v3.25.2
Loss reserves (Tables)
6 Months Ended
Jun. 30, 2025
Insurance [Abstract]  
Schedule Of Liability For Unpaid Claims And Claim Adjustment Expenses, By Segment
Our reserve for losses and loss adjustment expenses (“LAE”) consisted of the following as of the dates indicated:
(Amounts in thousands)June 30, 2025December 31, 2024
Domestic mortgage insurance$546,310 $520,032 
Other reserves5,630 4,683 
Total loss reserves$551,940 $524,715 
Schedule of Liability for Loss Reserves
Activity for the liability for domestic mortgage insurance loss reserves for the six months ended June 30, is summarized as follows:
(Amounts in thousands)
20252024
Gross loss reserves, beginning balance$520,032 $517,515 
Reinsurance recoverable, beginning balance(2,909)(1,294)
Net loss reserves, beginning balance517,123 516,221 
Losses and LAE incurred related to current accident year144,624 135,053 
Losses and LAE incurred related to prior accident years(98,142)(133,232)
Total incurred
46,482 1,821 
Losses and LAE paid related to current accident year142 1,263 
Losses and LAE paid related to prior accident years(20,083)(13,943)
Total paid
(19,941)(12,680)
Net loss reserves, ending balance543,664 505,362 
Reinsurance recoverable, ending balance2,646 1,348 
Gross loss reserves, ending balance$546,310 $506,710