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Investments - Available for Sale Securities (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Debt Securities, Available-for-sale [Line Items]    
Less: loaned securities $ 134,393 $ 139,121
Total fixed-maturities, available for sale, Amortized Cost 5,360,398 5,498,422
Total fixed-maturities available for sale, Fair Value 5,074,425 5,062,405
Total fixed-maturities available for sale    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 5,457,615 5,635,504
Total fixed-maturities, available for sale, Amortized Cost 5,360,398 5,498,422
Gross Unrealized Gains 47,339 16,564
Gross Unrealized Losses [1] (334,362) (459,811)
Fair Value 5,170,592 5,192,257
Total fixed-maturities available for sale, Fair Value 5,074,425 5,062,405
U.S. government and agency securities    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 149,659 151,955
Gross Unrealized Gains 163 0
Gross Unrealized Losses (27,621) (31,714)
Fair Value 122,201 120,241
State and municipal obligations    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 185,638 166,114
Gross Unrealized Gains 1,558 40
Gross Unrealized Losses (14,550) (18,263)
Fair Value 172,646 147,891
Corporate bonds and notes    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 2,764,029 2,876,060
Gross Unrealized Gains 26,859 5,261
Gross Unrealized Losses (205,510) (277,535)
Fair Value 2,585,378 2,603,786
RMBS    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 1,027,209 1,104,708
Gross Unrealized Gains 10,591 6,965
Gross Unrealized Losses (69,008) (100,055)
Fair Value 968,792 1,011,618
CMBS    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 295,853 437,314
Gross Unrealized Gains 184 51
Gross Unrealized Losses (14,989) (26,090)
Fair Value 281,048 411,275
CLO    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 439,257 411,328
Gross Unrealized Gains 1,213 983
Gross Unrealized Losses (295) (849)
Fair Value 440,175 411,462
Other ABS    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 550,586 442,578
Gross Unrealized Gains 5,819 1,555
Gross Unrealized Losses (2,389) (5,305)
Fair Value 554,016 438,828
Mortgage insurance-linked notes    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost [2] 45,384 45,447
Gross Unrealized Gains [2] 952 1,709
Gross Unrealized Losses [2] 0 0
Fair Value [2] 46,336 47,156
Loaned securities, amortized cost | Total fixed-maturities available for sale    
Debt Securities, Available-for-sale [Line Items]    
Less: loaned securities [3] 97,217 137,082
Loaned securities, fair value | Total fixed-maturities available for sale    
Debt Securities, Available-for-sale [Line Items]    
Less: loaned securities [3] $ 96,167 $ 129,852
[1] See “Gross Unrealized Losses and Related Fair Value of Available for Sale Securities” below for additional details.
[2] Includes mortgage insurance-linked notes purchased by Radian Group in connection with the XOL Program. See Note 8 for more information.
[3] Included in other assets on our condensed consolidated balance sheets. See “Loaned Securities” below for a discussion of our securities lending agreements.