Radian group

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Radian Group Inc. (NYSE: RDN) is a credit enhancement company, offering mortgage insurance, financial guaranty insurance for public finance, asset-backed and structured finance transactions, reinsurance and other financial services. Radian is the third-largest publicly traded mortgage insurer in the United States.

The company is headquartered in Philadelphia, with operations in New York City, London and Hong Kong.

It generates nearly one-third of its net income from non-mortgage insurance businesses.

The company's key executives are chief executive officer S.A. Ibrahim and president and chief operating officer: Roy J. Kasmar. The company has over 1,200 employees.

On February 6, 2007 it was announced that Radian Group will merge with competitor MGIC forming a new company called "MGIC Radian Financial Group".

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