Radian obtains $498m of reinsurance coverage from Eagle Re
Radian obtains $498m of reinsurance coverage from Eagle Re 23-04-2021 08-01-2020 Radian Guaranty, the wholly owned subsidiary of Radian Group, has closed a $498 million mortgage insurance-linked notes (ILN) transaction with Eagle Re 2021-1 (Eagle Re), the newly formed Bermudian special purpose insurer. The $498 million of fully collateralised excess of loss reinsurance covers eligible mortgage insurance policies written by Radian Guaranty in August 2020 through December 2020. Eagle Re financed ...
Source: intelligentinsurer.com