|
|
 |
|
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 Ba1 (Moody’s Investors Service) and BBB- (Standard & Poor’s Rating)
- Radian Asset Assurance Limited – financial strength rating of Ba1 (Moody’s Investors Service) and BBB- (Standard & Poor’s Rating)
- Radian Guaranty Inc. – financial strength rating of Ba3 (Moody’s Investors Service) and BB- (Standard & Poor’s Rating)
- Radian Insurance Inc. – financial strength rating of B1 (Moody’s Investors Service) and BB- (Standard & Poor’s Rating)
Financial Highlights
- Net loss of $250.4 million for the quarter ended December 31, 2008
- Revenues of $59.4 million for the quarter ended December 31, 2008
- Net premiums written of $147.5 million for the quarter ended December 31, 2008
- $231.0 million in premiums earned for the quarter ended December 31, 2008
- Direct primary mortgage insurance in force of $155.2 billion as of December 31, 2008
- Net debt service outstanding of $138.4 billion as of December 31, 2008
|
|
|
