v3.26.1
Discontinued Operations - Schedule of Assets and Liabilities Held for Sale (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Investments    
Total assets held for sale $ 280,060 $ 474,268
Liabilities held for sale    
Total liabilities held for sale 219,233 363,818
Discontinued Operations, Held-for-Sale    
Investments    
Fixed maturities available for sale - at fair value 6,514 6,489
Residential mortgage loans held for sale - at fair value [1] 193,887 340,734
Short-term investments-at fair value 28,538 57,791
Total investments 228,939 405,014
Cash 7,364 20,597
Restricted cash 0 86
Accrued investment income 1,870 3,068
Premiums and other receivables 2,245 5,412
Reinsurance recoverables 1,253 2,743
Other assets 38,389 37,348
Total assets held for sale 280,060 474,268
Liabilities held for sale    
Reserve for losses and LAE 4,816 6,874
Short-term borrowings [1] 183,858 324,226
Other liabilities 30,559 32,718
Total liabilities held for sale $ 219,233 $ 363,818
[1] Radian Mortgage Capital has entered into the Master Repurchase Agreements, which are collateralized borrowing facilities used to finance the acquisition of residential mortgage loans and related mortgage loan assets. As of March 31, 2026, Radian Group had separate Parent Guarantees outstanding to guaranty the obligations under each of Radian Mortgage Capital’s two remaining Master Repurchase Agreements. The combined maximum borrowing amount under the remaining Master Repurchase Agreements is $900 million, of which $184 million was outstanding as of March 31, 2026.