Radian Group Reports Q3 2026 Revenue Surge Driven by Inigo Acquisition
Radian Group (RDN) reported significant third-quarter 2026 growth, with total revenue reaching $624 million—a 106% year-over-year increase primarily driven by the integration of Inigo. Adjusted diluted net operating EPS rose 25% to $1.44. The company is successfully transitioning into a multiline insurer, with its Specialty segment now contributing 34% of adjusted pretax operating income. Despite top-line growth, management noted challenges including a 5% decline in new insurance written due to high interest rates and increased competition in the property reinsurance market. While mortgage default rates rose slightly to 2.68%, the company maintains a strong capital position with $376 million in available liquidity and continues its strategic pivot by divesting non-core real estate and title businesses.
Tickers: $RDN
Topics: insurance premiums net operating EPS revenue growth underwriting margins
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