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Stock impact report

Radian Enters Into $373 Million Excess of Loss (XOL) Reinsurance Transaction

Radian Group Inc. (RDN) 
Last radian group inc. earnings: 2/5 06:27 pm Check Earnings Report
US:NYSE Investor Relations: radian.biz/page?name=investors
Company Research Source: Business Wire
Agreement with highly rated third-party reinsurers enhances risk distribution and enables efficient capital deployment WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) announced today that its wholly owned subsidiary, Radian Guaranty Inc., has agreed to principal terms on an excess of loss (XOL) reinsurance arrangement with a panel of highly rated third-party reinsurance providers. This arrangement is consistent with the company’s use of risk distribution strategies to effectively manage capital and proactively mitigate risk.The agreement, which remains subject to final documentation, secures approximately $373 million of XOL reinsurance coverage on certain policies written from 2016 through 2021. The agreement is expected to close in December with an effective date of December 1, 2025.About RadianAs a leading U.S. private mortgage insurer, Radian Group Inc. (NYSE: RDN) provides solutions that expand access to affordable, responsible and sustainable homeownership and help Show less Read more
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