Radian completes $1.67bn Inigo deal

Radian Group has finalised its purchase of Inigo, moving the US-listed insurer into international specialty markets with a presence at Lloyd’s of London. The deal, unveiled in September 2025, was largely cash-funded and closed at $1.67bn after adjustments. Inigo’s tangible equity at the end of 2025 was estimated at $1.16bn, indicating a valuation of around 1.4-times that figure. Radian said the acquisition was financed through existing liquidity and surplus capital at its mortgage unit, Radian Guaranty ...