Reinsurance News
Radian Group
Radian completes $1.67bn acquisition of Lloyd’s syndicate Inigo
2nd February 2026
Radian Group Inc. has completed its previously announced acquisition of Inigo Limited, a specialty insurance group underwriting through Lloyd’s of London, for $1.67 billion. The acquisition, which received all required regulatory approvals at the end of last year, will reportedly transform Radian from a leading U.S. private mortgage insurer ... Read the full article
Radian receives all regulatory approvals required for Inigo acquisition
11th December 2025
Radian Group Inc., a US-based company primarily known for mortgage insurance, has received all regulatory approvals required for its pending acquisition of Inigo Limited, a specialty insurance group underwriting through Lloyd’s of London. The transaction is expected to close in February 2026, subject to the satisfaction of customary closing conditions. This deal ... Read the full article
Radian Guaranty secures $373m of XoL reinsurance coverage
26th November 2025
US-based company primarily known for mortgage insurance, Radian Group Inc.’s wholly owned subsidiary, Radian Guaranty, has agreed to the principal terms of an approximately $373 million excess of loss (XoL) reinsurance arrangement with a panel of highly rated third-party reinsurance providers. This move aligns with the company's broader risk distribution strategy ... Read the full article
Radian’s acquisition of Inigo to increase diversification & growth opportunities: S&P
23rd September 2025
S&P Global Ratings has indicated that Radian’s recent $1.7 billion acquisition of Lloyd’s specialty insurer Inigo could enhance the diversification of its business and create growth opportunities that are currently constrained within its U.S. mortgage insurance operations. Following the announcement, S&P has placed its 'BBB-' rating on Radian and its ... Read the full article
Inigo CEO highlights measured growth plans following Radian acquisition
18th September 2025
Richard Watson, CEO of Lloyd’s specialty insurer Inigo Limited, has highlighted the significant growth opportunities following his firm’s acquisition by US-based Radian Group, noting that this growth will be measured and focused as Inigo continues to strengthen customer relationships, expand its use of data and analytics, and maintain its strong ... Read the full article
Jed Rhoads joins Radian’s Board of Directors
13th February 2025
Radian Group Inc. has announced the appointment of seasoned reinsurance executive Jed Rhoads to its Board of Directors. Rhoads brings over 40 years of industry experience, including a decade in senior executive roles at Markel Group. Most recently, he served as President and Chief Underwriting Officer for Markel’s Global Reinsurance Division, overseeing ... Read the full article
Radian completes capital actions to enhance financial flexibility
24th January 2023
Radian Group Inc. has announced a series of capital actions that were completed as of year-end 2022, which it says will enhance its financial flexibility. Firstly, in December 2022, Radian Reinsurance Inc., a wholly owned insurance subsidiary of Radian Group, completed the novation to an unrelated third-party reinsurer of its entire ... Read the full article
Radian secures additional $484mn of mortgage reinsurance
11th November 2021
Radian Guaranty, a subsidiary of US mortgage insurer Radian Group, has secured an additional $484 million of fully collateralised excess of loss reinsurance protection from Eagle Re 2021-2 Ltd. This is the second time this year that Radian has looked to the capital markets for a source of mortgage reinsurance ... Read the full article
Radian appoints Derek Brummer as President of Mortgage
24th February 2020
Radian Group has announced the appointment of Derek Brummer as President of its Mortgage business. Upon taking up the role, he will also continue to oversee Radian’s Mortgage Insurance and Mortgage Risk Services businesses. Brummer joined Radian in 2002, serving as Chief Risk Officer since 2013 and as head of Mortgage Insurance ... Read the full article
Radian secures $562m of reinsurance from capital markets
12th April 2019
Radian Guaranty, a subsidiary of Radian Group, has secured $562 million of credit risk protection from Bermudian special purpose insurer Eagle Re 2018-1 Ltd. through the issuance of mortgage insurance-linked notes (ILNs) to eligible third-party capital markets investors in an unregistered private offering. The four classes of ILNs issued by Eagle ... Read the full article
Radian enhances reinsurance at renewal after proposed changes to PMIERs
18th January 2018
Radian Group subsidiary, Radian Guaranty, has announced enhancements to its Single-Premium Mortgage Insurance (MI) Reinsurance Program, in response to proposed changes to Private Mortgage Insurer Eligibility Requirements (PMIERs). The enhancements include an increased cession of business for its single-premium MI quota share reinsurance arrangement, which it entered into in 2016, from 35% to ... Read the full article
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