v3.26.1
Loss reserves (Tables)
3 Months Ended
Mar. 31, 2026
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)March 31, 2026December 31, 2025
Domestic mortgage insurance$584,406 $566,809 
Other reserves5,987 5,661 
Total loss reserves$590,393 $572,470 
Schedule of Liability for Loss Reserves
Activity for the liability for domestic mortgage insurance loss reserves for the three months ended March 31, is summarized as follows:
(Amounts in thousands)
20262025
Gross loss reserves, beginning balance$566,809 $520,032 
Reinsurance recoverable, beginning balance(3,326)(2,909)
Net loss reserves, beginning balance563,483 517,123 
Losses and LAE incurred related to current accident year79,309 77,842 
Losses and LAE incurred related to prior accident years(46,214)(51,789)
Total incurred
33,095 26,053 
Losses and LAE paid related to current accident year(105)(99)
Losses and LAE paid related to prior accident years(16,915)(8,395)
Total paid
(17,020)(8,494)
Net loss reserves, ending balance579,558 534,682 
Reinsurance recoverable, ending balance4,848 2,798 
Gross loss reserves, ending balance$584,406 $537,480