Note 15 - Statutory Information (Tables)

9 Months Ended

Sep. 30, 2019

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

	September 30, 2019			December 31, 2018
($ in millions)
RIF, net (1)	$	43,484.8		$	40,711.3
Common stock and paid-in capital	$	1,041.0		$	1,416.0
Surplus Note	100.0			100.0
Unassigned earnings (deficit)	(553.5		)	(701.9		)
Statutory policyholders’ surplus	587.5			814.1
Contingency reserve	2,475.9			2,109.9
Statutory capital	$	3,063.4		$	2,924.0
Risk-to-capital	14.2:1			13.9:1

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(1)

Excludes risk ceded through all reinsurance programs (including with affiliates) and RIF on defaulted loans.