10-K Filing

RADIAN GROUP INC CIK: 890926 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0000890926-24-000006`
Period End Date	20231231
Filing Date	20240223
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	rdn-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 67 Cash Flow Statement 135 Stockholders Equity 12 Comprehensive Income 24

Balance Sheet 91 line items

Line Item	Tag	Value	Unit	Period
Fixed-maturities available for sale, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$5.59B	USD	Point-in-time
Fixed-maturities available for sale, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$5.60B	USD	Point-in-time
Trading securities, amortized cost	`TradingSecuritiesDebtAmortizedCost`	$122.47M	USD	Point-in-time
Trading securities, amortized cost	`TradingSecuritiesDebtAmortizedCost`	$110.48M	USD	Point-in-time
Equity securities, amortized cost	`EquitySecuritiesFvNiCost`	$162.90M	USD	Point-in-time
Fixed-maturities available for saleat fair value (amortized cost of $5,599,111 and $5,587,261)	`AvailableForSaleSecuritiesDebtSecurities`	$5.02B	USD	Point-in-time
Equity securities, amortized cost	`EquitySecuritiesFvNiCost`	$92.12M	USD	Point-in-time
Fixed-maturities available for saleat fair value (amortized cost of $5,599,111 and $5,587,261)	`AvailableForSaleSecuritiesDebtSecurities`	$5.19B	USD	Point-in-time
Reinvested cash collateral held under securities lending agreements	`ReinvestedCashCollateralHeldUnderSecuritiesLendingAgreements`	$149.36M	USD	Point-in-time
Trading securitiesat fair value (amortized cost of $110,484 and $122,472)	`TradingSecuritiesDebt`	$106.42M	USD	Point-in-time
Trading securitiesat fair value (amortized cost of $110,484 and $122,472)	`TradingSecuritiesDebt`	$115.67M	USD	Point-in-time
Reinvested cash collateral held under securities lending agreements	`ReinvestedCashCollateralHeldUnderSecuritiesLendingAgreements`	$99.73M	USD	Point-in-time
Equity securitiesat fair value (cost of $92,124 and $162,899)	`EquitySecuritiesFvNi`	$89.06M	USD	Point-in-time
Reinsurance recoverables, paid losses	`ReinsuranceRecoverablesPaidLosses`	$59.00K	USD	Point-in-time
Reinsurance recoverables, paid losses	`ReinsuranceRecoverablesPaidLosses`	$18.00K	USD	Point-in-time
Equity securitiesat fair value (cost of $92,124 and $162,899)	`EquitySecuritiesFvNi`	$148.97M	USD	Point-in-time
Mortgage loans held for saleat fair value	`MortgageLoansOnRealEstateCommercialAndConsumerNet`	$3.55M	USD	Point-in-time
Mortgage loans held for saleat fair value	`MortgageLoansOnRealEstateCommercialAndConsumerNet`	$32.76M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other invested assetsat fair value	`OtherInvestments`	$8.62M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	485.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	485.00M	shares	Point-in-time
Other invested assetsat fair value	`OtherInvestments`	$5.51M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	176.51M	shares	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	173.25M	shares	Point-in-time
Short-term investmentsat fair value (includes $149,364 and $99,735 of reinvested cash collateral held under securities lending agreements)	`OtherShortTermInvestments`	$402.09M	USD	Point-in-time
Short-term investmentsat fair value (includes $149,364 and $99,735 of reinvested cash collateral held under securities lending agreements)	`OtherShortTermInvestments`	$660.57M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	191.61M	shares	Point-in-time
Total investments	`Investments`	$5.69B	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	175.42M	shares	Point-in-time
Total investments	`Investments`	$6.09B	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	153.18M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	157.06M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	20.07M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	19.45M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$19.00M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$56.18M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$377.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.07M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncome`	$40.09M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncome`	$45.78M	USD	Point-in-time
Accounts and notes receivable	`AccountsReceivableNet`	$123.86M	USD	Point-in-time
Accounts and notes receivable	`AccountsReceivableNet`	$119.83M	USD	Point-in-time
Reinsurance recoverable (includes $59 and $18 for paid losses)	`ReinsuranceRecoverables`	$25.63M	USD	Point-in-time
Reinsurance recoverable (includes $59 and $18 for paid losses)	`ReinsuranceRecoverables`	$25.91M	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$18.46M	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$18.72M	USD	Point-in-time
Property and equipment, net (Note 2)	`PropertyPlantAndEquipmentNet`	$70.98M	USD	Point-in-time
Property and equipment, net (Note 2)	`PropertyPlantAndEquipmentNet`	$63.82M	USD	Point-in-time
Goodwill and other acquired intangible assets, net (Note 2)	`IntangibleAssetsNetIncludingGoodwill`	$15.29M	USD	Point-in-time
Goodwill and other acquired intangible assets, net (Note 2)	`IntangibleAssetsNetIncludingGoodwill`	-	USD	Point-in-time
Prepaid federal income taxes (Note 10)	`PrepaidTaxes`	$750.32M	USD	Point-in-time
Prepaid federal income taxes (Note 10)	`PrepaidTaxes`	$596.37M	USD	Point-in-time
Other assets (Note 9)	`OtherAssets`	$427.02M	USD	Point-in-time
Other assets (Note 9)	`OtherAssets`	$459.81M	USD	Point-in-time
Total assets	`Assets`	$7.59B	USD	Point-in-time
Total assets	`Assets`	$7.06B	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$225.40M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$271.48M	USD	Point-in-time
Reserve for losses and LAE (Note 11)	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$370.15M	USD	Point-in-time
Reserve for losses and LAE (Note 11)	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$426.84M	USD	Point-in-time
Senior notes (Note 12)	`SeniorNotes`	$1.42B	USD	Point-in-time
Senior notes (Note 12)	`SeniorNotes`	$1.41B	USD	Point-in-time
Secured borrowings (Note 12)	`OtherBorrowings`	$119.48M	USD	Point-in-time
Secured borrowings (Note 12)	`OtherBorrowings`	$155.82M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$152.07M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$130.56M	USD	Point-in-time
Net deferred tax liability (Note 10)	`DeferredIncomeTaxLiabilitiesNet`	$589.56M	USD	Point-in-time
Net deferred tax liability (Note 10)	`DeferredIncomeTaxLiabilitiesNet`	$391.08M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$343.20M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$333.60M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.20B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.14B	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; 2023: 173,247 and 153,179 shares issued and outstanding, respectively; 2022: 176,509 and 157,056 shares issued and outstanding, respectively)	`CommonStockValue`	$176.00K	USD	Point-in-time
Common stock ($0.001 par value; 485,000 shares authorized; 2023: 173,247 and 153,179 shares issued and outstanding, respectively; 2022: 176,509 and 157,056 shares issued and outstanding, respectively)	`CommonStockValue`	$173.00K	USD	Point-in-time
Treasury stock, at cost (2023: 20,068 shares; 2022: 19,453 shares)	`TreasuryStockCommonValue`	$930.64M	USD	Point-in-time
Treasury stock, at cost (2023: 20,068 shares; 2022: 19,453 shares)	`TreasuryStockCommonValue`	$945.87M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.43B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.52B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.79B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.24B	USD	Point-in-time
Accumulated other comprehensive income (loss) (Note 15)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-330.85M	USD	Point-in-time
Accumulated other comprehensive income (loss) (Note 15)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-456.80M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.26B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.92B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.40B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.06B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.59B	USD	Point-in-time

Income Statement 67 line items

Line Item	Tag	Value	Unit	Period
Change in unrealized gains (losses) on investments sold or redeemed	`RealizedInvestmentGainsLosses`	$20.84M	USD	Annual
Change in unrealized gains (losses) on investments sold or redeemed	`RealizedInvestmentGainsLosses`	$-10.73M	USD	Annual
Change in unrealized gains (losses) on investments sold or redeemed	`RealizedInvestmentGainsLosses`	$-8.31M	USD	Annual
Net premiums earned (Note 8)	`PremiumsEarnedNet`	$981.13M	USD	Annual
Net premiums earned (Note 8)	`PremiumsEarnedNet`	$1.04B	USD	Annual
Net premiums earned (Note 8)	`PremiumsEarnedNet`	$919.58M	USD	Annual
Services revenue (Note 4)	`ServicesRevenueNet`	$125.83M	USD	Annual
Services revenue (Note 4)	`ServicesRevenueNet`	$46.09M	USD	Annual
Services revenue (Note 4)	`ServicesRevenueNet`	$92.22M	USD	Annual
Net investment income (Note 6)	`NetInvestmentIncome`	$258.43M	USD	Annual
Net investment income (Note 6)	`NetInvestmentIncome`	$195.66M	USD	Annual
Net investment income (Note 6)	`NetInvestmentIncome`	$147.91M	USD	Annual
Net gains (losses) on investments and other financial instruments (includes net realized gains (losses) on investments of $(10,733), $(8,306) and $20,842) (Note 6)	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$15.60M	USD	Annual
Net gains (losses) on investments and other financial instruments (includes net realized gains (losses) on investments of $(10,733), $(8,306) and $20,842) (Note 6)	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$10.24M	USD	Annual
Net gains (losses) on investments and other financial instruments (includes net realized gains (losses) on investments of $(10,733), $(8,306) and $20,842) (Note 6)	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$-80.73M	USD	Annual
Other income	`OtherIncome`	$3.41M	USD	Annual
Other income	`OtherIncome`	$6.25M	USD	Annual
Other income	`OtherIncome`	$2.45M	USD	Annual
Total revenues	`Revenues`	$1.33B	USD	Annual
Total revenues	`Revenues`	$1.24B	USD	Annual
Total revenues	`Revenues`	$1.19B	USD	Annual
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$-42.53M	USD	Annual
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$-338.24M	USD	Annual
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$20.88M	USD	Annual
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$29.03M	USD	Annual
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$23.92M	USD	Annual
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$24.58M	USD	Annual
Cost of services	`CostOfGoodsAndServicesSold`	$38.49M	USD	Annual
Cost of services	`CostOfGoodsAndServicesSold`	$103.71M	USD	Annual
Cost of services	`CostOfGoodsAndServicesSold`	$82.36M	USD	Annual
Other operating expenses	`OtherCostAndExpenseOperating`	$381.15M	USD	Annual
Other operating expenses	`OtherCostAndExpenseOperating`	$323.69M	USD	Annual
Other operating expenses	`OtherCostAndExpenseOperating`	$347.58M	USD	Annual
Interest expense	`InterestExpense`	$89.69M	USD	Annual
Interest expense	`InterestExpense`	$84.45M	USD	Annual
Interest expense	`InterestExpense`	$84.34M	USD	Annual
Impairment of goodwill (Note 2)	`GoodwillImpairmentLoss`	$9.80M	USD	Annual
Impairment of goodwill (Note 2)	`GoodwillImpairmentLoss`	-	USD	Annual
Impairment of goodwill (Note 2)	`GoodwillImpairmentLoss`	-	USD	Annual
Impairment of goodwill (Note 2)	`GoodwillImpairmentLoss`	$10.00M	USD	1 Quarter
Amortization of other acquired intangible assets	`AmortizationOfIntangibleAssets`	$5.48M	USD	Annual
Amortization of other acquired intangible assets	`AmortizationOfIntangibleAssets`	$3.45M	USD	Annual
Amortization of other acquired intangible assets	`AmortizationOfIntangibleAssets`	$4.31M	USD	Annual
Total expenses	`CostsAndExpenses`	$565.10M	USD	Annual
Total expenses	`CostsAndExpenses`	$237.95M	USD	Annual
Total expenses	`CostsAndExpenses`	$473.10M	USD	Annual
Pretax income	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$952.78M	USD	Annual
Pretax income	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$764.83M	USD	Annual
Pretax income	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$767.49M	USD	Annual
Income tax provision (Note 10)	`IncomeTaxExpenseBenefit`	$164.37M	USD	Annual
Income tax provision (Note 10)	`IncomeTaxExpenseBenefit`	$209.84M	USD	Annual
Income tax provision (Note 10)	`IncomeTaxExpenseBenefit`	$164.16M	USD	Annual
Net income	`NetIncomeLoss`	$742.93M	USD	Annual
Net income	`NetIncomeLoss`	$600.67M	USD	Annual
Net income	`NetIncomeLoss`	$603.12M	USD	Annual
Basic (in usd per share)	`EarningsPerShareBasic`	$3.81	USD	Annual
Basic (in usd per share)	`EarningsPerShareBasic`	$4.42	USD	Annual
Basic (in usd per share)	`EarningsPerShareBasic`	$3.19	USD	Annual
Diluted (in usd per share)	`EarningsPerShareDiluted`	$4.35	USD	Annual
Diluted (in usd per share)	`EarningsPerShareDiluted`	$3.16	USD	Annual
Diluted (in usd per share)	`EarningsPerShareDiluted`	$3.77	USD	Annual
Weighted-average number of common shares outstandingbasic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	167.93M	shares	Annual
Weighted-average number of common shares outstandingbasic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	158.14M	shares	Annual
Weighted-average number of common shares outstandingbasic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	188.37M	shares	Annual
Weighted-average number of common and common equivalent shares outstandingdiluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	160.13M	shares	Annual
Weighted-average number of common and common equivalent shares outstandingdiluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	190.26M	shares	Annual
Weighted-average number of common and common equivalent shares outstandingdiluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	170.66M	shares	Annual

Cash Flow Statement 135 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$742.93M	USD	Annual
Net income	`NetIncomeLoss`	$600.67M	USD	Annual
Net income	`NetIncomeLoss`	$603.12M	USD	Annual
Net (gains) losses on investments and other financial instruments	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$15.60M	USD	Annual
Net (gains) losses on investments and other financial instruments	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$10.24M	USD	Annual
Net (gains) losses on investments and other financial instruments	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$-80.73M	USD	Annual
Purchases of mortgage loans held for sale	`PaymentsToPurchaseMortgageLoansHeldForSale`	$3.89M	USD	Annual
Purchases of mortgage loans held for sale	`PaymentsToPurchaseMortgageLoansHeldForSale`	$220.88M	USD	Annual
Purchases of mortgage loans held for sale	`PaymentsToPurchaseMortgageLoansHeldForSale`	-	USD	Annual
Proceeds from sales of mortgage loans held for sale	`ProceedsFromSaleOfMortgageLoansHeldForSale`	-	USD	Annual
Proceeds from sales of mortgage loans held for sale	`ProceedsFromSaleOfMortgageLoansHeldForSale`	-	USD	Annual
Proceeds from sales of mortgage loans held for sale	`ProceedsFromSaleOfMortgageLoansHeldForSale`	$172.57M	USD	Annual
Proceeds from repayments of mortgage loans held for sale	`ProceedsFromCollectionOfMortgageLoansHeldForSale`	$17.06M	USD	Annual
Proceeds from repayments of mortgage loans held for sale	`ProceedsFromCollectionOfMortgageLoansHeldForSale`	$393.00K	USD	Annual
Proceeds from repayments of mortgage loans held for sale	`ProceedsFromCollectionOfMortgageLoansHeldForSale`	-	USD	Annual
Impairment of goodwill	`GoodwillImpairmentLoss`	$9.80M	USD	Annual
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	Annual
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	Annual
Impairment of goodwill	`GoodwillImpairmentLoss`	$10.00M	USD	1 Quarter
Amortization of other acquired intangible assets	`IncreaseDecreaseInGoodwillAndIntangibleAssetsIncludingRestructuring`	$4.31M	USD	Annual
Amortization of other acquired intangible assets	`IncreaseDecreaseInGoodwillAndIntangibleAssetsIncludingRestructuring`	$3.45M	USD	Annual
Amortization of other acquired intangible assets	`IncreaseDecreaseInGoodwillAndIntangibleAssetsIncludingRestructuring`	$5.48M	USD	Annual
Depreciation, other amortization, and other impairments, net	`DepreciationAmortizationAndAccretionNet`	$73.63M	USD	Annual
Depreciation, other amortization, and other impairments, net	`DepreciationAmortizationAndAccretionNet`	$72.02M	USD	Annual
Depreciation, other amortization, and other impairments, net	`DepreciationAmortizationAndAccretionNet`	$72.27M	USD	Annual
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$161.79M	USD	Annual
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$206.93M	USD	Annual
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$165.00M	USD	Annual
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$-1.24M	USD	Annual
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$7.28M	USD	Annual
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$5.69M	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.21M	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInAccountsReceivable`	$1.62M	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInAccountsReceivable`	$2.72M	USD	Annual
Reinsurance recoverable	`IncreaseDecreaseInReinsuranceRecoverable`	$-42.26M	USD	Annual
Reinsurance recoverable	`IncreaseDecreaseInReinsuranceRecoverable`	$-5.31M	USD	Annual
Reinsurance recoverable	`IncreaseDecreaseInReinsuranceRecoverable`	$276.00K	USD	Annual
Deferred policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-1.99M	USD	Annual
Deferred policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$2.14M	USD	Annual
Deferred policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$258.00K	USD	Annual
Prepaid federal income tax	`IncreaseDecreaseInPrepaidTaxes`	$153.95M	USD	Annual
Prepaid federal income tax	`IncreaseDecreaseInPrepaidTaxes`	$143.23M	USD	Annual
Prepaid federal income tax	`IncreaseDecreaseInPrepaidTaxes`	$242.25M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-65.74M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-65.07M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-37.96M	USD	Annual
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-119.70M	USD	Annual
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-57.61M	USD	Annual
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-46.08M	USD	Annual
Reserve for losses and LAE	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$-56.70M	USD	Annual
Reserve for losses and LAE	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$-401.80M	USD	Annual
Reserve for losses and LAE	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$-19.77M	USD	Annual
Reinsurance funds withheld	`IncreaseDecreaseInFundsHeldUnderReinsuranceAgreements`	$21.50M	USD	Annual
Reinsurance funds withheld	`IncreaseDecreaseInFundsHeldUnderReinsuranceAgreements`	$50.48M	USD	Annual
Reinsurance funds withheld	`IncreaseDecreaseInFundsHeldUnderReinsuranceAgreements`	$76.01M	USD	Annual
Other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-40.50M	USD	Annual
Other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-38.00M	USD	Annual
Other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-2.91M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$529.43M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$388.30M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$557.11M	USD	Annual
Fixed-maturities available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$399.37M	USD	Annual
Fixed-maturities available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$735.34M	USD	Annual
Fixed-maturities available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$331.88M	USD	Annual
Trading securities	`ProceedsFromSaleOfTradingSecuritiesHeldforinvestment`	$8.87M	USD	Annual
Trading securities	`ProceedsFromSaleOfTradingSecuritiesHeldforinvestment`	$9.12M	USD	Annual
Trading securities	`ProceedsFromSaleOfTradingSecuritiesHeldforinvestment`	$7.95M	USD	Annual
Equity securities	`ProceedsFromSaleOfEquitySecuritiesFvNi`	$36.75M	USD	Annual
Equity securities	`ProceedsFromSaleOfEquitySecuritiesFvNi`	$8.00M	USD	Annual
Equity securities	`ProceedsFromSaleOfEquitySecuritiesFvNi`	$67.95M	USD	Annual
Fixed-maturities available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$789.93M	USD	Annual
Fixed-maturities available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$498.08M	USD	Annual
Fixed-maturities available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.23B	USD	Annual
Trading securities	`ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment`	$102.12M	USD	Annual
Trading securities	`ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment`	$1.71M	USD	Annual
Trading securities	`ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment`	$16.67M	USD	Annual
Fixed-maturities available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$933.26M	USD	Annual
Fixed-maturities available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.41B	USD	Annual
Fixed-maturities available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.98B	USD	Annual
Equity securities	`PaymentsToAcquireEquitySecuritiesFvNi`	$24.64M	USD	Annual
Equity securities	`PaymentsToAcquireEquitySecuritiesFvNi`	$8.33M	USD	Annual
Equity securities	`PaymentsToAcquireEquitySecuritiesFvNi`	$105.65M	USD	Annual
Short-term investments, net	`PaymentsForProceedsFromShortTermInvestments`	$-150.69M	USD	Annual
Short-term investments, net	`PaymentsForProceedsFromShortTermInvestments`	$-68.08M	USD	Annual
Short-term investments, net	`PaymentsForProceedsFromShortTermInvestments`	$251.66M	USD	Annual
Other assets and other invested assets, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-6.13M	USD	Annual
Other assets and other invested assets, net	`PaymentsForProceedsFromOtherInvestingActivities`	$6.89M	USD	Annual
Other assets and other invested assets, net	`PaymentsForProceedsFromOtherInvestingActivities`	$45.00K	USD	Annual
Additions to property and equipment	`PaymentsToAcquireProductiveAssets`	$12.60M	USD	Annual
Additions to property and equipment	`PaymentsToAcquireProductiveAssets`	$16.28M	USD	Annual
Additions to property and equipment	`PaymentsToAcquireProductiveAssets`	$17.67M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.86M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-300.84M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.17M	USD	Annual
Dividends and dividend equivalents paid	`PaymentsOfDividendsCommonStock`	$103.30M	USD	Annual
Dividends and dividend equivalents paid	`PaymentsOfDividendsCommonStock`	$145.91M	USD	Annual
Dividends and dividend equivalents paid	`PaymentsOfDividendsCommonStock`	$135.44M	USD	Annual
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.38M	USD	Annual
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.34M	USD	Annual
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.75M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$400.19M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$399.10M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$133.31M	USD	Annual
Credit facility commitment fees paid	`ProceedsFromPaymentsForOtherFinancingActivities`	$-904.00K	USD	Annual
Credit facility commitment fees paid	`ProceedsFromPaymentsForOtherFinancingActivities`	$-814.00K	USD	Annual
Credit facility commitment fees paid	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.33M	USD	Annual
Change in secured borrowings, net (with terms three months or less)	`IncreaseDecreaseInSecuritiesLendingPayable`	$102.98M	USD	Annual
Change in secured borrowings, net (with terms three months or less)	`IncreaseDecreaseInSecuritiesLendingPayable`	$13.56M	USD	Annual
Change in secured borrowings, net (with terms three months or less)	`IncreaseDecreaseInSecuritiesLendingPayable`	$38.23M	USD	Annual
Proceeds from secured borrowings (with terms greater than three months)	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$207.52M	USD	Annual
Proceeds from secured borrowings (with terms greater than three months)	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$28.70M	USD	Annual
Proceeds from secured borrowings (with terms greater than three months)	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$42.00M	USD	Annual
Repayments of secured borrowings (with terms greater than three months)	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	$232.46M	USD	Annual
Repayments of secured borrowings (with terms greater than three months)	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	$75.77M	USD	Annual
Repayments of secured borrowings (with terms greater than three months)	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	$48.00M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-265.09M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-496.78M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-479.18M	USD	Annual
Increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-96.06M	USD	Annual
Increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$58.47M	USD	Annual
Increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-36.49M	USD	Annual
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$152.62M	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`	$56.56M	USD	Point-in-time
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.07M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$152.62M	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`	$56.56M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.07M	USD	Point-in-time
Income taxes paid (Note 10)	`IncomeTaxesPaidNet`	$243.50M	USD	Annual
Income taxes paid (Note 10)	`IncomeTaxesPaidNet`	$153.97M	USD	Annual
Income taxes paid (Note 10)	`IncomeTaxesPaidNet`	$143.97M	USD	Annual
Interest paid	`InterestPaidNet`	$78.70M	USD	Annual
Interest paid	`InterestPaidNet`	$79.06M	USD	Annual
Interest paid	`InterestPaidNet`	$86.53M	USD	Annual

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`	$3.92B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$4.40B	USD	Point-in-time
Net income	`NetIncomeLoss`	$742.93M	USD	Annual
Net income	`NetIncomeLoss`	$600.67M	USD	Annual
Net income	`NetIncomeLoss`	$603.12M	USD	Annual
Net unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-143.63M	USD	Annual
Net unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$125.77M	USD	Annual
Net unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-576.98M	USD	Annual
Balance, end of period	`StockholdersEquity`	$4.26B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$3.92B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$4.40B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$742.93M	USD	Annual
Net income	`NetIncomeLoss`	$600.67M	USD	Annual
Net income	`NetIncomeLoss`	$603.12M	USD	Annual
Unrealized holding gains (losses) on investments arising during the period for which an allowance for expected losses has not been recognized	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$114.92M	USD	Annual
Unrealized holding gains (losses) on investments arising during the period for which an allowance for expected losses has not been recognized	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-138.44M	USD	Annual
Unrealized holding gains (losses) on investments arising during the period for which an allowance for expected losses has not been recognized	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-584.86M	USD	Annual
Net realized gains (losses) on disposals and non-credit related impairment losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax`	$4.47M	USD	Annual
Net realized gains (losses) on disposals and non-credit related impairment losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax`	$-10.85M	USD	Annual
Net realized gains (losses) on disposals and non-credit related impairment losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax`	$-7.88M	USD	Annual
Net decrease (increase) in expected credit losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$725.00K	USD	Annual
Net decrease (increase) in expected credit losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	Annual
Net decrease (increase) in expected credit losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	Annual
Net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-143.63M	USD	Annual
Net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$125.77M	USD	Annual
Net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-576.98M	USD	Annual
Other adjustments to comprehensive income (loss), net	`OtherAdjustmentsToOtherComprehensiveIncomeNetOfTax`	-	USD	Annual
Other adjustments to comprehensive income (loss), net	`OtherAdjustmentsToOtherComprehensiveIncomeNetOfTax`	$179.00K	USD	Annual
Other adjustments to comprehensive income (loss), net	`OtherAdjustmentsToOtherComprehensiveIncomeNetOfTax`	$84.00K	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-576.89M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-143.63M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$125.95M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$166.04M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$729.07M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$457.04M	USD	Annual

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