C
RADIAN REINS INC
WaynePA
Data as of
September 30, 2022
NAIC
Classification
Risk Adjusted
Capital Ratio #1
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Capital Ratio #2
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Premiums
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Major Rating Factors: Weak overall results on stability tests (1.8 on a scale of 0 to 10). The largest net exposure for one risk is excessive at 9.7% of capital. Fair profitability index (3.6). Weak expense controls. Return on equity has been fair, averaging 14.2% over the past five years.
Other Rating Factors: Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (9.6) with ample operational cash flow and liquid investments.
Stability Factors: T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Other (100%)
Licensed in: No States
Principal Investments: Investment grade bonds (93.1%), cash (1.0%), non investment grade bonds (0.1%), other (5.7%)
Ratios
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Investments in Affiliates
Corporate Info
Group Affiliation
Radian Group Inc
Investment Rating
RDN
Company Address
550 East Swedesford Road Suite
Wayne, PA 19087
Phone Number
(800) 523-1988
NAIC Number
15842
Largest Affiliates
D
Wayne, PA - P&C
D
Wayne, PA - P&C
U
U
Philadelphia, PA - P&C
Weiss Ratings