fromwww.housingwire.com
1 week agoRadian acquires specialty insurer Inigo for $1.7 billion
This is a financially compelling transaction, funded entirely from our excess capital and available liquidity sources without issuing new equity. By bringing together Inigo's strong performance with our capital strength, we are diversifying beyond our traditional mortgage insurance market and expanding into the large and attractive Lloyd's global specialty market, Rick Thornberry, CEO of Radian, said in a statement.
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