Radian Group raised its expected 2026 dividends from Radian Guaranty to at least $650 million, up from a prior forecast of at least $600 million, and said it anticipates second-half earned premiums in its specialty segment to be approximately 20% higher than in the first half of the year. The second quarter marked the first full quarter with Inigo, driving total revenues up 93% year-over-year to $575 million and net earned premiums up 116% to $504 million. Management noted that specialty market conditions have become more competitive with rates continuing to soften, and that a combined ratio in the low 90s is more reflective of the current operating environment. The company also reported a $30 million reserve in the specialty segment related to ongoing developments in the Middle East, which it described as fully loaded for expected and potential claims. Radian repurchased $76 million of stock in the second quarter and an additional $50 million in the third quarter to date, and expects full-year buybacks toward the upper end of a $200 million to $250 million range.
Radian Group IncRadian raised its 2026 dividend forecast from Radian Guaranty to at least $650M and expects higher specialty earned premiums, with strong Q2 results and ongoing buybacks.
