<SEC-DOCUMENT>0001157523-18-000818.txt : 20180426
<SEC-HEADER>0001157523-18-000818.hdr.sgml : 20180426
<ACCEPTANCE-DATETIME>20180426084255
ACCESSION NUMBER:		0001157523-18-000818
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20180426
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20180426
DATE AS OF CHANGE:		20180426

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RADIAN GROUP INC
		CENTRAL INDEX KEY:			0000890926
		STANDARD INDUSTRIAL CLASSIFICATION:	SURETY INSURANCE [6351]
		IRS NUMBER:				232691170
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11356
		FILM NUMBER:		18776336

	BUSINESS ADDRESS:	
		STREET 1:		1500 MARKET STREET
		STREET 2:		19TH FLOOR, WEST TOWER
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19102
		BUSINESS PHONE:		2155646600

	MAIL ADDRESS:	
		STREET 1:		1500 MARKET ST
		STREET 2:		19TH FLOOR, WEST TOWER
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19102

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CMAC INVESTMENT CORP
		DATE OF NAME CHANGE:	19960126
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51795599.htm
<DESCRIPTION>RADIAN GROUP INC. 8-K
<TEXT>
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      <font style="font-family: Times New Roman; font-size: 18pt"><b>UNITED
      STATES</b></font><b><font style="font-family: Times New Roman; font-size: 18pt"><br style="font-size: 18pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 18pt">SECURITIES
      AND EXCHANGE COMMISSION</font></b><br><font style="font-family: Times New Roman; font-size: 12pt"><b>WASHINGTON,
      DC 20549</b></font><br><br>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 18pt"><b>FORM 8-K</b></font>
    </p>
    <hr style="color: #000000; height: 1.0 pt; width: 100%; text-align: center">


    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>CURRENT
      REPORT</b></font><br><br><font style="font-family: Times New Roman; font-size: 12pt"><b>Pursuant
      to Section 13 or 15(d) of</b></font><br><font style="font-family: Times New Roman; font-size: 12pt"><b>The
      Securities Exchange Act of 1934</b></font><br><br><font style="font-family: Times New Roman; font-size: 10pt"><b>Date
      of report (Date of earliest event reported) </b></font><b><u><font style="font-family: Times New Roman; font-size: 10pt">April
      26, 2018</font></u></b><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-size: 10pt; font-family: Times New Roman"></font>
    </p>
    <hr style="color: #000000; height: 1.0 pt; width: 100%; text-align: center">


    <p style="text-align: center">
      <font style="font-size: 17pt"><b>Radian Group Inc.</b></font><br><font style="font-family: Times New Roman; font-size: 10pt"><b>(Exact
      Name of Registrant as Specified in Its Charter)</b></font><br>
    </p>
    <hr style="color: #000000; height: 1.0 pt; width: 100%; text-align: center">


    <p style="text-align: center">

    </p>
    <div style="text-align:center">
    <table style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-left:auto;margin-right:auto; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; width: 33%; text-align: center" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Delaware</b>
          </p>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; width: 34%; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt"><b>1-11356</b></font>
          </p>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; width: 33%; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt"><b>23-2691170</b></font>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 33%; text-align: center" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(State or Other Jurisdiction<br>of Incorporation)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; width: 34%; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(Commission<br>File Number)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; width: 33%; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(IRS Employer<br>Identification No.)</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; width: 60%; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt"><b>1601
            Market Street, Philadelphia, Pennsylvania</b></font>
          </p>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; width: 40%; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt"><b>19103</b></font>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 60%; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt"><b>(Address
            of Principal Executive Offices)</b></font>
          </p>
        </td>
        <td style="padding-left: 0.0px; width: 40%; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt"><b>(Zip
            Code)</b></font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <font style="font-family: Times New Roman; font-size: 10pt"><b>Registrant&#8217;s
      Telephone Number, Including Area Code: </b></font><b>(215) 231-1000<font style="font-family: Times New Roman; font-size: 10pt"><br style="font-size: 10pt; font-family: Times New Roman"></font><br><font style="font-family: Times New Roman; font-size: 10pt">(Former
      Name or Former Address, if Changed Since Last Report)</font><br></b>
    </p>
    <hr style="color: #000000; height: 1.0 pt; width: 100%; text-align: center">


    <p>
      <font style="font-family: Times New Roman; font-size: 10pt">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions </font>&#160;(<i>see </i>General Instruction
      A.2. below)<font style="font-family: Times New Roman; font-size: 10pt">:</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <p style="text-align: justify">
      Indicate by check mark whether the registrant is an emerging growth
      company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405
      of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
      (&#167;240.12b-2 of this chapter).
    </p>
    <p>
      Emerging growth company <font style="font-family: Arial Unicode MS; font-size: 9pt">&#8414;</font>
    </p>
    <p>
      If an emerging growth company, indicate by check mark if the registrant
      has elected not to use the extended transition period for complying with
      any new or revised financial accounting standards provided pursuant to
      Section 13(a) of the Exchange Act. <font style="font-family: Arial Unicode MS; font-size: 9pt">&#8414;</font>
    </p>
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    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <br>
      <b>Item 2.02.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Results of Operations and Financial Condition.</b>
    </p>
    <p>
      On April 26, 2018, Radian Group Inc. issued a news release announcing
      its financial results for the quarter ended March 31, 2018. A copy of
      this news release is furnished as Exhibit 99.1 to this report.
    </p>
    <p>
      The information included in, or furnished with, this report shall not be
      deemed &quot;filed&quot; for purposes of Section&#160;18 of the Securities Exchange Act
      of 1934 (the &quot;Exchange Act&quot;), nor shall it be deemed incorporated by
      reference in any filing under the Securities Act of 1933 or the Exchange
      Act, except as shall be expressly set forth by specific reference in
      such filing.
    </p>
    <p>
      <b>Item 9.01.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Financial Statements and Exhibits.</b>
    </p>
    <p>
      <b>(d) <i>Exhibits.</i></b><br><br>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;99.1*&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Radian
      Group Inc. News Release dated April 26, 2018.
    </p>
    <p>
      _____________________
    </p>
    <p style="white-space: nowrap">
      *&#160;&#160;Furnished herewith.
    </p>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: center">
      <b>EXHIBIT INDEX</b>
    </p>
    <p>

    </p>
<div style="text-align:left">
    <table style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
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        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td style="width: 87%">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; width: 12%; text-align: center; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>Exhibit</b><br><b>No.</b>
        </td>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; width: 1%; text-align: left" valign="bottom">

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; width: 87%; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>Description</b>
        </td>
      </tr>
      <tr>
        <td style="width: 12%">

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 12%; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <a href="a51795599ex99_1.htm">99.1*</a>
          </p>
        </td>
        <td style="padding-left: 0.0px; width: 1%; text-align: left" valign="bottom">

        </td>
        <td style="padding-left: 0.0px; width: 87%; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <a href="a51795599ex99_1.htm">Radian Group Inc. News Release dated
            April 26, 2018.</a>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p style="white-space: nowrap">
      *&#160;&#160; Furnished herewith.
    </p>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <br>

    </p>
    <hr style="color: #000000; height: 1.0 pt; width: 100%; text-align: left">


    <p>

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt"><b>SIGNATURES</b></font>
    </p>
    <p style="text-indent: 30.0px; font-size: 10pt">
      <font style="font-family: Times New Roman; font-size: 10pt">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.</font>
    </p>
    <p style="text-indent: 30.0px; font-size: 10pt">
      <br>

    </p>
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    <table style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 49%">

        </td>
        <td style="padding-left: 0.0px; text-align: left" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>RADIAN GROUP INC.</b></u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 49%">

        </td>
        <td style="padding-left: 0.0px; text-align: left" colspan="2" valign="top">
          (Registrant)
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 49%">

        </td>
        <td style="padding-left: 0.0px; text-align: left" colspan="2" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; width: 6%; text-align: left" valign="top">
          Date:
        </td>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; width: 49%; text-align: left" valign="top">
          April 26, 2018
        </td>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; width: 4%; text-align: left" valign="top">
          By:
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; width: 41%; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ J. Franklin Hall
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 49%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="padding-left: 0.0px; width: 41%; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            J. Franklin Hall
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 49%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="padding-left: 0.0px; width: 41%; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Senior Executive Vice President and
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 49%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="padding-left: 0.0px; width: 41%; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Chief Financial Officer
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51795599ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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    <title></title>
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    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Radian
      Announces First Quarter 2018 Financial Results</b></font>
    </p>
    <p>

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>-- GAAP
      net income increases 50% year-over-year to $114.5 million; diluted net
      income per share grows 53% year-over-year to $0.52 --</b></font>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>--
      Adjusted diluted net operating income per share increases 60%
      year-over-year to $0.59 --</b></font>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>-- New MI
      business written increases 16% and MI in force increases 10%
      year-over-year --</b></font>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>-- Book
      value per share grows 4% and tangible book value per share grows 13%
      year-over-year --</b></font>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>--
      Company purchases shares of its common stock under most recent share
      repurchase program --</b></font>
    </p>
    <p>
      PHILADELPHIA--(BUSINESS WIRE)--April 26, 2018--Radian Group Inc. (NYSE:
      RDN) today reported net income for the quarter ended March&#160;31, 2018, of
      $114.5 million, or $0.52 per diluted share. This compares to net income
      for the quarter ended March&#160;31, 2017, of $76.5 million, or $0.34 per
      diluted share.
    </p>
    <p>
      <b>Key Financial Highlights</b> <i>(dollars in millions, except
      per-share data)</i>
    </p>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Quarter Ended<br>March 31, 2018
          </p>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Quarter Ended<br>March 31, 2017
          </p>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Percent<br>Change
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="middle">
          Net income <sup>(1)</sup>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $114.5
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $76.5
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          50%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="middle">
          Diluted net income per share
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $0.52
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $0.34
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          53%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="middle">
          Consolidated pretax income
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $142.4
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $114.7
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          24%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          Adjusted pretax operating income <sup>(2)</sup>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $164.1
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $125.3
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          31%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          Adjusted diluted net operating

          <p style="margin-top: 0px; margin-bottom: 0px">
            income per share<sup>(2) (3)</sup>
          </p>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $0.59
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $0.37
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          60%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="middle">
          Net premiums earned - insurance
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $242.6
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $221.8
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          9%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="middle">
          MI New Insurance Written (NIW)
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $11,664
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $10,055
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          16%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="middle">
          MI primary insurance in force
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $204,025
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $185,859
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          10%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="middle">
          Book value per share
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $14.16
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $13.58
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          4%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          Tangible book value per share <sup>(2)</sup>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $13.88
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $12.31
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          13%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          Return on Equity <sup>(4)</sup>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          15.1%
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          10.6%
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          42%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          Adjusted Net Operating Return on Equity <sup>(2)</sup>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          17.1%
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          11.2%
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          53%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <sup><i>(1)</i></sup>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i>Net income for the first quarter of 2018 includes a pretax net
            loss on investments and other financial instruments of $18.9
            million and $0.6 million of pretax restructuring and other exit
            costs related to the Mortgage and Real Estate Services segment.</i>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <sup><i>(2)</i></sup>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i>Adjusted results, including adjusted pretax operating income,
            adjusted diluted net operating income per share, tangible book
            value per share and adjusted net operating return on equity, are
            non-GAAP financial measures. For definitions and a reconciliation
            of these measures to the comparable GAAP measures, see Exhibits F
            and G.</i>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <sup><i>(3)</i></sup>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i>Adjusted diluted net operating income per share is calculated
            using the company&#8217;s statutory tax rates of 21 percent in 2018 and
            35 percent in 2017.</i>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <sup><i>(4)</i></sup>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i>Calculated by dividing annualized net income by average
            stockholders' equity, based on the average of the beginning and
            ending balances for each period presented.</i>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      Adjusted pretax operating income for the quarter ended March 31, 2018,
      was $164.1 million, compared to $125.3 million for the quarter ended
      March 31, 2017. Adjusted diluted net operating income per share for the
      quarter ended March 31, 2018, was $0.59, an increase of 60 percent
      compared to $0.37 for the quarter ended March 31, 2017.
    </p>
    <p>
      Book value per share at March&#160;31, 2018, was $14.16, an increase of 2%
      compared to $13.90 at December&#160;31, 2017, and an increase of 4% compared
      to $13.58 at March&#160;31, 2017. Tangible book value per share at March&#160;31,
      2018, was $13.88, an increase of 2% compared to $13.60 at December&#160;31,
      2017, and an increase of 13% compared to $12.31 at March&#160;31, 2017.
    </p>
    <p>
      &#8220;I am pleased to report Radian's excellent financial results for the
      first quarter, with a 17% adjusted net operating ROE, representing a 53%
      increase year-over-year. During the same period, we also increased net
      income by 50%, adjusted diluted net operating income per share by 60%,
      and tangible book value per share by 13%. And we continued to grow our
      insurance in force portfolio, which is the primary driver of future
      earnings for Radian,&#8221; said Radian&#8217;s Chief Executive Officer Rick
      Thornberry. &#8220;These results represent the success of our business
      strategy, the strength of our customer relationships, our financial
      strength and flexibility, the value of our high-quality insurance
      portfolio, and the performance of our outstanding team. I am confident
      that we are well positioned for 2018 and beyond.&#8221;
    </p>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>FIRST QUARTER HIGHLIGHTS AND RECENT EVENTS</b>
    </p>
    <p>
      <i>Mortgage Insurance</i>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        MI new insurance written (NIW) was $11.7 billion for the quarter, a
        decrease of 19 percent compared to $14.4 billion in the fourth quarter
        of 2017 and an increase of 16 percent compared to $10.1 billion in the
        prior-year quarter.

        <ul>
          <li style="margin-bottom: 10.0px">
            Of the $11.7 billion in NIW in the first quarter of 2018, 21
            percent was written with single premiums, consisting of 16 percent
            lender-paid and 5 percent borrower-paid. After consideration of
            the 65 percent ceded under the company's 2018 Single Premium Quota
            Share Reinsurance Transaction, total net single premiums were 7
            percent of new business written in the first quarter of 2018.
          </li>
          <li style="margin-bottom: 10.0px">
            Purchase originations accounted for 89 percent of total NIW in the
            first quarter of 2018, compared to 88 percent in the fourth
            quarter of 2017, and 84 percent a year ago.
          </li>
        </ul>
      </li>
      <li style="margin-bottom: 10.0px">
        Total primary mortgage insurance in force as of March&#160;31, 2018, grew
        to $204.0 billion, an increase of 2 percent compared to $200.7 billion
        as of December&#160;31, 2017, and an increase of 10 percent compared to
        $185.9 billion as of March&#160;31, 2017.

        <ul>
          <li style="margin-bottom: 10.0px">
            The composition of Radian&#8217;s mortgage insurance portfolio continues
            to improve, with 92 percent consisting of new business written
            after 2008, including those loans that successfully completed the
            Home Affordable Refinance Program (HARP).
          </li>
          <li style="margin-bottom: 10.0px">
            Persistency, which is the percentage of mortgage insurance that
            remains in force after a 12-month period, was 81.0 percent as of
            March&#160;31, 2018, compared to 81.1 percent as of December&#160;31, 2017,
            and 77.1 percent as of March&#160;31, 2017.
          </li>
          <li style="margin-bottom: 10.0px">
            Annualized persistency for the three months ended March&#160;31, 2018,
            was 84.3 percent, compared to 79.4 percent for the three months
            ended December&#160;31, 2017, and 84.4 percent for the three months
            ended March&#160;31, 2017.
          </li>
        </ul>
      </li>
      <li style="margin-bottom: 10.0px">
        Total net premiums earned were $242.6 million for the quarter ended
        March&#160;31, 2018, compared to $245.2 million for the quarter ended
        December&#160;31, 2017, and $221.8 million for the quarter ended March&#160;31,
        2017.

        <ul>
          <li style="margin-bottom: 10.0px">
            Mortgage insurance in force premium yield was 48.7 basis points in
            the first quarter of 2018, an increase compared to 48.1 basis
            points in the fourth quarter of 2017, and a slight decrease
            compared to 48.9 in the first quarter of 2017.
          </li>
          <li style="margin-bottom: 10.0px">
            Total net mortgage insurance premium yield, which includes the
            impact of ceded premiums and accrued profit commission, was 47.9
            basis points in the first quarter of 2018, compared to 49.4 basis
            points in the fourth quarter of 2017, and 48.0 basis points in the
            first quarter of 2017.
          </li>
          <li style="margin-bottom: 10.0px">
            Additional details regarding notable variable items impacting
            premiums earned may be found in Exhibit D.
          </li>
        </ul>
      </li>
      <li style="margin-bottom: 10.0px">
        The mortgage insurance provision for losses was $37.4 million in the
        first quarter of 2018, compared to $35.3 million in the fourth quarter
        of 2017, and $47.2 million in the prior-year quarter.

        <ul>
          <li style="margin-bottom: 10.0px">
            The total number of primary delinquent loans was 24,597 as of
            March&#160;31, 2018, a decrease of 12 percent compared to 27,922 as of
            December&#160;31, 2017 and a decrease of 5 percent compared to 25,793
            as of March&#160;31, 2017.

            <ul>
              <li style="margin-bottom: 10.0px">
                The total number of primary delinquent loans included 5,780
                from hurricane-affected areas as of March&#160;31, 2018, compared
                to 7,051 as of December&#160;31, 2017 and 2,964 as of March&#160;31,
                2017. The company believes that these hurricane-related
                delinquencies have reached their peak and, based on past
                experience, continues to expect that these delinquencies will
                not result in a material number of new paid claims.
              </li>
              <li style="margin-bottom: 10.0px">
                Excluding the impact from hurricane-affected areas, the total
                number of primary delinquent loans of 18,817 decreased by 18
                percent from 22,829 as of March&#160;31, 2017.
              </li>
              <li style="margin-bottom: 10.0px">
                Excluding, in each case, the new notices of default from
                hurricane-affected areas, the total number of primary new
                notices of default decreased by 11 percent in the first
                quarter of 2018 from the fourth quarter of 2017, and decreased
                by 3 percent from the first quarter of 2017.
              </li>
            </ul>
          </li>
          <li style="margin-bottom: 10.0px">
            The primary mortgage insurance delinquency rate decreased to 2.5
            percent in the first quarter of 2018, compared to 2.9 percent in
            the fourth quarter of 2017, and 2.8 percent in the first quarter
            of 2017.
          </li>
          <li style="margin-bottom: 10.0px">
            The loss ratio in the first quarter of 2018 was 15.4 percent,
            compared to 14.4 percent in the fourth quarter of 2017, and 21.3
            percent in the first quarter of 2017.
          </li>
          <li style="margin-bottom: 10.0px">
            Mortgage insurance loss reserves were $485.2 million as of
            March&#160;31, 2018, compared to $507.6 million as of December&#160;31,
            2017, and $726.2 million as of March&#160;31, 2017.
          </li>
        </ul>
      </li>
      <li style="margin-bottom: 10.0px">
        Total mortgage insurance claims paid were $59.9 million in the first
        quarter of 2018, compared to $85.5 million in the fourth quarter of
        2017, and $82.1 million in the first quarter of 2017. In addition, the
        company&#8217;s pending claim inventory declined 48 percent from March&#160;31,
        2017.
      </li>
    </ul>
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        </div>
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        <div style="text-align: center">

        </div>
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          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <i>Mortgage and Real Estate Services</i>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Total revenues for the first quarter of 2018 were $34.2 million,
        compared to $40.7 million for the fourth quarter of 2017, and $40.1
        million for the first quarter of 2017.
      </li>
      <li style="margin-bottom: 10.0px">
        The adjusted pretax operating loss before corporate allocations for
        the quarter ended March&#160;31, 2018, was $0.4 million, compared to income
        of $2.9 million for the quarter ended December&#160;31, 2017, and a loss of
        $1.2 million for the quarter ended March&#160;31, 2017.
      </li>
      <li style="margin-bottom: 10.0px">
        Adjusted earnings before interest, income taxes, depreciation and
        amortization (Services adjusted EBITDA) for the quarter ended
        March&#160;31, 2018, was $0.5 million, compared to income of $3.8 million
        for the quarter ended December&#160;31, 2017, and a loss of $0.3 million
        for the quarter ended March&#160;31, 2017. Additional details regarding the
        non-GAAP measure Services adjusted EBITDA may be found in Exhibits E,
        F and G.
      </li>
      <li style="margin-bottom: 10.0px">
        During the first quarter, Radian acquired Entitle Direct Group, Inc.,
        a national title insurance and settlement services company. While the
        financial terms of the transaction were immaterial to Radian, the
        acquisition is consistent with the company's growth and
        diversification strategy, as well as its focus on the core product
        offerings of its Services business. The combination of Entitle
        Direct's 40-state title insurance licenses and ValuAmerica, Radian's
        existing title agency, expands the company's geographic reach for
        title services and positions Radian to provide its customers across
        the country with title insurance and settlement services.
      </li>
      <li style="margin-bottom: 10.0px">
        In order to reposition its Services business to achieve sustained
        profitability, in 2017 Radian committed to a restructuring plan and
        incurred related pretax charges of $17.3 million. During the first
        quarter of 2018, pretax charges of $0.6 million were incurred, and
        additional charges related to the restructuring of approximately $3.1
        million are expected to be incurred under this plan and to be
        recognized by December 31, 2018.
      </li>
    </ul>
    <p>
      <i>Consolidated Expenses and Operating Leverage</i>
    </p>
    <p>
      Other operating expenses were $63.2 million in the first quarter of
      2018, compared to $66.0 million in the fourth quarter of 2017, and $68.4
      million in the first quarter of 2017.
    </p>
    <p>
      While other operating expenses in the first quarter of 2018 declined 8
      percent year over year, revenue grew modestly over the same period,
      primarily driven by a 9 percent increase in net premiums earned. These
      results are consistent with Radian's long-term strategic objective of
      increasing operating leverage through accretive revenue growth and
      disciplined expense management.
    </p>
    <p>
      <b>CAPITAL AND LIQUIDITY UPDATE</b>
    </p>
    <p>
      Radian Group maintained approximately $200 million of available
      liquidity as of March&#160;31, 2018. Total liquidity, which includes the
      company&#8217;s $225 million unsecured revolving credit facility entered into
      in October 2017, was approximately $425 million as of March 31, 2018.
      The company remains focused on improving its capital position, enhancing
      its return on capital, and increasing its financial flexibility, as well
      as positioning Radian Group for a return to investment grade ratings.
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        During the first quarter, Radian repurchased 531,013 shares, or
        approximately $10 million, of Radian Group common stock. In April, the
        company purchased an additional 924,720 shares, or approximately $15
        million, of Radian Group common stock. Under the current share
        repurchase authorization, which expires on July 31, 2018, the company
        maintains the flexibility to repurchase shares opportunistically from
        time to time, up to an additional $25 million, subject to its 10b5-1
        plan and based on market and business conditions, stock price and
        other factors.
      </li>
      <li style="margin-bottom: 10.0px">
        In April 2018, Radian was notified that the Joint Committee on
        Taxation had no objection to the terms of the company's previously
        disclosed proposed settlement with the IRS, which we now expect to
        occur within the next several months.&#160; While the expected impact of
        the final settlement will reduce Radian's available holding company
        liquidity by approximately $35 million, the company expects to
        recognize in the second quarter a net positive impact to tax expense,
        net income and book value of approximately $0.14 per share.&#160; This
        estimated benefit is primarily related to the lower than expected
        interest accrued on the tax deficiency and the impact of the
        remeasurement of the company's deferred taxes, due to the enactment of
        tax reform during the fourth quarter of 2017.&#160; This amount does not
        include any potential related benefit from the impact on state income
        taxes, which has not yet been determined.
      </li>
      <li style="margin-bottom: 10.0px">
        As previously announced, Radian Guaranty received the proposed changes
        to the Private Mortgage Insurer Eligibility Requirements (PMIERs).
        Based on this information, which has been subject to comment by the
        private mortgage insurance industry, Radian expects to be able to
        fully comply with the proposed PMIERs and to maintain an excess of
        Available Assets over Minimum Required Assets under the PMIERs as of
        the expected effective date in late 2018, without a need to take
        further actions to do so. The company&#8217;s expectation is not dependent
        upon the existing surplus note and is based on its projections for
        positive operating results in 2018, its strong capital position and
        the benefits of its reinsurance programs.
      </li>
    </ul>
    <p>
      <b>CONFERENCE CALL</b>
    </p>
    <p>
      Radian will discuss first quarter financial results in a conference call
      today, Thursday, April 26, 2018, at 10:00 a.m. Eastern time. The
      conference call will be broadcast live over the Internet at <u>http://www.radian.biz/page?name=Webcasts</u>
      or at <u>www.radian.biz</u>. The call may also be accessed by dialing
      800.398.9389 inside the U.S., or 612.332.0718 for international callers,
      using passcode 447268 or by referencing Radian.
    </p>
    <p>
      A replay of the webcast will be available on the Radian website
      approximately two hours after the live broadcast ends for a period of
      one year. A replay of the conference call will be available
      approximately two and a half hours after the call ends for a period of
      two weeks, using the following dial-in numbers and passcode:
      800.475.6701 inside the U.S., or 320.365.3844 for international callers,
      passcode 447268.
    </p>
    <p>
      In addition to the information provided in the company's earnings news
      release, other statistical and financial information, which is expected
      to be referred to during the conference call, will be available on
      Radian's website under Investors &gt; Quarterly Results, or by clicking on <u>http://www.radian.biz/page?name=QuarterlyResults</u>.
    </p>
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        <div style="text-align: center">

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        </div>
      </div>
    </div>
    <p>
      <b>NON-GAAP FINANCIAL MEASURES</b>
    </p>
    <p>
      Radian believes that adjusted pretax operating income, adjusted diluted
      net operating income per share and adjusted net operating return on
      equity (non-GAAP measures) facilitate evaluation of the company&#8217;s
      fundamental financial performance and provide relevant and meaningful
      information to investors about the ongoing operating results of the
      company. On a consolidated basis, these measures are not recognized in
      accordance with accounting principles generally accepted in the United
      States of America (GAAP) and should not be considered in isolation or
      viewed as substitutes for GAAP measures of performance. The measures
      described below have been established in order to increase transparency
      for the purpose of evaluating the company&#8217;s operating trends and
      enabling more meaningful comparisons with Radian&#8217;s competitors.
    </p>
    <p>
      Adjusted pretax operating income is defined as earnings excluding the
      impact of certain items that are not viewed as part of the operating
      performance of the company&#8217;s primary activities, or not expected to
      result in an economic impact equal to the amount reflected in pretax
      income (loss). Adjusted pretax operating income adjusts GAAP pretax
      income (loss) to remove the effects of: (i) net gains (losses) on
      investments and other financial instruments; (ii) loss on induced
      conversion and debt extinguishment; (iii) acquisition-related expenses;
      (iv) amortization or impairment of goodwill and other intangible assets;
      and (v) net impairment losses recognized in earnings and losses from the
      sale of business lines. Adjusted diluted net operating income per share
      represents a diluted net income per share calculation using as its basis
      adjusted pretax operating income, net of taxes at the company&#8217;s
      statutory tax rate for the period. Adjusted net operating return on
      equity is calculated by dividing annualized adjusted pretax operating
      income, net of taxes computed using the company's statutory tax rate, by
      average stockholders' equity, based on the average of the beginning and
      ending balances for each period presented.
    </p>
    <p>
      The company has also presented a non-GAAP measure for tangible book
      value per share, which represents book value per share less the
      per-share impact of goodwill and other intangible assets, net. The
      company uses this measure to assess the quality and growth of its
      capital. Because tangible book value per share is a widely used
      financial measure which focuses on the underlying fundamentals of the
      company&#8217;s financial position and operating trends without the impact of
      goodwill and other intangible assets, the company believes that current
      and prospective investors may find it useful in their analysis.
    </p>
    <p>
      In addition to the above non-GAAP measures for the consolidated company,
      the company also presents as supplemental information a non-GAAP measure
      for the Services segment, representing earnings before interest, income
      tax provision (benefit), depreciation and amortization (EBITDA).
      Services adjusted EBITDA is calculated by using the Services segment&#8217;s
      adjusted pretax operating income as described above, further adjusted to
      remove the impact of depreciation and corporate allocations for interest
      and operating expenses. Services adjusted EBITDA is presented to
      facilitate comparisons with other services companies, since it is a
      widely accepted measure of performance in the services industry.
    </p>
    <p>
      See Exhibit F or Radian&#8217;s website for a description of these items, as
      well as Exhibit G for reconciliations to the most comparable
      consolidated GAAP measures.
    </p>
    <p>
      <b>ABOUT RADIAN</b>
    </p>
    <p>
      Radian Group Inc. (NYSE: RDN), headquartered in Philadelphia, provides
      private mortgage insurance, risk management products and real estate
      services to financial institutions. Radian offers products and services
      through two business segments:
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        <b>Mortgage Insurance</b>, through its principal mortgage insurance
        subsidiary Radian Guaranty Inc. This private mortgage insurance helps
        protect lenders from default-related losses, facilitates the sale of
        low-downpayment mortgages in the secondary market and enables
        homebuyers to purchase homes more quickly with downpayments less than
        20%.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Mortgage and Real Estate Services</b>, through its principal
        services subsidiary Clayton, as well as Entitle Direct, Green River
        Capital, Red Bell Real Estate and ValuAmerica. These solutions include
        information and services that financial institutions, investors and
        government entities use to evaluate, acquire, securitize, service and
        monitor loans and asset-backed securities.
      </li>
    </ul>
    <p>
      Additional information may be found at <u>www.radian.biz</u>.
    </p>
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        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="4">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="4" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>FINANCIAL RESULTS AND SUPPLEMENTAL INFORMATION CONTENTS
            (Unaudited)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="4" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            For historical trend information, refer to Radian&#8217;s quarterly
            financial statistics at <u>http://www.radian.biz/page?name=FinancialReportsCorporate</u>.
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="4">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit A:
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Condensed Consolidated Statements of Operations Trend Schedule
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit B:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Net Income (Loss) Per Share Trend Schedule
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit C:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Condensed Consolidated Balance Sheets
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit D:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Net Premiums Earned - Insurance and Restructuring and Other Exit
          Costs
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit E:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Segment Information
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit F:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Definition of Consolidated Non-GAAP Financial Measures
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit G:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Consolidated Non-GAAP Financial Measure Reconciliations
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit H:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Mortgage Insurance Supplemental Information
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          New Insurance Written
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit I:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Mortgage Insurance Supplemental Information
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Primary Insurance in Force and Risk in Force
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit J:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Mortgage Insurance Supplemental Information
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Claims and Reserves
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit K:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Mortgage Insurance Supplemental Information
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Default Statistics
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit L:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Mortgage Insurance Supplemental Information
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          QSR Transactions, Captives and Persistency
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
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        </div>
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    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="15">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Condensed Consolidated Statements of Operations Trend Schedule</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Exhibit A</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="15">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="15" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>(In thousands, except per-share amounts)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>Qtr 1</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 3
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 1
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Revenues:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net premiums earned - insurance</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>242,550</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          245,175
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          236,702
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          229,096
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          221,800
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Services revenue</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>33,164</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          39,703
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          39,571
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          37,802
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          38,027
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net investment income</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>33,956</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          33,605
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          32,540
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          30,071
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          31,032
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net gains (losses) on investments and other financial instruments</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(18,887</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (1,339
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2,480
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          5,331
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (2,851
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Other income</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>807</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          768
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          760
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          612
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          746
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Total revenues</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>291,590</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          317,912
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          312,053
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          302,912
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          288,754
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Expenses:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Provision for losses</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>37,283</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          35,178
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          35,841
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          17,222
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          46,913
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Policy acquisition costs</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>7,117</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          5,871
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          5,554
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          6,123
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          6,729
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Cost of services</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>23,126</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          23,349
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          27,240
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          25,635
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          28,375
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Other operating expenses</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>63,243</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          65,999
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          64,195
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          68,750
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          68,377
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Restructuring and other exit costs</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>551</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          5,230
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          12,038
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Interest expense</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>15,080</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          14,929
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          15,715
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          16,179
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          15,938
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Loss on induced conversion and debt extinguishment</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          45,766
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,247
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          4,456
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Impairment of goodwill</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          184,374
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Amortization and impairment of other intangible assets</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>2,748</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          2,629
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          2,890
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          18,856
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          3,296
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Total expenses</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>149,148</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          153,185
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          209,239
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          338,386
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          174,084
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Pretax income (loss)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>142,442</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          164,727
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          102,814
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (35,474
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          114,670
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Income tax provision (benefit)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>27,956</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          157,911
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          37,672
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (8,132
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          38,198
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net income (loss)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>114,486</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          6,816
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          65,142
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          (27,342
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          76,472
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Diluted net income (loss) per share</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>0.52</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          0.03
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          0.30
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          (0.13
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          0.34
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>Selected Mortgage Insurance Key Ratios</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Loss ratio (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>15.4</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          14.4
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          15.2
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          7.7
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          21.3
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Expense ratio (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>23.7</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          23.0
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          22.9
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          26.2
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          27.1
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(1)&#160;&#160;Calculated on a GAAP basis using net premiums earned.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="21">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="15">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Net Income (Loss) Per Share Trend Schedule</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Exhibit B</b>
        </td>
      </tr>
      <tr>
        <td colspan="21">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>The calculation of basic and diluted net income (loss) per share
          was as follows:</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="15">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="15" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>(In thousands, except per-share amounts)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>Qtr 1</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 3
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 1
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Net income (loss)&#8212;basic</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>114,486</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          6,816
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          65,142
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          (27,342
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          76,472
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Adjustment for dilutive Convertible Senior Notes due 2019, net of
          tax (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (215
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 20.0px; text-align: left" valign="bottom">
          <b>Net income (loss)&#8212;diluted</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>114,486</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          6,816
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          65,142
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          (27,342
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          76,257
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Average common shares outstanding&#8212;basic</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>215,967</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          215,623
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          215,279
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          215,152
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          214,925
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Dilutive effect of Convertible Senior Notes due 2017 (2)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          16
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          701
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Dilutive effect of Convertible Senior Notes due 2019</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,854
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Dilutive effect of stock-based compensation arrangements (2)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>3,916</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          4,618
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          4,096
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          4,017
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Adjusted average common shares outstanding&#8212;diluted</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          <b>219,883</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          220,250
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          219,391
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          215,152
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          221,497
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Basic net income (loss) per share</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>0.53</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          0.03
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          0.30
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          (0.13
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          0.36
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Diluted net income (loss) per share</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>0.52</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          0.03
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          0.30
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          (0.13
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          0.34
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>As applicable, includes coupon interest, amortization of
            discount and fees, and other changes in income or loss that would
            result from the assumed conversion. Included in the three months
            ended March 31, 2017 is a benefit related to our adjustment of
            estimated accrued expense to actual amounts, as a result of the
            January 2017 settlement of our obligations on the remaining
            Convertible Senior Notes due 2019.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(2)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>There are no Convertible Senior Notes outstanding at December
            31, 2017, or in subsequent periods. There were no dilutive shares
            for the three months ended June 30, 2017, as a result of our net
            loss for the period. The following number of shares of our common
            stock equivalents issued under our share-based compensation
            arrangements and our convertible debt were not included in the
            calculation of diluted net income (loss) per share because they
            were anti-dilutive:</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="10" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>(In thousands)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>Qtr 1</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          Qtr 3
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          Qtr 1
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Shares of common stock equivalents</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>170</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          170
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          676
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          5,975
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          445
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Shares of Convertible Senior Notes due 2017</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          509
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          &#8212;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="22" valign="top">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="22" valign="top">
          <b>Condensed Consolidated Balance Sheets</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="22" valign="top">
          <b>Exhibit C</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          <b>March 31,</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          December 31,
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          September 30,
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          June 30,
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          March 31,
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>(In thousands, except per-share data)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          2017
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          2017
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          2017
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Assets:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Investments</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>4,668,217</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          4,643,942
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          4,546,664
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          4,583,842
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          4,437,716
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Cash</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>122,481</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          80,569
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          61,917
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          56,918
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          73,701
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Restricted cash</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>7,623</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          15,675
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          36,888
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          25,486
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          12,689
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Accounts and notes receivable</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>80,068</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          72,558
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          97,020
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          78,540
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          73,794
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Deferred income taxes, net</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>253,381</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          229,567
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          356,181
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          389,759
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          369,209
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Goodwill and other intangible assets, net</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>61,465</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          64,212
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          66,967
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          69,857
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          273,068
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Prepaid reinsurance premium</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>390,241</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          386,509
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          239,620
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          235,349
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          230,148
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Other assets</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>426,773</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          407,849
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          439,016
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          377,355
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          357,435
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total assets</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>6,010,249</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          5,900,881
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          5,844,273
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          5,817,106
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          5,827,760
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Liabilities and stockholders&#8217; equity:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Unearned premiums</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>723,100</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          723,938
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          717,589
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          702,210
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          684,797
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Reserve for losses and loss adjustment expense</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>488,656</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          507,588
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          556,488
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          651,591
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          726,169
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Senior notes</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>1,027,875</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,027,074
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,026,806
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          989,010
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,008,777
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Reinsurance funds withheld</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>305,409</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          288,398
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          194,353
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          180,991
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          167,427
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Other liabilities</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>412,793</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          353,845
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          360,835
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          379,144
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          319,282
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total liabilities</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>2,957,833</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          2,900,843
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          2,856,071
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          2,902,946
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          2,906,452
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Equity component of currently redeemable convertible senior notes</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          16
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          883
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Common stock</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>233</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          233
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          233
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          233
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          233
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Treasury stock</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(894,191</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (893,888
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (893,754
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (893,531
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (893,372
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Additional paid-in capital</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>2,748,233</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2,754,275
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2,747,393
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2,743,872
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2,743,594
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Retained earnings</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>1,229,616</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,116,333
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,110,057
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,045,453
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,073,333
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Accumulated other comprehensive income (loss)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>(31,475</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          23,085
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          24,273
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          18,117
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (3,363
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total stockholders&#8217; equity</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>3,052,416</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          3,000,038
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          2,988,202
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          2,914,144
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          2,920,425
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total liabilities and stockholders&#8217; equity</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>6,010,249</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          5,900,881
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          5,844,273
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          5,817,106
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          5,827,760
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Shares outstanding</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>215,543</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          215,814
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          215,299
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          215,175
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          215,091
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Book value per share</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>14.16</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          13.90
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          13.88
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          13.54
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          13.58
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Tangible book value per share (See Exhibit G)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>13.88</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          13.60
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          13.57
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          13.22
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          12.31
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>Statutory Capital Ratios</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Risk to capital ratio-Radian Guaranty only</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>12.6</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>:1</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>(1)</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          12.8
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          :1
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          14.4
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          :1
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          14.3
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          :1
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          14.3
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          :1
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Risk to capital ratio-Mortgage Insurance combined</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>11.9</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>:1</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>(1)</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          12.1
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          :1
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          13.4
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          :1
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          13.4
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          :1
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          13.4
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          :1
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(1)&#160;&#160;&#160;Preliminary.</b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="15">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Net Premiums Earned - Insurance and Restructuring and Other Exit
          Costs</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Exhibit D</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="15">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="15" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>(In thousands)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>Qtr 1</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 3
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 1
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Premiums earned - insurance:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Direct</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>258,743</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          260,184
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          250,541
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          243,229
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          236,062
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Assumed</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>6</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          7
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Ceded</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>(16,199</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (15,016
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (13,846
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (14,140
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (14,269
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 20.0px; text-align: left" valign="bottom">
          <b>Net premiums earned - insurance</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>242,550</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          245,175
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          236,702
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          229,096
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          221,800
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Notable variable items: (1)</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Single Premium Policy cancellations, direct</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>12,335</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          21,172
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          15,415
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          13,346
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          10,415
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Single Premium Policy cancellations, ceded (2)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>(3,301</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (3,934
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (3,075
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (2,622
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (2,103
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 20.0px; text-align: left" valign="bottom">
          <b>Single Premium Policy cancellations, net</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>9,034</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          17,238
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          12,340
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          10,724
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          8,312
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Profit commission - other (3)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>7,405</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          4,272
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          4,876
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          4,521
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          4,200
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Restructuring and other exit costs: (4)</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Employee severance, related benefits and other exit costs (5)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>525</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          1,365
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          5,463
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Impairment of other long-lived assets and loss from the sale of a
          business line (6)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>26</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          3,865
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          6,575
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 30.0px; text-align: left" valign="bottom">
          <b>Total restructuring and other exit costs</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>551</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          5,230
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          12,038
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>These amounts are included in net premiums earned - insurance.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(2)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Includes the impact of related profit commissions.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(3)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>The amounts represent the profit commission on the Single
            Premium QSR Transactions, excluding impact of Single Premium
            Policy cancellations.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(4)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Represents the charges associated with our plan to restructure
            the Services business.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(5)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Employee severance, related benefits and other exit costs are
            components of adjusted pretax operating income.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(6)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Impairment of other long-lived assets and loss from the sale of
            a business line are not components of adjusted pretax operating
            income. The amount for the three months ended December 31, 2017
            primarily relates to the loss on the sale of our EuroRisk
            business, which was completed during the fourth quarter of 2017.
            The amounts for the three months ended March 31, 2018 and
            September 30, 2017 relate to the impairment of other long-lived
            assets. See Exhibit F for additional information on our non-GAAP
            financial measures.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Radian Group Inc. and Subsidiaries</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Segment Information</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Exhibit E (page 1 of 2)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Summarized financial information concerning our operating segments
          as of and for the periods indicated is as follows. For a definition
          of adjusted pretax operating income and Services adjusted EBITDA,
          along with reconciliations to consolidated GAAP measures, see
          Exhibits F and G.
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="21">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="21" valign="bottom">
          <b>Mortgage Insurance</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="17" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>(In thousands)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>Qtr 1</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 3
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 1
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net premiums written - insurance</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>237,980</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          104,635
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>(1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          247,810
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          241,307
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          224,665
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>(Increase) decrease in unearned premiums</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>4,570</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          140,540
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (11,108
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (12,211
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (2,865
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net premiums earned - insurance</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>242,550</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          245,175
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          236,702
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          229,096
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          221,800
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net investment income</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>33,956</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          33,605
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          32,540
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          30,071
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          31,032
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Other income</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>807</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          768
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          760
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          612
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          746
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Total</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>277,313</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          279,548
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          270,002
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          259,779
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          253,578
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Provision for losses</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>37,391</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          35,257
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          35,980
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          17,714
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          47,232
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Policy acquisition costs</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>7,117</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          5,871
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          5,554
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          6,123
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          6,729
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Other operating expenses before corporate allocations</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>31,888</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          36,806
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          36,941
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          37,939
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          39,289
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 20.0px; text-align: left" valign="bottom">
          <b>Total (2)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>76,396</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          77,934
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          78,475
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          61,776
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          93,250
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Adjusted pretax operating income before corporate allocations</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>200,917</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          201,614
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          191,527
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          198,003
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          160,328
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Allocation of corporate operating expenses</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>18,577</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          13,624
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          11,737
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          15,894
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          14,186
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Allocation of interest expense</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>10,629</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          10,477
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          11,282
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          11,748
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          11,509
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Adjusted pretax operating income</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>171,711</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          177,513
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          168,508
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          170,361
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          134,633
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="19">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="19" valign="bottom">
          <b>Services</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="15" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>(In thousands)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>Qtr 1</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 3
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 1
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Services revenue (2)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>34,166</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          40,707
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          41,062
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          39,975
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          40,089
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Cost of services</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>23,270</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          23,616
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          27,544
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          25,962
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          28,690
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Other operating expenses before corporate allocations</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>10,744</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          12,781
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          12,781
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          12,803
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          12,604
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Restructuring and other exit costs (3)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>525</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          1,365
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          5,463
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 20.0px; text-align: left" valign="bottom">
          <b>Total</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>34,539</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          37,762
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          45,788
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          38,765
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          41,294
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Adjusted pretax operating income (loss) before corporate
          allocations (4)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(373</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2,945
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (4,726
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,210
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (1,205
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Allocation of corporate operating expenses</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>2,784</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          3,467
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          3,730
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          3,404
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          3,718
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Allocation of interest expense</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>4,451</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          4,452
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          4,433
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          4,431
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          4,429
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Adjusted pretax operating income (loss)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>(7,608</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          (4,974
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          (12,889
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          (6,625
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          (9,352
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Effective December 31, 2017, we amended the 2016 Single Premium
            QSR Transaction to increase the amount of ceded risk for 2015
            through 2017 vintages under the agreement from 35% to 65%,
            resulting in a reduction of $145.7 million in net premiums written
            for the fourth quarter of 2017.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="3" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>See notes continued on next page.</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="3" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Radian Group Inc. and Subsidiaries</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="3" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Segment Information</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="3" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Exhibit E (page 2 of 2)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="3" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Notes continued from prior page.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(2)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Inter-segment information:</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="14" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>Qtr 1</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 3
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          Qtr 1
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Inter-segment expense included in Mortgage Insurance segment</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>1,002</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          1,004
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          1,491
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          2,173
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          2,062
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Inter-segment revenue included in Services segment</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>1,002</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,004
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,491
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2,173
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2,062
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(3)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Primarily includes employee severance and related benefit
            costs. Does not include impairment of long-lived assets and loss
            from the sale of a business line, which are not considered
            components of adjusted pretax operating income (loss).</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(4)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Supplemental information for Services adjusted EBITDA (see
            definition in Exhibit F):</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="15" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>Qtr 1</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 3
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 1
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Adjusted pretax operating income (loss) before corporate
          allocations</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>(373</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          2,945
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          (4,726
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          1,210
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          (1,205
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-bottom: 2.0px; padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Depreciation and amortization</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>867</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          893
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          1,172
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          835
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          858
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-bottom: 4.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Services adjusted EBITDA</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>494</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          3,838
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          (3,554
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          2,045
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          (347
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Selected balance sheet information for our segments, as of the
            periods indicated, is as follows:</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="10">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="10" valign="bottom">
          <b>At March 31, 2018</b>
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>(In thousands)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Mortgage</b><br><b>Insurance</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>Services</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>Total</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total assets</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>5,843,685</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>166,564</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>6,010,249</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="10">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="10">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="10" valign="bottom">
          At December 31, 2017
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>(In thousands)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Mortgage<br>Insurance
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Services
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          Total
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total assets</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          5,733,918
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          166,963
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          5,900,881
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Radian Group Inc. and Subsidiaries</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Definition of Consolidated Non-GAAP Financial Measures</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Exhibit F (page 1 of 2)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i>Use of Non-GAAP Financial Measures</i>
          </p>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          In addition to the traditional GAAP financial measures, we have
          presented &#8220;adjusted pretax operating income,&#8221; &#8220;adjusted diluted net
          operating income per share&#8221; and &quot;adjusted net operating return on
          equity,&quot; non-GAAP financial measures for the consolidated company,
          among our key performance indicators to evaluate our fundamental
          financial performance. These non-GAAP financial measures align with
          the way the Company&#8217;s business performance is evaluated by both
          management and the board of directors. These measures have been
          established in order to increase transparency for the purposes of
          evaluating our operating trends and enabling more meaningful
          comparisons with our peers. Although on a consolidated basis
          &#8220;adjusted pretax operating income,&#8221; &#8220;adjusted diluted net operating
          income per share&#8221; and &quot;adjusted net operating return on equity&quot; are
          non-GAAP financial measures, we believe these measures aid in
          understanding the underlying performance of our operations. Our
          senior management, including our Chief Executive Officer (Radian's
          chief operating decision maker), uses adjusted pretax operating
          income (loss) as our primary measure to evaluate the fundamental
          financial performance of the Company&#8217;s business segments and to
          allocate resources to the segments.
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Adjusted pretax operating income is defined as GAAP consolidated
          pretax income (loss) excluding the effects of: (i) net gains
          (losses) on investments and other financial instruments; (ii) loss
          on induced conversion and debt extinguishment; (iii)
          acquisition-related expenses; (iv) amortization or impairment of
          goodwill and other intangible assets; and (v) net impairment losses
          recognized in earnings and losses from the sale of lines of
          business. Adjusted diluted net operating income per share is
          calculated by dividing (i) adjusted pretax operating income
          attributable to common shareholders, net of taxes computed using the
          company&#8217;s statutory tax rate, by (ii) the sum of the weighted
          average number of common shares outstanding and all dilutive
          potential common shares outstanding. Interest expense on convertible
          debt, share dilution from convertible debt and the impact of
          share-based compensation arrangements have been reflected in the per
          share calculations consistent with the accounting standard regarding
          earnings per share, whenever the impact is dilutive. Adjusted net
          operating return on equity is calculated by dividing annualized
          adjusted pretax operating income, net of taxes computed using the
          company's statutory tax rate, by average stockholders' equity, based
          on the average of the beginning and ending balances for each period
          presented.
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Although adjusted pretax operating income excludes certain items
          that have occurred in the past and are expected to occur in the
          future, the excluded items represent those that are: (i) not viewed
          as part of the operating performance of our primary activities or
          (ii) not expected to result in an economic impact equal to the
          amount reflected in pretax income (loss). These adjustments, along
          with the reasons for their treatment, are described below.
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          (1)
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i>Net gains (losses) on investments and other financial
            instruments.</i> The recognition of realized investment gains or
            losses can vary significantly across periods as the activity is
            highly discretionary based on the timing of individual securities
            sales due to such factors as market opportunities, our tax and
            capital profile and overall market cycles. Unrealized investment
            gains and losses arise primarily from changes in the market value
            of our investments that are classified as trading securities.
            These valuation adjustments may not necessarily result in realized
            economic gains or losses.
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Trends in the profitability of our fundamental operating activities
          can be more clearly identified without the fluctuations of these
          realized and unrealized gains or losses. We do not view them to be
          indicative of our fundamental operating activities. Therefore, these
          items are excluded from our calculation of adjusted pretax operating
          income (loss).
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          (2)
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i>Loss on induced conversion and debt extinguishment. </i>Gains
            or losses on early extinguishment of debt and losses incurred to
            purchase our convertible debt prior to maturity are discretionary
            activities that are undertaken in order to take advantage of
            market opportunities to strengthen our financial and capital
            positions; therefore, we do not view these activities as part of
            our operating performance. Such transactions do not reflect
            expected future operations and do not provide meaningful insight
            regarding our current or past operating trends. Therefore, these
            items are excluded from our calculation of adjusted pretax
            operating income (loss).
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          (3)
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i>Acquisition-related expenses.</i> Acquisition-related expenses
            represent the costs incurred to effect an acquisition of a
            business (i.e., a business combination). Because we pursue
            acquisitions on a strategic and selective basis and not in the
            ordinary course of our business, we do not view
            acquisition-related expenses as a consequence of a primary
            business activity. Therefore, we do not consider these expenses to
            be part of our operating performance and they are excluded from
            our calculation of adjusted pretax operating income (loss).
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Radian Group Inc. and Subsidiaries</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Definition of Consolidated Non-GAAP Financial Measures</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Exhibit F (page 2 of 2)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (4)
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i>Amortization or impairment of goodwill and other intangible
            assets. </i>Amortization of intangible assets represents the
            periodic expense required to amortize the cost of intangible
            assets over their estimated useful lives. Intangible assets with
            an indefinite useful life are also periodically reviewed for
            potential impairment, and impairment adjustments are made whenever
            appropriate. These charges are not viewed as part of the operating
            performance of our primary activities and therefore are excluded
            from our calculation of adjusted pretax operating income (loss).
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (5)
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i>Net impairment losses recognized in earnings and losses from
            the sale of lines of business.</i> The recognition of net
            impairment losses on investments and the impairment of other
            long-lived assets does not result in a cash payment and can vary
            significantly in both amount and frequency, depending on market
            credit cycles and other factors. Losses from the sale of lines of
            business are highly discretionary as a result of strategic
            restructuring decisions, and generally do not occur in the normal
            course of our business. We do not view these losses to be
            indicative of our fundamental operating activities. Therefore,
            whenever these losses occur, we exclude them from our calculation
            of adjusted pretax operating income (loss).
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          We have also presented a non-GAAP measure for tangible book value
          per share, which represents book value per share less the per-share
          impact of goodwill and other intangible assets, net. We use this
          measure to assess the quality and growth of our capital. Because
          tangible book value per share is a widely-used financial measure
          which focuses on the underlying fundamentals of our financial
          position and operating trends without the impact of goodwill and
          other intangible assets, we believe that current and prospective
          investors may find it useful in their analysis of the Company.
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          In addition to the above non-GAAP measures for the consolidated
          company, we also have presented as supplemental information a
          non-GAAP measure for our Services segment, representing a measure of
          earnings before interest, income tax provision (benefit),
          depreciation and amortization (&#8220;EBITDA&#8221;). We calculate Services
          adjusted EBITDA by using adjusted pretax operating income as
          described above, further adjusted to remove the impact of
          depreciation and corporate allocations for interest and operating
          expenses. We have presented Services adjusted EBITDA to facilitate
          comparisons with other services companies, since it is a widely
          accepted measure of performance in the services industry.
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          See Exhibit G for the reconciliation of the most comparable GAAP
          measures, consolidated pretax income (loss), diluted net income
          (loss) per share, return on equity and book value per share, to our
          non-GAAP financial measures for the consolidated company, adjusted
          pretax operating income, adjusted diluted net operating income per
          share, adjusted net operating return on equity, and tangible book
          value per share, respectively. Exhibit G also contains the
          reconciliation of the most comparable GAAP measure, net income
          (loss), to Services adjusted EBITDA.
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Total adjusted pretax operating income, adjusted diluted net
          operating income per share, adjusted net operating return on equity,
          tangible book value per share and Services adjusted EBITDA should
          not be considered in isolation or viewed as substitutes for GAAP
          pretax income (loss), diluted net income (loss) per share, return on
          equity, book value per share or net income (loss). Our definitions
          of adjusted pretax operating income, adjusted diluted net operating
          income per share, adjusted net operating return on equity, tangible
          book value per share or Services adjusted EBITDA may not be
          comparable to similarly-named measures reported by other companies.
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Radian Group Inc. and Subsidiaries</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Consolidated Non-GAAP Financial Measure Reconciliations</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Exhibit G (page 1 of 4)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="16">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" colspan="22" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Reconciliation of Consolidated Pretax Income (Loss) to Adjusted
            Pretax Operating Income</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="16">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="16" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>(In thousands)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>Qtr 1</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 3
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td colspan="2">
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 1
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Consolidated pretax income (loss)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>142,442</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          164,727
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          102,814
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          (35,474
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td colspan="2">

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          114,670
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Less reconciling income (expense) items:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td colspan="2">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Net gains (losses) on investments and other financial instruments</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(18,887</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (1,339
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2,480
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          5,331
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (2,851
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Loss on induced conversion and debt extinguishment</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (45,766
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (1,247
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td colspan="2">

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (4,456
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Acquisition-related expenses (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          21
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (54
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (64
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td colspan="2">

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (8
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Impairment of goodwill</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (184,374
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td colspan="2">

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Amortization and impairment of other intangible assets</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(2,748</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (2,629
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (2,890
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (18,856
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td colspan="2">

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (3,296
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Impairment of other long-lived assets and loss from the sale of a
          business line (2)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>(26</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (3,865
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (6,575
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; padding-bottom: 2.0px; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total adjusted pretax operating income (3)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>164,103</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          172,539
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          155,619
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          163,736
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          125,281
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Please see Exhibit F for the definition of this line item. This
            item is included within other operating expenses on the Condensed
            Consolidated Statement of Operations in Exhibit A.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(2)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>This item is included within restructuring and other exit costs
            on the Condensed Consolidated Statement of Operations in Exhibit A.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(3)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Total adjusted pretax operating income consists of adjusted
            pretax operating income (loss) for each segment as follows:</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="15" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>(In thousands)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>Qtr 1</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 3
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 1
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Adjusted pretax operating income (loss):</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Mortgage Insurance</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>171,711</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          177,513
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          168,508
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          170,361
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          134,633
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-bottom: 2.0px; padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Services</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>(7,608</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (4,974
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (12,889
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (6,625
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (9,352
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total adjusted pretax operating income</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>164,103</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          172,539
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          155,619
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          163,736
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          125,281
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="17">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="23" valign="top">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="23" valign="top">
          <b>Consolidated Non-GAAP Financial Measure Reconciliations</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="23" valign="top">
          <b>Exhibit G (page 2 of 4)</b>
        </td>
      </tr>
      <tr>
        <td colspan="23">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" colspan="23" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Reconciliation of Diluted Net Income (Loss) Per Share to
            Adjusted Diluted Net Operating Income Per Share</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="17">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="17" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>Qtr 1</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 3
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 1
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Diluted net income (loss) per share</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>0.52</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          0.03
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          0.30
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          (0.13
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          0.34
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Less per-share impact of reconciling income (expense) items:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Net gains (losses) on investments and other financial instruments</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(0.09</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.01
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          0.01
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          0.02
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.01
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Loss on induced conversion and debt extinguishment</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.14
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.01
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.01
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Acquisition-related expenses</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Impairment of goodwill</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.86
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Amortization and impairment of other intangible assets</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(0.01</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.01
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.01
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.09
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.01
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Impairment of other long-lived assets and loss from the sale of a
          business line</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.02
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.03
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Income tax provision (benefit) on reconciling income (expense)
            items (1)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(0.02</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.01
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.01
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.32
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.01
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Difference between statutory and effective tax rate</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>0.01</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (0.45
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-bottom: 2.0px; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>(2)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (0.01
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 20.0px; text-align: left" valign="bottom">
          <b>Per-share impact of reconciling income (expense) items</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>(0.07</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (0.48
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (0.16
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (0.62
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (0.03
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Add per-share impact of share dilution</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (0.01
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Adjusted diluted net operating income per share (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>0.59</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          0.51
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          0.46
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          0.48
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          0.37
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Calculated using the company's federal statutory tax rates of
            21% and 35% for 2018 and 2017, respectively. Any permanent tax
            adjustments and state income taxes on these items have been deemed
            immaterial and are not included.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(2)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Includes $0.47 in additional tax expense related to the
            remeasurement of our net deferred tax assets as a result of the
            Tax Cuts and Jobs Act enacted in December 2017.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="7">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="7" valign="top">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="7" valign="top">
          <b>Consolidated Non-GAAP Financial Measure Reconciliations</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="7" valign="top">
          <b>Exhibit G (page 3 of 4)</b>
        </td>
      </tr>
      <tr>
        <td colspan="7">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" colspan="7" valign="bottom">
          <b>Reconciliation of Return on Equity to Adjusted Net Operating
          Return on Equity (1)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>2018</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>Qtr 1</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          Qtr 1
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 40.0px; text-align: left" valign="bottom">
          <b>Return on equity (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>15.1</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          10.6
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 40.0px; text-align: left" valign="bottom">
          <b>Less impact of reconciling income (expense) items: (2)</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 50.0px; text-align: left" valign="bottom">
          <b>Net gains (losses) on investments and other financial instruments</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>(2.5</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          (0.4
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 50.0px; text-align: left" valign="bottom">
          <b>Loss on induced conversion and debt extinguishment</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          (0.6
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 50.0px; text-align: left" valign="bottom">
          <b>Amortization and impairment of other intangible assets</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>(0.4</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          (0.5
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 50.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Income tax provision (benefit) on reconciling income (expense)
            items (3)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>(0.6</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          (0.5
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 50.0px; text-align: left" valign="bottom">
          <b>Difference between statutory and effective tax rate</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>0.3</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          0.4
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 60.0px; text-align: left" valign="bottom">
          <b>Impact of reconciling income (expense) items</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>(2.0</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          (0.6
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 40.0px; text-align: left" valign="bottom">
          <b>Adjusted net operating return on equity</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>17.1</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          11.2
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Calculated by dividing annualized net income by average
            stockholders' equity, based on the average of the beginning and
            ending balances for each period presented.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(2)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Annualized, as a percentage of average stockholders' equity.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(3)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Calculated using the company's federal statutory tax rates of
            21% and 35% for 2018 and 2017, respectively. Any permanent tax
            adjustments and state income taxes on these items have been deemed
            immaterial and are not included.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="20">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" colspan="20" valign="bottom">
          <b>Reconciliation of Book Value Per Share to Tangible Book Value Per
          Share (1)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="14" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>Qtr 1</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 3
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          Qtr 1
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Book value per share</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          14.16
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          13.90
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          13.88
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          13.54
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          13.58
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Less: Goodwill and other intangible assets, net per share</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          0.28
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          0.30
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          0.31
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          0.32
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          1.27
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Tangible book value per share</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          13.88
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          13.60
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          13.57
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          13.22
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          12.31
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>All book value per share items are calculated based on the
            number of shares outstanding at the end of each respective period.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="15">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Consolidated Non-GAAP Financial Measure Reconciliations</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Exhibit G (page 4 of 4)</b>
        </td>
      </tr>
      <tr>
        <td colspan="21">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" colspan="21" valign="top">
          <b>Reconciliation of Net Income (Loss) to Services Adjusted EBITDA</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="15">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="15" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>(In thousands)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>Qtr 1</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 3
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 1
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net income (loss)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>114,486</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          6,816
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          65,142
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          (27,342
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          76,472
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Less reconciling income (expense) items:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Net gains (losses) on investments and other financial instruments</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(18,887</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (1,339
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2,480
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          5,331
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (2,851
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Loss on induced conversion and debt extinguishment</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (45,766
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (1,247
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (4,456
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Acquisition-related expenses</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          21
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (54
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (64
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (8
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Impairment of goodwill</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (184,374
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Amortization and impairment of other intangible assets</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(2,748</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (2,629
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (2,890
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (18,856
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (3,296
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Impairment of other long-lived assets and loss from the sale of a
          business line</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(26</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (3,865
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (6,575
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Income tax provision (benefit)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>27,956</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          157,911
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          37,672
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (8,132
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          38,198
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Mortgage Insurance adjusted pretax operating income</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>171,711</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          177,513
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          168,508
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          170,361
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          134,633
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Services adjusted pretax operating income (loss)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(7,608</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (4,974
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (12,889
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (6,625
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (9,352
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Less reconciling income (expense) items:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Allocation of corporate operating expenses to Services</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(2,784</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (3,467
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (3,730
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (3,404
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (3,718
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Allocation of corporate interest expense to Services</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(4,451</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (4,452
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (4,433
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (4,431
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          (4,429
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Services depreciation and amortization</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>(867</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (893
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (1,172
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (835
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (858
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Services adjusted EBITDA</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>494</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            $
          </p>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            3,838
          </p>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            $
          </p>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (3,554
          </p>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            )
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            $
          </p>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            2,045
          </p>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            $
          </p>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (347
          </p>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            )
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            On a consolidated basis, &#8220;adjusted pretax operating income,&#8221;
            &#8220;adjusted diluted net operating income per share,&#8221; &#8220;adjusted net
            operating return on equity&#8221; and &#8220;tangible book value per share&#8221;
            are measures not determined in accordance with GAAP. &#8220;Services
            adjusted EBITDA&#8221; is also a non-GAAP measure. These measures should
            not be considered in isolation or viewed as substitutes for GAAP
            pretax income (loss), diluted net income (loss) per share, return
            on equity, book value per share or net income (loss). Our
            definitions of adjusted pretax operating income, adjusted diluted
            net operating income per share, adjusted net operating return on
            equity, tangible book value per share or Services adjusted EBITDA
            may not be comparable to similarly-named measures reported by
            other companies. See Exhibit F for additional information on our
            consolidated non-GAAP financial measures.
          </p>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="15">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Mortgage Insurance Supplemental Information - New Insurance
          Written</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Exhibit H</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="15">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="15" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>($ in millions)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>Qtr 1</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 3
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 1
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total primary new insurance written</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>11,664</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          14,383
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          15,125
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          14,342
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          10,055
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Percentage of primary new insurance written by FICO score</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>&gt;=740</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>61.0</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          60.4
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          61.1
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          61.6
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          61.3
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>680-739</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>32.6</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          33.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          32.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          32.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          32.7
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-bottom: 2.0px; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>620-679</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>6.4</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          6.5
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          6.4
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          5.8
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          6.0
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total Primary</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          <b>100.0</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Percentage of primary new insurance written</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Direct monthly and other premiums</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>79</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          77
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          77
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          77
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          75
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Direct single premiums:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Lender-paid</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>16</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          20
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          21
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          21
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          23
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Borrower-paid (1)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>5</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          3
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Net single premiums (2)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>7</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          15
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          15
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          15
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          16
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>NIW for purchases</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>89</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          88
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          91
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          91
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          84
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>NIW for refinances</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>11</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          12
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          9
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          9
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          16
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>LTV</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>95.01% and above</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>15.4</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          15.4
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          14.3
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          12.8
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          9.2
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>90.01% to 95.00%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>44.5</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          43.9
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          45.7
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          47.3
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          47.3
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>85.01% to 90.00%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>27.5</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          27.4
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          28.1
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          28.8
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          30.3
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>85.00% and below</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>12.6</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          13.3
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          11.9
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          11.1
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          13.2
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Borrower-paid Single Premium Policies have lower Minimum
            Required Assets under PMIERs as compared to lender-paid Single
            Premium Policies.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(2)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Represents the percentage of direct Single Premium Policies
            written, after consideration of the Single Premium NIW ceded under
            the Single Premium QSR Transactions (for NIW after the effective
            dates of the respective agreements). Effective December 31, 2017,
            we amended the 2016 Single Premium QSR Transaction to increase the
            amount of ceded risk for 2015 through 2017 vintages under the
            agreement from 35% to 65%.</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="21">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Mortgage Insurance Supplemental Information - Primary Insurance
          in Force and Risk in Force</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Exhibit I (page 1 of 2)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          <b>March 31,</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          December 31,
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          September 30,
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          June 30,
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          March 31,
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>($ in millions)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          2017
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          2017
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          2017
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Primary insurance in force (1)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Prime</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>197,589</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          193,949
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          189,340
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          183,886
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          177,702
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Alt-A and A minus and below</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>6,436</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          6,775
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          7,201
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          7,751
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          8,157
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total Primary</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>204,025</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          200,724
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          196,541
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          191,637
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          185,859
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Primary risk in force (1) (2)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Prime</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>50,623</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          49,674
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          48,516
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          47,075
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          45,442
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Alt-A and A minus and below</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>1,530</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          1,614
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          1,721
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          1,854
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          1,952
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total Primary</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>52,153</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          51,288
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          50,237
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          48,929
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          47,394
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Percentage of primary risk in force</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Direct monthly and other premiums</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>69</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          69
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          69
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          69
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          69
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Direct single premiums</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>31</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          31
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          31
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          31
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          31
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net single premiums (3)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>19</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          19
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          24
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          25
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          25
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Percentage of primary risk in force by FICO score</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>&gt;=740</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>59.2</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          58.9
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          58.8
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          58.3
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          57.9
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>680-739</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>31.4</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          31.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          31.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          31.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          31.1
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>620-679</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>8.4</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          8.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          8.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          9.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          9.6
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>&lt;=619</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>1.0</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          1.1
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          1.1
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          1.3
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          1.4
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total Primary</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          <b>100.0</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Percentage of primary risk in force by LTV</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 5.0px; text-align: left" valign="bottom">
          <b>95.01% and above</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>9.7</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          9.2
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          8.6
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          8.0
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          7.6
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 5.0px; text-align: left" valign="bottom">
          <b>90.01% to 95.00%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>53.2</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          53.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          53.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          52.9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          52.6
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 5.0px; text-align: left" valign="bottom">
          <b>85.01% to 90.00%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>30.2</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          30.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          31.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          31.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          32.2
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 5.0px; text-align: left" valign="bottom">
          <b>85.00% and below</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>6.9</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          7.0
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          7.2
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          7.4
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          7.6
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          <b>100.0</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>Percentage of primary risk in force by policy year</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 5.0px; text-align: left" valign="bottom">
          <b>2005 and prior</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>3.0</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          3.3
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          3.6
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          4.1
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          4.4
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>&#160;2006</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>2.0</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.8
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>&#160;2007</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>4.8</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          5.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          5.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          6.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          6.7
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>&#160;2008</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>3.2</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          3.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          3.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          4.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          4.6
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>&#160;2009</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>0.5</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          0.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          0.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          0.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          0.9
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>&#160;2010</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>0.5</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          0.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          0.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          0.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          0.8
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>&#160;2011</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>1.2</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          1.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          1.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          1.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          1.8
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>&#160;2012</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>5.1</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          5.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          6.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          6.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          7.4
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>&#160;2013</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>8.2</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          8.9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          9.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          10.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          11.8
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>&#160;2014</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>7.9</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          8.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          9.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          10.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          11.2
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>&#160;2015</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>13.0</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          13.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          14.9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          16.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          17.3
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>&#160;2016</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>20.5</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          21.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          22.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          23.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          25.0
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>&#160;2017</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>24.5</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          25.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          19.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          12.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          5.3
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-bottom: 2.0px; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>&#160;2018</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>5.6</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          <b>100.0</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Primary risk in force on defaulted loans (4)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>1,223</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          1,389
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          1,137
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          1,124
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          1,224
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="3" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>See notes on next page.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="3" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Radian Group Inc. and Subsidiaries</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="3" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Mortgage Insurance Supplemental Information - Primary Insurance
            in Force and Risk in Force</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="3" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Exhibit I (page 2 of 2)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="3" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Notes to table on preceding page,</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Includes amounts ceded under our reinsurance agreements, as
            well as amounts related to the Freddie Mac Agreement.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(2)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Does not include pool risk in force or other risk in force,
            which combined represent less than 1.0% of our total risk in force
            for all periods presented.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(3)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Represents the percentage of Single Premium RIF, after giving
            effect to all reinsurance ceded. Effective December 31, 2017, we
            amended the 2016 Single Premium QSR Transaction to increase the
            amount of ceded risk for 2015 through 2017 vintages under the
            agreement from 35% to 65%, resulting in a reduction of $2.5
            billion in net RIF on Single Premium Policies at December 31, 2017.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(4)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Excludes risk related to loans subject to the Freddie Mac
            Agreement.</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="14">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="20" valign="top">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="20" valign="top">
          <b>Mortgage Insurance (&quot;MI&quot;) Supplemental Information - Claims and
          Reserves</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="20" valign="top">
          <b>Exhibit J (page 1 of 2)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="14">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="14" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          <b>($ in thousands)</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>Qtr 1</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 3
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          Qtr 1
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net claims paid: (1)</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Prime</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>37,142</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          37,191
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          47,541
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          45,562
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          52,044
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Alt-A and A minus and below</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>21,416</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          19,384
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          26,807
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          24,286
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          25,625
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total primary claims paid</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>58,558</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          56,575
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          74,348
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          69,848
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          77,669
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Pool</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>1,152</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2,458
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2,148
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,901
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          4,180
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Second-lien and other</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>148</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (110
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          32
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          (1,937
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; border-bottom-style: solid" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          78
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Subtotal</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>59,858</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          58,923
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          76,528
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          69,812
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          81,927
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Impact of captive terminations</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(36</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          645
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Impact of commutations (2)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>104</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          26,590
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          54,956
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          20,838
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          161
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total net claims paid</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>59,926</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          85,513
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          131,484
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          91,295
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          82,088
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Average net claims paid: (1) (3)</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Prime</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>50.0</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          49.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          48.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          48.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          50.5
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Alt-A and A minus and below</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>63.0</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          56.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          56.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          51.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          53.4
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total average net primary claims paid</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>54.1</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          51.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          51.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          49.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          51.4
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Pool</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>52.4</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          102.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          59.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          47.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          49.2
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total average net claims paid</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>53.2</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          52.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          51.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          47.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          50.9
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Average direct primary claims paid (3) (4)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>54.5</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          52.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          51.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          49.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          51.6
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Average total direct claims paid (3) (4)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>53.6</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          52.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          51.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          47.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          51.1
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Net of reinsurance recoveries.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(2)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Includes payments to commute mortgage insurance coverage on
            certain performing and non-performing loans on which we had Pool
            Insurance risk. For the three months ended September 30, 2017,
            primarily includes payments made under the Freddie Mac agreement,
            as the final settlement date was reached during the quarter.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(3)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Calculated without giving effect to the impact of the
            termination of captive transactions and commutations.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(4)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Before reinsurance recoveries.</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="20" valign="top">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="20" valign="top">
          <b>Mortgage Insurance (&quot;MI&quot;) Supplemental Information - Claims and
          Reserves</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="20" valign="top">
          <b>Exhibit J (page 2 of 2)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>($ in thousands, except primary reserve</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          <b>March 31,</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          December 31,
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          September 30,
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          June 30,
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="2" valign="bottom">
          March 31,
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>per primary default amounts)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          2017
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          2017
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          2017
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>MI Reserve for losses by category</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Prime</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>274,595</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          285,022
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          296,885
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          318,169
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          362,804
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Alt-A and A minus and below</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>158,612</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          170,873
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          190,081
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          209,760
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          236,916
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>IBNR and other (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>17,164</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          16,021
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          13,085
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          69,620
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          70,651
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>LAE</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>13,440</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          13,349
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          14,687
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          15,492
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          17,551
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Reinsurance recoverable (2)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>8,953</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          8,315
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          7,445
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          7,341
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          7,680
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total primary reserves</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>472,764</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          493,580
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          522,183
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          620,382
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          695,602
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Pool insurance</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>11,387</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          12,794
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          18,630
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          29,099
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          28,453
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>IBNR and other</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>226</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          278
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          14,576
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          658
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          603
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>LAE</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>318</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          356
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          550
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          843
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          822
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Reinsurance recoverable (2)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>21</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          35
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          25
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          30
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          28
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total pool reserves</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>11,952</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          13,463
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          33,781
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          30,630
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          29,906
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total 1st lien reserves</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>484,716</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          507,043
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          555,964
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          651,012
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          725,508
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Second-lien and other</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>476</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          545
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          524
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          579
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          661
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total MI reserves</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          <b>485,192</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          507,588
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          556,488
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          651,591
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: double" valign="bottom">
          726,169
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>1st lien reserve per default</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Primary reserve per primary default excluding IBNR and other</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>18,523</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>(3)</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          17,103
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>(3)</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          21,367
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          23,185
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          24,230
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>At June 30, 2017 and prior, primarily related to expected
            payments under the Freddie Mac Agreement. However, during the
            third quarter of 2017, the final settlement date under the Freddie
            Mac Agreement was reached. Therefore, except for loans with loss
            mitigation and claims activity already in process, most of the
            loans subject to the Freddie Mac Agreement were removed from RIF
            and IIF, because the insurance no longer remains in force.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(2)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Represents ceded losses on captive transactions and quota share
            reinsurance transactions.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(3)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Includes the impact of reserves and defaults related to areas
            designated as individual assistance disaster areas by FEMA (&quot;FEMA
            Designated Areas&quot;) associated with Hurricanes Harvey and Irma.
            Excluding the impact from new defaults received subsequent to
            Hurricanes Harvey and Irma in these FEMA Designated Areas, this
            amount would be approximately $21,512 and $20,500 at March 31,
            2018 and December 31, 2017, respectively.</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="16" valign="top">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="16" valign="top">
          <b>Mortgage Insurance Supplemental Information - Default Statistics</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="16" valign="top">
          <b>Exhibit K</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="2" valign="bottom">
          <b>March 31,</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="2" valign="bottom">
          December 31,
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="2" valign="bottom">
          September 30,
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="2" valign="bottom">
          June 30,
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="2" valign="bottom">
          March 31,
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          <b>2018</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          2017
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          2017
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          2017
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="2" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Default Statistics</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Primary Insurance:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 5.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Prime</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Number of insured loans</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>925,648</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          913,408
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          897,253
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          879,926
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          858,248
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Number of loans in default</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>17,887</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          20,269
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          15,953
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          15,664
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          16,981
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Percentage of loans in default</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>1.93</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          2.22
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          1.78
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          1.78
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          1.98
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Alt-A and A minus and below</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Number of insured loans</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>40,661</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          42,318
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          45,555
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          48,953
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          51,468
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Number of loans in default</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>6,710</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          7,653
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          7,873
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          8,091
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          8,812
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Percentage of loans in default</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>16.50</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          18.08
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          17.28
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          16.53
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          17.12
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total Primary</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Number of insured loans</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>966,309</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          955,726
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          942,808
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          928,879
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          909,716
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Number of loans in default (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>24,597</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          27,922
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          23,826
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          23,755
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          25,793
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Percentage of loans in default</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>2.55</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          2.92
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          2.53
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          2.56
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          2.84
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Included in this amount at March 31, 2018 and December 31, 2017
            are 5,780 and 7,051 defaults, respectively, related to the FEMA
            Designated Areas associated with Hurricanes Harvey and Irma.</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="15">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Mortgage Insurance Supplemental Information - QSR Transactions,
          Captives and Persistency</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Exhibit L</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="15">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="15" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>($ in thousands)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>Qtr 1</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 3
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 1
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Quota Share Reinsurance (&#8220;QSR&#8221;) Transactions</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>QSR ceded premiums written (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>3,931</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          4,219
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          4,621
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          5,059
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          5,457
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>% of premiums written</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>1.5</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          1.6
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          1.7
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          1.9
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.3
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>QSR ceded premiums earned (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>5,612</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          6,439
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          6,826
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          7,404
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          7,834
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>% of premiums earned</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>2.2</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.5
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.7
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          3.1
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          3.3
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Ceding commissions written</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>1,128</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          1,208
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          1,323
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          1,446
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          1,559
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Ceding commissions earned (2)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>3,548</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          2,924
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          2,925
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          3,379
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          3,894
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Profit commission</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>RIF included in QSR Transactions (3)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>1,135,597</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          1,207,426
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          1,298,954
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          1,393,038
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          1,488,972
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Single Premium QSR Transactions</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>QSR ceded premiums written (1) (4)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>15,791</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          157,453
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          13,248
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          13,856
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          8,960
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>% of premiums written</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>6.1</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          59.5
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          5.0
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          5.3
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          3.7
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>QSR ceded premiums earned (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>10,377</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          8,342
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          6,771
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          6,311
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          5,859
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>% of premiums earned</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>4.0</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          3.2
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.7
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.6
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.5
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Ceding commissions written</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>6,621</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          41,331
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          5,156
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          5,134
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          3,712
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Ceding commissions earned (2)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>5,268</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          4,053
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          3,536
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          3,248
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          2,937
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Profit commission</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>10,693</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          7,870
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          7,373
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          6,682
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          5,888
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>RIF included in Single Premium QSR Transactions (3) (4)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>7,176,662</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          6,941,781
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          4,286,529
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          4,103,410
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          3,904,402
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total RIF included in QSR Transactions and Single Premium QSR
          Transactions</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>8,312,259</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          8,149,207
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          5,585,483
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          5,496,448
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          5,393,374
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>1st Lien Captives</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Premiums earned ceded to captives</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>35</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          57
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          68
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          242
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          389
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>% of total premiums earned</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>0.1</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          0.0
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          0.1
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          0.1
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          0.2
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Persistency Rate (12 months ended) (5) (6)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>81.0</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          81.1
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          80.0
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          78.5
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          77.1
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Persistency Rate (quarterly, annualized) (5) (6) (7)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>84.3</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          79.4
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          80.4
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          82.8
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" colspan="2" valign="bottom">
          84.4
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Net of profit commission.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(2)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Includes amounts reported in policy acquisition costs and other
            operating expenses. Operating expenses include the following
            ceding commissions, net of deferred policy acquisition costs, for
            the periods indicated:</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="15" valign="bottom">
          2017
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>($ in thousands)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          <b>Qtr 1</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 3
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; border-bottom-style: solid" colspan="3" valign="bottom">
          Qtr 1
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Ceding commissions</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          <b>(5,812</b>
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          (4,624
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          (4,231
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          (4,064
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right" valign="bottom">
          (3,864
        </td>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(3)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Included in primary RIF.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(4)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Effective December 31, 2017, we amended the 2016 Single Premium
            QSR Transaction to increase the amount of ceded risk for 2015
            through 2017 vintages under the agreement from 35% to 65%,
            resulting in ceded premiums written of $145.7 million for the
            fourth quarter of 2017 and an increase of $2.5 billion in ceded
            RIF at December 31, 2017.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(5)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>During the fourth quarter of 2017, the Persistency Rate was
            reduced by an increase in cancellations of single premium policies
            due to increased cancellations identified by our ongoing servicer
            monitoring process for Single Premium Policies.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(6)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>During the third quarter of 2017, the final settlement date
            under the Freddie Mac Agreement was reached, resulting in a
            negative impact to the Persistency Rate due to the removal from
            RIF and IIF of most of the loans subject to the Freddie Mac
            Agreement.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(7)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>The Persistency Rate on a quarterly, annualized basis may be
            impacted by seasonality or other factors, and may not be
            indicative of full-year trends.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
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    <p>
      <b>FORWARD-LOOKING STATEMENTS</b>
    </p>
    <p>
      All statements in this press release that address events, developments
      or results that we expect or anticipate may occur in the future are
      &#8220;forward-looking statements&#8221; within the meaning of Section 27A of the
      Securities Act of 1933, Section 21E of the Exchange Act and the U.S.
      Private Securities Litigation Reform Act of 1995. In most cases,
      forward-looking statements may be identified by words such as
      &#8220;anticipate,&#8221; &#8220;may,&#8221; &#8220;will,&#8221; &#8220;could,&#8221; &#8220;should,&#8221; &#8220;would,&#8221; &#8220;expect,&#8221;
      &#8220;intend,&#8221; &#8220;plan,&#8221; &#8220;goal,&#8221; &#8220;contemplate,&#8221; &#8220;believe,&#8221; &#8220;estimate,&#8221;
      &#8220;predict,&#8221; &#8220;project,&#8221; &#8220;potential,&#8221; &#8220;continue,&#8221; &#8220;seek,&#8221; &#8220;strategy,&#8221;
      &#8220;future,&#8221; &#8220;likely&#8221; or the negative or other variations on these words
      and other similar expressions. These statements, which may include,
      without limitation, projections regarding our future performance and
      financial condition, are made on the basis of management&#8217;s current views
      and assumptions with respect to future events. Any forward-looking
      statement is not a guarantee of future performance and actual results
      could differ materially from those contained in the forward-looking
      statement. These statements speak only as of the date they were made,
      and we undertake no obligation to update or revise any forward-looking
      statements, whether as a result of new information, future events or
      otherwise. We operate in a changing environment where new risks emerge
      from time to time and it is not possible for us to predict all risks
      that may affect us. The forward-looking statements, as well as our
      prospects as a whole, are subject to risks and uncertainties that could
      cause actual results to differ materially from those set forth in the
      forward-looking statements. These risks and uncertainties include,
      without limitation:
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        changes in economic and political conditions that impact the size of
        the insurable market, the credit performance of our insured portfolio,
        and the business prospects of our Services segment;
      </li>
      <li style="margin-bottom: 10.0px">
        changes in the way customers, investors, ratings agencies, regulators
        or legislators perceive our performance, financial strength and future
        prospects;
      </li>
      <li style="margin-bottom: 10.0px">
        Radian Guaranty Inc.&#8217;s ability to remain eligible under the PMIERs and
        other applicable requirements imposed by the Federal Housing Finance
        Agency (&#8220;FHFA&#8221;) and by Fannie Mae and Freddie Mac (collectively, the
        &#8220;GSEs&#8221;) to insure loans purchased by the GSEs;
      </li>
      <li style="margin-bottom: 10.0px">
        our ability to successfully execute and implement our capital plans
        and to maintain sufficient holding company liquidity to meet our
        short- and long-term liquidity needs;
      </li>
      <li style="margin-bottom: 10.0px">
        our ability to successfully execute and implement our business plans
        and strategies, including plans and strategies to reposition our
        Services segment as well as plans and strategies that require GSE
        and/or regulatory approvals and licenses;
      </li>
      <li style="margin-bottom: 10.0px">
        our ability to maintain an adequate level of capital in our insurance
        subsidiaries to satisfy existing and future state regulatory
        requirements;
      </li>
      <li style="margin-bottom: 10.0px">
        changes in the charters or business practices of, or rules or
        regulations imposed by or applicable to, the GSEs, including: changes
        imposed by the FHFA that impact the GSEs&#8217; business prospects; the
        GSEs&#8217; interpretation and application of the PMIERs and the proposed
        changes to the PMIERs; and the GSEs&#8217; use of alternative forms of
        credit enhancement;
      </li>
      <li style="margin-bottom: 10.0px">
        changes in the current housing finance system in the U.S., including
        the role of the Federal Housing Administration (the &#8220;FHA&#8221;), the GSEs
        and private mortgage insurers in this system;
      </li>
      <li style="margin-bottom: 10.0px">
        any disruption in the servicing of mortgages covered by our insurance
        policies, as well as poor servicer performance;
      </li>
      <li style="margin-bottom: 10.0px">
        a significant decrease in the persistency rates of our mortgage
        insurance on monthly premium products;
      </li>
      <li style="margin-bottom: 10.0px">
        competition in our mortgage insurance business, including price
        competition and competition from the FHA, U.S. Department of Veterans
        Affairs and other forms of credit enhancement;
      </li>
      <li style="margin-bottom: 10.0px">
        the effect of the Dodd-Frank Wall Street Reform and Consumer
        Protection Act on the financial services industry in general, and on
        our businesses in particular;
      </li>
      <li style="margin-bottom: 10.0px">
        legislative and regulatory activity (or inactivity), including the
        adoption of (or failure to adopt) new laws and regulations, or changes
        in existing laws and regulations, or the way they are interpreted or
        applied, including interpretations and guidance pertaining to recently
        enacted tax reform legislation;
      </li>
      <li style="margin-bottom: 10.0px">
        legal and regulatory claims, assertions, actions, reviews, audits,
        inquiries and investigations that could result in adverse judgments,
        settlements, fines, injunctions, restitutions or other relief that
        could require significant expenditures or have other effects on our
        business;
      </li>
      <li style="margin-bottom: 10.0px">
        the amount and timing of potential settlements, payments or
        adjustments associated with federal or other tax examinations,
        including deficiencies assessed by the Internal Revenue Service
        resulting from its examination of our 2000 through 2007 tax years,
        which we are currently contesting;
      </li>
      <li style="margin-bottom: 10.0px">
        the possibility that we may fail to estimate accurately the
        likelihood, magnitude and timing of losses in establishing loss
        reserves for our mortgage insurance business or in assessing our
        ability to comply with the proposed PMIERs when implemented;
      </li>
      <li style="margin-bottom: 10.0px">
        volatility in our results of operations caused by changes in the fair
        value of our assets and liabilities, including a significant portion
        of our investment portfolio, and potential volatility in our Available
        Assets if proposed changes to the PMIERs requiring us to mark certain
        of our Available Assets to fair value were to become effective;
      </li>
      <li style="margin-bottom: 10.0px">
        potential future impairment charges related to our goodwill and other
        intangible assets, and uncertainties regarding our ability to execute
        our restructuring plans within expected costs;
      </li>
      <li style="margin-bottom: 10.0px">
        changes in &#8220;GAAP&#8221; (accounting principles generally accepted in the
        U.S.) or &#8220;SAP&#8221; (statutory accounting practices including those
        required or permitted, if applicable, by the insurance departments of
        the respective states of domicile of our insurance subsidiaries) rules
        and guidance, or their interpretation;
      </li>
      <li style="margin-bottom: 10.0px">
        our ability to attract and retain key employees; and
      </li>
      <li style="margin-bottom: 10.0px">
        legal and other limitations on dividends and other amounts we may
        receive from our subsidiaries.
      </li>
    </ul>
    <p>
      For more information regarding these risks and uncertainties as well as
      certain additional risks that we face, you should refer to the Risk
      Factors detailed in Item 1A of our Annual Report on Form 10-K for the
      year ended December 31, 2017, and subsequent reports filed from time to
      time with the U.S. Securities and Exchange Commission. We caution you
      not to place undue reliance on these forward-looking statements, which
      are current only as of the date on which we issued this press release.
      We do not intend to, and we disclaim any duty or obligation to, update
      or revise any forward-looking statements to reflect new information or
      future events or for any other reason.
    </p>
    <p>
      CONTACT:<br>Radian Group Inc.<br>Emily Riley,<b> </b>215-231-1035<br><u>emily.riley@radian.biz</u>
    </p>
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