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Radian Group RDN Specialty Insurance — Policyholder Benefits And Claims Incurred Net

Other segment segments

Specialty Segment Operating
$86.27M
Mortgage Insurance
$24.28M+58.3%
Mortgage Segment Operating
$24.28M

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FNFPolicyholder Benefits And Claims Incurred Net
$62M+14.8%
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UHALPolicyholder Benefits And Claims Incurred Net
$49.61M+8.6%

Other financials

Income statement

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Revenue$466.3M+58.2%
Gross profit$290.1M+0.4%
Net income$124.1M-14.2%
EPS (diluted)$0.89-9.2%

Balance sheet

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Cash & equivalents$95.3M+236%
Total debt$1.3B+3,561%
Total equity$4.8B+4.8%
Total assets$10.7B+21.5%

Cash flow

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Operating cash flow$285.0M+320%
CapEx$749.0K-31.3%
Free cash flow$284.3M+326%

Valuation

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Market cap$4.61B-6.0%

Profitability

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Gross margin96.9%+0.1pp
Net margin41.1%-8.7pp
FCF margin24.3%+14.4pp

Returns & leverage

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Return on equity12%-1.3pp
Debt / equity0.3×+0.3×

Where this comes from

Reported directly by Radian Group in its filing.

Tagged under the XBRL concept us-gaap:PolicyholderBenefitsAndClaimsIncurredNet.

The official record: Radian Group’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Radian Group's specialty insurance — policyholder benefits and claims incurred net?
Radian Group (RDN) reported specialty insurance — policyholder benefits and claims incurred net of $86.27M in Q1 2026.
What does specialty insurance — policyholder benefits and claims incurred net mean?
This metric reflects the total net cost of claims and associated benefits incurred by the specialty insurance segment during a specific period, after accounting for reinsurance recoveries. It is a primary indicator of underwriting performance and the immediate impact of claim activity on profitability. High values relative to premiums earned may signal adverse loss trends or inadequate pricing.