Radian expands into specialty insurance
Radian Group Inc. has completed the acquisition of Inigo Limited, a Lloyd’s of London specialty insurance group, in a transaction first announced in September 2025. The primarily all-cash deal closed at a purchase price of $1.67 billion, net of adjustments, implying a multiple of about 1.4 times Inigo’s estimated tangible equity of $1.16 billion at year-end 2025.