Radian

What Radian does

Radian Group Inc. (NYSE: RDN), founded in 1977 and headquartered in Wayne, Pennsylvania, is a global multi-line specialty insurer providing private mortgage insurance, title insurance, and specialty/reinsurance underwriting to lenders, servicers, real estate professionals, and large commercial and industrial enterprises. Through its Radian Guaranty subsidiary, the company has provided private mortgage insurance for nearly 50 years, enabling mortgage-ready borrowers to access affordable mortgage credit and helping lenders transfer risk on high-loan-to-value portfolios; Radian reports helping 8.5 million+ families achieve homeownership since inception. Through the February 2026 acquisition of Inigo Limited, Radian now underwrites global specialty insurance and reinsurance through Lloyd's of London Syndicate 1301, serving the world's largest commercial and industrial enterprises with data-driven underwriting. The Mortgage segment also includes title insurance (Radian Title Insurance Inc., titlegenius), settlement services (Radian Settlement Services Inc.), and real estate brokerage and property management (homegenius Real Estate LLC); the title and real estate services businesses are now under strategic review, while the mortgage conduit operation is being wound down.

Radian's revenue model combines recurring insurance premium streams (mortgage insurance through Radian Guaranty and specialty insurance through Inigo, both subscription-style recurring) with transaction-fee revenue from title insurance and real estate services. The go-to-market is enterprise B2B field sales: direct relationships with mortgage lenders and servicers nationwide for PMI, distribution through the Lloyd's of London broker network for specialty insurance, and direct-to-professional channels for title and real estate services. Underwriting is supported by a proprietary risk analytics platform ("Proprietary View of Risk") that the company describes as combining systematic data capture, advanced analytics, and long-term perspective to enable granular exposure pricing. Following the Inigo acquisition, the company projects mid-teens EPS accretion, approximately 200 basis points of ROE accretion in 2026, and roughly doubled annual revenue.

Radian is publicly traded on the NYSE under ticker RDN, is regulated as a monoline mortgage guaranty insurer licensed across all 50 U.S. states, the District of Columbia, and Guam, and is subject to U.S. PMIERs capital standards. Inigo Managing Agent Limited is authorized by the U.K. Prudential Regulation Authority and regulated by the Financial Conduct Authority and the PRA. The company employs approximately 900 staff, with roughly 300 in title and real estate services. As of Q1 2026, book value per share stood at $35.67 (up 10% year-over-year) and adjusted diluted EPS reached $1.27 (up 22% year-over-year); $85 million was returned to stockholders in Q1 2026 via $50 million in share repurchases and $35 million in dividends. CEO Rick Thornberry is retiring December 31, 2026, with Mike Weinbach succeeding as CEO effective August 13, 2026.

Name

Radian

Legal name

Radian Group Inc.

Website

https://radian.com

Company type

Public

Founded year

1977

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Radian Group Inc. (NYSE: RDN) is a global multi-line specialty insurer providing private mortgage insurance, title insurance, and Lloyd's of London specialty/reinsurance underwriting to mortgage lenders, servicers, real estate professionals, and large commercial enterprises worldwide.

Ownership category

akta.pro rank

Product category

Mortgage Insurance

NAICS

Insurance Carriers and Related Activities (524), Title Abstract and Settlement Offices (541191), Insurance Agencies and Brokerages (524210), Offices of Real Estate Agents and Brokers (53121)

SIC

Insurance Carriers, Nec (6399), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Energy / Power / Renewables Reinsurance (FSAOADAF)

akta.pro secondary industry

Residential Investment Property Brokerage (SFR/Small Multifamily) (BPAJAAAE)

Keywords

• Private mortgage insurance
• Specialty insurance underwriting
• Title insurance services
• Real estate services
• Reinsurance solutions

Headquarters

HQ city

Wayne

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Mortgage Insurance: Private mortgage insurance provided through Radian Guaranty, helping mortgage-ready borrowers access affordable mortgage credit. Core business for nearly 50 years.
2. Global Specialty Insurance: Specialty and reinsurance underwriting through Inigo Limited at Lloyd's of London Syndicate 1301, serving large commercial and industrial enterprises globally
3. Title Insurance and Services: Title insurance and settlement services through Radian Title Insurance Inc. and Radian Settlement Services Inc. for real estate transactions
4. Real Estate Services: Real estate services provided through homegenius Real Estate LLC, including brokerage and property management

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Radian Group Inc. is a global multi-line specialty insurer that, through its subsidiaries, provides private mortgage insurance (via Radian Guaranty) to help mortgage-ready borrowers access affordable mortgage credit, title insurance and settlement services (via Radian Title Insurance and Radian Settlement Services), real estate services (via homegenius Real Estate), and — following the February 2026 acquisition of Inigo Limited — high-capacity specialty insurance and reinsurance to the world's largest commercial and industrial enterprises through Lloyd's of London Syndicate 1301.

Product overview

Radian Group is a global multi-line specialty insurer offering a comprehensive suite of risk and real estate solutions through two primary segments: Mortgage and Specialty Insurance. The Mortgage segment includes private mortgage insurance through Radian Guaranty, title insurance and settlement services through Radian Title Insurance and homegenius platforms. The Specialty segment encompasses global insurance and reinsurance products through Inigo, acquired in February 2026, which operates through Lloyd's of London Syndicate 1301. Together, these products enable confident business decisions for lenders, servicers, and commercial enterprises worldwide.

Differentiator

Problem solved

Functional benefit

Products and services

• Radian Guaranty (Private Mortgage Insurance) Comprehensive private mortgage insurance provided by Radian Guaranty Inc., helping mortgage-ready borrowers access affordable mortgage credit by enabling lenders to originate low-down-payment loans. Licensed as a monoline mortgage guaranty insurer in 50 U.S. states plus D.C. and Guam.
• Inigo (Global Specialty Insurance) Global specialty insurance and reinsurance delivered through Inigo Managing Agent Limited at Lloyd's of London Syndicate 1301, providing data-driven, high-capacity underwriting for the world's largest commercial and industrial enterprises. Acquired by Radian in February 2026.
• homegenius (Real Estate Services) Comprehensive real estate services provided through homegenius Real Estate LLC, including real estate brokerage, property management, real estate data, and analytics solutions for residential property transactions.
• Radian Title Insurance and Settlement Services Title insurance underwriting (Radian Title Insurance Inc.), title searches, and settlement/closing services (Radian Settlement Services Inc.) for residential and commercial real estate transactions across the United States, ordered through the mytitlegenius.com platform.

Quantifiable outcome

• 8.5 million+ families helped achieve homeownership since 1977
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Willis Towers Watson (Willis Re)minorOthers · 2 February 2026Willis Re, the reinsurance broking division of Willis Towers Watson, noted Radian's acquisition of Inigo as one of several significant M&A transactions in the reinsurance sector. Willis Re provides market analysis and advisory services to cedents regarding the impact of industry consolidation.

Scale indicators11 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• MGIC Investment Corporation: Direct U.S. private mortgage insurance peer. MGIC is one of the two largest monoline PMI carriers competing head-to-head with Radian Guaranty on lender relationships, master policies, and high-LTV mortgage credit risk transfer.
• Enact Mortgage Insurance (Genworth): Direct U.S. private mortgage insurance competitor, IPO'd from Genworth in 2021. Competes with Radian Guaranty on lender master policies, MI pricing, and credit risk transfer transactions in the U.S. residential mortgage market.
• Essent Group Ltd. Direct U.S. private mortgage insurance peer. Essent is a leading monoline PMI carrier with comparable customer base of mortgage lenders and similar exposure to U.S. housing credit cycles.
• NMI Holdings: Direct U.S. private mortgage insurance competitor. NMI focuses exclusively on mortgage insurance and competes with Radian Guaranty on lender relationships and master policy pricing in the U.S. residential market.
• Beazley plc: Lloyd's of London specialty insurer and the most direct comparable to Inigo's Syndicate 1301 platform. Beazley writes 25+ specialty lines for large commercial and industrial enterprises globally, mirroring Inigo's product mix and distribution model.
• Hiscox Ltd. Lloyd's of London specialty insurer. Hiscox writes specialty and reinsurance business through Lloyd's syndicates with similar product breadth to Inigo, serving large commercial and industrial clients globally.
• Lancashire Holdings Limited: Specialty insurance and reinsurance group writing through Lloyd's. Lancashire's property, energy, and specialty lines business model through Lloyd's is closely comparable to Inigo's Syndicate 1301 platform.
• AXIS Capital Holdings: Global specialty insurer and reinsurer with significant Lloyd's participation. AXIS writes specialty lines for large commercial enterprises across multiple lines, comparable to Inigo's underwriting portfolio.

Emerging players

• Aspen Insurance Holdings: Specialty insurer and reinsurer with significant Lloyd's presence. Aspen's product mix across property, casualty, and specialty lines overlaps meaningfully with Inigo's Syndicate 1301 offerings for global commercial clients.

Broad incumbents

• Fidelity National Financial: Title insurance and transaction services market leader. FNF competes directly with Radian Title Insurance and Radian Settlement Services in title underwriting and settlement services for U.S. real estate transactions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/radian_US
• Facebookfacebook.com/RadianHQ

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries6 records

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Radian