XML 74 R56.htm IDEA: XBRL DOCUMENT
v3.4.0.3

Note 9 - Losses and LAE Mortgage Insurance Reserves by Product (Details) - USD ($) $ in Thousands | Mar. 31, 2016 | Dec. 31, 2015 | Mar. 31, 2015 | Dec. 31, 2014
--- | --- | --- | --- | ---
Liability for Future Policy Benefit, by Product Segment [Line Items] |  |  |  |  |
Liability for Claims and Claims Adjustment Expense |  | $ 891,348 | $ 976,399 |  |
Mortgage Insurance Segment |  |  |  |  |
Liability for Future Policy Benefit, by Product Segment [Line Items] |  |  |  |  |
Reinsurance recoverables | [1] | 8,239 | 8,286 | $ 13,365 | $ 26,665
Liability for Claims and Claims Adjustment Expense |  | 891,348 | 976,399 | $ 1,384,714 | $ 1,560,032
Prime Mortgage Insurance Product [Member] | Mortgage Insurance Segment |  |  |  |  |
Liability for Future Policy Benefit, by Product Segment [Line Items] |  |  |  |  |
Liability for Unpaid Claims |  | 438,598 | 480,481 |  |
Alt A Mortgage Insurance Product [Member] | Mortgage Insurance Segment |  |  |  |  |
Liability for Future Policy Benefit, by Product Segment [Line Items] |  |  |  |  |
Liability for Unpaid Claims |  | 183,189 | 203,706 |  |
A Minus and Below Mortgage Insurance Product [Member] | Mortgage Insurance Segment |  |  |  |  |
Liability for Future Policy Benefit, by Product Segment [Line Items] |  |  |  |  |
Liability for Unpaid Claims |  | 116,835 | 129,352 |  |
Primary Mortgage Product [Member] | Mortgage Insurance Segment |  |  |  |  |
Liability for Future Policy Benefit, by Product Segment [Line Items] |  |  |  |  |
Liability for Incurred but Not Reported Claims | [2] | 79,051 | 83,066 |  |
Liability for Claims Adjustment Expense |  | 23,600 | 26,108 |  |
Reinsurance recoverables | [3] | 8,239 | 8,286 |  |
Total Primary Insurance Mortgage Insurance Products [Member] | Mortgage Insurance Segment |  |  |  |  |
Liability for Future Policy Benefit, by Product Segment [Line Items] |  |  |  |  |
Liability for Claims and Claims Adjustment Expense |  | 849,512 | 930,999 |  |
Pool Insurance Mortgage Insurance Product [Member] | Mortgage Insurance Segment |  |  |  |  |
Liability for Future Policy Benefit, by Product Segment [Line Items] |  |  |  |  |
Liability for Unpaid Claims |  | 38,843 | 42,084 |  |
Liability for Incurred but Not Reported Claims |  | 1,050 | 1,118 |  |
Liability for Claims Adjustment Expense |  | 1,227 | 1,335 |  |
Liability for Claims and Claims Adjustment Expense |  | 41,120 | 44,537 |  |
First Lien Mortgage Insurance Products [Member] | Mortgage Insurance Segment |  |  |  |  |
Liability for Future Policy Benefit, by Product Segment [Line Items] |  |  |  |  |
Liability for Claims and Claims Adjustment Expense |  | 890,632 | 975,536 |  |
Second Lien Mortgage Insurance Product [Member] | Mortgage Insurance Segment |  |  |  |  |
Liability for Future Policy Benefit, by Product Segment [Line Items] |  |  |  |  |
Liability for Claims and Claims Adjustment Expense | [4] | $ 716 | $ 863 |  |
[1] | Related to ceded losses recoverable, on captive reinsurance transactions, the QSR Transactions and the Single Premium QSR Transaction, if any. See Note 7 for additional information.
[2] | Primarily related to expected payments under the Freddie Mac Agreement.
[3] | Represents ceded losses on captive transactions, the QSR Transactions and the Single Premium QSR Transaction.
[4] | Does not include our Second-lien premium deficiency reserve that is included in other liabilities.

X
- Definition The actual and estimated costs of settling claims under the terms of the underlying insurance policies and assumed and ceded insurance contracts as of the balance sheet date. + References No definition available. + Details
Name: | rdn_LiabilityforClaimsAdjustmentExpense
Namespace Prefix: | rdn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Estimated costs as of the balance sheet date of settling insured claims that have not yet been submitted to the insurer for reimbursement, as well as reserves for estimated reinstatements of previously rescinded policies and denied claims and other reserves for other potential payment of claims. + References No definition available. + Details
Name: | rdn_LiabilityforIncurredButNotReportedClaimsandOther
Namespace Prefix: | rdn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition This concept represents the amount of reserve for losses excluding amounts for loss adjustment expenses. + References No definition available. + Details
Name: | rdn_LiabilityforUnpaidClaims
Namespace Prefix: | rdn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount needed to reflect the estimated ultimate cost of settling claims relating to insured events that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=65670824&loc=d3e14764-158437 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 3 -Subparagraph (cc) -URI http://asc.fasb.org/extlink&oid=65670824&loc=d3e14764-158437 + Details
Name: | us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_LiabilityForFuturePolicyBenefitByProductSegmentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, after valuation allowance, recoverable under reinsurance contracts including premium paid under reinsurance contracts. Examples include, but are not limited to, settled and unsettled claims, incurred but not reported losses, loss adjustment expense, premium paid, policy benefits and policy reserves. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6480758&loc=d3e6824-158387 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 310 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6485522&loc=d3e21409-158489 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.(a),6) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
Name: | us-gaap_ReinsuranceRecoverables
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=rdn_MortgageInsuranceSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ProductOrServiceAxis=rdn_PrimeMortgageInsuranceProductMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ProductOrServiceAxis=rdn_AltMortgageInsuranceProductMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ProductOrServiceAxis=rdn_MinusAndBelowMortgageInsuranceProductMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ProductOrServiceAxis=rdn_PrimaryMortgageProductMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ProductOrServiceAxis=rdn_TotalPrimaryInsuranceMortgageInsuranceProductsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ProductOrServiceAxis=rdn_PoolInsuranceMortgageInsuranceProductMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis=rdn_FirstLienMortgageInsuranceProductsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis=rdn_SecondLienMortgageInsuranceProductMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |