Radian's $1.7B Bet: A Global Insurance Game Changer
Update: 2025-09-18
Description
Radian Group stock leaps nearly 7% after announcing a $1.7 billion acquisition of London-based specialty insurer Inigo Limited. This all-cash deal transforms Radian from a US-focused mortgage insurer into a global, multi-line player, funded by existing cash reserves without diluting shares. Radian will also shed its Mortgage Conduit, Title, and Real Estate Services segments to streamline operations and focus on insurance, projecting a potential doubling of annual revenue and mid-teens percentage EPS growth by early 2026. Investors are optimistic, as Radian's stock, up over 15% this year, nears its one-year high, continuing a trend of rewarding shareholders.
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