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Segment Reporting - Revenue and Other Segment Information (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Total revenues $ 318,114 $ 319,418
Provision for losses 15,167 (7,034)
Policy acquisition costs 6,388 6,794
Interest expense 22,499 29,046
Net gains (losses) on investments and other financial instruments (723) 490
Operating Segments    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Adjusted pretax operating income 194,293 209,850
Operating Segments | Mortgage Insurance revenues    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Total revenues 284,298 285,023
Provision for losses 15,340 (6,886)
Policy acquisition costs 6,388 6,794
Direct other operating expenses 16,567 17,270
Allocated corporate operating expenses [1] 35,123 34,509
Interest expense 16,489 23,333
Other segment items 98 153
Adjusted pretax operating income 194,293 209,850
Direct depreciation expense $ 1,940 $ 1,923
Loss Ratio [2] 6.60% (2.90%)
Expense Ratio [3] 24.80% 25.00%
Segment Reconciling Items    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Net gains (losses) on investments and other financial instruments [4] $ (2,010) $ 107
[1] Includes immaterial allocated depreciation expense.
[2] Calculated as provision for losses expressed as a percentage of net premiums earned.
[3] Calculated as operating expenses (which consist of policy acquisition costs, direct other operating expenses and allocated corporate operating expenses) expressed as a percentage of net premiums earned.
[4] Excludes net gains (losses) on investments and other financial instruments that are attributable to our Mortgage Conduit business, which are included in All Other adjusted pretax operating income (loss).