Essent Seen as Suitor for Mortgage Insurer Radian as CEO Departs

  • BTIG analyst says Essent could ‘fit the bill’ for takeover
  • Radian chief S.A. Ibrahim said he will retire at end of 2017

Essent Group Ltd. may have an opportunity to buy Radian Group Inc., the rival mortgage insurer whose chief executive officer is stepping down, an analyst at BTIG LLC said.

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