Radian completes $1.67 billion Inigo acquisition, expanding into multi-line specialty insurance
Radian Group completed its acquisition of Inigo Limited, a Lloyd's of London specialty insurer, on February 2, 2026, for a net purchase price of $1.67 billion, subject to post-closing adjustments. The company said the deal is expected to add mid-teens percentage accretion to earnings per share and about 200 basis points to return on equity in 2026, and to roughly double its total annual revenue.
Key points
- Net purchase price paid at closing was $1.67 billion, funded from available liquidity and excess capital from Radian Guaranty
- Company expects mid-teens percentage accretion to 2026 earnings per share and about 200 basis points of accretion to return on equity
- Company expects the transaction to double its total annual revenue
- $25 million in one-time cash retention awards granted to Inigo management sellers, vesting on the second anniversary of the grant date
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.