Radian Group said its subsidiary Radian Guaranty reached principal terms on an excess of loss reinsurance deal with a group of highly rated third-party reinsurers.
The move fits the company’s pattern of spreading risk and tightening capital management, a habit that’s kept it steady through some wild mortgage cycles.
The arrangement still needs final paperwork, but it locks in roughly $373 mn of XOL reinsurance tied to policies written between 2016 and 2021. Closing is slated for December, and the cover kicks in on December 1, 2025.
Radian remains one of the major private mortgage insurers in the US. The group pitches itself as a player that tries to widen access to affordable and sustainable homeownership, a message that plays well with policymakers and lenders.
According to Beinsure analysts, the timing lines up with a broader push among US mortgage insurers to shed exposure sitting in older books.
Since 1977, the Radian family of companies has been creating possibilities for a place to call home as one of the nation’s oldest and largest mortgage insurers.
Driven by our deep sense of purpose – to make homeownership more accessible, responsible and sustainable by helping mortgage-ready borrowers, including historically underserved households, obtain access to affordable mortgage credit.
The company keeps leaning on reinsurance tools to manage volatility, and this deal simply continues that playbook without much noise.
Today, Radian is a catalyst for homeownership that helps transform risk into opportunity through services and technologies that empower housing and capital market participants to act with confidence.
We have strategically evolved our business to support today’s complex housing and capital markets with our array of risk management and distribution services and technologies, including industry-leading mortgage insurance and a comprehensive suite of mortgage, risk, real estate, and title services.
Radian has built trust over decades through performance, stability, and relationships. “Our aptitude for helping customers seek opportunities by managing and distributing risk has been demonstrated and refined over nearly 50 years”.
