Major Rating Factors:
Strong long-term capitalization index (8.8 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2020. Ample reserve history (8.4) that helps to protect the company against sharp claims increases. Excellent profitability index (7.3).
Other Rating Factors:
Excellent liquidity (8.3) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.7). Stability strengths include excellent operational trends, good risk adjusted capital for prior years and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Other (100%)
Licensed in:
All states and GU
Principal Investments:
Investment grade bonds (94.9%), cash (0.2%), other (4.9%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
Radian Group Inc
Investment Rating
Company Address
550 East Swedesford Road
Wayne, PA 19087
Wayne, PA 19087
Phone Number
(800) 523-1988
NAIC Number
33790
Website
Largest Affiliates