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, 2025 | | December 31, 2024 | Domestic mortgage insurance | $ | 546,310 | | | $ | 520,032 | | | | | | Other reserves | 5,630 | | | 4,683 | | Total loss reserves | $ | 551,940 | | | $ | 524,715 | |
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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) | 2025 | | 2024 | Gross loss reserves, beginning balance | $ | 520,032 | | | $ | 517,515 | | Reinsurance recoverable, beginning balance | (2,909) | | | (1,294) | | Net loss reserves, beginning balance | 517,123 | | | 516,221 | | | | | | Losses and LAE incurred related to current accident year | 144,624 | | | 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 year | 142 | | | 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 balance | 543,664 | | | 505,362 | | Reinsurance recoverable, ending balance | 2,646 | | | 1,348 | | Gross loss reserves, ending balance | $ | 546,310 | | | $ | 506,710 | |
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