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Radian Group RDN Reserve for insurance claims

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Segments

By segment

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Mortgage Insurance$418.39M+10.9%

Other financials

Income statement

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Revenue$575.0M+92.6%
Gross profit$290.1M+0.4%
Net income$115.9M-18.3%
EPS (diluted)$0.85-16.7%

Balance sheet

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Cash & equivalents$156.6M+606%
Total debt$1.3B+3,644%
Total equity$4.8B+7.0%
Total assets$10.7B+11.2%

Cash flow

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Operating cash flow$342.9M+148%
CapEx$225.0K-81.2%
Free cash flow$342.7M+148%

Valuation

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Market cap$4.82B+6.4%
Enterprise value$5.93B+30.5%
P/E+1.3×
P/S2.9×-0.8×

Profitability

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Gross margin96.9%+0.1pp
Net margin32.6%-16.3pp
FCF margin84.5%+55.2pp

Returns & leverage

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Return on equity11.5%-1.5pp
Debt / equity0.3×+0.3×

Where this comes from

Reported directly by Radian Group in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense.

The source filing: Radian Group’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-340290
(In thousands, except per-share amounts)June 30,2026December 31,2025
Total assets$10,656,320$8,122,397
Liabilities and stockholders’ equity
Liabilities
Reserve for losses and LAE (Note 11)$1,911,780$399,946
Unearned premiums1,015,963159,341
Short-term borrowings (Note 12)535,10833,320
Long-term borrowings (Note 12)696,8951,075,795
Net deferred tax liability962,163942,193

Item 1. Financial Statements (Unaudited)

FAQ

What is Radian Group's reserve for insurance claims?
Radian Group (RDN) reported reserve for insurance claims of $1.91B in Q2 2026.
How has Radian Group's reserve for insurance claims changed year-over-year?
Radian Group's reserve for insurance claims increased by 399.0% year-over-year, from $383.1M to $1.91B.
What is the long-term trend for Radian Group's reserve for insurance claims?
Over 5 years (2020 to 2025), Radian Group's reserve for insurance claims has grown at a -14.0% compound annual growth rate (CAGR), from $848.41M to $399.95M.
What does reserve for insurance claims mean?
This represents the estimated liability for insurance claims that have been reported but not yet settled, as well as claims incurred but not yet reported. It is a fundamental measure of the company's long-term insurance obligations and actuarial accuracy.

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