XML 82 R72.htm IDEA: XBRL DOCUMENT v3.25.2
Losses and LAE - Mortgage Insurance Reserve for Losses and LAE Rollforward (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Loss reserve [Roll Forward]    
Balance at beginning of period $ 360,326  
Deduct: Paid claims and LAE related to:    
Balance at end of period 383,103  
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] 103,750 100,986
Prior years (76,456) (109,642)
Total incurred 27,294 (8,656)
Deduct: Paid claims and LAE related to:    
Current year [2] 220 91
Prior years 11,001 8,813
Total paid 11,221 8,904
Balance at end of period, net of reinsurance recoverables 336,360 322,289
Add: Reinsurance recoverables [2] 40,872 28,918
Balance at end of period $ 377,232 $ 351,207
[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.