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Note 16 - Statutory Information (Tables)

3 Months Ended

Mar. 31, 2021

SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Abstract]

Statutory Accounting Practices Disclosure

Our insurance subsidiaries’ statutory net income for the quarterly periods ended March 31, 2021 and 2020 and statutory policyholders’ surplus as of March 31, 2021 and December 31, 2020 were as follows.

						Three Months Ended March 31,
(In millions)						2021						2020
Statutory net income (loss)
Radian Guaranty						$	166.8					$	195.5
Radian Reinsurance						1.9						23.9
Other Mortgage Subsidiaries						—						0.7
Radian Title Insurance						1.3						0.1
(In millions)						March 31, 2021						December 31, 2020
Statutory policyholders’ surplus
Radian Guaranty						$	526.9					$	481.5
Radian Reinsurance						361.0						360.7
Other Mortgage Subsidiaries						41.5						41.3
Radian Title Insurance						29.7						28.8

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No definition available.

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- Definition

Tabular disclosure of how the entity's reporting under GAAP as of the balance sheet date differs from the results based on prescribed and permitted accounting practices of the state or country of domicile in which a relevant statutory filing is made, or differences in results based on the National Association of Insurance Commissioners (NAIC) prescribed practices, or a combination thereof. Describes the accounting practices used and the related monetary effect on statutory surplus, net income, and risk-based capital. If an insurance enterprise's risk-based capital would have triggered a regulatory event had it not used a permitted practice, that fact is disclosed in the financial statements. Permitted statutory accounting practices include practices not prescribed but allowed by the domiciliary state insurance department regulatory authority.

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