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Statutory Information - Narrative (Details) | 12 Months Ended
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Dec. 31, 2024 jurisdiction
Statutory capital requirements [Abstract] |
Number of jurisdictions with risk-to-capital requirements | 16
Maximum permitted risk-to-capital ratio commonly applied | 25 to 1
Percentage of statutory policyholders surplus used to determine maximum allowable dividends | 10.00%
Adjusted statutory net income measurement period | 3 years
Adjusted statutory net income dividend payment measurement period | 2 years
Maximum |
Statutory capital requirements [Abstract] |
Risk to capital ratio | 25

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- Definition The number of jurisdictions that require a mortgage insurer to maintain a minimum amount of statutory capital relative to the risk in force (or a similar measure) in order for the mortgage insurer to continue to write new business. This is generally referred to as a risk-to-capital requirement. + References No definition available. + Details
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- Definition The percentage of statutory policyholders' surplus, as defined, as of the preceding calendar year end which is used in the determination of the maximum allowable dividends that the insurance subsidiaries may pay in any twelve-month period without regulatory approval by the Office of the Commissioner of Insurance of the State of Wisconsin. + References No definition available. + Details
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- Definition Statutory Accounting Practices, Statutory Amount Available For Dividend Payments Without Regulatory Approval, Measurement, Measurement Period + References No definition available. + Details
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- Definition Statutory Accounting Practices, Statutory Amount Available for Dividend Payments without Regulatory Approval, Measurement, Dividend Payment Period + References No definition available. + Details
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- References No definition available. + Details
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- Definition Statutory Capital Requirements, Risk To Capital Ratio + References No definition available. + Details
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- Definition For insurance companies, a description of the minimum regulatory capital requirements imposed by state insurance regulators, and restrictions on dividend payments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 944 -SubTopic 505 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477908/944-505-50-1 + Details
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