Radian Group Inc., a US-based company primarily known for mortgage insurance, has received all regulatory approvals required for its pending acquisition of Inigo Limited, a specialty insurance group underwriting through Lloyd’s of London.
The transaction is expected to close in February 2026, subject to the satisfaction of customary closing conditions.
This deal will mark an important step for Radiant as it expands beyond mortgage insurance into a broader, multi-line specialty insurance business.
The acquisition is expected to roughly double Radian’s yearly revenue and offer increased flexibility in allocating capital among its different insurance lines.
In its initial announcement, back in February 2025, Radian stated it had signed a definitive agreement to acquire Inigo for approximately $1.7 billion, mostly in cash.
Following closing, Inigo will operate as a Radian business unit while maintaining its underwriting presence in London.
The combined organisation will bring together Radian’s financial strength, risk-management innovation, and operational scale with Inigo’s specialty market insights and performance track record.
This deal presents significant growth opportunities for Inigo, CEO Richard Watson previously highlighted, noting that this growth will be measured and focused as the company continues to strengthen customer relationships, expand its use of data and analytics, and maintain its strong company culture.
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