Note 7 - Reinsurance (Tables)

9 Months Ended

Sep. 30, 2018

Reinsurance Disclosures [Abstract]

Reinsurance, Net Premiums Written and Earned [Table Text Block]

The effect of reinsurance on our mortgage insurance net premiums written and earned is as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
(In thousands)	2018			2017			2018			2017
Net premiums written—insurance:
Direct	$	278,118		$	265,927		$	819,812		$	766,219
Ceded (1)	(24,291		)	(18,117		)	(76,047		)	(52,437		)
Net premiums written—insurance	$	253,827		$	247,810		$	743,765		$	713,782
Net premiums earned—insurance:
Direct	$	271,487		$	250,541		$	795,811		$	729,832
Assumed	6			7			19			21
Ceded (1)	(16,011		)	(13,846		)	(48,830		)	(42,255		)
Net premiums earned—insurance	$	255,482		$	236,702		$	747,000		$	687,598

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(1)

Net of profit commission.

Single Premium QSR Program and QSR Program Details [Table Text Block]

The following tables show the amounts related to the Single Premium QSR Program and the QSR Program for the periods indicated:

	Single Premium QSR Program
	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands)	2018		2017		2018		2017
Ceded premiums written (1)	$	20,920	$	13,248	$	64,818	$	36,064
Ceded premiums earned (1)	11,181		6,771		32,718		18,941
Ceding commissions written	8,070		5,156		24,571		14,002
Ceding commissions earned (2)	5,635		3,536		16,546		9,721
Ceded losses	1,060		406		2,973		1,443

	QSR Program
	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands)	2018		2017		2018		2017
Ceded premiums written (1)	$	3,174	$	4,621	$	10,621	$	15,137
Ceded premiums earned (1)	4,632		6,826		15,502		22,064
Ceding commissions written	918		1,323		3,058		4,328
Ceding commissions earned (2)	2,738		2,925		9,182		10,198
Ceded losses	131		257		383		517

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(1) Net of profit commission.

(2)

Includes amounts reported in policy acquisition costs and other operating expenses.