Statutory Information (Tables)

3 Months Ended

Mar. 31, 2024

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

Schedule of Statutory Accounting Practices Disclosure

Our insurance subsidiaries’ statutory net income (loss) for the periods indicated, and statutory policyholders’ surplus as of the dates indicated, were as follows.


Statutory net income (loss)

	Three Months Ended March 31,
(In thousands)	2024		2023
Radian Guaranty	$	200,483	$	199,171
Other mortgage insurance subsidiaries	(430)		(388)
Radian Title Insurance	584		253

Statutory policyholders’ surplus

(In thousands)	March 31, 2024		December 31, 2023
Radian Guaranty	$	703,315	$	619,584
Other mortgage insurance subsidiaries	17,105		17,444
Radian Title Insurance	41,676		41,108

- 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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