Radian Group: The Rare Time Diversification Does Not Pay Off (Rating Downgrade)

Impact · against what's priced in

Radian Group faces immediate downward pressure following an earnings miss driven by significant loss provisions from its new Inigo acquisition. The core mortgage insurance business is also deteriorating, evidenced by falling persistency rates and rising combined ratios.

RDN−0.60

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In context

The company suffered a Q2 2026 earnings miss due to $169.2 million in loss provisions from Inigo and a decline in mortgage insurance persistency to its lowest level since Q3 2022.

Read from the article alone

• m and a▲13%
• geopolitics▲6%
• earnings▲2%
• RDN
• acquisition
• earnings miss
• loss provisions