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10-Q Filing

RADIAN GROUP INC CIK: 890926 Q3 2022
Filing Information
Form Type 10-Q
Accession Number 0000890926-22-000041
Period End Date 20220930
Filing Date 20221104
Fiscal Year 2022
Fiscal Period Q3
XBRL Instance rdn-20220930_htm.xml
Balance Sheet 86 line items
Line Item Tag Value Unit Period
Total fixed-maturities available for sale AvailableForSaleDebtSecuritiesAmortizedCostBasis $5.54B USD Point-in-time
Total fixed-maturities available for sale AvailableForSaleDebtSecuritiesAmortizedCostBasis $5.37B USD Point-in-time
Fixed-maturities available for saleat fair value (amortized cost of $5,535,532 and $5,367,729) AvailableForSaleSecuritiesDebtSecurities $5.52B USD Point-in-time
Trading securities amortized cost TradingSecuritiesDebtAmortizedCost $234.38M USD Point-in-time
Fixed-maturities available for saleat fair value (amortized cost of $5,535,532 and $5,367,729) AvailableForSaleSecuritiesDebtSecurities $4.91B USD Point-in-time
Trading securities amortized cost TradingSecuritiesDebtAmortizedCost $146.45M USD Point-in-time
Equity securities, fair value cost EquitySecuritiesFvNiCost $162.32M USD Point-in-time
Trading securitiesat fair value (amortized cost of $146,446 and $234,382) TradingSecuritiesDebt $256.55M USD Point-in-time
Trading securitiesat fair value (amortized cost of $146,446 and $234,382) TradingSecuritiesDebt $139.90M USD Point-in-time
Equity securities, fair value cost EquitySecuritiesFvNiCost $176.23M USD Point-in-time
Reinvested cash collateral held under securities lending agreements ReinvestedCashCollateralHeldUnderSecuritiesLendingAgreements $48.65M USD Point-in-time
Equity securitiesat fair value (cost of $162,320 and $176,229) EquitySecuritiesFvNi $184.25M USD Point-in-time
Equity securitiesat fair value (cost of $162,320 and $176,229) EquitySecuritiesFvNi $145.16M USD Point-in-time
Reinvested cash collateral held under securities lending agreements ReinvestedCashCollateralHeldUnderSecuritiesLendingAgreements $85.78M USD Point-in-time
Reinsurance recoverables, paid losses ReinsuranceRecoverablesPaidLosses $51.00K USD Point-in-time
Short-term investmentsat fair value (includes $85,777 and $48,652 of reinvested cash collateral held under securities lending agreements) OtherShortTermInvestments $551.51M USD Point-in-time
Short-term investmentsat fair value (includes $85,777 and $48,652 of reinvested cash collateral held under securities lending agreements) OtherShortTermInvestments $392.51M USD Point-in-time
Reinsurance recoverables, paid losses ReinsuranceRecoverablesPaidLosses $12.00K USD Point-in-time
Common stock, par or stated value per share CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Other invested assetsat fair value OtherInvestments $5.08M USD Point-in-time
Common stock, par or stated value per share CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Other invested assetsat fair value OtherInvestments $4.17M USD Point-in-time
Total investments Investments $6.51B USD Point-in-time
Total investments Investments $5.59B USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 485.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 485.00M shares Point-in-time
Cash CashAndCashEquivalentsAtCarryingValue $54.70M USD Point-in-time
Cash CashAndCashEquivalentsAtCarryingValue $151.15M USD Point-in-time
Common stock, shares, issued CommonStockSharesIssued 176.50M shares Point-in-time
Common stock, shares, issued CommonStockSharesIssued 194.41M shares Point-in-time
Common stock, shares, outstanding CommonStockSharesOutstanding 157.06M shares Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $1.11M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $1.48M USD Point-in-time
Common stock, shares, outstanding CommonStockSharesOutstanding 175.42M shares Point-in-time
Treasury stock, shares TreasuryStockShares 19.44M shares Point-in-time
Treasury stock, shares TreasuryStockShares 18.99M shares Point-in-time
Accrued investment income AccruedInvestmentIncome $32.81M USD Point-in-time
Accrued investment income AccruedInvestmentIncome $38.60M USD Point-in-time
Accounts and notes receivable AccountsReceivableNet $174.04M USD Point-in-time
Accounts and notes receivable AccountsReceivableNet $124.02M USD Point-in-time
Reinsurance recoverables (includes $12 and $51 for paid losses) ReinsuranceRecoverables $30.57M USD Point-in-time
Reinsurance recoverables (includes $12 and $51 for paid losses) ReinsuranceRecoverables $67.90M USD Point-in-time
Deferred policy acquisition costs DeferredPolicyAcquisitionCosts $16.32M USD Point-in-time
Deferred policy acquisition costs DeferredPolicyAcquisitionCosts $17.92M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $75.09M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $75.74M USD Point-in-time
Goodwill and other acquired intangible assets, net (Note 7) IntangibleAssetsNetIncludingGoodwill $19.59M USD Point-in-time
Goodwill and other acquired intangible assets, net (Note 7) IntangibleAssetsNetIncludingGoodwill $16.87M USD Point-in-time
Prepaid federal income taxes (Note 10) PrepaidTaxes $354.12M USD Point-in-time
Prepaid federal income taxes (Note 10) PrepaidTaxes $526.12M USD Point-in-time
Other assets (Note 9) OtherAssets $458.29M USD Point-in-time
Other assets (Note 9) OtherAssets $483.18M USD Point-in-time
Total assets Assets $7.84B USD Point-in-time
Total assets Assets $6.99B USD Point-in-time
Unearned premiums UnearnedPremiums $285.29M USD Point-in-time
Unearned premiums UnearnedPremiums $329.09M USD Point-in-time
Reserve for losses and LAE (Note 11) LiabilityForClaimsAndClaimsAdjustmentExpense $483.66M USD Point-in-time
Reserve for losses and LAE (Note 11) LiabilityForClaimsAndClaimsAdjustmentExpense $828.64M USD Point-in-time
Senior notes (Note 12) SeniorNotes $1.41B USD Point-in-time
Senior notes (Note 12) SeniorNotes $1.41B USD Point-in-time
FHLB advances (Note 12) AdvancesFromFederalHomeLoanBanks $153.55M USD Point-in-time
FHLB advances (Note 12) AdvancesFromFederalHomeLoanBanks $150.98M USD Point-in-time
Reinsurance funds withheld FundsHeldUnderReinsuranceAgreementsLiability $228.08M USD Point-in-time
Reinsurance funds withheld FundsHeldUnderReinsuranceAgreementsLiability $218.78M USD Point-in-time
Net deferred tax liability (Note 10) DeferredIncomeTaxLiabilitiesNet $337.51M USD Point-in-time
Net deferred tax liability (Note 10) DeferredIncomeTaxLiabilitiesNet $335.37M USD Point-in-time
Other liabilities OtherLiabilities $358.67M USD Point-in-time
Other liabilities OtherLiabilities $296.61M USD Point-in-time
Total liabilities Liabilities $3.25B USD Point-in-time
Total liabilities Liabilities $3.58B USD Point-in-time
Commitments and contingencies (Note 13) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 13) CommitmentsAndContingencies - USD Point-in-time
Common stock ($0.001 par value; 485,000 shares authorized; 2022: 176,497 and 157,058 shares issued and outstanding, respectively; 2021: 194,408 and 175,421 shares issued and outstanding, respectively) CommonStockValueOutstanding $176.00K USD Point-in-time
Common stock ($0.001 par value; 485,000 shares authorized; 2022: 176,497 and 157,058 shares issued and outstanding, respectively; 2021: 194,408 and 175,421 shares issued and outstanding, respectively) CommonStockValueOutstanding $194.00K USD Point-in-time
Treasury stock, at cost (2022: 19,440 shares; 2021: 18,987 shares) TreasuryStockValue $920.80M USD Point-in-time
Treasury stock, at cost (2022: 19,440 shares; 2021: 18,987 shares) TreasuryStockValue $930.40M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.51B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.88B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $3.18B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $3.66B USD Point-in-time
Accumulated other comprehensive income (loss) (Note 15) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-502.21M USD Point-in-time
Accumulated other comprehensive income (loss) (Note 15) AccumulatedOtherComprehensiveIncomeLossNetOfTax $120.09M USD Point-in-time
Total stockholders equity StockholdersEquity $4.26B USD Point-in-time
Total stockholders equity StockholdersEquity $3.74B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $6.99B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $7.84B USD Point-in-time
Income Statement 84 line items
Line Item Tag Value Unit Period
Net realized gains (losses) on investments sold or redeemed RealizedInvestmentGainsLosses $14.25M USD 1 Quarter
Net realized gains (losses) on investments sold or redeemed RealizedInvestmentGainsLosses $-4.14M USD 1 Quarter
Net realized gains (losses) on investments sold or redeemed RealizedInvestmentGainsLosses $18.33M USD 3 Qtrs
Net realized gains (losses) on investments sold or redeemed RealizedInvestmentGainsLosses $-8.45M USD 3 Qtrs
Net premiums earned (Note 8) PremiumsEarnedNet $775.75M USD 3 Qtrs
Net premiums earned (Note 8) PremiumsEarnedNet $240.22M USD 1 Quarter
Net premiums earned (Note 8) PremiumsEarnedNet $249.12M USD 1 Quarter
Net premiums earned (Note 8) PremiumsEarnedNet $748.30M USD 3 Qtrs
Services revenue (Note 4) ServicesRevenueNet $37.77M USD 1 Quarter
Services revenue (Note 4) ServicesRevenueNet $90.13M USD 3 Qtrs
Services revenue (Note 4) ServicesRevenueNet $76.78M USD 3 Qtrs
Services revenue (Note 4) ServicesRevenueNet $20.15M USD 1 Quarter
Net investment income NetInvestmentIncome $110.50M USD 3 Qtrs
Net investment income NetInvestmentIncome $136.57M USD 3 Qtrs
Net investment income NetInvestmentIncome $51.41M USD 1 Quarter
Net investment income NetInvestmentIncome $35.96M USD 1 Quarter
Net gains (losses) on investments and other financial instruments (includes net realized gains (losses) on investments of $(4,139), $14,246, $(8,454) and $18,330) (Note 6) NetGainsLossesOnInvestmentsAndOtherFinancialInstruments $-87.58M USD 3 Qtrs
Net gains (losses) on investments and other financial instruments (includes net realized gains (losses) on investments of $(4,139), $14,246, $(8,454) and $18,330) (Note 6) NetGainsLossesOnInvestmentsAndOtherFinancialInstruments $12.58M USD 3 Qtrs
Net gains (losses) on investments and other financial instruments (includes net realized gains (losses) on investments of $(4,139), $14,246, $(8,454) and $18,330) (Note 6) NetGainsLossesOnInvestmentsAndOtherFinancialInstruments $-16.25M USD 1 Quarter
Net gains (losses) on investments and other financial instruments (includes net realized gains (losses) on investments of $(4,139), $14,246, $(8,454) and $18,330) (Note 6) NetGainsLossesOnInvestmentsAndOtherFinancialInstruments $2.10M USD 1 Quarter
Other income OtherIncome $659.00K USD 1 Quarter
Other income OtherIncome $1.93M USD 3 Qtrs
Other income OtherIncome $2.61M USD 3 Qtrs
Other income OtherIncome $809.00K USD 1 Quarter
Total revenues Revenues $991.57M USD 3 Qtrs
Total revenues Revenues $296.19M USD 1 Quarter
Total revenues Revenues $876.00M USD 3 Qtrs
Total revenues Revenues $325.76M USD 1 Quarter
Provision for losses PolicyholderBenefitsAndClaimsIncurredNet $-294.64M USD 3 Qtrs
Provision for losses PolicyholderBenefitsAndClaimsIncurredNet $17.30M USD 1 Quarter
Provision for losses PolicyholderBenefitsAndClaimsIncurredNet $67.10M USD 3 Qtrs
Provision for losses PolicyholderBenefitsAndClaimsIncurredNet $-96.96M USD 1 Quarter
Policy acquisition costs DeferredPolicyAcquisitionCostAmortizationExpense $21.76M USD 3 Qtrs
Policy acquisition costs DeferredPolicyAcquisitionCostAmortizationExpense $5.44M USD 1 Quarter
Policy acquisition costs DeferredPolicyAcquisitionCostAmortizationExpense $17.99M USD 3 Qtrs
Policy acquisition costs DeferredPolicyAcquisitionCostAmortizationExpense $7.92M USD 1 Quarter
Cost of services CostOfServicesTitleInsurance $66.23M USD 3 Qtrs
Cost of services CostOfServicesTitleInsurance $30.52M USD 1 Quarter
Cost of services CostOfServicesTitleInsurance $75.38M USD 3 Qtrs
Cost of services CostOfServicesTitleInsurance $18.72M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $271.36M USD 3 Qtrs
Other operating expenses OtherCostAndExpenseOperating $243.21M USD 3 Qtrs
Other operating expenses OtherCostAndExpenseOperating $86.48M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $91.33M USD 1 Quarter
Interest expense InterestExpense $63.21M USD 3 Qtrs
Interest expense InterestExpense $62.86M USD 3 Qtrs
Interest expense InterestExpense $21.03M USD 1 Quarter
Interest expense InterestExpense $21.18M USD 1 Quarter
Amortization of other acquired intangible assets AmortizationOfIntangibleAssets $862.00K USD 1 Quarter
Amortization of other acquired intangible assets AmortizationOfIntangibleAssets $2.59M USD 3 Qtrs
Amortization of other acquired intangible assets AmortizationOfIntangibleAssets $2.72M USD 3 Qtrs
Amortization of other acquired intangible assets AmortizationOfIntangibleAssets $1.02M USD 1 Quarter
Total expenses OperatingExpenses $164.12M USD 1 Quarter
Total expenses OperatingExpenses $473.24M USD 3 Qtrs
Total expenses OperatingExpenses $126.52M USD 3 Qtrs
Total expenses OperatingExpenses $40.73M USD 1 Quarter
Pretax income IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $161.64M USD 1 Quarter
Pretax income IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $749.48M USD 3 Qtrs
Pretax income IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $518.33M USD 3 Qtrs
Pretax income IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $255.46M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $57.18M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $168.88M USD 3 Qtrs
Income tax provision IncomeTaxExpenseBenefit $35.23M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $111.10M USD 3 Qtrs
Net income NetIncomeLoss $580.60M USD 3 Qtrs
Net income NetIncomeLoss $198.28M USD 1 Quarter
Net income NetIncomeLoss $407.23M USD 3 Qtrs
Net income NetIncomeLoss $126.41M USD 1 Quarter
Basic net income per share (in usd per share) EarningsPerShareBasic $0.68 USD 1 Quarter
Basic net income per share (in usd per share) EarningsPerShareBasic $1.22 USD 1 Quarter
Basic net income per share (in usd per share) EarningsPerShareBasic $2.13 USD 3 Qtrs
Basic net income per share (in usd per share) EarningsPerShareBasic $3.39 USD 3 Qtrs
Diluted net income per share (in usd per share) EarningsPerShareDiluted $1.20 USD 1 Quarter
Diluted net income per share (in usd per share) EarningsPerShareDiluted $0.67 USD 1 Quarter
Diluted net income per share (in usd per share) EarningsPerShareDiluted $2.11 USD 3 Qtrs
Diluted net income per share (in usd per share) EarningsPerShareDiluted $3.34 USD 3 Qtrs
Weighted-average number of common shares outstandingbasic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 191.36M shares 3 Qtrs
Weighted-average number of common shares outstandingbasic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 162.51M shares 1 Quarter
Weighted-average number of common shares outstandingbasic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 171.12M shares 3 Qtrs
Weighted-average number of common shares outstandingbasic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 186.74M shares 1 Quarter
Weighted-average number of common and common equivalent shares outstandingdiluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 188.04M shares 1 Quarter
Weighted-average number of common and common equivalent shares outstandingdiluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 164.74M shares 1 Quarter
Weighted-average number of common and common equivalent shares outstandingdiluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 173.62M shares 3 Qtrs
Weighted-average number of common and common equivalent shares outstandingdiluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 192.90M shares 3 Qtrs
Cash Flow Statement 50 line items
Line Item Tag Value Unit Period
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $282.15M USD 3 Qtrs
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $403.30M USD 3 Qtrs
Fixed-maturities available for sale ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $536.39M USD 3 Qtrs
Fixed-maturities available for sale ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $395.98M USD 3 Qtrs
Trading securities ProceedsFromSaleOfTradingSecuritiesHeldforinvestment $8.83M USD 3 Qtrs
Trading securities ProceedsFromSaleOfTradingSecuritiesHeldforinvestment $7.95M USD 3 Qtrs
Equity securities ProceedsFromSaleOfEquitySecuritiesFvNi $7.64M USD 3 Qtrs
Equity securities ProceedsFromSaleOfEquitySecuritiesFvNi $29.29M USD 3 Qtrs
Fixed-maturities available for sale ProceedsFromSaleAndMaturityOfMarketableSecurities $663.25M USD 3 Qtrs
Fixed-maturities available for sale ProceedsFromSaleAndMaturityOfMarketableSecurities $917.03M USD 3 Qtrs
Trading securities ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment $78.46M USD 3 Qtrs
Trading securities ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment $11.70M USD 3 Qtrs
Fixed-maturities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $1.41B USD 3 Qtrs
Fixed-maturities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $1.24B USD 3 Qtrs
Equity securities PaymentsToAcquireEquitySecuritiesFvNi $23.23M USD 3 Qtrs
Equity securities PaymentsToAcquireEquitySecuritiesFvNi $102.96M USD 3 Qtrs
Short-term investments, net PaymentsForProceedsFromShortTermInvestments $-168.93M USD 3 Qtrs
Short-term investments, net PaymentsForProceedsFromShortTermInvestments $17.47M USD 3 Qtrs
Other assets and other invested assets, net PaymentsForProceedsFromOtherInvestingActivities $-6.25M USD 3 Qtrs
Other assets and other invested assets, net PaymentsForProceedsFromOtherInvestingActivities $534.00K USD 3 Qtrs
Additions to property and equipment PaymentsForProceedsFromProductiveAssets $8.72M USD 3 Qtrs
Additions to property and equipment PaymentsForProceedsFromProductiveAssets $12.15M USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-33.98M USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $48.56M USD 3 Qtrs
Dividends and dividend equivalents paid PaymentsOfDividendsCommonStock $78.17M USD 3 Qtrs
Dividends and dividend equivalents paid PaymentsOfDividendsCommonStock $103.72M USD 3 Qtrs
Issuance of common stock ProceedsFromIssuanceOfCommonStock $1.12M USD 3 Qtrs
Issuance of common stock ProceedsFromIssuanceOfCommonStock $1.23M USD 3 Qtrs
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $251.48M USD 3 Qtrs
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $387.11M USD 3 Qtrs
Credit facility commitment fees paid ProceedsFromPaymentsForOtherFinancingActivities $-710.00K USD 3 Qtrs
Credit facility commitment fees paid ProceedsFromPaymentsForOtherFinancingActivities $-574.00K USD 3 Qtrs
Change in secured borrowings, net (with terms three months or less) IncreaseDecreaseInSecuritiesLendingPayable $38.24M USD 3 Qtrs
Change in secured borrowings, net (with terms three months or less) IncreaseDecreaseInSecuritiesLendingPayable $60.20M USD 3 Qtrs
Proceeds from secured borrowings (with terms greater than three months) ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths $26.57M USD 3 Qtrs
Proceeds from secured borrowings (with terms greater than three months) ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths $32.00M USD 3 Qtrs
Repayments of secured borrowings (with terms greater than three months) RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths $24.00M USD 3 Qtrs
Repayments of secured borrowings (with terms greater than three months) RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths $48.00M USD 3 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-427.52M USD 3 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-306.89M USD 3 Qtrs
Increase (decrease) in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $62.43M USD 3 Qtrs
Increase (decrease) in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-96.81M USD 3 Qtrs
Cash and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $156.57M USD Point-in-time
Cash and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $94.15M USD Point-in-time
Cash and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $55.81M USD Point-in-time
Cash and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $152.62M USD Point-in-time
Cash and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $156.57M USD Point-in-time
Cash and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $94.15M USD Point-in-time
Cash and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $55.81M USD Point-in-time
Cash and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $152.62M USD Point-in-time
Stockholders Equity 12 line items
Line Item Tag Value Unit Period
Balance, beginning of period StockholdersEquity $4.26B USD Point-in-time
Balance, beginning of period StockholdersEquity $3.74B USD Point-in-time
Net income NetIncomeLoss $580.60M USD 3 Qtrs
Net income NetIncomeLoss $198.28M USD 1 Quarter
Net income NetIncomeLoss $407.23M USD 3 Qtrs
Net income NetIncomeLoss $126.41M USD 1 Quarter
Net unrealized gains (losses) on investments, net of tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-622.39M USD 3 Qtrs
Net unrealized gains (losses) on investments, net of tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-26.63M USD 1 Quarter
Net unrealized gains (losses) on investments, net of tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-173.11M USD 1 Quarter
Net unrealized gains (losses) on investments, net of tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-111.50M USD 3 Qtrs
Balance, end of period StockholdersEquity $4.26B USD Point-in-time
Balance, end of period StockholdersEquity $3.74B USD Point-in-time
Comprehensive Income 32 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $580.60M USD 3 Qtrs
Net income NetIncomeLoss $198.28M USD 1 Quarter
Net income NetIncomeLoss $407.23M USD 3 Qtrs
Net income NetIncomeLoss $126.41M USD 1 Quarter
Unrealized holding gains (losses) on investments arising during the period for which an allowance for expected losses has not been recognized OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-106.29M USD 3 Qtrs
Unrealized holding gains (losses) on investments arising during the period for which an allowance for expected losses has not been recognized OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-630.35M USD 3 Qtrs
Unrealized holding gains (losses) on investments arising during the period for which an allowance for expected losses has not been recognized OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-176.39M USD 1 Quarter
Unrealized holding gains (losses) on investments arising during the period for which an allowance for expected losses has not been recognized OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-23.39M USD 1 Quarter
Net realized gains (losses) on disposals and non-credit related impairment losses OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax $4.49M USD 3 Qtrs
Net realized gains (losses) on disposals and non-credit related impairment losses OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax $-7.96M USD 3 Qtrs
Net realized gains (losses) on disposals and non-credit related impairment losses OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax $-3.28M USD 1 Quarter
Net realized gains (losses) on disposals and non-credit related impairment losses OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax $3.24M USD 1 Quarter
Net decrease (increase) in expected credit losses OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax - USD 1 Quarter
Net decrease (increase) in expected credit losses OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $725.00K USD 3 Qtrs
Net decrease (increase) in expected credit losses OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax - USD 1 Quarter
Net decrease (increase) in expected credit losses OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax - USD 3 Qtrs
Net unrealized gains (losses) on investments OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-622.39M USD 3 Qtrs
Net unrealized gains (losses) on investments OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-26.63M USD 1 Quarter
Net unrealized gains (losses) on investments OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-173.11M USD 1 Quarter
Net unrealized gains (losses) on investments OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-111.50M USD 3 Qtrs
Other adjustments to comprehensive income (loss), net OtherAdjustmentsToOtherComprehensiveIncomeNetOfTax - USD 3 Qtrs
Other adjustments to comprehensive income (loss), net OtherAdjustmentsToOtherComprehensiveIncomeNetOfTax $84.00K USD 3 Qtrs
Other adjustments to comprehensive income (loss), net OtherAdjustmentsToOtherComprehensiveIncomeNetOfTax - USD 1 Quarter
Other adjustments to comprehensive income (loss), net OtherAdjustmentsToOtherComprehensiveIncomeNetOfTax - USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-622.31M USD 3 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-26.63M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-111.50M USD 3 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-173.11M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $99.78M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $-41.70M USD 3 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $295.73M USD 3 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $25.17M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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