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Investments - Available for Sale Securities (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Debt Securities, Available-for-sale [Line Items]    
Less: loaned securities $ 179,692 $ 139,121
Total fixed-maturities, available for sale, Amortized Cost 5,449,992 5,511,501
Total fixed-maturities available for sale, Fair Value 5,108,278 5,074,920
Total fixed-maturities available for sale    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 5,584,431 5,648,583
Total fixed-maturities, available for sale, Amortized Cost 5,449,992 5,511,501 [1]
Gross Unrealized Gains 32,599 16,565
Gross Unrealized Losses [2] (378,625) (460,376)
Fair Value 5,238,405 5,204,772
Total fixed-maturities available for sale, Fair Value 5,108,278 5,074,920 [1]
U.S. government and agency securities    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 164,513 160,509
Gross Unrealized Gains 126 0
Gross Unrealized Losses (29,270) (32,177)
Fair Value 135,369 128,332
State and municipal obligations    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 159,695 167,114
Gross Unrealized Gains 167 40
Gross Unrealized Losses (16,375) (18,263)
Fair Value 143,487 148,891
Corporate bonds and notes    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 2,767,925 2,878,705
Gross Unrealized Gains 17,288 5,261
Gross Unrealized Losses (230,241) (277,535)
Fair Value 2,554,972 2,606,431
RMBS    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 1,063,500 1,104,721
Gross Unrealized Gains 8,628 6,965
Gross Unrealized Losses (80,619) (100,056)
Fair Value 991,509 1,011,630
CMBS    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 343,420 438,139
Gross Unrealized Gains 37 51
Gross Unrealized Losses (18,073) (26,191)
Fair Value 325,384 411,999
CLO    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 480,161 411,328
Gross Unrealized Gains 862 983
Gross Unrealized Losses (580) (849)
Fair Value 480,443 411,462
Other ABS    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 559,833 442,620
Gross Unrealized Gains 4,055 1,556
Gross Unrealized Losses (3,467) (5,305)
Fair Value 560,421 438,871
Mortgage insurance-linked notes    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost [3] 45,384 45,447
Gross Unrealized Gains [3] 1,436 1,709
Gross Unrealized Losses [3] 0 0
Fair Value [3] 46,820 47,156
Loaned securities, amortized cost | Total fixed-maturities available for sale    
Debt Securities, Available-for-sale [Line Items]    
Less: loaned securities 134,439 [1] 137,082
Loaned securities, fair value | Total fixed-maturities available for sale    
Debt Securities, Available-for-sale [Line Items]    
Less: loaned securities $ 130,127 [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.