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Schedule II Financial Information of Registrant Parent Company Financial Statements (Tables)
 12 Months Ended
Dec. 31, 2018
Condensed Cash Flow Statements, Captions [Line Items]  
Condensed Financial Information Statement of Condition of Parent Company [Table Text Block] Condensed Balance Sheet
Parent Company Only
 
December 31,
(In thousands, except per-share amounts)
2018
 
2017
Assets
 
 
 
Investments
 
 
 
Fixed-maturities available for sale—at fair value
$
321,401

 
$
10,785

Trading securities—at fair value
56,011

 
—

Equity securities—at fair value
29,375

 
—

Short-term investments—at fair value
238,185

 
83,356

Total investments
644,972

 
94,141

Cash
32,352

 
13,173

Investment in subsidiaries, at equity in net assets (Note B)
3,927,268

 
3,764,865

Accounts and notes receivable (Note C)
101,072

 
103,561

Federal income taxes recoverable, net—current
49,381

 
35,741

Other assets (Note D)
58,993

 
166,051

Total assets
$
4,814,038

 
$
4,177,532

 
 
 
 
Liabilities and Stockholders’ Equity
 
 
 
Senior Notes (Note E)
$
1,030,348

 
$
1,027,074

Federal income taxes—deferred
243,341

 
97,067

Other liabilities
51,634

 
53,353

Total liabilities
1,325,323

 
1,177,494

 
 
 
 
Common stockholders’ equity
 
 
 
Common stock: par value $.001 per share; 485,000 shares authorized at December 31, 2018 and 2017; 231,132 and 233,417 shares issued at December 31, 2018 and 2017, respectively; 213,473 and 215,814 shares outstanding at December 31, 2018 and 2017, respectively
231

 
233

Treasury stock, at cost: 17,660 and 17,603 shares at December 31, 2018 and 2017, respectively
(894,870
)
 
(893,888
)
Additional paid-in capital
2,724,733

 
2,754,275

Retained earnings
1,719,541

 
1,116,333

Accumulated other comprehensive income (loss)
(60,920
)
 
23,085

Total common stockholders’ equity
3,488,715

 
3,000,038

Total liabilities and stockholders’ equity
$
4,814,038

 
$
4,177,532
Condensed Financial Information Statement of Income of Parent Company [Table Text Block] Radian Group Inc.
Schedule II—Financial Information of Registrant
Condensed Statements of Operations
Parent Company Only
 
Year Ended December 31,
(In thousands)
2018
 
2017
 
2016
Revenues:
 
 
 
 
 
Net investment income
$
21,294

 
$
22,528

 
$
20,834

Net gains (losses) on investments and other financial instruments
(470
)
 
(328
)
 
(150
)
Other income
—

 
80

 
49

Total revenues
20,824

 
22,280

 
20,733

Expenses:
 
 
 
 
 
Loss on induced conversion and debt extinguishment
—

 
51,469

 
75,075

Interest expense
17,805

 
18,033

 
29,002

Total expenses (Note F)
17,805

 
69,502

 
104,077

Pretax gain (loss) from continuing operations
3,019

 
(47,222
)
 
(83,344
)
Income tax benefit
(3,319
)
 
(141,437
)
 
(8,676
)
Equity in net income of affiliates
599,673

 
26,873

 
382,921

Net income
606,011

 
121,088

 
308,253

Other comprehensive income (loss), net of tax
(86,953
)
 
35,480

 
6,082

Comprehensive income
$
519,058

 
$
156,568

 
$
314,335
Condensed Financial Information Statement of Cash Flows of Parent Company [Table Text Block] Radian Group Inc.
Schedule II—Financial Information of Registrant
Condensed Statements of Cash Flows
Parent Company Only
 
Year Ended December 31,
(In thousands)
2018
 
2017
 
2016
Net cash provided by (used in) operating activities
254,698

 
(23,654
)
 
38,902

Cash flows from investing activities:
 
 
 
 
 
Proceeds from sales of:
 
 
 
 
 
Fixed-maturity investments available for sale
6,779

 
58,007

 
47,058

Trading securities
—

 
—

 
30,350

Equity securities
—

 
—

 
24,992

Proceeds from redemptions of:
 
 
 
 
 
Fixed-maturity investments available for sale
12,391

 
60,414

 
49,578

Trading securities
—

 
—

 
10,000

Purchases of:
 
 
 
 
 
Fixed-maturity investments available for sale
(37,552
)
 
(134,456
)
 
(137,431
)
Sales, redemptions and (purchases) of :
 
 
 
 
 
Short-term investments, net
(131,164
)
 
210,529

 
(40,288
)
Other assets, net
(3,317
)
 
(1,107
)
 
239

Capital distributions from subsidiaries
—

 
924

 
15,000

Capital contributions to subsidiaries
(30,338
)
 
(21,643
)
 
(1,500
)
Acquisition of subsidiaries
—

 
—

 
(30,443
)
(Issuance) repayment of note receivable from affiliate (Note C)
—

 
(44
)
 
201,631

Net cash provided by (used in) investing activities
(183,201
)
 
172,624

 
169,186

Cash flows from financing activities:
 
 
 
 
 
Dividends paid
(2,140
)
 
(2,154
)
 
(2,105
)
Issuance of senior notes, net
—

 
442,163

 
343,417

Purchases and redemptions of senior notes
—

 
(593,527
)
 
(445,072
)
Proceeds from termination of capped calls
—

 
4,208

 
—

Issuance of common stock
1,385

 
7,132

 
717

Purchases of common shares
(50,053
)
 
(6
)
 
(100,188
)
Credit facility commitment fees paid
(1,510
)
 
(1,993
)
 
—

Excess tax benefits from stock-based awards (Note A)
—

 
—

 
98

Net cash provided by (used in) financing activities
(52,318
)
 
(144,177
)
 
(203,133
)
Increase (decrease) in cash and restricted cash
19,179

 
4,793

 
4,955

Cash and restricted cash, beginning of period
13,173

 
8,380

 
3,425

Cash and restricted cash, end of period
$
32,352

 
$
13,173

 
$
8,380









See Supplemental Notes.
Schedule of Maturities of Long-term Debt [Table Text Block] At December 31, 2018, the maturities of the principal amount of our senior notes in future years are as follows:
(In thousands)
 
2019
$
158,623

2020
234,126

2021
197,661

2024
450,000

Total
$
1,040,410

 
 
Components of Parent Company Expenses Allocated to Subsidiaries [Table Text Block] The following table shows the components of our Parent Company expenses that have been allocated to our subsidiaries for the periods indicated:
 
Year Ended December 31,
(in thousands)
2018
 
2017
 
2016
Allocated operating expenses
$
94,815

 
$
72,764

 
$
56,446

Allocated interest expenses
42,195

 
44,686

 
52,092

Total allocated expenses
$
137,010

 
$
117,450

 
$
108,538