XML 35 R61.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 8 - Losses and LAE Mortgage Insurance Loss Reserves Rollforward (Details) (USD $)
3 Months Ended 9 Months Ended 12 Months Ended 3 Months Ended 9 Months Ended
Sep. 30, 2012
Dec. 31, 2011
Sep. 30, 2012
Mortgage Insurance Segment
Sep. 30, 2011
Mortgage Insurance Segment
Sep. 30, 2012
Mortgage Insurance Segment
Sep. 30, 2011
Mortgage Insurance Segment
Dec. 31, 2011
Mortgage Insurance Segment
Sep. 30, 2012
Default To Claim Rate Assumptions Twelve Or More Missed Payments [Member]
payment
Sep. 30, 2012
Default To Claim Rate Assumptions Two Missed Payments [Member]
payment
Sep. 30, 2012
Default To Claim Rate Assumptions Three Missed Payments [Member]
payment
Jun. 30, 2012
Smart Home [Member]
transaction
Sep. 30, 2012
Smart Home [Member]
Loss reserve [Roll Forward]                        
Balance at beginning of period     $ 3,155,343,000 $ 3,268,582,000 $ 3,247,900,000 $ 3,524,971,000 $ 3,524,971,000          
Less reinsurance recoverables 94,584,000 157,985,000 97,845,000 [1] 160,664,000 [1] 151,569,000 [1] 223,254,000 [1] 223,254,000 [1]          
Balance at beginning of period, net of reinsurance recoverables     3,057,498,000 3,107,918,000 3,096,331,000 3,301,717,000 3,301,717,000          
Add losses and LAE incurred in respect of default notices reported and unreported in [Abstract]                        
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims Current Year     248,806,000 [2] 338,360,000 [2] 686,080,000 [2] 775,479,000 [2]            
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims, Prior Years     (77,001,000) (61,761,000) (71,468,000) 185,085,000            
Total incurred     171,805,000 276,599,000 614,612,000 960,564,000            
Deduct paid claims and LAE related to [Abstract]                        
Current year     2,912,000 [2] 59,693,000 [2] 3,185,000 [2] 61,894,000 [2]            
Prior years     269,486,000 270,203,000 750,853,000 1,145,766,000            
Paid losses and LAE     272,398,000 329,896,000 754,038,000 1,207,660,000            
Balance at end of period, net of reinsurance recoverables     2,956,905,000 3,054,621,000 2,956,905,000 3,054,621,000 3,096,331,000          
Add reinsurance recoverables 94,584,000 157,985,000 89,801,000 [1] 160,233,000 [1] 89,801,000 [1] 160,233,000 [1] 151,569,000 [1]          
Balance at end of period     3,046,706,000 3,214,854,000 3,046,706,000 3,214,854,000 3,247,900,000          
Increase (Decrease) in Reinsurance Recoverable                       43,600,000
Number of Transactions Terminated                     1  
Default To Claim Rate Detail [Abstract]                        
Weighted Average Default To Claim Rate Assumption Net Of Denials And Rescissions         46.00%   43.00%          
Weighted Average Default To Claim Rate Assumption Excluding Pending Claims Net Of Denials And Rescissions         39.00%              
Default To Claim Rate Estimate Net Of Rescission And Denial Estimates For Insured Loans That Missed Two To Three Monthly Payments         20.00%              
Default To Claim Estimate Net Of Rescission And Denial Estimates For Loans That Missed Twelve Or More Monthly Payments         45.00%              
Number Of Payments Missed For Insured Loans               12 2 3    
Impact To Our Loss Reserves Due To Estimated Rescissions And Denials [Abstract]                        
Decrease To Our Loss Reserves Due To Estimated Rescissions And Denials     477,000,000   477,000,000   631,000,000          
Increase To Our Loss Reserves Due To Estimated Future Reinstatements Of Previously Rescinded Policies And Denied Claims     239,000,000   239,000,000   129,000,000          
IBNR Reserve Estimate [Abstract]                        
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred but Not Reported (IBNR) Claims, Amount     261,600,000   261,600,000   170,600,000          
Claim Severity Detail [Abstract]                        
First Lien Primary Claim Severity         27.00%              
Percentage Point Change In Severity For Assumption Shift Analysis     1.00%   1.00%              
Impact To Loss Reserves Based On One Percentage Change In Primary Claim Severity     88,000,000   88,000,000              
First Lien Pool Claim Severity         45.00%              
Impact To Loss Reserves Based On One Percentage Change In Pool Claim Severity     4,000,000   4,000,000              
Impact To Loss Reserves Based On One Percentage Increase In Default To Claim Rate     $ 56,000,000   $ 56,000,000              
[1] Related to ceded losses on captive reinsurance transactions, Smart Home and quota share reinsurance transactions.
[2] Related to underlying defaulted loans with a most recent date of default notice in the year indicated. For example, if a loan had defaulted in a prior year, but then subsequently cured and later re-defaulted in the current year, that default would be considered a current year default.