Radian Group completes acquisition of Inigo Limited; Inigo reports $215M net profit for 2025

RADIAN GROUP INC

Acquisition of Inigo closed Feb 2, 2026; this amendment furnishes Inigo's audited 2025 financials and pro forma combined info.
Inigo 2025: gross premiums written $1.52B, net earned premiums $1.11B, net profit $215M, total equity $1.17B.
Inigo's net claims incurred were $552M; net operating expenses $368M; technical account balance $192M.
Inigo's total assets $3.43B; investments $2.32B; cash & equivalents $109M (group), $81M (company).
Pro forma unaudited combined balance sheet and income statement as of Dec 31, 2025 filed as Exhibit 99.2.

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