The American mortgage insurer Radian has invested massively to stake a claim in the global specialty market, agreeing to acquire Lloyd’s syndicate Inigo in a $1.7 billion transaction. The deal marks a ...
Radian Group Inc. announced it is buying Inigo Limited, a Lloyd’s specialty insurer, for $1.7 billion, and that it also plans to sell its title operation by the end of the third quarter of next year.
Radian Group is diversifying its operations away from real estate finance, exiting its businesses outside of mortgage insurance and purchasing a specialty underwriter. In related moves, Radian will be ...
Sept 18 (Reuters) - Radian Group (RDN.N), opens new tab said on Thursday it would buy UK-based Inigo for $1.7 billion as the U.S. mortgage insurer seeks to transform into a global multi-line specialty ...
Good day, and thank you for standing by. Welcome to Radian's conference call to discuss the acquisition of Inigo. [Operator Instructions] Please be advised that today's conference is being recorded. I ...
Radian has agreed to pay $1.7 billion for Inigo. The transaction will primarily be all-cash, which Radian said will be funded from its available liquidity sources and excess capital from its ...
Radian Group (NYSE:RDN) on Thursday announced that it has entered into a definitive agreement to acquire Inigo for $1.7 billion in a primarily all-cash transaction. The acquisition values Inigo at 1.5 ...
(RTTNews) - Radian Group Inc. (RDN), a mortgage insurer, said on Thursday that it has inked a deal to acquire Inigo Limited, a Lloyd's specialty insurer, for $1.7 billion. The acquisition is expected ...
Radian Group Inc. (NYSE:RDN) said Thursday it will buy Inigo Limited, a Lloyds Banking Group (NYSE:LYG) specialty insurer, in a $1.7 billion transaction that will transform the Pennsylvania-based ...
Inigo CEO Richard Watson has said his company’s acquisition by Radian provides the Lloyd’s carrier with a deal that keeps its brand identity and secures long-term capital for growth. Earlier today, ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The $1.7 billion deal is not ...
US mortgage insurer Radian plans to divest its mortgage conduit, title and real estate services businesses within one year to focus solely on its mortgage business and Inigo. The mortgage insurer ...