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Schedule II Financial Information of Registrant Parent Company Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2019
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) | 2019 |  | 2018
Assets |  |  |
Investments |  |  |
Fixed-maturities available for sale—at fair value (amortized cost of $429,999 and $320,746) | $ | 430,442 |  |  | $ | 321,401 |
Trading securities—at fair value (amortized cost of $0 and $55,948) | — |  |  | 56,011 |
Equity securities—at fair value (cost of $13,280 and $29,387) | 13,381 |  |  | 29,375 |
Short-term investments—at fair value | 162,363 |  |  | 238,185 |
Other invested assets—at fair value | 1,500 |  |  | — |
Total investments | 607,686 |  |  | 644,972 |
Cash | 23,534 |  |  | 32,352 |
Investment in subsidiaries, at equity in net assets (Note C) | 4,413,065 |  |  | 3,927,268 |
Accounts and notes receivable | 100,775 |  |  | 101,072 |
Federal income taxes recoverable, net—current | — |  |  | 49,381 |
Other assets (Note C) | 113,917 |  |  | 58,993 |
Total assets | $ | 5,258,977 |  |  | $ | 4,814,038 |
Liabilities and Stockholders’ Equity |  |  |
Senior notes | $ | 887,110 |  |  | $ | 1,030,348 |
Federal income taxes—deferred (Note A) | 253,739 |  |  | 243,341 |
Other liabilities | 69,405 |  |  | 51,634 |
Total liabilities | 1,210,254 |  |  | 1,325,323 |
Common stockholders’ equity |  |  |
Common stock: par value $.001 per share; 485,000 shares authorized at December 31, 2019 and 2018; 219,123 and 231,132 shares issued at December 31, 2019 and 2018, respectively; 201,164 and 213,473 shares outstanding at December 31, 2019 and 2018, respectively | 219 |  |  | 231 |
Treasury stock, at cost: 17,959 and 17,660 shares at December 31, 2019 and 2018, respectively | (901,657 | ) |  | (894,870 | )
Additional paid-in capital | 2,449,884 |  |  | 2,724,733 |
Retained earnings | 2,389,789 |  |  | 1,719,541 |
Accumulated other comprehensive income (loss) | 110,488 |  |  | (60,920 | )
Total common stockholders’ equity | 4,048,723 |  |  | 3,488,715 |
Total liabilities and stockholders’ equity | $ | 5,258,977 |  |  | $ | 4,814,038 |
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) | 2019 |  | 2018 |  | 2017
Revenues: |  |  |  |  |
Net investment income | $ | 19,751 |  |  | $ | 21,294 |  |  | $ | 22,528 |
Net gains (losses) on investments and other financial instruments | 12,863 |  |  | (470 | ) |  | (328 | )
Other income | 218 |  |  | — |  |  | 80 |
Total revenues | 32,832 |  |  | 20,824 |  |  | 22,280 |
Expenses: |  |  |  |  |
Loss on extinguishment of debt | 22,738 |  |  | — |  |  | 51,469 |
Interest expense | — |  |  | 17,805 |  |  | 18,033 |
Total expenses (Note B) | 22,738 |  |  | 17,805 |  |  | 69,502 |
Pretax income (loss) | 10,094 |  |  | 3,019 |  |  | (47,222 | )
Income tax benefit | (19,997 | ) |  | (3,319 | ) |  | (141,437 | )
Equity in net income of affiliates | 642,218 |  |  | 599,673 |  |  | 26,873 |
Net income | 672,309 |  |  | 606,011 |  |  | 121,088 |
Other comprehensive income (loss), net of tax | 171,408 |  |  | (86,953 | ) |  | 35,480 |
Comprehensive income | $ | 843,717 |  |  | $ | 519,058 |  |  | $ | 156,568 |
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) | 2019 |  | 2018 |  | 2017
Net cash provided by (used in) operating activities (1) | $ | 143,664 |  |  | $ | 254,698 |  |  | $ | (23,654 | )
Cash flows from investing activities: |  |  |  |  |
Proceeds from sales of: |  |  |  |  |
Fixed-maturities available for sale | 296,171 |  |  | 6,779 |  |  | 58,007 |
Trading securities | 56,787 |  |  | — |  |  | — |
Equity securities | 16,916 |  |  | — |  |  | — |
Proceeds from redemptions of: |  |  |  |  |
Fixed-maturities available for sale | 149,767 |  |  | 12,391 |  |  | 60,414 |
Trading securities | 114 |  |  | — |  |  | — |
Purchases of: |  |  |  |  |
Fixed-maturities available for sale | (293,284 | ) |  | (37,552 | ) |  | (134,456 | )
Sales, redemptions and (purchases) of : |  |  |  |  |
Short-term investments, net | 157,045 |  |  | (131,164 | ) |  | 210,529 |
Other assets, net | (6,958 | ) |  | (3,317 | ) |  | (1,107 | )
Capital distributions from subsidiaries | 6,000 |  |  | — |  |  | 924 |
Capital contributions to subsidiaries | (65,879 | ) |  | (30,338 | ) |  | (21,643 | )
(Issuance) repayment of note receivable from affiliate | — |  |  | — |  |  | (44 | )
Net cash provided by (used in) investing activities | 316,679 |  |  | (183,201 | ) |  | 172,624 |
Cash flows from financing activities: |  |  |  |  |
Dividends paid | (2,061 | ) |  | (2,140 | ) |  | (2,154 | )
Issuance of senior notes, net | 442,439 |  |  | — |  |  | 442,163 |
Repayments and repurchases of senior notes | (610,763 | ) |  | — |  |  | (593,527 | )
Proceeds from termination of capped calls | — |  |  | — |  |  | 4,208 |
Issuance of common stock | 2,416 |  |  | 1,385 |  |  | 7,132 |
Repurchases of common shares | (300,201 | ) |  | (50,053 | ) |  | (6 | )
Credit facility commitment fees paid | (989 | ) |  | (1,510 | ) |  | (1,993 | )
Net cash provided by (used in) financing activities | (469,159 | ) |  | (52,318 | ) |  | (144,177 | )
Effect of exchange rate changes on cash and restricted cash | (2 | ) |  | — |  |  | — |
Increase (decrease) in cash and restricted cash | (8,818 | ) |  | 19,179 |  |  | 4,793 |
Cash and restricted cash, beginning of period | 32,352 |  |  | 13,173 |  |  | 8,380 |
Cash and restricted cash, end of period | $ | 23,534 |  |  | $ | 32,352 |  |  | $ | 13,173 |
______________________
(1) | Includes cash distributions received from subsidiaries of $26.6 million, $55.4 million and $24.3 million in 2019, 2018 and 2017, respectively. Excludes non-cash distributions received from subsidiaries of $362.4 million, $394.6 million and $197.3 million in 2019, 2018 and 2017, respectively.
See Supplemental Notes.
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) | 2019 |  | 2018 |  | 2017
Allocated operating expenses | $ | 124,412 |  |  | $ | 94,815 |  |  | $ | 72,764 |
Allocated interest expense | 53,692 |  |  | 42,195 |  |  | 44,686 |
Total allocated expenses | $ | 178,104 |  |  | $ | 137,010 |  |  | $ | 117,450 |

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