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Facts at a Glance
- Global credit risk management company, offering mortgage insurance, financial
guaranty insurance for public finance, asset-backed and structured finance transactions; reinsurance
and other financial services
- Listed on the New York Stock Exchange under the symbol RDN
- Chief executive officer: S.A. Ibrahim
- Nearly 830 employees
- Corporate headquarters in Philadelphia, with significant operations in New York
City and London
Financial Strength Ratings
- Radian Asset Assurance Inc. – financial strength rating of A3 (Moody’s Investors Service) and BBB+ (Standard & Poor’s Rating)
- Radian Asset Assurance Limited – financial strength rating of A3 (Moody’s Investors Service) and BBB+ (Standard & Poor’s Rating)
- Radian Guaranty Inc. – financial strength rating of A2 (Moody’s Investors Service) and BBB+ (Standard & Poor’s Rating)
- Radian Insurance Inc. – financial strength rating of Baa1 (Moody’s Investors Service) and BB+ (Standard & Poor’s Rating)
Financial Highlights
- Net income of $36.7 million for the quarter ended September 30, 2008
- Revenues of $418.7 million for the quarter ended September 30, 2008
- Net premiums written of $202.5 million for the quarter ended September 30, 2008
- $249.7 million in premiums earned for the quarter ended September 30, 2008
- Direct primary mortgage insurance in force of $154.3 billion as of September 30, 2008
- Net debt service outstanding of $156.9 billion as of September 30, 2008
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