XML 30 R78.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 9 - Losses and LAE Mortgage Insurance Loss Reserves Rollforward (Details) (USD $)
12 Months Ended 1 Months Ended 6 Months Ended 12 Months Ended 18 Months Ended 20 Months Ended 24 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
Smart Home [Member]
Dec. 31, 2013
Mortgage Insurance Segment
Dec. 31, 2012
Mortgage Insurance Segment
Dec. 31, 2011
Mortgage Insurance Segment
Aug. 31, 2013
Primary Mortgage Product [Member]
First Lien Position [Member]
2013 Freddie Mac Agreement [Member]
Mortgage Insurance Segment
Dec. 31, 2013
Primary Mortgage Product [Member]
First Lien Position [Member]
2013 Freddie Mac Agreement [Member]
Mortgage Insurance Segment
Dec. 31, 2013
Primary Mortgage Product [Member]
First Lien Position [Member]
2013 Freddie Mac Agreement [Member]
Mortgage Insurance Segment
Dec. 31, 2011
Primary Mortgage Product [Member]
First Lien Position [Member]
2013 Freddie Mac Agreement [Member]
Mortgage Insurance Segment
loan
Jul. 12, 2013
Primary Mortgage Product [Member]
First Lien Position [Member]
2013 Freddie Mac Agreement [Member]
Mortgage Insurance Segment
Aug. 30, 2013
Primary Mortgage Product [Member]
First Lien Position [Member]
2013 Freddie Mac Agreement [Member]
Mortgage Insurance Segment
Dec. 31, 2013
Primary Mortgage Product [Member]
First Lien Position [Member]
2013 Freddie Mac Agreement [Member]
Mortgage Insurance Segment
Jul. 31, 2013
Primary Mortgage Product [Member]
First Lien Position [Member]
2013 Freddie Mac Agreement [Member]
Mortgage Insurance Segment
loan
Aug. 29, 2015
Scenario, Forecast [Member]
Minimum [Member]
Primary Mortgage Product [Member]
First Lien Position [Member]
2013 Freddie Mac Agreement [Member]
Mortgage Insurance Segment
Dec. 31, 2013
Default To Claim Rate Assumptions Twelve Or More Missed Payments [Member]
Mortgage Insurance Segment
payment
Dec. 31, 2013
Default To Claim Rate Assumptions Three Missed Payments [Member]
Mortgage Insurance Segment
payment
Dec. 31, 2013
Default To Claim Rate Assumptions Two Missed Payments [Member]
Mortgage Insurance Segment
payment
Loss reserve [Roll Forward]                                      
Balance at January 1         $ 3,083,608,000 $ 3,247,900,000 $ 3,524,971,000                        
Less reinsurance recoverables 89,204,000       83,238,000 [1] 151,569,000 [1] 223,254,000 [1]                        
Balance at beginning of period, net of reinsurance recoverables         3,000,370,000 3,096,331,000 3,301,717,000                        
Add losses and LAE incurred in respect of default notices reported and unreported in [Abstract]                                      
Current year         584,174,000 [2] 899,511,000 [2] 1,127,079,000 [2]                        
Prior years         (19,526,000) 21,996,000 166,778,000                        
Total incurred losses and LAE         564,648,000 921,507,000 1,293,857,000                        
Deduct paid claims and LAE related to [Abstract]                                      
Paid Losses and LAE Current year         31,399,000 [2] 12,503,000 [2] 39,642,000 [2]                        
Paid losses and LAE Prior years         1,407,629,000 1,004,965,000 1,459,601,000                        
Total paid losses and LAE         1,439,028,000 1,017,468,000 1,499,243,000         370,000,000              
Balance at end of period, net of reinsurance recoverables         2,125,990,000 3,000,370,000 3,096,331,000                        
Add reinsurance recoverables 46,846,000 89,204,000     38,363,000 [1] 83,238,000 [1] 151,569,000 [1]                        
Balance at December 31         2,164,353,000 3,083,608,000 3,247,900,000                        
Increase (Decrease) in Reinsurance Recoverable (42,358,000) (66,385,000) (86,047,000) (46,800,000)                              
Default To Claim Rate Detail [Abstract]                                      
Weighted Average Default To Claim Rate Assumption Net Of Denials Rescissions and Reinstatements         47.00%                            
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         48.00%                            
Number Of Payments Missed For Insured Loans                                 12 3 2
Impact To Our Loss Reserves Due To Estimated Rescissions And Denials [Abstract]                                      
Decrease To Our Loss Reserves Due To Estimated Rescissions And Denials         247,000,000 455,000,000                          
Increase To Our Loss Reserves Due To Estimated Future Reinstatements Of Previously Rescinded Policies And Denied Claims         283,000,000 303,000,000                          
IBNR Reserve Estimate [Abstract]                                      
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred but Not Reported (IBNR) Claims, Amount         281,900,000 323,000,000                          
Impact To Loss Reserves Based On One Percentage Change in Default To Claim Rate         36,000,000                            
Mortgage Loans on Real Estate, Number of Loans                     25,760                
Mortgage Loans on Real Estate, Number of Delinquent Loans                             9,756        
Mortgage Loans on Real Estate, Number of Re-Performing Loans                             4,586        
Concentration Risk, Credit Risk, Financial Instrument, Maximum Exposure               840,000,000   840,000,000                  
Remaining Exposure on Loans Included in Master Transaction Agreement                   0                  
Total Consideration for Defaulted Loans               625,000,000                      
Net Consideration for Defaulted Loans               255,000,000                      
Provision for Loan Losses Expensed                   22,000,000                  
Restricted Investments Held as Collateral for Master Transaction Agreement, Gross               215,000,000                      
Restricted Investments Held as Collateral for Master Transaction Agreement, Net               205,000,000                      
Termination Trigger Based on Amount of Restricted Investments                               0      
Final Loss Mitigation Activity                 6,000,000       10,000,000            
Not Final Loss Mitigation Activity                           $ 142,900,000          
[1] Related to ceded losses on captive reinsurance transactions, Smart Home and Reinsurance Transactions. See Note 8 for additional information.
[2] Related to underlying defaulted loans with a most recent default notice dated in the year indicated. For example, if a loan had defaulted in a prior year, but then subsequently cured and later re-defaulted in the current year, that default would be considered a current year default.