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Losses and LAE - Mortgage Insurance Reserve for Losses and LAE Rollforward (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Loss reserve [Roll Forward]    
Balance at beginning of period $ 360,326  
Deduct: Paid claims and LAE related to:    
Balance at end of period 374,945  
Mortgage Insurance revenues    
Loss reserve [Roll Forward]    
Balance at beginning of period 354,431 $ 364,923
Less: Reinsurance recoverables [1] 34,144 25,074
Balance at beginning of period, net of reinsurance recoverables 320,287 339,849
Add: Losses and LAE incurred in respect of default notices reported and unreported in:    
Current year [1] 53,740 53,688
Prior years (38,400) (60,574)
Total incurred 15,340 (6,886)
Deduct: Paid claims and LAE related to:    
Current year [2] 0 0
Prior years 4,233 3,387
Total paid 4,233 3,387
Balance at end of period, net of reinsurance recoverables 331,394 329,576
Add: Reinsurance recoverables [2] 37,696 27,097
Balance at end of period $ 369,090 $ 356,673
[1] Related to ceded losses recoverable, if any, on reinsurance transactions. See Note 8 for additional information.
[2] Related to underlying defaulted loans with a most recent default notice dated in the year indicated. For example, if a loan had defaulted in a prior year, but then subsequently cured and later re-defaulted in the current year, that default would be considered a current year default.