Radian Group to acquire Inigo

US-based mortgage insurer Radian Group has announced its acquisition of Inigo, a UK-based insurance and reinsurance company that underwrites business through Lloyd’s Syndicate 1301. The transaction is valued at 1.7 billion USD.

Following the acquisition, Inigo will continue to operate under its own brand and retain its existing management team.

The deal is subject to regulatory approval and is expected to close in the first half of 2026.

Inigo is currently owned by a consortium of investors, including private equity firm J.C. Flowers & Co. and alternative investment specialist Oak Hill Advisors.