Radian completes $1.67bn Inigo deal

Radian Group has finalised its acquisition of Inigo, moving the US-listed insurer into planetary specialty markets with a beingness astatine Lloyd’s of London.

The deal, unveiled successful September 2025, was mostly cash-funded and closed astatine $1.67bn aft adjustments.

Inigo’s tangible equity astatine the extremity of 2025 was estimated astatine $1.16bn, indicating a valuation of astir 1.4-times that figure.

Radian said the acquisition was financed done existing liquidity and surplus superior astatine its owe unit, Radian Guaranty.

Radian CEO Rick Thornberry said: “This acquisition advances our strategical absorption to turn and diversify our business, portion staying existent to our halfway strengths successful underwriting, hazard absorption and superior allocation. I americium excited to invited Inigo to Radian and look guardant to collaborating with the squad to leverage our combined expertise and make semipermanent worth for our customers, partners and stockholders.”

Following completion, Inigo volition proceed operating independently from London, keeping its management, marque and underwriting approach.

CEO Richard Watson, main underwriting serviceman Russell Merrett and concern main Stuart Bridges stay successful charge.

Radian said the transaction should assistance net per stock by 13–17% successful 2026 and adhd astir 200 ground points to instrumentality connected equity.

The institution besides expects the woody to treble yearly gross and widen its options for allocating superior crossed security classes done varying marketplace conditions.

The insurer added that the operation links its equilibrium expanse spot and hazard controls to Inigo’s underwriting operations astatine Lloyd’s, marking its displacement from being a predominantly US owe insurer to a broader planetary specialty group.

Inigo CEO Richard Watson added: “This is an important portion of our travel to go a world-class specialty security and reinsurance company, valued by its customers, its investors and its staff. Radian shares our obsession with customers and our emotion of data.”

"Radian completes $1.67bn Inigo deal" was primitively created and published by Life Insurance International, a GlobalData owned brand.

The accusation connected this tract has been included successful bully religion for wide informational purposes only. It is not intended to magnitude to proposal connected which you should rely, and we springiness nary representation, warranty oregon guarantee, whether explicit oregon implied arsenic to its accuracy oregon completeness. You indispensable get nonrecreational oregon specializer proposal earlier taking, oregon refraining from, immoderate enactment connected the ground of the contented connected our site.