Radian (RDN) Q2 FY26 earnings call

Radian Group completed its strategic transformation in Q2 FY26, integrating Inigo and divesting non-core assets to become a focused multiline specialty insurer. The quarter saw significant revenue and premium growth driven by the new Specialty segment, which now contributes substantially to the company's diversified earnings profile. While the Specialty market faces softening rates, management emphasizes underwriting discipline and capital allocation to profitable opportunities, alongside continued strong performance from the Mortgage Insurance business and robust capital returns.