Rating Date
June 2026
NAIC
Classification
Classification
Risk Adjusted
Capital Ratio #1
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Capital Ratio #2
Loss
Ratio
Ratio
Total
Assets
Assets
Capital
Net
Premiums
Premiums
Net
Income
Income
Major Rating Factors:
Fair reserve development (4.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.3) with operating losses during 2024. Fair overall results on stability tests (4.1) including. Strengths include potentially strong support from affiliation with Radian Group Inc.
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. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fin guar/surety (97.7%), other (2.3%)
Licensed in:
PA
Principal Investments:
Cash (2.9%), other (97.1%)
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
20720
Website
Largest Affiliates