RADIAN GROUP INC 8-K

What Happened

• Radian Group Inc. announced on March 23, 2026 (Regulation FD disclosure) that the Society of Lloyd’s posted the syndicate annual accounts for the year ended December 31, 2025, including Syndicate 1301, the Lloyd’s syndicate used by Inigo Limited to write insurance and reinsurance.
• Radian acquired Inigo on February 2, 2026. The Syndicate 1301 accounts are prepared on a UK GAAP standalone basis (not consolidated) and therefore are not directly translatable to the financial statements Radian will file.
• Radian said it will file the financial statements and pro forma financial information required under Form 8-K Items 9.01(a) and (b)—including audited 2025 consolidated US GAAP financial results for Inigo—by April 17, 2026. Radian uses its investor relations site for Regulation FD disclosures.

Key Details

• Lloyd’s posted syndicate annual accounts for the year ended December 31, 2025, which include Syndicate 1301.
• Radian acquired Inigo Limited on February 2, 2026; Inigo manages and capitalizes Syndicate 1301 via its subsidiaries.
• Syndicate 1301 accounts are prepared on UK GAAP and on a standalone syndicate basis—not Radian- or Inigo-consolidated accounts.
• Radian plans to file audited 2025 consolidated Inigo US GAAP financials and required pro forma filings no later than April 17, 2026; investors should also monitor radian.com/for-investors for disclosures.

Why It Matters

• Investors get an early view that Lloyd’s has published Syndicate 1301’s 2025 standalone results, but Radian warns those figures don’t substitute for consolidated, audited US GAAP results.
• The April 17, 2026 filing deadline gives a clear timeline for when investors can expect Inigo’s audited financials and pro forma impact on Radian’s results—important for assessing the acquisition’s effect on Radian’s financials.
• Radian’s use of its investor relations site for Regulation FD disclosures means investors should follow that site in addition to SEC filings and press releases for timely information.