Radian(RDN) - 2024 Q4 - Earnings Call Presentation

Financial Performance - Radian Group's net income for the full year 2024 was $604 million, compared to $603 million in 2023[8] - The adjusted diluted net operating income per share for the full year 2024 was $411, compared to $388 in 2023[8] - The book value per share grew by 9% year-over-year, reaching $3133[8] - For Q4 2024, the net income was $148 million, compared to $143 million in Q4 2023[11] - The adjusted diluted net operating income per share for Q4 2024 was $109, compared to $096 in Q4 2023[11] Insurance Operations - New Insurance Written (NIW) for the full year 2024 was $520 billion, slightly lower than $527 billion in 2023[9] - Primary Insurance In Force (IIF) reached $2751 billion as of December 31, 2024, compared to $2700 billion as of December 31, 2023[14] - Net mortgage insurance premiums earned in Q4 2024 were $235 million, consistent with Q3 2024 and up from $230 million in Q4 2023[14] Capital Management - The company repurchased $224 million of its common stock and paid $152 million in dividends in 2024[9] - Available holding company liquidity was $885 million as of December 31, 2024, compared to $992 million as of December 31, 2023[11] - Radian Guaranty's PMIERs excess available assets were $22 billion as of December 31, 2024, compared to $23 billion as of December 31, 2023[12]