Other Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2025

Other Assets and Liabilities [Abstract]

The following table shows the components of other assets as of the dates indicated.


Other assets



(In thousands)	September 30, 2025		December 31, 2024
Loaned securities (Notes 6 and 7)	$	134,393	$	139,121
Company-owned life insurance (1)		115,600		110,968
Prepaid reinsurance premiums (2)		57,394		72,472
Other		42,963		36,401
Total other assets	$	350,350	$	358,962

(1)

We are the beneficiary of insurance policies on the lives of certain of our current and past officers and employees. The balances reported in other assets reflect the amounts that could be realized upon surrender of the insurance policies as of each respective date.

(2)

Relates to our QSR Program.

Schedule of Other Liabilities

The following table shows the components of other liabilities as of the dates indicated.


Other liabilities



(In thousands)	September 30, 2025		December 31, 2024
Reinsurance funds withheld (1)	$	131,379	$	121,983
Amount payable under securities lending agreements (2)		118,648		125,723
Accrued compensation		36,475		41,198
Current federal income taxes		26,184		23,290
Lease liability		26,171		29,761
Other		71,375		57,327
Total other liabilities	$	410,232	$	399,282

(1)

Represents ceded premiums written held by Radian Guaranty to collateralize our reinsurers’ obligations related to our QSR Program. See Note 8 for additional information.

(2)

Represents the obligation to return cash collateral under our securities lending agreements. See Note 7 for additional information.