10-Q Filing

MGIC INVESTMENT CORP CIK: 876437 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0000876437-22-000035`
Period End Date	20220630
Filing Date	20220803
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	mtg-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 92 Cash Flow Statement 74 Stockholders Equity 15 Comprehensive Income 20

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Fixed maturities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$6.09B	USD	Point-in-time
Fixed maturities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$6.40B	USD	Point-in-time
Cost	`EquitySecuritiesFvNiCost`	$15.84M	USD	Point-in-time
Cost	`EquitySecuritiesFvNiCost`	$15.99M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Fixed income, available-for-sale, at fair value (amortized cost 2022 - $6,087,857; 2021 - $6,397,658)	`AvailableForSaleSecuritiesDebtSecurities`	$6.59B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Fixed income, available-for-sale, at fair value (amortized cost 2022 - $6,087,857; 2021 - $6,397,658)	`AvailableForSaleSecuritiesDebtSecurities`	$5.71B	USD	Point-in-time
Equity securities, at fair value (cost 2022 - $15,986; 2021 - $15,838)	`EquitySecuritiesFvNi`	$14.48M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Equity securities, at fair value (cost 2022 - $15,986; 2021 - $15,838)	`EquitySecuritiesFvNi`	$16.07M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	371.35M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	371.35M	shares	Point-in-time
Other invested assets, at cost	`OtherInvestments`	$850.00K	USD	Point-in-time
Other invested assets, at cost	`OtherInvestments`	$3.10M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	305.44M	shares	Point-in-time
Total investment portfolio	`Investments`	$5.73B	USD	Point-in-time
Total investment portfolio	`Investments`	$6.61B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	320.34M	shares	Point-in-time
Treasury stock, shares at cost (in shares)	`TreasuryStockShares`	51.02M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$410.19M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$284.69M	USD	Point-in-time
Treasury stock, shares at cost (in shares)	`TreasuryStockShares`	65.92M	shares	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$20.27M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$9.07M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$51.63M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$51.90M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$66.91M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$53.96M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$95.04M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$111.15M	USD	Point-in-time
Reinsurance recoverable on paid losses	`ReinsuranceRecoverablesOnPaidLosses`	$36.27M	USD	Point-in-time
Reinsurance recoverable on paid losses	`ReinsuranceRecoverablesOnPaidLosses`	$310.00K	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$56.54M	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$57.55M	USD	Point-in-time
Home office and equipment, net	`PropertyPlantAndEquipmentNet`	$45.07M	USD	Point-in-time
Home office and equipment, net	`PropertyPlantAndEquipmentNet`	$45.61M	USD	Point-in-time
Deferred insurance policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$21.67M	USD	Point-in-time
Deferred insurance policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$21.00M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNet`	-	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNet`	$75.62M	USD	Point-in-time
Other assets	`OtherAssets`	$134.39M	USD	Point-in-time
Other assets	`OtherAssets`	$147.05M	USD	Point-in-time
Total assets	`Assets`	$6.60B	USD	Point-in-time
Total assets	`Assets`	$7.33B	USD	Point-in-time
Loss reserves	`LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability`	$727.18M	USD	Point-in-time
Loss reserves	`LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability`	$883.52M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$241.69M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$217.74M	USD	Point-in-time
Federal Home Loan Bank advance	`FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfAdvancesByBranch`	-	USD	Point-in-time
Federal Home Loan Bank advance	`FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfAdvancesByBranch`	$155.00M	USD	Point-in-time
Senior notes	`SeniorNotes`	$881.51M	USD	Point-in-time
Senior notes	`SeniorNotes`	$882.57M	USD	Point-in-time
Convertible junior subordinated debentures	`ConvertibleSubordinatedDebt`	$35.34M	USD	Point-in-time
Convertible junior subordinated debentures	`ConvertibleSubordinatedDebt`	$110.20M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$191.70M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$163.76M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.03B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.46B	USD	Point-in-time
Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock (one dollar par value, shares authorized 1,000,000; shares issued 2022 - 371,353; 2021 - 371,353; shares outstanding 2022 - 305,436; 2021 - 320,336)	`CommonStockValue`	$371.35M	USD	Point-in-time
Common stock (one dollar par value, shares authorized 1,000,000; shares issued 2022 - 371,353; 2021 - 371,353; shares outstanding 2022 - 305,436; 2021 - 320,336)	`CommonStockValue`	$371.35M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.79B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.79B	USD	Point-in-time
Treasury stock at cost (shares 2022 - 65,917; 2021 - 51,017)	`TreasuryStockValue`	$887.96M	USD	Point-in-time
Treasury stock at cost (shares 2022 - 65,917; 2021 - 51,017)	`TreasuryStockValue`	$675.26M	USD	Point-in-time
Accumulated other comprehensive income (loss), net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-325.74M	USD	Point-in-time
Accumulated other comprehensive income (loss), net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$119.70M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.62B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.25B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$4.86B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$4.91B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$4.57B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$7.33B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$6.60B	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Direct	`DirectPremiumsWritten`	$551.33M	USD	2 Qtrs
Direct	`DirectPremiumsWritten`	$276.54M	USD	1 Quarter
Direct	`DirectPremiumsWritten`	$283.52M	USD	1 Quarter
Direct	`DirectPremiumsWritten`	$566.53M	USD	2 Qtrs
Assumed	`AssumedPremiumsWritten`	$4.33M	USD	2 Qtrs
Assumed	`AssumedPremiumsWritten`	$2.20M	USD	1 Quarter
Assumed	`AssumedPremiumsWritten`	$2.06M	USD	1 Quarter
Assumed	`AssumedPremiumsWritten`	$4.09M	USD	2 Qtrs
Ceded	`CededPremiumsWritten`	$87.62M	USD	2 Qtrs
Ceded	`CededPremiumsWritten`	$34.27M	USD	1 Quarter
Ceded	`CededPremiumsWritten`	$68.43M	USD	2 Qtrs
Ceded	`CededPremiumsWritten`	$43.99M	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$483.24M	USD	2 Qtrs
Net premiums written	`PremiumsWrittenNet`	$241.74M	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$486.99M	USD	2 Qtrs
Net premiums written	`PremiumsWrittenNet`	$244.32M	USD	1 Quarter
Decrease in unearned premiums, net	`IncreaseDecreaseInUnearnedPremiumsNet`	$11.38M	USD	1 Quarter
Decrease in unearned premiums, net	`IncreaseDecreaseInUnearnedPremiumsNet`	$23.35M	USD	2 Qtrs
Decrease in unearned premiums, net	`IncreaseDecreaseInUnearnedPremiumsNet`	$9.80M	USD	1 Quarter
Decrease in unearned premiums, net	`IncreaseDecreaseInUnearnedPremiumsNet`	$23.95M	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$255.70M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$251.54M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$510.94M	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$506.58M	USD	2 Qtrs
Investment income, net of expenses	`NetInvestmentIncome`	$79.02M	USD	2 Qtrs
Investment income, net of expenses	`NetInvestmentIncome`	$78.57M	USD	2 Qtrs
Investment income, net of expenses	`NetInvestmentIncome`	$41.13M	USD	1 Quarter
Investment income, net of expenses	`NetInvestmentIncome`	$40.30M	USD	1 Quarter
Net gains (losses) on investments and other financial instruments	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$2.91M	USD	1 Quarter
Net gains (losses) on investments and other financial instruments	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$-4.75M	USD	1 Quarter
Net gains (losses) on investments and other financial instruments	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$5.16M	USD	2 Qtrs
Net gains (losses) on investments and other financial instruments	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$-5.52M	USD	2 Qtrs
Other revenue	`OtherIncome`	$1.86M	USD	1 Quarter
Other revenue	`OtherIncome`	$3.75M	USD	2 Qtrs
Other revenue	`OtherIncome`	$5.04M	USD	2 Qtrs
Other revenue	`OtherIncome`	$2.27M	USD	1 Quarter
Total revenues	`Revenues`	$293.12M	USD	1 Quarter
Total revenues	`Revenues`	$587.73M	USD	2 Qtrs
Total revenues	`Revenues`	$297.85M	USD	1 Quarter
Total revenues	`Revenues`	$595.81M	USD	2 Qtrs
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$-118.37M	USD	2 Qtrs
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$29.16M	USD	1 Quarter
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$-99.06M	USD	1 Quarter
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$68.80M	USD	2 Qtrs
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$5.72M	USD	2 Qtrs
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$3.02M	USD	1 Quarter
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$2.98M	USD	1 Quarter
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$5.72M	USD	2 Qtrs
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$101.82M	USD	2 Qtrs
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$53.45M	USD	1 Quarter
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$53.80M	USD	1 Quarter
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$108.18M	USD	2 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-6.39M	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-28.50M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$28.37M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$35.98M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$18.00M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$13.46M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$52.40M	USD	2 Qtrs
Total losses and expenses	`BenefitsLossesAndExpenses`	$103.98M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$212.32M	USD	2 Qtrs
Total losses and expenses	`BenefitsLossesAndExpenses`	$-22.77M	USD	1 Quarter
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$535.33M	USD	2 Qtrs
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$193.87M	USD	1 Quarter
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$383.49M	USD	2 Qtrs
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$315.89M	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	$66.62M	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	$40.82M	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	$111.05M	USD	2 Qtrs
Provision for income tax	`IncomeTaxExpenseBenefit`	$80.41M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$303.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$249.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$424.28M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$153.05M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.89	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.36	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.81	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.34	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.80	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.44	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.87	USD	2 Qtrs
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	308.84M	shares	1 Quarter
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	339.12M	shares	2 Qtrs
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	339.33M	shares	1 Quarter
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	312.39M	shares	2 Qtrs
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	313.55M	shares	1 Quarter
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	356.46M	shares	2 Qtrs
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	319.01M	shares	2 Qtrs
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	356.54M	shares	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$303.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$249.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$424.28M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$153.05M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$32.47M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$29.52M	USD	2 Qtrs
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$3.38M	USD	2 Qtrs
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$6.86M	USD	2 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-6.39M	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-28.50M	USD	2 Qtrs
Net (gains) losses on investments and other financial instruments	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$2.91M	USD	1 Quarter
Net (gains) losses on investments and other financial instruments	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$-4.75M	USD	1 Quarter
Net (gains) losses on investments and other financial instruments	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$5.16M	USD	2 Qtrs
Net (gains) losses on investments and other financial instruments	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$-5.52M	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$2.22M	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$-267.00K	USD	2 Qtrs
Reinsurance recoverable on loss reserves	`IncreaseDecreaseInReinsuranceRecoverable`	$16.11M	USD	2 Qtrs
Reinsurance recoverable on loss reserves	`IncreaseDecreaseInReinsuranceRecoverable`	$-12.95M	USD	2 Qtrs
Reinsurance recoverable on paid losses	`IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses`	$35.97M	USD	2 Qtrs
Reinsurance recoverable on paid losses	`IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses`	$-37.00K	USD	2 Qtrs
Premium receivable	`IncreaseDecreaseInPremiumsReceivable`	$1.01M	USD	2 Qtrs
Premium receivable	`IncreaseDecreaseInPremiumsReceivable`	$593.00K	USD	2 Qtrs
Deferred insurance policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-668.00K	USD	2 Qtrs
Deferred insurance policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$1.07M	USD	2 Qtrs
Profit commission receivable	`IncreaseDecreaseInProfitCommissionReceivable`	$4.46M	USD	2 Qtrs
Profit commission receivable	`IncreaseDecreaseInProfitCommissionReceivable`	$3.05M	USD	2 Qtrs
Loss reserves	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$-156.34M	USD	2 Qtrs
Loss reserves	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$55.70M	USD	2 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-23.95M	USD	2 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-23.35M	USD	2 Qtrs
Return premium accrual	`IncreaseDecreaseInOtherInsuranceLiabilities`	$-4.50M	USD	2 Qtrs
Return premium accrual	`IncreaseDecreaseInOtherInsuranceLiabilities`	$2.50M	USD	2 Qtrs
Current income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$22.83M	USD	2 Qtrs
Current income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-1.36M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-3.17M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$13.34M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$349.42M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$361.68M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$375.75M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$1.10B	USD	2 Qtrs
Proceeds from sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$142.75M	USD	2 Qtrs
Proceeds from sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$266.37M	USD	2 Qtrs
Proceeds from maturity of fixed income securities	`ProceedsFromMaturityOfFixedIncomeSecurities`	$548.73M	USD	2 Qtrs
Proceeds from maturity of fixed income securities	`ProceedsFromMaturityOfFixedIncomeSecurities`	$401.11M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.15M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.41M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$289.59M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-407.34M	USD	2 Qtrs
Purchase of convertible junior subordinated debentures	`EarlyRepaymentOfSubordinatedDebt`	-	USD	2 Qtrs
Purchase of convertible junior subordinated debentures	`EarlyRepaymentOfSubordinatedDebt`	$74.86M	USD	2 Qtrs
Repayment of FHLB Advance	`RepaymentsOfFederalHomeLoanBankBorrowings`	-	USD	2 Qtrs
Repayment of FHLB Advance	`RepaymentsOfFederalHomeLoanBankBorrowings`	$155.00M	USD	2 Qtrs
Cash portion of loss on debt extinguishment	`GainLossOnDebtExtinghuishmentCashPortion`	$28.50M	USD	2 Qtrs
Cash portion of loss on debt extinguishment	`GainLossOnDebtExtinghuishmentCashPortion`	-	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$219.07M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$50.84M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$41.19M	USD	2 Qtrs
Payment of withholding taxes related to share-based compensation net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.62M	USD	2 Qtrs
Payment of withholding taxes related to share-based compensation net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.69M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-536.96M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-47.81M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$114.30M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-105.73M	USD	2 Qtrs
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$296.68M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$419.26M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$190.95M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$304.96M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$296.68M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$419.26M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$190.95M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$304.96M	USD	Point-in-time

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquity`	$4.86B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$4.91B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$4.57B	USD	Point-in-time
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$45.72M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-47.54M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-445.44M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-174.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$303.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$249.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$424.28M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$153.05M	USD	1 Quarter
Cash dividends	`DividendsCash`	$51.00M	USD	2 Qtrs
Balance, end of period	`StockholdersEquity`	$4.86B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$4.91B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$4.57B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$303.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$249.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$424.28M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$153.05M	USD	1 Quarter
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$45.05M	USD	1 Quarter
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-175.38M	USD	1 Quarter
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-49.08M	USD	2 Qtrs
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-446.32M	USD	2 Qtrs
Benefit plan adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-883.00K	USD	2 Qtrs
Benefit plan adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-663.00K	USD	1 Quarter
Benefit plan adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-490.00K	USD	1 Quarter
Benefit plan adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-1.54M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$45.72M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-47.54M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-445.44M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-174.89M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-21.15M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$198.77M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$74.38M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$255.53M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.