Note 14 - Statutory Information Level 3 (Tables)

12 Months Ended

Dec. 31, 2013

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,
	2013		2012
($ in millions)
RIF, net (1)	$	26,128.2	$	19,226.7
Statutory surplus	$	1,317.8	$	926.0
Statutory contingency reserve	23.0		—
Statutory position	$	1,340.8	$	926.0
Risk-to-capital	19.5:1		20.8:1

_______________________

(1) Excludes risk ceded through reinsurance contracts (to third parties 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, 2013, 2012 and 2011 were as follows:

	December 31,
(In millions)	2013			2012			2011
Statutory net loss	$	(23.8	)	$	(175.9	)	$	(545.1	)
Statutory surplus	1,317.8			926.0			843.2
Contingency reserve	23.0			—			—

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, 2013, 2012 and 2011 were as follows:

	December 31,
(In millions)	2013		2012		2011
Statutory net income	$	26.5	$	58.0	$	9.9
Statutory policyholders’ surplus	230.8		218.6		162.4
Contingency reserve	35.5		20.6		—

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, 2013, 2012 and 2011 were as follows:

	December 31,
(In millions)	2013			2012		2011
Statutory net (loss) income	$	(0.5	)	$	2.0	$	(0.6	)
Statutory policyholders’ surplus	18.0			18.5		16.5

Radian Mortgage Insurance [Member]

Statutory Accounting Practices [Line Items]

Statutory Accounting Practices Disclosure [Table Text Block]

Radian Mortgage Insurance’s statutory net income (loss), statutory policyholders’ surplus and contingency reserve as of and for the years ended December 31, 2013, 2012 and 2011 were as follows:

	December 31,
(In millions)	2013		2012		2011
Statutory net income (loss)	$	18.1	$	1.7	$	(11.1	)
Statutory policyholders’ surplus	98.0		81.8		20.0
Contingency reserve	6.9		—		—

Radian Guaranty Reinsurance Inc [Member]

Statutory Accounting Practices [Line Items]

Statutory Accounting Practices Disclosure [Table Text Block]

RGRI’s statutory net income (loss), statutory policyholders’ surplus and contingency reserve as of and for the years ended December 31, 2013, 2012 and 2011 were as follows:

	December 31,
(In millions)	2013		2012		2011
Statutory net income (loss)	$	55.5	$	16.0	$	(37.6	)
Statutory policyholders’ surplus	59.3		42.3		26.2
Contingency reserve	38.5		—		—

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, 2013, 2012 and 2011 were as follows:

	December 31,
(In millions)	2013			2012		2011
Statutory net (loss) income	$	(24.9	)	$	103.3	$	69.1
Statutory surplus	1,198.0			1,144.1		973.9
Contingency reserve	264.0			300.1		421.4