Statutory Information (Tables)

12 Months Ended

Dec. 31, 2021

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

Statutory Accounting Practices Disclosure

Our insurance subsidiaries’ statutory net income and statutory policyholders’ surplus for the years ended and as of December 31, 2021, 2020 and 2019 were as follows.

Statutory net income (loss)
	Years Ended December 31,
(In thousands)	2021			2020		2019
Radian Guaranty	$	753,506		$	441,947	$	703,380
Radian Reinsurance	9,103			32,484		101,591
Other mortgage subsidiaries	1,669			1,086		144
Radian Title Insurance	6,862			2,126		331
Statutory policyholders’ surplus
	December 31,
(In thousands)	2021			2020		2019
Radian Guaranty	$	778,148		$	481,484	$	637,718
Radian Reinsurance	327,118			360,704		455,594
Other mortgage subsidiaries	14,524		(1)	41,327		45,672
Radian Title Insurance	36,599			28,849		27,349

(1)Two previous insurance subsidiaries, Radian Mortgage Guaranty Inc. and Radian Investor Surety Inc., were dissolved in 2021.

Statutory Accounting Practices, Surplus Additions (Distributions)

The surplus additions (distributions) between Radian Group and Radian Guaranty and our other insurance subsidiaries for the years ended December 31, 2021, 2020 and 2019 were as follows.

Surplus additions (distributions)
	Years Ended December 31,
(In thousands)	2021		2020		2019
Additions to Radian Guaranty surplus	$	—	$	200,000	$	—
Distributions from Radian Guaranty surplus	—		—		(375,000)
Additions to other insurance subsidiaries’ surplus	250		—		65,200
Distributions from other insurance subsidiaries’ surplus	(40,000)		(465,000)		(14,000)