no worries rick, investors will look past that. that's old news. investors will look at profitability of new business and how old book continues to run off. we're all going to try to figure out a run-rate of profitability for 2014, in essence what normalized earnings will be next year and into 2015.
As per company expectations, the total loss to be incurred by Radian Group in the third quarter of 2013 is around $20 million. Going forward, this is expected to be offset by the reduction of insured losses that will result from the reduction of claims exposure through the deal