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>12,983</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>37,807</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>38,268</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Profit commission</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>32,177</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>39,664</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>108,079</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>111,622</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:8pt;"><br/></span></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:12px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup> </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">Premiums are ceded on an earned and received basis as defined in the agreements. The </span><span style="font-family:Roboto;font-size:9pt;color:#000000;">nine</span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> months ended </span><span style="font-family:Roboto;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> include the </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>$6.8 million</span></span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> termination fee discussed in “2015 QSR Transaction” above.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:12px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup> </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">Ceding commissions are reported within Other underwriting and operating expenses, net on the consolidated statements of operations.</span></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div> 23032000 25248000 87721000 79716000 2729000 -522000 7845000 3531000 11042000 12983000 37807000 38268000 32177000 39664000 108079000 111622000 6800000 19500000 33200000 The proceeds of the ILNs, which were deposited into reinsurance trusts for the benefit of MGIC, will be the source of reinsurance claim payments to MGIC and principal repayments on the ILNs.<div style="line-height:120%;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:5%;"/><td style="width:19%;"/><td style="width:1%;"/><td style="width:24%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:14%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:17%;"/><td style="width:1%;"/></tr><tr><td colspan="14" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Excess of Loss Reinsurance</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">4.3</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">As of September 30, 2019</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Home Re Entity (Issue Date)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Policy Inforce Dates</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Termination Option Date </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Remaining First Layer Retention</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Remaining Excess of Loss Reinsurance Coverages</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Home Re 2018-1 Ltd. (Oct. - 2018)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">July 1, 2016 - December 31, 2017</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">October 25, 2025</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>168,112</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>288,852</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Home Re 2019-1 Ltd. (May - 2019)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">January 1, 2018 - March 31, 2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">May 25, 2026</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>185,714</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>315,739</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>353,826</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>604,591</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><div style="line-height:120%;font-size:9pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup> </span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">We have the right to terminate the excess-of-loss reinsurance agreements under certain circumstances and on any payment date on or after the respective termination option date. </span></div> 168112000 288852000 185714000 315739000 353826000 604591000 5400000 12400000 <div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Table </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">4.4</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> presents the total assets of the Home Re Entities as of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">.</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.69969969969969%;border-collapse:collapse;text-align:left;"><tr><td colspan="6"/></tr><tr><td style="width:10%;"/><td style="width:50%;"/><td style="width:2%;"/><td style="width:1%;"/><td style="width:36%;"/><td style="width:1%;"/></tr><tr><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Home Re total assets</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">4.4</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Home Re Entity (Issue date)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Total VIE Assets</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;text-decoration:underline;">September 30, 2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Home Re 2018-01 Ltd. (Oct - 2018)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>299,655</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Home Re 2019-01 Ltd. (May - 2019)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>315,739</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;text-decoration:underline;">December 31, 2018</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Home Re 2018-01 Ltd. (Oct - 2018)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>318,636</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div> 299655000 315739000 318636000 Litigation and Contingencies<div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Before paying an insurance claim, we review the loan and servicing files to determine the appropriateness of the claim amount. When reviewing the files, we may determine that we have the right to rescind coverage on the loan. We refer to insurance rescissions and denials of claims collectively as “rescissions” and variations of that term. In addition, our insurance policies generally provide that we can reduce or deny a claim if the servicer did not comply with its obligations under our insurance policy. We call such reduction of claims “curtailments.” In recent quarters, an immaterial percentage of claims received in a quarter have been resolved by rescissions. In </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, and the first </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, curtailments reduced our average claim paid by approximately </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>5.8%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>4.7%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, respectively.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Our loss reserving methodology incorporates our estimates of future rescissions, curtailments, and reversals of rescissions and curtailments. A variance between ultimate actual rescission, curtailment and reversal rates and our estimates, as a result of the outcome of litigation, settlements or other factors, could materially affect our losses.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">When the insured disputes our right to rescind coverage or curtail claims, we generally engage in discussions in an attempt to settle the dispute. If we are unable to reach a settlement, the outcome of a dispute ultimately may be determined by legal proceedings. </span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Under ASC 450-20, until a loss associated with settlement discussions or legal proceedings becomes probable and can be reasonably estimated, we consider our claim payment or rescission resolved for financial reporting purposes and do not accrue an estimated loss. Where we have determined that a loss is probable and can be reasonably estimated, we have recorded our best estimate of our probable loss, including recording a probable loss of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$23.5 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> in the first quarter of 2019. Until settlement negotiations or legal proceedings for which we have recorded a probable loss are concluded; (including the receipt of any necessary GSE approvals), it is reasonably possible that we will record an additional loss. In addition to matters for which we have recorded a probable loss, we are involved in other discussions and/or proceedings with insureds with respect to our claims paying practices. Although it is reasonably possible that when all of these matters are resolved we will not prevail in all cases, we are unable to make a reasonable estimate or range of estimates of the potential liability. We estimate the maximum exposure associated with matters where a loss is reasonably possible to be approximately </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$264.0 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> more than the amount of probable loss we have recorded. This estimate of maximum exposure is based upon currently available information; is subject to significant judgment, numerous assumptions and known and unknown uncertainties; will include an amount for matters for which we have recorded a probable loss until such matters are concluded; will include different matters from time to time; and does not include interest or consequential or exemplary damages. In the third quarter of 2019, we entered into an agreement to settle a claims paying practices dispute for which we previously had recognized a probable loss. There was no additional loss recognized as a result of entering into the agreement, as the settlement amount was consistent with our original estimate of the probable loss. The agreement remains subject to GSE approval.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Mortgage insurers, including MGIC, have in the past been involved in litigation and regulatory actions related to alleged violations of the anti-referral fee provisions of the Real Estate Settlement Procedures Act (“RESPA”), and the notice provisions of the Fair Credit Reporting Act (“FCRA”). While these proceedings in the aggregate did not result in material liability for MGIC, there can be no assurance that the outcome of future proceedings, if any, under these laws would not have a material adverse effect on us. To the extent that we are construed to make independent credit decisions in connection with our contract underwriting activities, we also could be subject to increased regulatory requirements under the Equal Credit </span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Opportunity Act (“EOCA”), FCRA, and other laws. Under ECOA, examination may also be made of whether a mortgage insurer’s underwriting decisions have a disparate impact on persons belonging to a protected class in violation of the law.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Through a non-insurance subsidiary, we utilize our underwriting skills to provide an outsourced underwriting service to our customers known as contract underwriting. As part of the contract underwriting activities, that subsidiary is responsible for the quality of the underwriting decisions in accordance with the terms of the contract underwriting agreements with customers. That subsidiary may be required to provide certain remedies to its customers if certain standards relating to the quality of our underwriting work are not met, and we have an established reserve for such future obligations. Claims for remedies may be made a number of years after the underwriting work was performed. The underwriting remedy expense for </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and the first </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> was immaterial to our consolidated financial statements.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">In addition to the matters described above, we are involved in other legal proceedings in the ordinary course of business. In our opinion, based on the facts known at this time, the ultimate resolution of these ordinary course legal proceedings will not have a material adverse effect on our financial position or consolidated results of operations.</span></div> 0.058 0.047 23500000 264000000.0 Earnings per Share<div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Basic earnings per share (“EPS”) is calculated by dividing net income by the weighted average number of shares of common stock outstanding. For purposes of calculating basic EPS, vested restricted stock and restricted stock units (“RSUs”) are considered outstanding. Diluted EPS includes the components of basic EPS and also gives effect to dilutive common stock equivalents. We calculate diluted EPS using the treasury stock method and if-converted method. Under the treasury stock method, diluted EPS reflects the potential dilution that could occur if unvested RSUs result in the issuance of common stock. Under the if-converted method, diluted EPS reflects the potential dilution that could occur if our </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>9%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> Debentures result in the issuance of common stock. The determination of potentially issuable shares does not consider the satisfaction of the conversion requirements and the shares are included in the determination of diluted EPS as of the beginning of the period, if dilutive.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> </span></div><div style="line-height:120%;text-align:left;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">6.1</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> reconciles the numerators and denominators used to calculate basic and diluted EPS.</span></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:7%;"/><td style="width:41%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Earnings per share</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">6.1</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Three Months Ended September 30,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine Months Ended September 30,</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands, except per share data)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Basic earnings per share:</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net income</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>176,934</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>181,900</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>496,653</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>512,351</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Weighted average common shares outstanding - basic</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>351,475</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>362,180</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>354,272</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>367,190</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Basic earnings per share</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>0.50</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>0.50</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1.40</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1.40</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Diluted earnings per share:</span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net income</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>176,934</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>181,900</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>496,653</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>512,351</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Interest expense, net of tax </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span><span style="font-family:Roboto,sans-serif;font-size:8pt;">:</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">9% Debentures</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>4,566</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>4,566</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>13,698</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>13,698</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Diluted income available to common shareholders</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>181,500</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>186,466</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>510,351</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>526,049</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Weighted average common shares outstanding - basic</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>351,475</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>362,180</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>354,272</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>367,190</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Effect of dilutive securities:</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Unvested RSUs</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,072</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,697</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,966</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,547</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">9% Debentures</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>19,028</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>19,028</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>19,028</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>19,028</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Weighted average common shares outstanding - diluted</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>372,575</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>382,905</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>375,266</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>387,765</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Diluted earnings per share</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>0.49</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>0.49</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1.36</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1.36</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup> </span></div><div style="line-height:120%;text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">The periods ended </span><span style="font-family:Roboto;font-size:8pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> and </span><span style="font-family:Roboto;font-size:8pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> were tax-effected at a rate of 21%.</span></div> 0.09 <div style="line-height:120%;text-align:left;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">6.1</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> reconciles the numerators and denominators used to calculate basic and diluted EPS.</span></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:7%;"/><td style="width:41%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Earnings per share</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">6.1</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Three Months Ended September 30,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine Months Ended September 30,</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands, except per share data)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Basic earnings per share:</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net income</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>176,934</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>181,900</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>496,653</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>512,351</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Weighted average common shares outstanding - basic</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>351,475</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>362,180</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>354,272</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>367,190</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Basic earnings per share</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>0.50</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>0.50</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1.40</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1.40</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Diluted earnings per share:</span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net income</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>176,934</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>181,900</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>496,653</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>512,351</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Interest expense, net of tax </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span><span style="font-family:Roboto,sans-serif;font-size:8pt;">:</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">9% Debentures</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>4,566</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>4,566</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>13,698</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>13,698</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Diluted income available to common shareholders</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>181,500</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>186,466</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>510,351</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>526,049</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Weighted average common shares outstanding - basic</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>351,475</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>362,180</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>354,272</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>367,190</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Effect of dilutive securities:</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Unvested RSUs</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,072</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,697</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,966</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,547</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">9% Debentures</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>19,028</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>19,028</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>19,028</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>19,028</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Weighted average common shares outstanding - diluted</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>372,575</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>382,905</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>375,266</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>387,765</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Diluted earnings per share</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>0.49</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>0.49</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1.36</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1.36</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup> </span></div><div style="line-height:120%;text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">The periods ended </span><span style="font-family:Roboto;font-size:8pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> and </span><span style="font-family:Roboto;font-size:8pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> were tax-effected at a rate of 21%.</span></div> 176934000 181900000 496653000 512351000 351475000 362180000 354272000 367190000 0.50 0.50 1.40 1.40 176934000 181900000 496653000 512351000 4566000 4566000 13698000 13698000 181500000 186466000 510351000 526049000 351475000 362180000 354272000 367190000 2072000 1697000 1966000 1547000 19028000 19028000 19028000 19028000 372575000 382905000 375266000 387765000 0.49 0.49 1.36 1.36 Investments<div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Fixed income securities</span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The amortized cost, gross unrealized gains and losses, and fair value of investments in fixed income securities classified as available-for-sale at </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> are shown in tables </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">7.1a</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">7.1b</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below.</span></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:7%;"/><td style="width:41%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Details of fixed income securities by category as of September 30, 2019</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">7.1a</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Amortized Cost</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Gross Unrealized Gains</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Gross Unrealized (Losses) </span><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Fair Value</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">U.S. Treasury securities and obligations of U.S. government corporations and agencies</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>197,748</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,456</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(75</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>199,129</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Obligations of U.S. states and political subdivisions</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,552,283</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>108,763</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(494</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,660,552</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Corporate debt securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,653,124</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>74,630</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(3,151</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,724,603</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Asset backed securities (“ABS”)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>212,792</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,819</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(65</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>215,546</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Residential mortgage backed securities (“RMBS”)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>248,098</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,022</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(2,663</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>246,457</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Commercial mortgage backed securities (“CMBS”)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>280,364</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>6,714</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(266</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>286,812</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Collateralized loan obligations (“CLOs”)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>329,484</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>81</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(1,672</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>327,893</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total fixed income securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>5,473,893</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>195,485</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(8,386</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>5,660,992</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:4px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:7%;"/><td style="width:41%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Details of fixed income securities by category as of December 31, 2018</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">7.1b</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Amortized Cost</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Gross Unrealized Gains</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Gross Unrealized (Losses) </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fair Value</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">U.S. Treasury securities and obligations of U.S. government corporations and agencies</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>167,655</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>597</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,076</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>167,176</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Obligations of U.S. states and political subdivisions</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,701,826</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>29,259</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(10,985</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,720,100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Corporate debt securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,439,173</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,103</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(40,514</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,400,762</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">ABS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>111,953</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>226</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(146</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>112,033</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">RMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>189,238</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>32</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(10,309</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>178,961</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>276,352</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>888</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(9,580</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>267,660</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CLOs</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>310,587</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(5,294</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>305,295</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total fixed income securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>5,196,784</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>33,107</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(77,904</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>5,151,987</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup> </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">At </span><span style="font-family:Roboto;font-size:8pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> and </span><span style="font-family:Roboto;font-size:8pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">, there were no other-than-temporary impairment losses recorded in other comprehensive income.</span></div></td></tr></table><div style="line-height:120%;text-align:left;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The increase in gross unrealized gains and the decrease in gross unrealized losses in our fixed income securities from December 31, 2018 to September 30, 2019 were primarily caused by declines in interest rates during that period.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">We had </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$13.8 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$13.5 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> of investments at fair value on deposit with various states as of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, respectively, due to regulatory requirements of those state insurance departments.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The amortized cost and fair values of fixed income securities at </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, by contractual maturity, are shown in table </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">7.2</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below. Actual maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Because most ABS, RMBS, CMBS, and CLOs provide for periodic payments throughout their lives, they are listed in separate categories.</span></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10"/></tr><tr><td style="width:6%;"/><td style="width:68%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td colspan="10" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Fixed income securities maturity schedule</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">7.2</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">September 30, 2019</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;font-weight:bold;">Amortized cost</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;font-weight:bold;">Fair Value</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Due in one year or less</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>372,478</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>373,388</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Due after one year through five years</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,928,972</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,966,387</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Due after five years through ten years</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,001,486</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,059,774</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Due after ten years</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,100,219</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,184,735</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>4,403,155</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>4,584,284</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">ABS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>212,792</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>215,546</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">RMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>248,098</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>246,457</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>280,364</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>286,812</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CLOs</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>329,484</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>327,893</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total as of September 30, 2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>5,473,893</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>5,660,992</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:left;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Proceeds from sales of fixed income securities classified as available-for-sale were </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$201.4 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$338.9 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> during the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, respectively. Gross gains of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$3.3 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$5.3 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and gross losses of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$0.7 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$3.0 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> were realized on those sales during the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">three and nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, respectively. Gross gains of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$0.3 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$0.4 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and gross losses of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$2.3 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$3.3 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> were realized on those sales during the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">three and nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, respectively. During the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, we recorded other-than-temporary impairment (“OTTI”) losses of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$0.1 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">. During the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">three and nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, we recorded OTTI losses of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">$0.5 million</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$1.8 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, respectively.</span></div><div style="line-height:120%;text-align:left;padding-left:96px;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Equity securities</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The cost and fair value of investments in equity securities at </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> are shown in tables </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">7.3a</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">7.3b</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below.</span></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:7%;"/><td style="width:45%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Details of equity security investments as of September 30, 2019</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">7.3a</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Cost</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Gross Gains</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Gross Losses</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Fair Value</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Equity securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>17,205</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>163</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(8</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>17,360</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:7%;"/><td style="width:45%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Details of equity security investments as of December 31, 2018</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">7.3b</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Cost</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Gross Gains</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Gross Losses</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fair Value</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Equity securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,993</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>11</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(72</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,932</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:left;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">For the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">three and nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, we recognized an insignificant amount and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$0.2 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, respectively, of net gains on equity securities still held as of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">. For the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, we recognized </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$3.6 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> of net gains on equity securities still held as of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">. </span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Other invested assets</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Other invested assets include an investment in Federal Home Loan Bank (“FHLB”) stock that is carried at cost, which due to its nature approximates fair value. Ownership of FHLB stock provides access to a secured lending facility, and our current FHLB Advance amount is secured by eligible collateral whose fair value is maintained at a minimum of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>102%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> of the outstanding principal balance. As of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, that collateral consisted of fixed income securities included in our total investment portfolio, and cash and cash equivalents, with a total fair value of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$165.4 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Unrealized investment losses</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Tables </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">7.4a</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">7.4b</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below summarize, for all available-for-sale investments in an unrealized loss position at </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, the aggregate fair value and gross unrealized loss by the length of time those securities have been continuously in an unrealized loss position. The fair value amounts reported in tables </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">7.4a</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">7.4b</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> are estimated using the process described in </span><a href="#sBD5F8A2C4E4754DD88FD24EA474406CD" style="font-family:Roboto,sans-serif;font-size:9pt;text-decoration:none;"><span style="font-family:Roboto,sans-serif;font-size:9pt;text-decoration:none;">Note 8 - “Fair Value Measurements”</span></a><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> to these consolidated financial statements and in Note 3 - “Significant Accounting Policies” of the notes to the consolidated financial statements in our </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> Annual Report on Form 10-K.</span></div><div style="line-height:120%;padding-bottom:4px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="26"/></tr><tr><td style="width:2%;"/><td style="width:26%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td colspan="26" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Unrealized loss aging for securities by type and length of time as of September 30, 2019</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">7.4a</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Less Than 12 Months</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">12 Months or Greater</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Total</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fair Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Unrealized Losses</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fair Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Unrealized Losses</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Fair Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Unrealized Losses</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">U.S. Treasury securities and obligations of U.S. government corporations and agencies</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>25,284</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(48</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>7,364</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(27</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>32,648</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(75</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Obligations of U.S. states and political subdivisions</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>4,965</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(467</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>10,007</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(27</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>14,972</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(494</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Corporate debt securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>135,541</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(2,818</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>78,842</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(333</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>214,383</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(3,151</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">ABS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>8,998</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(65</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>8,998</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(65</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">RMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>47,166</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(309</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>116,534</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(2,354</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>163,700</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(2,663</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>21,882</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(196</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>13,579</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(70</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>35,461</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(266</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CLOs</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>147,272</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,008</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>113,322</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(664</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>260,594</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(1,672</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>391,108</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(4,911</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>339,648</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(3,475</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>730,756</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(8,386</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="26"/></tr><tr><td style="width:1%;"/><td style="width:27%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td colspan="26" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Unrealized loss aging for securities by type and length of time as of December 31, 2018</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">7.4b</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Less Than 12 Months</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">12 Months or Greater</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fair Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Unrealized</span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"> Losses</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fair Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Unrealized</span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Losses</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fair Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Unrealized</span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"> Losses</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">U.S. Treasury securities and obligations of U.S. government corporations and agencies</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>23,710</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(15</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>69,146</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,061</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>92,856</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,076</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Obligations of U.S. states and political subdivisions</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>316,655</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(3,875</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>358,086</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(7,110</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>674,741</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(10,985</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Corporate debt securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,272,279</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(18,130</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>785,627</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(22,384</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,057,906</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(40,514</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">ABS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>51,324</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(146</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>51,324</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(146</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">RMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>24</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>178,573</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(10,309</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>178,597</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(10,309</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>65,704</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,060</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>163,272</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(8,520</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>228,976</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(9,580</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CLOs</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>296,497</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(5,294</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>296,497</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(5,294</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,026,193</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(28,520</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,554,704</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(49,384</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,580,897</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(77,904</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:left;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The unrealized losses in all categories of our investments at </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> were primarily caused by changes in interest rates between the time of purchase and the respective fair value measurement date. There were </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>183</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>721</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> securities in an unrealized loss position at </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2018</span>, respectively. <div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The amortized cost, gross unrealized gains and losses, and fair value of investments in fixed income securities classified as available-for-sale at </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> are shown in tables </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">7.1a</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">7.1b</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below.</span></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:7%;"/><td style="width:41%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Details of fixed income securities by category as of September 30, 2019</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">7.1a</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Amortized Cost</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Gross Unrealized Gains</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Gross Unrealized (Losses) </span><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Fair Value</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">U.S. Treasury securities and obligations of U.S. government corporations and agencies</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>197,748</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,456</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(75</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>199,129</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Obligations of U.S. states and political subdivisions</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,552,283</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>108,763</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(494</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,660,552</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Corporate debt securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,653,124</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>74,630</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(3,151</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,724,603</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Asset backed securities (“ABS”)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>212,792</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,819</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(65</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>215,546</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Residential mortgage backed securities (“RMBS”)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>248,098</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,022</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(2,663</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>246,457</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Commercial mortgage backed securities (“CMBS”)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>280,364</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>6,714</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(266</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>286,812</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Collateralized loan obligations (“CLOs”)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>329,484</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>81</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(1,672</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>327,893</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total fixed income securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>5,473,893</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>195,485</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(8,386</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>5,660,992</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:4px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:7%;"/><td style="width:41%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Details of fixed income securities by category as of December 31, 2018</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">7.1b</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Amortized Cost</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Gross Unrealized Gains</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Gross Unrealized (Losses) </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fair Value</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">U.S. Treasury securities and obligations of U.S. government corporations and agencies</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>167,655</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>597</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,076</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>167,176</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Obligations of U.S. states and political subdivisions</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,701,826</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>29,259</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(10,985</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,720,100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Corporate debt securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,439,173</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,103</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(40,514</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,400,762</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">ABS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>111,953</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>226</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(146</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>112,033</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">RMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>189,238</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>32</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(10,309</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>178,961</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>276,352</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>888</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(9,580</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>267,660</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CLOs</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>310,587</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(5,294</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>305,295</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total fixed income securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>5,196,784</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>33,107</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(77,904</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>5,151,987</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup> </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">At </span><span style="font-family:Roboto;font-size:8pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> and </span><span style="font-family:Roboto;font-size:8pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">, there were no other-than-temporary impairment losses recorded in other comprehensive income.</span></div></td></tr></table><div style="line-height:120%;text-align:left;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div> 197748000 1456000 75000 199129000 1552283000 108763000 494000 1660552000 2653124000 74630000 3151000 2724603000 212792000 2819000 65000 215546000 248098000 1022000 2663000 246457000 280364000 6714000 266000 286812000 329484000 81000 1672000 327893000 5473893000 195485000 8386000 5660992000 167655000 597000 1076000 167176000 1701826000 29259000 10985000 1720100000 2439173000 2103000 40514000 2400762000 111953000 226000 146000 112033000 189238000 32000 10309000 178961000 276352000 888000 9580000 267660000 310587000 2000 5294000 305295000 5196784000 33107000 77904000 5151987000 13800000 13500000 <div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The amortized cost and fair values of fixed income securities at </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, by contractual maturity, are shown in table </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">7.2</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below. Actual maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Because most ABS, RMBS, CMBS, and CLOs provide for periodic payments throughout their lives, they are listed in separate categories.</span></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10"/></tr><tr><td style="width:6%;"/><td style="width:68%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td colspan="10" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Fixed income securities maturity schedule</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">7.2</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">September 30, 2019</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;font-weight:bold;">Amortized cost</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;font-weight:bold;">Fair Value</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Due in one year or less</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>372,478</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>373,388</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Due after one year through five years</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,928,972</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,966,387</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Due after five years through ten years</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,001,486</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,059,774</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Due after ten years</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,100,219</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,184,735</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>4,403,155</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>4,584,284</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">ABS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>212,792</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>215,546</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">RMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>248,098</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>246,457</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>280,364</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>286,812</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CLOs</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>329,484</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>327,893</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total as of September 30, 2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>5,473,893</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>5,660,992</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div> 372478000 373388000 1928972000 1966387000 1001486000 1059774000 1100219000 1184735000 4403155000 4584284000 212792000 215546000 248098000 246457000 280364000 286812000 329484000 327893000 5473893000 5660992000 201400000 338900000 3300000 5300000 700000 3000000.0 300000 400000 2300000 3300000 100000 1800000 <div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The cost and fair value of investments in equity securities at </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> are shown in tables </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">7.3a</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">7.3b</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below.</span></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:7%;"/><td style="width:45%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Details of equity security investments as of September 30, 2019</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">7.3a</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Cost</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Gross Gains</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Gross Losses</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Fair Value</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Equity securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>17,205</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>163</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(8</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>17,360</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:7%;"/><td style="width:45%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Details of equity security investments as of December 31, 2018</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">7.3b</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Cost</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Gross Gains</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Gross Losses</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fair Value</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Equity securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,993</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>11</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(72</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,932</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div> 17205000 163000 8000 17360000 3993000 11000 72000 3932000 200000 3600000 1.02 165400000 <div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Tables </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">7.4a</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">7.4b</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below summarize, for all available-for-sale investments in an unrealized loss position at </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, the aggregate fair value and gross unrealized loss by the length of time those securities have been continuously in an unrealized loss position. The fair value amounts reported in tables </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">7.4a</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">7.4b</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> are estimated using the process described in </span><a href="#sBD5F8A2C4E4754DD88FD24EA474406CD" style="font-family:Roboto,sans-serif;font-size:9pt;text-decoration:none;"><span style="font-family:Roboto,sans-serif;font-size:9pt;text-decoration:none;">Note 8 - “Fair Value Measurements”</span></a><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> to these consolidated financial statements and in Note 3 - “Significant Accounting Policies” of the notes to the consolidated financial statements in our </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> Annual Report on Form 10-K.</span></div><div style="line-height:120%;padding-bottom:4px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="26"/></tr><tr><td style="width:2%;"/><td style="width:26%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td colspan="26" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Unrealized loss aging for securities by type and length of time as of September 30, 2019</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">7.4a</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Less Than 12 Months</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">12 Months or Greater</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Total</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fair Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Unrealized Losses</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fair Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Unrealized Losses</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Fair Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Unrealized Losses</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">U.S. Treasury securities and obligations of U.S. government corporations and agencies</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>25,284</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(48</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>7,364</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(27</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>32,648</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(75</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Obligations of U.S. states and political subdivisions</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>4,965</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(467</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>10,007</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(27</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>14,972</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(494</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Corporate debt securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>135,541</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(2,818</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>78,842</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(333</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>214,383</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(3,151</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">ABS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>8,998</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(65</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>8,998</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(65</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">RMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>47,166</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(309</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>116,534</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(2,354</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>163,700</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(2,663</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>21,882</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(196</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>13,579</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(70</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>35,461</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(266</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CLOs</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>147,272</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,008</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>113,322</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(664</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>260,594</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(1,672</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>391,108</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(4,911</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>339,648</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(3,475</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>730,756</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(8,386</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="26"/></tr><tr><td style="width:1%;"/><td style="width:27%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td colspan="26" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Unrealized loss aging for securities by type and length of time as of December 31, 2018</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">7.4b</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Less Than 12 Months</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">12 Months or Greater</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fair Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Unrealized</span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"> Losses</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fair Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Unrealized</span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Losses</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fair Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Unrealized</span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"> Losses</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">U.S. Treasury securities and obligations of U.S. government corporations and agencies</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>23,710</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(15</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>69,146</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,061</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>92,856</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,076</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Obligations of U.S. states and political subdivisions</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>316,655</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(3,875</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>358,086</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(7,110</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>674,741</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(10,985</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Corporate debt securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,272,279</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(18,130</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>785,627</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(22,384</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,057,906</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(40,514</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">ABS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>51,324</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(146</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>51,324</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(146</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">RMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>24</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>178,573</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(10,309</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>178,597</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(10,309</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>65,704</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,060</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>163,272</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(8,520</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>228,976</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(9,580</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CLOs</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>296,497</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(5,294</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>296,497</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(5,294</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,026,193</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(28,520</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,554,704</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(49,384</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,580,897</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(77,904</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:left;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div> 25284000 48000 7364000 27000 32648000 75000 4965000 467000 10007000 27000 14972000 494000 135541000 2818000 78842000 333000 214383000 3151000 8998000 65000 0 0 8998000 65000 47166000 309000 116534000 2354000 163700000 2663000 21882000 196000 13579000 70000 35461000 266000 147272000 1008000 113322000 664000 260594000 1672000 391108000 4911000 339648000 3475000 730756000 8386000 23710000 15000 69146000 1061000 92856000 1076000 316655000 3875000 358086000 7110000 674741000 10985000 1272279000 18130000 785627000 22384000 2057906000 40514000 51324000 146000 0 0 51324000 146000 24000 0 178573000 10309000 178597000 10309000 65704000 1060000 163272000 8520000 228976000 9580000 296497000 5294000 0 0 296497000 5294000 2026193000 28520000 1554704000 49384000 3580897000 77904000 183 721 Fair Value Measurements<div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Recurring fair value measurements</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The following describes the valuation methodologies generally used by the independent pricing sources, or by us, to measure financial instruments at fair value, including the general classification of such financial instruments pursuant to the valuation hierarchy.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#0084ce;font-style:normal;">Level 1 measurements</span></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:12px;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Fixed income securities: Consist of primarily U.S. Treasury securities with valuations derived from quoted prices for identical instruments in active markets that we can access.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:12px;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Equity securities: Consist of actively traded, exchange-listed equity securities with valuations derived from quoted prices for identical assets in active markets that we can access.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:12px;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Other: Consists of money market funds with valuations derived from quoted prices for identical assets in active markets that we can access.</span></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#0084ce;font-style:normal;">Level 2 measurements</span></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:12px;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Fixed income securities:</span></div></td></tr></table><div style="line-height:120%;padding-top:8px;text-align:justify;padding-left:24px;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-style:italic;">Corporate Debt &amp; U.S. Government and Agency Bonds</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> are valued by surveying the dealer community, obtaining relevant trade data, benchmark quotes and spreads and incorporating this information into the valuation process.</span></div><div style="line-height:120%;padding-top:8px;text-align:justify;padding-left:24px;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-style:italic;">Obligations of U.S. States &amp; Political Subdivisions</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> are valued by tracking, capturing, and analyzing quotes for active issues and trades reported via the Municipal Securities Rulemaking Board records. Daily briefings and reviews of current economic conditions, trading levels, spread relationships, and the slope of the yield curve provide further data for evaluation.</span></div><div style="line-height:120%;padding-top:8px;text-align:justify;padding-left:24px;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-style:italic;">Residential Mortgage-Backed Securities ("RMBS")</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> are valued by monitoring interest rate movements, and other pertinent data daily. Incoming market data is enriched to derive spread, yield and/or price data as appropriate, enabling known data points to be extrapolated for valuation application across a range of related securities.</span></div><div style="line-height:120%;padding-top:8px;text-align:justify;padding-left:24px;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-style:italic;">Commercial Mortgage-Backed Securities ("CMBS")</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> are valued using techniques that reflect market participants’ assumptions and maximize the use of relevant observable inputs including quoted prices for similar assets, benchmark yield curves and market corroborated inputs. Evaluation uses regular reviews of the inputs for securities covered, including executed trades, broker quotes, credit information, collateral attributes and/or cash flow waterfall as applicable.</span></div><div style="line-height:120%;padding-top:8px;text-align:justify;padding-left:24px;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-style:italic;">Asset-Backed Securities ("ABS")</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> are valued using spreads and other information solicited from market buy-and-sell-side sources, including primary and secondary dealers, portfolio managers, and research analysts. Cash flows are generated for each tranche, benchmark yields are determined, and deal collateral performance and tranche level attributes including trade activity, bids, and offers are applied, resulting in tranche specific prices.</span></div><div style="line-height:120%;padding-top:8px;text-align:justify;padding-left:24px;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-style:italic;">Collateralized loan obligations ("CLOs")</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> are valued by evaluating manager rating, seniority in the capital structure, assumptions about prepayment, default and recovery and their impact on cash flow generation. Loan level net asset values are determined and aggregated for tranches and as a final step prices are checked against available recent trade activity.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#0084ce;font-style:normal;">Level 3 measurements</span></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:12px;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Real estate acquired is valued at the lower of our acquisition cost or a percentage of the appraised value. The percentage applied to the appraised value is based upon our historical sales experience adjusted for current trends.</span></div></td></tr></table><div style="line-height:120%;text-align:left;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Assets measured at fair value, by hierarchy level, as of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> are shown in tables </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">8.1a</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">8.1b</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below. The fair value of the assets is estimated using the process described above, and more fully in Note 3 - “Significant Accounting Policies” of the notes to the consolidated financial statements in our </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> Annual Report on Form 10-K. </span></div><div style="line-height:120%;padding-bottom:4px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:6%;"/><td style="width:34%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Assets carried at fair value by hierarchy level as of September 30, 2019</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">8.1a</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Total Fair Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Quoted Prices in Active Markets for Identical Assets</span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">(Level 1)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Significant Other Observable Inputs</span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">(Level 2)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Significant Unobservable Inputs</span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">(Level 3)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">U.S. Treasury securities and obligations of U.S. government corporations and agencies</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>199,129</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>40,545</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>158,584</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Obligations of U.S. states and political subdivisions</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,660,552</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,660,552</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Corporate debt securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,724,603</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,724,603</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">ABS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>215,546</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>215,546</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">RMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>246,457</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>246,457</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>286,812</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>286,812</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CLOs</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>327,893</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>327,893</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total fixed income securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>5,660,992</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>40,545</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>5,620,447</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Equity securities</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>17,360</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>17,360</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Other </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>161,518</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>161,518</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Real estate acquired </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>7,779</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>7,779</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>5,847,649</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>219,423</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>5,620,447</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>7,779</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:8px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:6%;"/><td style="width:34%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Assets carried at fair value by hierarchy level as of December 31, 2018</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">8.1b</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total Fair Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Quoted Prices in Active Markets for Identical Assets </span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">(Level 1)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Significant Other Observable Inputs </span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">(Level 2)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Significant Unobservable Inputs </span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">(Level 3)</span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">U.S. Treasury securities and obligations of U.S. government corporations and agencies</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>167,176</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>42,264</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>124,912</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Obligations of U.S. states and political subdivisions</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,720,100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,720,087</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>13</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Corporate debt securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,400,762</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,400,762</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">ABS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>112,033</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>112,033</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">RMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>178,961</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>178,961</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>267,660</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>267,660</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CLOs</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>305,295</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>305,295</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total fixed income securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>5,151,987</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>42,264</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>5,109,710</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>13</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Equity securities</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,932</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,932</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Other </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>96,403</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>96,403</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Real estate acquired </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>14,535</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>14,535</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>5,266,857</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>142,599</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>5,109,710</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>14,548</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup> </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">Consists of money market funds included in “Cash and Cash Equivalents” and “Restricted Cash and Cash Equivalents” on the consolidated balance sheets.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup> </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">Real estate acquired through claim settlement, which is held for sale, is reported in “Other assets” on the consolidated balance sheets.</span></div></td></tr></table><div style="line-height:120%;padding-bottom:4px;text-align:left;padding-left:0px;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#0084ce;">Reconciliations of Level 3 assets</span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9.5pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">For assets measured at fair value using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances for the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">three and nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> is shown in tables </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9.5pt;font-weight:normal;">8.2a</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> through </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">8.2d</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below. As shown in table 8.2d below, we transferred our FHLB stock out of Level 3 assets, and it is carried at cost, which approximates fair value, on our consolidated balance sheet in </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-style:italic;">“Other invested assets.”</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> There were no losses included in earnings for those periods attributable to the change in unrealized losses on assets still held at the end of the applicable period.</span></div><div style="line-height:120%;padding-bottom:4px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:6%;"/><td style="width:46%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Fair value roll-forward for financial instruments classified as Level 3 for the three months ended September 30, 2019</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">8.2a</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fixed income</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Equity Securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total Investments</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Real Estate Acquired</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Balance at June 30, 2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>10,250</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Purchases</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>4,681</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Sales</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(7,173</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Included in earnings and reported as losses incurred, net</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>21</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Balance at September 30, 2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>7,779</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:4px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:5%;"/><td style="width:47%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Fair value roll-forward for financial instruments classified as Level 3 for the nine months ended September 30, 2019</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">8.2b</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fixed income</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Equity Securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total Investments</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Real Estate Acquired</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Balance at December 31, 2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>13</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>13</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>14,535</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Purchases</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>19,872</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Sales</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(13</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(13</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(26,197</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Included in earnings and reported as losses incurred, net</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(431</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Balance at September 30, 2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>7,779</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:6%;"/><td style="width:46%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Fair value roll-forward for financial instruments classified as Level 3 for the three months ended September 30, 2018</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">8.2c</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fixed income</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Equity<br/>Securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total<br/>Investments</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Real Estate<br/>Acquired</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Balance at June 30, 2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>192</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,168</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,360</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>13,321</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Purchases</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>7,979</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Sales</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(115</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(115</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(8,511</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Included in earnings and reported as net realized investment gains</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,663</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,663</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Included in earnings and reported as losses incurred, net</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(450</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Balance at September 30, 2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>77</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>4,831</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>4,908</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>12,339</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:5%;"/><td style="width:47%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Fair value roll-forward for financial instruments classified as Level 3 for the nine months ended September 30, 2018</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">8.2d</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fixed income</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Equity<br/>Securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total<br/>Investments</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Real Estate<br/>Acquired</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Balance at December 31, 2017</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>271</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>4,268</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>4,539</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>12,713</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Transfers out of Level 3</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(3,100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(3,100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Purchases</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>24,742</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Sales</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(194</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(194</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(24,012</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Included in earnings and reported as net realized investment gains</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,663</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,663</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Included in earnings and reported as losses incurred, net</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,104</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Balance at September 30, 2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>77</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>4,831</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>4,908</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>12,339</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Certain financial instruments, including insurance contracts, are excluded from these fair value disclosure requirements. The carrying values of cash and cash equivalents (Level 1) and accrued investment income (Level 2) approximated their fair values. Additional fair value disclosures related to our investment portfolio are included in </span><a href="#s90642485EC46585DADE2AC974B8A48B8" style="font-family:Roboto,sans-serif;font-size:9pt;text-decoration:none;"><span style="font-family:Roboto,sans-serif;font-size:9pt;text-decoration:none;">Note 7 – “Investments.”</span></a></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Financial assets and liabilities not measured at fair value</span></div><div style="line-height:120%;padding-bottom:4px;padding-top:8px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Other invested assets include an investment in FHLB stock that is carried at cost, which due to restrictions that require it to be redeemed or sold only to the security issuer at par value, approximates fair value. The fair value of other invested assets is categorized as Level 2.</span></div><div style="line-height:120%;padding-bottom:4px;padding-top:8px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Financial liabilities include our outstanding debt obligations. The fair values of our </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>5.75%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> Notes and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>9%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> Debentures were based on observable market prices. The fair value of the FHLB Advance was estimated using cash flows discounted at current incremental borrowing rates for similar borrowing arrangements. In all cases the fair values of the financial liabilities below are categorized as Level 2.</span></div><div style="line-height:120%;padding-bottom:4px;padding-top:8px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Table </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">8.3</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> presents the carrying value and fair value of our financial assets and liabilities disclosed, but not carried, at fair value at </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">. </span></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:7%;"/><td style="width:45%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Financial assets and liabilities not measured at fair value</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">8.3</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;font-weight:bold;">September 30, 2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">December 31, 2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Carrying Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Fair Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Carrying Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fair Value</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;text-decoration:underline;">Financial assets</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Other invested assets</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>3,100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>3,100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;text-decoration:underline;">Financial liabilities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">FHLB Advance</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>155,000</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>156,637</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>155,000</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>150,551</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">5.75% Senior Notes</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>420,578</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>467,317</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>419,713</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>425,791</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">9% Convertible Junior Subordinated Debentures</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>256,872</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>351,699</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>256,872</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>338,069</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total financial liabilities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>832,450</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>975,653</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>831,585</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>914,411</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div> <div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Assets measured at fair value, by hierarchy level, as of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> are shown in tables </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">8.1a</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">8.1b</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below. The fair value of the assets is estimated using the process described above, and more fully in Note 3 - “Significant Accounting Policies” of the notes to the consolidated financial statements in our </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> Annual Report on Form 10-K. </span></div><div style="line-height:120%;padding-bottom:4px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:6%;"/><td style="width:34%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Assets carried at fair value by hierarchy level as of September 30, 2019</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">8.1a</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Total Fair Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Quoted Prices in Active Markets for Identical Assets</span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">(Level 1)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Significant Other Observable Inputs</span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">(Level 2)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Significant Unobservable Inputs</span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">(Level 3)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">U.S. Treasury securities and obligations of U.S. government corporations and agencies</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>199,129</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>40,545</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>158,584</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Obligations of U.S. states and political subdivisions</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,660,552</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,660,552</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Corporate debt securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,724,603</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,724,603</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">ABS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>215,546</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>215,546</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">RMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>246,457</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>246,457</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>286,812</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>286,812</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CLOs</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>327,893</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>327,893</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total fixed income securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>5,660,992</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>40,545</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>5,620,447</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Equity securities</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>17,360</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>17,360</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Other </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>161,518</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>161,518</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Real estate acquired </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>7,779</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>7,779</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>5,847,649</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>219,423</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>5,620,447</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>7,779</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:8px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:6%;"/><td style="width:34%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Assets carried at fair value by hierarchy level as of December 31, 2018</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">8.1b</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total Fair Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Quoted Prices in Active Markets for Identical Assets </span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">(Level 1)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Significant Other Observable Inputs </span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">(Level 2)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Significant Unobservable Inputs </span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">(Level 3)</span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">U.S. Treasury securities and obligations of U.S. government corporations and agencies</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>167,176</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>42,264</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>124,912</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Obligations of U.S. states and political subdivisions</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,720,100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,720,087</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>13</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Corporate debt securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,400,762</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,400,762</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">ABS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>112,033</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>112,033</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">RMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>178,961</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>178,961</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CMBS</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>267,660</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>267,660</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">CLOs</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>305,295</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>305,295</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total fixed income securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>5,151,987</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>42,264</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>5,109,710</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>13</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Equity securities</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,932</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,932</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Other </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>96,403</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>96,403</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Real estate acquired </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>14,535</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>14,535</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>5,266,857</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>142,599</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>5,109,710</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>14,548</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup> </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">Consists of money market funds included in “Cash and Cash Equivalents” and “Restricted Cash and Cash Equivalents” on the consolidated balance sheets.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup> </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">Real estate acquired through claim settlement, which is held for sale, is reported in “Other assets” on the consolidated balance sheets.</span></div></td></tr></table> 199129000 40545000 158584000 0 1660552000 0 1660552000 0 2724603000 0 2724603000 0 215546000 0 215546000 0 246457000 0 246457000 0 286812000 0 286812000 0 327893000 0 327893000 0 5660992000 40545000 5620447000 0 17360000 17360000 0 0 161518000 161518000 0 0 7779000 0 0 7779000 5847649000 219423000 5620447000 7779000 167176000 42264000 124912000 0 1720100000 0 1720087000 13000 2400762000 0 2400762000 0 112033000 0 112033000 0 178961000 0 178961000 0 267660000 0 267660000 0 305295000 0 305295000 0 5151987000 42264000 5109710000 13000 3932000 3932000 0 0 96403000 96403000 0 0 14535000 0 0 14535000 5266857000 142599000 5109710000 14548000 <div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9.5pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">For assets measured at fair value using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances for the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">three and nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> is shown in tables </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9.5pt;font-weight:normal;">8.2a</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> through </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">8.2d</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below. As shown in table 8.2d below, we transferred our FHLB stock out of Level 3 assets, and it is carried at cost, which approximates fair value, on our consolidated balance sheet in </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-style:italic;">“Other invested assets.”</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> There were no losses included in earnings for those periods attributable to the change in unrealized losses on assets still held at the end of the applicable period.</span></div><div style="line-height:120%;padding-bottom:4px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:6%;"/><td style="width:46%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Fair value roll-forward for financial instruments classified as Level 3 for the three months ended September 30, 2019</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">8.2a</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fixed income</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Equity Securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total Investments</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Real Estate Acquired</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Balance at June 30, 2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>10,250</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Purchases</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>4,681</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Sales</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(7,173</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Included in earnings and reported as losses incurred, net</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>21</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Balance at September 30, 2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>7,779</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:4px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:5%;"/><td style="width:47%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Fair value roll-forward for financial instruments classified as Level 3 for the nine months ended September 30, 2019</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">8.2b</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fixed income</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Equity Securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total Investments</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Real Estate Acquired</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Balance at December 31, 2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>13</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>13</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>14,535</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Purchases</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>19,872</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Sales</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(13</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(13</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(26,197</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Included in earnings and reported as losses incurred, net</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(431</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Balance at September 30, 2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>7,779</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:6%;"/><td style="width:46%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Fair value roll-forward for financial instruments classified as Level 3 for the three months ended September 30, 2018</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">8.2c</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fixed income</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Equity<br/>Securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total<br/>Investments</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Real Estate<br/>Acquired</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Balance at June 30, 2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>192</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,168</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,360</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>13,321</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Purchases</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>7,979</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Sales</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(115</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(115</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(8,511</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Included in earnings and reported as net realized investment gains</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,663</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,663</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Included in earnings and reported as losses incurred, net</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(450</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Balance at September 30, 2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>77</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>4,831</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>4,908</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>12,339</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:5%;"/><td style="width:47%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Fair value roll-forward for financial instruments classified as Level 3 for the nine months ended September 30, 2018</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">8.2d</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fixed income</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Equity<br/>Securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total<br/>Investments</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Real Estate<br/>Acquired</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Balance at December 31, 2017</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>271</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>4,268</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>4,539</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>12,713</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Transfers out of Level 3</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(3,100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(3,100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Purchases</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>24,742</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Sales</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(194</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(194</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(24,012</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Included in earnings and reported as net realized investment gains</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,663</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,663</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Included in earnings and reported as losses incurred, net</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,104</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Balance at September 30, 2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>77</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>4,831</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>4,908</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>12,339</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div> 0 0 0 10250000 0 0 0 4681000 0 0 0 7173000 0 0 0 21000 0 0 0 7779000 13000 0 13000 14535000 0 0 0 19872000 13000 0 13000 26197000 0 0 0 -431000 0 0 0 7779000 192000 1168000 1360000 13321000 0 0 0 7979000 115000 0 115000 8511000 0 3663000 3663000 0 0 0 0 -450000 77000 4831000 4908000 12339000 271000 4268000 4539000 12713000 0 3100000 3100000 0 0 0 0 24742000 194000 0 194000 24012000 0 3663000 3663000 0 0 0 0 -1104000 77000 4831000 4908000 12339000 0.0575 0.09 <div style="line-height:120%;padding-bottom:4px;padding-top:8px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Table </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">8.3</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> presents the carrying value and fair value of our financial assets and liabilities disclosed, but not carried, at fair value at </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">. </span></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:7%;"/><td style="width:45%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Financial assets and liabilities not measured at fair value</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">8.3</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;font-weight:bold;">September 30, 2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">December 31, 2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Carrying Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Fair Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Carrying Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Fair Value</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;text-decoration:underline;">Financial assets</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Other invested assets</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>3,100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>3,100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;text-decoration:underline;">Financial liabilities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">FHLB Advance</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>155,000</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>156,637</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>155,000</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>150,551</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">5.75% Senior Notes</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>420,578</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>467,317</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>419,713</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>425,791</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">9% Convertible Junior Subordinated Debentures</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>256,872</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>351,699</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>256,872</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>338,069</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total financial liabilities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>832,450</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>975,653</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>831,585</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>914,411</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div> 3100000 3100000 3100000 3100000 155000000 156637000 155000000 150551000 420578000 467317000 419713000 425791000 256872000 351699000 256872000 338069000 832450000 975653000 831585000 914411000 Other Comprehensive Income<div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The pretax and related income tax (expense) benefit components of our other comprehensive income (loss) for the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">three and nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> are included in table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">9.1</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below. </span></div><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:7%;"/><td style="width:41%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td colspan="10" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Components of other comprehensive income (loss)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">9.1</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Three Months Ended September 30,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine Months Ended September 30,</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net unrealized investment gains (losses) arising during the period</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>39,712</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(15,288</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>231,895</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(109,433</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Income tax (expense) benefit</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(8,340</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,211</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(48,698</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>22,981</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net of taxes</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>31,372</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(12,077</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>183,197</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(86,452</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net changes in benefit plan assets and obligations</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,024</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>558</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>6,074</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,674</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Income tax expense</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(424</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(118</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(1,275</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(352</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net of taxes</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,600</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>440</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>4,799</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,322</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total other comprehensive income (loss)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>41,736</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(14,730</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>237,969</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(107,759</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total income tax (expense) benefit</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(8,764</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,093</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(49,973</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>22,629</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total other comprehensive income (loss), net of tax</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>32,972</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(11,637</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>187,996</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(85,130</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:left;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The pretax and related income tax benefit (expense) components of the amounts reclassified from our accumulated other comprehensive income (loss) (“AOCI”) to our consolidated statements of operations for the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">three and nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> are included in table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">9.2</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below.</span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:7%;"/><td style="width:41%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td colspan="10" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Reclassifications from AOCI</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">9.2</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Three Months Ended September 30,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine Months Ended September 30,</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Reclassification adjustment for net realized gains (losses) </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,772</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(2,567</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,794</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(6,279</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Income tax (expense) benefit</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(582</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>539</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(376</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,318</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net of taxes</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,190</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(2,028</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,418</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(4,961</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Reclassification adjustment related to benefit plan assets and obligations </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(2,024</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(558</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(6,074</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,674</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Income tax benefit</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>424</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>118</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,275</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>352</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net of taxes</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(1,600</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(440</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(4,799</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,322</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total reclassifications</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>748</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(3,125</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(4,280</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(7,953</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total income tax (expense) benefit</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(158</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>657</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>899</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,670</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total reclassifications, net of tax</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>590</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(2,468</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(3,381</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(6,283</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup> </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">Increases (decreases) Net realized investment (losses) gains on the consolidated statements of operations.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup> </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">Decreases (increases) Other underwriting and operating expenses, net on the consolidated statements of operations.</span></div></td></tr></table><div style="line-height:120%;text-align:left;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">A rollforward of AOCI for the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, including amounts reclassified from AOCI, are included in table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">9.3</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below.</span></div><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:6%;"/><td style="width:40%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:15%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:15%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:15%;"/><td style="width:1%;"/></tr><tr><td colspan="14" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Rollforward of AOCI</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">9.3</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine Months Ended September 30, 2019</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net unrealized gains and (losses) on available-for-sale securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net benefit plan assets and (obligations) recognized in shareholders' equity</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total accumulated other comprehensive income (loss)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Balance, December 31, 2018, net of tax</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(35,389</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(88,825</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(124,214</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Other comprehensive income before reclassifications</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>184,615</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>184,615</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Less: Amounts reclassified from AOCI</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,418</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(4,799</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(3,381</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Balance, September 30, 2019, net of tax</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>147,808</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(84,026</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>63,782</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div> <div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The pretax and related income tax (expense) benefit components of our other comprehensive income (loss) for the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">three and nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> are included in table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">9.1</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below. </span></div><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:7%;"/><td style="width:41%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td colspan="10" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Components of other comprehensive income (loss)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">9.1</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Three Months Ended September 30,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine Months Ended September 30,</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net unrealized investment gains (losses) arising during the period</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>39,712</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(15,288</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>231,895</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(109,433</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Income tax (expense) benefit</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(8,340</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,211</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(48,698</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>22,981</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net of taxes</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>31,372</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(12,077</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>183,197</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(86,452</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net changes in benefit plan assets and obligations</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,024</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>558</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>6,074</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,674</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Income tax expense</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(424</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(118</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(1,275</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(352</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net of taxes</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,600</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>440</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>4,799</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,322</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total other comprehensive income (loss)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>41,736</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(14,730</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>237,969</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(107,759</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total income tax (expense) benefit</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(8,764</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,093</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(49,973</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>22,629</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total other comprehensive income (loss), net of tax</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>32,972</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(11,637</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>187,996</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(85,130</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:left;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div> 39712000 -15288000 231895000 -109433000 8340000 -3211000 48698000 -22981000 31372000 -12077000 183197000 -86452000 2024000 558000 6074000 1674000 424000 118000 1275000 352000 1600000 440000 4799000 1322000 41736000 -14730000 237969000 -107759000 8764000 -3093000 49973000 -22629000 32972000 -11637000 187996000 -85130000 <div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The pretax and related income tax benefit (expense) components of the amounts reclassified from our accumulated other comprehensive income (loss) (“AOCI”) to our consolidated statements of operations for the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">three and nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> are included in table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">9.2</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below.</span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:7%;"/><td style="width:41%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td colspan="10" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Reclassifications from AOCI</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">9.2</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Three Months Ended September 30,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine Months Ended September 30,</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Reclassification adjustment for net realized gains (losses) </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,772</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(2,567</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,794</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(6,279</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Income tax (expense) benefit</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(582</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>539</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(376</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,318</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net of taxes</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,190</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(2,028</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,418</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(4,961</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Reclassification adjustment related to benefit plan assets and obligations </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(2,024</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(558</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(6,074</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,674</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Income tax benefit</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>424</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>118</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,275</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>352</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net of taxes</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(1,600</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(440</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(4,799</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,322</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total reclassifications</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>748</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(3,125</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(4,280</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(7,953</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total income tax (expense) benefit</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(158</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>657</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>899</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,670</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total reclassifications, net of tax</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>590</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(2,468</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(3,381</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(6,283</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup> </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">Increases (decreases) Net realized investment (losses) gains on the consolidated statements of operations.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup> </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">Decreases (increases) Other underwriting and operating expenses, net on the consolidated statements of operations.</span></div></td></tr></table><div style="line-height:120%;text-align:left;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div> 2772000 -2567000 1794000 -6279000 582000 -539000 376000 -1318000 2190000 -2028000 1418000 -4961000 -2024000 -558000 -6074000 -1674000 -424000 -118000 -1275000 -352000 -1600000 -440000 -4799000 -1322000 748000 -3125000 -4280000 -7953000 158000 -657000 -899000 -1670000 590000 -2468000 -3381000 -6283000 <div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">A rollforward of AOCI for the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, including amounts reclassified from AOCI, are included in table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">9.3</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below.</span></div><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:6%;"/><td style="width:40%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:15%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:15%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:15%;"/><td style="width:1%;"/></tr><tr><td colspan="14" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Rollforward of AOCI</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">9.3</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine Months Ended September 30, 2019</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net unrealized gains and (losses) on available-for-sale securities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net benefit plan assets and (obligations) recognized in shareholders' equity</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total accumulated other comprehensive income (loss)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Balance, December 31, 2018, net of tax</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(35,389</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(88,825</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(124,214</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Other comprehensive income before reclassifications</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>184,615</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>184,615</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Less: Amounts reclassified from AOCI</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,418</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(4,799</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(3,381</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Balance, September 30, 2019, net of tax</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>147,808</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(84,026</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>63,782</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div> -35389000 -88825000 -124214000 184615000 0 184615000 1418000 -4799000 -3381000 147808000 -84026000 63782000 Benefit Plans<div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Tables </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">10.1</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">10.2</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> provide the components of net periodic benefit cost for our pension, supplemental executive retirement and other postretirement benefit plans for the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">three and nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">.</span></div><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:7%;"/><td style="width:41%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Components of net periodic benefit cost</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">10.1</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Three Months Ended September 30,</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Pension and Supplemental Executive Retirement Plans</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Other Postretirement Benefit Plans</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Service cost</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,086</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,633</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>337</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>290</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Interest cost</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>3,926</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,774</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>283</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>208</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Expected return on plan assets</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(4,866</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(5,563</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(1,447</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,590</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Amortization of net actuarial losses/(gains)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,103</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,734</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(62</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Amortization of prior service cost/(credit)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(71</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(88</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(8</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,026</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net periodic benefit cost (benefit)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>3,178</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,490</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(835</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(2,180</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:7%;"/><td style="width:41%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Components of net periodic benefit cost</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #b9d9eb;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #b9d9eb;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">10.2</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine Months Ended September 30,</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Pension and Supplemental Executive Retirement Plans</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Other Postretirement Benefits</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(in thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Service cost</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>6,258</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>7,898</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,009</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>870</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Interest cost</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>11,779</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>11,321</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>848</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>625</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Expected return on plan assets</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(14,599</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(16,688</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(4,339</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(4,769</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Recognized net actuarial gain (loss)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>6,309</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>5,203</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(187</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Amortization of prior service cost</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(211</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(263</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(25</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(3,078</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net period benefit cost (benefit)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>9,536</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>7,471</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(2,507</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(6,539</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">We currently intend to make contributions totaling </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$10.2 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> to our qualified pension plan and supplemental executive retirement plan in </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">.</span></div> <div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Tables </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">10.1</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">10.2</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> provide the components of net periodic benefit cost for our pension, supplemental executive retirement and other postretirement benefit plans for the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">three and nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">.</span></div><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:7%;"/><td style="width:41%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Components of net periodic benefit cost</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">10.1</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Three Months Ended September 30,</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Pension and Supplemental Executive Retirement Plans</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Other Postretirement Benefit Plans</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Service cost</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,086</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,633</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>337</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>290</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Interest cost</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>3,926</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>3,774</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>283</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>208</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Expected return on plan assets</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(4,866</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(5,563</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(1,447</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,590</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Amortization of net actuarial losses/(gains)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2,103</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,734</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(62</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Amortization of prior service cost/(credit)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(71</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(88</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(8</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,026</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net periodic benefit cost (benefit)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>3,178</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,490</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(835</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(2,180</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18"/></tr><tr><td style="width:7%;"/><td style="width:41%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td colspan="18" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Components of net periodic benefit cost</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #b9d9eb;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #b9d9eb;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">10.2</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine Months Ended September 30,</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Pension and Supplemental Executive Retirement Plans</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Other Postretirement Benefits</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(in thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Service cost</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>6,258</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>7,898</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,009</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>870</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Interest cost</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>11,779</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>11,321</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>848</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>625</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Expected return on plan assets</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(14,599</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(16,688</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(4,339</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(4,769</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Recognized net actuarial gain (loss)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>6,309</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>5,203</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(187</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Amortization of prior service cost</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(211</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(263</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(25</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(3,078</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net period benefit cost (benefit)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>9,536</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>7,471</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(2,507</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(6,539</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div> 2086000 2633000 337000 290000 3926000 3774000 283000 208000 4866000 5563000 1447000 1590000 -2103000 -1734000 0 62000 -71000 -88000 -8000 -1026000 3178000 2490000 -835000 -2180000 6258000 7898000 1009000 870000 11779000 11321000 848000 625000 14599000 16688000 4339000 4769000 -6309000 -5203000 0 187000 -211000 -263000 -25000 -3078000 9536000 7471000 -2507000 -6539000 10200000 Loss Reserves<div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">We establish reserves to recognize the estimated liability for losses and loss adjustment expenses (“LAE”) related to defaults on insured mortgage loans. Loss reserves are established by estimating the number of loans in our inventory of delinquent loans that will result in a claim payment, which is referred to as the claim rate, and further estimating the amount of the claim payment, which is referred to as claim severity.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Estimation of losses is inherently judgmental. The conditions that affect the claim rate and claim severity include the current and future state of the domestic economy, including unemployment and the current and future strength of local housing markets; exposure on insured loans; the amount of time between default and claim filing; and curtailments and rescissions. The actual amount of the claim payments may be substantially different than our loss reserve estimates. Our estimates could be adversely affected by several factors, including a deterioration of regional or national economic conditions, including unemployment, leading to a reduction in borrowers’ income and thus their ability to make mortgage payments, and a drop in housing values which may affect borrower willingness to continue to make mortgage payments when the value of the home is below the mortgage balance. Changes to our estimates could result in a material impact to our consolidated results of operations and financial position, even in a stable economic environment.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The “Losses incurred” section of table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">11.1</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below shows losses incurred on delinquencies that occurred in the current year and in prior years. The amount of losses incurred relating to delinquencies that occurred in the current year represents the estimated amount to be ultimately paid on such delinquencies. The amount of losses incurred relating to delinquencies that occurred in prior years represents the difference between the actual claim rate and severity associated with those delinquencies resolved in the current year compared to the estimated claim rate and severity at the prior year-end, as well as a re-estimation of amounts to be ultimately paid on delinquencies continuing from the end of the prior year. This re-estimation of the claim rate and severity is the result of our review of current trends in the delinquent inventory, such as percentages of delinquencies that have resulted in a claim, the </span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">amount of the claims relative to the average loan exposure, changes in the relative level of delinquencies by geography and changes in average loan exposure.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Losses incurred on delinquencies that occurred in the current year decreased in the first </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> compared to the same period in </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, due to a decrease in the estimated claim rate on delinquencies that occurred in the current year.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">For the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, we experienced favorable loss reserve development on previously received delinquencies. This was, in large part, due to the resolution of approximately </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>61%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>65%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, respectively, of the prior year delinquent inventory, with lower claim rates due to improved cure rates. The favorable loss reserve development resulting from a reduction in the estimated claim rate was partially offset in the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> by the recognition of a probable loss of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$23.5 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> related to litigation of our claims paying practices and an increase in our LAE reserves, and for the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, by an increase in our severity assumption on previously received delinquencies and an increase in our LAE reserves.</span></div><div style="line-height:120%;text-align:justify;padding-left:96px;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The “Losses paid” section of table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">11.1</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below shows the amount of losses paid on delinquencies that occurred in the current year and losses paid on delinquencies that occurred in prior years. For several years, the average time it took to receive a claim associated with a delinquency had increased significantly from our historical experience of approximately </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">twelve</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months. This was, in part, due to new loss mitigation protocols established by servicers and to changes in some state foreclosure laws that may include, for example, a requirement for additional review and/or mediation processes. In recent quarters, we have experienced a decline in the average time servicers are utilizing to process foreclosures, which has reduced the average time to receive a claim associated with new delinquent notices that do not cure. All else being equal, the longer the period between delinquency and claim filing, the greater the severity.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">During the first </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, our losses paid included amounts paid upon commutation of coverage of pools of non-performing loans (“NPLs”). The impacts of these payments were as follows: </span></div><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:24px;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2019 - </span><span style="font-family:Roboto;font-size:9pt;color:#000000;text-transform:default;"><span>195</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> items were removed from the delinquent inventory with an amount paid of </span><span style="font-family:Roboto;font-size:9pt;color:#000000;text-transform:default;"><span>$4 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:24px;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018 - </span><span style="font-family:Roboto;font-size:9pt;color:#000000;"><span>1,243</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> items were removed from the delinquent inventory with an amount paid of </span><span style="font-family:Roboto;font-size:9pt;color:#000000;"><span>$40 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">.</span></div></td></tr></table><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Premium refunds</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Our estimate of premiums to be refunded on expected claim payments is accrued for separately in “Other Liabilities” on our consolidated balance sheets and approximated </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$31 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$40 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> at </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, respectively.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">11.1</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> provides a reconciliation of beginning and ending loss reserves as of and for the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">.</span></div><div style="line-height:120%;padding-bottom:12px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10"/></tr><tr><td style="width:6%;"/><td style="width:68%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td colspan="10" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Development of reserves for losses and loss adjustment expenses</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">11.1</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine Months Ended September 30,</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Reserve at beginning of period</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>674,019</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>985,635</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Less reinsurance recoverable</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>33,328</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>48,474</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net reserve at beginning of period</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>640,691</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>937,161</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Losses incurred:</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Losses and LAE incurred in respect of delinquency notices received in:</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Current year</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>142,644</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>155,808</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Prior years </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(47,760</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(146,931</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total losses incurred</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>94,884</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>8,877</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Losses paid:</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Losses and LAE paid in respect of delinquency notices received in:</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Current year</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>980</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,449</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Prior years</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>165,844</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>257,808</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Reinsurance terminations</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(13,980</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,984</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total losses paid</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>152,844</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>258,273</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net reserve at end of period</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>582,731</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>687,765</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Plus reinsurance recoverables</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>19,566</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>33,281</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Reserve at end of period</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>602,297</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>721,046</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup> </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">A negative number for prior year losses incurred indicates a redundancy of prior year loss reserves. See the following table for more information about prior year loss development.</span></div></td></tr></table><div style="line-height:120%;text-align:left;padding-left:96px;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The prior year development of the reserves in the first </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> is reflected in table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">11.2</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below.</span></div><div style="line-height:120%;padding-bottom:8px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10"/></tr><tr><td style="width:6%;"/><td style="width:68%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td colspan="10" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Reserve development on previously received delinquencies</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table </span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">11.2</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine Months Ended September 30,</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In millions)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Decrease in estimated claim rate on primary defaults</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(94</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(184</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Increase in estimated severity on primary defaults</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>22</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Change in estimates related to pool reserves, LAE reserves, reinsurance, and other</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>44</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>15</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total prior year loss development </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(48</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(147</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup> </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">A negative number for prior year loss development indicates a redundancy of prior year loss reserves.</span></div></td></tr></table><div style="line-height:120%;padding-bottom:4px;text-align:justify;padding-left:0px;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Delinquent inventory</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">A rollforward of our primary delinquent inventory for the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">three and nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> appears in table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">11.3</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below. The information concerning new notices and cures is compiled from monthly reports received from loan servicers. The level of new notice and cure activity reported in a particular month can be influenced by, among other things, the date on which a servicer generates its report, the accuracy of the data provided by servicers, the number of business days in a month, transfers of servicing between loan servicers and whether all servicers have provided the reports in a given month.</span></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:11%;"/><td style="width:21%;"/><td style="width:2%;"/><td style="width:14%;"/><td style="width:1%;"/><td style="width:2%;"/><td style="width:14%;"/><td style="width:1%;"/><td style="width:2%;"/><td style="width:14%;"/><td style="width:1%;"/><td style="width:2%;"/><td style="width:14%;"/><td style="width:1%;"/></tr><tr><td colspan="8" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Delinquent inventory rollforward</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">11.3</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Three Months Ended September 30,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine Months Ended September 30,</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Delinquent inventory at beginning of period</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>29,795</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>36,037</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>32,898</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>46,556</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">New notices</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>14,019</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>13,569</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>40,545</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>40,351</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Cures</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(12,592</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(14,197</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(39,822</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(47,620</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Paid claims</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(1,045</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,374</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(3,345</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(4,446</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Rescissions and denials</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(42</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(56</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(141</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(200</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Other items removed from inventory</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(195</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(581</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(195</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,243</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Delinquent inventory at end of period</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>29,940</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>33,398</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>29,940</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>33,398</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">When compared to the prior year periods, the decrease in the primary delinquent inventory experienced during the three and nine months ended September 30, </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> was generally across all markets and primarily in book years 2008 and prior. New notices increased in the three and nine months ended September 2019 when compared to the same periods of 2018 primarily due to our larger, more recent book years entering their expected peak loss years, and an overall increase in our insurance in force and policies in force. New notice activity in the three months ended September 30, 2019 exceeded the reductions to our delinquent inventory resulting in a slight increase in our delinquent inventory from June 30, 2019. </span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;padding-left:0px;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">11.4</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below shows the number of consecutive months a borrower is delinquent. Historically as a delinquency ages it becomes more likely to result in a claim.</span></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8"/></tr><tr><td style="width:12%;"/><td style="width:30%;"/><td style="width:18%;"/><td style="width:1%;"/><td style="width:19%;"/><td style="width:1%;"/><td style="width:18%;"/><td style="width:1%;"/></tr><tr><td colspan="8" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Primary delinquent inventory - consecutive months delinquent</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">11.4</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">September 30, 2019</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">December 31, 2018</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Arial;font-size:8pt;">September 30, 2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">3 months or less</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>9,462</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>9,829</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>9,484</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">4-11 months</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>9,082</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>9,655</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>9,564</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">12 months or more </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>11,396</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>13,414</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>14,350</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>29,940</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>32,898</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>33,398</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">3 months or less</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>32</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">%</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>30</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">%</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>28</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">%</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">4-11 months</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>30</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">%</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>29</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">%</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>29</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">%</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">12 months or more</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>38</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">%</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>41</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">%</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>43</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">%</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">%</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">%</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">%</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Primary claims received inventory included in ending delinquent inventory</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>557</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>809</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>766</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup> </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">Approximately </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>36%</span></span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">, </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>38%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, </span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">and </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>39%</span></span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> of the primary delinquent inventory delinquent for 12 consecutive months or more has been delinquent for at least 36 consecutive months as of </span><span style="font-family:Roboto;font-size:8pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">, </span><span style="font-family:Roboto;font-size:8pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">, and </span><span style="font-family:Roboto;font-size:8pt;color:#000000;">September 30, 2018</span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">, respectively. </span></div></td></tr></table><div style="line-height:120%;padding-left:4px;padding-top:0px;text-align:left;padding-left:24px;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Claims paying practices</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Our loss reserving methodology incorporates our estimates of future rescissions and curtailments. A variance between ultimate actual rescission and curtailment rates and our estimates, as a result of the outcome of litigation, settlements or other factors, could materially affect our losses. Our estimate of premiums to be refunded on expected future rescissions is accrued for separately and is included in “Other liabilities” on our consolidated balance sheets. For information about discussions and legal proceedings with customers with respect to our claims paying practices see </span><a href="#s346DABA47112544BAF65422FE0B59DCC" style="font-family:Roboto,sans-serif;font-size:9pt;text-decoration:none;"><span style="font-family:Roboto,sans-serif;font-size:9pt;text-decoration:none;">Note 5 – “Litigation and Contingencies.”</span></a></div> 0.61 0.65 23500000 195 4000000 1243 40000000 31000000 40000000 <div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">11.1</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> provides a reconciliation of beginning and ending loss reserves as of and for the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">.</span></div><div style="line-height:120%;padding-bottom:12px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10"/></tr><tr><td style="width:6%;"/><td style="width:68%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td colspan="10" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Development of reserves for losses and loss adjustment expenses</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">11.1</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine Months Ended September 30,</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In thousands)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Reserve at beginning of period</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>674,019</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>985,635</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Less reinsurance recoverable</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>33,328</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>48,474</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net reserve at beginning of period</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>640,691</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>937,161</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Losses incurred:</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Losses and LAE incurred in respect of delinquency notices received in:</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Current year</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>142,644</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>155,808</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Prior years </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(47,760</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(146,931</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total losses incurred</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>94,884</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>8,877</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Losses paid:</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Losses and LAE paid in respect of delinquency notices received in:</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Current year</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>980</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>2,449</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Prior years</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>165,844</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>257,808</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Reinsurance terminations</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(13,980</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,984</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total losses paid</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>152,844</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>258,273</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Net reserve at end of period</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>582,731</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>687,765</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Plus reinsurance recoverables</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>19,566</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>33,281</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Reserve at end of period</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>602,297</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>721,046</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup> </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">A negative number for prior year losses incurred indicates a redundancy of prior year loss reserves. See the following table for more information about prior year loss development.</span></div></td></tr></table><div style="line-height:120%;text-align:left;padding-left:96px;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div> 674019000 985635000 33328000 48474000 640691000 937161000 142644000 155808000 -47760000 -146931000 94884000 8877000 980000 2449000 165844000 257808000 13980000 1984000 152844000 258273000 582731000 687765000 19566000 33281000 602297000 721046000 <div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The prior year development of the reserves in the first </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> is reflected in table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">11.2</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below.</span></div><div style="line-height:120%;padding-bottom:8px;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10"/></tr><tr><td style="width:6%;"/><td style="width:68%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td colspan="10" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Reserve development on previously received delinquencies</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table </span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">11.2</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine Months Ended September 30,</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-style:italic;">(In millions)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Decrease in estimated claim rate on primary defaults</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(94</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(184</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Increase in estimated severity on primary defaults</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>2</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>22</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Change in estimates related to pool reserves, LAE reserves, reinsurance, and other</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>44</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>15</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total prior year loss development </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(48</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(147</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr></table></div></div><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup> </span></div><div style="line-height:120%;text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">A negative number for prior year loss development indicates a redundancy of prior year loss reserves.</span></div> -94000000 -184000000 2000000 22000000 44000000 15000000 -48000000 -147000000 <div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">A rollforward of our primary delinquent inventory for the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">three and nine</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> and </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2018</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> appears in table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">11.3</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below. The information concerning new notices and cures is compiled from monthly reports received from loan servicers. The level of new notice and cure activity reported in a particular month can be influenced by, among other things, the date on which a servicer generates its report, the accuracy of the data provided by servicers, the number of business days in a month, transfers of servicing between loan servicers and whether all servicers have provided the reports in a given month.</span></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:11%;"/><td style="width:21%;"/><td style="width:2%;"/><td style="width:14%;"/><td style="width:1%;"/><td style="width:2%;"/><td style="width:14%;"/><td style="width:1%;"/><td style="width:2%;"/><td style="width:14%;"/><td style="width:1%;"/><td style="width:2%;"/><td style="width:14%;"/><td style="width:1%;"/></tr><tr><td colspan="8" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Delinquent inventory rollforward</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">11.3</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Three Months Ended September 30,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine Months Ended September 30,</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Delinquent inventory at beginning of period</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>29,795</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>36,037</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>32,898</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>46,556</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">New notices</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>14,019</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>13,569</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>40,545</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>40,351</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Cures</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(12,592</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(14,197</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(39,822</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(47,620</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Paid claims</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(1,045</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,374</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(3,345</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(4,446</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Rescissions and denials</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(42</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(56</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(141</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(200</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Other items removed from inventory</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(195</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(581</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>(195</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>(1,243</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">)</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Delinquent inventory at end of period</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>29,940</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>33,398</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>29,940</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>33,398</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div> 29795 36037 32898 46556 14019 13569 40545 40351 12592 14197 39822 47620 1045 1374 3345 4446 42 56 141 200 195 581 195 1243 29940 33398 29940 33398 <div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">11.4</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> below shows the number of consecutive months a borrower is delinquent. Historically as a delinquency ages it becomes more likely to result in a claim.</span></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8"/></tr><tr><td style="width:12%;"/><td style="width:30%;"/><td style="width:18%;"/><td style="width:1%;"/><td style="width:19%;"/><td style="width:1%;"/><td style="width:18%;"/><td style="width:1%;"/></tr><tr><td colspan="8" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Primary delinquent inventory - consecutive months delinquent</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">11.4</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">September 30, 2019</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">December 31, 2018</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Arial;font-size:8pt;">September 30, 2018</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">3 months or less</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>9,462</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>9,829</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>9,484</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">4-11 months</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>9,082</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>9,655</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>9,564</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">12 months or more </span><span style="font-family:Roboto,sans-serif;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>11,396</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>13,414</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>14,350</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>29,940</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>32,898</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>33,398</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">3 months or less</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>32</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">%</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>30</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">%</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>28</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">%</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">4-11 months</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>30</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">%</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>29</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">%</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>29</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #d0d0ce;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">%</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">12 months or more</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>38</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">%</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>41</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">%</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>43</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">%</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Total</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">%</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">%</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>100</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">%</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Primary claims received inventory included in ending delinquent inventory</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>557</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>809</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>766</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:0px;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup> </span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">Approximately </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>36%</span></span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">, </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>38%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, </span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">and </span><span style="font-family:Roboto;font-size:8pt;color:#000000;"><span>39%</span></span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;"> of the primary delinquent inventory delinquent for 12 consecutive months or more has been delinquent for at least 36 consecutive months as of </span><span style="font-family:Roboto;font-size:8pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">, </span><span style="font-family:Roboto;font-size:8pt;color:#000000;">December 31, 2018</span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">, and </span><span style="font-family:Roboto;font-size:8pt;color:#000000;">September 30, 2018</span><span style="font-family:Roboto,sans-serif;font-size:8pt;color:#000000;">, respectively. </span></div></td></tr></table><div style="line-height:120%;padding-left:4px;padding-top:0px;text-align:left;padding-left:24px;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><br/></span></div> 9462 9829 9484 9082 9655 9564 11396 13414 14350 29940 32898 33398 0.32 0.30 0.28 0.30 0.29 0.29 0.38 0.41 0.43 1 1 1 557 809 766 0.36 0.38 0.39 Shareholders’ Equity<div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Share repurchase programs</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">During the nine months ending September 30, </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> we repurchased approximately </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>7.3 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> shares of our common stock at a weighted average cost per share of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$12.92</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, which included commissions. We may repurchase up to an additional </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$131 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> of our common stock through the end of 2020 under a share repurchase program approved by our Board of Directors in the first quarter of 2019. Repurchases may be made from time to time on the open market or through privately negotiated transactions. The repurchase program may be suspended for periods or discontinued at any time.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Cash dividends</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">In September 2019, we paid a quarterly cash dividend of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$0.06</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> per share to shareholders which totaled </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$21 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">. On October 24, 2019, the Board of Directors declared a quarterly cash dividend to holders of the company’s common stock of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$0.06</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> per share payable on November 25, 2019, to shareholders of record at the close of business on November 11, 2019.</span></div> 7300000 12.92 131000000 0.06 21000000 0.06 Share-Based Compensation<div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">We have certain share-based compensation plans. Under the fair value method, compensation cost is measured at the grant date based on the fair value of the award and is recognized over the service period which generally corresponds to the vesting period. Awards under our plans generally vest over periods ranging from one to </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>three years</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">. </span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">13.1</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> shows the number of restricted stock units (RSUs) granted to employees and the weighted average fair value per share during the periods presented (shares in thousands).</span></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="13"/></tr><tr><td style="width:10%;"/><td style="width:20%;"/><td style="width:15%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:16%;"/><td style="width:1%;"/><td style="width:2%;"/><td style="width:15%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:16%;"/><td style="width:1%;"/></tr><tr><td colspan="13" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Restricted stock unit grants</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">13.1</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine months ended September 30,</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">RSUs</span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Granted</span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Weighted Average Share Fair Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">RSUs</span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Granted</span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Weighted Average Share Fair Value</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">RSUs subject to performance conditions</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,378</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>11.76</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,239</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>15.80</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">RSUs subject only to service conditions</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>605</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>12.21</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>447</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>15.39</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div> P3Y <div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">Table </span><span style="color:#000000;font-family:Roboto,sans-serif;font-size:9pt;font-weight:normal;">13.1</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> shows the number of restricted stock units (RSUs) granted to employees and the weighted average fair value per share during the periods presented (shares in thousands).</span></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="13"/></tr><tr><td style="width:10%;"/><td style="width:20%;"/><td style="width:15%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:16%;"/><td style="width:1%;"/><td style="width:2%;"/><td style="width:15%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:16%;"/><td style="width:1%;"/></tr><tr><td colspan="13" style="vertical-align:middle;border-bottom:1px solid #b9d9eb;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Restricted stock unit grants</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">Table</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:7pt;"><span style="font-family:Roboto,sans-serif;font-size:7pt;font-weight:bold;">13.1</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Nine months ended September 30,</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">2018</span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">RSUs</span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Granted</span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">Weighted Average Share Fair Value</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">RSUs</span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Granted</span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">Weighted Average Share Fair Value</span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">RSUs subject to performance conditions</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>1,378</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>11.76</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>1,239</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>15.80</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #d0d0ce;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;">RSUs subject only to service conditions</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>605</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;font-weight:bold;"><span>12.21</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>447</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Roboto,sans-serif;font-size:8pt;"><span>15.39</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div> 1378000 11.76 1239000 15.80 605000 12.21 447000 15.39 Statutory Information<div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Statutory Capital Requirements</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The insurance laws of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>16</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> jurisdictions, including Wisconsin, our domiciliary state, require a mortgage insurer to maintain a minimum amount of statutory capital relative to the net risk in force (or a similar measure) in order for the mortgage insurer to continue to write new business. We refer to these requirements as the “State Capital Requirements.” While they vary among jurisdictions, the most common State Capital Requirements allow for a maximum risk-to-capital ratio of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>25 to 1</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">. A risk-to-capital ratio will increase if (i) the percentage decrease in capital exceeds the percentage decrease in insured risk, or (ii) the percentage increase in capital is less than the percentage increase in insured risk. Wisconsin does not regulate capital by using a risk-to-capital measure but instead requires a minimum policyholder position (“MPP”). The “policyholder position” of a mortgage insurer is its net worth or surplus, contingency reserve and a portion of the reserves for unearned premiums.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">At </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, MGIC’s risk-to-capital ratio was </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>9.9 to 1</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, below the maximum allowed by the jurisdictions with State Capital Requirements, and its policyholder position was </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$2.9 billion</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> above the required MPP of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$1.6 billion</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">. The calculation of our risk-to-capital ratio and MPP reflect credit for the risk ceded under our QSR Transactions and Home Re Transactions with a group of unaffiliated reinsurers. It is possible that under the revised State Capital Requirements discussed below, MGIC will not be allowed full credit for the risk ceded to the reinsurers. If MGIC is not allowed an agreed level of credit under either the State Capital Requirements or the financial requirements of the PMIERs, MGIC may terminate the reinsurance transactions, without penalty. At this time, we expect MGIC to continue to comply with the current State Capital Requirements; however, matters that could negatively affect such compliance are discussed in the rest of these consolidated financial statement footnotes.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">At </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, the risk-to-capital ratio of our combined insurance operations was </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>9.8 to 1</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">The NAIC has previously announced plans to revise the minimum capital and surplus requirements for mortgage insurers that are provided for in its Mortgage Guaranty Insurance Model Act. In May 2016, a working group of state regulators released an exposure draft of a risk-based capital framework to establish capital requirements for mortgage insurers, although no date has been established by which the NAIC must propose revisions to the capital requirements and certain items have not yet been completely addressed by the framework, including the treatment of ceded risk, minimum capital floors, and action level triggers. Currently, we believe that the PMIERs contain more restrictive capital requirements than the draft Mortgage Guaranty Insurance Model Act in most circumstances.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">While MGIC currently meets the State Capital Requirements of Wisconsin and all other jurisdictions, it could be prevented from writing new business in the future in all jurisdictions if it fails to meet the State Capital Requirements of Wisconsin, or it could be prevented from writing new business in a particular jurisdiction if it fails to meet the State Capital Requirements of that jurisdiction, and in each case MGIC does not obtain a waiver of such requirements. It is possible that regulatory action by one </span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">or more jurisdictions, including those that do not have specific State Capital Requirements, may prevent MGIC from continuing to write new insurance in such jurisdictions.</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">If we are unable to write business in a particular jurisdiction, lenders may be unwilling to procure insurance from us anywhere. In addition, a lender’s assessment of the future ability of our insurance operations to meet the State Capital Requirements or the PMIERs may affect its willingness to procure insurance from us. A possible future failure by MGIC to meet the State Capital Requirements or the PMIERs will not necessarily mean that MGIC lacks sufficient resources to pay claims on its insurance liabilities. While we believe MGIC has sufficient claims paying resources to meet its claim obligations on its insurance in force on a timely basis, matters that could negatively affect MGIC’s claims paying resources are discussed in the rest of these consolidated financial statement footnotes.</span></div><div style="line-height:120%;text-align:left;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#003b5c;font-style:italic;">Tax and Loss Bonds</span></div><div style="line-height:120%;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">As a mortgage guaranty insurer, we are eligible for a tax deduction, subject to certain limitations, under Section 832(e) of the IRC for amounts required by state law or regulation to be set aside in statutory contingency reserves. The deduction is allowed only to the extent that we purchase tax and loss bonds (“T&amp;L Bonds”) in an amount equal to the tax benefit derived from deducting any portion of our statutory contingency reserves. During the nine months ended </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">September 30, 2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, we had net purchases of T&amp;L Bonds in the amount of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$126 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">. Under statutory accounting practices, purchases of T&amp;L Bonds are accounted for as investments. Under GAAP, purchases of T&amp;L Bonds are accounted for as a payment of current taxes. </span></div><div style="line-height:120%;padding-bottom:0px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;"><br/></span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:9pt;"><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;font-weight:bold;">Dividend restrictions</span></div><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">In each of the first three quarters of </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">2019</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">, MGIC paid a </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>$70 million</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> dividend to our holding company. MGIC is subject to statutory regulations as to payment of dividends. The maximum amount of dividends that MGIC may pay in any twelve-month period without such dividends being subject to regulatory disapproval by the OCI is the lesser of adjusted statutory net income or </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"><span>10%</span></span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> of statutory policyholders’ surplus as of the preceding calendar year end. Adjusted statutory net income is defined for this purpose to be the greater of statutory net income, net of realized investment gains, for the calendar year preceding the date of the dividend or statutory net income, net of realized investment gains, for the </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">three</span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;"> calendar years preceding the date of the dividend less dividends paid within the first </span><span style="font-family:Roboto,sans-serif;font-size:9pt;color:#000000;">two</span> of the preceding three calendar years. The OCI recognizes only statutory accounting principles prescribed, or practices permitted by the State of Wisconsin for determining and reporting the financial condition and results of operations of an insurance company. The OCI has adopted certain prescribed accounting practices that differ from those found in other states. Specifically, Wisconsin domiciled companies record changes in their contingency reserves through their income statement as a change in underwriting deduction. As a result, in periods in which MGIC is increasing contingency reserves, statutory net income is lowered. 16 25 to 1 9.9 to 1 2900000000 1600000000 9.8 to 1 126000000 70000000 0.10 XML 65 R4.htm IDEA: XBRL DOCUMENT v3.19.3
    CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
    shares in Thousands, $ in Thousands
    3 Months Ended 9 Months Ended
    Sep. 30, 2019
    Sep. 30, 2018
    Sep. 30, 2019
    Sep. 30, 2018
    Premiums written:        
    Direct $ 286,059 $ 280,229 $ 843,145 $ 824,989
    Assumed 1,793 (3,020) 4,405 (843)
    Ceded (28,438) (25,326) (100,257) (79,921)
    Net premiums written 259,414 251,883 747,293 744,225
    Decrease (increase) in unearned premiums, net 8,443 (1,457) 17,427 (14,728)
    Net premiums earned 267,857 250,426 764,720 729,497
    Investment income, net of expenses 42,715 36,380 125,723 103,003
    Net realized investment gains (losses) 4,205 1,114 3,986 (1,112)
    Other revenue 3,606 2,525 7,921 6,827
    Total revenues 318,383 290,445 902,350 838,215
    Losses and expenses:        
    Losses incurred, net 33,985 (1,518) 94,884 8,877
    Amortization of deferred policy acquisition costs 3,142 3,156 8,380 8,573
    Other underwriting and operating expenses, net 45,197 43,655 134,097 131,587
    Interest expense 12,939 13,258 39,722 39,737
    Total losses and expenses 95,263 58,551 277,083 188,774
    Income before tax 223,120 231,894 625,267 649,441
    Provision for income taxes 46,186 49,994 128,614 137,090
    Net income $ 176,934 $ 181,900 $ 496,653 $ 512,351
    Earnings per share:        
    Basic (in dollars per share) $ 0.50 $ 0.50 $ 1.40 $ 1.40
    Diluted (in dollars per share) $ 0.49 $ 0.49 $ 1.36 $ 1.36
    Weighted average common shares outstanding - basic (in shares) 351,475 362,180 354,272 367,190
    Weighted average common shares outstanding - diluted (in shares) 372,575 382,905 375,266 387,765
    XML 66 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 67 R8.htm IDEA: XBRL DOCUMENT v3.19.3
    Nature of Business and Basis of Presentation
    9 Months Ended
    Sep. 30, 2019
    Organization, Consolidation and Presentation of Financial Statements [Abstract]  
    Nature of Business and Basis of Presentation Nature of Business and Basis of Presentation
    MGIC Investment Corporation is a holding company which, through Mortgage Guaranty Insurance Corporation (“MGIC”), is principally engaged in the mortgage insurance business. We provide mortgage insurance to lenders throughout the United States and to government sponsored entities to protect against loss from defaults on low down payment residential mortgage loans. MGIC Assurance Corporation (“MAC”) and MGIC Indemnity Corporation (“MIC”), insurance subsidiaries of MGIC, provide insurance for certain mortgages under Fannie Mae and Freddie Mac (the “GSEs”) credit risk transfer programs.

    The accompanying unaudited consolidated financial statements of MGIC Investment Corporation and its wholly-owned subsidiaries have been prepared in accordance with the instructions to Form 10-Q as prescribed by the Securities and Exchange Commission (“SEC”) for interim reporting and do not include all of the other information and disclosures required by accounting principles generally accepted in the United States of America (“GAAP”). These statements should be read in conjunction with the consolidated financial statements and notes thereto for the year ended December 31, 2018 included in our 2018 Annual Report on Form 10-K. As used below, “we,” “our” and “us” refer to MGIC Investment Corporation’s consolidated operations or to MGIC Investment Corporation, as the context requires.

    In the opinion of management, the accompanying financial statements include all adjustments, consisting primarily of normal recurring accruals, necessary to fairly state our consolidated financial position and consolidated results of operations for the periods indicated. The consolidated results of operations for the interim period may not be indicative of the results that may be expected for the year ending December 31, 2019.

    Substantially all of our insurance written since 2008 has been for loans purchased by the GSEs. The current private mortgage insurer eligibility requirements ("PMIERs") of the GSEs include financial requirements, as well as business, quality control and certain transactional approval requirements. The financial requirements of the PMIERs require a mortgage insurer’s "Available Assets" (generally only the most liquid assets of an insurer) to equal or exceed its "Minimum Required Assets" (which are based on an insurer's book of insurance in force, calculated from tables of factors with several risk dimensions and subject to a floor amount). Based on our application of the more restrictive PMIERs, as of September 30, 2019, MGIC’s Available Assets are in excess of its Minimum Required Assets; and MGIC is in compliance with the financial requirements of the PMIERs and eligible to insure loans purchased by the GSEs.

    Reclassifications
    Certain reclassifications to 2018 amounts have been made in the accompanying financial statements to conform to the 2019 presentation.

    Subsequent events
    We have considered subsequent events through the date of this filing.
    XML 68 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 69 R42.htm IDEA: XBRL DOCUMENT v3.19.3
    Investments (Details)
    3 Months Ended 9 Months Ended 12 Months Ended
    Sep. 30, 2019
    USD ($)
    security
    Sep. 30, 2018
    USD ($)
    Sep. 30, 2019
    USD ($)
    security
    Sep. 30, 2018
    USD ($)
    Dec. 31, 2018
    USD ($)
    security
    Debt Securities, Available-for-sale [Line Items]          
    Amortized Cost $ 5,473,893,000   $ 5,473,893,000   $ 5,196,784,000
    Fair Value 5,660,992,000   5,660,992,000   5,151,987,000
    Other-than-temporary impairment losses     0   0
    Assets held by insurance regulators 13,800,000   13,800,000   $ 13,500,000
    Proceeds from sales of fixed income securities     201,400,000 $ 338,900,000  
    Net impairment losses recognized in earnings   $ 500,000 $ 100,000 1,800,000  
    Federal Home Loan Bank advances, collateral, value of principal, percent (as a percent)     102.00%    
    FHLB advance collateral $ 165,400,000   $ 165,400,000    
    Number of securities in unrealized loss position (in securities) | security 183   183   721
    Total fixed income securities          
    Debt Securities, Available-for-sale [Line Items]          
    Amortized Cost $ 5,473,893,000   $ 5,473,893,000   $ 5,196,784,000
    Gross Unrealized Gains 195,485,000   195,485,000   33,107,000
    Gross Unrealized Losses (8,386,000)   (8,386,000)   (77,904,000)
    Fair Value 5,660,992,000   5,660,992,000   5,151,987,000
    Gross realized gains, fixed income securities 3,300,000 300,000 5,300,000 400,000  
    Gross realized losses, fixed income securities 700,000 $ 2,300,000 3,000,000.0 $ 3,300,000  
    U.S. Treasury securities and obligations of U.S. government corporations and agencies          
    Debt Securities, Available-for-sale [Line Items]          
    Amortized Cost 197,748,000   197,748,000   167,655,000
    Gross Unrealized Gains 1,456,000   1,456,000   597,000
    Gross Unrealized Losses (75,000)   (75,000)   (1,076,000)
    Fair Value 199,129,000   199,129,000   167,176,000
    Obligations of U.S. states and political subdivisions          
    Debt Securities, Available-for-sale [Line Items]          
    Amortized Cost 1,552,283,000   1,552,283,000   1,701,826,000
    Gross Unrealized Gains 108,763,000   108,763,000   29,259,000
    Gross Unrealized Losses (494,000)   (494,000)   (10,985,000)
    Fair Value 1,660,552,000   1,660,552,000   1,720,100,000
    Corporate debt securities          
    Debt Securities, Available-for-sale [Line Items]          
    Amortized Cost 2,653,124,000   2,653,124,000   2,439,173,000
    Gross Unrealized Gains 74,630,000   74,630,000   2,103,000
    Gross Unrealized Losses (3,151,000)   (3,151,000)   (40,514,000)
    Fair Value 2,724,603,000   2,724,603,000   2,400,762,000
    Asset backed securities (“ABS”)          
    Debt Securities, Available-for-sale [Line Items]          
    Amortized Cost 212,792,000   212,792,000   111,953,000
    Gross Unrealized Gains 2,819,000   2,819,000   226,000
    Gross Unrealized Losses (65,000)   (65,000)   (146,000)
    Fair Value 215,546,000   215,546,000   112,033,000
    Residential mortgage backed securities (“RMBS”)          
    Debt Securities, Available-for-sale [Line Items]          
    Amortized Cost 248,098,000   248,098,000   189,238,000
    Gross Unrealized Gains 1,022,000   1,022,000   32,000
    Gross Unrealized Losses (2,663,000)   (2,663,000)   (10,309,000)
    Fair Value 246,457,000   246,457,000   178,961,000
    Commercial mortgage backed securities (“CMBS”)          
    Debt Securities, Available-for-sale [Line Items]          
    Amortized Cost 280,364,000   280,364,000   276,352,000
    Gross Unrealized Gains 6,714,000   6,714,000   888,000
    Gross Unrealized Losses (266,000)   (266,000)   (9,580,000)
    Fair Value 286,812,000   286,812,000   267,660,000
    Collateralized loan obligations (“CLOs”)          
    Debt Securities, Available-for-sale [Line Items]          
    Amortized Cost 329,484,000   329,484,000   310,587,000
    Gross Unrealized Gains 81,000   81,000   2,000
    Gross Unrealized Losses (1,672,000)   (1,672,000)   (5,294,000)
    Fair Value $ 327,893,000   $ 327,893,000   $ 305,295,000
    XML 70 R46.htm IDEA: XBRL DOCUMENT v3.19.3
    Fair Value Measurements (Details) - USD ($)
    $ in Thousands
    Sep. 30, 2019
    Dec. 31, 2018
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value $ 5,660,992 $ 5,151,987
    Equity securities, at fair value (cost 2019 - $17,205; 2018 - $3,993) 17,360 3,932
    Other 161,518 96,403
    Real estate acquired 7,779 14,535
    Total assets 5,847,649 5,266,857
    Quoted Prices in Active Markets for Identical Assets (Level 1)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Other 161,518 96,403
    Real estate acquired 0 0
    Total assets 219,423 142,599
    Significant Other Observable Inputs (Level 2)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Other 0 0
    Real estate acquired 0 0
    Total assets 5,620,447 5,109,710
    Significant Unobservable Inputs (Level 3)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Other 0 0
    Real estate acquired 7,779 14,535
    Total assets 7,779 14,548
    Total fixed income securities    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 5,660,992 5,151,987
    Total fixed income securities | Quoted Prices in Active Markets for Identical Assets (Level 1)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 40,545 42,264
    Total fixed income securities | Significant Other Observable Inputs (Level 2)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 5,620,447 5,109,710
    Total fixed income securities | Significant Unobservable Inputs (Level 3)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 0 13
    U.S. Treasury securities and obligations of U.S. government corporations and agencies    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 199,129 167,176
    U.S. Treasury securities and obligations of U.S. government corporations and agencies | Quoted Prices in Active Markets for Identical Assets (Level 1)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 40,545 42,264
    U.S. Treasury securities and obligations of U.S. government corporations and agencies | Significant Other Observable Inputs (Level 2)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 158,584 124,912
    U.S. Treasury securities and obligations of U.S. government corporations and agencies | Significant Unobservable Inputs (Level 3)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 0 0
    Obligations of U.S. states and political subdivisions    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 1,660,552 1,720,100
    Obligations of U.S. states and political subdivisions | Quoted Prices in Active Markets for Identical Assets (Level 1)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 0 0
    Obligations of U.S. states and political subdivisions | Significant Other Observable Inputs (Level 2)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 1,660,552 1,720,087
    Obligations of U.S. states and political subdivisions | Significant Unobservable Inputs (Level 3)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 0 13
    Corporate debt securities    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 2,724,603 2,400,762
    Corporate debt securities | Quoted Prices in Active Markets for Identical Assets (Level 1)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 0 0
    Corporate debt securities | Significant Other Observable Inputs (Level 2)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 2,724,603 2,400,762
    Corporate debt securities | Significant Unobservable Inputs (Level 3)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 0 0
    Asset backed securities (“ABS”)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 215,546 112,033
    Asset backed securities (“ABS”) | Quoted Prices in Active Markets for Identical Assets (Level 1)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 0 0
    Asset backed securities (“ABS”) | Significant Other Observable Inputs (Level 2)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 215,546 112,033
    Asset backed securities (“ABS”) | Significant Unobservable Inputs (Level 3)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 0 0
    Residential mortgage backed securities (“RMBS”)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 246,457 178,961
    Residential mortgage backed securities (“RMBS”) | Quoted Prices in Active Markets for Identical Assets (Level 1)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 0 0
    Residential mortgage backed securities (“RMBS”) | Significant Other Observable Inputs (Level 2)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 246,457 178,961
    Residential mortgage backed securities (“RMBS”) | Significant Unobservable Inputs (Level 3)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 0 0
    Commercial mortgage backed securities (“CMBS”)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 286,812 267,660
    Commercial mortgage backed securities (“CMBS”) | Quoted Prices in Active Markets for Identical Assets (Level 1)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 0 0
    Commercial mortgage backed securities (“CMBS”) | Significant Other Observable Inputs (Level 2)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 286,812 267,660
    Commercial mortgage backed securities (“CMBS”) | Significant Unobservable Inputs (Level 3)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 0 0
    Collateralized loan obligations (“CLOs”)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 327,893 305,295
    Collateralized loan obligations (“CLOs”) | Quoted Prices in Active Markets for Identical Assets (Level 1)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 0 0
    Collateralized loan obligations (“CLOs”) | Significant Other Observable Inputs (Level 2)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 327,893 305,295
    Collateralized loan obligations (“CLOs”) | Significant Unobservable Inputs (Level 3)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Fair Value 0 0
    Equity securities    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Equity securities, at fair value (cost 2019 - $17,205; 2018 - $3,993) 17,360 3,932
    Equity securities | Quoted Prices in Active Markets for Identical Assets (Level 1)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Equity securities, at fair value (cost 2019 - $17,205; 2018 - $3,993) 17,360 3,932
    Equity securities | Significant Other Observable Inputs (Level 2)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Equity securities, at fair value (cost 2019 - $17,205; 2018 - $3,993) 0 0
    Equity securities | Significant Unobservable Inputs (Level 3)    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Equity securities, at fair value (cost 2019 - $17,205; 2018 - $3,993) $ 0 $ 0
    XML 71 R27.htm IDEA: XBRL DOCUMENT v3.19.3
    Investments (Tables)
    9 Months Ended
    Sep. 30, 2019
    Investments [Abstract]  
    Amortized cost, gross unrealized gains and losses and fair value of fixed income securities
    The amortized cost, gross unrealized gains and losses, and fair value of investments in fixed income securities classified as available-for-sale at September 30, 2019 and December 31, 2018 are shown in tables 7.1a and 7.1b below.
    Details of fixed income securities by category as of September 30, 2019
    Table
    7.1a
     
     
     
     
     
     
     
     
    (In thousands)
     
    Amortized Cost
     
    Gross Unrealized Gains
     
    Gross Unrealized (Losses) (1)
     
    Fair Value
    U.S. Treasury securities and obligations of U.S. government corporations and agencies
     
    $
    197,748

     
    $
    1,456

     
    $
    (75
    )
     
    $
    199,129

    Obligations of U.S. states and political subdivisions
     
    1,552,283

     
    108,763

     
    (494
    )
     
    1,660,552

    Corporate debt securities
     
    2,653,124

     
    74,630

     
    (3,151
    )
     
    2,724,603

    Asset backed securities (“ABS”)
     
    212,792

     
    2,819

     
    (65
    )
     
    215,546

    Residential mortgage backed securities (“RMBS”)
     
    248,098

     
    1,022

     
    (2,663
    )
     
    246,457

    Commercial mortgage backed securities (“CMBS”)
     
    280,364

     
    6,714

     
    (266
    )
     
    286,812

    Collateralized loan obligations (“CLOs”)
     
    329,484

     
    81

     
    (1,672
    )
     
    327,893

    Total fixed income securities
     
    $
    5,473,893

     
    $
    195,485

     
    $
    (8,386
    )
     
    $
    5,660,992

    Details of fixed income securities by category as of December 31, 2018
    Table
    7.1b
     
     
     
     
     
     
     
     
    (In thousands)
     
    Amortized Cost
     
    Gross Unrealized Gains
     
    Gross Unrealized (Losses) (1)
     
    Fair Value
    U.S. Treasury securities and obligations of U.S. government corporations and agencies
     
    $
    167,655

     
    $
    597

     
    $
    (1,076
    )
     
    $
    167,176

    Obligations of U.S. states and political subdivisions
     
    1,701,826

     
    29,259

     
    (10,985
    )
     
    1,720,100

    Corporate debt securities
     
    2,439,173

     
    2,103

     
    (40,514
    )
     
    2,400,762

    ABS
     
    111,953

     
    226

     
    (146
    )
     
    112,033

    RMBS
     
    189,238

     
    32

     
    (10,309
    )
     
    178,961

    CMBS
     
    276,352

     
    888

     
    (9,580
    )
     
    267,660

    CLOs
     
    310,587

     
    2

     
    (5,294
    )
     
    305,295

    Total fixed income securities
     
    $
    5,196,784

     
    $
    33,107

     
    $
    (77,904
    )
     
    $
    5,151,987

    (1) 
    At September 30, 2019 and December 31, 2018, there were no other-than-temporary impairment losses recorded in other comprehensive income.

    Amortized cost and fair values of fixed income securities by contractual maturity
    The amortized cost and fair values of fixed income securities at September 30, 2019, by contractual maturity, are shown in table 7.2 below. Actual maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Because most ABS, RMBS, CMBS, and CLOs provide for periodic payments throughout their lives, they are listed in separate categories.
    Fixed income securities maturity schedule
    Table
    7.2
     
     
     
     
     
     
    September 30, 2019
    (In thousands)
     
    Amortized cost
     
    Fair Value
    Due in one year or less
     
    $
    372,478

     
    $
    373,388

    Due after one year through five years
     
    1,928,972

     
    1,966,387

    Due after five years through ten years
     
    1,001,486

     
    1,059,774

    Due after ten years
     
    1,100,219

     
    1,184,735

     
     
    4,403,155

     
    4,584,284

     
     
     
     
     
    ABS
     
    212,792

     
    215,546

    RMBS
     
    248,098

     
    246,457

    CMBS
     
    280,364

     
    286,812

    CLOs
     
    329,484

     
    327,893

    Total as of September 30, 2019
     
    $
    5,473,893

     
    $
    5,660,992


    Cost and fair value of investments in equity securities
    The cost and fair value of investments in equity securities at September 30, 2019 and December 31, 2018 are shown in tables 7.3a and 7.3b below.
    Details of equity security investments as of September 30, 2019
    Table
    7.3a
     
     
     
     
     
     
     
     
    (In thousands)
     
    Cost
     
    Gross Gains
     
    Gross Losses
     
    Fair Value
    Equity securities
     
    $
    17,205

     
    $
    163

     
    $
    (8
    )
     
    $
    17,360

    Details of equity security investments as of December 31, 2018
    Table
    7.3b
     
     
     
     
     
     
     
     
    (In thousands)
     
    Cost
     
    Gross Gains
     
    Gross Losses
     
    Fair Value
    Equity securities
     
    $
    3,993

     
    $
    11

     
    $
    (72
    )
     
    $
    3,932


    Aging of the fair values of securities in an unrealized loss position
    Tables 7.4a and 7.4b below summarize, for all available-for-sale investments in an unrealized loss position at September 30, 2019 and December 31, 2018, the aggregate fair value and gross unrealized loss by the length of time those securities have been continuously in an unrealized loss position. The fair value amounts reported in tables 7.4a and 7.4b are estimated using the process described in Note 8 - “Fair Value Measurements” to these consolidated financial statements and in Note 3 - “Significant Accounting Policies” of the notes to the consolidated financial statements in our 2018 Annual Report on Form 10-K.
    Unrealized loss aging for securities by type and length of time as of September 30, 2019
    Table
    7.4a
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Less Than 12 Months
     
    12 Months or Greater
     
    Total
    (In thousands)
     
    Fair Value
     
    Unrealized Losses
     
    Fair Value
     
    Unrealized Losses
     
    Fair Value
     
    Unrealized Losses
    U.S. Treasury securities and obligations of U.S. government corporations and agencies
     
    $
    25,284

     
    $
    (48
    )
     
    $
    7,364

     
    $
    (27
    )
     
    $
    32,648

     
    $
    (75
    )
    Obligations of U.S. states and political subdivisions
     
    4,965

     
    (467
    )
     
    10,007

     
    (27
    )
     
    14,972

     
    (494
    )
    Corporate debt securities
     
    135,541

     
    (2,818
    )
     
    78,842

     
    (333
    )
     
    214,383

     
    (3,151
    )
    ABS
     
    8,998

     
    (65
    )
     

     

     
    8,998

     
    (65
    )
    RMBS
     
    47,166

     
    (309
    )
     
    116,534

     
    (2,354
    )
     
    163,700

     
    (2,663
    )
    CMBS
     
    21,882

     
    (196
    )
     
    13,579

     
    (70
    )
     
    35,461

     
    (266
    )
    CLOs
     
    147,272

     
    (1,008
    )
     
    113,322

     
    (664
    )
     
    260,594

     
    (1,672
    )
    Total
     
    $
    391,108

     
    $
    (4,911
    )
     
    $
    339,648

     
    $
    (3,475
    )
     
    $
    730,756

     
    $
    (8,386
    )
    Unrealized loss aging for securities by type and length of time as of December 31, 2018
    Table
    7.4b
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Less Than 12 Months
     
    12 Months or Greater
     
    Total
    (In thousands)
     
    Fair Value
     
    Unrealized
     Losses
     
    Fair Value
     
    Unrealized
    Losses
     
    Fair Value
     
    Unrealized
     Losses
    U.S. Treasury securities and obligations of U.S. government corporations and agencies
     
    $
    23,710

     
    $
    (15
    )
     
    $
    69,146

     
    $
    (1,061
    )
     
    $
    92,856

     
    $
    (1,076
    )
    Obligations of U.S. states and political subdivisions
     
    316,655

     
    (3,875
    )
     
    358,086

     
    (7,110
    )
     
    674,741

     
    (10,985
    )
    Corporate debt securities
     
    1,272,279

     
    (18,130
    )
     
    785,627

     
    (22,384
    )
     
    2,057,906

     
    (40,514
    )
    ABS
     
    51,324

     
    (146
    )
     

     

     
    51,324

     
    (146
    )
    RMBS
     
    24

     

     
    178,573

     
    (10,309
    )
     
    178,597

     
    (10,309
    )
    CMBS
     
    65,704

     
    (1,060
    )
     
    163,272

     
    (8,520
    )
     
    228,976

     
    (9,580
    )
    CLOs
     
    296,497

     
    (5,294
    )
     

     

     
    296,497

     
    (5,294
    )
    Total
     
    $
    2,026,193

     
    $
    (28,520
    )
     
    $
    1,554,704

     
    $
    (49,384
    )
     
    $
    3,580,897

     
    $
    (77,904
    )


    XML 72 R23.htm IDEA: XBRL DOCUMENT v3.19.3
    Significant Accounting Policies Significant Accounting Policies (Tables)
    9 Months Ended
    Sep. 30, 2019
    New Accounting Pronouncements and Changes in Accounting Principles [Abstract]  
    Schedule of Prospective Accounting Standards, Not Yet Effective Or Adopted
    Table 2.1 shows the relevant new amendments to accounting standards, which are not yet effective or adopted.
    Standard / Interpretation
    Table
    2.1
     
     
     
     
     
     
    Amended Standards
    Effective date
    ASC 326
    Financial Instruments - Credit Losses
     
     
    ASU 2016-13 - Measurement of Credit Losses on Financial Instruments
    January 1, 2020
    ASC 820
    Fair Value Measurement
     
     
    ASU 2018-13 - Changes to the Disclosure Requirements for Fair Value Measurements
    January 1, 2020
    ASC 715
    Compensation - Retirement Benefits
     
     
    ASU 2018-14 - Changes to the Disclosure Requirements for Defined Benefit Plans
    January 1, 2021

    XML 73 R32.htm IDEA: XBRL DOCUMENT v3.19.3
    Share-Based Compensation (Tables)
    9 Months Ended
    Sep. 30, 2019
    Share-based Payment Arrangement [Abstract]  
    Schedule of stock-based compensation, activity
    Table 13.1 shows the number of restricted stock units (RSUs) granted to employees and the weighted average fair value per share during the periods presented (shares in thousands).
    Restricted stock unit grants
    Table
    13.1
     
     
     
     
     
     
     
    Nine months ended September 30,
     
     
    2019
     
    2018
     
     
    RSUs
    Granted
    Weighted Average Share Fair Value
     
    RSUs
    Granted
    Weighted Average Share Fair Value
    RSUs subject to performance conditions
    1,378

    $
    11.76

     
    1,239

    $
    15.80

    RSUs subject only to service conditions
    605

    12.21

     
    447

    15.39


    XML 74 R36.htm IDEA: XBRL DOCUMENT v3.19.3
    Reinsurance - Summary of Premiums Earned and Losses Incurred (Details) - USD ($)
    $ in Thousands
    3 Months Ended 9 Months Ended
    Sep. 30, 2019
    Sep. 30, 2018
    Sep. 30, 2019
    Sep. 30, 2018
    Premiums earned:        
    Direct $ 294,909 $ 275,044 $ 861,705 $ 808,531
    Assumed 1,388 709 3,275 936
    Ceded (28,440) (25,327) (100,260) (79,970)
    Net premiums earned 267,857 250,426 764,720 729,497
    Losses incurred:        
    Direct 36,755 (2,081) 102,835 12,642
    Assumed (34) 55 (110) 45
    Ceded (2,736) 508 (7,841) (3,810)
    Losses incurred, net $ 33,985 $ (1,518) $ 94,884 $ 8,877
    XML 75 R19.htm IDEA: XBRL DOCUMENT v3.19.3
    Shareholders' Equity
    9 Months Ended
    Sep. 30, 2019
    Stockholders' Equity Note [Abstract]  
    Shareholders' Equity Shareholders’ Equity
    Share repurchase programs
    During the nine months ending September 30, 2019 we repurchased approximately 7.3 million shares of our common stock at a weighted average cost per share of $12.92, which included commissions. We may repurchase up to an additional $131 million of our common stock through the end of 2020 under a share repurchase program approved by our Board of Directors in the first quarter of 2019. Repurchases may be made from time to time on the open market or through privately negotiated transactions. The repurchase program may be suspended for periods or discontinued at any time.

    Cash dividends
    In September 2019, we paid a quarterly cash dividend of $0.06 per share to shareholders which totaled $21 million. On October 24, 2019, the Board of Directors declared a quarterly cash dividend to holders of the company’s common stock of $0.06 per share payable on November 25, 2019, to shareholders of record at the close of business on November 11, 2019.
    XML 76 R15.htm IDEA: XBRL DOCUMENT v3.19.3
    Fair Value Measurements
    9 Months Ended
    Sep. 30, 2019
    Fair Value Disclosures [Abstract]  
    Fair Value Measurements Fair Value Measurements
    Recurring fair value measurements
    The following describes the valuation methodologies generally used by the independent pricing sources, or by us, to measure financial instruments at fair value, including the general classification of such financial instruments pursuant to the valuation hierarchy.

    Level 1 measurements
    Fixed income securities: Consist of primarily U.S. Treasury securities with valuations derived from quoted prices for identical instruments in active markets that we can access.
    Equity securities: Consist of actively traded, exchange-listed equity securities with valuations derived from quoted prices for identical assets in active markets that we can access.
    Other: Consists of money market funds with valuations derived from quoted prices for identical assets in active markets that we can access.

    Level 2 measurements
    Fixed income securities:
    Corporate Debt & U.S. Government and Agency Bonds are valued by surveying the dealer community, obtaining relevant trade data, benchmark quotes and spreads and incorporating this information into the valuation process.
    Obligations of U.S. States & Political Subdivisions are valued by tracking, capturing, and analyzing quotes for active issues and trades reported via the Municipal Securities Rulemaking Board records. Daily briefings and reviews of current economic conditions, trading levels, spread relationships, and the slope of the yield curve provide further data for evaluation.
    Residential Mortgage-Backed Securities ("RMBS") are valued by monitoring interest rate movements, and other pertinent data daily. Incoming market data is enriched to derive spread, yield and/or price data as appropriate, enabling known data points to be extrapolated for valuation application across a range of related securities.
    Commercial Mortgage-Backed Securities ("CMBS") are valued using techniques that reflect market participants’ assumptions and maximize the use of relevant observable inputs including quoted prices for similar assets, benchmark yield curves and market corroborated inputs. Evaluation uses regular reviews of the inputs for securities covered, including executed trades, broker quotes, credit information, collateral attributes and/or cash flow waterfall as applicable.
    Asset-Backed Securities ("ABS") are valued using spreads and other information solicited from market buy-and-sell-side sources, including primary and secondary dealers, portfolio managers, and research analysts. Cash flows are generated for each tranche, benchmark yields are determined, and deal collateral performance and tranche level attributes including trade activity, bids, and offers are applied, resulting in tranche specific prices.
    Collateralized loan obligations ("CLOs") are valued by evaluating manager rating, seniority in the capital structure, assumptions about prepayment, default and recovery and their impact on cash flow generation. Loan level net asset values are determined and aggregated for tranches and as a final step prices are checked against available recent trade activity.

    Level 3 measurements
    Real estate acquired is valued at the lower of our acquisition cost or a percentage of the appraised value. The percentage applied to the appraised value is based upon our historical sales experience adjusted for current trends.

    Assets measured at fair value, by hierarchy level, as of September 30, 2019 and December 31, 2018 are shown in tables 8.1a and 8.1b below. The fair value of the assets is estimated using the process described above, and more fully in Note 3 - “Significant Accounting Policies” of the notes to the consolidated financial statements in our 2018 Annual Report on Form 10-K.
    Assets carried at fair value by hierarchy level as of September 30, 2019
    Table
    8.1a
     
     
     
     
     
     
     
     
    (In thousands)
     
    Total Fair Value
     
    Quoted Prices in Active Markets for Identical Assets
    (Level 1)
     
    Significant Other Observable Inputs
    (Level 2)
     
    Significant Unobservable Inputs
    (Level 3)
    U.S. Treasury securities and obligations of U.S. government corporations and agencies
     
    $
    199,129

     
    $
    40,545

     
    $
    158,584

     
    $

    Obligations of U.S. states and political subdivisions
     
    1,660,552

     

     
    1,660,552

     

    Corporate debt securities
     
    2,724,603

     

     
    2,724,603

     

    ABS
     
    215,546

     

     
    215,546

     

    RMBS
     
    246,457

     

     
    246,457

     

    CMBS
     
    286,812

     

     
    286,812

     

    CLOs
     
    327,893

     

     
    327,893

     

    Total fixed income securities
     
    5,660,992

     
    40,545

     
    5,620,447

     

    Equity securities
     
    17,360

     
    17,360

     

     

    Other (1)
     
    161,518

     
    161,518

     

     

    Real estate acquired (2)
     
    7,779

     

     

     
    7,779

    Total
     
    $
    5,847,649

     
    $
    219,423

     
    $
    5,620,447

     
    $
    7,779

    Assets carried at fair value by hierarchy level as of December 31, 2018
    Table
    8.1b
     
     
     
     
     
     
     
     
    (In thousands)
     
    Total Fair Value
     
    Quoted Prices in Active Markets for Identical Assets
    (Level 1)
     
    Significant Other Observable Inputs
    (Level 2)
     
    Significant Unobservable Inputs
    (Level 3)
    U.S. Treasury securities and obligations of U.S. government corporations and agencies
     
    $
    167,176

     
    $
    42,264

     
    $
    124,912

     
    $

    Obligations of U.S. states and political subdivisions
     
    1,720,100

     

     
    1,720,087

     
    13

    Corporate debt securities
     
    2,400,762

     

     
    2,400,762

     

    ABS
     
    112,033

     

     
    112,033

     

    RMBS
     
    178,961

     

     
    178,961

     

    CMBS
     
    267,660

     

     
    267,660

     

    CLOs
     
    305,295

     

     
    305,295

     

    Total fixed income securities
     
    5,151,987

     
    42,264

     
    5,109,710

     
    13

    Equity securities
     
    3,932

     
    3,932

     

     

    Other (1)
     
    96,403

     
    96,403

     

     

    Real estate acquired (2)
     
    14,535

     

     

     
    14,535

    Total
     
    $
    5,266,857

     
    $
    142,599

     
    $
    5,109,710

     
    $
    14,548

    (1) 
    Consists of money market funds included in “Cash and Cash Equivalents” and “Restricted Cash and Cash Equivalents” on the consolidated balance sheets.
    (2) 
    Real estate acquired through claim settlement, which is held for sale, is reported in “Other assets” on the consolidated balance sheets.
    Reconciliations of Level 3 assets
    For assets measured at fair value using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances for the three and nine months ended September 30, 2019 and 2018 is shown in tables 8.2a through 8.2d below. As shown in table 8.2d below, we transferred our FHLB stock out of Level 3 assets, and it is carried at cost, which approximates fair value, on our consolidated balance sheet in “Other invested assets.” There were no losses included in earnings for those periods attributable to the change in unrealized losses on assets still held at the end of the applicable period.
    Fair value roll-forward for financial instruments classified as Level 3 for the three months ended September 30, 2019
    Table
    8.2a
     
     
     
     
     
     
     
     
    (In thousands)
     
    Fixed income
     
    Equity Securities
     
    Total Investments
     
    Real Estate Acquired
    Balance at June 30, 2019
     
    $

     
    $

     
    $

     
    $
    10,250

    Purchases
     

     

     

     
    4,681

    Sales
     

     

     

     
    (7,173
    )
    Included in earnings and reported as losses incurred, net
     

     

     

     
    21

    Balance at September 30, 2019
     
    $

     
    $

     
    $

     
    $
    7,779

    Fair value roll-forward for financial instruments classified as Level 3 for the nine months ended September 30, 2019
    Table
    8.2b
     
     
     
     
     
     
     
     
    (In thousands)
     
    Fixed income
     
    Equity Securities
     
    Total Investments
     
    Real Estate Acquired
    Balance at December 31, 2018
     
    $
    13

     
    $

     
    $
    13

     
    $
    14,535

    Purchases
     

     

     

     
    19,872

    Sales
     
    (13
    )
     

     
    (13
    )
     
    (26,197
    )
    Included in earnings and reported as losses incurred, net
     

     

     

     
    (431
    )
    Balance at September 30, 2019
     
    $

     
    $

     
    $

     
    $
    7,779

    Fair value roll-forward for financial instruments classified as Level 3 for the three months ended September 30, 2018
    Table
    8.2c
     
     
     
     
     
     
     
     
    (In thousands)
     
    Fixed income
     
    Equity
    Securities
     
    Total
    Investments
     
    Real Estate
    Acquired
    Balance at June 30, 2018
     
    192

     
    1,168

     
    1,360

     
    13,321

    Purchases
     

     

     

     
    7,979

    Sales
     
    (115
    )
     

     
    (115
    )
     
    (8,511
    )
    Included in earnings and reported as net realized investment gains
     

     
    3,663

     
    3,663

     

    Included in earnings and reported as losses incurred, net
     

     

     

     
    (450
    )
    Balance at September 30, 2018
     
    $
    77

     
    $
    4,831

     
    $
    4,908

     
    $
    12,339

    Fair value roll-forward for financial instruments classified as Level 3 for the nine months ended September 30, 2018
    Table
    8.2d
     
     
     
     
     
     
     
     
    (In thousands)
     
    Fixed income
     
    Equity
    Securities
     
    Total
    Investments
     
    Real Estate
    Acquired
    Balance at December 31, 2017
     
    271

     
    4,268

     
    4,539

     
    12,713

    Transfers out of Level 3
     

     
    (3,100
    )
     
    (3,100
    )
     

    Purchases
     

     

     

     
    24,742

    Sales
     
    (194
    )
     

     
    (194
    )
     
    (24,012
    )
    Included in earnings and reported as net realized investment gains
     

     
    3,663

     
    3,663

     

    Included in earnings and reported as losses incurred, net
     

     

     

     
    (1,104
    )
    Balance at September 30, 2018
     
    $
    77

     
    $
    4,831

     
    $
    4,908

     
    $
    12,339



    Certain financial instruments, including insurance contracts, are excluded from these fair value disclosure requirements. The carrying values of cash and cash equivalents (Level 1) and accrued investment income (Level 2) approximated their fair values. Additional fair value disclosures related to our investment portfolio are included in Note 7 – “Investments.”

    Financial assets and liabilities not measured at fair value
    Other invested assets include an investment in FHLB stock that is carried at cost, which due to restrictions that require it to be redeemed or sold only to the security issuer at par value, approximates fair value. The fair value of other invested assets is categorized as Level 2.
    Financial liabilities include our outstanding debt obligations. The fair values of our 5.75% Notes and 9% Debentures were based on observable market prices. The fair value of the FHLB Advance was estimated using cash flows discounted at current incremental borrowing rates for similar borrowing arrangements. In all cases the fair values of the financial liabilities below are categorized as Level 2.
    Table 8.3 presents the carrying value and fair value of our financial assets and liabilities disclosed, but not carried, at fair value at September 30, 2019 and December 31, 2018.
    Financial assets and liabilities not measured at fair value
    Table
    8.3
     
     
     
     
     
     
     
     
     
     
    September 30, 2019
     
    December 31, 2018
    (In thousands)
     
    Carrying Value
     
    Fair Value
     
    Carrying Value
     
    Fair Value
    Financial assets
     
     
     
     
     
     
     
     
    Other invested assets
     
    $
    3,100

     
    $
    3,100

     
    $
    3,100

     
    $
    3,100

     
     
     
     
     
     
     
     
     
    Financial liabilities
     
     
     
     
     
     
     
     
    FHLB Advance
     
    $
    155,000

     
    $
    156,637

     
    $
    155,000

     
    $
    150,551

    5.75% Senior Notes
     
    420,578

     
    467,317

     
    419,713

     
    425,791

    9% Convertible Junior Subordinated Debentures
     
    256,872

     
    351,699

     
    256,872

     
    338,069

    Total financial liabilities
     
    $
    832,450

     
    $
    975,653

     
    $
    831,585

     
    $
    914,411


    XML 77 R11.htm IDEA: XBRL DOCUMENT v3.19.3
    Reinsurance
    9 Months Ended
    Sep. 30, 2019
    Reinsurance Disclosures [Abstract]  
    Reinsurance Reinsurance
    The reinsurance agreements to which we are a party, excluding captive agreements (which were immaterial), are discussed below. The effect of all of our reinsurance agreements on premiums earned and losses incurred is shown in table 4.1 below.
    Reinsurance
    Table
    4.1
     
     
     
     
     
     
     
     
     
     
     
    Three Months Ended September 30,
     
    Nine Months Ended September 30,
    (In thousands)
     
    2019
     
    2018
     
    2019
     
    2018
    Premiums earned:
     
     
     
     
     
     
     
     
    Direct
     
    $
    294,909

     
    $
    275,044

     
    $
    861,705

     
    $
    808,531

    Assumed
     
    1,388

     
    709

     
    3,275

     
    936

    Ceded
     
    (28,440
    )
     
    (25,327
    )
     
    (100,260
    )
     
    (79,970
    )
    Net premiums earned
     
    $
    267,857

     
    $
    250,426

     
    $
    764,720

     
    $
    729,497

     
     
     
     
     
     
     
     
     
    Losses incurred:
     
     
     
     
     
     
     
     
    Direct
     
    $
    36,755

     
    $
    (2,081
    )
     
    $
    102,835

     
    $
    12,642

    Assumed
     
    (34
    )
     
    55

     
    (110
    )
     
    45

    Ceded
     
    (2,736
    )
     
    508

     
    (7,841
    )
     
    (3,810
    )
    Losses incurred, net
     
    $
    33,985

     
    $
    (1,518
    )
     
    $
    94,884

     
    $
    8,877



    Quota share reinsurance
    We utilize quota share reinsurance transactions (“QSR Transactions”) to manage our exposure to losses resulting from our mortgage guaranty insurance policies and to provide reinsurance capital credit under the PMIERs. Each of the reinsurers under our QSR Transactions has an insurer financial strength rating of A- or better by Standard and Poor’s Rating Services, A.M. Best or both.

    2019 QSR Transaction. We entered into a QSR transaction with a group of unaffiliated reinsurers with an effective date of January 1, 2019 (“2019 QSR Transaction”), which provides coverage on eligible new insurance written in 2019. Under the 2019 QSR Transaction, we will cede losses and premiums on or after the effective date through December 31, 2030, at which time the agreement expires. Early termination of the agreement can be elected by us effective December 31, 2021 or bi-annually thereafter, for a fee, or under specified scenarios for no fee upon prior written notice, including if we will receive less than 90% of the full credit amount under the PMIERs or full financial statement or full credit under applicable regulatory capital requirements for the risk ceded in any required calculation period.

    The structure of the 2019 QSR Transaction is a 30% quota share, with a one-time option, elected by us, to reduce the cede rate to either 25% or 20% effective July 1, 2020, or bi-annually thereafter, for a fee, for all policies covered, with a 20% ceding commission as well as a profit commission. Generally, under the 2019 QSR Transaction, we will receive a profit commission provided that the loss ratio on the loans covered under the agreement remains below 62%.

    2018 and prior QSR Transactions. See Note 9 of Notes to Consolidated Financial Statements in our 2018 Form 10-K for more information about our QSR Transactions entered into prior to 2019.

    2015 QSR Transaction. We terminated a portion of our 2015 QSR Transaction effective June 30, 2019 and entered into an amended quota share reinsurance agreement with certain participants from the existing reinsurance panel that effectively reduces the quota share cede rate from 30% to 15% on the remaining eligible insurance. During the second quarter of 2019, we incurred a termination fee of $6.8 million, which was paid in July to participants of the reinsurance panel that are not participating in the amended 2015 QSR Transaction. Under the amended 2015 QSR Transaction we cede losses and premiums through December 31, 2031, at which time the agreement expires. Early termination of the amended agreement can be elected by us effective June 30, 2021 for no fee, or under specified scenarios, including if we will receive less than 90% of the full credit amount under the PMIERs or full financial statement or full credit under applicable regulatory capital requirements for the risk ceded in any required calculation period. Generally, under our amended 2015 QSR Transaction, we will receive a profit commission provided that the loss ratio on the covered loans remains below 68%.

    Table 4.2 below presents a summary of our quota share reinsurance agreements for the three and nine months ended September 30, 2019 and 2018.
    Quota Share Reinsurance
    Table
    4.2
     
     
     
     
     
     
     
     
     
     
     
    Three Months Ended September 30,
     
    Nine Months Ended September 30,
    (In thousands)
     
    2019
     
    2018
     
    2019
     
    2018
    Ceded premiums written and earned, net of profit commission (1)
     
    $
    23,032

     
    $
    25,248

     
    $
    87,721

     
    $
    79,716

    Ceded losses incurred
     
    2,729

     
    (522
    )
     
    7,845

     
    3,531

    Ceding commissions (2)
     
    11,042

     
    12,983

     
    37,807

     
    38,268

    Profit commission
     
    32,177

     
    39,664

     
    108,079

     
    111,622


    (1) 
    Premiums are ceded on an earned and received basis as defined in the agreements. The nine months ended September 30, 2019 include the $6.8 million termination fee discussed in “2015 QSR Transaction” above.
    (2) 
    Ceding commissions are reported within Other underwriting and operating expenses, net on the consolidated statements of operations.

    Under the terms of the QSR Transactions, ceded premiums, ceding commission and profit commission are settled net on a quarterly basis. The ceded premiums due after deducting the related ceding commission and profit commission is reported within “Other liabilities” on the consolidated balance sheets.

    The reinsurance recoverable on loss reserves related to our QSR Transactions was $19.5 million as of September 30, 2019 and $33.2 million as of December 31, 2018. The reinsurance recoverable balance is secured by funds on deposit from the reinsurers which are based on the funding requirements of PMIERs that address ceded risk.

    Excess of loss reinsurance
    We have aggregate excess of loss reinsurance agreements (“Home Re Transactions”) with unaffiliated special purpose insurers domiciled in Bermuda (“Home Re Entities”). For the reinsurance coverage periods, we retain the first layer of the respective aggregate losses, and a Home Re special purpose entity will then provide second layer coverage up to the outstanding reinsurance coverage amount. We retain losses in excess of the outstanding reinsurance coverage amount. The aggregate excess of loss reinsurance coverage decreases over a ten-year period, subject to certain conditions, as the underlying covered mortgages amortize or are repaid, or mortgage insurance losses are paid. MGIC has rights to terminate the Home Re Transactions under certain circumstances. The Home Re entities financed the coverages by issuing mortgage insurance-linked notes (“ILNs”) to unaffiliated investors in an aggregate amount equal to the initial reinsurance coverage amounts. The ILNs each have ten-year legal maturities and are non-recourse to any assets of MGIC or affiliates. The proceeds of the ILNs, which were deposited into reinsurance trusts for the benefit of MGIC, will be the source of reinsurance claim payments to MGIC and principal repayments on the ILNs.
    Excess of Loss Reinsurance
    Table
    4.3
     
     
     
     
     
     
     
     
    (In thousands)
     
     
     
     
     
    As of September 30, 2019
    Home Re Entity (Issue Date)
     
    Policy Inforce Dates
     
    Termination Option Date (1)
     
    Remaining First Layer Retention
     
    Remaining Excess of Loss Reinsurance Coverages
    Home Re 2018-1 Ltd. (Oct. - 2018)
     
    July 1, 2016 - December 31, 2017
     
    October 25, 2025
     
    $
    168,112

     
    $
    288,852

    Home Re 2019-1 Ltd. (May - 2019)
     
    January 1, 2018 - March 31, 2019
     
    May 25, 2026
     
    185,714

     
    315,739

    Total
     
     
     
     
     
    $
    353,826

     
    $
    604,591

    (1) 
    We have the right to terminate the excess-of-loss reinsurance agreements under certain circumstances and on any payment date on or after the respective termination option date.
    The reinsurance premiums ceded to each Home Re Entity are composed of coverage, initial expense and supplemental premiums. The coverage premiums are generally calculated as the difference between the amount of interest payable by the Home Re Entity on the ILNs it issued to raise funds to collateralize its reinsurance obligations to us, and the investment income collected on the collateral assets. The amount of monthly reinsurance coverage premium ceded will fluctuate due to changes in one-month LIBOR and changes in money market rates that affect investment income collected on the assets in the reinsurance trust. As a result, we concluded that each reinsurance agreement contains an embedded derivative that is accounted for separately as a freestanding derivative. The fair values of the derivatives at September 30, 2019, were not material to our consolidated balance sheet, and the change in fair values during the three and nine months ended September 30, 2019 were not material to our consolidated statements of operations. Total ceded premiums were $5.4 million and $12.4 million for the three and nine months ended September 30, 2019, respectively.

    At the time the Home Re Transactions were entered into, we assessed whether each Home Re Entity was a variable interest entity (“VIE”). A VIE is a legal entity that does not have sufficient equity at risk to finance its activities without additional subordinated financial support or is structured such that equity investors lack the ability to make sufficient decisions relating to the entity’s operations through voting rights or do not substantively participate in gains and losses of the entity. We concluded that each Home Re Entity is a VIE. However, given that MGIC (1) does not have the unilateral power to direct the activities that most significantly affect each Home Re Entity’s economic performance and (2) does not have the obligation to absorb losses or the right to receive benefits of each Home Re Entity, consolidation of neither Home Re Entity is required.

    We are required to disclose our maximum exposure to loss, which we consider to be an amount that we could be required to record in our statements of operations, as a result of our involvement with the VIEs under our Home Re Transactions. As of September 30, 2019, and December 31, 2018, we did not have material exposure to the VIEs as we have no investment in the VIEs and had no reinsurance claim payments due from either VIE under our reinsurance agreements. We are unable to determine the timing or extent of claims from losses that are ceded under the reinsurance agreements. The VIE assets are deposited in reinsurance trusts for the benefit of MGIC that will be the source of reinsurance claim payments to MGIC. The purpose of the reinsurance trusts is to provide security to MGIC for the obligations of the VIEs under the reinsurance agreements. The trustee of the reinsurance trusts, a recognized provider of corporate trust services, has established segregated accounts within the reinsurance trusts for the benefit of MGIC, pursuant to the trust agreements. The trust agreements are governed by, and construed in accordance with, the laws of the State of New York. If the trustee of the reinsurance trusts failed to distribute claim payments to us as provided in the reinsurance trusts, we would incur a loss related to our losses ceded under the reinsurance agreements and deemed unrecoverable. We are also unable to determine the impact such possible failure by the trustee to perform pursuant to the reinsurance trust agreements may have on our consolidated financial statements. As a result, we are unable to quantify our maximum exposure to loss related
    to our involvement with the VIEs. MGIC has certain termination rights under the reinsurance agreements should its claims not be paid. We consider our exposure to loss from our reinsurance agreements with the VIEs to be remote.

    Table 4.4 presents the total assets of the Home Re Entities as of September 30, 2019 and December 31, 2018.
    Home Re total assets
    Table
    4.4
     
     
    (In thousands)
     
     
    Home Re Entity (Issue date)
     
    Total VIE Assets
    September 30, 2019
     
     
    Home Re 2018-01 Ltd. (Oct - 2018)
     
    $
    299,655

    Home Re 2019-01 Ltd. (May - 2019)
     
    $
    315,739

     
     
     
    December 31, 2018
     
     
    Home Re 2018-01 Ltd. (Oct - 2018)
     
    $
    318,636



    The assets of the Home Re Entities provide capital credit under the PMIERs financial requirements (see Note 1 - “Nature of Business and Basis of Presentation”). A decline in the assets available to pay claims would reduce the capital credit available to MGIC.
    XML 78 R53.htm IDEA: XBRL DOCUMENT v3.19.3
    Loss Reserves - Delinquent Items (Details) - loan
    Sep. 30, 2019
    Jun. 30, 2019
    Dec. 31, 2018
    Sep. 30, 2018
    Jun. 30, 2018
    Dec. 31, 2017
    Aging of the Primary Delinquent Inventory [Abstract]            
    3 months or less (in loans) 9,462   9,829 9,484    
    3 months or less (as a percent) 32.00%   30.00% 28.00%    
    4 - 11 months (in loans) 9,082   9,655 9,564    
    4 - 11 months (as a percent) 30.00%   29.00% 29.00%    
    12 months or more (in loans) 11,396   13,414 14,350    
    12 months or more (as a percent) 38.00%   41.00% 43.00%    
    Total primary delinquent inventory (in loans) 29,940 29,795 32,898 33,398 36,037 46,556
    Total primary delinquent inventory (as a percent) 100.00%   100.00% 100.00%    
    Primary claims received inventory included in ending delinquent inventory (in loans) 557   809 766    
    Percent of 12 months or more delinquent inventory, delinquent for more than 36 months (as a percent) 36.00%   38.00% 39.00%    

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�H@[\V. ,--&B03BR2 MAOR=$4C7'IB'.#JWZG%=)"^LV8LB+VYVCYH$.(["A*.(2 "S1 K 0=,S61+& MDLEA2OA,0PS&F.$HC9.(02Z4C2#*L!!I*%@:4]\%B-Z5VR]OU.?N@I7"-E3E MAA!H*VV>N1NN9QK8C"3L*4]&NC6"WKF)U1A37E2HT?P8R](NWS7985,8O+PK M=*$?E:14Q5>51*Z_%=VK?<:8,AAE4$@"(B*2-*$DA&U'R[A0@RO3CF;9+.,L M)2%@(D8J@XGB3&#!$Q(Q'C+(I,>5J0-2W?D>0 Q:C!<;;%ER>*Y?>O+&3+JJ M+^L>]UZO+!K/'.LUFV>:?5?6MAIW*=X23U#'UF M.8G=..M9T?[I7>NL]ZVSE"E706=,<&J-WL_;VG,QG7?DAW/SX1-[>AYQ87*K M'\^G7X3UL7&$?,O7&XWCMJSJ?%-\*I;[:KU;%R>5(0W0+P0E28JDWKX&!$0$ M)I#T(D4 058KEYZQ\CB"BEY$4))"3&.:0HYA!A+,(YYDOJ][.5Y,NM]61;Y9 M_Y_FJHIO15<:]DN^[K:$MK0>]R=DP#(:7\=+8(,F+V_6V6'63S->JNUO"90#P M- ,9BSC%82C3Z"B:,!.1Q9YK[UA3& D4)7&$< QIBG$I]VO\9SKUX-\H,!CH*A?X>.BX+S<**S\/=3:]7O QW_KH+.NL,ZGK;O*LAO M52ZE(UUW>_=RD]?U^G:];"LTGD;%.4? L:X;$/HF>UKF'?.FH\$PV$WLEXFF M%!<)3@D5+$YH*D4(HCA)>:=]$@N4+G;E+M],,I&XD#B+$T A9BF'"8Z)((QD M<9RI_V 2V57I/\#V,WTX#WTR9-;?])*QS^:M-LZM=3N=9,FRS;;-1X!Z, N< M0!"R, ECD &_CR'1++&#+G>!7(O[QY__8JT$B[ M'FFR0.:15^'IKGUJ32X[,Z7@7U7MD%I3Q- MTDRE&S&620R$OMBMZX9)FK"QRM=,N5*JL_1-IDL:A:4663$Z7_VQ,\- ( M(")2C'V?;OYCI<2]"?:6*Q<66K50,+GJUI# M#3+0KU%ADL^,9Q'K^U\D0L/:CA8-II *I"P5@"&( M(:*20I6!J/_*.!0I&K R.T3-W@W8E>2"3A=RYHY'?W*F,P7)F1?AO M0<[L#+*2LP%Y+H]WLE6MGZP! B<8JX&_+AHEHBA) M2=9W(,:CT&8L,P)&0E*JVF,R$0D$2"@!H6%$$JR88H3[GDU^E(GWLYKE-G@2 M[@;/*?MTDEE>,1/_V.4;S>GBTVRC SF/^>?AE)Y1T@G\- ^]G<+0F21YF0$(N,L(9Y'%,,C4V%2J!$X C M$?H^8_*Q6)9?MHTFZPU([9&2G]KS)(TT%ZTTUT=IKG?KS2;X6FP,Z_&Z]H&K MV2KG]'N:L>K4]_)IZ5/Z1DU>6?$_#REU;93U)-8 SDPELMUET6P6VZR7/XX% M*(A$%,0J,^))J/JET/5-VYU&4/(LM2I2\V(C(!9A'"8D!@F @" ,:1SK3?)) MED21@)YEL-MBM,N_VTY8#:?-3,8FF,PHU MFMEY:-)X,TK'3YSML/I7LER6^ZTN,7I=E5OUX[(M)=\"> PC92A2Z4 ,C78BB&7(D%1C)N^3#&B M")B6-'_Y^_4Z@1K)IY(0J-+53.6K*FV-,0V1KI'O<63500H4IJ !=;F=DR^P M?2S\68\'ARYX<6^;B=1/7BUWNQUT#V.S<1W?1M.L9+* MP?/A]C'.IIS?(D%9%/$,@%2J7(FE-.*P[VT@)%87-CB&EA',DHA"'D("0QQC MHI,[Q:%(4XIXZ#FE.2UR>6K/Z6I ;U%[3]&)3?I#SW7WQC++I8.I/6ZFKS-V MMITJ7\+/GHN@NO#(F4AP(=?/(WYP ?B[J:H%AD77 F.D B(4"*6I1GHE"B3B%.3V&/8%(EBE4@B MH:Q#4"0J(.,THS!,:)IE//*]@[]'&'S\](O%+;8N.#ROYA>@STZ=#\Q5!W1! MK>$%^VUSLTB+T#"DNB+5_/+%B_",ZE,:67A\UN4#(R!KU;;XOF6L=%' FKY>':3V5.ML2"D,9B1CSE!.8"9E!BD(4,B&H!!'Q/:AHP 1% MKPGW2A-J#=*RROM(-H?-QOLC!X"Z,B65R;J MQS!D*E7_7JR_?%5Y./E65/F7XOU>)^$?;IOVZP_[7:T7R!6H!LL"J]2<4YQ* MR"E(J#[=W'>Q:YMEG"5E!%,44H@!7H;A1!IA&4(,_6WS*8/#CKH MTL,-\A:OKDIWI_*>1M/JH#P"#MX$-TT?U=>0MW]^>1?B%&XQT\#+^<-.$P^. MZ( &+5*=@+98@Q.PG5Q.JY%63)[13#\>F8>&>K*MG.*9=I .+F3,HCC*5(HB M8BJR*(01[3NM/D4S.@U*C72!I,,SY*1H:K#]7A9 M"6&?3V8)3](0\X1Q0 @3DD>\[RM(D'2,_CQN"P(L6!:&*D^5D.D". EGE"JU M%9G$S/.5J&=W+@/21VQ9"-10GN46TQK%D M*E_\R?3>0GTM1"(+I0P%9['J;%&_ZDED!*P4ZYFOYQ"B*(X9E9A#J;*]C ,) M4L+2+,EXZONJYQ[1R8E!.W$:PIB9'GDFRTZ"^--%B:M W-X6RYT^=MEFG4]U M:EI->LK8&1D:0>\\E&>, :6S1\VZ*,6QW/OATJ3/)6LF=9IEZ:_E1A%7=WJW M0#$ --87(*4X TF($I#TG2E#D=6M#/:MPS2$! /,4$8AD9P"SN,0DW$Z#]:AMJX]X=H79L)V63?8Z9ZNWOZ@H/OQDCOM MA!9R<(KYD)I-7G3"CM0STNC/0?-03H_V/:TLX97)X7G=(9'$(8L(#HE($A$C M)(5*(KM.+;ED<%Q^=RQ7PW'2;!P-LQC",,WB,$)9&HHP95@-VCSG>7VJK+)%IEA=;,ST/C7!CR:I8XD!N+&@]5,4(0H105';(4D8 MA;'5M@\'<)0R0!+JO?0@@I)P&B4AI(JTF,LTAK[W##[8<#Y\G70*OY@)YH)^ /B62[DOKXGJ"#]![#6//.-S?:JJ S*SBU:_)Z%B/]<$:3)W3R/+1[ M2H.?5M.8ENM16V:ZI/G)NO+Q.LH%HUPBGH48PA2E,F$1.P@-PFEL$P"&8H L MD8 G-(11"AF-"*)Q*GF82,;B+/.=^SXSQ^EXCXP+/Y@)_AQ<8*?R+^V;Z>=V MGFZ>.;D3> 8;:%XGUW8KC4-WS4.OO5MILKW&.:LC-S.^A&<1*0%(4$8@35D2 M2X##..V5 *AQ@\V,KFW;*C0A0'E( 8PADR23B"58C=0Q5DR$5O>'#YC/M=K, MN.H$PO5VQN&.&2'1$_G$C32_L*7Q(O.ZEFS:;VL<[9<9:[ +Z\RV-CIB<>0V MHP5$,HX@E7JF6+6@Q#WF?1=F66Q5;.ZE-B3,,$%JF$Y(# G7^P^@8!)B20CB MQ/<?\Z_?\QW!2MU';F]@O%!=<3F0&"]@( 3'("QX(I*^"RDX M=GNOS9N-$@X2?7\6A2%,":8QU*LQ:<0X @3YUJL#TGX5?Y=_#Q0VR\O57?)L M*%67H=A2O0[L'LO\!AIGH$O%;Y?KS;K!>*7E;3GYB-J'J =0 8] @OME!L0MN9[NF4]7ET3+=UCRYG^Z ]LUM6;VI%=[+"=&KQ)T3)W>LST2P'!KT6,1<V/1S M>7K&@T=Z51X)$;*8Q$C&/.R:3ZC(K*I\.VO4L\C)]??#@8JKXXF*0[]4K^V" M6WV[[C=]NV[P4WZGM+"YW6Q9UKM ]ZK@3?#W\"I)XZL,Q_^L7\K:EP!&5VF6 M3'SYF2GU@_KU0._-O79,C-MU5=TR[/,6>.+.LQ"MG=CE(2]<) MEFE%Z3$39\1G,&GS$)GA\$M'#X_MKOIC"PRC-$8AY"@3!-(D(CSI6P@!BFWV MXMA\K^=]-I_U1SJI>#B>L=WH;D&5F4+X8LE.'"XF"V:*,(2D>8C!(.1/]F / MM=Y4 EA>?R7;E?Y'7^*J,EW=&-FQO*I^K+=?_J)3WP6/,BG2E,@HHUC %.(H M[MM.F2 VR82;%CUG&!I=D&]5IJ]_*(XX[53#$;MF>C(]L79*<^"T^>$$8I.Y M]2B#!N:T4F3$W!F1,T;3Z^9W$W*K)W2G9#ZHNA-JW"OD75&W)SQ M/ ]=EYM)SB72ZK?;$Z9HKM]I:/Q;)0+>NKNT DHYCC2"02Q*$4@-)^ MP@ER@>WF=D>WYGNYNP5X.N)K9W@M5Z_&LVJX>#4IH78RUG-YLAK8;:T[PIMX M?OLUMLY-;#MC>AY"YM">QU/9CIDR3\S6VWI?Y'PZ:O#JJ1?P(] MJ([8=56635G7^L:VHOIF6]G0HV-,<[TY>,0V"3RZX@1T<%M600L[:.&VZ6'[ MXPGTJ1/$@0R?S1Q]>VT>2CR!G4]RS6F8':?<]8?MM4*C"YX5]4*$<00%AU*2 MA#%$"E$EDM2+IHS_O ^D4E;OK^ID'I0HMU[\)97W MI+6&#O/#G-5RH$5&NCB&+5,%O*Z*N_7^KCXFR8\G,Y%*D:,HY"CC!- L%O$A M9T8TSJP.Y(YOS;/Z]0"U]+TV4O3%IYG034NEG%Q.?7'N5H3/R MY8[=>8B70WM*7\^AK7"5]T6U^W&MGKR=2AGUC.6]#I/J.5MD*%'#^RB+4\$3 MDG(4AZAO,@+(ZK;E40UYEJL_Z4FM\O9VK?()G3,4/;:K8'NFNWD@U%2T)N+2 M5J]:6%=! ZRA4ARIO(!RO4S36=%RP.Y<],J%*4^DRAD_QE6KB]NBJHK5=;E9 M+W^0I6JQ/2;(REJ-:BF),LH0!@)+'(91',7D((U,6)W.&=F49Z7JT07' =!] M S3(CTB;;;"VMY>,9-A,N"8DUTZZ#KRVR((3: $[MZG83\'JLS2=D2Y'_,Y# MO%P9\[AXM4N.; 7L4'R@/=C8*";/!$!2I$10$$J&58+7-YADV*[L_O!FIA.N MOO:)/@YGG5Z-(=).HSQS.%"?3HJ;D.[A:<]M1+>S9HP)$@4W+, M-,47+W8BTE)"SE/B[PQ0V_ 9B1C"TCPT81#RYP[]#++>KNC)@F,E(2E(@&2$ MT!BG0/8322F'(; YZF/XE59]?>@IGR%]W902LV[N@0V['GZ)OOUJM[9D91X] MVA;TLW5++&TV[M,6$-BN3N\.TU,QNQ^'J@(I8P22),T2%'(J<*9D MI6\^PZG5FKNS1CW'_7=O"7W[[NWGM^)30-[SX-.?R$?QIP_ON/CXZ;__71:! M])\#\6^_O/W\'W9*X8YT,RVY"-]V:G,"\3#7N_MQL7HFIHR=D2KGI,]#S-R; M57I^6(<+XN%:[$R")%$:BS!,LI@('/:'A](()59SPD.^W[?,'2%95F8:1):] M9OG@:;@\S4&3[.3'EK_Y*8VU!6=$91@;MOKQ0Y;5BYLGQ??[8EL7_>H7R^M] MOMG].'QV(5&4X%1@$)%4OW5F:I3*S.#4Z#R+=&#=]R/I%'[&1M/LX8 M)H0_F@V2Y_9&!IT55T%O1] ;$AR^Y3(*.HI\ \V=QKGS4NF);'Y!UZ=DW#02 M_++5MXD4JWX[UB)&- ME"H$@B">,2HGZY< L3KF5J%M_N6=][O$$]QT@.XVV MY\I,;KW29*>CAL=,)62A"\HW>./BN MS+9[4XO)R'YKMBI^ MZ0[U"<1@5=RH(?R^LM6,4=2::W"_%-ME/J4< MX#1&\4%K.+<A,TXL>3)2<<6.^;78+VX690BF81;&5&01@(336/:SMC@1:LAO5=9S M1$,VW6E0W["UXN/F!#N@.VYR%6+@QYUK)J;,<%5&(;Z__^Y_^.ZKG41\>ZVS#@%5S$\7I5Y^+U[=[G? MU3N55^B;8/J/)-E5&N+C1R"\4A][^6I-1[XSS]*\N:[!M3EN',L6_2O\MCEI?*)K&E*2(012& '$% M:;M?BC) G#8\#M"<9Y4SN'XMUL&R1N9X>'@ -NU49F0BW73G *Z^?%?3V>"[ M"(XU:>1CR6VKO89U:,5JJ)%ZJ+T 9%_7;H U*5KS^G'PKLFD MFNPI#"^2.-XG3Q!=D#1TS)VZ$&VG:[[([:1C>T*/,ZAQ1>LE'R=$J@=Y\Q"E M/@:4@W4DY_>V'NX>5F;,5DMT6N;N-_EMOMX6W_+Z_B9S[.WW?/?Q^FOV8Y&& M"4L4BC#%DH4RB>)DG\?1&"5N-:RA6_=>V#H"')35(O3R&')[&]P[\QS"+]5U M<&;3\"[[X?Q>U[!>L4S+)G2'8XYVY(=Z,\ 3K.VU6;1_7F:7%>O\2F:;=;&^V1ZA$OEUL2QVBU2! M2,0\3>,PC@C1_PO:AAEF;BN6 S3G>=;:(@SR!J+K.S+]^;03R)&I=-/$/8LM MNN#=L4PV -_.E3T]%W..L1.B-R#=\]"Y(0UZ\5;,P%QU7_!<@!0C-4..V\ZO#QHVS VKZYQ#GU,IS3\ILUF?,80'T,.+O(@[;E3LUMC8NQ>K73<=!I,GJNWR@%%9=LL" M7K_$;EXWU]EMD^S'[#ST:CAS'&^H<^3)5LOD]76^W&T_7A\]3??5;$CYFO_8 ML94ICJ=804!8#!!-J"!1PA$(E<*$@SA-0Z<%-XOF&$RX@C".H8I1*@4A"$(6 M8:YXE$#@^V6X&J$I+FR.'G',;C9Y;G:=N#K/V0E=&Y#P>2C;D :5WCJGG;K=[6Z:1C]>__N#SE"J_8M' MK=-V/)NW-YN;6&1U+XL6W_HASO?KY8-Y\^ 94,1B0AB.S%D7!BFC@*-FO")( M@-4Y-8_PB$I2@&%(!&%(*)4F,2^KJ3;ZJGA M]@7)YAHCD^#4+P^;RGMEH)WB3NGQTPK]DSB[BZ(''Z^#RJ2@LNF)N!^L"CZN M]]=3!;5A@;8LJ$T+6MM&&,_ 2A!DX?-JD8@X$E+,9 M?*ZK24>/A.\T+CT:Z[?@7C0?ZOE"I.(D)A&46,8T;M5))TW$;4W)LE%$>!** M%*=Z=H( 28GN%3(,I9 4JLAMB;C+?3_+V_SJ855I3/V ^DU3%]FTL%W7FH9B MVW;%:0*B7=>=#@J]Q]@^/#GUI,V6OY.K4 .[8!X3N.'->K$BY84WZW6I9NA_ MO/Z/;%.8%M^OM8+DVYW44$SA[*BJP@F-2$(TBA!(+?AVKX^[HS2GS[^J&Q,^.]U0.RKF=0$Y% MMYM&'C/=X@Q:H$&+='*U="#SU"JC!Y?,0S.]6/9\7=(;>^[*6>6^+-OF5V:G M5+[>5G,]NM&B?E/GP.SQ\#N?LD?S/?H]V]2I[T(F'*:$Q*E*$%$2*R9Q-<:) M3 'D23==[8N*<8DC_3\4$(1@*%,D(-?_ 0I"%(5CJFX%\]=+@S,X-B8XMB:X M?'SRBXU%0652HQF6Q8\)7.PJXW/R;G>1'\&QGB- 3S]8Q8>Q?#VWZ#&:W6_& MEG&9/Q=YMIO=XK-IF?XHMHLX0EQ/ T+(00P9AS0$M)64* FI3=1X^HDIH%B$ M.(1I&*(X!4P"!5A""162Z9_X5GQ3(]WNBJ7.L'^K#G94% =_&'"6RNU(T6G5 M]<>.HV)V(\9&^;2)1ZJG__5<\9YP\(I:=>-H6J7IB+GLTRL<1_AO^=UEOEGH MG!5!E-)(43WY$S%F,6\Z,%$<6>T2>?Z9^O,4";GN_SQ""M*44TBEBDB*"(Y# M,M4H%^5=5JQ=Q[DM498CW0-' XWU<_0,.]IK'DZ-=T>F9C+B75$_'_.=K+89 M];\5Z^+NX:[Y?*"($A#@5$64)3 542K:[APFPJK2]O)360JX00H2\P*KEJPD M!)+SA.)4*A3YW@36@+$?X(Z13TT@BG=5*"8E" MDB8D8BR.D9YJ(,4(\1W6&S .@]N-$XO![8T.Q\%=XQAS#] ->77?U+-"4 LS5P@!HAP#$&*]8>WG9D"[G0L]>DG.#SU&+.E.Z;AWI/2\'S)9[I_6$;2S[EF^MRT1HGH9 M?3O,U-19'Y_^V[K8;?6X;-HT M]^M%(J9AB!BB("$H;>LV-*+$\;&&TVTQAA4,4\6Q3!"5@J1,MTT3_2VBOQ&[ M#*%.U]H]D:-RO7HTFK3--]^*'GK4DU\[51J/6#=M.N"JK]\,*F3!.\/T+Q/) MU$FN3HC5,!S/0[(&LN7%5O?A&!IL)OY6GO>A6.?O=_G==A''6..!BJ8IH%PJ MD<*V4,5B )T2K0'@Z&R2:Z* SE008@"FF(621S2).&(P\7Y6R&++WID=>\:6 MH#)FZ GZ ,X<:#H^KA\=]QB,X\)IYNUGB>\S2Q_.J_/0^3$-=IV!#\VU]XA1 M_<]_Z!A7K&]TCEZ45W 1)W$*XB1AJ:("005B+%NY26'L=)IT4& )%!'%2,/3 MW*6(TIBGDNOO"!9&./&]7%S+R+<:DYG7:U#!NV(=/.;99NMX4_VX'O,<('P[ M:^10<=%$C,:BH#;I)XD9K_C"1_3HX_*?/([T,GVHB-*??^^QI;ZN[OU:3Z > MZEL5S,7<7V^S]*. M*^@PP1(P*1259C<&)"!&F%.D4@0@XKYG-A6:O Y#]7,J8\6AP;WK.49-Z=C1 MXU?SKNB1M8IACPAD)TS 1$5,\CMH-ZHQ)B.<8 M<\];!4&D1"P)%H@C12)F:F8RBGDD2<*A[XEB"S!H$#:7XAE\]5-=5;BN'ZG= MFHED';IG&KD'Z$3S"NWC]I^?)?9?!"^Z;?4K@:'FJ._^.7.$LWUB!DG$-D_9?SZM+H]JSG9>?5Q_SLTUB,7Z1EM6;/^V+B_-EH+Z M1IO[AYW^L>X"Q:JH^*BO%1 ,I2D,)1,"2B49DG$(4XSU/Y$*$7+)-,;$Y3E7 M. CK15!;TQZAO3(WH>X-"BJ++H)CFX+*J."I5=UNC1G5TW;IP%R=[!;0Q_>O MES@\H#-.1-(I7#Z/6#B)Y>7T ZYC/&*/%4:^RK;;^DH+W82"((3Z_TB(48@X M:-M+D @[11?G5GPO0!HT006GTUFV'O0Y2K97YMP$V($TO\KYG!,;'>S,X\Q4 MK;L=;VE43V;&S8"/P3;G+B#&*5)H1E MHK,E+]@XH8/=F9N'@/7 7P[5A]PD0^27NR]&S*K[P]L36$JP5"41A1!K/4*Q ME'';E-09LHMJ=&K =]&T^)%?F:>@RKN1UZ->8^/$>.A%WCR&1#\3R@$[D_V+ MCY_S;"6WNVR7T^5_/Q0ZXC=-22D1XRF%,N5A"B5%87)H*K*:=?5JP// ,+B" M&EC0(K-_.Z\[;:?CZFB,N876U\@Z'V,'9,W^S;1 M:/+JX:IZIZ\Z[UVM6&27Y<,NV!BZ\YKNK*7[\K%^(-"\?V&^W)0/-[?!K:AFUWV-_;Y'WBFX/PO7T#^[U-Z$K1\;&P_W]KSAZ['9$=W^Y@%.C\>GWPAVL;9,Z[P?; X73N5 M_^>1^T]FO9+9:/JRJ+S^7JY4J-V;#V((*GJ*4TDAP):6"(<9T MO[S%93Q^&.L(]&>+:1?!D:'!'\;4H+%UDA#7M7^,&>]&Z!H3![].O6+&L?!U MCWD/C#T[RI\I2O:EPDO(',0_SO'SZ V9OQ>[VQ<8MT]!/K6HLK?>%!U%.$U3 M@(%0L88L(4KWF] $B\)%?8?#EUVVV3E&SK$@NDCBZ![/CYY:^:W->B5S;%Z'K1;BK]VQ,<+QG M:*_8!*RQ.\#,@M3HYK\5F*;QPP3!Z.LF6V^O]53FX\/NX_6'_%N^BA8 ,A%B M*.)4QIQ1( B4+6I&)5NL\YMLEU]][3"MFPBRE>*16O%>6&>_WM!""\RB@HY2 M%;H@FBQ,=7/OZ%'+GTOG%,0N N?^,?? ]IKCQHESO;K,GR[L]6/#7Q0R&01SL%7HX-$+/?>\*<+4QTH\!>;NOIC@H#T)5MIF"D/$P@EBBD* M(_,6>LSW,(E"H)V6C1Z.[.!UF(*Y!:,*QF2!R-)'HP>A 9TSKP!TVMUS#SX5 M^G$"CUL/^-,%'4?S_06<+GZPV5$^(,2_9L7Z0[G=OJ^WREZ]7\ML8Y9<])_> MEQMSS<^V^;G^T_SJ]WRW,.=#N-0618#%,HYC*?<&I4(FMOO69VZ&YYE4"]5< M>I8W8(-L?15L&L1!M@U6&G.U?[F&?1&L\YW]9O"9$VRQ47_F%HP?1/_>-X@: M&H)WQM!?@GT7?+\.6C+,7S;]CVX#\WO!^WWO^_W/U/OL#SS,W!+_QRI^OMYH M^<>#C)^EKTQ\K^5F(*G\Z'9FLZO&V47 !8DQ2D3"4) E$$824I#7X M$,$XB28JS/>!/(<$4^>3U5FXXI_5+[;'Q(,;;==TI95>'6'T@LM8?6 F99A7 M8W9QB-D_;87FA!_'J=L,T9'^=-6<04CQ5^,9SF>3[4Q.!0\%(*DB,5$JQ!) MW,+$:1@W.Y/E>OR%!CN [ON26UNZ[$K.=0@]OQ]Y[F(W^@Y56R?^Z03,T7S? M.U3=_&!3CO[WAW*755?+?\YUUOBP,2.%WFSR"NQ6_C#*J)'P['Y7?-O?M*(( MC4(4Z/2Y]D#TU?H?!M8CM:;[6,AS_4%SM>WMT5VZT9I9Q!3!5)L6 (IBR*4[H?U$1 M:!L'.S2=\I0B "@4(4!$I)2#.&1QS!34$Q:WQ+I##*P0!_<-Y.![C;FJ4>45 MZFJ]LTJV*^3!<@_=7FI]>.1\Z)O8&6YAK_9#BS;X^Y$?9..'WVL_U* #/A,_ MV(>[B?W1+=3Y\(M-F',GZXT0YY'UZ<.;3^/*47JN6]WI*++*Z^M\N?NXYN9J MO"U=7[%\G6L,^^4F>E<^K'<5]$4DD%EU"L-4B5@0L_#$FU$,89(ZK=QTQ0"U M=,0ZVF-$(A2'D#$5A8F>_49A) !7HP2Z9YMYW%97O+%OMUPR!^+=@MJG1SY/%.Q\>V@>=3GO5I;C]GN7:X3W2'03 M9BZS%_PZ%BP$I"!5* UYREB,$4M1FR[!B"J'^X3/M12FF$8@2E $=* AB"0* M*H!US(FPP@SZEU,SMS_,!ARJ80/0>#[['Y=!-UT\KIDT1![0-7GEJ'2Z7#P\ M)JW=]-I=('R&A#=R\>'(FS[U'M"6TD?WZJ3J+])X@$,0R80D"<*12' , MTZ0=.8 F5@\GG&N#4LH$!9)"':H$3EFV;3PMC' M.#O3:3??]N2BVH>_Z [?/T(=<*$E@>1\E@BG@+%5!A!$@L22P)31MR>P1H# MD6>I:(QH:W-!!;(JT%6&!$\M>?9K1\:)TY,*'9OPGAKN!<# "@RNX ^#S%&ZNS)HN]+EG3S7.;\[;YZRZ->8.9DB M]Z)R'DK6UX@7R>T G'37FN;%: )2Q1$722P32I1D]"!M$;:[PJ-W(Y/HS;E' MX ?FL:OF>*!P"-4YQ]Y(NE/#<%(>1T+GJCVN9IQ5GTZ\V*QL?,K7IDRG\ZXO M#_?W]=.9V:K*M)K=MU@WH11/4DP!C)@,TY2U;:8LM+IK=9B6?*]RU "K"=$Q MQ$#^R)7&+)$:A=,E+?;3O.5"7&"7TD[-OEL,.47\MDZ 755NF-RW M XTGTF*?3IE'QNS5PG*\+C[""E55Y/R:_]@Q3> _/NS?HT4$8(ACS7XB>!I" M0B/:0L0D=*I$C@ILSNM5W=\B']>W'M>KQG#KB,M6E3F!L2>H#)KP!?(AW3'T M.E9?K\\CK$QC^A"K6L/PWST0_9[O/E4WY13+YKM<8Z67&F^VW"V88$(*H*<= M(19AE"3FB%J[QA:1GKLB>C;N.:#P\NZ^7)N-*^8(ISG)V8+=2XV!&_S1 NX= M.?HZHVMT&-$/_2/ Q0E7O..;_*K8_6+CDY&D_C2W3G(^D)OF*ME#F7=6E@?E ML;OT?LDWWXIE;MI>)#")D$!<89D*('!$]>2CE7LFR.);OKDLNRNM2ULNP_D8 MEO6H;L $2XVFKV0ZD=A5'WVQ-X08MF3R4V2.I'5'/#D)6Q=^YZIBG6PY*UG= M&>JN3^_7.FG*MY4X+@0@L1(TT5FI@@Q+!=.]*-*061UV&J@ISVE?BV40>7+C ML*L^>:-O"(':\SD'A3IFRDFB.E$\5XWJ9LQ9D>K!47>5DC_N\^4NO_J<[QXV MZX]K\[WJ.LWM@BC*&5!Q&"O,I40TTE :"(F*D=O[?(,V;34(^[R]UV(+-A4X M<\#GWBR39!6^OK+6A_2N(N>;[0$E;T]^C;6]C5W[H%JJHJ=],)(4OLVGDS . MX):YRN00IIT5S<'XZRZA]*[<[(I_5IM./EZ;&].KMTGR[8(!D#! , (Q1E3% M,)7Q7L1C@OLJ:/>6O0OH,313_S,W'6;+W4.V*;)5T/)YZ=-46Z.INMU M17H!PR1*!8JHP 1'@H$([2?M7+GMZ/<$P?.\^ODXOCMK5(\-(ZPC.\*&R%>PGQ<7]XLJ\5/=U?GL(<$^'_1Q:W-=(1UD>A%.;4PVV MBSTLORXW%92/UU_RW:[>=EO=6O"PV67%JKZP("%2X(@#D.(PY!&'&.Q#B" < M+G;E+EN=5NT)8#DI^=X":P4QZZ_W[?KK92,CRTHBFG]9*O@4'CNMZC-WEM_5 M\]J@^FL= HYLJN]E/;)JOOZU/]HQ8S]W.P?R]38/JN$<9-55I^VT]?6QJHT* MKIH>TO[@OMHZ9WZRTY]5_]V%_FG5+\RW\NJ25?/!YE_+IJ=LG_64Y1$O?SET MMN/FJWN6S8MLU0==EZM5^;VY-+39=/.O3W+#"_W[1^LR%T%^LL!Y4;V0&;PS M\_1?+E[)-74(#NIL\Z*"O-MHRXLJ^ZD^P?R\O%P5-Y4+_M+K[,RP'>V5U&;" MWCS]J9RI#"\G5Y*AED[4@QY!N;R[7Y6/^8:7Z]VFN'PP_7[+SH@T<->Z@UF&&]UW=U9C+'#;IN4UL1M&8$3^RX"!I+@MJ4X#]/ M>7/DU1P7_CNM\WAQ\%PGS7Z-MEX;\LCYN>AQE1>+#_E-MI+K7;%[K"Y# >8B MS81$G%'$E4@ )U']1"4-"<-6>X&Z?*YG':_@!#4>IXN/.G%T6FA]T^.FEB[, MO*)WVU;PMOGR+S?EMW_1UM5:I[]X+G&O6/Z*3O7A9UJQZ86\[-\[[(=]_>'- M!20(A%)_)(ECG9+2%- $)NW'0QPJVS'O]*&^$[>F0SO=.>3.S/F1[HT4MV%N MR\<00_S8Y#?&=R=6IA_LX9ITJUC8:1L!KL S7E60(,PN!S'C08@P9DT**TKW,. M0>OYVO3(C+KIQSDR.]SU,P2K]A7AD=GM5N7MS[)-S?(\%6_4(0?DGL&F#JE B)!/*8Q8F$$)!9=N&5'8O(G3[Y)%4W4#Z%;JJC1-% MMI+MBYUN"ET3TUF/G1ARE5]?3/53VX:Q#[NK(?7UR-:3;=69F=MM/[D\;21=-)&>XHFB._;7=+$C X[/'W[.=[J#Z.Y1 M/]PL\LO=^^WV(;_Z6G+S!M#[]A>_YIN[!0\YIR%)<4( $"&G$4KWU4C%N[R- M."P SRIK,)B=,687Y$UVT\S.#+I?S0?D5\&ZW)UX9FM$3YQ7Z5DXP4W,C]\Y MVV,.:M 7@8$=U+B#KV50(0_VT"\" WX.KNGTDN-T+NK_(N_ KG)\"M*)N3?B MDG='3!^^_)OX^@N3/OGL]/SD$SCUZ_+ZFYE9Q%] @)6>F7"9ZFF*B&/, &N; M5PGAG5^;[-.HYZ#W.3=+%F87IRHVVUWP(3-[9_:07=_T&(KITP%N4I*'#&HU MS*#%.>$+GB?8.['E:' 'S&-3T?!FG7J.^DT/]E(@?RSS[?;CM3F3>?R M>_5LZ$V^7:@T24%*A*968<&%GKOL"]V,<]Q_IC V57/6>HM\UE>5ZJQ%>F?,*/-ML'C7&.D]H M+IT! "JJ (I9&,=<:'#Q?G$E9MQJ[X]_%+[+=]4INO]X+\_=U30V^79SF7GP M[A9?6\R'^P)KU!?!,]P708N\F?)<3'*A5F>.3TR!_/MM'G.B$>PLQQX1;OIL M[I;?Y+?FZ:]O&M2RO,M_SW<0ZEMCG&<"@B%OV'_!%U0PVMN=ZJ/JNOL2R/5 M8WQ7'WJI-&)7!I^RZ@C65!>]6[!Z8J /Z9-Y#.E!+2K]]>#^P[3<'=[K6& < MAE10+011B"!@'"'0CE&DLSJW>]O/-B?2%#(0Q13''*E($*'S112*2,HD%-(I M/'>ZNKU^>.>U0>N6(O4GMKOX>6-T,.4+#,;@C\/C13,0MV/6')6M$^'SE;5N MYEAH6@^>;,YS57/.@V#&:4*H1(H P)(T"DF<1(KK3$$IAK%B2H- ,":E\%QU:+($!8W\8T8V7\Z/:&R5N@]J.C2&&];'!;XSJ M3IQ,/ZB[P2Y[]@7W(?WO#]E&#YC5X^?\OMSL%@P1P*$@,(TX8-AT7-;T8H6D MI*ZC^_GGZSD\ERHB..$UQ!#WRA<)QD@ M:<@C%!,D.$G;89!P&KD*R--/%S$"9J010U'9_1:EPGE(\;R#%>FQ)SB@+$X0C1@F3 *21A%&, M4^QV:V^?Z<7AJLNN:8<[>0[S#I^\=9V#6%,VZ(3D&1/G)B==B9N/C'0WX;5) M2S\^[*](4L4J__VA.H+%2"Q@"&'$"5$8I#'0P;09!R(15KL97_U@$L?%PBL_;B+A0,UP%R<= M+']#%#H3-+T8=(?^XA*ESO;;#_[/^4UA:I[KW>_97;X *%101110'J.D.J5. MZ[XM0:0$=!. 9Q\.L2 12(F$"B,$$J80UX-'AES 1 HPC@@<0 4&E:L0N!)F M*P8>N>HD"+8T#2<*3QDX*0P=R9J+.'2%_T(@>O%@+Q)F@6^C&DZ"1+ M)Y5I&'[G(E0#6?-"MX9DR5[&OF8_WE^9;>[7Q;)JNZU;?[O0['. MX2(D$D4TE9Q!+I5 C,6H'2\T31QOIGZM!43TS 0#I'#($ MYBH62,<>*QI#K M_QM'>!I(%^T7@0$7?%P[)TJ=2+05'=_\=1(<=^J&$YQ7"#DI-GT(G(O0]++A MA:WPQHF;.EC2,<@1NR.+WQC^G4B9?L!W@UWV[ P. MCWQJ;E:?;LOU?I=6PM)0QE%*I#GBDQ) R;[_ZMS%^I7/YQ\<)G$(4"@Y$1P1 MD#*,J<+4;,7!4>1]':?"$U2 G%=NW$DZ/\B]\N,VT!VH&>29SV>6OS'@.Q,T M_:#O#KT+O0P( M[=6-I?.CWRM!;J-_SPT,WUW^$K3(O$K <_/?D(#.+$TO =VAEP/T$GL)^+K) MKHKUS9?'N\MRM0B%$L#LAN,0(DSU+!>#IF?'F*G4=OP__50($A:GD8A0BA & MG$I,=,2,$P4Y1M[7.AHP08W&?MP[4G-^T/MCQ7'$VQ$RQ$!_8O(;H[P;+=,/ M\8ZXR[X=PCV^RQ_+6]T!\FJSJR(B@6;+-4KC4& HL(C;CBRUIKC&^"C?@P?[U0/^L#$7*]9'YHPF[;+=PW:1I)0IF$@N$8\E M12P!^\JW'A?6U8"3C0B(=0J-50@3@;B>/B.AYS>QH@R8KWV_7])4P1MPP1Y= M4,-S74'HRJ3M&L(()'9:17#F;[A5A-K"4,PHO+"1D] M8+/EKOB6BVR7-:TO$A4R ?0H"5,0L02F$A[J:S"R7ETXV8A@G D$0A 3CA1- M*$.Q@G&(0QH2Q$?:+W$$SMQ1D;7CR/T<3#=GF-DI.R MTY/%N.=@R "]N1_SV??G8LL!)Q0M(TC1%3"0-4)0ED,62,BB@>1V0J3$$+JLL9?@>V;!7%'U&= MA,22HV$/\^_M/ZD:W9B:BUAT1/_JJ?ZN+-A+PY>[;+5B#]MBG6^WBSA,"4^A M4&;G!(N(D%';V4-&8T=I>/K948PD "2*,4M1#)(T3"4&(F; ',5(1LH_*DQ! M"\I5&AS9LI4&?T1UD@9+CH:3AB?VGY2&;DS-11HZHG\A#7U8L)<&>9=O;O2< MZ*^;\OONUESEG:T?%X#Q6 #*(AY3/46"/#IT>@5#1XEXO0U(I.(, X(90Y)C M D(48@PQ#W5NST8ZOM]B"VIP08/.53,ZTFBK'?X9[*0AKN0-)R:O$G)25/I1 M.!=QZ6G%"Y$9@A6'/.0V7ZW:1F(E8X$8B5,512J,(!6B'1P0)\ Q#3G^:"2% MPB))F8PX,N?.36$YI9B8NU @'^ERH0I25T%QH\HZ!_'%4K<4Q(J@ 3.0(^M/ M)R!=:)J+1'0#_S+]Z,Z!PPI->7=G+OTHE__XB^W_;Z.$J!XUU")YL""@C&0@)I%"'*S J4H#$0*24L97BD7*2& M&%08+X(:97 $TWG5IA>[UFLW8Q';;06G*Z<#KN2<(.CT>LX0S,Y%EH8QYN7: MSG <. M8II$*L9Z$L%1%,7:'*0'K\X$0)2 R/<=[>U JE$%%:Q XW)6(U?2K 7((U_= M-,>:J@%%YBD)IW6E(V&SD9*N^%^J1R\FK Z8U:L^JM@NL]5_YMFFO0Z>8J H MB1/(%9-FE4'M%S%1@NR??7JS 4(22JA2,4(0* M>^C'AKN(U._4U&WIW$=/EDC$4Z!%BS,1L_::*\1#Y/QTS,L6(II0S 6G(*&( M13K#HD)%5"!SDS&AOHNSS\=%\YQ2+REQ(M!53'QQUT].K&@;7E".R+"2E"[D MS4U4.MGPIJQT9\1&6*ANZ*IJ;)7=+-(TBB40.D5G,#7'2$6CI ,?-8+SS&?Q$\L2#(]+3_V 9S MFGUO17 P(_BC->3_[;?N=Y^-P4/)?&64PVE$W1$Z\UF5VX=-_C7_L6.:\7\L*,&A5(3(-&(@8CCF K82A#DD M-KF)-W")2-(X9%"I&" >PU3G9S 5%(G""H'$P*_C!&!955/U.$><4IOH)-'___">).+_.' M#$']_7 N&MWM;A;5Z5'MK$>>W1>[;+4/?$)$/(U(P@A/.:))2BFKI(C(D*3T MG!2=_&QMA!0AE GEV@P:ZX^.2 PY(Q$/<>KQ(K4]I*#!9)-P#DC:55.]J-P^ M/7E/X-B2^*Q+/1-+C;U20$ B4.G?*6->T;!!;)]6AX8QH1RP+W30 [I[)H?[A[_]S;8 M[*\$>5AK50S^2NFG(*NF1^;W+C/]N7!77UWHN%AC9JWY' MXWC0:;#^W6U^%>AL_%Y_9[DI+O6_3*9^GV_NBMW._.O@^ON]ZYN6MNV+"LOF M74S]_:ORKEB:5[R+=?#]MEC>!IEN;95_,T_X;O<]ZKI8F8_4D[J[["K_BVUV M?SI@G?+PN>@U2.^842@;QI[7XMJ 3-F68+XL;_.KAU7^\=H<"U@5IG__O=C= M?LYO'E;94;#]G/_W@QY!54[^-S,X6+;^AT;:_*(>C]NOV>4J7S!$920A(4HF M&!%*A(*04O-:31*),'2IP8R/SG,1IC7(C.>#2<%W;5-P,&J?E1^;U4A28UAP M9)F.%\8VRU QH>?MRC;S=KICH)_$WUX*-X.[Y43E9KHN,(_2S83VEW,9C/:3 MM=]TSG:3W>1_?<@V.A=Z?+_6"9X!R@]O4/^65U>3QS*4.O=5)"*8,A[)E(=M MXR*,K#94#MRDYXC3(@U:J,$>:W $UGZ:,23;YV=R$Q'MIO*6' =_U$@=YG1# MDFT_L9N(]&ZS.[HN]8S)S)2J8ZW-U$A/?[36[O3GKO*K"SU-V^3+W:IZ![-8 MM_^Z""X?@T*'VOO,[/3^2V!FB@_;!QV)]1]?%973KJM96/51YE/+[VL]"&^+ M>Q/2,SW'^J^RNJ'V7?E-@T#@?_W2SN'*PZ&UX%M9S?.VYDA;W]Y8^;HH?M-/WWT853I=4P+)[&\G'ZT=5_'/X:S7RYD:<)PE$ @,-&Q3S():=NL>;#*=A(X2&.^ M"X[[=8%EHR*;8Q498MF_&\?N^R:\T]MU#6]FS';?7.&=X:DV6KQFF.6FBUZ< M3#_M&-:<$YLQ!N#)1N#K)P8_7O\_#YMB>U4LJXA21:)B^X^OY2M@%DD$$L#3 MB%,>@2B":6A@U" P ]1^EX:'QKUOV:@QFZK!?QVCKI-,_8U__+HK?WU5P=X5 MZZ=_\XN]DOEPT_F(,;%_W.+'6<=4Q:%7'#.M%^RCR\3>Z+Y79/V&9W:WV:[U MA"G]M57?PM1:ZF+>75;H%O7 T3\NUL7=PUV0W9DU??-IVU![\J-_IQM<5>LLDUPEV>FF5_,SZN04=7^S%^]!L34 8OU0_7) MWS?%3EN5?P\NFYW_I@19;$TY\R9?YYMLM7K46*[SS2:_,G^1;DK?%H5^! MT+UCO!&K/?:PZ2.W3^/*44:I6P%15-ND[NN-X.?GE?L"Y]', XC96Y)ZY96U34ZEG0,?'X7OO+?E02=-AS]F),&Z!FZ>2N7&L-R.[UW#Z_ M%AI/#)BW++? *R?*/>-Z=-YE/E&M;B< M;@0-LQW_)$@3Q';[(&;P-9JXD(Q%YJ'ZB I%(Y8*254+,L:1U8.1$T$;*6J\ M&BN&V8[NRV<.1<5YNJMK"?*U8P07YR*(_H7&Q?N?&KLN@L:R>?MZF',*,_!Y MMXGJ5+[O>VR@&^$=SAAX]NST$\0IC;<\O3"*#VP2B+JM)I)5@2S;Y>NK\OJ^ MNCEKH2+$9:K"-"0?2SOU:K%X5Q>0WA]_*X]P5>;TJ]2 M>8:G-Z+24.Q.'V(&LZ0)*(3\?\,-M'/'N@[YQI"$_T MW8CRDJ(.6U)Z\#Q]>/%EF.4VE=[6R/5[WY-:4-]S[SOQ2LR5%_]8ZWP7?]=SL MUGAY5,3_<5KM>'M9Y MMEGKKG*OI;QXN-O^$GPW>U:>=JCZS][L5(?98V-'<\%*D>G?J2Y@Z3=Y[._\ M-_*!$7O5]#G"F,:6DXQ<]URB;?.W^_L%B6.2*L4)3H $*204[$_S W+@ M\NDC1OM^<=R),OO [(NKKI%V1)+MKA,^G>-;]Q-P*\V9?F6+A<2AW6:]9CMX_ID](YD#"R972B7PR_"*K M*C>\L62_A?CCWI(%221$#*U4)T3- MUT)B7P\.O< [HO-&6/X-M#E!:\_1&8^/L_>KK^7C$?T[XN)R#S\/O_Q\FN)! M%J<'\N+TJ<(T9G=>V!Z4=YMTX%/V6$'Y6M)E!>QK]H.NKSZ4VRTKUU?;1 MG]'S(7=4,MW": O-2&@#+M#H @TO,/@"-C:=]I%N5%J[1:\]O>;T?T.O0V^U M"4;G6'@CP Q&WO1!8SA32@^=R_&^SVQ[*XIOQ96>5FX_9<75U_)3=8LNK^_A M78 T@5(F0$6&)D(E#..V64B9TSL0O1OS+/)[;,&]!M?>YE'?*MQ>3.QXSV9O M>D^K_23,.DZ<) _:Z^XB^/)PN2VN MBFQ3Y/43IU(/B]UC\%N^NRU-DOTMW^[R?.1#\N>(?D7]!O?1/(ZW#V?.\ZLI MA^7)*LW=W\O]\7J?D3_9,_*EWNGTMVVNX8A\9Z[B6.?-23>Z6I7?S:L(>]@+ M2=(4$PB4BE0H54)"O'\>(9$DLM9<'57D;>51<>-9>L.UQS-H'[+9+X67O>,>OWY_19>]EA;C%K M;W=?S[NW\?S_/FPDU2/X*K\V!8[C!;K[3;[,JP6]9;;2UF6;X#'7_V,6[O8/ M153=IEA7?]!VG>QX[^DIZ:@NA=OO=*V?!SQ.0,RS#O?ZO^9.N/5CL/N>K[[E MO]Z5Z]UMLU)8W?A7/NR.MZAF]_>;\ENV:K<:?;R^+I9YBT?'L[MBN]4(ZVOJ M#G7#YA>^U,\'7@=_+[;+:FFHWW+DX)WLK;G>9)UY!I/#Z6POYR GP]P&=/A9 MM2F,?LN*E<&CRDT+J9TP_[T>=H>-N[09=+_5-RV:7SKZ\E.]X-FMP(SZDBR>K.F M44AS%:W1;9OWVAS]O-Z\NS>^6DMKS0_V!T8OS3GNX4YS_ZF,8G%7$+."4 AD3REYBZLUJ2(A=AGBCFJ M(9.FF>T4WLS.*]&=,.\K;+LMKHME MI2H?'W8?K[6)#W<&7W[UT3ST;!:^-_EMOMX6W_+W5=[SU=BWD K&B8Q3FD@2 M,AA)3A,8:SP@H@P2Y;(YQR\2WZ'\]@U-)*MY12CQ$WYCYK_/=_] M;;W)LU7Q3[.QWVQL,X'GKUFQ-OL_FP??(T:PH$":FU4C;O;V<]C 8!@IJWJ" MM\8]Z[L&&3SL408W&ER]*?"=V=6<;W\)S$5D;=S_50?^7[>93J"W^?)A4^R* M$]L$1W*.G9Q/ZA7L3"N[-;?,0;7_FE2-U_\[2+.K-2"Q?ZR]VG_0(V-;UR+J, M78$(0X(TJS&.0 I!FB8@H0T(#G@J.PKS$$V/(,N7-;[@7O\DT$$VWS7*7%ZN MBIOZ9)JY=&E9WJPK\=8BL;W5 W^_^2NO-G9W%NA!7.0LSV-[QU&6CZ.*8.5!GIP*]OO1>E>;9]$2,1*:"Q<*DD8 E*H&A! MQ0P[/1[M&7]WWX+AQE?^ M[AE&_#IWE*C2PQ,.(68,?\\SWHQB^9G@,Q[[MI'HS7;-C6QF:ZFYH>U3_;K9 M\0I:>UO10C$D9(2@8$!*P",9DJB%%6*[YT!& ^,YYGPMS5VY9:4VRR=JTQSC MJ?;Q6![/&<]#=I%C5LYQ"Q6#$>-TKT9?U$:!C- MH?.(!^.96TXT<(93?@UH$7.,,*. $(X4(SQB0C:MRH@1N5CG-R9R?1U&WVV: MM%((4BO$"W36:M$H@[E0]EW^XUX#S7]I]_\,)]U6%/=7YL%H]26\&N!\%%6# MZ2B8+CS/7P^=K'&0.W>6.FQF/ 7@]URGW>;.X4MS >MRMTA!BB,BN62I2"@/ M%22L18-"YG2VR!<&SUEK?9QL&QPF*WK*K.P+Z,$?K26.Y1%O/G/>YCB9N[KO M=[205K-OM;RN+IZW<)'O?8XN'-MM>/3BM7F(LWO MKC\4ZYO#(R!UWMP>7_J1;W\KUN6FV#V^7VL%S+<[NKYZ^BGUO=KUM=J'C?9F M=P^(4PXB8P81*2>):G=S2D6 T[;V.>'V'#0:J6FFS;L32=S\/6P7+N8$V5^( M>1)"ZF7T@ZE'+SVUGG_MNOK*AHLV&E5,Z&"DA4]_D(:T,I_44C)N.!K1AR=" MV!Q[TCS"WBR9*>>O UW"JT8FZ^I&<]IAD9 HH4Q']!!+EB0TU/]I6E-(H:BM M^+@$0_=6.A1YIJKO=";2)>)X8K!/=# SB@93\*Y!]?:JAD!=XK+%,*8,*K!]_>!59&U=,J;0? M+#;B>?/.3Z6X';16WH_\_6N;-=H*^>=RM5+EYGNVN5I@KF*<2L@5 M$WH>'],TBEH$D6)6K[#X:->WWFJH;^RA>KHV93 '#6A7K1W2#98R.Y$''!5V M6/+]J*L]DZ>$U8,_9J*I/BQ[+J?>V+/>A[8LZH+I\\W2A]7&US;%"<9QB!A4 M7/]O$B4A$\UVZ#@,4Z86W_+-96F],\T/")?Q?8S7<8/5\K6]QLT"S>:Y08Y; MV#QYQW)GV_1N<=SP9FX+;)A_@?E8>"_FL;NX$[^GMLCY==@\=-FWD<\WU(W! M:=>3BV;UBI;+@C]L-OM;Q$_B"B4.8RK"&"D2IRI"-&WS\1 "[%36]8_&\VQ[JU;E]^U^-Z",> I#FYS:H]#@V37W:E.9)EBOV:-ZK?K]N=A2M;^AR5WRK+AA_;;O1'AQ2:<@! M)Z$D"(1Z\(=*M. AL ELQH)DN?TJAJEU]4HK2)XV<(/LCW^?W7+K\;RE9U4 MSM!-;J)JLJ?*2ZT)P>5C\,Y8$13K7X*](<'!DHLW=J1.I0CW8=E);P]U!Q#!A+&$]XB$(DI"(2 M-U"3A,:QTRK5% !]+V<=;#)3NTUKU?$SK?K[YE]+(VCW1X(V0-R9QN>62V)S M=[?CVME33^\-JJ;Z3['[;A M3>3W6EV+^L:D.W,QQC_KK]=7=+GH-CT'H6.8U?LSV1%6MX R&,MV,6(*@MUD_QCA17",L6)ZC[(J^8ZKW9;D MG9#CH>F?A\(.;E7IM].ZZN!UOMGD5V^=T0 0,<0C :#$>GXAN0SWZIMBZJA_ M_=KRKGLUO.K45G-HRU7N>I)I*W/C\>@J;PV%\SG$=8:LDW(V#,USD;&!K'DA M7T.R9"M;[>.%']?'1UEI*CF@B!)$$A*A!"7-31$PQ4HHWN$ZL6X-68VPWI>( MF:GB_B'78@\O>%<]ZOI+4#_HZB9A'8FU$RZ/9':2JZ-G5LVKMT>@QM6H5WDY MH4S]>)R''O6TH1RR9SD?;=>C;IN+O/[_H^DKS^Z+7;;:SUT5@AP*B:C"*@UC M"B5M2[,XD1%SO/AEJ&9]KXC=ZG^9/:+!,M_LS!@[>LQT5627Q:I+=7)(WNWT M:B+*W42L!1F\:V'^8J@_U 4;J),5!>U9/"%Y'EPQ#QWT8=C+\_=^N.NNF&9F M^W#\&G6=/G[.EWGQK3K,2D(I=*I(N4 QXIP1OM\%@6,22>>+0@9'T"')IW9%A^>$O+#?54!'HGU()6W=<,#<3F\/J*=6U+.T.DGK<$Z:J\8.:.%9 ML1V:S>ZJ^SG7\\*'3:9),ZLSWW00,,VGH5*Q$$G(!0,L212 ;641\XB$?:6V M8[/>]?4(5[74W@ S4T$S==;?V^:;;ZXSZ.%H[ZJQ/OD>4EB/^3\".K66ODZ? MDX#V],!<5;.O66>ESNGCW>[&NNF/ZT]9-J;CL;LT N3=K MN?I?]]4Y&A/PS/>SZAR>.=ZQV2> VV!9'[E9/>J/R.M]Y)O:_GRS#:[+3;#, MS=:OY2HK[K;5>_JM]_><\@][RNH M07; &BP-V+ZRV-<3725R#!<,*9=[E]2 @R/$ 3_IB)'$\S2A3D(ZD&_F*JI# MF7=68 ?EL5NUY=.FO"YVO+R[*[9;W?*1UD-*TS!E80((53Q4#$':-D]9C!TV M<0W>]CC[NFJ YL:M!J%SNCD\Z5VJ*KZ)'JB:4B6=%>,'J#;9IV?&^]1.1F)^ M_)K)_8FA,71!Y&T2K0LA _AAC@60(%5UH^NK MYHO],;=FK_/G>J%P 6$,THA'8O\PZO- M9R.XBKG0^WU;POUP.)"QP(1B1'DL4$@40)$DL#VL1Q2-'"\\'[+E$3:W[!XV MZU;B@LQLVLQ6O4^H=*>ZJ^2-P_$@VE??++_'&AR!G5H%WV3120[[^V*NNCB M9>=/J0S$7G>EW!]JSK>?LD=3?ZBNPSWZ]E%E@L<)Y G& D".(J5 Q-I=W$12 M0/HEA8-"\9PPMM=7MS>6&71]E7185W05U\F\,(C>'FYER+=!@W]_N?B3'\YG M\X4+XT[:[,6557"/'/=,?Y^?@#0W[,A$T5 01"G&,>5*-]J6EHG. MS4F'ZR,&;'VU$^1UQ[^$44Z093EDBII(S"A">\O5Z#XCCEBUVIH=H) MY8#-.B6W>X360_IWV\MW?=WY?IYW.P&=B'(W >UP=_M<;V8_H9@>7#$/Q?1A M6.=;U!VYZZF8]7EO^VO<21)#(&1"(RAY(K"43+;@$ V=7O ="9+O,L*SES6* M%O[@+VL,[JM>"CREFP95Y[TA/]_+&HX^<-=V7TZ>M>Y[,]HN)OCEW#9>?,H> MFRO2JZW7F_SXRCI!XT3&0@H2@D0@Q1DA;9-$8-"A!M&KO9%V/.OOW^K9SM84 M(@N+:Q@]$&LGV?[)["3$+2SS6$0#;+KK+$]Q=$(H!Z%V'O(WC"FEAZ[G*%6; M-L7NT6S-*E>K?%GII2GH'I HHE* ,(@XA0I*$F$ M6B0L!$YYK(_V/2>M+>0Z9=UFJ[ZBYL,%EEHW,?N.$OB$>(/W(F@1UYM:]YCK MY:ZIU-&=U5.BZ=%',]%2GQ8^EUCO;'91W@:%SE8_;?+[)@H82-EJI<'0;UFQ M,BMHJMP8T%_R9?/KBQ"%(0P1@B1E40+"6*5MP8,1&89=M=@?HE'5^:Z5!ZT' MU\6/:M9:+8)O]X"[B[5'K[G+]SP'[ M&F%U7*IKC/#JI*Y;)T9VS)![*6KHO];8@P;\T0:V;?"NQ?_++'946'/MM,5B M> _.0^U'L?3L)@Q?[':N&>LP=)]O=H^?]!#9Z9 C]7?OS:\L<(B%2E/ (68* MTB1":;LWFL4WZ=5542\K[4JS3Z,"6Z6*>8NT9VFY!_\="\V> M.1^L[-SBU&FZ07I1T2[/TCY.)?I-$EWJTOT],0]I]6'8N9KU4-P-OSECH508 M8\) '$.),2 )V9\F9CI3AP-L9^O2[%C;V1[J5?M7=UGXVF1QGO.A-U(,2K?W MS1)SW0HQR'8':U?,0RU]&-9YVX(C=SW54A7K;+VTWSR#>ZK7@H\I9L&5>>](3_?5C9''[AKNR\G MSUKWO1EM%Q/\K&0">&CNMDA8 M+"%L&N91F$8]RA$]6AVG#'% 9Q:GEA6^8&L =JL^]*'9K>K@F]I^U093?G_* M;0TP^'*26Z\EAK<9LR@M#$#W/,1R2(/>*"4,QI6KR'V\%H71X/75]KA1064H M4<)HQ*B@L<04M-C([K\'6UY@W M!MH@'+D.LF9QY6OY-?OQ]V)W>UNNKG1&8U;0;[--SO28O])HS#6 ]<7((H(X M3D/=L@AC"*A@N-U^Q4D:)SV&W^!81MI,7\,W8?'[ 75]"TNP:=9'=V6P-4;\ M>FFL,+G)WHSJ??EDN&]Z9;&3./!/LG-A;F )3C">A%\.?)3 MZUNZV9C+LZ=;47%EUD*3O3EK7FKMS\PW=-PSK\/7%A<*8Z8("5,:HUA2A!55 M^SP.,#; 2DR79L=>B7FM2.BK1GB>\Z'K@(/2[;W6-]=*WB#5.FM7S$-)?1C6 MN>KFR)VM6IK6S7_-^OBW;%7K^':W*99:RLT/Z/KJZ3>.?O-3]7K&\UU,\L=R M]6"47W]1/;WQ68<%>7V=+W>+*$6Z*R848"P)55@EI%U\%XPCY**X,X,^@FH? M;Q&M%-QL>:F^R ^65=_<[.U^^Q?=)'YF;%N&B9FA]A=J#/2+.M@<67 1'(RK M?V@ZPO/O/?F#VNC@E4VP%\'>]*"U/3#&![7UXX:N<3U[(OS-M(O-(X3.E9SR MIY")$4/Y(L94 8 @ JF,(A%& K4;/42H$%[43V5]V66;W0CQ^2P>%RE]#MUM M.T6O(!MDN^ RORG6:R.;YF6Q"LN(L?>\9T<(I8.Z%Q(@."5*91&LF8*24CD9+]E1\B2I!J(H-<6[Y'[1>->UQH@8\< M%7+]_?/QX'^0NMAZ]L^@+M:V#JHN;@S;%]R_T^72O)RJ4YQ/FW*MOUSF^S/* M5?*[?;\^_IUBO2SN5_GV:_YCQU;5E@K,="9,&-"9,%()3N,0A4IAPI,$,\#= MMO(. 2@RFSH4#"GFB,$TY5 HJ!3CT)P@\7V!Q)?B9EU<%\O,+,+M@=:OKWC,ZW;4SXLKS-KQY6^K?RKO\0YFM6;;^![WZ9IZ_V_Z6WUWF MFT5BAKE.]3C4$2*A+-7A *8PEB&+A!!.3P_W;\VSZC8 X,P,! #@S%H00;O MU+]]8+^XJ>T %-L)Z[CLNFGH.6+_J!&.K)=G&3LAC<.Q/0\5'-">TE>_=-.V M#^7ZYFN^N3.7]"WB.%2IJ74@FE ,0XEYO&^"(:?',IT^V+-B&2R_ZK^["ZXT MFHM@F6TVCV:B^2U;/;Q]^> A-F)DC>NW/3G0),!,J[*'%-P0E Z,34/[>@& MO1R@I[@I@OGH]^OM;O-@$G>5+7-Z9Z;$"P@0BE*BL(HX5%("&L.V.:2XT[VU MG1OQK!357:7%'MA%<*VA!5F%S4TGNM-HIQFC,.BF'Q5Y[X_(,Z@">IH\+VKR M%CDGE*4WG_-0F?YFE /WLZZU,#/=V^2W>L97?,OKQVD_E-OMLQD?0G$""&0I M%I B%3&.055OH1B!)(Z[%<$LVP8BBE. 8@)BI,(H#9-$J!"*E$1*"[)GK:K? M*UT>0VVNRNY:Z1J(4)Q\R3W.P/QEQE5LZQ8M"IC#>N/>>BB M-^O>+%SY8-%613_GRU6VW59KHJ9<]O%A]_&:+I82%L8TN)QU475-Q"T2OA#9!>!3K( ;BF"/ "[O-$ 3NN3W?#PB$$*I9( MZ/D*@C).&8FP3$3$(P7UB/,<-JA5> C>K4Q.V35[]^0EUVQ^>@EGD-1))-<:P818?,LWEZ7]7."5)J )7PPI!6.!XHBR)"%11'2*&L< )]Q% M 8[1."2(>U2NB7H7QFS3;L]4N2;1>S@3;LU\C923F6T/#N)%U]N;# M/8<\>IVQDK&% I3P! @E(4H0TC(6TVI_/4!&U3I6;IV;&7&+XA&V)G=X>]P, MSJ9K&N>5R.X9F@N'GI.NYPQ9Y5.=:9V'#@UAR)M94$]N>FG2AV*=O]_E=]M% MFH82B%BI2.N?P&$L6-HT&LHXZ:]+]DU-I4T&85!!'$*@'*CM(5)^6!U(J&P( M'4^M]E2Y*I8[QS-6K0[&V"A75XY3&7\*UNS)O/!./&J!?=Q8W:^YIL%46D")>)1 MB*C E.OP&K8@$R2=CKZ/#.VGB5=[[=(C*:B-&S->N?M\C'CEU=U3Q2L73\\P M7CWWB;=XU=GY?X9XU=WX0>-53Q\,$Z]>A[:(.51)&F%)@:")6>Y!N(6"D=M- MO5X .,4>]_MVOYH_&3)&=.5YB$@P L4>]/XMD9^3GK_.;&?5[NFHGT&;^YKH MI,"#\#E-'>MH X7YM46,8AAAR!()DB@%*1-"[&,##[N\_S4M8"MUZ?U*456_ M^#J;2I6S5Z9WY]39.GIM-$*75T[R\\0JT;CPFL9K)^' MIJF*/<<-5C?KVEG^#.%O,"Z\5M7Z>U%8"92ZCFIX ED M,L2I1*"=EL94\L,;]GY+;ZZPNH2RV1;DG'WBKS[GQ0_CE^OF'6>LJ!^XGM?5 ML3]#S!C8X@&J??W8MGY8W)QLTHVMZ^-.NO'=)M\5F^JN6):O\^MBMQ7%=KDJ MMP^;HU,*A(.$4IX(RB.DI* )K>]5IW$8*^*T7:TS"*!P2BD+TS1,4,28>0\@ M%%0I$$.:>K]_LX$6?-+?=2S/^>/=3MAG0;F;FC>0J]OJZR.A3U$'+>S@@'O" MHU%=&3XAVMZ=-@^E]F_F\Z? Q^'UG";?[6X6]*98WWR\_K0I[K+-H\BOLX?5 MSFQJ7FN//-)+C2Q;[A92@3!2-(E!DE(5 AJI)%(RY$IH-2!6]\$X-*>88#$3 M::Q"AE@<,L(C!1@E-$J5Q+Z/1U0HS59^[9V@P1J(7/_Q?S^8@;\''/S10K8\ M+C$DY:>%=R*VW23V#:(KG#-A^:I<5O??5;=TS(WM)^!L67\F"<^"D;:DBC" M1*"*+_:FO1))// R;EJ0DAB*)$IC3I50 M@/"8PG; 1(Q(N_L G)ID7 &4() DD",.8L(20B!D"-$4*C8Q^-K[93= M*TX*LFT;S"^S5755Q/8VSW?!5;;+_V(['7HU MDR_$8,&MQ!TT>AX4TJ/7;H MX2/1IUQW<-W[;_)%%(484X5 G.A&!>'07&Q5C>0$"A$.'Y..&A=11(C4$9C' M&!&AOTYTPXP*$B(NW7;]#!2=]##,S(NI!J*'".7"_'"QRA/E7J/617! /:T? MAH]EGOS1/:K=[P']*2/;@>^>,:Z#XWZ>:-?%N YQKS.'/2*@TIW_:RE7N?YW M"X?-@%ZS*XJ7G8<6S825L_X@>,:IX8]QO?!IVW]7.%AZCGR273S]Q^WAC8=7(W MB'-_HKC8Q;HN$;(SBWTJG-_SU;?]+/.WXR(,CXHO=QK2H,MM'4CN7L/T MR^YPIC8_S2Y N.'2N2W7TTVU#5QR:+ M^F-?Q@8-2T?!,4&*1*G4^:L4D4@D2\$^?87Z2]M]@5W:E@)3P@#")-7QF"54 M)I1+E?($$JACMN=-@J^$J8'7W7H1/V#0\L2YW_ U[-);+U=X"&J>7#+]%&ZV M(:[S\ML0OON)PEX7Z[H$P,XL]@B%"Z&0D#@-1403&4:A DRU0SV.(.P9[A:4 M1 SR1"D>2819;![J1(F0( U1 HC3"^X=0EIU=O1H@*[:#>^',6HQ%>LQ[-R& MEC5=LQT^]A:<'R*.;/08!D=##^(0T4A!*".,22Q4C ^Q#S/0".Z6VKW(" ;-X5SX[)VQ M>>)UV/SL7$+F);/JFD=U8'2VLM_%EO,!H#-#/4(!7V7%W?9SOLR+;_G5(18A MG9/AD.L0!"-. 8T9X\T(PY!@V+MP_5;#.(:Q4EA0* "*A4AC$3,E9,I@E%#@ M?W=2*V;+"F"P:1 >Q8EBO5P]7%7?"O+UE3D!US75\NZFSH%E#/\,5D"HP08M MVL./IB.^=P0:PP'#50E:;Y#I%L'Z>F2VX:RW8>=C MVS#<^:B"OWE8\_VZ^8XJ-R__^OBGYM_F(LJOM\5F]_BE^,'+]39?/NR*]F\6 M*5*A2!GE481B)+U*!?=79Q[&.:)LD3HAY'1DI8<0P5A&"7-&(Q-+W M>U^-K4:-7A;U7PO-%\??O6Y_L]I9$B6>-G3-O0,.O][P\_6]@1*29PL:'Y\M M: 0?KT_#S=?79/NQOH>;G MZ\O=YN^KBTF6YW5T$-QMS?^G#X3[3FZS0/9W-SM*A;LGG M\8/E+V^I/;K$-GAJ0/!'94(PV36'?3E_)3R.[LYY7'LXGKEOOIX^"L^VL<+$ MM>8I=[[*MMOBNLBOV*.Y1]UH\AV_W]W7]8C-Y*D^3Z_@F_; M#:@6?A_[,("?@P*J6D*7NAN+>4B$,BDIMD,1V7&H2O/KUYT,1D1>D7223C*[ M!YB25*5TL\]HGYF[FYN5CT3"UBHI "!.(D>-4IZAAE$4A3(E3O02A!-$M332 M4R$HPU![Z #&"C!$&+%RU!CQ* #LKD2 XM./\%=.&A;?CBJF18:\-FP7%69C MOK2(<"%V<98[FN5"\J(1O8BR3QX,^D!])1",8L%Y!(%Q5-U,X"'MC_S=OPYA MJ7/L>;2@8Q!A9"BDA%I%)<6Z21:YHKQUC=,KRUB.=5")&68@10PIY(ETUD*& MC<0\;9!K.G&;IW0=V7IYP0KQOKK2(3EQ'P+EUP^81P0XC5IKP2Z3Z@3B'!S( M]J><(P+:\2IY\>FP6FR+NW,#]A;?;+\KXNN@O'#Z-A"2TQ^##:7(9O"OK.O! MT,-I&._7%\'ID20*2$& X,!1:*G@&!'<>!9QT'8["VJ_OE0!>&)+AM^^ M+K:E7NR6MVI]9Y>K0QR1]NAD5TI(+,4\UK^&S;P14-;>KQ2BCG3CZ#09-*$( M4L6-5(X2# 67T@,;-B<4:>Q@[DQ^L;J-_&G2,1_CA4IQ2XJ MT96*!S9(*AU/9XONE-S('*^[BTKJ=T4E=[7C.DH^(V9.PK@5.^>QVMP8.I.6 M+[)T3E3;,K79?/NVK"-#6+F>.OJE7-^&7/ \PN@\;X7'Y@00,ZN\))Q"3HYT M8!# P+>D@[1%H7=&,V^Y92YLB+5"1@LNG#0PR#__.I-MFC$\ZS9=_*;]49Z\QZW@LQ,44,BP4$MIQPQ&% M*"9_HO%AQ$G+KE1I:U(,@#(X=H555'NFA%%.:P)MS"B SOZNYY>P??U2)U5/ M'#DMDQH(Y'9$.3ZZ:019R5<;I]@*N2N,."SR\V#"@77:Y/Q6TYCO M<27"HPFZS:UVO"6)2=;N!E#@H99> T"M5UA@6L]%-8HH2ED:"28O+QS51D*, MN3<4,2RE]2(^AL&&8C$"'_KJ&O]X2U\-NUX\N/H?UUE3\;OBM]E,,0\7SJ?> M9J1/.GU[LEG_M@_4\6&Q?;_];1\G7/\]GEPWNZ8;:K@#EFCED*B/BX]'QL&7 MJ:9)AT9MUC,,:&VEE!0CRHA0E$-JPJ:(:BFAR/W>J1:QV$49WQ7WB^:Z-SXX MOMNL5HL0B4^G1"U?+@T*=_L]X)A(I^_\ LB_U2 ' >.+LEK$HI+Q?!8T_H[O M%=A>V><-!?H\"'%0C9[9TPV+5@?:JY;9J-_D(BN=/=D'6VQ8(1)1AFEW..0KFD*M/4>>6=ATNCVWC17D5G889S$J^BN M_M/N')>.;3*W986U#Z?5@A5GR2;CL<<0M>.OSL#.CK>Z:_(R7_5$IS-/_;S; M'<)JU'(@O;<.A#0A+&F8MD<_HM8QUXNCCFL8"Y7AW!DF).7$:8.(#ZLY!KRV M+O>4^6?Y:5F)-B WM<6S(R]E@+(_)[TK:K$F)J1:B!0R2D1SID24JL5K)-0) MEL,$048R)PF4$!LIC22-*V'&DO9TS_U\ M82FNSKN-,I12)RL]F%! *J1-[F=EC4B/=W/[^IE99WKJ!&4[5LJ-8AH9G0!\ M0$?C,M SB%PAGC[XS8-O>FFP&>YK:O\22GTOMXLOY8?%\J[IN'9WN(V7WO90 M?MR8PW:_6*ZJ&H4;A"EQ3EF/0)Q%$LC-.B@XMU8BWI)QAEXS,PL=12WN@ZQU M!\)BVPA;W!W*.$?P]D+>SCW !K7#=;J:T@1I%/84_=UU^"?"N_W[JJEP[_;8 M*O7K[_?,*@&;9X)(+G2G?X"51:M-WF\RL0AML]N=:S]^J-O;[6&Q^K#=?%_N MHD=9##!"BC 9#[*8U!1@*(RG.%:$0).2ZO9=*W/ "8)\JFK"JS=4MV=!BT4M M:7'?B)I8@]87XW8Y\)CPI@63ZF74A6C%4;9WQ8=7$3!M'A>7#8I2FV3ZU\4?RV^';^Z/^[IT=[?;W"[C_>\_EONO[_=?RVVLZSWL MXO*[JO8M2'-;EO'D8'>#,9 ,.BVQ@LQ93X E#;ST7GX^]T@BU,54C>'&6 MO(BB%Y7LQ87P15W[^V&&9FJ?PL_'7-V2>K?;+[]51OHVD*^%3<&J^DMQ.U#O MTNX7/^(EPGU\N;"\[=N H1?D+^P5QC'C]+N'D?3^F<8[M!CW]!GOA.]37@3HRE:A/ZCSV"0,H,=FZ,\M MM=ED[']8U8/&H'UZURM)N*\^,,]I,PJIZ"TDF(FE;.4 M2,2T]Q2X[.4XC3S_)RTFIV/4CDRRPI/&(HTHD[''8RRNT$9GV.;!%]W%WPST M^:0QQ(=M^6UY^+;[QW:YWY?K_XK-Z4]+ZK"(TV5E$H;&WXGD1(&69I[3'$C6_%[+5PB@_3#L!V;C 9?&K.< MD#O*]:ZH))N,:*[!=(5T!D%W'@0TC"J;#%]?&C'9Y;:\W3]:^ 8&ZG.">EJU M=M 8"U4&G\TQ&J M=L23'Z4TQJGE*1X3S[@T\RPH5_BE'XCS():>.FR&_*P2NU3L=H=OY=T3!^$2 M .J8%IYZJ*#F"#8.0J'$*5SRPA)<&<.!EM@Z0J$*VCG+%0 ,0,*1SKTC.DJ5 MQB9=T6I')R, E<8G1X$F)I3G8;G"*#UQG >E]%7B<>^,(3!I_0*JO'NZE"58 M6J^D,@P1XZ@PQAV=1 DKZ,VZ_!)O<=J1RK-+2$"IL6$+&/2@6!IE0%@% H4T M!]"U>\(" \%I-@X%5O*, P(]<1REI:1G"1I[1Y!A.+^T6E+K\.65I!U.F(9&JV^ M!RM!GDG/4L+Z[4]04L";!X7T4>#Z:4DZ%@G7H?&!4VG+^I\_K_^VCHW+S_05 MUV9$:0F49< ![P#GVC:9NXJC;M*J,]JM:3UBQF/L/"+40AZTCDTY 4:<20E< M]DJ-1KSXR+'^U9_CC(W#4=83";TKUE?\*B?JK:^D1X8[C:?^]/,)WA/D >=& MR%,F- %_M8+N^@7V@-#/@^4&UNGIY?;@B*6F4JY:+ZSS8;NY+[?['[$GZF)W M6*SV/VZ8IYHQ: A35"DNJ33^Y)1 ^R[)U=4%0UXBF/3<2(RI8%IK[SC WCE MI,!I/0M[IENU);IE6_U03L14*AH684>4$]H)KD?CQ^EN<8EIF< N<)#?>";!^WTTF SW,>41BK_M5BNGTPK MN_$Z_A^2PGN"I!%$:W(ZG06@U4.ZZRL@Z+%0VG"G.,5222L5AI1Z%YQ1NJ2B MV@[$$OWC-/'O//NT^!*$/4[]NM87)XO#/ O4%9?I!^P\G*:G#ILA/[4TQZF> MX1Q=$W!O%48A[U7<.BD1QL>>;%(3Z46*NUS^7(> LI)@(X2B4"A!+?#>$<8= M1@+D'EY:OS[:^AMM#890&J(TI)@KX"%MOFK+C4XY3#C]4*P@!9(Q%'@J\).7(0H;)I!& MQ!()DX:N=3@P^!C_2N/PB:EU>V#:N7L63-)\_:^O 9&U6OZ*DR=C,P\/3Q?[ MA:KX1+W;^K8NU^7GY7[W2Y7]A0V].VXRSY,8K0- &H0:68B67D'"'$:.;P7PM6'6TUN^W$TO@! &U'%N-B MF<8BC6SOB@M &_DF*Y5_%;$K]#,3Z+I.OA@_;;7GL1M8<43;G MDT&.7Y:+3\O5U0)RGT)I"#N/5E\!3H)MZ3;%;+VQ]?-ZO@LT7S^=?7 M(W5?DY]/D#^X07EWNCZI_N.3*J-?&K>$^/K-\=!VF@=/YE#LZ1UR'NQ:/SPJ M/Y=1@/H[5K?_.BQWR]@=*,[<.P[@J[H%'9G\AAB":&!J@SSA<>8>]*?M#E$& M);U)2EV<0JNA(]81S:BT7/,0,C!G3#$.%HOI=L^OND)UV M!S;A,#XWIEU.YB]EFH;M7H+FM4/[/FC.@[WZJ_'<<7Y_7-KOFH,7E[O]<94X M?/F&<6P\5D31*YN0KOC-P\VZ:7! MDVUE7S1ZWR'<0(!QV+ *)+&@AH3DR38U-<88)5(N#%]>11,+C'3*\N"%F@II MD==6ZM@TR .5MB/L>H.X>GIS,-#%P>LH]KPP&!3 2\*9G([T.56H#6D\^"= M ?1H>PN0B$Q:G\RXF@_:U0W\#R%[>E_O+#;KG2X_;[9E_=]]7/Q1[GY=KC/';V_%3I4^P7?TS1SW,4I*\? ME,_.WO/@H%DB\VPOTYG)V($G@V1'/C[R](T7Q$+.,#+4H)@2$M;G\AW G&/>!7_RR"@.A'&F^>ZA\+C?[(O3,ABPV/!76$TYC5:,[#2_JK\\D=/ MN7.:8R*SN\U1D%DZSE&V!-=)A76>SI.LQ2ONTPV5M@[TCW+YY6OX\O3_L=_O%.@Y+JYT8ZC@D+19>$Z*$%IBA)HESPB*7;MK(D M0F,A@76"46RX!- 3:(&'R B4%J$ZW/XVPA:+XYCRD$9_VZQK1]L5F[.XQ4_% MIU,PJ__UR(Z8!.P5]\QCH'DX;2;=-F-\XH,X^)%5GHAR0[B2&NK@T!9:KI $ M2)U4".25#&I3JK$-68-3'GCDE',2)?4!Z111DQS][B+\SLG5 M7X(WW=E[&VK6[MY?NW8./Q"*;5W>+Y;;OR]6AS+./EU5@U%WYXF#0'*CP@_G M'E$M.22&U!,TPY)&(I,2PZ^OQ+PP0$GJ!?942:.QYHIY9D.^(D/FGSEF1^&* M2KKBUW(19:NN2-+J*WIBV:[&8CP8T^HL+A"\D&S"J:17@;K";L, / \N&TB7 M38Y/,/4%T:?]>;GS:MHPI<,&7F@F-6)"&7YL"4L$IS3QQ.NE5>(^QC'%J8:& M D.UU\))AZT0GC&75"/9L?7NE<+(80%K1T-C()5&0%&B"^J9D'E>P.8*Y_1% MECO]X\-VX MW?]6?HE)PE_*^+3G<#%WEE#-@8!:VR"-UA0SB*'@)&S7@GQ(I@V$'4NJS!G6 MAX(8"I \"39BE+5-+NM],"F2FY_US,MD"US"ES8Y284#Z: MBNFN]WH?82AF+<&U/+(/@O/@JGXJ7)V(V0F/C@,QCVLI[1#VVCN(C(J3Q3'P MS5H2A-U6]WF8+5?(S"%#C,-LBU4[%LD/4QJ-/!F&.06// O*%2+I!^(\F*2G M#M<'879"I-,.2(_:L*7>- R/-3MHO:D*"<>FR0UXYOL0"45T2N\ ME\TX\R#%?.H]'G.4%\=!Z?2_MO'AAY&$:4BD1\9[!KVE#IWR&VF')])VR\[P M8&1(4 >DS.'QS$:6KZ ^'4E6&/:EQS1#O"%B3%2L"R5VP:[#M9_[_#E\@._7 M]>)!BD:@1H[C472]$[QQB& 4:[*X$=@@9@TU01XN57SB+&W':[Z!I9CC^4]& MS)-O[R:$.QN3OF:4W!=X:9BVN[#+9*=Y$.T(>KY\(9<5V7PT7!T_W+BPMG#, M FJ-XHH9A_@Y* "2=BR62XI_QZ.SCE@-ZNUIZ+]57T_4LK>G=T$UPPP-ZI0F MG,8A#X)8R26'NA$ &B<3FV -M6Q20I7>&B-IAL:_Q;B&MH#/PWUS*-9]7$,: M=FV=]+?]YO:?=::YJYM'_66S+Y\KQ52&.8.)TX) '%N6"UR/>58 0\X3WTZW M7U<*S3$&3'* *05$&:JEAYHP8(UT2?UK.A5D5^]SCJ+^KZ(6-FT3-"#([38] MTZ";MLFYE+&!M8ABSJ.RNS6$5YAQ>#/,@Q@SZ+7)_0$GTN+MU_+NL"K??SX1 ML-]L_[:^7RSO3BG5\1=W_^]0M]EKFJM;2)4#&@,+) 8::0WK>;T*Z9!F)4T$ MZR6(<](1;;&2UE.CM7)Q0)HW57MFZ7/7@?^UC-]3D/DTW^93^66Y7C>#&LKZ MP6QL=ER$'U-NOZ>V.QHEI/@52/#6O3FJ.GBU.DL?M-5 M.?#SXE/X&=.Q= _PKQ'W&#:="9>/HNIC>A\/WW3&-XM#V):]_QQR\VVYB,WN MZW_^O$X7]ARGC-'46JJYY3%80:>D.K&-U4ES,'++RG#88J#8APDABA%7W(2] MAY. >P00:U<>UN?]T#+0T(]RL2WNRN_E:G-?<4X@JOW7LG>DF,B\J<%D_I;M M'F]JW>*O&NV*/S7Z_;E8KO\M E(6 [:*6=-^.G,+:Q.C\6+DFX.57@N.W_9? M;OZZ6:V"%_Z^V-Z]_QRH^=MB^\.6GQ>'U3YV&%\'*_^HG.XL!#6>>Q-V9C9P M(#,>$0\;,C0:Z'9'11T7)Y)@Y(W'!A'**1+$,4V(TPY:!6C2*Z).YT47,D>* MNZ^E#J$L_/5_'2)9+1O1V\6P7%:X'I)F ']:A'F$^U'[ MS>TA.G.U39ZS/1X(VMHN0:##*N9RYV.]8RJWN-TOO\IN,#X3=S/;8]HPFENYS2C?=/L@ MI[[$P1LME]>"8*B!4,IJKFC8@$IR=&B#I&S9LSQY68*54-+PL+:B5%)ED2,0 M*( , US#[(&MDK;QW6'"VK"XOQ[0)@,\+92=D,X3Q(9%O7WXF@S]P0/7I2?$ MB)4K4J4@]D*,R@+Z]-$ICUJ;S!]KVIGDKYOO57/"AUM"?]B'3[&N$6VJ>F(0 M]740O;$,(F$1U;%W!L80@V/;+P6#E#IQ^E(W&917UA*#.#2<"@ 58AXZ0YC' M"%B>/U;%VIKBK_518?'?4;3B*%M+GLQL@W;'@=.#GQ:W&GF?GN'5,A>UT.>: MYI:6R7)4UPG<*P=P>8TUCV.US#INQOS\T[CX4H)7KZB =RCVR\9 "H.LQ\XV M[A\V_P+?W)?;Y>;NM_UBNV]'PTG+$X:9X3SLA0RECL?",6"PXX@[S"5+:I?] M6-*$V_^:?!?[BVO_>!Y6_< T$AX6_';<.QGB:93[D&;;W)&,R[(I,%XAURS6 MF >GYE%M,\+7W/G=1ZP,BKW00P[]^AW'[D8!+93CTD' $6':(&(:CR:.D70Z M[2X+14J$'3"F5&EJ(1:&6=N?67LBJ9.ND0?GU28K*G(6E MMGL506DO-N,)*,TJ-TT(H@:Q12#M@+!^%"F+?D6VF5&M DZ3G7-/8H4_R ME5"G4O6+F2X1:XUMRXQL>%O-@Z$SZW@E1\N%:)O+L/I=VNFA8-.AQ@/CO*.6 M:XP4-F$OI9M]5<@2)6Y3P7CEQP,%N.&:&NPAM29LWH"W1"MOA'&"ILVI'JN7 M5A^X7K^M&@&I1+Y[!%*;CE>#X=7^GFD$W#K=*#URO#870,^K\L)53T^]I[_4 MZ:O 9K!O('<>^_#AYTD\)A1!$F&(+5 :QLSZ6$8,F8"8IU2)#R:4%(0Q#R@) ML%%KO08."X\ZI#N'V1['>[)>W M9=PAWY;+[]5_FM@;<3R#YDJ,1[#E:+ERHTOSWTS59W$H*PR:5?1T 1A'_<,. W:^-LZV.SW[3(RKHF2 MKO?_MUR\?O@;XB+6T$/$$-%$<>!,DX".)I(XIJ@CFP!.%B3*G_-Q*E=)YJK\T@ C/G 0, M(D"M1%)3*CR689>*F/=)EXL=&E)]C'^EZL=P<<@S[L:IA47&V3$-:XRIMDIO M:W\$,VZ,VMMS'N%C1'T'W@JE(MW^2N)#D.6TT:+0.A'"!Q"04(*T,>#X+@%R MR%VKH[(7?K2&U"#B.:!>4R*5DD8IYQ@3SFFN23KR'2(&I[!9$- MG4[7#Q4==K]Y2(,H]=8A&U3CWCA@F_)-;AAX8Y,MTZS]^ M(!K7+@@G,902,ZBE58XU'SOC&J0=[0PBDH; <(OB,42($80*)P1T" $'M&