Schedule I: Summary of Investments—Other Than Investments in Related Parties (Tables)

12 Months Ended

Dec. 31, 2023

Schedule I Summary of Investments [Abstract]

Summary of Investments - Other Than Investments in Related Parties

(In thousands)	Amortized Cost		Fair Value			Amount Reflected on the Consolidated Balance Sheet
Type of Investment
Fixed-maturities available for sale
Bonds
U.S. government and agency securities	$	171,194	$	144,396		$	144,396
State and municipal obligations	158,539		142,785			142,785
Corporate bonds and notes	2,876,175		2,629,284			2,629,284
RMBS	1,089,919		1,014,071			1,014,071
CMBS	605,029		558,383			558,383
CLO	494,339		487,849			487,849
Other ABS	286,988		284,559			284,559
Foreign government and agency securities	5,128		5,087			5,087
Mortgage insurance-linked notes (1)	47,456		48,996			48,996
Total securities available for sale	5,734,767		5,315,410		(2)	5,315,410		(2)
Trading securities	110,484		106,423			106,423
Equity securities
Common stocks
Industrial, miscellaneous and all other	173,925		164,955			164,955
Total equity securities	173,925		164,955		(3)	164,955		(3)
Mortgage loans held for sale	32,132		32,755			32,755
Other invested assets	8,461		8,625			8,625
Short-term investments (4)	661,143		661,179		(5)	661,179		(5)
Total investments other than investments in related parties	$	6,720,912	$	6,289,347		$	6,289,347

(1)Includes mortgage insurance-linked notes purchased by Radian Group in connection with the XOL Program. See Note 8 of Notes to Consolidated Financial Statements for more information about our reinsurance programs.

(2)Includes $127 million of fixed-maturity securities available for sale loaned under securities lending agreements that are classified as other assets in our consolidated balance sheets.

(3)Includes $76 million of equity securities loaned under securities lending agreements that are classified as other assets in our consolidated balance sheets.

(4)Includes cash collateral held under securities lending agreements of $149 million that is reinvested in money market instruments.

(5)Includes $1 million of short-term investments loaned under securities lending agreements that are classified as other assets in our consolidated balance sheets.