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Reinsurance - Coverage and retention (Details) - Variable Interest Entity, Not Primary Beneficiary
$ in Thousands
12 Months Ended
Dec. 31, 2022
USD ($)
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance $ 7,270,589
Current Coverage 4,005,479
Remaining Retention, Net $ 2,423,805
Amortization period 10 years
Bellemeade 2017-1 Ltd  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance $ 368,114 [1]
Current Coverage 36,679 [1]
Remaining Retention, Net 142,461 [1]
Bellemeade 2018-1 Ltd  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 374,460 [2]
Current Coverage 89,698 [2]
Remaining Retention, Net 143,592 [2]
Bellemeade 2018-3 Ltd  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 506,110 [3]
Current Coverage 199,237 [3]
Remaining Retention, Net 152,861 [3]
Bellemeade 2019-1 Ltd  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 341,790 [4]
Current Coverage 107,880 [4]
Remaining Retention, Net 118,908 [4]
Bellemeade 2019-2 Ltd  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 621,022 [5]
Current Coverage 325,462 [5]
Remaining Retention, Net 191,550 [5]
Bellemeade 2019-3 Ltd  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 700,920 [6]
Current Coverage 222,977 [6]
Remaining Retention, Net 208,931 [6]
Bellemeade 2019-4 Ltd  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 577,267 [7]
Current Coverage 266,124 [7]
Remaining Retention, Net 142,564 [7]
Bellemeade 2020-2 Ltd  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 449,167 [8]
Current Coverage 105,110 [8]
Remaining Retention, Net 237,709 [8]
Bellemeade 2020-2 Ltd | Funded By VIE  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 423,000
Bellemeade 2020-2 Ltd | Directly provided capacity  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 26,000
Bellemeade 2020-3 Ltd  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 451,816 [9]
Current Coverage 250,971 [9]
Remaining Retention, Net 161,544 [9]
Bellemeade 2020-3 Ltd | Funded By VIE  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 418,000
Bellemeade 2020-3 Ltd | Directly provided capacity  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 34,000
Bellemeade 2020-4 Ltd  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 337,013 [10]
Current Coverage 101,729 [10]
Remaining Retention, Net 138,131 [10]
Bellemeade 2020-4 Ltd | Funded By VIE  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 321,000
Bellemeade 2020-4 Ltd | Directly provided capacity  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 16,000
Bellemeade 2021-1 Ltd Member  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 643,577 [11]
Current Coverage 503,267 [11]
Remaining Retention, Net 153,525 [11]
Bellemeade 2021-1 Ltd Member | Funded By VIE  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 580,000
Bellemeade 2021-1 Ltd Member | Directly provided capacity  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 64,000
Bellemeade 2021-2 Ltd  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 616,017 [12]
Current Coverage 535,461 [12]
Remaining Retention, Net 138,524 [12]
Bellemeade 2021-2 Ltd | Funded By VIE  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 523,000
Bellemeade 2021-2 Ltd | Directly provided capacity  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 93,000
Bellemeade 2021-3 Ltd  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 639,391 [13]
Current Coverage 616,959 [13]
Remaining Retention, Net 132,492 [13]
Bellemeade 2021-3 Ltd | Funded By VIE  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 508,000
Bellemeade 2021-3 Ltd | Directly provided capacity  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 131,000
Bellemeade 2022-01 Ltd  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 316,760 [14]
Current Coverage 316,760 [14]
Remaining Retention, Net 143,577 [14]
Bellemeade 2022-01 Ltd | Funded By VIE  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 284,000
Bellemeade 2022-01 Ltd | Directly provided capacity  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 33,000
Bellemeade 2022-2 Ltd  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 327,165 [15]
Current Coverage 327,165 [15]
Remaining Retention, Net 217,436 [15]
Bellemeade 2022-2 Ltd | Funded By VIE  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance 201,000
Bellemeade 2022-2 Ltd | Directly provided capacity  
Variable Interest Entity [Line Items]  
Initial Coverage at Issuance $ 126,000
[1] Issued in October 2017, covering in-force policies issued between January 1, 2017 and June 30, 2017.
[2] Issued in April 2018, covering in-force policies issued between July 1, 2017 and December 31, 2017.
[3] Issued in October 2018, covering in-force policies issued between January 1, 2018 and June 30, 2018.
[4] Issued in March 2019, covering in-force policies primarily issued between 2005 to 2008 under United Guaranty Residential Insurance Company (“UGRIC”); as well as policies issued through 2015 under both UGRIC and Arch Mortgage Insurance Company.
[5] Issued in April 2019, covering in-force policies issued between July 1, 2018 and December 31, 2018.
[6] Issued in July 2019, covering in-force policies issued in 2016.
[7] Issued in October 2019, covering in-force policies issued between January 1, 2019 and June 30, 2019.
[8] Issued in September 2020, covering in-force policies issued between January 1, 2020 and May 31, 2020. $423 million was directly funded by Bellemeade 2020-2 Ltd. with an additional $26 million of capacity provided directly to Arch MI U.S. by a separate panel of reinsurers
[9] Issued in November 2020, covering in-force policies issued between June 1, 2020 and August 31, 2020. $418 million was directly funded by Bellemeade 2020-3 Ltd. with an additional $34 million of capacity provided directly to Arch MI U.S. by a separate panel of reinsurers.
[10] Issued in December 2020, covering in-force policies issued between July 1, 2019 and December 31, 2019. $321 million was directly funded by Bellemeade 2020-4 Ltd. with an additional $16 million of capacity provided directly to Arch MI U.S. by a separate panel of reinsurers
[11] Issued in March 2021, covering in-force policies issued between September 1, 2020 and November 30, 2020. $580 million was directly funded by Bellemeade Re 2021-1 Ltd. with an additional $64 million capacity provided directly to Arch MI U.S. by a separate panel of reinsurers.
[12] Issued in June 2021, covering in-force policies issued between December 1, 2020 and March 31, 2021. $523 million was directly funded by Bellemeade Re 2021-2 Ltd. via insurance-linked notes, with an additional $93 million capacity provided directly to Arch MI U.S. by a separate panel of reinsurers
[13] Issued in September 2021, covering in-force policies issued between April 1, 2021 and June 30, 2021. $508 million was directly funded by Bellemeade Re 2021-3 Ltd. via insurance-linked notes, with an additional $131 million capacity provided directly to Arch MI U.S. by a separate panel of reinsurers
[14] Issued in January 2022, covering in-force policies issued between July 1, 2021 and November 30, 2021. $284 million was directly funded by Bellemeade Re 2022-1 Ltd. via insurance-linked notes, with an additional $33 million capacity provided directly to Arch MI U.S. by a separate panel of reinsurers.
[15] Issued in September 2022, covering in-force policies issued between November 1, 2021 and June 30, 2022. $201 million was directly funded by Bellemeade Re 2022-2 Ltd. via insurance-linked notes, with an additional $126 million capacity provided directly to Arch MI U.S. by a separate panel of reinsurers