Note 15 - Statutory Information (Tables)

6 Months Ended

Jun. 30, 2019

SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Abstract]

Risk To Capital Calculation [Table Text Block]

Radian Guaranty’s Risk-to-capital calculation appears in the table below. For purposes of the Risk-to-capital requirements imposed by certain states, statutory capital is defined as the sum of statutory policyholders’ surplus plus statutory contingency reserves.

	June 30, 2019			December 31, 2018
($ in millions)
RIF, net (1)	$	42,154.0		$	40,711.3
Common stock and paid-in capital	$	1,041.0		$	1,416.0
Surplus Note	100.0			100.0
Unassigned earnings (deficit)	(605.7		)	(701.9		)
Statutory policyholders’ surplus	535.3			814.1
Contingency reserve	2,351.2			2,109.9
Statutory capital	$	2,886.5		$	2,924.0
Risk-to-capital	14.6:1			13.9:1

______________________

(1)

Excludes risk ceded through all reinsurance programs (including with affiliates) and RIF on defaulted loans.