Earnings summaries and quarterly performance for RADIAN GROUP.
Executive leadership at RADIAN GROUP.
Richard Thornberry
Detailed
Chief Executive Officer
CEO
EH
Edward Hoffman
Detailed
Senior Executive Vice President, General Counsel
ER
Eric Ray
Detailed
Senior Executive Vice President, Chief Digital Officer
MD
Mary Dickerson
Detailed
Senior Executive Vice President, Chief People and Operating Officer
RQ
Robert Quigley
Detailed
Executive Vice President, Controller and Chief Accounting Officer
SP
Sumita Pandit
Detailed
President and Chief Financial Officer
Board of directors at RADIAN GROUP.
AL
Anne Leyden
Detailed
Director
BC
Brad Conner
Detailed
Director
BM
Brian Montgomery
Detailed
Director
DH
Debra Hess
Detailed
Director
FA
Fawad Ahmad
Detailed
Director
GS
Gregory Serio
Detailed
Director
HC
Howard Culang
Detailed
Non-executive Chairman of the Board
JR
Jed Rhoads
Detailed
Director
LM
Lisa Mumford
Detailed
Director
NS
Noel Spiegel
Detailed
Director
Research analysts who have asked questions during RADIAN GROUP earnings calls.
Bose George
Keefe, Bruyette & Woods
9 questions for RDN
Also covers: ACT, AGM, AGNC +25 more
DH
Douglas Harter
UBS
8 questions for RDN
Also covers: ACRE, ACT, AGNC +42 more
MB
Mihir Bhatia
Bank of America
4 questions for RDN
Also covers: ACT, AFRM, AXP +12 more
SH
Scott Heleniak
RBC Capital Markets
2 questions for RDN
Also covers: BOW, BRO, FRFHF +8 more
TM
Terry Ma
Barclays
2 questions for RDN
Also covers: AER, AL, AXP +16 more
Alexander Bond
Keefe, Bruyette & Woods, Inc.
1 question for RDN
Also covers: BETR, MC
DH
Doug Harter
UBS Group AG
1 question for RDN
Also covers: ARCC, ARR, BETR +15 more
Recent press releases and 8-K filings for RDN.
Radian Group Inc. Completes Acquisition of Inigo
RDN
M&A
New Projects/Investments
Guidance Update
- Radian Group Inc. completed the acquisition of Inigo Limited on February 2, 2026, for a purchase price of $1.67 billion, net of certain adjustments.
- This acquisition expands Radian from a U.S. private mortgage insurer into a global, diversified multi-line specialty insurer, and is expected to double its total annual revenue.
- The transaction is projected to deliver mid-teens percentage accretion to Radian's earnings per share and approximately 200 basis points accretion to return on equity in 2026.
3 days ago
Radian Group Completes Inigo Acquisition
RDN
M&A
New Projects/Investments
- Radian Group has completed the $1.67 billion acquisition of London-based Lloyd’s specialty insurer Inigo Limited.
- The acquisition was funded primarily by approximately $1.1 billion from Radian’s available liquidity and excess capital, with roughly $600 million via a Radian guaranty intercompany note.
- This strategic move transforms Radian from a U.S.-focused private mortgage insurer into a global multi-line specialty insurer, with Inigo operating as a standalone London business.
- Radian projects mid-teens percentage accretion to EPS and about 200 basis points improvement in return on equity in the first full year post-close, with an ambition to roughly double its annual gross written premium.
5 days ago
Radian Completes Acquisition of Inigo
RDN
M&A
New Projects/Investments
Revenue Acceleration/Inflection
- Radian Group Inc. has completed the acquisition of Inigo Limited, a specialty insurance group, on February 2, 2026, expanding Radian into a global multi-line specialty insurer.
- The purchase price paid at closing was $1.67 billion, net of certain adjustments, representing approximately 1.4 times Inigo's estimated tangible equity of $1.16 billion at year-end 2025.
- The acquisition is expected to deliver mid-teens percentage accretion to Radian’s earnings per share and approximately 200 basis points accretion to return on equity in 2026.
- Radian anticipates the transaction will double its total annual revenue and provide flexibility to deploy capital across multiple insurance lines.
5 days ago
Radian Group Inc. Secures $600 Million Intercompany Note for Inigo Acquisition
RDN
Debt Issuance
M&A
New Projects/Investments
- Radian Group Inc. (RDN) has entered into a $600 million intercompany note with its wholly-owned subsidiary, Radian Guaranty Inc. (RGI).
- The proceeds from this note will partially fund the acquisition of Inigo Limited, with the closing expected in February 2026.
- The intercompany note has a ten-year term and bears interest at a rate of 6.50% per annum.
- As a condition of approval from the Pennsylvania Insurance Department, RGI must obtain prior approval for all dividends paid for three years and maintain a minimum policyholders' surplus of $500 million.
Dec 29, 2025, 9:45 PM
Radian Group Receives Regulatory Approvals for Inigo Acquisition
RDN
M&A
New Projects/Investments
- Radian Group Inc. (RDN) has received all necessary regulatory approvals for its pending acquisition of Inigo Limited, a specialty insurance group underwriting through Lloyd’s of London.
- Radian anticipates closing the transaction in February 2026, subject to the satisfaction of customary closing conditions.
- This acquisition is a strategic step in Radian's transformation from a U.S. mortgage insurer to a global, diversified multi-line specialty insurer.
- Following closing, Inigo will operate as a Radian business unit while maintaining its underwriting presence in London.
Dec 10, 2025, 9:30 PM
Radian Group Inc. enters into new Credit Agreement
RDN
Debt Issuance
New Projects/Investments
- Radian Group Inc. entered into a Credit Agreement on November 4, 2025.
- The agreement designates Royal Bank of Canada as the Administrative Agent, with RBC Capital Markets and Citizens Bank, N.A. serving as Joint Lead Arrangers and Joint Book Runners.
- The total commitment under this Credit Agreement is $500,000,000.00.
- The proceeds from the credit extensions are intended for working capital, general liquidity, general corporate purposes, and growth initiatives.
Nov 7, 2025, 9:16 PM
Radian Group Reports Q3 2025 Results and Provides Update on Strategic Transformation
RDN
Earnings
M&A
Guidance Update
- Radian Group reported net income from continuing operations of $153 million, or $1.11 per diluted share, and total revenues of $303 million for the third quarter of 2025.
- The company is strategically transforming into a global multi-line specialty insurer through the $1.7 billion acquisition of Inigo, expected to close in Q1 2026, and the planned divestiture of its mortgage conduit, title, and real estate services businesses by Q3 2026.
- The Inigo acquisition is projected to deliver mid-teen operating earnings per share accretion and approximately 200 basis points of ROE accretion starting in year one.
- Holding company liquidity reached $995 million by the end of Q3 2025, with projections to be approximately $1.8 billion by early 2026, while share repurchases are currently paused to fund the Inigo acquisition.
Nov 5, 2025, 4:00 PM
Radian Announces Inigo Acquisition and Divestiture of Non-Mortgage Businesses
RDN
M&A
New Projects/Investments
Guidance Update
- Radian (RDN) announced the proposed acquisition of Inigo for $1.7 billion cash in September 2025, expected to close in Q1 2026, which is projected to be mid-teens GAAP EPS accretive and ~200 bps GAAP ROE accretive in FY 2026E. This acquisition is expected to double Radian's revenue and expand it into the Lloyd's market.
- Concurrently, Radian plans to divest its Mortgage Conduit, Title, and Real Estate Services businesses within one year, anticipating a 36% reduction in expenses and a 120 bps improvement in standalone ROE. This transformation aims for mid-to-high teens ROE and 20-30% EPS accretion compared to 2024 results.
- For Q3 2025, Radian reported Net Income from Continuing Operations of $153 million and Diluted Net Income from Continuing Operations Per Share of $1.11.
- Total Revenues for Q3 2025 were $303 million, with Net Premiums Earned at $237 million.
Nov 5, 2025, 4:00 PM
Radian Reports Strong Q3 2025 Results, Announces Strategic Transformation with Indigo Acquisition and Business Divestitures
RDN
Earnings
M&A
Guidance Update
- Radian Group reported net income from continuing operations of $153 million or $1.11 per diluted share for Q3 2025, with total revenues of $303 million and net premiums earned of $237 million. The return on equity for continuing operations was 13.4%, and book value per share grew 9% year-over-year to $34.34.
- The company is undergoing a strategic transformation, planning to divest its mortgage conduit, title, and real estate services businesses, which are now classified as held for sale with a carrying value of approximately $170 million. This divestiture process is expected to be completed by Q3 2026.
- Radian announced the acquisition of Indigo, a specialty insurer, for $1.7 billion in cash, expected to close in Q1 2026. This acquisition is projected to deliver mid-teen operating earnings per share accretion and approximately 200 basis points of ROE accretion starting in year one.
- Holding company liquidity grew to $995 million as of Q3 2025, with an expected $1.8 billion at the beginning of 2026, supported by dividends and an intercompany note from Radian Guaranty. Share repurchases have been paused to fund the Indigo acquisition. Operating expenses for continuing operations are anticipated to be approximately $250 million for the full year 2025 and the annual run rate for 2026.
Nov 5, 2025, 4:00 PM
Radian Group Inc. Announces Q3 2025 Results and Strategic Transformation
RDN
Earnings
M&A
- Radian Group Inc. reported diluted net income from continuing operations of $1.11 per share for the third quarter of 2025, compared to $1.09 per share for the third quarter of 2024. The company's book value per share grew 9% year-over-year to $34.34 as of September 30, 2025.
- The company is on track to acquire Inigo, a highly profitable Lloyd's specialty insurer, for $1.7 billion, a strategic move expected to transform Radian into a global multi-line specialty insurer and double its total annual revenue. The transaction is expected to close in the first quarter of 2026.
- Following a comprehensive strategic review, Radian announced a divestiture plan for its Mortgage Conduit, Title, and Real Estate Services businesses, with their results reclassified to discontinued operations.
- Available holding company liquidity increased to $995 million as of September 30, 2025, and Radian entered into a new $500 million unsecured revolving credit facility.
Nov 5, 2025, 1:00 PM
Quarterly earnings call transcripts for RADIAN GROUP.
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