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Note 14 - Statutory Information (Tables)
9 Months Ended
Sep. 30, 2014
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.
 
September 30,
2014
 
December 31,
2013
($ in millions)
 
 
 
RIF, net (1)
$
29,713.4

 
$
26,128.2

 
 
 
 
Statutory policyholders’ surplus
$
1,326.1

 
$
1,317.8

Contingency reserve
291.4

 
23.0

Statutory capital
$
1,617.5

 
$
1,340.8

 
 
 
 
Risk-to-capital
18.4:1

 
19.5:1
_______________________
(1)
Excludes risk ceded through reinsurance contracts (to third parties and affiliates) and RIF on defaulted loans.
Radian Guaranty Inc [Member]
 
Statutory Accounting Practices [Line Items]  
Statutory Accounting Practices Disclosure [Table Text Block]
Radian Guaranty’s statutory net income (loss), statutory policyholders’ surplus and contingency reserve as of or for the periods indicated were as follows:
(In millions)
As of and for the Nine Months Ended September 30, 2014
 
As of and for the Year Ended December 31, 2013
Statutory net income (loss)
$
393.6

 
$
(23.8
)
Statutory policyholders’ surplus
1,326.1

 
1,317.8

Contingency reserve
291.4

 
23.0

Radian Asset Assurance [Member]
 
Statutory Accounting Practices [Line Items]  
Statutory Accounting Practices Disclosure [Table Text Block]
Radian Asset Assurance’s statutory net income (loss), statutory policyholders’ surplus and contingency reserve as of or for the periods indicated were as follows:
(In millions)
As of and for the Nine Months Ended September 30, 2014
 
As of and for the Year Ended December 31, 2013
Statutory net loss
$
(7.4
)
 
$
(24.9
)
Statutory policyholders’ surplus
1,033.1

 
1,198.0

Contingency reserve
287.7

 
264.0