v3.26.1
Discontinued Operations - Schedule of Assets and Liabilities Held for Sale (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Investments    
Total assets held for sale $ 64,495 $ 474,268
Liabilities held for sale    
Total liabilities held for sale 29,694 363,818
Discontinued Operations, Held-for-Sale    
Investments    
Fixed maturities available for sale - at fair value 6,545 6,489
Residential mortgage loans held for sale - at fair value [1] 0 340,734
Short-term investments-at fair value 23,173 57,791
Total investments 29,718 405,014
Cash 1,552 20,597
Restricted cash 0 86
Accrued investment income 225 3,068
Premiums and other receivables 5,252 5,412
Reinsurance recoverables 529 2,743
Other assets 27,219 37,348
Total assets held for sale 64,495 474,268
Liabilities held for sale    
Reserve for losses and LAE 4,888 6,874
Short-term borrowings [1] 0 324,226
Other liabilities 24,806 32,718
Total liabilities held for sale $ 29,694 $ 363,818
[1] Radian Mortgage Capital entered into Master Repurchase Agreements that were used to finance the acquisition of residential mortgage loans and related mortgage loan assets. During the three months ended June 30, 2026, all outstanding borrowings under these agreements were repaid and the agreements were terminated as part of the wind-down of our Mortgage Conduit business.