Note 16 - Statutory Information (Tables)

9 Months Ended

Sep. 30, 2018

SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Abstract]

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 calculation, as well as the Risk-to-capital requirements imposed by certain states, statutory capital is defined as the sum of statutory policyholders’ surplus plus statutory contingency reserves.

	September 30, 2018			December 31, 2017
($ in millions)
RIF, net (1)	$	40,241.6		$	36,793.5
Common stock and paid-in capital	$	1,866.0		$	1,866.0
Surplus Note	100.0			100.0
Unassigned earnings (deficit)	(708.9		)	(765.0		)
Statutory policyholders’ surplus	1,257.1			1,201.0
Contingency reserve	1,995.8			1,667.0
Statutory capital	$	3,252.9		$	2,868.0
Risk-to-capital	12.4:1			12.8:1

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(1)

Excludes risk ceded through reinsurance contracts (to third parties and affiliates) and RIF on defaulted loans.