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Losses and LAE - Reserve for Losses and LAE Rollforward (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Loss reserve [Roll Forward]    
Balance at beginning of period $ 354,431  
Deduct: Paid claims and LAE related to:    
Balance at end of period 387,650  
Mortgage Insurance revenues    
Loss reserve [Roll Forward]    
Balance at beginning of period 354,431 $ 364,923
Less: Reinsurance recoverables [1] 34,144 25,074
Balance at beginning of period, net of reinsurance recoverables 320,287 339,849
Add: Losses and LAE incurred in respect of default notices reported and unreported in:    
Current year [2] 159,968 151,497
Prior years (114,788) (153,806)
Total incurred 45,180 (2,309)
Deduct: Paid claims and LAE related to:    
Current year [2] 666 359
Prior years 20,558 11,937
Total paid 21,224 12,296
Balance at end of period, net of reinsurance recoverables 344,243 325,244
Add: Reinsurance recoverables [1] 43,407 31,710
Balance at end of period $ 387,650 $ 356,954
[1] Related to ceded losses recoverable, if any, on reinsurance transactions. See Note 8 for additional information.
[2] Related to underlying defaulted loans with a most recent default notice dated in the year indicated. For example, if a loan had defaulted in a prior year, but then subsequently cured and later re-defaulted in the current year, that default would be considered a current year default.