Statutory Information (Tables)

9 Months Ended

Sep. 30, 2015

Schedule of Statutory Net Loss, Surplus, Contingency Reserve and Risk-to-Capital Ratio

NMIC and Re One's combined statutory net loss, statutory surplus, contingency reserve and risk-to-capital (RTC) ratios were as follows:



As of and for the nine months and year ended September 30, 2015 and December 31, 2014, respectively	September 30, 2015			December 31, 2014
	(In Thousands)
Statutory net loss	$	(38,591	)	$	(47,961	)
Statutory surplus	201,140			236,738
Contingency reserve	23,714			9,401
Risk-to-Capital	11.8:1			3.6:1

- 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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