Statutory Information (Tables)

3 Months Ended

Mar. 31, 2022

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

Statutory Accounting Practices Disclosure

Our insurance subsidiaries’ statutory net income (loss) for the year-to-date periods ended March 31, 2022 and 2021 and statutory policyholders’ surplus as of March 31, 2022 and December 31, 2021 were as follows.


Statutory net income (loss)

	Three Months Ended March 31,
(In thousands)	2022		2021
Radian Guaranty	$	271,348	$	166,755
Radian Reinsurance	(267)		1,885
Other mortgage subsidiaries	558		65
Radian Title Insurance	1,271		1,317

Statutory policyholders’ surplus

(In thousands)	March 31, 2022		December 31, 2021
Radian Guaranty	$	422,566	$	778,148
Radian Reinsurance	325,262		327,118
Other mortgage subsidiaries	15,102		14,524
Radian Title Insurance	37,817		36,599

- Definition

Tabular disclosure of how the entity's reporting under GAAP as of the balance sheet date differs from the results based on prescribed and permitted accounting practices of the state or country of domicile in which a relevant statutory filing is made, or differences in results based on the National Association of Insurance Commissioners (NAIC) prescribed practices, or a combination thereof. Describes the accounting practices used and the related monetary effect on statutory surplus, net income, and risk-based capital. If an insurance enterprise's risk-based capital would have triggered a regulatory event had it not used a permitted practice, that fact is disclosed in the financial statements. Permitted statutory accounting practices include practices not prescribed but allowed by the domiciliary state insurance department regulatory authority.

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