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Note 7 - Reinsurance Excess-of-Loss Program (Details)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Apr. 30, 2019
USD ($)
Nov. 30, 2018
USD ($)
Jun. 30, 2019
USD ($)
arrangements
Jun. 30, 2018
USD ($)
Jun. 30, 2019
USD ($)
arrangements
Jun. 30, 2018
USD ($)
Dec. 31, 2018
USD ($)
Ceded Premiums Earned [2]     $ 37,106 [1] $ 16,678 $ 56,267 [1] $ 32,877  
Mortgage Insurance Segment              
Risk In Force     59,100,000   59,100,000    
Excess-of-Loss Program | Mortgage Insurance Segment | Radian Guaranty              
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets [3]     996,070   996,070   $ 434,034
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount     997,037   997,037   435,148
Excess-of-Loss Program | Mortgage Insurance Segment | Radian Guaranty | Eagle Re 2018-1 (Primary)              
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets [3]     434,034   434,034   434,034
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount     434,591   434,591   435,148
Excess-of-Loss Program | Mortgage Insurance Segment | Radian Guaranty | Eagle Re 2019-1 (Primary)              
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets [3]     562,036   562,036    
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount     562,446   562,446    
Excess-of-Loss Program | Mortgage Insurance Segment | Radian Guaranty | On-Balance Sheet              
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount     967   967   1,114
Excess-of-Loss Program | Mortgage Insurance Segment | Radian Guaranty | On-Balance Sheet | Eagle Re 2018-1 (Primary)              
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount [4]     557   557   1,114
Excess-of-Loss Program | Mortgage Insurance Segment | Radian Guaranty | On-Balance Sheet | Eagle Re 2019-1 (Primary)              
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount [4]     410   410    
Excess-of-Loss Program | Mortgage Insurance Segment | Radian Guaranty | Off-Balance Sheet              
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount [5]     996,070   996,070   434,034
Excess-of-Loss Program | Mortgage Insurance Segment | Radian Guaranty | Off-Balance Sheet | Eagle Re 2018-1 (Primary)              
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount [5]     434,034   434,034   $ 434,034
Excess-of-Loss Program | Mortgage Insurance Segment | Radian Guaranty | Off-Balance Sheet | Eagle Re 2019-1 (Primary)              
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount [5]     $ 562,036   $ 562,036    
Excess-of-Loss Program | Reinsurer Concentration Risk | Radian Guaranty              
Number of Fully Collateralized Reinsurance Arrangements with the Eagle Re Issuers | arrangements     2   2    
Ceded Premiums Earned     $ 7,700   $ 10,900    
Excess-of-Loss Program | Reinsurer Concentration Risk | Mortgage Insurance Segment | Radian Guaranty | Eagle Re 2018-1 (Primary)              
Reinsurance Retention Policy, Excess Retention, Amount Reinsured   $ 434,000          
Risk In Force   9,100,000          
Excess-of-Loss Program | Reinsurer Concentration Risk | Mortgage Insurance Segment | Radian Guaranty | Eagle Re 2019-1 (Primary)              
Reinsurance Retention Policy, Excess Retention, Amount Reinsured $ 562,000            
Risk In Force 10,700,000            
Proceeds from Issuance of Debt $ 562,000            
Excess-of-Loss Program | Reinsurer Concentration Risk | Mortgage Insurance Segment | Radian Guaranty | Separate Third-Party Reinsurer              
Reinsurance Retention Policy, Excess Retention, Amount Reinsured   $ 21,400          
[1]
Includes a cumulative adjustment to unearned premiums recorded in the second quarter of 2019 related to an update to the amortization rates used to recognize revenue for Single Premium Policies. See Note 3 for further information.
[2]
Net of profit commission.
[3] Assets held by the Eagle Re Issuers are required to be invested in U.S. government money market funds, cash or U.S. Treasury securities. Liabilities of the Eagle Re Issuers consist of their mortgage insurance-linked notes, described above.
[4]
Represents the fair value of the related embedded derivative, included in other assets in our condensed consolidated balance sheets.
[5] Represents Radian Guaranty’s maximum exposure to loss in the event the VIE is unable to meet its obligations to us and our insurance subsidiaries would be liable to make claims payments to our policyholders. In the event that all of the assets in the reinsurance trust (consisting of U.S. government money market funds, cash or U.S. Treasury securities) were to lose their value and the VIE is unable to make its payments to us, our maximum potential loss would be the amount of mortgage insurance claim payments for losses on the insured policies, net of the aggregate reinsurance payments already received, up to the full aggregate excess-of-loss reinsurance coverage amount. In the same scenario, the related embedded derivative would no longer have value.