Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Radian Says Risk to Meet Standards for Rest of Year

Radian Group Inc., the mortgage insurer whose stock advanced 87 percent this year, said it now expects to meet regulators’ capital standards for the rest of 2012 after recording investment gains.

The risk-to-capital ratio will probably be below the 25-to-1 ceiling set by some state watchdogs for the remainder of the year, the Philadelphia-based company said today in a statement. The insurer said in August that it may fail to meet the standard in the second half of this year.

Chief Executive Officer S.A. Ibrahim has purchased reinsurance and benefited from investment gains as he seeks to stay within state regulators’ capital rules. Rivals including PMI Group Inc. and Triad Guaranty Inc. were forced to stop selling new policies after falling short of the standards as losses backing home loans drained capital.

Meeting the requirement is a result of “proactive capital management initiatives,” the company said in its statement.

The insurer advanced 5 cents to $4.42 in extended trading at 5 p.m. in New York. Mortgage insurers cover losses when homeowners default and foreclosures fail to recoup costs.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.