Note 14 - Statutory Information Level 3 (Tables)

12 Months Ended

Dec. 31, 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.

	December 31,
	2014		2013
($ in millions)
RIF, net (1)	$	30,615.7	$	26,128.2
Statutory policyholders’ surplus	$	1,325.2	$	1,317.8
Contingency reserve	389.4		23.0
Statutory capital	$	1,714.6	$	1,340.8
Risk-to-capital	17.9:1		19.5:1

_______________________

(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 income (loss), statutory policyholders’ surplus and contingency reserve as of or for the years ended December 31, 2014, 2013 and 2012 were as follows:

	December 31,
(In millions)	2014		2013			2012
Statutory net income (loss)	$	273.7	$	(23.8	)	$	(175.9	)
Statutory policyholders’ surplus	1,325.2		1,317.8			926.0
Contingency reserve	389.4		23.0			—

Radian Guaranty Reinsurance Inc [Member]

Statutory Accounting Practices [Line Items]

Statutory Accounting Practices Disclosure [Table Text Block]

RGRI’s statutory net income, statutory policyholders’ surplus and contingency reserve as of and for the years ended December 31, 2014, 2013 and 2012 were as follows:

	December 31,
(In millions)	2014		2013		2012
Statutory net income	$	62.5	$	55.5	$	16.0
Statutory policyholders’ surplus	78.8		59.3		42.3
Contingency reserve	81.4		38.5		—

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, 2014, 2013 and 2012 were as follows:

	December 31,
(In millions)	2014		2013		2012
Statutory net income	$	32.0	$	26.5	$	58.0
Statutory policyholders’ surplus	256.3		230.8		218.6
Contingency reserve	46.7		35.5		20.6

Radian Mortgage Insurance Inc [Member]

Statutory Accounting Practices [Line Items]

Statutory Accounting Practices Disclosure [Table Text Block]

Radian Mortgage Insurance’s statutory net income, statutory policyholders’ surplus and contingency reserve as of and for the years ended December 31, 2014, 2013 and 2012 were as follows:

	December 31,
(In millions)	2014		2013		2012
Statutory net income	$	18.9	$	18.1	$	1.7
Statutory policyholders’ surplus	121.1		98.0		81.8
Contingency reserve	12.6		6.9		—

Radian Mortgage Assurance [Member]

Statutory Accounting Practices [Line Items]

Statutory Accounting Practices Disclosure [Table Text Block]

RMAI’s statutory net (loss) income and statutory policyholders’ surplus as of and for the years ended December 31, 2014, 2013 and 2012 were as follows:

	December 31,
(In millions)	2014			2013			2012
Statutory net (loss) income	$	(0.5	)	$	(0.5	)	$	2.0
Statutory policyholders’ surplus	17.5			18.0			18.5

Radian Asset Assurance [Member]

Statutory Accounting Practices [Line Items]

Statutory Accounting Practices Disclosure [Table Text Block]

Radian Asset Assurance’s statutory net income, statutory policyholders’ surplus and contingency reserve as of and for the years ended December 31, 2014, 2013 and 2012 were as follows:

	December 31,
(In millions)	2014		2013		2012
Statutory net income	$	12.6	$	24.9	$	103.3
Statutory policyholders’ surplus	1,138.9		1,198.0		1,144.1
Contingency reserve	189.1		264.0		300.1