Note 16 - Statutory Information Level 3 (Tables)

12 Months Ended

Dec. 31, 2012

Statutory Accounting Practices [Line Items]

Risk To Capital Calculation [Table Text Block]

Radian Guaranty’s risk-to-capital calculation appears in the table below. For purposes of the risk-to-capital requirements imposed by certain states, statutory capital is defined as the sum of statutory policyholders’ surplus (i.e., statutory capital and surplus) plus statutory contingency reserves.

	December 31,
	2012		2011
($ in millions)
RIF, net (1)	$	19,226.7	$	18,095.7
Statutory surplus	$	926.0	$	843.2
Statutory contingency reserve	—		—
Statutory position	$	926.0	$	843.2
Risk-to-capital	20.8:1		21.5:1

_______________________

(1) RIF, net excludes risk ceded through reinsurance contracts (to both external parties as well as subsidiaries and affiliates) and RIF on defaulted loans.

Radian Guaranty [Member]

Statutory Accounting Practices [Line Items]

Statutory Accounting Practices Disclosure [Table Text Block]

Radian Guaranty’s statutory net loss, statutory surplus and contingency reserve as of and for the years ended December 31, 2012, 2011 and 2010 were as follows:

	December 31,
(In millions)	2012			2011			2010
Statutory net loss	$	(175.9	)	$	(545.1	)	$	(535.2	)
Statutory surplus	926.0			843.2			1,295.7
Contingency reserve	—			—			19.6

Radian Insurance [Member]

Statutory Accounting Practices [Line Items]

Statutory Accounting Practices Disclosure [Table Text Block]

Radian Insurance’s statutory net income, statutory policyholders’ surplus and contingency reserve as of and for the years ended December 31, 2012, 2011 and 2010 were as follows:

	December 31,
(In millions)	2012		2011		2010
Statutory net income	$	58.0	$	4.3	$	43.9
Statutory policyholders’ surplus	218.6		156.8		151.7
Contingency reserve	20.6		—		1.5

Radian Mortgage Assurance [Member]

Statutory Accounting Practices [Line Items]

Statutory Accounting Practices Disclosure [Table Text Block]

RMAI’s statutory net income (loss) and statutory policyholders’ surplus as of and for the years ended December 31, 2012, 2011 and 2010 were as follows:

	December 31,
(In millions)	2012		2011			2010
Statutory net income (loss)	$	2.0	$	(0.6	)	$	7.4
Statutory policyholders’ surplus	18.5		16.5			17.1

Radian Mortgage Insurance [Member]

Statutory Accounting Practices [Line Items]

Statutory Accounting Practices Disclosure [Table Text Block]

Radian Mortgage Insurance’s statutory net income (loss) and statutory policyholders’ surplus as of and for the years ended December 31, 2012, 2011 and 2010 were as follows:

	December 31,
(In millions)	2012		2011			2010
Statutory net income (loss)	$	1.7	$	(11.1	)	$	(60.6	)
Statutory policyholders’ surplus	81.8		20.0			10.1

CMAC Of Texas [Member]

Statutory Accounting Practices [Line Items]

Statutory Accounting Practices Disclosure [Table Text Block]

CMAC of Texas’s statutory net income (loss) and statutory policyholders’ surplus as of and for the years ended December 31, 2012, 2011 and 2010 were as follows:

	December 31,
(In millions)	2012		2011			2010
Statutory net income (loss)	$	16.0	$	(46.6	)	$	(194.7	)
Statutory policyholders’ surplus	42.3		26.2			40.8

Radian Asset Assurance [Member]

Statutory Accounting Practices [Line Items]

Statutory Accounting Practices Disclosure [Table Text Block]

Radian Asset Assurance’s statutory net income, statutory surplus and contingency reserve as of and for the years ended December 31, 2012, 2011 and 2010 were as follows:

	December 31,
(In millions)	2012		2011		2010
Statutory net income	$	103.3	$	69.1	$	58.0
Statutory surplus	1,144.1		973.9		1,048.6
Contingency reserve	300.1		421.4		392.6