Radian Group Receives Regulatory Approvals for Inigo Limited Acquisition
Radian Group announced that it has received all regulatory approvals required for Radian's pending acquisition of Inigo Limited, a specialty insurance group underwriting through Lloyd's of London. Radian currently anticipates closing the transaction in February 2026, subject to the satisfaction of customary closing conditions. This strategic acquisition will mark an important step in Radian's transformation from a leading U.S. mortgage insurer to a global, diversified multi-line specialty insurer, significantly expanding the company's product expertise and capabilities and optimizing the deployment of its excess capital. Following closing, Inigo will operate as a Radian business unit while maintaining its underwriting presence in London. The combined organization will bring together Radian's financial strength, risk-management innovation, and operational scale with Inigo's specialty market insights and performance track record.
Trade with 70% Backtested Accuracy
Analyst Views on RDN
About RDN
About the author
Radian Secures Regulatory Approval for Inigo Acquisition, Closing Expected in February 2026
- Acquisition Progress: Radian Group Inc. has received all necessary regulatory approvals and anticipates closing its acquisition of Inigo Limited in February 2026, which will significantly enhance Radian's product expertise and capabilities, facilitating its transformation from a U.S. mortgage insurer to a global diversified specialty insurer.
- Strategic Shift: This acquisition will enable Radian to optimize the deployment of its excess capital while leveraging Inigo's underwriting presence in London, thereby enhancing the company's risk management innovation and overall market competitiveness.
- Business Integration: Following the closing, Inigo will operate as a business unit of Radian, combining Radian's financial strength with Inigo's market insights, which is expected to improve operational scale and market performance.
- Future Outlook: Radian's strategic transformation is poised to not only strengthen its position in the global insurance market but also provide long-term growth potential, particularly in the development of diversified insurance products and market expansion.
Top Income Stocks to Consider Purchasing on December 5
Top Stock Picks: Radian Group Inc., American Eagle Outfitters, and Expeditors International of Washington are highlighted as strong buy candidates with increasing earnings estimates and favorable dividend yields compared to their industry averages.
Radian Group Inc.: This real estate company has a Zacks Rank #1, with a 6.9% increase in earnings estimates and a dividend yield of 2.9%.
American Eagle Outfitters, Inc.: This specialty retailer also holds a Zacks Rank #1, with a 9% increase in earnings estimates and a dividend yield of 2.1%.
Expeditors International of Washington, Inc.: Another Zacks Rank #1 company, it has seen a 7.6% increase in earnings estimates and offers a dividend yield of 1.0%.
