10-Q Filing

ESSENT GROUP LTD. CIK: 1448893 Q1 2025

Filing Information

Form Type	10-Q
Accession Number	`0001448893-25-000053`
Period End Date	20250331
Filing Date	20250509
Fiscal Year	2025
Fiscal Period	Q1
XBRL Instance	esnt-20250331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 130 Income Statement 92 Cash Flow Statement 144 Stockholders Equity 16

Balance Sheet 130 line items

Line Item	Tag	Value	Unit	Period
Amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$6.23B	USD	Point-in-time
Amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$6.23B	USD	Point-in-time
Amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$6.15B	USD	Point-in-time
Amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$6.15B	USD	Point-in-time
Total investments available for sale	`AvailableForSaleSecuritiesDebtSecurities`	$5.88B	USD	Point-in-time
Total investments available for sale	`AvailableForSaleSecuritiesDebtSecurities`	$5.88B	USD	Point-in-time
Total investments available for sale	`AvailableForSaleSecuritiesDebtSecurities`	$5.88B	USD	Point-in-time
Total investments available for sale	`AvailableForSaleSecuritiesDebtSecurities`	$5.88B	USD	Point-in-time
Other invested assets	`EquityMethodInvestments`	$321.86M	USD	Point-in-time
Other invested assets	`EquityMethodInvestments`	$321.86M	USD	Point-in-time
Credit facility borrowings	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$73.29M	USD	Point-in-time
Credit facility borrowings	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$73.29M	USD	Point-in-time
Other invested assets	`EquityMethodInvestments`	$303.90M	USD	Point-in-time
Other invested assets	`EquityMethodInvestments`	$303.90M	USD	Point-in-time
Credit facility borrowings	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$72.27M	USD	Point-in-time
Credit facility borrowings	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$72.27M	USD	Point-in-time
Total investments	`Investments`	$6.20B	USD	Point-in-time
Total investments	`Investments`	$6.20B	USD	Point-in-time
Total investments	`Investments`	$6.18B	USD	Point-in-time
Total investments	`Investments`	$6.18B	USD	Point-in-time
Cash	`Cash`	$208.07M	USD	Point-in-time
Cash	`Cash`	$208.07M	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash	`Cash`	$131.48M	USD	Point-in-time
Cash	`Cash`	$131.48M	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	233.33M	shares	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	233.33M	shares	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	233.33M	shares	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	233.33M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$43.73M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$43.73M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$42.30M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$42.30M	USD	Point-in-time
Accounts receivable	`NotesReceivableNet`	$55.56M	USD	Point-in-time
Accounts receivable	`NotesReceivableNet`	$55.56M	USD	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	105.02M	shares	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	105.02M	shares	Point-in-time
Accounts receivable	`NotesReceivableNet`	$53.13M	USD	Point-in-time
Accounts receivable	`NotesReceivableNet`	$53.13M	USD	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	102.50M	shares	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	102.50M	shares	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	105.02M	shares	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	105.02M	shares	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	102.50M	shares	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	102.50M	shares	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$9.65M	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$9.65M	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$9.66M	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$9.66M	USD	Point-in-time
Property and equipment (at cost, less accumulated depreciation of $73,293 in 2025 and $72,270 in 2024)	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$41.87M	USD	Point-in-time
Property and equipment (at cost, less accumulated depreciation of $73,293 in 2025 and $72,270 in 2024)	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$41.87M	USD	Point-in-time
Property and equipment (at cost, less accumulated depreciation of $73,293 in 2025 and $72,270 in 2024)	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$43.21M	USD	Point-in-time
Property and equipment (at cost, less accumulated depreciation of $73,293 in 2025 and $72,270 in 2024)	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$43.21M	USD	Point-in-time
Prepaid federal income tax	`MortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$489.60M	USD	Point-in-time
Prepaid federal income tax	`MortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$489.60M	USD	Point-in-time
Prepaid federal income tax	`MortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$487.36M	USD	Point-in-time
Prepaid federal income tax	`MortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$487.36M	USD	Point-in-time
Goodwill and acquired intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$79.56M	USD	Point-in-time
Goodwill and acquired intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$79.56M	USD	Point-in-time
Goodwill and acquired intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$79.21M	USD	Point-in-time
Goodwill and acquired intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$79.21M	USD	Point-in-time
Other assets	`OtherAssets`	$77.57M	USD	Point-in-time
Other assets	`OtherAssets`	$77.57M	USD	Point-in-time
Other assets	`OtherAssets`	$79.57M	USD	Point-in-time
Other assets	`OtherAssets`	$79.57M	USD	Point-in-time
Total assets	`Assets`	$7.20B	USD	Point-in-time
Total assets	`Assets`	$7.20B	USD	Point-in-time
Total assets	`Assets`	$7.11B	USD	Point-in-time
Total assets	`Assets`	$7.11B	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$260.10M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$260.10M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$356.65M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$356.65M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$267.32M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$267.32M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$328.87M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$328.87M	USD	Point-in-time
Unearned premium reserve	`UnearnedPremiums`	$108.41M	USD	Point-in-time
Unearned premium reserve	`UnearnedPremiums`	$108.41M	USD	Point-in-time
Unearned premium reserve	`UnearnedPremiums`	$115.98M	USD	Point-in-time
Unearned premium reserve	`UnearnedPremiums`	$115.98M	USD	Point-in-time
Net deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$414.77M	USD	Point-in-time
Net deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$414.77M	USD	Point-in-time
Net deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$392.43M	USD	Point-in-time
Net deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$392.43M	USD	Point-in-time
Senior Notes due 2029, net	`SeniorNotes`	$494.29M	USD	Point-in-time
Senior Notes due 2029, net	`SeniorNotes`	$494.29M	USD	Point-in-time
Senior Notes due 2029, net	`SeniorNotes`	$493.96M	USD	Point-in-time
Senior Notes due 2029, net	`SeniorNotes`	$493.96M	USD	Point-in-time
Other liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$176.75M	USD	Point-in-time
Other liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$176.75M	USD	Point-in-time
Other liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$171.28M	USD	Point-in-time
Other liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$171.28M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.55B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.55B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.51B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.51B	USD	Point-in-time
Commitments and contingencies (see Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common shares, $0.015 par value: Authorized - 233,333; issued and outstanding - 106,742 shares in 2024 and 106,597 shares in 2023	`CommonStockValue`	$1.57M	USD	Point-in-time
Common shares, $0.015 par value: Authorized - 233,333; issued and outstanding - 106,742 shares in 2024 and 106,597 shares in 2023	`CommonStockValue`	$1.57M	USD	Point-in-time
Common shares, $0.015 par value: Authorized - 233,333; issued and outstanding - 106,742 shares in 2024 and 106,597 shares in 2023	`CommonStockValue`	$1.54M	USD	Point-in-time
Common shares, $0.015 par value: Authorized - 233,333; issued and outstanding - 106,742 shares in 2024 and 106,597 shares in 2023	`CommonStockValue`	$1.54M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.21B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.21B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.06B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.06B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-232.25M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-232.25M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-303.98M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-303.98M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.83B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.83B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.69B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.69B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.60B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.60B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.66B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.66B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.23B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.23B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.11B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.11B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.20B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.20B	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$-3.12M	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$-3.12M	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$11.29M	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$11.29M	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$238.54M	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$238.54M	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$238.27M	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$238.27M	USD	1 Quarter
Decrease in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$7.05M	USD	1 Quarter
Decrease in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$7.05M	USD	1 Quarter
Decrease in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$7.58M	USD	1 Quarter
Decrease in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$7.58M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$245.59M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$245.59M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$245.85M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$245.85M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$58.21M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$58.21M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$52.09M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$52.09M	USD	1 Quarter
Realized investment losses, net	`RealizedInvestmentGainsLosses`	$-181.00K	USD	1 Quarter
Realized investment losses, net	`RealizedInvestmentGainsLosses`	$-181.00K	USD	1 Quarter
Realized investment losses, net	`RealizedInvestmentGainsLosses`	$-1.14M	USD	1 Quarter
Realized investment losses, net	`RealizedInvestmentGainsLosses`	$-1.14M	USD	1 Quarter
Income (loss) from other invested assets	`IncomeLossFromEquityMethodInvestments`	$-1.92M	USD	1 Quarter
Income (loss) from other invested assets	`IncomeLossFromEquityMethodInvestments`	$-1.92M	USD	1 Quarter
Income (loss) from other invested assets	`IncomeLossFromEquityMethodInvestments`	$7.41M	USD	1 Quarter
Income (loss) from other invested assets	`IncomeLossFromEquityMethodInvestments`	$7.41M	USD	1 Quarter
Other income	`OtherIncome`	$6.27M	USD	1 Quarter
Other income	`OtherIncome`	$6.27M	USD	1 Quarter
Other income	`OtherIncome`	$3.74M	USD	1 Quarter
Other income	`OtherIncome`	$3.74M	USD	1 Quarter
Total revenues	`Revenues`	$317.56M	USD	1 Quarter
Total revenues	`Revenues`	$317.56M	USD	1 Quarter
Total revenues	`Revenues`	$298.36M	USD	1 Quarter
Total revenues	`Revenues`	$298.36M	USD	1 Quarter
Provision for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$9.91M	USD	1 Quarter
Provision for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$9.91M	USD	1 Quarter
Provision for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$31.29M	USD	1 Quarter
Provision for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$31.29M	USD	1 Quarter
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$66.84M	USD	1 Quarter
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$66.84M	USD	1 Quarter
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$71.12M	USD	1 Quarter
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$71.12M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.86M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.86M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.15M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.15M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$110.56M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$110.56M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$84.61M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$84.61M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$213.74M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$213.74M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$207.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$207.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$32.02M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$32.02M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$31.57M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$31.57M	USD	1 Quarter
Net income	`NetIncomeLoss`	$175.43M	USD	1 Quarter
Net income	`NetIncomeLoss`	$175.43M	USD	1 Quarter
Net income	`NetIncomeLoss`	$181.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$181.72M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.72	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.72	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.71	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.71	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.70	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.70	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.69	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.69	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	102.88M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	102.88M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	105.70M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	105.70M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	106.77M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	106.77M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	103.95M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	103.95M	shares	1 Quarter
Change in unrealized appreciation (depreciation) of investments, net of tax expense (benefit) of $11,295 and ($3,122) in the three months ended March 31, 2025 and 2024, respectively.	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-21.77M	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, net of tax expense (benefit) of $11,295 and ($3,122) in the three months ended March 31, 2025 and 2024, respectively.	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-21.77M	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, net of tax expense (benefit) of $11,295 and ($3,122) in the three months ended March 31, 2025 and 2024, respectively.	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$71.74M	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, net of tax expense (benefit) of $11,295 and ($3,122) in the three months ended March 31, 2025 and 2024, respectively.	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$71.74M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$71.74M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$71.74M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-21.77M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-21.77M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$159.95M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$159.95M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$247.17M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$247.17M	USD	1 Quarter

Cash Flow Statement 144 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$175.43M	USD	1 Quarter
Net income	`NetIncomeLoss`	$175.43M	USD	1 Quarter
Net income	`NetIncomeLoss`	$181.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$181.72M	USD	1 Quarter
Realized investment losses, net	`RealizedInvestmentGainsLosses`	$-181.00K	USD	1 Quarter
Realized investment losses, net	`RealizedInvestmentGainsLosses`	$-181.00K	USD	1 Quarter
Realized investment losses, net	`RealizedInvestmentGainsLosses`	$-1.14M	USD	1 Quarter
Realized investment losses, net	`RealizedInvestmentGainsLosses`	$-1.14M	USD	1 Quarter
(Income) loss from other invested assets	`IncomeLossFromEquityMethodInvestments`	$-1.92M	USD	1 Quarter
(Income) loss from other invested assets	`IncomeLossFromEquityMethodInvestments`	$-1.92M	USD	1 Quarter
(Income) loss from other invested assets	`IncomeLossFromEquityMethodInvestments`	$7.41M	USD	1 Quarter
(Income) loss from other invested assets	`IncomeLossFromEquityMethodInvestments`	$7.41M	USD	1 Quarter
Distribution of income from other invested assets	`EquityMethodInvestmentDividendsOrDistributions`	$2.08M	USD	1 Quarter
Distribution of income from other invested assets	`EquityMethodInvestmentDividendsOrDistributions`	$2.08M	USD	1 Quarter
Distribution of income from other invested assets	`EquityMethodInvestmentDividendsOrDistributions`	$1.81M	USD	1 Quarter
Distribution of income from other invested assets	`EquityMethodInvestmentDividendsOrDistributions`	$1.81M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.37M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.37M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.39M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.39M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$8.99M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$8.99M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$6.82M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$6.82M	USD	1 Quarter
Amortization of premium on investment securities	`InvestmentIncomeAmortizationOfPremium`	$4.00M	USD	1 Quarter
Amortization of premium on investment securities	`InvestmentIncomeAmortizationOfPremium`	$4.00M	USD	1 Quarter
Amortization of premium on investment securities	`InvestmentIncomeAmortizationOfPremium`	$4.54M	USD	1 Quarter
Amortization of premium on investment securities	`InvestmentIncomeAmortizationOfPremium`	$4.54M	USD	1 Quarter
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$9.32M	USD	1 Quarter
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$9.32M	USD	1 Quarter
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$11.05M	USD	1 Quarter
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$11.05M	USD	1 Quarter
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$-1.44M	USD	1 Quarter
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$-1.44M	USD	1 Quarter
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$128.00K	USD	1 Quarter
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$128.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$695.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$695.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.44M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.44M	USD	1 Quarter
Deferred policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$10.00K	USD	1 Quarter
Deferred policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$10.00K	USD	1 Quarter
Deferred policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-159.00K	USD	1 Quarter
Deferred policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-159.00K	USD	1 Quarter
Prepaid federal income tax	`IncreaseDecreaseInMortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$-2.24M	USD	1 Quarter
Prepaid federal income tax	`IncreaseDecreaseInMortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$-2.24M	USD	1 Quarter
Prepaid federal income tax	`IncreaseDecreaseInMortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$-3.46M	USD	1 Quarter
Prepaid federal income tax	`IncreaseDecreaseInMortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$-3.46M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.70M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.70M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.88M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.88M	USD	1 Quarter
Reserve for losses and LAE	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$7.23M	USD	1 Quarter
Reserve for losses and LAE	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$7.23M	USD	1 Quarter
Reserve for losses and LAE	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$27.79M	USD	1 Quarter
Reserve for losses and LAE	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$27.79M	USD	1 Quarter
Unearned premium reserve	`IncreaseDecreaseInUnearnedPremiums`	$-7.05M	USD	1 Quarter
Unearned premium reserve	`IncreaseDecreaseInUnearnedPremiums`	$-7.05M	USD	1 Quarter
Unearned premium reserve	`IncreaseDecreaseInUnearnedPremiums`	$-7.58M	USD	1 Quarter
Unearned premium reserve	`IncreaseDecreaseInUnearnedPremiums`	$-7.58M	USD	1 Quarter
Other accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$3.25M	USD	1 Quarter
Other accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$3.25M	USD	1 Quarter
Other accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$9.18M	USD	1 Quarter
Other accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$9.18M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$216.94M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$216.94M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$221.57M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$221.57M	USD	1 Quarter
Net change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$-227.07M	USD	1 Quarter
Net change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$-227.07M	USD	1 Quarter
Net change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$268.11M	USD	1 Quarter
Net change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$268.11M	USD	1 Quarter
Purchase of investments available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$349.69M	USD	1 Quarter
Purchase of investments available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$349.69M	USD	1 Quarter
Purchase of investments available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$63.09M	USD	1 Quarter
Purchase of investments available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$63.09M	USD	1 Quarter
Proceeds from maturity and paydowns of investments available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$113.32M	USD	1 Quarter
Proceeds from maturity and paydowns of investments available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$113.32M	USD	1 Quarter
Proceeds from maturity and paydowns of investments available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$188.75M	USD	1 Quarter
Proceeds from maturity and paydowns of investments available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$188.75M	USD	1 Quarter
Proceeds from sales of investments available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$2.25M	USD	1 Quarter
Proceeds from sales of investments available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$2.25M	USD	1 Quarter
Proceeds from sales of investments available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$77.18M	USD	1 Quarter
Proceeds from sales of investments available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$77.18M	USD	1 Quarter
Purchase of other invested assets	`PaymentsToAcquireEquityMethodInvestments`	$12.70M	USD	1 Quarter
Purchase of other invested assets	`PaymentsToAcquireEquityMethodInvestments`	$12.70M	USD	1 Quarter
Purchase of other invested assets	`PaymentsToAcquireEquityMethodInvestments`	$6.35M	USD	1 Quarter
Purchase of other invested assets	`PaymentsToAcquireEquityMethodInvestments`	$6.35M	USD	1 Quarter
Return of investment from other invested assets	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$227.00K	USD	1 Quarter
Return of investment from other invested assets	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$227.00K	USD	1 Quarter
Return of investment from other invested assets	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$70.00K	USD	1 Quarter
Return of investment from other invested assets	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$70.00K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$221.00K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$221.00K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.48M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.48M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-151.30M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-151.30M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$55.53M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$55.53M	USD	1 Quarter
Treasury stock acquired	`PaymentsForRepurchaseOfCommonStock`	$13.55M	USD	1 Quarter
Treasury stock acquired	`PaymentsForRepurchaseOfCommonStock`	$13.55M	USD	1 Quarter
Treasury stock acquired	`PaymentsForRepurchaseOfCommonStock`	$168.85M	USD	1 Quarter
Treasury stock acquired	`PaymentsForRepurchaseOfCommonStock`	$168.85M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$31.66M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$31.66M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$29.62M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$29.62M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-43.17M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-43.17M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-200.51M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-200.51M	USD	1 Quarter
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$22.47M	USD	1 Quarter
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$22.47M	USD	1 Quarter
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$76.59M	USD	1 Quarter
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$76.59M	USD	1 Quarter
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.79M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.79M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$208.07M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$208.07M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$131.48M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$131.48M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$164.25M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$164.25M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.79M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.79M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$208.07M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$208.07M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$131.48M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$131.48M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$164.25M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$164.25M	USD	Point-in-time
Income tax payments	`IncomeTaxesPaidNet`	$-621.00K	USD	1 Quarter
Income tax payments	`IncomeTaxesPaidNet`	$-621.00K	USD	1 Quarter
Income tax payments	`IncomeTaxesPaidNet`	$4.59M	USD	1 Quarter
Income tax payments	`IncomeTaxesPaidNet`	$4.59M	USD	1 Quarter
Interest payments	`InterestPaidNet`	$7.61M	USD	1 Quarter
Interest payments	`InterestPaidNet`	$7.61M	USD	1 Quarter
Interest payments	`InterestPaidNet`	$15.62M	USD	1 Quarter
Interest payments	`InterestPaidNet`	$15.62M	USD	1 Quarter
Lease liabilities arising from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$3.50M	USD	1 Quarter
Lease liabilities arising from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$3.50M	USD	1 Quarter
Lease liabilities arising from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	1 Quarter
Lease liabilities arising from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	1 Quarter

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquity`	$5.60B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$5.60B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$5.66B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$5.66B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$5.23B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$5.23B	USD	Point-in-time
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$71.74M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$71.74M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-21.77M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-21.77M	USD	1 Quarter
Balance, end of period	`StockholdersEquity`	$5.60B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$5.60B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$5.66B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$5.66B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$5.23B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$5.23B	USD	Point-in-time

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