Radian receives all regulatory approvals required for Inigo acquisition
RadianRadian(US:RDN) ReinsuranceNe.ws·2025-12-11 10:00

Core Viewpoint - Radian Group Inc. has received all necessary regulatory approvals for its acquisition of Inigo Limited, marking a strategic expansion into multi-line specialty insurance [1][3]. Group 1: Acquisition Details - The acquisition is valued at approximately $1.7 billion, primarily in cash, and is expected to close in February 2026, pending customary closing conditions [4]. - Following the acquisition, Inigo will operate as a business unit under Radian while retaining its underwriting presence in London [4]. Group 2: Financial Impact - The deal is anticipated to roughly double Radian's annual revenue, providing increased flexibility in capital allocation across its various insurance lines [3]. Group 3: Growth Opportunities - Inigo's CEO Richard Watson emphasized that the acquisition presents significant growth opportunities, focusing on strengthening customer relationships and enhancing the use of data and analytics [5].

Radian receives all regulatory approvals required for Inigo acquisition - Reportify