v3.26.1
Loss reserves (Tables)
6 Months Ended
Jun. 30, 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)June 30, 2026December 31, 2025
Domestic mortgage insurance$591,760 $566,809 
Other reserves6,926 5,661 
Total loss reserves$598,686 $572,470 
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)
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 year145,837 144,624 
Losses and LAE incurred related to prior accident years(84,180)(98,142)
Total incurred
61,657 46,482 
Losses and LAE paid related to current accident year2,538 142 
Losses and LAE paid related to prior accident years(38,957)(20,083)
Total paid
(36,419)(19,941)
Net loss reserves, ending balance588,721 543,664 
Reinsurance recoverable, ending balance3,039 2,646 
Gross loss reserves, ending balance$591,760 $546,310