Note 19 - Statutory Information Level 3 (Tables)

12 Months Ended

Dec. 31, 2016

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 plus statutory contingency reserves.

	December 31,
($ in millions)	2016			2015
RIF, net (1)	$	35,357.8		$	36,396.1
Common stock and paid-in capital	$	2,041.0		$	2,041.4
Surplus Note	—			325.0
Unassigned earnings (deficit)	(691.3		)	(679.9		)
Statutory policyholders’ surplus	1,349.7			1,686.5
Contingency reserve	1,260.6			860.9
Statutory capital	$	2,610.3		$	2,547.4
Risk-to-capital	13.5:1			14.3:1

______________________

(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, statutory policyholders’ surplus and contingency reserve as of or for the years ended December 31, 2016, 2015 and 2014 were as follows:

	December 31,
(In millions)	2016		2015		2014
Statutory net income	$	480.8	$	754.8	$	273.7
Statutory policyholders’ surplus	1,349.7		1,686.5		1,325.2
Contingency reserve	1,260.6		860.9		389.4

Radian Reinsurance [Member]

Statutory Accounting Practices [Line Items]

Statutory Accounting Practices Disclosure [Table Text Block]

Radian Reinsurance’s statutory net income, statutory policyholders’ surplus and contingency reserve as of and for the years ended December 31, 2016 and 2015 were as follows:

	December 31,
(In millions)	2016		2015
Statutory net income (loss)	$	60.3	$	(1.0	)
Statutory policyholders’ surplus	147.6		138.7
Contingency reserve	180.3		128.8

Other MI Companies [Member]

Statutory Accounting Practices [Line Items]

Statutory Accounting Practices Disclosure [Table Text Block]

The aggregate statutory net income, statutory policyholders’ surplus and contingency reserve for these six subsidiaries as of and for the years ended December 31, 2016, 2015 and 2014 were as follows:

	December 31,
(In millions)	2016			2015		2014
Statutory net income (loss)	$	(6.1	)	$	92.9	$	112.9
Statutory policyholders’ surplus	57.1			55.0		473.7
Contingency reserve	1.5			1.1		140.7