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Investments - Available for Sale Securities (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Debt Securities, Available-for-sale [Line Items]    
Less: loaned securities $ 154,891 $ 139,121
Total fixed-maturities, available for sale, Amortized Cost 5,479,486 5,511,501
Total fixed-maturities available for sale, Fair Value 5,112,192 5,074,920
Total fixed-maturities available for sale    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 5,616,718 5,648,583
Total fixed-maturities, available for sale, Amortized Cost 5,479,486 5,511,501 [1]
Gross Unrealized Gains 23,898 16,565
Gross Unrealized Losses [2] (397,486) (460,376)
Fair Value 5,243,130 5,204,772
Total fixed-maturities available for sale, Fair Value 5,112,192 5,074,920 [1]
U.S. government and agency securities    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 171,718 160,509
Gross Unrealized Gains 8 0
Gross Unrealized Losses (28,490) (32,177)
Fair Value 143,236 128,332
State and municipal obligations    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 157,430 167,114
Gross Unrealized Gains 269 40
Gross Unrealized Losses (15,821) (18,263)
Fair Value 141,878 148,891
Corporate bonds and notes    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 2,829,292 2,878,705
Gross Unrealized Gains 10,268 5,261
Gross Unrealized Losses (245,503) (277,535)
Fair Value 2,594,057 2,606,431
RMBS    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 1,080,716 1,104,721
Gross Unrealized Gains 8,457 6,965
Gross Unrealized Losses (82,848) (100,056)
Fair Value 1,006,325 1,011,630
CMBS    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 415,327 438,139
Gross Unrealized Gains 50 51
Gross Unrealized Losses (20,936) (26,191)
Fair Value 394,441 411,999
CLO    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 396,203 411,328
Gross Unrealized Gains 273 983
Gross Unrealized Losses (717) (849)
Fair Value 395,759 411,462
Other ABS    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 520,648 442,620
Gross Unrealized Gains 2,970 1,556
Gross Unrealized Losses (3,171) (5,305)
Fair Value 520,447 438,871
Mortgage insurance-linked notes    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost [3] 45,384 45,447
Gross Unrealized Gains [3] 1,603 1,709
Gross Unrealized Losses [3] 0 0
Fair Value [3] 46,987 47,156
Loaned securities, amortized cost | Total fixed-maturities available for sale    
Debt Securities, Available-for-sale [Line Items]    
Less: loaned securities 137,232 [1] 137,082
Loaned securities, fair value | Total fixed-maturities available for sale    
Debt Securities, Available-for-sale [Line Items]    
Less: loaned securities $ 130,938 [1] $ 129,852
[1] Included in other assets on our condensed consolidated balance sheets. See “Loaned Securities” below for a discussion of our securities lending agreements.
[2] See “Gross Unrealized Losses and Related Fair Value of Available for Sale Securities” below for additional details.
[3] Includes mortgage insurance-linked notes purchased by Radian Group in connection with the XOL Program. See Note 8 for more information.