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Other Assets and Liabilities - Schedule of Other Liabilities (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Other Assets and Liabilities [Abstract]    
Amount payable under securities lending agreements [1] $ 164,529 $ 125,723
Reinsurance funds withheld [2] 128,165 121,983
Payable for securities 34,218 0
Lease liability 33,784 37,442
Accrued compensation 31,321 55,971
Current federal income taxes 25,807 23,290
Other 72,341 67,147
Total other liabilities $ 490,165 $ 431,556
[1] Represents the obligation to return cash collateral under our securities lending agreements. See Note 6 for additional information.
[2] Represents ceded premiums written held by Radian Guaranty to collateralize our reinsurers’ obligations primarily related to our Single Premium QSR Program. See Note 8 for additional information.