Capital Requirements (Tables)

12 Months Ended

Dec. 31, 2015

Summary of amounts disclosed under statutory accounting practices

The surplus amounts included below are the combined surplus of our insurance operations as utilized in our risk-to-capital calculations.



(In thousands)	Net (loss) income				Surplus			Contingency Reserve
Years Ended December 31,
2015	$	(72,767	)	(1)	$	1,608,214	(1)	$	826,706
2014	13,203				1,585,164			318,247
2013	(8,046		)		1,584,121			18,558


(1)	The dissolution of an MGIC non-insurance subsidiary in 2015 had no impact on statutory surplus as the equity value of the investment was fully reflected in surplus as an unrealized loss prior to 2015.



(In thousands)	Additions to the surplus of MGIC from parent company funds		Additions to the surplus of other insurance subsidiaries from parent company funds		Dividends paid by MGIC to the parent company		Dividends paid by other insurance subsidiaries to the parent company
Years Ended December 31,
2015	$	—	$	—	$	—	$	38,500
2014	—		—		—		—
2013	800,000		—		—		—

- 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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