Statutory Information (Tables)

9 Months Ended

Sep. 30, 2022

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

Statutory Accounting Practices Disclosure

Our insurance subsidiaries’ statutory net income for the year-to-date periods ended September 30, 2022 and 2021, and statutory policyholders’ surplus as of September 30, 2022, and December 31, 2021, were as follows.


Statutory net income

	Nine Months Ended September 30,
(In thousands)	2022		2021
Radian Guaranty	$	864,681	$	516,866
Radian Reinsurance	2,724		8,765
Other mortgage subsidiaries	1,826		777
Radian Title Insurance	2,500		4,777

Statutory policyholders’ surplus

(In thousands)	September 30, 2022		December 31, 2021
Radian Guaranty	$	738,625	$	778,148
Radian Reinsurance	292,121		327,118
Other mortgage subsidiaries	16,246		14,524
Radian Title Insurance	39,241		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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